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  • FPSO Lease Rate Calculator

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    eduardo_ricaldi
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    This document contains an energy lease rate calculator that allows a user to input capex, opex, lease period, and other project details to calculate key financial metrics like lease rate per day, profit/loss, cash flow, and discounted cash flow over the lease period and field life. It provides a cash flow forecast and profit/loss forecast with calculations for capex depreciation, taxation, and net present values on a yearly basis out to 20 years. The outputs are used to determine the break-even lease rate per day needed for the project to have a cumulative discounted cash flow of zero at the end of the field life.

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    This document contains an energy lease rate calculator that allows a user to input capex, opex, lease period, and other project details to calculate key financial metrics like lease rate per day, profit/loss, cash flow, and discounted cash flow over the lease period and field life. It provides a cash flow forecast and profit/loss forecast with calculations for capex depreciation, taxation, and net present values on a yearly basis out to 20 years. The outputs are used to determine the break-even lease rate per day needed for the project to have a cumulative discounted cash flow of zero at the end of the field life.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2K views1 page

    FPSO Lease Rate Calculator

    Uploaded by

    eduardo_ricaldi
    This document contains an energy lease rate calculator that allows a user to input capex, opex, lease period, and other project details to calculate key financial metrics like lease rate per day, profit/loss, cash flow, and discounted cash flow over the lease period and field life. It provides a cash flow forecast and profit/loss forecast with calculations for capex depreciation, taxation, and net present values on a yearly basis out to 20 years. The outputs are used to determine the break-even lease rate per day needed for the project to have a cumulative discounted cash flow of zero at the end of the field life.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    IHS Energy Lease Rate Calculator

    Total Capex (FPSO) ($MM)

    Enter Capex of Vessel plus topsides

    Project Summary

    Annual Opex ($MM)

    30.00

    Deduct operations support as oil company cost

    Cash Sink

    Lease Period

    10 yrs

    Use 15 year vessel life for new build and 10 year for conversions, final number should be similar.

    Capex Expenditure Period

    390.00

    Lease days/year
    Lease Profit
    Bank Charge
    Project Discount Rate

    <358.68>

    365
    4.00%
    5.00%
    9.00%

    Lease profit + Bank charge

    Profit After Tax

    Corporation Tax

    21.00%

    Declining Balance Capital Depr

    45.00%

    Use 25% for 20 year life, 30% for 15 year life and 45% for 10 year life

    Straight Line Capital Depr

    10.00%

    1/llease period

    Depreciation type

    DB

    "SL" for straight line or "DB" for declining balance

    Floater Lease Rate inc Finance


    Lease Rate ($) per Day

    $MM

    3 yrs

    NOTE: Cells with a blue background are calculated values and should not be overwritten

    Lease rate adjusted to set the Cum DCF to zero in the final year of Field Life

    Break-even

    278,852

    259.75

    Assumes no tax credit can be taken until profit made, and tax is delayed one year

    Cash Flow Forecast ($MM)


    Lease Days
    Project Years

    365

    365

    365

    365

    365

    365

    365

    365

    365

    365

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    20

    21

    22

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    Field Life
    Lease Income
    Capex

    130.00

    130.00

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    10.81

    14.05

    14.51

    14.77

    14.90

    71.78

    60.97

    57.73

    57.27

    57.02

    56.88

    <31.10>

    29.87

    87.60

    144.87

    201.89

    258.76

    39.27

    30.60

    26.58

    24.19

    22.10

    20.22
    0.00

    130.00

    Opex
    Taxation
    Net Cash Flow

    <130.00>

    <130.00>

    <130.00>

    Cumulative NCF

    <130.00>

    <260.00>

    <390.00>

    Discounted Cash Flow

    <130.00>

    <119.27>

    <109.42>

    Cumulative DCF

    <130.00>

    <249.27>

    <358.68>

    71.78

    71.78

    <318.22>
    55.43

    71.78

    <246.44>
    50.85

    71.78

    <174.66>
    46.65

    <102.88>
    42.80

    258.76

    258.76

    258.76

    258.76

    258.76

    258.76

    258.76

    258.76

    258.76

    0.00

    0.00

    0.00

    0.00

    0.00

    0.00

    0.00

    0.00

    0.00

    <303.26>

    <252.40>

    <205.75>

    <162.95>

    <123.68>

    <93.09>

    <66.51>

    <42.32>

    <20.22>

    365

    365

    365

    365

    365

    365

    365

    365

    365

    365

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    20

    21

    22

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    Profit / <Loss> Forecast ($MM)


    Lease Days
    Project Years
    Field Life
    Lease Income
    Opex
    Capex Depreciation

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    101.78

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    30.00

    175.50

    96.53

    53.09

    29.20

    16.06

    8.83

    4.86

    2.67

    1.47

    0.81

    <103.72>

    <24.74>

    18.69

    42.58

    55.72

    62.95

    66.92

    69.11

    70.31

    70.97

    10.81

    14.05

    14.51

    14.77

    14.90

    Profit After Tax

    <103.72>

    <24.74>

    18.69

    42.58

    55.72

    52.14

    52.87

    54.60

    55.55

    56.07

    Cumulative Profit

    <103.72>

    <128.46>

    <109.77>

    <67.19>

    <11.47>

    40.67

    93.54

    148.14

    203.68

    259.75

    259.75

    259.75

    259.75

    259.75

    259.75

    259.75

    259.75

    259.75

    259.75

    390.00

    214.50

    117.98

    64.89

    35.69

    19.63

    10.80

    5.94

    3.27

    1.80

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    175.50

    96.53

    53.09

    29.20

    16.06

    8.83

    4.86

    2.67

    1.47

    0.81

    214.50

    117.98

    64.89

    35.69

    19.63

    10.80

    5.94

    3.27

    1.80

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    0.99

    42.58

    55.72

    62.95

    66.92

    69.11

    70.31

    70.97

    <67.19>

    <11.47>

    51.48

    66.92

    69.11

    70.31

    70.97

    10.81

    14.05

    14.51

    14.77

    14.90

    Profit Before Tax


    Taxation

    Capex Write Down


    Remaining Capital Depr Balance

    130.00

    260.00

    390.00

    Depreciation
    Net Book Value

    130.00

    260.00

    390.00

    Tax Calculation
    Profit

    <103.72>

    <24.74>

    Adjusted Profit

    <103.72>

    <128.46>

    Tax to Pay

    8/14/2013

    18.69
    <109.77>

    Page 1 of 1

    164319606.xls.ms_office

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