CALCUL RETOUR SUR INVESTISSEMENT

PROJET : Remplacement ligne 1 par nouvelle technologie RAC

Responsable : JL.DUPONT Code Investissement : 1125608

Libell : Nouvelle ligne 1 Montant : 1600 K
Catgorie investissement : Productif

1/ Grille oprationnel ( renseigner par le responsable du projet)

Descriptif de la rentabilit du projet :

Gain MO = 50000 heures par a 1050 k <--- saisie des gains MO escompts
GAINS Gain matire 0 k <--- saisie des gains matire
k <--- dispo
k <--- dispo
Perte 0,5% de rendement 100 k <--- saisie des perte Matires
CHARGES + Cot de maintenance supp. 30 k <--- saisie des cot + entretien
k <--- dispo
k <--- dispo

Avantage(s) complmentaire(s) :
Gain sur la qualit produit + dpt de brevet associ

Copyright 2011 Bruno THIONNET Le contrle de gestion oprationnel

EN K ANNEE 1 ANNEE 2 ANNEE 3 ANNEE 4 ANNEE 5 ANNEE 6 ANNEE 7 ANNEE 8

PRODUITS D'EXPLOITATION

Gain sur fabrication

Gain sur MOD 1,050 1,082 1,114 1,147 1,182 1,217 1,254 1,291

Gain sur matire 0 0 0 0 0 0 0 0

Gain sur cots industriels 0 0 0 0 0 0 0 0

Autres gains 0 0 0 0 0 0 0 0

TOTAL PRODUITS 1,050 1,082 1,114 1,147 1,182 1,217 1,254 1,291

CHARGES D'EXPLOITATION

Perte sur MOD

Perte sur matire 100 103 106 109 113 116 119 123

Cots Industriels Supplmentaires 30 30 30 30 30 30 30 30

Autres charges 0 0 0 0 0

TOTAL CHARGES 130 133 136 139 143 146 149 153

3/ Tableau de synthse (calculs en K) - produits = ""; charges = ()

TAUX DE L'IS 34.3% TAUX D'ACTUALISATION 8.0%

ANNEE 0 1 2 3 4 5 6 7 8

INVESTISSEMENT (1,600) 0 0 0 0 0

PRODUITS D'EXPLOITATION 1,050 1,082 1,114 1,147 1,182 1,217 1,254 1,291

CHARGES D'EXPLOITATION (130) (133) (136) (139) (143) (146) (149) (153)

AMORTISSEMENT (560) (364) (237) (220) (220) 0 0 0

RESULTAT BRUT 360 585 741 788 820 1,071 1,104 1,138

EFFET IS (124) (201) (254) (271) (281) (368) (379) (391)

RESULTAT NET 0 236 384 487 518 538 703 725 748

AMORTISSEMENT (annulation) (560) (364) (237) (220) (220) 0 0 0

FLUX NET DE TRESORERIE (1,600) 796 748 723 737 758 703 725 748

FLUX DE TRESORERIE ACTUALISE (1,600) 737 641 574 542 516 443 423 404

VALEUR ACTUALISEE NETTE (VAN) (1,600) (863) (221) 353 895 1,411 1,854 2,277 2,681
(FNTA cumul)
TAUX INTERNE DE RENTABILITE (50.2)% (2.4)% 20.1% 31.6% 38.0% 41.4% Err:523 Err:523

PAY BACK DE 2 an(s) Copyright 2011 Bruno THIONNET Le contrle de gestion oprationnel
L'INVESTISSEMENT 5 mois
PROJECT : ligne 1 new technology

Project Manager: G. MILES

Project: New line 1

1/ Project information (to be fill in by the project manager)

Project information
Labor cost gain = 50000 hours per year
GAINS Raw matrial savings

yield degradation 0,5%

COSTS Additional maintenance costs

Supplementary benefit
Product quality improvement + patent registratio

IN K YEAR 1 YEAR 2

Savings

Productivity (production labour) 1,050 1,082

Gain on raw material (Yield) 0 0

Savings on industrial fixed cost 0 0

Other gains 0 0

TOTAL GAINS 1,050 1,082

Supplementary costs

Production labour charges

Losses on raw material (Yield) 100 103

Supplementary industrial fixed costs 30 30

Other additional costs 0 0

TOTAL EXPENSES 130 133

COUNTRY INCOME TAX RATE 30.0%

YEAR 0 1
R1 INVESTMENT (negative figures) (1,600)
R2 REVENUES 1,050
R3 EXPENSES (negative figures) (130)
R4 DEPRECIATION (320)
R5 EARNINGS BEFORE TAXES 600
R6 INCOME TAX (180)
R7 NET INCOME AFTER TAX 420
R8 DEPRECIATION (320)

R9 CASH FLOW (1,600) 740

R10 ACTUALIZED CASH FLOW (month) (1,600) 740

R11 ACTUALIZED CASH FLOW (accumulated) (1,600) (860)

R12 INTERNAL RATE OF RETURN (53.75)%

PAYBACK IN YEARS 2.13

INTERNAL RATE OF RETURN 3 YEARS 19.8%

INTERNAL RATE OF RETURN 5 YEARS 38.6%
 Investissement code : 1125608
Amount : 1600 K
Investment category Efficiency

= 50000 hours per year 1050 k <--- Data entry for expected productivity
0 k <--- Data entry for raw mat gains
k <--- dispo
k <--- dispo
100 k <--- data entry for raw mat losses
enance costs 30 k <--- data entry for maintenance costus
k <--- dispo
k <--- dispo

mprovement + patent registration

YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8

1,114 1,147 1,182 1,217 1,254 1,291

0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0 0

1,114 1,147 1,182 1,217 1,254 1,291

106 109 113 116 119 123

30 30 30 30 30 30

0 0 0 0 0 0

136 139 143 146 149 153

DISCOUNT RATE 8.0%

2 3 4 5 6 7
 1,082 1,114 1,147 1,182 1,217 1,254
(133) (136) (139) (143) (146) (149)
(320) (320) (320) (320) 0 0
629 658 688 719 1,071 1,104
(189) (197) (206) (216) (321) (331)
440 460 482 503 750 773
(320) (320) (320) (320) 0 0

760 780 802 823 750 773

760 780 802 823 750 773

(100) 680 1,482 2,306 3,055 3,829

(4.18)% 19.85% 32.01% 38.63% 42.06% Err:523

Target 17% for Machinery

Target 17% for Buildings
8
1,291
(153)
0
1,138
(342)
797
0

797

797

4,625

Err:523
 RETURN ON INV
Comments/guidelines :

1) Definitions :

Payback : the expected number of years required to recover the original investment. Payback is a t
It does not take into account the cost of capital.

Internal Rate of Return (IRR) : the discount rate at which a project's net present value equals zero.
The IRR is the annualized effective compounded rate which can be earned on the invested capital,
The internal rate of return for an investment is the discount rate that makes the net present value of

Net present value (NPV) : It measures the excess or shortfall of cash flows, in present value terms,
the present value of each cash flow discounted at the project's cost of capital and then summing tho

Discount rate : please use 8%.

RETURN ON
Project name/description: Projet Sortie Thermo

Amount requested in K/ 2950K

Description of the project interest/profitability and assumptions (volumes, /kg, hourly rates,.)
Gain de 1100 k de MOD

Avantage complmentaire:
Bactrio/capacit exp vs sous colissages possibles en sortie thermo
Scurit/conditions de travail dans cette zone

Project name/description: Pro

1) REVENUES AND EXPENSES

IN K Year 1
REVENUES

Gain sur MOD 1,100

Gain sur matire
Gain sur cout industriel

TOTAL REVENUES 1,100

EXPENSES

Perte sur MOD

Perte sur matire
Cots industriels supplmentaires

TOTAL EXPENSES 0

Project name/description: Pro

COUNTRY INCOME TAX RATE 30.0%

YEAR 0

INVESTMENT (negative figure) (1,600)

REVENUES
EXPENSES
DEPRECIATION
EARNINGS BEFORE TAXES
INCOME TAX
NET INCOME AFTER TAX
DEPRECIATION

CASH FLOW (1,600)

ACTUALIZED CASH FLOW (month) (1,600)

ACTUALIZED CASH FLOW (accumulated) (1,600)

INTERNAL RATE OF RETURN

PAYBACK IN YEARS 2.81

INTERNAL RATE OF RETURN 3 YEARS 11.4%
INTERNAL RATE OF RETURN 5 YEARS 31.2%
TURN ON INVESTMENT

investment. Payback is a type of "break-even" calculation.

present value equals zero.

ned on the invested capital, i.e: the yield on the investment.
kes the net present value of the investment's income stream total to zero.

ws, in present value terms, once financing charges are met. NPV is calculated by figuring
pital and then summing those discounted cashflows

RETURN ON INVESTMENT
Category : Productif

, /kg, hourly rates,.)

1100 k

ct name/description: Projet Sortie Thermo

Year 2 Year 3 Year 4 Year 5 Year 6 Year 7

 1,133 1,167 1,202 1,238 1,275 1,313

1,133 1,167 1,202 1,238 1,275 1,313

0 0 0 0 0 0

0 0 0 0 0 0

ct name/description: Projet Sortie Thermo

DISCOUNT RATE 8.0%

1 2 3 4 5 6

1,050 1,082 1,114 1,147 1,182 1,217

320 320 320 320 320 0

1,370 1,402 1,434 1,467 1,502 1,217
(411) (420) (430) (440) (451) (365)
959 981 1,004 1,027 1,051 852
320 320 320 320 320 0

639 661 684 707 731 852

592 567 543 520 498 537

(1,008) (442) 101 621 1,119 1,656

(60.06)% (12.72)% 11.43% 24.10% 31.22% 35.93%

Target 17% for Machinery
Target 17% for Buildings
Year 8
1,353

1,353

7 8

1,254 1,291

0 0
1,254 1,291
(376) (387)
878 904
0 0

878 904

512 488

2,168 2,656

Err:523 Err:523