ABSTRACT
Table8-3b.NetCashFlowtoEquity,AccountingRateofReturnto InitialEquity,NetPresentValueat14Percent,andInternalRate ofReturn,AssumingAcceleratedDepreciation (millionsofdollars)
Year
24.6 28.0 28.4 28.8 29.2 29.6 30.0 30.0 30.0 30.0 30.0
12.3 14.0 14.2 14.4 14.6 14.8 15.0 15.0 15.0 15.0 15.0
12.3 14.0 14.2 14.4 14.6 14.8 15.0 15.0 15.0 15.0 15.0
9.6 19.4 19.8 20.2 8.3 7.0 7.2 7.4 7.6 7.8
13.0 13.0 13.0 13.0 13.0
0.0 0.0 0.0 0.0
24.6 28.0 28.4 28.8 29.2 29.5 30.0 30.0 30.0 30.0 30.0
4.4 7.8 6.9 6.2 2.2 1.7 1.5 1.4 1.2 1.1 1.6 1.4 1.2 1.1 1.0
Facility 1975 1976 1977 1978 1979 1975-79 1. Exploration and
evaluation 4 6 10 2. Mining 10 20 20 50 3. Concentrator 20 20 30 70 4. Roads, terminals,
and port 4 6 20 10 40 5. Power and communi-
cations 2 2 2 4 6 16 6. Town 2 2 4 4 2 14 7. Total 12 16 56 58 58 200
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25 I have assumed $10 million a year for depreciation and depletion beginning with 1980. This is a conservative figure so that if depreciation should be higher, net cash flow will be higher by 35 percent of the increase in depreciation allowance.
