Table: Scenario A - Limited coverage

$000	Year 0	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
No. of bins		500	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000
Income
Total sales		1,107	3,319	4,425	4,425	4,425	4,425	4,425	4,425	4,425	4,425
Earnings after tax		(338)	396	650	655	661	567	574	682	689	698
Cash flow
Investment (debt + equity)	2,500	0	0	0	0	0	0	0	0	0	0
Net cash flow before tax and dividends	1,500	(1,407)	314	962	1,069	69	(68)	919	1,057	1,069	69
Balance sheet
Fixed assets (bins)	1,000	1,900	1,700	1,500	1,300	2,100	2,900	2,700	2,500	2,300	3,100
Net working capital	1,500	175	679	1,428	2,174	1,918	1,058	1,121	1,173	1,214	439
Total equity	1,250	912	1,308	1,958	2,613	3,274	3,341	3,341	3,341	3,341	3,539
Returns
Project return (pre-finance and tax)		IRR:	32.2%			NPV @ 20%:		1,084
Investment return (post-finance and tax)		IRR:	17.6%			NPV @ 15%:		240