Table: Scenario B - National basis

$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		600	1,210	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
Income
Total sales		1,328	4,005	7,101	8,848	8,848	8,848	8,848	8,848	8,848	8,848
Earnings after tax		(286)	521	924	1,556	1,565	1,454	1,462	1,437	1,608	1,621
Cash flow
Investment (debt + equity)	2,000	2,000	0	0	0	0	0	0	0	0	0
Net cash flow before tax and dividends	800	446	(1,189)	1,360	2,382	1,354	1,169	792	2,322	2,535	1,354
Balance sheet
Fixed assets (bins)	1,200	2,300	3,638	3,238	2,838	3,638	4,458	5,638	5,238	4,838	5,638
Net working capital	800	1,345	385	1,554	3,342	3,926	3,764	3,335	3,508	3,662	3,436
Total equity	1,000	1,714	2,235	3,160	4,715	6,280	7,134	8,096	8,096	8,096	8,936
Returns
Project return (pre-finance and tax)		IRR:	63.1%			NPV @ 20%:		4,458
Investment return (post-finance and tax)		IRR:	20.7%			NPV @ 15%:		871