是一道求IRR,TAX DEPRECIATION,NPV,的财务英文

是一道求IRR,TAX DEPRECIATION,NPV,的财务英文
The following details were prepared in 2010.The first year of operation and
construction is 2011.
The company remits any surplus cash flows to the UK at the end of each relevant
year.
The project-team at Vagabond plc which prepared the initial bid for the project
estimated that the total cost of the project will amount to M$1,800 million (£300
million) in plant and other machinery.The project will take two years to construct,
with 60 per cent of the project cost incurred in the first year of construction.In
addition to the total project cost,an additional investment of M$90 million (£15
million) would be required for working capital in early January 2011.The
additional working capital investment is anticipated to rise in line with the
Malagan inflation rate.Funding for the project will come from the UK.The policy
of Malagan’s government is to allow investment in plant and equipment for this
type of projects to be depreciated for tax purposes at the rate of 40 per cent in
the first year of operation,and subsequently on a reducing balance basis at 25
per cent per annum.The government of Malaga has undertaken to reimburse
Vagabond plc to the tune of M$540 million for plant and other machinery should
the OITS decides not to extend the period of the project beyond six years and
Vagabond plc can also recoup its investment in working capital.
As a result of the intensity in the bid process,the project-team has felt it
necessary to revise their estimates of the operating profits of the project,before
depreciation and taxes in Malagan dollars (M$) as follows:
M$ million
Year 2011 220
Year 2012 340
Year 2013 410
Year 2014 500
Year 2015 640
Year 2016 720
The above estimates are in real terms