Annex C. Illustration of a penalty calculation with a gravity component
Table A C.1. Calculations based on the BEN model
|
|
---|---|
Inputs |
|
Initial capital investment |
USD 100 000 |
One-time, non-depreciable expenditure |
USD 80 000 |
Annual operating and maintenance expenditure |
USD 10 000 |
Non-compliance date |
01/06/2005 |
Compliance date |
01/12/2008 |
Estimated penalty payment date |
30/01/2009 |
Discount rate |
9.1% |
Outputs |
|
Present values as of non-compliance date |
|
Capital and one-time costs in the absence of non-compliance (A) |
USD 102 091 |
Capital and one-time costs with delayed compliance (B) |
USD 88 199 |
Avoided annually recurring costs (C) |
USD 16 453 |
Economic benefit as of non-compliance date (A-B+C) |
USD 30 345 |
Final economic benefit as of the estimated penalty payment date |
USD 41 769 |
Source: (OECD, 2009[1]). |
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