OCCUPANCY COSTS

Borrowing

PROJECT FINANCIAL SCHEME Capital : 1 500 000 Duration 20

Rate 2,50% Annual quotation

NEEDS Deprec, RESOURCES

Equities Years Annuities Interests Refunding Capital due

Walls Capital 1 96 221 37 500 58 721 1 441 279

Commercial funds Current account 2 96 221 36 032 60 189 1 381 091

Rights and fees 245 310 Subsidies 3 96 221 34 527 61 693 1 319 397

Amenities ...

Furniture 500 000 ... Endowments depreciable

... TOTAL

... Borrowing & Credit leasing Amount Duration Endowment

... Bank borrowings 1 500 000 750 000 4 187 500

Total 745 310 Credit leasing 450 000 4 112 500

Working capital 754690 ... 300 000 4 75 000

Total 1 500 000

TOTAL NEEDS 1 500 000 TOTAL RESOURCES 1 500 000 TOTAL 375 000

Rents

Annual amount 200 000

TO BE EVALUATED

FUTURIST HOTEL CONCEPT SEYCHELLES AFRICA o Annual rent :

o Investment

Rights & fees :

amenities : depreciable on

Furniture : depreciable on

Investment and financial

agreements described in

the financial scheme

explains occupancy costs

Investment and funding

agreements are showed in the

financial scheme below