PROJECT NPV (in thousands of $) Year Key Assumptions Unit Sales Inflation Rate Real Cost of Capital Tax Rate Discounting Discount Rate = Cost of Capital Cumulative Discount Factor Price or Cost / Unit Sales Revenue / Unit Variable Cost / Unit Cash Fixed Costs Cash Flow Forecasts Sales Revenue Variable Costs Gross Margin Cash Fixed Costs Depreciation Total Fixed Costs Operating Profit Taxes Net Profit Basics 2023 0.0% 2024 5700 1.5% 9.3% 21.0% $15.30 $9.20 $7,940 2025 10300 1.8% 9.5% 21.0% 2026 2027 2028 14900 19500 24100 2.2% 2.5% 2.8% 9.7% 10.0% 10.2% 21.0% 21.0% 21.0% 2029 16150 2.8% 10.4% 21.0% 2030 8200 2.8% 10.6% 21.0%