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Name

Description

Project Return


IRR

The Project Return IRR equals the annualized Project Return in percentage on basis of the tax-shield adjusted Free Cashflow. The tax adjustment concerns the tax saving because of interest according to the Profit & Loss statement. Thus the Project Return IRR equals the Equity IRR with a Debt leverage of 0% ("full equity").

Break Even

The key figure Project Return Break Even shows in number of years and as date, after how many years respective in which month the break even point is reached. At this point the costs of the project equals the earnings.

Payback

The key figure Project Return Payback shows the rate between the expected cash returns of the project and the Capex cost of the project in percentage.

Reference

Free Cashflow adjusted (The adjusted Free Cashflow is after Debt Interest discounts. This guarantees that the Project Return is independent of the financial structure).

Calculation

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Equity Return


IRR

The Equity Return IRR equals the annualized Equity Return in percentage on basis of the Cash Flow to Equity.

Break Even

The key figure Equity Return Break Even shows in number of years and as date, after how many years respective in which month the break even point is reached. At this point the Equity payments equals the Cashflow to Equity.

Payback

The key figure Equity Return Payback shows the rate between the sum of all Payouts to Equity-investors and the sum of all Equity payments from a project company view.

Reference

Cashflow to Equity

Calculation

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Payout Return


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IRR

The Payout Return IRR equals the annualized Payout return in percentage on basis of the Payout.

Break Even

The key figure Payout Return Break Even shows in number of years and as date, after how many years respective in which month the break even point is reached. At this point the Equity payments equals the Payouts.

Payback

The key figure Payout Return Payback shows the rate between the expected Payouts and the sum of all Equity payments from a project company view in percentage.

Reference

Payout

Calculation