| ( bty )( aty ) |
0% |
10% |
12% |
15% |
18% |
20% |
25% |
| Developer( 2.8%)( ) |
|
|
|
|
|
|
|
| Start-up Oper. Losses (exp.) ( 1 167) |
-23519244 |
-13140389 |
-11868401 |
-10268509 |
-8962796 |
-8223005 |
-6725539 |
| Working Capital ( 1 172) |
|
-16529 |
-19133 |
-22684 |
-25855 |
-27778 |
-32000 |
| Operating Reserve ( 1 173) |
|
-99174 |
-114796 |
-136106 |
-155128 |
-166667 |
-192000 |
| Sales ( 1 310) |
-1000 |
-909 |
-893 |
-870 |
-847 |
-833 |
-800 |
| Other Revenue ( 1 320) |
1450000 |
1318182 |
1294643 |
1260870 |
1228814 |
1208333 |
1160000 |
| Other Revenue ( 1 320) |
2439244 |
854940 |
701224 |
524299 |
394960 |
328293 |
209529 |
| ( 1 370) |
22070244 |
7735486 |
6344668 |
4743849 |
3573593 |
2970390 |
1895820 |
| Int.Inc.from Acq./Op.Reserve ( 1 683) |
308000 |
183059 |
165952 |
143727 |
124961 |
114066 |
91423 |
| Subtotal: Developer( 2.8%)( ) |
2747244 |
-3165334 |
-3496736 |
-3755424 |
-3822299 |
-3797200 |
-3593567 |
| |
|
|
|
|
|
|
|
| Lender ( ****)( ) |
|
|
|
|
|
|
|
| ( 2 158) |
316000 |
287273 |
282143 |
274783 |
267797 |
263333 |
252800 |
| ( 2 240) |
-21080000 |
-19163636 |
-18821429 |
-18330435 |
-17864407 |
-17566667 |
-16864000 |
| Distributed Expenses ( 2 660) |
21373240 |
12016250 |
10864640 |
9413964 |
8227908 |
7554929 |
6190146 |
| Expense Accounts for Modellin ( 2 670) |
1766005 |
909263 |
808743 |
684342 |
584784 |
529291 |
419355 |
| Expense Accounts for Modellin ( 2 670) |
19313995 |
6769437 |
5552312 |
4151412 |
3127304 |
2599432 |
1659060 |
| Subtotal: Lender ( ****)( ) |
21689240 |
818587 |
-1313590 |
-3805934 |
-5656615 |
-6619682 |
-8342640 |
| |
|
|
|
|
|
|
|
| Investor ( )( ) |
|
|
|
|
|
|
|
| Sales ( 3 310) |
-6500000 |
-5909091 |
-5803571 |
-5652174 |
-5508475 |
-5416667 |
-5200000 |
| ( 3 370) |
6500000 |
2278210 |
1868595 |
1397131 |
1052474 |
874822 |
558346 |
| Int.Inc.from Acq./Op.Reserve ( 3 683) |
-683000 |
-405913 |
-367976 |
-318690 |
-277075 |
-252915 |
-202703 |
| Int.Inc.from Acq./Op.Reserve ( 3 683) |
375000 |
222854 |
202024 |
174963 |
152114 |
138849 |
111280 |
| ( 3 687) |
47761 |
16740 |
13730 |
10266 |
7733 |
6428 |
4103 |
| Income Taxes (from Disb.) ( 3 840) |
191240 |
113656 |
103033 |
89233 |
77581 |
70816 |
56757 |
| Income Taxes (from Disb.) ( 3 840) |
-105000 |
-62399 |
-56567 |
-48990 |
-42592 |
-38878 |
-31158 |
| Income Taxes (Annual) ( 3 850) |
9091707 |
5286231 |
4809034 |
4203750 |
3704773 |
3419708 |
2836411 |
| Inc.Taxes:Equity Residual ( 3 880) |
-9105080 |
-3191275 |
-2617493 |
-1957075 |
-1474286 |
-1225434 |
-782120 |
| Subtotal: Investor ( )( ) |
-187372 |
-1650987 |
-1849191 |
-2101586 |
-2307753 |
-2423271 |
-2649086 |
| |
|
|
|
|
|
|
|
| Other ( )( ) |
|
|
|
|
|
|
|
| ( 4 155) |
1291000 |
1173636 |
1152679 |
1122609 |
1094068 |
1075833 |
1032800 |
| ( 4 158) |
1231000 |
1119091 |
1099107 |
1070435 |
1043220 |
1025833 |
984800 |
| Subtotal: Other ( )( ) |
2522000 |
2292727 |
2251786 |
2193043 |
2137288 |
2101667 |
2017600 |
| |
|
|
|
|
|
|
|
| Public ( )( ) |
|
|
|
|
|
|
|
| Income Taxes (from Disb.) ( 5 840) |
-191240 |
-113656 |
-103033 |
-89233 |
-77581 |
-70816 |
-56757 |
| Income Taxes (from Disb.) ( 5 840) |
105000 |
62399 |
56567 |
48990 |
42592 |
38878 |
31158 |
| Income Taxes (Annual) ( 5 850) |
-9091707 |
-5286231 |
-4809034 |
-4203750 |
-3704773 |
-3419708 |
-2836411 |
| Inc.Taxes:Equity Residual ( 5 880) |
9105080 |
3191275 |
2617493 |
1957075 |
1474286 |
1225434 |
782120 |
| Subtotal: Public ( )( ) |
-72867 |
-2146213 |
-2238007 |
-2286918 |
-2265476 |
-2226212 |
-2079889 |
| |
|
|
|
|
|
|
|
| Total |
26698245 |
-3851219 |
-6645739 |
-9756819 |
-11914854 |
-12964698 |
-14647582 |
