Assessing investment in LPG bulk storage facilities and filling centers in Sub-Saharan Africa
This five day course will cover and discuss the following topics:
- The project
• Life cycle of a project
• Role of financial evaluation in a business case - General principles of investments’ evaluation
• Revenues, costs, margin, capex, risk, WACC - Main valuation techniques
• NPV
• IRR(M)
• Payback
• Accounting ratios
• Real options analysis
• Scenario modelling
- Discounted Cash Flow
• WACC calculation
• Capex estimates
• Revenue and cost estimates
• Impact of pricing structures
• Working capital estimates
• Impact of inflation
• Sensitivity analysis
• Importance of business assumptions - Building of financial models
• Worked example: storage terminal
• Worked example: bottling plant
Implementation phase
• Execution, project close and follow-up
Your Course Consultant: James McCullagh, CITAC Executive Director