Quadro 6 Previsões das taxas diárias de aluguer para novos navios graneleiros "cape-size"

Expedições de Factor Tx Diária Tx Diária

Ano Ano Minério de Ferro % Tx Diária Média % Ajustamento Aluguer Aluguer
Idade Navio Evento Calendário (10^6 Toneladas) Crescimento Frete Crescimento Tx Aluguer Ajustada Esperada

0 2000 440 7.30% 15,344 21.50%

1 2001 436 -0.90% 14,747 -3.90%
2 2002 445 2.00% 15,072 2.20%
1 3 2003 454 2.00% 15,403 2.20% 1.15 17,713 20,000
2 4 2004 463 2.00% 15,742 2.20% 1.15 18,103 20,200
3 5 2005 472 2.00% 16,088 2.20% 1.15 18,501 20,400
4 6 2006 479 1.50% 16,273 1.20% 1.15 18,714 18,714
5 7 2007 486 1.50% 16,460 1.20% 1.05 17,283 17,283
6 8 2008 493 1.50% 16,650 1.20% 1.05 17,481 17,481
7 9 2009 501 1.50% 16,841 1.20% 1.05 17,682 17,682
8 10 2010 508 1.50% 17,035 1.20% 1.05 17,886 17,886
9 11 2011 516 1.50% 17,231 1.20% 1.05 18,092 18,092
10 12 2012 524 1.50% 17,429 1.20% 1.00 17,428 17,428
11 13 2013 532 1.50% 17,629 1.20% 1.00 17,628 17,628
12 14 2014 540 1.50% 17,832 1.20% 1.00 17,831 17,831
13 15 2015 548 1.50% 18,037 1.20% 1.00 18,036 18,036
14 16 2016 556 1.50% 18,245 1.20% 1.00 18,243 18,243
15 17 2017 564 1.50% 18,454 1.20% 0.80 14,762 14,762
16 18 2018 573 1.50% 18,667 1.20% 0.80 14,932 14,932
17 19 2019 581 1.50% 18,881 1.20% 0.80 15,104 15,104
18 20 2020 590 1.50% 19,098 1.20% 0.80 15,278 15,278
19 21 2021 599 1.50% 19,318 1.20% 0.80 15,454 15,454
20 22 2022 608 1.50% 19,540 1.20% 0.75 14,654 14,654
21 23 2023 617 1.50% 19,765 1.20% 0.75 14,823 14,823
22 24 2024 626 1.50% 19,992 1.20% 0.75 14,993 14,993
23 25 2025 636 1.50% 20,222 1.20% 0.75 15,166 15,166
24 26 2026 645 1.50% 20,455 1.20% 0.75 15,341 15,341
25 27 2027 655 1.50% 20,690 1.20% 0.65 13,448 13,448
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000) Res.Operac ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000) Impostos após ('000) Investimen Investimen Var
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ Lucros Impostos Amortizações Navio Vistorias NFM
0 2000
1 2001
2 2002
1 3 2003 20000
2 4 2004 20200
3 5 2005 20400
4 6 2006 18714
5 7 2007 17283
6 8 2008 17481
7 9 2009 17682
8 10 2010 17886
9 11 2011 18092
10 12 2012 17428
11 13 2013 17628
12 14 2014 17831
13 15 2015 18036
14 16 2016 18243
15 17 2017 14762
16 18 2018 14932
17 19 2019 15104
18 20 2020 15278
19 21 2021 15454
20 22 2022 14654
21 23 2023 14823
22 24 2024 14993
23 25 2025 15166
24 26 2026 15341
25 27 2027 13448
 ('000)

Resultado ('000) Valor

Venda CashFlow CashFlow Contabilist Valor Abate
Navio Livre Livre ACTUAL NFM Navio
0.0
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0
2 4 2004 20200 4161.2
3 5 2005 20400 4328.9
4 6 2006 18714 4503.4
5 7 2007 17283 4684.8
6 8 2008 17481 4873.6
7 9 2009 17682 5070.0
8 10 2010 17886 5274.4
9 11 2011 18092 5486.9
10 12 2012 17428 5708.0
11 13 2013 17628 5938.1
12 14 2014 17831 6177.4
13 15 2015 18036 6426.3
14 16 2016 18243 6685.3
15 17 2017 14762 6954.7
16 18 2018 14932 7235.0
17 19 2019 15104 7526.6
18 20 2020 15278 7829.9
19 21 2021 15454 8145.4
20 22 2022 14654 8473.7
21 23 2023 14823 8815.2
22 24 2024 14993 9170.4
23 25 2025 15166 9540.0
24 26 2026 15341 9924.5
25 27 2027 13448 10324.4
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357
2 4 2004 20200 4161.2 357
3 5 2005 20400 4328.9 357
4 6 2006 18714 4503.4 357
5 7 2007 17283 4684.8 357
6 8 2008 17481 4873.6 353
7 9 2009 17682 5070.0 353
8 10 2010 17886 5274.4 353
9 11 2011 18092 5486.9 353
10 12 2012 17428 5708.0 353
11 13 2013 17628 5938.1 349
12 14 2014 17831 6177.4 349
13 15 2015 18036 6426.3 349
14 16 2016 18243 6685.3 349
15 17 2017 14762 6954.7 349
16 18 2018 14932 7235.0 349
17 19 2019 15104 7526.6 349
18 20 2020 15278 7829.9 349
19 21 2021 15454 8145.4 349
20 22 2022 14654 8473.7 349
21 23 2023 14823 8815.2 349
22 24 2024 14993 9170.4 349
23 25 2025 15166 9540.0 349
24 26 2026 15341 9924.5 349
25 27 2027 13448 10324.4 349
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0
2 4 2004 20200 4161.2 357 7211.4 1518.8
3 5 2005 20400 4328.9 357 7282.8 1580.0
4 6 2006 18714 4503.4 357 6680.9 1643.7
5 7 2007 17283 4684.8 357 6170.0 1710.0
6 8 2008 17481 4873.6 353 6170.8 1778.9
7 9 2009 17682 5070.0 353 6241.7 1850.6
8 10 2010 17886 5274.4 353 6313.8 1925.1
9 11 2011 18092 5486.9 353 6386.5 2002.7
10 12 2012 17428 5708.0 353 6152.1 2083.4
11 13 2013 17628 5938.1 349 6152.2 2167.4
12 14 2014 17831 6177.4 349 6223.0 2254.7
13 15 2015 18036 6426.3 349 6294.6 2345.6
14 16 2016 18243 6685.3 349 6366.8 2440.1
15 17 2017 14762 6954.7 349 5151.9 2538.5
16 18 2018 14932 7235.0 349 5211.3 2640.8
17 19 2019 15104 7526.6 349 5271.3 2747.2
18 20 2020 15278 7829.9 349 5332.0 2857.9
19 21 2021 15454 8145.4 349 5393.4 2973.1
20 22 2022 14654 8473.7 349 5114.2 3092.9
21 23 2023 14823 8815.2 349 5173.2 3217.5
22 24 2024 14993 9170.4 349 5232.6 3347.2
23 25 2025 15166 9540.0 349 5292.9 3482.1
24 26 2026 15341 9924.5 349 5354.0 3622.4
25 27 2027 13448 10324.4 349 4693.4 3768.4
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0 1560
2 4 2004 20200 4161.2 357 7211.4 1518.8 1560
3 5 2005 20400 4328.9 357 7282.8 1580.0 1560
4 6 2006 18714 4503.4 357 6680.9 1643.7 1560
5 7 2007 17283 4684.8 357 6170.0 1710.0 1560
6 8 2008 17481 4873.6 353 6170.8 1778.9 1620
7 9 2009 17682 5070.0 353 6241.7 1850.6 1620
8 10 2010 17886 5274.4 353 6313.8 1925.1 1620
9 11 2011 18092 5486.9 353 6386.5 2002.7 1620
10 12 2012 17428 5708.0 353 6152.1 2083.4 1620
11 13 2013 17628 5938.1 349 6152.2 2167.4 1630
12 14 2014 17831 6177.4 349 6223.0 2254.7 1630
13 15 2015 18036 6426.3 349 6294.6 2345.6 1630
14 16 2016 18243 6685.3 349 6366.8 2440.1 1630
15 17 2017 14762 6954.7 349 5151.9 2538.5 1630
16 18 2018 14932 7235.0 349 5211.3 2640.8 1710
17 19 2019 15104 7526.6 349 5271.3 2747.2 1710
18 20 2020 15278 7829.9 349 5332.0 2857.9 1710
19 21 2021 15454 8145.4 349 5393.4 2973.1 1710
20 22 2022 14654 8473.7 349 5114.2 3092.9 1710
21 23 2023 14823 8815.2 349 5173.2 3217.5 1730
22 24 2024 14993 9170.4 349 5232.6 3347.2 1730
23 25 2025 15166 9540.0 349 5292.9 3482.1 1730
24 26 2026 15341 9924.5 349 5354.0 3622.4 1730
25 27 2027 13448 10324.4 349 4693.4 3768.4 1730
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
3900
3900
31200
1560
1560
1560
1560
1560 300
1620
1620
1620
1620
1620 350
1630
1630
1630
1630
1630 750
1710
1710
1710
1710
1710 850
1730
1730
1730
1730
1730
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
3900
7800
39000
37440
35880
34320
32760
31500 + Valor Investimento Vistorias
29880
28260
26640
25020
23750 + Valor Investimento Vistorias
22120
20490
18860
17230
16350 + Valor Investimento Vistorias
14640
12930
11220
9510
8650 + Valor Investimento Vistorias
6920
5190
3460
1730
0
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0 1560
2 4 2004 20200 4161.2 357 7211.4 1518.8 1560
3 5 2005 20400 4328.9 357 7282.8 1580.0 1560
4 6 2006 18714 4503.4 357 6680.9 1643.7 1560
5 7 2007 17283 4684.8 357 6170.0 1710.0 1560
6 8 2008 17481 4873.6 353 6170.8 1778.9 1620
7 9 2009 17682 5070.0 353 6241.7 1850.6 1620
8 10 2010 17886 5274.4 353 6313.8 1925.1 1620
9 11 2011 18092 5486.9 353 6386.5 2002.7 1620
10 12 2012 17428 5708.0 353 6152.1 2083.4 1620
11 13 2013 17628 5938.1 349 6152.2 2167.4 1630
12 14 2014 17831 6177.4 349 6223.0 2254.7 1630
13 15 2015 18036 6426.3 349 6294.6 2345.6 1630
14 16 2016 18243 6685.3 349 6366.8 2440.1 1630
15 17 2017 14762 6954.7 349 5151.9 2538.5 1630
16 18 2018 14932 7235.0 349 5211.3 2640.8 1710
17 19 2019 15104 7526.6 349 5271.3 2747.2 1710
18 20 2020 15278 7829.9 349 5332.0 2857.9 1710
19 21 2021 15454 8145.4 349 5393.4 2973.1 1710
20 22 2022 14654 8473.7 349 5114.2 3092.9 1710
21 23 2023 14823 8815.2 349 5173.2 3217.5 1730
22 24 2024 14993 9170.4 349 5232.6 3347.2 1730
23 25 2025 15166 9540.0 349 5292.9 3482.1 1730
24 26 2026 15341 9924.5 349 5354.0 3622.4 1730
25 27 2027 13448 10324.4 349 4693.4 3768.4 1730
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
3900
3900
31200
1442.0 2678.0 1560
1446.4 2686.2 1560
1450.0 2692.8 1560
1217.0 2260.2 1560
1015.0 1885.0 1560 300
970.2 1801.7 1620
969.9 1801.3 1620
969.0 1799.6 1620
967.3 1796.4 1620
857.0 1591.6 1620 350
824.2 1530.6 1630
818.4 1519.9 1630
811.6 1507.3 1630
803.8 1492.8 1630
344.2 639.2 1630 750
301.2 559.3 1710
284.9 529.2 1710
267.4 496.7 1710
248.6 461.7 1710
109.0 202.4 1710 850
79.0 146.7 1730
54.4 101.0 1730
28.3 52.5 1730
0.6 1.0 1730
-281.8 -523.3 1730
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
3900
7800
39000
37440
35880
34320
32760
31500
29880
28260
26640
25020
23750
22120
20490
18860
17230
16350
14640
12930
11220
9510
8650
6920
5190
3460
1730
0
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0 1560
2 4 2004 20200 4161.2 357 7211.4 1518.8 1560
3 5 2005 20400 4328.9 357 7282.8 1580.0 1560
4 6 2006 18714 4503.4 357 6680.9 1643.7 1560
5 7 2007 17283 4684.8 357 6170.0 1710.0 1560
6 8 2008 17481 4873.6 353 6170.8 1778.9 1620
7 9 2009 17682 5070.0 353 6241.7 1850.6 1620
8 10 2010 17886 5274.4 353 6313.8 1925.1 1620
9 11 2011 18092 5486.9 353 6386.5 2002.7 1620
10 12 2012 17428 5708.0 353 6152.1 2083.4 1620
11 13 2013 17628 5938.1 349 6152.2 2167.4 1630
12 14 2014 17831 6177.4 349 6223.0 2254.7 1630
13 15 2015 18036 6426.3 349 6294.6 2345.6 1630
14 16 2016 18243 6685.3 349 6366.8 2440.1 1630
15 17 2017 14762 6954.7 349 5151.9 2538.5 1630
16 18 2018 14932 7235.0 349 5211.3 2640.8 1710
17 19 2019 15104 7526.6 349 5271.3 2747.2 1710
18 20 2020 15278 7829.9 349 5332.0 2857.9 1710
19 21 2021 15454 8145.4 349 5393.4 2973.1 1710
20 22 2022 14654 8473.7 349 5114.2 3092.9 1710
21 23 2023 14823 8815.2 349 5173.2 3217.5 1730
22 24 2024 14993 9170.4 349 5232.6 3347.2 1730
23 25 2025 15166 9540.0 349 5292.9 3482.1 1730
24 26 2026 15341 9924.5 349 5354.0 3622.4 1730
25 27 2027 13448 10324.4 349 4693.4 3768.4 1730
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
3900
3900
31200 500.0
1442.0 2678.0 1560 15.0
1446.4 2686.2 1560 15.5
1450.0 2692.8 1560 15.9
1217.0 2260.2 1560 16.4
1015.0 1885.0 1560 300 16.9
970.2 1801.7 1620 17.4
969.9 1801.3 1620 17.9
969.0 1799.6 1620 18.4
967.3 1796.4 1620 19.0
857.0 1591.6 1620 350 19.6
824.2 1530.6 1630 20.2
818.4 1519.9 1630 20.8
811.6 1507.3 1630 21.4
803.8 1492.8 1630 22.0
344.2 639.2 1630 750 22.7
301.2 559.3 1710 23.4
284.9 529.2 1710 24.1
267.4 496.7 1710 24.8
248.6 461.7 1710 25.5
109.0 202.4 1710 850 26.3
79.0 146.7 1730 27.1
54.4 101.0 1730 27.9
28.3 52.5 1730 28.7
0.6 1.0 1730 29.6
-281.8 -523.3 1730 -1016.4
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
3900
7800
500 39000
515.0 37440
530.5 35880
546.4 34320
562.8 32760
579.6 31500
597.0 29880
614.9 28260
633.4 26640
652.4 25020
672.0 23750
692.1 22120
712.9 20490
734.3 18860
756.3 17230
779.0 16350
802.4 14640
826.4 12930
851.2 11220
876.8 9510
903.1 8650
930.1 6920
958.1 5190
986.8 3460
1016.4 1730
0
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0 1560
2 4 2004 20200 4161.2 357 7211.4 1518.8 1560
3 5 2005 20400 4328.9 357 7282.8 1580.0 1560
4 6 2006 18714 4503.4 357 6680.9 1643.7 1560
5 7 2007 17283 4684.8 357 6170.0 1710.0 1560
6 8 2008 17481 4873.6 353 6170.8 1778.9 1620
7 9 2009 17682 5070.0 353 6241.7 1850.6 1620
8 10 2010 17886 5274.4 353 6313.8 1925.1 1620
9 11 2011 18092 5486.9 353 6386.5 2002.7 1620
10 12 2012 17428 5708.0 353 6152.1 2083.4 1620
11 13 2013 17628 5938.1 349 6152.2 2167.4 1630
12 14 2014 17831 6177.4 349 6223.0 2254.7 1630
13 15 2015 18036 6426.3 349 6294.6 2345.6 1630
14 16 2016 18243 6685.3 349 6366.8 2440.1 1630
15 17 2017 14762 6954.7 349 5151.9 2538.5 1630
16 18 2018 14932 7235.0 349 5211.3 2640.8 1710
17 19 2019 15104 7526.6 349 5271.3 2747.2 1710
18 20 2020 15278 7829.9 349 5332.0 2857.9 1710
19 21 2021 15454 8145.4 349 5393.4 2973.1 1710
20 22 2022 14654 8473.7 349 5114.2 3092.9 1710
21 23 2023 14823 8815.2 349 5173.2 3217.5 1730
22 24 2024 14993 9170.4 349 5232.6 3347.2 1730
23 25 2025 15166 9540.0 349 5292.9 3482.1 1730
24 26 2026 15341 9924.5 349 5354.0 3622.4 1730
25 27 2027 13448 10324.4 349 4693.4 3768.4 1730
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
3900
3900
31200 500.0
1442.0 2678.0 1560 15.0
1446.4 2686.2 1560 15.5
1450.0 2692.8 1560 15.9
1217.0 2260.2 1560 16.4
1015.0 1885.0 1560 300 16.9
970.2 1801.7 1620 17.4
969.9 1801.3 1620 17.9
969.0 1799.6 1620 18.4
967.3 1796.4 1620 19.0
857.0 1591.6 1620 350 19.6
824.2 1530.6 1630 20.2
818.4 1519.9 1630 20.8
811.6 1507.3 1630 21.4
803.8 1492.8 1630 22.0
344.2 639.2 1630 750 22.7
301.2 559.3 1710 23.4
284.9 529.2 1710 24.1
267.4 496.7 1710 24.8
248.6 461.7 1710 25.5
109.0 202.4 1710 850 26.3
79.0 146.7 1730 27.1
54.4 101.0 1730 27.9
28.3 52.5 1730 28.7
0.6 1.0 1730 29.6
-281.8 -523.3 1730 -1016.4 4367.728
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
3900
7800
500 39000
515.0 37440 3305.6
530.5 35880 3404.8
546.4 34320 3506.9
562.8 32760 3612.1
579.6 31500 3720.5
597.0 29880 3832.1
614.9 28260 3947.0
633.4 26640 4065.5
652.4 25020 4187.4
672.0 23750 4313.0
692.1 22120 4442.4
712.9 20490 4575.7
734.3 18860 4713.0
756.3 17230 4854.4
779.0 16350 5000.0
802.4 14640 5150.0
826.4 12930 5304.5
851.2 11220 5463.6
876.8 9510 5627.5
903.1 8650 5796.4
930.1 6920 5970.3
958.1 5190 6149.4
986.8 3460 6333.9
1016.4 1730 6523.9
0 6719.6
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0 1560
2 4 2004 20200 4161.2 357 7211.4 1518.8 1560
3 5 2005 20400 4328.9 357 7282.8 1580.0 1560
4 6 2006 18714 4503.4 357 6680.9 1643.7 1560
5 7 2007 17283 4684.8 357 6170.0 1710.0 1560
6 8 2008 17481 4873.6 353 6170.8 1778.9 1620
7 9 2009 17682 5070.0 353 6241.7 1850.6 1620
8 10 2010 17886 5274.4 353 6313.8 1925.1 1620
9 11 2011 18092 5486.9 353 6386.5 2002.7 1620
10 12 2012 17428 5708.0 353 6152.1 2083.4 1620
11 13 2013 17628 5938.1 349 6152.2 2167.4 1630
12 14 2014 17831 6177.4 349 6223.0 2254.7 1630
13 15 2015 18036 6426.3 349 6294.6 2345.6 1630
14 16 2016 18243 6685.3 349 6366.8 2440.1 1630
15 17 2017 14762 6954.7 349 5151.9 2538.5 1630
16 18 2018 14932 7235.0 349 5211.3 2640.8 1710
17 19 2019 15104 7526.6 349 5271.3 2747.2 1710
18 20 2020 15278 7829.9 349 5332.0 2857.9 1710
19 21 2021 15454 8145.4 349 5393.4 2973.1 1710
20 22 2022 14654 8473.7 349 5114.2 3092.9 1710
21 23 2023 14823 8815.2 349 5173.2 3217.5 1730
22 24 2024 14993 9170.4 349 5232.6 3347.2 1730
23 25 2025 15166 9540.0 349 5292.9 3482.1 1730
24 26 2026 15341 9924.5 349 5354.0 3622.4 1730
25 27 2027 13448 10324.4 349 4693.4 3768.4 1730
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
3900 -3900.0 -3900.0
3900 -3900.0 -3578.0
31200 500.0 -31700.0 -26681.3
1442.0 2678.0 1560 15.0 4223.0 3260.9
1446.4 2686.2 1560 15.5 4230.7 2997.1
1450.0 2692.8 1560 15.9 4236.9 2753.7
1217.0 2260.2 1560 16.4 3803.8 2268.1
1015.0 1885.0 1560 300 16.9 3128.2 1711.2
970.2 1801.7 1620 17.4 3404.4 1708.5
969.9 1801.3 1620 17.9 3403.4 1567.0
969.0 1799.6 1620 18.4 3401.2 1436.7
967.3 1796.4 1620 19.0 3397.4 1316.6
857.0 1591.6 1620 350 19.6 2842.0 1010.4
824.2 1530.6 1630 20.2 3140.4 1024.3
818.4 1519.9 1630 20.8 3129.1 936.4
811.6 1507.3 1630 21.4 3115.9 855.4
803.8 1492.8 1630 22.0 3100.8 781.0
344.2 639.2 1630 750 22.7 1496.6 345.8
301.2 559.3 1710 23.4 2245.9 476.1
284.9 529.2 1710 24.1 2215.1 430.8
267.4 496.7 1710 24.8 2181.9 389.3
248.6 461.7 1710 25.5 2146.2 351.3
109.0 202.4 1710 850 26.3 1036.1 155.6
79.0 146.7 1730 27.1 1849.6 254.8
54.4 101.0 1730 27.9 1803.1 227.9
28.3 52.5 1730 28.7 1753.8 203.4
0.6 1.0 1730 29.6 1701.4 181.0
-281.8 -523.3 1730 -1016.4 4367.728 6590.8 643.3

-6872.3
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
3900
7800
500 39000
515.0 37440 3305.6
530.5 35880 3404.8
546.4 34320 3506.9
562.8 32760 3612.1
579.6 31500 3720.5
597.0 29880 3832.1
614.9 28260 3947.0
633.4 26640 4065.5
652.4 25020 4187.4
672.0 23750 4313.0
692.1 22120 4442.4
712.9 20490 4575.7
734.3 18860 4713.0
756.3 17230 4854.4
779.0 16350 5000.0
802.4 14640 5150.0
826.4 12930 5304.5
851.2 11220 5463.6
876.8 9510 5627.5
903.1 8650 5796.4
930.1 6920 5970.3
958.1 5190 6149.4
986.8 3460 6333.9
1016.4 1730 6523.9
0 6719.6
Valor Contabilistico do Navio 39000
Depreciação Anual (Navio) 1560
Taxa Imposto 0.35
Taxa Inflação Esperada 0.03
Taxa Actualização 0.09
Vida Util 25

Taxa Custo ('000)

Idade Ano Aluguer OperacionaDias ('000) Custos ('000)
Navio Evento Ano Diário Diário Aluguer Receitas OperacionaAmortizaçõ
0 2000
1 2001
2 2002
1 3 2003 20000 4000.0 357 7140.0 1460.0 1560
2 4 2004 20200 4161.2 357 7211.4 1518.8 1560
3 5 2005 20400 4328.9 357 7282.8 1580.0 1560
4 6 2006 18714 4503.4 357 6680.9 1643.7 1560
5 7 2007 17283 4684.8 357 6170.0 1710.0 1560
6 8 2008 17481 4873.6 353 6170.8 1778.9 1620
7 9 2009 17682 5070.0 353 6241.7 1850.6 1620
8 10 2010 17886 5274.4 353 6313.8 1925.1 1620
9 11 2011 18092 5486.9 353 6386.5 2002.7 1620
10 12 2012 17428 5708.0 353 6152.1 2083.4 1620
11 13 2013 17628 5938.1 349 6152.2 2167.4 1630
12 14 2014 17831 6177.4 349 6223.0 2254.7 1630
13 15 2015 18036 6426.3 349 6294.6 2345.6 1630
14 16 2016 18243 6685.3 349 6366.8 2440.1 1630
15 17 2017 14762 6954.7 349 5151.9 2538.5 1630
16 18 2018 14932 7235.0 349 5211.3 2640.8 1710
17 19 2019 15104 7526.6 349 5271.3 2747.2 1710
18 20 2020 15278 7829.9 349 5332.0 2857.9 1710
19 21 2021 15454 8145.4 349 5393.4 2973.1 1710
20 22 2022 14654 8473.7 349 5114.2 3092.9 1710
21 23 2023 14823 8815.2 349 5173.2 3217.5 1730
22 24 2024 14993 9170.4 349 5232.6 3347.2 1730
23 25 2025 15166 9540.0 349 5292.9 3482.1 1730
24 26 2026 15341 9924.5 349 5354.0 3622.4 1730
25 27 2027 13448 10324.4 349 4693.4 3768.4 1730
 Res.Operac ('000) Resultado ('000)
Impostos após ('000) Investimen Investimen Var Venda CashFlow CashFlow
Lucros Impostos Amortizações Navio Vistorias NFM Navio Livre Livre ACTUAL
3900 -3900.0 -3900.0
3900 -3900.0 -3578.0
31200 500.0 -31700.0 -26681.3
1442.0 2678.0 1560 15.0 4223.0 3260.9
1446.4 2686.2 1560 15.5 4230.7 2997.1
1450.0 2692.8 1560 15.9 4236.9 2753.7
1217.0 2260.2 1560 16.4 3803.8 2268.1
1015.0 1885.0 1560 300 16.9 3128.2 1711.2
970.2 1801.7 1620 17.4 3404.4 1708.5
969.9 1801.3 1620 17.9 3403.4 1567.0
969.0 1799.6 1620 18.4 3401.2 1436.7
967.3 1796.4 1620 19.0 3397.4 1316.6
857.0 1591.6 1620 350 19.6 2842.0 1010.4
824.2 1530.6 1630 20.2 3140.4 1024.3
818.4 1519.9 1630 20.8 3129.1 936.4
811.6 1507.3 1630 21.4 3115.9 855.4
803.8 1492.8 1630 22.0 3100.8 781.0
344.2 639.2 1630 750 22.7 1496.6 345.8
301.2 559.3 1710 23.4 2245.9 476.1
284.9 529.2 1710 24.1 2215.1 430.8
267.4 496.7 1710 24.8 2181.9 389.3
248.6 461.7 1710 25.5 2146.2 351.3
109.0 202.4 1710 850 26.3 1036.1 155.6
79.0 146.7 1730 27.1 1849.6 254.8
54.4 101.0 1730 27.9 1803.1 227.9
28.3 52.5 1730 28.7 1753.8 203.4
0.6 1.0 1730 29.6 1701.4 181.0
-281.8 -523.3 1730 -1016.4 4367.728 6590.8 643.3

-6872.3
 ('000)

Valor
Contabilist Valor Abate
Livre ACTUAL NFM Navio
3900
7800
500 39000
515.0 37440 3305.6
530.5 35880 3404.8
546.4 34320 3506.9
562.8 32760 3612.1
579.6 31500 3720.5
597.0 29880 3832.1
614.9 28260 3947.0
633.4 26640 4065.5
652.4 25020 4187.4
672.0 23750 4313.0
692.1 22120 4442.4
712.9 20490 4575.7
734.3 18860 4713.0
756.3 17230 4854.4
779.0 16350 5000.0
802.4 14640 5150.0
826.4 12930 5304.5
851.2 11220 5463.6
876.8 9510 5627.5
903.1 8650 5796.4
930.1 6920 5970.3
958.1 5190 6149.4
986.8 3460 6333.9
1016.4 1730 6523.9
0 6719.6