| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | Financial Model Cover Sheet | |||||||||||||||||||||||||
2 | The Financial Model Cover Sheet is meant to act as a summary sheet that will let us easily extract some key pieces of information from your financial model. It is not meant to replace or substitute the full financial model. Please add this cover sheet as a tab in your financial model and link to outputs that may be present elsewhere in the model, so that we can understand the underlying calculation. Please do not modify the format of the cover sheet in any way - you are welcome to format the rest of your inancial model as best suited to your project. Please refer to our Readiness Checklist for detailed instructions on how to fill out this cover sheet. | |||||||||||||||||||||||||
3 | ||||||||||||||||||||||||||
4 | ||||||||||||||||||||||||||
5 | ||||||||||||||||||||||||||
6 | All numbers are purely illustrative. LINK light green cells to your model outputs. Formula cells are locked. Calendar-year reporting 2025–2036; lifecycle totals extend beyond 2036. | |||||||||||||||||||||||||
7 | Project Name | Year | 2025 | 2026E | 2027E | 2028E | 2029E | 2030E | 2031E | 2032E | 2033E | 2034E | 2035E | 2036E | ||||||||||||
8 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |||||||||||||||
9 | A. Offtake & Production | |||||||||||||||||||||||||
10 | ||||||||||||||||||||||||||
11 | Metric | Description | Units | |||||||||||||||||||||||
12 | Total Net CRUs Produced (Lifetime) | The projected number of Carbon Removal Units (credits) available to sell after you have subtracted the buffer and any leakage deductions required by the registry. | tCO₂e | 4,489,816 | ||||||||||||||||||||||
13 | Net CRUs Produced | The actual (if available for 2025) and projected number of Carbon Removal Units (credits) available to sell after you have subtracted the buffer and any leakage deductions required by the registry, annually. | tCO₂e | 206 | 1,550 | 5,290 | 12,479 | 84,442 | 33,110 | 218,591 | 48,869 | 341,289 | 54,836 | 396,516 | 53,498 | |||||||||||
14 | Symbiosis Offtake Volume Offered | The quantity of carbon credits that you propose to supply to Symbiosis under a potential offtake arrangement, reflecting your expected delivery commitment | tCO₂e | 0 | 0 | 0 | 0 | 33,388 | 0 | 95,287 | 0 | 155,616 | 0 | 184,590 | 0 | |||||||||||
15 | Proposed Offtake Price to Symbiosis | The price per tonne (USD/tCO2e) that that you propose to Symbiosis for a potential offtake arrangement. | USD/tCO₂e | $0.00 | $34.32 | $35.69 | $37.12 | $38.61 | $40.15 | $41.76 | $43.43 | $45.16 | $46.97 | $48.85 | $50.80 | |||||||||||
16 | Proposed Symbiosis Offtake Revenue | Calculated as Offtake Volume multiplied by Offtake Price. This is the gross income from this specific proposed offtake. | USD | $0 | $0 | $0 | $0 | $1,288,942 | $0 | $3,978,749 | $0 | $7,028,051 | $0 | $9,016,868 | $0 | |||||||||||
17 | Cumulative Net CRUs | tCO₂e | 206 | 1,756 | 7,046 | 19,525 | 103,967 | 137,077 | 355,668 | 404,538 | 745,827 | 800,663 | 1,197,179 | 1,250,677 | ||||||||||||
18 | Cumulative Offtake CRUs | tCO₂e | 0 | 0 | 0 | 0 | 33,388 | 33,388 | 128,674 | 128,674 | 284,290 | 284,290 | 468,881 | 468,881 | ||||||||||||
19 | Delivery Coverage Ratio | x | 3.11 | 4.11 | 2.76 | 3.14 | 2.62 | 2.82 | 2.55 | 2.67 | ||||||||||||||||
20 | Structural Check | OK | ||||||||||||||||||||||||
21 | ||||||||||||||||||||||||||
22 | B. Land & Restoration | |||||||||||||||||||||||||
23 | ||||||||||||||||||||||||||
24 | Metric | Description | Units | |||||||||||||||||||||||
25 | Total Hectares Required To Meet Symbiosis Offtake Volumes | The minimum amount of land you must successfully restore or manage to generate enough credits to meet the Symbiosis offtake volumes detailed above. | ha | 3,237 | ||||||||||||||||||||||
26 | Hectares Secured Under Contract | The total area of land in each year where you have legally signed agreements with landowners or communities to run the project. Exclude MoUs/LOIs/pending permits. | ha | 4,000 | 6,000 | 8,000 | 5,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||
27 | Hectares Restored or Managed | The area restored or managed in each year, out of the area secured. For 2025, enter the hectares where restoration activities have begun. For future years (2026 onwards), enter the hectares you plan to restore or manage. | ha | 2,200 | 5,000 | 7,000 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||
28 | ||||||||||||||||||||||||||
29 | Cumulative Hectares Secured vs Planned | % | 55% | 72% | 79% | 90% | 90% | 90% | 90% | 90% | 90% | 90% | 90% | 90% | ||||||||||||
30 | Cumulative Hectares Planned vs Hectares Required for Offtake Volumes | % | 68% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | ||||||||||||
31 | Cumulative Hectares Secured vs Hectares Required for Offtake Volumes | % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | ||||||||||||
32 | Structural Check | Total hectares secured vs planned | OK | |||||||||||||||||||||||
33 | Total hectares vs offtake | OK | ||||||||||||||||||||||||
34 | ||||||||||||||||||||||||||
35 | C. Costs (Annual, by category) | |||||||||||||||||||||||||
36 | ||||||||||||||||||||||||||
37 | Metric | Description | Units | |||||||||||||||||||||||
38 | Lifetime Land Securing Cost (total) | Cash spent to secure access to the land and/or carbon rights (e.g., lease payments, legal fees, community engagement meetings). | USD | $6,983,725 | ||||||||||||||||||||||
39 | Lifetime Operational Cost (total) | The day-to-day costs to keep the project going (e.g., forest rangers, scientific monitoring, verification fees, staff salaries). | USD | $113,181,948 | ||||||||||||||||||||||
40 | Lifetime Financing Cost (total) | Interest, structuring fees, debt service fees, VAT on financing, and transaction costs. Exclude equity distributions. | USD | $3,000,000 | ||||||||||||||||||||||
41 | Lifetime Other Cost (total) | Additional project costs not captured under land securing, operations, or financing (e.g., depreciation, taxes, insurance, regulatory compliance costs, or other administrative expenses). | USD | |||||||||||||||||||||||
42 | ||||||||||||||||||||||||||
43 | Land Securing Cost | Cash spent to secure access to the land and/or carbon rights (e.g., lease payments, legal fees, community engagement meetings). | USD | -$299,486 | -$577,923 | -$616,014 | -$656,908 | -$700,822 | -$747,989 | -$798,664 | -$853,117 | -$433,201 | -$433,201 | -$433,201 | -$433,201 | |||||||||||
44 | Operational Cost | The day-to-day costs to keep the project going (e.g., forest rangers, scientific monitoring, verification fees, staff salaries). | USD | -$1,425,108 | -$2,643,698 | -$2,424,229 | -$1,968,749 | -$2,538,197 | -$3,092,406 | -$3,315,426 | -$3,280,780 | -$2,426,636 | -$2,426,636 | -$2,426,636 | -$2,426,636 | |||||||||||
45 | Financing Cost (Debt, fees, VAT) | Interest, structuring fees, debt service fees, VAT on financing, and transaction costs. Exclude equity distributions. | USD | -$29,864 | -$119,529 | -$123,115 | -$165,968 | -$237,504 | -$143,288 | -$147,587 | -$167,138 | -$95,685 | -$95,685 | -$95,685 | -$95,685 | |||||||||||
46 | Other Costs (Depreciation, Tax) | Additional project costs not captured under land securing, operations, or financing (e.g., depreciation, taxes, insurance, regulatory compliance costs, or other administrative expenses). | USD | |||||||||||||||||||||||
47 | Total Annual Cost | USD | $1,754,458 | $3,341,150 | $3,163,357 | $2,791,625 | $3,476,523 | $3,983,683 | $4,261,676 | $4,301,035 | $2,955,522 | $2,955,522 | $2,955,522 | $2,955,522 | ||||||||||||
48 | ||||||||||||||||||||||||||
49 | Cumulative Cost | USD | $1,754,458 | $5,095,608 | $8,258,965 | $11,050,590 | $14,527,113 | $18,510,797 | $22,772,473 | $27,073,508 | $30,029,030 | $32,984,552 | $35,940,074 | $38,895,596 | ||||||||||||
50 | Total Cost/Ton | USD/tCO₂e | $8,525.05 | $2,901.89 | $1,172.12 | $565.97 | $139.73 | $135.04 | $64.03 | $66.92 | $40.26 | $41.20 | $30.02 | $31.10 | ||||||||||||
51 | Land Securing Cost/Ton | USD/tCO₂e | $1,455.22 | $499.67 | $211.95 | $110.13 | $27.42 | $26.26 | $12.36 | $12.98 | $7.62 | $7.64 | $5.47 | $5.58 | ||||||||||||
52 | Operational Cost/Ton | USD/tCO₂e | $6,924.71 | $2,317.14 | $921.50 | $433.38 | $105.80 | $102.81 | $48.94 | $51.14 | $30.99 | $31.90 | $23.36 | $24.30 | ||||||||||||
53 | Financing Cost/Ton | USD/tCO₂e | $145.11 | $85.08 | $38.67 | $22.46 | $6.50 | $5.98 | $2.72 | $2.80 | $1.65 | $1.66 | $1.19 | $1.21 | ||||||||||||
54 | Other Cost/Ton | USD/tCO₂e | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||||||
55 | ||||||||||||||||||||||||||
56 | Over 5 years | Over 10 years | Project lifetime | |||||||||||||||||||||||
57 | Land Securing Cost | USD/tCO₂e | $12.36 | $5.58 | $1.56 | |||||||||||||||||||||
58 | Operational Cost | USD/tCO₂e | $48.94 | $24.30 | $25.21 | |||||||||||||||||||||
59 | Financing Cost (Debt, fees, VAT) | USD/tCO₂e | $2.72 | $1.21 | $0.67 | |||||||||||||||||||||
60 | Other Costs (Depreciation, Tax) | USD/tCO₂e | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||
61 | Average Cost Per Ton | USD/tCO₂e | $64.03 | $31.10 | $27.43 | |||||||||||||||||||||
62 | ||||||||||||||||||||||||||
63 | D. Revenue Sharing | |||||||||||||||||||||||||
64 | May extend beyond 2036. Link full-life totals from your underlying model (do not truncate to 2036). | |||||||||||||||||||||||||
65 | The Absolute Value is the total cash amount (e.g., $10 million) each group receives over the project’s duration, while the % of Gross Revenue shows that same share as a slice of the overall revenue pie (e.g., 20%). To calculate these, divide a stakeholder's total payout by the project's gross revenue to determine the % of Gross Revenue; conversely, multiply the gross revenue by the agreed percentage for each stakeholder to get the Absolute $ Value | |||||||||||||||||||||||||
66 | Stakeholder | Absolute $ Value (USD) | % of Gross Revenue | |||||||||||||||||||||||
67 | Lifetime gross revenue | $173,878,038 | ||||||||||||||||||||||||
68 | Project shareholders | |||||||||||||||||||||||||
69 | Project operational costs | $35,095,548 | 20% | |||||||||||||||||||||||
70 | Government share/tax/other | $0 | 0% | |||||||||||||||||||||||
71 | Investor returns (if available) | $0 | 0% | |||||||||||||||||||||||
72 | Developer returns | $0 | 0% | |||||||||||||||||||||||
73 | Local communities/landowners | $138,782,490 | 80% | |||||||||||||||||||||||
74 | Other | $0 | 0% | |||||||||||||||||||||||
75 | Structural Check | OK | ||||||||||||||||||||||||
76 | ||||||||||||||||||||||||||
77 | E. Project Economics | |||||||||||||||||||||||||
78 | E1. Investor Economics | |||||||||||||||||||||||||
79 | The total capital needed for the project. It identifies the total dollar amount required and categorizes how those funds are sourced, such as through Debt, Equity, or Grants. | |||||||||||||||||||||||||
80 | ||||||||||||||||||||||||||
81 | Funding Component | Amount ($) | ||||||||||||||||||||||||
82 | Debt | |||||||||||||||||||||||||
83 | Equity | |||||||||||||||||||||||||
84 | Grant funding | |||||||||||||||||||||||||
85 | Other | |||||||||||||||||||||||||
86 | Total Funding Requirement | $0.0 | ||||||||||||||||||||||||
87 | ||||||||||||||||||||||||||
88 | Metric | Description | Value | |||||||||||||||||||||||
89 | Financier Cost per Ton (USD/tCO₂e) | The portion of project value per ton allocated to financiers in return for their capital (e.g. interest, investor returns, revenue share, or pre-purchase discount). | $16 | |||||||||||||||||||||||
90 | Weighted Average Cost per Ton (USD/tCO₂e) | The average total cost required to generate one ton of CO₂e across the project, calculated by averaging all project costs over the expected volume of credits produced. | $27.43 | |||||||||||||||||||||||
91 | Financier's Portion of Average Cost (%) | The share of the project’s weighted average cost per ton that is attributable to the financier. | 58.45% | |||||||||||||||||||||||
92 | ||||||||||||||||||||||||||
93 | E2. Developer Economics | |||||||||||||||||||||||||
94 | ||||||||||||||||||||||||||
95 | Metric | Description | Value | |||||||||||||||||||||||
96 | Project IRR (%) | The internal rate of return generated by the project based on unlevered project cash flows. Calculate this using the project’s operating cash flows minus investing cash flows (grants, debt or equity), excluding any financing cash flows such as loan drawdowns, interest payments, principal repayments, or investor distributions. | 12.00% | |||||||||||||||||||||||
97 | Net Cash Flows | USD | $174,892 | $156,302 | $175,771 | $231,251 | $81,818 | $107,594 | $251,592 | $119,220 | $3,319,398 | -$2,426,636 | $5,457,412 | -$2,426,636 | ||||||||||||
98 | Cumulative Cash Flow | USD | $174,892 | $331,194 | $506,965 | $738,216 | $820,034 | $927,628 | $1,179,220 | $1,298,440 | $4,617,838 | $2,191,201 | $7,648,613 | $5,221,977 | ||||||||||||
99 | ||||||||||||||||||||||||||
100 | End | |||||||||||||||||||||||||