 |
 |
Technical Assumptions
|
Item |
Broodstock |
Hatchery |
Nursery |
|
Target production/year |
|
1,200,000 fry |
0.3 M fingerlings |
|
Project duration (years) |
5 |
5 |
5 |
|
Days of culture/crop |
|
15 |
60 |
|
Number of runs/year |
12 months |
10 |
5 |
|
Number of tank or pond |
4 ponds |
12 tanks |
|
|
Size of tank or pond |
100 m2 pond |
1 ton tank |
100 m2 pond/cage |
|
Age of fish (days) |
180 |
4 |
15 |
|
Number of fish/run |
20
males, |
120,000 |
120,000 |
|
Feeding rate (% body weight) |
3 |
50 |
20, 15, 10 |
|
Cost of diet (P/kg) |
30 |
30 |
30 |
|
Stocking density |
0.5 (F)- |
100/liter |
100 |
|
Survival rate (%) |
0 –
males, |
25 |
50 |
|
Item
|
Broodstock & Hatchery
|
Nursery |
|
|
Pond |
Lake |
||
|
Total investment cost |
150,800 |
P 52,000 |
61,000 |
|
Depreciation cost per year |
16,810 |
13,500 |
1,100 |
|
Depreciation cost per run |
1,681 |
2,700 |
220 |
|
Salvage value after 5 years |
66,750 |
13,750 |
14,750 |
|
Reinvestment every 2 years |
|
19,500 |
26,500 |
|
Item |
Broodstock &
|
Nursery |
|
|
Pond |
Lake |
||
|
Revenue |
|
|
|
|
Sale of fry/fish |
P 480,000 |
120,000 |
120,000 |
|
Cost per run |
|
|
|
|
Total Variable Cost |
8,560 |
68,976 |
68,515 |
|
Total Fixed Cost |
15,204 |
18,223 |
15,670 |
|
Total Cost |
23,764 |
87,199 |
70,115 |
|
Economic indicators |
|
|
|
|
Income per run (P) |
24,236 |
|
|
|
Income per year (P) |
239,667 |
164,004 |
249,424 |
|
Return of investment (%) |
159 |
37 |
71 |
|
Payback period (years) |
0.59 |
0.29 |
0.24 |
|
Break-even price (P) |
0.2 |
1.45 |
1.17 |
|
Break-even production (pc) |
600,832 |
43,600 |
35,058 |
|
Total capital investment required |
167,919 |
189,952 |
198,030 |
|
Item |
Broodstock & Hatchery
|
Nursery |
|
|
Pond |
Lake |
||
|
Project duration |
5 years |
|
|
|
Gross revenue |
2,466,750 |
3,013,750 |
3,014,750 |
|
Investment costs |
150,600 |
91,000 |
114,000 |
|
Total costs |
1,201,664 |
435,996 |
350,576 |
|
Net income |
1,114,285 |
2,590,754 |
2,550,174 |
|
Net present value at 12% |
670,555 |
1,586,068 |
1,624,571 |
|
Internal rate of return (%) |
158 |
983 |
865 |
|
Discounted benefit cost ratio (%) |
5.98 |
49 |
31 |
© 2008 SEAFDEC Aquaculture Department
NOTE TO THE MEDIA: Materials in this site may be freely quoted as long as acknowledgment to
SEAFDEC / AQD is made and a copy of the article where the AQD material appeared is sent to
aqdchief@seafdec.org.ph or to any of our contact addresses.