b) Loans c) Value of Assets d) Value of similar as the project e) Gross Income / total revenue from f) Net income/net g) Operating costs h) Financial costs i) Return on Assets j) Return on Equity k) Debt to Equity ratio l) EBITDA * Repeat as necessary for all partners Financial Checklist Table 3.2: Financial documentation checklist Included? Required Guidance Yes No Certified audited financial In cases where the applicant is newly instituted a) statements for last three (i.e., special purpose vehicle) and intends to seek years financial support from another company or sponsor, copies of certified Audited Financial Statements of that sponsor for the last three years (or latest three years prior to application) will be required. Memorandum of Where the project sponsor is another Company b) other than the applicant, a valid Memorandum of Understanding between the Applicant and the sponsor will be required, specifically to sponsor project construction. Copies of loan agreements Where source of financing is a loan, copies of loan c) agreements or offer letters from financial confirming commitment to provide such Project financial model Soft copy of project financial model showing the d) capital structure, cost of equity, cost of debt, weighted average cost of capital, the projected cash inflows and outflows over the lifetime of the project, computation of Internal Rate of Return (IRR) and Net Present Value (NPV). Proof of payment of the Payment of the application fee. e) fee
b) Loans c) Value of Assets d) Value of similar as the project e) Gross Income / total revenue from f) Net income/net g) Operating costs h) Financial costs i) Return on Assets j) Return on Equity k) Debt to Equity ratio l) EBITDA * Repeat as necessary for all partners Financial Checklist Table 3.2: Financial documentation checklist Required Guidance Included? Yes No a) Certified audited financial statements for last three years In cases where the applicant is newly instituted (i.e., special purpose vehicle) and intends to seek financial support from another company or sponsor, copies of certified Audited Financial Statements of that sponsor for the last three years (or latest three years prior to application) will be required. b) Memorandum of Where the project sponsor is another Company other than the applicant, a valid Memorandum of Understanding between the Applicant and the sponsor will be required, specifically to sponsor project construction. c) Copies of loan agreements Where source of financing is a loan, copies of loan agreements or offer letters from financial confirming commitment to provide such d) Project financial model Soft copy of project financial model showing the capital structure, cost of equity, cost of debt, weighted average cost of capital, the projected cash inflows and outflows over the lifetime of the project, computation of Internal Rate of Return (IRR) and Net Present Value (NPV). e) Proof of payment of the fee Payment of the application fee.
3.6%20License%20Application%20Form%20%281%29.docx