B C D E G H Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Inflows SK SK $K SK $K SK Revenue 4,500,000 4770000.00 5059200.00 5368512.00 5699938.72 Outflows SK SK $k SK $k nvestment 8,000,000 0 0 Personnel Costs 0 500000 530000.00 562920.00 598561.00 636010.00 Software and 0 100000 106000.00 112584.00 119712.00 127202.0 Equipment costs 9 Infrastructure costs 0 60 65.40 71.29 77.70 84.69 Marketing and 0 45 49.05 53.46 58.28 53.52 10 adevertsing costs App administration 10 10.90 11.88 12.95 14.12 11 costs Legal and accounting 0 15 16.35 17.87 19.43 21.17 12 costs 13 TOTAL 800000 600130 636141.70 675658.45 718441.35 763395.51 14 NET CASH FLOW 8000000 3899870 4133858.30 4383541.55 4650070.65 4936543.21 TOTAL TOTAL NET CASH FLOW (Total YEAR INFLOWS($K) OUTFLOWS($K) inflows-Total Outflows) 15 16 0 0 5000 5000 17 1 680 450 230 18 2 795.60 490.50 305.10 19 3 930.85 534.65 396.21 20 4 1089.10 582.76 506.3 21 5 1274.24 35.21 639.03 22 23 TOTAL TOTAL NET CASH FLOW CUMILATIVE CASH YEAR (Total 24 INFLOWS($K) OUTFLOWS($K) inflows-Total Outflows) INFLOW( $k) 25 0 0 5000 5000 5000 26 680 450 230 4770.00 27 795.60 190.50 305.10 4464.90 28 3 930.85 34.65 396.2: 4068.69 29 1089.10 82.76 506.33 3562.36 30 5 1274.24 635.21 639.03 2923.33 31 NET CASH DISCOUNT YEAR 33 FLOW($K) FACTOR(10%) PRESENT VALUE($K) Discounted cash flow 34 500 5000.00 5000 35 230 0.91 209.30 4790.70 36 W N I 305.1 0.83 253.23 4537.47 396.21 0.75 297.16 4240.31 38 506.3 0.68 344.30 3896.01 39 639.03 0.62 396.20 3499.81 40 3499.81