- Per tonne:
- Labour β¦25,910 (Sf 2.70)
- Materials β¦74,990
- Capital β¦5,220
- Energy β¦250
- Surplus β¦7,300
Whole chain per tonne: 601 labour hours, 5,300 kWh.
Formula
A.C. = w0LhSf Labour β¦25,910 Shadow wage w0 β¦16 an hour Γ Lh 600 hours per tonne Γ skill factor Sf 2.70 Sf for trades: training β¦40,000 against β¦45,000, queue 36 hours against 48 + Ξ£ qiPirΞ»i Materials β¦74,990 Gold: 1 kg Γ $45,000,000/t Γ r 1.5 Γ border 1.01 Γ Ξ» 1.00 = β¦68,180 Silver: 10 kg Γ $450,000/t Γ r 1.5 Γ border 1.01 Γ Ξ» 1.00 = β¦6,818 + (D + Mo)Ξ±e Capital β¦5,220 Depreciation and maintenance β¦3,600 per tonne Γ financing 1.45 Γ waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy β¦250 E 5,000 kWh per tonne Γ pe β¦0.05 per kWh = β¦106,400
A.V. = rP*world Accounted value β¦113,700 per tonne World price $75,000 per tonne plus freight and insurance 1.03% = P* $75,750 Γ r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = β¦113,700
Revenue = A.V. Γ Q Accounted revenue β¦639 m p.a. Domestic: 5,620 t Γ β¦113,700 = β¦639 m = β¦639 m
Surplus = (A.V. β A.C.) Γ Q β levies Accounted surplus β¦41 m p.a. Revenue β¦639 m β cost β¦106,400 Γ 5,620 t = β¦40.7 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = β¦41 m
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