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Phosphate Rock

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Factbook F-243161
Phosphate Rock Raw material Chemicals imported
Production421,500 t p.a.
Exports0 mg
Value per tonne✦129
Revenue✦54.1 m
Value added✦53.5 m
Surplus✦37.1 m
  • Per tonne:
  • Labour ✦1.32 (Sf 2.76)
  • Materials ✦0
  • Capital ✦37.7
  • Energy ✦1.5
  • Surplus ✦88

Whole chain per tonne: 0.03 labour hours, 30 kWh.

Formula

A.C. = w0LhSf Labour ✦1.32 Shadow wage w0 ✦16 an hour Γ— Lh 0.03 hours per tonne Γ— skill factor Sf 2.76 Sf for energy: training ✦60,000 against ✦45,000, queue 30 hours against 48 + Ξ£ qiPirΞ»i Materials ✦0 A raw material, with no recipe inputs. + (D + Mo)Ξ±e Capital ✦37.7 Depreciation and maintenance ✦26 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 ✦1.5 E 30 kWh per tonne Γ— pe ✦0.05 per kWh = ✦40.5

A.V. = rP*world Accounted value ✦129 per tonne World price $65 per tonne plus freight and insurance 31.8% = P* $85.7 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. = ✦129

Revenue = A.V. Γ— Q Accounted revenue ✦54.1 m p.a. Domestic: 421,500 t Γ— ✦129 = ✦54.2 m = ✦54.1 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦37.1 m p.a. Revenue ✦54.1 m βˆ’ cost ✦40.5 Γ— 421,500 t = ✦37.1 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦37.1 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Output

Fertiliser ✦48.8 m Final domestic use ✦5.42 m

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.

  • Phosphate Rock imported421,500 t✦54.1 m100%
  • Final domestic use 42,150 t ✦5.42 m 10%