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Silver

Silver Raw material Metals
Production127 t p.a.
Exports0 mg
Value per tonne✦681,800
Revenue✦86.2 m
Value added✦86.1 m
Surplus✦52.9 m
  • Per tonne:
  • Labour ✦1,765 (Sf 2.76)
  • Materials ✦0
  • Capital ✦261,000
  • Energy ✦1,000
  • Surplus ✦418,000

Whole chain per tonne: 40 labour hours, 20,000 kWh.

Formula

A.C. = w0LhSf Labour ✦1,765 Shadow wage w0 ✦16 an hour Γ— Lh 40 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 ✦261,000 Depreciation and maintenance ✦180,000 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 ✦1,000 E 20,000 kWh per tonne Γ— pe ✦0.05 per kWh = ✦263,800

A.V. = rP*world Accounted value ✦681,800 per tonne World price $450,000 per tonne plus freight and insurance 1% = P* $454,500 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. = ✦681,800

Revenue = A.V. Γ— Q Accounted revenue ✦86.2 m p.a. Domestic: 127 t Γ— ✦681,800 = ✦86.2 m = ✦86.2 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦52.9 m p.a. Revenue ✦86.2 m βˆ’ cost ✦263,800 Γ— 127 t = ✦52.8 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦52.9 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made from per tonne

A raw material: no recipe inputs.

Used in p.a.