Energy Finance Americas ( Sfs Ef ) - 1621 Words

SFS Energy Finance Americas (SFS EF AM) requests the approval to commit up to CA$50.0 million (US$37.6 million) to Tems Sayamkwu LP’s (TSLP) CA$198 million (approximately US$149 million) fixed rate Construction/Term Loan (the â€Å"Term Loan†). The initial tenor of the Term Loan is seven years (initial maturity date: Nov. 2025) with about CA$176.5 million or 89% of balloon requiring refinancing. The debt financing also includes a CA$13 million line of credit facility and SFS EF AM will not participate in the LC facility. TSLP will construct, own, and operate three separate, run-of-river hydroelectric generating stations (â€Å"Narrow Inlet† or the â€Å"Project†). These three power stations are Chickwat Creek, Ramona Lake and Ramona Creek. All of the†¦show more content†¦Altaqua Renewable Power Corp (10.6%) is a private company headquartered in British Columbia, Canada. Altaqua was the original developer of this project prior to May 2015 when BluEarth acquired a majority ownership. Tsain-ko Blue Run of River Limited Partnership (â€Å"shà ­shà ¡lh Nation†) (11.4%) is a First Nations band located in British Columbia, Canada. The Project is located within shà ­shà ¡lh Nation territory. BER’s subsidiary, BlueEarth Asset Management, Inc. (â€Å"BEAM†), will operate the plant pursuant to a long-term operating maintenance agreement (the â€Å"OMA†). BEAM has over 20 years of experience in the renewable plant operations, including about 25 MW run-of-river and 9 MW of lake storage facility. The turbines will be supplied by Global Hydro, an Austrian company. The Pelton technology has been in use since 1870 to extract energy from moving water. Pelton turbines are mainly used for relatively low quantities of water. Jim Dent Construction Ltd. (JDC) (NR) is the Prime Contractor for the Project. Murphy Project Management Services Inc. (MRMS or the â€Å"Construction Manager†) (NR), under a construction management contract, is responsible for management of work being performed by multiple sub-contractors under individual fixed price, date certain contracts. Please refer to the table on page 4 for a list of contractors and the individual scope of work. The Project will sell the energyShow MoreRelatedNew Term Loan Of Calpine Steamboat Holdings Essay1346 Words   |  6 PagesSFS Energy Finance Americas (â€Å"SFS EF AM†) requests the approval to commit up to $100 million to the proposed refinancing of the existing Term Loan of Calpine Steamboat Holdings, LLC (â€Å"Steamboat† or the â€Å"Borrower†). The Borrower plans to raise about $465.0 million in the new Term Loan (the â€Å"Term Loan†) to repay about $195.0 million of the remaining senior-secured term loan as well as partially reimburse Calpine Corporation (â€Å"Calpine†) (B+/Ba3/B+; SFS Equivalent 7+) for the acquisition related costs

Has Music Changed Free Essays

Over the last century, do you think music has changed from being about artistic expression to being more about money and business? Who owns the record companies and is there any room for indy’s? Yes music has definitely changed, the music industry is a big money making business. Throughout the last century the idea of music has changed for both the listener as well as the artist. In many cases, music is not recognized as an expression of art, but rather music has become a multi-billion dollar industry that is centered on the life style of the rich and famous. We will write a custom essay sample on Has Music Changed or any similar topic only for you Order Now No longer is the expression of music appreciated for how the artist arranges the sounds of music to produce a continuous and orderly composition through melody, harmony and timbre. But rather, within the last century music has become a means of advertisement, promoter of violence and an exploiter of sex drugs and alcohol. In other words, music has become a business adventure for the music artist. It is interesting that the music business focused on sales and marketing like other major corporations.In other words, within the last century the idea music is finding the right artist not much for their talent, but who would most likely produce the most record sales and who can fit the role of today’s music icons. Not only that, the music industry which is controlled by six Jewish companies who control 96% of the world’s media. Warner Music is by far the world’s largest record company, with 50 labels, the biggest of which is Warner Brother Records. How to cite Has Music Changed, Papers

Financial Analysis Statement An Introduction to Concepts

Question: Answer: Income Statement:- In the books of BreathScreen Inc. Income Statement:- for the year ended on 31st December,2013 Particulars Amount Amount ($) Sales Revenue 23,000,000 Other Operating Revenue - Total Revenue 23,000,000 Cost of Goods Sold (8,100,000) Gross Profit 14,900,000 License Fees (3,000,000) - Less: Prepaid Fees (250,000) (2,750,000) Salaries (3,700,000) Manufacturing Overhead Expenses (2,000,000) Advertisement (2,000,000) Depreciation on Machinery (3,000,000) Amortization on Trademark (600,000) Net Operating Income 850,000 Interest Received 200,000 Revaluation Surplus 4,600,000 Earnings before Interest Taxes 5,650,000 Finance Cost (300,000) Profit Before Income Tax 5,350,000 Income Tax Expenses @ 17% (909,500) Net Profit for the Period 4,440,500 Balance Sheet:- In the books of BreathScreen Inc. Balance Sheet:- for the year ended on 31st December,2013 Particulars Amount Amount Current Asset: Accounts Receivable 9,600,000 Cash in Hand 18,690,500 Closing Stock 900,000 Prepaid Expenses 250,000 Total Current Assets 29,440,500 Fixed Non-Current Assets:- Machinery 13,500,000 Add: Installation Cost 1,500,000 15,000,000 Less: Accumulated Depreciation (3,000,000) 12,000,000 Trademark 10,000,000 Technology 2,000,000 Total Fixed Non-Current Assets 24000000 TOTAL ASSETS 53,440,500 Current Liabilities: Accounts Payable 3,000,000 Total Current Liabilities 3,000,000 Non-Current Liabilities:- Loan from Bank 6,000,000 Total Current Liabilities 6,000,000 TOTAL LIABILITIES 9,000,000 Equity Capital: Share Capital 40,000,000 Retained Earnings - Add: Net Profit After Tax 4,440,500 4,440,500 Total Equity Capital 44,440,500 TOTAL EQUITY LIABILITIES 53,440,500.00 Cash Flow Statement under Indirect Method:- In the books of BreathScreen Inc. Cash Flow Statement:- for the year ended on 31st December,2013 Particulars Amount Amount Cash Flow from Operating Activities:- Net Operating income 850,000 Less : Tax Expenses (909,500) Net Operating Loss After Tax (59,500) Add: Depreciation Amortization: Depreciation on Machinery 3,000,000 Amortization of Trademark 600,000 3,600,000 Add: Increase in Current Liabilities: Increase in Accounts Payable 3000000 3000000 Less: Increase in Current Assets: Increase in Accounts Receivable (9,600,000) Increase in Closing Stock (900,000) Increase in Prepaid Expenses (250,000) (10,750,000) Net Cash Outflow from Operating Activities (4,209,500) Cash Flow from Financing Activities:- Issue of Share Capital in Cash 34,000,000 Loan from Capital 6,000,000 Finance Cost (300,000) Interest Received on Bank Account 200,000 Net Cash Inflow from Financing Activities 39,900,000 Cash Flow from Investment Activities:- Purchase of Machinery (13,500,000) Installation of Machinery (1,500,000) Purchase of Technology (2,000,000) Net Cash Inflow from Financing Activities (17,000,000) Net Cash Increase/(Decrease) for the Year 18,690,500 Add : Opening Cash Balance 0 Closing Cash Balance 18,690,500 Bibliography:- Christensen, T. E., Baker, R. E., Cottrell, D. M. (2014).Advanced Financial Accounting. The McGraw-Hill Companies, Inc Deegan, C. (2013).Financial accounting theory. McGraw-Hill Education Australia Horngren, C., Harrison, W., Oliver, S., Best, P., Fraser, D., Tan, R. (2012).Financial Accounting. Pearson Higher Education AU Weil, R. L., Schipper, K., Francis, J. (2013).Financial accounting: an introduction to concepts, methods and uses. Cengage Learning