Shipinvest4004

The leading ship finance software

www.nms2002.com

Norwegian Maritime Solutions John Colletts alle 117 0870 Oslo, Norway Tel: + 47 22 95 08 70 e-mail: erikst@online.no

Norwegian Maritime Solutions presents Shipinvest4004

Shipinvest4004 is a completely novel tool for analysis and appraisal of ship and rig investments

Norwegian Maritime Solutions presents Shipinvest4004

Shipinvest4004 comprises of three modules

FAST PROJECT STANDARD PROJECT
Equivalent to back-of-an-envelope calculation. Produces a calculation in 30 seconds Allows a tailormade input with a whole range of options: several loans, equity payments and dividends, type of loan, loan details etc

INVESTMENT ANALYZER

CORPORATE CONSOLIDATION

Calculating numbers for a range of vessel investments. This will show consolidated figures for cashflow, loan payments and other. To be used for corporate consolidation or individual consolidation for e.g. KS investors having various % equity in the ships

HISTORICAL ANALYSIS

User can specify his own timeseries for various ship types: TC rate, oper cost, NB cost, S/H values, scrap prices etc in order to calculate how good or bad certain investments have been on a historical basis. Also useful to compare statistical expectation of return in various segments

Norwegian Maritime Solutions presents Shipinvest4004

What is new in Shipinvest4004 ?

Shipinvest4004 is a completely novel program for investment analysis of shipping projects. The predecessor is Shipinvest2002 which has been on the market for many years and is used in more than 30 countries Shipinvest4004 includes the same functionality that has always been part of Shipinvest2002, but the screen images and the input structure is a whole lot fresher. Shipinvest4004 has also a number of enhancements particularly with regard to visual graphs and reporting facilities. Additionally Shipinvest4004 has added two completely new modules: Corporate Consolidation Allow the user to consolidate single ship investment projects to explore consolidation effects Historical analysis Users can add their own time series for different ship types where one can analyze the historical return on investments. This feature is useful to dtusy statistical expectations and variances in the sectors.

Norwegian Maritime Solutions presents Shipinvest4004

Fast Project all input on one screen Results in 30 seconds !

Norwegian Maritime Solutions presents Shipinvest4004

Annual cashflow

Norwegian Maritime Solutions presents Shipinvest4004

Monthly cashflow if you need it

Norwegian Maritime Solutions presents Shipinvest4004

Required TC rates to yield 12 % (*) IRREQ

(*) If 12 % is what the user has specified as target return

Norwegian Maritime Solutions presents Shipinvest4004

Internal Rate of Return as a function of Residual value

IRR Three numbers: IRR on TOTAL capital: Is the rate of return for the investment calculated as if the entire ship is purchased on a cash basis (i.e. no financing) IRR on EQUITY The rate of return based on the equity put into the project. This will often show the effect of gearing up the project. IRR on EQUITY modified This assumes that cash generated by the project is NOT taken out of the project but that proceeds are kept in a bankaccount where it earns the interest rate that is specified input. This method is a lot more sober than the standard IRREQ.

Norwegian Maritime Solutions presents Shipinvest4004

Value of vessel = Discounted value of operating results + expected residual value

Norwegian Maritime Solutions presents Shipinvest4004

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Bankers report: Bank net exposure in vessel

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Pro forma Balance sheet and P&L statements

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Visual presentation: Annual operating result

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Visual presentation: Required sales price

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Break even tc rates versus forecasted rates

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Visual presentation: NPV

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Visual presentation: Major Cost Items

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Visual presentation: Required TC rates for the 10 years period

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Visual presentation: Return on Capital employed

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Historical analysis: IRR for a Panmax BC

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Historical analysis: NPV for a panmax BC

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Historical analysis: 10 years old in % of NB price for a panmax BC

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Historical analysis: Payback period for a panmax BC

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Historical analysis: 12 months tc rate

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Historical analysis: Database for sales

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Corporate consolidation: Individual ship investments to be consolidated

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Corporate consolidation: Graphical results

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Corporate consolidation: Annual cashflows

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Corporate consolidation: Break down on the individual investments

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