Parameter

Unit

Quantity

Unit price in F CFA

Amount in F CFA

Variable costs

Fry

108,000

15

1,620,000

Feed required

Kg/2 cycles

7560

450

3,402,000

Hormones (mg)/cycle (fixed price)

mg/2 cycles

140

200,000

Alcohol (ml)/cycle (fixed price)

ml/2 cycles

480

6000

Subtotal

5,228,000

Fixed costs

Purchase of solar panels

FCFA

2

75,750

151,500

Maintenance of solar panels (fixed price)

FCFA/2 cycles

2

10,000

20,000

Depreciation of solar panels/10 years

F CFA/an

15,150

Maintenance of production tanks (lump sum)

100,000

Purchase of small equipment (lump sum)

FCFA

200,000

Depreciation of small equipment/5 years

F CFA/an

40,000

Labour (MOD)

FCFA/2 cycles

15

600,000

9,000,000

Subtotal fixed costs

9,526,650

Production cost per kg of fish

F CFA/2 cycles

610

Other costs

Marketing costs (packaging, local sales)

FCFA/2 cycles

2419

100

241,875

Marketing tax (flat rate)

FCFA/2 cycles

30,000

Communication expenses (flat rate)

FCFA/2 cycles

10,000

Subtotal other expenses

281,875

Total operating costs

15,036,525

Cost per kg of fish

F CFA/2 cycles

622

Operating income

Sales of fry

F CFA/2 cycles

77,400

100

7,740,000

Sales of fish

F CFA/2 cycles

24187.5

1500

36,281,250

Residual value (depreciation of solar panels & depreciation of small equipment)

F CFA/2 cycles

296,350

Total operating income

F CFA/2 cycles

44,317,600

Operating profit

Net profit

F CFA/2 cycles

29,281,075

Margin on variable costs

F CFA/2 cycles

38,793,250

Break-even point

F CFA/2 cycles

10,810,516

Rate of return

FCFA/2 cycles

66.5%