European Seafloor Observatories Implementation Model

WP4. Financial Model

This section provides an overview of the financial model developed to produce a ten year cashflow forecast for the CELTNET observatory including CAPEX (Capital Expenditure), OPEX (Operating Expenditure) and projected revenue.

The CELTNET financial model was prepared by Goodbody Corporate Finance to estimate the financing, construction and operation of the CELTNET cabled observatory as part of the ESONIM project. The primary function of the model is to estimate (given certain assumptions regarding capital costs, funding facilities and operation & maintenance costs) the level of revenue required to support the project. Financial models of this type are generally used by project sponsors or potential investors to determine if the financial returns are sufficient to offset the risks involved in investment. The model is also used to identify:

  • the project financing requirements;
  • cashflows available to service debt;
  • the amount of debt that can be serviced;
  • the level of equity or grant aid required;
  • any residual cashflows.

Finance Model
Final Financial Model Structure

A - Financing Structure
B - Financial Model Structure
C - Financial Model Inputs
D - Financial Model Outputs
E - Celtnet Financial Model

To view the ESONIM business model report please click here

To view the ESONIM financial model please click here