Operational Financial Model for Lafco

Abstract

The purpose of this document is to explain the financial projections developed to ascertain the project viability 'I'h(~ 1-in ncial projections provided, in this Operational Financial Model (O E'H ), and any accompanying mater' a l (toge her the "fi na ncial projections") of Lafco (Private ) Limited (hereinafter referred to as the "project company") , have been prepared for the Lahore-Sei khupuraFaLs alabad Dual Ca rriageway Project (hereinafter r e ferred to a s t he "project"). The 0 iginal Financial Model was prepared at the time of in i l_i, tj ng t he P'l::o j ect; howeve r before the commencement of ( lhc const ruction due to certain cost escalations , it was decided to revise the financia l model Lo accommoda te l.he new c i r cumstances. Accordingly, this document serves as a long term budget for the remaining concession period a nd shal l al so facjlitate i t s stakeholders and thi rd pa r Lies in making any relevant decision. However, the 1 s ue of Financial Projections shall not be taken as any Corm of comm' t ment on the part of the proj ect comp,Jny to ptO eed wjth any transaction.