1.

Calculation of biodiesel cost based on monthly productionin of Biodiesel in Kigali Processing two batches of palm per shift, based on IRST pilot project in Kigali laboratory ITEMS Quantity Unit price Amount Amount VARIABLE COSTS (Rwf) /per batch /2 batches Rwf Rwf. Palm oil (kg) 920.0 687.5 632,500.0 1,265,000.0 Sulphiric acid (kg) 7.0 174.0 1,218.0 2,436.0 Methanol 1rst intake(kg)(- 50kg recovery) 100.0 539.0 53,900.0 107,800.0 Methanol 2nd intake (kg) 40.0 539.0 21,560.0 43,120.0 Potassium methylate (kg) 35.0 1,574.0 55,090.0 110,180.0 Cleaning agent ACA90 (kg) 2.0 1,440.0 2,880.0 5,760.0 Ionol additives (kg) 3.0 4,644.0 13,932.0 27,864.0 Shipping and insurance (kg) 187.0 177.4 33,173.8 66,347.6 Electricity (KWh) 350.0 132.0 46,200.0 92,400.0 Direct labour ( No. of persons)) 2.0 18,300.0 36,600.0 73,200.0 Casual labourer (No. of persons) 2.0 1,000.0 2,000.0 4,000.0 Sub-total variable costs 899,054 1,798,108 FIXED COSTS Depreciation expenses Insurance Sub total Fixed costs OVERHEAD EXPENSES Telephone, fax and email expenses Travel and mission allowance Office supplies General transport expenses Factory maintenance Sub total Overheads Total monthly cost of production Total biodiesel produced(KG) 1,564.0 Total biodiesel production(l)) 1,808.1 Production cost(Rwf/l) Total biodiesel production(l) Biodiesel production cost (Rwf/l) Biodiesel Marketing cost (Rwf/l) Unit Cost including marketing (Rwf/l) Profit margin (Rwf/l) Biodiesel selling price (Rwf/l) NOTES ON BASE COST 1. Working period: 24 days /months, 4 sundays holidays, 2 maintenance days 2.Methanol recovery:50 kg per batch 3.Imported chemicals only 4.Conversion: 1.kg of biodiesl = 1.138 liters of biodiesel 1,808.1

5.Shift timing: 2 shifts of 12 hours per day. 6.Operating team: One processing operator and one assistant per shift 7.Building costs .Rwf.300,000,000 8. Equipment costs: Rwfr.137,000,000 10. Two batches of 920 kg of palm oil processed. 11. Marketing cost:5% of production cost 12.Profit margin: 15% of production cost

odiesel in Kigali i laboratory Amount per month Rwf 30,360,000 58,464 2,587,200 1,034,880 2,644,320 138,240 668,736 1,592,342 2,217,600 800,000 96,000 43,154,582 728,333 0 728,333 200,000 150,000 50,000 50,000 300,000 750,000 44,632,916 47,010 949 47,010 949 10 959 80 1,039