Page 14 - Demo

Funding required and application of funds
The business has capital requirements as follows:
Section
4
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In shareholder loans: R1,750,000 (fully subordinated, drawn down in full) Shareholder loans attracts a finance charge of 8.00% p.a., rolled up.
We anticipate that the loan will be paid in full in Q3 of 2023.
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Working capital: R2m
Long-term, structural capital: R2m In equity: R250,000
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First drawdown: R1m December 2020
Second drawdown: R1m Q2 of 2021
Facility will be serviced monthly for finance charges We anticipate repaying the facility in full in Q4 of 2024
0123456
Investor returns
Investment
Share capital Shareholders loan
Returns
Repayment of shareholder loan Coupons on loan
Equity stake
Net cash ROI
8.00%
25.00%
33.2%
FY 2020
-R250 000 -R1 750 000
R0 R35 234
FY 2021
R0
R0 R148 174
FY 2022
R0
R0 R160 472
FY 2023
R0
R2 179 043 R85 164
FY 2024
R0
R0 R0
FY 2025
R0
R0 R0
FY 2026
R0
R0
R0 R2 379 581
Total
-R250 000 -R1 750 000
R2 179 043 R429 043 R2 379 581
-R1 964 766
R148 174
R160 472
R2 264 206
R0
R0
R2 379 581
R2 987 667