PHASE 1 I-Panda SP or HPC Plus Battery Bank For Two hours Regular LoadPACKAGE COSTINGS

Home Mothtly Bill in Pesos 1,000 2,000 3,000 4,000Kwh Usage Per Month 111 222 333 444Kwh Usage Per Day 4 7 11 15Watts Usage Per Hr 185 370 556 741

Ave. Load per hr basis 20 Hrs Watts 185 370 556 741Inverter Capacity Wattage 350 500 1,000 1,500Inverter battery bank Volts 12 24 24 24Panel Watts/( Vmp x No. of Batt) W/41.0 V 0 0 0 0Mppt SCC Amperes 0 0 20 25Solar Panels (Voc 48.7, Imp 5.61) Watts 0 0 0 0Ah needed Ah 62 123 185 247Batteries Ah 80 160 200 320Installation* The following items are cables size and length add-ons to quoted price breakers pcs

racks sizes and numbermobilization pesosper diem pesos

Inverter Pesos 10,890 13,410 20,115 28,688Mppt SCC Pesos 0 0 0 0Solar Panels Pesos 0 0 0 0Batteries Pesos 3,600 7,200 12,200 14,400

Sub-Total 14,490 20,610 32,315 43,088

Installation* 3,623 5,153 8,079 10,772 The following items are cables pesos add-ons to quoted price breakers pesos

racks pesosmobilization pesosper diem pesos

Total Pesos 18,113 25,763 40,394 53,860

I-Panda SP or HPC Plus Battery Bank For Two hours Regular Load

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000556 1,111 1,667 2,222 2,778 3,333 3,889 4,444 5,000 5,556

19 37 56 74 93 111 130 148 167 185926 1,852 2,778 3,704 4,630 5,556 6,481 7,407 8,333 9,259

926 1,852 2,778 3,704 4,630 5,556 6,481 7,407 8,333 9,2592,000 3,000 4,000 4,000 5,000 10,000 10,000 15,000 15,000 20,000

48 48 48 48 48 96 96 192 192 1920 0 0 0 0 0 0 0 0 0

30 40 40 40 40 0 0 0 0 00 0 0 0 0 0 0 0 0 0

309 617 926 1,235 1,543 1,852 2,160 2,469 2,778 3,086320 600 1,000 1,200 1,600 1,800 2,200 2,400 2,800 3,000

37,170 46,508 64,430 64,430 87,682 219,060 219,060 251,100 251,100 310,0500 0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0 0

14,400 31,500 52,500 63,000 84,000 94,500 115,500 126,000 147,000 157,500

51,570 78,008 116,930 127,430 171,682 313,560 334,560 377,100 398,100 467,550

12,893 19,502 29,233 31,858 42,921 78,390 83,640 94,275 99,525 116,888

64,463 97,510 146,163 159,288 214,603 391,950 418,200 471,375 497,625 584,438

55,000 60,000 65,000 70,000 75,000 80,000 85,000 90,000 95,0006,111 6,667 7,222 7,778 8,333 8,889 9,444 10,000 10,556

204 222 241 259 278 296 315 333 35210,185 11,111 12,037 12,963 13,889 14,815 15,741 16,667 17,593

10,185 11,111 12,037 12,963 13,889 14,815 15,741 16,667 17,59320,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000

192 192 192 192 192 192 192 192 1920 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

3,395 3,704 4,012 4,321 4,630 4,938 5,247 5,556 5,8643,400 3,600 4,000 4,200 4,600 5,000 5,400 5,600 5,700

310,050 310,050 310,050 310,050 310,050 310,050 310,050 310,050 310,0500 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

178,500 189,000 210,000 220,500 241,500 262,500 283,500 294,000 304,500

488,550 499,050 520,050 530,550 551,550 572,550 593,550 604,050 614,550

122,138 124,763 130,013 132,638 137,888 143,138 148,388 151,013 153,638

610,688 623,813 650,063 663,188 689,438 715,688 741,938 755,063 768,188

100,00011,111

37018,519

18,51920,000

192000

6,1736,200

310,05000

325,500

635,550

158,888

794,438

PHASE 2

PACKAGE COSTINGSHome Mothtly BillPesos 1,000 2,000 3,000 4,000Kwh Usage Per Mo 111 222 333 444Kwh Usage Per Day 4 7 11 15Watts Usage Per Hr 185 370 556 741

Ave. Load per hr basis 20 Hrs Watts 185 370 556 741Inverter Capacity Wattage 350 500 1,000 1,500Inverter battery bank Volts 12 24 24 24Panel Watts/( Vmp x No. of Batt) W/41.0 V 6 6 10 13Mppt SCC Amperes 15 15 20 25Solar Panels (Voc 48.7, Imp 5.61) Watts 261 523 784 1046Ah needed (50% Dod) Ah 185 370 556 741Batteries 200 400 600 800Installation* The following items are cables size and length add-ons to quoted price breakers pcs

racks sizes and numbermobilization pesosper diem pesos

Inverter Pesos 0 0 0 0Mppt SCC Pesos 6570 6570 0 0Solar Panels Pesos 19608 39216 58824 78431Batteries Pesos 10500 21000 31500 42000

Sub-Total 36678 66786 90324 120431

Installation 25% 9169 16696 22581 30108 The following items are cables pesos add-ons to quoted price breakers pesos

racks pesosmobilization pesosper diem pesos

Total 45847 83482 112904 150539

* installation materials like cables, racks are not included in this costing and must be provided by costumer

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000556 1111 1667 2222 2778 3333 3889 4444 5000 5556

19 37 56 74 93 111 130 148 167 185926 1852 2778 3704 4630 5556 6481 7407 8333 9259

926 1852 2778 3704 4630 5556 6481 7407 8333 92592,000 3,000 4,000 4,000 5,000 10,000 10,000 15,000 15,000 20,000

48 48 48 48 48 96 96 192 192 1928 16 24 32 40 24 28 16 18 20

30 40 40 40 40 25 30 20 20 201307 2614 3922 5229 6536 7843 9150 10458 11765 13072

926 1852 2778 3704 4630 5556 6481 7407 8333 92591000 1800 2800 3600 4600 5600 6400 7400 8400 9200

0 0 0 0 0 0 0 0 0 00 0 0 0 0 8820 10350 7290 7290 7290

98039 196078 294118 392157 490196 588235 686275 784314 882353 98039252500 94500 147000 189000 241500 294000 336000 388500 441000 483000

150539 290578 441118 581157 731696 891055 1032625 1180104 1330643 1470682

37635 72645 110279 145289 182924 222764 258156 295026 332661 367671

188174 363223 551397 726446 914620 1113819 1290781 1475130 1663304 1838353

55,000 60,000 65,000 70,000 75,000 80,000 85,000 90,000 95,000 100,0006111 6667 7222 7778 8333 8889 9444 10000 10556 11111204 222 241 259 278 296 315 333 352 370

10185 11111 12037 12963 13889 14815 15741 16667 17593 18519

10185 11111 12037 12963 13889 14815 15741 16667 17593 1851920,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000

192 192 192 192 192 192 192 192 192 19222 24 26 28 30 32 34 36 38 4025 25 30 30 30 40 40 40 40 40

14379 15686 16993 18301 19608 20915 22222 23529 24837 2614410185 11111 12037 12963 13889 14815 15741 16667 17593 1851910200 11200 12000 13000 13800 14800 15800 16800 17600 18600

0 0 0 0 0 0 0 0 0 08820 8820 10350 10350 10350 11790 11790 11790 11790 11790

1078431 1176471 1274510 1372549 1470588 1568627 1666667 1764706 1862745 1960784535500 588000 630000 682500 724500 777000 829500 882000 924000 976500

1622751 1773291 1914860 2065399 2205438 2357417 2507957 2658496 2798535 2949074

405688 443323 478715 516350 551360 589354 626989 664624 699634 737269

2028439 2216613 2393575 2581749 2756798 2946772 3134946 3323120 3498169 3686343

PHASE 3

PACKAGE COSTINGSHome Mothtly BillPesos 1,000 2,000 3,000 4,000Kwh Usage Per Mo 111 222 333 444Kwh Usage Per Day 4 7 11 15Watts Usage Per Hr 185 370 556 741

Ave. Load per hr basis 20 Hrs Watts 185 370 556 741Inverter Capacity Wattage 350 500 1,000 1,500Inverter battery bank Volts 12 24 24 24Panel Watts/( Vmp x No. of Batt) W/41.0 V 6 6 10 13Mppt SCC Amperes 9 9 5 2Solar Panels (Voc 48.7, Imp 5.61) Watts 261 523 784 1046Ah needed (50% Dod) Ah 185 370 556 741Batteries 200 400 600 800Installation* The following items are cables size and length add-ons to quoted price breakers pcs

racks sizes and numbermobilization pesosper diem pesos

Inverter Pesos 0 0 0 0Mppt SCC Pesos 0 0 0 0Solar Panels Pesos 19608 39216 58824 78431Batteries Pesos 10500 21000 31500 42000

Sub-Total 30108 60216 90324 120431

Installation 25% 7527 15054 22581 30108 The following items are cables pesos add-ons to quoted price breakers pesos

racks pesosmobilization pesosper diem pesos

Total 37635 75270 112904 150539

* installation materials like cables, racks are not included in this costing and must be provided by costumer

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000556 1111 1667 2222 2778 3333 3889 4444 5000 5556

19 37 56 74 93 111 130 148 167 185926 1852 2778 3704 4630 5556 6481 7407 8333 9259

926 1852 2778 3704 4630 5556 6481 7407 8333 92592,000 3,000 4,000 4,000 5,000 10,000 10,000 15,000 15,000 20,000

48 48 48 48 48 96 96 192 192 1928 16 24 32 40 24 28 16 18 207 15 15 20 25 15 15 15 15 15

1307 2614 3922 5229 6536 7843 9150 10458 11765 13072926 1852 2778 3704 4630 5556 6481 7407 8333 9259

1000 1800 2800 3600 4600 5600 6400 7400 8400 9200

0 0 0 0 0 0 0 0 0 00 6570 6570 7290 8820 6570 6570 6570 6570 6570

98039 196078 294118 392157 490196 588235 686275 784314 882353 98039252500 94500 147000 189000 241500 294000 336000 388500 441000 483000

150539 297148 447688 588447 740516 888805 1028845 1179384 1329923 1469962

37635 74287 111922 147112 185129 222201 257211 294846 332481 367491

188174 371436 559610 735559 925645 1111007 1286056 1474230 1662404 1837453

55,000 60,000 65,000 70,000 75,000 80,000 85,000 90,000 95,000 100,0006111 6667 7222 7778 8333 8889 9444 10000 10556 11111204 222 241 259 278 296 315 333 352 370

10185 11111 12037 12963 13889 14815 15741 16667 17593 18519

10185 11111 12037 12963 13889 14815 15741 16667 17593 1851920,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000

192 192 192 192 192 192 192 192 192 19222 24 26 28 30 32 34 36 38 4015 15 15 15 15 20 20 25 25 25

14379 15686 16993 18301 19608 20915 22222 23529 24837 2614410185 11111 12037 12963 13889 14815 15741 16667 17593 1851910200 11200 12000 13000 13800 14800 15800 16800 17600 18600

0 0 0 0 0 0 0 0 0 06570 6570 6570 6570 6570 7290 7290 8820 8820 8820

1078431 1176471 1274510 1372549 1470588 1568627 1666667 1764706 1862745 1960784535500 588000 630000 682500 724500 777000 829500 882000 924000 976500

1620501 1771041 1911080 2061619 2201658 2352917 2503457 2655526 2795565 2946104

405125 442760 477770 515405 550415 588229 625864 663881 698891 736526

2025627 2213801 2388850 2577024 2752073 2941147 3129321 3319407 3494456 3682630

PHASE 4

PACKAGE COSTINGSHome Mothtly BillPesos 1,000 2,000 3,000 4,000Kwh Usage Per Mo 111 222 333 444Kwh Usage Per Day 4 7 11 15Watts Usage Per Hr 185 370 556 741

Ave. Load per hr basis 20 Hrs Watts 185 370 556 741Inverter Capacity Wattage 350 500 1,000 1,500Inverter battery bank Volts 12 24 24 24Panel Watts/( Vmp x No. of Batt) W/41.0 V 6 6 10 13Mppt SCC Amperes 0 0 15 15Solar Panels (Voc 48.7, Imp 5.61) Watts 261 523 784 1046Ah needed (50% Dod) Ah 185 370 556 741Batteries 200 400 600 800Installation* The following items are cables size and length add-ons to quoted price breakers pcs

racks sizes and numbermobilization pesosper diem pesos

Inverter Pesos 0 0 0 0Mppt SCC Pesos 0 0 6570 6570Solar Panels Pesos 19608 39216 58824 78431Batteries Pesos 10500 21000 31500 42000

Sub-Total 30108 60216 96894 127001

Installation 25% 7527 15054 24223 31750 The following items are cables pesos add-ons to quoted price breakers pesos

racks pesosmobilization pesosper diem pesos

Total 37635 75270 121117 158752

* installation materials like cables, racks are not included in this costing and must be provided by costumer

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000556 1111 1667 2222 2778 3333 3889 4444 5000 5556

19 37 56 74 93 111 130 148 167 185926 1852 2778 3704 4630 5556 6481 7407 8333 9259

926 1852 2778 3704 4630 5556 6481 7407 8333 92592,000 3,000 4,000 4,000 5,000 10,000 10,000 15,000 15,000 20,000

48 48 48 48 48 96 96 192 192 1928 16 24 32 40 24 28 16 18 20

15 15 25 30 40 25 30 20 20 201307 2614 3922 5229 6536 7843 9150 10458 11765 13072

926 1852 2778 3704 4630 5556 6481 7407 8333 92591000 1800 2800 3600 4600 5600 6400 7400 8400 9200

0 0 0 0 0 0 0 0 0 06570 6570 8820 10350 11790 8820 10350 7290 7290 7290

98039 196078 294118 392157 490196 588235 686275 784314 882353 98039252500 94500 147000 189000 241500 294000 336000 388500 441000 483000

157109 297148 449938 591507 743486 891055 1032625 1180104 1330643 1470682

39277 74287 112484 147877 185872 222764 258156 295026 332661 367671

196387 371436 562422 739384 929358 1113819 1290781 1475130 1663304 1838353

55,000 60,000 65,000 70,000 75,000 80,000 85,000 90,000 95,000 100,0006111 6667 7222 7778 8333 8889 9444 10000 10556 11111204 222 241 259 278 296 315 333 352 370

10185 11111 12037 12963 13889 14815 15741 16667 17593 18519

10185 11111 12037 12963 13889 14815 15741 16667 17593 1851920,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000

192 192 192 192 192 192 192 192 192 19222 24 26 28 30 32 34 36 38 4025 25 30 30 30 40 40 40 40 40

14379 15686 16993 18301 19608 20915 22222 23529 24837 2614410185 11111 12037 12963 13889 14815 15741 16667 17593 1851910200 11200 12000 13000 13800 14800 15800 16800 17600 18600

0 0 0 0 0 0 0 0 0 08820 8820 10350 10350 10350 11790 11790 11790 11790 11790

1078431 1176471 1274510 1372549 1470588 1568627 1666667 1764706 1862745 1960784535500 588000 630000 682500 724500 777000 829500 882000 924000 976500

1622751 1773291 1914860 2065399 2205438 2357417 2507957 2658496 2798535 2949074

405688 443323 478715 516350 551360 589354 626989 664624 699634 737269

2028439 2216613 2393575 2581749 2756798 2946772 3134946 3323120 3498169 3686343

PHASE 5

PACKAGE COSTINGSHome Mothtly BillPesos 1,000 2,000 3,000 4,000Kwh Usage Per Mo 111 222 333 444Kwh Usage Per Day 4 7 11 15Watts Usage Per Hr 185 370 556 741

Ave. Load per hr basis 20 Hrs Watts 185 370 556 741Inverter Capacity Wattage 350 500 1,000 1,500Inverter battery bank Volts 12 24 24 24Panel Watts/( Vmp x No. of Batt) W/41.0 V 6 6 10 13Mppt SCC Amperes 15 15 20 25Solar Panels (Voc 48.7, Imp 5.61) Watts 261 523 784 1046Ah needed (50% Dod) Ah 185 370 556 741Batteries 200 400 600 800Installation* The following items are cables size and length add-ons to quoted price breakers pcs

racks sizes and numbermobilization pesosper diem pesos

Inverter Pesos 0 0 0 0Mppt SCC Pesos 6570 6570 6570 6570Solar Panels Pesos 19608 39216 58824 78431Batteries Pesos 10500 21000 31500 42000

Sub-Total 36678 66786 96894 127001

Installation 25% 9169 16696 24223 31750 The following items are cables pesos add-ons to quoted price breakers pesos

racks pesosmobilization pesosper diem pesos

Total 45847 83482 121117 158752

* installation materials like cables, racks are not included in this costing and must be provided by costumer

5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000556 1111 1667 2222 2778 3333 3889 4444 5000 5556

19 37 56 74 93 111 130 148 167 185926 1852 2778 3704 4630 5556 6481 7407 8333 9259

926 1852 2778 3704 4630 5556 6481 7407 8333 92592,000 3,000 4,000 4,000 5,000 10,000 10,000 15,000 15,000 20,000

48 48 48 48 48 96 96 192 192 1928 16 24 32 40 24 28 16 18 20

30 40 40 40 40 25 30 20 20 201307 2614 3922 5229 6536 7843 9150 10458 11765 13072

926 1852 2778 3704 4630 5556 6481 7407 8333 92591000 1800 2800 3600 4600 5600 6400 7400 8400 9200

0 0 0 0 0 0 0 0 0 06570 6570 8820 11790 11790 8820 10350 7290 7290 7290

98039 196078 294118 392157 490196 588235 686275 784314 882353 98039252500 94500 147000 189000 241500 294000 336000 388500 441000 483000

157109 297148 449938 592947 743486 891055 1032625 1180104 1330643 1470682

39277 74287 112484 148237 185872 222764 258156 295026 332661 367671

196387 371436 562422 741184 929358 1113819 1290781 1475130 1663304 1838353

55,000 60,000 65,000 70,000 75,000 80,000 85,000 90,000 95,000 100,0006111 6667 7222 7778 8333 8889 9444 10000 10556 11111204 222 241 259 278 296 315 333 352 370

10185 11111 12037 12963 13889 14815 15741 16667 17593 18519

10185 11111 12037 12963 13889 14815 15741 16667 17593 1851920,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000

192 192 192 192 192 192 192 192 192 19222 24 26 28 30 32 34 36 38 4025 25 30 30 30 40 40 40 40 40

14379 15686 16993 18301 19608 20915 22222 23529 24837 2614410185 11111 12037 12963 13889 14815 15741 16667 17593 1851910200 11200 12000 13000 13800 14800 15800 16800 17600 18600

0 0 0 0 0 0 0 0 0 08820 8820 10350 10350 10350 11790 11790 11790 11790 11790

1078431 1176471 1274510 1372549 1470588 1568627 1666667 1764706 1862745 1960784535500 588000 630000 682500 724500 777000 829500 882000 924000 976500

1622751 1773291 1914860 2065399 2205438 2357417 2507957 2658496 2798535 2949074

405688 443323 478715 516350 551360 589354 626989 664624 699634 737269

2028439 2216613 2393575 2581749 2756798 2946772 3134946 3323120 3498169 3686343

FINANCIAL EVALUATION OF I-PANDA SOLAR POWER INVESTMENT PROGRAM

I-PANDA INVESTMENT PROGRAM

Monthly Electric Bill Pesos 1,000 2,000 3,000

Phase I Investment Pesos 18,113 25,763 40,394

Phase II Investment Pesos 45,847 83,482 112,904

Phase III Investment Pesos 37,635 75,270 112,904

Phase IV Investment Pesos 37,635 75,270 121,117

Phase V Investment Pesos 45,847 83,482 121,117

Total Investment Pesos 186,077 345,266 511,436

STATUS QUO: PAYING MERALCO/DU FOR THE NEXT 25 YEARS AT FIXED ELECTRICITY PRICES FOR 25 YEARS

Expectedkwh Price*

1st 5 yrs 10 60,000 120,000 180,0002nd 10 60,000 120,000 180,0003rd 10 60,000 120,000 180,0004th 10 60,000 120,000 180,0005th 10 60,000 120,000 180,000Total Electric Bill for 25 years 300,000 600,000 900,000

Ratio of I-Panda Investment /Status Quo 0.62 0.58 0.57

* Prices of basic items double every 5 years. But to satisfy the curiousity of those who may question this observed long term inflation in prices, let us just compute based on a fixed price of electricity over 25 years at P10/kwh.

STATUS QUO: PAYING MERALCO/DU FOR THE NEXT 25 YEARS AT 50% INFLATION OF ELECTRICITY PRICES EVERY 5 YEARS FOR 25 YEARS

Expectedkwh Price*

1st 5 yrs 10 60,000 120,000 180,0002nd 15 90,000 180,000 270,0003rd 22 132,000 264,000 396,0004th 34 204,000 408,000 612,0005th 51 306,000 612,000 918,000Total Electric Bill for 25 years 792,000 1,584,000 2,376,000

Ratio of I-Panda Investment /Status Quo 0.23 0.22 0.22

* Prices of basic items double every 5 years. But to satisfy the curiousity of those who may question this observed long term inflation in prices,

let us just compute based on a growth rate of 50% every 5 years for the price of electricity over 25 years.

FINANCIAL EVALUATION OF I-PANDA SOLAR POWER INVESTMENT PROGRAM

I-PANDA INVESTMENT PROGRAM

4,000 5,000 10,000 15,000 20,000 25,000

53,860 64,463 97,510 146,163 159,288 214,603

150,539 188,174 363,223 551,397 726,446 914,620

150,539 188,174 371,436 559,610 735,559 925,645

158,752 196,387 371,436 562,422 739,384 929,358

158,752 196,387 371,436 562,422 741,184 929,358

676,442 838,584 1,585,040 2,397,013 3,121,859 3,938,583

STATUS QUO: PAYING MERALCO/DU FOR THE NEXT 25 YEARS AT FIXED ELECTRICITY PRICES FOR 25 YEARS

240,000 300,000 600,000 900,000 1,200,000 1,500,000240,000 300,000 600,000 900,000 1,200,000 1,500,000240,000 300,000 600,000 900,000 1,200,000 1,500,000240,000 300,000 600,000 900,000 1,200,000 1,500,000240,000 300,000 600,000 900,000 1,200,000 1,500,000

1,200,000 1,500,000 3,000,000 4,500,000 6,000,000 7,500,000

0.56 0.56 0.53 0.53 0.52 0.53

* Prices of basic items double every 5 years. But to satisfy the curiousity of those who may question this observed long term inflation in prices,

STATUS QUO: PAYING MERALCO/DU FOR THE NEXT 25 YEARS AT 50% INFLATION OF ELECTRICITY PRICES EVERY 5 YEARS FOR 25 YEARS

240,000 300,000 600,000 900,000 1,200,000 1,500,000360,000 450,000 900,000 1,350,000 1,800,000 2,250,000528,000 660,000 1,320,000 1,980,000 2,640,000 3,300,000816,000 1,020,000 2,040,000 3,060,000 4,080,000 5,100,000

1,224,000 1,530,000 3,060,000 4,590,000 6,120,000 7,650,0003,168,000 3,960,000 7,920,000 11,880,000 15,840,000 19,800,000

0.21 0.21 0.20 0.20 0.20 0.20

* Prices of basic items double every 5 years. But to satisfy the curiousity of those who may question this observed long term inflation in prices,

let us just compute based on a growth rate of 50% every 5 years for the price of electricity over 25 years.

FINANCIAL EVALUATION OF I-PANDA SOLAR POWER INVESTMENT PROGRAM

30,000 35,000 40,000 45,000 50,000 55,000

391,950 418,200 471,375 497,625 584,438 610,688

1,113,819 1,290,781 1,475,130 1,663,304 1,838,353 2,028,439

1,111,007 1,286,056 1,474,230 1,662,404 1,837,453 2,025,627

1,113,819 1,290,781 1,475,130 1,663,304 1,838,353 2,028,439

1,113,819 1,290,781 1,475,130 1,663,304 1,838,353 2,028,439

4,874,414 5,611,598 6,410,994 7,194,940 7,986,948 8,776,632

1,800,000 2,100,000 2,400,000 2,700,000 3,000,000 3,300,0001,800,000 2,100,000 2,400,000 2,700,000 3,000,000 3,300,0001,800,000 2,100,000 2,400,000 2,700,000 3,000,000 3,300,0001,800,000 2,100,000 2,400,000 2,700,000 3,000,000 3,300,0001,800,000 2,100,000 2,400,000 2,700,000 3,000,000 3,300,0009,000,000 10,500,000 12,000,000 13,500,000 15,000,000 16,500,000

0.54 0.53 0.53 0.53 0.53 0.53

1,800,000 2,100,000 2,400,000 2,700,000 3,000,000 3,300,0002,700,000 3,150,000 3,600,000 4,050,000 4,500,000 4,950,0003,960,000 4,620,000 5,280,000 5,940,000 6,600,000 7,260,0006,120,000 7,140,000 8,160,000 9,180,000 10,200,000 11,220,0009,180,000 10,710,000 12,240,000 13,770,000 15,300,000 16,830,000

23,760,000 27,720,000 31,680,000 35,640,000 39,600,000 43,560,000

0.21 0.20 0.20 0.20 0.20 0.20

60,000 65,000 70,000 75,000 80,000 85,000

623,813 650,063 663,188 689,438 715,688 741,938

2,216,613 2,393,575 2,581,749 2,756,798 2,946,772 3,134,946

2,213,801 2,388,850 2,577,024 2,752,073 2,941,147 3,129,321

2,216,613 2,393,575 2,581,749 2,756,798 2,946,772 3,134,946

2,216,613 2,393,575 2,581,749 2,756,798 2,946,772 3,134,946

9,547,453 10,284,637 11,055,458 11,786,904 12,577,150 13,361,096

3,600,000 3,900,000 4,200,000 4,500,000 4,800,000 5,100,0003,600,000 3,900,000 4,200,000 4,500,000 4,800,000 5,100,0003,600,000 3,900,000 4,200,000 4,500,000 4,800,000 5,100,0003,600,000 3,900,000 4,200,000 4,500,000 4,800,000 5,100,0003,600,000 3,900,000 4,200,000 4,500,000 4,800,000 5,100,000

18,000,000 19,500,000 21,000,000 22,500,000 24,000,000 25,500,000

0.53 0.53 0.53 0.52 0.52 0.52

3,600,000 3,900,000 4,200,000 4,500,000 4,800,000 5,100,0005,400,000 5,850,000 6,300,000 6,750,000 7,200,000 7,650,0007,920,000 8,580,000 9,240,000 9,900,000 10,560,000 11,220,000

12,240,000 13,260,000 14,280,000 15,300,000 16,320,000 17,340,00018,360,000 19,890,000 21,420,000 22,950,000 24,480,000 26,010,00047,520,000 51,480,000 55,440,000 59,400,000 63,360,000 67,320,000

0.20 0.20 0.20 0.20 0.20 0.20

90,000 95,000 100,000

755,063 768,188 794,438

3,323,120 3,498,169 3,686,343

3,319,407 3,494,456 3,682,630

3,323,120 3,498,169 3,686,343

3,323,120 3,498,169 3,686,343

14,133,829 14,852,150 15,636,097

5,400,000 5,700,000 6,000,0005,400,000 5,700,000 6,000,0005,400,000 5,700,000 6,000,0005,400,000 5,700,000 6,000,0005,400,000 5,700,000 6,000,000

27,000,000 28,500,000 30,000,000

0.52 0.52 0.52

5,400,000 5,700,000 6,000,0008,100,000 8,550,000 9,000,000

11,880,000 12,540,000 13,200,00018,360,000 19,380,000 20,400,00027,540,000 29,070,000 30,600,00071,280,000 75,240,000 79,200,000

0.20 0.20 0.20

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