2009年甘肃省靖远县良种奶牛繁育场建设项目可行性研究报告 (2)

核准通过，归档资料。未经允许，请勿外传目录第一章项目摘要111项目概况112可行性研究依据213主要经济指标4第二章项目建设的必要性和可行性521项目建设背景522项目建设的必要性8第三章市场供求分析及预测1131产品市场供应现状与前景分析1132产品市场需求与预测1433产品目标市场分析1534产品销售方案、营销策略16第四章项目承担单位的基本情况199JWKFFWVGTYMJG6T制冷贮奶罐2台德国韦斯伐利亚2X16刺激按摩自动脱落鱼骨式挤奶系统1套10吨奶罐车一辆项目选项址建设地点甘肃省靖远县刘川工业集中园区基础设施状况水、电、交通、通迅等基础设施较好建设年限2009年2010年简要描述当前存在的问题以及造成这些问题的原因。问题生产规模小，良种奶牛的数量不能充分满足周边市场的需求，设备配套不足且相对落后，以至于影响了甘肃奶产业的发展步伐，也影响了农民养奶牛的的积极性和主动性；原因资金不足，无法扩大生产规模更新、扩充配套设备，进一步提高科技含量，加速甘肃奶牛的良种化进程。简要描述拟采取的工艺技术措施从已有的320头中国荷斯坦奶牛中精选280头组建核心繁育群，进行良种繁育，采用人工授精、科学饲养技术方法，从而提高奶牛的产乳量、乳质、乳用特性、产乳年限、繁殖力、成活率、饲料转化率等生产性能。简要概述主要建设内容及规模成年牛舍594M2，分娩牛舍828M2厅460M2，兽医室96M2，配套种畜性能测定仪器、兽医器械、人工授精设备、鱼骨式挤奶设备1套。中央预算内资金200地方配套资金20固定资产投资万元28580自筹资金6580项目总投资（万元）28580铺底流动资金万元000项目建成后新增效益正常年新增鲜奶1764吨，良种奶牛119头；正常年增量销售收入38637万，增量销售税金及附加为2378万元，所得税后财务内部收益率1596，财务现值（IC10）9842万元，静态投资回收期703年，动态投资回收期987年，税后利润3931万元，增量投资利润率2095，增量投资利税率2925备注附表2甘肃省靖远县良种奶牛繁育场建设项目建设内容、规模及投资明细表一申报单位甘肃省农牧厅二申报文件三建设单位靖远国鼎农业科技有限公司四建设地点甘肃省靖远县刘川工业集中园区五主要建设内容与规模新建成牛舍594M2、分娩牛舍594M2、犊牛舍528M2、挤奶厅460M2、青贮池2240M3，配套人工授精及鱼骨式挤奶设备等21台（套）。序号项目名称规模数量单价元投资万元项目类型建筑形式备注一建筑安装工程数量单位19380新建新增1成年牛舍594M25403210新建结构形式砖混钢结构其它2分娩牛舍594M25403210新建结构形式砖混钢结构其它3犊牛舍528M26503430新建结构形式砖混钢结构其它4挤奶厅460M210004600新建结构形式砖混钢结构其它5青贮池2240M22204930新建结构形式砖混钢结构其它二仪器设备规模（数量）单价（元）投资万元项目类型规格型号备注1人工授精设备20台套60011精子密度测定仪1台3000030012低温温度计1个500005013液氨罐50L1个300003014液氨罐25L2个210004215液氨罐10L2个180003616电冰箱1台300003017生物显微镜1台200002018高压灭菌锅1台800008019输精枪10支1200122鱼骨式挤奶系统1套590005900小计6500三工程建设其它费用1400万元附表2甘肃省靖远县良种奶牛繁育场建设项目建设内容、规模及投资明细表一申报单位甘肃省农牧厅二申报文件三建设单位靖远国鼎农业科技有限公司四建设地点甘肃省靖远县刘川工业集中园区五主要建设内容与规模新建成牛舍594M2、分娩牛舍594M2、犊牛舍528M2、挤奶厅460M2、青贮池2240M3，配套人工授精及鱼骨式挤奶设备等21台（套）。1可研报告编制费200万元2设计费500万元3监理费300万元4招标费100万元5建设单位管理费300万元（四）预备费1300万元（五）项目总投资28580万元中央投资20000万元地方配套2000万元六资金来源自筹6580万元七建设年限2009年2010年招标范围、内容及资金额本项目工程测量、地质勘察及设计各类牛舍及挤奶厅等上建工程；配套人工授精设备、鱼骨式挤奶设备设备的采购；施工监理工作的招标。土建工程19380万元，仪器设备6500万元。招标组织形式委托招标八招标方案招标方式项目勘察设计、土建工程的招标在省内范围内公开招标；项目仪器设备由省农牧厅组织进行公开招标、统一采购。九项目建成后新增效益正常年新增鲜奶1764吨，良种奶牛119头；正常年增量销售收入38637万元，增量销售税金及附加2378万元，所得税后财务内部收益率1596，财务净现值（IC10）9842万元，静态投资回收期703年，动态投资回收期987年，税后利润3931万元，增量投资利润率2095，增量投资利税率2925附表3主要经济技术指标表序号项目单位技术指标备注1建设期年22增量总投资万元2858021增量建设投资万元2858022固定资产方向税万元0003增量销售收入万元386374增量销售税金万元2378正常年5增量利润总额万元5866正常年6增量所得税万元1936平均值7增量税后利润万元3930平均值8财务内部收益率增量投资2113平均值财务内部收益率增量投资1561所得税后9财务净现值增量投资年20371所得税前,注IC10财务净现值增量投资年9452所得税后,注IC1010增量投资利润率年286511增量投资利润率年205212增量投资回收期静态年601所得税前,含建设期增量投资回收期静态年713所得税前,含建设期增量投资回收期静态年769所得税前,含建设期增量投资回收期静态年1011所得税前,含建设期13增量经营成本万元28200正常年14增量总成本万元29557平均值15盈亏平衡点4846增量固定资产投资估算附表4单位万元序号工程成费用名称建筑工程设备购置及安装其它费用小计1固定资产投资19380650027002858011第一部分工程19380650025880111建筑工程000成年工程3210分娩牛舍32103210犊牛舍32103430挤奶厅34304600青贮厅46004930112设备购置与安装4930000人工授精设备600600鱼骨式挤奶系统59005900000000其它00012第二部分其它费研编制费200200122助察设计费500500123监理费300300124招投标费100100125建设单位管理费30030012613预备费用13001300基本预备费130013002固定资产投资方向调节税0000003合计1228580固定资产折旧估算表附表5单位万元生产期序号项目合计原值折旧率34567891011121314150固定资产合计原值2718折旧费1841841841841841841841841841841841841322000净值25342351216719831800161614321248106588169751438140001房屋及建筑物6原值1938折旧费1231231231231231231231231231231231231227000净值1815169315701447132412021079956833711588465342002设备21工艺及辅助设备8原值6500折旧费515151515151515151515151000000净值5995474964443933412902381871358432320022运输设备0原值0折旧费0000000000000000000000000000净值000000000000000000000000000023电子设备0原值0折旧费0000000000000000000000000000净值00000000000000000000000000003其他7原值13折旧费101010101010101010101010095000净值121111102928373645445352616065000房屋及建筑物折旧年限15设备折旧工艺辅助设备12其它13电子及运输设备0引种5无形及递延资产摊销估算表附表6单位万元达到设计能力生产期序号项目摊销原值34567891011121无形及递延资产合计1014011摊销1717171717111111111112净值53012310689725544332211002无形资产21摊销0606060606000000000022净值241812060000000000003递延资产开办费1011031摊销1111111111111111111132净值99887766554433221100增量成本费用估算表附表7单位万元序号项目3456789101112131415小计生产负荷701001001001001001001001001001001001001外购材料163723392339233923392339233923392339233923392339233929705A96313751375137513751375137513751375137513751375137517463B3945635635635635635635635635635635635637150C2733903903903903903903903903903903903904953D08111111111111111111111111140E0000000000000000000000000000F包装00000000000000000000000000002外购燃料及动力26373737373737373737373737470A21303030303030303030303030381B0102020202020202020202020225C04050505050505050505050505643工资及福利16416416416416416416416416416416416416421324修理费505050505050505050505050506505折旧费18418418418418418418418418418418418413223376摊销费171717171711111111110000001407维简费00000000000000000000000000008财务费用0000000000000000000000000000其中流动资金利息00000000000000000000000000009其它费用2302302302302302302302302302302302302302990其中土地使用税000000000000000000000000000010总成本230830213021302130213015301530153015301530043004295238424其中固定成本5815815815815815755755755755755645645127417可变成本17272440244024402440244024402440244024402440244024403100711经营成本210728202820282028202820282028202820282028202820282035947增量销售收入和销售税金及附加估算表附表8单位万元序号项目单位3456789111223141516生产负荷701001001001001001001001001001001001001产品销售收入270538643864386438643864386438643864386438643864386411鲜奶191427342734273427342734273427342734273427342734273412公犊4260606060606060606060606013母犊57181681681681681681681681681681681681614淘汰母牛8812612612612612612612612612612612612615牛粪891281281281281281281281281281281281282销售税金及附加16623823823823823823823823823823823823821增值税15121621621621621621621621621621621621622城市建设维护税0071115151515151515151515151523教育费附加0030506060606060606060606060624损益表增量附表9单位万元生产期序号项目3456789101112131415平均合计生产负荷701001001001001001001001001001001001001产品销售收入270463863738637386373863738637386373863738637386373863738637386373774549072销售税金及附加164623782378237823782378237823782378237823782378237823233023总成本费用230793020730207302073020730147301473014730147301473003730037295222955738424利润总额23026052605260526052611261126112611261126222622267375866763弥补上年度亏损0000000000000000000000005所得税76019971997199719972017201720172017201720532053222319362526税后利润154340554055405540554095409540954095409541694169451439305117可供分配利润1543405540554055405540954095409540954095416941694514393051171盈余公积金我15440640640641041041041041041041741741745139372应付利润00000000000000000000000000000000000000000000073未分配利润13883650365036503650368636863686368636863752375240623537460累计未分配利润13885038868712337159861967223358270433072934415381674191945981234403047备注投资利润率投利润率20522865资金来源与运用表附表10单位万元生产期序号项目23456789101112131415上年余值合计生产负荷701001001001001001001001001001001001001资金来源11434318068068068068068068068068068068068063811334111利润总额230605605605605611611611611611622622674762512折旧费184184184184184184184184184184184184132233713摊销费1717171717111111111100000014014长期借款00000015流动资金借款000000000016其他短期借款0017自有资金114300000000285818回收固定资产余值38138119回收流动资金00002资金运用11437620020020020020220220220220220520522200537421固定资产投资0000285822建设期利息000023流动资金000000000024所得税76200200200200202202202202202205205222251625应付利润000000000000000000000000000026长期借款本金偿还000000000000000000000000000027流动资金借款本金偿还28其他短借款本金偿还3盈余资金0035560660660660660460460460460460160158475864累计盈余资金00355961156721742780338439884592519758064070075951788投资计划与资金筹措表附表11单位万元序号项目建设期投产期1总投资0012345611固定资产投资000000171481443200000000000012固定资产投资方向税000000171481143200000013建设期利息00000000000000014流动资金0000000000002资金筹措000000171481143200000000000021自有资金0000001714811432000000000000其中用于流动资金00000000000022借款000000000000000000000000221长期借款000000000000000222流动资金借款000000000000223其他短期借款00000000000023其他现金流量表全部增量投资附表12单位万元资产负债表附表13单位万元生产期序号项目23456789101112131415建设期生产期序号项目00123456789101112131415合计生产负荷701001001001001001001001001001001001001现金流入11产品销售收入27053864386438643864386438643864386438643864386438644906912回收固定资产余值0000000038138113回收流动资金0000000000381流入小计00002705386438643864386438643864386438643864386438644245494502现金流量0021固定资产投资00001714811430000285822流动资金000000000023投资方向调节税00000000000024经营成本21072820282028202820282028202820282028202820282028203594725销售税金及附加166238238238238238238238238238238238238302026所得税76200200200200202202202202202205205222251627资源税00流出小计0000171511432350325832583258325832593259325932593259326332633280443413净现金流量00001715114335560660660660660460460460460460160196551094累计净现金流量0000171528582503189712916847852611301734233929433543414451095折现净现净现金流000015599452674143763423112822562332121931741582319456累计折现净现金流量000015592504223718231447110479351125522190382556714945计算指标静态投资回收期PTIC10713年财务净现值FNPV95万元税后动态投资回收期PT1011年财务内部收益率FIRR1561计算指标静态投资回收期PT601年财务净现值FNPV204万元税前动态投资回收期PT769年财务内部收益率FIRR21131资产2858317336314036444248475257566660766485689573127728818011流动资产总额516117417802386299335974201480554096014661472157798111应收帐款44595959595959595959595959112存货101138138138138138138138138138138138138113现金16161616161616161616161616114累计盈余资金3559611567217427803384398845925197580164017002758612在建工程285813固定资产净值25342351216719831800161614321248106588169751438114无形及递延资产净值12310689725544332211000000002负债及所有者权益2858317336314036444248475257566660766485689573127728818021流动负负债总额149213213213213213213213213213213213213211应付帐款149213213213213213213213213213213213213212短期借款00000000000000000000000000其中流动资金借款0000000000000000000000000022长期借款0000000000000000000000000000负债小计0014921321321321321321321321321321321321323所有者权益28583024314838234229463450445453586362726682709975167967231资本金28582870285828582858285828582858285828582858285828582858232资本公积金233累计盈余公积金155697137178219260300341382424466511234累计未分配利润1395048691234159919672336270430733441381741924598计算指标资产负债率0047595348444038353331292826流动比率34635517836611215140631690319743225822542228261310843390636649速动比率27884870771910568134171625619096219352477527614304373325936002核准通过，归档资料。未经允许，请勿外传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