Your project company's annual report is provided in the course materials, so there is nothing for you to download or search for.
Session 3 · NPV Lab
Move money across time at a chosen annual return, in either direction.
%
The annual return you require for waiting. The higher it is, the less a future amount is worth today.
Cash flows in euros. Enter payments as negative amounts.
Time
Cash flow
Discount factor
Present value
Calculation
Cash flow at time 0
Present value of future cash flows
Net present value
The Lab keeps two decimals throughout. The slides round each figure to the nearest euro, so a difference of a few cents between the two is rounding rather than an error.
€
%
Each year the return applies to the whole amount at the start of that year, including the returns already earned in earlier years. That is compounding.
Year
Opening amount
Return
Closing amount
Future value
The slides round to the nearest cent at every step of the table. Here the calculation keeps full precision and rounds only what is displayed, so the final cent can occasionally differ.