b) Loans c) Value of Assets d) Value of similar as the project e) Gross Income / total revenue from f) Net income/net g) Operating costs h) Financial costs i) Return on Assets j) Return on Equity k) Debt to Equity ratio l) EBITDA * Repeat as necessary for all partners Financial Checklist Table 3.2: Financial documentation checklist Required Guidance Included? Yes No a) Certified audited financial statements for last three years In cases where the applicant is newly instituted (i.e., special purpose vehicle) and intends to seek financial support from another company or sponsor, copies of certified Audited Financial Statements of that sponsor for the last three years (or latest three years prior to application) will be required. b) Memorandum of Where the project sponsor is another Company other than the applicant, a valid Memorandum of Understanding between the Applicant and the sponsor will be required, specifically to sponsor project construction. c) Copies of loan agreements Where source of financing is a loan, copies of loan agreements or offer letters from financial confirming commitment to provide such d) Project financial model Soft copy of project financial model showing the capital structure, cost of equity, cost of debt, weighted average cost of capital, the projected cash inflows and outflows over the lifetime of the project, computation of Internal Rate of Return (IRR) and Net Present Value (NPV). e) Proof of payment of the fee Payment of the application fee.
State if there is a need to purchase land for the project, and whether there is a need to access public and/or private land Requirement: Briefly detail the land ownership of the land required both for the project and its related infrastructures, e.g. transmission lines (public/private/community owned), access roads; Provide evidence of the availability/acquisition of land for the proposed project, in the form of a land title, a land sale agreement or mutual agreement by landowners to avail the required land for the project and associated infrastructures including access roads and power evacuation lines. Enclose agreements with concerned land owners Table 6.12: Land purchase requirements Specified Consents/Licences Required from Other Public Authorities to Undertake Project and their Status (attach relevant documents): Requirement: The Applicant must attach relevant consents and permits required under any other law for the proposed activity. Table 6.13: Consents/licenses Consent Required From Whom Rationale Estimated date for consent a) Uganda approval [The National Environment Act, 1995] NEMA The approval allows NEMA to ensure that the project and its mitigation plans comply with Ugandan standards for environmental and impact. b) The National (Riverbanks, lakeshore, wetland) (2010) NEMA Where the project is on a protected river or wetland, NEMA will require the developer to additionally apply for a permit to operate on the riverbank. c) Surface Water (or ”Abstraction Permit”) [The Water Statute 1995; Water 1998] DWRM The permit allows DWRM control over the use of surface water so that no other parties, for example farmers are negatively affected and so that no other negative effects on the water system occur. The permit specifies the minimum water flow that should be in the river.