Common use of Worked example Clause in Contracts

Worked example. The following worked example is provided for illustrative purposes only and is based on cost estimates prepared at September 1984 prices and on incremental water allocations given in Section B.2 of Annex 3: Total Cost of Driekoppies Dam TD = R 104.7 million Total Cost of Maguga Dam TM = R 138.3 million Hence: Total Cost T = R 243.0 million cubic hectometres per year South Africa: incremental water allocation ir = 111.0 Swaziland: incremental water allocation is = 72.6 Hence: Total incremental water allocation it = 183.6 Xxxxx Xxxxxxxxx's share of the Total Cost expressed as proportion of the cost of Maguga Dam is given by: Ss = T TM x (0.06589 + 0.401 x is ) it = 243.0 x (0.06589 + 0.401 x 72.6 ) 138.3 183.6 = 243.0 x (0.06589 + 0.15857) = 243.0 x 0.22446 138.3 = 0.39438 Accordingly South Africa's share of the Total Cost of Maguga Dam (1-Ss) is 0.60562. ANNEX 3 WATER ALLOCATIONS AND WATER DATA FOR APPORTIONMENT OF CAPITAL COST (Article 12 refers)

Worked example. The following worked example is provided for illustrative purposes only and is based on cost estimates prepared at September 1984 prices and on incremental water allocations given in Section B.2 of Annex 3: Total Cost of Driekoppies Dam TD = R 104.7 =R104-7 million Total Cost of Maguga Dam TM = R 138.3 million =R138-3 rnillion Hence: Total Cost T = R 243.0 million cubic hectometres per year South Africa: incremental water allocation ir = 111.0 SwazilandEswatini: incremental water allocation is = 72.6 Hence: Total incremental water allocation it 𝐼 111.0 = = 𝑟 𝑠 𝑖 72.6 = 𝑡 𝑖 183.6 Xxxxx XxxxxxxxxXxxxxxxx's share of the Total Cost expressed as a proportion of the cost of Maguga Dam is given by: Ss = - T TM x ({0.06589 + 0.401 x is ig ) it TM 4 = 243.0 x (0.06589 + 0.401 x 72.6 72J5) 138.3 183.6 = 243.0 x (0.06589 + 0.15857) 138.3 = 243.0 x 0.22446 138.3 = 0.39438 Accordingly Accordingly, South Africa's share of the Total Cost of Maguga Dam (1-Ss) SJ is 0.60562. ANNEX 3 WATER ALLOCATIONS AND WATER DATA FOR APPORTIONMENT OF CAPITAL COST (Article 12 refers)

Worked example. The following worked example is provided for illustrative purposes only and is based on cost estimates prepared at September 1984 prices and on incremental water allocations given in Section B.2 of Annex 3: Total Cost of Driekoppies Dam TD = R 104.7 million Total Cost of Maguga Dam TM = R 138.3 million Hence: Total Cost T = R 243.0 million cubic hectometres per year South Africa: incremental water allocation ir = 111.0 Swaziland: incremental water allocation is = 72.6 Hence: Total incremental water allocation it = 183.6 Xxxxx XxxxxxxxxHence Swaziland's share of the Total Cost expressed as proportion of the cost of Maguga Dam is given by: Ss = T TM x (0.06589 + 0.401 x is ) TM it = 243.0 x (0.06589 + 0.401 x 72.6 ) 138.3 183.6 = 243.0 x (0.06589 + 0.15857) = 243.0 x 0.22446 138.3 = 0.39438 Accordingly South Africa's share of the Total Cost of Maguga Dam (1-Ss) is 0.60562. ANNEX 3 WATER ALLOCATIONS AND WATER DATA FOR APPORTIONMENT OF CAPITAL COST (Article 12 refers)

Worked example. The following worked example is provided for illustrative purposes only and is based on cost estimates prepared at September 1984 prices and on incremental water allocations given in Section B.2 of Annex 3: Total Cost of Driekoppies Dam TD = R 104.7 million Total Cost of Maguga Dam TM = R 138.3 million Hence: Total Cost T = R 243.0 million cubic hectometres per year South Africa: incremental water allocation ir = 111.0 Swaziland: incremental water allocation is = 72.6 Hence: Total incremental water allocation it = 183.6 Xxxxx XxxxxxxxxHence Swaziland's share of the Total Cost expressed as proportion of the cost of Maguga Dam is given by: Ss = T TM x (0.06589 + 0.401 x is ) it = 243.0 x (0.06589 + 0.401 x 72.6 ) 138.3 183.6 = 243.0 ( x (0.06589 + 0.15857) = 243.0 (138.3 x 0.22446 138.3 122446 = 0.39438 Accordingly South Africa's share of the Total Cost of Maguga Dam (1-Ss) is 0.60562. ANNEX 3 WATER ALLOCATIONS AND WATER DATA FOR APPORTIONMENT OF CAPITAL COST Annex 3. Water allocations and water data for apportionment of capital cost (Article article 12 refers)