1. Dairy farm on 1200 head of cattle creation

2. Project targets are: - to enter the meat and dairy cattle breeding market of the Kostroma region and beyond; - to create new working places; - to gain profit. Sector – meat and dairy cattle breeding. Location – Susanino municipal district.

3. ProductUsing directions Raw milk Further recycling for dairy production at operating enterprises of Kostroma region and surrounding areas Cattle’s meat Slaughter and further recycling at meat-processing plants of Kostroma region and surrounding areas

4. Initial information about the complex: 1) Total livestock – 1 200 head of cattle; 2) Heifers’ input per 100 cows – 35 head of cattle per year; 3) Calves’ output per 100 cows – 85 head of cattle per year; 4) Percentage of cows’ rejects – 35 %; 5) Percentage of first lactation cows’ rejects – 10 %; 6) Age of cows’ insemination – 16 месяцев; 7) Bulls’ keeping duration – 3 days; 8) Age of saplings’ realization – 19-20 months; 9) Coefficient of irregularity – 1; 10) Total number of cows at the lactation section – 1 200 head of cattle; 11) Rhythm of production – 14 days.

5. Feed’s Name Annual need, tons Losses of feed during transportation and storage On storage, tons Productivity, centner/ha Required area, ha %tons Silo11 876151 78113 657180759 Silage3 895155844 479150299 Hay2 397153602 757251 102 Concentrated feed3 3762683 444201 722 Total required area, 3 800 ha Calculation of the amount of feed per 1 200 head of cattle

6. Groups of cattle Number of heads Daily output of dung per animal Litter consumptio n per animal (kg) Output of dung (t per day) Output of dung (t per year) Urine (l) Dung (kg) Cows1 2722035171,2325 998,95 Calves under 6 months 2942,550,52,35857,75 Calves from 6 to 12 months 2404100,73,531 288,45 Calves from 12 to 18 months 3267200,89,063 306,9 TOTAL 86,1731 390 Output of dung per 1 200 head of cattle

7. IndicatorValue Volume of investments534,6 million RUR Structure own funds borrowed funds 20 % 80 % Planning period8 years Personnel41 Average salaryfrom 17,5 thousand RUR per months Major socio-economic indicators

8. NoTitle Cost, RUR (including VAT) Complex for 1200 head of cattle 1Milking centre33 221 787 2Cowshed No. 1, 480 cow-places17 489 722 3Cowshed No. 2, 480 cow-places17 489 722 4Maternity division15 651 823 5Calf-house (for calves from 13 to 23 months) and dry cows18 367 782 6Calf-house (for calves from 2 to 12 months)5 680 067 7Other equipment14 927 798 TOTAL122 828 701 Acquisition of cattle 1Livestock’s value, 1 250 head of cattle112 986 250 TOTAL112 986 250 Self-propelled and towed technique 1 Technique’s value (feed procuring equipment, sowing machinery, tillage machinery) 63 428 636 TOTAL63 428 636 Farm construction 1 235 372 164 TOTAL235 372 164 TOTAL INVESTMENTS534 615 751 Structure of investments

9. NoIndicatorValue 1Revenue, thousand RUR 1 020 217,92 2Costs, thousand RUR 1 001 235,60 3Profit/loss before tax, thousand RUR18 982,32 4Unified agricultural tax, thousand RUR1 138,94 5Net profit, thousand RUR27 995,45 6Profitability, %2,80 7Profitability of sales, %2,74 Enterprise’s activity indicators during planning period

10. Costs structure during planning period, thousand roubles NoCostValue 1Current production costs 88 360,29 2Wage fund 97 159,31 3Social payments 26 330,17 4Depreciation 467 524,50 5Others 321 861,34 TOTAL 1 001 235,60

11. Budgetary efficiency during planning period, thousand roubles NoTitleValue 1Unified agricultural tax1 138,94 2Transport tax1 143,59 3Personal income tax11 177,62 4Social payments26 330,17 TOTAL39 790,32 Level of tax withdrawals, %3,90

12. Integrated indicators of project efficiency NoIndicatorValue 1NPV, thousand RUR5952,0 2IRR, %10,72 3Payback period, months72