{"text_format":"2","workbook":"xls","n_sheets":1,"sheets":["Models"],"not_rendered":{"charts":0,"images":0,"macros":0,"external_links":1,"defined_names":0,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"run_cost":"one","rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900","formulas":"cached_only"}

{"sheet":"Models","index":0,"n_rows":54,"n_cols":38,"rows_kept":54,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["All amounts in Euro",{"$nulls":7},"All amounts in Euro"]
["exchange rate 1.3",{"$nulls":7},"exchange rate 1.4",{"$nulls":7},"exchange rate 1.44",{"$nulls":7},"exchange rate 1.5"]
[]
[null,null,null,"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007"]
[]
["Income","subs. 8,000",null,335352,335352,335352,335352,null,"Income","subs. 8,000",null,337917,337917,337917,337917,null,"Income","subs. 8,000",null,338943,338943,338943,338943,null,"Income","subs. 8,000",null,340483,340483,340483,340483,null,"stable"]
["Normal expenditure",null,null,325566,330449.49,335406.23235,340437.32583525,null,"Normal expenditure",null,null,339871,344969.065,350143.600975,355395.754989625,null,"Normal expenditure",null,null,346444,351640.66,356915.26989999996,362268.99894849997,null,"Normal expenditure",null,null,356303,361647.545,367072.25817499997,372578.342047625,null,"1.5% inflation"]
[{"$nulls":32},"this includes 10k pounds dev."]
["Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500]
["RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"3000 USD extra"]
["Manuscript project",{"$nulls":7},"Manuscript project",{"$nulls":7},"Manuscript project",{"$nulls":7},"Manuscript project"]
[null,"Software company",null,65000,26000,26000,26000,null,null,"Software company",null,70000,28000,28000,28000,null,null,"Software company",null,72000,28800,28800,28800,null,null,"Software company",null,75000,30000,30000,30000,null,"50k pounds in the first year, 20k in the following years"]
[null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000]
["Total expenditure",null,null,414066,379269.49,384226.23235,389257.32583525,null,"Total expenditure",null,null,433371,395789.065,400963.600975,406215.754989625,null,"Total expenditure",null,null,441944,403260.66,408535.26989999996,413888.99894849997,null,"Total expenditure",null,null,454803,414467.545,419892.25817499997,425398.342047625]
["Deficit",null,null,-78714,-43917.48999999999,-48874.232350000006,-53905.32583525003,null,"Deficit",null,null,-95454,-57872.065,-63046.60097500001,-68298.75498962501,null,"Deficit",null,null,-103001,-64317.659999999974,-69592.26989999996,-74945.99894849997,null,"Deficit",null,null,-114320,-73984.54499999998,-79409.25817499997,-84915.34204762499]
[]
["CERL savings",null,500000,421286,377368.51,328494.27765,274588.95181475,null,"CERL savings",null,500000,404546,346673.935,283627.334025,215328.57903537498,null,"CERL savings",null,500000,396999,332681.34,263089.07010000007,188143.0711515001,null,"CERL savings",null,500000,385680,311695.455,232286.19682500005,147370.85477737506]
["Minus 80,000 exit strategy",null,null,341286,297368.51,248494.27765,194588.95181474998,null,"Minus 80,000 exit strategy",null,null,324546,266673.935,203627.334025,135328.57903537498,null,"Minus 80,000 exit strategy",null,null,316999,252681.34000000003,183089.07010000007,108143.0711515001,null,"Minus 80,000 exit strategy",null,null,305680,231695.45500000002,152286.19682500005,67370.85477737506]
[]
[]
[null,null,null,"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007"]
[]
["Income","subs. 7,500",null,317352,317352,317352,317352,null,"Income","subs. 7,500",null,319917,319917,319917,319917,null,"Income","subs. 7,500",null,320943,320943,320943,320943,null,"Income","subs. 7,500",null,322483,322483,322483,322483,null,"stable"]
["Normal expenditure",null,null,325566,330449.49,335406.23235,340437.32583525,null,"Normal expenditure",null,null,339871,344969.065,350143.600975,355395.754989625,null,"Normal expenditure",null,null,346444,351640.66,356915.26989999996,362268.99894849997,null,"Normal expenditure",null,null,356303,361647.545,367072.25817499997,372578.342047625,null,"1.5% inflation"]
[{"$nulls":32},"this includes 10k pounds dev."]
["Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500]
["RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"3000 USD extra"]
["Manuscript project",{"$nulls":7},"Manuscript project",{"$nulls":7},"Manuscript project",{"$nulls":7},"Manuscript project"]
[null,"Software company",null,65000,26000,26000,26000,null,null,"Software company",null,70000,28000,28000,28000,null,null,"Software company",null,72000,28800,28800,28800,null,null,"Software company",null,75000,30000,30000,30000,null,"50k pounds in the first year, 20k in the following years"]
[null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000]
["Total expenditure",null,null,414066,379269.49,384226.23235,389257.32583525,null,"Total expenditure",null,null,433371,395789.065,400963.600975,406215.754989625,null,"Total expenditure",null,null,441944,403260.66,408535.26989999996,413888.99894849997,null,"Total expenditure",null,null,454803,414467.545,419892.25817499997,425398.342047625]
["Deficit",null,null,-96714,-61917.48999999999,-66874.23235,-71905.32583525003,null,"Deficit",null,null,-113454,-75872.065,-81046.60097500001,-86298.75498962501,null,"Deficit",null,null,-121001,-82317.65999999997,-87592.26989999996,-92945.99894849997,null,"Deficit",null,null,-132320,-91984.54499999998,-97409.25817499997,-102915.34204762499]
[]
["CERL savings",null,500000,403286,341368.51,274494.27765,202588.95181474998,null,"CERL savings",null,500000,386546,310673.935,229627.334025,143328.57903537498,null,"CERL savings",null,500000,378999,296681.34,209089.07010000007,116143.0711515001,null,"CERL savings",null,500000,367680,275695.455,178286.19682500005,75370.85477737506]
["Minus 80,000 exit strategy",null,null,323286,261368.51,194494.27765,122588.95181474998,null,"Minus 80,000 exit strategy",null,null,306546,230673.935,149627.334025,63328.579035374976,null,"Minus 80,000 exit strategy",null,null,298999,216681.34000000003,129089.07010000007,36143.0711515001,null,"Minus 80,000 exit strategy",null,null,287680,195695.45500000002,98286.19682500005,-4629.1452226249385]
[]
[]
[null,null,null,"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007",{"$nulls":4},"2003-2004","2004-2005","2005-2006","2006-2007"]
[]
["Income","subs 7,000",null,299352,299352,299352,299352,null,"Income","subs 7,000",null,301917,301917,301917,301917,null,"Income","subs 7,000",null,302943,302943,302943,302943,null,"Income","subs 7,000",null,304483,304483,304483,304483,null,"stable"]
["Normal expenditure",null,null,325566,330449.49,335406.23235,340437.32583525,null,"Normal expenditure",null,null,339871,344969.065,350143.600975,355395.754989625,null,"Normal expenditure",null,null,346444,351640.66,356915.26989999996,362268.99894849997,null,"Normal expenditure",null,null,356303,361647.545,367072.25817499997,372578.342047625,null,"1.5% inflation"]
[{"$nulls":32},"this includes 10k pounds dev."]
["Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500,{"$nulls":4},"Tender Excercise",null,null,2500]
["RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"RLG extra costs",null,null,null,1820,1820,1820,null,"3000 USD extra"]
["Manuscript project",{"$nulls":7},"Manuscript project",{"$nulls":7},"Manuscript project",{"$nulls":7},"Manuscript project"]
[{"$nulls":32},"If CERL were not to undertake the MSS project then it would save in 4 years."]
[null,"Software company",null,65000,26000,26000,26000,null,null,"Software company",null,70000,28000,28000,28000,null,null,"Software company",null,72000,28800,28800,28800,null,null,"Software company",null,75000,30000,30000,30000]
[null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"CERL admin support",null,21000,21000,21000,21000,null,null,"Exchange rate",1.3,1.4,1.44,1.5]
["Total expenditure",null,null,414066,379269.49,384226.23235,389257.32583525,null,"Total expenditure",null,null,433371,395789.065,400963.600975,406215.754989625,null,"Total expenditure",null,null,441944,403260.66,408535.26989999996,413888.99894849997,null,"Total expenditure",null,null,454803,414467.545,419892.25817499997,425398.342047625,null,null,"Save",227000,238000,242000,249000]
["Deficit",null,null,-114714,-79917.48999999999,-84874.23235,-89905.32583525003,null,"Deficit",null,null,-131454,-93872.065,-99046.60097500001,-104298.75498962501,null,"Deficit",null,null,-139001,-100317.65999999997,-105592.26989999996,-110945.99894849997,null,"Deficit",null,null,-150320,-109984.54499999998,-115409.25817499997,-120915.34204762499,null,"Estimated CERL savings on 31 August 2007:"]
[{"$nulls":32},"Subscription rate"]
["CERL savings",null,500000,385286,305368.51,220494.27765,130588.95181474998,null,"CERL savings",null,500000,368546,274673.935,175627.334025,71328.57903537498,null,"CERL savings",null,500000,360999,260681.34000000003,155089.07010000007,44143.0711515001,null,"CERL savings",null,500000,349680,239695.45500000002,124286.19682500005,3370.8547773750615,null,8000,null,421588.95181475,373328.579035375,350143.0711515001,316370.85477737506]
["Minus 80,000 exit strategy",null,null,305286,225368.51,140494.27765,50588.95181474998,null,"Minus 80,000 exit strategy",null,null,288546,194673.935,95627.33402499999,-8671.420964625024,null,"Minus 80,000 exit strategy",null,null,280999,180681.34000000003,75089.07010000007,-35856.9288484999,null,"Minus 80,000 exit strategy",null,null,269680,159695.45500000002,44286.19682500005,-76629.14522262494,null,7500,null,349588.95181475,301328.579035375,237370.85477737506,244370.85477737506]
[{"$nulls":32},7000,null,277588.95181475,229328.57903537498,206143.0711515001,172370.85477737506]