Financial Analysis of a Tropical Forestry Enterprise
Realized in the Deramakot Reserve, Malaysia, by application of the forest growth model FORMIX3Q
Thesis 208 Pages
Series: Sozialwissenschaftliche Schriften zur Forst- und Holzwirtschaft, Volume 7
This study analyzes the financial viability of three forest management scenarios for the Deramakot Forest Reserve in Sabah, Malaysia: Reduced Impact Logging (RIL), Low Impact Logging (LIL) and Conventional Logging (CL). Three sustainable Annual Allowable Cuts (AAC) were calculated with the process-based model FORMIX3Q. The study reveals that harvesting is feasible even under the current degraded conditions and suggests an AAC of 10,000 m3/year for at least 40 years. The integration of a costing module allowed combining the surveyed cost and revenue-related data of the harvesting scenarios with key data, e.g. the AAC, as well as a detailed analysis with financial indicators, and a sensitivity analysis. The module also provides the total balance sheet and internal cost distribution.
- ISBN (Softcover)
- Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2005. 207 pp., num. fig. and tab.