000 01487nam a2200181Ia 4500
008 220216s9999 xx 000 0 und d
100 _aSamarappuli I N
245 0 _aEconomics of reinvestment on rubber in the estate sector
260 _bJournal of the Rubber Research Institute of Sri Lanka
_c1997
300 _a45-61
520 _aReplanting of rubber is considered as a long term investment. This study investigates the financial viability of reinvestment on rubber with especial reference to estate sector in Sri Lanka. Economic life span of a 33-year period is considered for the discounted cash flow analysis. The sample consisted of 135 rubber fields randomly selected from 15 large estates. The total investment for the first six years of immature period consisted of Rs. 129.500/ha. The cost of mature upkeep rangaed from Rs.18.000 to Rs. 29.000 per hectare per year. The average cost per tree inclusive of both investment and running cost accounted for Rs. 2350 = per life span. The discounted cash flow analysis revealed a NPV of Rs. 65.700 at 15;discount rate. The B/C ratio, Net Benefit-Investment ratio, IRR and Pay Back Period were 1.35, 2.80, 22;and 11 years respectively. Certain parameters were varied through sensitivity analysis to assess the economic viability of reinvestment on rubber under different scenarios.
650 _aEconomics
650 _aReplanting
650 _aRubber
700 _aDias D B S B
700 _aWickramaratne C S
942 _cJS
999 _c57632
_d57632