This report will provide an overview of the onshore and offshore wind farm projects based on their cash budgets, showing their cash flows across different time periods. Hence, enables us to perform a more in-depth analysis, allowing us to make an informed decision regarding this investment.

(a) Payment and receipts There were no separate payments and receipts noted for the expenditure incurred and the revenue received. Hence no adjustments are made

(b) Project life span Both projects have the same lifespan of 15 years hence no adjustments were needed.

(c) Costs and Revenues Revenues have been clearly stated in the question. As for the costs incurred on the project, they are broken down into different operating expenses such as land rental, insurance, and maintenance.

(d) Resale value was kept at 0 as the question stated that the equipment will have zero resale value

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