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IMOS - P&L - Estimate

The Estimate P&L is driven by values entered elsewhere on the Estimate form.

To open the or close the P&L panel, on Estimate details, click .

  • On a revenue or expense category line, you can click its label to open the relevant form (for example, Misc. Revenue or ExpensesBunkers, or Port Expenses). If you edit a form and then close it, the Estimate P&L updates.

  • You can adjust the Freight Rate (on the Cargoes grid), Net Daily (TCE), or Profit (Loss) to see the resulting changes in the Estimate P&L. To lock the Net Daily (TCE) or Profit (Loss) to back-calculate Freight, select its check box.

    • Net Daily (TCE) = (Net Income − (Total Expenses − (Vessel Expenses + Ballast Bonus + TC In Common Voyage Expenses − Address Commission))) / Voyage Days
      Note: TC In Common Voyage Expenses do not include ILOHC or INTHC; these two expenses affect TCE.

    • The IMOS functionality, ILOHC ( if set as Lumpsum provisional entry) shows on the PNL once it has been allocated to a voyage on a hire payment, unless it is the last TCI voyage ( where it automatically shows). INTHC ( if set as Lumpsum entry)  also shows on the PNL once it has been allocated to a voyage on a hire payment. If INTHC is set as Lumpsum provisional, it will show up on every voyage PNL estimate under that TC contract.

      • For Type G (Gas Carrier) vessels, Net Monthly (TCE) appears in addition to Net Daily (TCE).

  • Breakeven is the minimum freight rate that you need to cover your voyage expenses so that your Profit value is equal to zero.

  • Gross TCE = TCE / (1 − x), where x is the Address Commission rate of Vessel Daily Cost or Hire.





Name/Flag

Description

Name/Flag

Description

Enable Voyage Estimate Saved Ballast Days
CFGEnableVoyestSavedBallastDays

Adds Saved Ballast Days/LS and Bunker Exp fields to the Estimate and calculates the impact of Saved Ballast Days on the TCE and voyage days.

Enable Voyage Estimate TCE APS
CFGEnableVoyestTceAps

Adds an APS TCE (Arrival at Pilot Station TCE) field to the P&L Summary for OVOV and TCOV voyage types.

APS TCE uses the same calculation as the TCE field, but with the following ballast costs removed:

  • All bunker expenses incurred before arrival at the first Load Port

  • All port expenses and tolls at any port prior to the first Load Port, including Other Revenues and Expenses that are linked to those ports

To use APS TCE, CFGEnableVoyestTceDeviation must be disabled.

Enable Voyage Estimate TCE Deviation
CFGEnableVoyestTceDeviation

Enables access to Deviation TCE functionality in Estimates. (Also disables Gross TCE field.)

Voyage Estimate TCE Percent
CFGVoyestTcePercent

Displays a field on the Estimate form to show/enable entry of TCE as a ratio of TCE Vessel Daily Cost. (Also disables Gross TCE field.)

Show Cargo Per Unit Cost
CFGShowCargoPerUnitCost

Adds a Per Unit Cost field to the Estimate P&L. This value is also seen in the Performance Metrics section of the Voyage Profit & Loss Report (accessible from the Voyage Manager). The value for Per Unit Cost = total cost of expenses divided by quantity of cargo loaded. This calculation is not intended to include revenues generated during the voyage. 

Display Cost Per MMBTU
CFGDisplayCostPerMMBTU

If enabled, then for vessels of type L (LNG), the Estimate and Voyage P&L both display the cost per MMBTU (in addition to the usual TCE figure).

TCI Broker Comm on Estimate
CFGTciBrokerCommOnEstimate

When enabled, a broker commission amount and percent from the Time Charter contract will be displayed on the Voyage Estimate P&L when applicable.





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