Table 1
Summarised Cost Schedule and Financing Plan
	Total Financing Requirement in '000		Non-CMA	CMA	Total
	Maloti Equivalent
	Capital Costs
		Mohale Tunnel Construction	245,254	650,952	896,205
		Mohale Dam Construction	289,021	276,538	565,559
		Matsoku Diversion Construction	50,724	224,226	274,949
		Infrastruct. Constr. – Maseru Bypass & Road Rehab.		112,585	112,585
		Infrastruct. Constr. – Mohale Camp		120,030	120,030
		Infrastruct. Constr. – Access Roads		302,029	302,029
		Infrastruct. Constr. – Construction Power		54,707	54,707
		Infrastruct. Constr. – Telecommunications		11,556	11,556
		Major Works Engineering – Mohale Tunnel	51,358	64,016	115,374
		Major Works Engineering – Mohale Dam	40,024	49,035	89,059
		Major Works Engineering – Matsoku Diversion		28,210	28,210
		Other Engineering		112,579	112,579
		Environ. – Compensation & Resettlement		491,905	491,905
		Environ. – Development		65,569	65,569
		Environ. – Natural Environ. & Heritage		72,804	72,804
		Environ. – Public Health		49,966	49,966
		Administration	141,408	264,505	405,913
	Sub-total		817,789	2,951,210	3,768,999
	Finance Costs
		Charges capitalised during construction	73,054	544,818	617,872
		Charges paid during construction	141,090	1,647,167	1,788,257
	Total Capital and Financing Costs		1,031,932	5,143,195	6,175,127
	Ultimate Funding Sources in '000 Maloti		Non-CMA	CMA	Total
	Equivalent
	Funding for Capital Costs
		Trinkaus & Burkhardt KgaA	150,888		150,888
		Midland/Credit Lyonnais – Export Credit	75,718		75,718
		Midland/Credit Lyonnais – Comm	23,337		23,337
		RSA CRP (EIB) - Mohale Dam	297,320		297,320
		EIB I – Matsoku Diversion	274,949		274,949
		World Bank I - Phase IB Loan	205,391		205,391
		World Bank II - Phase IA Loan carried over to IB	31,651		31,651
		DBSA (D38) - Mohale Camp