Dot Nom Registry Operator Financial Projections (Quarterly over 4 Years, Expected Volume Scenario)
	Currency in USD*
	Year		2001	2001	2001	2001	2002	2002	2002	2002	2003	2003	2003	2003	2004	2004	2004	2004
	Quarter ending		March.01	June.01	Sept.01	Dec.01	March.02	June.02	Sept.02	Dec.02	March.03	June.03	Sept.03	Dec.03	March.04	June.04	Sept.04	Dec.04
A	A S S U M P T I O N S
A1	Registration Growth factor (per annum)	########				100% p.a.				100% p.a.				100% p.a.				100% p.a.
A2	Registration Growth factor (p.q.: per quarter)		19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.	19% p.q.
A3	Number of  members	72	100	102	104	106	108	110	112	114	116	118	120	122	124	126	128	130
A4	Number of staff	0.5	8	9	10	10	11	13	14	15	16	18	20	22	24	26	28	31
B	Price per domain year			5.00	4.00	3.00	3.00	3.00	3.00	3.00	2.50	2.50	2.50	2.50	2.50	2.00	2.00	2.00
C	Financing balance required per member	40,000	40,000	40,000	40,000	40,000	40,000	40,000	30,000	30,000	30,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
D	Number of registrations (domains)	150,000	0	150,000	178,381	212,132	252,269	300,000	356,762	424,264	504,538	600,000	713,524	848,528	1,009,076	1,200,000	1,427,049	1,697,056
D1	Average duration of new registrations and renewals		0	1.10	1.12	1.14	1.16	1.19	1.21	1.23	1.25	1.28	1.30	1.33	1.35	1.38	1.40	1.43
D2	Number of registration renewals	80%					109,091	127,323	148,601	173,436	202,422	236,251	275,735	321,817	375,600	438,372	511,634	597,141
D3	Number of registrations (years)		0	165,000	199,932	242,259	420,488	506,652	610,518	735,730	886,686	1,068,692	1,288,149	1,552,782	1,871,910	2,256,783	2,720,975	3,280,869
D4	Cumulated registered domains		0	150,000	328,381	540,513	792,782	1,092,782	1,449,544	1,873,808	2,378,346	2,978,346	3,691,870	4,540,398	5,549,474	6,749,474	8,176,523	9,873,579
E	Domains Registered per year					540,513				1,333,295				2,666,590				5,333,181
F	RECEIPTS OF FUNDS
G1	Aggregate new members' contribution		1,120,000	80,000	80,000	80,000	80,000	80,000	60,000	60,000	60,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000
G2	Aggregate current members' additional contribution		0	0	0	0	0	0	-1,100,000	0	0	-1,160,000	0	0	0	0	0	0
H1	Income from registrations		0	825,000	799,727	726,777	1,261,464	1,519,957	1,831,554	2,207,190	2,216,716	2,671,730	3,220,373	3,881,954	4,679,775	4,513,566	5,441,950	6,561,738
I	TOTAL RECEIPTS FOR QUARTER		1,120,000	905,000	879,727	806,777	1,341,464	1,599,957	791,554	2,267,190	2,276,716	1,551,730	3,260,373	3,921,954	4,719,775	4,553,566	5,481,950	6,601,738
J	TOTAL Receipts of funds over Year					3,711,504				6,000,166				11,010,772				21,357,029
K	USE OF FUNDS
L1	MANAGEMENT, STAFF, CONSULTANTS
L2	Compensation and social security	100,000	200,000	225,000	250,000	250,000	275,000	325,000	350,000	375,000	400,000	450,000	500,000	550,000	600,000	650,000	700,000	775,000
L3	Office space, equipment, supplies, miscellaneous	10,000	20,000	21,892	23,963	26,230	28,712	31,428	34,401	37,655	41,218	45,117	49,385	54,057	59,171	64,769	70,897	77,604
M1	TECHNICAL RESOURCES
M2	Main SRS Site	0.5	200,000	100,000	109,460	119,816	131,151	143,558	157,139	172,005	188,277	206,089	225,586	246,927	270,287	295,857	323,846	354,483
M3	Backup SRS Site	0.5	200,000	50,000	54,730	59,908	65,575	71,779	78,570	86,003	94,139	103,045	112,793	123,463	135,144	147,929	161,923	177,242
M4	TLD Servers/Zone File Generation/Whois Servers	0.60	200,000	50,000	50,000	81,077	118,917	163,917	217,432	281,071	356,752	446,752	553,781	681,060	832,421	1,012,421	1,226,478	1,481,037
M5	SRS software and standard development		300,000	60,000	60,000	60,000	86,485	119,213	158,132	204,415	259,456	324,910	402,749	495,316	605,397	736,306	891,984	1,077,118
N	LEGAL EXPENSES	0.5	200,000	50,000	54,730	59,908	65,575	71,779	78,570	86,003	94,139	103,045	112,793	123,463	135,144	147,929	161,923	177,242
O	ADVISORY COUNCIL BUDGET		200,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000
P	MEETING EXPENSES, MISCELLANEOUS	5%	76,000	32,845	35,144	37,847	43,571	51,334	58,712	67,108	76,699	88,948	102,854	118,714	136,878	157,761	181,853	210,986
Q	ICANN gTLD Registry Fees		25,000	25,000	25,000	25,000	35,000	35,000	35,000	35,000	50,000	50,000	50,000	50,000	75,000	75,000	75,000	75,000
R	TOTAL EXPENSES FOR QUARTER		1,621,000	714,737	763,028	819,785	949,986	1,113,007	1,267,955	1,444,260	1,660,679	1,917,905	2,209,941	2,543,002	2,949,442	3,387,972	3,893,905	4,505,712
S	TOTAL Use of funds over Year					3,918,550				4,775,209				8,331,528				14,737,030
T	Cash flow		-501,000	190,263	116,699	-13,009	391,478	486,950	-476,401	822,930	616,036	-366,175	1,050,431	1,378,952	1,770,333	1,165,594	1,588,045	2,096,026
U	Reserve	1,500,000	999,000	1,189,263	1,305,962	1,292,954	1,684,432	2,171,382	1,694,981	2,517,911	3,133,947	2,767,772	3,818,204	5,197,156	6,967,489	8,133,083	9,721,128	11,817,154
V	Reserve per domain			7.93	3.98	2.39	2.12	1.99	1.17	1.34	1.32	0.93	1.03	1.14	1.26	1.20	1.19	1.20
	*For its Registry Operation CORE may use the EURO instead of USD
D1	CORE in its com/net/org registration activity experiences an average duration of 1.3,					H1	In this financial projection incomes from registration are based on a linear						R	Total expenses in this financial projection are calculated on
	but this a more pessimistic scenario using an average duration growing progressively from 1.1						growth estimate which is most probably pessimistic for the activity in its							the basis of a probable rush effect in the early stages
							early stages.							of the registration activity