Dot Nom Registry Operator Financial Projections (Quarterly over 4 Years, High 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		100	102	104	106	108	110	112	114	116	118	120	122	124	126	128	130
A4	Number of staff		8	9	10	11	12	14	15	17	19	21	23	26	29	32	36	40
B	Price per domain year			5.00	4.00	3.00	2.50	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
C	Financing balance required per member		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	20,000	20,000	20,000
D	Number of registrations (domains)		0	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	2,018,151	2,400,000	2,854,097	3,394,113
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						218,182	254,645	297,203	346,873	404,843	472,502	551,469	643,633	751,200	876,743	1,023,269	1,194,282
D3	Number of registrations (years)		0	330,000	399,864	484,518	840,976	1,013,305	1,221,036	1,471,460	1,773,372	2,137,384	2,576,298	3,105,563	3,743,820	4,513,566	5,441,950	6,561,738
D4	Cumulated registered domains		0	300,000	656,762	1,081,026	1,585,564	2,185,564	2,899,088	3,747,616	4,756,692	5,956,692	7,383,741	9,080,797	11,098,948	13,498,948	16,353,045	19,747,158
E	Domains Registered per year					1,081,026				2,666,590				5,333,181				10,666,361
F	RECEIPTS OF FUNDS
G1	Aggregate new members' contribution		1,120,000	80,000	80,000	60,000	60,000	60,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000	40,000
G2	Aggregate current members' additional contribution		0	0	0	-1,040,000	0	0	-1,100,000	0	0	0	0	0	0	0	0	0
H1	Income from registrations		0	1,650,000	1,599,454	1,453,553	2,102,441	2,026,610	2,442,072	2,942,920	3,546,745	4,274,768	5,152,596	6,211,126	7,487,641	9,027,132	10,883,899	13,123,475
I	TOTAL RECEIPTS FOR QUARTER		1,120,000	1,730,000	1,679,454	473,553	2,162,441	2,086,610	1,382,072	2,982,920	3,586,745	4,314,768	5,192,596	6,251,126	7,527,641	9,067,132	10,923,899	13,163,475
J	TOTAL Receipts of funds over Year					5,003,008				8,614,043				19,345,236				40,682,148
K	USE OF FUNDS
L1	MANAGEMENT, STAFF, CONSULTANTS
L2	Compensation and social security		200,000	225,000	250,000	275,000	300,000	350,000	375,000	425,000	475,000	525,000	575,000	650,000	725,000	800,000	900,000	1,000,000
L3	Office space, equipment, supplies, miscellaneous		20,000	22,270	24,799	27,614	30,749	34,240	38,127	42,455	47,275	52,641	58,617	65,272	72,682	80,933	90,121	100,352
M1	TECHNICAL RESOURCES
M2	Main SRS Site		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		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		200,000	50,000	50,000	162,154	237,835	327,835	434,863	562,142	713,504	893,504	1,107,561	1,362,120	1,664,842	2,024,842	2,452,957	2,962,074
M5	SRS software and standard development		300,000	60,000	60,000	60,000	172,971	238,425	316,264	408,831	518,912	649,821	805,499	990,632	1,210,794	1,472,613	1,783,969	2,154,235
N	LEGAL EXPENSES		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		76,000	32,864	35,186	43,220	55,193	66,881	78,927	94,122	111,562	131,657	154,892	183,094	215,695	253,505	298,737	351,281
Q	ICANN gTLD REGISTRY FEES		25,000	25,000	25,000	25,000	50,000	50,000	50,000	50,000	75,000	75,000	75,000	75,000	100,000	100,000	100,000	100,000
R	TOTAL EXPENSES FOR QUARTER		1,621,000	715,134	763,905	932,619	1,209,048	1,454,496	1,707,459	2,026,560	2,417,807	2,839,801	3,327,742	3,919,972	4,629,587	5,423,608	6,373,476	7,476,909
S	TOTAL Use of funds over Year					4,032,659				6,397,563				12,505,322				23,903,580
T	Cash flow		-501,000	1,014,866	915,549	-459,066	953,392	632,114	-325,387	956,360	1,168,938	1,474,967	1,864,855	2,331,154	2,898,053	3,643,525	4,550,423	5,686,566
U	Reserve		999,000	2,013,866	2,929,415	2,470,349	3,423,741	4,055,855	3,730,468	4,686,828	5,855,766	7,330,733	9,195,588	11,526,742	14,424,796	18,068,320	22,618,743	28,305,310
V	Reserve per domain			6.71	4.46	2.29	2.16	1.86	1.29	1.25	1.23	1.23	1.25	1.27	1.30	1.34	1.38	1.43
	*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