The total investment value of the Second Track project amounts to 928 mio EUR (without taxes) at constant prices (January2021) or 940 mio EUR in current prices. A more detailed presentation can be found in the table below.

Summary of investment costs without VAT (in million EUR)

 

Investment costs excluding VAT	Current prices	Fixed prices
A. Implementation works	932	916
A.1 Batch 1	404	404
A.2 Batch 2	228	228
A.3 Batch 3	256	240
A.4 Other	45	45
B. Procurement and other costs	15	15
C. Services	127	127
D. TOGETHER (A+B+C)	1.075	1.058
E. Reserves for unforeseen expenses(% A+C, no unforeseen works)	90	83
F. Already spent costs of services and purchases before 2018	– 55	– 55
G. TOGETHER WITH RESERVES	1.109	1.085

Source: UIPZ, Eplan d.o.o.

The results from the NIP show that the project is economically justified. This is confirmed by the economic net present value (ENV) in the amount of EUR 408 million, the economic internal rate of return (EISD) in the amount of 8.36% and the benefit-cost ratio (K/S) of 2.17.