Financial Analysis of Silviculture Investment and Economic Returns (FANSIER)

About FANSIER

Financial Analysis of $ilviculture Investment and Economic Return (FANSIER) is a financial analysis software program. It replaces two previous programs:

• FANSY (Financial Analysis System) in SYLVER
• TIPSY Economist in TIPSY 

FANSIER includes both interactive and batch versions.

FANSIER calculates and reports several financial values. It helps forest managers make informed silviculture investment decisions at the stand level. Outputs include:

• Net Present Value (NPV)
• Site Value (SV), also known as soil expectation value or land rent
• Internal Rate of Return (IRR)

A side-by-side comparison of many silvicultural regimes is also possible.

FANSIER data

FANSIER imports specially formatted product log and lumber yield tables from SYLVER and TIPSY. These reflect the predicted outcomes of specific silviculture regimes. FANSIER utilizes B.C. based default values for:

Costs:

• Silviculture 
• Logging
• Hauling
• Milling

Prices:

• Log and lumber values by grade

Economic assumptions: 

• Discount and inflation rates
• Base year

Users can override any of these defaults.

Special features of FANSIER

FANSIER also incorporates special features supporting return-on-investment (ROI) analyses for the ministry’s Forests for Tomorrow and Land Based Investment Strategy. This includes calculating incremental IRR for silviculture regime pairs (treated and untreated), ignoring sunk costs. Refer to the Forests For Tomorrow Return on Investment website for more information.