What is Comfar III Expert 3.2?
Comfar III Expert 3.2 is the latest version of the software that was first released in 1983 as COMFAR, the COmputer Model for Feasibility Analysis and Reporting. The software has been constantly updated and improved by UNIDO to meet the technical developments and user requests. The software has more than 11,000 users in over 160 countries and it complements the UNIDO Manual for the Preparation of Industrial Feasibility Studies .
Comfar III Expert 3.2 is a valuable aid in the analysis of investment projects. The main module of the program accepts financial and economic data, produces financial and economic statements and graphical displays, and calculates measures of performance. Supplementary modules assist in the analytical process. Cost-benefit and value-added methods of economic analysis developed by UNIDO are included in the program, with allowance made for the methods used by major international development institutions .
The program is applicable for the analysis of investment in new projects and expansion or rehabilitation of existing enterprises, such as in the case of re-privatization projects. For joint ventures, the financial perspective of each partner or class of shareholder can be developed. Analysis can be performed using a variety of assumptions concerning inflation, currency revaluation, and price escalations .
What are the features of Comfar III Expert 3.2?
Comfar III Expert 3.2 has many features that make it user-friendly and flexible. Some of the main features are:
Easy to access and operate: The software has a graphical user interface that makes it easy to use even for those with no special computer knowledge. The software is compatible with MS Windows 7/8/10 and 11 by installing the accompanying HASP driver for the specific operating system version. The user can specify the project type (industrial, agro-industrial, infrastructure, tourism, or mining) and the level of analysis (opportunity or feasibility study), and then be guided through data entry, data saving, calculations, display, and printing of result schedules and graphical charts .
User-defined flexibility: The software allows users to customize their analysis according to their needs. The main features are:
Variable planning horizon: up to 60 years
Variable time structure: construction and startup periods can be specified separately from operation period
Up to 20 products can be specified
Data may be entered in up to 20 currencies
Economic analysis option: cost-benefit or value-added methods can be selected
Cash flow model: The software uses a cash flow model to calculate the financial and economic performance indicators, such as net present value (NPV), internal rate of return (IRR), benefit-cost ratio (BCR), payback period (PP), return on equity (ROE), etc.
Financial analysis (enterprise level): The software produces financial statements such as balance sheet, income statement, cash flow statement, sources and uses of funds statement, etc., for each year of the project life cycle. The software also calculates financial ratios such as debt-equity ratio, current ratio, profitability ratio, etc.
Economic analysis (macro level): The software converts the financial data into economic data by applying conversion factors such as shadow prices, social discount rate, domestic resource cost, etc. The software then produces economic statements such as economic balance sheet, economic income statement, economic cash flow statement, etc., for each year of the project life cycle. The software also calculates economic performance indicators such as economic net present value (ENPV), economic internal rate of return (EIRR), economic benefit-cost ratio (EBCR), etc.
Graphical presentation of results: The software displays the results of the analysis in graphical form, such as bar charts, pie charts, line charts, etc. The user can select the type of chart, the variables to be displayed, the time period, the scale, the colors, etc.
Non-industrial investment projects: The software can also handle non-industrial investment projects such as infrastructure, tourism, or mining projects. The user can specify the relevant parameters such as capacity utilization, operating costs, revenues, taxes, subsidies, depreciation, etc.
How to get Comfar III Expert 3.2?
If you are interested in Comfar III Expert 3.2, you can download a demonstration version for free from the UNIDO website. The demonstration version has some limitations such as a maximum of 10 years of project life cycle and a maximum of 5 products. However, it can give you an idea of how the software works and what it can do for you.
If you want to purchase the full version of the software, you can contact UNIDO at comfar@unido.org or visit their website for more information. The price of the software depends on the type of license (single user or network), the number of users, and the country of residence. UNIDO offers discounts for academic institutions and developing countries.
Conclusion
Comfar III Expert 3.2 is a powerful and user-friendly software that can help you analyze your investment projects and make informed decisions. Whether you are an entrepreneur, a manager, a consultant, a researcher, or a student, you can benefit from this tool that has been developed by UNIDO with more than 30 years of experience and expertise. Comfar III Expert 3.2 can help you evaluate the financial and economic feasibility and profitability of your industrial or non-industrial ventures and simulate their short- and long-term situation under various scenarios and assumptions.
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