Considering the available revenue and expenditure projections, however, we deemed it advisable to extend the analysis to the TFS. According to its business plan, the TFS was estimated to have collected TSh 68,173,076,760 in 2013 and 2014 from various receipts, licenses and other miscellaneous payments such as forestry royalties and fees. For the purposes of making the case, it is assumed these hectares are managed by the TFS.