Average Export Obligation under EPCG scheme excludes exports counted for prior authorizations and prorates by company age. Computation of the Average Export Obligation under the EPCG Scheme excludes exports counted for fulfilling specific export obligations under other EPCG authorizations within their valid obligation periods. For entities in existence more than three financial years, aggregate exports of the three preceding financial years (including zero years) are summed and divided by three. For entities in existence fewer than three preceding financial years, the denominator is the actual number of preceding financial years the entity has existed.