Saturn_Template_Spring_2009(1)

Saturn_Template_Spring_2009(1) - SATURN Proforma income and...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
SATURN Proforma income and cashflow statements Assumptions: 9-year plant life, 15% Plant life (years) 9 Inflation: 0% WACC 17.8% Tax rate 40% Working capital/sales 35% Option 1a: Expand at Spring Hill: Full Scale 0 1 2 3 4 5 6 7 8 9 10 11 SOURCE OF INFORMATION YEAR 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 REVENUE SIDE Exhibit 2 Unit Sales 0 0 0 178000 178000 178000 178000 178000 178000 178000 178000 178000 Exhibit 3 and 4B Price per unit $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 Units x price per unit Total revenue $2,225,000,000 $2,225,000,000 $2,225,000,000 $2,225,000,000 $2,225,000,000 $2,225,000,000 $2,225,000,000 $2,225,000,000 $2,225,000,000 EXPENSE SIDE Exhibit 2 Production cost/car $7,200 $7,200 $7,200 $7,200 $7,200 $7,200 $7,200 $7,200 $7,200 Units x costs per unit Total production costs -$1,281,600,000 $1,281,600,000 $1,281,600,000 $1,281,600,000 $1,281,600,000 $1,281,600,000 $1,281,600,000 $1,281,600,000 $1,281,600,000 Industry average (10% of sales) SG&A -$222,500,000 $222,500,000 $222,500,000 $222,500,000 $222,500,000 $222,500,000 $222,500,000 $222,500,000 $222,500,000 9 year, straight line Depreciation -$100,000,000 $100,000,000 $100,000,000 $100,000,000 $100,000,000 $100,000,000 $100,000,000 $100,000,000 $100,000,000 Total expenses -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 -$1,604,100,000 Total revenue minus total expenses EBIT $620,900,000 $620,900,000 $620,900,000 $620,900,000 $620,900,000 $620,900,000 $620,900,000 $620,900,000 $620,900,000 Taxes at 40% Taxes $248,360,000 $248,360,000 $248,360,000 $248,360,000 $248,360,000 $248,360,000
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

Saturn_Template_Spring_2009(1) - SATURN Proforma income and...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online