Cash flows and Proformas - Exhibits-2

Cash flows and Proformas - Exhibits-2 - 160 Gross Cash Flow...

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Exhibit TN1 Zippo Project Income Statement and Balance Sheet (Student Case) Income Statement Cash Flow Year 0 1 2 3 4 5 Year 0 1 2 3 4 5 Revenues 1,000 1,030 1,061 1,093 1,126 Initial (850) COGS (600) (618) (637) (656) (675) Operating - 74 275 282 290 298 Operating Expenses (50) (50) (50) (50) (50) Terminal - - - - - 545 Depreciation (160) (160) (160) (160) (160) Incremental CF (850) 74 275 282 290 843 Profit Before Tax 190 202 214 227 240 Taxes (76) (81) (86) (91) (96) Profit After Tax 114 121 129 136 144 Inputs + Depreciation 160 160 160 160
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Unformatted text preview: 160 Gross Cash Flow 274 281 289 296 304 Sales Growth 3%-Inc / +Dec in NWC (200) (6) (6) (6) (7) COGS 60%- CAPEX- - - - - Tax Rate 40% Operating Cash Flow 74 275 282 290 298 NW Capital % 20% Balance Sheet Discounted CF (850) 64 208 186 166 419 NPV 193 Year 1 2 3 4 5 Assets Outputs NWC- 200 206 212 219 225 Buildings 800 640 480 320 160 - IRR % 21.74% Land 50 50 50 50 50 50 NPV @ 15% $193 Total Assets 850 890 736 582 429 275 Liabilities...
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This note was uploaded on 05/09/2011 for the course BUSI 408 taught by Professor Zeighamkhokher during the Spring '11 term at University of North Carolina School of the Arts.

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