Professional Documents
Culture Documents
Case
Case
Case
Revenues
403
2,183
3,748
4,994
5,821
6,249
6,435
6,495
6,481
EBITDA
Depreciation /
Amortization
(436)
(351)
1,339
2,809
3,859
4,611
4,973
5,100
5,084
5,001
552
966
1,213
1,333
1,084
1,109
1,020
822
605
EBIT
Interest
Expense, Net
Profit Before
Tax
(988)
811
(1,162
)
373
1,596
2,526
3,527
3,864
4,080
4,262
4,396
265
(1,253
)
387
(1,549
)
454
424
278
59
39
92
(81)
1,172
2,248
3,468
3,864
4,080
4,223
4,304
0
(1,253
)
0
(1,549
)
176
337
520
580
612
633
646
(81)
996
1,911
2,948
3,284
3,468
3,590
3,658
Taxes @ 15%
Net Income
Plus:
Depreciation &
Amortization
% Sales
Less: Capital
Expenditures
% Sales
Less: Change
in Net Working
Capital
% Sales
Unlevered
Free Cash
Flow
982
4.8%
2,10
0
12%
1,00
0
5.6%
2,00
0
13%
1,00
0
6.3%
1,90
0
13%
1,00
0
6.7%
1,813
13%
1,000.
0
6.9%
1,775
13%
1,000.
0
7.0%
1,000
7%
1,000.
0
7.1%
977
7%
991.
1
7.1%
821
6%
971.
3
7.1%
804
6%
965.
2
7.2%
657
5%
959.
1
7.3%
-562
-2.7%
200
1.1%
100
0.6%
100
0.7%
0.0
0.0%
0.0
0.0%
0.0
0.0%
0.0
0.0%
0.0
0.0%
0.0
0.0%
0.0
0.0%
1,640
900
705
540
610
531
455
440
472
449
466
1,924
9%