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Group 01 - Excel Financial Dashboard
Group 01 - Excel Financial Dashboard
Output Variables
Variables
ROE
P/E Ratio
NPV
Revenues
Net Sales
Total revenues
Gross profit
Operating expenses
Research and Development
Selling, general and administrative (adjusted)
Total operating expenses
EBIT
Income tax
Net income (loss)
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets (adjusted)
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
$4.50and
31, 2007 Series
2006:– 1,673,000 shares (callable at
$120)$3.50 Series – 700,000 shares (callable at
Common
$102) stock, $.30 par value; 1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
$4.50and
31, 2007 Series
2006:– 1,673,000 shares (callable at
$120)$3.50 Series – 700,000 shares (callable at
Common stock, $.30 par value; 1,800,000,000
$102)
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
2007 2008 2009
n millions)
Data source Affected cells 2007
Case (exh. 5 and 9); Forecast dengan moving average E14:N14; O14:R14 $ 4,347
ollar in millions)
Data source Affected cells 2007
Case (exh. 5); Forecast dengan moving average E31:N31; O31:R31 $ 107
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E32:I32;J32:R32
CONSOLIDATED STATEMENTS
$ OF CASH
53 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E33:I33;J33:R33
CONSOLIDATED STATEMENTS
$ OF CASH
(41) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E35:I35;J35:R35
CONSOLIDATED STATEMENTS
$ OF CASH
(32) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E36:I36;J36:R36
CONSOLIDATED STATEMENTS
$ OF CASH
(40) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E38:I38;J38:R38
CONSOLIDATED STATEMENTS
$ OF CASH
70 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E39:I39;J39:R39
CONSOLIDATED STATEMENTS
$ OF CASH
(22) FLOWS 2010-2012
$ 370
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E42:I42;J42:R42
CONSOLIDATED STATEMENTS
$ OF CASH
(235) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E43:I43;J43:R43
CONSOLIDATED STATEMENTS
$ OF CASH
(17) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E44:I44;J44:R44
CONSOLIDATED STATEMENTS
$ OF CASH
(2) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E45:I45;J45:R45
CONSOLIDATED STATEMENTS
$ OF CASH
37 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E46:I46;J46:R46
CONSOLIDATED STATEMENTS
$ OF CASH
(6) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E47:I47;J47:R47
CONSOLIDATED STATEMENTS
$ OF CASH
(42) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E48:I48;J48:R48
CONSOLIDATED STATEMENTS
$ OF CASH
5 FLOWS 2010-2012
$ (259)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E51:I51;J51:R51
CONSOLIDATED STATEMENTS
$ OF CASH
(208) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E52:I52;J52:R52
CONSOLIDATED STATEMENTS
$ OF CASH
165 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E54:I54;J54:R54
CONSOLIDATED STATEMENTS
$ OF CASH
296 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E55:I55;J55:R55
CONSOLIDATED STATEMENTS
$ OF CASH
(512) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E56:I56;J56:R56
CONSOLIDATED STATEMENTS
$ OF CASH
(251) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E57:I57;J57:R57
CONSOLIDATED STATEMENTS
$ OF CASH
66 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E58:I58;J58:R58
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E59:I59;J59:R59
CONSOLIDATED STATEMENTS
$ OF CASH
(10) FLOWS 2010-2012
Endogeneous variable E60:R60 $ (454)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E61:I61;J61:R61
CONSOLIDATED STATEMENTS
$ OF CASH
3 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E62:I62;J62:R62
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
Endogeneous variable E63:I63;J63:R63 $ (340)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) ; Endogenous
E64;F64:R64
Variable $ 268
Endogeneous variable E65:R65 $ (71)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E68:I68;J68:R68
CONSOLIDATED STATEMENTS
$ OF CASH
78 FLOWS 2010-2012
Endogeneous variable E69:R69 $ 92
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E92:N92; J92:R92
STATEMENTS
$ OF CASH
469FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E93:N93; J93:R93
STATEMENTS
$ OF CASH
203FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E94:N94; J94:R94
STATEMENTS
$ OF CASH
26FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E95:N95; J95:R95
STATEMENTS
$ OF CASH
566FLOWS 2010-2012
Endogeneous variable E96:R96 $ 1,264
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E97:I97;J97:R97 STATEMENTS
$ OF CASH
881FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E98:N98; J98:R98STATEMENTS
$ OF CASH
1,074FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E99:N99; J99:R99STATEMENTS
$ OF CASH
119FLOWS 2010-2012
Endogeneous variable $ 3,337
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E105:N105; J105:R105 $ OF CASH25FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E106:N106; J106:R106 $ OF CASH10FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E107:N107; J107:R107 $ OF CASH44FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E108:N108; J108:R108 $ OF CASH
1,210FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E109:N109; J109:R109 $ OF CASH
1,472FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E110:N110; J110:R110 $ OF CASH
(117)FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E111:N111; J111:R111 $ OF CASH
(995)FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED STATEMENTS
E112:N112; J112:R112 $ OF CASH
1,648FLOWS 2010-2012
Endogeneous variable $ 4,985
2007
$ 131
$ 5,683
$ 5,278
$ 199
$ 564
$ 11,855
$ 26,593
$ 15,733
$ 10,860
$ 2,074
$ 2,856
$ 818
$ 4,363
$ 32,826
$ 3,172
$ 1,370
$ 176
$ 3,823
$ 8,541
$ 5,955
$ 7,255
$ 802
$ 22,553
$ 167
$ 70
$ 296
$ 8,179
$ 9,945
$ (794)
$ (6,727)
$ 11,136
$ 33,689
2010 2011 2012E 2013E 2014E 2015E 2016E
$ 69 $ 56 $ 48 $ 46 $ 50 $ 48 $ 48
$ 4,299 $ 3,303 $ 3,503 $ 3,967 $ 3,957 $ 4,119 $ 4,286
$ 4,368 $ 3,359 $ 3,551 $ 4,013 $ 4,007 $ 4,167 $ 4,334
$ (8) $ 69 $ 255 $268 $445 $ 463 $ 482
$ - $ 17 $ 64 $ 67 $ 111 $ 116 $ 121
$ (8) $ 52 $ 191 $ 201 $ 334 $ 347 $ 362
$ 50 $ 60 $ 92 $ 67 $ - $ - $ -
$ - $ 17 $ 64 $ 67 $ 111 $ 116 $ 121
$ 24 $ 22 $ 20 $ 23 $ 22 $ 22 $ 22
$ 10 $ 9 $ 8 $ 10 $ 9 $ 9 $ 9
$ 42 $ 39 $ 36 $ 42 $ 39 $ 39 $ 40
$ 1,197 $ 1,112 $ 1,115 $ 1,389 $ 1,205 $ 1,237 $ 1,277
$ 1,493 $ 1,406 $ 1,453 $ 1,845 $ 1,568 $ 1,622 $ 1,679
$ (788) $ (758) $ (721) $ (1,203) $ (894) $ (939) $ (1,012)
$ (961) $ (883) $ (813) $ (925) $ (874) $ (870) $ (890)
$ 1,018 $ 947 $ 1,099 $ 1,181 $ 1,076 $ 1,119 $ 1,125
$ 5,110 $ 4,956 $ 4,804 $ 6,478 $ 5,413 $ 5,565 $ 5,819
$ 49 $ 48 $ 48 $ 48 $ 48 $ 48
$ 4,458 $ 4,639 $ 4,423 $ 4,468 $ 4,471 $ 4,413
$ 4,507 $ 4,687 $ 4,471 $ 4,517 $ 4,519 $ 4,462
501 521 540 559 579 600
$ 125 $ 130 $ 135 $ 140 $ 145 $ 150
$ 376 $ 391 $ 405 $ 419 $ 434 $ 450
$ 72 $ 76 $ 74 $ 74 $ 75 $ 74
$ 23 $ 22 $ 23 $ 23 $ 23 $ 23
$ 549 $ 561 $ 573 $ 590 $ 604 $ 620
$ - $ - $ - $ - $ - $ -
$ 125 $ 130 $ 135 $ 140 $ 145 $ 150
$ 22 $ 22 $ 22 $ 22 $ 22 $ 22
$ 9 $ 9 $ 9 $ 9 $ 9 $ 9
$ 39 $ 39 $ 40 $ 39 $ 40 $ 40
$ 1,240 $ 1,251 $ 1,256 $ 1,249 $ 1,252 $ 1,252
$ 1,623 $ 1,641 $ 1,648 $ 1,637 $ 1,642 $ 1,642
$ (948) $ (967) $ (976) $ (964) $ (969) $ (969)
$ (878) $ (879) $ (882) $ (880) $ (880) $ (881)
$ 1,107 $ 1,117 $ 1,116 $ 1,113 $ 1,116 $ 1,115
$ 5,599 $ 5,661 $ 5,693 $ 5,651 $ 5,668 $ 5,671
Income Statement (dollars in millions) of Dupont Group
2007 2008 2009 2010
Revenues
Net Sales $ 29,378 $ 30,529 $ 26,109 $ 31,505
% of DPC from Dupont Group 14.80% 14.28% 13.13% 12.08%
$ 2,822 $ 2,888 $ 2,940
$ - $ - $ -
$ 2,822 $ 2,888 $ 2,940
2011 2012 2013 2014 2015 2016 2017 2018
$ 25,298 $ 25,532
20.15% 19.82%
Business As Usual (B.A.U.) Model
Input Variables
Input Variable
Inventory change
Net sales change
Interest rate change
SG&A change
Property, plant, and equipment change
Common stock change
R&D cost change
Revenues
Net Sales
Total revenues
Gross profit
Operating expenses
Research and Development
Selling, general and administrative (adjusted)
Total operating expenses
EBITDA
Income tax
Net income (loss)
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets (adjusted)
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
31, 2007
$4.50 and –2006:
Series 1,673,000 shares (callable at $120)
$3.50
Common Series – 700,000
stock, $.30 parshares
value; (callable at $102)
1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
$4.50and
31, 2007 Series
2006:– 1,673,000 shares (callable at
$120)$3.50 Series – 700,000 shares (callable at
Common
$102) stock, $.30 par value; 1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
U.) Model
n millions)
Data source Affected columns 2007
Case (exh. 5 and 9); Forecast dengan moving average E:N; O:R $ 4,347
ollar in millions)
Data source Affected columns 2007
Income Statement E:R $ 275
Case (exh. 5); Forecast dengan moving average E:N; O:R $ 107
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
53 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(41) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(32) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(40) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
70 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(22) FLOWS 2010-2012
$ 370
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(235) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(17) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(2) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
37 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(6) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(42) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
5 FLOWS 2010-2012
$ (259)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(208) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
165 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
296 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(512) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(251) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
66 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(10) FLOWS 2010-2012
Endogeneous variable E:R $ (454)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
3 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
Endogeneous variable E:I;J:R $ (340)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) ; Endogenous
E;F:R
Variable $ 268
Endogeneous variable E:R $ (71)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
78 FLOWS 2010-2012
Endogeneous variable E:R $ 92
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
469FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
203FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
26FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
566FLOWS 2010-2012
Endogeneous variable E:R $ 1,264
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:I;J:R STATEMENTS
$ OF CASH
881FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,074FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS OF CASH
$ 119FLOWS 2010-2012
Endogeneous variable $ 3,337
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH25FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH10FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH44FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,210FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,472FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
(117)FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
(995)FLOWS 2010-2012
Endogeneous variable E:R $ 1,648
Endogeneous variable $ 4,985
2007
$ 131
$ 5,683
$ 5,278
$ 199
$ 564
$ 11,855
$ 26,593
$ 15,733
$ 10,860
$ 2,074
$ 2,856
$ 818
$ 4,363
$ 32,826
$ 3,172
$ 1,370
$ 176
$ 3,823
$ 8,541
$ 5,955
$ 7,255
$ 802
$ 22,553
$ 167
$ 70
$ 296
$ 8,179
$ 9,945
$ (794)
$ (6,727)
$ 11,136
$ 33,689
2010 2011 2012E 2013E 2014E 2015E 2016E
2.05% 37.22% -18.57% 4.10% 4.68% -4.23% 1.39%
11.03% 12.48% 4.00% 4.00% 4.00% 4.00% 4.00%
-79.02% 128.97% 17.28% -25.83% 16.60% 0.47% -5.03%
6.06% 13.25% -0.25% 4.10% 4.03% 4.04% 4.05%
-4.64% 24.41% -11.78% 1.49% 3.41% -2.67% 0.70%
-6.75% 14.93% -6.56% 0.05% 2.31% -1.52% 0.26%
-14.29% -4.17% 8.70% -4.00% 0.00% 1.39% -0.91%
$ 69 $ 56 $ 48 $ 46 $ 50 $ 48 $ 48
$ 4,299 $ 3,303 $ 3,503 $ 3,967 $ 3,957 $ 4,119 $ 4,286
$ 4,368 $ 3,359 $ 3,551 $ 4,013 $ 4,007 $ 4,167 $ 4,334
$ (8) $ 69 $ 255 $ 268 $ 445 $ 463 $ 482
$ - $ 17 $ 64 $ 67 $ 111 $ 116 $ 121
$ (8) $ 52 $ 191 $ 201 $ 334 $ 347 $ 362
$ 50 $ 60 $ 92 $ 67 $ - $ - $ -
$ - $ 17 $ 64 $ 67 $ 111 $ 116 $ 121
$ 24 $ 22 $ 20 $ 23 $ 22 $ 22 $ 22
$ 10 $ 9 $ 8 $ 10 $ 9 $ 9 $ 9
$ 42 $ 39 $ 36 $ 42 $ 39 $ 39 $ 40
$ 1,197 $ 1,112 $ 1,115 $ 1,389 $ 1,205 $ 1,237 $ 1,277
$ 1,493 $ 1,406 $ 1,453 $ 1,845 $ 1,568 $ 1,622 $ 1,679
$ (788) $ (758) $ (721) $ (1,203) $ (894) $ (939) $ (1,012)
$ (961) $ (883) $ (813) $ (925) $ (874) $ (870) $ (890)
$ 1,018 $ 947 $ 1,099 $ 1,181 $ 1,076 $ 1,119 $ 1,125
$ 5,110 $ 4,956 $ 4,804 $ 6,478 $ 5,413 $ 5,565 $ 5,819
$ 49 $ 48 $ 48 $ 48 $ 48 $ 48
$ 4,458 $ 4,639 $ 4,423 $ 4,468 $ 4,471 $ 4,413
$ 4,507 $ 4,687 $ 4,471 $ 4,517 $ 4,519 $ 4,462
$ 501 $ 521 $ 540 $ 559 $ 579 $ 600
$ 125 $ 130 $ 135 $ 140 $ 145 $ 150
$ 376 $ 391 $ 405 $ 419 $ 434 $ 450
$ 72 $ 76 $ 74 $ 74 $ 75 $ 74
$ 23 $ 22 $ 23 $ 23 $ 23 $ 23
$ 549 $ 561 $ 573 $ 590 $ 604 $ 620
$ - $ - $ - $ - $ - $ -
$ 125 $ 130 $ 135 $ 140 $ 145 $ 150
$ 22 $ 22 $ 22 $ 22 $ 22 $ 22
$ 9 $ 9 $ 9 $ 9 $ 9 $ 9
$ 39 $ 39 $ 40 $ 39 $ 40 $ 40
$ 1,240 $ 1,251 $ 1,256 $ 1,249 $ 1,252 $ 1,252
$ 1,623 $ 1,641 $ 1,648 $ 1,637 $ 1,642 $ 1,642
$ (948) $ (967) $ (976) $ (964) $ (969) $ (969)
$ (878) $ (879) $ (882) $ (880) $ (880) $ (881)
$ 1,107 $ 1,117 $ 1,116 $ 1,113 $ 1,116 $ 1,115
$ 5,599 $ 5,661 $ 5,693 $ 5,651 $ 5,668 $ 5,671
Output variables
Output variables 2007 (Base year) 2008 2009
EPS 11.03 4.85 6.35
Total Debt 1,083.86 1,378.17 1,448.72
Total Debt/EBITDA 2.96 -172.27 21.00
Equity/EBITDA 4.50 -127.19 13.73
Market capitalization 78.87 76.26 70.11
Enterprise Value (EV) 1,234.16 1,581.95 1,851.84
EV/EBITDA 3.37 -197.74 26.84
Input Variables
Input Variable
Inventory change
Net sales change
Interest rate change
SG&A change
Property, plant, and equipment change
Common stock change
R&D cost change
Revenues
Net Sales
Total revenues
Gross profit
Operating expenses
Research and Development
Selling, general and administrative (adjusted)
Total operating expenses
EBITDA
Income tax
Net income (loss)
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets (adjusted)
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
31, 2007
$4.50 and –2006:
Series 1,673,000 shares (callable at $120)
$3.50
Common Series – 700,000
stock, $.30 parshares
value; (callable at $102)
1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
$4.50and
31, 2007 Series
2006:– 1,673,000 shares (callable at
$120)$3.50 Series – 700,000 shares (callable at
Common
$102) stock, $.30 par value; 1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
2007 (Base year) 2008 2009
0.00% 3.89% -12.94%
0.00% 0.30% -21.38%
0.00% 30.23% -269.87%
0.00% 9.95% -23.17%
0.00% 1.46% -4.91%
0.00% -3.16% -8.07%
0.00% -2.82% -18.84%
n millions)
Data source Affected columns 2007
Case (exh. 5 and 9); Forecast dengan moving average E:N; O:R $ 4,347
ollar in millions)
Data source Affected columns 2007
Income Statement E:R $ 275
Case (exh. 5); Forecast dengan moving average E:N; O:R $ 107
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
53 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(41) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(32) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(40) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
70 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(22) FLOWS 2010-2012
$ 370
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(235) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(17) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(2) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
37 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(6) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(42) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
5 FLOWS 2010-2012
$ (259)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(208) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
165 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
296 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(512) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(251) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
66 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(10) FLOWS 2010-2012
Endogeneous variable E:R $ (454)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
3 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
Endogeneous variable E:I;J:R $ (340)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) ; Endogenous
E;F:R
Variable $ 268
Endogeneous variable E:R $ (71)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
78 FLOWS 2010-2012
Endogeneous variable E:R $ 92
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
469FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
203FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
26FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
566FLOWS 2010-2012
Endogeneous variable E:R $ 1,264
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:I;J:R STATEMENTS
$ OF CASH
881FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,074FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS OF CASH
$ 119FLOWS 2010-2012
Endogeneous variable $ 3,337
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH25FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH10FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH44FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,210FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,472FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
(117)FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
(995)FLOWS 2010-2012
Endogeneous variable E:R $ 1,648
Endogeneous variable $ 4,985
2007
$ 131
$ 5,683
$ 5,278
$ 199
$ 564
$ 11,855
$ 26,593
$ 15,733
$ 10,860
$ 2,074
$ 2,856
$ 818
$ 4,363
$ 32,826
$ 3,172
$ 1,370
$ 176
$ 3,823
$ 8,541
$ 5,955
$ 7,255
$ 802
$ 22,553
$ 167
$ 70
$ 296
$ 8,179
$ 9,945
$ (794)
$ (6,727)
$ 11,136
$ 33,689
2010 2011 2012E 2013E 2014E 2015E 2016E
2.05% 37.22% -18.57% 4.10% 4.68% -4.23% -10.55%
11.03% 12.48% 4.00% 4.00% 4.00% 4.00% 2.44%
-79.02% 128.97% 17.28% -25.83% 16.60% 0.47% 0.40%
6.06% 13.25% -0.25% 4.10% 4.03% 4.04% -9.30%
-4.64% 24.41% -11.78% 1.49% 3.41% -2.67% -8.70%
-6.75% 14.93% -6.56% 0.05% 2.31% -1.52% -11.26%
-14.29% -4.17% 8.70% -4.00% 0.00% 1.39% -36.30%
$ 69 $ 56 $ 48 $ 46 $ 50 $ 48 $ 48
$ 4,299 $ 3,303 $ 3,503 $ 3,967 $ 3,957 $ 4,120 $ 4,286
$ 4,368 $ 3,359 $ 3,551 $ 4,013 $ 4,007 $ 4,168 $ 4,334
$ (8) $ 69 $ 255 $ 268 $ 445 $ 463 $ 482
$ - $ 17 $ 64 $ 67 $ 111 $ 116 $ 120
$ (8) $ 52 $ 191 $ 201 $ 334 $ 347 $ 361
$ 50 $ 60 $ 92 $ 67 $ - $ - $ -
$ - $ 17 $ 64 $ 67 $ 111 $ 116 $ 120
$ 24 $ 22 $ 20 $ 23 $ 22 $ 22 $ 22
$ 10 $ 9 $ 8 $ 10 $ 9 $ 9 $ 9
$ 42 $ 39 $ 36 $ 42 $ 39 $ 39 $ 40
$ 1,197 $ 1,112 $ 1,115 $ 1,389 $ 1,205 $ 1,236 $ 1,277
$ 1,493 $ 1,406 $ 1,453 $ 1,845 $ 1,568 $ 1,622 $ 1,679
$ (788) $ (758) $ (721) $ (1,203) $ (894) $ (939) $ (1,012)
$ (961) $ (883) $ (813) $ (925) $ (874) $ (870) $ (890)
$ 1,018 $ 947 $ 1,099 $ 1,181 $ 1,076 $ 1,119 $ 1,125
$ 5,110 $ 4,956 $ 4,804 $ 6,478 $ 5,413 $ 5,565 $ 5,819
$ 49 $ 31 $ 25 $ 25 $ 26 $ 26
$ 4,459 $ 4,044 $ 3,928 $ 4,258 $ 4,471 $ 5,007
$ 4,507 $ 4,075 $ 3,953 $ 4,283 $ 4,497 $ 5,034
$ 501 $ 1,055 $ 1,289 $ 1,087 $ 1,058 $ 652
$ 125 $ 264 $ 322 $ 272 $ 265 $ 163
$ 375 $ 791 $ 967 $ 815 $ 794 $ 489
$ 72 $ 76 $ 74 $ 74 $ 75 $ 74
$ 23 $ 23 $ 24 $ 24 $ 24 $ 25
$ 549 $ 963 $ 1,136 $ 987 $ 965 $ 661
$ - $ - $ - $ - $ - $ -
$ 125 $ 264 $ 322 $ 272 $ 265 $ 163
$ 22 $ 22 $ 22 $ 22 $ 22 $ 22
$ 9 $ 9 $ 9 $ 9 $ 9 $ 9
$ 39 $ 35 $ 34 $ 36 $ 37 $ 39
$ 1,240 $ 1,251 $ 1,256 $ 1,249 $ 1,252 $ 1,252
$ 1,623 $ 1,641 $ 1,648 $ 1,637 $ 1,642 $ 1,642
$ (948) $ (967) $ (976) $ (964) $ (969) $ (969)
$ (878) $ (879) $ (882) $ (880) $ (880) $ (881)
$ 1,107 $ 1,112 $ 1,110 $ 1,110 $ 1,113 $ 1,114
$ 5,599 $ 5,656 $ 5,687 $ 5,647 $ 5,665 $ 5,670
Output variables
Output variables 2007 (Base year) 2008 2009
EPS 11.03 4.85 6.35
Total Debt 1,083.86 1,378.18 1,448.66
Total Debt/EBITDA 2.96 -172.23 21.02
Equity/EBITDA 4.50 -127.17 13.75
Market capitalization 78.87 76.26 70.11
Enterprise Value (EV) 1,234.16 1,581.97 1,851.83
EV/EBITDA 3.37 -197.70 26.87
Input Variables
Input Variable
Inventory change
Net sales change
Interest rate change
SG&A change
Property, plant, and equipment change
Common stock change
R&D cost change
Revenues
Net Sales
Total revenues
Gross profit
Operating expenses
Research and Development
Selling, general and administrative (adjusted)
Total operating expenses
EBITDA
Income tax
Net income (loss)
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets (adjusted)
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
31, 2007
$4.50 and –2006:
Series 1,673,000 shares (callable at $120)
$3.50
Common Series – 700,000
stock, $.30 parshares
value; (callable at $102)
1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
Assets
Current assets
Cash and cash equivalents
Marketable securities
Accounts and notes receivable, net
Inventory
Prepaid expenses
Income taxes
Total current assets
Property, plant and equipment, net
Less: Accumulated depreciation
Net property, plant and equipment
Goodwill
Other intangible assets
Investment in affiliates
Other assets
Total assets
Liabillities and stockholders' equity
Current liabilities
Account payable
Short-term borrowings and capital lease obligations
Income taxes
Other accrued liabilities
Total current liabillities
Long-term borrowings and capital lease
obligations
Other liabilities
Deferred income taxes
Total liabilities
Minority interests
Commitments and contingent liabilities
Stockholders’
Preferred stock,equity
without par value-cumulative;
23,000,000 shares authorized; issued at December
$4.50and
31, 2007 Series
2006:– 1,673,000 shares (callable at
$120)$3.50 Series – 700,000 shares (callable at
Common
$102) stock, $.30 par value; 1,800,000,000
shares authorized; Issued at December 31, 2007 –
986,330,000;
Additional 2006capital
paid-in – 1,009,109,000
Reinvested earnings
Accumulated
Common stock other
heldcomprehensive loss (Shares:
in treasury, at cost
December 31, 2007 and 2006 –
87,041,000)
Total stockholders' equity
Total liabilities and stockholders' equity
2007 (Base year) 2008 2009
0.00% 3.89% -12.94%
0.00% 0.30% -21.38%
0.00% 30.23% -269.87%
0.00% 9.95% -23.17%
0.00% 1.46% -4.91%
0.00% -3.16% -8.07%
0.00% -2.82% -18.84%
n millions)
Data source Affected columns 2007
Case (exh. 5 and 9); Forecast dengan moving average E:N; O:R $ 4,347
ollar in millions)
Data source Affected columns 2007
Income Statement E:R $ 275
Case (exh. 5); Forecast dengan moving average E:N; O:R $ 107
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
53 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(41) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(32) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(40) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
70 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(22) FLOWS 2010-2012
$ 370
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(235) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(17) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(2) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
37 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(6) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(42) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
5 FLOWS 2010-2012
$ (259)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(208) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
165 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
296 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(512) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(251) FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
66 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
(10) FLOWS 2010-2012
Endogeneous variable E:R $ (454)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
3 FLOWS 2010-2012
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
- FLOWS 2010-2012
Endogeneous variable E:I;J:R $ (340)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) ; Endogenous
E;F:R
Variable $ 268
Endogeneous variable E:R $ (71)
(1) DUPONT CONSOLIDATED STATEMENTS OF CASH FLOWS 2007-2009 (Page 65) (2) DUPONT
E:I;J:R
CONSOLIDATED STATEMENTS
$ OF CASH
78 FLOWS 2010-2012
Endogeneous variable E:R $ 92
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
469FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
203FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
26FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
566FLOWS 2010-2012
Endogeneous variable E:R $ 1,264
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:I;J:R STATEMENTS
$ OF CASH
881FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,074FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS OF CASH
$ 119FLOWS 2010-2012
Endogeneous variable $ 3,337
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH25FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH10FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH44FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,210FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
1,472FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
(117)FLOWS 2010-2012
[(1) DUPONT CONSOLIDATED BALANCE SHEETS 2007-2009 (Page 63) (2) DUPONT CONSOLIDATED
E:N; J:R STATEMENTS
$ OF CASH
(995)FLOWS 2010-2012
Endogeneous variable E:R $ 1,648
Endogeneous variable $ 4,985
2007
$ 131
$ 5,683
$ 5,278
$ 199
$ 564
$ 11,855
$ 26,593
$ 15,733
$ 10,860
$ 2,074
$ 2,856
$ 818
$ 4,363
$ 32,826
$ 3,172
$ 1,370
$ 176
$ 3,823
$ 8,541
$ 5,955
$ 7,255
$ 802
$ 22,553
$ 167
$ 70
$ 296
$ 8,179
$ 9,945
$ (794)
$ (6,727)
$ 11,136
$ 33,689
2010 2011 2012E 2013E 2014E 2015E 2016E
2.05% 37.22% -18.57% 4.10% 4.68% -4.23% 1.39%
11.03% 12.48% 4.00% 4.00% 3.00% 3.15% -2.71%
-79.02% 128.97% -15.00% -10.00% -7.00% 12.00% 27.00%
6.06% 13.25% 1.29% 2.00% 2.50% 1.70% 1.00%
-4.64% 24.41% -5.70% -6.20% -6.75% -7.80% -7.81%
-6.75% 14.93% -7.29% -5.71% 3.52% 7.51% 10.00%
-14.29% -4.17% 1.00% 1.00% 1.00% 1.00% 1.50%
$ 69 $ 56 $ 48 $ 46 $ 46 $ 47 $ 47
$ 4,299 $ 3,303 $ 3,503 $ 3,967 $ 4,018 $ 4,099 $ 4,201
$ 4,368 $ 3,359 $ 3,551 $ 4,013 $ 4,065 $ 4,145 $ 4,248
$ (8) $ 69 $ 255 $ 268 $ 388 $ 485 $ 521
$ - $ 17 $ 64 $ 67 $ 97 $ 121 $ 130
$ (8) $ 52 $ 191 $ 201 $ 291 $ 364 $ 391
$ 50 $ 60 $ 92 $ 67 $ - $ - $ -
$ - $ 17 $ 64 $ 67 $ 97 $ 121 $ 130
$ 24 $ 22 $ 20 $ 23 $ 22 $ 22 $ 22
$ 10 $ 9 $ 8 $ 10 $ 9 $ 9 $ 9
$ 42 $ 39 $ 36 $ 42 $ 39 $ 37 $ 38
$ 1,197 $ 1,112 $ 1,115 $ 1,389 $ 1,205 $ 1,237 $ 1,277
$ 1,493 $ 1,406 $ 1,453 $ 1,845 $ 1,568 $ 1,622 $ 1,679
$ (788) $ (758) $ (721) $ (1,203) $ (894) $ (939) $ (1,012)
$ (961) $ (883) $ (813) $ (925) $ (874) $ (870) $ (890)
$ 1,018 $ 947 $ 1,099 $ 1,181 $ 1,076 $ 1,116 $ 1,123
$ 5,110 $ 4,956 $ 4,804 $ 6,478 $ 5,412 $ 5,562 $ 5,816
$ 48 $ 49 $ 50 $ 53 $ 57 $ 62
$ 4,272 $ 4,315 $ 4,266 $ 3,839 $ 3,647 $ 3,538
$ 4,320 $ 4,364 $ 4,315 $ 3,892 $ 3,705 $ 3,600
$ 599 $ 422 $ 264 $ 321 $ 271 $ 296
$ 150 $ 106 $ 66 $ 80 $ 68 $ 74
$ 449 $ 317 $ 198 $ 241 $ 203 $ 222
$ 72 $ 76 $ 74 $ 74 $ 75 $ 74
$ 18 $ 23 $ 31 $ 46 $ 49 $ 52
$ 618 $ 488 $ 374 $ 435 $ 399 $ 420
$ - $ - $ - $ - $ - $ -
$ 150 $ 106 $ 66 $ 80 $ 68 $ 74
$ 22 $ 22 $ 22 $ 22 $ 22 $ 22
$ 9 $ 9 $ 9 $ 9 $ 9 $ 9
$ 41 $ 45 $ 53 $ 72 $ 90 $ 109
$ 1,240 $ 1,251 $ 1,256 $ 1,249 $ 1,252 $ 1,252
$ 1,623 $ 1,641 $ 1,648 $ 1,637 $ 1,642 $ 1,642
$ (948) $ (967) $ (976) $ (964) $ (969) $ (969)
$ (878) $ (879) $ (882) $ (880) $ (880) $ (881)
$ 1,108 $ 1,122 $ 1,130 $ 1,146 $ 1,166 $ 1,184
$ 5,600 $ 5,666 $ 5,706 $ 5,683 $ 5,719 $ 5,740
Output variables
Output variables 2007 (Base year) 2008 2009
EPS 11.03 4.85 6.35
Total Debt 1,083.86 1,378.17 1,448.72
Total Debt/EBITDA 2.96 -172.27 21.00
Equity/EBITDA 4.50 -127.19 13.73
Market capitalization 78.87 76.26 70.11
Enterprise Value (EV) 1,234.16 1,581.95 1,851.84
EV/EBITDA 3.37 -197.74 26.84