Citi Investment Banking Pitch Book
Papa Finances (Projected Paydown)
(Simons, excepper share)
Dola Mora)
EBITDA
Papa EBITDA
Charle EBITDA
Less: Old Interesi Expense
New heresi Expense
Cash Taxes
Cap
Expenditures
Pluus/Less: Tax Adlus meni
Lored Free Cach Ro
Credit Bacioc
To Debl
To Debli BITDA
Do Mora)
EBITDA
Papa EBITDA
Charte EBITDA
Less: Old heresi Experse
New heres Expense
Cash Taxes
Cpl Expenditures
Plus Less: Tax Adlus menl
Lored Free Cach Ro
Credit Bactio
Tom Debl
To Debl EBITDA
34
10% Premium
2004E
$3,245
785
2,459
(641)
(4700
(75)
(1247)
153
386
2004E
$3,245
795
2,459
2006 E
$3,78+
9:51
2X3
(6+1)
(528)
(75)
(1247)
153
208
$17,45€
(585)
(515)
(525)
(504)
(455)
(1,747) (1,578)
+
ZZ
$701
20% Premium
(245)
2008 E
14,278
1,025
3,252
2006 E
$3,784
951
ZXE
(585)
(576)
(1,747)
ZZ
1837
#1,141
$16,715 $16,400 $15,769 $14,243
52.33.7x__23_____22_
2008 E
$4,278
1,025
3,252
(525)
(545)
(1,578)
+
1,102
2007 E
$50
$17,122 $16,509
5.4x4.5% 3%
1,795
3,722
(434)
(563)
(701)
(1,456)
24
$1,328
2007 E
$50
2003 E
$5,533
1,348
1,795
3,772
(45)
(5729)
(575)
(1,496)
24
$1,728
4,135
(+0+)
(495)
(505)
(1,3530
(200
$2,368
$12,112
2003 E
$5.533
1,348
4,135
(404)
(564)
(372)
(1,3530
(200
$2,3 13
$15,109 $13,015
30x2.4x
'03-02-
CAOR
1+3%
14.4
142
68.496
02-03
CUR
143%
14.4
142
86.3%
DRAFT
29-Jun-04
Citigroup]View entire presentation