Credit Suisse Investment Banking Pitch Book
CONFIDENTIAL
Iverson Financial Projections
($ in millions)
Revenue
% Growth
Costs and expenses.
Operating
Addi SG&A
Depreciation and amortization
Amort of aquisition intangibles
Total costs and expenses
Operating income
% Margin
EBITDA
% Margin
Working Capital Changes
Capital Spending
% Revenue
$
CREDIT FIRST
SUISSE BOSTON
2004
2,3642 S
42.6%
(1,854 4)
(75.5)
(982)
(2,028.1)
336.1
14.2%
Source: Solar Management
(1) Proforma for OSSI, Vivista. Integrity and RRI acquisitions
509.8 $
21.6%
41.7
(65.4)
2.8%
2004P(¹)
2,561.9 $
345.6
13.5%
547.1 $
21.4%
2005
2,609.7 $ 2,813.2 S
1.9%
7.8%
(2,024.2)
(73.5)
(119.1)
(2,216.9)
392.8
15.1%
585.5 $
22.4%
2006
(27.1)
(103.4)
4.0%
(2,137 2)
(77.6)
(1284)
(2,343.1)
470.1
16.7%
676.1 S
24.0%
(34.4)
(98.3)
3.5%
2007
3,036.7 S
7.9%
(2,271.9)
(81.0)
(119.1)
(2.472.0)
564.7
18.6%
764.8 S
25.2%
13.9
(98.0)
3.2%
2008
3,228.1 $
6.3%
(2,404.8)
(85.1)
(105.5)
(2,595.4)
632.7
19.6%
823.2 $
25.5%
14.6
(80.7)
2.5%
2009
3,431 4
6.3%
(2,550 8)
(89.3)
(84.4)
(2,7246)
706.9
20.6%
880.6
25,7%
15.3
(85.8)
2.5%
22View entire presentation