1.
0 | 1 | 2 | 3 | 4 | 5 | 6 | |
Sales | 447.00 | 447.00 | 447.00 | 447.00 | 447.00 | 447.00 | |
- cost of goods sold | 347.90 | 347.90 | 347.90 | 347.90 | 347.90 | 347.90 | |
Gross profit | 99.10 | 99.10 | 99.10 | 99.10 | 99.10 | 99.10 | |
-Annual charge | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | 4.80 | |
- Depreciation | 11.30 | 18.08 | 10.85 | 6.51 | 6.51 | 3.25 | |
EBIT | 83.00 | 76.22 | 83.45 | 87.79 | 87.79 | 91.05 | |
- Tax (35%) | 29.05 | 26.68 | 29.21 | 30.73 | 30.73 | 31.87 | |
Incremental earnings | 53.95 | 49.54 | 54.24 | 57.06 | 57.06 | 59.18 | |
+ Depreciation | 11.30 | 18.08 | 10.85 | 6.51 | 6.51 | 3.25 | |
- Incremental working capital | -28.20 | - | - | - | - | 28.20 | - |
- Capital Investment | -56.50 | - | - | - | - | - | - |
- Opportunity cost | -10.30 | - | - | - | - | - | - |
Incremental free cash flow | -95.00 | 65.25 | 67.62 | 65.09 | 63.57 | 91.77 | 62.43 |
2.
0 | 1 | 2 | 3 | 4 | 5 | 6 | |
Incremental free cash flow | -95.00 | 65.25 | 67.62 | 65.09 | 63.57 | 91.77 | 62.43 |
PVF (15.7%) | 1 | 0.864 | 0.747 | 0.646 | 0.558 | 0.482 | 0.417 |
Present value | -95.00 | 56.40 | 50.52 | 42.03 | 35.48 | 44.26 | 26.03 |
Net Present value | 159.71 |
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