128543168013951498538236161318495281417042889
P3537553230045772114781562567236168919255532435342889
Q3642573731248175715501612592236174819845737449942888
R3675583332249578015971627605236176820045833455842884
S3706592932551080416391649619236178720235929461642886
T3817610733052582816821703637236184820846107475542890
ShorttermdebtAccou
tspayableOthercurre
tliabilitiesTotalcurre
tliabilitiesLo
gtermdebtDeferredi
cometaxesCommo
stockRetai
edear
i
gsTotalcommo
equityTotalliabilitiesa
dequity
I
vestedcapitalDebti
vestedcapitalNOPLATi
vestedcapitalROICdirectforecast
TABLE3HISTORICALFREECASHFLOWFreecashflowReve
uesOperati
gexpe
sesDepreciatio
EBITTaxeso
EBITRevaluatio
ofdeferredi
cometaxesCha
gei
deferredi
cometaxesNOPLATAddbackdepreciatio
GrosscashflowCha
gei
worki
g5222320589372264272324961121154132995274713011846235003205150145601418938361771767405054467426411644
TABLE7FORECASTEDFREECASHFLOW159865388287311121002690662153203711450046272320592376826914369399156003928236965148467762041043717000393054107155924483194514731850038326451777699978997491508198003634649183771070996385305412110033363530893811361102255655712230029377565943911936107425975962330025389597986101229411065625605236001338262510071112663113976406262440013396640103512130431173964565925700194216451066
236993162
1690112202
29101130231
41126150276
55157177334
0274264338
55244287532
2
fMCKAYVALUATIONBYFREECASHFLOWANDABNORMALEARNINGSMETHODSFILEMCK_1XLS
103104105106107108109110111112113114115116117118119120121122123124125126127128129130131132133134135136137138139140141142143144145146147148149150151152153
Acapitalifi
creaseCapitalexpe
dituresifpositiveGrossi
vestme
tFreecashflow
B
C51224275113r