Financial Data Sheet (Extended Version)

Instructions

1 The Financial Data Sheet (FDS) is used by Enterprise Ireland to generate a standard financial model and
to calculate standard financial ratios. It is also employed to compute an economic cost benefit ratio.
2 The spreadsheet is password protected
3 Please do not insert additional rows or columns nor delete existing ones. Doing so may distort the results of
the financial model and financial ratios.
4 All monetary figures should be entered in thousands of Euro (€000's).
5 Please fill in all applicable cells on Company Input Sheet 1 & 2, leaving non-relevant cells empty.
Company Input Sheet 1 contains historic and projected financial information, including P&L and Balance Sheets.
Company Input Sheet 2 contains a pro-forma monthly cash flow for the next 12 months
A monthly
Company Inputcashflow
Sheet 3ismust
required; however,where
be completed it is not
thenecessary
company to
is submit it in
applying forthis format, asgrants
employment alternative formats will be accepted.

6 The Base year is normally selected as the latest accounting period which has elapsed, regardless of
whether audited accounts are available.
New Start-Ups should use 'Current Year' (Base Year+1) for first year of trading.
e.g. When completing the FDS in 2020 with a December year-end should select 31/12/2019 as base year.
However, if at least 10 months of management accounts are available and there is a reasonable expectation
that the end of year projections will be met, the current financial year is the base year.
e.g. When completing FDS in October 2020 with a December year-end should select 31/12/2020 as base year.
7 Please ensure that the totals of the Balance Sheet are balanced i.e. that the Net Assets in each year equal the total of the 'Financed By' section.
8 Additional clarification for each field is available by placing the mouse cursor over all cells with a red triangle located in the upper right corner

9 The FDS financial model is based on the assumption that short term funding is fully utilised i.e. invoicing discounting and overdraft facilities are drawn do

Colour Key

White cells represent areas available for Company input.

Yellow shading represents automatically calculated formulae [password protected].
Blue shading represents cells requiring input from Enterprise Ireland staff.

Last Update DL: 23/09/2020 17.40pm

Version 28.0
Last Update MR 11/10/2020 Update made in document tables to reflect RA and Other LT Liab correctly
mats will be accepted.

he total of the 'Financed By' section.

located in the upper right corner

ounting and overdraft facilities are drawn down in full.

Financial Data Sheet
Company A
Group Consolidated Accounts Please note Current Year date is greater than 10 months, it is reasonable to expect the company to meet its end
of year projections - current year should be used as the base year in this case. Please Refer to instruction 6

Information required prior to completing Statement of Comprehensive Income and Statement of Financial Position sections
Base Year-2 Base Year-1 Base Year Base Year+1 Base Year+2 Base Year+3 Base Year+4 Base Year+5
Year End 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
No. of Global Employees @ y/e (incl Irish employment) 0 0
No. of Irish Based Employees @ y/e 100 0 0
No. of Global R&D Employees @y/e 0 0
No. of Irish Based R&D Employees @ y/e 0 0
Total Irish Labour Costs (€000's) 0 0
Capitalised R&D (€000's) 0 0
VAT / PAYE / PRSI paid / (Received) in year 0 0
Bank Overdraft (Facility Limit for Projected Years) 0 0
Invoice discounting (Projected Year End Balance) 0 0
Site/Buildings Purchase 0 0
Site/Buildings Modifications 0 0
New Machinery / other Capex 0 0
Intangible asset (Excl Capitalised R&D) 0 0
Promoters' Equity Investment / (Divestment) 0 0
Other Equity Investment / (Divestment) 0 0
Dividends Paid to EI 0 0
Other Dividends Paid 0 0

Statement of Comprehensive Income

Year End 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
Account Status Audited Audited Management Projected Projected Projected Projected Projected
Sales €000's €000's €000's €000's €000's €000's €000's €000's
Own Product / Service Produced in Ireland & Exported 0 0
Own Product / Service Produced Abroad & sold Abroad 0 0
Own Product / Service Produced & Sold in Ireland 0 0
Distribution Sales of Other Co's Product 0 0
Total Sales 0 0 0 0 0 0 0 0
Direct Labour 0 0
Purchases 0 0
Other Cost of Goods Sold 0 0
Cost of Sales 0 0 0 0 0 0 0 0

Gross Profit/(Loss) 0 0 0 0 0 0 0 0
Selling, General & Admin Expenses 0 0
Indirect Labour (excluding R&D Salaries) 0 0
R&D Salaries 0 0
Other R&D expenditure 0 0
R&D Expenditure 0 0 0 0 0 0 0 0
Other Operating Expenses/(Gains) 0 0
Operating Expenditure 0 0 0 0 0 0 0 0

Operating Profit/(Loss) - EBITDA 0 0 0 0 0 0 0 0

Admin Charge 0 0 0 0 0
Interest Payable 0 0
Interest / Dividends (Receivable) 0 0
Depreciation 0 0
Amortisation 0 0
Grant Amortisation (This application only) 0 0 0 0 0
Remitted Profits to Ireland From Foreign Subsidiary 0 0
Non-Operating Expenses/(Gains) 0 0
Profit/(Loss) before Tax 0 0 0 0 0 0 0 0
Tax 0 0
Net Profit/(Loss) 0 0 0 0 0 0 0 0
Dividends 0 0
Profit Retained for the Year 0 0 0 0 0 0 0 0

Statement of Financial Position

Year End 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
€000's €000's €000's €000's €000's €000's €000's €000's
Fixed Assets
Intangible 0 0 0 0 0
Tangible Fixed Assets 0 0 0 0 0
Investments 0 0
Total Fixed Assets 0 0 0 0 0 0 0 0

Current Assets
Inventory 0 0
Trade Debtors 0 0
Bank/Cash 0 0 0 0 0
Connected Parties / Inter Company Loans 0 0
Prepayments / Other Debtors 0 0
Total Current Assets 0 0 0 0 0 0 0 0

Current Liabilities
Bank Overdraft (Facility Limit in Projected Years) 0 0 0 0 0 0 0 0
Invoice discounting (YE Balance) 0 0 0 0 0 0 0 0
Short Term loans / Leasing (<1 year) 0 0
Trade Creditors 0 0
Accruals / Other Creditors 0 0
Total Current Liabilities 0 0 0 0 0 0 0 0

Net Current Assets 0 0 0 0 0 0 0 0

Liabilities > 1 Year

Long Term Loans 0 0
Leases 0 0
Connected Parties / Inter Company Loans 0 0
Directors / Shareholders Loans 0 0
EI Grant Liability (This application only) 0 0 0 0 0
EI Repayable Advance 0 0 0 0 0
Other Long Term Liabilities 0 0
Total Liabilities > 1 Year 0 0 0 0 0 0 0 0

Net Assets 0 0 0 0 0 0 0 0

Financed by
Preference Shares 0 0
EI Equity Assistance (This application only) 0 0 0 0 0
Ordinary Shares & Share Premium 0 0 0 0 0
Provisions/Grants/Other Reserves 0 0
Retained Earnings 0 0 0 0 0 0 0
Shareholders Funds 0 0 0 0 0 0 0 0

Company Input Sheet 1 584618868.xlsx

Balance Sheet Test 0 0 0 0 0 0 0 0

Projected Cash Funding Table

Year End 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
€000's €000's €000's €000's €000's €000's €000's €000's

Cash Flow Statement For the year ended

Profit Retained for the Year 0 0 0 0 0 0 0

Add back; Depreciation / Amortisation 0 0 0 0 0 0 0

Working Capital (Increase)/Decrease

Stocks 0 0 0 0 0 0 0
Trade Debtors 0 0 0 0 0 0 0
Prepayments / Other Debtors 0 0 0 0 0 0 0
Trade Creditors 0 0 0 0 0 0 0
Accruals / Other Creditors 0 0 0 0 0 0 0
Total 0 0 0 0 0 0 0

Operating Cash Inflow / (Outflow) 0 0 0 0 0 0 0

Capex - Tangible 0 0 0 0 0 0 0
Capex - Intangible 0 0 0 0 0 0 0
Capital Expenditure 0 0 0 0 0 0 0

Cash available for Servicing Financing Obligations 0 0 0 0 0 0 0

Servicing of funding
Overdraft 0 0 0 0 0 0 0
ID facility 0 0 0 0 0 0 0
Short term loans/Leasing 0 0 0 0 0 0 0
Long term loans 0 0 0 0 0 0 0
Leasing 0 0 0 0 0 0 0
EI repayable advance 0 0 0 0 0
Group 0 0 0 0 0 0 0
Directors loans 0 0 0 0 0 0 0
Other financing requirements 0 0 0 0 0 0 0
Preferred equity 0 0 0 0 0 0 0
Ord equity 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0
Total obligations 0 0 0 0 0 0 0

Cash available after Servicing Financing Obligations 0 0 0 0 0 0 0

New funding
Overdraft 0 0 0 0 0 0 0
ID facility 0 0 0 0 0 0 0
Short term loans/Leasing 0 0 0 0 0 0 0
Long term loans 0 0 0 0 0 0 0
Leasing 0 0 0 0 0 0 0
EI repayable advance 0 0 0 0 0
EI grant 0 0 0 0 0
Group 0 0 0 0 0 0 0
Directors loans 0 0 0 0 0 0 0
Other financing requirements 0 0 0 0 0 0 0
Preferred equity 0 0 0 0 0 0 0
Ord equity 0 0 0 0 0 0 0
Other 0 0 0 0 0 0 0

Company Input Sheet 1 584618868.xlsx

Projections for Year 4 and 5 are populated automatically with figures from Year 3. You can
overwrite these figures should you wish.

Insert Additional Information

Insert Additional Information

Projections for Year 4 and 5 are populated automatically with figures from Year 3. You can
overwrite these figures should you wish.

e.g Bad Debts

This admin charge is a prepopulated EI calculation cell. NO INPUT REQUIRED FROM COMPANY

e.g. EI Grants

Insert Additional Information

e.g. VAT, prepaymnets

e.g. Accruals, tax

This is a prepopulated EI calculation cell. NO INPUT REQUIRED FROM COMPANY

Please provide a description of Other

Please provide a description of Other

Company Input Sheet 1 584618868.xlsx

A company may submit a monthly cashflow in its own format.
The template below aims to assist companies that currently do not prepare monthly cashflows.

The Rows and Columns below may be altered and new rows may be inserted. Companies are encouraged to include as much detail as possible.

Summary Monthly Cashflow Statement for the NEXT 12 MONTHS Total

Month End MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY
€000's €000's €000's €000's €000's €000's €000's €000's €000's €000's €000's €000's €000's
Operating Cash Inflow

Sales Receipts - Both with and without

Invoice Discounting support 0
Other Revenue - specify 0
Other Revenue - specify 0
Non - Operating Cash Inflow
Loan 1 0
Loan 2 0
Non EI Equity/Grants
Promoters' Equity Investment 0
Other Equity Investment 0
EI Monies (This investment) 0
Total Cash Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Cash Payments
Payments to Creditors/Suppliers 0
Wages/Salaries 0
Founders salaries (inc PRSI) 0
Marketing Salaries (inc PRSI) 0
Operations Salaries (inc PRSI) 0
Admin Salaries (inc PRSI) 0
R+D Salaries (inc PRSI) 0
Other Cash Operating Expenses 0
Capital investment related to R+D 0
R+D Consultancy 0
R+D Materials 0
Travel and Expenses 0
Rent and Rates 0

Facilities, Supplies, Cleaning , etc 0

Insurance 0
Telephones and Broadband 0
IT support and security 0
Audit and Taxation Services 0
Legal Fees 0
Staff Training 0
Bank Charges 0
Travel 0
Freight and Postage 0
Office Supplies 0
Other Expense 1 - Specify 0
Other Expense 2 - Specify 0
0
Capital Investment 0
0
Dividends 0
Dividends Paid to EI 0
Other Dividends Paid 0
0

Non-Operating Cash Payments 0

Net VAT Payment/Receipt Amounts (if
above figs incl VAT) 0
Loan Repayments 0
Directors Loans/ Related Parties
Payments 0
0
Equity/Grants 0
EI Share/Grant Redemptions 0
Other Share Redemptions 0
Total Cash Payments 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Cash Inflow/(Outflow) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Opening Cash (Excl Short Term
Facilities) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Closing Cash (Excl Short Term
Facilities) 0 0 0 0 0 0 0 0 0 0 0 0 0
OverDraft Facility
Inv Disc (Proj Month End Bal)

Net Closing Cash (Incl Short Term

Facilities) 0 0 0 0 0 0 0 0 0 0 0 0

Company Input Sheet 2 584618868.xlsx

SEE ATTACHED PROJECTIONS

Summary Monthly Cashflow Statement for the FOLLOWING 12 MONTHS Total

Month End MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY MM/YY
€000's €000's €000's €000's €000's €000's €000's €000's €000's €000's €000's €000's €000's
Operating Cash Inflow

Sales Receipts - Both with and without

Invoice Discounting support 0
Other Revenue - specify 0
Other Revenue - specify 0
Non - Operating Cash Inflow
Loan 1 0
Loan 2 0
Non EI Equity/Grants
Promoters' Equity Investment 0
Other Equity Investment 0
EI Monies (This investment) 0
Total Cash Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Cash Payments
Payments to Creditors/Suppliers 0
Wages/Salaries 0
Founders salaries (inc PRSI) 0
Marketing Salaries (inc PRSI) 0
Operations Salaries (inc PRSI) 0
Admin Salaries (inc PRSI) 0
R+D Salaries (inc PRSI) 0
Other Cash Operating Expenses 0
Capital investment related to R+D 0
R+D Consultancy 0
R+D Materials 0
Travel and Expenses 0
Rent and Rates 0

Facilities, Supplies, Cleaning , etc 0

Insurance 0
Telephones and Broadband 0
IT support and security 0
Audit and Taxation Services 0
Legal Fees 0
Staff Training 0
Bank Charges 0
Travel 0
Freight and Postage 0
Office Supplies 0
Other Expense 1 - Specify 0
Other Expense 2 - Specify 0
0
Capital Investment 0
0
Dividends 0
Dividends Paid to EI 0
Other Dividends Paid 0
0

Non-Operating Cash Payments 0

Net VAT Payment/Receipt Amounts (if
above figs incl VAT) 0
Loan Repayments 0
Directors Loans/ Related Parties
Payments 0
0
Equity/Grants 0
EI Share/Grant Redemptions 0
Other Share Redemptions 0
Total Cash Payments 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Cash Inflow/(Outflow) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Opening Cash (Excl Short Term
Facilities) 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Closing Cash (Excl Short Term
Facilities) 0 0 0 0 0 0 0 0 0 0 0 0 0
OverDraft Facility
Inv Disc (Proj Month End Bal)

Net Closing Cash (Incl Short Term

Facilities) 0 0 0 0 0 0 0 0 0 0 0 0

Company Input Sheet 2 584618868.xlsx

Track Record & Projections: Company A FDS Template as at 23/09/2020 17.40pm
Month Base Year-2 Base Year-1 Base Year Base Year+1 Base Year+2 Base Year+3 Base Year+4 Base Year+5
Year End Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25
Account Status Audited Audited Management Projected Projected Projected Projected Projected

SALES & EXPORTS

Sales (€000's) 0 0 0 0 0 0 0 0
Domestic Sales (€'000s) 0 0 0 0 0 0 0 0
Exports (€000's) 0 0 0 0 0 0 0 0
International Sales (€000's) 0 0 0 0 0 0 0 0
Exports as % of Sales n/a n/a n/a n/a n/a n/a n/a n/a
International Sales as % of Sales n/a n/a n/a n/a n/a n/a n/a n/a
PROFITABILITY
Gross Profit / (Loss) 0 0 0 0 0 0 0 0
EBITDA 0 0 0 0 0 0 0 0
Net Profit/(Loss) (€000's) 0 0 0 0 0 0 0 0
Gross Proft as a % of Sales n/a n/a n/a n/a n/a n/a n/a n/a
Operating as a % of Sales n/a n/a n/a n/a n/a n/a n/a n/a
EBITDA as a % of Sales n/a n/a n/a n/a n/a n/a n/a n/a
Net Margin n/a n/a n/a n/a n/a n/a n/a n/a
Return on Shareholders' Funds n/a n/a n/a n/a n/a n/a n/a n/a
GROWTH
Sales growth % n/a n/a n/a n/a n/a n/a n/a
Export growth % n/a n/a n/a n/a n/a n/a n/a
PRODUCTIVITY
Sales / total asets less current liabilities n/a n/a n/a n/a n/a n/a n/a n/a
Sales / working capital n/a n/a n/a n/a n/a n/a n/a n/a
Sales / fixed assets n/a n/a n/a n/a n/a n/a n/a n/a
Sales per Irish employee (€000's) n/a n/a n/a n/a n/a n/a n/a n/a
RESEARCH & DEVELOPMENT
Total R&D spend (€000's) 0 0 0 0 0 0 0 0
R&D as % of sales n/a n/a n/a n/a n/a n/a n/a n/a
R&D as a % of OPEX n/a n/a n/a n/a n/a n/a n/a n/a
MANAGEMENT
Asset turnover n/a n/a n/a n/a n/a n/a n/a n/a
Net Current Asset Turnover n/a n/a n/a n/a n/a n/a n/a n/a
Current Ratio n/a n/a n/a n/a n/a n/a n/a n/a
WORKING CAPITAL ANALYSIS
Working Capital 0 0 0 0 0 0 0 0
Working capital (exc short term facilities) ('000s) 0 0 0 0 0 0 0 0
Short term facilities ('000s) 0 0 0 0 0 0 0 0
Working Capital Turnover (times) n/a n/a n/a n/a n/a n/a n/a n/a
Inventory Turnover n/a n/a n/a n/a n/a n/a n/a n/a
Total Debtors (inc pre payments) days n/a n/a n/a n/a n/a n/a n/a n/a
Invoice Discounting as a % of Tr Debtors 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total Creditors (inc accruals) days n/a n/a n/a n/a n/a n/a n/a n/a
GEARING
Equity (Incl Shareholders Funds & Director Loans) 0 0 0 0 0 0 0 0
Total Debt 0 0 0 0 0 0 0 0
Total Bank Debt 0 0 0 0 0 0 0 0
Free Cash Flow (FCF) 0 0 0 0 0
Debt/Equity n/a n/a n/a n/a n/a n/a n/a n/a
1+( LT liabilities/S/H funds) n/a n/a n/a n/a n/a n/a n/a n/a
Interest Cover n/a n/a n/a n/a n/a n/a n/a n/a
EMPLOYMENT
Global Employees at year-end 0 0 0 0 0 0 0 0
Irish Employees at year-end 0 100 0 0 0 0 0 0
No. of R&D Employees @y/e 0 0 0 0 0 0 0 0
No. of Irish R&D Employees @ y/e 0 0 0 0 0 0 0 0
Base Employment = 0

Statement of Comprehensive Income

Base Year-2 Base Year-1 Base Year Base Year+1 Base Year+2 Base Year+3 Base Year+4 Base Year+5
Year End 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
Account Status Audited Audited Management Projected Projected Projected Projected Projected
€000's €000's €000's €000's €000's €000's €000's €000's
Own Product / Service Produced in Ireland & Exporte 0 0 0 0 0 0 0 0
Own Product / Service Produced Abroad & sold Abro 0 0 0 0 0 0 0 0
Own Product / Service Produced & Sold in Ireland 0 0 0 0 0 0 0 0
Distribution Sales of Other Co's Product 0 0 0 0 0 0 0 0
Total Sales 0 0 0 0 0 0 0 0

Direct Labour 0 0 0 0 0 0 0 0
Purchases 0 0 0 0 0 0 0 0
Other Cost of Goods Sold 0 0 0 0 0 0 0 0
Cost of Sales 0 0 0 0 0 0 0 0

Gross Profit/(Loss) 0 0 0 0 0 0 0 0

Selling, General & Admin Expenses 0 0 0 0 0 0 0 0

Indirect Labour (excluding R&D Salaries) 0 0 0 0 0 0 0 0
R&D Expenditure 0 0 0 0 0 0 0 0
Other Operating Expenses/(Gains) 0 0 0 0 0 0 0 0
Operating Expenditure 0 0 0 0 0 0 0 0

Operating Profit/(Loss) - EBITDA 0 0 0 0 0 0 0 0

Admin charge 0 0 0 0 0 0 0 0
Interest Payable 0 0 0 0 0 0 0 0
Interest / Dividends (Receivable) 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0
Amortisation 0 0 0 0 0 0 0 0
Grant Amortisation (This application only) 0 0 0 0 0
Remitted Profits to Ireland From Foreign Subsidiary 0 0 0 0 0 0 0 0
Non-Operating Expenses/(Gains) 0 0 0 0 0 0 0 0
Profit/(Loss) before Tax 0 0 0 0 0 0 0 0

Tax 0 0 0 0 0 0 0 0
Net Profit/(Loss) 0 0 0 0 0 0 0 0

Dividends 0 0 0 0 0 0 0 0
Profit Retained for the Year 0 0 0 0 0 0 0 0

Statement of Financial Position

Balance Sheet: Company A FDS Template as at 23/09/2020 17.40pm
Year End 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
€000's €000's €000's €000's €000's €000's €000's €000's
Fixed Assets
Intangible 0 0 0 0 0 0 0 0
Tangible Fixed Assets 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0
Total Fixed Assets 0 0 0 0 0 0 0 0

Current Assets
Inventory 0 0 0 0 0 0 0 0
Trade Debtors 0 0 0 0 0 0 0 0
Bank/Cash 0 0 0 0 0 0 0 0
Connected Parties / Inter Company Loans 0 0 0 0 0 0 0 0
Prepayments / Other Debtors 0 0 0 0 0 0 0 0
Total Current Assets 0 0 0 0 0 0 0 0

Current Liabilities
Bank Overdraft (Facility Limit in Projected Years) 0 0 0 0 0 0 0 0
Invoice discounting (YE Balance) 0 0 0 0 0 0 0 0
Short Term loans / Leasing (<1 year) 0 0 0 0 0 0 0 0
Trade Creditors 0 0 0 0 0 0 0 0
Accruals / Other Creditors 0 0 0 0 0 0 0 0
Total Current Liabilities 0 0 0 0 0 0 0 0

Net Current Assets 0 0 0 0 0 0 0 0

Liabilities > 1 Year

Long Term Loans 0 0 0 0 0 0 0 0
Leases 0 0 0 0 0 0 0 0
Connected Parties / Inter Company Loans 0 0 0 0 0 0 0 0
Directors / Shareholders Loans 0 0 0 0 0 0 0 0
EI Grant Liability (This application only) 0 0 0 0 0
EI Repayable Advance 0 0 0 0 0
Other Long Term Liabilities 0 0 0 0 0 0 0 0
Total Liabilities > 1 Year 0 0 0 0 0 0 0 0

Net Assets 0 0 0 0 0 0 0 0

Financed by
Preference Shares 0 0 0 0 0 0 0 0
EI Equity Assistance (This application only) 0 0 0 0 0
Ordinary Shares & Share Premium 0 0 0 0 0 0 0 0
Provisions/Grants/Other Reserves 0 0 0 0 0 0 0 0
Retained Earnings 0 0 0 0 0 0 0 0
Shareholders Funds 0 0 0 0 0 0 0 0

Projected Cash Funding Table

Year End 31/12/10 31/12/11 31/12/12 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
€000's €000's €000's €000's €000's €000's €000's €000's

Cash Flow Statement For the year ended

Profit Retained for the Year 0 0 0 0 0

Add back; Depreciation / Amortisation 0 0 0 0 0

Working Capital (Increase)/Decrease

Stocks 0 0 0 0 0
Trade Debtors 0 0 0 0 0
Prepayments / Other Debtors 0 0 0 0 0
Trade Creditors 0 0 0 0 0
Accruals / Other Creditors 0 0 0 0 0
Total 0 0 0 0 0

Operating Cash Inflow / (Outflow) 0 0 0 0 0

Capex - Tangible 0 0 0 0 0
Capex - Intangible 0 0 0 0 0
Capital Expenditure 0 0 0 0 0

Cash available for Servicing Financing Obligations 0 0 0 0 0

Servicing of funding
Overdraft 0 0 0 0 0
ID facility 0 0 0 0 0
Short term loans/Leasing 0 0 0 0 0
Long term loans 0 0 0 0 0
Leasing 0 0 0 0 0
EI repayable advance 0 0 0 0 0
Group 0 0 0 0 0
Directors loans 0 0 0 0 0
Other financing requirements 0 0 0 0 0
Preferred equity 0 0 0 0 0
Ord equity 0 0 0 0 0
Other 0 0 0 0 0
Total Obligations 0 0 0 0 0

Cash available after Servicing Financing Obligations 0 0 0 0 0

New funding sources

Overdraft 0 0 0 0 0
ID facility 0 0 0 0 0
Short term loans/Leasing 0 0 0 0 0
Long term loans 0 0 0 0 0
Leasing 0 0 0 0 0
EI repayable advance 0 0 0 0 0
EI grants 0 0 0 0 0
Group 0 0 0 0 0
Directors loans 0 0 0 0 0
Other financing requirements 0 0 0 0 0
Preferred equity 0 0 0 0 0
Ord equity 0 0 0 0 0
Other 0 0 0 0 0
Total 0 0 0 0 0

Net Movement in Cash 0 0 0 0 0

Opening Cash Balance - includes Facilities 0 0 0 0 0

Closing Cash (Incl Facilities i.e. available cash) 0 0 0 0 0

Overdraft Facility 0 0 0 0 0
Invoice Discounting Balance 0 0 0 0 0
Net Closing Cash (Excl Short Term Facilities) 0 0 0 0 0 0 0 0
Financial Data Sheet
Company A

Company Information

Region Please Select

Type of Company Please Select
Ownership/Strategic Control Please Select
Growth Fund Application? No

Employment Numbers

Base Year
Year End 31/12/20
Base Irish Employment Level 0

EI Funding
Development Adviser to input proposed grant and equity package as applicable.
Base Year+1 Base Year+2 Base Year+3 Base Year+4 Base Year+5
Year End 31/12/21 31/12/22 31/12/23 30/12/24 31/12/25
€000's €000's €000's
Grants
EI Capital Grants - - -
EI Employment - - -
EI HRD/Mgt Development Grants - - -
EI R&D Grants - - -
EI Marketing & Strategy Grants - - -
EI SEF Non - Repayable (MAX 200k)
Total Grants 0 0 0 0 0

Debt
Repayable Advance 0 0
Total Debt 0 0 0 0 0
Debt amount to be used for Value for Money measures 0 0 0 0 0
Equity
EI Ordinary Shares - - -
EI HPSU CCRPs/CLNs - - -
EI Preference Shares - - -
Total EI Equity 0 0 0 0 0
Equity amount to be used for Value for Money measures 0 0 0 0 0

Admin charge

Sourced per calculator 0 0 0 0 0

Value for Money measures

Cost per Job Inputs €000's

Value For Money (VFM) (from CSS)
CEB Funding (Grant - past 7 years)
CEB Funding (Equity - past 7 years)
New Proposed Cancellations (Grant)
New Proposed Cancellations (Equity)
New Support 0
Total Support 0

Business Expansion Scheme (BES)*

BES Redemption amount €0
BES Redemption date DD/MM/YY
*If applicable

Assumptions For BC calculation

Repayable element of Capital Grant 0%
Capital Amount Waived -

Cost Benefit Ratio

If you need assistance with this ratio, please contact Commercial Evaluation.
EI Cost Benefit Ratio Please complete the above 'Company Information' section to calculate
the Cost Benefit Ratio.

Drivers of Cost Benefit Ratio

€000's Check
Increase in Sales 0 0
Increase in Exports 0 0
Increase in Irish Payroll 0 0
Increase in Post Tax Profits 0 0

Impacts
EI Targets* Base Year Base Year+5 Increase
12/31/2020 12/31/2025 (€'000) %
Sales (€000’s) 0 0 0
Exports (€000’s) 0 0 0
Employees (Irish Based) 0 0 0 n/a
Productivity** n/a n/a

Value for Money Measures

Ratio of Benefit to Cost Total Support per Total Support per
Increased Ratio Existing Projected
Export Sales Employees (Base Employees (Base
Year) Year+5)*

To EI Support €'000 €'000

EI Funding Guidelines - justification required if exceeded

Ratio of 3:1 Minimum of 1 Max €15k / €25k Max €15k / €25k

EI DA Input Sheet 584618868.xlsx

Please select from the drop down boxes below to perform a simple scenario analysis, that will enable the user to
understand the impact of variances in sales & costs forecasts.

Please note the following assumptions

1. Debtors will be directly impacted as a result of a movement in sales

2. Creditors will be directly impacted as a result of a movement in Purchases

3. Stock will be directly impacted as a result of a movement in Purchases

4. In Scenario Test A, purchases is the only element of Cost of Goods sold which is variable

5. I n cases where the value of Purchases is very low (or zero) Scenario Test B should be used

Scenario Test B 31/12/21 31/12/22 31/12/23 30/12/24

Sales 100% 100% 100% 100%
Cost of Sales 100% 100% 100% 100%
Operating Expenditure 100% 100% 100% 100%

Statement of Comprehensive Income - Scenario Test

Current Year Base Year+2 Base Year+3 Base Year+4
Year End 31/12/21 31/12/22 31/12/23 30/12/24
Account Status 0 0 0 0
€000's €000's €000's €000's
0 0 0
Total Sales 0 0 0 0

Purchases 0 0 0 0
Total Cost of Sales 0 0 0 0
Gross Profit/(Loss) 0 0 0 0

0 0 0 0
Operating Expenditure 0 0 0 0

Operating Profit/(Loss) - EBITDA 0 0 0 0

Profit/(Loss) before Tax 0 0 0 0

Net Profit/(Loss) 0 0 0 0

Profit Retained for the Year 0 0 0 0

Statement of Financial Position - Scenario Test

Year End 31/12/21 31/12/22 31/12/23 30/12/24
€000's €000's €000's €000's
Total Fixed Assets 0 0 0 0

Stock 0 0 0 0
Debtors 0 0 0 0
Bank/Cash 0 0 0 0
Total Current Assets 0 0 0 0

Trade Creditors 0 0 0 0
Total Current Liabilities 0 0 0 0

Net Current Assets 0 0 0 0

Total Liabilities > 1 Year 0 0 0 0

Net Assets 0 0 0 0

Financed by
Retained Earnings 0 0 0 0
Shareholders Funds 0 0 0 0

0 0 0

Projected Cash Funding Table - Scenario Test

31/12/21 31/12/22 31/12/23 30/12/24
Cash Flow Statement For the year ended
Profit Retained for the Year 0 0 0 0

Add back; Depreciation / Amortisation 0 0 0 0

Working Capital (inc)/dec

Stocks 0 0 0 0
Debtors 0 0 0 0
Prepayments / Other Debtors 0 0 0 0
Creditors 0 0 0 0
Accruals / Other Creditors 0 0 0 0
Total 0 0 0 0

Capital Expenditure 0 0 0 0

Funding (inc)/dec
OD & ID Facility 0 0 0 0
Short Term loans / Eeasing (<1 year) 0 0 0 0
Eong Term Bank Eoans/Eeasing 0 0 0 0
Convertible/Other Eoans 0 0 0 0
Related Parties 0 0 0 0
Directors Eoans 0 0 0 0
EI Equity 0 0 0 0
EI Grant 0 0 0 0
Other Equity 0 0 0 0
Other Reserves 0 0 0 0
Net Movement in Cash 0 0 0 0

Opening Cash Balance 0 0 0 0

Closing Cash Balance - Available Funds 0 0 0 0

Overdraft Facility 0 0 0 0
Invoice Discounting Balance 0 0 0 0
Closing Cash (Excl Facilities i.e. net cash) 0 0 0 0
 Scenario Test A Scenario Test A
Scenario Test B Scenario Test B

31/12/25
100%
100%
100%

Base Year+5
31/12/25
0
€000's

0
0
0

0
0

31/12/25
€000's
0

0
0
0
 0

0
0

0
0

31/12/25

0
0
0
0
0
0

0
0
0
0
0
0
0
0
0
0
0

0
0

0
0
0
 SEF Repayable Adv
Instructions
• Please input into the yellow boxes only
• Please enter expected Drawdown date of tranche 1 Repayment
and tranche 2. It will need to be revised upon actual Month Date
drawdown of the 2nd Tranche
• Please Select Monthly or Quarterly repayments 37 7/1/2023
Note: Client can reschedule before end of Year 3 38 7/31/2023
39 8/31/2023
40 9/30/2023
41 10/31/2023
42 11/30/2023
Repayment Information 43 12/30/2023
Tranche 1 Amount 100,000 44 1/30/2024
Tranche 1 Date 6/1/2020 45 2/29/2024
Tranche 2 Amount 100,000 46 3/31/2024
Tranche 2 Date 9/1/2020 47 4/30/2024
Repayments Monthly 48 5/31/2024
Repayment Term (Years) 2 49 6/30/2024
Admin Fee 4% 50 7/30/2024
No Of Repayments 24 51 8/30/2024
Accrued Admin Fee 18,986 52 9/29/2024
Total Amount Advanced 200,000 53 10/30/2024
Repayment Start (Month 37) 7/1/2023 54 11/29/2024
Repayment End (Month 60) 5/31/2025 55 12/29/2024
Capital Element of Monthly payment €8,333 56 1/29/2025
Admin Fee Element of Monthly payment €1,138 57 2/28/2025
Monthly Repayment Amt €9,472 58 3/31/2025
59 4/30/2025
60 5/31/2025

PLEASE NOTE: The above repayment calc

• There is no capitalisation of the adm
• There is no admin fee for the first 6
Monthly 12 • The accrued administration fee is r
Quarterly 4 benefit offered to the client for adhering to
• The administration fee is calculated
1
• If there is a 2nd tranche of a Repay
2 on drawdown of the 2nd tranche
• The repayable advance must be re
Note: Should there be a missed repayment
becomes immediately repayable. Future re
must be paid in full before repayment of th
 SEF Repayable Advance Repayment Schedule Calculator
Repayment

Monthly
Opening Repayment Capital Admin Fee Admin Fee Closing
Balance Amt Element Element incurred Balance

218,986 9,472 8,333 1,138 667 210,181

210,181 9,472 8,333 1,138 639 201,349
201,349 9,472 8,333 1,138 611 192,488
192,488 9,472 8,333 1,138 583 183,600
183,600 9,472 8,333 1,138 556 174,684
174,684 9,472 8,333 1,138 528 165,740
165,740 9,472 8,333 1,138 500 156,768
156,768 9,472 8,333 1,138 472 147,769
147,769 9,472 8,333 1,138 444 138,741
138,741 9,472 8,333 1,138 417 129,686
129,686 9,472 8,333 1,138 389 120,604
120,604 9,472 8,333 1,138 361 111,493
111,493 9,472 8,333 1,138 333 102,355
102,355 9,472 8,333 1,138 306 93,189
93,189 9,472 8,333 1,138 278 83,995
83,995 9,472 8,333 1,138 250 74,773
74,773 9,472 8,333 1,138 222 65,524
65,524 9,472 8,333 1,138 194 56,247
56,247 9,472 8,333 1,138 167 46,942
46,942 9,472 8,333 1,138 139 37,609
37,609 9,472 8,333 1,138 111 28,248
28,248 9,472 8,333 1,138 83 18,860
18,860 9,472 8,333 1,138 56 9,444
9,444 9,472 8,333 1,138 28 0
227,320 200,000 27,320 8,333

The above repayment calculation allows for the following:

no capitalisation of the administration fee
no admin fee for the first 6 months
ued administration fee is repaid equally over the repayment period. This is an additional
d to the client for adhering to the repayment schedule
inistration fee is calculated on the outstanding balance of the repayable advance
s a 2nd tranche of a Repayable advance then the repayment schedule will be recalculated
n of the 2nd tranche
yable advance must be repaid in full by the end of year 5
there be a missed repayment, the repayable advance and outstanding administration balance
ediately repayable. Future repayments will require that the outstanding administration balance
n full before repayment of the outstanding balance of the repayable advance.
 Capital Admin
Balance Balance
200,000 18,986
191,667 18,515
183,333 18,015
175,000 17,488
166,667 16,933
158,333 16,350
150,000 15,740
141,667 15,101
133,333 14,435
125,000 13,741
116,667 13,020
108,333 12,270
100,000 11,493
91,667 10,688
83,333 9,855
75,000 8,995
66,667 8,107
58,333 7,190
50,000 6,247
41,667 5,275
33,333 4,275
25,000 3,248
16,667 2,193
8,333 1,111
- 0 - 0
Exchange Rate Sensitivity Analysis
Please input relevant Exchange Rates in Cells B10 and E10. Also, please input info. sought in Cells B11, B43 & B50
Company Name
*Eur/Stg. Rate originally used Alternative Eur/Stg Rate
Adjustment applied to Sales Figures: £ 0.90 £ 0.90
% of Overall Export Sales Receipts in *Sterling: 0% 100%
*Note: The Euro/Sterling Exchange Rate is used above solely as an example. This Sensitivity Analysis tool can be applied to other currencies
Profit & Loss
Year End 31/12/17 31/12/18 31/12/19 31/12/20 31/12/21 12/31/2022 12/31/2023 12/31/2024
Account Status Audited Audited Draft Audit Projected Projected Projected Projected Projected
Sales €000's €000's €000's €000's €000's €000's €000's €000's
0 0 0 0 0 0 0 0
Exports (*Note: the % figure sought for Cell B11 above
should reflect what projected 'Sterling' sales represent
as a % of Exports only and not as a % of Total Sales
Own Product / Service Produced Abroad & sold Abroad 0 0 0 0 0 0 0 0
Own Product / Service Produced & Sold in Ireland 0 0 0 0 0 0 0 0
Distribution Sales of Other Co's Product 0 0 0 0 0 0 0 0
Total Sales 0 0 0 0 0 0 0 0
% of Overall Purchases figures made in *Sterling: 0% 100%
Direct Labour 0 0 0 0 0 0 0 0
Purchases 0 0 0 0 0 0 0 0
Other Cost of Goods Sold 0 0 0 0 0 0 0 0
Cost of Sales 0 0 0 0 0 0 0 0

Gross Profit/(Loss) 0 0 0 0 0 0 0 0
% of overall 'Operating Expenditures' in *Sterling: 0% (Please input approximate Weighted Average % factored into Exp. Items below)
Selling, General & Admin Expenses 0 0 0 0 0 0 0 0
Indirect Labour (excluding R&D Salaries) 0 0 0 0 0 0 0 0
R&D Salaries 0 0 0 0 0 0 0 0
Other R&D expenditure 0 0 0 0 0 0 0 0
R&D Expenditure 0 0 0 0 0 0 0 0
Other Operating Expenses/(Gains) 0 0 0 0 0 0 0 0
Operating Expenditure 0 0 0 0 0 0 0 0
100%
Operating Profit/(Loss) - EBITDA 0 0 0 0 0 0 0 0
Interest Payable 0 0 0 0 0 0 0 0
Interest / Dividends (Receivable) 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0
Amortisation 0 0 0 0 0 0 0 0
Grant Amortisation (This application only) 0 0 0 0 0 0 0 0
Remitted Profits to Ireland From Foreign Subsidiary 0 0 0 0 0 0 0 0
Non-Operating Expenses/(Gains) 0 0 0 0 0 0 0 0
Profit/(Loss) before Tax 0 0 0 0 0 0 0 0
Tax 0 0 0 0 0 0 0 0
Net Profit/(Loss) 0 0 0 0 0 0 0 0
Dividends (see Rows 30 & 31) 0 0 0 0 0 0 0 0
Profit Retained for the Year 0 0 0 0 0 0 0 0

Exchange Rate Sensitivity 584618868.xlsx

Balance Sheet
Year End 31/12/17 31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 12/31/2023 12/31/2024
€000's €000's €000's €000's €000's €000's
Fixed Assets
Intangible 0 0 0 0 0 0 0 0
Tangible Fixed Assets 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0
Total Fixed Assets 0 0 0 0 0 0

Current Assets
Inventory 0 0 0 0 0 0 0 0
Trade Debtors 0 0 0 0 0 0 0 0
Bank/Cash 0 0 0 0 0 0 0 0
Connected Parties / Inter Company Loans 0 0 0 0 0 0 0 0
Prepayments / Other Debtors 0 0 0 0 0 0 0 0
Total Current Assets 0 0 0 0 0 0

Current Liabilities
Bank Overdraft (Facility Limit in Projected Years) 0 0 0 0 0 0 0 0
Invoice discounting (YE Balance) 0 0 0 0 0 0 0 0
Short Term loans / Leasing (<1 year) 0 0 0 0 0 0 0 0
Trade Creditors 0 0 0 0 0 0 0 0
Accruals / Other Creditors 0 0 0 0 0 0 0 0
Total Current Liabilities 0 0 0 0 0 0

Net Current Assets 0 0 0 0 0 0

Liabilities > 1 Year

Long Term Loans 0 0 0 0 0 0 0 0
Leases 0 0 0 0 0 0 0 0
Connected Parties / Inter Company Loans 0 0 0 0 0 0 0 0
Directors / Shareholders Loans 0 0 0 0 0 0 0 0
EI Grant Liability (This application only) 0 0 0 0 0
Other Long Term Liabilities 0 0 0 0 0 0 0 0
Total Liabilities > 1 Year 0 0 0 0 0 0

Net Assets 0 0 0 0 0 0

Financed by
Preference Shares 0 0 0 0 0 0 0 0
EI Equity Assistance (This application only) 0 0 0 0 0 0 0 0
Ordinary Shares & Share Premium 0 0 0 0 0 0 0 0
Provisions/Grants/Other Reserves 0 0 0 0 0 0 0 0
Retained Earnings 0 0 0 0 0 0 0 0
Shareholders Funds 0 0 0 0 0 0

Projected Cash Funding Table

Year End 31/12/10 31/12/11 31/12/12 31/12/20 31/12/21 31/12/22 12/31/2023 12/31/2024
€000's €000's €000's €000's €000's €000's €000's €000's

Cash Flow Statement For the year ended

Profit Retained for the Year 0 0 0 0 0

Add back; Depreciation / Amortisation 0 0 0 0 0

Working Capital (Increase)/Decrease

Stocks 0 0 0 0 0
Trade Debtors 0 0 0 0 0
Prepayments / Other Debtors 0 0 0 0 0
Trade Creditors 0 0 0 0 0
Accruals / Other Creditors 0 0 0 0 0
Total 0 0 0 0 0

Operating Cash Inflow / (Outflow) 0 0 0 0 0

Capex - Tangible 0 0 0 0 0
Capex - Intangible 0 0 0 0 0
Capital Expenditure 0 0 0 0 0

Funding Inc/ (Dec)

OverDraft & Invoice Discounting Facility 0 0 0 0 0
Short Term loans / Leasing (<1 year) 0 0 0 0 0
0 0 0 0 0
Long Term Loans / Leasing / convertible
Convertible/Other Loans 0 0 0 0 0
Connected Parties / Inter Company Loans
Err:509 Err:509 Err:509 Err:509 Err:509
Directors Loans 0 0 0 0 0
EI Equity 0 0 0 0 0
EI Grant 0 0 0 0 0
Other Equity Err:509 Err:509 Err:509 Err:509 Err:509
Other Reserves Err:509 Err:509 Err:509 Err:509 Err:509
Total Err:509 Err:509 Err:509 Err:509 Err:509

Non Operating Cash Inflow / (outflow) Err:509 Err:509 Err:509 Err:509 Err:509

Net Movement in Cash Err:509 Err:509 Err:509 Err:509 Err:509

Opening Cash Balance - includes Facilities 0 0 0 0 0

Closing Cash (Incl Facilities i.e. available cash) Err:509 Err:509 Err:509 Err:509 Err:509

Overdraft Facility 0 0 0 0 0
Invoice Discounting Balance 0 0 0 0 0
Net Closing Cash (Excl Short Term Facilities) 0 0 0 Err:509 Err:509 Err:509 Err:509 Err:509

Exchange Rate Sensitivity 584618868.xlsx

Project [Name]
Payback Period without EI Support 0 The % of the company's profit increases attributed to this project: 25%
Year: 0 1 2 3 4 5
*Cash Flow (€,000s): € - - - - -
Cumulative Cash Flow - incl. at Yr.0 the Cost of Proj. as Neg. Fig. (€,000s): - - - - -
See Example of Payback Period Exercise at Line 48 below Note: Base Yr. (Yr.0) Fig. above to include R&D, Capital Costs, Start-Up losses, etc
* EI Support package not included

Payback Period: #DIV/0! Years

#DIV/0!

Payback Period with EI Support

0 0 0
Year: 0 1 2 3 4 5
**Cash Flow (€,000s): € - - - - -
Cumulative Cash Flow (€,000s): 0 - - - - -
Assumed Stream of EI Financial Support (Years 1, 2 & 3 only): (€,000s)

** EI Support package included

Payback Period: #DIV/0! Years

Payback Period (where time period requires extension): #DIV/0! Years

Adjusted Payback Period without EI Support Assumed annual cashflow reduction due to curtailed proposal: 10%
Year: 0 1 2 3 4 5
Cash Flow (€,000s) - As per C/F above 'without EI support': € - - - - -
Cumulative Cash Flow (€,000s): - - - - -

(€,000s) €0 = necessary reduction in project investment in order to bring payback

period measure in line with that required (say - as per Cell F21 above)

Payback Period: #DIV/0! Years

The 'Goal Seek' function may be used to amend Assumed Costs (Blue Box above) #DIV/0!
 Sustainable Growth Analysis
Base Year-2 Base Year-1 Base Year Base Year+1 Base Year+2 Base Year+3
31/12/18 31/12/19 31/12/20 31/12/21 31/12/22 31/12/23
Audited Audited Management Projected Projected Projected
1 Additional Fixed Assets 0 0 0
2 Additional Working Capital Assets (Spontaineously Generated) 0 0 0
3 Capital Repayments (Loan & Lease) 0 0 0
4 Overdraft & ID Withdrawn 0 0 0
5 Directors or Connect Party Loans Withdrawn 0 0 0
Trade Working Capital withdrawn 0 0 0
6 Additional Financial Needs (AFN) 0 0 0
7 Financed By: Additional Trade Working Capital Advanced 0 0 0
8 Additional Termed Capital Advanced (Loan & Lease) 0 0 0
9 Retained Earnings 0 0 0
10 Cash Resources Utilised 0 0 0
11 Overdraft & ID Advanced 0 0 0
12 Directors or Connect Party Loans Advanced 0 0 0
13 Additional Financial Needs (AFN) - Unfunded 0 0 0
14 What If
15 Additional Sales volume that can be funded from internal resources - - - -
16 Planned additional sales volume - - -
17
18 Capital Intensity Ratio 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
19 Debt Equity Ratio 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
20 MSGR Drivers
21 Net Profit Margin 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
22 Asset Turnover Ratio 0.00 0.00 0.00 0.00 0.00 0.00 -
23 Equity Multiplier 1.00 1.00 1.00 1.00 1.00 1.00 -
24
25 Return on Total Assets 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26 Return on Equity 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
27 Dividend Ratio 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
28 Maximum internal Growth Rate 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

29 Maximum Sustainable Growth Rate= MSGR 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

30
31 Organic Enterprise Growth (Less external equity injections) € - € - € - € - € -
32 Organic Enterprise Growth Rate 0 0 0 0 0
33 Growth in excess of projected MSGR 0.0% 0.0% 0.0%
34
35 Movement in MSGR Drivers
36 Net Profit Margin 0.0% 0.0% 0.0%
37 Asset Turnover Ratio 0.00 0.00 0.00
38 Equity Multiplier 0.00 0.00 0.00
Dividend Policy 0.0% 0.0% 0.0%

Ref Core Issues Key Questions

1 Capital Intensity Requirement Is asset investment absolutely necessary to drive increase in sales?
22 & 37 Is there spare capacity in existing asset base - historic intensity rate?

15 & 16 & 21 & 36 Movement in Net Profit Is volume component of sales movement attainable and what are the drivers?
21 & 36 Is gross margin component of movement attainable and what are the drivers?
21 & 36 Is expense component of movement realistic and what are the drivers?
21 & 36 Is component outside EBIT of movement realistic and what are the drivers?

19 & 23 & 38 External Funding Capacity What sources of external funding are available and the realistic probability of attaining it?
19 & 23 & 38 What is the cash available for debt service and what are its major drivers?
19 & 23 & 38 What are the debt service requirements and ratios and can they be varied?