Allocated income statement Incremental income statement

REVENUES 250.00 € REVENUES 250.00 €

COGS - 100.00 € COGS - 100.00 €
DEPRECIATION - 50.00 € DEPRECIATION - 40.00 €
G&A EXPENSES - 50.00 € G&A EXPENSES - 20.00 €
EBIT 50.00 € EBIT 90.00 €
TAX - 15.00 € TAX - 27.00 €
NET INCOME 35.00 € NET INCOME 63.00 €

0.30 €
 Incremental income statement Incremental cash Flow
EBIT(1-t) 63.00 € ICREMENTAN INC STAT 103.00 €
DEPRECIATION 40.00 € CAPITAL MANTAIN - 25.00 €
ICREMENTAN INC STAT 103.00 € CURRENT ASSETS - 35.00 €
CURRENT LIABILITIES 15.00 €
ICF 58.00 €
 0 1 2 3
Revenues 225 300 450
Depreciation -75 -50 -25
Other operating expenses -100 -125 -175
Allocated G&A -25 -25 -25
EBIT 25 100 225
TAX 40% 40% 40%
NET INCOME 15 60 135
 0 1 2 3
Revenues 225 300 450
Depreciation -75 -50 -25
Other operating expenses -100 -125 -175
Allocated G&A 0 0 0
EBIT 50 125 250
TAX 40% 40% 40%
NET INCOME 30 75 150