Purchase Price 4000

Old debt 1200 4%

Fees 60
RC 50

Total Cost 4110

2016 2017 2018 2019 2020
Revenue 5000 5200 5408 5624.32 5849.293 4%
EBITDA 588.4 611.936 636.4134 661.87 688.3448
Dep 88.4 91.936 95.61344 99.43798 103.4155
EBIT 500 520 540.8 562.432 584.9293
Interest 200 192.9512 185.0491 176.2393 166.4643
PBT 300 327.0488 355.7509 386.1927 418.465 20%
PAT 240 261.639 284.6007 308.9542 334.772

Change in Capex 150 156 162.24 168.7296 175.4788 3%

NWC 20 20 20 20 20
FCFF 158.4 177.575 197.9742 219.6626 242.7087
IC 2.5

Rate 4.45%
Out In Proportion
Promoters 70 232.6433 0.100825 Repayment schedule 27%
PE 624.2697 1851.791 0.899175 24%
694.2697 P Interest RepaymentO/s
1 3415.73 152 158.4 3257.33
EBITDA-net debt 8.25 2 3257.33 144.9512 177.575 3079.755
3 3079.755 137.0491 197.9742 2881.781
4 2881.781 128.2393 219.6626 2662.119
5 2662.119 118.4643 242.7087 2419.41
Current Interest 48

Interest (max) 200

Remaining Interest 152

Debt Capacity 3415.73

Valuation 2059.435

Part of debt paid 996.3205