15. [Conversion of indirect to direct method cash flow state- ments; analysis of income and cash flow data; and implications for valuation] Exhibit 3P-7 contams financial data for the Rayna Company for 2000 and 2001. The following additional informa- tion is provided. Rayna is not subject to income tax Year 2000 includes a restructuring charge of $125. of which $103 is a noncash fixed asset writedown in- cluded in COGS and $22 is severance payments included in SG&A The severance payments were made in 2001.