Assume you work for a research department within an international asset management firm engaged in the financial analysis of a short set of unlisted companies. One of those companies is called "Core 1" which presents the following historical data:

Year 1 Year 2 Year 3 Sales COGS Other Operational Costs EBHDA Depreciation Provisions EB\" Interest Extraordinary P/L EBT Tax Profit after Tax Net Investment in Working Capital CAP EX