\begin{tabular}{lrrr} & Year 0 & Yera 1-9 & Year 10 \\ \hline Revenues & 95.0 & 95.0 \\ - Manufacturing expenses (other than depreciation) & & -33.5 & -33.5 \\ - Marketing expenses & -10.8 & -10.8 \\ - Depreciation & -14.7 & -14.7 \\ \hline - EBIT & 36.0 & 36.0 \\ - Taxes at 25\% & -9.00 & -9.00 \\ \hline - Unlevered net income & 27.00 & 27.00 \\ + Depreciation & +14.7 & +14.7 \\ - Increases in net working capital & -5.6 & -5.6 \\ - Capital expenditures & & \\ + Continuation value & -147.0 & & +12.4 \\ \hline - Free cash flow & 147.0 & 36.100 & 48.500 \end{tabular} \begin{tabular}{lrrr} & Year 0 & Yera 1-9 & Year 10 \\ \hline Revenues & 95.0 & 95.0 \\ - Manufacturing expenses (other than depreciation) & & -33.5 & -33.5 \\ - Marketing expenses & -10.8 & -10.8 \\ - Depreciation & -14.7 & -14.7 \\ \hline - EBIT & 36.0 & 36.0 \\ - Taxes at 25\% & -9.00 & -9.00 \\ \hline - Unlevered net income & 27.00 & 27.00 \\ + Depreciation & +14.7 & +14.7 \\ - Increases in net working capital & -5.6 & -5.6 \\ - Capital expenditures & & \\ + Continuation value & -147.0 & & +12.4 \\ \hline - Free cash flow & 147.0 & 36.100 & 48.500 \end{tabular}