D E F G H I J K L M N O Q 1 2 fx Target D/E B USD mn 1.y Revenues 7.197 EBIT 2.017 EBITDA 2.241 Taxes %20 Increase/Decrease in N 591 Capex 600 FCFF 2.y 6.264 1.210 1.452 3.y 6.145 964 1.210 4.y 6.208 962 1.211 5.y 6.260 947 1.199 3 Target D/E Cost of Debt Before Tax Tax 0,5 0,08 20% 1 You will estimate (compute) cost of capital your own using logical numbers and justify reason why you use these numbers. 4. 5 Beta 129 16 22 Green means increase in NWC and red means decrease in NWC WACC 21 218 ? 7 565 227 221 8 Net Debt Terminal Growth Rate -23 ? You estimate a logical terminal growth rate 9 10 11 12 13 Equity Value ? D E F G H I J K L M N O Q 1 2 fx Target D/E B USD mn 1.y Revenues 7.197 EBIT 2.017 EBITDA 2.241 Taxes %20 Increase/Decrease in N 591 Capex 600 FCFF 2.y 6.264 1.210 1.452 3.y 6.145 964 1.210 4.y 6.208 962 1.211 5.y 6.260 947 1.199 3 Target D/E Cost of Debt Before Tax Tax 0,5 0,08 20% 1 You will estimate (compute) cost of capital your own using logical numbers and justify reason why you use these numbers. 4. 5 Beta 129 16 22 Green means increase in NWC and red means decrease in NWC WACC 21 218 ? 7 565 227 221 8 Net Debt Terminal Growth Rate -23 ? You estimate a logical terminal growth rate 9 10 11 12 13 Equity Value