Income Statements Historical Forecast Year -Z -1 Base Year +1 +2 +3 #5 Revenues $ 145.0 $ 1540 $ 169.0 COGS 75.0 86.0 99.0 Gross profits 70.0 68.0 70.0 SGEA 5.0 120 17.0 R&D 5.0 8.0 14.0 EBITDA 55.0 48.0 39.0 Depreciation & amortization 10.0 110 17.0 EBIT 45.0 37.0 22.0 Interest expenses 3.0 ZO 2.0 EBT 42.0 3510 20.0 Taxes 15.0 15.0 8.0 Net income 27_0 12.0 Balance Sheets Historical Forecast Assets -2 -1 Base +1 +2 +3 +4 +5 Cash $ 3.0 $ 20 $ 1.0 Accounts receivable $ 60 5 8.0 $ 11.7 Inventory 4.0 3.0 5.5 Current assets 13.0 13.0 18.2 Gross PPE 35.0 40.0 44.0 Accumulated depreciation 12.0 14.0 18.0 Net FFE 23.0 26.0 26.0 Good will 32.0 40.0 40.0 Other assets 16.0 18.0 18.0 Total assets 84.0 97_0 102.2