Part III: Financia Analysis Exercise -The firm Bellum, wth a capita of 8000 stock of 100 euros, produces and sell hygiene and beauty product t considers launching an anti-aging product that necessitates an investment of 1 900 000 uros starting the beginning of the first year: 1 100 000 of constructions amortized linearly over 10 years - 800 000 construction material amortized linearly over 5 years The forecasted EBITDA and Needs in working capital have been evaluated for the first 4 working years in euros Annes EBITDA Needs in Working copital 2 720 000 1 020 000 | 020 000| 1 020 000 100 000 120 000120 000 120 000 The chosen financing is a mixture - Capital incre scyf400 00 :tros Thie divdriddE 20$ distributed to the la stocks will be maintained and attributed to the new stocks starling c An 800 000 euros Toan; paid back by constant fractions over a period of4 year the first installment inter ning bythe end ofthe firstyear at a rate of 9% The current activities generate an operating cash fley of 300 000 euros that will remain constant throughout the plan lifespan The old loans were fully reimbursed The initial treasury is negligible The-corporate tax t is 33,33% a) Calculate the forecasted operating cash flows b) Establish the financial plan for a 4 years period c) Knowing that the fi enjoys a comfortable scope for debt, propose a solutin to eguilibrate thepian. Present the iew accounting balances cd) fhe cash low of the finst yeawl not be cashed at the same time: What problem may that causes? Part III: Financia Analysis Exercise -The firm Bellum, wth a capita of 8000 stock of 100 euros, produces and sell hygiene and beauty product t considers launching an anti-aging product that necessitates an investment of 1 900 000 uros starting the beginning of the first year: 1 100 000 of constructions amortized linearly over 10 years - 800 000 construction material amortized linearly over 5 years The forecasted EBITDA and Needs in working capital have been evaluated for the first 4 working years in euros Annes EBITDA Needs in Working copital 2 720 000 1 020 000 | 020 000| 1 020 000 100 000 120 000120 000 120 000 The chosen financing is a mixture - Capital incre scyf400 00 :tros Thie divdriddE 20$ distributed to the la stocks will be maintained and attributed to the new stocks starling c An 800 000 euros Toan; paid back by constant fractions over a period of4 year the first installment inter ning bythe end ofthe firstyear at a rate of 9% The current activities generate an operating cash fley of 300 000 euros that will remain constant throughout the plan lifespan The old loans were fully reimbursed The initial treasury is negligible The-corporate tax t is 33,33% a) Calculate the forecasted operating cash flows b) Establish the financial plan for a 4 years period c) Knowing that the fi enjoys a comfortable scope for debt, propose a solutin to eguilibrate thepian. Present the iew accounting balances cd) fhe cash low of the finst yeawl not be cashed at the same time: What problem may that causes
