PC #35 QNAPCA8010100000039926c100 a00008ctkaw-00158ckem 1509124941951 0AAA6BAFOL Slide # 1: Key Attributes of SSPI's current Collection System (Eastern Region, Last Year's Data) 1. Our eastern region customers, stores that sell our colored sugar chips and granulated and powered products, remit 9,900 checks per month to our office in Wichita. 2. Annual collections for the region were $54,750,000. 3. The average delay due to float was 15 days (8 days mail float, 4 days processing float, and 3 days clearing float) 4. Our Wichita bank currently charges $24,000 per year in service charges and fees of $o.25 per payment to process these payments. 5. SSPI maintains a marketable securities portfolio that earns an average return of 4.00 CFO Okay, let's stop here for a second. I have a question. How much does our current system cost us? Ryan Ma'am, you're getting ahead of me a little; that information is detailed on slide 2. Let me show Slide 82: Costs of SSPI's Current Collection System (Eastern Region, Last Year's Data) Annual service charges $24,000 Cost of the current system m $4 1.820 cro Good. What's next? Ryan th contrast to the exisbing system, our wichita bank has offered to create a lockbox system that would involve customers sendinsi their payments directly to region. The banks will process the deposilts and then wire the funds to our benk in wichita The specifics of the proposal are detailed in side 3 Slide #3: Costs of SSPI's Proposed Lockbox System DELL 6