PLEASE ANSWER ALL EMPTY BOXES THANK YOU
Company A's Projected Operating Performance STEP 5: OPERATING PROJECTIONS BY GEOGRAPHIC REGION Historical Operating Performance Year 9 Year 10 Year 11 Camera / Drone Operations in Company Industry Company Industry Company Industry North America A Average Average A Average AC Cameras Average Net Revenue ($ per unit) 307.19 286.63 343.76 285.34 391.37 290.36 Year 12 Year 13 Year 14 0.00 0.00 0.00 Units Sold (000s) 270.90 349.01 220.50 360.81 196.70 384.84 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.62 164.63 159.59 164.17 164.69 164.97 0.00 0.00 0.00 Delivery Expenses ($ per unit) 6.00 5.28 6.00 5.36 6.00 5.34 0.00 0.00 0.00 Marketing Expenses ($ per unit) 23.26 22.47 28.57 23.91 32.03 24.32 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 7.01 9.22 6.67 10.88 6.41 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,283.18 1,344.62 1,570.64 1,354.93 1,575.73 1,376.60 0.00 0.00 0.00 Units Sold (000s) 64.50 81.89 64.20 87.05 63.40 95.27 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,066.73 925.61 1,023.01 941.60 860.02 925.00 0.00 0.00 0.00 Delivery Expenses (5 per unit) 49.26 48.16 46.78 47.75 47.52 48.33 0.00 0.00 0.00 Marketing Expenses ($ per unit) 68.22 64.37 68.54 69.51 69.40 70.66 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.53 9.11 10.83 8.72 12.37 8.29 0.00 0.00 0.00 Historical Operating Performance Year 9 Year 10 Year 11 Company Industry Company Industry Company Industry Average A Average A Average Company A's Projected Operating Performance Camera / Drone Operations in Europe-Africa AC Cameras Year 12 Year 13 Year 14 Average Net Revenue ($ per unit) 274.21 275.82 299.13 289.60 353.63 299.20 0.00 0.00 0.00 Units Sold (000s) 246.20 294.00 228.50 311.01 204.00 322.63 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.61 163.77 159.57 163.53 164.69 163.74 0.00 0.00 0.00 Delivery Expenses ($ per unit) 17.00 16.35 18.00 17.00 20.00 17.18 0.00 0.00 0.00 Marketing Expenses ($ per unit) 18.85 20.81 20.31 21.68 22.75 22.74 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 7.04 9.21 6.73 10.88 6.51 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,202.29 1,325.59 1,489.67 1,378.78 1,514.77 1,443.18 0.00 0.00 0.00 Units Sold (000s) 55.80 66.66 58.20 74.26 57.90 78.54 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,066.88 922.65 1,023.16 943.24 860.07 925.58 0.00 0.00 0.00 Delivery Expenses ($ per unit) 97.89 101.45 109.12 103.08 109.34 105.62 0.00 0.00 0.00 Marketing Expenses ($ per unit) 58.14 66.61 56.60 71.82 57.75 73.49 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.54 9.11 10.82 8.74 12.37 8.34 0.00 0.00 0.00 Historical Operating Performance Year 9 Year 10 Year 11 Company Industry Company Industry Company Industry Average A Average A Average Company A's Projected Operating Performance Camera / Drone Operations in Asia-Pacific Year 12 Year 13 Year 14 AC Cameras Average Net Revenue ($ per unit) 285.49 276.22 299.14 277.81 351.59 287.89 0.00 0.00 0.00 Units Sold (000) 177.50 264.98 178.20 289.95 166.80 308.89 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.62 162.92 159.57 162.86 164.68 163.80 0.00 0.00 0.00 Delivery Expenses ($ per unit) 22.50 21.25 24.00 22.09 27.00 22.53 0.00 0.00 0.00 Marketing Expenses ($ per unit) 16.96 18.33 17.40 19.32 18.59 19.78 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 7.01 9.21 6.67 10.88 6.39 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,251.51 1,312.78 1,346.32 1,304.99 1,360.60 1,347.13 0.00 0.00 0.00 Units Sold (000s) 38.30 46.65 39.90 53.07 48.00 57.86 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,052.72 910.84 1,009.77 931.19 845.46 910.72 0.00 0.00 0.00 Delivery Expenses ($ per unit) 121.85 123.41 130.50 126.12 130.60 128.20 0.00 0.00 0.00 Marketing Expenses ($ per unit) 57.86 63.77 56.79 64.71 47.21 67.15 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.52 9.03 10.83 8.71 12.35 8.32 0.00 0.00 0.00 Camera / Drone Operations in Latin America AC Cameras Company Industry Average Company A Industry Average Company A Industry Average Year 12 Year 13 Year 14 Average Net Revenue ($ per unit) 247.12 234.15 312.10 279.31 416.90 323.92 0.00 0.00 0.00 Units Sold (000s) 116.20 187.00 113.20 207.21 105.00 224.63 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.59 162.52 159.57 162.92 164.67 163.12 0.00 0.00 0.00 Delivery Expenses (5 per unit) 22.50 20.94 24.00 21.49 27.00 21.66 0.00 0.00 0.00 Marketing Expenses ($ per unit) 18.07 21.67 18.55 20.43 20.00 21.16 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 6.96 9.21 6.65 10.88 6.37 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,081.03 1,142.69 1,401.87 1,373.34 1,609.70 1,624.97 0.00 0.00 0.00 Units Sold (000s) 23.40 29.78 24.60 32.49 29.80 35.65 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,053.33 916.19 1,009.67 937.35 845.10 917.80 0.00 0.00 0.00 Delivery Expenses ($ per unit) 121.07 123.75 129.72 126.64 129.70 129.25 0.00 0.00 0.00 Marketing Expenses ($ per unit) 55.56 64.78 60.98 76.57 50.34 83.39 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.56 9.09 10.81 8.74 12.38 8.40 0.00 0.00 0.00 Year 9 Historical Operating Performance Year 10 Year 11 Company Industry Company Industry Average A Average Company A's Projected Operating Performance Camera / Drone Operations Company in Industry Average Year 12 Year 13 Year 14 Total Interest Costs ($000s) 6,450 6,733 4.501 3,903 2,707 2,717 0 0 0 Shares Issued 0 0 0 0 0 0 0 0 0 Stock (000s) Shares Retired 1,200 410 0 337 0 276 0.00 0.00 0.00 Annual Dividend ($ per share) 0 0 0 1 0 1 0 0 0 Company A's Projected Income Performance Year 12 Year 13 Year 14 Income Statements AC Cameras Company A's Historical Income Performance Year 9 Year 10 Year 11 230, 118 232,786 251,541 223,082 275,738 300,884 453,200 508,524 552,425 0 0 0 Net Revenues 0 0 0 UAV Drones Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 308,503 30,182 27,600 8,845 133,394 4,501 128,893 38,668 90,225 0 0 0 280,837 32,077 27,650 9,779 202,082 2,707 199,375 59,813 139,562 $7.42 0 0 0 Cost of Units Sold Delivery Costs Marketing Costs Administrative Expenses Total Operating Profit Interest Costs Pre-Tax Profit Income Taxes Net Profit Earnings Per Share ($ per share) Dividends Per Share (S per share) Return On Average Equity (ROE) Shares of Stock Outstanding (000s) Total Shareholder Equity 0 332,448 28,557 27,210 8,965 56,020 6,450 49,570 14,871 34,699 $1.85 $0.00 17.6% 18,800 175,946 0 0 0 0 0 0 0 $4.80 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 40.8% 41.5% 18,800 405,815 18,800 $0.00 0.0% 18,800 405,815 0.0% 18,800 405,815 0.0% 18,800 405,815 266,172 Company A's Projected Operating Performance STEP 5: OPERATING PROJECTIONS BY GEOGRAPHIC REGION Historical Operating Performance Year 9 Year 10 Year 11 Camera / Drone Operations in Company Industry Company Industry Company Industry North America A Average Average A Average AC Cameras Average Net Revenue ($ per unit) 307.19 286.63 343.76 285.34 391.37 290.36 Year 12 Year 13 Year 14 0.00 0.00 0.00 Units Sold (000s) 270.90 349.01 220.50 360.81 196.70 384.84 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.62 164.63 159.59 164.17 164.69 164.97 0.00 0.00 0.00 Delivery Expenses ($ per unit) 6.00 5.28 6.00 5.36 6.00 5.34 0.00 0.00 0.00 Marketing Expenses ($ per unit) 23.26 22.47 28.57 23.91 32.03 24.32 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 7.01 9.22 6.67 10.88 6.41 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,283.18 1,344.62 1,570.64 1,354.93 1,575.73 1,376.60 0.00 0.00 0.00 Units Sold (000s) 64.50 81.89 64.20 87.05 63.40 95.27 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,066.73 925.61 1,023.01 941.60 860.02 925.00 0.00 0.00 0.00 Delivery Expenses (5 per unit) 49.26 48.16 46.78 47.75 47.52 48.33 0.00 0.00 0.00 Marketing Expenses ($ per unit) 68.22 64.37 68.54 69.51 69.40 70.66 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.53 9.11 10.83 8.72 12.37 8.29 0.00 0.00 0.00 Historical Operating Performance Year 9 Year 10 Year 11 Company Industry Company Industry Company Industry Average A Average A Average Company A's Projected Operating Performance Camera / Drone Operations in Europe-Africa AC Cameras Year 12 Year 13 Year 14 Average Net Revenue ($ per unit) 274.21 275.82 299.13 289.60 353.63 299.20 0.00 0.00 0.00 Units Sold (000s) 246.20 294.00 228.50 311.01 204.00 322.63 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.61 163.77 159.57 163.53 164.69 163.74 0.00 0.00 0.00 Delivery Expenses ($ per unit) 17.00 16.35 18.00 17.00 20.00 17.18 0.00 0.00 0.00 Marketing Expenses ($ per unit) 18.85 20.81 20.31 21.68 22.75 22.74 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 7.04 9.21 6.73 10.88 6.51 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,202.29 1,325.59 1,489.67 1,378.78 1,514.77 1,443.18 0.00 0.00 0.00 Units Sold (000s) 55.80 66.66 58.20 74.26 57.90 78.54 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,066.88 922.65 1,023.16 943.24 860.07 925.58 0.00 0.00 0.00 Delivery Expenses ($ per unit) 97.89 101.45 109.12 103.08 109.34 105.62 0.00 0.00 0.00 Marketing Expenses ($ per unit) 58.14 66.61 56.60 71.82 57.75 73.49 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.54 9.11 10.82 8.74 12.37 8.34 0.00 0.00 0.00 Historical Operating Performance Year 9 Year 10 Year 11 Company Industry Company Industry Company Industry Average A Average A Average Company A's Projected Operating Performance Camera / Drone Operations in Asia-Pacific Year 12 Year 13 Year 14 AC Cameras Average Net Revenue ($ per unit) 285.49 276.22 299.14 277.81 351.59 287.89 0.00 0.00 0.00 Units Sold (000) 177.50 264.98 178.20 289.95 166.80 308.89 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.62 162.92 159.57 162.86 164.68 163.80 0.00 0.00 0.00 Delivery Expenses ($ per unit) 22.50 21.25 24.00 22.09 27.00 22.53 0.00 0.00 0.00 Marketing Expenses ($ per unit) 16.96 18.33 17.40 19.32 18.59 19.78 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 7.01 9.21 6.67 10.88 6.39 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,251.51 1,312.78 1,346.32 1,304.99 1,360.60 1,347.13 0.00 0.00 0.00 Units Sold (000s) 38.30 46.65 39.90 53.07 48.00 57.86 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,052.72 910.84 1,009.77 931.19 845.46 910.72 0.00 0.00 0.00 Delivery Expenses ($ per unit) 121.85 123.41 130.50 126.12 130.60 128.20 0.00 0.00 0.00 Marketing Expenses ($ per unit) 57.86 63.77 56.79 64.71 47.21 67.15 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.52 9.03 10.83 8.71 12.35 8.32 0.00 0.00 0.00 Camera / Drone Operations in Latin America AC Cameras Company Industry Average Company A Industry Average Company A Industry Average Year 12 Year 13 Year 14 Average Net Revenue ($ per unit) 247.12 234.15 312.10 279.31 416.90 323.92 0.00 0.00 0.00 Units Sold (000s) 116.20 187.00 113.20 207.21 105.00 224.63 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 171.59 162.52 159.57 162.92 164.67 163.12 0.00 0.00 0.00 Delivery Expenses (5 per unit) 22.50 20.94 24.00 21.49 27.00 21.66 0.00 0.00 0.00 Marketing Expenses ($ per unit) 18.07 21.67 18.55 20.43 20.00 21.16 0.00 0.00 0.00 Administrative Expenses ($ per unit) 8.69 6.96 9.21 6.65 10.88 6.37 0.00 0.00 0.00 UAV Drones Average Net Revenue ($ per unit) 1,081.03 1,142.69 1,401.87 1,373.34 1,609.70 1,624.97 0.00 0.00 0.00 Units Sold (000s) 23.40 29.78 24.60 32.49 29.80 35.65 0.00 0.00 0.00 Cost of Units Sold ($ per unit) 1,053.33 916.19 1,009.67 937.35 845.10 917.80 0.00 0.00 0.00 Delivery Expenses ($ per unit) 121.07 123.75 129.72 126.64 129.70 129.25 0.00 0.00 0.00 Marketing Expenses ($ per unit) 55.56 64.78 60.98 76.57 50.34 83.39 0.00 0.00 0.00 Administrative Expenses ($ per unit) 10.56 9.09 10.81 8.74 12.38 8.40 0.00 0.00 0.00 Year 9 Historical Operating Performance Year 10 Year 11 Company Industry Company Industry Average A Average Company A's Projected Operating Performance Camera / Drone Operations Company in Industry Average Year 12 Year 13 Year 14 Total Interest Costs ($000s) 6,450 6,733 4.501 3,903 2,707 2,717 0 0 0 Shares Issued 0 0 0 0 0 0 0 0 0 Stock (000s) Shares Retired 1,200 410 0 337 0 276 0.00 0.00 0.00 Annual Dividend ($ per share) 0 0 0 1 0 1 0 0 0 Company A's Projected Income Performance Year 12 Year 13 Year 14 Income Statements AC Cameras Company A's Historical Income Performance Year 9 Year 10 Year 11 230, 118 232,786 251,541 223,082 275,738 300,884 453,200 508,524 552,425 0 0 0 Net Revenues 0 0 0 UAV Drones Total 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 308,503 30,182 27,600 8,845 133,394 4,501 128,893 38,668 90,225 0 0 0 280,837 32,077 27,650 9,779 202,082 2,707 199,375 59,813 139,562 $7.42 0 0 0 Cost of Units Sold Delivery Costs Marketing Costs Administrative Expenses Total Operating Profit Interest Costs Pre-Tax Profit Income Taxes Net Profit Earnings Per Share ($ per share) Dividends Per Share (S per share) Return On Average Equity (ROE) Shares of Stock Outstanding (000s) Total Shareholder Equity 0 332,448 28,557 27,210 8,965 56,020 6,450 49,570 14,871 34,699 $1.85 $0.00 17.6% 18,800 175,946 0 0 0 0 0 0 0 $4.80 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 40.8% 41.5% 18,800 405,815 18,800 $0.00 0.0% 18,800 405,815 0.0% 18,800 405,815 0.0% 18,800 405,815 266,172
