Question
Please calculate free cash flow for 2006 given the following 2002 2003 2004 2005 2006 Forecast Cash 2,837 3,330 3,043 4,180 4,720 Accounts Receivable 18,092
Please calculate free cash flow for 2006 given the following
2002 | 2003 | 2004 | 2005 | 2006 Forecast | |
Cash | 2,837 | 3,330 | 3,043 | 4,180 | 4,720 |
Accounts Receivable | 18,092 | 19,823 | 23,104 | 28,203 | 30,893 |
Inventory | 3,549 | 4,238 | 4,233 | 4,615 | 5,307 |
Current Assets | 24,478 | 27,391 | 30,380 | 36,998 | 40,920 |
Plant and Equipment | 87,534 | 91,392 | 93,569 | 97,476 | 105,976 |
112,012 | 118,783 | 123,949 | 134,474 | 146,896 | |
Accounts Payable | 8,891 | 9,609 | 11,067 | 13,534 | 15,563 |
Other Accrued Expenses | 5,313 | 5,713 | 6,490 | 7,897 | 8,916 |
Current Liabilities | 14,204 | 15,322 | 17,557 | 21,431 | 24,479 |
Long-Term Debt | 55,000 | 75,000 | 71,000 | 67,000 | 67,000 |
Owners' Equity | 42,808 | 28,461 | 35,392 | 46,043 | 55,417 |
112,012 | 118,783 | 123,949 | 134,474 | 146,896 |
2002 | 2003 | 2004 | 2005 | 2006 | |
Sales | 128,978 | 143,560 | 161,863 | 185,815 | 209,788 |
Cost of Goods Sold | 100,857 | 111,203 | 125,756 | 144,594 | 166,300 |
Gross Margin | 28,121 | 32,357 | 36,107 | 41,221 | 43,488 |
General and Administrative | 12,482 | 13,685 | 18,131 | 17,327 | 19,510 |
Earnings Before Interest and Taxes (EBIT) | 15,639 | 18,672 | 17,976 | 23,894 | 23,978 |
Interest | 4,537 | 6,150 | 5,964 | 5,695 | 5,695 |
11,102 | 12,522 | 12,012 | 18,199 | 18,283 | |
Tax | 3,882 | 4,288 | 4,312 | 6,210 | 6,399 |
Net Income | 7,220 | 8,234 | 7,700 | 11,989 | 11,884 |
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