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Please consider the following company financials: Amounts in min dollars 31-12-13 actuals 31-12-19 31-12-20 31-12-21 forecast forecast forecast 31-12-22 forecast 31-12-23 forecast 31-12-24 forecast 208

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Please consider the following company financials: Amounts in min dollars 31-12-13 actuals 31-12-19 31-12-20 31-12-21 forecast forecast forecast 31-12-22 forecast 31-12-23 forecast 31-12-24 forecast 208 208 208 234 208 208 310 Balance shees Goodwill Tangible foxed assets Inventories Accounts Receivable Other operating short term assets Cash Total 263 102 193 120 208 290 112 213 29 246 95 180 25 42 795 208 276 107 202 28 37 850 172 23 42 769 228 301 117 221 30 41 918 37 31 50 $47 317 234 312 259 312 272 312 312 312 Equity Interest bearing debe Operating provisions Accounts Payable Other operating short term liabilities Total 246 312 31 168 301 312 51 204 50 918 178 158 39 769 46 196 48 187 46 56 210 52 947 796 780 452 328 819 475 3:44 1 005 583 560 1.035 600 435 117 123 534 388 138 74 174 Profit & Loss Account Revenues Cost of goods sold Gross margin Personnel cost - Other operating cost EBITDA Depreciation EBITA - Amortization EBIT - Interest PBT - Taxes Net profit 155 33 876 508 368 131 70 167 34 133 0 133 16 117 29 151 80 191 38 154 155 83 197 41 156 149 31 118 0 118 16 102 26 76 R 145 77 184 37 147 0 147 16 131 33 98 0 122 16 105 27 79 456 138 o 138 16 122 31 91 152 16 136 34 102 105 What is the present value (at December 2018) of the free cash flow of 2024 for this company? Please assume a WACC of 8% and a tax rate of 25%. Please round your answer to the nearest whole number and provide your answer in USD millions without a dollar sign (e.g. 100 instead of $100). 4.0 points

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