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Sora Industries has 60 million outstanding shares, $125 million in debt, $53 million in cash, and the following projected free cash flow for the next

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Sora Industries has 60 million outstanding shares, $125 million in debt, $53 million in cash, and the following projected free cash flow for the next four years Year 2 4 Earnings and FCF Forecast ($ million) 468.0 8.1% 574.3 50% (313.6)(345.7) (366.5)(384.8) 189.5 (93.6) (103.2) 109.4)(114.9) (9.5) 65.2 516.0 10.3% 547.0 6.0% 1 Sales 2 Growth vs. Prior Year 3 Cost of Goods Sold 4 433.0 154.4 170.3 Gross Profit 5 Selling, General, & Admin 6 Depreciation 7 EBIT 8 Less: Income Tax at 40% 9 Plus: Depreciation 180.5 (7.5) 59.6 (21.5 (23.8) 24.8) 7.5 (7.0) 53.8 (9.0) 62.1 7.0 9.0 9.5

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