4. Assume that JCP will experience a $1.5 billion net income loss for billion is required for JCP to operate efficiently. Create a pro forma JCP's external funding required by year-end 2013. EXHIBIT 36.1 Income Statements 2010-2012 (in millions of dollars, except per-share data) 2012 2011 2010 12,985 8,919 4,066 4,535 298 543 5,376 (1,310) 17,260 11.042 6,218 5,251 451 518 6,220 (2) 17,759 10.799 6,960 5,358 255 515 6,128 832 Total revenue Cost of revenue Gross profit Selling general and administrative Non recurring Others Total operating expenses Operating income or loss Income from continuing operations Total other income/expenses net Earnings before interest and taxes Interest expense Income before tax Income tax expense Net income Wt. avg. shares for basic EPS-basic Weighted average shares-diluted Basic earnings per share Diluted earnings per share 9 0 (1,310) 226 (1,536) (551) (985) 219.2 219.2 ($4.49) ($4.49) 0 (2) 227 (229) (77) (152) 217.4 217.4 ($0.70) ($0.70) 823 231 592 203 389 236.4 238.0 $1.64 $1.63