(b) Five-year Forecast of Landmark's Income and Cash Flow, 2015-2019 ($ millions) Net sales Operating profit...

 

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(b) Five-year Forecast of Landmark's Income and Cash Flow, 2015-2019 ($ millions) Net sales Operating profit Net income Depreciation and amortization Change in net working capital Capital expenditure Total FCF Net sales Operating profit Interest expense Net income Depreciation and amortization 2015 362.8 5.4 3.5 2.1 Change in net working capital Capital expenditure Total FCF 1.3 3.6 0.7 2015 168.4 6.7 04 2016 380.9 5.7 3.1 0.4 4.2 2.8 3.7 2.4 1.3 3.8 1.0 Exhibit 3b Five-year Forecast of Broadway's Income and Cash Flow, 2015-2019 ($ millions) 2016 2017 175.1 7.0 0.4 43 3.3 0.4 4.4 3.1 "Numbers in the exhibits are based on the assumption that Broadway does not acquire Landmark 2017 400.0 6.0 3.9 2.7 14 4.0 1.2 2018 420.0 6.3 4.1 3.0 182.1 7.3 0.4 4.5 3.5 0.4 4.6 3.3 1.5 4.2 1.4 2018 189.4 7.6 0.4 4.7 3.7 0.4 4.7 3.5 2019 4410 6.6 43 33 1.6 44 1.6 2019 197.0 7.9 0,4 4.9 3.9 0,4 4.9 3,7 Calculate the cash flows arising from synergies over the next five (5) years, i.e. 2015 to 2019. Assume there are no doubts about the task force assumptions. (b) Five-year Forecast of Landmark's Income and Cash Flow, 2015-2019 ($ millions) Net sales Operating profit Net income Depreciation and amortization Change in net working capital Capital expenditure Total FCF Net sales Operating profit Interest expense Net income Depreciation and amortization 2015 362.8 5.4 3.5 2.1 Change in net working capital Capital expenditure Total FCF 1.3 3.6 0.7 2015 168.4 6.7 04 2016 380.9 5.7 3.1 0.4 4.2 2.8 3.7 2.4 1.3 3.8 1.0 Exhibit 3b Five-year Forecast of Broadway's Income and Cash Flow, 2015-2019 ($ millions) 2016 2017 175.1 7.0 0.4 43 3.3 0.4 4.4 3.1 "Numbers in the exhibits are based on the assumption that Broadway does not acquire Landmark 2017 400.0 6.0 3.9 2.7 14 4.0 1.2 2018 420.0 6.3 4.1 3.0 182.1 7.3 0.4 4.5 3.5 0.4 4.6 3.3 1.5 4.2 1.4 2018 189.4 7.6 0.4 4.7 3.7 0.4 4.7 3.5 2019 4410 6.6 43 33 1.6 44 1.6 2019 197.0 7.9 0,4 4.9 3.9 0,4 4.9 3,7 Calculate the cash flows arising from synergies over the next five (5) years, i.e. 2015 to 2019. Assume there are no doubts about the task force assumptions.

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a Five year Fore cast of Land mark s Income and Cash Flow 2015 2019 millions ANS WER Calculations Ne... View the full answer