ve5range.doc 25KB Jun 05 2011 09:30:41 PM

Profile
Owners Information
Income Statement Historic
Income Statement Percentages (Historic)
Income Statement Adjustments
Income Statement Adjusted
Income Statement Percentages (Adjusted)
Balance Sheet Historic
Balance Sheet Percentages (Historic)
Balance Sheet Adjusted
Balance Sheet Percentages (Adjusted)
Operating Cash Flow
Ratios (Historic)
Income Statement Percentages (Historic) vs. Industry
Balance Sheet Percentages (Historic) vs. Industry
Ratios (Adjusted)
Income Statement Percentages (Adjusted) vs. Industry
Balance Sheet Percentages (Adjusted) vs. Industry
Excess/Non-Operating Assets
Asset Conclusions
Company Specific Premium

Sustainable Growth Rate
Capitalization Rate Conclusions
Weighted Average Cost of Capital Capitalization Rate
Capitalization of Earnings Weighting (Earnings)
Capitalization of Earnings Weighting (Pre-Tax C/F)
Capitalization of Earnings Weighting (After-Tax C/F)
Capitalization of Earnings Conclusions
Capitalization of Excess Earnings Persistence Rate
Capitalization of Excess Earnings Build-up Rate
Capitalization of Excess Earnings Excess Earnings
Capitalization of Excess Earnings Weighting
Capitalization of Excess Earnings Conclusions
Weighted Average Cost of Capital Discount Rate
DFE Weighting (Pre-Tax C/F)
DFE Weighting (After-Tax C/F)
DFE Weighting (Earnings)
DFE Industry Growth Calculation
DFE Manual Growth Calculation
DFE Trendline Calculation
DFE Average Business Growth Calculation

DFE Terminal Value Calculation
Discounted Future Earnings
Public Guideline Methods Earnings Base
Public Guideline Methods Revenue Base
Public Guideline Method Conclusions
Private Guideline Method Bizcomps CF Base
Private Guideline Method Bizcomps Rev Base
Private Guideline Method Bizcomps Conclusions
Private Guideline Method MidMarket Earn Base
Private Guideline Method MidMarket Rev Base
Private Guideline Method MidMarket Conclusions
Private Guideline Method Conclusions

T21:Z39
B51:F61
I114:R131
I157:R174
CC131:CM165
I135:R153
I58:R75

CC49:CM77
CC225:CM253
CC90:CM119
CC259:CM287
I229:P258
CQ112:DC140
CQ6:DC17
CQ48:DC72
CQ149:CU177
CQ27:DC38
CQ80:CU104
CC199:CM212
CC176:CK188
AE107:AK121
T85:Z90
AC44:AG62
AC182:AK197
DG5:DP19
DG26:DP42
DG49:DP69

AC28:AI38
AI60:AM62
AC63:AG66
T113:X120
DG160:DP174
AD161:AI172
AC207:AK222
DG75:DP91
DG98:DP118
DG123:DP137
BA168:BL183
BB103:BD114
AW102:AZ107
AW110:AZ116
AQ105:AU111
AO67:AY86
DG223:DP235
DG238:DP248
DR4:EA23
I24:R39

DG209:DP219
DR28:DY61
DG180:DP192
DG195:DP205
DR68:EC102
DS107:EC118

Conclusions of Value
Premiums & Discounts
Interest Valued
Hypothetical Terms of Sale
Post-Sale Cash Flow (Annual)
Post-Sale Cash Flow (Monthly
Equivalent Cash Value
Return on Investment
Performance What-If
Valuation What-If
Buy/Sell Multiple

AO4:AY22

T170:Z190
BA142:BL157
AC66:AM76
BB237:BX250
BB5:CB18
AO46:AY62
BA29:BL43
I5:R16
AD83:AM98
AF227:AK233