Summary of Financial Financial Projections in Constant 1997 Dollars ($ millions)
Total assets Current senior debt Net senior debt Subordinated debt (quasi-equity) Retained Earnings Share capital Total capital Senior debt/Total capital Current ratio a DSCR (senior debt) DSCR (total debt)
a b
1 9 98
1 9 99
2 0 00
2 00 1
2 0 02
2 0 03
2004
163
7 78
1,252
1,328
1,272
1,202
1 ,1 3 2
1,062
3 66
29 5 95
57 592
70 522
70 451
70 38 1
70 311
85
1 44
10 0 163
3 27 7 78
4 84 1,252
150 13 500 1,312
15 0 13 500 1,255
150 13 5 00 1,184
150 13 500 1,114
15 0 13 500 1 ,0 4 4
39%
47 %
50 %
49% 1.3
47% 1.4
44% 1 .6
40% 1 .8
36% 2.0
5 .2
1 .7
1 .6
1.7
1.8
4 .6
1 .6
1 .5
1.6
1.6
3 94 17 0 12
429 189 52
429 190 47
4 29 19 0 41
429 186 35
29
57
70
70
70
51
57
63
66
63
a
Sales Cash flow (pre interest) Interest on senior debt Senior debt principal repayment b Equity investment Dividends and subordinate debt interest Subordinated debt principal repayment
Source:
1997
1 00
3 12
2 16
22 63
Company documents, IFC analysis, and casewriter estimates.
DSCR = debt service coverage ratio ratio = cash flow (principal + interest). The equity investment includes both equity and subordinated debt (quasi-equity) investments.
Senior Debt Subordinated Debt Equity Total Value of Project
63
3 03
2 58
54
0 100
85 2 27
59 1 57
6 16
Senior Debt Payment (Principal+Interest) Total Debt payment (Principal + Interest) Interest For Subordinated Debt
Thank you for interesting in our services. We are a non-profit group that run this website to share documents. We need your help to maintenance this website.