SVARN INFRATEL PRIVATE LIMITED

PROJECTIONS - FY 2024-25 to FY 2028-29

Summary 30.95% 25.82%

Particulars FY 2024-25 FY 2025-26 FY 2026-27
Sales 1,050 1,375 1,730
Cable 620 865 1,145
Sheet Metal 430 510 585
RMC 747 970 1,204
GP 303 405 526
Indirect Cost 209 267 325
PBT 94 138 201
Tax 24 35 51
PAT 70 103 150

Export Mix
Exports FY 2024-25 FY 2025-26 FY 2026-27
Telecom 75 90 100
UL 25 35 100
Renewable - 25 40
Total 100 150 240

Sales Mix
Particulars FY 2024-25 FY 2025-26 FY 2026-27
Telecom 480 505 525
Project 90 120 120
Railway 110 180 250
Exports 100 150 240
Automotive 90 150 250
Defence 50 75 120
Power Cable 100 150 150
Renewable 30 45 75
Total 1,050 1,375 1,730
 34.39% 26.88%
FY 2027-28 FY 2028-29 Summary
2,325 2,950
1,700 2,225 3,000
625 725 2,000
1,621 2,061
704 889 1,000
414 514 -
290 375 Sales Cable Sheet RMC GP
Metal
73 94
217 280 FY 2024-25 FY 2025-26 FY 2026-27 F

Export Mix
FY 2027-28 FY 2028-29 500
120 150
400
170 210
60 90 300
350 450 200
100
-
FY 2024-25 FY 2025-26 FY 2026-27

Telecom UL Renewa

FY 2027-28 FY 2028-29 Sales Mix

550 575
120 120 Renewable
300 420 Power Cable
350 450 Defence
350 450 Automotive
230 280 Exports
300 480 Railway
125 175 Project
2,325 2,950 Telecom
- 100 200 300 4

FY 2028-29 FY 2027-28 FY 2026-27

 Summary

Sheet RMC GP Indirect PBT Tax PAT

Metal Cost

5 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29

Export Mix

FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29

Telecom UL Renewable Total

Sales Mix

200 300 400 500 600 700

FY 2027-28 FY 2026-27 FY 2025-26 FY 2024-25

SVARN INFRATEL PRIVATE LIMITED
PROJECTIONS - FY 2024-25 to FY 2028-29
INR Crs
2025 2026 2027 2028 2029
Projn. Projn. Projn. Projn. Projn.
Sales
Telecom
Cable 270.00 290.00 290.00 310.00 330.00
Sheet Metal 210.00 215.00 235.00 240.00 245.00
Project
Cable - - - - -
Sheet Metal 90.00 120.00 120.00 120.00 120.00
Railway
Cable 35.00 90.00 130.00 180.00 240.00
Sheet Metal 75.00 90.00 120.00 120.00 180.00
Exports
Cable 95.00 140.00 220.00 320.00 410.00
Sheet Metal 5.00 10.00 20.00 30.00 40.00
Automotive
Cable 90.00 150.00 250.00 350.00 450.00
Sheet Metal - - - - -
Defence
Cable - - 30.00 115.00 140.00
Sheet Metal 50.00 75.00 90.00 115.00 140.00
Power Cable
Cable 100.00 150.00 150.00 300.00 480.00
Sheet Metal - - - - -
Renewable
Cable 30.00 45.00 75.00 125.00 175.00
Sheet Metal - - - - -
Total Sales 1,050.00 1,375.00 1,730.00 2,325.00 2,950.00
less : Cost of material 747.00 970.25 1,203.80 1,620.90 2,061.20
Gross Margin 303.00 404.75 526.20 704.10 888.80
Expenses
Cable 93.00 128.89 168.89 248.20 322.63
Sheet Metal 116.10 137.19 156.49 165.63 191.40
Total Expenses 209.10 266.07 325.38 413.83 514.03
PBT 93.90 138.68 200.83 290.28 374.77
Tax @25.168% 23.63 34.90 50.54 73.06 94.32
PAT 70.27 103.77 150.28 217.22 280.45
PAT Margin 6.69% 7.55% 8.69% 9.34% 9.51%

FY25 Sectorwise P&L Split

Particulars Total Telecom Project Railway Exports Automotive

Sales 1,050 480 90 110 100 90

Cable 620 270 - 35 95 90
Sheet Metal 430 210 90 75 5 -

Gross Margin (%) 29% 26% 38% 28% 34% 27%

RMC and Direct Expenses 71% 74% 62% 72% 66% 73%

Gross Margin 303 125 34 31 34 24

Total Cost 209 97 24 26 16 14

Cables (15%) 93 41 - 5 14 14
Sheet Metal (27%) 116 57 24 20 1 -

PBT 94 28 10 5 18 11
8.94%
Tax @ 25.168% 24 8 4 1 5 6

PAT 70 20 6 4 14 5
Margins 6.69% 4.17% 6.97% 3.87% 13.77% 5.17%

FY26 Sectorwise P&L Split

Particulars Total Telecom Project Railway Exports Automotive
Sales 1,375 505 120 180 150 150
Cable 865 290 - 90 140 150
Sheet Metal 510 215 120 90 10 -

Gross Margin (%) 29% 26% 38% 30% 34% 27%

RMC and Direct Expenses 71% 74% 62% 70% 66% 73%

Gross Margin 405 131 46 54 51 41

Total Cost 267 101 32 38 24 22

Cables (14.9%) 129 43 - 13 21 22
Sheet Metal (26.9%) 138 58 32 24 3 -

PBT 138 30 13 16 27 18
10.05%
Tax @ 25.168% 35 - - - - -

PAT 103 30 13 16 27 18
Margins 7.52% 5.95% 11.00% 9.05% 18.29% 12.10%

FY27 Sectorwise P&L Split 1,718.75

Particulars Total Telecom Project Railway Exports Automotive

Sales 1,730 525 120 250 240 250

Cable 1,145 290 - 130 220 250
Sheet Metal 585 235 120 120 20 -

Gross Margin (%) 30% 26% 38% 30% 34% 30%

RMC and Direct Expenses 70% 74% 62% 70% 66% 70%

Gross Margin 526 137 46 75 82 75

Total Cost 325 106 32 51 38 37

Cables (14.75%) 169 43 - 19 32 37
Sheet Metal (26.75%) 156 63 32 32 5 -

PBT 201 31 14 24 44 38
11.61%
Tax @ 25.168% 51 - - - - -

PAT 150 31 14 24 44 38
Margins 8.69% 5.88% 11.25% 9.49% 18.25% 15.25%

FY28 Sectorwise P&L Split 2,335.5

Particulars Total Telecom Project Railway Exports Automotive

Sales 2,325 550 120 300 350 350

Cable 1,700 310 - 180 320 350
Sheet Metal 625 240 120 120 30 -

Gross Margin (%) 30% 26% 38% 30% 34% 30%

RMC and Direct Expenses 70% 74% 62% 70% 66% 70%

Gross Margin 704 143 46 90 119 105

Total Cost 414 109 32 58 55 51

Cables (14.6%) 248 45 - 26 47 51
Sheet Metal (26.5%) 166 64 32 32 8 -

PBT 290 34 14 32 64 54
12.48%
Tax @ 25.168% 73 - - - - -

PAT 217 34 14 32 64 54
Margins 9.34% 6.21% 11.50% 10.64% 18.38% 15.40%

FY29 Sectorwise P&L Split 2,906.25

Particulars Total Telecom Project Railway Exports Automotive

Sales 2,950 575 120 420 450 450

Cable 2,225 330 - 240 410 450
Sheet Metal 725 245 120 180 40 -

Gross Margin (%) 30% 26% 38% 30% 34% 30%

RMC and Direct Expenses 70% 74% 62% 70% 66% 70%

Gross Margin 889 150 46 126 153 135

Total Cost 514 113 32 82 70 65

Cables (14.5%) 323 48 - 35 59 65
Sheet Metal (26.4%) 191 65 32 48 11 -

PBT 375 37 14 44 83 70
12.70%
Tax @ 25.168% 94 - - - - -

PAT 280 37 14 44 83 70
Margins 9.51% 6.43% 11.60% 10.40% 18.44% 15.50%
Defence Power Cable Renewable

50 100 30
- 100 30
50 - -

45% 24% 28%

55% 76% 72%

23 24 8

14 15 5
- 15 5
14 - -

9 9 4

2 4 1

7 5 3
13.23% 4.76% 8.45%

Defence Power Cable Renewable

 75 150 45
- 150 45
75 - -

45% 24% 28%

55% 76% 72%

34 36 13

20 22 7
- 22 7
20 - -

14 14 6

- - -

14 14 6
18.00% 9.10% 13.10%

Defence Power Cable Renewable

120 150 75
30 150 75
90 - -

45% 24% 30%

55% 76% 70%

54 36 23

29 22 11
4 22 11
 24 - -

25 14 11

- - -

25 14 11
21.25% 9.25% 15.25%

Defence Power Cable Renewable

230 300 125

115 300 125
115 - -

40% 24% 30%

60% 76% 70%

92 72 38

47 44 18
17 44 18
30 - -

45 28 19

- - -

45 28 19
19.45% 9.40% 15.40%

Defence Power Cable Renewable

280 480 175

 140 480 175
140 - -

40% 24% 30%

60% 76% 70%

112 115 53

57 70 25
20 70 25
37 - -

55 46 27

- - -

55 46 27
19.55% 9.50% 15.50%
SVARN INFRATEL PRIVATE LIMITED
EARNING STATEMENT

Year (March) 2022

Actuals
Gross Sales
Domestic 543.05
Export 37.66
Net revenues 580.71
Growth
Less : Cost of materials consumed 460.16
Gross contribution 120.55
Growth
%ge to net revenues 21%
Expenditure:
Add: Op. Stock of WIP 18.69
Less: Cl. Stock of WIP 28.36
Add Opening Stock of Finished Goods 25.08
Excise Duty on Stocks -
Less: Cl. Stock of Finished Goods 23.36
Selling Expenses 11.70
Gen. & Administration Exp 8.10
Power and fuel 7.27
Processing -
Direct labour (Factory wages) 46.92
Job work/ processing charges paid 3.25
Other Operating Expenses 8.89
Other manufacturing expenses -
Total Expenses 78.18
EBITDA 42.37
EBITDA % 7.30%

Other Total Income 2.93

Total EBITDA 45.30
Growth YoY
Total EBITDA % 7.80%

Finance costs 12.50

Depreciation and amortization expense 7.75
Profit before tax 25.05
PBT % 4.31%
Current Tax 5.60
Deferred Tax 1.16
Profit after tax 18.29
PAT % 3.15%

Dividend Paid
On Equity Capital -
On Preference Sh. Capital -
Dividend tax -
Partners' withdrawal -
Retained Profit 18.29
Cash Accruals 27.20
 2023 2024 2025 2026 2027
Actuals Prov. Projn. Projn. Projn.

702.79 641.53 950.00 1,225.00 1,490.00

56.00 60.00 100.00 150.00 240.00
758.79 701.53 1,050.00 1,375.00 1,730.00
31% -8% 50% 31% 26%
573.11 530.47 789.50 1,025.65 1,274.00
185.68 171.06 260.50 349.35 456.00
54% -8% 52% 34% 31%
24% 24% 25% 25% 26%

28.36 24.68 38.71 58.00 71.00

24.68 38.71 58.00 71.00 83.00
23.36 19.09 18.59 26.00 30.00
- - - - -
19.09 18.59 26.00 30.00 33.00
16.36 17.41 25.00 28.75 33.00
11.18 10.06 14.50 16.68 19.00
9.49 11.40 17.06 22.35 28.15
- - - - -
63.65 58.64 76.23 91.48 110.00
8.28 5.52 8.26 10.30 12.95
8.75 11.52 17.24 21.55 27.10
- - - - -
125.66 101.02 131.59 174.11 215.20
60.02 70.04 128.91 175.24 240.80
7.91% 9.98% 12.28% 12.74% 13.92%

4.02 5.64 8.50 10.75 11.50

64.04 75.68 137.41 185.99 252.30
41.37% 18.18% 81.57% 35.35% 35.65%
8.44% 10.79% 13.09% 13.53% 14.58%

17.09 23.32 29.00 29.25 27.10

8.70 10.48 14.17 18.73 24.20
38.25 41.88 94.24 138.01 201.00
5.04% 5.97% 8.98% 10.04% 11.62%
9.21 10.00 21.98 31.81 45.00
1.05 1.38 2.25 2.92 5.82
27.99 30.50 70.01 103.28 150.18
3.69% 4.35% 6.67% 7.51% 8.68%

- - - - -
- - - - -
- - - - -
- - - - -
27.99 30.50 70.01 103.28 150.18
37.74 42.36 86.43 124.93 180.20
 INR Crs
2028 2029
Projn. Projn.

1,975.00 2,500.00
350.00 450.00
2,325.00 2,950.00
34% 27%
1,716.00 2,169.00
609.00 781.00
34% 28%
26% 26%

83.00 100.00
100.00 105.00
33.00 38.00
- -
38.00 40.00
39.00 45.25
22.00 26.10
37.75 47.50
- -
137.50 167.00
17.40 22.07
36.40 46.18
- -
268.05 347.10
340.95 433.90
14.66% 14.71%

12.75 14.00
353.70 447.90
40.19% 26.63%
15.21% 15.18%

26.00 26.50
36.47 42.14
291.23 379.26
12.53% 12.86%
66.00 87.50
7.99 6.75
217.24 285.01
9.34% 9.66%

- -
- -
- -
- -
217.24 285.01
261.70 333.90
SVARN INFRATEL PRIVATE LIMITED
Balance Sheet

Year (March)

EQUITY AND LIABILITIES

Shareholders’ funds

Non-current liabilities

Current liabilities
ASSETS

Non-current assets

Current assets
SVARN INFRATEL PRIVATE LIMITED
Balance Sheet

Year (March) 2022

Actuals
EQUITY AND LIABILITIES

Shareholders’ funds
Share Capital (Paid-up) 4.65
Share Application (finalised for allotment) -
Share capital 4.65
Share Premium 11.75
Reserves and surplus 118.12
Net Worth 134.52

Minority Interest -

Non-current liabilities
Long-term borrowings 35.44
Creditors for Capital Goods 10.32
Unsecured Loans (not subordinated) 5.36
Deferred tax liabilities (Net) 7.42
Total Non-Current Liabilities 58.54

Current liabilities
Bank Borrowings - From our Bank 14.88
Bank Borrowings - From other Banks 65.26
Short-term borrowings 80.14
Trade payables 70.60
Other current liabilities 12.97

Advances/ payments from customers/deposits from dealers. 0.57

Acceptances -

Tax 1.24
Others 1.20
Short-term provisions 2.44
Statutory liabilities due within one year 1.32

Installments of Term Loans / Deferred payment credits / Debentures /

deposits / redeemable preference shares (due within one year) - To Banks 16.72
Total Current Liabilities 184.76
 TOTAL 377.82

ASSETS
Gross Block 164.48
Less: Accumulated Depreciation 32.37
Net Block 132.11

Capital Work in progress 13.09

Non-current assets

Intangible Assets:
Goodwill, Patents & trademarks 0.02
Non-current investments 6.25
Advances to suppliers of capital goods and contractors 5.81
Debtors > 6 mths. 13.91
Long-term loans and advances 19.72
Other non-current assets 2.14
Total Non-Current Assets 28.13

Current assets
Inventories 77.32
Trade receivables 105.78
Cash and cash equivalents 0.13
Investments 6.56
Advances to suppliers of RM / STORES / SPARES
Other current assets 14.70
Total Current Assets 204.49

TOTAL 377.82

check -
 2023 2024 2025 2026 2027
Actuals Prov. Projn. Projn. Projn.

4.65 4.65 14.65 14.65 14.65

- - - 400.00 400.00
4.65 4.65 14.65 414.65 414.65
11.75 11.75 101.75 101.75 11.75
146.11 176.63 246.64 349.92 500.10
162.51 193.03 363.04 866.32 926.50

- - - - -

33.00 65.76 83.48 61.33 -

5.76 8.00 - -
6.15 - - - -
8.48 9.86 12.11 15.03 20.85
53.39 83.62 95.59 76.36 20.85

10.14 39.92 60.00 60.00 100.00

67.49 79.83 90.00 120.00 160.00
77.63 119.75 150.00 180.00 260.00
56.55 59.26 82.00 102.00 122.00
16.04 25.80 30.00 33.00 36.00

0.89 1.65 2.50 3.25 4.00

34.25 30.80 40.00 45.00 50.00

- 2.29 4.00 5.00 7.00

1.59 1.86 2.79 3.65 4.50
1.59 4.15 6.79 8.65 11.50
4.18 1.23 1.85 2.45 3.10

18.26 22.71 29.63 22.15 -

209.39 265.35 342.77 396.50 486.60
425.29 542.00 801.40 1,339.18 1,433.95

189.72 243.27 401.47 461.47 762.00

41.07 51.15 65.32 84.05 108.25
148.65 192.12 336.15 377.42 653.75

11.68 33.21 - - 70.00

0.02 - - - -
6.62 10.46 6.25 6.25 6.25
6.33 6.93 10.00 6.00 30.00
26.81 25.00 20.00 18.00 16.00
33.14 31.93 30.00 24.00 46.00
2.63 3.47 5.00 6.00 7.00
42.41 45.86 41.25 36.25 59.25

73.97 90.97 132.50 159.58 189.75

113.67 131.02 225.00 290.00 371.00
3.57 0.17 2.50 405.93 5.20
10.80 9.18 14.00 14.00 25.00
11.01 12.00 15.00 16.00 18.00
9.53 27.47 35.00 40.00 42.00
222.55 270.81 424.00 925.51 650.95

425.29 542.00 801.40 1,339.18 1,433.95

- - - - -
 INR Crs
2028 2029
Projn. Projn.

14.65 14.65
400.00 400.00
414.65 414.65
11.75 11.75
717.34 1,002.35
1,143.74 1,428.75

- -

- -

- -
28.84 35.59
28.84 35.59

100.00 100.00
160.00 160.00
260.00 260.00
140.00 145.00
38.00 40.00

4.50 5.00
45.00 35.00

8.00 9.00
5.00 5.50
13.00 14.50
4.25 4.50

- -
504.75 504.00
1,677.33 1,968.34

915.00 915.00
144.72 186.86
770.28 728.14

- -

- -
6.25 6.25
50.00 -
12.00 11.00
62.00 11.00
8.00 210.00
76.25 227.25

225.70 254.00
511.00 660.00
5.10 5.95
25.00 25.00
20.00 22.00
44.00 46.00
830.80 1,012.95

1,677.33 1,968.34

- -
SVARN INFRATEL PRIVATE LIMITED
Projected Cashflow

Year (March)
SVARN INFRATEL PRIVATE LIMITED
Projected Cashflow

Year (March) 2022

Actuals
Profit after tax 18.29
Depreciation 7.75
Interest charges 12.50
Net non operating income 2.29
Operating Cash before WC changes 36.25
(Inc.) / Dec in Current Assets (17.49)
Inc./ (Dec.) in Current Liabilities (1.36)
Change in Net Working Capital (18.85)
Net non operating income 2.29
Net Operating Cash Flows 19.69

(Inc.) / Dec. in FA (31.23)

(Inc.) / Dec. in Other Non current Assets (9.34)
(Inc.) / Dec. in intangible Assets 0.00
Inc. / (Dec.) in Minority Interest -
Cash From Investing Activities (40.57)

Dividend Payment -
Interest payment (12.50)
(Dec.)/ Inc. in WC funding 24.84
(Dec.)/ Inc. in LT loans (5.01)
(Dec.)/ Inc. in Other LT Liabilities 7.86
(Dec.)/ Inc. in Share/Preference Capital -
(Dec.)/ Inc. in Reserves (0.04)
(Dec.)/ Inc. in DTL 1.16
Cash From Financing Activities 16.31

Net Increase/ (Decrease) in Cash (4.57)

Opening Cash Balance 4.70

Closing Cash Balance 0.13

 2023 2024 2025 2026 2027
Actuals Prov. Projn. Projn. Projn.
27.99 30.50 70.01 103.28 150.18
8.70 10.08 14.17 18.73 24.20
17.09 23.32 29.00 29.25 27.10
4.02 5.64 8.50 10.75 11.50
49.76 58.26 104.68 140.51 189.98
(14.62) (51.66) (150.86) (98.08) (126.17)
25.60 9.39 40.25 31.21 32.25
10.98 (42.27) (110.61) (66.87) (93.92)
4.02 5.64 8.50 10.75 11.50
64.76 21.63 2.57 84.39 107.56

(23.83) (75.08) (124.99) (60.00) (370.53)

(14.28) (3.47) 4.61 5.00 (23.00)
(0.00) 0.02 - - -
- - - - -
(38.11) (78.53) (120.38) (55.00) (393.53)

- - - - -
(17.09) (23.32) (29.00) (29.25) (27.10)
(2.51) 42.12 30.25 30.00 80.00
(0.90) 37.21 24.64 (29.63) (83.48)
(3.77) (3.91) (8.00) - -
- - 100.00 400.00 (90.00)
- 0.02 - - -
1.06 1.38 2.25 2.92 5.82
(23.21) 53.50 120.14 374.04 (114.76)

3.44 (3.40) 2.33 403.43 (400.73)

0.13 3.57 0.17 2.50 405.93

3.57 0.17 2.50 405.93 5.20

 INR Crs
2028 2029
Projn. Projn.
217.24 285.01
36.47 42.14
26.00 26.50
12.75 14.00
266.96 339.65
(179.95) (181.30)
18.15 (0.75)
(161.80) (182.05)
12.75 14.00
117.91 171.60

(83.00) -
(17.00) (151.00)
- -
- -
(100.00) (151.00)

- -
(26.00) (26.50)
- -
- -
- -
- -
- -
7.99 6.75
(18.01) (19.75)

(0.10) 0.85

5.20 5.10

5.10 5.95
Ratios
2022 2023 2024 2025
Sales 580.71 758.79 701.53 1,050.00
Growth % 30.7% (7.5%) 49.7%

Gross Profit 120.55 185.68 171.06 260.50

Gross Margin 20.8% 24.5% 24.4% 24.8%

EBITDA 42.37 60.02 70.04 128.91

EBITDA % 7.3% 7.9% 10.0% 12.3%

PAT 18.29 27.99 30.50 70.01

PAT% 3.1% 3.7% 4.3% 6.7%

Curent Assets 204.49 222.55 270.81 424.00

Non-current Assets 28.13 42.41 45.86 41.25

Total Assets 232.62 264.96 316.67 465.25

Current Liabilities 184.76 209.39 265.35 342.77

Non-Current Liabilities 58.54 53.39 83.62 95.59

Total Liabilities 243.30 262.78 348.97 438.36

Total Debt 138.68 131.02 203.37 245.59

Total Equity 134.52 162.51 193.03 363.04

Total Equity & Liabilities 377.82 425.29 542.00 801.40

ROA 7.9% 10.6% 9.6% 15.0%

ROE 13.6% 17.2% 15.8% 19.3%

ROCE 4.8% 6.6% 5.6% 8.7%

Current Ratio 1.1x 1.1x 1.0x 1.2x

Cash 0.13 3.57 0.17 2.50

Cash Ratio 0.0007036155 0.01705 0.000641 0.0072935

Debt Ratio 0.6x 0.5x 0.6x 0.5x

Debt/Equity 1.0x 0.8x 1.1x 0.7x

Interest Expense 12.50 17.09 23.32 29.00

Interest Coverage 3.4x 3.5x 3.0x 4.4x

Asset Turnover 2.5x 2.9x 2.2x 2.3x

Inventory Turnover 6.0x 7.7x 5.8x 6.0x

Receivables Turnover 5.5x 6.7x 5.4x 4.7x

Receivable days 66.5 54.7 68.2 78.2

Inventory Days 61.3 47.1 62.6 61.3

Payables 70.60 56.55 59.26 82.00

Payable Turnover 8.2x 13.4x 11.8x 12.8x

Days Payable 44.4 27.2 30.8 28.5

Working Capital Days 127.8 101.8 130.8 139.5

Net Operating Cycle 83.4 74.6 99.9 111.0

 2026 2027 2028 2029
1,375.00 1,730.00 2,325.00 2,950.00
31.0% 25.8% 34.4% 26.9%

349.35 456.00 609.00 781.00

25.4% 26.4% 26.2% 26.5%

175.24 240.80 340.95 433.90

12.7% 13.9% 14.7% 14.7%

103.28 150.18 217.24 285.01

7.5% 8.7% 9.3% 9.7%

925.51 650.95 830.80 1,012.95

36.25 59.25 76.25 227.25

961.76 710.20 907.05 1,240.20

396.50 486.60 504.75 504.00

76.36 20.85 28.84 35.59

472.86 507.45 533.59 539.59

256.36 280.85 288.84 295.59

866.32 926.50 1,143.74 1,428.75

1,339.18 1,433.95 1,677.33 1,968.34

10.7% 21.1% 24.0% 23.0%

11.9% 16.2% 19.0% 19.9%

7.7% 10.5% 13.0% 14.5%

2.3x 1.3x 1.6x 2.0x

405.93 5.20 5.10 5.95

1.0237831 0.0106864 0.010104 0.0118056

 0.3x 0.4x 0.3x 0.2x

0.3x 0.3x 0.3x 0.2x

29.25 27.10 26.00 26.50

6.0x 8.9x 13.1x 16.4x

1.4x 2.4x 2.6x 2.4x

6.4x 6.7x 7.6x 8.5x

4.7x 4.7x 4.5x 4.5x

77.0 78.3 80.2 81.7

56.8 54.4 48.0 42.7

102.00 122.00 140.00 145.00

13.5x 14.2x 16.6x 20.3x

27.1 25.7 22.0 17.9

133.8 132.6 128.2 124.4

106.7 106.9 106.3 106.5