what’s the difference? now’s your chance to find out!...cash flow from operations (2.600)...

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What’s the difference? Now’s your chance to find out!

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Page 1: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

What’s the difference? Now’s your chance to find out!

Page 2: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Which screen wins in... > Dark room and high ambient light conditions > showing presentations with sharp images > displaying detailed data

Page 3: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Duel Parameters: > Readability and Details > Colors and Depth > Viewing Comfort > Need of Accessories

Page 4: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Duel Parameters: > Contrast > Colors > Brightness > Projector

Page 5: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Contrast: ANSI/InfoComm 3M-2011 PISCR method

4x4 Black and White Checkerboard

Luminance Meter

ICR = Avr. White/Avr. Black

Page 6: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -
Page 7: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Colors:

CIE 1931 XY Color Space Diagram

Chroma

Meter

Page 8: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Copyright © dnp denmark 2013

ITU REC. 709 X : 0.313 Y: 0.329 RGB (255,255,255)

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Page 9: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Copyright © dnp denmark 2013

ITU REC. 709 X : 0.64 Y: 0.33 RGB (255,0,0)

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Page 10: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Copyright © dnp denmark 2013

ITU REC. 709 X: 0.30 Y: 0.60 RGB (0,255,0)

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Page 11: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Copyright © dnp denmark 2013

ITU REC. 709 X: 0.15 Y: 0.06 RGB (0,0,255)

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Page 12: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -
Page 13: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -
Page 14: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Brightness: “Eye-gonomics” Balanced To The Environment Luminance meter

Page 15: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

IM&C GUANO PROJECTThe following worksheet contains information fromTables 6-2 through 6-7 in Brealey-Myers.Can be used as template for most capital budgeting problems.Cost of capital 20%

Year 0 1 2 3 4 5 6 7

Depreciation (for taxes) 20,00% 32,00% 19,20% 11,52% 11,52% 5,76%Net working capital 550 1.289 3.261 4.890 3.583 2.002 Change in net working capital 550 739 1.972 1.629 (1.307) (1.581) (2.002) Net property, plant & equipment 10.000 8.000 4.800 2.880 1.728 576 -

Sales 523 12.887 32.610 48.901 35.834 19.717 Less COGS (837) (7.729) (19.552) (29.345) (21.492) (11.830) Less depreciation (2.000) (3.200) (1.920) (1.152) (1.152) (576) Less other costs (4.000) (2.200) (1.210) (1.331) (1.464) (1.611) (1.772) EBIT (4.000) (4.514) 748 9.807 16.940 11.579 5.539 Less taxes @ 35% 1.400 1.580 (262) (3.432) (5.929) (4.053) (1.939) EBIAT (2.600) (2.934) 486 6.375 11.011 7.526 3.600 Plus depreciation - 2.000 3.200 1.920 1.152 1.152 576 - Less change in net working capital - (550) (739) (1.972) (1.629) 1.307 1.581 2.002 Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - - - - - Plus capital disposal - - - - - - - 1.949 Less taxes on capital disposal - - - - - - - (682) Net cash flow (12.600) (1.484) 2.947 6.323 10.534 9.985 5.757 3.269 Present value factor 100% 83% 69% 58% 48% 40% 33% 28%PV of cash flow (12.600) (1.237) 2.047 3.659 5.080 4.013 1.928 912 Cumulative PV (12.600) (13.837) (11.790) (8.131) (3.051) 962 2.890 3.802 Net present value 3.802

Page 16: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

IM&C GUANO PROJECTThe following worksheet contains information fromTables 6-2 through 6-7 in Brealey-Myers.Can be used as template for most capital budgeting problems.Cost of capital 20%

Year 0 1 2 3 4 5 6 7

Depreciation (for taxes) 20,00% 32,00% 19,20% 11,52% 11,52% 5,76%Net working capital 550 1.289 3.261 4.890 3.583 2.002 Change in net working capital 550 739 1.972 1.629 (1.307) (1.581) (2.002) Net property, plant & equipment 10.000 8.000 4.800 2.880 1.728 576 -

Sales 523 12.887 32.610 48.901 35.834 19.717 Less COGS (837) (7.729) (19.552) (29.345) (21.492) (11.830) Less depreciation (2.000) (3.200) (1.920) (1.152) (1.152) (576) Less other costs (4.000) (2.200) (1.210) (1.331) (1.464) (1.611) (1.772) EBIT (4.000) (4.514) 748 9.807 16.940 11.579 5.539 Less taxes @ 35% 1.400 1.580 (262) (3.432) (5.929) (4.053) (1.939) EBIAT (2.600) (2.934) 486 6.375 11.011 7.526 3.600 Plus depreciation - 2.000 3.200 1.920 1.152 1.152 576 - Less change in net working capital - (550) (739) (1.972) (1.629) 1.307 1.581 2.002 Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - - - - - Plus capital disposal - - - - - - - 1.949 Less taxes on capital disposal - - - - - - - (682) Net cash flow (12.600) (1.484) 2.947 6.323 10.534 9.985 5.757 3.269 Present value factor 100% 83% 69% 58% 48% 40% 33% 28%PV of cash flow (12.600) (1.237) 2.047 3.659 5.080 4.013 1.928 912 Cumulative PV (12.600) (13.837) (11.790) (8.131) (3.051) 962 2.890 3.802 Net present value 3.802

Page 17: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Projector: In a Bright Meeting Room With a 100” Supernova Screen You Can Obtain 15:1 In Contrast Ratio With 3,400 Or 1,400 Lumens. Same Scenario With a White Screen Would Require 11,300 Lumens

Page 18: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Projector:

Page 19: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Projector:

Page 20: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Duel Parameters: > Contrast > Colors > Brightness > Projector

Supernova / White Screen Supernova / White Screen Supernova / White Screen Supernova / White Screen

Page 21: What’s the difference? Now’s your chance to find out!...Cash flow from operations (2.600) (1.484) 2.947 6.323 10.534 9.985 5.757 2.002 Less capital investment (10.000) - - - -

Thank You For Watching!