EX-99.(C)(7) 6 a2165937zex-99_c7.htm EX-99.(C)(7)

Exhibit 99.(c)(7)

Operating Assumptions


Chariot Financial Summary

 
   
   
   
   
   
   
  Projected twelve months ended October 31,

($in 000's, except per share)

   
   
   
   
   
   
  1999
  2000
  2001
  2002
  2003
  2004
  2005
  2006
  2007
  2008
  2009
  2010
Days Sales in Receivables                           15.0   15.0   15.0   15.0   15.0   15.0
Days COGS in Inventory                           56.9   56.9   56.9   56.9   56.9   56.9
Days COGS in Payables                           26.0   26.0   26.0   26.0   26.0   26.0
Minimum Cash at Year-End                           $0   $0   $0   $0   $0   $0

Capital Expenditures                           2,000   2,000   2,000   2,000   2,000   2,000
Depreciation   2400   2682   2919   2816   2630   2640   3482   3625   3768   3911   4053   4196
Amortization of Restrcited St   168   417   606   690   690   753   435   405   335   195   103   0
Dividends Per Share   0.10   0.18   0.14   0.12   0.12   0.14   0.16   0.16   0.16   0.16   0.16   0.16
Nonrecurring Items—38% Tax Rate Assumed   0   0   0   0   0   289   (1,302 ) 0   0   0   0   0