{
  "docId": "019de06f-2bb5-74da-9a87-823a6749df1f",
  "docSlug": "470162efc15327cf5bd8932f4d4452dd",
  "documentTitle": "Lazard | Investment Banking Pitch Book | 46 slides",
  "authorId": "lazard",
  "authorName": "Lazard",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2005-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3655761,
  "pageNumber": 34,
  "pageCount": 46,
  "prevPage": 33,
  "nextPage": 35,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 150,
  "notes": "Includes sensitivity analysis tables for discount rates and perpetual growth rates.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-2bb5-74da-9a87-823a6749df1f/34",
  "deckHref": "/decks/019de06f-2bb5-74da-9a87-823a6749df1f",
  "deckJsonHref": "/decks/019de06f-2bb5-74da-9a87-823a6749df1f.json",
  "deckAnchorHref": "/decks/019de06f-2bb5-74da-9a87-823a6749df1f#slide-34",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.74,
        "x": 0.13,
        "y": 0.86
      },
      "kind": "disclaimer",
      "text": "Source: Financial projections based on Management forecast. Note: Present value calculated as of March 31, 2005. (a) Based on Management guidance... (b) Assumes 50% of the debt is allocated to AS.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "82718526-7f0c-44c1-955c-4c1d7bcef29c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.74,
        "x": 0.13,
        "y": 0.16
      },
      "kind": "table",
      "text": "5-year DCF forecast table showing Revenue, EBITDA, EBIT, Taxes, D&A, CapEx, Working Capital, and Free Cash Flow.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d8cbdb3-5ebc-4180-84d1-561b2ff26145",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.32,
        "w": 0.74,
        "x": 0.13,
        "y": 0.53
      },
      "kind": "table",
      "text": "Sensitivity tables for Present Value of Terminal Value, Enterprise Value, Implied Equity Value, and Implied Terminal EBITDA Multiple.",
      "attrs": null,
      "subkind": "scenario",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e7489b4-2a9b-442e-811d-6272e7e91701",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.13,
        "y": 0.09
      },
      "kind": "title",
      "text": "Discounted Cash Flow – AS",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a8314560-2f36-453b-b247-407a908311ae",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Valuation: DCF",
      "slug": "dcf",
      "agent": "architect",
      "layer": "slide",
      "matchId": "7cb5ca09-05af-4366-8c5d-e4e611119da0",
      "evidence": "Discounted Cash Flow – AS, table/scenario: Sensitivity tables for Present Value of Terminal Value, Enterprise Value, Implied Equity Value, and Implied Terminal EBITDA Multiple.",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "Discounted Cash Flow",
      "slug": null,
      "matchId": "2c4517a6-e865-4553-ae2c-4bfdaa551af1",
      "evidence": "Standard DCF valuation structure",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 40,
      "from": 24,
      "beatId": "18e9248e-be38-4732-9762-3e9df7473a29",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Detailed financial analyses and data tables",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}