{
  "docId": "019de06f-5474-72ac-bd8a-82388c812c49",
  "docSlug": "7f99b2d482eea5172d76d5f5f1db937e",
  "documentTitle": "Bank of America | Investment Banking Pitch Book | 8 slides",
  "authorId": "bank-of-america",
  "authorName": "Bank of America Merrill Lynch",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2014-07-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 5,
  "pageCount": 8,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "diagnosis",
  "function": "diagnose",
  "density": "balanced",
  "nDataPoints": 8,
  "notes": "This slide outlines specific financial discrepancies between management's view and CSC's presentation, focusing on EBITDA adjustments and net debt components.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-5474-72ac-bd8a-82388c812c49/5",
  "deckHref": "/decks/019de06f-5474-72ac-bd8a-82388c812c49",
  "deckJsonHref": "/decks/019de06f-5474-72ac-bd8a-82388c812c49.json",
  "deckAnchorHref": "/decks/019de06f-5474-72ac-bd8a-82388c812c49#slide-5",
  "components": [
    {
      "bbox": {
        "h": 0.25,
        "w": 0.9,
        "x": 0.06,
        "y": 0.17
      },
      "kind": "list",
      "text": "Quality of Earnings: Management disagrees with CSC's EBITDA adjustments, including public company cost reductions, California job loss adjustments, and unexplained PELLC adjustments.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9cda62a8-2948-484e-b155-5f087633cb8a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.9,
        "x": 0.06,
        "y": 0.43
      },
      "kind": "list",
      "text": "FCF Underperformance and Debt-Like Items: Discrepancies in net debt estimates ($197.1M vs $196.2M) and disputes over specific debt-like items including RSI-related deferred compensation and multi-employer pension liabilities.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c94d5bae-b521-47c3-9746-2c32d3ac6494",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.65,
        "x": 0.06,
        "y": 0.12
      },
      "kind": "paragraph",
      "text": "Key Observations Regarding CSC Presentation to the Special Committee Provided July 2, 2014",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "716d415c-4eb0-4246-9ff8-a32d486c86dd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.5,
        "x": 0.06,
        "y": 0.87
      },
      "kind": "source-note",
      "text": "Source: Management views and forecasts from Pioneer Management; CSC views from Court Square Presentation dated July 2, 2014.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "291d4015-dd9e-4785-a46c-e2031a543ed5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.28,
        "x": 0.06,
        "y": 0.08
      },
      "kind": "title",
      "text": "Project PIONEER",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0d1b1267-c57f-4379-b95f-f7cb2311c7ea",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "List presentation",
      "slug": "list-presentation",
      "agent": null,
      "layer": "slide",
      "matchId": "ea2f3ca2-fb2e-4ffb-9101-1ad28ac7b6c5",
      "evidence": "list/bullet: FCF Underperformance and Debt-Like Items: Discrepancies in net debt estimates ($197.1M vs $196.2M) and disputes over specific debt-like items including RSI-related deferred compensation and multi-employer pe",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}