{
  "docId": "019de06f-89be-728f-965e-baa6f970602e",
  "docSlug": "aef44a3ee32e69cd26e93f2f0aeb9260",
  "documentTitle": "Credit Suisse | Investment Banking Pitch Book | 20 slides",
  "authorId": "credit-suisse",
  "authorName": "Credit Suisse",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2017-11-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3324081,
  "pageNumber": 14,
  "pageCount": 20,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 16,
  "notes": "The table compares management's base projections against an adjusted scenario including a 50% payout ratio for incremental dividends.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-89be-728f-965e-baa6f970602e/14",
  "deckHref": "/decks/019de06f-89be-728f-965e-baa6f970602e",
  "deckJsonHref": "/decks/019de06f-89be-728f-965e-baa6f970602e.json",
  "deckAnchorHref": "/decks/019de06f-89be-728f-965e-baa6f970602e#slide-14",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.9,
        "x": 0.05,
        "y": 0
      },
      "kind": "disclaimer",
      "text": "CREDIT SUISSE DOES NOT PROVIDE ANY TAX ADVICE | MATERIALS ARE PRELIMINARY AND SUBJECT TO FURTHER CHANGE AND DEVELOPMENTS (WHICH MAY BE MATERIAL)",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c468a55d-890d-46d9-a055-73d4e27f2e4d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.65,
        "x": 0.05,
        "y": 0.89
      },
      "kind": "source-note",
      "text": "Source: Osprey management. Note: Credit Suisse does not provide any tax advice. (1) Includes share repurchases and ordinary dividends. (2) Excludes $3.0 million cash used to repurchase shares net of cash proceeds received from exercise of options settled during 7/1/17 – 10/16/17.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1cb9b099-ae33-44b6-9c54-ec10eae44d18",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.88,
        "x": 0.05,
        "y": 0.12
      },
      "kind": "table",
      "text": "Financial summary table showing 2017E-2020E cash flow projections and variance.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a703fe1b-c7aa-4353-a801-e8913926083b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.03
      },
      "kind": "title",
      "text": "Hypothetical Osprey standalone financial summary sensitivity (cont'd)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5a270081-e990-424f-a0dd-a1dd060e3930",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "961de685-f40b-466a-bbf1-7fde31ee1437",
      "evidence": "table/data: Financial summary table showing 2017E-2020E cash flow projections and variance.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 11,
      "beatId": "4f4d079e-e4a3-4b28-a612-e3c729a64b83",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "Financial analysis, appendix data, and warrant adjustments",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 16,
      "from": 6,
      "name": "Hypothesis Test",
      "slug": "42-hypothesis-test",
      "bestFor": "Strategy validation, due diligence, research presentations",
      "matchId": "3e5b3ef7-0a0e-433f-8419-95e3a04ef57e",
      "evidence": "Data tables and financial analysis",
      "position": 1,
      "objective": "How do our hypotheses about the proposed tax legislation's impact hold up to testing?",
      "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
      "confidence": 0.6,
      "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}