{
  "docId": "019de06f-aec1-758c-a5c4-11bc9740b93d",
  "docSlug": "cde03a116e8fb0477de6c54dc09768a1",
  "documentTitle": "Goldman Sachs | Investment Banking Pitch Book | 23 slides",
  "authorId": "goldman-sachs",
  "authorName": "Goldman Sachs",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2018-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.294673,
  "pageNumber": 13,
  "pageCount": 23,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "data_table",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 150,
  "notes": "The slide presents a sensitivity analysis of financial outcomes based on exchange ratios ranging from 1.700x to 1.800x.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-aec1-758c-a5c4-11bc9740b93d/13",
  "deckHref": "/decks/019de06f-aec1-758c-a5c4-11bc9740b93d",
  "deckJsonHref": "/decks/019de06f-aec1-758c-a5c4-11bc9740b93d.json",
  "deckAnchorHref": "/decks/019de06f-aec1-758c-a5c4-11bc9740b93d#slide-13",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.67,
        "x": 0.29,
        "y": 0.03
      },
      "kind": "disclaimer",
      "text": "PRELIMINARY CONFIDENTIAL DRAFT – FOR DISCUSSION PURPOSES ONLY",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05c24497-5532-4b1b-8505-4c8aa799935b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.6,
        "x": 0.13,
        "y": 0.11
      },
      "kind": "paragraph",
      "text": "All In Exchange Ratios | $3 / Unit Cash Pool | All-Equity Election Unitholder Perspective",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "485f75d4-ca78-48ba-a9ba-37086a406da1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.5,
        "x": 0.04,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "Source: Arkose Projections, Arkose Merger Model, and Bloomberg market data as of 16-Aug-2018",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c5ee7ffa-f4a8-4d6f-a891-c2970360bb46",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.92,
        "x": 0.04,
        "y": 0.25
      },
      "kind": "table",
      "text": "GP Perspective table showing DCF/Share Accretion, DPS/Share Accretion, and Midstream Tax on Gain across exchange ratios.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc9e870a-46cf-4cfd-abdc-eeed33ec97b4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.92,
        "x": 0.04,
        "y": 0.55
      },
      "kind": "table",
      "text": "Midstream Perspective table showing DCF/Unit Accretion, DPU/Share Accretion, and Breakeven Coverage across exchange ratios.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e083bfe2-55fa-49de-8b20-8edf50ffd788",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.35,
        "x": 0.13,
        "y": 0.07
      },
      "kind": "title",
      "text": "Summary Financial Impact",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "811414f9-083c-4ec4-851c-106c9b05e6a3",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Data-Ink Ratio",
      "slug": "data-ink-ratio",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "4be49945-588b-4b3a-a2ca-1697bed2299e",
      "evidence": "table/data: Midstream Perspective table showing DCF/Unit Accretion, DPU/Share Accretion, and Breakeven Coverage across exchange ratios.",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 23,
      "from": 13,
      "beatId": "1ba7c9bb-da3e-4e8e-82a5-929da2c9b0ff",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck outlines the potential impact of the proposed transaction and next steps",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 23,
      "from": 13,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "efa2c5e6-9957-49d0-bc10-086a0dea0f64",
      "evidence": "The deck outlines the potential impact of the proposed transaction",
      "position": 1,
      "objective": "To highlight the cost of not taking action",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}