{
  "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": 6,
  "pageCount": 23,
  "prevPage": 5,
  "nextPage": 7,
  "slideType": "kpi_dashboard",
  "function": "quantify_impact",
  "density": "overcrowded",
  "nDataPoints": 36,
  "notes": "The slide uses a grouped bar chart format to compare two scenarios side-by-side for each year.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de06f-aec1-758c-a5c4-11bc9740b93d/6",
  "deckHref": "/decks/019de06f-aec1-758c-a5c4-11bc9740b93d",
  "deckJsonHref": "/decks/019de06f-aec1-758c-a5c4-11bc9740b93d.json",
  "deckAnchorHref": "/decks/019de06f-aec1-758c-a5c4-11bc9740b93d#slide-6",
  "components": [
    {
      "bbox": {
        "h": 0.04,
        "w": 0.15,
        "x": 0.34,
        "y": 0.2
      },
      "kind": "callout",
      "text": "Guidance: 2.0 – 2.5x",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6daa34de-56d0-4b19-975d-e3d6da751ffc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.42,
        "x": 0.07,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Free Cash Flow",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "693bd11d-070b-42be-abf7-36456a9d1c58",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.42,
        "x": 0.52,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Financing Surplus / (Need)",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6f895b28-7734-47fb-bcb4-0cf718e64fde",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.42,
        "x": 0.07,
        "y": 0.22
      },
      "kind": "chart",
      "text": "Net Leverage",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8df0ef37-dec2-4a01-b7d3-42c289cac99c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.42,
        "x": 0.52,
        "y": 0.22
      },
      "kind": "chart",
      "text": "Breakeven Coverage",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d62f4513-ab21-4460-9d38-ef5169f37ad7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.89
      },
      "kind": "disclaimer",
      "text": "Source: Arkose Projections, Arkose Merger Model, and Bloomberg market data as of 16-Aug-2018. 1 Based on total distributions assuming DPS set based off of Midstream S.Q. base case DPU divided by the all-in exchange ratio of 1.70x. 2 Assumes breakeven distributions paid.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ecd802b8-018f-4855-a87c-1612b5a9e179",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.35,
        "x": 0.32,
        "y": 0.85
      },
      "kind": "legend",
      "text": "Status Quo | 1.700 x Aggregate Exchange Ratio | $3 / Unit Cash Pool",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d9ce17f5-0264-489c-899f-2d1e9cd63124",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.13,
        "y": 0.07
      },
      "kind": "title",
      "text": "Summary Impact of Cash Pool on Key Financial Metrics at New GP",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "401bfb81-73ac-47d5-81e0-311121db1a18",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.4,
        "x": 0.13,
        "y": 0.13
      },
      "kind": "title",
      "text": "Management Base Case | Illustrative 1.700x All-in Exchange Ratio",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b9554426-971f-46dd-88ec-1e6399dedea2",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 12,
      "from": 5,
      "beatId": "207c1626-aa98-4b9a-ad79-f8a87816420a",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The deck presents detailed financial analysis and data to support the proposed transaction",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 12,
      "from": 5,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "d5b4d20c-4e88-417d-a07e-d1a2971768b8",
      "evidence": "The deck presents detailed financial analysis and data",
      "position": 0,
      "objective": "To identify patterns in the financial data",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 0.6,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}