{
  "docId": "019de070-1dc5-707d-b5a3-2ff7c8f537e5",
  "docSlug": "8255a8a20d5abf5a9409d57e87219426",
  "documentTitle": "Evercore | Investment Banking Pitch Book | 54 slides",
  "authorId": "evercore",
  "authorName": "Evercore",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2020-06-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 10,
  "pageCount": 54,
  "prevPage": 9,
  "nextPage": 11,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 80,
  "notes": "Includes detailed expense breakdown, tax adjustments, and NPV calculation with discount factors.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de070-1dc5-707d-b5a3-2ff7c8f537e5/10",
  "deckHref": "/decks/019de070-1dc5-707d-b5a3-2ff7c8f537e5",
  "deckJsonHref": "/decks/019de070-1dc5-707d-b5a3-2ff7c8f537e5.json",
  "deckAnchorHref": "/decks/019de070-1dc5-707d-b5a3-2ff7c8f537e5#slide-10",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.3,
        "x": 0.65,
        "y": 0.23
      },
      "kind": "callout",
      "text": "Assumes mid-point of 3-5% YoY growth rate on total corporate expenses starting 2021 and 0% YoY growth rate on stock based compensation starting 2022 per GLIB management guidance",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "57f44603-543f-4d6b-b9e5-b26645033313",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.91,
        "x": 0.045,
        "y": 0.86
      },
      "kind": "source-note",
      "text": "Source: GLIB Management. 1. 27% Tax rate based on GLIB management guidance... 2. Assumes 6.75% WACC...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a76971cd-7bc5-4c60-9df8-68992b47b7d3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.91,
        "x": 0.045,
        "y": 0.13
      },
      "kind": "table",
      "text": "Expense breakdown table from 2018A to 2023E",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2aa3d6d2-8c7b-46cd-b7ae-01a30aaf38ed",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.91,
        "x": 0.045,
        "y": 0.64
      },
      "kind": "table",
      "text": "NPV calculation table",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e68ad439-263d-4ba1-9a91-8c832b51ae97",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.25,
        "x": 0.045,
        "y": 0.085
      },
      "kind": "title",
      "text": "GLIB Corporate Expense",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "55f7ee86-0980-45f9-b0aa-a35358739287",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 10,
      "from": 5,
      "beatId": "a449c5c7-3da0-4919-878e-dc8229ce6806",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "The deck presents financial analysis and identifies potential complications",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}