{
  "docId": "019de073-4725-763d-8458-6ccf60f962fc",
  "docSlug": "e8d310c63b88df04f7a04001dc63dc57",
  "documentTitle": "BMO Capital Markets | Investment Banking Pitch Book | 12 slides",
  "authorId": "bmo-capital-markets",
  "authorName": "BMO Capital Markets",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2022-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.294673,
  "pageNumber": 2,
  "pageCount": 12,
  "prevPage": 1,
  "nextPage": 3,
  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "The slide uses a waterfall chart to bridge valuation components between two different models (Rio Tinto vs TRQ) with varying discount rates.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de073-4725-763d-8458-6ccf60f962fc/2",
  "deckHref": "/decks/019de073-4725-763d-8458-6ccf60f962fc",
  "deckJsonHref": "/decks/019de073-4725-763d-8458-6ccf60f962fc.json",
  "deckAnchorHref": "/decks/019de073-4725-763d-8458-6ccf60f962fc#slide-2",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.4,
        "x": 0.05,
        "y": 0.82
      },
      "kind": "callout",
      "text": "12% Discount Rate",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0a767b88-c24c-4d66-a239-71037367bb8c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.75,
        "y": 0.82
      },
      "kind": "callout",
      "text": "10% Discount Rate",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6f42d943-cace-4458-89d3-29920cf53226",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Waterfall chart showing valuation adjustments from RT DCF to TRQ DCF",
      "attrs": null,
      "subkind": "waterfall",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aeac21c6-66b2-485c-998e-00a1c5d68300",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.75,
        "x": 0.03,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "Source: FactSet, Rio Tinto Oyu Tolgoi Model, Turquoise Hill Internal Model at street consensus pricing. 1. Project finance loan and shareholder loan balances... 2. 1.2883 USDCAD as of 3-Aug-22. 3. TRQ NAVPS from the Rio Tinto Model...",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "696d115d-c7c8-4439-b377-91ddc95b59ba",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.15,
        "x": 0.03,
        "y": 0.07
      },
      "kind": "title",
      "text": "Model Bridge",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a8a7d1dc-7a99-4c89-ba25-252db42a6e1e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "c4fb3b87-ec98-4c74-a9e1-0da866f1c0e5",
      "evidence": "chart/waterfall: Waterfall chart showing valuation adjustments from RT DCF to TRQ DCF",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "waterfall-bridge",
      "slug": null,
      "matchId": "1d2fd536-89da-4c80-9cab-f7ad7a9bbf3e",
      "evidence": "The slide uses a waterfall chart to bridge valuation components.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 5,
      "from": 2,
      "beatId": "6c55ce96-f3a0-428f-93ea-a6bf1c741f78",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Problem",
      "beatSlug": "sequoia-pitch-problem",
      "evidence": "The document includes slides on financial analysis, peer benchmarking, and competitive analysis, which suggest that the problem is being identified and analyzed.",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}