{
  "docId": "019de074-fa52-72d4-af1b-49190e526455",
  "docSlug": "65b9cbe438f20fc9932b96231508c68b",
  "documentTitle": "Matson | Results Presentation Deck | 19 slides",
  "authorId": "matson",
  "authorName": "Matson",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 16,
  "pageCount": 19,
  "prevPage": 15,
  "nextPage": 17,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 5,
  "notes": "Provides financial details on cash deposits, tax refunds, and milestone payment funding.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-fa52-72d4-af1b-49190e526455/16",
  "deckHref": "/decks/019de074-fa52-72d4-af1b-49190e526455",
  "deckJsonHref": "/decks/019de074-fa52-72d4-af1b-49190e526455.json",
  "deckAnchorHref": "/decks/019de074-fa52-72d4-af1b-49190e526455#slide-16",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.92,
        "x": 0.05,
        "y": 0.79
      },
      "kind": "list",
      "text": "Next milestone payment to be made from CCF this quarter of ~$50 million",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6c47fd0f-89a5-453f-b096-d4320e6503f9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.92,
        "x": 0.05,
        "y": 0.18
      },
      "kind": "list",
      "text": "In February 2023, deposited $100 million in cash into CCF and pledged accounts receivable to reduce taxable income in 2022. Currently, don't expect to make additional cash contributions to the CCF for milestone payments until 2026.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e7c9e214-e06e-4571-a79f-09fed86865a6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.92,
        "x": 0.05,
        "y": 0.61
      },
      "kind": "list",
      "text": "Continue to expect a tax refund of ~$119 million for cash deposited into the CCF for 2021 taxes. Expect the refund to be used for general corporate purposes and to be included in cash and cash equivalents on balance sheet.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ee8a1c07-9f49-49d2-bb48-001c35347550",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.92,
        "x": 0.05,
        "y": 0.37
      },
      "kind": "list",
      "text": "CCF cash balance on 3/31/23 of $623.7 million. Nearly two-thirds of remaining milestone payments to be funded with restricted cash in CCF. CCF restricted cash currently held in U.S. Treasury obligations fund with daily liquidity.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f130b27c-ccdb-49a7-b55c-a87509064d65",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.85,
        "x": 0.04,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "(1) Based on remaining milestone payments on May 4, 2023 of ~$949 million. Excludes any interest income on cash deposits that may be earned in future years.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9918755b-0694-468a-814f-a9e385fc3619",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.58,
        "x": 0.06,
        "y": 0.04
      },
      "kind": "title",
      "text": "Capital Construction Fund (CCF)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "30288a5c-0e81-449e-8d67-e4330e65f252",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}