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  "docSlug": "72b50d12da17cdc9e57fbf461ef843a6",
  "documentTitle": "J.P.Morgan | Investment Banking Pitch Book | 29 slides",
  "authorId": "j-p-morgan",
  "authorName": "J.P. Morgan",
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  "presentationDate": "2019-01-01 00:00:00",
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  "pageNumber": 13,
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  "slideType": "financial_analysis",
  "function": "quantify_impact",
  "density": "balanced",
  "nDataPoints": 45,
  "notes": "The slide uses a standard financial projection table format to calculate the net cash effect of a transaction.",
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      "kind": "paragraph",
      "text": "Assumes illustrative 10% premium to APU public unitholders, 85% equity and 15% debt consideration",
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      "kind": "source-note",
      "text": "Source: Company filings; Equity research consensus projections as of 1/9/19. Basis step-up based on ~74% UGI does not own; 90% of basis step-up assumed to be depreciable; Depreciation schedule based on 2015 PWC analysis; Subject to change per ongoing UGI and PWC internal analysis",
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      "text": "Incremental cash flow to UGI",
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