EFTA02508052.pdf
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From: jeffrey E. <[email protected]>
Sent: Tuesday, March 24, 2015 3:22 AM
To: Richard Joslin
Subject: Re: Apollo update
does that change your 2015 projection
On Mon, Mar 23, 2015 at 9:3= PM, Richard Joslin <[email protected] <mailto:RJoslin@elyslI=.com» wrote:
Confidential. Material non-public info.
TRA: 2015 corporate income will be a loss and minimal TRA will be gen=rated (only from state tax). Since amortization
deductions exc=ed taxable income, TRA benefits will need to be shared among founders. No =ecision has been made on
sharing methodology.
2015 DNI vs taxable income per share: $1.51 vs $0.78.
APO cash distribution will not be less than $0.25/ sh per quarter. Pr=jected cash distribution is approx $0.34 for Q3-Q3
and $0.48 Q4.
please =ote
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EFTA_R1_01638957
EFTA02508052
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EFTA02508052
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