EFTA01119790.pdf

I SLAND fl LOBAL YACHTING ATTACHMENT C Simpson Bay Financial Projections Island Global Yachtin Ltd. • • Fort Lauderdale, FL 33301 Tel: • Fax: • www.islecap.com EFTA01119790 Acquisition Bodge Acquit'ties Tams Due Diligence Simpson Bay 510.000.000 Essa JOY Acquisition Fee I.00% 100,000 Total Asset Valuation 510.000.000 Lacier Fee 1.00% Subtotal 100,000 Debt Existing Debt 53,355,447 Less: Total Debt 53.355.447 Greenburg Tmung 50,000 Deed - Filing Fee Net Equity Purchase Price (100% ownership) 56.644,553 Title Insurance Subtotal 50,000 Add: WY Acquisition Expense 650,000 ICY Cash Requirement at Closing 57,294,553 Physical Studies ATM • Testing 10-000 Subtotal moo Oki Appraisal Closing Proration, Ueda Due Diligence Survey Travel Valuation letter Waking Capital Other Closing Costs 20. 20,000 Conveyance Tax 4.7% 470,000 Total MY Acquisition Expenses 650,000 EFTA01119791  Mist4171144.44 06700 e Nyap banases• 14914191tlisse Set mui SS 1191.44 Pace da 1333.447 114 Was* la ílOMpll.u'Y nl 1.7V H% 1.5411 Si 5la Cie «en 113% %/4 • 71% Ont Homes 93P mimpeendla) 5." 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Item Sun excluded 1~ orlánd Syr paw Um ~ate (~~ M plan) 50n ~ale 304 400 /11r plan] 21104 Sp2 3~ 2~ 2010 total 2007 2044 2061 2040 Total Dres1441 50~ 23003 25.000 104.001 2560) 25.203 44.204 Dinghy IT 20.030 20.003 23 000 31/.04• 115 Oulisoárd 2.00 7,000 !COO GeV Cart 4.020 ~CO 12.000 6.033 4.040 Pin" Fuel Desk Meuse 12.000 12.040 key Extension Moos Ger. 331:011 53043 1/0.0. 7,003 7.~ 40404cd Boxes (5~10 15.00 15~ 15040 16.020 t000 75,020 15.00) 15.4:03 130:0 46003 /Omer Ikon 3.CCO 3030 3~ 3~ 3.000 15640 3000 MO) 30:0 3.2.0) 13.~ ~phy Travel IS 7.21:0 7.1110 Securer Cemew 5.000 3.000 4~ 3.000 3.~ 'teem Spene.Gewamse 3:0~ ~SO acoang System 6~ 6~ 10.4•3 5.000 6.240 5442100 IrmonleS0 2~0 etelein) 11,003 11403 Finger Plet Exionoone IS per year) 408484 10.203 14033 10.000 10~ 54~ 10.000 10.000 10.203 1-0.020 01.240 Front Geis 4~ 4035 fire Ls440~40 5.000 6~ 10~ 5.0;0 5.000 PG r•414 /4 4 1~ SW 4035 5~ 5.440 ~Mere 1~ 1~ OfIke Punt* 2.603 3~ 2.520 2.540 7~ Furck Up 1~ 11~ P1PX 10~ 10.400 10.203 14~ Copses Om 1~ 1.~ Om 140 Coc4« 1.500 1.040 Air 0.340Itionet 2.000 7~ 2.003 IWO 2.020 7.20) 6.400 Up Geml* Sabroc~ 2.~ lom 2.030 5.040 2.0:0 2603 4.004 Hot Valor Tents 2.000 2.444 2.2.03 2.400 Salo of Dinprty 12~1 (11010 (7.0301 (2.0001 Side of 0...103~ (1.2031 (1.0 M MOOD) (1.0001 Bolierd ~CO 3.000 3.00 3.~ 3.000 153~ 31:0) 3.200 1030 3.CCO 13.000 mplememrd 3.203 3.203 3.0:0 4403 3.1:00 3003 3.000 5.000 wam ~hems 1E0 220 142.100 or,mer Doc is 24A00 3.4.~ Controls Sorbs* SI SOO $1.500 Ut 40.. 15400 15000 ~Inn RepairrIlalnienanc• 3500:0 340.004 Conciettersum OM Ar np 7,530 7.1130 ~We Root /Gm* Hosed/ !MO 7~4 ~de Floor /cm. Hou40 000 ~air Caws% ~Is (0~ Meuse) 4 000 4~ R. Villndos Et Trim !tom 30 311 ~Ws Ite~erri 10 203 104110 44040 ROO (Fuel Oeciti 1 160 1.101 Replace 11.~~ /rum Doc.) 725 724 0~0/43 144014^4644 25 COO 75.000 Yew GP« (00 01~1 WI tm 1, 20 3 41 MI MI MIN (~~ ~1 300002 304~ 2~ Cp.. 0031 Maml 205.140 75.100 71,000 51.100 51.000 41112.500 TOW Gaon ler 4~4 ION homo 354~ 3 40.006 MON 46~ 040.145 cpNr Impro~~te by Gelepory OOG CePtal 353.100 36.885 35.000 10.000 51461.04 Ca~ 381.200 - Eq.rtrrert Cagrid 33.100 35.000 40.0:0 48,000 3~1 Capes let Re~ IC 14~ 3416,200 453,085 75,000 541,000 EFTA01119793