2009 the year of the bbi rebound, page-32

The following answers are based on HISTORICAL 2007/08 figures. Forward figures would be estimates only and as such are subject to variance. I have my own forward forecasts based on hours and hours of extensive research but they are my figures and as such I would not want raw investors to use them to make a decision on whether to invest in BBI or not. I think the Investor Pack is very straight forward. All the historical 2007/08 information is in it which should enable people to get a very good grasp of the fundamentals.

Q1. What operating income does BBI generate per month?
Ans: $190M per month "average" revenue

Q2. How much of this is profit?
Ans: ZERO! They don't make a profit!

Q3. IS this profit consistent and sustainable in the medium to long term?
Ans: N/A because there is no net profit!

Q4. How much of the profit is used to pay off interest on current debt?
Ans: "Profit" is the last line AFTER all expenses and taxes are paid including interest expense. I cannot answer your question as the question does not make sense.


Q5. What is the monthly interest requirement on current debt?
Ans: This question is really annoying as it is clearly shown on Page 12 of the Investor Pack.
Total NET INTEREST EXPENSE on total debt including recourse debt = $465.5M
This is an annual figure so divide by 12 to get the monthly average of $38.8M per month.