This was my forecast before today. Just wow....

This was my forecast before today. Just wow.

	Period	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021 (f)
1	Sales	122,315	117,575	91,732	88,740	84,473	84,173	104,007	137,761	150,822	140,484	147,726	159,143	151,772	180,000
2	COGS	-60,558	-63,520	-48,168	-47,868	-44,975	-47,007	-55,770	-74,191	-83,983	-76,075	-77,161	-85,678	-81,379	-92,700
3	GP	61,757	54,055	43,564	40,872	39,498	37,166	48,237	63,570	66,839	64,409	70,565	73,465	70,393	87,300
4	GP%	50.5%	46.0%	47.5%	46.1%	46.8%	44.2%	46.4%	46.1%	44.3%	45.8%	47.8%	46.2%	46.4%	48.5%
5	SGA	-41,197	-39,819	-25,056	-23,584	-23,737	-26,373	-28,533	-37,141	-38,843	-36,591	-39,476	-40,995	-41,592	-47160
6	Wages	-19,061	-18574	-13,006	-14,136	-13,968	-15,433	-17,247	-20,184	-21,206	-21,683	-21,422	-23,292	-20,924	-23400
7	EBITDA	1,499	-4,338	5,502	3,152	1,793	-4,640	2,457	6,245	6,790	6,135	9,667	9,178	7,877	16,740
8	D&A	-1,704	-1,480	-1,350	-1,163	-1,089	-1,107	-845	-698	-614	-722	-1,061	-1,118	-4,129	-4,129
9	EBIT	-205	-5,818	4,152	1,989	704	-5,747	1,612	5,547	6,176	5,413	8,606	8,060	3,748	12,611
10	EBIT %	-0.2%	-4.9%	4.5%	2.2%	0.8%	-6.8%	1.5%	4.0%	4.1%	3.9%	5.8%	5.1%	2.5%	7.0%
11	Interest	-98	-92	-138	-14	-2	-33	-160	-190	-284	-231	-151	-284	-897	-897
12	Tax	-3,655	-2,958	-1,919	-687	-640	990	3,301	-1,699	-1,152	-101	-15	421	-332	-2,522
13	NPAT	-3,958	-8,868	2,095	1,288	62	-4,790	4,753	3,658	4,740	5,081	8,440	8,197	2,519	9,192
14	One-offs	-20,639		-831	-199		-1,169	-17,055						3,632
15
16	Equity	58,592	51,875	51,098	46,897	44,998	39,074	26,429	31,277	33,012	35,234	41,046	44,532	44,781	44,781
17
18	ROE	-7%	-17%	4%	3%	0%	-12%	18%	12%	14%	14%	21%	18%	6%	21%