Jb Hifi

Company Overview JB Hi-fi was established by John Barbuto (JB) in 1974 and opened its first shop in Melbourne. In 1983, it was interchange to Bouris and Rodd who expanded the company and, later on, sold the majority of their dimension to a private equity, Next Capital Pty Limited. The companys share was floated in Australian Stock Exchange in 2003 at IPO price of $1.55. JB Hi-Fi, has diversified its business from preponderantly selling music CDs, and is now a major retailer for televisions, audio/visual, photography, portable audio, in-car entertainment, computer/video games, DVD movies, gadgets and entropy technology equipments. By 30 June 2009, the company currently has 123 stores in Australia and New Zealand and management has reiterated its intention to continue expanding and opening more stores to support companys growth.

JB Hi-fi (JBH) Free bills Flow to the true 2005 -2009 (Historical) 20052006200720082009 $ �00$ �00$ �00$ 000$ �00 Sales693,943945,8211,281,8371,828,5642,327,266 EBIT*34,64944,53865,564102,249141,967 Taxes9,44211,95418,00328,87541,055 Depreciation5,2687,43910,85414,74118,749 Capex20,14229,04636,52851,57344,429 transfer in NWC14,85923,42015,35517,01711,730 FCFF**(4,526)(12,443)6,53219,52563,502 *EBIT = Net Income Taxes Net Interest Expense (Income) **FCFF = EBIT Taxes + Depreciation Capex - Change in NWC JB Hi-Fi (JBH) Free Cash Flow to the Firm 2010 -2015 (Forecasted) 201020112012201320142015 $ �00$ �00$ �00$ �00$ �00$ �00 Sales2,961,9783,769,7954,585,4335,330,5205,922,2356,288,229 EBIT157,037199,865243,108282,611313,982333,386 Taxes47,11159,96072,93284,78394,195100,016 Depreciation18,95719,16819,38119,59719,81520,035 Capex46,11347,86149,67551,55853,51355,541 Change in nwc7,5138,0638,6549,2889,96910,699 FCFF75,257103,150131,228156,578176,121187,165 ? Our Assumptions Company Forecast Several... If you compliments to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.