Note: The cash outflow relating to the repayment of loans is not included on the cash flow forecast because it is included in the calculation of the weighted average cost of capital (WACC) which is used as the discount rate in calculating the NPV and estimated business valuation.

CopyFinancial > Note: The cash outflow relating to the repayment of loans is not included on the cash flow forecast because it is included in the calculation of the weighted average cost of capital (WACC) which is used as the discount rate in calculating the NPV and estimated business valuation.