Concordia Healthcare Corp. T.CXR.R

Took time out to dissect the Presentation - CIBC is Wrong -

[ryehigh2014]

Below I`ve pasted a Proforma I/S for Q3 - Q4 (i know its early). Most assumptions are relative to Revenue. I factor in a 1.21 GBPUSD rate and a 1.10 GBPUSD for Q3 and Q4/2016 respectively. Furthermore project negative 10% of revenue growth for Q3/Q4. See below for I/S snapshot.

  

Income Statement			Historical
	Units	QY03	QY06	QY09	QY12	TOTAL
Revenue	$ Thousands	$            228,535	$          231,712	$        222,891	$     214,478	$        897,616
Concordia International	$ Thousands	$            139,913	$          151,477	$        145,418	$     139,601	$        576,409
Concordia Orphan Drugs	$ Thousands	$                 2,674	$               2,744	$              2,744	$           2,744	$           10,906
Concordia North America	$ Thousands	$               85,948	$             77,491	$           74,729	$        72,133	$        310,301
Concordia Legacy Drugs	$ Thousands	$               29,197	$             31,461	$           31,461	$        31,461	$        123,581
Covis	$ Thousands	$               56,751	$             46,030	$           43,268	$        40,672	$        186,720
EBITDA		$            106,943	$        (441,212)	$        112,438	$     106,615	$      (115,216)
EBITDA + Impairment		$            106,943	$          125,864	$        112,438	$     106,615	$        451,860

[ryehigh2014]

Cash Flow Statement     Historical       QY03 QY06 QY09 QY12 Total Cash flow from Operations             Net Income (loss) from continuing Operations  $ 

[ryehigh2014]

Apologize. I dont think anyone can see the post properly. Anywasy to summarize.  Cash on hand expected after Q4 - 203MM. I expect 2 NI losses going forward. NOL tax carry forwards will be HUGE (and beneficial). I expect acquisitions to the tune of ~30MM a year. I also expect EXTREMELY negative growth rates of -10% a quarter to start (which is very unlikely) (-6% for North American Business

[Marky1]

Thank you for all the work that you've done for all of us rye high !! Appreciate it...