Sales $431,150,000
Cost of goods sold (299,000,000)
Gross profit 132,150,000
Depreciation and amortization (17% of net fixed assets) (x)
EBITDA 64,672,500
Depreciation and amortization (x)
EBIT 64,672,500
Interest expense (8,177,000)
EBT 56,495,500
Taxes (25%) (14,123,875)
Net income 42,371,625
Dividends (48.25% of net income) (20,437,000)
Addition to retained earnings 21,934,625