powerpoint presentation€¦ · (2) (3) (1) 1.05 ~(0.61) ~1.09 ~1.53 coty fy16 new adj. eps impact...
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$ Billions
33%
49%
18%⁷ ⁶
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Standalone CotyFY16 Adj. Operating
Margin
PF Impact ofTransaction
Pro Forma CotyAdj. Operating Margin
in Year 4
Top Peers
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(2)
(3)
(1)
1.05
~(0.61)
~1.09 ~1.53
Coty FY16New Adj. EPS
Impact of ShareIssuance, Transaction
Interest Expense
PF Impact ofTransaction
Adj. CotyPro Forma EPS
in Year 4
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(3)(1)
(2)
1.37Adjustment to
Exclude One
Time Tax
Settlement
Benefit of
$113M
Total Impact of Transaction:
~$0.48 Accretion
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~25%
~90% ~90% ~100%
$800-900M $900-1,000M $1,000-1,100M $1,100-1,200M
FY17 FY18 FY19 FY20
Retained Free Cash Flow Net of One-Time Cash Outflows Net One-time Cash Outflows ¹
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Creative and Original Product Presentation
Marc Jacobs
Decadence
Miu Miu
Fragrance
Marc Jacobs
Daisy Dream
Calvin Klein
Gold
Cover Girl
Katy Kat Matte
Lip Color
Superior Consumer Innovation
Philosophy
Miracle Worker Overnight Peel
Bourjois
Rouge Velvet Lipstick
RIMMEL
Volume Colorist
Sally Hansen
Miracle Gel
Wella Koleston
Perfect INNOSENSE
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5,518
(84)
5,434
(586)
4,848
4,000
5,000
6,000
FY2015 S-4P&G Beauty Net Sales
P&G Divested Brands FY2015 P&G BeautyAdjusted Net Sales
ExcludedBrands
FY2015 AcquiredNet Sales
(1)
(2)
4,911
(506)
4,405
360 4,765
3,000
4,000
5,000
6,000
FY2016 S-4P&G Beauty Net Sales
ExcludedBrands
FY2016 AcquiredNet Sales
FY2016FX Impact
FY2016 Constant CurrencyAcquired Net Sales
(2)
634
345 102 ~1,081
(~130)
~950
0
750
1,500
FY2015 P&G BeautyS-4 EBITDA
Non-Transferred Costsand Adjustments
DepreciationAccounting
Reclass
FY2015 P&G BeautyAdjusted EBITDA
D&G and ChristinaAguilera Brand
Contribution
FY2015 AcquiredEBITDA
(2)
(1)
319
555 102 ~970
(~120)
~85066 ~915
0
750
1,500
FY2016 P&G BeautyS-4 EBITDA
Non-TransferredCosts
and Adjustments
DepreciationAccounting
Reclass
FY2016 P&G BeautyAdjusted EBITDA
D&G and ChristinaAguilera Brand
Contribution
FY2016 AcquiredEBITDA
FY2016FX Impact
FY2016 AcquiredConstant
Currency EBITDA(2)(3)
5,518
(2)%
(2)%
(7)%
4,911
3,000
4,000
5,000
6,000
FY15 Net Sales as Reported Organic Growth for AcquiredBrands
Impact of Excluded and DivestedBrands
Foreign Exchange FY16 Net Sales as Reported(1) (2)
1,993 1%
(6)%
(7)%
1,749
500
1,500
2,500
FY15 Net Sales as Reported Organic Growth for AcquiredBrands
Impact of Excluded and DivestedBrands
Foreign Exchange FY16 Net Sales as Reported(1) (2)
2,119
(7)%
(7)%
1,826
500
1,500
2,500
FY15 Net Sales as Reported Organic Growth Foreign Exchange FY16 Net Sales as Reported
1,4063%
(8)%
1,336
0
1,000
2,000
FY15 Net Sales as Reported Organic Growth Foreign Exchange FY16 Net Sales as Reported
