1 / 19

Module 11: Adjusting Enterprise Operations

Module 11: Adjusting Enterprise Operations. Brian Phelan. Agenda. Background on HP Inventory Leasing SPEs ESO . Industry Structure. Source: Ibis World US. Industry Structure. Source: Ibis World US. Background. Restructuring Billions in Impaired acquisitions Layoffs

efrat
Download Presentation

Module 11: Adjusting Enterprise Operations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Module 11: Adjusting Enterprise Operations Brian Phelan

  2. Agenda • Background on HP • Inventory • Leasing • SPEs • ESO

  3. Industry Structure Source: Ibis World US

  4. Industry Structure Source: Ibis World US

  5. Background • Restructuring • Billions in Impaired acquisitions • Layoffs • 5 year plan -> growth by 2015

  6. Revenue Breakdown

  7. FIFO Inventory Source: HPQ 10k

  8. FIFO to LIFO Source: Investopedia

  9. Leases Source: HPQ 10k

  10. HPQ Operating Lease Assets Source: HPQ 10k

  11. HPQ Overstated Assets

  12. Lease Issues • No present value of minimum lease payments for HPQ capital leases • Adjusting for HPQ assets leased to customers as operating leases

  13. Special Purpose Entities Source: HPQ 10k

  14. ESO Assumptions

  15. ESO

  16. ESO Liability

  17. ESO Tax Benefit

  18. No Excess ESOP Tax Benefit Source: HPQ 10k

  19. Data Still Searching For • Projected growth rate by revenue segment • Reported debt tax shield • Breakdown of expenses

More Related