-0
,Figure !.i& Commodity Nice Scenario Anakr,i., Cimerex Energy Forecast Metrics
C
FY 15€ EFITTDA (5 M.lhon) FY 15E FCF (5 hlillsoni
«I /ME« Ca« ii.Jrne
1175 $120 %A 33.21 $3 73 14 75 5475 11.73 57.21 $2.73 $3.21 5175 54.25 1175
113110 $170 $267 $355 3443 1531 $613 3707 350.0 1 , 042) t$1 017, 4962 44811 118731 (3758) (3401)
$400 1313 $471 35% 1647 5735 yen $911 34.0 49331 (UM( ($401 «17391 4474) 1/610) 4546)
5549 3147 3575 3743 1141 3939 31077 31.115 350.0 i37•51 137701 (3024 112001 (3574/ MI6/ 113931
500.0 3791 39A 3957 31.055 31843 31.231 31.319 360.0 116361 13571) 11507 (34421 1377) 11312) 0245/
4710 3905 31.0e3 31.171 31.259 31.3.7 31.436 31.573 $70.0 wen (un) 6358 132931 112291 13164/ (144/
%AO $1.199 31217 11.375 $1.403 11.50 31.410 11.777 900.0 1%301 4774) (12C0 111451 13101 1$151 340
3910 31.403 $1.401 $8577) $1.001 11.155 31.6* 51.101 11•10 13100) 41%4 ($01) 34 340 1133 1191
FY 16E 8ITDA (S. Milbon) /V 16E FCF (5 ',Whorl)
12175 9254 53.21 an $425 54% 1175 an 52.75 33.23 3171 $4.25 54.75
3310 $200 3297 1301 5491 5068 3691 3781 nee 111.34% 1112573 (51 157) (31.053) 46651 48741 (3780)
1400 3425 3527 3418 $715 1812 $931 $1.003 $40.0 41.125) 41.013) ($1303 11.4.0 47501 44651 (35411
15111) $149 3745 3813 $940 31,036 $1.133 51.230 11500 11910) ($814) 47701 (14251 45311 4434) (33421
9100 $814 $970 31.017 $1.164 $1.201 51.104 %CO $000 40601 11600) ($01211 44001 43171 112151 111%)
11700 31.091 31.1% 54 292 31.389 31.455 31112 31.679 570.0 44711 13377) (13121 atelel 4931 31 SW
MO 31.322 31.419 31.516 31.613 31.710 31.4% %KO MO 4252/ 13154) 1143) 331 3126 3220 3315
55(15 $1547 $1)40 31.837 31.934 32.031 12.125 50 ea »1 $156 $250 $345 h.% $533
FY 15E Debt Plo.ed Reer:es IS.Lklel
11.7$ 12.25 1235 5125 14.70 14.25 14.75 5471 an $2.73 5171 3175 $4.25 34.75
5240 1264 4h 50. 404 3.9( 3b 76. 1300 $6 9 109 18 9 30 8 304 p4 MB
5410 554 4.3í 354 202 2k 2h th 340.0 311/ 108 %8 $68 937 307 307
$510 33. 2.8í 24. 21. 119 16, 1.4 $50.0 M4 938 34 7 $07 107 $07 M4
MO 23« 20. 17. 1 5« 14x 12« 1.1z 34/10 54 7 307 307 $6 6 M6 $6 6 M6
$610 17. IS 13c 1h td 064 0.8« 170.0 p7 006 $6 6 34 6 00 4 $0 6 308
3810 1h 1L 10. Oh 04x 07. 0.0: WO 54 4 M4 306 309 136 10 6 109
SO 1.k 0.64 01a 079 064 Oh 0k WO 106 306 106 106 506 306 106
FY 16E DcbtProved Reserve« ($:7.'c fel
stil a 5475 $125 nn $4.15 14.75 5171 an Ian $3.26 nis 14.2$ $1.75
5110 128. 133. e1. 47x 382 3h 20. $30.0 114 $14 $13 313 112 II 1 311
144.0 56« 4a 3k 2«1« 2k 21. 18. $40.0 311 213 31.2 %I 310 310 $09
1810 334 219 248 2C« 18x 18« 13« 540.0 3I1 311 310 310 300 304 308
1110 22a 164 17x 11x 1a 14 1k 950.0 310 309 309 305 M7 507 SO 6
1700 le. 14« 12« 11. 1C« 064 073 3710 109 $04 307 507 1041 $06 306
IMO 1h 10. 0a 08. 07. 064 05. 3%.0 13 7 $06 101 501 SO 6 $06 304
1010 064 064 0.7. OS< 0k Oh Rh IMO 506 306 $66 WO 306 1015 304
Sand I:~ 6~
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