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Year-4 Year-5 HISTORICAL Year-3 Year-2 PROJECTED/FORECAST Year-1 Year-1 Year-2 Year-3 Year-4 Year-5 Non-current liabilities Term loan Other loan Current liabilities Creditors Bank overdraft loan Total equity and liabilities Debtors days Creditors days CASH FLOWS FROM OPERATING ACTIVITIES Net profit before taxation Adjustments for: Depreciation, amortisation Interest paid Interest received (Increase)/decrease in debtors Increase/(decreas.

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