BOARD00940

• Board Meeting Date: 3/29/1999
• Description: CF Section - Long-Term Financial Projection
• Board Meetings - Doc Type: Memo

I

I

I

I

I

I

I

I

I

I

I

I

I

I

.
.

-

-~

0>
0>
;;
N
N
o

u
"
W
';;
"
a::

u
rn
o
al
c
o
~"O
~ C
" =>
W U.
c c
o 0
Un
03 2
ro en
3: 5
O()
-gal
gU
03:
()()

w
-'
al
<(
>
w
u
w
a::
en
....
z
w
:;;
>-
<(
0-
z
c<(
.Q 0
13-'
"-'
"0' <(
- =>
o..z
rnz
"g <(
rou.
~o
w
E -'
,,=>
f-;"ffi
0>:>:
5U
-'en

g:;;
~~

00 C) ,...
000 N
N ui <0 N
m ~ ~
0000
cD M '<t"" rti
N

1;;
~
.8

..... Ol l() 0
lO <C lO 0
cD N -.i 0:
OJ ~ l") 0
en 0 <c o.
N~

Cft'li
~I Q,.
g::' .u
~ .5
w~

~ ::: ; ~
C'\i N M N
g~~~
It) r--" N

g~2g~ggg:g:=g~~g
M ci ,....: c:i N ui .0 N co" 0: cO .... cO
:R.r--.*g'<t ~~ooqMil)~
;:cOi~N"":"":~Ol. ~.n(1J.

lO 0 <0 '<t '<t '<t Ol <0 l() lO
l() <C Ol ~ 0 M N M Ol Ol
~:g~N~g~~g~
'<TN<oql.DN'<fIO'<t~
,...: "," N-;:;; ,...: cD.n or) ~

~~~~~~t::r;::~~~
~ ~ N ~ ~ m ~ 8 ~ ~ ~
'<t'~~~~.~<O'(['-~~o.
M

om
o ~
o

~ ~
o ~
ui N
~ m N
0_ ~
;: N- '<to

~ N N
N ex. '<I:
:g :2 ~
ON N
l{)- N..i

000(0
NON 0
ci -.i l") N
M N 0 '<t
M to (0. Ol
N"o"CO<D
~

/'-. '<l" <0 0::-
N r-- r-- '<T
M ci co" ..t
M r-- <0 '<l"
(0. Ol N '<l"
<DiD..;
M

~ ~ ~ U;
u:i to') '<T r-:
m :g M ~
("f ri N
N

o III l() '<l" "f 0
~ r-- 0 <0 r-- 0
<0 cO"; r-:..,,: ci
(0 <n Ol L() '<l"
O. C') r--.o (C
<0 ri M..,.-
M N

l() r-- (0 0
"'" ~ <0 '"': 0
.0 .... .... cO ll) 0
~. 0; ~ 0; :n.
~ .rf

~C2;~~~g
ci""':"",: ci cD ci
:3. '<t ~ ~ g
N r-- N M-

000000'<1" M Noao 00 0 000 000000 000
~~~~cicicici~~~cicigcicicicicicicicicici~cidcid
',o",__egg&ggm~~~ggr--gggggggr--gggg~g~
~ciOl")M.nOcD ooocriorlllillilliN"rigricicimo-.ioN
55g2l()~Nm~~~~~~~N~~~~ eg"~M~~~~
.3 ~

"
~ Sl

lO lO ~ ~
~ 0:. 0:. 0:.
eo:. 0:. e

~
ell>:
o a
'"

~ (0 ~ ~

~
~
~

(0 lO r-- (0
;; g g g
~ ~ ~ S5
~ ~ ~ ~

~Ii)OONN~Or--Ii)C:O~N
~ c:o 0:. c:o c:o <0 c:o 0:. 0:. Ol 0:. 0:. co ~
C)e~a>eo:.C)eeOla>e~a>

~~I()""OlO>M~,-Ii);:;:~N

~ ~ e.N ~ ~ ~ ~ ~ ~ N M ~ ~
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ @ @ ~ ~
~~~~~~~~~~~~~~

~ N
m ~
m m

M r-- ~ ~

r-- N N M
N N N N
0000
~ ~ ~ ~
~ ;:? ;:? ~
0000

lD N .... r-- lD M l() co
6 ~ ;: ri ~ :1 ::J ~
o ~co~(Ooo
M (0 M 0 c:o en Ii)
N f"i ol M- <D N Pi N
r-- ~ ~ N r--
~

Q)
co
ro
a.

~g~ gg e~ ~ ~~ ~~~?3~g ~g~~~ g~g ~~~g~g~~~

:g ~ ~ ~ ~ ~ gJ ~
r-.:.o c> ([i M ci
M 0 ~ Ol l() ~ co a>
'r:.~NOM_-':-NCO
-.:--,...: ol N <Ii N"-i
~ ~ <n

~b;egb;g~~
N N -i o:i .0 o:i .- .n
Rg~re~~f!t(j;
c:o' N -i -i -i ,...:
~ m
~ M

ggggggg~gg~ggg~
0" 0" 0" ci -i 0" ci ci 0" -i ci 0" ci
g~gg;s:5go,gg~g~g:!
6~.o6.o66;6.o.o6o;.o-i
::gNNIi)~~g ~;o~;~<n~
~. ~

~ ~
~ m

co ~ ~ ~ lO ~
~ co Ol Ol a> 0:.
~ C) ~ a> e ~

~~gg;~b;Oi~
e Ol C) 2! Ol e Ol Ol

(0 <0 co r-- ~ M .... ~

~NNOM~lDOl
gggg8gog
~~~~o....~~g~
.e.M ~ ~ ~ M
~:3~~o8o~

g;g~~~~g~~

II>*~***~~*~~*~~*~*~~**~*~~~*~*~~**~~~*~~*~~*
iijlOOOIOO'br--O 0 oo~ 00 0 O'bOOO~1l)1l) 'bMIl)~OO~O OOll)l()o'boo Il) 00
o::~ ~ ~:: ~;j ~ ~:;j;j;j;j ~:;j ~ ~:;;j~;J:ri~:: ~:: ~ ~;j ~ ~ ~ ~:;j ~ ~:ri~:;j:;j ~ ~:;j

i~o:.li)<OOlO<OM(o~OMI()<OoN~~~mN
~~~g~~~~~~~~a~ ~~~~~M~lh
8 z ~ I() Ii) Il) ~ l() I() ~. l() Ii) ~ ~ Il) Ii) Ii) ~ Il) ~ ~ 0

.
j.i ~ j
~ ~ "ffi ~
IE '* ~ ~
~ ~ ~ ~
uO~6~
II> 'fi ~ ] CD
;g~~~~
u
o
.
~
'5
L'J
o
~.g
ci <;;
uo
.,; c
. .
0: "'
.. ..
~ .
.B iii
o ~
.'"
; B :l
8 .~ ~
o OJ g
III '" '"

<S
-"

1i
>- .!!?,
o 0
~a:
~ .&
~ ~
.B QJ .& ~
o tl ~ ::
o..c 1:) 1:)
Il)g55'Oo
~&e~cc
~~~w~~
o <.> ~ ~
l.~ 15 15 ~ ~
0.. ... t: "'" III III
<t <t <t ~ m m

~
.
~
u
~ 5
'g"-
U).E
~ '"
~ i2
"iij ;V
. m
.l' "

a; a;
-:- c c
N ~~~ >-
&J w~~~~ -g
;:- ~ ..c ace..., U)
QJ Q:. -E .Ql :: ~ ~.~ ~
~ "'" QJ 0::: .2 c c::i :c
..c ffi E ;V (5 'E .2..c "iij
Q:. t- ~ ~ I ::i ::i oJ:! al
Ege>~.c..c u..
.&~E-g2..g~-g.ci.ci
~B_llImo Illjgjg
(/JU)E~~-.~-~~&!~
i:i:~... ......
c.c.....~~~~~gg
JlJlci(/J(/J(/JU)U)oo
2 .& ~ ,~ .~ .~ .~ .~ ~ ~
~~&==-~~;-~~~
~rn~~~~~;~~
m III III ..c ..c ..c ..c ..c 2 2
mmmll..ll..ll..ll..ll..mm

l.i l.i
o 0
. .
~ ~
. "
0; .
. .
=> =>

~
o ~
. 0
~ .
~ l.i l.i l.i l.i l.i 0 l.i ~
U E E E E E E E 0
... ..: U
.& '* "=
~ ~ ~
1: 1: &J
. . .
~ "- 0:

'*'*****
""""" "
W""'""'1: 1: 1:
~ III ro III III III
1llll..Q.a.Q.ll..
~~~~~~
::l m m III ro III
III QJ QJ QJ QJ QJ
mmmmmm

,.... ~ .- .... ~ ~

<0 M (0 ~
;; a ~ 0 a ~
~ ~ ~ ~ M
M!:2eeg~
~ ~ ;; ;; N _

reOU:;CIla>MOIi)~N ~~\t}OOa>a>~1i)1l)
<O~M~~~MMfflffl;::g:2~~~~g~:g~
MM MMMMMMMM MMMMM MM MM l")M
~~~ 1i)~1i)~1l)1l)~~ 1i)~1l)1l)~1l)1()~1l) Ii)

E
. .
.ci 1: <;;
. . ~
~ E "'
& ~ ,~
~ Q.;;;;
o E oj
E .s
~"R
c ii:
.0 .c"
. "
50
c E
. .
E 0
. >
t8 0

.0
~
.
.
.fj'&.
, ~
U) t:
~u
:c is
.iij >
. .
. .
'-m

.
..
~..
"'5.,9-
~"-
o n:;
.g QJ ~ ~
~~~=~
0: u '" E.O:
QJ t; O(! m QJ
::; QJ EO::;
~g~~~
;v <Il ii5 0 ...: ~ ii5
QJ i: CD U U c:
~j'~~lQj"~
~ c ;v 1Il )( ~ CD
0::: ~ 5 ~ ~ ~ c5

E
. .
~-g
"' ~
.
:; 0:
~ ]!
"'-
.- ,
.!:: 0

.
is
0;
m
"

0;
>
0:
~ .g
in _
>-~i5
15 QJ ...
E g '*
8 ;- ~
~ '" .
,g :g ~
~]~
> U 0
~~~

.ri
.
~
.
0:
E
.
o
"
.
0:
:2
~ ~ .ci .ci
E <;; ~ ~
Eln&!&.

~ .& ~ ~
s ~ 0 0
ll.. 1::':g &J
j <3 ~ ~
QJ C ill W
g ~ ~ ~
UUOD

~
o
.
~ ~
c E
. 0
~c:
.g 8 .~
<;; C QJ
o ,g ~
;v ~ 0:::
... .E E:
~ - 1:)
m ,
~.s&
~~j
o .
~ ~ 13
- , .
m m u

'0 €
" 0
<3 _ ~
~gg~
U m III ii:
c U U QJ
g~~~
m m m III
U U U U

..
11
'"

.
..
..
~
ii: QJ
1:) '2 ~
o 0 E
: w'€ 0
00 0 U
CD z a. O(!
.g ~ ~.o &J
y, '"' "u 2: m
c&J~i"~&J~
~,2jgo~e&!~
QJ :l!i ~ QJ C
~ :c ::l c: "0 .0 "(5 '0
M III a. j 2: 2: "E t:
i~i~jj~&
:.0 .::( 0:: QJ C c 'E 0
m 2~.9B.Eo
~ QJ m :c ~ .s: "0 "iil
.o::::~~UUU~O:

Ei
;;'
~ Q:."
y, u; .g
00<;;
e e 0
~ ~ ;v
€ ~
o ~
z '5
. 0
~ "'
~~
1il ~
. ~
U U

.
..
~
.
.ri 0:
. E .
..c m .5
& 0 1>
o N ~
~ O(! ii:
Q. .- i:
iii ci c.
~ ~ 0
i2 1Il Q)
E: c:: m
B U ~
tlI C ~
El 0 1:::
, 0 0
"- U U

~
o
.
~
E ci 0:
o U U
U
..c '0 .0
.B 2: 2:
o ~ &J
. . .
o 0: 0:
jO(!O(!
~~~
'000
. 0 0
~.9 0
:c.5 :s
UUU

~ ~ 8 8
O~(fj'fio
<Ii g g :l::: U
6mUO~
U 2: cO(! <Il
QJ ~ .~ .0 ~
~8~~~
~ ;v ill 0:: 0
i2~]""'1::'
o > 16 ~ iJ
~2~UN-
o .ijj' w :5 ~
156500
UUUUU

...
:.::
s:
<Xi
Cl
w
a::
z
<l:
o
...J

a-
N
~
~u
o U
:l5 c 8
~~~~c
m U .u"2
~ ~ ci 0 ~
O=~~E
U ~ ,g W 1:)
o O(! 0 ;v ffi
.~ ..c c ~ I
J~I~3
;v QJ QJ QJ ~ ~ j ~
~ ~ ~ ~ lD I- QJ :i
~~~~~~ffis