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Table non parent block reread, year to March 2017, year to March 2017

Year to March 2017

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

Supersedes 's reading (levered First Avenue). 's arithmetic stands.

The values

  • Non parent L: 72,755
  • Non parent NA: 30,027
  • FA debt to value % Forbes: 0
  • FA NA estimate: 5,000 to 14,000
  • TPC subsidiaries NA in table estimate: 14,727 to 23,727

Some detail is too fine to show here; it is kept in the trainer’s notes.

Where it comes from

Our calculation from other figures in the trainer’s notes:

Show the working
  1. Forbes 0% debt ⇒ the table's ¥72.8bn non-parent liabilities are mostly TPC subsidiaries'