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Prioritized IndustrialOperational Due Diligence Information Request

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Prioritized IndustrialOperational Due Diligence Information Request

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we start to look at the Historical financial information looking at the income statement the income statement is US Gap it's accounting based we convert this into what we call quality of earnings what does it mean quality of earnings it means that we transform this income statement into an economic earning or an economic statement where we try to clean it up from any non-recurring events anything that is oneof you see what will be the continuing operations when we do the acquisition examples of one off a fire happened or uh onetime Revenue related to a specific project that will never happen we try to clean that up to see what's the normalized revenue what's the normalized earnings and based on that this is the basis core of the purchase price

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