TAILIEUCHUNG - Nothing But Net 2009 Internet Investment Guide 23

Nothing But Net 2009 Internet Investment Guide 23. Leading . Morgan Internet industry analyst Imran Khan provides a comprehensive look at key Internet industry characteristics, drivers, and trends in his seminal industry outlook, Nothing But Net. Geared toward Internet investing novices and experienced professionals, this book provides a detailed look at data points and trends that should be considered when investing in the Internet space. With almost 8 years of technology banking and investing experience, Khan provides a detailed analysis of multiple Internet sectors including online advertising, e-commerce, online travel, and social networking. This book is a must have for. | Morgan Imran Khan 1-212 622-6693 Global Equity Research 05 January 2009 Table 143 MercadoLibre Annual Cash Flow Statement in millions 2007 2008E 2009E 2010E Cash flows from operations Net income Depreciation amortization Interest expense income - Realized gains on investments - - Unrealized gains on investments - - Stock-based compensation expense Cumulative effect of change in accounting - - - - Change in fair value of warrants - - - Deferred income taxes - - Changes in working capital Accounts receivable Funds receivable from customers Prepaid expenses Other assets Accounts payable Funds payable to customers Provisions - - Other liabilities Net cash provided by operating activities FCF Operating Cash Flow - Capex FCF of EBITDA Cash flows from investing activities Purchase of investments Proceeds from sale of investments Payment for purchases net of cash required - Purchase of intangible assets Purchase of property and equipment Net cash provided by investing activities Cash flows from financing activities Increase in short term debt - - Decrease in short term debt Loans paid - -- -- Proceeds from stock issuance - - - Stock options and warrants exercised - - Net cash provided by investing activities - - Effects of exchange rates on cash - - Cash and equivalents beginning of period Net increase decrease in cash Cash and equivalents end of period Source Company reports and . Morgan estimates. 221 Morgan Imran Khan 1-212 622-6693 Global Equity Research 05

• Internet Marketing
• Imran Khan
• Ngành công nghiệp internet
• quảng cáo trực tuyến
• thương mại điện tử
• online advertising
• e commerce
• online travel
• social networking