Discount Rate 0.

08
China
Growth 1.35
Operating Margin 0.11
2000 2001 2002
Sales 4.00 5.00 6.00
Op Margin -5.00 -5.00 -5.00
NPV ₹ 0.11

UK
Growth 1.17
Operating Margin 0.08
2000 2001 2002
Sales 4.00 6.00 8.00
Op Margin -2.00 -2.00 -1.00
NPV ₹ 0.65
Japan
Growth- Today 1.05
Growth- Future 1.12 CAGR 1
Operating Margin 0.11 1999 2000 2001 2002
Sales 5% 150.00 157.50 165.38 173.64
Sales 12% 150.00 168.37 188.99 212.13
Growth in Sales 10.87 23.61 38.49
Op Margin 1.20 2.60 4.23
NPV ₹ 76.57
P&G

2003 2004 2005 2006 2007 2008 2009 2010

8.10 10.94 14.76 19.93 26.90 36.32 49.03 66.19
0.89 1.20 1.62 2.19 2.96 4.00 5.39 7.28

2003 2004 2005 2006 2007 2008 2009 2010

10.00 11.70 13.69 16.02 18.74 21.92 25.65 30.01
-1.00 0.94 1.10 1.28 1.50 1.75 2.05 2.40

2
2003 2004 2005 2006 2007 2008 2009 2010
182.33 191.44 201.01 211.07 221.62 232.70 244.33 256.55
238.11 267.27 300.00 336.74 377.98 424.26 476.22 534.54
55.78 75.83 98.99 125.67 156.36 191.56 231.89 277.99
6.14 8.34 10.89 13.82 17.20 21.07 25.51 30.58