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					                                                  digaAmiga MARKET POTENTIAL (in millions)
Madrid/Barcelona                      Amount       %          %          Total    Paris
2001 Total Tourists:                   13.0      100%      Captured    Captured   2001 Total Tourists:
Europeans                              8.84       68%                    0.23     Europeans
                Germans       2.7                 21%         3%         0.08
                Britons       3.3                 25%         3%         0.10
                Spanish       0.0                 0%          0%         0.00
                French        1.8                 14%         2%         0.04
                Netherlands   0.5                 4%          2%         0.01
                Italy         0.5                 4%          1%         0.00
Americans                              0.65       5%         7%          0.05     Americans
Other                                  3.51       27%        2%          0.07     Other
                               %     Americans Europeans    Other     Spain Total
Segment:                                                                 0.34     Segment:
College                       43%      0.02       0.10       0.03        0.15     College
Professionals                 43%      0.02       0.10       0.03        0.15     Professionals
Business                      4%       0.00       0.01       0.00        0.01     Business
Exchange                      4%       0.00       0.01       0.00        0.01     Exchange
Retirees                      6%       0.00       0.01       0.00        0.02     Retirees

Amsterdam/Prague              11,7    Amount       %          %          Total    Rome/Florence
2001 Total Tourists:                    17.0     100%      Captured    Captured   2001 Total Tourists:
Europeans                              11.22      66%                    0.61     Europeans
                Germans       3.2                 19%         6%         0.19
                Britons       3.4                 20%         6%         0.20
                Spanish       1.0                 6%          5%         0.05
                French        2.0                 12%         4%         0.08
                Netherlands   0.7                 4%          6%         0.04
                Italy         0.9                 5%          4%         0.03
Americans                              1.19       7%         25%         0.30     Americans
Other                                  4.59       27%        7%          0.32     Other
                               %     Americans Europeans    Other     Holnd Total
Segment:                                                                 1.22     Segment:
College                       43%      0.13       0.26       0.14        0.53     College
Professionals                 43%      0.13       0.26       0.14        0.53     Professionals
Business                      4%       0.01       0.02       0.01        0.05     Business
Exchange                      4%       0.01       0.02       0.01        0.05     Exchange
Retirees                      6%       0.02       0.04       0.02        0.07     Retirees




Germans                 22%
Britons                 25%                    European Market Segment
                                          European Market Segment
Spanish         10%
French          14%                     Germans     Britons   Spanish   French   Netherlands   Italy
Netherlands     10%
Italy           7%
Other           12%
                                                               12%                      22%
                     100%                      7%

                                        10%

                                                  14%                                          25%
                                                                     10%




               Market Segment By Country
                            Europeans         Americans         Other



                        27%




                                                                     68%


          5%
T POTENTIAL (in millions)
                                  Amount       %          %          Total
1 Total Tourists:                   32.0     100%      Captured    Captured
                                   23.36      73%                    0.89
            Germans       3.8                 12%        10%          0.38
            Britons       2.2                 7%         10%          0.22
            Spanish       1.3                 4%          7%          0.09
            French        12.8                40%         0%          0.00
            Netherlands   1.6                 5%          8%          0.13
            Italy         1.6                 5%          4%          0.06
                                   2.24       7%         25%          0.56
                                   6.40       20%        7%           0.45
                           %     Americans Europeans    Other     France Total
                                                                      1.90
                          43%      0.24       0.38       0.19         0.82
                          43%      0.24       0.38       0.19         0.82
                          4%       0.02       0.04       0.02         0.08
                          4%       0.02       0.04       0.02         0.08
                          6%       0.03       0.05       0.03         0.11

              25/8                Amount       %          %          Total
1 Total Tourists:                   34.0     100%      Captured    Captured
                                   22.78      67%                    2.42
            Germans       7.1                 21%        12%          0.86
            Britons       8.2                 24%        12%          0.98
            Spanish       4.8                 14%         8%          0.38
            French        0.0                 0%          6%          0.00
            Netherlands   1.4                 4%         10%          0.14
            Italy         1.4                 4%          5%          0.07
                                   2.38       7%         35%          0.83
                                   8.84       26%        9%           0.80
                           %     Americans Europeans    Other      Italy Total
                                                                      4.05
                          43%      0.36       1.04       0.34         1.74
                          43%      0.36       1.04       0.34         1.74
                          4%       0.03       0.10       0.03         0.16
                          4%       0.03       0.10       0.03         0.16
                          6%       0.05       0.15       0.05         0.24




egment
egment
     Italy   Other




     25%




                      Demographics of Market
                College          Professionals    Business   Exchange   Retirees

                                4%
                     4%
                                             6%

                                                                         43%


                          43%
                                       digaAmiga FORECASTED CAPTURED MARKET POTENTIA
            Year 1-Spain        Year 2-Spain/France                             Year 3-Spain/Hol/Czech/France                Year 4-Spain/Hol/Czech/France
            Spanish   TOTAL   Growth Spanish Holland    TOTAL                   Growth   Spanish Holland   French   TOTAL   Growth   Spanish   Holland
             Market           Rate    Market   Market                            Rate    Market   Market   Market            Rate     Market   Market
Europeans 0.23        0.23            0.24     0.61     0.85                             0.26     0.65     0.89     1.79              0.28     0.66
 Germans     0.08     0.08     5%     0.09     0.19     0.28                     7%      0.09     0.21     0.38     0.68     9%       0.10     0.21
 Britons     0.10     0.10     5%     0.10     0.20     0.31                     7%      0.11     0.22     0.22     0.55     9%       0.12     0.22
 Spanish     0.00     0.00     5%     0.00     0.05     0.05                     7%      0.00     0.05     0.09     0.14     9%       0.00     0.06
 French      0.04     0.04     5%     0.04     0.08     0.12                     7%      0.04     0.09     0.00     0.13     9%       0.04     0.09
 Netherlands0.01      0.01     5%     0.01     0.04     0.05                     7%      0.01     0.04     0.13     0.18     9%       0.01     0.04
 Italy       0.00     0.00     5%     0.00     0.03     0.04                     7%      0.00     0.04     0.06     0.10     9%       0.00     0.04
Americans 0.05        0.05     5%     0.05     0.30     0.35                     7%      0.05     0.32     0.56     0.93     9%       0.06     0.32
Other     0.07        0.07     5%     0.07     0.32     0.40                     7%      0.08     0.34     0.45     0.87     9%       0.09     0.35
TOTAL                 0.34                              1.59                                                        3.59
Segment:
College      0.15     0.15     5%     0.16     0.53     0.68                     7%      0.17     0.56     0.82     1.55     9%       0.18     0.57
Professionals 0.15    0.15     5%     0.16     0.53     0.68                     7%      0.17     0.56     0.82     1.55     9%       0.18     0.57
Business     0.01     0.01     5%     0.01     0.05     0.06                     7%      0.02     0.05     0.08     0.14     9%       0.02     0.05
Exchange     0.01     0.01     5%     0.01     0.05     0.06                     7%      0.02     0.05     0.08     0.14     9%       0.02     0.05
Retirees     0.02     0.02     5%     0.02     0.07     0.10                     7%      0.02     0.08     0.11     0.22     9%       0.03     0.08
TOTAL                 0.34                              1.59                                                        3.59


                                                                                                         Growth By Segment (in millions)
                                                                                                         Other           Americans              Europeans
                                                                                 6.00
                                                                                 5.00
                                                          digaAmiga Customers




                                                                                 4.00
                                                                                 3.00
                                                                                 2.00
                                                                                 1.00
                                                                                 0.00
                                                                                                   1                 2                 3
                                                                                                                                     Year
MARKET POTENTIAL                  (in millions)
 -Spain/Hol/Czech/France/Italy            Year 5-Spain//Hol/Czech/France/Italy
              French   Italian   TOTAL   Growth   Spanish   Holland   French   Italian   TOTAL
              Market   Market             Rate    Market    Market    Market   Market
              0.97     2.42      4.33             0.31      0.73      1.08     2.69      4.81
              0.42     0.86      1.59    11%      0.11      0.23      0.46     0.95      1.76
              0.24     0.98      1.57    11%      0.13      0.25      0.27     1.09      1.74
              0.10     0.38      0.53    11%      0.00      0.06      0.11     0.42      0.59
              0.00     0.00      0.13    11%      0.05      0.10      0.00     0.00      0.15
              0.14     0.14      0.33    11%      0.01      0.05      0.15     0.15      0.37
              0.07     0.07      0.18    11%      0.00      0.04      0.08     0.08      0.20
              0.61     0.83      1.82    11%      0.06      0.36      0.68     0.92      2.02
              0.49     0.80      1.72    11%      0.10      0.39      0.54     0.88      1.91
                                 7.87                                                    8.74

              0.89     1.74      3.39    11%      0.20      0.64      0.99     1.93      3.76
              0.89     1.74      3.39    11%      0.20      0.64      0.99     1.93      3.76
              0.08     0.16      0.31    11%      0.02      0.06      0.09     0.18      0.35
              0.08     0.16      0.31    11%      0.02      0.06      0.09     0.18      0.35
              0.12     0.24      0.47    11%      0.03      0.09      0.14     0.27      0.52
                                 7.87                                                    8.74


     (in millions)

       Europeans




                4                  5
          digaAmiga CAPTURED MARKET PER SERVICE Year 1 (in millions)
                TOTAL    %     LOCAL   %     LONG DISTANCE    %     TEXTING   %     HOTEL   %     INFO   %
Segment:
College         0.15    99%    0.15    95%       0.14        100%    0.15     25%   0.04    25%   0.04   15%
Professionals   0.15    90%    0.13    60%       0.09        75%     0.11     60%   0.09    70%   0.10   70%
Business        0.01    99%    0.01    90%       0.01        95%     0.01     50%   0.01    70%   0.01   40%
Study Abroad    0.01    100%   0.01    95%       0.01        100%    0.01     5%    0.00    10%   0.00   20%
Retirees        0.02    15%    0.00    40%       0.01        15%     0.00     80%   0.02    70%   0.01   70%
TOTALS          0.34           0.31              0.26                0.29           0.15          0.17
                                                    YEAR 2

                TOTAL    %     LOCAL   %     LONG DISTANCE    %     Texting   %     HOTEL   %     INFO   %
Segment:
College         0.68    99%    0.68    95%       0.65        100%    0.68     25%   0.17    25%   0.17   15%
Professionals   0.68    90%    0.61    60%       0.41        75%     0.51     60%   0.41    70%   0.48   70%
Business        0.06    99%    0.06    90%       0.06        95%     0.06     50%   0.03    70%   0.04   40%
Study Abroad    0.06    100%   0.06    95%       0.06        100%    0.06     5%    0.00    10%   0.01   20%
Retirees        0.10    15%    0.01    40%       0.04        15%     0.01     80%   0.08    70%   0.07   70%
TOTALS          1.59           1.43              1.21                1.33           0.69          0.77
                                                    YEAR 3

                TOTAL    %     LOCAL   %     LONG DISTANCE    %     Texting   %     HOTEL   %     INFO   %
Segment:
College         1.55    99%    1.53    95%       1.47        100%    1.55     25%   0.39    25%   0.39   15%
Professionals   1.55    90%    1.39    60%       0.93        75%     1.16     60%   0.93    70%   1.08   70%
Business        0.14    99%    0.14    90%       0.13        95%     0.14     50%   0.07    70%   0.10   40%
Study Abroad    0.14    100%   0.14    95%       0.14        100%    0.14     5%    0.01    10%   0.01   20%
Retirees        0.22    15%    0.03    40%       0.09        15%     0.03     80%   0.17    70%   0.15   70%
TOTALS          3.59           3.24              2.75                3.02           1.57          1.73
                                                    YEAR 4

                TOTAL    %     LOCAL   %     LONG DISTANCE    %     Texting   %     HOTEL   %     INFO   %
Segment:
College         3.39    99%    3.35    95%       3.22        100%    3.39     25%   0.85    25%   0.85   15%
Professionals   3.39    90%    3.05    60%       2.03        75%     2.54     60%   2.03    70%   2.37   70%
Business        0.31    99%    0.31    90%       0.28        95%     0.30     50%   0.16    70%   0.22   40%
Study Abroad    0.31    100%   0.31    95%       0.30        100%    0.31     5%    0.02    10%   0.03   20%
Retirees        0.47    15%    0.07    40%       0.19        15%     0.07     80%   0.38    70%   0.33   70%
TOTALS          7.87           7.10              6.02                6.61           3.43          3.80
                                                    YEAR 5
                TOTAL    %     LOCAL   %     LONG DISTANCE    %     Texting   %     HOTEL   %     INFO   %
Segment:
College         3.76    99%    3.72    95%       3.57        100%    3.76     25%   0.94    25%   0.94   15%
Professionals   3.76    90%    3.38    60%       2.25        75%     2.82     60%   2.25    70%   2.63   70%
Business        0.35    99%    0.35    90%       0.31        95%     0.33     50%   0.17    70%   0.24   40%
Study Abroad    0.35    100%   0.35    95%       0.33        100%    0.35     5%    0.02    10%   0.03   20%
Retirees        0.52    15%    0.08    40%       0.21        15%     0.08     80%   0.42    70%   0.37   70%
TOTALS          8.74           7.88              6.68                7.34           3.81          4.22
millions)

            EVENT
                              Services Demand
            0.02
            0.10
                    LOCAL   LONG DISTANCE    TEXTING   HOTEL     INFO      EVENT
            0.01
            0.00
            0.01
                                     11%
            0.15                                               23%
                      13%

                    11%
            EVENT                                                    20%
                                       22%
            0.10
            0.48
            0.03
            0.01
            0.07
            0.68



            EVENT

            0.23
            1.08
            0.06
            0.03
            0.15
            1.55



            EVENT

            0.51
            2.37
            0.13
            0.06
            0.33
            3.40
EVENT

0.56
2.63
0.14
0.07
0.37
3.77
                                                digaAmiga COST BREAKDOWN Year1
OVERHEAD:                                                              Assumptions
Labor Costs                                          number            salary/hr          hr/week
Airport Booth Employees                                        6   €            5.00                40
Downtown Booth Employees                                       6   €            5.00                40
Tech Support                                                   5   €           10.00                40
District/Office Manager                                        3
Sales Agent                                                    7   €           7.00                 40
Hotel Booking Agent                                            2   €           7.00                 40
Information Agent                                              2   €           7.00                 40
Event Agent                                                    2   €           7.00                 40
Total Labor Costs                                             33
Office Costs                                                           Assumptions
Number of kiosks                                               4
                                                                                       Weekly Costs
Government Fees (yearly)                         €       1,000                         €       19.23
2 Downtown Kiosk Rental Space (weekly)           €       4,000                         €       4,000
2 Airport Rental Space (weekly)                  €       6,000                         €       6,000
Kiosk Upkeep (weekly)                            €          30                         €         120
1 Offices (weekly)                               €         700                         €         700
Total Office Costs
Marketing Costs                                                        Assumptions
                                                                                       Weekly Costs
Marketing                                        €           -                         €            -
Marketing Research                               €     100,000                         €       1,923
Website Maintenance                              €       6,000                         €         115
Marketing Costs
Card Costs                                                             Assumptions
minutes per card                                            300
cost per minute                                  €        0.02
                                                               Captured Market   Weekly Costs
calling card cost (euros)                        €        7.00             5,065 €       3,545
Total Card Costs
Phone Costs                                                            Assumptions
Phone Cost                                       €       25.00
phone estimated life (months)                                 6
phone per minute rate                            €        0.12
texting cost per text                            €        0.15
Number of phones (% of total captured market)             100%
                                                               Captured Market   Weekly Costs
Phone Puchase Costs                              €       50.00             6,625 €       6,370
local calls (min/week per person)                         30             5,971   €   21,496
long distance averages (min/week per person)              30             5,065   €   18,233
texting (per week per person)                              5             5,562   €    4,171
Hotel booking (min/week per person)                        5             2,885   €    1,731
Information (min/week per person)                          5             3,197   €    1,918
Event booking (min/week per person)                        5             2,859   €    1,715
Total Phone Costs


                                               digaAmiga STARTUP COST BREAKDOWN
STARTUP COSTS:                                                     Assumptions
Services Added to Website                      €      15,000
Marketing Introduction                         €   2,000,000
Kiosk Purchases                                €      20,000   €      200,000
Office Supplies and Equipment                  €   6,000,000
Additional Sales                               €      50,000
Total Startup Costs
KDOWN Year1

                                    Costs
       wk/yr       Variable Costs            Fixed Costs
          48                             €            57,600
          48                             €            57,600
          48                             €            96,000
                                         €           150,000
          48                             €            94,080
          48 €                 26,789
          48 €                 29,911
          48 €                 26,366
             €                83,066     €          455,280
                                    Costs


       wk/yr       Variable Costs            Fixed Costs
          52                             €             1,000
          52                             €           208,000
          52                             €           312,000
          52                             €             6,240
          52                             €            36,400
               €                     -   €          527,240
                                    Costs
       wk/yr       Variable Costs            Fixed Costs
          52                             €                 -
          52                             €           100,000
          52                             €             6,000
               €                     -   €          106,000
                                    Costs



       wk/yr       Variable Costs            Fixed Costs
          52 €                184,359
             €               184,359     €                 -
                                    Costs




       wk/yr       Variable Costs            Fixed Costs
          52                             €           331,250
           52   €            1,117,792
           52   €              948,133
           52   €              216,906
           52   €               90,018
           52   €               99,733
           52   €               89,191
                €           2,561,773    €        331,250


REAKDOWN

                                         €          15,000
                                         €       2,000,000
                                         €         200,000
                                         €       6,000,000
                                         €          50,000
                                         €   8,265,000.00    0

                    Total Variable Costs €   2,829,197.89
                      Total Fixed Costs €    1,419,770.00
                     Total Startup Costs €   8,265,000.00
                                                digaAmiga COST BREAKDOWN Year 2
OVERHEAD:                                                                Assumptions
Labor Costs                                          number            salary/hr          hr/week        wk/yr
Airport Booth Employees                                       12   €            5.00                40      48
Downtown Booth Employees                                      12   €            5.00                40      48
Tech Support                                                   8   €           10.00                40      48
Sales Agent                                                   10   €            7.00                40      48
District/Office Managers                                       5
Hotel Booking Agent                                            6   €           7.00                 40      48
Information Agent                                              7   €           7.00                 40      48
Event Agent                                                    5   €           7.00                 40      48
Total Labor Costs                                             65
Office Costs                                                             Assumptions
Number of kiosks                                               8
                                                                                       Weekly Costs  wk/yr
Government Fees (yearly)                         €      1,000                          €       19.23    52
Spain Downtown Kiosk Rental Space (weekly)       €      4,000                          €       4,000    52
A/P Downtown Kiosk Rental Space (weekly)         €      4,000                          €       4,000    52
Spain Airport Rental Space (weekly)              €      6,000                          €       6,000    52
A/P Airport Rental Space (weekly)                €      8,000                          €       8,000    52
Kiosk Upkeep (weekly)                            €         30                          €         240    52
2 Offices (weekly)                               €      1,400                          €       1,400    52
Total Office Costs
Marketing Costs                                                          Assumptions
                                                                                       Weekly Costs   wk/yr
Marketing                                        € 2,000,000                           €      38,462     52
Marketing Research                               €     5,000                           €           96    52
Website Maintenance                              €     3,000                           €           58    52
Marketing Costs
Card Costs                                                               Assumptions
minutes per card                                           300
cost per minute                                  €       0.02
                                                                   Captured Market   Weekly Costs  wk/yr
calling card cost (euros)                        €       7.00                 23,313 €      16,319    52
Total Card Costs
Phone Costs                                                              Assumptions
Phone Cost                                       €      25.00
phone estimated life (months)                                6
phone per minute rate                            €       0.12
texting cost per text                            €       0.15
Number of phones (% of total captured market)            100%
                                                            Captured Market     Weekly   Costs  wk/yr
Phone Puchase Costs                            €   50.00               30,495   €        29,322    52
local calls (min/week per person)                      30              27,485   €        98,946    52
long distance averages (min/week per person)           30              23,313   €        83,928    52
texting (per week per person)                           5              25,600   €        19,200    52
Hotel booking (min/week per person)                     5              13,280   €         7,968    52
Information (min/week per person)                       5              14,714   €         8,828    52
Event booking (min/week per person)                     5              13,158   €         7,895    52
Total Phone Costs
WN Year 2

                             Costs
            Variable Costs           Fixed Costs
                                 €            115,200
                                 €            115,200
                                 €            153,600
                                 €            134,400
                                 €            250,000
        €              74,887
        €              89,254
        €              72,938
        €            237,079     €           768,400
                             Costs


            Variable Costs           Fixed Costs
                                 €              1,000
                                 €            208,000
                                 €            208,000
                                 €            312,000
                                 €            416,000
                                 €             12,480
                                 €             72,800
        €                    -   €         1,157,480
                             Costs
            Variable Costs           Fixed Costs
                                 €          2,000,000
                                 €               5,000
                                 €               3,000
        €                    -   €         2,008,000
                             Costs



            Variable Costs           Fixed Costs
        €              848,601
        €             848,601    €                   -
                             Costs
     Variable Costs          Fixed Costs
                         €          1,524,736
€            5,145,170
€            4,364,232
€              998,412
€              414,350
€              459,067
€              410,544
€          11,791,776    €        1,524,736

    Total Variable Costs €    12,877,456.10
      Total Fixed Costs €      5,458,615.58
                                             digaAmiga COST BREAKDOWN Year 3
OVERHEAD:                                                            Assumptions
Labor Costs                                       number            salary/hr          hr/week        wk/yr
Airport Booth Employees                                    15   €            5.00                40      48
Downtown Booth Employees                                   15   €            5.00                40      48
Tech Support                                               10   €           10.00                40      48
Sales Agent                                                13   €            7.00                40      48
District/Office Managers                                    9
Hotel Booking Agent                                        11   €           7.00                 40      48
Information Agent                                          14   €           7.00                 40      48
Event Agent                                                11   €           7.00                 40      48
Total Labor Costs                                          98
Office Costs                                                         Assumptions
Number of kiosks                                           10
                                                                                    Weekly Costs  wk/yr
Government Fees (yearly)                      €       1,000                         €       19.23    52
Spain Downtown Kiosk Rental Space (weekly)    €       4,000                         €       4,000    52
Louve Kiosk Rental Space (weekly)             €       3,000                         €       3,000    52
Spain Airport Rental Space (weekly)           €       6,000                         €       6,000    52
Paris Airport Rental Space (weekly)           €       4,000                         €       4,000    52
Amsterdam/Prague Airport Rental Space         €       6,000                         €       6,000    52
Amsterdam/Prague Airport Rental Space         €       6,000                         €       6,000    52
Kiosk Upkeep (weekly)                         €          30                         €         300    52
3 Offices (weekly)                            €       2,100                         €       2,100    52
Total Office Costs
Marketing Costs                                                      Assumptions
                                                                                    Weekly Costs   wk/yr
Marketing                                     €      50,000                         €         962     52
Marketing Research                            €       5,000                         €           96    52
Website Maintenance                           €       3,000                         €           58    52
Marketing Costs
Card Costs                                                           Assumptions
minutes per card                                         300
cost per minute                               €        0.02
                                                                Captured Market   Weekly Costs  wk/yr
calling card cost (euros)                     €        7.00                52,844 €      36,990    52
Total Card Costs
Phone Costs                                                          Assumptions
Phone Cost                                    €       25.00
phone estimated life (months)                              6
phone per minute rate                         €        0.12
texting cost per text                           €    0.15
Number of phones (% of total captured market)        100%
                                                             Captured Market     Weekly Costs  wk/yr
Phone Puchase Costs                             €   50.00               69,122   €      66,463    52
local calls (min/week per person)                       30              62,299   €     224,278    52
long distance averages (min/week per person)            30              52,844   €     190,237    52
texting (per week per person)                            5              58,028   €      43,521    52
Hotel booking (min/week per person)                      5              30,102   €      18,061    52
Information (min/week per person)                        5              33,351   €      20,011    52
Event booking (min/week per person)                      5              29,826   €      17,896    52
Total Phone Costs
WN Year 3

                             Costs
            Variable Costs           Fixed Costs
                                 €            144,000
                                 €            144,000
                                 €            192,000
                                 €            174,720
                                 €            450,000
        €             152,719
        €             185,286
        €             148,304
        €            486,309     €         1,104,720
                             Costs


            Variable Costs           Fixed Costs
                                 €              1,000
                                 €            208,000
                                 €            156,000
                                 €            312,000
                                 €            208,000
                                 €            312,000
                                 €            312,000
                                 €             15,600
                                 €            109,200
        €                    -   €         1,524,600
                             Costs
            Variable Costs           Fixed Costs
                                 €             50,000
                                 €               5,000
                                 €               3,000
        €                    -   €            58,000
                             Costs



            Variable Costs           Fixed Costs
        €            1,923,503
        €           1,923,503    €                   -
                             Costs
     Variable Costs          Fixed Costs
                         €          3,456,082
€           11,662,437
€            9,892,303
€            2,263,077
€              939,197
€            1,040,557
€              930,571
€          26,728,143    €        3,456,082

    Total Variable Costs €    29,137,955.99
      Total Fixed Costs €      6,143,402.45
                                             digaAmiga COST BREAKDOWN Year 4
OVERHEAD:                                                             Assumptions
Labor Costs                                       number            salary/hr          hr/week        wk/yr
Airport Booth Employees                                 21      €            5.00                40      48
Downtown Booth Employees                                21      €            5.00                40      48
Tech Support                                            12      €           10.00                40      48
Sales Agent                                             15      €            7.00                40      48
District/Office Managers                                13
Hotel Booking Agent                                     25      €           7.00                 40      48
Information Agent                                       30      €           7.00                 40      48
Event Agent                                             24      €           7.00                 40      48
Total Labor Costs                                      161
Office Costs                                                          Assumptions
Number of kiosks                                           14
                                                                                    Weekly Costs  wk/yr
Government Fees (yearly)                      €      1,000                          €       19.23    52
Spain Downtown Kiosk Rental Space (weekly)    €      4,000                          €       4,000    52
Louve Kiosk Rental Space (weekly)             €      3,000                          €       3,000    52
Spain Airport Rental Space (weekly)           €      6,000                          €       6,000    52
Paris Airport Rental Space (weekly)           €      4,000                          €       4,000    52
Amsterdam/Prague Airport Rental Space         €      6,000                          €       6,000    52
Amsterdam/Prague Downtown Rental Space        €      6,000                          €       6,000    52
Italy Airport Rental Space                    €      6,000                          €       6,000    52
Italy Downtown Rental Space                   €      6,000                          €       6,000    52
Kiosk Upkeep (weekly)                         €         30                          €         420    52
4 Offices (weekly)                            €      2,800                          €       2,800    52
Total Office Costs
Marketing Costs                                                       Assumptions
                                                                                    Weekly Costs   wk/yr
Marketing                                     €     50,000                          €         962     52
Marketing Research                            €      5,000                          €           96    52
Website Maintenance                           €      3,000                          €           58    52
Marketing Costs
Card Costs                                                            Assumptions
minutes per card                                        300
cost per minute                               €       0.02
                                                           Captured Market   Weekly Costs  wk/yr
calling card cost (euros)                     €       7.00           115,760 €      81,032    52
Total Card Costs
Phone Costs                                                           Assumptions
Phone Cost                                    €      25.00
phone estimated life (months)                            6
phone per minute rate                           €    0.12
texting cost per text                           €    0.15
Number of phones (% of total captured market)        100%
                                                             Captured Market     Weekly Costs  wk/yr
Phone Puchase Costs                             €   50.00              151,420   €     145,596    52
local calls (min/week per person)                       30             136,475   €     491,308    52
long distance averages (min/week per person)            30             115,760   €     416,737    52
texting (per week per person)                            5             127,117   €      95,338    52
Hotel booking (min/week per person)                      5              65,943   €      39,566    52
Information (min/week per person)                        5              73,060   €      43,836    52
Event booking (min/week per person)                      5              65,338   €      39,203    52
Total Phone Costs
WN Year 4

                             Costs
            Variable Costs           Fixed Costs
                                 €            201,600
                                 €            201,600
                                 €            230,400
                                 €            201,600
                                 €            650,000
        €             331,989
        €             403,331
        €             322,316
        €          1,057,636     €         1,485,200
                             Costs


            Variable Costs           Fixed Costs
                                 €              1,000
                                 €            208,000
                                 €            156,000
                                 €            312,000
                                 €            208,000
                                 €            312,000
                                 €            312,000
                                 €            312,000
                                 €            312,000
                                 €             21,840
                                 €            145,600
        €                    -   €         2,154,840
                             Costs
            Variable Costs           Fixed Costs
                                 €             50,000
                                 €               5,000
                                 €               3,000
        €                    -   €            58,000
                             Costs



            Variable Costs           Fixed Costs
        €            4,213,677
        €           4,213,677    €                   -
                             Costs
     Variable Costs          Fixed Costs
                         €          7,570,984
€           25,548,039
€           21,670,338
€            4,957,556
€            2,057,430
€            2,279,472
€            2,038,533
€          58,551,368    €        7,570,984


    Total Variable Costs €    63,822,681.39
      Total Fixed Costs €     11,269,024.49
                                             digaAmiga COST BREAKDOWN Year 5
OVERHEAD:                                                           Assumptions
Labor Costs                                      number             salary/hr          hr/week
Airport Booth Employees                                    18   €            5.00                40
Downtown Booth Employees                                   16   €            5.00                40
Tech Support                                               12   €           10.00                40
Sales Agent                                                15   €            7.00                40
District/Sales Managers                                    13
Hotel Booking Agent                                        27   €           7.00                 40
Information Agent                                          33   €           7.00                 40
Event Agent                                                26   €           7.00                 40
Total Labor Costs                                         161
Office Costs                                                        Assumptions
Number of kiosks                                           14
                                                                                    Weekly Costs
Government Fees (yearly)                     €       1,000                          €       19.23
Spain Downtown Kiosk Rental Space (weekly)   €       4,000                          €       4,000
Louve Kiosk Rental Space (weekly)            €       3,000                          €       3,000
Spain Airport Rental Space (weekly)          €       6,000                          €       6,000
Paris Airport Rental Space (weekly)          €       4,000                          €       4,000
Amsterdam/Prague Airport Rental Space        €       6,000                          €       6,000
Amsterdam/Prague Downtown Rental Space       €       6,000                          €       6,000
Italy Airport Rental Space                   €       6,000                          €       6,000
Italy Downtown Rental Space                  €       6,000                          €       6,000
Kiosk Upkeep (weekly)                        €          30                          €         420
4 Offices (weekly)                           €       2,800                          €       2,800
Total Office Costs
Marketing Costs                                                     Assumptions
                                                                                    Weekly Costs
Marketing                                    €    2,000,000                         €      38,462
Marketing Research                           €        5,000                         €           96
Website Maintenance                          €        3,000                         €           58
Marketing Costs
Card Costs                                                          Assumptions
minutes per card                                         300
cost per minute                              €         0.02
                                                            Captured Market   Weekly Costs
calling card cost (euros)                    €         7.00           128,494 €      89,946
Total Card Costs
Phone Costs                                                         Assumptions
Phone Cost                                   €       25.00
phone estimated life (months)                            6
phone per minute rate                           €    0.12
texting cost per text                           €    0.15
Number of phones (% of total captured market)        100%
                                                             Captured Market     Weekly Costs
Phone Puchase Costs                             €   50.00              168,076   €     161,611
local calls (min/week per person)                       30             151,487   €     545,352
long distance averages (min/week per person)            30             128,494   €     462,578
texting (per week per person)                            5             141,100   €     105,825
Hotel booking (min/week per person)                      5              73,197   €      43,918
Information (min/week per person)                        5              81,097   €      48,658
Event booking (min/week per person)                      5              72,525   €      43,515
Total Phone Costs
KDOWN Year 5

                                    Costs
       wk/yr       Variable Costs           Fixed Costs
          48                            €            172,800
          48                            €            153,600
          48                            €            230,400
          48                            €            201,600
                                        €            650,000
          48 €               365,551
          48 €               444,740
          48 €               354,814
             €            1,165,106     €         1,408,400
                                    Costs


       wk/yr       Variable Costs           Fixed Costs
          52                            €              1,000
          52                            €            208,000
          52                            €            156,000
          52                            €            312,000
          52                            €            208,000
          52                            €            312,000
          52                            €            312,000
          52                            €            312,000
          52                            €            312,000
          52                            €             21,840
          52                            €            145,600
               €                    -   €         2,154,840
                                    Costs
       wk/yr       Variable Costs           Fixed Costs
          52                            €          2,000,000
          52                            €               5,000
          52                            €               3,000
               €                    -   €         2,008,000
                                    Costs



       wk/yr       Variable Costs           Fixed Costs
          52 €              4,677,181
             €             4,677,181    €                   -
                                    Costs
wk/yr        Variable Costs          Fixed Costs
   52                            €          8,403,793
   52   €           28,358,323
   52   €           24,054,075
   52   €            5,502,888
   52   €            2,283,747
   52   €            2,530,214
   52   €            2,262,772
        €          64,992,019    €        8,403,793

            Total Variable Costs €    70,834,305.95
              Total Fixed Costs €     13,975,032.78
                   digaAmiga TOTAL COSTS (in thousands)
COST ESTIMATES               YEAR 1           YEAR 2           YEAR 3           YEAR 4           YEAR 5
Overhead
Labor                    €       538      €      1,005     €      1,591     €      2,543     €      2,574
Calling Card             €       184      €       849      €      1,924     €      4,214     €      4,677
Phones                   €      2,893     €     13,317     €     30,184     €     66,122     €     73,396
Office                   €       527      €      1,157     €      1,525     €      2,155     €      2,155
Overhead Total           €     4,143      € 16,328         € 35,223         € 75,034         € 82,801
SG&A
Marketing                €            -   €      2,000     €        50      €        50      €      2,000
Marketing Research       €       100      €            5   €            5   €            5   €            5
Website Maintenance      €            6   €            3   €      3,000     €            3   €            3
SG&A Total               €      106       €     2,008      €     3,055      €       58       €     2,008
Start Up Costs
Technology Support       €        15      €            -   €            -   €            -   €            -
Marketing Introduction   €      2,000     €            -   €            -   €            -   €            -
Purchases                €       200      €            -   €            -   €            -   €            -
Office Supplies/Equip    €      6,000     €            -   €            -   €            -   €            -
Additional Sales         €        50      €            -   €            -   €            -   €            -
Start Up Total           €     8,265      €            -   €            -   €            -   €            -
 GRAND TOTAL             € 12,514         € 18,336         € 38,278         € 75,092         € 84,809
                                                                             digaAmiga # of Emplo
                                                  YEAR 1                       YEAR 2

                                         HOTEL     INFO    EVENT    HOTEL       INFO
# minutes worked/day/employee             480      480      480      480         480
# shifts worked per day                    3        3        3        3           3
Week worked per year                      48        48      48       48           48
# people calling per year                150030   166221   148652   690583      765112
% people using each service               44%      49%      43%      44%         49%
Total Call-Minutes per year (in 000's)   17,163   21,177   16,619   79,003      97,475
# minutes worked per year (in 000's)     345600   345600   345600   345600      345600
% received calls                          2%        2%      2%       2%          2%
Calculated Employees                       1        1        1        5           6
Floating Employees                         1        1        1        1           1
Sub total employees per category           2        2        2        6           7
Total Employees Per Year                                     6
igaAmiga # of Employees Needed
YEAR 2                      YEAR 3                        YEAR 4                        YEAR 5

         EVENT    HOTEL      INFO     EVENT     HOTEL      INFO     EVENT     HOTEL
          480      480        480      480       480       480       480       480
           3        3          3        3         3         3         3         3
          48        48        48        48        48        48        48        48
         684240   1565329   1734262   1550952   3429050   3799120   3397555   3806246
          43%      44%        49%      43%       44%       49%       43%       44%
         76,498   179,074   220,945   173,396   392,283   484,008   379,847   435,435
         345600   345600     345600   345600    345600    345600    345600    345600
          2%        2%        2%        2%        2%        2%        2%        2%
           4        10        13        10        23        28        22        25
           1        1          1        1         2         2         2         2
           5        11        14        11        25        30        24        27
          18                            36                            79
YEAR 5

 INFO     EVENT
 480       480
  3         3
  48        48
4217023   3771286
 49%       43%
537,249   421,630
345600    345600
  2%        2%
  31        24
  2         2
  33        26
            87
                    digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                     Year 1
                                                       Total
                       LOCAL    LONG DIST   TEXTING    Phone    HOTEL       INFO    EVENT
Premium (Cents)        € 0.07     € 0.10     € 0.10             -€ 0.10   -€ 0.10   -€ 0.10
% markup                  -          -          -                   -         -         -
Price (Cents/Min)      € 0.19     € 0.24     € 0.25              € 0.20    € 0.20    € 0.20
Revenue                € 1.77     € 1.92     € 0.36     4.05     € 0.15    € 0.17    € 0.15
Variable Cost          € 1.12     € 1.13     € 0.22     2.47     € 0.12    € 0.13    € 0.12
CM                      0.65       0.79       0.14                0.03      0.04      0.03
CM %                   36.8%      41.1%      40.0%                0.22      0.22      0.21
Fixed Cost             € 0.24     € 0.24     € 0.24     0.71     € 0.24    € 0.24    € 0.24
Startup Costs          € 1.38     € 1.38     € 1.38     4.13     € 1.38    € 1.38    € 1.38
Estimated Earnings     -0.96      -0.82      -1.47      -3.26   -1.58     -1.58     -1.58
% TOTAL                 20%       17%         31%                33%       33%       33%
millions)

             Total Running
            Service TOTAL




             0.46   4.52
             0.36   2.83



             0.71   1.42
             4.13   8.27
            -4.74   -8.00
                     digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                     Year 2
                                                      Total
                       LOCAL    LONG DIST   TEXTING   Phone    HOTEL       INFO    EVENT
Premium (Cents)        € 0.07     € 0.11     € 0.10            -€ 0.03   -€ 0.04   -€ 0.03
% markup                  -          -          -                  -         -         -
Price (Cents/Min)      € 0.19     € 0.25     € 0.25             € 0.20    € 0.20    € 0.20
Revenue                € 8.15     € 9.21     € 1.66    19.02    € 0.69    € 0.75    € 0.67
Variable Cost          € 5.15     € 5.21     € 1.00    11.36    € 0.49    € 0.55    € 0.48
CM                      3.00       4.00       0.67               0.20      0.20      0.19
CM %                   36.8%      43.4%      40.0%               0.29      0.27      0.28
Fixed Cost             € 0.91     € 0.91     € 0.91    2.73     € 0.91    € 0.91    € 0.91
Startup Costs          € 0.00     € 0.00     € 0.00    0.00     € 0.00    € 0.00    € 0.00
Estimated Earnings      2.09      3.09       -0.24     4.94    -0.71     -0.71     -0.72
% TOTAL                 -98%      -144%       11%               33%       33%       34%
millions)

             Total
            Service   TOTAL




             2.11     21.13
             1.52     12.88



             2.73     5.46
             0.00     0.00
             -2.14    2.80
                    digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                    Year 3
                                                      Total
                      LOCAL     LONG DIST   TEXTING   Phone   HOTEL       INFO    EVENT
Premium (Cents)        € 0.07     € 0.11     € 0.10           -€ 0.02   -€ 0.03   -€ 0.02
% markup                  -          -          -                 -         -         -
Price (Cents/Min)      € 0.19     € 0.25     € 0.25            € 0.20    € 0.20    € 0.20
Revenue               € 18.47    € 20.88     € 3.77   43.12    € 1.55    € 1.71    € 1.52
Variable Cost         € 11.66    € 11.82     € 2.26   25.74    € 1.09    € 1.23    € 1.08
CM                      6.80       9.07       1.51              0.45      0.48      0.44
CM %                   36.8%      43.4%      40.0%              0.29      0.28      0.29
Fixed Cost             € 1.02     € 1.02     € 1.02    3.07    € 1.02    € 1.02    € 1.02
Startup Costs          € 0.00     € 0.00     € 0.00    0.00    € 0.00    € 0.00    € 0.00
Estimated Earnings     5.78       8.04       0.48     14.31   -0.57     -0.54     -0.59
% TOTAL                -340%      -474%      -29%              34%       32%       34%
millions)

             Total
            Service   TOTAL




             4.77     47.89
             3.40     29.14



             3.07     6.14
             0.00     0.00
             -1.70    12.61
                    digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                    Year 4
                                                      Total
                      LOCAL     LONG DIST   TEXTING   Phone   HOTEL       INFO    EVENT
Premium (Cents)        € 0.07     € 0.11     € 0.10           -€ 0.02   -€ 0.03   -€ 0.01
% markup                  -          -          -                 -         -         -
Price (Cents/Min)      € 0.19     € 0.25     € 0.25            € 0.20    € 0.20    € 0.20
Revenue               € 40.45    € 45.75     € 8.26   94.46    € 3.37    € 3.73    € 3.48
Variable Cost         € 25.55    € 25.88     € 4.96   56.39    € 2.39    € 2.68    € 2.36
CM                     14.90      19.86       3.31              0.99      1.04      1.12
CM %                   36.8%      43.4%      40.0%              0.29      0.28      0.32
Fixed Cost             € 1.88     € 1.88     € 1.88    5.63    € 1.88    € 1.88    € 1.88
Startup Costs          € 0.00     € 0.00     € 0.00    0.00    € 0.00    € 0.00    € 0.00
Estimated Earnings     13.02      17.99      1.43     32.44   -0.89     -0.83     -0.76
% TOTAL                -524%      -723%      -57%              36%       34%       31%
millions)

             Total
            Service   TOTAL




            10.58     105.04
             7.43      63.82



             5.63     11.27
             0.00      0.00
             -2.49    29.95
                    digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                    Year 5
                                                      Total
                      LOCAL     LONG DIST   TEXTING   Phone    HOTEL       INFO    EVENT
Premium (Cents)        € 0.07     € 0.11     € 0.10            -€ 0.02   -€ 0.03   -€ 0.01
% markup                  -          -          -                  -         -         -
Price (Cents/Min)      € 0.19     € 0.25     € 0.25             € 0.20    € 0.20    € 0.20
Revenue               € 44.90    € 50.78     € 9.17   104.85    € 3.73    € 4.12    € 3.85
Variable Cost         € 28.36    € 28.73     € 5.50    62.59    € 2.65    € 2.97    € 2.62
CM                     16.54      22.05       3.67               1.08      1.15      1.23
CM %                   36.8%      43.4%      40.0%               0.29      0.28      0.32
Fixed Cost             € 2.33     € 2.33     € 2.33    6.99     € 2.33    € 2.33    € 2.33
Startup Costs          € 0.00     € 0.00     € 0.00    0.00     € 0.00    € 0.00    € 0.00
Estimated Earnings     14.21      19.72      1.34     35.27    -1.25     -1.18     -1.10
% TOTAL                -403%      -559%      -38%               35%       34%       31%
millions)

             Total
            Service   TOTAL




            11.70     116.55
             8.24      70.83



             6.99     13.98
             0.00      0.00
             -3.53    31.74
          digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                       Year 5
                                                                             Total       Total
       LOCAL LONG DIST TEXTING               HOTEL      INFO      EVENT      Phone      Service
2003       €0      €1        €0                  €0         €0         €0        €1          -€ 1
2004       €2      €3        €0                 -€ 1       -€ 1       -€ 1       €4          -€ 3
2005       €5      €7        €0                 -€ 1       -€ 1       -€ 1      € 12         -€ 4
2006      € 11    € 16       €0                 -€ 3       -€ 3       -€ 3      € 27         -€ 8
2007      € 12    € 18      -€ 1                -€ 3       -€ 3       -€ 3      € 29         -€ 9




                                                          Net Earnings Breakdown
                                     € 18

                                     € 16

                                     € 14                                                   25%
                                     € 12
                                                                                            75%
                          Millions




                                     € 10

                                      €8

                                      €6

                                      €4

                                      €2

                                      €0
                                            2003        2004        2005         2006             2007
NG (millions)


               TOTAL           phone               service
                   €0            248%                -413%   -68%     -139%      -136%      -139%     -647%
                   €2            113%                -159%   -25%      -53%       -53%       -53%     -230%
                   €8             63%                 -51%    -4%      -17%       -17%       -17%      -43%
                  € 19            59%                 -42%    -2%      -14%       -14%       -14%      -28%
                  € 20            61%                 -47%    -3%      -16%       -16%       -15%      -36%



                                                                    Net Earnings By Category
                                            € 32
                                            € 30
                                            € 28
                                            € 26                                                    33%
                                            € 24                                                             Service
      25%                                   € 22
                                            € 20                                                              EVENT
                                                                                                    54%
                                 Millions




                                            € 18
                 Total Service                                                                                INFO
                                            € 16
                                            € 14                                                              HOTEL
                 Total Phone
                                            € 12
                                                                                                              TEXTING
                                            € 10
                                             €8                                                               LONG DIST
                                             €6                                                     22%
                                                                                                              LOCAL
                                             €4
                                             €2
                                             €0
                                                                                                              Phone
                                                   2003      2004         2005           2006         2007
        2007
                      digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                          Year 1
                                                           Total
                      LOCAL      LONG DIST    TEXTING      Phone       HOTEL        INFO
Premium (Cents)      € 0.02000    € 0.01000   € 0.07000               € 0.00000   € 0.00000
% markup                  -            -           -                       -           -
Price (Cents/Min)    € 0.19000    € 0.24333   € 0.25000               € 0.19856   € 0.19994
Revenue              € 1.76984    € 1.92260   € 0.36151   € 4.05395   € 0.14895   € 0.16618
Variable Cost        € 1.11779    € 1.13249   € 0.21691   € 2.46719   € 0.11681   € 0.12964
CM                   € 0.65205    € 0.79011   € 0.14460               € 0.03214   € 0.03653
CM %                 € 0.36842    € 0.41096   € 0.40000               € 0.21579   € 0.21984
Fixed Cost           € 0.23663    € 0.23663   € 0.23663   € 0.70989   € 0.23663   € 0.23663
depreciation         € 0.00333    € 0.00333   € 0.00333               € 0.00333   € 0.00333
taxes                € 0.01440    € 0.01440   € 0.01440               € 0.01440   € 0.01440
interest income      € 0.00000    € 0.00000   € 0.00000               € 0.00000   € 0.00000
Estimated Earnings   € 0.39769   € 0.53575    -€ 0.10975 € 0.82368 -€ 0.22222 -€ 0.21783
FERING (millions)

                        Total     Running
            EVENT      Service     TOTAL
          € 0.00000
               -
          € 0.19737
          € 0.14670   € 0.46182   € 4.51577
          € 0.11556   € 0.36201   € 2.82920
          € 0.03114   € 0.09981   € 1.68657
          € 0.21227   € 0.21613   € 0.37349
          € 0.23663   € 0.70989   € 1.41977
          € 0.00333
          € 0.01440
          € 0.00000
         -€ 0.22322 -€ 0.66326 € 0.16042
                      digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                           Year 2
                                                           Total
                      LOCAL      LONG DIST    TEXTING      Phone       HOTEL         INFO
Premium (Cents)        € 0.03       € 0.06      € 0.10                  € 0.57      € 0.06
% markup                  -            -           -                       -           -
Price (Cents/Min)      € 0.19       € 0.25      € 0.25                  € 0.20      € 0.20
Revenue                € 8.15       € 9.21      € 1.66      19.02       € 0.69      € 0.75
Variable Cost          € 5.15       € 5.21      € 1.00      11.36       € 0.49      € 0.55
CM                      3.00         4.00        0.67        7.67        0.20        0.20
CM %                   36.8%        43.4%       40.0%        0.40        0.29        0.27
Fixed Cost             € 0.91       € 0.91      € 0.91       2.73       € 0.91      € 0.91
Startup Costs          € 0.00       € 0.00      € 0.00       0.00       € 0.00      € 0.00
depreciation         € 0.00333    € 0.00333   € 0.00333   € 0.01000   € 0.00333   € 0.00333
taxes                € 0.16686    € 0.16686   € 0.16686   € 0.50059   € 0.16686   € 0.16686
interest income      € 0.01376    € 0.01376   € 0.01376   € 0.04128   € 0.01376   € 0.01376
Estimated Earnings   € 1.90762 € 2.90682 -€ 0.42812 € 4.38632 -€ 0.89777 -€ 0.88973
FFERING (millions)

                       Total
            EVENT     Service   TOTAL
            € 0.07
               -
            € 0.20
            € 0.67     2.11      21.13
            € 0.48     1.52      12.88
             0.19      0.59       8.26
             0.28      0.28       0.39
            € 0.91     2.73     5.4586
            € 0.00     0.00       0.00
          € 0.00333    0.01       0.02
          € 0.16686    0.50       1.00
          € 0.01376    0.04       0.08
         -€ 0.90461 -€ 2.69211 € 1.69421
                     digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                          Year 3
                                                          Total
                      LOCAL      LONG DIST    TEXTING     Phone     HOTEL         INFO
Premium (Cents)        € 0.03       € 0.06      € 0.10               € 0.38      € 0.07
% markup                  -            -           -                    -           -
Price (Cents/Min)      € 0.19       € 0.25      € 0.25               € 0.20      € 0.20
Revenue               € 18.47      € 20.88      € 3.77     43.12     € 1.55      € 1.71
Variable Cost         € 11.66      € 11.82      € 2.26     25.74     € 1.09      € 1.23
CM                      6.80         9.07        1.51                 0.45        0.48
CM %                   36.8%        43.4%       40.0%                 0.29        0.28
Fixed Cost             € 1.02       € 1.02      € 1.02     3.07      € 1.02      € 1.02
Startup Costs          € 0.00       € 0.00      € 0.00     0.00      € 0.00      € 0.00
depreciation         € 0.00333    € 0.00333   € 0.00333            € 0.00333   € 0.00333
taxes                € 0.74535    € 0.74535   € 0.74535            € 0.74535   € 0.74535
interest income      € 0.03126    € 0.03126   € 0.03126            € 0.03126   € 0.03126
Estimated Earnings   € 4.99925 € 7.26411 -€ 0.29512 ######## -€ 1.34949 -€ 1.32283
FERING (millions)

                      Total
           EVENT     Service   TOTAL
           € 0.08
              -
           € 0.20
           € 1.52     4.77     47.89
           € 1.08     3.40     29.14
            0.44
            0.29
           € 1.02     3.07      6.14
           € 0.00     0.00      0.00
         € 0.00333
         € 0.74535
         € 0.03126
         -€ 1.36571 ######## € 7.93021
                       digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                          Year 4
                                                          Total
                      LOCAL      LONG DIST    TEXTING     Phone     HOTEL         INFO
Premium (Cents)        € 0.03       € 0.06      € 0.10               € 0.39      € 0.08
% markup                  -            -           -                    -           -
Price (Cents/Min)      € 0.19       € 0.25      € 0.25               € 0.20      € 0.20
Revenue               € 40.45      € 45.75      € 8.26     94.46     € 3.37      € 3.73
Variable Cost         € 25.55      € 25.88      € 4.96     56.39     € 2.39      € 2.68
CM                     14.90        19.86        3.31                 0.99        1.04
CM %                   36.8%        43.4%       40.0%                 0.29        0.28
Fixed Cost             € 1.88       € 1.88      € 1.88     5.63      € 1.88      € 1.88
Startup Costs          € 0.00       € 0.00      € 0.00     0.00      € 0.00      € 0.00
depreciation         € 0.00333    € 0.00333   € 0.00333            € 0.00333   € 0.00333
taxes                € 1.77004    € 1.77004   € 1.77004            € 1.77004   € 1.77004
interest income      € 0.06870    € 0.06870   € 0.06870            € 0.06870   € 0.06870
Estimated Earnings   € 11.18277 € 16.14423 -€ 0.41521 € 26.91179 -€ 2.73520 -€ 2.67679
FERING (millions)

                       Total
            EVENT     Service     TOTAL
            € 0.09
               -
            € 0.20
            € 3.48     10.58      105.04
            € 2.36      7.43       63.82
             1.12
             0.32
            € 1.88      5.63      11.27
            € 0.00      0.00       0.00
          € 0.00333
          € 1.77004
          € 0.06870
          -€ 2.60086 -€ 8.01285 € 18.89894
                     digaAmiga REVENUE PER SERVICE OFFERING (millions)
                                                          Year 5
                                                          Total
                      LOCAL      LONG DIST    TEXTING     Phone     HOTEL         INFO
Premium (Cents)        € 0.03       € 0.06      € 0.10               € 0.39      € 0.07
% markup                  -            -           -                    -           -
Price (Cents/Min)      € 0.19       € 0.25      € 0.25               € 0.20      € 0.20
Revenue               € 44.90      € 50.78      € 9.17    104.85     € 3.73      € 4.12
Variable Cost         € 28.36      € 28.73      € 5.50     62.59     € 2.65      € 2.97
CM                     16.54        22.05        3.67                 1.08        1.15
CM %                   36.8%        43.4%       40.0%                 0.29        0.28
Fixed Cost             € 2.33       € 2.33      € 2.33     6.99      € 2.33      € 2.33
Startup Costs          € 0.00       € 0.00      € 0.00     0.00      € 0.00      € 0.00
depreciation         € 0.00333    € 0.00333   € 0.00333            € 0.00333   € 0.00333
taxes                € 1.87725    € 1.87725   € 1.87725            € 1.87725   € 1.87725
interest income      € 0.07620    € 0.07620   € 0.07620            € 0.07620   € 0.07620
Estimated Earnings   ######### ######### -€ 0.61736 € 29.40267 -€ 3.20437 -€ 3.13954
FERING (millions)

                      Total
           EVENT     Service   TOTAL
           € 0.09
              -
           € 0.20
           € 3.85    11.70     116.55
           € 2.62     8.24      70.83
            1.23
            0.32
           € 2.33     6.99     13.98
           € 0.00     0.00      0.00
         € 0.00333
         € 1.87725
         € 0.07620
         -€ 3.05526 ######## € 20.00350
                           digaAmiga FORECASTED STATEMENT OF EARNINGS
Fiscal year ended                         2003             2004              2005
Net revenues:
Phone                                 €    4,053,950   €    19,023,919   €    43,121,072
Services                              €      461,821   €     2,110,111   €     4,770,105
Total net revenues                    €   4,515,771    €   21,134,031    €   47,891,178
Cost of sales                         €    2,829,198   €    12,877,456   €    29,137,956
GROSS MARGIN                          € 1,686,573      € 8,256,574       € 18,753,222
Gross Profit Margin                          37.3%             39.1%             39.2%
Kiosk operating expenses              €     527,240    €     1,157,480   €     1,524,600
Other operating expenses              €     331,250    €     1,524,736   €     3,456,082
Depreciation and amortization         €      20,000    €        20,000   €        20,000
General and administrative expenses   €     561,280    €     2,776,400   €     1,162,720
OPERATING INCOME                      €     246,803    €     2,777,959   €    12,589,819
Interest and other income, net        €           -    €        82,566   €       187,532
Earnings before income taxes          €    246,803     €    2,860,525    €   12,777,351
Income taxes (35% rate assumed)       €      86,381    €     1,001,184   €     4,472,073
NET EARNINGS                          €   160,422      € 1,859,341       €   8,305,278
ENT OF EARNINGS
            2006               2007

        €     94,462,147   €    104,852,983
        €     10,580,965   €     11,700,519
        €   105,043,112    €   116,553,502
        €     63,822,681   €     70,834,306
        € 41,220,431       € 45,719,196
                  39.2%             39.2%
        €      2,154,840   €      2,154,840
        €      7,570,984   €      8,403,793
        €         20,000   €         20,000
        €      1,543,200   €      3,416,400
        €     29,931,406   €     31,724,164
        €        412,204   €        457,192
        €    30,343,610    €    32,181,355
        €     10,620,264   €     11,263,474
        € 19,723,347       € 20,917,881
            digaAmiga NPV Analysis (in thousands)
Year                      2002       2003        2004         2005         2006         2007
CF Operations         €          -   € 180      € 1,879   €    8,325   € 19,743     € 20,938
 CF Investments and
Change in NWC         € 9,952        €      -   € (3,408) €    2,009   €    7,987   €    3,277
Project Cash Flow     € (9,952) € 180           € 5,287   €    6,316   € 11,756     € 17,661
CaPM                         23%
NPV                   €          8,743
                      digaAmiga Terminal Value (in thousands)
Year                                   2002       2003        2004      2005         2006
CF Operations                      €          -   € 180      € 1,879   € 8,325   € 19,743

CF Investments and Change in NWC   €      9,952   €      -   € (3,408) € 2,009   €    7,987
Project Cash Flow                  €      (9,952) € 180      € 5,287   € 6,316   € 11,756

Sabre Discount Rate                       14.8%                        Terminal Value
Incremental Investment Return             22.6%
Growth Rate                               2.3%
NPV                                €          59,575
ands)
            2007
        €     20,938


        €      3,277
        €     17,661

        € 140,567

				
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