PART A ONLY FACTs of COMPANY XX

Introduction
Bring out why this company need your analysis?

ABOUT THE COMPANY

Business Model
Growth strategy

About the CEO

PAST PERFORMANCE (Qualitative information)

Financial Results past years

Financial Results 2015-16 Qualitative and non-qualitative information

INDUSTRY information

FUTURE AHEAD: FIRST QUARTER RESULTS AND THE OUTLOOK FOR THE YEAR

Recent happenings
Figure: 1 Share prices of year 2009 to 2014 April.

Indexed Price Performance

300.00

250.00

200.00

150.00

100.00

50.00

0.00
December December December December December December
31, 2008 31, 2009 30, 2010 31, 2011 31, 2012 31, 2013

American Apparel Dow Jones Dow Jones U.S. Retail

Dow Jones Dow Jones Industrial Dow Jones S&P 500

(Source-Chart prepared from the data extracted from the Annual report of Company XX, 2013)
Exhibit 1 Company XX, Inc. and Subsidiaries Consolidated Statements of Operations and
Comprehensive Loss from 2009 to 2013
(Amounts and shares in thousands, except per share amounts)

Years Ended December 31,

2013 2012 2011 2010 2009
Net sales $ 633,941 $ 617,310 $ 547,336 $ 532,989 $ 558,775
Cost of sales 313,056 289,927 252,436 253,080 238,863
Gross profit 320,885 327,383 294,900 279,909 319,912
Selling expenses 241,683 227,447 209,841 218,198 198,518
General and administrative expenses 106,957 97,327 104,085 103,167 93,636
Retail store impairment 1,540 1,647 4,267 8,597 3,343
(Loss) income from operations (29,295) 962 (23,293) (50,053) 24,415
Interest expense 39,286 41,559 33,167 23,752 22,627
Foreign currency transaction loss 1 120 1,679 (686) (2,920)
Unrealized loss (gain) on change in fair value
of warrants and purchase rights 3,713 4,126 (23,467) 993 -
Loss (gain) on extinguishment of debt 32,101 (11,588) 3,114 - -
Other expense (income) 131 204 (193) 39 (220)
Loss before income taxes (104,527) (33,459) (37,593) (74,151) 4,928
Income tax provision 1,771 3,813 1,721 12,164 3,816
Net loss $ (106,298) $ (37,272) $ (39,314) $ (86,315) $ 1,112
Basic and diluted loss per share $ (0.96) $ (0.35) $ (0.42) $ (1.21) $ 0.02
Weighted average basic and diluted shares $ (1.21) $ 0.01
outstanding 110,326 105,980 92,599 71,626 71,026
Net loss (from above) $ (106,298) $ (37,272) $ (39,314) $ (86,315) $ 1,112
Other comprehensive (loss) income item:
Foreign currency translation, net of tax (1,581) 631 (188) (1,085) 620
Other comprehensive (loss) income, net of tax (1,581) 631 (188) (1,085) 620
Comprehensive loss $ (107,879) $ (36,641) $ (39,502) $ (87,400) $ 1,732

(Source: Compiled from the Data extracted from Company XXs Annual reports, year 2013-2009)
Exhibit: 2 Company XX Inc. and Subsidiaries Consolidated Balance Sheet
(Amounts and shares in thousands, except per share amounts)
December 31,
2013 2012 2011 2010 2009 2008
ASSETS
CURRENT ASSETS
Cash $ 8,676 $ 12,853 $ 10,293 $ 7,656 $ 9,046 $ 11,368
Trade accounts receivable, net of allowances of $2,229 and
$2,085 at December 31, 2013 and 2012, respectively 20,701 22,962 20,939 16,688 16,907 16,439
Restricted cash - 3,733
Prepaid expenses and other current assets 15,636 9,589 7,631 9,401 9,994 5,369
Inventories, net 169,378 174,229 185,764 178,052 141,235 148,154
Income taxes receivable and prepaid income taxes 306 530 5,955 4,114 4,494 604
Deferred income taxes, net of valuation allowance 599 494 148 626 4,627 3,935

Total current assets 215,296 224,390 230,730 216,537 186,303 185,869

Property and Equipment, net 69,303 67,778 67,438 85,400 103,310 112,408
Deffered taxes 2,426 1,261 1,529 1,695 12,033 10,137
Other Assets, net 46,727 34,783 25,024 24,318 25,933 25,195
TOTAL ASSETS $ 333,752 $ 328,212 $ 324,721 $ 327,950 $ 327,579 $ 333,609

LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY

CURRENT LIABILITIES
Cash overdraft $ 3,993 $ - $ 1,921 $ 3,328 $ 3,741 $ 2,413
Revolving credit facilities and current portion of long-term
debt 44,042 60,556 50,375 138,478 6,346 34,318
Accounts payable 38,290 38,160 33,920 31,534 19,705 32,731
Accrued expenses and other current liabilities 50,018 41,516 43,725 39,028 30,573 22,140
Fair value of warrant liability 20,954 17,241 9,633 993 2,608 8,582
Income taxes payable 1,742 2,137 2,445 230
Deferred income tax liability, current 1,241 296 150 -
Current portion of capital lease obligations 1,709 1,703 1,181 560 1,907 2,616
Total current liabilities 161,989 161,609 143,350 214,151 64,880 102,800
LONG-TERM DEBT, net of unamortized discount of $5,779 and
$27,929 at December 31, 2013 and 2012, respectively 213,468 110,012 97,142 444
CAPITAL LEASE OBLIGATIONS, net of current portion 5,453 2,844 - 4,611 65,997 67,050
1,726 542 4,355 3,292
DEFERRED TAX LIABILITY 536 262 96 260 1,020 1,986
DEFERRED RENT, net of current portion 18,225 20,706 22,231 24,924 22,052 16,011
OTHER LONG-TERM LIABILITIES 11,485 10,695 12,046 7,994 11,934 6,058
Total Long Term Liabilites 249,167 144,519 133,241 38,775 105,358 94,397
TOTAL LIABILITIES 411,156 306,128 276,591 252,926 $ 170,238 $ 197,197

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' (DEFICIT) EQUITY
Preferred stock, $0.0001 par value per share, authorized
1,000 shares; none issued - - - - - -
Common stock, $0.0001 par value per share, authorized 230,000
shares; 113,469 shares issued and 111,330 shares outstanding
at December 31, 2013 and 110,111 shares issued and 107,181
shares outstanding at December 31, 2012 11 11 11 8 7 7
Additional paid-in capital 185,472 177,081 166,486 153,881 150,449 131,252
Accumulated other comprehensive loss (4,306) (2,725) (3,356) (3,168) (2,083) (2,703)

Accumulated deficit (256,424) (150,126) (112,854) (73,540) 19,012 17,900

Less: Treasury stock, 304 shares at cost (2,157) (2,157) (2,157) (2,157) (10,044) (10,044)
TOTAL STOCKHOLDERS' (DEFICIT) EQUITY (77,404) 22,084 48,130 75,024 157,341 136,412
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 333,752 $ 328,212 $ 324,721 $ 327,950 $ 327,579 $ 333,609

(Source: Based on the Data extracted from Company XXs Annual reports year 2013-2008)
Exhibit 3 Cash Flow Statement Company XX from the year 2009 to 2013 (you can use the condensed
form of CFS as well)

Operating Activities
All values in thousands 2009 2010 2011 2012 2013
Net Income before Extraordinaries 1,110 (86,320) (39,310) (37,270) (106,300)
Depreciation, Depletion & Amortization 28,150 34,130 24,980 22,990 26,080
Depreciation and Depletion 27,050 28,130 24,230 22,520 26,080
Amortization of Intangible Assets 1,100 6,000 752 472 -
Deferred Taxes & Investment Tax Credit (3,700) 14,790 701 154 (168,000)
Deferred Taxes (3,700) 14,790 701 154 (168,000)
Other Funds 21,620 29,510 17,600 33,470 55,460
Funds from Operations 47,180 (7,890) 3,960 19,340 (24,930)
Changes in Working Capital (1,980) (24,480) (1,660) 4,250 12,200
Receivables (10,080) (1,750) (5,230) (2,070) 5,960
Accounts Payable (10,300) 10,060 3,940 1,780 2,290
Other Assets/Liabilities (6,120) (5,000) (3,310) (10,280) (6,060)
Net Operating Cash Flow 45,200 (32,370) 2,310 23,590 (12,720)
Investing Activities

Capital Expenditures (20,890) (15,700) (11,070) (21,610) (27,050)

Capital Expenditures (Fixed Assets) (20,890) (15,700) (11,070) (21,610) (27,050)
Capital Expenditures (Other Assets) - - - - -
Net Assets from Acquisitions - - - - -
Sale of Fixed Assets & Businesses - 39,000 311,000 474,000 173,000
Purchase/Sale of Investments - - - - -
Purchase of Investments - - - - -
Sale/Maturity of Investments - - - - -
Other Uses - - - (3,720) -
Other Sources - - - - 1,730
Net Investing Cash Flow (20,890) (15,660) (10,760) (24,850) (25,150)
Financing Activities

Cash Dividends Paid - Total - - - - -

Common Dividends - - - - -
Preferred Dividends - - - - -
Change in Capital Stock - 1,650 21,710 - -
Sale of Common & Preferred Stock - 1,650 21,710 - -
Proceeds from Stock Options - 1,650 21,710 - -
Issuance/Reduction of Debt, Net (20,470) 48,570 (6,490) 74,000 36,850
Change in Current Debt (42,280) (40,400) (1,410) (1,920) 3,990
Change in Long-Term Debt 21,820 48,980 (5,080) 2,000 32,860
Issuance of Long-Term Debt 79,070 50,850 3,100 53,210 227,710
Reduction in Long-Term Debt (57,260) (1,880) (8,180) (51,220) (194,850)
Other Funds (5,000) (2,050) (2,640) 4,140 (2,620)
Other Uses (5,000) (2,050) (2,640) (393) (2,620)
Other Sources - - - 4,530 -
Net Financing Cash Flow (25,470) 48,170 12,580 4,210 34,230
Exchange Rate Effect (1,170) (1,530) (1,490) (390) (535)
Net Change in Cash (2,320) (1,390) 2,640 2,560 (4,180)
Free Cash Flow 24,310 (48,070) (8,770) 1,980 (39,780)
Source FactSet Fundamentals http://www.marketwatch.com/investing/stock/app/financials/cash-flow
Exhibit 4 Comparable Store Sales (any other information of your choice)

For the Quarter Ended

March 31 June 30 September 30 December 31 Full year
2013 (1) 8% 7% 2% -3% 3%
Number of Stores 238 237 237 235
2012 14% 16% 20% 11% 15%
Number of Stores 243 244 242 238
2011 -5% 1% 3% 8% 2%
Number of Stores 249 248 244 241

(Source : Data extracted from Company XX Annual Report, 2013)