07 report y7 plany8 final02

GLOBUS tracks each company’s performance annually on 5 performance targets which the Board of Directors has set for the company’s new management team.Grow earnings per share from 0.75 at the end of Year 5 to 1.25 in Year 6, 2.00 in Year 7, 3.00 in Year 8, 4.25 in Year 9, 5.50 in Year 10, 7.00 in Year 11, 8.50 in Year 12, 10.50 in Year 13, 12.50 in Year 14, and 14.50 in Year 15. ➢ Grow average return on equity investment (ROE) from 14.5% at the end of Year 5 to 17.5% in Year 6, 20% in Year 7, 25% in Year 8, 30% in Year 9, 35% in Year 10, 40% in Year 11, and by an additional 2.5% annually in Years 12 through 15 (thus reaching 50% in Year 15). Average ROE is defined as net income divided by the average of total shareholder equity balance at the beginning of the year and the end of the year. Average ROE for each company is reported on page 2 of the Camera Drone Journal. Data for calculating your company’s average ROE appears on page 4 of the Company Operating Reports in the notes to the company’s Balance Sheet. ➢ Achieve stock price gains from 12 at the end of Year 5 to 20 in Year 6, 35 in Year 7, 60 in Year 8, 100 in Year 9, 150 in Year 10, 200 in Year 11, 250 in Year 12, 300 in Year 13, 330 in Year 14, and 350 in Year 15. Board members believe these stock price gains are within reach if the company meets or beats the annual EPS targets, achieves the targeted rates of return on shareholders’ equity (ROE), rewards shareholders with growing dividends, and from time to time prudently uses its financial capabilities to repurchase shares of stock. The company’s stock price was 12 per share at the end of Year 5. o Note: Stock price is a function of revenue growth, earnings per share growth, average ROE, credit rating, the rate of growth in the annual dividend paid to shareholders, and management’s ability to consistently deliver good results (as measured by the percentage of each year’s 5 performance targets that your company achieves). ➢ Maintain a healthy credit rating, defined as B+ or higher in Years 6 and 7, at least A in Year 8 through Year 10, and at least A in Year 11 through Year 15. The company’s credit rating was B at the end of Year 5. ➢ Achieve an image rating (brand reputation) of 70 or higher in Year 6, 72 in Years 78, 75 in Years 910, 77 in Years 1112, and 80 in Years 1315. The image rating is a function of (1) your company’s PQ ratings for action cameras and UAV drones, (2) your company’s global market shares for both action cameras and UAV drones (as determined by your market shares in the four geographic regions), and (3) your company’s actions to display corporate citizenship and conduct operations in a socially responsible manner over the past 45 years. Your company had an image rating of 70 at the end of Year 5.