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5-Year History of CROCI US DIVIDENDS vs. S&P 500 Inedex (as of close 4/7/14) (Embedded image moved to file: pic10657.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic21550.gif) (Embedded image moved to file: pic18365.gif) Tazia Smith Director I Key Client Partners - US DB Sec
GM Equity Derivatives. * (Enterprise Value/Net Capital Invested)/(Cash Return on Capital Invested) 5-Year History of CROCI US DIVIDENDS vs. S&P 500 Inedex (as of close 4/7/14) (Embedded image moved to file: pic10657.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic2
) 5-Year History of CROCI US DIVIDENDS vs. SW 500 Inedex (as of close 4/7/14) (Embedded image moved to file: pic10657.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic21550.gif) (Embedded image moved to file: pic18365.gif) Tazia Smith Director I Key Client Partners - US DB sec
GM Equity Derivatives. * (Enterprise Value/Net Capital Invested)/(Cash Return on Capital Invested) 5-Year History of CROCI US DIVIDENDS vs. SW 500 Inedex (as of close 4/7/14) (Embedded image moved to file: pic10657.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic2
m 138.03% 19 27, • No diy'dends or coupons .200 .150 .100 4.50 2009 I 2010 2011 Total Return 2012 2013 2014 Used with permission of Bloomberg Finance LP CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 111440 CONFIDENTIAL SDNY_GM_00257624 EFTA01453680
B GM Equity Derivatives. • (Enterprise Value/Net Capital Invested)/(Cash Return on Capital Invested) 5-Year Histo of CROCI US DIVIDENDS vs. S&P 500 Inedex (source: Bloombe • , as of close 4/7/14) DBUSSDUT 0:01 13 Settings 4739.30 4739.30 4739.30 . • 4739.50 3 Actions pace vs Comparative Retur
Entities connected to both Bloomberg Finance LP and Inedex