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inancial Analysis ALIPHCOM - COMMON EQUITY VALUATION As of June 20, 2011 10 EFTA00307405 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of JUlle 20, 2011 Exhibit B: Historical Financial Analysis Aliph's revenues rebounded in 2010 following the decline in 2009 as a result of the lackluster de
NA SW% NA 1444 NA s 1.“11år s '1/ oe 1 so enve hes.094 ma (lief Onnailexa ~No stutb. anm (lest bresend h tec .1099ton) Odic.. [Anita Vice Prosiest 401Seoctor• 11,16 < ha), ...knell Roo. 4 Mewl./ • 11/./s. e Don 1 lissno 3lina 3. 1,33,934 .S.s./11.9.9..) Soo %/no. Monk< Vitt ha4.1co 5.1
inancial Analysis ALIPHCOM - COMMON EQUITY VALUATION As of June 20, 2011 10 EFTA00307304 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of JUlle 20, 2011 Exhibit B: Historical Financial Analysis Aliph's revenues rebounded in 2010 following the decline in 2009 as a result of the lackluster de
NA SW% NA 1444 NA s 1.“11år s '1/ oe 1 so enve hes.094 ma (lief Onnailexa ~No stutb. anm (lest bresend h tec .1099ton) Odic.. [Anita Vice Prosiest 401Seoctor• 11,16 < ha), ...knell Roo. 4 Mewl./ • 11/./s. e Don 1 lissno 3lina 3. 1,33,934 .S.s./11.9.9..) Soo %/no. Monk< Vitt ha4.1co 5.1
inancial Analysis ALIPHCOM - COMMON EQUITY VALUATION As of June 20, 2011 10 EFTA00307203 WTAS ALIPHCOM — COMMON EQUITY VALUATION REPORT As of JUlle 20, 2011 Exhibit B: Historical Financial Analysis Aliph's revenues rebounded in 2010 following the decline in 2009 as a result of the lackluster de
NA SW% NA 1444 NA s 1.“11år s '1/ oe 1 so enve hes.094 ma (lief Onnailexa ~No stutb. anm (lest bresend h tec .1099ton) Odic.. [Anita Vice Prosiest 401Seoctor• 11,16 < ha), ...knell Roo. 4 Mewl./ • 11/./s. e Don 1 lissno 3lina 3. 1,33,934 .S.s./11.9.9..) Soo %/no. Monk< Vitt ha4.1co 5.1
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