EXHIBIT 4 Summary of Forecast Assumption
Description
Growth in number of stores, 1997+
Growth in sales per square meter
Sales per square meters , 1996
Average square meters per store
Capital investment per store in 1996
Gross margin
Dividend payout
Equipment rentals per store
Employee costs per store
Tax rate
Percent of financing need met by equity issuance
Interest rate
...........
Actual/projected
....
Cash and investment to sales
Days in receivables
Days in payables
Days in inventory
Other current assets/ Sales
Other current liabilities / Sales
Gross intangible assets / Sales
Annual deprecation/ Gross PP&E