Information Requested for Business Valuations

Please review this request for information list. Some data may not be applicable, however please provide as much of the information requested below as possible. This information will become the basis for the analyst's understanding of the Company. As much information as readily available should be furnished to us prior to our Company Visit.

Financial Statements (up to and including date of valuation)

  • Annual financial statements for the last five fiscal years.
  • Twenty-four months of monthly operating statements prior to the date of valuation
  • Federal income tax returns for same years.

Financial Schedules (effective on or as close to before the date of valuation)

  • Aged Payables list (trade and notes)
  • Aged Receivables list (trade and notes) for date of valuation and one and two years prior, aged by 30 day periods
  • History of bad debts: amounts not collected by 30 days aging group from receivables (above) for one and two years prior to date of valuation.
  • Loans to and from officers, directors, and stockholders.
  • Depreciation Schedules: real estate and equipment lists, date of acquisition, cost, cost recovery method and life net depreciated value.
  • Inventory list and explanation of write-down method.
  • Officers and directors compensation schedule (salary, benefits, and expense allowances).
  • Stockholder list (name and # of shares for each class of stock held and indication of any family or other relationship).
  • Dividend payment schedule (five year history of dates and amounts).

Miscellaneous Financial Information

  • Schedule of key-man life insurance.
  • List of past transactions or offers to buy company stock over the past five years.
  • Current and past five year's budgets or projections.
  • Order backlog (date of valuation and one year prior).
  • Work in progress and work completed but not yet billed as of dates of valuation based on current or actual billing rates.
  • Client base: grouping of client characteristics of latest year and prior year, dollar billings, and percent to total billings.
  • Suppliers list: largest suppliers of latest and prior four years, dollar purchase, percent to total purchases.

Evidence Of Real And Personal Property Values

  • Copies of real and personal property tax assessments (most recent year).
  • Copies of insurance appraisals (most recent, less than three years old).
  • Copies of independent appraisal reports (most recent, less than three years old).

Copies Of Contractual Obligations

  • Lease for real estate and major items of personal property (with estimated value greater than $10,000).
  • Loan agreements.
  • Franchise or distributorship agreements
  • Contracts with customers and/or suppliers.
  • Buy/sell agreements.
  • ESOP documents.
  • Employment or non-competition agreements. Employee salary and employment contracts.

Miscellaneous Information

  • History: prepared company history or brief, concise statement regarding origin, time in business and chronology of major changes, description and breakdown (%) of product line.
  • Sales materials, product or service brochures, catalogs, price lists, schedules, etc.
  • Key personnel list: name, position, tenure, age education and professional credentials of directors, officers, department or division heads or others in key roles.
  • List of patents, copyrights, trademarks: item, date and brief description.
  • Trade association and journals and industry sources: name, address, and function.
  • Major competitors: name, addresses, and line of business, industry position if known.
  • Professionals related to company (name, address, involvement - e.g. Attorney, Accountant, Banker)

Please define the company's position regarding the permitted latitude of the analyst in contacting firms or individuals listed above for supplementary information or opinions. Such discussions may be entirely anonymous, or represent partial or full disclosure of the reason for valuation. The analyst's ability to disclose the reason for his query may affect the extent of the information that will be received form these individuals.

Maine Valuation Company - P.O. Box 599 - Standish, Maine 04084
Phone 207.642.3336 - Fax 207.642.3989 - Email