(B&W) PROTECTED By MINNESOTA TOBACCO LITIGATION PROTECTIVE ORDER
ESTIMATED COST SHARING EXPENSE
BY FISCAL YEAR
FOR FISCAL YEARS ENDING 9/30/77 THRU 9/30/80
(DOLLARS IN THOUSANDS)
ESTIMATE FISCAL YEAR ENDING
9730/77 9/30/78 9 30/79 9/30/80
Gross Paid Sales
Domestic $1,275,712 $1,333,662 $1,432,306 $1,518,374
International
(outside the Group 36,028 38,365 45,437 52,619
Total Gross Paid Sales $1,311,740 $1,372,027 $1,477,741 $1,570,993
Less:
Excise Tax 377,815 378,111 386,670 390,963
Duty on Leaf
(Net of Drawback) 1,645 1,564 1,601 1,622
Net Turnover $ 932,280 992,352 $1,089,472 $1,178,408
Cost Sharing Rate
.0015 .0015 .0015 .0015
Estimated Cost
Sharing Expense 1,489 $ 1,634 $
NOTE: The March 23, 1977 Sales Forecast ("Most Likely") was used as the
basis of calculating 1977 -,1980. Launch of KOOL NATURALS was ex-
cluded from 1977 estimate. Domestic sales value based on $.75 per
)4 cigarette price increases 1/1/78, 1/1/79, and 1/l/80.
z
Historical B&W "Cost Sharing" expense by-fiscal year after adjustment
to actual:
$000's
FISCAL YEAR ENDED
0/73_ 9/30/74 9/30/75 9Z30/76
Net B&W Expense 570 ill $. 100 $ 100
BEB/sa
4/4/77
620857041