Can't balance my three-statement model on public company

Hi all, I wanted to build a model of a public company (US listed co) from scratch and almost balanced, but still cannot figure out whats the problem. I checked line by line and adding/subtracting all over again. Would really appreciate some help as I'm off by a constant in each projected year. Can anyone please help? Willing to send some e-pdfs of some books you may need. Thank you so much.

7 Comments
 

Not sure if you've gotten this yet (I'm sure Rich can figure it out), but if not - is it off for historicals as well as for the projection period? If so, you could also look at the B/S reported publicly and compare by general category to try finding the delta (cash, current assets, current liabilities, equity, etc.).

Another check I used to do when doing a lot of LBO modeling is seeing that FCF (before debt paydown) = change in net debt. That could help you check and make sure you're generally accounting for everything correctly given that the issue seems to be with you Financing CF.

 

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