Beginning Synergies Analysis

Hello everyone. I need some help interpreting this Synergies Analysis for a presentation. It is a breakdown of the retail division's contribution to a merger. Is this just basically saying they will achieve a full synergy of 300MM in year 3? I can't really see how the final synergies are derived...

Run Rate ($MM) Y1 Y2 Y3 RR OPEX $35 $65 $92 $92 G&A $7 $7 $13 $13 GROSS PROF $13 $49 $75 $75 CAP PURCHASE $10 $20 $30 $30

tot Run Rate $65 $141 $210 $210

One-Time ($MM) OPEX G&A ($6) GROSS PROF9 CAP PURCHASE ($90) ($150) ($130)

tot One-Time ($96) ($150) ($130)

P&L IMPACT $25 $99 $171

SYNERGY $93 $201 $300

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