About Aero Leasing USA LLC

Aero Leasing USA LLC (ALUSA) is 100% owned by Inter Global Investments LLC. ALUSA has
positioned itself as spare part supplier for the aviation industry. ALUSA is different and believes that
the best business is still done the old fashioned way with the technology of today! We have found that
the best way to have highly satisfied customers in the aviation industry is by focusing on:

Parts Supply
Aircraft parts everyone in this industry can sell, but service is what differentiates us from our competitors.

Since weve started doing business, we have made one of our main focus in better serving our customer So
how do we achieve this?

Apart from our on-hand inventory, we also help providing our customers with brokering services. If they need
a part, we will go out and find it for them. We keep a close monitor on parts we broker for our customers since,
once it is a repetitive request, ALUSA, goes out and purchases for our stock, allowing out customer, next time
they might need that same part, to have the peace of mind that it will be available at our location once they
need it. Apart from this, we also provide our customers with other options of services we provide that help
them alleviate their day to day parts requirement.

We supply every type of part an aircraft may need. From an engine, to and engine mount; from a seat to its
cushions; our range is not limited

We

offer

our

customers

everything

from

the

line

of

rotables

and

expendables

in

all ATA Chapters. We also provide our customer anything or everything they might need for any of their
maintenance checks, from paint, chemicals, sealants and tools.

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Services:
Parts & Pieces
A-D Check Support
Daily Aircraft Parts Forecasting
Component Exchange and Leasing
Inventory Management and Consignment Sales
Contract Fleet Management
International Logistics Solutions
Parts Planning Contracts
Available Access to Inventory 24/7 with AOG service.
All parts are shipped with full documentation and traceability back to its source.
We seek to be the industry leader in Aerospace Asset Management. We help our customer to eliminate surplus
stock, or purchase a part for an AOG, we have you covered. We have the inventory, resources, and industry
partnerships to provide you the level of service you expect from your most trusted supplier.

Strategic Sourcing
By partnering with OEMs, distributors, repair stations and brokers, we are able to provide the
broadest range of products with sometimes no MOQs. We can provide the exact size or quantity that
you need. We source locally where possible and have negotiated prices with major manufacturers.

Efficient Logistics
Our in-house packaging capability along with our partnership with major logistics companies, freight
forwarders and local couriers allows us to handle all your packaging and shipping needs efficiently.
We have certified personnel who will pack your products meeting compliance requirements. We do
this in a such a way that we do not add unnecessary weight or volume to the shipment, realizing that
inefficient packaging means money out of the door. Additionally, we have negotiated deeply
discounted rates with logistics firms such as UPS, FedEx and DHL and major airlines to be able to
transport all your hazmat and non-hazmat products quickly and safely.

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Customer Service
By providing personalized service to our customers and great attention to detail, we strive to ensure
that the customers need are met rapidly without compromising quality. We realize that the aviation
customers have unique needs and we work hard to respond to them quickly and comprehensively at
every stage of quoting, ordering and fulfillment.

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Financials
Assumptions
1. Year-one revenue expectancy

Number of units sold annually

Average sales price per unit
Annual revenue per product

Turbo Prop
Parts
2,000
$750.00
$1,500,000

Total year 1 revenue

$7,048,000

Jet Engine
Parts
3,000
$1,100.00
$3,300,000

Oil &
Lubricants
1,500
$120.00
$180,000

Engine
Spare
1,880
$1,100.00
$2,068,000

Jet Engine
Parts
$880.00
$2,640,000

Oil &
Lubricants
$96.00
$144,000

Engine
Spare
$880.00
$1,654,400

2. Year 1 cost of goods sold

Average cost per unit

Annual cost of goods sold per product

Turbo Prop
Parts
$600.00
$1,200,000

Total year 1 cost of goods sold

$5,638,400

3. Annual maintenance, repair, and

overhaul
Factor (%) on capital
equipment

15%

4. Number of years - depreciation

5. Annual tax rate

30%

6. Long Term Debt

$2,719,623

Year-by-year profit and loss assumptions

Annual cumulative price (revenue) increase
Annual cumulative inflation (expense) increase
Interest rate on ending cash balance

Year 1

Year 2

Year 3

Year 4

Year 5

2.00%

4.00%

6.00%

8.00%

2.00%

4.00%

6.00%

8.00%

0.00%

0.00%

0.00%

0.00%

0.00%

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Project costs & means of finance

Project costs
Particulars

Year 1

Year 2

Year 3

Total

Land
Buildings
Plant & Machinery
Inventory/Stock

$150,000
$400,000
$200,000
$2,593,664

$150,000
$400,000
$200,000
$2,593,664

Sub total

$3,343,664

$3,343,664

$20,000
$250,000
$12,500

$20,000
$250,000
$12,500

Pre Operative Expenses

Security Deposits
Contingency

5%

Total project costs

$3,626,164

$0

$0

$3,626,164

Means of finance
Investors Equity
Promoters Equity

75%
25%

Total means of finance

2,719,623
906,541

3,626,164

Workings for computation of Investment share:

Promoters equity
Investors equity
Total equity

90,654
271,962
362,616

No of Equity

362,616

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Projected Profit & Loss

Year 1

Year 2

Year 3

Year 4

Year 5

$7,048,000

$7,188,960

$7,476,518

$7,925,110

$8,559,118

5,638,400

5,751,168

5,981,215

6,340,088

6,847,295

$1,409,600

$1,437,792

$1,495,304

$1,585,022

$1,711,824

Other revenue [source]

$0

$0

$0

$0

$0

Interest income

$0

$0

$0

$0

$0

$1,409,600

$1,437,792

$1,495,304

$1,585,022

$1,711,824

$40,000

$40,800

$42,432

$44,978

$48,576

60,000

$61,200

$63,648

$67,467

$72,864

120,000

122,400

124,800

127,200

129,600

Insurance

40,000

$40,800

$42,432

$44,978

$48,576

Maintenance, repair, and overhaul

30,000

30,600

31,200

31,800

32,400

Utilities

30,000

$30,600

$31,824

$33,733

$36,432

Property taxes

15,000

$15,300

$15,912

$16,867

$18,216

Administrative fees

18,000

$18,360

$19,094

$20,240

$21,859

4,000

$4,080

$4,243

$4,498

$4,858

$357,000

$364,140

$375,586

$391,761

$413,382

$1,052,600

$1,073,652

$1,119,718

$1,193,261

$1,298,442

61,388

48,453

35,195

21,605

7,675

$991,212

$1,025,199

$1,084,523

$1,171,656

$1,290,767

Loss (gain) on sale of assets

1,000

Other unusual expenses (income)

$991,212

$1,025,199

$1,085,523

$1,171,656

$1,290,767

297,364

307,560

325,657

351,497

387,230

$693,848

$717,639

$759,866

$820,159

$903,537

Revenue
Gross revenue
Cost of goods sold
Gross margin

Total revenue
Operating expenses
Sales and marketing
Payroll and payroll taxes
Depreciation

Other
Total operating expenses
Operating income
Interest expense on long-term debt
Operating income before other items

Earnings before taxes

Taxes on income
Net income (loss)

30%

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Increase in Sales
9,000,000
8,000,000
7,000,000
6,000,000
5,000,000
Gross revenue

4,000,000
3,000,000
2,000,000
1,000,000
0
1

Increase in Cost of Goods Sold

8000000
7000000
6000000
5000000
4000000

Cost of goods sold

3000000
2000000
1000000
0
1

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Increase in Gross Revenuen Margin

1800000
1600000
1400000
1200000
1000000
Total revenue

800000
600000
400000
200000
0
1

Increase in Operating Expenses

420000
410000
400000
390000
380000
370000
360000
350000
340000
330000
320000

Total operating expenses

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Increase in Net Income

1000000
900000
800000
700000
600000
500000
400000
300000
200000
100000
0

Net income (loss)

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Projected Balance Sheet

Assets
Cash and short-term investments
Accounts receivable

Initial balance

Year 1

Year 2

Year 3

Year 4

Year 5

$50,000

$297,619

$589,855

$907,088

$1,268,781

$1,696,398

456,000

492,480

492,480

492,480

492,480

492,480

2,047,000

2,149,350

2,256,818

2,369,658

2,488,141

2,612,548

Prepaid expenses

Deferred income tax

Total inventory

Other current assets

5,000

5,000

5,000

5,000

5,000

5,000

$2,558,000

$2,944,449

$3,344,153

$3,774,226

$4,254,403

$4,806,427

$400,000

$400,000

$400,000

$400,000

$400,000

$400,000

150,000

150,000

150,000

150,000

150,000

150,000

200,000

200,000

200,000

200,000

200,000

200,000

120,000

242,400

367,200

494,400

624,000

$750,000

$630,000

$507,600

$382,800

$255,600

$126,000

$0

$0

$0

$0

$0

$0

Deferred income tax

Long-term investments

Deposits

Total current assets

Buildings
Land
Capital improvements
Machinery and equipment
Less: Ac. depreciation expense
Net property/equipment
Goodwill

Other long-term assets

$3,308,000

$3,574,449

$3,851,753

$4,157,026

$4,510,003

$4,932,427

Initial balance

Year 1

Year 2

Year 3

Year 4

Year 5

Accounts payable

$83,400

$173,400

$263,400

$353,400

$443,400

$533,400

Accrued expenses

24,500

24,500

24,500

23,500

23,500

23,500

Total assets

Liabilities

Notes payable/short-term debt

Capital leases
Other current liabilities
Total current liabilities

Long-term debt

100

100

100

100

100

100

$108,000

$198,000

$288,000

$377,000

$467,000

$557,000

$2,719,623

$2,202,223

$1,671,889

$1,128,295

$571,113

($0)

$2,827,623

$2,400,223

$1,959,889

$1,505,295

$1,038,113

$557,000

Other long-term debt

Total debt
Other liabilities
Total liabilities

Equity
Owner's equity (common)
Paid-in capital
Preferred equity
Retained earnings
Total equity
Total liabilities and equity

$2,827,623

$2,400,223

$1,959,889

$1,505,295

$1,038,113

$557,000

Initial balance

Year 1

Year 2

Year 3

Year 4

Year 5

$250,000

$250,000

$250,000

$250,000

$250,000

$250,000

250,000

250,000

250,000

250,000

250,000

250,000

693,848

1,411,487

2,171,354

2,991,513

3,895,050

$500,000

$1,193,848

$1,911,487

$2,671,354

$3,491,513

$4,395,050

$3,327,623

$3,594,072

$3,871,376

$4,176,649

$4,529,626

$4,952,050

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Increase in Assets
$6,000,000
$5,000,000
$4,000,000
$3,000,000

Total assets

$2,000,000
$1,000,000
$0
1

Decrease in Liabilities
$3,000,000
$2,500,000
$2,000,000
$1,500,000

Total liabilities

$1,000,000
$500,000
$0
1

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Repayment of Debt
$3,000,000
$2,500,000
$2,000,000
$1,500,000
Long-term debt
$1,000,000
$500,000
$0
1

($500,000)

Increase in Retained Earnings

4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
Retained earnings

2,000,000
1,500,000
1,000,000
500,000
0
1

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Increase in Equity
$5,000,000
$4,500,000
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0

Total equity

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Projected Cash flow

Year 1

Year 2

Year 3

Year 4

Year 5

Net income

$693,848

$717,639

$759,866

$820,159

$903,537

Depreciation

120,000

122,400

124,800

127,200

129,600

Operating activities

Accounts receivable

(36,480)

(102,350)

(107,468)

(112,841)

(118,483)

(124,407)

90,000

90,000

90,000

90,000

90,000

Amortization

Other liabilities

Other operating cash flow items

$765,018

$822,572

$861,825

$918,876

$998,730

($517,400)

($530,335)

($543,593)

($557,183)

($571,113)

Preferred stock

Total cash dividends paid

Common stock

Inventories
Accounts payable

Total operating activities

Financing activities
Long-term debt/financing

Other financing cash flow items

Total financing activities
Cumulative cash flow

($517,400)

($530,335)

($543,593)

($557,183)

($571,113)

$247,619

$292,237

$318,232

$361,693

$427,617

$50,000

$297,619

$589,855

$908,088

$1,269,781

$297,619

$589,855

$908,088

$1,269,781

$1,697,398

Beginning cash balance

Ending cash balance

CASH FLOW
$1,800,000
$1,600,000
$1,400,000
$1,200,000
$1,000,000

Beginning cash balance

$800,000

Ending cash balance

$600,000
$400,000
$200,000
$0
1

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Loan payment reschedule

Annual interest rate
Monthly rate
Loan amount
Term of loan
(months)
Payment
Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36

Principal balance
$2,719,623
2,676,993
2,634,274
2,591,468
2,548,574
2,505,591
2,462,520
2,419,360
2,376,111
2,332,773
2,289,346
2,245,830
2,202,223
2,158,527
2,114,741
2,070,865
2,026,898
1,982,841
1,938,693
1,894,454
1,850,124
1,805,702
1,761,190
1,716,585
1,671,889
1,627,100
1,582,219
1,537,246
1,492,180
1,447,022
1,401,770
1,356,425
1,310,987
1,265,455
1,219,829
1,174,109

2.5%
0.21%
$2,719,623
60
($48,232.33)

Principal payment
($42,630)
(42,718)
(42,806)
(42,894)
(42,983)
(43,071)
(43,160)
(43,249)
(43,338)
(43,427)
(43,517)
(43,606)
(43,696)
(43,786)
(43,876)
(43,967)
(44,057)
(44,148)
(44,239)
(44,330)
(44,421)
(44,513)
(44,605)
(44,696)
(44,789)
(44,881)
(44,973)
(45,066)
(45,159)
(45,252)
(45,345)
(45,438)
(45,532)
(45,626)
(45,720)
(45,814)

Interest
($5,602)
(5,514)
(5,426)
(5,338)
(5,250)
(5,161)
(5,072)
(4,983)
(4,894)
(4,805)
(4,716)
(4,626)
(4,536)
(4,446)
(4,356)
(4,266)
(4,175)
(4,084)
(3,993)
(3,902)
(3,811)
(3,719)
(3,628)
(3,536)
(3,444)
(3,352)
(3,259)
(3,166)
(3,074)
(2,981)
(2,887)
(2,794)
(2,700)
(2,607)
(2,513)
(2,418)

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

Payment
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)

37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

1,128,295
1,082,387
1,036,384
990,287
944,094
897,807
851,424
804,945
758,371
711,701
664,934
618,072
571,113
524,057
476,904
429,654
382,306
334,862
287,319
239,679
191,940
144,103
96,167
48,133

(45,908)
(46,003)
(46,098)
(46,192)
(46,288)
(46,383)
(46,479)
(46,574)
(46,670)
(46,766)
(46,863)
(46,959)
(47,056)
(47,153)
(47,250)
(47,347)
(47,445)
(47,543)
(47,640)
(47,739)
(47,837)
(47,935)
(48,034)
(48,133)

44 Route 9 South, Suite 1000, Freehold, NJ 07728 USA

Phone: + 1 (732) 924-4400 Fax : +1 (732) 444-5913

(2,324)
(2,230)
(2,135)
(2,040)
(1,945)
(1,849)
(1,754)
(1,658)
(1,562)
(1,466)
(1,370)
(1,273)
(1,176)
(1,079)
(982)
(885)
(787)
(690)
(592)
(494)
(395)
(297)
(198)
(99)

($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)
($48,232)