Credit Evaluation School - May 2023

Internal Use Only

Description of Collateral

Example: Collateral Description

Collateral is listed as inventory and AR valued at $125M on the makers audited 12-31-x8 financial statement. Management indicated that the liquidation value would probably be $100M.

Internal Use Only

Financial Exhibits Preparer - Internal, CPA (type), Other Term •Annual (Fiscal Year) •Interim List major categories only Note: Depreciation and amortization should be footnoted on the operating statement

Pge 9