CONFIDENTIALFrequentlyUsedTemplateSEOVATemplateJune2002Thisreportissolelyfortheuseofclientpersonnel.Nopartofitmaybecirculated,quoted,orreproducedfordistributionoutsidetheclientorganizationwithoutpriorwrittenapprovalfromMcKinsey&Company.ThismaterialwasusedbyMcKinsey&Companyduringanoralpresentation;itisnotacompleterecordofthediscussion.2Unitofmeasure*FootnoteSource:SourceText•TextText•TextText•Text3Unitofmeasure*FootnoteSource:SourceTitle•TextTitle•Text4Unitofmeasure*FootnoteSource:SourceTitle•TextTitle•TextText5EXHIBITTITLE*FootnoteSource:SourceTitle•Text•Text•TextText6EXHIBITTITLE*FootnoteSource:SourceTitle•Text•Text•Text7EXHIBITTITLE*FootnoteSource:SourceTextTextTextTitle•••Title•••8EXHIBITTITLE*FootnoteSource:SourceTextTextTextTitle•••Title•••Title•••92COLUMN*FootnoteSource:SourceTitleTitle•Text•Text103COLUMN*FootnoteSource:SourceTitle•TextTitle•TextTitle•Text114COLUMN*FootnoteSource:SourceTitle•TextTitle•TextTitle•TextTitle•Text125COLUMN*FootnoteSource:SourceTitle•TextTitle•TextTitle•TextTitle•TextTitle•Text136COLUMN*FootnoteSource:SourceTitle•TextTitle•TextTitle•TextTitle•TextTitle•TextTitle•Text147COLUMN*FootnoteSource:SourceTitle•TextTitle•TextTitle•TextTitle•TextTitle•TextTitle•TextTitle•TextTitleTitle158COLUMN*FootnoteSource:SourceTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextText163-STEPText•TextText•TextText•TextText174-STEPText•TextTextText•TextText•TextText•Text185-STEPTextText•TextText•TextText•TextText•TextText•Text193HORIZONTALUnitofmeasure*FootnoteSource:Source•Text•Text•Text•Text•Text•TextTextTextText204HORIZONTALUnitofmeasure*FootnoteSource:Source•Text•Text•Text•Text•Text•Text•Text•TextTextTextTextText215HORIZONTALUnitofmeasure*FootnoteSource:Source•Text•Text•Text•Text•Text•Text•Text•Text•Text•TextTextTextTextTextText224-STEPUnitofmeasure*FootnoteSource:Source•Text•Text•Text•TextTextTextTextText23FLOW2•TextHeaderHeader•TextUnitofmeasure*FootnoteSource:Source24FLOW2TITLEUnitofmeasure*FootnoteSource:Source•TextHeaderHeader•TextText25FLOW3•TextHeaderHeader•TextHeader•TextUnitofmeasure*FootnoteSource:Source26FLOW3TITLEUnitofmeasure*FootnoteSource:Source•TextHeaderHeader•TextHeader•TextText27FLOW4•TextHeaderHeader•TextHeaderHeader•Text•TextUnitofmeasure*FootnoteSource:Source28FLOW4TITLEUnitofmeasure*FootnoteSource:Source•TextHeaderHeader•TextHeaderHeader•Text•TextText29FLOW5•TextHeaderHeader•TextHeaderHeaderHeader•Text•Text•TextUnitofmeasure*FootnoteSource:Source30FLOW5TITLEUnitofmeasure*FootnoteSource:Source•TextHeaderHeader•TextHeaderHeaderHeader•Text•Text•TextText31HORIZONTALFLOW3Unitofmeasure*FootnoteSource:Source•Text•Text•TextTitleTextTextText32HORIZONTALFLOW4Unitofmeasure*FootnoteSource:SourceTitle•Text•Text•TextTextTextText•TextText33HORIZONTALFLOW5Unitofmeasure*FootnoteSource:SourceTextTextTextTextTextTitle•Text•Text•Text•Text•TextTitle•Text•Text•Text•Text•Text34HORIZONTALFLOW6Unitofmeasure*FootnoteSource:SourceTitleTitleTextTextTextTextText•Text•Text•Text•Text•Text•Text•Text•Text•Text•TextText•Text•Text35HORIZONTALFLOW7Unitofmeasure*FootnoteSource:SourceTitleTitleTextTextTextTextText•Text•Text•Text•Text•Text•Text•Text•Text•Text•TextText•Text•TextText•Text•Text36FLOWWITHSHOCK1•TextHeaderHeader•TextHeader•TextUnitofmeasure*FootnoteSource:Source•TextTitle37FLOWWITHSHOCK2Unitofmeasure*FootnoteSource:SourceHeaderHeaderHeaderTitle•Text•Text•Text•TextText•Text•Text•Text•TextText38FLOWWITH3COLUMN*FootnoteSource:SourceTextTextTextTextText•Text•Text•Text•Text•TextText•Text•Text•Text•Text•TextTextText•Text•Text•Text•Text•Text39FLOWWITH2COLUMN*FootnoteSource:SourceTextTextTextTextTextText•Text•Text•Text•Text•Text•Text•Text•Text•Text•TextTextText40SQUAREFLOWUnitofmeasure*FootnoteSource:SourceText•TextText•TextText•TextText•Text41FRAMEWORKUnitofmeasure*FootnoteSource:SourceText•TextText•TextText•TextText•Text42Unitofmeasure*FootnoteSource:SourceTitleTitle•Text•Text43Unitofmeasure*FootnoteSource:SourceTitle•TextTitle•Text44Unitofmeasure*FootnoteSource:SourceTitle•TextTitle•TextTitle•TextTitle•Text45xxxxxTitle•TextTitle•TextTitle•TextTitle•Text46Unitofmeasure*FootnoteSource:Source•Title•Title•Title47Unitofmeasure*FootnoteSource:SourceTitle•TextTitle•TextTitle48Unitofmeasure*FootnoteSource:SourceTextTextText•Text•Text•TextText49Unitofmeasure*FootnoteSource:SourceTextTextTextTextText•TextText•Text•Text•Text•Text50SCP*FootnoteSource:Source•xxx•xxxx•xxxx•xxxxerformancetructureonductExternalshockSCP51Unitofmeasure*FootnoteSource:SourceTextTextTextText•Text•Text•Text•TextText•Text•Text•Text•TextText52Unitofmeasure*FootnoteSource:SourceTextTextTextText•Text•Text•Text•TextText•Text•Text•Text•TextTextText53Unitofmeasure*FootnoteSource:SourceTextTextTextText•Text•TextText•Text•TextText•Text•TextText•Text•TextText•Text•TextText•Text•Text54Unitofmeasure*FootnoteSource:SourceTextTitle•TextTitle•TextTitle•TextTitle•TextTitle•TextText55Unitofmeasure*FootnoteSource:SourceTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextTextText56Unitofmeasure*FootnoteS