echnology, and products over a 5-year planning horizon. Regardless, it's likely the results of the effort will be summarized and considered with some being approved while others are placed in limbo to wait for a crisis to arise, or appear in a future planning session. 13 TECHNOLOGY FORECASTING AND STRATEGIC PLANNING TABLE 13-4 Balance Sheet Forecast Long range plan current (Millions) Assets: Cash and Equivalent Trade Receivables 107.0 Inventory Other Sub-Total Current Assets 120.8 141.4 153.3 194.2 193.9 277.1 Land, Buildings, and Equipment Other Sub-Total Fixed Assets Total Assets: 133.9 154.5 166.4 207.3 207.0 290.2 Liabilities: Accounts Payable Accrued Interest Other Liabilities Sub-Total Current Liabilities: Long Term Debt Deferred Taxes Total Liabilities Equity: 101.8 121.3 126.1 162.1 155.6 230.0 Total Liabilities and Equity 132.4 154.5 166.4 207.3 207.0 290.2 Book Value (Assets - Liabilities 203.5 242.7 252.3 324.2 311.2 459.9 + Equity) Income statement Forecast Long range plan current (Millions) Revenue: Product or Service A 125.7 123.8 117.5 117.8 116.7 116.0 Product or Service B 118.0 124.7 132.8 Product or Service C 104.5 116.3 114.0 New Product X New Service Y New Product or Service Z Total Revenue 229.9 269.5 315.1 362.4 423.6 495.8 Cost of Goods or Services Sold: Product or Service A Product or Service B Product or Service C (continues) PRACTICAL IP AND TELECOM FOR BROADCAST ENGINEERING AND OPERATIONS TABLE 13-4 (continued) New Product X New Service Y New Product or Service Z Total Product and Services Cost 111.8 124.9 149.7 176.5 205.5 241.5 Product Design and Support: General Engineering and Development Sustaining Engineering New Product X New Service Y New Product or Service Z Unallocated Resource Total Product Design and Support Gross Margin: 104.2 128.4 145.5 163.1 192.8 226.7 Percent To Sales Interest Depreciation Other Cost/(Income) Sub-Total Pre-Tax Profit 121.6 154.9 Provision for Taxes (24.5) (34.2) (40.4) (46.5) (58.3) (74.4) Net Income: Percent To Sales Source and Use of Funds Sources of