assigment
Profit and Loss statement, k USD, Global
Company 1 Company 2 Company 3 Company 4 Company 5 Sales revenue 1,729,728 1,937,108 2,331,830 1,737,756 2,667,825
Costs and expenses Variable production costs 521,612 967,939 561,296 685,017 847,835 Feature costs 157,411 296,605 220,662 204,047 644,331 Contract manufacturing costs 282,904 237,731 267,072 33,599 0 Transportation and tariffs 52,192 18,066 58,849 97,964 122,605 R&D 0 165,000 100,504 56,526 0 Promotion 37,500 21,100 200,000 43,300 202,000 Administration 186,595 162,740 147,389 175,987 157,651 Costs and expenses total 1,238,215 1,869,182 1,555,773 1,296,441 1,974,422
OPERATING PROFIT BEFORE DEPR. (EBITDA) 491,513 67,926 776,057 441,315 693,403 Depreciation from fixed assets 363,686 203,908 129,997 177,801 246,918
OPERATING PROFIT (EBIT) 127,827 -135,983 646,060 263,514 446,486 Net financing expenses 53,619 194,686 1,836 574,940 -26,738
PROFIT BEFORE TAXES 74,208 -330,669 644,223 -311,426 473,223 Income taxes 54,662 10,245 160,892 76,734 133,523
PROFIT FOR THE ROUND 19,546 -340,914 483,332 -388,161 339,701
Balance sheet, k USD, Global
Company 1 Company 2 Company 3 Company 4 Company 5
ASSETS Fixed assets 2,060,887 1,155,480 736,648 1,007,538 1,399,201 Inventory 663,623 268,369 274,288 740,257 54,146 Receivables 66,595 74,579 89,775 66,904 102,711 Cash and cash equivalents 965,773 1,226,612 1,533,568 104,464 1,962,531 Total assets 3,756,878 2,725,040 2,634,279 1,919,163 3,518,590
SHAREHOLDERS' EQUITY AND LIABILITIES Equity Share capital 340,000 340,000 340,000 355,000 340,000 Additional paid-in capital 0 0 0 129,379 0 Profit for the round 19,546 -340,914 483,332 -388,161 339,701 Retained earnings 2,004,220 756,219 1,258,505 -2,191,809 2,266,932 Total equity 2,363,766 755,306 2,081,837 -2,095,591 2,946,632
Liabilities Long-term debts 1,259,789 309,789 509,789 2,959,789 509,789 Short-term debts (unplanned) 94,279 1,601,412 0 1,015,671 0 Payables 39,044 58,533 42,653 39,294 62,169 Total liabilities 1,393,112 1,969,734 552,442 4,014,754 571,958
Total shareholders' equity and liabilities 3,756,878 2,725,040 2,634,279 1,919,163 3,518,590
Profit and Loss statement, k USD, USA
Company 1 Company 2 Company 3 Company 4 Company 5
Sales revenue from markets 501,660 465,147 514,926 435,117 689,785 from internal transfers 181,914 39,613 187,216 299,037 165,940 Sales revenue total 683,574 504,760 702,142 734,155 855,724
Costs and expenses Variable production costs 274,083 222,775 288,699 477,989 370,232 Feature costs 38,562 68,840 57,012 42,754 147,102 Contract manufacturing costs 149,968 57,902 74,931 33,599 0 Transportation and tariffs 0 0 0 0 0 R&D 0 89,375 63,476 39,133 0 Promotion 14,000 20,000 50,000 23,300 110,000 Administration 111,042 94,599 93,218 119,041 86,440 Costs of imported products 0 0 0 0 0 Costs and expenses total 587,655 553,492 627,336 735,816 713,775
OPERATING PROFIT BEFORE DEPR. (EBITDA) 95,919 -48,732 74,806 -1,661 141,949 Depreciation from fixed assets 129,241 56,924 47,606 96,595 47,606
OPERATING PROFIT (EBIT) -33,322 -105,656 27,200 -98,257 94,344 Net financing expenses 84,660 234,384 23,937 523,184 5,822
PROFIT BEFORE TAXES -117,982 -340,039 3,263 -621,441 88,521 Income taxes 0 0 0 0 0
PROFIT FOR THE ROUND -117,982 -340,039 3,263 -621,441 88,521
Balance sheet, k USD, USA
Company 1 Company 2 Company 3 Company 4 Company 5
ASSETS Fixed assets 732,367 322,567 269,766 547,374 269,766 Inventory 563,854 195,951 222,838 740,257 33,781 Receivables 19,314 17,908 19,825 16,752 26,557 Cash and cash equivalents 2,000 2,000 179,990 2,000 684,050 Total assets 1,317,535 538,425 692,418 1,306,383 1,014,153
SHAREHOLDERS' EQUITY AND LIABILITIES Equity Share capital 300,000 300,000 300,000 315,000 300,000 Additional paid-in capital 0 0 0 129,379 0 Profit for the round -117,982 -340,039 3,263 -621,441 88,521 Retained earnings -181,361 -791,193 -281,829 -3,401,277 50,925 Total equity 657 -831,232 21,435 -3,578,339 439,446
Liabilities Long-term debts 1,259,789 309,789 509,789 2,959,789 509,789 Short-term debts (unplanned) 94,279 1,601,412 0 968,591 0 Internal loans -55,000 -555,000 145,000 935,000 45,000 Payables 17,811 13,456 16,195 21,342 19,917 Total liabilities 1,316,879 1,369,657 670,984 4,884,722 574,706
Total shareholders' equity and liabilities 1,317,535 538,425 692,418 1,306,383 1,014,153
PARENT COMPANY'S CASH FLOW STATEMENT, k USD
Company 1 Company 2 Company 3 Company 4 Company 5
Cash provided by operating activities Operating profit before depreciation (EBITDA) 95,919 -48,732 74,806 -1,661 141,949 Change in receivables (incr - / decr +) 3,782 -4,738 835 -1,805 8,335 Change in inventories (incr - / decr +) -362,703 280,678 363,630 269,808 -33,781 Change in payables (incr + / decr -) -4,604 4,410 -5,173 -4,415 -7,439 Net financing expenses -84,660 -234,384 -23,937 -523,184 -5,822 Income taxes 0 0 0 0 0 Total -352,266 -2,766 410,161 -261,257 103,243
Cash provided by investment activities Plant investments (-) / divestments (+) -420,000 0 0 0 0
Cash flow before financing activities -772,266 -2,766 410,161 -261,257 103,243
Cash provided by financing activities Dividends 0 0 0 0 -30,000 Proceeds from equity issues and buybacks 0 0 0 0 0 Dividends received from subsidiaries 0 0 0 0 29,326 Change in long-term debt (incr + / decr -) 0 0 0 450,000 0 Change in short-term debt (incr + / decr -) 94,279 2,766 -232,171 -58,743 0 Change in internal loans -250,000 0 0 -130,000 100,000 Total -155,721 2,766 -232,171 261,257 99,326 Change in cash and cash equivalents -927,987 0 177,990 0 202,569
Cash 1.1. 929,987 2,000 2,000 2,000 481,481 Cash 31.12. 2,000 2,000 179,990 2,000 684,050
Profit and Loss statement, k USD, Asia
Company 1 Company 2 Company 3 Company 4 Company 5
Sales revenue from markets 936,275 1,027,126 904,675 904,280 999,622 from internal transfers 21,231 333,774 192,141 0 196,442
Sales revenue total 957,506 1,360,901 1,096,816 904,280 1,196,063
Costs and expenses Variable production costs 247,529 745,164 272,597 207,028 477,602 Feature costs 100,386 204,537 108,152 121,727 310,060 Contract manufacturing costs 132,936 179,829 192,141 0 0 Transportation and tariffs 38,177 5,455 26,909 77,721 88,902 R&D 0 75,625 37,028 17,393 0 Promotion 13,500 0 50,000 12,000 26,000 Administration 65,553 58,141 44,171 46,946 61,211 Costs of imported products 99,074 8,012 34,567 164,033 108,421 Costs and expenses total 697,156 1,276,763 765,565 646,849 1,072,196
OPERATING PROFIT BEFORE DEPR. (EBITDA) 260,350 84,138 331,251 257,431 123,867 Depreciation from fixed assets 234,445 146,985 82,391 81,205 199,312
OPERATING PROFIT (EBIT) 25,906 -62,847 248,860 176,226 -75,445 Net financing expenses -28,730 -39,169 -19,348 52,417 -29,429
PROFIT BEFORE TAXES 54,636 -23,678 268,208 123,808 -46,016 Income taxes 12,020 0 45,338 19,011 0
PROFIT FOR THE ROUND 42,616 -23,678 222,870 104,798 -46,016
Balance sheet, k USD, Asia
Company 1 Company 2 Company 3 Company 4 Company 5
ASSETS Fixed assets 1,328,520 832,913 466,882 460,164 1,129,436 Inventory 99,769 72,418 51,450 0 20,365 Receivables 36,047 39,544 34,830 34,815 38,485 Cash and cash equivalents 456,629 1,113,662 681,929 2,000 656,251 Total assets 1,920,963 2,058,538 1,235,092 496,979 1,844,537
SHAREHOLDERS' EQUITY AND LIABILITIES Equity Share capital 20,000 20,000 20,000 20,000 20,000 Profit for the round 42,616 -23,678 222,870 104,798 -46,016 Retained earnings 1,363,365 743,519 694,130 174,451 761,805 Total equity 1,425,981 739,841 936,999 299,249 735,789 Liabilities Short-term debts (unplanned) 0 0 0 47,080 0 Internal loans 475,000 1,275,000 275,000 135,000 1,075,000 Payables 19,983 43,697 23,092 15,649 33,748 Total liabilities 494,983 1,318,697 298,092 197,730 1,108,748
Total shareholders' equity and liabilities 1,920,963 2,058,538 1,235,092 496,979 1,844,537
Profit and Loss statement, k USD, Europe
Company 1 Company 2 Company 3 Company 4 Company 5
Sales revenue Sales revenue 291,792 444,834 912,229 398,359 978,419
Costs and expenses Feature costs 18,463 23,228 55,499 39,567 187,169 Transportation and tariffs 14,015 12,611 31,940 20,243 33,702 Promotion 10,000 1,100 100,000 8,000 66,000 Administration 10,000 10,000 10,000 10,000 10,000 Costs of imported products 104,072 365,375 344,791 135,004 253,960 Costs and expenses total 156,549 412,314 542,229 212,813 550,832
OPERATING PROFIT BEFORE DEPR. (EBITDA) 135,243 32,520 369,999 185,545 427,587 Depreciation from fixed assets 0 0 0 0 0
OPERATING PROFIT (EBIT) 135,243 32,520 369,999 185,545 427,587 Net financing expenses -2,311 -529 -2,753 -661 -3,131
PROFIT BEFORE TAXES 137,554 33,049 372,752 186,206 430,718
Income taxes 42,642 10,245 115,553 57,724 133,523
PROFIT FOR THE ROUND 94,912 22,804 257,199 128,482 297,196
Balance sheet, k USD, Europe
Company 1 Company 2 Company 3 Company 4 Company 5
ASSETS Fixed assets 0 0 0 0 0 Receivables 11,234 17,126 35,121 15,337 37,669 Cash and cash equivalents 507,145 110,950 671,648 100,464 622,231 Total assets 518,379 128,076 706,769 115,801 659,900
SHAREHOLDERS' EQUITY AND LIABILITIES Equity Share capital 20,000 20,000 20,000 20,000 20,000 Profit for the round 94,912 22,804 257,199 128,482 297,196 Retained earnings 822,216 803,893 846,204 1,035,016 1,454,201 Total equity 937,128 846,697 1,123,403 1,183,499 1,771,397
Liabilities Short-term debts (unplanned) 0 0 0 0 0 Internal loans -420,000 -720,000 -420,000 -1,070,000 -1,120,000 Payables 1,250 1,380 3,366 2,303 8,504 Total liabilities -418,750 -718,620 -416,634 -1,067,697 -1,111,496
Total shareholders' equity and liabilities 518,379 128,076 706,769 115,801 659,900
Ratios and key financial indicators
Ratios Company 1 Company 2 Company 3 Company 4 Company 5
Market capitalization of the company, k USD 4,765,493 3,860,778 8,814,385 3,543,696 13,166,885 Shares outstanding at the end of round, k shares 30,000 30,000 30,000 31,500 30,000 Share price at the end of round, USD 159 129 294 113 439 Average trading price during the round, USD 278 144 157 125 455 Dividend yield, % 0 0 0 0 0.23 P/E ratio 244 n/a 18.24 n/a 38.76 Cumulative total shareholder return (p.a.), % -2.77 -5.65 6.34 -7.44 12.71
Key financial indicators, % Company 1 Company 2 Company 3 Company 4 Company 5
Operating profit before depreciation (EBITDA) 28.42 3.51 33.28 25.40 25.99 Operating profit (EBIT) 7.39 -7.02 27.71 15.16 16.74 Return on sales (ROS) 1.13 -17.60 20.73 -22.34 12.73 Equity ratio 62.92 27.72 79.03 n/a 83.74 Net debt to equity (gearing) 16.43 90.64 -49.18 n/a -49.30 Return on capital employed (ROCE) 3.49 -4.80 26.20 12.31 13.52 Return on equity (ROE) 0.83 -36.83 26.27 n/a 12.17 Earnings per share (EPS), USD 0.65 -11.36 16.11 -12.32 11.32
Market report, global Global market shares, %
Company 1 Company 2 Company 3 Company 4 Company 5 Total 19.30 21.01 18.36 18.33 23
Tech 1 22.36 20.86 11.91 22.09 22.78 Tech 2 25.56 8.76 7.20 23.21 35.27 Tech 3 0 40.64 59.36 0 0 Tech 4 0 100 0 0 0
Market report, USA
Company 1 Company 2 Company 3 Company 4 Company 5 Tech 1
Selling Price, USD 150 160 150 166 210 Number of offered features 3 6 4 4 7 Sales, k units 940 775 1,155 790 889 Demand, k units 940 775 1,155 790 889 Tech 2 Selling Price, USD 200 200 230 275 Number of offered features 2 4 3 10 Sales, k units 1,803 1,706 1,321 1,829 Demand, k units 1,803 1,706 1,321 1,829 Tech 3 Selling Price, USD 280 Number of offered features 4 Sales, k units 1,220 Demand, k units 1,220 Tech 4 Selling Price, USD Number of offered features Sales, k units Demand, k units
USA market shares, % Company 1 Company 2 Company 3 Company 4 Company 5 Total 22.07 19.96 19.11 16.99 21.87 Tech 1 20.66 17.03 25.39 17.37 19.55 Tech 2 27.08 25.61 0 19.84 27.47 Tech 3 0 0 100 0 0 Tech 4 0 0 0 0 0
Market report, Asia
Company 1 Company 2 Company 3 Company 4 Company 5 Tech 1 Selling Price, RMB 1,299 1,200 1,700 1,290 1,420 Number of offered features 3 6 4 4 7 Sales, k units 3,980 3,763 1,734 3,980 3,488 Demand, k units 3,980 3,763 1,734 3,980 3,488
Tech 2 Selling Price, RMB 1,750 1,790 1,850 Number of offered features 2 2 10 Sales, k units 2,396 2,183 2,726 Demand, k units 2,396 2,183 2,726
Tech 3 Selling Price, RMB 1,500 2,200 Number of offered features 3 4 Sales, k units 3,837 2,772 Demand, k units 8,311 5,885
Tech 4 Selling Price, RMB Number of offered features Sales, k units Demand, k units
Asia market shares, % Company 1 Company 2 Company 3 Company 4 Company 5
Total 20.66 24.63 14.60 19.97 20.14
Tech 1 23.48 22.21 10.23 23.49 20.59 Tech 2 32.80 0 0 29.89 37.31 Tech 3 0 58.06 41.94 0 0 Tech 4 0 0 0 0 0
Market report, Europe
Company 1 Company 2 Company 3 Company 4 Company 5 Tech 1 Selling Price, EUR 99 100 113 115 Number of offered features 3 6 6 7 Sales, k units 507 525 592 1,150 Demand, k units 507 525 592 1,150
Tech 2 Selling Price, EUR 199 170 210 240 Number of offered features 2 2 3 10 Sales, k units 779 1,402 1,015 2,314 Demand, k units 779 1,402 1,015 2,314 Tech 3 Selling Price, EUR 250 Number of offered features 4 Sales, k units 1,612 Demand, k units 1,723 Tech 4 Selling Price, EUR 360 Number of offered features 1 Sales, k units 723 Demand, k units 723
Europe market shares, % Company 1 Company 2 Company 3 Company 4 Company 5
Total 12.11 11.75 28.38 15.13 32.63
Tech 1 18.27 18.92 0 21.33 41.48 Tech 2 14.13 0 25.44 18.42 42 Tech 3 0 0 100 0 0 Tech 4 0 100 0 0 0
Production report
In-house manufacturing, k units Company 1 Company 2 Company 3 Company 4 Company 5
USA Tech 1 7,013 3,267 4,620 Tech 2 2,338 792 1,980 Tech 3 Tech 4
Asia Tech 1 6,435 3,630 1,078 3,388 1,320 Tech 2 715 880 5,280 Tech 3 2,360 2,772 Tech 4
Contract manufacturing, k units USA Tech 1 Tech 2 1,778 Tech 3 Tech 4 Asia Tech 1 432 Tech 2 750 Tech 3 1,459 Tech 4
Capacity usage, % USA Tech 1 75 33 70 Tech 2 25 8 30 Tech 3 Tech 4 Free capacity 0 100 100 59 0 Asia Tech 1 90 60 28 77 20 Tech 2 10 20 80
Tech 3 39 72 Tech 4 Free capacity 0 1 0 3 0
Inventory, k units USA Tech 1 9,833 2,123 2,967 5,913 412 Tech 2 603 572 640 4,440 151 Tech 3 0 0 0 0 0 Tech 4 0 0 0 0 0
Asia Tech 1 2,381 0 0 0 0 Tech 2 0 0 375 0 240 Tech 3 0 0 0 0 0 Tech 4 0 157 0 0 0
Inventory management costs, k USD 9,590 5,592 8,084 13,358 446
Origin of products sold in USA, k units USA 2,743 2,481 2,375 2,112 2,719 Asia
Origin of products sold in Asia, k units USA 931 133 656 1,896 2,168 Asia 5,445 7,467 3,850 4,268 4,046
Origin of products sold in Europe, k units USA 779 525 1,612 1,607 1,150 Asia 507 723 1,402 2,314
Number of plants this round USA 17 13 12 18 12 Asia 13 11 7 8 12
Number of plants next round USA 17 13 10 16 13 Asia 13 11 7 6 14
Number of plants after next round USA 17 13 10 16 13 Asia 13 11 7 6 14
Cost report
Logistics Company 1 Company 2 Company 3 Company 4 Company 5
Average logistics cost per sold product, USD Products sold in USA 0 0 0 0 0 Products sold in Asia 5.99 0.72 5.97 12.61 14.31 Products sold in Europe 10.90 10.11 10.60 12.60 9.73
Production cost per unit, USD USA Tech 1 49.75 52.90 50 Tech 2 112 87.07 87.38 Tech 3 Tech 4 Asia Tech 1 37.42 42.60 41.57 39.90 37.72 Tech 2 126 81.66 84.88 Tech 3 124 82.17 Tech 4
Contract manufacturing cost per unit, USD USA Tech 1 Tech 2 98.82 Tech 3 Tech 4 Asia Tech 1 109 Tech 2 136 Tech 3 96.56 Tech 4
Average unit cost per sold product, USD USA Tech 1 51.05 60.22 52.67 55.73 50.00 Tech 2 106 115 101 87.38 Tech 3 94.72 Tech 4 Weighted average 87.43 98.05 74.26 83.76 75.15
Asia Tech 1 41.91 43.23 45.77 42.25 45.35 Tech 2 122 92.92 84.88 Tech 3 114 82.17 Tech 4 Weighted average 71.88 78.84 68.16 60.20 62.69
Europe Tech 1 41.91 60.22 55.73 50.00 Tech 2 106 137 101 84.88 Tech 3 94.72 Tech 4 462 Weighted average 80.98 293 114 84.03 73.30
Production scrap, % USA Tech 1 1.20 1.26 1.21 Tech 2 1.67 1.40 1.41 Tech 3 Tech 4 Asia Tech 1 1.68 1.88 1.83 1.81 1.69 Tech 2 2.94 2.18 2.20 Tech 3 3.77 2.86 Tech 4
Logistics details
Tech 1, k units Company 1 Company 2 Company 3 Company 4 Company 5
USA Beginning inventory 3,761 3,556 4,779 4,621 0 Production 7,013 0 0 3,267 4,620 Contract manufacturing 0 0 0 0 0 Imported from Asia 0 0 0 0 0 Total products 10,774 3,556 4,779 7,888 4,620 Sales in USA -940 -775 -1,155 -790 -889 Exported to Asia 0 -133 -656 -592 -2,168 Exported to Europe 0 -525 0 -592 -1,150 Ending inventory 9,833 2,123 2,967 5,913 412 Unsatisfied demand 0 0 0 0 0
Asia Beginning inventory 0 0.00 0 0 0 Production 6,435 3,630 1,078 3,388 1,320 Contract manufacturing 432 0 0 0 0 Imported from USA 0 133 656 592 2,168 Total products 6,867 3,763 1,734 3,980 3,488 Sales in Asia -3,980 -3,763 -1,734 -3,980 -3,488 Exported to USA 0 0 0 0 0 Exported to Europe -507 0 0 0 0 Ending inventory 2,381 0 0 0 0 Unsatisfied demand 0 0 0 0 0
Europe Imported from USA 0 525 0 592 1,150 Imported from Asia 507 0 0 0 0 Total products 507 525 0 592 1,150 Sales in Europe -507 -525 0 -592 -1,150 Unsatisfied demand 0 0 0 0 0
Tech 2, k units Company 1 Company 2 Company 3 Company 4 Company 5
USA Beginning inventory 0 2,278 640 7,288 0
Production 2,338 0 0 792 1,980 Contract manufacturing 1,778 0 0 0 0 Imported from Asia 0 0 0 0 0 Total products 4,116 2,278 640 8,080 1,980 Sales in USA -1,803 -1,706 0 -1,321 -1,829 Exported to Asia -931 0 0 -1,303 0 Exported to Europe -779 0 0 -1,015 0 Ending inventory 603 572 640 4,440 151 Unsatisfied demand 0 0 0 0 0
Asia Beginning inventory 0 0 1,777 0 0 Production 715 0 0 880 5,280 Contract manufacturing 750 0 0 0 0 Imported from USA 931 0 0 1,303 0 Total products 2,396 0 1,777 2,183 5,280 Sales in Asia -2,396 0 0 -2,183 -2,726 Exported to USA 0 0 0 0 0 Exported to Europe 0 0 -1,402 0 -2,314 Ending inventory 0 0 375 0 240 Unsatisfied demand 0 0 0 0 0
Europe Imported from USA 779 0 0 1,015 0 Imported from Asia 0 0 1,402 0 2,314 Total products 779 0 1,402 1,015 2,314 Sales in Europe -779 0 -1,402 -1,015 -2,314 Unsatisfied demand 0 0 0 0 0
Tech 3, k units Company 1 Company 2 Company 3 Company 4 Company 5
USA Beginning inventory 0 2,832 Production 0 0 Contract manufacturing 0 0 Imported from Asia 0 0 Total products 0 2,832 Sales in USA 0 -1,220 Exported to Asia 0 0 Exported to Europe 0 -1,612 Ending inventory 0 0.00 Unsatisfied demand 0 0
Asia Beginning inventory 18.57 0 Production 2,360 2,772 Contract manufacturing 1,459 0 Imported from USA 0 0 Total products 3,837 2,772 Sales in Asia -3,837 -2,772 Exported to USA 0 0 Exported to Europe 0 0 Ending inventory 0 0 Unsatisfied demand 4,474 3,113
Europe Imported from USA 0 1,612 Imported from Asia 0 0 Total products 0 1,612 Sales in Europe 0 -1,612 Unsatisfied demand 0 112
Tech 4, k units Company 1 Company 2 Company 3 Company 4 Company 5
USA Beginning inventory 0 Production 0 Contract manufacturing 0 Imported from Asia 0 Total products 0 Sales in USA 0 Exported to Asia 0 Exported to Europe 0 Ending inventory 0 Unsatisfied demand 0
Asia Beginning inventory 880
Production 0 Contract manufacturing 0 Imported from USA 0 Total products 880 Sales in Asia 0 Exported to USA 0 Exported to Europe -723 Ending inventory 157 Unsatisfied demand 0
Europe Imported from USA 0 Imported from Asia 723 Total products 723 Sales in Europe -723 Unsatisfied demand 0
Cost report - Transportation cost incl. tariffs per sold product, USD
Company 1 Company 2 Company 3 Company 4 Company 5 USA Tech 1 0 0 0 0 0 Tech 2 0 0 0 0 Tech 3 0 Tech 4 Asia Tech 1 0 1.45 15.52 6.10 25.49 Tech 2 15.93 24.48 0 Tech 3 0 0 Tech 4 Europe Tech 1 8.30 12.60 12.60 12.60 Tech 2 12.60 8.30 12.60 8.30 Tech 3 12.60 Tech 4 8.30