Calculating terminal cash flow is a complicated process. There are a lot of different figures to account for. Before you start your calculations make sure you have all the needed information. You will want these in front of you when you start doing the math. For more in depth instructions go to
. http://www.openlearningworld.com/olw/courses/books/Mergers%20&%20Acquisitions/Chapter%205/Terminal%20Values.html