{
  "investment": {
    "returns": {
      "method": "provided",
      "moic": 1.83,
      "annualizedPercent": 22.5,
      "source": "Indicadores fijos del ejemplo original. No calculados desde el puente; se desconoce el calendario de flujos."
    },
    "visible": true,
    "margin": {
      "top": 32,
      "right": 20,
      "bottom": 64,
      "left": 56
    },
    "domainHeadroom": 1.1,
    "axisInkPadding": 0,
    "colors": {
      "total": "blue",
      "positive": "emerald",
      "negative": "red"
    },
    "connector": {
      "visible": true,
      "color": "border",
      "width": 1,
      "dash": "3,3"
    },
    "currency": {
      "largeSuffix": "B",
      "threshold": 1000
    },
    "annotation": {
      "fontSize": 12,
      "rightOffset": 160,
      "y": -6,
      "irrLabel": "IRR",
      "irrSuffix": "%",
      "moicLabel": "MOIC",
      "moicSuffix": "x",
      "gap": 12
    }
  },
  "version": "xarts.waterfall/1",
  "family": "waterfall",
  "provenance": {
    "legacyId": "lboreturns"
  },
  "data": {
    "rows": [
      {
        "step": "Entry Multiple",
        "value": 2400,
        "kind": "opening"
      },
      {
        "step": "EBITDA Growth",
        "value": 680,
        "kind": "delta"
      },
      {
        "step": "Margin Expansion",
        "value": 320,
        "kind": "delta"
      },
      {
        "step": "Debt Paydown",
        "value": 540,
        "kind": "delta"
      },
      {
        "step": "Multiple Expansion",
        "value": 460,
        "kind": "delta"
      },
      {
        "step": "Exit Multiple",
        "value": 4400,
        "kind": "total"
      }
    ]
  },
  "encoding": {
    "step": "step",
    "value": "value",
    "kind": "kind"
  },
  "calculation": {
    "type": "bridge",
    "totals": "verify-or-compute",
    "stack": "diverging",
    "tolerance": 0.005
  },
  "layout": {
    "orientation": "vertical",
    "bandPadding": 0.25
  },
  "marks": {
    "colorBy": "sign",
    "colorMap": {},
    "radius": 0,
    "opacity": 0.9
  },
  "labels": {
    "secondary": "none",
    "visible": true,
    "segments": false,
    "decimals": 1,
    "divisor": 1,
    "prefix": "$",
    "suffix": "M",
    "fontSize": 11
  },
  "axes": {
    "valueTitle": "",
    "grid": true,
    "ticks": 5
  },
  "groups": {
    "visible": false
  },
  "legend": {
    "visible": false
  },
  "summary": {
    "metric": "none",
    "label": ""
  },
  "annotations": [],
  "document": {
    "header": {
      "title": "LBO Returns Analysis",
      "subtitle": "IRR decomposition by value creation lever"
    },
    "footer": {
      "source": "xarts · demo data",
      "notes": "Illustrative data to explore the chart and replace with your own."
    },
    "spacing": {
      "horizontalPadding": 24,
      "topPadding": 22,
      "bottomPadding": 16,
      "minimumTextGap": 4
    }
  },
  "output": {
    "filename": "lboreturns",
    "embedSpec": true,
    "geometryDecimals": 2
  },
  "presentation": {
    "theme": "anlak",
    "dimensions": {
      "width": 800,
      "height": 500
    },
    "locale": "en-US",
    "fonts": "reference",
    "surface": "theme",
    "framePadding": 24
  }
}