Tài liệu Corporate finance Part 3- Chapter 2 pdf
Tài liệu Corporate finance Part 3- Chapter 2 pdf
... or 25 .0 0.0 15.0 40.17
Spain
5
25 –48.0 20 .0–48.0 20 –48.0 35.0
France 50
6
26 .0 25 .0 35.43
Italy 12. 5 12. 5 or 27 .0 12. 5 40 .25
Netherlands 25 .0 0.0
7
30.0 34.5
UK 40.0 40.0 20 .0 30.0
USA 38.6 20 .0 ... 127 127 127 127
À Interest expense 0 15 35 60
¼ Pre-tax profit 127 1 12 92 67
À Corporate income tax 44 39 32 23
¼ Net profit 83 73 60 44
Income tax:
On dividends/ca...
Tài liệu Corporate finance Part 1- Chapter 2 ppt
... (C
¼
m):
20 01 20 02 2003
Sales 25 6 326 422
Raw materials used 78 104 143
Personnel cost 1 02 139 190
Operating income 41 52 59
Net income 23 27 30
Shareholders’ equity 119 129 1 52
Net bank borrowings 42 ... microeconomics.
Chapter 9 Margin analysis: Structure
161
3 For year 20 05, the first
ratio is
20 05 sales
Average 20 05 headcount
,
Average 20 05 headcount
being equal t...
Tài liệu Corporate finance Part 3- Chapter 1 ppt
... issue: 27 March 20 02
Settlement date: 27 March 20 02
Maturity: 5 years
Annual coupon: 6% – i.e., C
¼
60 per bond payable in one instalment
on March 27 of each year, with the first payment
on 27 March ... for 5, 10 and 20 years:
Present value of a cash flow of 10 for 5 years 10 years 20 years To perpetuity
At 15% 33.5 50 .2 62. 6 66.7
At 10% 37.9 61.4 85.1 100
At 5% 43.3 77 .2 124...
Tài liệu Corporate finance Part 4- Chapter 2 pptx
... Association of Corporate Treasurers:
www.treasurers.org
General:
J. Graham, C. Harvey, The theory and practice of corporate finance: Evidence from the field, Journal
of Financial Economics, 60 (2 3), 179–185, ... 179–185, June 20 01.
M. Dolfe, European Cash Management: A Guide to Best Practice, John Wiley & Sons, 1999.
R. Cooper, Corporate Treasury and Cash Management, Palgrave Ma...
Tài liệu Corporate finance Part 4- Chapter 1 pdf
... 10.1
Other retail 11 —
Media 11 .2 10 .2
Food and beverage 11.5 10.5
Luxury 12 10 .2
Utilities 12. 1 —
Pharmaceuticals 12. 2 10.9
Transportation 12. 8 11.4
Cosmetic 14.1 12. 4
All sectors 9.3 —
Source: ... will leave to join rival
849
Chapter 41 Choice of corporate structure
1 Leveraged Buy
Outs.
1998 20 04 20 02 20 04 – transactions
above C
¼
100m
(%) (%)
France 12. 3 21 .0
Germany...
Tài liệu Corporate finance Part 1- Chapter 1 ppt
... analysis
Exercises
1/Boomwichers NV
Period 20 05 20 06 20 07 20 08 20 09 20 10
Operating inflows 165 20 0 24 0 28 0 320 360
Operating outflows 165 175 180 185 180 190
Operating cash flows 0 25 60 95 140 170
Investments 20 0 0 0 0 0 ... concepts in financial analysis
24
20 05 20 06 20 07 20 08 20 09
Jun Dec Jun Dec Jun Dec Jun Dec Jun Dec
1 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0 .2 0.1...
Tài liệu Corporate finance Part 2- Chapter 1 pdf
... 17,716 194,8 72
2003 194,8 72 19,487 21 4,359
20 04 21 4,359 21 ,436 23 5,795
20 05 23 5,795 23 ,579 25 9,374
29 1
Chapter 16 The time value of money and net present value
If we keep doing
this until 20 05, we
obtain ... ¼ (1)þ (2)
1996 100,000 10,000 110,000
1997 110,000 11,000 121 ,000
1998 121 ,000 12, 100 133,100
1999 133,100 13,310 146,410
20 00 146,410 14,641 161,051
2...
Tài liệu Corporate finance Part 2- Chapter 2 pdf
... Jan- 02 Feb- 02 Mar- 02 Apr- 02 May- 02 Jun- 02 Jul- 02
Fiat 24 .8 25 .6 25 .3 18.5 17.1 17.9 17.8 17.3 14.8 16 13.1 12. 9 12. 9
Italian index 1650 1611 1509 125 6 13 42 1400 1433 1437 1 426 1503 14 62 1371 128 5
2/ A ... the Fiat share: 12. 9 /24 .8 À 1 ¼À48%. Returns on the Italian index:
1 ,28 5/1,650 À 1 ¼ 22 %. Fiat risk ¼ 10 .25 %. Index risk ¼ 6.55%; ¼ 0. 82;
53% ¼...
Tài liệu Corporate Finance handbook Chapter 2 docx
... trade finance and documentation,
consult: Curmi, G. (20 01): International Trade Finance and Documentation,
in Reuvid, J. (ed): A Handbook of World Trade, Kogan Page, London.
62 Debt Finance
2. 2
Asset-based ... structured business
finance provides is highly attractive to the corporate finance team
involved in arranging the overall deal. Structured business finance
can provid...
Tài liệu Corporate Finance handbook Chapter 3 ppt
... 44 51 72 4 5 6 99 137 131 1 2 4
Refinancing bank debt 6 7 5 – 1 – 11 39 3 – 1 –
Total expansion 548 539 561 46 49 50 2, 122 1,156 822 33 19 22
MBO 190 25 5 21 8 16 23 20 3 ,29 7 4 ,28 2 2, 129 52 69 56
MBI ... 10 175 128 111 3 2 3
Other early stage 25 6 159 126 22 14 11 528 21 9 177 8 4 5
Total early stage 409 26 0 24 1 35 23 21 703 347 28 8 11 6 8
Expansion 498 481 484...