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Primary Model Developer: BPM Financial Modelling Cover Notes: Provides a practical example of the modelling of live, three-way financial statements.
Table of Contents
Financial Statements Modelling Exercise
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Page 3
4 6 7
2. Financial Statements
a. Income Statement b. Balance Sheet c. Cash Flow Statement
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9 10 11
3. Appendices
3.1. Lookup Tables
a. Time Series Lookup Tables
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13
14
3.2. Checks
a. Checks - Error Checks - Sensitivity Checks - Alert Checks
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18 20
Total Pages:
Assumptions
Section 1.
Financial Statements Modelling Exercise
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Section Cover Notes: This section contains assumptions relating to the forecasting of financial statement items. Assumptions are contained within the Time Series worksheet, Opening Balance Sheet worksheet and the Project Assumptions worksheet.
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Notes: - A Financial Year End assumption of 28th of February is assumed to be a month end financial year end, even in a leap year. - The "Model Denomination" assumption will not necessarily automatically change the denomination of the outputs of this model. - A "Budget Period" refers to either a period in the current financial year or periods containing combined actual and forecast data. - "Data & Projections - Timing Assumptions" are used as the basis for related data and projections time series sheets. - Use the bpmToolbox "Update Time Series Columns" tool to hide inactive data and projections time series periods.
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Non-Current Assets
PP&E Intangibles Deferred Tax Assets Other Non-Current Assets Total Non-Current Assets 250.0 100.0 5.0 12.0 367.0 432.0
Non-Current Liabilities
Debt Deferred Tax Liabilities Other Non-Current Liabilities Total Non-Current Liabilities 196.0 12.0 6.0 214.0
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Projected Assumptions
Financial Statements Modelling Exercise
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Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
Base Period Periodic Growth Rates (% per Year) 27.0 2.5% 2.5% 2.5% 7.0 1.0 7.5 1.3 8.0 1.5 8.5 1.8
Assets
Depreciation & Amortisation Assumptions
Depreciation - PP&E Depreciation - Intangibles % of Capex % of Capex 90.0% 95.0% 90.0% 95.0% 90.0% 95.0% 90.0% 95.0% 90.0% 95.0%
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Financial Statements
Section 2.
Financial Statements Modelling Exercise
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Section Cover Notes: Contains live, linked three-way financial statements (Income Statement, Balance Sheet & Cash Flow Statement).
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Income Statement
Financial Statements Modelling Exercise
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Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
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Balance Sheet
Financial Statements Modelling Exercise
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Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
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Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
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Appendices
Section 3.
Financial Statements Modelling Exercise
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Lookup Tables
Sub-Section 3.1.
Financial Statements Modelling Exercise
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Names
LU_Mth_Days
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Month Names
Month Names January February March April May June July August September October November December
Names
LU_Mth_Names
Denomination
Denomination $Billions $Millions $'000 $
Names
LU_Denom Billions Millions Thousands Currency
Names
LU_Data_Term_Basis
Periodicity
Periodicity Annual Semi-Annual Quarterly Monthly
Names
LU_Periodicity Annual Semi_Annual Qtrly Mthly
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Names
LU_Period_Type_Names Yr_Name Half_Yr_Name Qtr_Name Mth_Name
Periods In Year
Periods In Year 1 2 4 12
Names
LU_Pers_In_Yr Yrs_In_Yr Halves_In_Yr Qtrs_In_Yr Mths_In_Yr
Conversion Factors
Conversion Factors 10 100 1,000 1,000,000 1,000,000,000
Names
Ten Hundred Thousand Million Billion
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Checks
Sub-Section 3.2.
Financial Statements Modelling Exercise
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Checks
Financial Statements Modelling Exercise
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Error Checks
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Error Checks
Error Checks Balance Sheet Total Errors: Check Include? Yes Flag -
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Checks
Financial Statements Modelling Exercise
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Sensitivity Checks
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Sensitivity Checks
Sensitivity Checks Total Sensitivities: Check Include? Flag -
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Checks
Financial Statements Modelling Exercise
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Alert Checks
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Alert Checks
Alert Checks Opening Balance Sheet Assumptions Total Alerts: Check Include? Yes Flag -
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