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Info
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titleProcess Owner
Corporate Financial Function


Info
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titleD&PS Expert
Marie-Line Ardito



General Description

Overview of
GBU
the Group's Financial situation with
quick reference
an highlight on Net Sales,
Contribution Margin, Fixed Costs, Underlying Ebitda, CAPEX, Working Capital,
Underlying EBITDA, Net Income, CAPEX, Free Cash Flow and Simplified Cash Flow.
It provides the previous month's result comparing with BFR
and the month before (M-2). There is a table below containing the various elements example contribution margin - product market, fixed costs, non variable costs. It compares the amount for last 3 months against reporting month's budget, providing as well YTD Actual/Budget/Delta, QTD Actual/Budget/Delta by selected quarter.
or Budget or Restated (see Comparaison rule)



Info
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titleTarget Users
  • Comex
  • Controlling
  • Finance


Info
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titleAuthorization & Rights
All the accesses must be validated by:
Corporate Finance - point 1 and 3
GBU Finance Director + copy to
Corporate Finance
- point 2
1 .Lead FD Role (specific role)
2 .1 GBU / Legal Entities (of the GBU)
3 .Multi GBUs / Legal Entities
Access form



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Key Figure ExampleExamples
  • Total of actual "Net Sales" (Key figures) in M€ for the Month or Quarter (according to actual month)
  • Total of Budget, BFR, or restated in M€ (according to actual month) - See description of Comparison Rule
    )
  • Delta (in percentage) between the actual and its comparison.
  
Comparison Rule
  • .

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  • Total of actual & historical (Y-1) on Net Sales in M€ per operating segment and according to actual month on quarter (in left) by Operating Segment.
  • Total of actual & historical (Y-1) on Underlying EBITDA in M€ per operating segment and according to actual month or quarter (in right) by Operating Segment.


Comparaison rule



Note
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titlePhases Details

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Actual
Current Year's results
Restated
Previous Year's (Y-1) results based on Current Year's structure and rate
Historical
Previous Year's (Y-1) Official results published
Budget
Official forecast for Current Year defined in October Previous Year (Y-1)
BFR
4 re-forecast for Current Year : BFR03/BFR06/BFR09/BFR12 = (Official forecast for Current Year defined in October Previous Year - Total Actual Q1+Q2+Q3)



  • Free Cash Flow
    • Manual Files Update
  • Monthly
    • Actual Delta working capital others
    • Actual Tax cash out
    • Actual Provisions cash out
    • Actual Others & Disc. op
    • Actual Free cash flow
    • Quarterly
  • BFR
    • Historical
    Sources
     
    BFC
    All except below listed managed by Corporate Finance
    Manual Files
    • BFR  – quarterly basis
    • WACC Corporate – updated by the Corporate Finance
    • WACC GBUs – updated by the Corporate Finance
    • Tax Rate – updated by the Corporate Finance
    • Maintenance
    Rate
    • rate – updated by the Corporate Finance
    • Free cash flow – updated by the Corporate Finance. Actual by month, Historical by quarter, budget of the Year and BFR by month :
        • Delta working capital others
      Historical
        • Tax cash out
      Historical
        • Provisions cash out
      Historical
        • Others & Disc.
      op
    • Historical Free cash flow
    • Yearly
      • Budget
      • Refresh Frequency
      4th to 25th of each month with below listed different validations by Corporate Finance
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        • opFree cash flow