Profit & Loss - Fixed Costs

General Description
Fixed Costs is one of the elements of the Profit & Loss section. A comparison of Fixed Costs Actuals results of the selected quarter's or selected month's versus Budget or Budget Y+1 (when available) and/or BFR using : a bar chart a detailed table containing the total of Fixes Costs for each phase (according to selection – actual per default) and delta

Target Users

Comex
Controlling
Finance

Authorization & 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

Underlying EBITDA - Indicators

Phases Details

Actual	Current Year's results
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)

BFC Flows
F99	CLOSING BALANCE
F99AJ	Adjusted
FA99EX	Exceptional
RS99	Closing RSB
RS80	Foreign exchange Gain/Loss
F20	INCREASE
F23	CAPITALIZED INTERESTS
F53	INTERNALLY GENERATED FIXED ASSETS
F15	VARIATION
RS100	RSB - Dec Tx Current Month
F06	DIVIDENDS PAID
RS50	RECLASSIFICATION
C04	NET BOOK VALUE (NBV)
Annualized [01] = 12 x [01]; [02] = 6 x ([01] + [02]); [03] = 4 x ([M-2] + [M-1] + [M])

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 – 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
- Tax cash out
- Provisions cash out
- Others & Disc. opFree cash flow

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Profit & Loss - Fixed Costs

Corporate Financial Function

Marie-Line Ardito

Fixed Costs is one of the elements of the Profit & Loss section.

A comparison of Fixed Costs Actuals results of the selected quarter's or selected month's versus Budget or Budget Y+1 (when available) and/or BFR using :

a bar chart

a detailed table containing the total of Fixes Costs for each phase (according to selection – actual per default) and delta

Comex

Controlling

Finance

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

Actual

Current Year's results

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)

F99

CLOSING BALANCE

F99AJ

Adjusted

FA99EX

Exceptional

RS99

Closing RSB

RS80

Foreign exchange Gain/Loss

F20

INCREASE

F23

CAPITALIZED INTERESTS

F53

INTERNALLY GENERATED FIXED ASSETS

F15

VARIATION

RS100

RSB - Dec Tx Current Month

F06

DIVIDENDS PAID

RS50

RECLASSIFICATION

C04

NET BOOK VALUE (NBV)

Annualized

[01] = 12 x [01];

[02] = 6 x ([01] + [02]);

[03] = 4 x ([M-2] + [M-1] + [M])

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 – 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

Tax cash out

Provisions cash out

Others & Disc. opFree cash flow