Corporate Financial Function
Marie-Line Ardito

General Description

Cash Flow Return On Capital Invested is a simple indicator to measure capital profitability :
Recurrent Cash Flow vs Capital Invested
    • Weighted Average Cost of Capital (Economic Value Added) for the group and for the GBU based on full year Y-1
    • Historical of percentage of CFROI and total of WACC (EVA) for Y-1.
    •  Detailed table from Underlying EBITDA to EVA is available by GBU and by Operating Segment.
  • 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
CFROI Indicators

Annualized:
[01] = 12 * [01];
[02] = 6 * ([01] + [02])
[M] = 4 * ([M-2] + [M-1] + [M])

 

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