Corporate Financial Function


Marie-Line Ardito



General Description

Simplified Cash Flow is one of the elements of the Cash section.
Presentation of the Actuals (M€ or K€ according to selection) of the selected period using :
  • a bridge chart from Underlying EBITDA to the Simplified Cash Flow with the detail of CAPEX, Delta Industrial Working Capital, Earnings from associates and joint ventures, Dividends from JV entity, Restructuring in cash out and other.
  • a detailed table with the same indicators by Operating Segment, Group of GBU, GBU, Group of Activities, Sub Activities, Legal Entities, Zones



  • 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



Simplified Cash Flow Indicators



Actual
Current Year's results



Simplified Cash Flow Calculation



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