Corporate Financial Function
Marie-Line Ardito

General Description

Overview of GBU's Financial situation with quick reference on Net Sales, Contribution Margin, Fixed Costs, Underlying Ebitda, CAPEX, Working Capital, 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.
  • 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
Key Figure Example
  • 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

Sources 
BFC
All except below listed managed by Corporate Finance
Manual Files
  • BFR
  • WACC Corporate
  • WACC GBUs
  • Tax Rate
  • Maintenance Rate
  • 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 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