GBN s 9 th International Benchmarking Conference Innovation & Benchmarking for Sustainability 17 th December Dubai Le Meridian Hotel Dubai

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "GBN s 9 th International Benchmarking Conference Innovation & Benchmarking for Sustainability 17 th December Dubai Le Meridian Hotel Dubai"

Transcription

1 GBN s 9 th International Benchmarking Conference Innovation & Benchmarking for Sustainability 17 th December Dubai Le Meridian Hotel Dubai Global Sustainability Challenges and GBN Sustainability Tool Fraunhofer-Institute for Production Systems and Design Technology (IPK) Berlin Prof. Dr.-Ing. Holger Kohl Director Division Corporate Management Fraunhofer IPK

2 Budget Applied research Fraunhofer An international innovation driver Fraunhofer at a glance Goal: Promoting and conducting applied research for the benefit of private and public enterprises and society as a whole. 2 Bn Approx employees 1.7 Bn Infrastructure and defense research 28% base funding from Bund and Länder (2013) More than 72% revenue from industrial and contract research 66 institutes and Research units Fraunhofer IPK 2013

3 Fraunhofer International Engagement Glasgow Göteborg San José Dublin Brüssel Wrocław Southampton Wien Budapest Vancouver Paris Graz Bozen Hamilton Porto Londo East n Boston Lansing Plymouth Newark College Park Kairo Zur Lavon Jerusalem Dubai Peking Seoul Sendai Tokio Osaka Bangalore Kuala Lumpur Singapur 107 Mio >10 Mio 8-10 Mio 4-8 Mio 1-4 Mio Salvador Campinas São Paulo Santiago de Chile Stellenbosch Pretoria Jakarta Niederlassung Center Project Center ICON / Strategische Kooperation Repräsentanz- / Marketingbüro Senior Advisor Fraunhofer

4 Two major sustainability challenges for the 21 st century Environmental challenge: staying within planetary boundaries Chemical pollution Climate change Ocean acidificati on Social challenge: eradicating global poverty Atmospheric aerosol loading Stratospheri c ozon depletion Biodiversity loss Change in land use Global freshwater use Nitrogen cycle Phosphoru s cycle Source: Rockström et al Source: Worldbank th November 11 th December 2015: United Nations Framework Convention on Climate Change, Paris, France 25 th September 27 th September 2015: United Nations Summit to adopt the post-2015 development agenda, New York, USA Fraunhofer

5 Economical, environmental and social challenge Nation sizes to GDP ratio in USD Nation sizes to greenhouse gas emissions ratio Nation sizes to population ratio Fraunhofer

6 Acceptable living standard Consumption of resources Quality of life and consumption of resources Industrialised countries Irresponsible development path: Wealth for all people relying on present technologies Emerging countries Responsible consumption of resources Acceptable living standard with responsible consumption of resources Quality of life Source: [Seliger, 2010] Fraunhofer

7 Prosperity for everybody? How to design and manufacture products and services opening up hungry markets, avoiding bad investments in saturated markets, increasing human wealth on global level within conditions of ecological resource availability Change in existing process paradigms from economies of scale to economies of scope, to more benefit for more people with less resources. Fraunhofer

8 Triple Bottom Line of Sustainability Sustainable Development

9 Key Sustainability Indicators (1/3) Economic Sustainability Perspective Subject Area BenchmarkIndex Indicators Innovative Key Indicators Sample Calculation Economic Sustainability Return on Capital Employed (ROCE) Working capital turnover Gross gearing Net profit growth Percentage of orders rejected during warranty period Taxes paid (or the percentage paid in taxes on revenues) [Profit before tax / (Long-term loans + Other long-term liabilities + Shareholders' funds)] Operating Revenue / [(Trade debtors + Stock + Cash in bank and in hand) (Trade creditors + Other current liabilities)] [(Short-term loans + Long-term loans) / Shareholders' funds] x 100 [(Profit before tax Profit before taxprev year) / Profit before taxprev year] x 100 Taxation / Operating Revenues * 100 (Percentage of orders rejected / Number of orders received) x 100 Satisfaction of employees Nr. of terminations of employment / nr. of employees * 100 Average staff cost per employee Delivery schedule deviation Costs of employees / nr. of employees (Number of customer orders which were not delivered when promised / Number of orders received) x 100

10 Key Sustainability Indicators (2/3) Ecological Sustainability Perspective Subject Area BenchmarkIndex Figures Innovative Key Figures Sample Calculation Number of new products with sustainability features per year Nr. of new products with sustainability features / nr. of new products * 100 Locations with eco-balances Locations with eco-balances / nr. of locations * 100 Sales generated per square meter Operating Revenues / Square Meters of Premises Floor Space Ecological Sustainability Pollution (air) Pollution (water) Waste Pollution (km3) Pollution (l) Waste (t) Recycling rate Recyclable waste / waste (t) * 100 Consumption of resources (water) Consumption of resources (energy) Consumption (l) Consumption (MWh)

11 Key Sustainability Indicators (3/3) Social Sustainability Perspective Subject Area BenchmarkIndex Figures Innovative Key Figures Sample Calculation Staff costs as a percentage of sales Employees with formal workrelated qualifications per FTE employee New employees per FTE employee (Staff costs / Operating Revenue) x 100 Number of FTE employees with formal work-related qualifications / Number of FTE employees x 100 (Number of new FTE employees / Number of FTE employees) x 100 Social Sustainability Proportion of women executives Nr. of female executives / nr. of executives * 100 Earnings ratio men / women Percentage of employees over 50 years Costs of male employees / costs of female employees * 100 Nr. of employees (50+) / nr. of employees * 100 Share trainee Nr. of trainees / nr. of employees * 100 Number of jobs created Expenses for health care and safety precaution Nr. of employees (act. year) - nr. of employees (last year) Expenses for health care and safety precaution

12 Screenshots from the Tool (1/3) Welcome Page

13 Screenshots from the Tool (2/3) Start Interface

14 Screenshots from the Tool (3/3) Data Input

15 Output (1/2) Benchmark Report

16 Output (2/2) Benchmark Results

17 Research Institutes Universities Dubai Institute of Technology (DIT) DIT was founded in 2008 to support Dubai in becoming a leading place in the world for R&D activities. Fraunhofer IPK supported DIT in creating an Ecosystem that supports Science, Technology & Innovation to lead the region towards a value-based sustainable knowledge economy. Research Area Major Topics W Water Water Desalination Water Treatment Integrated Water Management H Health Medical Technologies Biotechnology Health Management E Energy Renewable Sources of Energy Sustainable Fossil Fuels Energy Efficient Management E Engineering Production Technology Sustainable Manufacturing Engineering Management L Logistics / Mobility Intelligent Transport Systems Global Logistics Logistics Management Fraunhofer IPK

18 Planning of the RTI Park in Sharjah American University of Sharjah Plan for the development and implementation of the American University of Sharjah project for a RTI Park (Research, Technology and Innovation) Duration: 6 Monate Area: 1.7 sqkm Fraunhofer IPK

19 Bild: Fraunhofer IPK/Konstantin Heß Prof. Dr.-Ing. Holger Kohl Director Division Corporate Management Fraunhofer IPK Thank you for your kind attention.

An Introduction to Fraunhofer Gesellschaft and Fraunhofer USA Patrick Bressler

An Introduction to Fraunhofer Gesellschaft and Fraunhofer USA Patrick Bressler An Introduction to Fraunhofer Gesellschaft and Fraunhofer USA Patrick Bressler The Fraunhofer-Gesellschaft at a Glance The Fraunhofer-Gesellschaft undertakes applied research of direct utility to private

More information

Global Cooperation on Climate Technology TNA: Improvement of collaborative research and development of environmentally sound technologies (ESTs)

Global Cooperation on Climate Technology TNA: Improvement of collaborative research and development of environmentally sound technologies (ESTs) Global Cooperation on Climate Technology TNA: Improvement of collaborative research and development of environmentally sound technologies (ESTs) Eicke R. Weber, Fraunhofer-Institute for Solar Energy Systems

More information

International Benchmark»Industrie 4.0«

International Benchmark»Industrie 4.0« Prof. Dr.-Ing. Dr.-Ing. E.h. Dr. h.c. Dr. h.c. F. Klocke, Chair for Manufacturing Technology, RWTH Aachen Image: Fotolia, Sergey Nivens International Benchmark»Industrie 4.0«World-wide business environment

More information

Associated Files: Ratios worksheet

Associated Files: Ratios worksheet Unit 4 Business accounting Ratios Instructions and answers for Teachers These instructions should accompany the OCR resource Ratios which supports the OCR Level 3 Cambridge Technicals in Business Unit

More information

SUSTAINABLE CITIES INDEX. Moving towards a more sustainable city

SUSTAINABLE CITIES INDEX. Moving towards a more sustainable city SUSTAINABLE CITIES INDEX Moving towards a more sustainable city We are living in the Age of the City 54% of world population 70-80% of economic output 80% of energy consumption 80% of greenhouse gas production

More information

Ratio Analysis. A) Liquidity Ratio : - 1) Current ratio = Current asset Current Liability

Ratio Analysis. A) Liquidity Ratio : - 1) Current ratio = Current asset Current Liability A) Liquidity Ratio : - Ratio Analysis 1) Current ratio = Current asset Current Liability 2) Quick ratio or Acid Test ratio = Quick Asset Quick liability Quick Asset = Current Asset Stock Quick Liability

More information

Financial Statements and Ratios: Notes

Financial Statements and Ratios: Notes Financial Statements and Ratios: Notes 1. Uses of the income statement for evaluation Investors use the income statement to help judge their return on investment and creditors (lenders) use it to help

More information

Using Accounts to Interpret Performance

Using Accounts to Interpret Performance Using s to Interpret Performance ing information is used by stakeholders to judge the performance and efficiency of a business Different stakeholders will look for different things: STAKEHOLDER Shareholders

More information

Key Performance Indicators

Key Performance Indicators Key Performance Indicators A guide to help you understand the key financial drivers in your business Running any business effectively requires good decision making which is based on good and timely management

More information

Ratio Analysis CBDC, NB. Presented by ACSBE. February, 2008. Copyright 2007 ACSBE. All Rights Reserved.

Ratio Analysis CBDC, NB. Presented by ACSBE. February, 2008. Copyright 2007 ACSBE. All Rights Reserved. Ratio Analysis CBDC, NB February, 2008 Presented by ACSBE Financial Analysis What is Financial Analysis? What Can Financial Ratios Tell? 7 Categories of Financial Ratios Significance of Using Ratios Industry

More information

Guidance on Accounting Elements

Guidance on Accounting Elements Guidance on Accounting Elements OCR GCE in Business Studies August 2012 The following guidance has been prepared in order to assist centres in the preparation of their candidates for the accounting elements

More information

NORWAY S SOVEREIGN WEALTH FUND

NORWAY S SOVEREIGN WEALTH FUND GOVERNMENT PENSION FUND GLOBAL NORWAY S SOVEREIGN WEALTH FUND AGE BAKKER, CHIEF OPERATING OFFICER REGIONAL NETWORK NORTH TROMSØ, 26.05.2014 OUR MISSION IS TO SAFEGUARD AND BUILD FINANCIAL WEALTH FOR FUTURE

More information

A transition to a Green Economy - A change in paradigm or greener shade of brown?

A transition to a Green Economy - A change in paradigm or greener shade of brown? A transition to a Green Economy - A change in paradigm or greener shade of brown? Eva Alfredsson, PhD Growth Analysis Global Challenge (Think tank) Rio 1992 Rio 2012 From focusing on the pattern of consumption

More information

FRAUNHOFER-INSTITUT FÜR SOLARE ENERGIESYSTEME ISE

FRAUNHOFER-INSTITUT FÜR SOLARE ENERGIESYSTEME ISE FRAUNHOFER-INSTITUT FÜR SOLARE ENERGIESYSTEME ISE Öko Stadt Masdar City Dipl.-Ing. Arnulf Dinkel Fraunhofer Institut für Solare Energie Systeme ISE KFW Fachtagung: Energiewende im Verkehr: Handlungsbedarf

More information

balance Have you got the Find out the real value of your total reward

balance Have you got the Find out the real value of your total reward Have you got the balance Find out the real value of your total reward Reward Pinpoint will help you maximize the effectiveness of your reward program by giving you a complete global picture of the value

More information

RATIO ANALYSIS FORMULAS + THEORIES

RATIO ANALYSIS FORMULAS + THEORIES A) Cash Position Ratio : - 1) Absolute Cash Ratio = Cash Reservoir Current Liabilities 2) Cash Position to Total asset Ratio = Cash Reservoir * 100 (Measure liquid layer of assets) Total Assets 3) Interval

More information

is no To fill the critical gap between strategy and execution plan and performance you must have the right people in the right jobs

is no To fill the critical gap between strategy and execution plan and performance you must have the right people in the right jobs Winning is no accident Proven assessments of performance and potential to improve organizational leadership at every level To fill the critical gap between strategy and execution plan and performance you

More information

Consolidated balance sheet

Consolidated balance sheet Consolidated balance sheet Non current assets 31/12/2009 31/12/2008 (*) 01/01/2008 (*) Property, plant and equipment 1,352 1,350 1,144 Investment property 7 11 11 Fixed assets held under concessions 13,089

More information

Setting Up Business Operations in Germany: Company Establishment, Corporate Taxation and Incentives

Setting Up Business Operations in Germany: Company Establishment, Corporate Taxation and Incentives Chris Schmidt - istockphoto Setting Up Business Operations in Germany: Company Establishment, Corporate Taxation and Incentives Udo Sellhast, Senior Manager Tax & Legal Services, Germany Trade & Invest

More information

Definitions of green jobs used in the employment and environment policy context. International Labour Office Department of Statistics

Definitions of green jobs used in the employment and environment policy context. International Labour Office Department of Statistics Definitions of green jobs used in the employment and environment policy context Introduction Concepts of the green economy and green jobs are relatively new concepts Climate change, environmental degradation

More information

Weiterbildung. further education formation continue ADVANCED TRAINING WITH FRAUNHOFER. continuing education. educación continua.

Weiterbildung. further education formation continue ADVANCED TRAINING WITH FRAUNHOFER. continuing education. educación continua. ACADEMY ADVANCED TRAINING WITH FRAUNHOFER continuing education pós-graduação Weiterbildung educación continua further education formation continue vidareutbildning Továbbképzés melanjutkan pendidikan formazione

More information

SESSION 07 INTERPRETATION OF FINANCIAL STATEMENTS PART 1. GDM Managing Finance

SESSION 07 INTERPRETATION OF FINANCIAL STATEMENTS PART 1. GDM Managing Finance SESSION 07 INTERPRETATION OF FINANCIAL STATEMENTS PART 1 GDM Managing Finance Accounting Management Accounting Financial Accounting Session 07 Synopsis 1. Objective of accounting 2. Users of accounting

More information

What Makes Cities Successful Randstad on the World Stage

What Makes Cities Successful Randstad on the World Stage What Makes Cities Successful Randstad on the World Stage 1966 7 World Cities London Moscow New York Paris Randstad Rhein-Ruhr Tokyo Today: JLL City Commercial Attraction Index Top 20 Population Economic

More information

Conclusions. Towards a green economy

Conclusions. Towards a green economy Conclusions Towards a green economy Conclusions Moving towards a green economy has the potential to achieve sustainable development and eradicate poverty on an unprecedented scale, with speed and effectiveness.

More information

The Interpretation of Financial Statements. Why use ratio analysis. Limitations. Chapter 16

The Interpretation of Financial Statements. Why use ratio analysis. Limitations. Chapter 16 The Interpretation of Financial Statements Chapter 16 1 Luby & O Donoghue (2005) Why use ratio analysis Provides framework Comparison to previous years Trends identified Identify areas of concern Targets

More information

Drivers of Innovation for Business Excellence Tools and Practices for implementing successful innovation

Drivers of Innovation for Business Excellence Tools and Practices for implementing successful innovation Drivers of Innovation for Business Excellence Tools and Practices for implementing successful innovation Driving Competitiveness Delivering Growth and Sustainable Jobs 29 th May 2013 Dublin Castle, Ireland

More information

Core is defined as all active partners, associates and employees. Inactive includes all partners, associates and employees that are long-term absent.

Core is defined as all active partners, associates and employees. Inactive includes all partners, associates and employees that are long-term absent. Responsible Business Report 2012/13 - Basis of Reporting The Basis of Reporting outlines the scope of each of the key performance indicators in our 2013 responsible business report covering the period

More information

RESOURCE EFFICIENCY SCOREBOARD DATA CENTRE ON NATURAL RESOURCES

RESOURCE EFFICIENCY SCOREBOARD DATA CENTRE ON NATURAL RESOURCES RESOURCE EFFICIENCY SCOREBOARD DATA CENTRE ON NATURAL RESOURCES NETGREEN thematic policy workshop 'Maximizing resource efficiency throughout the EU economy' 11 March 2015, CEPS, Brussels Evi Ford-Alexandraki

More information

Brain J. Dunn, CEO Richfield, Minnesota U.S Latest fiscal year: 2010 Best Buy is an American retailer that sells a wide variety of electronic

Brain J. Dunn, CEO Richfield, Minnesota U.S Latest fiscal year: 2010 Best Buy is an American retailer that sells a wide variety of electronic Current Shareholders in Best Buy should hold their stock until price increases, and new investors should not invest if looking for fast money, Best Buy s stock may not more until more economic growth occurs.

More information

Ratio Analysis 0.75. Fixed Assets Fixed Assets + Net Working Capital =0.75 Fixed Assets

Ratio Analysis 0.75. Fixed Assets Fixed Assets + Net Working Capital =0.75 Fixed Assets Ratio Analysis CA Past Years Exam Answer Answer to Q.1: (Nov, 009) Fixed assets ` 18,00,000 Proprietor s funds ` 4,00,000 Note: 1 Ratio of fixed assets to proprietor s funds 0.75 Properietors Fund 0.75

More information

Interpretation of Financial Statements

Interpretation of Financial Statements Interpretation of Financial Statements Author Noel O Brien, Formation 2 Accounting Framework Examiner. An important component of most introductory financial accounting programmes is the analysis and interpretation

More information

Financial Objectives

Financial Objectives Business Plan Financial Objectives The business plan financial objectives involve measuring financial performance to reflect the total operational performance. The aim in managing this performance should

More information

1.0 Ratio Analysis. 2.0 Uses of Ratios.

1.0 Ratio Analysis. 2.0 Uses of Ratios. 1 1.0 Analysis A financial ratio is a relationship of two values of financial statements. s basically are mathematical expressions, which are calculated to derive certain conclusion. The ratio may be expressed

More information

Discussion Board Articles Ratio Analysis

Discussion Board Articles Ratio Analysis Excellence in Financial Management Discussion Board Articles Ratio Analysis Written by: Matt H. Evans, CPA, CMA, CFM All articles can be viewed on the internet at www.exinfm.com/board Ratio Analysis Cash

More information

Using Business Intelligence to Achieve Sustainable Performance

Using Business Intelligence to Achieve Sustainable Performance Cutting Edge Analytics for Sustainable Performance Using Business Intelligence to Achieve Sustainable Performance Adam Getz Principal, About is a software and professional services firm specializing in

More information

Supplemental Information Earnings Call First-Quarter 2015

Supplemental Information Earnings Call First-Quarter 2015 Supplemental Information Earnings Call First-Quarter 2015 Q1 2015 Market Volume & FY Outlook JLL Research Investment volumes remain strong; outlook unchanged in local currency Market Volumes Capital Markets

More information

BAFS Elective Part Business Management Module Financial Management

BAFS Elective Part Business Management Module Financial Management Business Management Module Financial Management : Financial Analysis Ratio Analysis for Business Technology Education Section Curriculum Development Institute Education Bureau, HKSARG April 2009 Accounting

More information

PRODUCTIVITY & GROWTH

PRODUCTIVITY & GROWTH Productivity Financial Tools There are a number of financial tools that can be used to measure the financial performance and potential contribution of improvement projects to the productivity of a business.

More information

Teacher Resource Bank

Teacher Resource Bank Teacher Resource Bank GCE Accounting Other Guidance: ACCN2 Update on IAS ACCN3 Updates on IAS (July 2012). The Assessment and Qualifications Alliance (AQA) is a company limited by guarantee registered

More information

Indicators of Sustainable Development Principles and Practices

Indicators of Sustainable Development Principles and Practices Indicators of Sustainable Development Principles and Practices Division for Sustainable Development United Nations Department of Economic and Social Affairs Policy demand for SD indicators (UNCED) Chapter

More information

Business Level 3. Unit 4 Business accounting. Layout of a Balance Sheet. Task 1. Instructions and answers for Teachers

Business Level 3. Unit 4 Business accounting. Layout of a Balance Sheet. Task 1. Instructions and answers for Teachers Unit 4 Business accounting Layout of a Balance Sheet Instructions and answers for Teachers These instructions should accompany the OCR resource Layout of a Balance Sheet which supports the OCR Level 3

More information

The Green Road to Growth in South Korea: The Conditions for Success. Prof. Jae-Seung LEE Korea University

The Green Road to Growth in South Korea: The Conditions for Success. Prof. Jae-Seung LEE Korea University The Green Road to Growth in South Korea: The Conditions for Success Prof. Jae-Seung LEE Korea University Energy Situation in Korea: Overview Natural Resource is scarce. The 13 th largest economy (GDP)

More information

NORGES BANK INVESTMENT MANAGEMENT NIRI SAN FRANCISCO CHAPTER PRESENTATION TUESDAY 13TH MAY 2014 SPEAKER: HUGO SANDERS- HEAD OF CORPORATE ACCESS

NORGES BANK INVESTMENT MANAGEMENT NIRI SAN FRANCISCO CHAPTER PRESENTATION TUESDAY 13TH MAY 2014 SPEAKER: HUGO SANDERS- HEAD OF CORPORATE ACCESS NORGES BANK INVESTMENT MANAGEMENT NIRI SAN FRANCISCO CHAPTER PRESENTATION TUESDAY 13TH MAY 2014 SPEAKER: HUGO SANDERS- HEAD OF CORPORATE ACCESS Safeguarding financial wealth From natural resource to financial

More information

LEADing Practice Financial Scorecard Measurements

LEADing Practice Financial Scorecard Measurements LEADing Practice Financial Scorecard Measurements Scorecard Area Finance & Accounting Scorecard Group Accounting ratios Balance sheet Scorecard Performance Measurement Deferred revenue as % of total revenue

More information

Achieving Export Sales Growth

Achieving Export Sales Growth Achieving Export Sales Growth How Enterprise Ireland and its overseas network works with Irish exporting companies Angela Byrne Marketing & Sales Strategy Adviser Enterprise Ireland Finance 4 Growth Workshop

More information

Population, Health, and Human Well-Being-- Russian Federation

Population, Health, and Human Well-Being-- Russian Federation Population, Health, and Human Well-Being-- Federation EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 12,72 548,26 2,519,495 22 143,752 725,124

More information

Europe s 2050 environment agenda A transitions perspective

Europe s 2050 environment agenda A transitions perspective Europe s 2050 environment agenda A transitions perspective Wilson Center, Washington DC, October 30, 2014 Dr Hans Bruyninckx Executive Director, European Environment Agency (EEA) 1 Short introduction to

More information

FINANCIAL ACCOUNTING TOPIC: FINANCIAL ANALYSIS

FINANCIAL ACCOUNTING TOPIC: FINANCIAL ANALYSIS SYLLABUS Compulsory part Basic ratio analysis 1. State the general functions of accounting ratios. 2. Calculate and interpret the following ratios: a. working capital/current ratio, quick/liquid/acid test

More information

1. Following is the Balance Sheet of Rohit and Co. as on March 31, Amount Rs. Assets. 1,90,000 Fixed Assets

1. Following is the Balance Sheet of Rohit and Co. as on March 31, Amount Rs. Assets. 1,90,000 Fixed Assets 1. Following is the Balance Sheet of Rohit and Co. as on March 31, 2006 Liabilities Share Capital Assets 1,90,000 Fixed Assets 1,53,000 Reserves 12,500 Stock 55,800 Profit and Loss Bills Payables 22,500

More information

Financial/Accounting Analysis Ratios Excel Calculator

Financial/Accounting Analysis Ratios Excel Calculator User Guide Financial/Accounting Analysis Ratios Excel Calculator Dec 2008 Version 2 copyright 2008 Business Tools Templates Financial/Accounting Analysis Ratios Excel Calculator Financial Analysis Ratios

More information

Latin American Green City Index

Latin American Green City Index Latin American Green City Index World Mayors Summit on Climate Mexico City Leo Abruzzese Global Forecasting Director Economist Intelligence Unit Overview The Latin American Green City Index A unique Index

More information

THE NEF APPLICATION FORM R250 000 - R75 million

THE NEF APPLICATION FORM R250 000 - R75 million THE NEF APPLICATION FORM R250 000 - R75 million Name */ Male/Female Contribution Shareholding % (Pre-NEF funding) Shareholding % (Post-NEF funding) TOTAL D D M M Y Y Y Y PARTICIPATION IN: Current Future

More information

Article - Working Capital Management By Bernard Vallely FCCA MBA Examiner Professional 1 Managerial Finance & Professional 2 Financial Management

Article - Working Capital Management By Bernard Vallely FCCA MBA Examiner Professional 1 Managerial Finance & Professional 2 Financial Management Article - Working Capital Management By Bernard Vallely FCCA MBA Examiner Professional 1 Managerial Finance & Professional 2 Financial Management Working Capital An organisation s working capital refers

More information

ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION

ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION OCTOBER 2006 Table of Contents 1. INTRODUCTION... 3 2. FINANCIAL RATIOS FOR COMPANIES (INDUSTRY - COMMERCE - SERVICES) 4 2.1 Profitability Ratios...4 2.2 Viability

More information

Teacher Resource Bank

Teacher Resource Bank Teacher Resource Bank GCE Accounting Other Guidance: Layouts and Formulae ACCN1: Layouts ACCN2: Layouts and Formulae ACCN4: Layouts and Formulae (Updated July 2012) The Assessment and Qualifications Alliance

More information

MODULE 2. Business Analysis

MODULE 2. Business Analysis MODULE 2 Business Analysis Types Of Business Analysis Comparative Statements Ratio Analysis Break Even Analysis Comparative Statements Comparative statements present the accounts of two or more consecutive

More information

Population, Health, and Human Well-Being-- Nigeria

Population, Health, and Human Well-Being-- Nigeria Population, Health, and Human Well-Being-- EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 29,79 176,775 2,519,495 22 12,47 683,782 6,211,82

More information

GCE. Accounting. Mark Scheme for January 2012. Advanced GCE Unit F013: Company Accounts and Interpretation. Oxford Cambridge and RSA Examinations

GCE. Accounting. Mark Scheme for January 2012. Advanced GCE Unit F013: Company Accounts and Interpretation. Oxford Cambridge and RSA Examinations GCE Accounting Advanced GCE Unit F013: Company Accounts and Interpretation Mark Scheme for January 2012 Oxford Cambridge and RSA Examinations OCR (Oxford Cambridge and RSA) is a leading UK awarding body,

More information

E VIRO ME T Council meeting Luxembourg, 14 October 2013

E VIRO ME T Council meeting Luxembourg, 14 October 2013 COU CIL OF THE EUROPEA U IO EN Conclusions on Preparations for the 19th session of the Conference of the Parties (COP 19) to the United ations Framework Convention on Climate Change and the 9th session

More information

INTRODUCTION TO THE 2013 BENCHMARKING GUIDE

INTRODUCTION TO THE 2013 BENCHMARKING GUIDE INTRODUCTION TO THE 2013 BENCHMARKING GUIDE This guide is a supporting document for the Business Diagnostic Indicator for Hotels. It has been designed to be used by hoteliers who have completed the Business

More information

Article Accounting Terminology

Article Accounting Terminology Article Accounting Terminology Contents Page 1. Accounting Period... 4 2. Accounts Payable (Sundry Creditors)... 4 3. Accounts Receivable (Sundry Debtors)... 4 4. Assets... 4 5. Benchmarks... 4 6. B.O.S.

More information

Total Billings of Recurring Revenue as % of Total Recognized Revenue

Total Billings of Recurring Revenue as % of Total Recognized Revenue www www.opexengine.com 2014 OPEXENGINE OPERATING METRICS BENCHMARKS SOFTWARE AND SAAS COMPANIES Average Recognized Revenue INCOME STATEMENT AS A % OF TOTAL RECOGNIZED REVENUE Revenue Detail: Perpetual

More information

Population, Health, and Human Well-Being-- Kuwait

Population, Health, and Human Well-Being-- Kuwait Population, Health, and Human Well-Being-- EarthTrends Country Profiles Demographic and Health Indicators Total Population (in thousands of people) 195 152 111,647 2,519,495 22 2,23 423,296 6,211,82 225

More information

Income Measurement and Profitability Analysis

Income Measurement and Profitability Analysis PROFITABILITY ANALYSIS The following financial statements for Spencer Company will be used to demonstrate the calculation of the various ratios in profitability analysis. Spencer Company Comparative Balance

More information

Future of Urban Mobility: Results of Arthur D. Little Global Benchmarking Study Ralf Baron, Partner Arthur D. Little

Future of Urban Mobility: Results of Arthur D. Little Global Benchmarking Study Ralf Baron, Partner Arthur D. Little Future of Urban Mobility: Results of Arthur D. Little Global Benchmarking Study Ralf Baron, Partner Arthur D. Little Arthur D. Little GmbH The Squaire D-60600 Frankfurt am Main Germany Tel.: +49 69 45

More information

Chapter 11: Environmental Outlook for Limpopo Province: Planning for the Future

Chapter 11: Environmental Outlook for Limpopo Province: Planning for the Future Limpopo Environmental Outlook Report 2016 1 st DRAFT Chapter 11: Environmental Outlook for Limpopo Province: Planning for the Future This document is an ongoing outcome of a consultative process that underpins

More information

GCSE Business Studies. Ratios. For first teaching from September 2009 For first award in Summer 2011

GCSE Business Studies. Ratios. For first teaching from September 2009 For first award in Summer 2011 GCSE Business Studies Ratios For first teaching from September 2009 For first award in Summer 2011 Ratios At the end of this unit students should be able to: Interpret and analyse final accounts and balance

More information

How can an Ecological Footprint Contribute to Green Economy in Africa?

How can an Ecological Footprint Contribute to Green Economy in Africa? RIO+20 AFRICAN DEVELOPMENT BANK How can an Ecological Footprint Contribute to Green Economy in Africa? Introduction Fundamentally we all depend on nature, the ecological infrastructure of the planet that

More information

The following information is available on Toy Inc. There are 100 shares outstanding, each selling for $25

The following information is available on Toy Inc. There are 100 shares outstanding, each selling for $25 The following information is available on Toy Inc. There are 100 shares outstanding, each selling for $25 Corporate tax 34.00% Interest rate 4.25% Retention ratio 65.00% Case A. Toy Inc. Zero growth in

More information

Business Studies - Financial Planning and Management Study Notes. Financial Planning and Management Study Notes:

Business Studies - Financial Planning and Management Study Notes. Financial Planning and Management Study Notes: Business Studies - Financial Planning and Management Study Notes Financial Planning and Management Study Notes: The Role of Financial Planning: The strategic role of financial management: Organisational

More information

Calculating profitability indicators - profitability

Calculating profitability indicators - profitability Calculating profitability indicators - profitability Introduction When a business is deciding whether to grant credit to a potential customer, or whether to continue to grant credit terms to an existing

More information

Reasons why BEF Renewable Energy Certificates are the Right Choice

Reasons why BEF Renewable Energy Certificates are the Right Choice Reasons why BEF Renewable Energy Certificates are the Right Choice In Support of RECs BEF knows that choosing the right sustainable business strategies is a daunting task. It takes time to evaluate green

More information

Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used:

Financial ratios can be classified according to the information they provide. The following types of ratios frequently are used: Financial Ratios Financial ratios are useful indicators of a firm's performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios

More information

Cold Chain Market India

Cold Chain Market India Cold Chain Market India October 2014 Executive Summary Market Overview Cold chain logistics market in India is valued at INR x1 bn in 20--, growing from around INR x2 bn in 20-- Investments in Indian cold

More information

The new Athens Airport

The new Athens Airport Athens International Airport S.A. The new Athens Airport Presentation to Hochtief Analysts Dr Yiannis Paraschis Athens, 28/6/02 The Agenda The Airport Project The Business Approach Cost and Traffic The

More information

How Humans Impact the Environment. Jonathan M. Links, PhD Johns Hopkins University

How Humans Impact the Environment. Jonathan M. Links, PhD Johns Hopkins University This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike License. Your use of this material constitutes acceptance of that license and the conditions of use of materials on this

More information

CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002

CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002 CONSOLIDATED PROFIT AND LOSS ACCOUNT For the six months ended June 30, 2002 Unaudited Unaudited Note Turnover 2 5,576 5,803 Other net losses (1) (39) 5,575 5,764 Direct costs and operating expenses (1,910)

More information

Current Assets. Current Liabilities. Quick Assets or Liquid Assets. Current Liabilities. 1. Liquidity Ratios 1 Current Ratio Formula.

Current Assets. Current Liabilities. Quick Assets or Liquid Assets. Current Liabilities. 1. Liquidity Ratios 1 Current Ratio Formula. 1. Liquidity Ratios 1 Current Ratio Current Assets Current Liabilities This ratio shows short-term financial soundness of the business. Higher ratio means better capacity to meet its current obligation.

More information

GCE Applied Business. Accounting Changes

GCE Applied Business. Accounting Changes GCE Applied Business Accounting Changes Financial Reporting in Business Entities An Update Learning objectives The notes should allow you to: 1 define key terms and concepts; 2 understand the contents

More information

The Five Capitals Model a framework for sustainability

The Five Capitals Model a framework for sustainability The Five Capitals Model a framework for sustainability Why do we need a framework for sustainability? Many businesses are struggling to understand the vast array of issues that are coming their way. Climate

More information

Selecting sources of finance for business

Selecting sources of finance for business Selecting sources of finance for business by Steve Jay 08 Sep 2003 This article considers the practical issues facing a business when selecting appropriate sources of finance. It does not consider the

More information

Comparing Levels of Development

Comparing Levels of Development 2 Comparing Levels of Development Countries are unequally endowed with natural capital. For example, some benefit from fertile agricultural soils, while others have to put a lot of effort into artificial

More information

Business Finance. Theory and Practica. Eddie McLaney PEARSON

Business Finance. Theory and Practica. Eddie McLaney PEARSON Business Finance Theory and Practica Eddie McLaney PEARSON Harlow, England London New York Boston San Francisco Toronto Sydney Auckland Singapore Hong Kong Tokyo Seoul Taipei New Delhi Cape Town Säo Paulo

More information

ACCOUNTING AND FINANCIAL ANALYSIS IN THE HOSPITALITY INDUSTRY

ACCOUNTING AND FINANCIAL ANALYSIS IN THE HOSPITALITY INDUSTRY ACCOUNTING AND FINANCIAL ANALYSIS IN THE HOSPITALITY INDUSTRY Jonathan A. Hales Northern Arizona University Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam

More information

0022/00015636/en Annual Financial Report LORDOS HOTELS (HOLDINGS) PUBLIC LTD LHH

0022/00015636/en Annual Financial Report LORDOS HOTELS (HOLDINGS) PUBLIC LTD LHH 0022/00015636/en Annual Financial Report LORDOS HOTELS (HOLDINGS) PUBLIC LTD Approval of Audited Financial Statements for 2015 - Proposal for Dividend - AGM on 22/06/2016 Members' Rights and Relevant Documents

More information

EBITDA (millions of euros)

EBITDA (millions of euros) TRIPLE BOTTOM LINE Financial Results* Revenue EBITDA 7,016 6,271 6,499 1,431 1,062 1,087 Profit before tax 246 29 233 The rapid and successful strategic measures taken in by ACCIONA, allowed the Company

More information

Sustainable Success The Commercial Case for Investing in UK Cleantech

Sustainable Success The Commercial Case for Investing in UK Cleantech The Commercial Case for Investing in UK Cleantech A joint publication by Cambridge Cleantech and the University of Cambridge Centre for Climate Change Mitigation Research 2 The Commercial Case for Investing

More information

Enhancing Competitiveness through Sustainable Supply Chain. Clearstream Solutions. Greener Business

Enhancing Competitiveness through Sustainable Supply Chain. Clearstream Solutions. Greener Business Enhancing Competitiveness through Sustainable Supply Chain Clearstream Solutions Greener Business Agenda Understanding Sustainability : Competitive advantage or disadvantage for Ireland? Why focus on sustainable

More information

of business Leadership development at the pace The Leadership Express Series Calgary, AB

of business Leadership development at the pace The Leadership Express Series Calgary, AB at the pace Leadership development of business The Leadership Express Series Calgary, AB Join other successful and like-minded leaders committed to becoming their absolute best. Learn powerful ways to

More information

Sustainable Development Goals and the planet

Sustainable Development Goals and the planet Sustainable Development Goals and the planet «There is no Plan B, because there is no Planet B» Ban Ki Moon, UN Elisabeth Darj, Professor Global Health, NTNU, Trondheim, Norway 21 April 2016 GLOBVAC Conference,

More information

Hotel Investor Sentiment Survey. Hotels & Hospitality Group Q4 2016

Hotel Investor Sentiment Survey. Hotels & Hospitality Group Q4 2016 Hotel Investor Sentiment Survey Hotels & Hospitality Group Q4 2016 Contents Key themes: 1. Markets remain liquid despite softening in investor outlook page 3 2. Hotel operating performance outlook softens

More information

performance of a company?

performance of a company? How to deal with questions on assessing the performance of a company? (Relevant to ATE Paper 7 Advanced Accounting) Dr. M H Ho This article provides guidance for candidates in dealing with examination

More information

Climate change: Everyone s business

Climate change: Everyone s business Climate change: Everyone s business A summary report from the CBI Climate Change Task Force November 2007 Copyright CBI 2007 The content may not be copied, distributed, reported or dealt with in whole

More information

tutor2u Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005

tutor2u Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005 Cash Management How and Why Businesses Need to Manage their Cash AS & A2 Business Studies PowerPoint Presentations 2005 Importance of Cash (1) A business can exist for a while without making profits but

More information

Doing business in Germany and Europe: Facts, Opportunities, Challenges The University of Texas Club, Austin, TX October 26, 2011

Doing business in Germany and Europe: Facts, Opportunities, Challenges The University of Texas Club, Austin, TX October 26, 2011 Doing business in Germany and Europe: Facts, Opportunities, Challenges The University of Texas Club, Austin, TX October 26, 2011 Bavarian Ministry of Economic Affairs, Infrastructure, Transport and Technology

More information

S&T - Company Presentation. August 2015

S&T - Company Presentation. August 2015 S&T - Company Presentation August 2015 About S&T AG S&T engineers Appliances for vertical markets Appliances comprise of dedicated hardware + combined software solutions Vertical niche solutions for Automation

More information

CORE CONCEPTS OF ACCOUNTING

CORE CONCEPTS OF ACCOUNTING Tenth Edition CORE CONCEPTS OF ACCOUNTING Leslie K. Breitner University of Washington, Evans School of Pubic Affairs Robert N. Anthony Emeritus, Harvard Business School Prentice Hall Boston Columbus Indianapolis

More information

Tipco Asphalt Public Company Limited

Tipco Asphalt Public Company Limited Q1/2015 Analysts Meeting 26 th May 2015 1 Agenda 1 Q1/2015 Highlight 2 Performance Highlights 3 Q2/2015 Outlook 2 Q1/2015 Highlights: Total sales volumes Sales volumes by quarters Unit: Mil tons Sales

More information

Investment in Mining in Asia The Triple Bottom Line Challenge and Opportunity

Investment in Mining in Asia The Triple Bottom Line Challenge and Opportunity OECD Global Forum on International Investment Foreign Direct Investment and the Environment Lessons from the Mining Sector February 7 to 8, 2002 Paris, France Investment in Mining in Asia The Triple Bottom

More information

Ratios from the Statement of Financial Position

Ratios from the Statement of Financial Position For The Year Ended 31 March 2007 Ratios from the Statement of Financial Position Profitability Ratios Return on Sales Ratio (%) This is the difference between what a business takes in and what it spends

More information