WORLD BANK WORLD BANK
|
|
- Gyles Watkins
- 7 years ago
- Views:
Transcription
1 XV. Financial Planning Public Transport Planning and Reform: An Introduction
2 Public Transport Financial Planning Systematic approach that helps produce a financially sustainable program for implementing a service plan: Operating, maintaining existing services Keeping assets in good repair Adding/improving g service, equipment, facilities Financial planning considers: Financial needs for all functions Sources of funding and finance How to match needs and sources of funding and finance XV-1
3 Basic Public Transport Financial Sustainability Principle A public transport system must receive FARE AND OTHER REVENUES that are sufficient to cover ALL of its costs XV-2
4 Financial Planning (FP) Process Multi-Year Service Plan Estimate O&M Costs Set Fare Levels Estimate Replacement Capital Costs Estimate Pass. and Other Revenues Estimate Expansion Capital Costs Are Revenues Costs? No Estimate Government Funding Yes Prepare Financial Plan XV-3
5 Consideration of ALL Costs All costs should be included in financial analyses (e.g., a fare increase) Operating/Maintenance and Capital Costs Fixed and Variable Costs All costs should be included when tender bids and investment plans are assessed for reasonableness Failure may lead to poor service provision, inability to complete contract, collapse of the public transport system XV-4
6 Estimate O&M Costs Estimating O&M Costs Operation Administration Maintenance a Contract Services XV-5
7 Estimate Replacement Capital Costs Estimating Capital Replacement Costs Based on replacing/renewing when needed REPLACED at the end of their useful lives e.g., Buses 15 years Rail Cars 35 years Shelters 10 years Garages/Stations 50 years Some items RENEWED at mid-life points e.g., Buses 8 years Busways 8 years Railcars 15 years Roofs 20 years XV-6
8 Estimate Replacement Capital Costs Estimating Capital Costs Estimate Expansion Capital Costs Costs should include additional costs (as needed) Engineering Procurement Testing/inspection Financing Expansion capital costs Beware of technology choices that may entail extra costs E.g., emissions standards XV-7
9 Estimating Passenger and Other Revenues Estimate Pass. and Other Revenues Fare revenues Take into account background affecting ridership E.g.: car ownership, road projects Do not forget to include fare evasion E.g., Paris bus network: 10.7% do not pay (2006) Public subsidies Make sure fund are secured Make sure when the funds are transferred Other revenues E.g.: advertising, renting commercial areas XV-8
10 Financial Planning Example Actual Actual Actual Actual Actual Budget Fiscal Year Operating Revenue 2.3% 2.2% 2.5% 2.6% 2.7% Farebox Revenue $ 35.5 $ $ 37.9 $ 40.2 $ 42.0 $ $ $ $ $ 55.1 $ $ 59.6 Other Operating Revenue $ 4.3 $ 5.7 $ 6.6 $ 8.9 $ 11.3 $ 14.2 $ 15.4 $ 15.7 $ 16.0 $ 16.3 $ 16.7 $ 17.0 Total System Revenue $ 39.8 $ 42.3 $ 44.5 $ 49.1 $ 53.3 $ 58.3 $ 64.4 $ 67.2 $ 69.5 $ 71.5 $ 74.0 $ 76.6 Sales Tax (50% Operations) $ 67.5 $ 73.6 $ 78.9 $ 83.3 $ 88.5 $ 94.2 $ 98.9 $ $ $ $ $ State t Operating Assistance Total Other Operating Assistance $ 67.5 $ 73.6 $ 78.9 $ 83.3 $ 88.5 $ 94.2 $ 98.9 $ $ $ $ $ Total Operating Revenue $ $ $ $ $ $ $ $ $ $ $ $ O&M Expenses Operations $ 49.1 $ $ 53.9 $ $ 57.3 $ $ $ 70.7 $ $ 75.8 $ $ 82.0 Maintenance $ 48.2 $ 50.6 $ 53.1 $ $ 58.0 $ 60.9 $ $ 68.3 $ $ 74.6 $ 78.3 $ 82.3 General and Administrative $ 14.6 $ $ $ $ $ $ $ $ $ $ $ Total O&M Expenses $ $ $ $ $ $ $ $ $ $ $ $ Balance from Operations $ (4.6) $ (1.4) $ 0.6 $ 5.2 $ 9.4 $ 14.2 $ 11.8 $ 11.5 $ 11.2 $ 10.8 $ 10.1 $ 9.5 Capital Revenue Balance from Operations $ (4.6) $ (1.4) $ 0.6 $ 5.2 $ 9.4 $ 14.2 $ 11.8 $ 11.5 $ 11.2 $ 10.8 $ 10.1 $ 9.5 Sales Tax (50% Capital) $ 67.5 $ 73.6 $ 78.9 $ $ 88.5 $ 94.2 $ $ $ $ $ $ Federal Capital Grants $ 97.5 $ 76.0 $ 89.2 $ 94.2 $ $ 97.3 $ 68.4 $ 71.3 $ 80.3 $ $ $ Net Bond Proceeds $ 60.0 $ $ 90.0 $ 40.0 $ 20.0 $ 20.0 Investment Income $ 24.2 $ $ $ $ $ $ $ $ $ $ $ Total Capital Revenue $ $ $ $ $ $ $ $ $ $ $ $ Debt Level $ $ $ $ $ $ $ $ $ $ $ $ Capital Expenditures Rail Phase B $ $ $ $ $ $ Proposed New Start Project $ 1.0 $ 5.1 $ 11.1 $ 10.7 $ $ $ Rail Rehabilitation $ 20.2 $ 21.1 $ 26.3 $ 27.8 $ 24.7 $ 26.0 $ 26.4 $ 27.0 Subtotal for Rail Systems $ $ $ $ $ $ 94.8 $ 31.4 $ 38.9 $ 35.4 $ $ $ Bus Purchases $ 8.4 $ 9.2 $ 17.4 $ 38.7 $ 28.4 $ 32.3 $ $ $ $ $ $ Other Capital $ 12.4 $ 24.2 $ 36.5 $ 32.5 $ 25.0 $ $ $ $ $ $ Total Capital Expenditures $ $ $ $ $ $ $ $ $ $ $ $ Debt Service Costs $ 39.8 $ 44.0 $ 51.4 $ $ $ $ $ $ $ 60.5 $ 61.9 $ Working Capital Account Beginning Cash Balance $ $ $ $ $ $ $ $ $ $ $ $ Change in Working Capital $ (3.6) $ 5.3 $ 7.6 $ (2.2) $ (40.2) $ 7.1 $ 7.1 $ (0.7) $ 12.8 $ 26.4 $ 14.9 $ (1.8) Working WORLD Capital Balance BANK $ $ $ $ $ $ $ $ $ $ $ $ XV-9
11 Are Revenues Costs? Meeting Financial (Cost Revenue) Gaps Change Service Plan Revise current services Delay expansion plan Eliminate expansion plan Change Fares Increase fares Advance plans for fare increase Change fare policies Pass pricing, discounts Introduce TOD fares Multi-Year Service Plan Set Fare Levels XV-10
12 Are Revenues Costs? Meeting Financial (Cost Revenue) Gaps Increase Non-Operating Revenues Examine potential of advertising, capital facilities, and other ventures to be profit- making Seek Government Funding Indirect funding possible through tax alleviation Use financial i projections, performance, condition information to support requests for additional a funding Estimate Pass. and Other Revenues Estimate Government Funding XV-11
13 Dedicated Taxes Variety of dedicated tax instruments available E.g.: oil, real estate, parking, companies Care must be exercised to make sure that dedicated taxes: Are not regressive (hit poor more than rich) Do not create perverse incentives (labor costs, wasteful capital spending) XV-12
14 Private Sector Potential source of public transport finance Capital Loans Investment equity Ongoing operating payments Payments for dedicated services e.g., to a mall or housing estate XV-13
15 Capital Financing Usually linked to specific purposep e.g. Build a depot or repair facility Purchase vehicles or equipment Construct a passenger interchange terminal Popular ways to leverage assets to gain private financing Sell land/building rights at existing or planned terminals and depots Sell vehicles to gain share of depreciation tax write-offs XV-14
16 Cautions Private sector is in business to make $!! May be cheaper to borrow money than to have private sector invest equity that requires a higher rate of return (e.g., MRT Line III, Manila) All financial planning should include an analysis of financing options and risk. Remember, if it sounds too good to be true, it s not true!!!!!!!!!!! XV-15
17 Summary Service Evaluations Budgeting Fare Setting Financial Sustainability Contract Specifications Operating Subsidies Capital Investments XV-16
X. Cost Analysis and
X. Cost Analysis and Financial i Planning Public Transport Planning and Regulation: An Introduction X-1 Planning and Analysis Building Blocks Schedule Building Focus of Discussion Cost Analysis and Financial
More informationLearning Objectives: Quick answer key: Question # Multiple Choice True/False. 14.1 Describe the important of accounting and financial information.
0 Learning Objectives: 14.1 Describe the important of accounting and financial information. 14.2 Differentiate between managerial and financial accounting. 14.3 Identify the six steps of the accounting
More informationBudget Used Balance Obligation Based Budget: Infrastructure Renewal Program $290.1 $251.2 $38.9
FY 05 Metro Matters Summary End of Fiscal Year Status Dollars in Million Budget Used Balance Obligation Based Budget: Infrastructure Renewal Program $290.1 $251.2 $38.9 Expenditure Based Budget: Rail Car
More informationAssumptions Worksheet
Cash Budget, Page 1 Exhibit IV Cash Budget Assumptions Worksheet Name of Business: Preparer: Date: Use these guidelines in preparing your assumptions: Minimum Cash Balance 1. The amount of cash required
More informationGuide to Getting Loans on Investment Properties. Mark Ferguson. Copyright 2013 All rights reserved Invest Four More Proprietary
Guide to Getting Loans on Investment Properties Mark Ferguson Table of Contents Guide to Getting Loans on Investment Properties... 1 Should you get a loan for investment properties?... 3 Why are the returns
More informationBreakeven Analysis. Breakeven for Services.
Dollars and Sense Introduction Your dream is to operate a profitable business and make a good living. Before you open, however, you want some indication that your business will be profitable, if not immediately
More informationTaxicab Driver Sample Forms. 1. Tasks. Task 1. Task 2
Sample Forms Taxi and limousine drivers drive automobiles and limousines to transport passengers. Taxi and limousine drivers are employed by taxi and other transportation service companies, or they may
More information27Forecasting cash flows 27Activity 27.1 open-ended question.
27Forecasting cash flows 27Activity 27.1 open-ended question. Activity 27.2 (page 497): April cash flow 1 Draw up a revised cash-flow forecast for April assuming: cash sales are forecast to be $1,000 higher
More informationHow to Prepare a Cash Flow Forecast
The Orangeville & Area Small Business Enterprise Centre (SBEC) 87 Broadway, Orangeville ON L9W 1K1 519-941-0440 Ext. 2286 or 2291 sbec@orangeville.ca www.orangevillebusiness.ca Supported by its Partners:
More informationPartnering with you to buy your home or investment property. Buying an Investment property
Partnering with you to buy your home or investment property Buying an Investment property Buying an investment property Investment property expenses To run a successful rental property you ll need a detailed
More informationBusiness Plan. Your Business Name
Business Plan Your Business Name Owners Address City, ST ZIP Code Telephone Fax E-Mail Date: Page 2 II. Executive Summary Write this section last. We suggest that you make it one page long; two pages max.
More informationBUSINESS TOOLS. Preparing Agricultural Financial Statements. How do financial statements prove useful?
Preparing Agricultural Financial Statements Thoroughly understanding your business financial performance is critical for success in today s increasingly competitive agricultural, forestry and fisheries
More informationSources of finance (Or where can we get money from?)
Sources of finance (Or where can we get money from?) Why do we need finance? 1. Setting up a business 2. Need to finance our day-to-day activities 3. Expansion 4. Research into new products 5. Special
More informationFinancial Analysis and Funding
California High- Speed Rail Authority Revised 2012 Business Plan Chapter 7 Financial Analysis and Funding Introduction This chapter presents the financial analysis and funding strategy for the California
More informationUNITED STATES BANKRUPTCY COURT NORTHERN & EASTERN DISTRICTS OF TEXAS REGION 6 MONTHLY OPERATING REPORT
ACCRUAL BASIS JUDGE: UNITED STATES BANKRUPTCY COURT NORTHERN & EASTERN DISTRICTS OF TEXAS REGION 6 MONTHLY OPERATING REPORT MONTH ENDING: MONTH YEAR IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED
More informationCITY OF REDWOOD FALLS PORT AUTHORITY REVOLVING LOAN FUND (RLF) APPLICATION
CITY OF REDWOOD FALLS PORT AUTHORITY REVOLVING LOAN FUND (RLF) APPLICATION October, 1999 Revolving Loan Fund Guidelines City of Redwood Falls The purpose of the Revolving Loan Fund (RLF) is to provide
More informationRevolving Loan Fund for Industrial Development Summary *
Owatonna Economic Development Authority (EDA) City of Owatonna Revolving Loan Fund for Industrial Development Summary * Program Purpose: How It Works: Project Eligibility: Minimum Requirements: Use of
More informationESOP Advantage. Employee Stock Ownership Plan
ESOP Advantage Employee Stock Ownership Plan E The Smart Way to Structure Your Business The most important business move you ll ever make - could be your next one. If you are an entrepreneur launching
More informationIncome Statement. (Explanation)
Income Statement (Explanation) Your AccountingCoach PRO membership includes lifetime access to all of our materials. Take a quick tour by visiting www.accountingcoach.com/quicktour. Introduction to Income
More informationFinancial Planning. Presented by Emma's Garden
+ Financial Planning Presented by Emma's Garden Financial Planning A comprehensive financial plan helps you to forecast and set your financial goals and milestones. Your financial forecasts are an essential
More informationFinancial Information Statement for Businesses
Financial Information Statement for Businesses How to Complete This Statement Enter the most current data available in all spaces. Write N/A in spaces that don t apply to you. The Taxation and Revenue
More informationLearning Module 3 Journal Entries
Learning Module 3 Journal Entries The Accounting Equation Balance Sheet Income Statement = + + - Assets Liabilities Owners' Equity Revenue Expenses Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Recording journal
More informationPROPOSED 2016 OPERATING BUDGET AND CAPITAL PROGRAM
2016 Budget November 2015 PROPOSED 2016 OPERATING BUDGET AND CAPITAL PROGRAM Summary Briefing of the Proposed Operating Budgets, Two-Year Financial Plans, and Five-Year Capital Programs of the RTA, CTA,
More informationUnderstanding Financial Statements. For Your Business
Understanding Financial Statements For Your Business Disclaimer The information provided is for informational purposes only, does not constitute legal advice or create an attorney-client relationship,
More informationToo often business owners do a cash flow in their head. Putting the information down on paper will give you the following:
CASH FLOW A cash flow is a forecast of when you expect to receive cash from your sales and when you expect to pay your bills. It is not and should not be confused with a pro-forma income statement. A cash
More informationPRESENTS. Top 5 Financing Options for Auto Repair Shop Owners
PRESENTS Top 5 Financing Options for Auto Repair Shop Owners TABLE OF CONTENTS Financing Options for Auto Repair Shop Owners 3 Unsecured Business Loans 4 Equipment Leasing & Financing 5 Business Line of
More informationHelpful Information for a First Time Mortgage
Helpful Information for a First Time Mortgage Getting Started Many people buying their first home are afraid lenders don't really want to work with them. But that's simply not true. Without you, there
More informationPROCUREMENT GUIDE: CHP FINANCING
PROCUREMENT GUIDE: CHP FINANCING 1. Overview The decision of whether and how to finance a CHP system is a critical step in the development of a CHP project. CHP systems require an initial investment to
More informationCost and Financial Analysis
Chapter 19: Cost and Financial Analysis A. INTRODUCTION The purpose of this chapter is to present examples of financial resources available to the Metropolitan Transportation Authority (MTA), which may
More informationPERSONAL FINANCIAL STATEMENT
PERSONAL FINANCIAL STATEMENT As of, 20 BUSINESS PLAN GUIDELINES Name: Residence Phone: Residence Address: City, State, Zip Code: Social Security Number: PERSONAL ASSETS PERSONAL LIABILITIES Cash in Bank
More informationCHAPTER 17. Financial Management
CHAPTER 17 Financial Management Chapter Summary: Key Concepts The Role of the Financial Manager Financial managers Risk-return trade-off Executives who develop and implement their firm s financial plan
More informationPatricia McConnell: Will the elimination of operating lease accounting improve financial reporting by lessees?
Patricia McConnell: Will the elimination of operating lease accounting improve financial reporting by lessees? 24 June 2010 To address investors concerns about off-balance sheet assets and liabilities
More informationFrequently Asked Questions (FAQs)
Frequently Asked Questions (FAQs) Questions relating to the five data items: I. Total Remuneration Q: In deriving total remuneration, should we include staff training costs? A: No, staff training costs
More informationThis chapter also provides instructions for the following topics:
Preface The Uniform System of Accounts () is the basic reference document for the National Transit Database. It contains the accounting structure required by Federal Transit laws (previously Section 15
More informationSection A: Introduction
Section A: Introduction A1 Was this business a subsidiary of another business in 2014? Yes No A2 If you are a subsidiary, what is the name of your current parent business? A3 Did your business generate
More informationCHAPTER 1 LEASING: HISTORY AND TRENDS. By the end of this chapter, the student will be able to:
CHAPTER 1 LEASING: HISTORY AND TRENDS By the end of this chapter, the student will be able to: LEARNING OBJECTIVES 1. Describe the two basic types of leases. 2. List at least five nontax attributes of
More informationProfessional Level Skills Module, Paper P4
Answers Professional Level Skills Module, Paper P4 Advanced Financial Management December 2011 Answers 1 Up to 4 professional marks are available for the presentation of the answer, which should be in
More informationCITY OF DES MOINES, IOWA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2013
CITY OF DES MOINES, IOWA BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2013 ASSETS DEBT TAX GENERAL SERVICE INCREMENT Cash and investments $ 13,823,153 $ 577,744 $ --- Taxes receivable 57,403,960 30,488,253
More informationSAMPLE CONSTRUCTION COMPANY. FINANCIAL STATEMENT AND SUPPLENTARY INFORMANTION For the Year Ended December 31, 2011
FINANCIAL STATEMENT AND SUPPLENTARY INFORMANTION For the Year Ended December 31, 2011 The financial statement, prepared by an independent Certified Public Accountant, is essential for bonding purposes.
More informationU.S. Income Tax Return for an S Corporation
Form 1120S U.S. Income Tax Return for an S Corporation Do not file this form unless the corporation has filed or is attaching Form 2553 to elect to be an S corporation. Information about Form 1120S and
More information2012 Saskatoon Transit Services Annual Report
2012 Annual Report Saskatoon Transit provides a high quality of service for all citizens in our community, and is undertaking initiatives focused on building its ridership. Like most North American cities,
More information1999 Instructions for Schedule E, Supplemental Income and Loss
1999 Instructions for Schedule E, Supplemental Income Loss Use Schedule E (Form 1040) to report income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, residual
More informationGET AN ATO COMPLIANT TAX DEPRECIATION SCHEDULE!
Rental Property 2008 Tax Tips GET AN ATO COMPLIANT TAX DEPRECIATION SCHEDULE! A Quantity Surveyor prepared Tax Depreciation Schedule is one of the best investments a property investor can make. Claiming
More information11.437 Financing Community Economic Development Class 6: Fixed Asset Financing
11.437 Financing Community Economic Development Class 6: Fixed Asset Financing I. Purpose of asset financing Fixed asset financing refers to the financing for real estate and equipment needs of a business.
More informationTransit Oriented Development and Value Capture Hong Kong
UNESCAP Regional Expert Group Meeting on Sustainable and Inclusive Transport Development and 2 nd Asia BRTS Conference, 29 Sep 1 Oct 2014, Ahmedabad Transit Oriented Development and Value Capture Hong
More information5311 SAMPLE Expenses, Financial Data Report
5311 SAMPLE Expenses, Financial Data Report Admin this Operating this LABOR 501.01 Operator's Salaries & Wages - - - - - - 501.02 Training Salaries & Wages 501.03 Dispatcher's Salaries & Wages 501.04 Administrative
More informationSample Due Diligence Checklist
Sample Due Diligence Checklist 01.0. CORPORATE ORGANIZATION AND HISTORY 1.1. - Overview of corporate legal structure, banking relationships (other than transaction financing), organizational charts and
More informationMTA 2015 Adopted Budget
BUD14013_Budget2015_Cover_Budget cover 1/9/15 5:05 PM Page 1 MTA 2015 Adopted Budget February Financial Plan 2015 2018 February 2015 . TABLE OF CONTENTS I. Overview... I-1 II. MTA Consolidated 2015-2018
More informationReal Estate Investing 101
Real Estate Investing 101 A Realistic Strategy for the Average Joe! Teresa Brooks, MRA, ABR, CRS National Speaker & Trainer President REO Connection 757.406.1396 teresa.brooks1@cox.net www.teresabrooks.com
More informationFinancial Reporting & Analysis Chapter 17 Solutions Statement of Cash Flows Exercises
Financial Reporting & Analysis Chapter 17 Solutions Statement of Cash Flows Exercises Exercises E17-1. Determining cash flows from operations Using the indirect method, cash flow from operations is computed
More informationBUSINESS DEVELOPMENT LOAN POOL (BDPL) GUIDELINES & APPLICATION MENOMONEE FALLS, WISCONSIN
BUSINESS DEVELOPMENT LOAN POOL (BDPL) GUIDELINES & APPLICATION MENOMONEE FALLS, WISCONSIN BUSINESS DEVELOPMENT LOAN POOL (BDLP) VILLAGE OF MENOMONEE FALLS, WISCONSIN PARTICIPATING PARTNERS Participating
More informationEnhance Your Financial Security. With a Home Equity Conversion Mortgage
Enhance Your Financial Security With a Home Equity Conversion Mortgage 1 Call for Additional Information 888.732.1005 1 Unlock Your Home s Equity We understand that you want to transition easily into the
More information2015 NEVADA TAX REFORMS. Commerce Tax, Modified Business Tax, Business License Fee
Joshua J. Hicks Attorney at Law 775.622.9450 tel 775.622.9554 fax jhicks@bhfs.com 2015 NEVADA TAX REFORMS Commerce Tax, Modified Business Tax, Business License Fee Current as of June 10, 2015 A. Commerce
More informationCheck against delivery. Hans Dieter Pötsch Speech at the Annual Media Conference and Investor Conference on March 13, 2014.
Check against delivery Hans Dieter Pötsch Speech at the Annual Media Conference and Investor Conference on March 13, 2014 Part II Good morning, Ladies and Gentlemen, I, too, would like to wish you a very
More informationSynopsis of Questionnaire on Legislations, Business Situation & Incentives for Energy Saving and Renewables in Malta
Synopsis of Questionnaire on Legislations, Business Situation & Incentives for Energy Saving and Renewables in Malta Malta Energy Efficiency and Renewable Energies Association (M.E.E.R.E.A.) Business Categories
More informationFacility Financing Overview Financing Challenges for New Charter Schools Securing a facility, obtaining start-up funding, acquiring the expertise necessary to run a charter school and student enrollment
More informationDeferred Payment Agreement Charging
Deferred Payment Agreement Charging What is a Deferred Payment Agreement? A Deferred Payment Agreement is an arrangement with the council that will enable you to use the value of your home to help pay
More informationResidential Consumer Guide to Solar Power
Residential Consumer Guide to Solar Power 505 9 th Street NW Suite 800 Washington DC 20004 202.682.0556 www.seia.org Table of Contents Residential Consumer Guide to Solar Power... 2 Introduction... 2 How
More informationLane County, Oregon Statement of Net Assets June 30, 2010. Governmental Activities. Business-type
Statement of Net Assets June 30, 2010 Governmental Activities Business-type Activities Assets Current assets Cash and cash equivalents $ 152,238,503 $ 32,077,526 $ 184,316,029 Investments - 3,748,272 3,748,272
More informationAccount Numbering. By separating each account by several numbers, many new accounts can be added between any two while maintaining the logical order.
Chart of Accounts The chart of accounts is a listing of all the accounts in the general ledger, each account accompanied by a reference number. To set up a chart of accounts, one first needs to define
More informationBusiness Plan Template
Business Plan Template Why have a Business Plan? The real value of your business plan is to empower you in a systematic way to comprehend the dynamics of your business. It enables you to review your business
More informationThe Business Plan and You
The Business Plan and You BUSINESS START-UP For more information, contact: The Business Link Edmonton: 100 10237 104 Street NW Edmonton, Alberta T5J 1B1 Calgary: 250 639 5 Avenue SW Calgary, Alberta T2P
More informationIt Is In Your Interest
STUDENT MODULE 7.2 BORROWING MONEY PAGE 1 Standard 7: The student will identify the procedures and analyze the responsibilities of borrowing money. It Is In Your Interest Jason did not understand how it
More informationThe Profit WIN Numbers Jim Silverman Automotive Training Institute
The Profit WIN Numbers Jim Silverman Automotive Training Institute Today's Agenda Determine how much money you need to make Pay your bills now Have enough for later Learn how to keep score Fix your accounting
More informationGUIDANCE FOR TRANSIT FINANCIAL PLANS
U.S. Department of Transportation Federal Transit Administration GUIDANCE FOR TRANSIT FINANCIAL PLANS JUNE 2000 Prepared By: Federal Transit Administration Office of Planning Office of Program Management
More information9) Contracts & Big Purchases
9) Contracts & Big Purchases 9 a) Cell Phone Contracts 101 The System Access Fee Most carriers will charge a system access fee each month. Usually, this cost is not included in the advertised fee for the
More informationBUSINESS FINANCIAL STATEMENT. Limited Liability Company Partnership Corporation Other. Statement of Financial Condition as of, 20 for the period, to,
BUSINESS FINANCIAL STATEMENT Name of Business Applicant Prepared By Title (Position) Limited Liability Company Partnership Corporation Other Statement of Financial Condition as of, 20 for the period, to,
More informationInstructions for E-PLAN Financial Planning Template
Instructions for E-PLAN Financial Planning Template The EPLAN template will assist you in preparing financial projections for your existing business. The template uses Microsoft Excel to prepare your projected
More informationDirect Participation Programs
Direct Participation Programs Introduction Tax Advantages Various Types Real Estate Oil and Gas Equipment Leasing Qualifications Alternative Minimum Tax Tax Basis Suitability Evaluation Offering Practices
More informationReal Estate IRAs Made Easy
Real Estate IRAs Made Easy About Advanta IRA As the nation s premier self-directed individual retirement arrangement (IRA) administrator, the regional offices of Advanta IRA have over 25 years of experience
More informationFINANCIAL ACCOUNTING WEEK 12 STATEMENT OF CASH FLOWS. A. Understand the basic structure and format of the statement of cash flows.
FINANCIAL ACCOUNTING WEEK 12 STATEMENT OF CASH FLOWS I. LEARNING OBJECTIVES - STATEMENT OF CASH FLOWS A. Understand the basic structure and format of the statement of cash flows. B. Distinguish cash flows
More informationAnalysis of the Obama Administration s FY 2017 Budget Proposal for Transportation
Analysis of the Obama Administration s FY 2017 Budget Proposal for Transportation FY 2017 Budget Summary The Obama s Administration s proposed budget for FY 2017, which was submitted to Congress February
More informationREPORT FEHMARNBELT FIXED LINK. Financial Analysis - February 2003. Main Results. March 2003. Prepared by Sund & Bælt / Femer Bælt
REPORT FEHMARNBELT FIXED LINK Financial Analysis - February 23 Main Results Prepared by Sund & Bælt / Femer Bælt March 23 A division of Sund & Bælt Holding A/S Vester Søgade 1 DK-161 Copenhagen V Tel.
More informationREAL ESTATE INVESTMENT TRUSTS (REITs)
UNDERSTANDING REAL ESTATE INVESTMENT TRUSTS (REITs) www.griffincapital.com KEY TERMS for ASSESSING REITS NET LEASE TRIPLE NET LEASE ABSOLUTE NET LEASE GAAP STRAIGHT-LINING FUNDS FROM OPERATIONS (FFO) MODIFIED
More informationhow to finance the business
A DV I C E B O O K L E T how to finance the business HOW TO FINANCE THE BUSINESS Getting enough of the right funding is one of the more difficult tasks that you will face as a new entrepreneur. Typically,
More informationFI3300 Corporation Finance
Learning Objectives FI3300 Corporation Finance Spring Semester 2010 Dr. Isabel Tkatch Assistant Professor of Finance Explain the objectives of financial statement analysis and its benefits for creditors,
More informationNo car? No problem! Getting around your community without a car. PLAN AHEAD. KEEP MOVING.
No car? No problem! Getting around your community without a car. PLAN AHEAD. KEEP MOVING. HOW DO YOU GET AROUND YOUR LOCAL COMMUNITY? The key to getting around is to plan ahead; plan for the future now.
More informationHow to Sell Your Home FAST And For FULL PRICE!!
FREE Special Report: Compliments of www.bobbuysfast.com How to Sell Your Home FAST And For FULL PRICE!! DISCOVER how you can sell your home fast and for Full Price even if your house has been on the market
More informationInquiry into Access of Small Business to Finance
Inquiry into Access of Small Business to Finance Reference http://www.aph.gov.au/senate/committee/economics_ctte/small_business_10/ index.htm The current structure of the financial system means that large
More informationPenalty Fares information
Penalty Fares information Do you have any questions? For further information about Penalty Fares on Greater Anglia services please contact our Customer Service team: Remember: Buy a ticket before you travel
More informationState of Good Repair Roundtable Chicago, Illinois. Asset Management Systems MBTA Approach and Lessons Learned
State of Good Repair Roundtable Chicago, Illinois Asset Management Systems MBTA Approach and Lessons Learned Eric R. Waaramaa Deputy Director of Financial Planning July 23, 2010 MBTA Profile 5 th largest
More informationSmall Business Income Tax
Small Business Income Tax Forms of Business & how their taxes are paid. Keeping Records Legal requirements. Bringing Assets into a business. Fair market value. Earnings Fiscal period Income Expenses What
More informationResults for the year ended 31 December 2014
Results for the year ended 31 December 2014 Investor presentation Mears at a glance 2 Social Housing We repair and maintain over 700,000 of the 5 million Social Homes in the UK. Our clients are increasingly
More information1. Operating, Investment and Financial Cash Flows
1. Operating, Investment and Financial Cash Flows Solutions Problem 1 During 2005, Myears Oil Co. had gross sales of $1 000,000, cost of goods sold of $400,000, and general and selling expenses of $300,000.
More informationWith offices in the UK, Canada and France, MDT has developed a reputation for structuring and arranging financial solutions for clients worldwide.
MDT is a financial services and investment firm specialising in arranging equity, debt, lease and structured finance for a broad range of clients involved in capital intensive projects and industries.
More informationMETRO. Fiscal Year 2013 Monthly Board Report. June 2013 (Third Quarter Fiscal Year-to-Date)
METRO Fiscal Year 2013 Monthly Board Report Revenue Expense Ridership Performance (Third Quarter Fiscal Year-to-Date) 7/16/2013 Table of Contents Section A Section B Section C Section D Section E Section
More informationFinancial Plan. A) Estimated One-Time Financial Requirements. Part One
Financial Plan The Financial Plan is perhaps one of the most important components of your Business Plan (see Business Plan Handout). Not only is it essential if you are seeking external financing it is
More informationHEALTHCARE EXPANSION LOAN PROGRAM II (HELP II)
CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY HEALTHCARE EXPANSION LOAN PROGRAM II (HELP II) OVERVIEW LOW FIXED INTEREST RATE LOANS FOR CALIFORNIA S NON-PROFIT SMALL AND RURAL HEALTH FACILITIES 915
More informationTECHNICO HORTICULTURAL (KUNMING) CO. LIMITED
MANAGEMENT REPORT FOR THE YEAR ENDED 31 st DECEMBER, 2014 Your management submits its report for the financial year ended 31 st December, 2014. Corporate Information Technico Horticultural (Kunming) Co
More informationFrom Page 1 of form:
The following instructions are provided to aid you in filling out the Income and Expense Questionnaire form for Office, Retail and Industrial properties. If you have any questions, please call our office
More informationFINANCIAL INTRODUCTION
FINANCIAL INTRODUCTION In earlier sections you calculated your cost of goods sold, overhead expenses and capital cost in order to help you determine the sales price of your product. In your business plan,
More informationBUSINESS PLAN GUIDELINES
BUSINESS PLAN GUIDELINES The following guidelines are designed to assist you in writing your business plan. Not every bullet point will apply to your business as these guidelines are generic, but they
More informationVEDA Commercial Energy Loan Application
9-24-13 58 East State Street Montpelier, VT 05602 802-828-5627 www.veda.org VEDA Commercial Energy Loan Application 1. APPLICANT(S)/BORROWERS(S) NAMES AND CONTACT INFORMATION Provide the name(s) and addresses
More informationClosing the Books Section 7 Accounting 11
Closing the Books At the end of a fiscal year once all the transactions for the entity have been recorded, the revenue and expense accounts must be closed out to a zero balance. These accounts have been
More informationLOAN APPLICATION. Name of Business (Legal Name): Address: City, State, Zip: Business Phone: Federal Tax ID #:
LOAN APPLICATION Name of Business (Legal Name): Business Phone: Federal Tax ID #: Fax: Principals Name: Phone: Social Security #: Type of Business Sole Proprietorship Corporation Partnership Date Established
More informationFINANCIAL ANALYSIS. A. Introduction and Methodology
Coastal Towns Environmental Infrastructure Project (RRP BAN 44212) FINANCIAL ANALYSIS A. Introduction and Methodology 1. The Coastal Towns Environmental Infrastructure project finances basic urban service
More informationBasic Business Plan Outline
Basic Business Plan Outline A business plan needs to be a well thought out, honest, appraisal of the business and opportunity. This outline is meant to be used for your road map. It should be a living
More informationObject Code Numbers: Object Descriptions: SECTION M EXPENDITURE / EXPENSE FUNCTION AND OBJECT CODES
SECTION M EXPENDITURE / EXPENSE FUNCTION AND OBJECT CODES Revised 8/2009 Personal Services - Salaries 111 Teachers and Professional Personnel 112 Teachers Aids 113 Clerical 114-119 Other Employees 121
More informationFinancial. Management FOR A SMALL BUSINESS
Financial Management FOR A SMALL BUSINESS Welcome 1. Agenda 2. Ground Rules 3. Introductions FINANCIAL MANAGEMENT 2 Objectives Explain the concept of financial management and its importance to a small
More informationPart 10. Small Business Finance and IPOs
Part 10. Small Business Finance and IPOs In the last section, we looked at how large corporations raised money. In this section, we will examine some of the financing issues facing small and start-up businesses.
More information