Intermediate Financial Modelling

Description

Introduction

Financial models are necessary to evaluate a project’s economics, negotiations among stakeholders, and a crucial component of the final documentation.

While the development and analysis of project finance models are often delegated to external financial advisors, it is crucial for certain selected officials involved in a transaction not only to have an understanding of how financial models work but also to have the capability to manipulate the model.

Course Content

• The Excel interface providing the Context for Limited Recourse Project Finance
• Understanding and Developing the Different Building Blocks of Financial Models
• Introducing Tax and Depreciation
• Golden Rules of Model Design, Building a financial forecast
• Building a Financial Model from a Blank Screen and Final Quiz
• Forecasting the income statement and balance sheet
• Linking up the cash flow statement
• Working with Scenarios, Key Auditing Tools
• The excel interface, Writing a model
• Editing ‘without tears.’, Conditional logic, Dates & times in excel
• Text formulae, Excel graphics & tables
• Data analysis & database functions

Learning Outcomes

• By the end of the course, participants will have learned about all the features typically used in financial models, describe the purpose and scope of project financial models (i.e. what a financial model is and why project stakeholders need it)
• Identify the financial model’s key outputs and calculate them
• Construct a semi-flexible financial model inclusive of key model building blocks
• Design funding sheets with debt financing
• Construct Pro-forma financial statements
• Manage assumptions in a financial model to affect results
• Design, set-up, and effectively label spreadsheet models for project financings