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BPM Financial ModellingFinancial Statements Modelling Exercise
Cover Notes:Provides a practical example of the modelling of live, three-way financial statements.
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Primary Model Developer: BPM Financial Modelling
Table of ContentsFinancial Statements Modelling Exercise
Section & Sheet Titles Page
1 Assumptions 3 Time Series Assumptions 4 Opening Balance Sheet Assumptions 6 Projected Assumptions 7
2 Financial Statements 8 Income Statement 9 Balance Sheet 10 Cash Flow Statement 11
3 Appendices 12
Lookup Tables 13 Time Series Lookup Tables 14
Checks 17 Checks 18
Error ChecksSensitivity ChecksAlert Checks
Total Pages: 20
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a.b.c.
a.b.c.
3.1.a.
3.2.a.
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document.xlsAssumptions_SCPrinted: 22:31:24 on 04/07/2023
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AssumptionsSection 1.Financial Statements Modelling Exercise
Section Cover Notes:This section contains assumptions relating to the forecasting of financial statement items.Assumptions are contained within the Time Series worksheet, Opening Balance Sheet worksheet and the Project Assumptions worksheet.
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Time Series AssumptionsFinancial Statements Modelling Exercise
Time Series Assumptions
Core Time Series Assumptions
Title PrimaryPeriodicity Annual
Financial Year End 31 12
Start Date 1-Jan-12 Periods 5
Denomination 2
Historical & Forecast Period Titles
Include in Period Titles? 1
Actual Periods 3 Budget Periods -
Data & Projections - Timing Assumptions
Data Term Basis 1
Data - Active Periods 3 Projections - Start Date 1-Jan-13
Notes:- A Financial Year End assumption of 28th of February is assumed to be a month end financial year end, even in a leap year.- The "Model Denomination" assumption will not necessarily automatically change the denomination of the outputs of this model.- A "Budget Period" refers to either a period in the current financial year or periods containing combined actual and forecast data.- "Data & Projections - Timing Assumptions" are used as the basis for related data and projections time series sheets.- Use the bpmToolbox "Update Time Series Columns" tool to hide inactive data and projections time series periods.
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document.xlsBS_Open_BAPrinted: 22:31:24 on 04/07/2023
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Opening Balance Sheet AssumptionsFinancial Statements Modelling Exercise
Opening Balance Sheet ($Millions)
Current Assets 1-Jan-12
Cash - Accounts Receivable - Other Current Assets - Total Current Assets -
Non-Current Assets
PP&E - Intangibles - Deferred Tax Assets - Other Non-Current Assets - Total Non-Current Assets -
Total Assets -
Current Liabilities
Accounts Payable - Interest Payable - Dividends Payable - Income Tax Payable - Other Current Liabilities - Total Current Liabilities -
Non-Current Liabilities
Debt - Deferred Tax Liabilities - Other Non-Current Liabilities - Total Non-Current Liabilities -
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document.xlsProj_Ass_TAPrinted: 22:31:24 on 04/07/2023
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Projected AssumptionsFinancial Statements Modelling Exercise
Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
Revenues & ExpensesBase Period Periodic Growth Rates (% per Year)
Sales $Millions 120.0 5.0% 3.0% 2.5% 2.5%
Cost of Goods Sold % of Sales 45.0% 45.0% 45.0% 45.0% 45.0%
Base Period Periodic Growth Rates (% per Year)Operating Expenditure $Millions 27.0 2.5% 2.5% 2.5% 2.5%
Capital Expenditure - PP&E $Millions 7.0 7.5 8.0 8.5 9.0 Capital Expenditure - Intangibles $Millions 1.0 1.3 1.5 1.8 2.0
Debtors & Creditors
Accounts Receivable Debtor Days 30 30 30 30 30
Accounts Payable Creditor Days 60 60 60 60 60
Assets
Depreciation & Amortisation Assumptions
Depreciation - PP&E % of Capex 90.0% 90.0% 90.0% 90.0% 90.0% Depreciation - Intangibles % of Capex 95.0% 95.0% 95.0% 95.0% 95.0%
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document.xlsFinancial_Statements_SCPrinted: 22:31:24 on 04/07/2023
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Financial StatementsSection 2.Financial Statements Modelling Exercise
Section Cover Notes:Contains live, linked three-way financial statements (Income Statement, Balance Sheet & Cash Flow Statement).
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Income StatementFinancial Statements Modelling Exercise
Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
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Balance SheetFinancial Statements Modelling Exercise
Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
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Cash Flow StatementFinancial Statements Modelling Exercise
Year Ending 31 December 2012 (A) 2013 (A) 2014 (A) 2015 (F) 2016 (F)
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document.xlsAppendices_SCPrinted: 22:31:24 on 04/07/2023
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AppendicesSection 3.Financial Statements Modelling Exercise
Section Cover Notes:This section contains Appendices
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Lookup TablesSub-Section 3.1.Financial Statements Modelling Exercise
Sub-Section Cover Notes:This sub-section contains Lookup Tables
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Time Series Lookup TablesFinancial Statements Modelling Exercise
Time Series Lookup Tables
Month Days Names
Month Days LU_Mth_Days 1 2 3 4 5 6 7 8 9
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
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Time Series Lookup TablesFinancial Statements Modelling ExerciseGo to Table of Contentsç è
Month Names Names
Month Names LU_Mth_NamesJanuary
FebruaryMarchAprilMayJuneJuly
AugustSeptember
OctoberNovemberDecember
Denomination Names
Denomination LU_Denom$Billions Billions$Millions Millions
$'000 Thousands$ Currency
Data Term Basis Names
Data Term Basis LU_Data_Term_BasisActive Data Periods
Projections Start
Periodicity Names
Periodicity LU_PeriodicityAnnual Annual
Semi-Annual Semi_AnnualQuarterly QtrlyMonthly Mthly
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Time Series Lookup TablesFinancial Statements Modelling ExerciseGo to Table of Contentsç è
Period Type Names Names
Period Type Names LU_Period_Type_NamesYear Yr_Name
Half Year Half_Yr_NameQuarter Qtr_NameMonth Mth_Name
Periods In Year Names
Periods In Year LU_Pers_In_Yr 1 Yrs_In_Yr 2 Halves_In_Yr 4 Qtrs_In_Yr
12 Mths_In_Yr
Conversion Factors Names
Conversion Factors 10 Ten
100 Hundred 1,000 Thousand
1,000,000 Million 1,000,000,000 Billion
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ChecksSub-Section 3.2.Financial Statements Modelling Exercise
Sub-Section Cover Notes:This sub-section contains Checks
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ChecksFinancial Statements Modelling Exercise
Error Checks
1
Errors Detected - Summary
Total Errors: - Error Message (Empty if None):
Error Checks
Error Checks Check Include? Flag
Balance Sheet - Yes -
Total Errors: -
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Include summary in model name?
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ChecksFinancial Statements Modelling ExerciseGo to Table of Contentsç x h O
Sensitivity Checks
1
Sensitivities Detected - Summary
Total Sensitivities: - Sensitivity Message (Empty if None):
Sensitivity Checks
Sensitivity Checks Check Include? Flag
Total Sensitivities: -
Include summary in model name?
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ChecksFinancial Statements Modelling ExerciseGo to Table of Contentsç x h O
Alert Checks
1
Alerts Detected - Summary
Total Alerts: - Alert Message (Empty if None):
Alert Checks
Alert Checks Check Include? Flag
Opening Balance Sheet Assumptions - Yes -
Total Alerts: -
Include summary in model name?