Yvonne Yacht (YY)
“Yvonne’s Yacht” is introduced for you to master the balance sheet analysis. The Yacht visualizes the numbers – which don’t
Accounts Receivable Purchase Financing Cash and Trade Flows
Who are the main parties? Identify the various counterparties involved and the flows of cash Bank is able to provide
5 Steps – Capital Market Solutions Under Distress
1. Inject Equity by EXISTING Shareholders 2. Inject NEW MINORITY Equity 3. Inject NEW MAJORITY Equity 4. Sell NON-PRODUCTIVE Assets
3 Step Value Approach
Dupont analysis Is the business creating value? EWS! Focus on how the business is creating value EV analysis What’s the
Counterparties vs. Credit bases
Credit Bases v Counterparty Contracts – Points to note Coverage Length Renewal Relationship Exit Clauses Which is better? De-facto –
Creative accounting
1. How do businesses grow? 2. When do you adjust? Accounting Classification vs Commercial Reality Practical Tips Audited Financial StatementsFor
Ultimate Economic Activity
Identifying Potential KYC Issues Ultimate Economic Activity
Practical Steps to Mitigate Risk
Key Lessons (1) Key Lessons (2) Key Lessons (3) Key Lessons (4) Key Lessons (5) Key Lessons (6) Key Lessons
UCA Cashflow & Number As Adjectives
Direct UCA to Indirect Cashflow Formats 4 Components of UCA Cash Flow 1. Cashflow From Operations 2. Payments to Capital
Differential Balance Sheet
Differential Bal Sheet is made up of the YOY changes for each line item on the Balance Sheet, focusing on
