bpmtoolbox 6.0-forecast business planning model example (basic)

7/30/2019 BpmToolbox 6.0-Forecast Business Planning Model Example (Basic)

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Best Practice ModellingForecast Business Planning Model 6.0 (Basic)

Primary Developer: BPM

Cover Notes

- This is a simple example of a best practice forecast business planning model.

-

- To navigate or view the content of this model, click on the 'Go to Table of Contents' hyperlink above.

- Subscribe to the Best Practice Modelling Network to be notified of new best practice example models.

- For more information see: Model Notes

Go to Table of Contents

IMPORTANT NOTE: BPM does not provide any warranties or guarantees relating to the correctness of

the formulas or outputs contained in this model.

The purpose of this model is to provide an example of a forecast business planning model developed using bpmToolbox in

accordance with the Best Practice Spreadsheet Modelling Standards.
http://www.bestpracticemodelling.com/network/subscribehttp://www.bestpracticemodelling.com/network/subscribehttp://www.bestpracticemodelling.com/network/subscribe


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Table of ContentsForecast Business Planning Model 6.0 (Basic)

Section & Sheet Titles Page

4

56

78

- -- -

- -

11

1213

1415

- -

- -

- -- -

- -

- -

Range Naming Key

2. Assumptions

2.1. Time Series Assumptions

2.2. Forecast Assumptionsa. Assumptions

Taxation - Assumptions

Other Balance Sheet Items - Assumptions

1.2.

Formats & Styles KeySheet Naming Key

a. Model Notes

Go to Cover Sheet

Keysa. Keys

Capital - Assumptions

Working Capital - Assumptions

Assets - Assumptions

Operational - Assumptions

a. Time Series Assumptions

1. Overview

1.1. Notes


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Table of ContentsForecast Business Planning Model 6.0 (Basic)

Section & Sheet Titles Page

Go to Cover Sheet

20

2122

- -

- -

- -

- -

- -

- -

3031

32

34

- -

- -

- -3738

39

4041

- -

- -

- -

44

45

48

49

Total Pages: 49

4. Appendices

c. Dashboards - Lookup Tables

4.2. Lookup Tables

a. Time Series Lookup Tablesb. Capital - Lookup Tables

Error Checks

Sensitivity Checks

Alert Checks

4.1. Checksa.

3.2. Financial Statements

Working Capital - Outputs

Assets - Outputs

Operational - Outputs

Other Balance Sheet Items - Outputs

Forecast Outputsa. Outputs

Capital - Outputs

Taxation - Output Summary

Capital Providers - Cash Flow ReconciliationDashboard Outputsa. Business Planning Summary

a. Income Statement

b. Balance Sheet

c. Cash Flow Statement

Direct Cash Flow Statement

Indirect Cash Flow Statement

3. Outputs

3.1.

Checks

3.3.


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OverviewSection 1.Forecast Business Planning Model 6.0 (Basic)

Section Cover Notes

Contains notes explaining the purpose and use of this model and where more help can be obtained.

Contains diagrams summarising designated components of the model.

Also contains keys explaining the Formats & Styles, Sheet Naming & Range Naming principles used in this model.


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NotesSub-Section 1.1.Forecast Business Planning Model 6.0 (Basic)

Sub-Section Cover NotesContains general notes about the purpose and use of this model.

Also contains contact details for BPM.



Notes_SSC

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Model NotesForecast Business Planning Model 6.0 (Basic)

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Area: Notes

+613 9244 9800


This model has been designed to provide an example of how bpmToolbox 6.0 can be used within

Microsoft Excel to efficiently build a basic forecast business planning model in strict accordance with

the Best Practice Spreadsheet Modelling Standards & Conventions.

This model has been developed for those who:

Many components of this model have been significantly simplified to prevent confusion.

This model has been built in accordance with Version 6.0 of the Best Practice Spreadsheet Modelling

Standards. For more information on the standards go to www.ssrb.org.

This workbook has been built using the bpmToolbox 6.0 default theme - i.e. Styles, Colors, Page

Setups, etc. These settings may differ from your personal or corporate theme settings.

Brief notes have been included throughout the Section Cover Sheets and Assumption Sheets within this

workbook. These notes have been included in accordance with Best Practice and are not designed to

provide detailed insight into how this model was developed or how it could be improved or enhanced.

- Have purchased bpmToolbox 6.0;

BPM specializes in the provision of Best Practice Spreadsheet Modelling products and services,

including the provision of training and support services. This training and support ranges from our base

courses (such as the bpmToolbox Fundamentals course) to courses customized to meet specific client

needs. For more information on BPM's training and support services, contact BPM on the details

provided below.

Telephone:

Address:

[email protected]

www.bestpracticemodelling.com

To order the Best Practice Spreadsheet Modelling Standards, go to:

www.bestpracticemodelling.com/downloads/standardsDownloads:

Email:

Website:

BPMLevel 8, 330 Collins Street

Melbourne, Victoria

Australia 3000

- Are currently trialing bpmToolbox; or- Are interested in understanding the benefits of using bpmToolbox.

General

Intended Audience

Simplification

Standards

Applied Theme

Annotations

Further Training

Contact BPM
http://www.ssrb.org/http://www.ssrb.org/mailto:[email protected]?subject=Inquiry%20-%20Re%20Forecast%20Business%20Planning%20Model%206.0http://www.bestpracticemodelling.com/http://www.bestpracticemodelling.com/downloads/standardshttp://www.bestpracticemodelling.com/downloads/standardshttp://www.bestpracticemodelling.com/mailto:[email protected]?subject=Inquiry%20-%20Re%20Forecast%20Business%20Planning%20Model%206.0http://www.ssrb.org/http://www.ssrb.org/http://www.ssrb.org/http://www.ssrb.org/http://www.ssrb.org/http://www.ssrb.org/


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KeysSub-Section 1.2.Forecast Business Planning Model 6.0 (Basic)

Sub-Section Cover NotesContains Formats & Styles, Sheet Naming and Range Naming Keys explaining the approaches adopted throughout this model.



Keys_SSC



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KeysForecast Business Planning Model 6.0 (Basic)

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Formats & Styles Key

Color Name Color Description / Purpose

Font Colors

Fill Colors

Hyperlink Type Hyperlink Description / Purpose

Output (Black) Indicates ranges contain 100% formulas / output calculations. Output

Mixed CellMixed Cell (Green) Indicates ranges contain a mixture of input text / numbers and formulae

/ output calculations.


Example

Input (Blue) Indicates ranges contain 100% input text / numbers. Input

Assumption Sheet (Grey) Indicates sheet is an Assumption Sheet.

Work in Progress (WIP) (Yellow) Indicates ranges contain data or formulae that remain uncertain or are

subject to change.

ErrorError (Red) Indicates calculation errors normally used as a conditional format.

HyperlinkHyperlink Indicates ranges contain Hyperlinks to other ranges within the workbook

or to other linked models.

Cover Hyperlink Links Contents Sheet to Cover Sheet. Go To Cover Sheet

Home Hyperlink Links worksheets to Contents Sheet. Go To Table of Contents

Hidden White (White) Indicates Assumption Cel ls when used on the interior of Assumption

Sheets.

Example

Sheet Left Hyperlink Links active worksheet to the previous visible worksheet. Sheet Right Hyperlink Links active worksheet to the next visible worksheet.

Custom Hyperlink Links worksheet ranges to other worksheet ranges in the model. Linked Cell Text

Sheet Top Hyperlink Scrolls worksheet to the upper-most viewable section.


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x h OGo to Table of Contents

Sheet Naming Key

Base Sheet Type Sheet Description / Purpose

Notes

* The names of the Cover and Contents sheets are always "Cover" and "Contents" respectively.

** Model Import and Export Sheet suffixes are used in addit ion to the other sheet naming suffixes.

Section Cover Indicates the start of a workbook section. SC

Sub-Section Cover Indicates the start of a workbook sub-section. SSC

Suffix

Cover* Indicates the start of a workbook. Cover

Contents* Contains the workbook Table of Contents. Contents

Blank Output Residual category (contains outputs). BO

TOTime Series Output Contains time series titles for calculating outputs over a set time frame.

Blank Assumption Residual category (contains assumptions). BA

TATime Series Assumption Contains time series titles for entering assumptions over a set time

frame.

Chart Contains a chart. Cht

MIModel Import** Contains formulas that reference worksheet ranges in another workbook.

LULookup Contains lookup data for use in forms / controls and in worksheet

formulas.

Model Schematic Contains model diagrams and flow charts. MS

MEModel Export** Contains worksheet ranges that are referenced by formulas in another

workbook.


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Range Naming Key

Range Type / Purpose Range Description / Purpose

Row Array Single row, multiple column, single area array. RA_

Column Array Single column, multiple row, single area array. CA_

Prefix

Base Cell Single cell base cell (for OFFSET function reference, etc). BC_

Lookup Names a Lookup Table Array on a Lookup Sheet. LU_

Block Array Single area, multiple cell, non-row, non-column array. BA_

Multiple Area Array Multiple area (includes areas of any type). MAA_

Drop Down Box Drop down box cell link. DD_

List Box List box cell link. LB_

Hyperlink Hyperlink cell reference. HL_

Check Box Check box cell link. CB_

Scroll Bar Scroll bar cell link. SB_

Residual Residual category (i.e. single cell non-base cells, etc). No Prefix

Option Button Option button cell link. OB_

Spin Button Spin button cell link. S_


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AssumptionsSection 2.Forecast Business Planning Model 6.0 (Basic)

Section Cover Notes

Contains base case assumptions used to generate the base case outputs.



Assumptions_SC



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Time Series AssumptionsSub-Section 2.1.Forecast Business Planning Model 6.0 (Basic)

Sub-Section Cover Notes:

Contains assumptions used to drive the time series analysis within the model.



TS_Ass_SSC



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Time Series AssumptionsForecast Business Planning Model 6.0 (Basic)

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Time Series Assumptions

Core Time Series Assumptions

Title

Periodicity

Financial Year End 31 12

Start Date

Periods

Denomination

Historical & Forecast Period Titles

Include in Period Titles?

Actual PeriodsBudget Periods

Data & Projections - Timing Assumptions

Data Term Basis

Data - Active Periods

Projections - Start Date

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.


Primary

Annual

1-Jan-10

10

2

TRUE

-

-

1

3

1-Jan-13

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Forecast Assumptions

Sub-Section 2.2.Forecast Business Planning Model 6.0 (Basic)


Contains forecast assumptions for all areas within the underlying business.



Fcast_Ass_SSC



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AssumptionsForecast Business Planning Model 6.0 (Basic)

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Year Ending 31 December 2010 (F) 2011 (F) 2012 (F) 2013 (F) 2014 (F) 2015 (F) 2016 (F) 2017 (F)

Operational - AssumptionsBase Amount Periodic Growth Rate (%)

Revenue 125.0 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Cost of Goods Sold 25.0 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Operating Expenditure 40.0 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Capital Expenditure - Assets 15.0 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Capital Expenditure - Intangibles 2.5 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5%

Notes

1. Revenue and expense base amount assumptions are specified in $Millions.

2. Revenue and expense assumptions are entered as positive numbers.

Working Capital - AssumptionsOpening Balance Debtors/Creditors Days

Accounts Receivable 21.0 30 30 30 30 30 30 30 30

Accounts Payable 16.0 45 45 45 45 45 45 45 45

Error Check (Invalid Days Assumption) - - - - - - - - -

Notes

1. Opening balance assumptions are specified in $Millions.

2. Debtors/creditors days assumptions cannot be greater than the number of days in that period.

Assets - AssumptionsOpening Balance Depreciation/Amortization - % of Capital Expenditure

Assets 145.0 90.0% 90.0% 90.0% 90.0% 90.0% 90.0% 90.0% 90.0%

Intangible Assets 11.5 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0% 25.0%

Notes

1. Opening balance assumptions are specified in $Millions.



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Fcast_TA



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Capital - Assumptions

Debt - Assumptions

Funds Drawn ($Millions)

Opening Balance 50.0 50.0 50.0 50.0 50.0 55.0 55.0 55.0

Debt Drawdowns - - - - 50.0 - - -

Debt Repayments - - - - 45.0 - - -

Closing Debt Balance 50.0 50.0 50.0 50.0 55.0 55.0 55.0 55.0

Drawdowns/Repayments % into Period 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%

Interest Expense

Opening Interest Payable -

Base Interest Rate (% p.a.) 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%

Margin (% p.a.) 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%

All-In Interest Rate (% p.a.) 6.50% 6.50% 6.50% 6.50% 6.50% 6.50% 6.50% 6.50%


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Ordinary Equity - Assumptions

Ordinary Equity Balances ($Millions)

Opening Balance 75.0 75.0 75.0 75.0 75.0 75.0 75.0 75.0

Equity Raisings - - - - - - - -

Equity Repayments - - - - - - - -

Closing Ordinary Equity 75.0 75.0 75.0 75.0 75.0 75.0 75.0 75.0

Dividends Payable & Paid

Opening Balance -

Dividend Determination Method: 1

Dividend Declaration Period? Yes Yes Yes Yes Yes Yes Yes Yes

Dividend Payout Ratio - % of NPAT 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%

Assumed Dividends - Not Applied - - - - - - - -

###

###

Notes

1. Dividends cannot be negative.

2. Dividends cannot exceed accumulated Retained Profits (Opening Retained Profits + Net Profit After Tax) in any period.

Include Opening Retained Profits in NPAT?

Limit dividends to prevent negative Cash at Bank?


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Taxation - Assumptions

Tax Payable ($Millions)

Opening Tax Payable 3.5

Taxation Rate

Corporate Taxation Rate 30.0%

Notes

1. Tax is assumed to be paid in the period after tax expense is incurred.

2. The Corporate Taxation Rate is limited to a minimum of 0% and a maximum of 100%.

3.Tax calculations do not allow for tax losses, deferred tax assets or deferred tax liabilities - i.e.

negative tax expense will result in cash tax receipts.

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Other Balance Sheet Items - Assumptions

Cash at Bank ($Millions)

Opening Cash at Bank 15.0

Other Balance Sheet Items ($Millions)Opening Balance

Other Current Assets 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0

Other Current Liabilities 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0

Other Non-Current Assets 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0

Other Non-Current Liabilities 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0

Notes1. Opening balance assumptions are specified in $Millions.

2. Retained Profits are used to balance the Opening Balance Sheet.

3. Other Current Assets and Other Current Liabilities assumed to impact Other Operating Cash Flows.

4. Other Non-Current Assets and Non-Other Current Liabilities assumed to impact Other Investing Cash Flows.

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OutputsSection 3.Forecast Business Planning Model 6.0 (Basic)

Section Cover Notes

Contains base case outputs - i.e. includes only the impacts of base case assumptions.



Base_OP_SC



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Forecast OutputsSub-Section 3.1.Forecast Business Planning Model 6.0 (Basic)


Contains forecast outputs for all areas within the underlying business other than financial statements.



Fcast_OP_SSC



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OutputsForecast Business Planning Model 6.0 (Basic)

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Operational - Outputs

Revenue 125.0 128.1 131.3 134.6 138.0 141.4 145.0 148.6

Cost of Goods Sold 25.0 25.6 26.3 26.9 27.6 28.3 29.0 29.7Operating Expenditure 40.0 41.0 42.0 43.1 44.2 45.3 46.4 47.5

Capital Expenditure - Assets 15.0 15.4 15.8 16.2 16.6 17.0 17.4 17.8

Capital Expenditure - Intangibles 2.5 2.6 2.6 2.7 2.8 2.8 2.9 3.0




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Working Capital - Outputs

Accounts Receivable Balances ($Millions)

Opening Balance 21.0 10.3 10.5 10.8 11.1 11.3 11.6 11.9

Revenue 125.0 128.1 131.3 134.6 138.0 141.4 145.0 148.6

Cash Receipts (135.7) (127.9) (131.1) (134.3) (137.7) (141.1) (144.7) (148.3)

Closing Balance 10.3 10.5 10.8 11.1 11.3 11.6 11.9 12.2

Closing Balance Periodic Growth (% per Year) 2.5% 2.2% 2.8% 2.5% 2.5% 2.2% 2.8%

Debtors Days 30 30 30 30 30 30 30 30

Total Error Checks Result - - - - - - - - -

Accounts Payable Balances ($Millions)

Opening Balance 16.0 8.0 8.2 8.4 8.6 8.8 9.1 9.3

Costs 65.0 66.6 68.3 70.0 71.7 73.5 75.4 77.3

Cash Payments (73.0) (66.4) (68.1) (69.8) (71.5) (73.3) (75.2) (77.0)

Closing Balance 8.0 8.2 8.4 8.6 8.8 9.1 9.3 9.5

Closing Balance Periodic Growth (% per Year) 2.5% 2.2% 2.8% 2.5% 2.5% 2.2% 2.8%

Creditors Days 45 45 45 45 45 45 45 45


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Assets - Outputs

Assets Balances ($Millions)

Opening Balance 145.0 146.5 148.0 149.6 151.2 152.9 154.6 156.3

Capital Expenditure - Assets 15.0 15.4 15.8 16.2 16.6 17.0 17.4 17.8

Depreciation (13.5) (13.8) (14.2) (14.5) (14.9) (15.3) (15.7) (16.0)

Closing Balance 146.5 148.0 149.6 151.2 152.9 154.6 156.3 158.1


Intangibles Balances ($Millions)

Opening Balance 11.5 13.4 15.3 17.3 19.3 21.4 23.5 25.7Capital Expenditure - Intangibles 2.5 2.6 2.6 2.7 2.8 2.8 2.9 3.0

Amortization (0.6) (0.6) (0.7) (0.7) (0.7) (0.7) (0.7) (0.7)

Closing Balance 13.4 15.3 17.3 19.3 21.4 23.5 25.7 27.9



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Capital - Outputs

Debt - Outputs

Funds Drawn ($Millions)

Opening Balance 50.0 50.0 50.0 50.0 50.0 55.0 55.0 55.0

Debt Drawdowns - - - - 50.0 - - -

Debt Repayments - - - - (45.0) - - -

Closing Debt Balance 50.0 50.0 50.0 50.0 55.0 55.0 55.0 55.0

Interest Expense

Base Interest Rate (% p.a.) 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%

Margin (% p.a.) 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50%

All-In Interest Rate (% p.a.) 6.50% 6.50% 6.50% 6.50% 6.50% 6.50% 6.50% 6.50%

Months in Financial Year 12 12 12 12 12 12 12 12

Period % of Full Year 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Drawdowns/Repayments % into Period 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%

Average Debt Outstanding 50.0 50.0 50.0 50.0 52.5 55.0 55.0 55.0

Interest Expense 3.3 3.3 3.3 3.3 3.4 3.6 3.6 3.6

Opening Interest Payable - - - - - - - -Interest Expense 3.3 3.3 3.3 3.3 3.4 3.6 3.6 3.6

Interest Paid (3.3) (3.3) (3.3) (3.3) (3.4) (3.6) (3.6) (3.6)

Closing Interest Payable - - - - - - - -


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Ordinary Equity - Outputs

Ordinary Equity Balances ($Millions)

Opening Balance 75.0 75.0 75.0 75.0 75.0 75.0 75.0 75.0



Closing Ordinary Equity 75.0 75.0 75.0 75.0 75.0 75.0 75.0 75.0

Dividends Payable & Paid

Opening Balance - - - - - - - -

Dividends Declared During Period 14.9 15.3 15.7 16.2 16.5 16.9 17.4 17.8

Dividends Paid During Period (14.9) (15.3) (15.7) (16.2) (16.5) (16.9) (17.4) (17.8)Closing Dividends Payable - - - - - - - -



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Dividends Payable & Paid - Calculation

Dividend Determination Method: % of NPAT

Dividend Declaration Period? Yes Yes Yes Yes Yes Yes Yes Yes

Opening Retained Profits - 60.9 76.2 92.0 108.1 124.7 141.6 158.9

Net Profit After Tax (NPAT) 29.8 30.6 31.5 32.3 33.1 33.8 34.7 35.7

Maximum Dividends Allowed 29.8 91.6 107.7 124.3 141.2 158.5 176.3 194.6

Opening Cash at Bank 15.0 38.6 50.7 63.2 76.0 94.1 107.5 121.2

Cash Flow Available for Dividends 38.5 27.5 28.2 29.0 34.6 30.3 31.2 32.0

Total Available Cash For Dividends 53.5 66.0 78.9 92.2 110.6 124.4 138.6 153.2

Dividend Payout Ratio - % of NPAT 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0% 50.0%

Assumed Dividends - Not Applied - - - - - - - -Target Dividends Declared 14.9 15.3 15.7 16.2 16.5 16.9 17.4 17.8

Actual Dividends Declared 14.9 15.3 15.7 16.2 16.5 16.9 17.4 17.8

Alert Check (Limited Dividends) - - - - - - - - -


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Taxation - Output Summary

Tax Expense ($Millions)

Revenue 125.0 128.1 131.3 134.6 138.0 141.4 145.0 148.6

Cost of Goods Sold (25.0) (25.6) (26.3) (26.9) (27.6) (28.3) (29.0) (29.7)

Operating Expenditure (40.0) (41.0) (42.0) (43.1) (44.2) (45.3) (46.4) (47.5)

Depreciation (13.5) (13.8) (14.2) (14.5) (14.9) (15.3) (15.7) (16.0)

Amortization (0.6) (0.6) (0.7) (0.7) (0.7) (0.7) (0.7) (0.7)

Interest Expense (3.3) (3.3) (3.3) (3.3) (3.4) (3.6) (3.6) (3.6)

Net Profit Before Tax (NPBT) 42.6 43.8 44.9 46.2 47.2 48.3 49.6 51.0

Accounting Taxable Profit / (Loss) 42.6 43.8 44.9 46.2 47.2 48.3 49.6 51.0

Corporate Taxation Rate 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0% 30.0%

Tax Expense / (Benefit) 12.8 13.1 13.5 13.8 14.2 14.5 14.9 15.3

Tax Payable (& Paid)

Opening Balance 3.5 12.8 13.1 13.5 13.8 14.2 14.5 14.9

Tax Expense / (Benefit) 12.8 13.1 13.5 13.8 14.2 14.5 14.9 15.3

Tax Paid (3.5) (12.8) (13.1) (13.5) (13.8) (14.2) (14.5) (14.9)

Closing Balance 12.8 13.1 13.5 13.8 14.2 14.5 14.9 15.3


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Other Balance Sheet Items - Outputs

Other Current Assets ($Millions)

Opening Balance 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0

Movement 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Closing Balance 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0

Other Current Liabilities ($Millions)

Opening Balance 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0

Movement 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Closing Balance 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0

Other Non-Current Assets ($Millions)

Opening Balance 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0

Movement 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Closing Balance 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0

Other Non-Current Liabilities ($Millions)

Opening Balance 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0

Movement 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Closing Balance 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0



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Financial StatementsSub-Section 3.2.Forecast Business Planning Model 6.0 (Basic)


Contains the forecast Income Statement, Balance Sheet and Cash Flow Statement.



FS_OP_SSC



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Income StatementForecast Business Planning Model 6.0 (Basic)

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Income Statement - Base Case ($Millions)

Revenue 125.0 128.1 131.3 134.6 138.0 141.4 145.0 148.6

Cost of Goods Sold (25.0) (25.6) (26.3) (26.9) (27.6) (28.3) (29.0) (29.7)

Gross Margin 100.0 102.5 105.1 107.7 110.4 113.1 116.0 118.9

Operating Expenditure (40.0) (41.0) (42.0) (43.1) (44.2) (45.3) (46.4) (47.5)

EBITDA 60.0 61.5 63.0 64.6 66.2 67.9 69.6 71.3

Depreciation & Amortization (14.1) (14.5) (14.8) (15.2) (15.6) (16.0) (16.4) (16.8)

EBIT 45.9 47.0 48.2 49.4 50.6 51.9 53.2 54.5

Interest Expense (3.3) (3.3) (3.3) (3.3) (3.4) (3.6) (3.6) (3.6)

Net Profit Before Tax 42.6 43.8 44.9 46.2 47.2 48.3 49.6 51.0

Tax Expense / (Benefit) (12.8) (13.1) (13.5) (13.8) (14.2) (14.5) (14.9) (15.3)

Net Profit After Tax 29.8 30.6 31.5 32.3 33.1 33.8 34.7 35.7

Error Check- - - - - - - - -

Notes

1. Revenues and expenses enter the Income Statement as positive and negative numbers respectively.

Go to Balance Sheet


229 8 l ff


33/50

Balance SheetForecast Business Planning Model 6.0 (Basic)

x h O


Balance Sheet - Base Case ($Millions)

Current Assets

Cash at Bank 38.6 50.7 63.2 76.0 94.1 107.5 121.2 135.4

Accounts Receivable 10.3 10.5 10.8 11.1 11.3 11.6 11.9 12.2

Other Current Assets 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0

Total Current Assets 51.8 65.3 79.0 93.1 112.4 127.1 142.1 157.6

Non-Current Assets

Assets 146.5 148.0 149.6 151.2 152.9 154.6 156.3 158.1

Intangibles 13.4 15.3 17.3 19.3 21.4 23.5 25.7 27.9

Deferred Tax Assets - - - - - - - -Other Non-Current Assets 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0

Total Non-Current Assets 164.9 169.3 173.9 178.5 183.2 188.1 193.0 198.0

Total Assets 216.7 234.6 252.9 271.6 295.7 315.1 335.1 355.6

Current Liabilities

Accounts Payable 8.0 8.2 8.4 8.6 8.8 9.1 9.3 9.5

Tax Payable 12.8 13.1 13.5 13.8 14.2 14.5 14.9 15.3

Debt Interest Payable - - - - - - - -

Ordinary Equity Dividends Payable - - - - - - - -

Other Current Liabilities 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0

Total Current Liabilities 24.8 26.3 27.9 29.5 31.0 32.6 34.2 35.8



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Balance SheetForecast Business Planning Model 6.0 (Basic)

x h O



Non-Current Liabilities

Debt 50.0 50.0 50.0 50.0 55.0 55.0 55.0 55.0

Deferred Tax Liabilities - - - - - - - -Other Non-Current Liabilities 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0

Total Non-Current Liabilities 56.0 57.0 58.0 59.0 65.0 66.0 67.0 68.0

Total Liabilities 80.8 83.3 85.9 88.5 96.0 98.6 101.2 103.8

Net Assets 135.9 151.2 167.0 183.1 199.7 216.6 233.9 251.8

Equity

Ordinary Equity 75.0 75.0 75.0 75.0 75.0 75.0 75.0 75.0Retained Profits 60.9 76.2 92.0 108.1 124.7 141.6 158.9 176.8

Total Equity 135.9 151.2 167.0 183.1 199.7 216.6 233.9 251.8

Total Error Check Result - - - - - - - - -

Alert Check (Negative Cash) - - - - - - - - -

Go to Income Statement

Go to Cash Flow Statement


35/50

Cash Flow StatementForecast Business Planning Model 6.0 (Basic)

x h O


Direct Cash Flow Statement

Cash Flow from Operating Activities

Cash Receipts 135.7 127.9 131.1 134.3 137.7 141.1 144.7 148.3

Cash Payments (73.0) (66.4) (68.1) (69.8) (71.5) (73.3) (75.2) (77.0)

Interest Paid (3.3) (3.3) (3.3) (3.3) (3.4) (3.6) (3.6) (3.6)

Tax Paid (3.5) (12.8) (13.1) (13.5) (13.8) (14.2) (14.5) (14.9)

Decrease in Other Current Assets (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0)

Increase in Other Current Liabilities 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Net Cash Flow from Operating Activities 56.0 45.4 46.6 47.8 48.9 50.1 51.5 52.8

Cash Flow from Investing Activities

Capital Expenditure - Assets (15.0) (15.4) (15.8) (16.2) (16.6) (17.0) (17.4) (17.8)

Capital Expenditure - Intangibles (2.5) (2.6) (2.6) (2.7) (2.8) (2.8) (2.9) (3.0)

Decrease in Other Non-Current Assets (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0)

Increase in Other Non-Current Liabilities 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Net Cash Flow from Investing Activities (17.5) (17.9) (18.4) (18.8) (19.3) (19.8) (20.3) (20.8)

Cash Flow from Financing Activities

Debt Drawdowns - - - - 50.0 - - -

Debt Repayments - - - - (45.0) - - -Equity Raisings - - - - - - - -


Dividends Paid During Period (14.9) (15.3) (15.7) (16.2) (16.5) (16.9) (17.4) (17.8)

Net Cash Flow from Financing Activities (14.9) (15.3) (15.7) (16.2) (11.5) (16.9) (17.4) (17.8)

Net Increase / (Decrease) in Cash Held 23.6 12.1 12.5 12.8 18.1 13.4 13.8 14.1



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x h O



Indirect Cash Flow Statement

Cash Flow from Operating Activities

Net Profit After Tax 29.8 30.6 31.5 32.3 33.1 33.8 34.7 35.7

(Add Back) Tax Expense 12.8 13.1 13.5 13.8 14.2 14.5 14.9 15.3

(Add Back) Total Debt Interest Expense 3.3 3.3 3.3 3.3 3.4 3.6 3.6 3.6

(Add Back) Total Book Depreciation & Amortisation 14.1 14.5 14.8 15.2 15.6 16.0 16.4 16.8

Decrease in Accounts Receivable 10.7 (0.3) (0.2) (0.3) (0.3) (0.3) (0.3) (0.3)

Increase in Accounts Payable (8.0) 0.2 0.2 0.2 0.2 0.2 0.2 0.3

Interest Paid (3.3) (3.3) (3.3) (3.3) (3.4) (3.6) (3.6) (3.6)

Tax Paid (3.5) (12.8) (13.1) (13.5) (13.8) (14.2) (14.5) (14.9)

Decrease in Other Current Assets (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0)

Increase in Other Current Liabilities 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0Net Cash Flow from Operating Activities 56.0 45.4 46.6 47.8 48.9 50.1 51.5 52.8

Cash Flow from Investing Activities

Capital Expenditure - Assets (15.0) (15.4) (15.8) (16.2) (16.6) (17.0) (17.4) (17.8)

Capital Expenditure - Intangibles (2.5) (2.6) (2.6) (2.7) (2.8) (2.8) (2.9) (3.0)

Decrease in Other Non-Current Assets (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0) (1.0)

Increase in Other Non-Current Liabilities 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0

Net Cash Flow from Investing Activities (17.5) (17.9) (18.4) (18.8) (19.3) (19.8) (20.3) (20.8)

Cash Flow from Financing Activities

Debt Drawdowns - - - - 50.0 - - -

Debt Repayments - - - - (45.0) - - -



Dividends Paid During Period (14.9) (15.3) (15.7) (16.2) (16.5) (16.9) (17.4) (17.8)

Net Cash Flow from Financing Activities (14.9) (15.3) (15.7) (16.2) (11.5) (16.9) (17.4) (17.8)

Net Increase / (Decrease) in Cash Held 23.6 12.1 12.5 12.8 18.1 13.4 13.8 14.1


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x h O



Capital Providers - Cash Flow Reconciliation

Net Cash Flow from Operating Activities 56.0 45.4 46.6 47.8 48.9 50.1 51.5 52.8

Net Cash Flow from Investing Activities (17.5) (17.9) (18.4) (18.8) (19.3) (19.8) (20.3) (20.8)(Add Back) Interest Paid 3.3 3.3 3.3 3.3 3.4 3.6 3.6 3.6

Cash Flow Available To Capital Providers 41.7 30.7 31.5 32.2 33.0 33.9 34.7 35.6

Interest Paid (3.3) (3.3) (3.3) (3.3) (3.4) (3.6) (3.6) (3.6)

Debt Drawdowns - - - - 50.0 - - -

Debt Repayments - - - - (45.0) - - -

Cash Flow Available to Equity (CFAE) 38.5 27.5 28.2 29.0 34.6 30.3 31.2 32.0



Cash Flow Available for Dividends 38.5 27.5 28.2 29.0 34.6 30.3 31.2 32.0

Dividends Paid During Period (14.9) (15.3) (15.7) (16.2) (16.5) (16.9) (17.4) (17.8)Net Increase / (Decrease) in Cash Held 23.6 12.1 12.5 12.8 18.1 13.4 13.8 14.1


Notes

1. All values are stated in $Millions unless stated otherwise.

Go to Income Statement

Go to Balance Sheet


38/50

Dashboard OutputsSub-Section 3.3.Forecast Business Planning Model 6.0 (Basic)


Contains a dashboard-style presentation output sheet.



Dashboards_SSC


Business Planning Summary


39/50

Business Planning SummaryForecast Business Planning Model 6.0 (Basic)

Year Ending 31 December 2010 (F) 2011 (F) 2012 (F) 2013 (F) 2014 (F) 2015 (F)

Revenue 125.0 128.1 131.3 134.6 138.0 141.4

Cost of Goods Sold (25.0) (25.6) (26.3) (26.9) (27.6) (28.3)

Gross Margin 100.0 102.5 105.1 107.7 110.4 113.1

Operating Expenditure (40.0) (41.0) (42.0) (43.1) (44.2) (45.3)

EBITDA 60.0 61.5 63.0 64.6 66.2 67.9

Depreciation & Amortization (14.1) (14.5) (14.8) (15.2) (15.6) (16.0)EBIT 45.9 47.0 48.2 49.4 50.6 51.9

Interest Expense (3.3) (3.3) (3.3) (3.3) (3.4) (3.6)

Net Profit Before Tax 42.6 43.8 44.9 46.2 47.2 48.3

Tax Expense / (Benefit) (12.8) (13.1) (13.5) (13.8) (14.2) (14.5)

Net Profit After Tax 29.8 30.6 31.5 32.3 33.1 33.8

EBITDA Margin 48.0% 48.0% 48.0% 48.0% 48.0% 48.0%


Current Assets 51.8 65.3 79.0 93.1 112.4 127.1

Non-Current Assets 164.9 169.3 173.9 178.5 183.2 188.1

Total Assets 216.7 234.6 252.9 271.6 295.7 315.1

Current Liabilities 24.8 26.3 27.9 29.5 31.0 32.6

Non-Current Liabilities 56.0 57.0 58.0 59.0 65.0 66.0

Total Liabilities 80.8 83.3 85.9 88.5 96.0 98.6

Net Assets 135.9 151.2 167.0 183.1 199.7 216.6

Ordinary Equity 75.0 75.0 75.0 75.0 75.0 75.0

Retained Profits 60.9 76.2 92.0 108.1 124.7 141.6

Total Equity 135.9 151.2 167.0 183.1 199.7 216.6


Cash Receipts 135.7 127.9 131.1 134.3 137.7 141.1

Cash Payments (73.0) (66.4) (68.1) (69.8) (71.5) (73.3)

x h O

Balance Sheet

Cash Flow Statement

Income Statement


110

115

120

125130

135

140

145

150

155

2010(F)

2011(F)

2012(F)

2013(F)

2014(F)

2015(F)

Revenue

Revenue

Operating Expenditure - CommitteDiscretionary - 2010(F)

36

38

40

42

44

46

48

50

2010(F)

2011(F)

2012(F)

2013(F)

2014(F)

2015(F)

Operating Expenditure

Operating Expenditure


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AppendicesSection 4.Forecast Business Planning Model 6.0 (Basic)

Section Cover Notes

Contains checks and lookup tables.



Appendices_SC



41/50

ChecksSub-Section 4.1.Forecast Business Planning Model 6.0 (Basic)

Sub-Section Cover Notes

Contains error, sensitivity and alert checks.



Checks_SSC



42/50

ChecksForecast Business Planning Model 6.0 (Basic)

x h O

Error Checks

##

Errors Detected - Summary

Total Errors: -

Error Message (Empty if None):

Error Checks

Error Checks Check Include? Flag

Working Capital - Assumptions - Yes -

Accounts Receivable Balances ($Millions) - Yes -

Accounts Payable Balances ($Millions) - Yes -

Assets Balances ($Millions) - Yes -

Intangibles Balances ($Millions) - Yes -

Ordinary Equity - Outputs - Yes -

Income Statement - Yes -

Balance Sheet - Yes -

Cash Flow Statement - Yes -

Total Errors: -


Include summary in model name?


43/50



Sensitivity Checks

##

Sensitivities Detected - Summary

Total Sensitivities: -Sensitivity Message (Empty if None):

Sensitivity Checks

Sensitivity Checks Check Include? Flag

Total Sensitivities: -



44/50



Alert Checks

##

Alerts Detected - Summary

Total Alerts: -Alert Message (Empty if None):

Alert Checks

Alert Checks Check Include? Flag

Ordinary Equity - Outputs - Yes -

Balance Sheet - Yes -

Total Alerts: -



45/50

Lookup TablesSub-Section 4.2.Forecast Business Planning Model 6.0 (Basic)

Sub-Section Cover Notes

Contains model lookup tables.



LU_SSC



46/50

Time Series Lookup TablesForecast Business Planning Model 6.0 (Basic)

Time Series Lookup Tables

Month Days Names

Month Days LU_Mth_Days

1

2

3

4

56

7

8

9

10

11

12

13

14

15

16

1718

19

20

21

22

23

24

25

26

27

2829

30

31



TS_LU

Printed: 6:04 AM on 4/28/2013Page 46 of 50


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Month Names Names

Month Names LU_Mth_Names

January

February

March

AprilMay

June

July

August

September

October

November

December

Denomination Names

Denomination LU_Denom

$Billions Billions

$Millions Millions

$'000 Thousands

$ Currency

Data Term Basis Names

Data Term Basis LU_Data_Term_Basis

Active Data Periods

Projections Start


TS_LU



48/50




Periodicity Names

Periodicity LU_Periodicity

Annual Annual

Semi-Annual Semi_Annual

Quarterly Qtrly

Monthly Mthly

Period Type Names Names

Period Type Names LU_Period_Type_Names

Year Yr_Name

Half Year Half_Yr_Name

Quarter Qtr_Name

Month 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 Ten100 Hundred

1,000 Thousand

1,000,000 Million

1,000,000,000 Billion


TS_LU


C i l k bl


49/50

Capital - Lookup TablesForecast Business Planning Model 6.0 (Basic)

Capital - Lookup Tables

Dividend Method Lookup Names:

Dividend Method LU_Eq_Ord_Div_Meth

% of NPAT

Assume Dividend Amounts



Capital_LU


hb d k bl


50/50

Dashboards - Lookup TablesForecast Business Planning Model 6.0 (Basic)

Dashboard Lookup Tables

Selected Period Lookup Names

Selected Period LU_Dashboard_Selected_Period

2010 (F)

2011 (F)

2012 (F)

2013 (F)

2014 (F)

2015 (F)

2016 (F)

2017 (F)



Dashboards_LUPrinted: 6:04 AM on 4/28/2013 Page 50 of 50

bpmtoolbox 6.0-forecast business planning model example (basic)

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