EXCEL FINANCIAL MODELLING
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3 Statements Financial Modelling
Income Statement: revenue build-up and variable costs, fixed costs, EBITDA, interest, taxes and net income
Cash Flow Statement: operating cash flow, investing cash flow and financing cash flow
Balance Sheet: cash, net working capital, PP&E, financial debt and equity
DCF Financial Modelling
Cash Flow Projections: from EBIT to unlevered Free Cash Flow
Beta Calculation: comparable companies analysis, Hamada formula
CAPM & WACC: return on equity based on the capital asset pricing model, interest, tax shield
Enterprise Value: terminal value computation (perpetual growth rate, discounted cash flows)
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LBO Financial Modelling
Assumptions: input for revenue, costs, leverage, interests etc.
Sources and Uses: funding amount, fees, acquisition value
Income Statement: operating model for LBO structure
Cash Flow Statement: operating cash flow, investing cash flow and debt repayment
Debt Schedule: leverage structure, debt repayment and interests
Return Analysis: IRR and MoM computation
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