Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 2 19 Aug 05.

Slides:

Advertisements

Similar presentations

Option 1 Investing Year 10 Commerce 2013 From commercedotcom chapter 3.

Advertisements

EVALUATION OF FINANCIAL PERFORMANCE Finance revolves around MONEY Functions of MONEY: MONEY is what MONEY DOES MONEY is a MEDIUM OF EXCHANGE (it is a.

Development managing the risk a presentation by ROGER FORD MRICS London, 29 th June 2004.

Chapter 15 FIGURE 15.1 ADDING VALUE IN AN ACQUISITION FIGURE 15.2FINANCING ACQUISITIONS WORKING INSIGHT 15.1SYNERGY CHECKLIST WORKING INSIGHT 15.3 RELATIONSHIP.

Chapter # 4 Instruments traded on Financial Markets.

Bootstrapping and Financing the closely held company

Topic 4 Financing Strategies. Topic 4: Financing Strategies Learning Objectives – (a) Analyze the various sources of borrowing available to a client and.

Sources of Business Finance

Course Title: Financial Statement Analysis Course Code: MGT-537

BUSINESS WITH CONFIDENCE icaew.com Clive Lewis, Head of Enterprise SME Access to Finance Introduction.

McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved CHAPTER15CHAPTER15 CHAPTER15CHAPTER15 Financing Corporate Real Estate.

Lesson 6 Objectives Understand what a financial plan is and its relationship to different types of budgets. Know the difference between debt and equity.

Slide 1 COMMERCIAL LENDING Commercial Loans Commercial Credit Analysis Small Business Loan Programs 8.

Key Concepts and Skills

Chapter 16 Financing. Learning Objectives  Identify the common methods of debt financing for firms.  Identify the common methods of equity financing.

Finance Structures and Issues in the UAE Financial structure is a mixture of long–term debt and equity that a company uses to finance its operations, it’s.

Financial Statement Analysis

Sources of Finance and the Cost of Capital. learning objectives sources of finance equity capital compared with debt capital gearing the weighted average.

MSE608C – Engineering and Financial Cost Analysis

Chapter 5 Vehicle Financing. STUDY OBJECTIVES At the end of this chapter students will be expected to: Have insight into investment analysis with regard.

Overview of Finance. Financial Management n The maintenance and creation of economic value or wealth.

Ratio Analysis.

11.1PPS t/a Carnegie et al; Accounting: Financial and Organisational Decision Making © 1999 McGraw-Hill Book Co. Aust. ACCOUNTING Financial and Organisational.

FINANCING THE VENTURE. Financing the Venture  Capital is any form of wealth employed to produce more wealth.  Three forms of capital are commonly identified:

Financing. Types of Finance Debt Equity Debt Normally from Banks Amount loaned and interest rate – Depends on risk & developers standing – % of.

1 Setting up or Buying a General Practice Presented By Manoj Miranda Director Healthcare Capital Management.

SOURCES OF FINANCE MEDIUM Term Loans Leasing - Operating - Financial - Sale and Leaseback Hire Purchase.

By Ben Youn Copyright 2014 Quantum Business House WELCOME to QUANTUM BUSINESS HOUSE.

REVISION. QUESTION? WHAT ARE THE KEY SOURCES OF FINANCE AVAILABLE TO A COMPANY ?

Source of Funds Roads Implementation Program –Tied Work –Preferred Supplier –Open Market External Market –LGA –Other Government Departments –Utilities.

C. Financing a Small Business 4.00 Explain the fundamentals of financing a small business Discuss sources used in financing a small business.

Part 4 PowerPoint Presentation by Charlie Cook Copyright © 2003 South-Western College Publishing. All rights reserved. All rights reserved. Finding Sources.

Selecting a Minimum Attractive Rate of Return Chapter 15 Mechanical Engineering 431 Engineering Economics.

An Introduction to Basic Finance

The Statement of Cash Flows Chapter 4 The Statement of Cash Flows Answers u u How Much Cash Was Provided by Operations u u What Amount of Property and.

Capital Budgeting and Financial Planning Course Instructor: M.Jibran Sheikh.

Financial Accounting 1 Lecture – 41 Profit and Loss Account Shows profit earned or loss sustained from the operations of the business during the period.

Financial Ratios Clicker Quiz. What is this ratio? Market Price Per Share Earnings Per Share A. Inventory Turnover B. Accounts Receivable Turnover C.

Using only a portion of the proceeds for an investment Borrow remaining component Margin arrangements differ for stocks and futures Margin Trading Example.

INVESTMENT OPPORTUNITIES. Risk and Return Higher risk usually means a chance at a higher return. Also means that you could lose more money. Lower risk.

Lecture 28. Chapter 17 Understanding the Principles of Accounting.

Chapter 3 Financial Management Part 2 BCN 4772 Summer 2007.

Analyzing Financial Statements

C. Financing a Small Business 4.00 Explain the fundamentals of financing a small business Discuss sources used in financing a small business.

DEBT VERSUS EQUITY DECISION FORMAT AN APPLICATION OF FINANCIAL STRUCTURE THEORY.

SOURCES OF FINANCE. BUSINESS GROWTH - START UP CAPITAL ON THE LEFT, ONGOING FINANCING NEEDS ON THE RIGHT……

Project On Lease Financing.  A lease is a rental agreement that extends for one year or longer.  The owner of the asset (the lessor) grants exclusive.

VALUATION OF SHARES AND DEBENTURE. NEED OR PURPOSE  When two or more companies amalgamate or one company absorb another company.  When a company has.

Chapter 17 Financing a Business Methods of Obtaining Capital Selecting a Method of Obtaining Capital Sources of Outside Capital.

Entrepreneurship Mr. Bernstein Financing the Small Business Start-Up, pp December 2015.

Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 1 – 18 Aug 05.

Chapter Goals... Explain the role of finance for businesses in terms of capital expenditure and revenue expenditure Explore internal finance options –

Chapter Objectives Be able to: n Differentiate between the tax implications of debt capital financing and equity capital financing for issuers and investors.

Chapter © 2010 South-Western, Cengage Learning Investing in Mutual Funds, Real Estate, and Other Choices Investing in Mutual Funds 14.

Finnair Treasury & How aircraft are financed Mika Stirkkinen, Group Treasurer.

STARTER Does anyone know: – Why an overdraft would not be used to fund a long-term project? – Why the government may offer a grant to a large organisation.

Non-Bank Financial Institutions Finance Companies, Insurance Companies, Pension Funds, Mutual Funds, and Real Estate Investment Trusts Chapter 5 Dr. BALAMURUGAN.

© South-Western Educational Publishing Chapter 11 Investing for Your Future  Investing Fundamentals  Exploring Investment Options.

Business Finance Finance is the study of funds management. The general areas of finance are business finance, personal finance (private finance), and public.

“ من طلب العلا سهر الليالي” INSTRUCTOR: SIHEMSMIDA Second term1436 Principles of corporate finance 211FIN.

Investment Management

Financial Management Role of Financial Manager

Business Administration & Management

Topic 3 Finance and Accounts

الأساسيات والاتجاهات الحديثة

BSBSMB406A Manage Small Business Finance

Understanding Risk II Aswath Damodaran.

Chapter 4 Statement of Cash Flows

X100 Introduction to Business

Investing and Saving Standard 1: Discuss how saving contributes to financial well-being. Standard 3: Evaluate investment alternatives. Standard 4: Describe.

Presentation transcript:

Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 2 19 Aug 05

PROPERTY DEVELOPMENT IN JOHANNESBURG INNER CITY - IMPLICATION FOR BEE COMPANIES / CONSORTIUM Presented by Hatla Ntene 19 th August 2005

DEVELOPMENT ORGANISATION STRUCTURE PROFESSIONAL TEAM CONTRACTORS DEVCO DEVELOPMENT COMPANY INVESTOR/INVESTMENT COMPANY One Investor or Consortium Sales and Leasing Managemen t Company Outsourced Cleaning Security Maintenance etc

FUNDING Property finance requires a balance of equity and debt Equity is a limited resource Gearing at right levels enhances returns Equity Relationship between borrowed money and owner’s equity Debt Gearing

EQUITY FINANCIERS Investment is unsecured Prefers lower risk Seek to maximise their returns DEBT FINANCIERS Debt is typically secured Seek to minimise risk (property, interest rate, cashflow) Requires sufficient return (margin, fees)

DEVELOPMENT FINANCE Purpose for construction of a new property Characteristics Short term Approx. 80% of construction cost Monthly construction draws Interest capitalised High risk/high return

DEVELOPMENT FINANCE Purpose for construction of a new property Characteristics: Short term Approx. 80% of construction cost Monthly construction draws Interest capitalised High risk/high return

ACQUISITION FINANCE Purpose: To finance the purchase of an existing property Characteristics: Medium to long term Approx. 70% of purchase price One draw Interest only or interest and capital Medium risk/medium return