讲座培训课件 CFROI 管理包CFROI Management Pack.ppt

Draft Document -Figures are not the real ones CFROI 管理包CFROI Management Pack Deloitte Consulting, Singapore ? 1999 Deloitte Touche Consulting Group CFROI管理帐号 – 内容 CFROI Management Account- content 集团层次 (月报) Corporate level (Monthly report) CFROI趋向分析 (集团) CFROI trend analysis (Corporate) 税后营运现金流趋向分析 Operating After Tax Cash Flow (OATCF) trend analysis 资产贬值趋势 Depreciating Assets (DA) trend 非贬值资产 Non Depreciating Assets (NDA) 各厂的贡献 Mill contribution 三种因素的异同影响 Variance and Relative impact of the three elements 净销售分析 Net Sales analysis 生产成本分析 Production Costs analysis 贬值资产分析 Depreciating Assets analysis 非贬值资产分析 Non Depreciating Assets analysis 同类比较 (只限于月报) Peer comparison (Quarterly Report Only) 评估 (只限于月报) Valuation (Quarterly Report Only) 对于工厂级别也要进行同集团一样的分析 Mill level : same analysis as corporate level 报告目的 Objective of the report 这份报告主要通过对CFROI效绩的衡量对纸品公司的真实财务表现、预算以及长期的目标进行了比较。The objective of this report is to compare Paper Company’s actual financial business performance against budget and stretch targets using the Cash Flow Return On Investment (CFROI) performance measure . CFROI是业务营运的经济效绩衡量指标。CFROI衡量了一个集团从资产产生现金的能力。CFROI衡量同内部的项目收益率非常相似，但是它适用于整个的业务。 CFROI is an economic performance measure of the operations of the business. CFROI measures the ability of the business to generate cash from the assets of the organization. As such the CFROI measure is similar to the internal rate of return of a project but applied to a business as a whole. 用于计算CFROI的经济因素有： The economic factors used to compute the CFROI are: · 税后现金流营运 – 如业务产生的现金 Operating after tax cash flow – e.g. the cash generated by the business · 非贬值资产 – 如：生产资本和土地 Non-depreciating assets – e.g. working capital and land · 贬值资产 – 如：厂房，用具和设备 Depreciating assets – e.g. plant, property and equipment CFROI是基于业务的年财务效绩的。为了产生月CFROI报告,本年的的数据??? 如下： The CFROI is based on the annual financial performance of the business. In order to generate the monthly CFROI report the year-to-date