Presentation to the Western Cape IMFO by INCA Portfolio ...cdn.entelectonline.co.za/wm-566841-cmsimages/INCA.pdf · Presentation to the Western Cape IMFO by INCA Portfolio Managers

Prepared by

Inca Portfolio Managers

1 June 2015

Presentation to the Western Cape IMFO

by

INCA Portfolio Managers

Financial Advisors to the Municipal Sector

Prepared by Inca Portfolio Managers | Page 2

Who is INCA?• INCA Portfolio Managers is registered with the Financial Services

Board as a financial services provider

• We provide financial advisory services to the Municipal Sector, e.g.

• Independent Financial Viability Assessment • Long Term Financial Plan

Prepared by Inca Portfolio Managers | Page 3

IDP & Infrastructure Master Plans

Conversation with

Directorates

Economic & Demographic Perspective

Asset Register

Historic Financial Assessment

Model

Body of

Long Term Financial Plan

Knowledge

Long Term Financial Planning Process

Prepared by Inca Portfolio Managers | Page 4

Who is INCA?• INCA Portfolio Managers is registered with the Financial Services

Board as a financial services provider

• Providing financial advisory services to the Municipal Sector, e.g.

• Independent Financial Viability Assessment • Long Term Financial Plan

• Other services include:

• Cash management & Investment advice

• Adjudication of Financing Proposals

• Assessment of Fixed Asset Registers

• Assessment of Movable Assets [Office Automation]

• Drafting of Financial Policies

• Managing a loan portfolio for INCA

• Establishing a new debt fund accessible to Municipalities

NEW:Watch this

space

Prepared by Inca Portfolio Managers | Page 5

Why INCA?

• We believe that our success in the municipal sector relates to our services being:

• Affordable• Professional• Independent• Interactive

• We leverage off our experience as Lender to the sector

• We have a track record, especially in the Western Cape

Prepared by Inca Portfolio Managers | Page 6

Track Record

1. Bitou LM

2. Cape Agulhas LM

3. Drakenstein LM

4. Eden DM

5. George LM

6. Hessequa LM

7. Knysna LM

8. Mossel Bay LM

9. Overstrand LM

10. Theewaterskloof LM

11. Stellenbosch LM

12. West Coast DM

New Assignments:

1. Langeberg LM

2. Swellendam LM

3. Witzenberg LM

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If the risk for the Municipality to generate its own revenue is a function of:

1.Economy as expressed by:

GVA / CapitaGVA Growth Rate p.a.

Tress Index

2.Household Ability to Pay as expressed by:

Unemployment RatePercentage Households in Equitable Share Bracket

Human Development Index

How do the Western Cape municipal regions perform?

Prepared by Inca Portfolio Managers | Page 8

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

80.00

-1.00%-0.50%0.00%0.50%1.00%1.50%2.00%2.50%3.00%

Tre

ss In

dex

GVA Growth Rate

Matzikama Cederberg Bergrivier Saldanha Bay Swartland Witzenberg Drakenstein Stellenbosch Breede Valley Langeberg Theewaterskloof Overstrand Cape Agulhas Swellendam Kannaland Hessequa Mossel Bay George Oudtshoorn Bitou

Prince Albert

Cape Town

Matzikama

Swartland

Municipal Revenue Risk Indicator [MRRI]: Economic Module

Prepared by Inca Portfolio Managers | Page 9

Municipal Revenue Risk Indicator [MRRI]: Household Module

Household Module

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00%

% H

ho

lds

in E

qu

itab

le S

har

e B

rack

et

Unemployment Rate

Matzikama Cederberg Bergrivier Saldanha Bay Swartland Witzenberg Drakenstein Stellenbosch Breede Valley Langeberg Theewaterskloof Overstrand Cape Agulhas Swellendam Kannaland Hessequa Mossel Bay George Oudtshoorn Bitou

Bergrivier

Hessequa

Bitou

Prepared by Inca Portfolio Managers | Page 10

What excites us about the Western Cape Municipalities?

• Provincial Government supportive of financial planning

• A joy to work with generally well capacitated Municipalities

Prepared by Inca Portfolio Managers | Page 11

Invitation

For more information on the above services provided by INCA, we propose that you:

Invite IPM to your offices for a more detailed presentationº

Enquire about our services from your Colleaguesº

Send an e-mail to any of the following: That’s

me

Thank you

Tel: +27 [0]11 202 2201

Fax: +27 [0]11 202 2231

Unit F14, Pinewood Square

Pinewood Office Park

33 Riley Road

Woodmead