Improving Financial Management

Improving the Financial

Management of Your Business

Management’s biggest challenge?

Ensuring their strategies positively impact: Profitability Growth Cash flow …..

However strategies are realised by people.

So the key is to develop employees’ understanding of business and the basis on which it operates i.e.

- To develop a business mindset

What if every team member understood:

• The key financial drivers,

• How the Business is performing,

• What key ratios the Business measures and why, and

• How they can positively influence the financial situation of the Business?

Our Vision of Success.........

The Problems:

1. Financial Communication

2. Financial Literacy and Understanding

Traditional reports create more confusion than understanding for most employees.

1 YTD, DECActual 2005

FULL YEARFC1 2006

FULL YEARIAS Restated

Budget2006

FULL YEARIAS Rest.

Actual2005

Tangible non current assets 265 411 524 222 245 222 4 535Goodwill 421 456 866 455

Other intangible assets 345 533 453 533 556 666 33 535Deferred income tax assets 435 43 53 453Shares in subsidaries 453 89 5 654 565

Other long non-intb rcvbls, external 5 656 56 4 888 533Long intb rcvbls, externalFinancial assets 23 455 3 566 565 5 577Non-current assets 3 452 453 3 557 667 867 867 8 687 666

Stock 87 687 786 8 967 6 786Work in progress 456 456 456 64 363 644 534Work in progress 455 435 4 568 768 46 555 465 786Adv. from Customers, 56Work in progress 65 645 4 565 544 456 456 541Accounts rcvbls Gross, external 456 546 453 533 487 893 453 455Accounts rcvbls Gross, internal 16 541 456 379 78 222Accounts rcvbls, Provisions 4 565 678 645 645 456 87 788Accounts receivable 4 565 45 378 156 548 728

Other prepaid cost and accrude rev, ext 456 645 6 789 456 556 789 889Other prepaid cost and accrude rev 455 566 7898 78 789Prepaid costs and accrued revenues 789 456 45 645 789 668Current income tax receivables 789 7 898 876 789 788Current non-intb rcvbls, external 897 888 9 789 998 546 544 232 131Current non-intb rcvbls, 42 342 23 123 12 312 3 322Group contribution rcvbls,

Other non-interest bearing current rcvbl 54 645 2 312 213 123 123Non-interest bearing current assets 12 323 333 2 123 11 233 412 324

Current intb rcvbls 5 464 12 312 123 213 12 323Other financial assets 3 123 12333 656 225 545Short term investments, Cash Pool receivable, 456 232 1 232 333 232 321 45 654 123Cash and bank deposit 11 165 45 654 56 556 456 564Cash and cash equivalents 2 313 456 1 233 125 4 655 456Total current assets 4 565 656 32 123 123 456 456 123 46 545 343 123Total assets 123 456 796 3 123 456 734 4 246 554 678 4 565 465

Retirement benefit obligations 5 484 163 86 351 851 6 515 484 5

Deferred income tax liabilities 84 855 8 484 515 84 415Total deferred income tax liabilities 184 8 451 8 451 8 451

Long-term provisions 84 451 584 151 84 548

Total long term liabilitiesTotal non-current liabilities 54 654 654 561 56 464 65 464

Advances from Customers, 654 654 654 645879/7 64 684 436Work in progress,

Advances from Customers 64 575 87 55 64

A/c payable to suppliers, external 546 846 874 684 684 654 64 894

A/c payable to suppliers, 64 5 654 6 548 468 4 684A/c payable to suppliers, 6 465 6 874 684 68 468 484

Accounts payable 68 464 6 846 4 684 68434519/

Current income tax liabilities 641 6 846 5 454 6 516 116Current non-intb liabilities, external 664 846 384 96 876 614 561

Current non-intb liabilities, 54 654 654 654 161 61 681 681

Current non-intb, diff 61 684 5 641 684 1 684 51 641Group contribution liabilities, 65 864 5 616 548 641

Group contribution, diff 54 651 64 654 56 161 6 654

Other non-interest bearing liabilities 654 6 516 856 31 968 468 1 651Short-term provisions 6 165 165 1 684 651 698 465

Prepaid revenues, 4 651 684 164 651 6 161 61

Accrued interest cost external 6 516 841 51 681 66 816 586 1 681Accrued interest cost 6 545 631 651 61 651 561 684

Accrued personnel cost 19 864 1 635 198 641 684 6 316 874Other accrued cost and prepaid rev, ext 635 468 4 165 168 4 635 4 681

Other accrued cost and prepaid rev, 68 165 168 1 681 68 161

Accrued costs and prepaid revenues 681 681 68 681 681 681 668Non-interest bearing current liabilities 6 161 6 816 6 816 868 464 616

Short-term borrowings, external 468 6 546 5 456 321 651Current intb liabilities, 961 6 516 84 6 519 641

Current intb, diff 641 614 6 948 6 541 651

Short-term borrowings 6 841 65 146 54 64Total current liabilities 6 516 51 6 849 684 93

TOTAL SHAREHOLDERS' EQUITY & LIABS 65 416 876 5 146 46 549 846 41

Control line to be 0 6 465 684 64 684 687 6 848

They can even drive you a bit mad!!!

The Solution? - Communicate finance and business using shapes and colours

Profit & Loss account

Expense

Balance sheet

AssetsShareholders funds& Liabilities Income

Good business…

…increases financial strength!!

Traditional finance training usually conjures up this image!!

Our finance training is fun!

Our Experience

We have been running this approach in Australia since 2005.

It has been delivered to over 230,000 participants worldwide!

Typical feedback –

“Fun and Interactive....Loved the Game... Never thought finance could be this much fun!!”

For more information..

Visit www.financialtrainingaustralia.com

Or

Call 03 9510 9401