Fachliteratur - Bewertung von Forstbetrieben - Rentabilitätsrechnung
Fachliteratur - Bewertung von Forstbetrieben - Rentabilitätsrechnung
Fachliteratur - Bewertung von Forstbetrieben - Rentabilitätsrechnung
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1<br />
UnternehmensbewertungOnline<br />
Controlling im Corporate Finance<br />
<strong>Bewertung</strong> <strong>von</strong> <strong>Forstbetrieben</strong> – <strong>Rentabilitätsrechnung</strong><br />
siert. Die Berechnung der Kapitalverzinsung erfolgt im Verhältnis zur Investitionssumme.<br />
Für das Jahr 2009 ergibt sich eine absolute Verzinsung <strong>von</strong> knapp über 5<br />
Prozent.<br />
1.2 Executive Summary (English)<br />
While calculating the earning power of investments in forest land, the characteristics<br />
of wood production are to be considered. Due to biotic and abiotic factors, investments<br />
in forst land differ fundamentally from investments in other fixed assets.<br />
In private forest enterprises information’s about size and financial status are not<br />
available at a due day. Hence, the performance figure „profit“ is incomplete in financial<br />
accounting. For the computation of an expressive net yield characteristic<br />
number the annual change of forest fortune is to be registered and monetized.<br />
VORSCHAU<br />
By the example an existing forest enterprisis a procedure for the collection of the periodic<br />
changes of forest fortune for internal purposes was developed. The basis of<br />
the calculation of the forest fortune are comparison of target and actual business results.<br />
Thereby not the change of the intire wood stock capital is intendet, but the deviation<br />
from the target, which stands for sustainable forest management and fortune<br />
development.<br />
Altogether the consideration of the changes of forest fortune leads in the investigation<br />
year 2009 to an extended operating result, which is appropriate for approximately<br />
40 per cent over the profit proven in the bookkeeping. The substantial portion<br />
of the fortune increase was realized by the evaluation of the unused increase.<br />
The computation of the capital return takes place in relation to the investment sum.<br />
For the year 2009 absolute interest charges of scarce result over 5 per cent.<br />
Unternehmensbewertung, <strong>Bewertung</strong>smethoden, Akquisitionsfinanzierung, Corporate Finance<br />
(c) OLZOG Verlag GmbH<br />
Seite 2
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