Company Valuation Under IFRS : Interpreting and Forecasting ...

Index of exhibits
4.28 Capitalising development costs 158
4.29 Danisco intangible assets 158
4.30 Reckitt Benckiser total recognised gains and losses 164
Chapter Five
5.1 Metro accounts forecasts 171
5.2 Metro valuation 202
5.3 Metro valuation with buy-back 214
5.4 Sandvik ROCE 221
5.5 Sandvik sales growth 222
5.6 Sandvik EBIT margin 223
5.7 Sandvik inventory days 224
5.8 Sandvik capex/depreciation 225
5.9 Danone ROCE calculations 227
5.10 Growth company model 232
5.11 Fade routine 240
5.12 Three values for Metro 242
Chapter Six
6.1 Current cost accounts model 249
6.2 Exxon exploration and production model 266
6.3 IASB proposals regarding upstream oil activities 273
6.4 Bank balance sheet 275
6.5 Classification of bank loans 276
6.6 Bank income statement 277
6.7 UK GAAP and US GAAP bank net income 279
6.8 Barclays US and UK GAAP net income 279
6.9 Barclays bank economic capital 286
6.10 Commerzbank accounting and valuation model 290
6.11 Accounting terms for insurance 300
6.12 Accounts for typical insurance company 301
6.13 Calculation of net earned premiums 302
6.14 Insurance claims development table 307
6.15 Model of general insurance business 312
6.16 Achieved profit versus statutory profit 326
6.17 AP versus MSS profit chart 327
6.18 AP versus MSS NAV 327
6.19 Legal & General model 330
6.20 L&G valuation sensitivities 334
6.21 Property company fade routine 339
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