Company Valuation Under IFRS : Interpreting and Forecasting ...

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Index Regulatory capital 274, 281, 284, 297 Reinsured premiums 302 Replacement cost accounting (RCA) 246 Research and development (R&D) 157-158, 160, 231 Residual income (RI) 3, 15-19, 206, 288, 298, 324-325, 381 Restructuring costs 178-179, 189 Retention ratio 11, 15 Retirement 74, 117-119, 132, 182, 196, 254, 261, 397 Return on capital employed (ROCE) 71, 84, 198-199, 207, 221, 228-229, 248, 255, 378 Return on equity (ROE) 11, 15-16, 153-155, 192-193, 199, 297 Revenue recognition 89-99, 223, 284 Reversion 161, 339 Reversionary yield 340 Risk capital 298, 333-334 Risk premium 28-29, 32-33, 45, 48, 50-53, 65-69, 202, 211, 213, 217, 259, 382 Risk weighted assets (WRA) 280, 283-284, 288, 296 Runoff 311, 322 S Share buy-backs 166, 191, 192, 220 Share disposals 357, 359 Share issue 191 Short term debt 61, 140, 183, 194-196, 201, 227, 362-363 Solvency ratio 281, 323-325 Special Purpose Entities (SPE) 151 Stock options 100-106 Subordinated debt 282-284, 289, 309-310 Successful efforts 264, 268, 272 Synergy 364 T Tangible fixed assets 155, 176, 183 Tax reconciliation 112, 115 Tax shelter 40-47, 51-52, 54, 69, 204, 212-213, 218, 383 Taxation 3, 18, 19, 35, 40-43, 107-116, 129, 133-134, 178-179, 184, 186, 188, 194, 203-204, 260, 295, 324, 328 Technical provisions 129, 312, 323 Technical result 301 Terminal value (TV) 7-8, 17, 68, 80, 84, 169, 199, 203, 205-206, 208-211, 218, 405
Company valuation under IFRS 256, 258, 325, 333 The International Accounting Standards Board (IASB) 101 Three period model 238, 239, 241, 243 Tier I capital 287, 297-298 Tier II capital 280 Tier III capital 281 Time value 59, 92, 101, 128 Time varying WACC 54, 201, 217, 219 Trading book 281, 283 Two period model 242 U UK Generally Accepted Accounting Principles UK GAAP 278-279 Underwriting 307, 308, 321-323 Unleveraged Beta 298 Unwinding of discount rate 189, 263, 270, 277, 326-327 Utilities 31, 75, 85, 88, 180, 245-248, 258-259, 260, 272, 364, 380 V Value driver 199, 205, 208 Variable costs 177, 237 W Weighted Average Cost of Capital (WACC) 18-19, 35-36, 43, 47, 199, 368 Z Zero coupon bond 277 406
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Company valuation IFRS under Interp
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HARRIMAN HOUSE LTD 3A Penns Road Pe
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Contents Index of exhibits About th
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Index of exhibits Chapter One 1.1 C
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Index of exhibits 4.28 Capitalising
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About the authors Nick Antill: Sinc
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Company valuation under IFRS Most q
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Company valuation under IFRS Chapte
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Acknowledgments The authors have be
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Company valuation under IFRS Are th
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Company valuation under IFRS In add
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Company valuation under IFRS The sa
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Company valuation under IFRS Furthe
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Company valuation under IFRS Sadly,
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Company valuation under IFRS Exhibi
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Company valuation under IFRS the ea
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Company valuation under IFRS One ad
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Company valuation under IFRS 2. Div
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Company valuation under IFRS premiu
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Company valuation under IFRS K E =R
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Company valuation under IFRS 5. Bui
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Company valuation under IFRS Gains
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Company valuation under IFRS Exampl
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Company valuation under IFRS 1. For
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Company valuation under IFRS Exampl
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Company valuation under IFRS Deriva
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Company valuation under IFRS Most a
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Company valuation under IFRS 8.5 Im
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Company valuation under IFRS 9.2 Wh
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Company valuation under IFRS In man
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Company valuation under IFRS balanc
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Chapter Five Valuing a company Pull
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Chapter Five - Valuing a company Ex
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Chapter Five - Valuing a company 3.
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Company valuation under IFRS 2. CCA
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Company valuation under IFRS 5. Nom
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Company valuation under IFRS 1.4.7
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Company valuation under IFRS Costs
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Company valuation under IFRS techni
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Company valuation under IFRS Under
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Company valuation under IFRS assump
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Company valuation under IFRS 4. Leg
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Company valuation under IFRS busine
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Company valuation under IFRS Model
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Company valuation under IFRS capita
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Company valuation under IFRS to fad
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Chapter Seven An introduction to co
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Chapter Seven - An introduction to
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Page 410 and 411: Further reading Introduction This b
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Page 424 and 425: Index A Accrual 14-15, 90, 99, 106,
Page 426 and 427: Index E Earned premiums 301-303, 32
Page 428 and 429: Index J Joint venture 354 L Leases
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