Prospectus - Notowania

PPA Acronym of Purchase Price Allocation, it indicates,
within the sphere of application of IFRS 3 and, in
greater detail, within the sphere of accounting using the
purchase cost method (“Purchase Method”):
(a) the statement in the purchaser’s financial
statements, as of the date of acquisition, of the
fair value of the net assets of the companies
acquired, even if not recorded previously in
their financial statements; and
(b) any positive (negative) excess/deficit between
the (i) purchase cost and (ii) the fair value of
the net assets acquired, recorded in the
purchaser’s financial statements as goodwill.
Pricing Mechanism which proposes to quantify the price or the
value of the credit or the product, to be paid by the
debtor, the transferee or the purchaser of the same, as
well as to establish the discount policies and those for
modelling the calculation of this quantification.
Although this mechanism can be used as leverage for
increasing the profitability of the company, it must in
any event lead to a definition of a price suitable for
covering the cost of the funding; the operating costs
associated with the approval process; the anticipated
loss and that not anticipated, taking into account a
profitability target for the capital employed.
Private Banking Offer of personalized and high quality/complexity
services addressing a limited number of customers with
complex financial needs and funds.
Project Finance Technique which is used to finance industrial projects
on the basis of a forecast of the cash flows generated by
the same. The review is based on a series of
assessments which differ from those generally
established for the analysis of the ordinary credit risks.
These assessments include not only the analysis of the
cash flows but also the technical review of project, the
suitability of the sponsors who are committed to
achieving it, and the markets the product is placed on.
RMBS Acronym of Residential Mortgage Backed Securities.
ABS type securities characterized by the fact that the
underlying assets are residential mortgage loans.
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