Professional Documents
Culture Documents
FINANCIAL MANAGEMENT
1. The Financing Decision : Find the right kind of debt for your firm and the right
mix of Debt & Equity to fund your operations
2. The Investment Decision : Invest in assets that earn a return greater than the
minimum acceptable hurdle rate
3. The Dividend Decision : If you cannot find investments that make your
minimum acceptable rate, return the cash to owners of your business
Operating Finance
Kemampuan perusahaan untuk membiayai dana yang dibutuhkan untuk operasi yaitu :
Siklus konversi kas
Uang tunai minimum tersedia
Kebutuhan valuta asing, termasuk lindung nilai
Capital Budgeting
1. Financing allocation :
a. Mengelola proyeksi arus kas
b. Perkirakan kapasitas keuangan perusahaan untuk berinvestasi
c. Berapa banyak yang diinvestasikan kembali ke perusahaan dan berapa
harganya dividen.
2. Funding Investment
a. Tinjau studi kelayakan untuk proposal investasi (nilai pasar)
b. Perkiraan perkiraan pengembalian investasi (Hurdle rate dan / atau WACC).
c. Tinjau kembali dampak investasi terhadap perusahaan (nilai investasi)
Capital Structure
1. Capital Structure
o Bagaimana mendanai kebutuhan finansial perusahaan
- Rasio Hutang / Ekuitas
- Sumber hutang
- Sumber ekuitas
o Biaya modal
2. Source of financing
3. Cost of Capital
1. Investor
Relation 1. Treasury Opco
2. Treasury Group 2. Tax & Assurance
3. FInancial 3. Receivable &
Accounting Payable
4. Budgeting & 4. Accounting Finance
Financial & Reporting
Perfomance
Evaluation
Synergy
SMI implement synergy among group members in every aspects, including financial,
such as: Notional Pooling, Join Borrowing, Corporate investment loan, hedging, etc.