PFI/PPP MODELLING SERVICES

Corla offers PPP/PFI operational modelling services including:

• New operational model build
• Shareholder/Director analysis of existing operational models for valuation,    refinancing and variations
• Operational model update with management accounting actuals
• IFRS switch implementation in existing operational models
• Management accounts actuals manipulation and simplification
• Modelling advice & best practice.

Dominic Robertson is the Director of Modelling at CorLa

Approach and Experience

• Use of the FAST modelling standard throughout
• Long-running modelling experience in the UK PPP/PFI sector, in one way or another    providing more than 10% of the operational PFI projects in the UK, with involvement    in the rebuild of over twenty operational models

            Dominic has been modelling since the mid-nineties.
            Specifically his experience includes:

• Manager of the Andersen model audit function for Europe, Middle East & Asia    responsible for nineteen large transactional model audits
• Manager in the Business Modelling group at Andersen in London responsible for    many model build projects
• Analyst in the Infrastructure Team at Babcock & Brown in London closing various PFI    and other infrastructure deals.
• Dominic also built the first operating model for a BSF project in the UK in late 2009.

CLIENT MODELLING REQUIREMENTS

CorLa has developed a set of important Client Modelling Requirements from a modelling services provider that we share with our Clients.   These are:

Require a full model -
not a skeletal approximation that will require expensive maintenance

Require simple indexation -
there is an easy approach to gather indexation actuals from the Office of National Statistics website and input into the model

Require a 'management accounts machine' -
if your model requires management accounts then why not process the raw output from Sage into the model?

Require transparent modelling -
to make the model accessible both to managers and modellers

Require important working capital logic -
how to avoid the first forecast period ratio blues

Require in-model multiple sensitivity analysis -
to run as many scenarios as you like

Require a holistic approach to operating your model -
use the simple methods of Event Driven Analysis to better deal with your work and reports for shareholders, lenders or directors.