Oy Akvadyn Ab
YRITYSMALLI
User Manual
Helpdesk +358 40 5517 338 [email protected]
www.yritysmalli.fi/english.html
GENERAL INFORMATION
Yritysmalli is built so that manual entering of figures is minimized. No detail of historic data is necessary. If you
want historic data only the p/l and balance sheet is needed. All costs are entered with minus a sign (-).
The program has 1 comparison data year + start balance and 4 planning years. The software can also be used without comparison data. All income statement and balance sheet row names can be user defined. Avoid using decimals. A typical month change procedure is just updating the actual condensed PL& balance sheet data thru the
file import function and pressing one button once to update the Sensibility analysis (not mandatory).
Use the "Show all" (upper left corner) button in all sheets to display all years at once if a table is not entirely visible on your screen there might be a button on the left to open, if button not found you always unhide all columns
with the “Show all” (upper left corner). The years are hidden from buttons "Hide" for example 2019
Number input tables are found in the Simulation tab, Parameters and Link table (when manual input is used)
Number input is only possible where clearly indicated.
All number input tables are white surrounded by blue (except the 3 rows in month income statement).
In this manual the terms “Actual month”, “Historical value”, “Actual value” “ACT period” or “ACT Month” always
means a past closed bookkeeping month or year. Forecast month (FC) or year is every month or year that starts
from the last actual month or year.
CONTENTS OF THIS MANUAL
1 Description of functions in each sheet
Schematic description of functions in each sheet
Simulation ……………………………………………..
Parameters ……………………………………………..
Scenario ……………………………………………...
Accumulated ………………………………………...
Month
…………………………………………
Link
…………………………………………
Act Group (Group version) …………………….
Group setup ………………………………………….
2 Get started instruction
Standard version
page 2
page 2
page 8
page 9
page 12
page 13
page 13
Page 14
Page 18
Page 20
1|Page
CONTENTS OF THIS MANUAL (continued)
3 Troubleshooting
Troubleshooting ………………………………
Page 21
Appendix A
File Downloading and setup linking …
Page 23
Appendix B
Mergers and Acquisitions modelling …
Page 28
1. DESCRIPTION OF FUNCTIONS IN EACH SHEET
Saved simulation (2 different)
1 Simulation
4 Accum 5 Month (current simulation)
Income & Cost drivers
Balance sheet drivers
Income statement
Balance sheet
Cash flow
Investments, new loans
(quick input)
3 Scenario
6 Link
Scenarios (5 different)
Sensitivity analysis (3 outcomes)
Actual data from accounting system or
Consolidated data from Group Consolidation
Sensitivity parameters
2 Parametres
Act Group (Group
consolidation)
Group consolidation
Other balance sheet drivers
Detailed investments
Detailed loans
Manual adjustments to balance sheet
Setup parameters: row definions, organisation name
Accounting system (external)
2|Page
Increase or decrease whole year
sales
Show all years&text
Select any range in white area
and press + or -
Instruction
1. Income and cost Drivers
Industry Extreme Ltd
Year/quarter
2017
1.1 Sales and variable cost Drivers
Q1
Hide
Hide
2018
Sales Manufactory
101 %
+
+
2019
+
Hide
Sales Service
101 %
+
Hide
2020
Adjust periodiz. Sales New projects
101 %
Sales month
Hide text
Sales spare parts
101 %
Cost of goods Manufactory
100 %
Save this simulation Retrieve
Saved
Cost of goods Service
100 %
Save 1
Retr 1
19.4.17 12:37 Cost of goods New projects
100 %
Save 2
Retr 2
19.4.17 12:37 Cost of goods Spare parts
100 %
Other variable cost
0%
Personnel cost (production) development90 %
Accumulated Accumulated Inc stat&Balance
Monthly Inc stat & Balance
Depreciation real estate
7%
Month
Depreciation machinery
20 %
Interest
Push to update interest
Depreciation immaterial
15 %
Depreciation Goodwill
10 %
Average interest rate (short and long loans)2 %
Make automatic sensitivity analysis
Company tax rate
Adjust whole year sales Select range
And press
2017
+
Save theese
sim. param.
Interest
Move
planning
data on this
sheet
forw/back
2017
Q2
101 %
101 %
101 %
101 %
100 %
100 %
100 %
100 %
0%
60 %
7%
20 %
15 %
10 %
2%
2017
Q3
111 %
111 %
111 %
111 %
99 %
99 %
99 %
99 %
0%
40 %
7%
20 %
15 %
10 %
2%
2017
Q4
111 %
111 %
111 %
111 %
99 %
99 %
99 %
99 %
0%
20 %
7%
20 %
15 %
10 %
2%
2017
Q4
110 %
100 %
100 % Fixed cost devel
100 % ment
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
Sales development
Cost of goods
development
Sensibility analysis Press to start analysis
Sensibility results
Sensibilit param
Go to analysis results
Go to parameters
Move planning drivers on this screen
Move only
Sales,
variable
cost
Move forvard
Move back Move all
Move forvard
Move back Move varible
Save this situation as a Scenario
Save Scenario 1
Del 1
Save Scenario 2
Del 2
Save Scenario 3
Del 3
Save Scenario 4
Del 4
Save Scenario 5
Del 5
Saved
19.4.17 12:36
19.4.17 12:36
19.4.17 12:36
0.1.00 0:00
0.1.00 0:00
Go to Scenario Sheet
Investments
Go to investment detail
Detailed investment
Loans
Go to loan details
Year/quarter
1.5 Fixed Cost Drivers
Personnel cost fixed
Personnel cost voluntary
Rent
Leasing
Equipment & Software
IT cost
Development cost
Travel cost
Sales & Marketing
External services
Other fixed cost
Other cost&Income
Minority share of total result
1.6 Investments real estate
1.6 Investments machinery
1.61 Investments immaterials
1.7 Change in long term loans
2017
Q1
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
2017
Q2
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
2017
Q3
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
100 %
0
0
0
0
0
0
0
0
4 000
0
0
0
0
0
0
0
1.8 Capital turnover Drivers
2017
Q1
100 %
100 %
100 %
100 %
100 %
2017
Q2
100 %
100 %
100 %
100 %
100 %
2017
Q3
100 %
100 %
100 %
100 %
100 %
2017
Q4
100 %
100 %
100 %
100 %
100 %
Cash Minimum Manage cash position
Detailed loan
This file contains actual final bookkeeping
data until year and month:
2017/2
Quick investment
input
Accounts receivable turnover
Accounts payable turnover
Stock turnover
Other receivables
Other payables relative
Quick loan input
3|Page
Description of functions in the different sheets.
The numbers in the beginning of the text refer to a position in each sheet in the program file where you find the
corresponding number.
1. Simulation sheet
1.
Income simulation. Specify change of income from last year. Month periodization is automatic and the periodization can be changed in 1.9.
The formula for sales:
Total sales previous year * month periodization factor (Simulation 1.9 and parameters 2.97) *sales development
(Simulation 1.1)
1.
Cost of goods development. Cost of goods relative change. Example: 100% =relative cost of goods unchanged.
101%=margin will be less.
Formula for Cost of goods:
Cost of Goods last total year *simulation(1.1) * sales current month (this year)
These formulas can be changed in the delivery version upon request.
1.1 External services, wages and fixed cost External services are calculated like Cost of goods. Other parameters
(wages and fixed cost) are calculated as % change from last year. The simulation of income and cost is easily defined on simulation sheet. Cost and income can also be entered in Linkable 6.2
1.2 Depreciation % Calculates depreciation from acquiring cost residual + investments. Enter accruing cost residual
year 0 in parameters 2.92
1.3 Average interest rate % Calculation of interest on loans entered in parameters 2.3 and 2.4 is always up-todate. Interest on additional financing needed must be recalculated by pushing "interest" button. Interest button. The recalculation is automatic when saving a Scenario or Sensibility analysis. The calculation of additional
financing cannot be automatically calculated as there are 2 variables.
1.4 Company income tax %. Calculates (as a cash outflow) the tax for the month + or – the tax depending on the
result. Bigger tax prepayments (or later payments should be adjusted in the corresponding balance rows.
1.5 Fixed cost
Define change from last year per quarter.
Formula Month value = last year total/12 * Simulation % for the quarter.
If the simulation does not give sufficient results it is also possible to make manual corrections to the Income
statement rows by entering in the Link sheet FC periods numbers which will add or subtract the Forecast figures. It
is also possible to input figures in the Month sheet in sales Cost of Goods and Wages rows (specified rows marked
with text). The use of these rows is not recommended as the numbers tend to be left there after they
4|Page
should have been removed. (figures entered in the balance sheet rows will be ignored). Balance sheet corrections
to the forecast are made in the parameter sheet. Any figures entered anywhere in a Actual month field are ignored
by the program as all input comes from the Link table.
1.6 Investments (simulation screen) Investments can be either entered from Simulation screen (quick investment)
per quarter (divides investment to months by 3) or more exactly in Parameters 2.9
1.7 Change in long-term financing (simulation screen) The change in long-term financing can be either entered by
(Quick loan) roughly in Simulation screen on quarter level (change will be divided by 3 to months) or more exactly
in Parameters 2.5-2.7. In parameters an automatic function can be which copies the loan starting balance for all
simulation periods. A loan amortization is made butting in the amortization month the new balance value after
amortization and the new value will be automatically copied forward.
1.8 Simulation of other balance sheet values. More exact simulation possible in Parameters 2.5-2.8
The current simulation parameters (visible on the screen) can be saved as Simulation 1 and Simulation 2. They can
be retrieved back to the screen by pressing either of the “Retrive Simulation” buttons. Pls note that if you update
actual numbers in between saving and retrieving, the Simulation will change as one actual month replaces the
previous forecast month.
1.9 Month sales periodization parameters Periodization model can be chosen (1-5) Parameter table found in parameters 2.97
1.9 Sales monthly periodization
Go to param
Open
1 Scenario comment goes with Scenarion. Deletes itself when Scenarion is made
1 26-10-16 8:59:19 AM
1
1
2016 Enter month periodisation number (1-5)
2017 Enter month periodisation number
2018 Enter month periodisation number
2019 Enter month periodisation number
<-If whole table not visible press
Monthly sales periodization Graphically
(If not properly shown open all columns in Month)
Years
1 800
1 600
1 400
1 200
1 000
800
600
400
200
0
Series1
Month sales periodization
Sales Month all years
1.91 Sensibility analysis parameters. This program makes automatically 2 sensibility calculations: 1 current simulation + 2 different scenarios.
The results are found in the Scenario sheet: Scenario 1=first parameter table 2=current simulation 3= last parameter table.
Please also look at this instruction 3 Scenarios for a more detailed description. The parameters table is found in
1.91 (can be reached by pressing the "Sensibility parameters" button.
5|Page
Scenario number
Scenario parameters
If the table not entirely shown (4 years) press "open table" button. If the first column is not visible the copy first
column function will not work.
Back
Open table
If table not entirely visible press "open table"
1.91 QUICK SENSTITIVITY ANALYSIS PARAMET.2017 2017 2017 2017 2018 2018 2018 2018 2019 2019 2019 2019
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Scenario 1
Business category
Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero Diff/Ero
Sales 1
0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100
Sales 2
0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100
Sales 2
0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100
Sales 4
0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100 0.100
Cost of goods 1
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Cost of goods 2
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Cost of goods 3
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Cost of goods 4
0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Other variable cost
Personnel cost (production) development
All fixed cost
Acc reciv, acc payable, Stock
Investments real estate (from parameters)
Investments machinery
Investments immaterial
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
0.000
0.000
0.000
-0.050
-0.100
-0.100
-0.100
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Copy first column data
Copy
Scenario 3
Business category
Sales 1
Sales 2
Sales 2
Sales 4
Cost of goods 1
Cost of goods 2
Cost of goods 3
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Diff/Ero
-0.100
-0.100
-0.100
-0.100
0.020
0.020
0.020
Copy first column to all columns
1.92 Revaluation
Most assets can be revaluated and provision can be made for accounts receivables and stock by filling in revaluation %, -sign is a negative revaluation. The revaluation is automatically booked against respective asset. The cost
booking is automatically on line “revaluations” except stock which is affecting the Cost of Goods line. The revaluations do not cause any cash-flow effects except the eventual tax change.
1.92 Revaluation of assets
Use -sign for provision booking
Immaterial investments
Holdings in Group companies
Land areas
Real estate
Machinery
Stock
Accounts receivable
Loan receivables
2017 2018 2019 2020
Q4
Q4
Q4
Q4
RevaluationStarts each year end
RevaluationStarts each year end
-30,0 % RevaluationStarts each year end
RevaluationStarts each year end
RevaluationStarts each year end
-5,0 % 6,0 % 7,0 % 7,0 % Provision affects all months Cost of Goods p/l
-3,0 % -4,0 % -4,0 % -5,0 % Provision affects all months Revaluation p/l
6|Page
Graphics on simulation sheet
All the data in the Simulation screen is based on the Drivers inputs in the Simulation Screen and Parameters if
there is no text referring to Scenarios.
2 000
2 000
1 500
1 500
1 000
500
Net income accum
0
Cash flow cumulative
-500
1 000
Net income accum
Cash flow cumulative
Net income Scen 1
Net income Scen 3
-1 000
-1 000
-1 500
-1 500
-2 000
-2 000
Graphics Choose period
s "Show all" (at left). Input areas are white
Industry 4 Demo
Cash & Financing
3000
2000
1000
0
-1000
Cash
Operative Cashflow
-2000
Short term financing needed
-3000
Long-term financing
-4000
-5000
Scen1 Short term financing
Scen3 Short term financing
-6000
-7000
-8000
Cash, Operative cashflow, Short term financing and Long term financing are based on the Drivers in the Simulation
Screen and Parameters.
Scenario 1 & 2 Short term financing are based on the saved Scenarios.
All data on the Saved Scenarios graphics are based on the Saved Scenarios 1-5
7|Page
Copyright Oy Akvadyn Ab 2016
Saved Scenario 1 (1 parameter table in Sensitivity analysis)
8 000
6 000
4 000
2 000
2. Parameters sheet
2.1 Accounts receivable, Accounts payable and stock values manual input (optional) Accounts receivable, Accounts
payable and stock values can be entered here if automatic calculation is not used. The entered value replaces the
automatically calculated value for that month. If historic balance sheet data is not used turnover days must be set
here. By using the Set Parameter values (days).
2.2 Average VAT-> affects working capital Adjust average VAT % and Payroll tax % (Example if normal VAT in
your country is 24% and all you sales are in this use 24 %, if half of sales and rest in 0%VAT use 12%)
2.3 Long term loans Long term loans specified or as a total sum or detail, loan amortization is marked by adjusting
loan balance. Loan data for Act periods need not be entered. Total loans balance is retrieved automatically from
the Act balance sheet. Loan specifications entered in actual periods does not affect the modeling but can be put in
as info. Simulation can be made without loan data, in this case automatic financing required calculates needed
financing, remember to update interest by pressing the "interest" button.
Loan balances can be copied from the box, the balance is copied with a simple unprotected formula by which you
need to put the value after amortization in the correct month and the new balance will copy automatically.
2.4 Short term loans. Enter short term financing, you can use automatic calculation of short term financing in years
2-4 by entering minimum needed bank balance by year in parameters 2.41.
2.41 Minimum cash balance. Here the minimum cash balance per year is defined. Short term financing is automatically adjusted so that the bank with or without entered short term financing, balance is at least the entered
amount for FC periods. If the minimum cash balances do not show press the "open cash" button.
Example: if the minimum cash function returns an additional financing need of 1000 000 at the end of month, put
in a new loan of 500 000 then new additional financing need is 500 000.
2.5 Prepayments. The program automatically simulates development of prepayments based on previous balance
sheets and the parameters “Other receivables” on the Simulation sheet . Adjustments can be made here.
2.51 Other receivables same function as prepayments
2.6 Starting balance VAT, Salary TAX debt. Starting balance VAT, Salary TAX debt this is not mandatory but most
companies have relatively big amounts in their balance sheet.
2.7 Accruals. Works like other receivables and prepayments
2.8 Dividend. Paid dividend (- sign) enter once.
2.9 Capital increase Paid capital increase (+sign) entered once in actual month.
2.91 Investments. Investment is entered once. Depreciation is automatically calculated from depreciation in Income statement. More asset classes can be defined in delivery version.
8|Page
2.92 Fixed assets original purchase price year 0. Acquiring residual cost year 0, investments can also be entered
from Simulation sheet sum divided to 3 months.
2.93 Sale of fixed assets: Enter depreciated asset value and sales price , profit/loss is shown in P/L other income.
2.94 Immaterial assets: Goodwill, product development etc (like fixed assets)
2.95 Land areas: Land (no depreciation)
2.96 Years and organization name. Defines follow up years (12months) periods. Years 0 and 1 are reserved for
historic data the planning years start from
year 2. Any year can be used as historic data field by defining the column as “ACT”. If financial year differs from
calendar year you can change starting month. Set years so that starting balance/month (year=0) gets right.
2.97 Month sales periodization parameters table. Periodization is chosen from Simulation table (1.9) you need to
change these parameters only if any of the 5 predefined types do not apply to your business.
2.98 Row names. Define all p/l and balance sheet row names. By pressing "Row names" button you reach the
name fields, 1 column per language. In parameters 2.98 you can find more instructions. The name columns are
closed by pressing a language button in Simulation.
Industry Ltd
Industry Ltd
5.1 ja 5.2 TULOSLASKELMA JA TASE
5.1 and 5.2 P/L and Balance Sheet 5.1 och 5.2 Resultat o balans
Show All Col
Tällä lomakk. ei ole syöttökenttiä
Industry Ltd
No input areas in sheet
Industry Ltd
Language4
Language5
På detta blad finns inte input fält
Myynti syöttökenttä
Sales manual input
Försäljning manuell input
Myyntituotot 1
Sales 1
Försäljning 1
Myyntituotot 2
Myyntituotot 3
Sales 2
Sales 2
Försäljning 2
Försäljning 3
Myyntituotot 4
Sales 4
Försäljning 4
Sales total
Försäljning totalt
Purchases manual input
Materialkostnad manuell input
Ostot 1
Cost of goods 1
Kostnad av sålda varor 1
Ostot 2
Cost of goods 2
Kostnad av sålda varor 2
Ostot 3
Cost of goods 3
Kostnad av sålda varor 3
Ostot 4
Cost of goods 4
Kostnad av sålda varor 4
Ostot yhteensä
Purchases total
Materialkostnad tot
Cl ose Rows Tuotot yhteensä
Open Rows Ostot syöttökenttä
Industry Ltd
% tuotoista
Row names
Language area
Sum row
2.99 Financial leasing
2.98 Financial Leasing
Existing leasing 2016/12
Balance value
0
Depreciat base
0
New leasing
Balance value
New investment
Depr % 15,0 % Depreciation
Interest 2,00 % Rent cashflow +
Copy
Loan balance
5000 Loan balace
Interest
0
0
0
0
0
0
0
0
4 938
5000
-62,5
100
4 908
-8
4 875
4 813
-62,5
100
4 817
-8
-62,5
100
4 725
-8
Enter existing contract in the left field and data as shown at right. New investment field is for new contracts without existing data in bookkeeping.
3. Scenario Data sheet
9|Page
3.1 Scenarios, comparing Scenarios, graphics. Any Simulation can be saved as an Scenario. With this tool you can
easily compare the results of different Scenarios. 5 different Scenarios can be saved, numbers 1-5 by pressing the
"Save Scenario" button. Scenarios can be deleted one by one from Scenario sheet. Change of Scenario is made by
saving the Scenario with the same number as the original. Scenario is always based on the current situation, if
actual figures are updated a new Simulation with the same inputs will not produce exactly the same result.
Sensibility analysis and Scenarios made for the current financial year affects only Forecast (FC) months, the Actual
Scenario month
months are according to imported accounting data.
(Simulation
When saving a scenario the program saves the complete month data as specified. This function candata
also be
used to
sheet)to follow
save budgets/plans as comparison data in Accumulated numbers. The monthly plan must be transferred
up data in Scenario sheet:
Investments immaterial
Automatic Sensibilitys analysis makes
Scenario 2 according to the current simulation
the numbers in the current simulation table
which is the starting point for the Sensibility
analysis
Automatic Sensibilitys analysis makes
Scenario 3 according to this table->
-0,050 -0,050 -0,050 -0,050
Long term loans change
Copy first column data
Copy
Scen 1 Scen 2 Scen 3 Scen 4 Scen 5
2018 2019 2020 2020
Scenario and sensibility years for Monthly report 2017
Scenario 3
Business category
Sales 1
Diff/Ero Diff/Ero Diff/Ero Diff/Ero
-0,050 -0,050 -0,050 -0,050
Copyright Oy Akvadyn Ab 2016
www.Yritysmalli.fi
If you update a Scenario you must refresh the Scenario here by retrieving
Hide 5 year
Get Scenario 1
Get Scenario 3
Get Scenario 2
Hide 4 year
Get Scenario 4
Get Scenario 5
Theese fields are updated when getting Scenario
Scenario1
Year
Month
2016
12
Show all
Copy Scenario to budget in Accumulated
Copy Scen 1
Copy Scen 2
Copy Scen 3
Copy Scen 4
Copy Scen 5
Graphics for Scenario shown below
5.2.2017
9:13
2017
12
2018
12
2019
12
Scenario1
2020
12
Save budget here in
Scenario sheet
Sensibility analysis produce Scenarios 1 - 3 please see also this instruction 1.91.
Example:
Making Scenario of a Specific situation
The parameter table (1.91) is set so that all variables are set to 0 (zero) except that Scenario 1 (first parameter
table) only sales is set= .1 for all years. Scenario 3 (second parameter table)
(all other variables same as in first parameter table) except Sales is set= -.1 for all years.
When pressing the “sensibility analysis” button the result will be:
Scenario 2 which corresponds exactly to the current simulation and will show exactly the same figures as shown in
Month and Accumulated sheets for all years.
Scenario 1 will show what happens when the outcome for every year sales 10% better than in the simulation the
increase will accumulate as the previous year is already higher than the simulation. Scenario 3 will show the exact
opposite effect to Scenario 1
10 | P a g e
Below simple example with the +.1 and -.1 Sensibilities. The increase or decrease is 10% per year
Example
Sales simulation (estimate) year 2016 is 10 000 000
Simulation (estimate is that sales will be exactly the same for the years 2016 - 2019
Sales
Scenario 1
Scenario 2
Scenario 3
2016
10 000 000
10 000 000
10 000 000
2017
11 000 000
10 000 000
9 000 000
2018
12 100 000
10 000 000
8 100 000
2019
13 310 000
10 000 000
7 290 000
Scenario 1 -> only found as a scenario
Scenario 2 -> current simulation when you press the “Sensibility analysis” button = month, accumulated
Scenario 3 -> only found as a scenario
If you want to start the sensibility analysis from year 3 instead you put all parameters in the parameter table (1.91)
to zero in the first year.
11 | P a g e
When updating Scenarios you must refresh by retrieving
Deleting a scenario
Choose
year
Suomi
English
Svenska
Industry Ltd
3.1 Scenarios
Year
Month
Instruction
There are no input areas in this sheet except year selection
Simulation
If you update a Scenario you must refresh the Scenario here by retrieving
Poistaa
valitun
Scenarion kokonaan
Deletes
choosen
Scenario
Hide Sc 5
Choose year
Hide Sc 4
Delete Scen 1
Delete Scen 2
2019
Show all
Delete Scen 3
Delete Scen 4
Hide 5 year
Hide 4 year
Show all
Delete Scen 5
Get Scenario 1
Get Scenario 2
Get Scenario 3
Get Scenario 4
Get Scenario 5
Theese fields are automatically updated when saving Scenario
Theese fields are updated when getting Scenario
Scenario1 Scenario2 Scenario3 Scenario4 Scenario5
2019
2019
2019
0
0
12
12
12
0
0
Scenario1
Year
Month
24-10-16
2 016
12
8:35
2 017
12
Sales total
21 626
16 248
11 845
0
0
Purchases total
Other variable Cost
Personnel cost (variable)
-8 541
-39%
0
-928
-6 417
-39%
0
-928
-4 964
-42%
0
-985
0
0%
0
0
0
0%
0
0
Sales margin
12 158
8 904
5 896
0
0
Margin%
Personnel cost fixed
Personnel cost voluntary
Rent
Equipment & Software
Travel cost
Sales & Marketing
External services
Other fixed cost
Fixed cost total
Other income & Cost
Operating profit
Finance cost
Depreciation immaterial
Depreciation real est.
Depreciation machinery
Extraordinary income& cost
Taxes
Net Income
57%
-1 302
-130
-260
-65
0
0
0
-3 894
-5 651
0
6 507
-116
0
-28
-1 611
0
-951
3 802
56%
-1 302
-130
-260
-65
0
0
0
-3 894
-5 651
0
3 253
-119
0
-28
-1 734
0
-274
1 098
51%
-1 733
-173
-346
-86
0
0
0
-5 183
-7 521
0
-1 625
-232
0
-28
-1 857
0
748
-2 994
0%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0%
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Scenarios
2019
6 000
4 000
Sales total
11 441
13 023
50%
Profit
Purchases total
0%
Equity ratio
-50%
Roi
Other variable Cost
Personnel cost (variable)
-4 565
-40%
0
-910
-5 145
-39%
0
-928
100%
2 000
0
-2 000
-4 000
Sales margin
-100%
10 000
8 000
6 000
4 000
2 000
0
Graphics for Scenario shown below
Long term financing 31.12
Short term financing
31.12
10 000
8 000
6 000
4 000
Max long term financing
2 000
Max short term financing
Personnel cost fixed
Personnel cost voluntary
Rent
Equipment & Software
Travel cost
Sales & Marketing
External services
Other fixed cost
Fixed cost total
Other income & Cost
Operating profit
Finance cost
Depreciation immaterial
Depreciation real est.
Depreciation machinery
Extraordinary income& cost
Taxes
Net Income
5 966
6 951
52%
-1 216
-121
-242
-61
0
0
0
-3 636
-5 276
0
690
-52
0
-31
-513
0
-19
75
54%
-1 240
-124
-247
-62
0
0
0
-3 709
-5 382
0
1 569
-147
0
-28
-1 504
0
22
-88
0
2 019
Industry Ltd
12
5.3 Balance sheet
Immaterial investments
0
Holdings in Group companies
0
Land areas
0
Real estate
430
Machinery
2 609
Stock
2 936
Accounts receivable
2 951
Loan receivables
0
Receivables Group
0
Other receivables
643
Prepayments and accrued income
1 500
Bank accounts
4 874
Assets total
15 942
Equity
Profit/Loss financial year
Long term loans
Short term loans
Accounts payable
4 181
3 802
5 000
500
1 021
2 019
12
2 019
12
0
0
0
0
0
0
0
430
2 870
2 648
2 586
0
0
483
1 127
500
10 643
0
0
0
430
3 130
2 843
2 509
0
0
352
821
500
10 585
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1 899
1 098
5 000
578
988
-1 930
-2 994
5 000
8 427
1 294
0
0
0
0
0
0
0
0
0
0
Detailed Monthly
Scenario1
4 000
60%
3 000
50%
2 000
1 000
0
-1 000
2016
2017
2018
2019
40%
Profit
30%
Roi
20%
Equity ratio
10%
0%
Industry Ltd
5.3 Balance sheet
Immaterial investments
Holdings in Group companies
Land areas
Real estate
Machinery
Stock
Accounts receivable
Loan receivables
Receivables Group
Other receivables
Prepayments and accrued income
Bank accounts
Assets total
2016
12
2017
12
0
0
0
514
1 768
1 762
1 599
0
0
300
699
300
6 942
0
0
0
486
5 771
1 880
1 755
0
0
341
796
400
11 429
Equity
Profit/Loss financial year
Long term loans
Short term loans
Accounts payable
2 262
75
1 500
1 691
743
2 297
-88
7 000
701
755
4. Accumulated
sheet
Compare
all Scenarios per year
Look at one Scenario all
years
4. Accumulated figures. The figures on this sheet are always current simulation figures
(The parameters on Simulation sheet produce this figures) except the Budget column.
4.1 Income statement (choose accumulated month or whole year) Cumulative follow up per year. Change by entering month number and press button example: 6 = period Jan-June cumulative figures.
4.2 Balance sheet
4.3 Cashflow accumulated
12 | P a g e
2. Income statement
Year
Month
Act/Forec
Act/Forec
Budget
Act/Forec
2016
12
2017
12
2017
12
2018
12
11 441 100 %
Sales total
11 863 100 %
11 900 100 %
13 932 100 %
Purchases total incl stock revaluation -4 576
-40 %
-4 814
-41 %
-4 831
-5 560
-40 %
0
0%
0
0%
0
0
0%
-4 576
-910
-40 %
-8 %
-4 814
-151
-41 %
-1 %
-4 831
-77
-41 %
-1 %
-5 560
0
-40 %
0%
5 955
52 %
6 898
58 %
6 991
59 %
8 373
60 %
-1 216
-121
-11 %
-1 %
-1 225
-122
-10 %
-1 %
-1 218
-121
-1 225
-122
-9 %
-1 %
Other variable Cost
Cost of goods
Personnel cost (variable)
Sales margin
Personnel cost fixed
Personnel cost voluntary
The Budget column data is based on a saved Scenario which is described in Section 3 Scenario Data Sheet (page
10). Even if the Scenario on which the budget is based is deleted the budget will stay intact unless a new Scenario
is saved as budget on the Scenario sheet.
Copy Scenario to budget in Accumulated
Copy Scen 1
Copy Scen 2
Copy Scen 3
Copy Scen 4
Copy Scen 5
The budget is automatically allocated to the saved year. Example: If the saved Scenario4 is allocated to year 2017
then the data will show up in the column beside the Act/Forec 2017 column. You might have to unhide all years in
the Accumulated data to see it.
Simulation Screen in between the Sensibility parameters
Copy
Scen 1 Scen 2 Scen 3 Scen 4
Scenario and sensibility years for Monthly report 2017 2018 2019 2017
5. Month Sheet
5. Month figures. The figures on this sheet are always current simulation figures (=The parameters on Simulation
sheet produce this figures)
5.1 Monthly income statement and balance sheet. ACT/FC defines the status of the column. ACT = all information
comes from actual figures. FC = all information comes from simulation. ACT figures are shown when the update is
made in Link sheet. Manual corrections to Simulation can be made in Link 6.2 Forecast months Income
statement rows only. Number entered adds (or subtracts) Simulation figures. Balance sheet simulation adjustments are made in parameters. Please also see this instruction (1.5). Link 6.2 year 2 is also used when simulation is
made without historical data.
13 | P a g e
Industry Ltd
ACT = Actual period numbers entered will not have any effect
5.1 and 5.2 P/L and Balance Sheet 2014/12
Show All Col
No input areas in sheet ACT
2016/1
2016/2
2016/3
2016/4
2016/5
2016/6
2016/7
2016/8
2016/9
2016/10
2016/11
2016/12
2017/1
2017/2
2017/3
2017/4
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
FC
FC
FC
FC
FC
FC
FC
Sales 1
380
380
380
380
504
382
294
378
382
368
372
376
392
392
392
392
Sales 2
Sales 2
285
190
285
190
285
190
285
190
378
252
286
191
221
147
284
189
287
191
276
184
279
186
282
188
294
196
294
196
294
196
294
196
Sales 4
95
95
95
95
126
95
74
95
96
92
93
94
98
98
98
98
950
950
950
950
1 260
954
735
945
956
920
930
940
979
979
979
979
Cost of goods 1
-190
-190
-190
-190
-252
-191
-147
-189
-191
-180
-182
-184
-192
-192
-192
-192
Cost of goods 2
-76
-76
-76
-76
-101
-76
-59
-76
-76
-74
-74
-75
-78
-78
-78
-78
Cost of goods 3
-76
-76
-76
-76
-101
-76
-59
-76
-76
-74
-74
-75
-78
-78
-78
-78
Cost of goods 4
-38
-38
-38
-38
-50
-38
-29
-38
-38
-37
-37
-38
-39
-39
-39
-39
Purchases total
-380
-380
-380
-380
-504
-382
-294
-378
-382
-364
-368
-372
-388
-388
-388
-388
-40.0%
-40.0%
-40.0%
-40.0%
-40.0%
-40.0%
-40.0%
-40.0%
-40.0%
-39.6%
-39.6%
-39.6%
-39.6%
-39.6%
-39.6%
-39.6%
Cl ose Rows Sales total
Open Rows Purchases manual input
Actual numbers
Forecast numbers
6. Link sheet
6.1 Retrieval of actual data from external file Link table to external file. The Link table is defined in the delivery
depending on the structure of the import file. If the actual data from the accounting is available in a short report
with total sums the linking is easy. If the data is only on account level the linking can be made but it is more sensible to changes in the bookkeeping accounts and has to be more often maintained.
Yritysmalli can read among others txt, cvc and Excel format financial reports.
6.2 Actual figures field, copy from import file or manual update. Data is either copied automatically from 6.1 or
entered manually in 6.2
When automatic update is made the status of the month will be automatically changed to ACT. The update can be
deleted by pressing button “Delete Actual”. When entering data manually it is important to change the status of
the month to ACT. If not made the result is incorrect. Pls see also section at the end of this instruction: 3 Troubleshooting.
Balance sheet
Balance sheet profit = Income statement
0
0
0
0
0
0
Retrieve external file by pressing "fileFile
retrieve"
retrieve
Link table
Update actual figures by pressing "update actual"
Update actual
Delete actual and return to forecast by pressing "delete actual"
Delete Actual
2016/7 2016/8 2016/9
ACT
ACT
ACT
74
95
96
735
945
956
Sales 4
Sales total
Purchases manual input
Cost of goods 3
Cost of goods 4
Purchases total
-59
-29
-294
-76
-38
-378
-76
-38
-382
-75
-75
-75
-100
-10
-100
-10
-100
-10
-20
-5
-20
-5
-20
-5
0
0
0
0
0
0
0
0
0
0
0
0
Delete data in this
table
OK
OK
OK
OK
2016/10 2016/11 2016/12 2017/1
FC
FC
FC
FC
OK
2017/2
FC
OK
2017/3
FC
OK
2017/4
FC
0
0
0
0
0
0
Copy Year
Copies all data in this table 1 Year to t
Copy parameter
Copies all Simulation sheet data and p
OK
2017/7
FC
OK
2017/5
FC
OK
2017/6
FC
Imported actual bookkeeping data
0
0
Personnel cost (variable)
Variable cost total
Personnel cost fixed
Personnel cost voluntary
other
Rent
Equipment & Software
0
0
-50
Manual correction to
Forecast
Month status
14 | P a g e
Update actual data
in this table
Retrieve external file
On the Link sheet there is an automatic function for copying Actual data and parameters from new years to previous years. The moving procedure (pls read this always before performing operation)
The moving operation should be done when a Financial Year is completed (audited). Corrections can be made later
but the easiest way is to work with completely finished figures.
Copying years and parameters
1. Press the “interest” button and save. Make back up copy of current file with a different name.
2. Press the “Copy Year” button (Link sheet)
3. Go to year parameters (2.96) and increase the starting year with one. Example 2014->2015
4. Now compare the Actual years of the file with the backup file corresponding years (the forecast years will not be
the same at this stage)
5. If the Actual years are ok then continue. Of course you can also choose to do the rest manually.
6. Press the “Copy parameter” button
7. Adjust month sales periodization and minimum cash so that they correspond with the years of the backup file.
8. Now compare all years (except year 5 on the file where the operation has been made. Year 5 is now a completely new Forecast year)
9. Now all years 0-4 should correspond with back up file (small rounding differences might be found in the forecast
years)
ACT Group
Applies to Group version only
This sheet is used for consolidation of group actual results on month and year level. The group actual income
statement and balance sheet is then updated to Yritysmalli forecasting thru the Link sheet (pls check figure on
page 2). The consolidation handles normal internal eliminations automatically. Automatic consolidation includes:
Consolidation in currencies, minority calculation, internal receivables & debt, internal trade and charges, internal
margin, internal dividends. Subsidaries can be added or sold anytime and these transactions are highly automated.
As group consolidation in currencies can be complicated especially when the group structure changes it is important to follow certain rules to avoid problems later on.
When adding or removing subsidiaries closely follow the instructions directly on worksheet. The program automatically offers the currency rate to be used, except when adding new subsidiary companies.
Calculate the Group goodwill carefully when inputting the new subsidiary (a simple tool is provided in the sheet)
same goes with retained earnings elimination booking.
The Group consolidation consists of 4 basic areas that are used for a normal month and year consolidation if the
group structure is unchanged. The import area is used only to import the Income statements and balance sheets in
different currencies.
Import area
15 | P a g e
Import area
Imported month (1-12)
Companies in local currency
Income statements in local currency
Group co
3
Industry Industry Industry Industry Industry
Group
FI
SE
RU
CN
USD
Eur
Sek
RUB
Yan
Back
Sales total
Purchases total
2 937
3 136
2 937
3 014
4 562
-1 175
-1 254
-1 175
-1 205
-1 770
0
0
0
0
0
Other variable Cost
Personnel cost (variable)
-232
-232
-232
-232
-232
1 530
1 650
1 530
1 576
2 560
-310
-310
-334
-334
-310
-31
-31
-33
-33
-31
0
0
0
0
0
Leasing
-62
-62
-67
-67
-62
Equipment & Software
-15
-15
-17
-17
-15
Sales margin
Personnel cost fixed
Personnel cost voluntary
Rent
Intercompany area is used to input all intercompany transactions in different currencies. Please note the signs + or
– to be used. The intercompany totals and checking is in a separate table.
import area
Back
Group intercompany transactions
Local currency
Currency
USD
Eur
Sek
RUB
Yan
cur6
cur7
cur8
Rate Income statement
1,0000
1,0500
0,1200
0,0200
0,2400
1,0000
1,0000
1,0000
Rate balance sheet
1,0000
1,2000
0,1500
0,0240
0,2200
1,0000
1,0000
1,0000
Industry SE Industry RU Industry CN
0
0
0
Company
Internal margin in stock end of month + sign
Group sales + sign
Industry Group
Industry
Ltd FI
60,00
22,00
15,00
1200
40,00
To consolidation
To consolidation
The check group balances is an information only area with no inputs. The intercompany balances are summed here
in consolidation currency. These areas must show a total balance of zero before you finish the consolidation.
Check Group balances
Totals to be zero
16 | P a g e
Information area
Back
Check group balances base currency
USD
all in
Total
0,00
0,00
0,00
-24,00
0,00
0,00
0,00
0,00
-24,00
Group purchaces
24,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
24,00
Difference
24,00
0,00
0,00
-24,00
0,00
0,00
0,00
0,00
0,00
Other variable cost
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Accounts receivable
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Accounts payable
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Difference
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Group receivables
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Group loans
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
0,00
Group sales
The monthly parameters area is used to input the exchange rates, define month number and the check table for
total differences is found here. Here is also the menu buttons used to navigate to different areas and update the
finished consolidation to the Link table.
The consolidation sheet itself which lies above the parameters does not need any inputs in a normal consolidation.
There is an area for manual consolidation bookings if transactions cannot be handled by the automatic consolidation bookings.
Monthly parameters area
Monthly parameters
Input area
Import area
Industry Industry
Group Ltd FI
Company names
Currency
Group currency USD
Rate Income statement
Parent co
Rate balance sheet
Current month (1-12)
Bookkeeping year
Currently imported month is
Interco transac
Eur
Interco Check
Update actual
Industry
SE
Industry
RU
Industry
CN
Sek
RUB
Yan
Subsidary setup
Delete Actual
Goodwill
Setup
Specification of minority share
Industry
Industry
FI
Industry SE RU
Industry Group Ltd
cur6
cur7
Industry
CN
cur8
1,0000
1,0500
0,1200
0,0200
0,2400
1,0000
1,0000
1,0000
Past
1,0000
1,2000
0,1500
0,0240
0,2200
1,0000
1,0000
1,0000
Current balance share
40 %
10 %
20 %
15 %
Current income share
40 %
10 %
20 %
15 %
3
2017
3
Month procedure
Year change -> Go to Setup
Update month number (current month)
New subsidary -> Go subsidary setup and Goodwill
Insert balance & P/L (import area)
New subsidary name
Insert Group internal transactions (interco transactions)
Names
Adjust currency rates (above)
Manual bookings when needed
Minority share
Check for differences (table just up to the right)
Update link table (press update Actual) Moves the actual Inc statement and balance sheet for the month to Link table. Normally choose the current month.
The actual Inc statement and balance sheet can be removed from Link table by pressing Delete
The monthly procedure when there is no special transactions is quick and simple. If the imported balances & income statements are correct and the internal transactions are correctly eliminated there should be no difference
in the consolidation. Changes in retained subsidary company earnings in between financial years will show up as a
difference in the equity reconsolidation. Normal retained earnings change at end/start of financial year should not
cause any difference. All differences in retained earnings consolidations should have an explanation, currency
differences are automatically calculated and do not cause a difference.
Month procedure
Check that the previous month data is updated in link table (previous=month number before change)
Update month number (current month)
Insert balance & P/L (import area)
Insert Group internal transactions (interco transactions)
Adjust currency rates (above)
Check for differences (table just up to the right)
Update link table (press update Actual) copies the actual consolidated Income statement and balance sheet for the month to Link table.
Normally choose the current month. This can be repeated as many times as needed. The update can be deleted from Link sheet by pressing the button beside the update button.
17 | P a g e
Yearly parameters area
The yearly parameters area needs to be used only at setup and year change. The year change creates hard coded information rows in the file which contains all the relevant information for the last financial year. In year 2017 the 2016
information row is locked and 2017 changes each month except when a subsidiary equity is added at a locked currency rate.
In year 2018 the year 2017 will be locked when running the year change procedure. The locked years are stored separately in
the file and are shown in the work area with retrieving formulas. More about this in setup section of this instruction.
Industry FI
Locked year
Industry FI
Period
Curr
rate
2016 Eur
2017 Eur
Share capital
Eur
Share capital
USD
Translation
diff.
Total
Minority
Total
Minority
Total
Group
Group
1,0500
2 000,0
1 200,0
800,0
2 100,0
1 260,0
840,0
1,2000
2 000,0
1 200,0
800,0
2 400,0
1 440,0
960,0
300,0
2018
0
0,0000
0,0
0,0
0,0
0,0
0,0
0,0
0,0
2019
0
0,0000
0,0
0,0
0,0
0,0
0,0
0,0
0,0
Internal margin local currency balance sheet
Industry Group Ltd Industry Industry
Period
FI
SE
Changing year
Industry RU
2016
0
100
30
0
2017
0
60
22
15
2018
0
0
0
0
2019
0
0
0
0
2020
0
0
0
0
This area also contains the distribution table of Goodwill, used only when goodwill is distributed to other balance sheet
items. There are specific instructions of the year end procedure in the yearly parameters.
18 | P a g e
Start new year procedure. Please do in this order
Update link table to be sure to have the latest balance sheet in Link table (Go back to monthly parameters)
Make backup copy in different name of this file
Press new year button
Update current year number and month number (Go back to Monthly parameters)
Continue like Month procedure
ACT Group setup
Applies to Group version only
In this section the start setup of YritysmalliGroup is described. In the last section, the setup of a new subsidiary and the sale
of subsidiary procedure. Setup always requires a starting balance without an Income statement to be the base of the differences that is recorded thru the following year.
Start can be made anytime of the financial year but the first period when an income statement is imported must be a system
vise different year from the starting balance year. If starting January 2017 the starting balance is the ending balance 2016. If
starting point is march 2017 the starting point is balance sheet end of february we still name the starting year 2016 but put
in the February 2017 balance sheet.
Detailed starting procedure:
Import the starting balance sheets of all group companies in the normal import area (income statement is left empty). Fill in
the subsidiaries (not parent company) share capitals in subsidiary currency, retained earnings, minority shares, translation
differences, goodwill balance, year goodwill depreciation. Balance sheet internal transactions affecting the balance sheet at
the start year. The starting balance sheet currency rates (defined in month parameters) are automatically used everywhere.
Define start year according to the instructions overleaf.
The first 2 subsidaries are meant for existing group companies, the rest is used both for existing and
new acquisitions.
Share capital total in subsidary currency
Subsidary equity ->
Group share
Industry FI
Only used for:
- Subsidary aquiring bookings
- Subsidary selling bookings
Industry FI
Period
Curr
2016 Eur
rate
1,0500
Share capital
Eur
Share capita
Total
Minority
Total
2 000,0
Group
1 200,0
Automatic
19 | P a g e
800,0
2 100,0
Retained earnings elimination when aquiring company
Retained earnings elimination - sign
-344 USD
Translation diff.
USD
Retained earnings
Total
Minority
Total
Group
Group
327,6
Translation difference in group
currency
Eur
Retained earnings
Minority
196,6
Total
131,0
Group
344,0
206,4
Retained earnings –sign group
currency
Retained earnings
subsidary currency
The rest of subsidiaries input fields have a little bit different outlook but the corresponding input fields are also
found there. Here we have to fill in also acquisition year which is the same as starting year in the parameters.
Retained earnings
elimination
elimination
Share capital
Retained earnings
Translation difference
Enter Goodwill parameters, if goodwill is distributed to other balance items the % share is defined in year parameters. The total goodwill independent of Goodwill distribution is entered here.
Total balance
value of
Goodwill
Goodwill parameters
Goodwill
0
0
Aquisition year
2016
2016
2016
2016
0
0
Current Month
3
3
3
3
3
3
Goodwill start value
Industry FI
Industry SE Industry RU Industry CN
0
0
Yearly depreciation
3
1533,4
2727,6
2962,6
2604,2
0
0
0
Depreciation year -
-150
-270
-290
-260
0
0
0
Depreciation start year
2016
2016
2016
2016
0
0
0
Can be changed
When all the starting transactions are booked correctly all differences should be zero before continuing.
When everything adds up the next step is to make the new year procedure as described in this instruction and also
described in the year parameters. The new year will lock all the starting balance data. After this you continue like
described in the month procedure. Remember to adjust the Goodwill depreciation start year correctly in the setup,
depreciation should usually start the following year from start year.
20 | P a g e
Adding a new subsidiary
Applies to Group version only
Adding a new subsidiary is basically the same process for the new subsidiary as when starting the use of Yritysmalli
Group. When a new subsidiary is included the retained earnings are fully eliminated and the transaction is booked
at a given acquisition rate. Insert the acquisition year and the acquisition rate. If either year or rate is left out the
numbers will not appear on the table or the translation differ calculation will not be correct. The translation difference is then calculated as a difference between current rate and acquisition rate.
For a new subsidiary use the denominated area (starting from subsidiary 3->)
Acquisition rate
Industry Nigeria
Share capital
Nair
2017 Total
Group
Minority
0,0030
50000
50000
Aquisition year
Aquisition lock rate
Selling year
0 Only when selling
Industry Nigeria
Period
Share capital
Curr
rate
2016 Nair
2017 Nair
2018
0
Total
Total
Booking CTA difference share capital -sign
Booking CTA difference equity -sign
Correction booking minority
Nair
Share capital
USD
subsidary!
Group
Minority
Total
Group
Group
0
0
Minority
Nair
Retained earnings elimination when aquiring company
Total
Minority
Retained earnings elimination - sign
Group
100000
Minority
0
0
Retained earnings
100000
Translation diff.
USD
Retained earnings
Total
Minority
Total
Group
1,0000
0,0
0,0
0,0
0,0
0,0
0,0
0,0060
50 000,0
50 000,0
0,0
300,0
300,0
0,0
150,0
150,0
0,0000
0,0
0,0
0,0
0,0
0,0
0,0
0,0
0,0
-300 USD
0
0
Nair
Group
Retained earnings
Minority
Total
USD
Group
Minority
Translation diff.
USD
Total
Minority
Group
0,0
0,0
0,0
0,0
0,0
0,0
0,0
100 000,0
100 000,0
0,0
600,0
600,0
0,0
300,0
300,0
0,0
0,0
0,0
0,0
0,0
0,0
0,0
0,0
0,0
0,0
0,0
In the following chapter the setup of the standard version of Yritysmalli is described. The same instruction applies
also for the other modules in the Group version. The starting year in Group setup parameters can differ from the
starting year in the parameters sheet referred to in the following chapter, a different usually earlier year is needed
when historical data is inserted in the Link sheet. The start year, update month and year in the consolidation can
be chosen so they are independent.
2. GET STARTED INSTRUCTION standard version
This applies also to Group version except that Link sheet data comes from group consolidation
A Video demonstrating the set up process is found on website http://www.yritysmalli.fi/english.html
This instruction is for an existing business. If your business is just starting ask for an instruction for this.
1. Define years in Parameters 2.96 when defining years you have to take into account how much history you want
to compare to.
2. Define Company name and if necessary change start month of Financial year.
3. Define your row structure and row names, row names can be changed anytime later on but the total row structure is not easy to change later. Row structure is often same as other financial reporting structure. The row names
and structure is setup and changed with pressing the "row names" button in 2.98.
4. Copy or enter your history data in the Link table and Important Change the status of each Column to ACT.
21 | P a g e
History can be entered for as many years you wish. (ACT=Actual month, FC= Forecast month).
5. Enter your loans in parameters 2. -2.43 (minimum cash balance can be changed anytime) Loans can be entered
separately or as a lump-sum. Loans can also be entered roughly thru Simulation sheet. Historical loan values need
not to be entered. The program can also be used without entering loans in this case additional financing needed
function will show the financing needed, remember to press the "interest" button in Simulation sheet after data is
entered or changed.
6. Enter your investment plan in parameters 2.91 -2.95 and remember residual value = base of depreciation for
assets existing in the balance sheet for the historical periods.
7. Adjust your plan/budget for Sales, cost of goods and fixed cost thru the parameters in the Simulation Sheet.
8. Just have fun with easy Financial planning!
3. TROUBLESHOOTING
Balance sheet differs
In normal use when having historic data in use there can be only 4 reasons for a difference:
-
Actual data in Link table in a column defined as FC -> Change the status of the column to ACT*
The imported data from external system does not add up or the link table is not up-to-date, always check
the accumulated balance sheet last simulation year after importing data.
The data imported is for a financial period that is not immediate next to the previous, this will cause a difference between the profit in the balance sheet and the Profit in the income Statement.
A booking has been made in a book keeping period after the last import, in this case you have to first import the old book keeping period data again and then the new month data.
*The FC fields are also used for manual forecast corrections if needed. These can only be used in Income statement rows and does not cause a balance difference. Balance sheet manual Forecast corrections are made in parameters.
Cash is negative
Put the cash position (parametres 2.41) to a number bigger than zero, If cash=0 then the function is not in use.
A non numeric value is entered in a value field
If a #error or some other error message is shown in the data it is usually best to first try using the Excel reset function: a curved arrow which should be found up to the left in the Excel menu.
If this does not help you can either try to find the cell with the wrong data or go back to your latest saved copy of
the file.
The #DIV0! Message usually comes when a number is divided or multiplied by zero. It is not an error message in
itself but can cause problems if the value is part of a function. When you setup Yritysmalli this can occur due to
unfinished data input, then you just go on and the problem probably disappears. If not you can put non needed
parameters in the Simulation table to zero this will probably solve the problem.
Example Video of how to use Yritysmalli each month www.yritysmalli.fi/en
22 | P a g e
Copyright: Oy Akvadyn Ab FI01510678
Helpdesk 12/7 winter season. Summertime 12/5 or call.
[email protected]
phone +358 40 5517 338
Distribution of this software without written permission from Oy Akvadyn Ab is prohibited.
www.yritysmalli.fi/english.html
Oy Akvadyn Ab
Sibbostranden 10 c 7
FI-01120 Västerskog
Tel. +358 40 5517 338
[email protected]
www.yritysmalli.fi
VAT FI 01510678
Domicile: Helsinki,Finland
23 | P a g e
APPENDIX A
File downloading and setup linking in Yritysmalli
Yritysmalli can read most file types. When downloading accounting system data (Income statement &
balance sheet) there are many ways.
If you have a ready report in Excel format the easiest way might be to just paste in the data into the Link
sheet. Data can of course also be manually registered in the Link sheet. Care has to be taken that the
data is correctly positioned. It is also important to change the month status to ACT, if this is not made
Yritysmalli will treat the data as an estimate correction added to current estimate.
Paste in here
Change this to
ACT
Input areas are white unnecessary rows can be hidden (or unhidden) f
Retrieve external file by pressing "file retrieve"
Update actual figures by pressing "update actual"
Delete actual and return to forecast by pressing "delete actual"
Sales Manufactory
Sales Service
Sales New projects
Sales spare parts
Sales total
Purchases manual input
Cost of goods Manufactory
Cost of goods Service
Cost of goods New projects
Cost of goods Spare parts
Purchases total incl stock revaluation
Other variable Cost
Personnel cost (variable)
Automatic forecast
Personnel cost (variable)
Variable cost total
Sales margin
Margin%
Personnel cost fixed
Importfile directory and file name
C:\Users\Peter\Downloads\o
In this demo you can import your own txt / csv file but a setup linking
before getting actual data transferred to simulation automatically.
2015/12 2016/1 2016/2 2016/3 2016/4 2016/5 2016/6 2016/7
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
380
380
380
380
504
382
294
285
285
285
285
378
286
221
190
190
190
190
252
191
147
95
95
95
95
126
95
74
-190
-76
-76
-38
-190
-76
-76
-38
-190
-76
-76
-38
-190
-76
-76
-38
-252
-101
-101
-50
-191
-76
-76
-38
-147
-59
-59
-29
-77
-77
-77
-77
-77
-75
-75
-100
-100
-100
-102
-102
-100
-100
All data updated in Link sheet is automatically transferred to the current Simulation (Accumulated,
Month figures)
24 | P a g e
File download
Input areas are white unnecessary rows can be hidden (or unhidden) from Excel menu Format-Hide rows
File retrieve
Importfile directory and file name
C:\Users\Peter\Downloads\output(2).csv
In this demo you can import your own txt / csv file but a setup linking must be made
before getting actual data transferred to simulation automatically.
Update actual
Next to be updated 2017/3
Delete Actual
OK
2016/3 2016/4 2016/5 2016/6 2016/7 2016/8 2016/9 2016/10 2016/11 2016/12 2017/1 2017/2 2017/3
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
FC
380
380
504
382
294
378
382
368
372
376
392
430
285
285
378
286
221
284
287
276
279
282
294
294
190
190
252
191
147
189
191
184
186
188
196
196
OK
2017/4
FC
Specify the exact path of the directory where file is found, the file name also exactly. Press the “File retrieve” button.
If the file is found and downloaded the Screen will look like this. If the file is found and downloaded, a
text will appear in the screen.
Input areas are white unnecessary rows can be hidden (or unhidden) from Excel menu Format-Hide rows
File retrieve
Importfile directory and file name
C:\Users\Peter\Downloads\output(2).csv
In this demo you can import your own txt / csv file but a setup linking must be made
before getting actual data transferred to simulation automatically.
Update actual
Importfile ok
Link table
Next to be updated 2017/3
Delete Actual
OK
2016/3 2016/4 2016/5 2016/6 2016/7 2016/8 2016/9 2016/10 2016/11 2016/12 2017/1 2017/2 2017/3
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
ACT
FC
380
380
504
382
294
378
382
368
372
376
392
430
OK
2017/4
FC
OK
2017/5
FC
OK
2017/6
FC
OK
2017/7
FC
OK
2017/8
FC
OK
2017/9
FC
If there is no text on the screen, check the path and file name.
Linking the file data
The linking setup can be made on request with the delivery, for this an example file of the customer accounting data file must be on hand.
As accounting data files can be very different, different techniques might be needed. Yritysmalli uses the
Excel feature which transforms for example a txt or csv file format to Excel readable format. The imported file is reached by pressing the “Link table” button.
The imported file is found to the right of the Linking area where you came after pressing the “Link table” button (scroll right to column BQ). The file should have in its first position an identifier by which the
data can be linked for example an account number or name.
Example of imported file
25 | P a g e
Lemmikkitarvike Demo Oy tp;"Tuloslaskelma";"Tulostettu: 19.10.2016"
Kauppakatu 10;"Kausi 1/2015 - Kausi 12/2015";
Identifier
40100 JYVÄSKYLÄ;;
Y-tunnus: 1234567-1;;
Tilikausi: 01.01.2015 - 31.12.2015;;
Rahayksikkö: EUR;;
;"Kausi";"Vuosi";"Ed. kausi";"Ed. vuosi"
Myyntituotot
3000 Myynti
46;23317
24%;23317
46;21344
3001 Myynti
80;1522
14%;1522
80;0
Myyntituotot;24840
26;24840 26;21344
LIIKEVAIHTO;24840
26;24840 26;21344
Ostot, tilikauden aikana
4000 Ostot
00;-150
24%;-150
00;-1630
85;21344
00;0
85;21344
85;21344
85
0
85
85
23;-1630
23
The amounts will come in this row after import
Linktable
Imported account names are copied here when importing
Imported accounts
40100 JYVÄSKYLÄ;;
Y-tunnus: 1234567-1;;
Tilikausi: 01.01.2015 - 31.12.2015;;
Rahayksikkö: EUR;;
;"Kausi";"Vuosi";"Ed. kausi";"Ed. vuosi"
Myyntituotot
Reporting accounts /Chart of accounts
3000 Myynti 24%;23317
3001 Myynti 14%;1522
Myyntituotot;24840
LIIKEVAIHTO;24840
Ostot, tilikauden aikana
4000 Ostot 24%;-150
Check
missing account
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
#N/A
Lookup function SUM
Reportl
ine
Liikevaihto
Liikevaihto
Liikevaihto
Liikevaihto
Liikevaihto
Liikevaihto
Lookup code
3000 Myynti 24%;23317
3001 Myynti 14%;1522
Myyntituotot;24840
LIIKEVAIHTO;24840
Ostot, tilikauden aikana
4000 Ostot 24%;-150
#N/A
85
0
85
85
0
23
The linking area
Lookup function SUM -> the formula that finds data from the imported data based on the Lookup Code
The three areas to the left Imported accounts, Reporting accounts/Chart of accounts and Check missing
account are just for checking the Linking for a missing Lookup code.
Lookup function SUM is a Excel ready formula for finding data. There are a number of functions that can
be used for this, for example Vlookup, Index and others. The function looks up the correct balance for
the report line and eliminates non numeric characters.
The connection to Link table is thru a simple Excel address function as default setting which is combining report lines and Lookup function SUM values. The numbers are transferred by pushing the “update
26 | P a g e
actual” button to the Link sheet. The linking is made to the corresponding report line. The report lines
are setup when starting the use of Yritysmalli (Get started instruction).
From Lookup function SUM
Back
Linktable to Actual fields
Sum table
This information is transferred to Act fields
Sales Manufactory
Sales Service
Sales New projects
Sales spare parts
Sales total
Purchases manual input
Cost of goods Manufactory
Cost of goods Service
Cost of goods New projects
Cost of goods Spare parts
Purchases total incl stock revaluation
% Of Sales
430
342
196
98
-210
-103
-78
-39
0
Other variable Cost manual input
Other variable Cost
0
0
how the setup is made in the Lookup function (one row or multiple rows).
Schematic layout of the whole Link sheet
check missing acc
Imported file
Lookup function
Linktable to actual fields
Actual data columns (what you see when opening the sheet)
Sales Manufactory
Sales Service
Sales New projects
Sales spare parts
Sales total
2015/12 2016/1 2016/2 2016/3 2016/4
ACT
ACT
ACT
ACT
ACT
380
380
380
380
285
285
285
285
190
190
190
190
95
95
95
95
27 | P a g e
If you have trouble with the linking we are always happy to assist on this matter.
[email protected] phone +358 40 5517 338 we are also increasing the amount of help videos
on our website: http://www.yritysmalli.fi/english.html
28 | P a g e
APPENDIX B
Mergers and Acquisitions modelling.
See also Mergers and Acquisitions Video on www.yritysmalli.fi/english.html
Yritysmalli can be used for quick M&A modelling using the software superior modelling capabilities.
There are a number of different ways to this this depending on how static or dynamic modelling is required. The easiest way to demonstrate this is to start describing how we incorporate the data of the
acquired object (later called “object”) from total income to sales margin and show 3 different ways to do
it.
When entering the data we use the Link sheet (picture below) which is also used when importing actual
data from bookkeeping to the acquiring company. The Link sheet chart of accounts (reporting lines) is a
copy of the reporting lines defined when starting the use of Yritysmalli. This means that part of the report lines on Link sheet are linked to the PL and Balance sheet and part not linked, we will use the non
linked report lines to make a static or separate modelling version.
Static modelling of sales margin
Delete
Actual
Move
all->
Move all->
OK
2017/12 2018/1
FC
FC
Sales Manufactory
Sales Service
Sales New projects
Sales spare parts
Sales total
Purchases manual input
Cost of goods Manufactory
Cost of goods Service
Cost of goods New projects
Cost of goods Spare parts
Purchases total incl stock revaluation
% Of Sales
2018/2
FC
2018/3
FC
2018/4
FC
2018/5
FC
2018/6
FC
1 000
1 000
1 000
1 000
1 000
1 000
-1 000
-1 000
-1 000
-1 000
-1 000
-1 000
-50
-50
-50
-50
-50
-50
-100
-100
-100
-100
-100
-100
Sales, cost of Goods of object,
same every month all years
0
Other variable Cost manual input
Other variable Cost
0
0
Other variable Cost
0
0
Personnel cost (variable)
Automatic forecast
Next go to the month sheet and input into the manual input field simple Excel links to these lines example: =+'6 Link'!AF236 in january 2018 manual sales cell. Now as we have entered the exact same numbers for all month and years 12000 sales, 12000 purchases, 600 other variable cost and 1200 personnel
cost is just added to the Simulation. in the Accumulated results can be seen that the totals above are
added to totals and the modelling is separate for the the acquiring company, the object numbers are
just added.
29 | P a g e
Back
Industry 5 Ltd
ACT = Actual period numbers entered will not have any effect
5.1 and 5.2 P/L and Balance Sheet
Show all years
No input areas in sheet
2018/1
2018/2
2018/3
2018/4
2018/5
2018/6
FC
FC
FC
FC
FC
FC
Links in theese cells
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
Sales manual input
1 000
1000
1000
1000
1000
1000
Sales Manufactory
425
425
425
445
445
445
Sales Service
Sales New projects
316
211
316
211
316
211
331
221
331
221
331
221
Sales spare parts
106
106
106
111
111
111
2 058
2 058
2 058
2 107
2 107
2 107
-1 000
-1 000
-1 000
-1 000
-1 000
-1 000
-209
-209
-209
-218
-218
-218
Cost of goods Service
-83
-83
-83
-87
-87
-87
Cost of goods New projects
-84
-84
-84
-88
-88
-88
Cost of goods Spare parts
-42
-42
-42
-44
-44
-44
Cl ose Rows Sales total
Open Rows Purchases manual input
Cost of goods Manufactory
Purchases total incl stock revaluation
-1 418
-1 418
-1 418
-1 437
-1 437
-1 437
% Of Sales
-68,9%
-68,9%
-68,9%
-68,2%
-68,2%
-68,2%
-50
-50
-50
-50
-50
-50
0
0
0
0
0
0
Other variable Cost manual input
Other variable Cost
Other variable Cost
Personnel cost (variable)
Automatic forecast
Hide ColumnPersonnel cost (variable)
-50
-50
-50
-50
-50
-50
-2,4%
-2,4%
-2,4%
-2,4%
-2,4%
-2,4%
-100
-100
-100
-100
-100
-100
-8
-8
-8
-8
-8
-8
-108
-108
-108
-108
-108
-108
Before entering numbers in Link sheet
2. Income statement
Act/Forec
Act/Forec
Act/Forec
Act/Forec
2017
12
2018
12
2019
12
2020
12
Year
Month
Sales total
12 028 100 %
13 870 100 %
14 210 100 %
15 723 100 %
Purchases total incl stock revaluation
-4 784
-5 467
-5 601
-6 167
Other variable Cost
Cost of goods
Personnel cost (variable)
Sales margin
-40 %
-39 %
-39 %
-39 %
0
0%
0
0%
0
0%
0
0%
-4 784
-492
-40 %
-4 %
-5 467
-74
-39 %
-1 %
-5 601
0
-39 %
0%
-6 167
0
-39 %
0%
6 751
56 %
8 329
60 %
8 609
61 %
9 557
61 %
After entering numbers in Link sheet
30 | P a g e
2. Income statement
Act/Forec
Act/Forec
Act/Forec
Act/Forec
2017
12
2018
12
2019
12
2020
12
Year
Month
Sales total
12 028 100 %
Purchases total incl stock revaluation
-4 784
Other variable Cost
Cost of goods
Personnel cost (variable)
Sales margin
-40 %
25 870 100 %
-17 467
-68 %
26 210 100 %
-17 601
27 723 100 %
-67 %
-18 167
-66 %
0
0%
-600
-2 %
-600
-2 %
-600
-2 %
-4 784
-492
-40 %
-4 %
-18 067
-1 274
-70 %
-5 %
-18 201
-1 200
-69 %
-5 %
-18 767
-1 200
-68 %
-4 %
6 751
56 %
6 529
25 %
6 809
26 %
7 757
28 %
Separate modelling of sales margin
If we wish to separately simulate the numbers of the object we can insert different formulas in the
Month sheet. Example the formula in the sales manual input field: =+'6 Link'!AF236*'6 Link'!AI222
gives us the possibility to adjust dynamically the object sales in the future and the result will be added to
the acquiring company numbers separately of how the acquiring company is simulated.
Incorporated modelling of sales margin
The third way of modelling the sales margin is to input the object data into report lines which are linked
to acquiring company modelling for the first 12 months and then the rest of years is modelled together
with the normal modelling (Simulation sheet drivers)
Delete
Actual
Move
all->
Move all->
OK
2017/12 2018/1
FC
FC
Sales Manufactory
Sales Service
Sales New projects
Sales spare parts
Sales total
Purchases manual input
Cost of goods Manufactory
Cost of goods Service
Cost of goods New projects
Cost of goods Spare parts
Purchases total incl stock revaluation
% Of Sales
2018/2
FC
2018/3
FC
2018/4
FC
2018/5
FC
2018/6
FC
2018/7
FC
1 000
1 000
1 000
1 000
1 000
1 000
1 000
-1 000
-1 000
-1 000
-1 000
-1 000
-1 000
-1 000
-50
-50
-50
-50
-50
-50
-50
-100
-100
-100
-100
-100
-100
-100
Observe that sums entered in different lines
than in last example
0
Other variable Cost manual input
Other variable Cost
0
0
Other variable Cost
0
0
Personnel cost (variable)
Automatic forecast
0
0
Personnel cost (variable)
31 | P a g e
Now the month sheet looks a little different with the sums incorporated in the automatic driver based
forecasting. The Sales, other variable cost and personnel cost is straightforward but with the purchases
line you have to take extra care as the automatic forecast calculates purchases according to sales volume according to drivers and the entered sum is added to this calculation, an adjustment of cost of
goods % might be needed starting january 2018 in this example.
Industry 5 Ltd
5.1 and 5.2 P/L and Balance Sheet
Show all years
No input areas in sheet
ACT = Actual period numbers entered will not have any effect
2018/1
2018/2
2018/3
2018/4
2018/5
2018/6
2018/7
FC
FC
FC
FC
FC
FC
FC
8%
8%
8%
8%
8%
8%
7%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
8%
7%
7%
7%
8%
8%
8%
8%
8%
8%
Sales manual input
0
0
0
0
0
0
0
Sales Manufactory
425
425
425
445
445
445
399
Sales Service
Sales New projects
316
211
316
211
316
211
331
221
331
221
331
221
297
198
Sales spare parts
Cl ose Rows Sales total
Open Rows Purchases manual input
Cost of goods Manufactory
Cost of goods Service
Cost of goods New projects
Cost of goods Spare parts
1106
1106
1106
1111
1111
1111
1099
2 058
2 058
2 058
2 107
2 107
2 107
1 993
0
0
0
0
0
0
0
-209
-209
-209
-218
-218
-218
-194
-83
-83
-83
-87
-87
-87
-78
-84
-84
-84
-88
-88
-88
-79
-1440
-1440
-1440
-1442
-1442
-1442
-1437
Purchases total incl stock revaluation
-1 816
-1 816
-1 816
-1 835
-1 835
-1 835
-1 788
% Of Sales
-88,2%
-88,2%
-88,2%
-87,1%
-87,1%
-87,1%
-89,7%
Other variable Cost manual input
Other variable Cost
Other variable Cost
Personnel cost (variable)
Automatic forecast
Personnel cost (variable)
% Sales
0
0
0
0
0
0
0
-50
-50
-50
-50
-50
-50
-50
-50
-50
-50
-50
-50
-50
-50
-2,4%
-2,4%
-2,4%
-2,4%
-2,4%
-2,4%
-2,5%
0
0
0
0
0
0
0
-108
-108
-108
-108
-108
-108
-108
-108
-5,3%
-108
-5,3%
-108
-5,3%
-108
-5,1%
-108
-5,1%
-108
-5,1%
-108
-5,4%
Object numbers added to automatic
forecasting
Empty manual input rows
Fixed costs
Example of entering object fixed salaries only for year 2018 20 per month total 240. Driver in Simulation table set to 100% for all years.
Situation before
Sales margin
Personnel cost fixed
Personnel cost voluntary
6 751
56 %
8 329
60 %
8 609
61 %
9 557
61 %
-1 255
-122
-10 %
-1 %
-1 255
-122
-9 %
-1 %
-1 255
-122
-9 %
-1 %
-1 255
-122
-8 %
-1 %
32 | P a g e
Situation after
6 751
56 %
7 529
29 %
6 809
26 %
7 757
28 %
-1 255
-122
-10 %
-1 %
-1 495
-122
-6 %
0%
-1 495
-122
-6 %
0%
-1 495
-122
-5 %
0%
Sales margin
Personnel cost fixed
Personnel cost voluntary
Interest and depreciation
Interest and depreciation has to be entered for all periods, in this example years 2018-2020.
Corporate tax
Corporate tax is automatically calculated on group level depending on the driver in Simulation table. If
you want to just calculate tax on the object, not on acquiring company, set tax driver to zero and enter
tax for all periods in Link table.
Balance sheet
Acquisition Goodwill is entered in the acquiring company balance as an investment in parameters
2.941 Goodwill
Investment residual cost year 0
Goodwill investments total
2330
0
0
2 330
0
0
The following assets are entered only once, only investments added. Example if 1000 is entered every
month, this will be treated as continiously investing 1000 more every month.
Immaterial investments
Goodwill (in object)
Holdings in Group companies
Land areas
Real estate
Machinery
These assets are automatically calculated by Yritysmalli depending on volume changes and Drivers (Simulation sheet) It is recommended to use automatic calculation so nothing is entered in Link sheet, if
sums are entered in Link sheet check that you do not have too big values in the balance sheet.
Stock
Accounts receivable
Other receivables
Prepayments and accrued income
These receivables have to be entered for all months to show up.
Loan receivables
Receivables Group
33 | P a g e
Equity
No form of equity is entered as the acquisition is calculated by the acquisition method and from group
perspective.
Debt
These debts are automatically calculated by Yritysmalli depending on volume changes and Drivers
(Simulation sheet) It is recommended to use automatic calculation so nothing is entered in Link sheet, if
sums are entered in Link sheet check that you do not have too big values in the balance sheet.
Accounts payable
Other creditors
Accruals and deferred income
These debts have to be entered for all months to show up.
Long term loans
Short term loans
Other creditors Group
Changing the start month of modelling
If you wish to move the starting month forward, there is just 2 things need to be done:
Move all->
2018/1
FC
2018/2
FC
2018/3
FC
2018/4
FC
2018/5
FC
Press to move everything 1 month
forward on Link sheet, starting
from button position
In case you have entered something in the Parametres sheet, for example Goodwill move that too.
Cash position of object
The treatment of the cash balance of the object can be adjusted in the parameters sheet.
Additional financing needed
Total
2.41 Minimum Cash Minimum cash is in use when sums are bigger than zero
2017 Minimum Cash
400
By entering x in the box the Acquisition company cash position is added
2018 Minimum Cash
400
If empty the acquisition is treated net of cash.
2019 Minimum Cash
400
2020 Minimum Cash
500
34 | P a g e