第十四章 融资方案.ppt

Chapter 14  Financing Planning Financing Organization Forms  融资组织形式选择 Financing organization who initiates the project, who makes the financing activities, and who takes the responsibilities and risks of financing Sources of Funds 资金来源选择 Equity capital from enterprises Capitals which are either within or out side the government budgets and funds Credit funds from domestic and international banks Capital from domestic and international capital markets Capitals from domestic and international financing institutions except banks Capitals from foreign government, overseas companies, and individuals Capitals from donations of domestic and international institutions and individuals Equity Capital 资本金筹措 Capital provided by the project initiator, not a debt capital but a foundation to raise debts Form of the capital can be cash, tangibles, know-how, non-patent technology, and land occupancy right Debts Financing 债务资金筹措 The remaining sum of total investment deduction equity capital, which is raised from capital markets Financing Plan Analysis 融资方案分析 Sufficiency of capital supplies Financing structure analysis Equity-debt ratio Share structure analysis Debt structure analysis Financing cost analysis Debts cost Equity cost Financing risk analysis Capital supply risk Interest rate risk Exchange rate risk 乙烯工程项目融资方案 注册资本 注册资本比例 本项目注册资本为570367万元，占投资总额的34％，符合我国有关部门对该投资规模的外商投资企业注册资本最低比例的要求 中外双方出资比例 中外双方各占50％，并都以现金出资 债务资金 除注册资本外，所需资金拟由银行贷款解决。其中，人民币长期贷款541055万元，拟由国内银行贷款解决，外币长期贷款57117万美元，拟由国外银行贷款 * * * * * * * Study the available channels, forms, structures, costs, and risks of fund, then provide a suitable financing program for the project Financing organization forms Sources of funds Equity capital Debts financing Financing plan analysis Existent corporation financing New-corporation financing Raised by new-established corporation Raised by existent corporation Credit Including th