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SMi MASTERCLASS SERIES 2014

SMi Training Presents....

Operational Modellingfor InfrastructureFinance Projects

2nd

DEC2014Central LondonHosted By: Kate Bostock, Manager Project Finance, Mazars

Overview:The burgeoning market in secondary infrastructure assets in both PPP and renewable energyhas led to the widespread recognition that the financial model used to reach financial close isnot the right tool for monitoring the project’s finances during operations. In order to both monitorcompliance with lender covenants and to provide an accurate forecast of investor returns it isnow increasingly expected that an operational model will need to be built and audited.

Why and who should attend:The master class will be of particular interest to:• Infrastructure Investors - a good operational model allows the accurate monitoring of

assets owned and will help optimise price when it comes to selling assets• Asset Managers - understanding and operating operational models is a key part of the role

of the finance managers for infrastructure assets• Senior Funders - what are the key metrics to look for when operational models are

presented for covenant compliance purposes?• Public Sector Procurers - we’ll help you to understand the model that investors are using

(often in place of the financial close model)

MC 396

www.smi-online.co.uk/operational-financial-models.asp Register online and receive full information on all of SMi’s conferences

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Operational Modelling for Infrastructure Finance Projects

8.30 Registration and Coffee

9.00 Introductions

9.15 Understanding the Purpose of an OperationalModel

10.15 Key Building Blocks of the Model - Actuals, Workings and Forecasts

11.00 Morning Coffee

11.30 Dealing with Scenarios

12.30 Networking Lunch

13.30 The Contractual Requirements of Lenders, the Public Sector and Equity Investors

14.30 Monitoring Change Over Time

15.30 Afternoon Tea

16.00 Build Yourself or Source Externally? Considerations for Procuring and Managing a Model Builder and/or Model Auditor

17.00 Closing Discussions

17.30 End of Masterclass

FULL DAY PROGRAMME

Your Masterclass leader:

The masterclass will be led by Kate Bostock. Kate is a senior member of the Mazars model audit team which has

undertaken reviews of operational models for over 300 projects – and is a leading provider of such services globally.

Kate has also built models for concession arrangements in the UK and internationally and is experienced in providing

bespoke training sessions to banks, investors and public sector procurers.

About the Company:

Mazars specialise in audit, tax and advisory services across a range of markets and sectors. We offer specialist skills

beyond the reach of most regional firms and have the international structure to leverage from our global talent pool

in over 60 countries. Our clients include owner-managed ventures (some of the UK's fastest growing entrepreneurial

businesses), international corporate organisations, top listed groups (including

17% of the FTSEurofirst 100), the public sector and numerous private individuals.

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OPERATIONAL MODELLING FOR INFRASTRUCTURE FINANCE PROJECTSTueday 2nd December 2014, Central London

4 WAYS TO REGISTER

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