Absolute & Relative reference in formula

Loan Amount
R 1,000,000 R 1,500,000 R 2,000,000 R 2,500,000 R 3,000,000
Term (Months)
60
Rate
12%
Monthly Repayment
(R22,244.45) (R33,366.67) (R44,488.90) (R55,611.12) (R66,733.34)

Exersise 1
Absolute & Relative References Combined
1
1
2
3
4
5

2
1
2
3
4
5

3
2
4
6
8
10

4
3
6
9
12
15

5
4
8
12
16
20

5
10
15
20
25

Date
Result
1-Jan-12
1-Jan-12
6-Mar-85 6-Mar-85
5-Dec-20 5-Dec-20
8-Apr-90 8-Apr-90
4-Jul-09
4-Jul-09

8%
9%
10%
11%

Name Ranging & Data Valdation

DCF valuation

0
2011

Free cash flows to firm

Less: portion attributable to minorities
Less: Tax shield
Free cash flows to shareholders
WACC used in DCF

0
7.0%

PV of free cash flows to equity

7%
8%
9%
10%
11%
12%
13%
14%
15%

ABSA Limited
Investec Limited
space #
4
4
5
9
FNB Trading Limited
RMB Trading Limited

String Length
19
19

2012

2013

2014

2015

18,689,980

19,641,250

10,421,560

19,841,160

5,556,450

5,483,480

5,441,600

5,946,710

2,180,090

2,384,050

2,874,750

2,566,820

R26,426,520.00

R27,508,780.00

R18,737,910.00

R28,354,690.00

FNB Limited
RMB Limited
ABSA Limited
Investec Limited

Trading
Trading
Trading
Trading

space #
4
4
5
9

Remove "Limited"
FNB
RMB
ABSA
Investec

FNB Trading Limited

RMB Trading Limited

String Length

Add
FNB Trading
RMB Trading
ABSA Trading
Investec Trading
bank

With out First Space

19 Trading Limited
19 Trading Limited

Space #

without second space

8 Limited
8 Limited

10

2016

2017

2018

2019

2020

2021

14,469,490

19,261,190

10,920,140

17,561,470

19,446,890

18,668,750

5,723,740

5,817,570

5,297,230

5,028,330

5,532,690

5,832,020

2,419,240

2,617,330

2,203,290

2,783,040

2,454,110

2,320,810

R22,612,470.00

R27,696,090.00

R18,420,660.00

R25,372,840.00

R27,433,690.00

R26,821,580.00

Date
Rate
1-Jan-13
4%
1-Feb-13
12%
1-Mar-13
4%
1-Apr-13
7%
1-May-13
11%
1-Jun-13
12%
1-Jul-13
14%
1-Aug-13
19%
1-Sep-13
17%
1-Oct-13
9%
1-Nov-13
19%
1-Dec-13
6%
1-Jan-14
15%
1-Feb-14
18%

Date
Rate

1-Jan-13
4%

1-Feb-13
12%

1-Mar-13
4%

1-Apr-13
7%

1-May-13
11%

1-Jun-13
12%

1-Jul-13
14%

1-Aug-13
19%

1-Sep-13
17%

1-Oct-13
9%

1-Nov-13
19%

1-Dec-13
6%

1-Jan-14
15%

Vlookup wih text and text to dates

1-Feb-14
18%

h text and text to dates

Bill.Doc.
1116176473
1116224506
1116214956
1116215363
1116135510
1116224507
1116224708
1116258487
1116250688
1116265302
1116265100
1116265201
1116285244
1116285248
1116330370
1116323922
1116384180
1116384181
1116384585
1116378507
1116384787

Doc. Date
29.02.2012
28.03.2012
26.03.2012
26.03.2012
31.01.2012
29.03.2012
29.03.2012
23.04.2012
18.04.2012
25.04.2012
25.04.2012
25.04.2012
09.05.2012
09.05.2012
31.05.2012
29.05.2012
28.06.2012
28.06.2012
19.06.2012
26.06.2012
28.06.2012

Due date
Amount Currency
19.06.2012
2,175,415 ZAR
30.06.2012
41,258 EUR
01.07.2012
6,746,804 ZAR
01.07.2012
2,888,549 ZAR
02.07.2012
7,614,859 ZAR
06.07.2012
1,900,055 ZAR
11.07.2012
5,212,394 ZAR
22.07.2012
271,727 ZAR
24.07.2012
922,060 ZAR
31.07.2012
640,861 ZAR
31.07.2012
2,884,810 ZAR
02.08.2012
5,867,073 ZAR
14.08.2012
940,991 ZAR
14.08.2012
4,487,898 ZAR
29.08.2012
755,929 ZAR
03.09.2012
6,592,960 ZAR
21.09.2012
620,846.40 ZAR
21.09.2012 2,138,979.60 ZAR
21.09.2012
30,682.87 EUR
24.09.2012
858,780.93 ZAR
03.10.2012 1,536,414.84 ZAR

1116176473
1116224506
1116214956
1116215363
1116135510
1116224507
1116224708
1116258487
1116250688
1116265302
1116265100
1116265201
1116285244
1116285248
1116330370
1116323922
1116384180
1116384181
1116384585
1116378507
1116384787

Amount
2175414.66
41257.55
6746803.8
2888549.4
7614858.83
1900055.32
5212393.69
271726.56
922060.26
640861.2
2884810.2
5867073.21
940990.5
4487898
755929.11
6592959.66
620846.4
2138979.6
30682.87
858780.93
1536414.84

# of days PMT after Due Date

#VALUE!

Trading
Investec Bank Limited
RMB Limited

RMB Limited Trading

4 RMB

RMB Trading

Investec Trading
RMB Trading

Costs
A
CompA
Interest
Maintenance
Rental
Salaries
Bonuses
Fixed Overheads

100
150
200
250
300
350

CompB
Interest
Maintenance
Rental
Salaries
Bonuses
Fixed Overheads

300
350
400
450
500
550

CompC
Interest
Maintenance
Rental
Salaries
Bonuses
Fixed Overheads

500
550
600
650
700
750

B16

300

\\vboxsrv\conversion_tmp\scratch_2\[230444305.xlsx.ms_office.xlsx]Inputs

A
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

B
10%
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%

C
15%
20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%

20%
25%
30%
35%
40%
45%
50%
55%
60%
65%
70%
75%

Index and Match

B
Oct
Nov
Dec

Index and Match using Lists

Portfolio
Month
Return

Scenario

Year 0
Revenue

Revenue % growth
Base
High
Low

Year 1

Year 2

Year 3

Year 4

R 157,000

57%
90%
37%

45%
57%
33%

33%
59%
34%

35%
40%
19%

Year 5

45%
64%
21%

Year 6

51%
78%
31%

Year 7

39%
52%
39%

Year 8

52%
69%
28%

Year 9

51%
52%
32%

Year 10

37%
51%
27%

Date
CF
31-Jan-10
-14000
2-Mar-10
20
6-May-10
60
9-Jul-10
500
31-Aug-10
5000
23-Oct-10
10000
XNPV
XIRR

Loan Amount
Interest Rate
Term
Monthly Repaymants

R 15,000,000.00
11.50%
20

Finance Types
Aviation
Fixed Asset
Private Banking
Investment Banking

Select Finance Type

Select Sub-type

Aviation
Aviation
Airbus
Boeing
Piaggio

FixedAsset
FixedAssets
Building
Machinery

PrivateBanking
PrivateBanking
Boat
House
Car

InvestmentBanking
InvestmentBanking
LBO
Equity Capital
Debt Capital

Date
24-Mar-11
29-Mar-11
31-Mar-11
24-Jun-11
24-Jun-11
29-Jun-11
4-Oct-11
4-Oct-11
14-Oct-11
14-Oct-11
7-Nov-11
11-Nov-11
11-Nov-11
11-Nov-11
11-Nov-11
11-Nov-11
14-Nov-11
15-Nov-11
17-Nov-11
18-Nov-11
8-Dec-11
8-Dec-11
5-Jan-12
5-Jan-12
5-Jan-12
5-Jan-12
5-Jan-12
5-Jan-12
5-Jan-12
5-Jan-12
6-Jan-12
6-Jan-12
9-Jan-12
9-Jan-12
10-Jan-12
11-Jan-12
11-Jan-12
13-Jan-12
13-Jan-12

Trader
Gavin
Steven
Paul
Russel
Steven
Steven
Steven
Lisa
Lisa
Steven
Steven
Steven
Russel
Gavin
Russel
Russel
Paul
Lisa
Lisa
Russel
Russel
Russel
Russel
Lisa
Lisa
Paul
Steven
Steven
Russel
Gavin
Russel
Paul
Lisa
Lisa
Russel
Russel
Russel
Russel
Lisa

Type
Purchase
Sale
Options exercised
Options exercised
Purchase
Options exercised
Purchase
Purchase
Options exercised
Sale
Purchase
Options exercised
Sale
Sale
Purchase
Sale
Options exercised
Sale
Sale
Sale
Purchase
Sale
Purchase
Purchase
Purchase
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Purchase
Purchase
Purchase
Sale
Sale
Purchase
Sale

Share
SOL
SOL
SOL
SOL
SOL
SOL
AGL
AGL
SOL
SOL
AGL
SOL
SOL
AGL
AGL
FBR
SOL
SOL
AGL
SOL
AGL
AGL
FBR
FBR
AGL
FBR
FBR
FBR
AGL
AGL
FBR
FBR
AGL
AGL
FBR
FBR
FBR
FBR
FBR

Qty
900
2300
1000
3300
3300
164000
1017
512
20000
20000
10
2300
1000
201
12
4000
15000
15000
6030
9700
10
10
16428
2000
597
4500
12000
209
246
598
10000
2753
10
10
74342
15658
10000
3494
4253

Price
Total
11120
100,080.00
37652
865,996.00
10700
107,000.00
34350 1,133,550.00
11700
386,100.00
35299 57,890,360.00
2360
23,999.00
2360
12,082.00
21950 4,390,000.00
34499 6,899,800.00
1158
116.00
12000
276,000.00
30700
307,000.00
2360
4,743.00
1158
139.00
4550
182,000.00
37860 5,679,000.00
38000 5,700,000.00
2468
148,830.00
38035 3,689,395.00
1257
126.00
1257
126.00
4554
748,131.00
4564
91,280.00
2319
13,847.00
4550
204,750.00
4560
547,200.00
4568
9,547.00
2319
5,706.00
2319
13,870.00
4560
456,000.00
4563
125,619.00
2461
246.00
2461
246.00
4513 3,355,161.00
4500
704,610.00
4520
452,000.00
4554
159,117.00
4556
193,767.00