Intesa Sanpaolo: Model sources / uses
A. Casework
B. Investment Activities
C. Activities provided
General:
- corresponds to the flow of assets of industrial enterprises
- calculation from the bottom up: starting in net income and adjusted operating
- not useful for assessment
- cash flows for the assessment of a bank must be consistent with the bank's activities
- PFI and PNF are commodities
- D / E no longer makes sense
cash flow for valuation purposes:
carry out a financial statement to predict which dividends. FCFE I have not fully distributed as dividends because a part is needed to finance growth activities for the portion of the assets of Surveillance core tier 1 in the form of equity.
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