master-deck-experience-new-2
TRANSCRIPT
Bjørnar has more than 15 years of extensive
international experience from Fortune
500 companies and is a trusted advisor
to senior C level executives.
His capacities and focus are in the field of advising
organizations how to build investment prospectuses,
strategic plans and perform financial planning to
commercialize products and services.
B. Eide has vast international board and investment
committee experience in evaluating what it takes to
prepare the right material, concise arguments and
financial overview in critical decision making processes.
B. Eide has also worked extensively with addressing how
the overall strategic planning efforts are aligned
with capitalization plans, financial outlook and
shareholder expectations to overall equity valuation.
B. Eide has been a public speaker and
panel participant in conferences held
by Marcus Evans, EUCI and ACI and
has worked closely with strategic and
financial assessments for the following
companies.
• AES Corporation
• Sempra Energy Utilities
• Statoil ASA
• National Resource Group (NRG)
• General Motors Acceptance
Corporation (GMAC)
• CF Industries
• Statkraft
• The Crown Estate UK
• Asker Municipality
• ENEL Corporation
Copyright © 2017 Beide Forvaltning A/SMBA Finance, is the team’s resource within strategy, finance and valuations with executive leadership training from Cornell University and an MBA from San Francisco State University.
Bjørnar Eide - Biography
Know how and extensive capabilities in corporate finance and strategic assessments have created an extensive list of project references for
many larger international organizations and startup – venture companies.
The project references listed in this section
covers projects across many industries with a
focus on strategic approach, corporate finance
and building business critical models,
assessments and valuations.
By staying flexible, adoptive to change and
innovation, skill sets have been developed to
address how best to take advantage of stenghts
of organizations and build recurring and sustainable value propositions for clients.
Copyright © 2017 Beide Forvaltning A/S
CORPORATE FINANCE MODEL BUILDING
Project References
Project References
Copyright © 2017 Beide Forvaltning A/S
Extensive international experience working with C level executives to communicate finance transactions and their strategic potential.
Fisketorget i Oslo Investment Memorandum (IM) Corporate Finance
Tergo Power Investment Memorandum (IM) Corporate Finance
Mindstretch Investment Memorandum (IM) Corporate Finance
Hywind – Statoil A/S Business plan, Capital Requirements Corporate Finance
AES Strategic Assessment Corporate Finance
ECPG Merger & Acquisition Model Model Building
Gravitude – Statoil A/S Strategic Plan Corporate Finance
Gladiator Education Investment Memorandum (IM) Corporate Finance
PaR Model Profit at Risk Model Model Building
Crown Estate Carbon capture and storage model Model Building
Asker Municipality External Portfolio Management Corporate Finance
Sempra Energy Governance structure Corporate Finance
NRG Energy Governance structure Corporate Finance
CF Industries FAS133 Hedging Program Model Building
CORPORATE FINANCE MODEL BUILDING
Investment Memorandum (IM) - Fisketorget
Sucessfull raised 40 Million+ NOK to build a luxory fishmarket in Oslo, Norway.
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Investment Memorandum (IM) - TergoPower
Created IM to raise working capital to build 2 power plants in Poland.
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Investment Memorandum (IM) - MindStretch
IM and financial model used to seek equity for start up.
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Business plan & Capital Requirements – Statoil Hywind
Low case Medium case High case
1221 3010
5
6
020406080
100120
Cost Revenue Negative EBITDA
20
35
17
11
20
38
020406080
100120
Cost Revenue Negative EBITDA
24
52
3426
34
30
020406080
100120
Cost Revenue Negative EBITDA
203517
920
020406080100120
Cost Revenue Negative EBITDA
Other cost Labour cost - Technical Labour cost - CommercialOther revenue Consulting R&D grantsCapital requirement
Business
developmentFeasibility
Design (FEED,
detailed)Procurement Construction Commissioning O&M
Project development 20 % 30 % 30 % 30 % 20 %
INT
EG
RA
TO
R
Turbine including SCADA system
20 % 20 % 30 % 30 %
Floating substructure incl mooring and
pitching syst.40 % 80 % 90 % 50 % 20 %
Offshore installation20 % 20 % 30 % 30 %
Offshore infrastructure
Onshore infrastructure
Other: Environmental, legal, permitting,
certification etc.
Source: PöyryCurrent core competence
Some competence
Statoil Technology Invest – value chain and capital requirements
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Copyright © 2017 Beide Forvaltning A/S
Strategic evaluation of earnings model, infrastructure, guidance and use of risk metrics
CORPORATE FINANCE MODEL BUILDING
Strategic Assessment – Applied Energy Services (AES)
Copyright © 2017 Beide Forvaltning A/S
Auction bid model for acquisition of natural gas and electricty retail portfolios
CORPORATE FINANCE MODEL BUILDING
Merger & Acquisition Model – East Coast Power & Gas (ECPG) – New York
Strategic plan Gravitude – Statoil Technology Invest
Valuation and strategic plan for spin out of technology
MAINGOALS DESIGN - STRUCTURED BUSINESS PLAN
STEPS (1) Design an identify the main components that should be detailed
in the strategic plan.
(2) Analyze the various marketing channels, subsequent
expenditures and possible revenue paths dependent on
capitalization.
(3) Assess EBITDA pricing structures that would support growth in
earnings over time.
(4) Detailed build up of operational expenses and capital
expenditures projections for the next 10 years.
RESULT DOCUMENT—STRUCTURED BUSINESS PLAN
MAINGOAL VALUE - COMPANY AT INITATION AND AT CERTAIN
MILESTONES GIVEN MAR- KET OUTLOOK
STEPS (1) Build a financial representation of ex- pected revenue and
expenditures pro- jections for the next 10 year (financial
pro-forma).
(2) Assess Net Present Value (NPV) of company at
different points in time along a time axis.
(3) Evaluate expected outcome and varia- tions to valuation
given uncertainty of revenue and expenditure projections.
RESULT DESCRIPTION OF A TIME DEPENDENT VALUATION OF
THE SPUN OUT COM- PANY:
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Investment Memorandum (IM) Gladiator Education
IM used to raise 25 Million NOK for 49.9% of outstanding shares.
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Profit at Risk Model (PaR) – Chile
Stochastic quantification of uncertainty and hedging tool developed in Mathlab
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Carbon Capture & Storage (CCS) Model – Crown Estate
Financial value chain and incentive mechanism evaluation model (EBITDA)
MAINGOALS ESTABLISH A VALUE CHAIN MODEL
STEPS (1) Establish a CCS value chain model for The Crown Estate.
(2) Train personnel to use the model.
(3) Load the model with data from the CCS cost reduction task
force.
(4) Perform variations to input assumptions to reflect tentative
incentive mechanisms.
(5) Compare and contrast cases within value chain and the
entire chain.
(6) Summarize findings and recommendations.
RESULT MODEL IMPLEMENTED
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
External porfolio mandate / management – Asker Municipality
AKSJER
Vekt Pris/NNV Aksjer: (tallet hentes automatisk fra arkfanen "Poengberegning")
Vekt poeng aksjer: (beregnes automatisk)
OBLIGASJONER
Vekt Pris obligasjoner (tallet hentes automatisk fra arkfanen "Poengberegning")
Vekt poeng obligasjoner (beregnes automatisk)
H ø y e s t e t a l l e r b e s t
1. Danske Capital AS
2. DnB Asset management AS
3. Nordea Investment management AS
4. Pareto Forvaltning AS
5. Storebrand kapitalforvaltning AS
Beste pris/nåverdi og poeng aksjer:
Beste score settes lik indeks 100 (benyttes ved
50%
50%
indeksering av nåverdi og poeng).
214,286 400
JA
50%
JA 214,286 253 100 63
Poeng-
indeks
50%
Alle tekn.-krav
oppfylt
(JA/NEI)
40%
364 31
43
91
307 35 77
Pris/Nåverdi
Aksjer
461,905 400 46 100
293500,000
JA
JA
Alle kval.-krav
oppfylt
(JA/NEI)
JA
Poeng Aksjer
606,190
JA 73
60%
Pris/Nåverdi-
indeks
JA
JA
JA 700,000
JA
Awarded RFP to assist Asker Muncipality in evaluating external portoflio candidates for a USD 300 Million portfolio
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Meravkastning i forhold til MSCI
for ulike tidsperioder
DNB Global Etisk (V) sin relative meravkastning
DNB Global
Etisk (V)
10 største
fond
5 største fond
10
største fond
5 største fond
1 år 0,43% 0,29% 0,30% 0,15% 0,13%
2 år 0,43% 0,35% 0,35% 0,07% 0,06%
3 år 0,18% 0,13% 0,10% 0,05% 0,08%
Design Governance system – Sempra Energy Utilities (SDGE/SCGC)
Design of risk metrics, mandates, polices and governance structure for Sempra Energy Utilities
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
Portfolio Management / Risk Metrics – NRG Energy
Identification, monitoring and management of a total portfolio consisting of 20,000 MW generating capacity
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING
CF Industries / Agrialliance - Minneapolis
Design and development of FAS 133 global position and hedging tool for fertilizer operations
Copyright © 2017 Beide Forvaltning A/SCORPORATE FINANCE MODEL BUILDING