06 Practical Valuation of Enterprise (new)

Task №1. The purpose of evaluation is to determine the market value of 100% stake in OAO "Telecom" as of 01.01.2013, located in St. Petersburg. The information in this report assessment will be offered to potential investors to decide on the amount of investment in the business. Schedule study: from 01-20 February 2013.

Additional information: the authorized capital at the date of assessment is made up of 620 million pieces of ordinary registered book-entry shares, par value of 0.1 rubles; activities - activities in the field of telecommunications.

Evaluate the market value of "Telecom" income approach, if there is the following background information:


Task № 2. Using the information specified in Tables 10 - 12, determine the market value of "Telecom" comparative approach.


Problem № 3. Evaluate the market value of "Telecom" cost approach.


Task № 4. As a result of problems №№ 1, 2 and 3 perform the coordination of the results and bring the total value of the business being valued. Justify the choice of weighting coefficients using any method of choosing weights.


Task № 5. Using these tasks 1-4, determine the value of 25.5% of shares in the authorized capital of OAO "Telecom". Distribution of shares of the owners of the valuation date: the owner of 1 - 50%; owner 2 - 25.5%; owner of 3 - 24.5%.


The task № 6. Evaluate the resale value of "Elma" on 01.01.2014g. The starting materials and auxiliary materials are placed in tables №№ 16-19. The discount rate, calculate and justify yourself (it may be different for different types of assets). The value of liabilities includes accounts payable and is 500 million. Rubles.

Developed and approved the following schedule of liquidation of the assets of the enterprise.