WEBVTT 1 00:00:08.225 --> 00:00:09.855 Hello and welcome to this video, 2 00:00:09.945 --> 00:00:13.575 which constitutes an introduction to the executive summary 3 00:00:14.195 --> 00:00:17.175 on the technical sheets of the optimal resource 4 00:00:17.855 --> 00:00:18.975 allocation procedure. 5 00:00:20.475 --> 00:00:24.185 Investment is a concept that goes far beyond finance. 6 00:00:25.405 --> 00:00:29.905 Indeed, the company invests to build its future to be able 7 00:00:29.965 --> 00:00:33.505 to achieve its strategic objectives to establish 8 00:00:34.015 --> 00:00:36.385 lasting leadership in its market. 9 00:00:38.375 --> 00:00:40.995 To do this, resources are mobilized 10 00:00:41.455 --> 00:00:44.875 and the company must ensure that the funds available 11 00:00:45.175 --> 00:00:47.555 for investment are optimized. 12 00:00:49.895 --> 00:00:52.965 These resources were made available to the company 13 00:00:53.145 --> 00:00:55.205 by investors who had the choice 14 00:00:55.595 --> 00:00:57.925 between financing its projects 15 00:00:58.105 --> 00:01:02.445 and mobilizing these funds on other value propositions 16 00:01:02.915 --> 00:01:04.845 offered by the capital markets. 17 00:01:05.915 --> 00:01:09.575 To convince investors to favor the capital project, 18 00:01:09.965 --> 00:01:11.335 it's necessary to promise 19 00:01:11.915 --> 00:01:14.375 and generate a return greater than 20 00:01:14.445 --> 00:01:18.495 what the markets could offer in the same risk category. 21 00:01:20.175 --> 00:01:23.825 This return will be calculated from the fund flows generated 22 00:01:23.825 --> 00:01:26.385 in the future, which will be compared 23 00:01:26.605 --> 00:01:27.945 to the initial investment. 24 00:01:28.935 --> 00:01:32.985 This financial approach is both technical and economic. 25 00:01:34.995 --> 00:01:38.165 Technical because you have to know how to calculate 26 00:01:38.425 --> 00:01:40.045 and discount fund flows. 27 00:01:40.635 --> 00:01:44.165 Calculate the rate of return, quantify the risk, 28 00:01:44.585 --> 00:01:49.195 and structure the financing economic 29 00:01:49.305 --> 00:01:52.475 because it's necessary to understand the risk taken 30 00:01:52.735 --> 00:01:56.355 by investors and the remuneration, which justifies the risk, 31 00:01:56.775 --> 00:01:59.995 but also to understand the industrial environment 32 00:02:00.425 --> 00:02:05.035 with all the opportunities created by uncertainty as well 33 00:02:05.415 --> 00:02:09.275 as the impact of the project on the outside of the business, 34 00:02:09.505 --> 00:02:13.035 whether it is the stakeholders directly involve 35 00:02:13.615 --> 00:02:17.835 or the environment or the climate and natural resources. 36 00:02:19.775 --> 00:02:23.675 The document available for download includes a summary 37 00:02:23.855 --> 00:02:28.635 of the detailed procedure devoted to the optimal allocation 38 00:02:28.635 --> 00:02:31.155 of resources and a certain number 39 00:02:31.255 --> 00:02:34.675 of technical sheets which address the main issues 40 00:02:35.015 --> 00:02:39.195 to the evaluation and control of investment project. 41 00:02:41.815 --> 00:02:44.175 I wish you a very happy rating.