International project analysis and financing:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Basingstoke [u.a.]
Macmillan
1999
|
| Ausgabe: | 1. publ. |
| Schriftenreihe: | Macmillan business
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XIII, 235 S. |
| ISBN: | 0333770889 |
Internformat
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV013175128 | ||
| 003 | DE-604 | ||
| 005 | 20001102 | ||
| 007 | t | ||
| 008 | 000526s1999 xxk |||| 00||| eng d | ||
| 020 | |a 0333770889 |9 0-333-77088-9 | ||
| 035 | |a (OCoLC)42025477 | ||
| 035 | |a (DE-599)BVBBV013175128 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 044 | |a xxk |c XA-GB | ||
| 049 | |a DE-92 |a DE-706 |a DE-521 | ||
| 050 | 0 | |a HG4027.5 | |
| 082 | 0 | |a 658.152 |2 21 | |
| 082 | 0 | |a 658.404 |2 21 | |
| 084 | |a QP 750 |0 (DE-625)141933: |2 rvk | ||
| 100 | 1 | |a Pollio, Gerald |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a International project analysis and financing |c Gerald Pollio |
| 250 | |a 1. publ. | ||
| 264 | 1 | |a Basingstoke [u.a.] |b Macmillan |c 1999 | |
| 300 | |a XIII, 235 S. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a Macmillan business | |
| 650 | 7 | |a Financiering |2 gtt | |
| 650 | 7 | |a Investeringen |2 gtt | |
| 650 | 7 | |a Projectmanagement |2 gtt | |
| 650 | 4 | |a Multinationales Unternehmen | |
| 650 | 4 | |a Capital intensive industries | |
| 650 | 4 | |a Energy industries |x Finance |v Case studies | |
| 650 | 4 | |a Infrastructure (Economics) |x Finance |v Case studies | |
| 650 | 4 | |a International business enterprises |x Finance | |
| 650 | 4 | |a Investment analysis | |
| 650 | 4 | |a Mineral industries |x Finance |v Case studies | |
| 650 | 0 | 7 | |a Projektanalyse |0 (DE-588)4175873-0 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Projektfinanzierung |0 (DE-588)4047425-2 |2 gnd |9 rswk-swf |
| 655 | 7 | |0 (DE-588)4522595-3 |a Fallstudiensammlung |2 gnd-content | |
| 689 | 0 | 0 | |a Projektanalyse |0 (DE-588)4175873-0 |D s |
| 689 | 0 | 1 | |a Projektfinanzierung |0 (DE-588)4047425-2 |D s |
| 689 | 0 | |5 DE-604 | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008976592&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-008976592 | ||
Datensatz im Suchindex
| _version_ | 1804127875408855040 |
|---|---|
| adam_text | Contents
List of Figures, Charts and Tables ix
Preface xi
1 An Overview of Project Analysis and Financing 1
Limited Recourse Finance 3
Sources of Limited Recourse Finance 6
Recent Trends in Project Finance Lending 11
Plan of the Book 17
2 An Introduction to Capital Budgeting 27
Compounding and Discounting 27
Portfolio Building 36
The Capital Asset Pricing Model 39
Capital Structure 48
The Gulf Takeover as a Case Study 51
3 Project Evaluation in Practice 58
Developing Realistic Estimates of Key Project Parameters 59
Projects as Options 64
International Capital Budgeting 71
Political Risk 74
Hurdle Rates for Offshore Investments 81
4 Project Finance 87
Defining Project Finance K8
Project Sponsors ^
Commercial Banks ^3
Host Governments ^
Project Finance as a Strategic Option 101
Conclusion 4
5 Identifying and Managing Project Risks 107
Project Risks: A Summary 1°7
Major Project Risks
Mitigating Project Risks
Alternative Risk Management Strategies 126
The Contractual Framework 13°
vii
viii Contents
6 Four Case Studies 144
An Oil Financing in the United States 146
Evaluating Mutually Exclusive Power Investments 155
Traditional Project Financing: Middle Eastern LNG 159
A Fertiliser Project in Pakistan 166
7 Financing Infrastructure Projects 177
Currency Risk Management 180
Risk Characteristics of Infrastructure Projects 184
Power Projects 186
Transportation Projects 198
Pipeline Projects 213
References 221
List of Figures, Charts and
Tables
FIGURES
2.1 Portfolio diversification 39
4.1 Schematic representation of project financing 89
CHARTS
2.1 Discount rate factors 29
3.1 Crude oil price forecasts, 1983 91 60
TABLES
1.1 Recent bond rating changes, new Asian issues and project
bonds in US capital markets 3
1.2 Project bond ratings and structures, 1996 and 1997 8
1.3 Comparison of alternative funding sources 10
1.4 International fixed income markets 12
1.5 International project loans, 1996 13
1.6 Project loans by country or region, 1977 96 15
1.7 Industrial classification of the Kleimeier Megginson project
finance loan sample
1.8 Asian and non Asian project loans, 1977 92 17
2.1 Alternative investment selection criteria 32
2.2 How do British firms evaluate projects? 33
2.3 Equations for fixed US non residential private investment.
1947 87 35
2.4 Firm size and realised returns for common stocks listed on the
NYSE during the period 1926 94 45
3.1 Sensitivity analysis of NPV to changes in time lag to recovery,
reserve additions and development costs (NPV per barrel) 63
3.2 Comparison of variables for pricing models of stock call
options and undeveloped petroleum reserves 66
3.3 Option values per dollar of development cost 68
ix
x List of Figures, Charts and Tables
3.4 Actual and simulated bids for two US Gulf of Mexico lease
sales, 1980 (millions of US dollars) 70
3.5 Rating agency criteria for assessing country risk 79
3.6 Elasticity of political risk index with respect to selected
economic, external and location variables 80
3.7 Comparison of the total risk and CAPM approaches 83
4.1 Project finance banks (millions of US dollars) 94
4.2 Impact of a change in model variables on project equity
and debt 103
5.1 Cash flow risks 112
5.2 Project risks, hedging tools and sources of coverage 125
5.3 Types of insurance coverage and capacity 139
6.1 Base case cash flow model 148
6.2 Sensitivity analysis of cover ratio 152
6.3 Black Scholes estimates of project equity and debt 154
6.4 Base case economics: oil, gas and dual fuel (in $m) 157
6.5 LNG demand in Asia Pacific (million tonnes) 161
6.6 Comparative LNG project economics: Qatar and Natuna,
Indonesia 164
6.7 Key project risks and sensitivities 170
6.8 Results of sensitivity analysis 171
7.1 Principal project risks by industrial sector 185
7.2 Comparison of five US power projects 187
7.3 Eldorado International Airport base case financial results and
debt service coverage (thousands of US dollars) 201
7.4 Summary of key features of five GBFE Chinese expressways 204
7.5 Forecasts of Eurotunnel system total revenues and
Eurotunnel annual passenger and freight movements,
1996 99 207
7.6 Eurotunnel economic and financial forecasts 208
7.7 Risk factors affecting Eurotunnel project 210
|
| any_adam_object | 1 |
| author | Pollio, Gerald |
| author_facet | Pollio, Gerald |
| author_role | aut |
| author_sort | Pollio, Gerald |
| author_variant | g p gp |
| building | Verbundindex |
| bvnumber | BV013175128 |
| callnumber-first | H - Social Science |
| callnumber-label | HG4027 |
| callnumber-raw | HG4027.5 |
| callnumber-search | HG4027.5 |
| callnumber-sort | HG 44027.5 |
| callnumber-subject | HG - Finance |
| classification_rvk | QP 750 |
| ctrlnum | (OCoLC)42025477 (DE-599)BVBBV013175128 |
| dewey-full | 658.152 658.404 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
| dewey-raw | 658.152 658.404 |
| dewey-search | 658.152 658.404 |
| dewey-sort | 3658.152 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| edition | 1. publ. |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01988nam a2200541 c 4500</leader><controlfield tag="001">BV013175128</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20001102 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">000526s1999 xxk |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0333770889</subfield><subfield code="9">0-333-77088-9</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)42025477</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV013175128</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxk</subfield><subfield code="c">XA-GB</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-92</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-521</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HG4027.5</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">658.152</subfield><subfield code="2">21</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">658.404</subfield><subfield code="2">21</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 750</subfield><subfield code="0">(DE-625)141933:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Pollio, Gerald</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">International project analysis and financing</subfield><subfield code="c">Gerald Pollio</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1. publ.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Basingstoke [u.a.]</subfield><subfield code="b">Macmillan</subfield><subfield code="c">1999</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XIII, 235 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Macmillan business</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Financiering</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Investeringen</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Projectmanagement</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Multinationales Unternehmen</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Capital intensive industries</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Energy industries</subfield><subfield code="x">Finance</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Infrastructure (Economics)</subfield><subfield code="x">Finance</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">International business enterprises</subfield><subfield code="x">Finance</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Investment analysis</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Mineral industries</subfield><subfield code="x">Finance</subfield><subfield code="v">Case studies</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Projektanalyse</subfield><subfield code="0">(DE-588)4175873-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Projektfinanzierung</subfield><subfield code="0">(DE-588)4047425-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="655" ind1=" " ind2="7"><subfield code="0">(DE-588)4522595-3</subfield><subfield code="a">Fallstudiensammlung</subfield><subfield code="2">gnd-content</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Projektanalyse</subfield><subfield code="0">(DE-588)4175873-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Projektfinanzierung</subfield><subfield code="0">(DE-588)4047425-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008976592&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-008976592</subfield></datafield></record></collection> |
| genre | (DE-588)4522595-3 Fallstudiensammlung gnd-content |
| genre_facet | Fallstudiensammlung |
| id | DE-604.BV013175128 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T18:40:18Z |
| institution | BVB |
| isbn | 0333770889 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-008976592 |
| oclc_num | 42025477 |
| open_access_boolean | |
| owner | DE-92 DE-706 DE-521 |
| owner_facet | DE-92 DE-706 DE-521 |
| physical | XIII, 235 S. |
| publishDate | 1999 |
| publishDateSearch | 1999 |
| publishDateSort | 1999 |
| publisher | Macmillan |
| record_format | marc |
| series2 | Macmillan business |
| spelling | Pollio, Gerald Verfasser aut International project analysis and financing Gerald Pollio 1. publ. Basingstoke [u.a.] Macmillan 1999 XIII, 235 S. txt rdacontent n rdamedia nc rdacarrier Macmillan business Financiering gtt Investeringen gtt Projectmanagement gtt Multinationales Unternehmen Capital intensive industries Energy industries Finance Case studies Infrastructure (Economics) Finance Case studies International business enterprises Finance Investment analysis Mineral industries Finance Case studies Projektanalyse (DE-588)4175873-0 gnd rswk-swf Projektfinanzierung (DE-588)4047425-2 gnd rswk-swf (DE-588)4522595-3 Fallstudiensammlung gnd-content Projektanalyse (DE-588)4175873-0 s Projektfinanzierung (DE-588)4047425-2 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008976592&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Pollio, Gerald International project analysis and financing Financiering gtt Investeringen gtt Projectmanagement gtt Multinationales Unternehmen Capital intensive industries Energy industries Finance Case studies Infrastructure (Economics) Finance Case studies International business enterprises Finance Investment analysis Mineral industries Finance Case studies Projektanalyse (DE-588)4175873-0 gnd Projektfinanzierung (DE-588)4047425-2 gnd |
| subject_GND | (DE-588)4175873-0 (DE-588)4047425-2 (DE-588)4522595-3 |
| title | International project analysis and financing |
| title_auth | International project analysis and financing |
| title_exact_search | International project analysis and financing |
| title_full | International project analysis and financing Gerald Pollio |
| title_fullStr | International project analysis and financing Gerald Pollio |
| title_full_unstemmed | International project analysis and financing Gerald Pollio |
| title_short | International project analysis and financing |
| title_sort | international project analysis and financing |
| topic | Financiering gtt Investeringen gtt Projectmanagement gtt Multinationales Unternehmen Capital intensive industries Energy industries Finance Case studies Infrastructure (Economics) Finance Case studies International business enterprises Finance Investment analysis Mineral industries Finance Case studies Projektanalyse (DE-588)4175873-0 gnd Projektfinanzierung (DE-588)4047425-2 gnd |
| topic_facet | Financiering Investeringen Projectmanagement Multinationales Unternehmen Capital intensive industries Energy industries Finance Case studies Infrastructure (Economics) Finance Case studies International business enterprises Finance Investment analysis Mineral industries Finance Case studies Projektanalyse Projektfinanzierung Fallstudiensammlung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008976592&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT polliogerald internationalprojectanalysisandfinancing |