THE ECONOMIC AND FINANCIAL VALUATION OF AN INVESTMENT PROJECT.CASE STUDY S.A. AND S.R.L

CHAPTER 1 - THE ECONOMIC FRAMEWORK IN ROMANIA AND THE SURROUNDING BALKANS AREA 6
FACTS AND FIGURES 6
Issues Related to the Business Climate 6
Facts and figures 12
Area and Demographics 12
Regular Report issued by EC shows progress 13
International Relations 14
Economic Developments 14

CHAPTER 2 - CONCEPTS. RISK AND RETURN. INVESTMENT TYPES. EVALUATION PRINCIPLES. SOURCES OF FINANCING 19
What is Investing? 19
Why Invest? 19
How Do We Invest? 20
Common Mistakes 20
Understanding Investment Risk 21
Risk Avoidance 21
Risk Transfer 22
The Risk Averse Investor 22
Influence of Time on Risk 23
Types of Investment Risk 24
Systematic versus Unsystematic Risk 24
Types of investment 29
Sources of Financing 35

CHAPTER 3 - CAPITAL ASSETS. CAPITAL BUDGETING UNDER UNCERTAINTY 38
Capital Asset Pricing Model CAPM 40

CHAPTER 4 CASE STUDY: THE ECONOMIC AND FINANCIAL VALUATION OF SC IMOBILIAR COM 2000 SRL INVESTMENT PROJECT 51
Rules and Regulations of Giving Loans – SC BRD GSG SA 51
Company Description 65
Competition 67
SWOT Analysis 68
Weaknesses and Threats 68
Other Information 69
Investment Project Description 69
The General Estimate/ The Financing Plan 71
The Financial Analysis of the Project 73
The Financial Analysis of the Company’s Total Activity 77
Tables 78
The Investment Project Evaluation 84
Synthesis Note 90
Components of the feasibility study 93
Annexes for the Feasibility Study: 94

CHAPTER 5 CONCLUSIONS AND PROPOSALS DRAWN FROM THE INTERTWINING OF THEORY AND PRACTICE 95

BIBLIOGRAPHY 100