Projected Balance Item Genera l introdu ction / Role in Simfi

Description In the trainee site, the trainee might click on the menu item ‘Projected balance’, which is the balance for the upcoming quarter, if the trainee (hypothetically) doesn’t submit any loans or deposits, doesn’t issue any shares and doesn’t loan or invest. The salary expenses are the same as in the previous quarter, but IT investments are zero in the upcoming quarter. For example, the projected balance for quarter 1 pertains to the balance for period 2.

Where ? Exampl e

Financial statement>Projected balance As an example we show you how the portfolio amount of short term time deposits of maturity 3 months is calculated for the current and projected balance, see also chapter 6 “Calculation of Total Portfolio for Savings”. Quarter

Q1

Q2 (projected balance)

Month

M1

M2

M3

M1

M2

M3

Total amount new contracts

1000

500

1500

0

0

0

Table 1: Total amount of new contracts

In the calculations below the results of Q2 correspond to the results in the projected balance of Q1.

Calculation portfolio Q1 Calculation portfolio at the end of month 1: Total portfolio at the beginning of month 1:

1.000,00

Payback end of month 1, 1000/3:

333,33

Total portfolio at the end of month 1:

666,67

Calculation portfolio at the end of month 2: Total portfolio at the end of month 1:

666,67

Total amount of new contracts at the beginning of month 2:

500,00

Total portfolio at the beginning of month 2:

1.166,67

Payback end of month, 1000/3 + 500/3:

500,00

Total portfolio at the end of month 2:

666,67

Calculation portfolio at the end of month 3: Total portfolio at the end of month 2:

666,67

Total amount of new contracts at the beginning of month 3:

1.500,00

Total portfolio at the beginning of month 3:

2.166,67

Payback end of month 3, 1000/3 + 500/3+1500/3:

1.000,00

Total portfolio at the end of month 3:

1.166,67

Calculation portfolio Q2 (projected balance) Calculation portfolio at the end of month 1: Total portfolio at the end of month 3 in Q1:

1.166,67

Total amount of new contracts at the beginning of month 1:

0,00

Total portfolio at the beginning of month 1:

1.166,67

Payback end of month 1, 500/3+1500/3:

666,67

Total portfolio at the end of month 1:

500,00

Calculation portfolio at the end of month 2: Total portfolio at the end of month 1:

500,00

Total amount of new contracts at the beginning of month 2:

0,00

Total portfolio at the beginning of month 2:

500,00

Payback end of month, 1500/3:

500,00

Total portfolio at the end of month 2:

0,00

Calculation portfolio at the end of month 3: Total portfolio at the beginning of month 3:

0,00

Total amount of new contracts at the beginning of month 3:

0,00

Total portfolio at the beginning of month 3:

0,00

Payback end of month 3, nothing:

0,00

Total portfolio at the end of month 3:

0,00

18 Projected Balance

This document explains the term 'Projected Balance' in SimFi