Management and Liquidity Planner SAP International Treasury Management Conference Thursday, J une 25th 2009 The Airbus Way Page 2 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Agenda Welcome to the world of Airbus Objectives of Treasury-Reporting Airbus Company-Presentation SAP-R/3: TR-CM Liquidity-Forecasting SAP-R/3: TR-CM Financial Status SAP-R/3: Liquidity-Planner SAP-BW: Reporting The Airbus Way Page 3 A I R B U S
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p r o p r i e t a r y d o c u m e n t . 300 200 100 400 500 600 3000 4000 5000 6000 7000 8000 9000 nm Evolution of the Airbus family reach seats A380 A321 A320 A319 A318 Last deli very A300-600 in July 2007 A300-600 A310 A340-600 A340-500 A340-300 A330-300 A330-200 A350 XWB A350 XWB - -900 900 A350 XWB A350 XWB - -800 800 A350 XWB A350 XWB - -1000 1000 Stand 31.Mai 2007 a world of innovation Airbus designs, sells, builds and supports the most modern and comprehensive aircraft family in the world: 9,223 orders 308 customers 5,616 delivered to date 483 delivered in 2008 The Airbus Way Page 4 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Evolution of the Airbus family The first Airbus aircraft The first twin engine widebody The first civil aircraft with a forward-facing two man cockpit The first civil aircraft with composites in secondary, and then primary structures The first civil aircraft to feature drag reducing wing tip devices The A300/A310 Family Strong foundations from which to grow a world of innovation The Airbus Way Page 5 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . The worlds best selling aircraft family The widest single-aisle aircraft The first civil aircraft with full fly-by-wire and side stick control The lowest operating cost and highest residual values in its class The only business jet certified for public transport The first civil aircraft to have a composite tailplane and flaps Evolution of the Airbus family The A320 Family The versatile answer for profitability a world of innovation The Airbus Way Page 6 A I R B U S
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p r o p r i e t a r y d o c u m e n t . The most technologically advanced and fuel efficient civil aircraft on the market The most spacious and quiet cabins The first civil aircraft with a composite rear pressure bulkhead and keel beam (A340) 60% advanced materials (A350 XWB) The A330/A340/A350 Family The most comfortable cabin in the sky Evolution of the Airbus family a world of innovation The Airbus Way Page 7 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Evolution of the Airbus family The A380 Family The flagship of the 21 st century Airbus response to growing demands on transport The most spacious and comfortable cabin available The most technologically advanced aircraft in commercial production today The first civil aircraft structure to incorporate 25% composites The highest level of environmental performance in its class New hydraulic electric system a world of innovation The Airbus Way Page 8 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Toulouse Dublin BrusselsMoscow Dubai New Delhi Singapore Sydney regional offices subsidiaries Airbus Americas Airbus China Airbus Japan 250 field service offices 11 engineering centres 5 spares centres 4 training centres Airbus is a global company 47600 employees worldwide, some 80 nationalities a world of cultural diversity FAL Tianjin The Airbus Way Page 9 A I R B U S
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p r o p r i e t a r y d o c u m e n t . G E R M A N Y S P A I N F R A N C E U N I T E D K I N G D O M Illescas Puerto Real Madrid Toulouse Toulouse Broughton Filton Final Assembly Line 12 sites in Europe St Nazaire Nantes Stade Buxtehude Bremen Hamburg Hamburg Rooted in Europe a world of cultural diversity The Airbus Way Page 10 A I R B U S
S . A . S .
A l l
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p r o p r i e t a r y d o c u m e n t . Agenda Welcome to the world of Airbus Objectives of Treasury-Reporting Airbus Company-Presentation SAP-R/3: TR-CM Liquidity-Forecasting SAP-R/3: TR-CM Financial Status SAP-R/3: Liquidity-Planner SAP-BW: Reporting The Airbus Way Page 11 A I R B U S
S . A . S .
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Objectives of Cash-Management-Project at AGE Enhancement of treasury-reporting regarding method (using SAP-Integration), quality (based on already existing data) transparancy (usage and sources on controlling-level) and analysis of variances to plan pilot for european companies The Airbus Way Page 12 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Data-sources for forecasting In At Cost Non At Cost others Types Bank Statement Bank Statement Bank Statement Plan- Position Plan- Position Invoice Out Procured HR Tax others Types Bank Statement Bank Statement Bank Statement Bank Statement P2P Process Payment- run Invoice P/O PreReque Plan- Position Plan- Position Payment- run manuell Payment manuell Payment Plan- Position The Airbus Way Page 13 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Treasury Applications from SAP The Airbus Way Page 14 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Solutions in SAP R/3 Bank Statement P2P Process Payment- run Invoice P/O PreReque Actual Cash Analyses G/L Account Interim Accounts P/O Supplier PreReque Supplier Liquidity Planner (SAP-R/3-Module LQP) is analysing backward Bank Accounts Treasury-Cash-Management (SAP-R/3-Module TR-CM) Liquidity Forecast Cash Positions Suppliers Vendors P/O Supplier Interim Accounts PreReque Supplier is looking forward Bank Accounts The Airbus Way Page 15 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Agenda Welcome to the world of Airbus Objectives of Treasury-Reporting Airbus Company-Presentation SAP-R/3: TR-CM Liquidity-Forecasting SAP-R/3: TR-CM Financial Status SAP-R/3: Liquidity-Planner SAP-BW: Reporting The Airbus Way Page 16 A I R B U S
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p r o p r i e t a r y d o c u m e n t . SAP-R/3 Treasury Cash-Management Liquidity Forecast Shows the movements of the personal accounts (customers and vendors) Drilldown to line item (e. g. Prereques, P/O, open items) Planned items can be add Flexible structure FI-base: payment terms or payment history Blocked Invoices by blocking reason The Airbus Way Page 17 A I R B U S
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p r o p r i e t a r y d o c u m e n t . SAP-R/3 Treasury Cash-Management Liquidity Forecast Example: Liquidity-Forecast Example: Drill-down to P/O (MM) Example: Liquidity-Forecast by currency Example: Blocked invoices The Airbus Way Page 18 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Agenda Welcome to the world of Airbus Objectives of Treasury-Reporting Airbus Company-Presentation SAP-R/3: TR-CM Liquidity-Forecasting SAP-R/3: TR-CM Financial Status SAP-R/3: Liquidity-Planner SAP-BW: Reporting The Airbus Way Page 19 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . SAP-R/3 Treasury Cash-Management Financial Status Shows the movements of the bank accounts or other cash related G/L accounts (e. g. interim-accounts) Drilldown to line item Planned items can be add Flexible structure In local and foreign currency The Airbus Way Page 20 A I R B U S
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p r o p r i e t a r y d o c u m e n t . SAP-R/3 Treasury Cash-Management Financial Status Example: Daily financial status Example: ... by currency Example: ... by banks The Airbus Way Page 21 A I R B U S
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A l l
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Agenda Welcome to the world of Airbus Objectives of Treasury-Reporting Airbus Company-Presentation SAP-R/3: TR-CM Liquidity-Forecasting SAP-R/3: TR-CM Financial Status SAP-R/3: Liquidity-Planner SAP-BW: Reporting The Airbus Way Page 22 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 1. Mapping based on informations from bank statement Interpretation of information from (MT940)-data-fields E. g. value, posting-text, usage, applicant, etc. 2. Mapping based on informations from SAP FI Backtracking of document-chain Interpretation based on Supplier/Vendor-Accounts 3. Mapping based on informations from invoice Backtracking of document-chain Interpretation based on G/L-Accounts I n c r e a s i n g
l e v e l
o f
d e t a i l The Airbus Way Page 23 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 cash positions Cash out Cash in The Airbus Way Page 24 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 allocation-basis The Airbus Way Page 25 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 payment-chains LIA 3rd Dom 19231200 11610000 19231500 11844100 19212500 REC 3rd Dom 1923300 19231500 11844100 LIA IC EUR 1200200 11610000 REC IC EUR 1200200 11610000 Bank-Statement Intercompany- Bank (EADS EUR) Payment-Run 11610000 19212500 Bank-Statement Intercompany- Bank (EADS EUR) Bank-Statement Commercial-Banks Commercial-Bank Cashpooling The Airbus Way Page 26 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 payment-chains LIA 3rd USD REC 3rd USD Payment-Run LIA IC USD REC IC USD 19230601 19233000 Bank-Statement Commercial-Banks 1200100 1200100 Bank-Statement Intercompany- Bank (EADS USD) 11844400 11844400 Commercial-Bank Cashpooling Bank-Statement Intercompany- Bank (EADS USD) 19212505 19212505 Zero Balancing 11610005 11610005 11610005 11610005 11610000 11610000 11610000 11610000 Bank-Statement Intercompany- Bank (EADS EUR) 19212100 19212100 19212100 19212100 The Airbus Way Page 27 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 Allocation Masterdata and customizing Movement-data The Airbus Way Page 28 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in SAP R/3 Reporting The Airbus Way Page 29 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Agenda Welcome to the world of Airbus Objectives of Treasury-Reporting Airbus Company-Presentation SAP-R/3: TR-CM Liquidity-Forecasting SAP-R/3: TR-CM Financial Status SAP-R/3: Liquidity-Planner SAP-BW: Reporting The Airbus Way Page 30 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Back-tracking of document chain Cash-Flows (inflows/outflows) payment Document (customer/vendor) Invoice (G/L-account) Document line items (cost-accounting-object, Classification) Dividing levels of Liquidity-Planner FI-document for the bank-statement (BTC-Code) Dividing levels of AGE-solution The Airbus Way Page 31 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Reporting requirements of controlling The Airbus Way Page 32 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Liquidity Planner in BW Reporting TR-CM Liquidity Forecast Cash Positions Blocked Invoices R/3 Actual Cash Analyses Liquidity Planner R/3 Actual Cash Analyses 8-Week-Forecast Combi BW Extractor: Master-Data -PreReques -P/Os -Invoices -Supplier -Vendor -G/L-Account -Assets -HMGs -CPN/PSP -Function-View -... Grouping -Disposition-Group -Cash-Position -Translation Modification -Cash-Calendar -Data recall facility (CO and Doc. Chain) Movement-Data The Airbus Way Page 33 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . Thank you for your attention Please visit www.airbus.com for more information Beate Werner MBA University of Wales Airbus Operations GmbH Financial Management Information and Treasury Support Germany E-mail: beate.werner@airbus.com The Airbus Way Page 34 A I R B U S
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p r o p r i e t a r y d o c u m e n t . Time Schedule The Airbus Way Page 35 A I R B U S
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C o n f i d e n t i a l
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p r o p r i e t a r y d o c u m e n t . AIRBUS S.A.S. All rights reserved. Confidential and proprietary document. This document and all information contained herein is the sole property of AIRBUS S.A.S.. No intellectual property rights are granted by the delivery of this document or the disclosure of its content. This document shall not be reproduced or disclosed to a third party without the express written consent of AIRBUS S.A.S. This document and its content shall not be used for any purpose other than that for which it is supplied. The statements made herein do not constitute an offer. They are based on the mentioned assumptions and are expressed in good faith. Where the supporting grounds for these statements are not shown, AIRBUS S.A.S. will be pleased to explain the basis thereof. AIRBUS, its logo, A300, A310, A318, A319, A320, A321, A330, A340, A350, A380, A400M are registered trademarks.