Beruflich Dokumente
Kultur Dokumente
Mobex SpA-Italy
1st
Overdraft
Two-quarter local loan
One-quarter Eurodollar loan*
Two-quarter Eurodollar loan*
Export financing
Limit
Cost
2.0
2.5
2.0
2.0
-
14%
12%
10%
10%
-
Mobex AG-Germany
2nd
Loan
Cost
1.08%
0.76%
1.10%
1.10%
Limit
Cost
2.0
2.5
2.0
2.0
-
15%
12%
12%
10%
Loan
Cost
1.23%
0.76%
1.40%
1.10%
1st
Limit
Cost
3.0
1.5
3.0
3.0
2.0
8%
8%
10%
10%
7%
Forward Discount
One-quarter forward premium (discount)
One-quarter forward premium (discount)
Expected exchange rate changes
6%
1.86%
1.87%
1.71%
1.71%
1.72%
2nd
Limit
Cost
3.0
1.5
3.0
3.0
2.0
10%
8%
12%
10%
8%
Loan Cost
1.88%
1.61%
1.88%
1.60%
1.61%
1st
Limit
Cost
3.0
2.0
2.0
2.0
1.0
11%
12%
10%
10%
9%
Loan
Cost
1.79%
1.95%
1.63%
1.63%
1.46%
2nd
Limit
Cost
3.0
2.0
2.0
2.0
0.5
12%
12%
12%
10%
10%
Forward Premium
6%
10%
-1%
-1%
Loan
Cost
Mobex Suisse-Switzerland
2.5%
2.5%
2%
0.50%
0.75%
0%
0%
0%
0%
0%
0%
Funding allocation
Italy
Germany
1st Q
Financing needs
Financing source
Overdraft
Two-quarter local loan
One-quarter Eurodollar loan*
Two-quarter Eurodollar loan*
Export financing
2nd Q
3.5
1
2.5
2.5
Switzerland
1st Q
2nd Q
1st Q
2nd Q
5.5
4.5
3
1.5
0.5
2.5
1
1.5
1
2
2
2
2
0.5
Loan
Cost
1.95%
1.95%
1.95%
1.63%
1.63%
Financing needs
Exposure
Tax rate
Exposed
1.0
3.5
1.0
2.0
2.0
3.5
10.0 $
1.5
1.5
0.5
2nd
2.5
2.0
6.5 $
Not
Exposed
4.5 $
1.5
0.5
3.5
5.5 $
1.5
0.5
2.0 $
3.5
Total
Exposed
1.0
4.0
1.0
3.5
2.5
3.5
11.0 $
2.0
1.5
1.0
2.5
2.0
4.5 $
2.5
2.0
7.0 $
0.5
6.5 $
0.5
3.5
4.5
1.5
0.5
0.5
2.0 $
2.5
2.0
5.0
4.0
2.5
40%
Not
Exposed
4.5
40%
Mobex AG - Germany
1st
Total
Exposed
1.5
4.0
1.5
2.0
3.0
4.0
12.5 $
1.0
2.0
2nd
3.0
2.5
7.5 $
Not
Exposed
4.5 $
2.0
2.0
4.0
8.0 $
Total
Exposed
2.0
4.5
2.0
2.5
3.0
4.0
13.5 $
1.5
1.5
0.5
0.5
2.0
1.5 $
3.0
2.5
6.0 $
3.0
2.5
8.0 $
5.0
1st
6.0 $
2.0
1.5
4.0
7.5 $
0.5
2.0
2.5 $
5.5
3.0
45%
Not
Exposed
Total
Exposed
1.5
3.0
1.5
2.5
2.5
3.5
10.5 $
0.5
0.5
1.5
3.0
2.5
5.5 $
2.0
2.0
6.0 $
4.5 $
0.5
2.0
3.5
6.0
0.5
1.5
2.0 $
4.5
3.5
45%
Not
Exposed
2.5
35%
2.0
2.0
4.0
Exposed
1.5
3.0
1.5
2.5
3.0
3.5
11.0 $
1.0
0.5
1.5
2.0
2.0
6.0 $
Not
Exposed
5.0 $
0.5
2.0
3.5
6.0
0.5
1.5
2.0 $
5.0
3.0
35%
2.0
2.0
4.0
Mobex Spa
1st
2nd
$ 3.50 $ 4.00
2.5
Affiliate Quarter
Mobex AG
1st
2nd
$ 5.00 $ 5.50
Mobex Suisse
1st
$ 4.50
2.5
1.5
1.0
2.0
1.0
3.0
3.5
1.5
4.0
2.0
5.0
1.0
5.5
0.5
2.0
2.0
4.5
2.5
4.5
3.0
3.5
2.5
2.0
0.5
2.0
2.5
5.0
-2.0
5.5
-2.0
1.0
1.5
Mobex Suisse
2nd
$ 5.00
0.5
2.5
2.0
5.0
3.0
1.0
2.0
Mobex SpA
Mobex AG
Mobex Suisse
Tax
0.40
0.45
0.35
Subsidiary
A
B
0.5
DM
B
C
Holding
C
0.5
Franc
1
DM
1
DM
A
A
B
0.5
Lira
B
C
1
Franc
C
0.5
Franc
1
DM
1st
Lira
DM
Franc
Lira
DM
Franc
Lira
DM
Franc
2nd
-0.010
-0.010
0.075
0.050
0.000
0.000
1st
Lira
DM
Franc
-0.079
-0.010
0.086
0.050
0.010
-0.070
2nd
Lira
DM
Franc
-0.057
-0.010
0.061
0.050
0.010
-0.048