CFC s Financial Webinar Series How to Submit Your Question Step 1: Type in your Step 2: Click on the Send question here. button.

Transcription

1 CFC s Compass 3.0: Forecasting for the Future How to Submit Your Question Step 1: Type in your question here. Step 2: Click on the Send button.

2 CFC s Compass 3.0: Forecasting for the Future Level 5 Leaders face the brutal facts. Jim Collins As a result of this session you will be able to: List the steps in completing the CFC Compass 3.0 forecast. List the steps to import or export data to other programs. Describe the benefits of completing CFC Compass 3.0 for their cooperative. List the resources where they can get help with their CFC Compass 3.0 questions.

3 Polling Question Who do scientists believe invented the first magnetic compass? Chinese Vikings Olmec people of Mexico Columbus Irish monks Johnny Vaughn, Senior Electric Program Analyst How and Where do I get Compass?

4 New Website New Look New Place for Compass

5 Under Financial Tools we find Compass Under Financial Tools we find Compass

6

7 Here we can download Compass Here we can download Compass but we can also find Help! Look through the Technical Support First!

8 Look for answers to Your Questions Check Your Version of Compass IF NOT Version 3.0c Compass

9 Inputting Data Through Excel

10 Instead of inputting data directly into Compass you can use an Excel Template

11 Tips to get the Data CFC has all the CFC debt information you need in a format you need for Compass CFC has all the CFC debt information you need in a format you need for Compass

12 Do a right mouse click and highlight down the screen Highlight all the way to the end. Then select copy

13 In the Compass Template Select the Tab Blank Worksheet it is at the far right tab in the workbook Then do a paste and the data is in the Template Before we copy the data to where it belongs in the Template, we have to do a little work on getting the data in the right place

14 Delete the Column just to the right of our data Copy these three columns from the table Then copy the data again and this time we paste in where it goes

15 Copy and paste them in line with the other note information Do a paste Special and Values and the data is there

16 The other data needed from CFC is also now where we can copy and paste where it belongs in the Template To bring our Template data into Compass

17 Select your Template Name Then say OK Select Import to bring in one tab from the workbook or select Import / All Data to get it all

18 And the data is there Just make sure you rerun the forecast every time you change any number Just one more Tip on how to compare different scenarios Send the results of the first scenario out to Excel

19 Then insert 20 blank rows starting at cell A5

20 Copy and paste the results back into cell A% Again insert 20 blank rows starting at cell A5 Copy and paste the results back into cell A3 now have three copy of the results in the same spreadsheet

21 Subtract the second result from the first value

22 Make some changes in your template and reimport into Compass Send the results of the Second scenario out to Excel

23 Copy results into your Master Template Spreadsheet with the other results The bottom formulas will now show you the difference in Scenarios

24 Any Questions on The Other Stuff Sales Revenue Power Cost Expenses Margins Other stuff Future Years Up to 10 1 Operating Revenue and Patronage Capital 2 Power Production Expense 3 Cost of Purchased Power 4 Transmission Expense 5 Distribution Expense-Operation 6 Distribution Expense-Maintenance 7 Consumer Accounts Expense 8 Customer Service and Informational Expense 9 Sales Expense 10 Administrative and General Expense 11 Total Operation & Maintenance Expense (2 thru 10) 12 Depreciation and Amortization Expense 13 Tax Expense-Property & Gross Receipts 14 Tax Expense-Other 15 Interest on Long-Term Debt 16 Interest Charged to Construction - Credit 17 Interest Expense-Other 18 Other Deductions 19 Total Cost of Electric Service (11 thru 18) 20 Patronage Capital & Operating Margins 21 Non-Operating Margins-Interest 22 Allowance for Funds Used During Construction 23 Income/(Loss) from Equity Investments 24 Non-Operating Margins-Other 25 Generation and Transmission Capital Credits 26 Other Capital Credits and Patronage Dividends 27 Extraordinary Items 28 Patronage Capital or Margins (20 thru 27) Fill in the Blanks Now let s turn it over to our audience! How to Submit Your Question Step 1: Type in your question here. Step 2: Click on the Send button.

25 Please take a minute to complete the NRECA survey. If you are requesting CPE credits, this is a requirement. Events & Training Tab Look for the replay of this program early next week Mark Your Calendar For Our Next Events: December 14, 1 p.m. Eastern Time The Topic is Planning: A key to the future. December 6, 7 and 8, 1 p.m. Eastern Time The Topic is A discussion with CERA on the state of energy in America

26