presentation to the western cape imfo by inca portfolio...
TRANSCRIPT
Prepared by
Inca Portfolio Managers
1 June 2015
Presentation to the Western Cape IMFO
by
INCA Portfolio Managers
Financial Advisors to the Municipal Sector
Prepared by Inca Portfolio Managers | Page 2
Who is INCA?• INCA Portfolio Managers is registered with the Financial Services
Board as a financial services provider
• We provide financial advisory services to the Municipal Sector, e.g.
• Independent Financial Viability Assessment • Long Term Financial Plan
Prepared by Inca Portfolio Managers | Page 3
IDP & Infrastructure Master Plans
Conversation with
Directorates
Economic & Demographic Perspective
Asset Register
Historic Financial Assessment
Model
Body of
Long Term Financial Plan
Knowledge
Long Term Financial Planning Process
Prepared by Inca Portfolio Managers | Page 4
Who is INCA?• INCA Portfolio Managers is registered with the Financial Services
Board as a financial services provider
• Providing financial advisory services to the Municipal Sector, e.g.
• Independent Financial Viability Assessment • Long Term Financial Plan
• Other services include:
• Cash management & Investment advice
• Adjudication of Financing Proposals
• Assessment of Fixed Asset Registers
• Assessment of Movable Assets [Office Automation]
• Drafting of Financial Policies
• Managing a loan portfolio for INCA
• Establishing a new debt fund accessible to Municipalities
NEW:Watch this
space
Prepared by Inca Portfolio Managers | Page 5
Why INCA?
• We believe that our success in the municipal sector relates to our services being:
• Affordable• Professional• Independent• Interactive
• We leverage off our experience as Lender to the sector
• We have a track record, especially in the Western Cape
Prepared by Inca Portfolio Managers | Page 6
Track Record
1. Bitou LM
2. Cape Agulhas LM
3. Drakenstein LM
4. Eden DM
5. George LM
6. Hessequa LM
7. Knysna LM
8. Mossel Bay LM
9. Overstrand LM
10. Theewaterskloof LM
11. Stellenbosch LM
12. West Coast DM
New Assignments:
1. Langeberg LM
2. Swellendam LM
3. Witzenberg LM
Prepared by Inca Portfolio Managers | Page 7
If the risk for the Municipality to generate its own revenue is a function of:
1.Economy as expressed by:
GVA / CapitaGVA Growth Rate p.a.
Tress Index
2.Household Ability to Pay as expressed by:
Unemployment RatePercentage Households in Equitable Share Bracket
Human Development Index
How do the Western Cape municipal regions perform?
Prepared by Inca Portfolio Managers | Page 8
0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
80.00
-1.00%-0.50%0.00%0.50%1.00%1.50%2.00%2.50%3.00%
Tre
ss In
dex
GVA Growth Rate
Matzikama Cederberg Bergrivier Saldanha Bay Swartland Witzenberg Drakenstein Stellenbosch Breede Valley Langeberg Theewaterskloof Overstrand Cape Agulhas Swellendam Kannaland Hessequa Mossel Bay George Oudtshoorn Bitou
Prince Albert
Cape Town
Matzikama
Swartland
Municipal Revenue Risk Indicator [MRRI]: Economic Module
Prepared by Inca Portfolio Managers | Page 9
Municipal Revenue Risk Indicator [MRRI]: Household Module
Household Module
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00%
% H
ho
lds
in E
qu
itab
le S
har
e B
rack
et
Unemployment Rate
Matzikama Cederberg Bergrivier Saldanha Bay Swartland Witzenberg Drakenstein Stellenbosch Breede Valley Langeberg Theewaterskloof Overstrand Cape Agulhas Swellendam Kannaland Hessequa Mossel Bay George Oudtshoorn Bitou
Bergrivier
Hessequa
Bitou
Prepared by Inca Portfolio Managers | Page 10
What excites us about the Western Cape Municipalities?
• Provincial Government supportive of financial planning
• A joy to work with generally well capacitated Municipalities
Prepared by Inca Portfolio Managers | Page 11
Invitation
For more information on the above services provided by INCA, we propose that you:
Invite IPM to your offices for a more detailed presentationº
Enquire about our services from your Colleaguesº
Send an e-mail to any of the following: That’s
me
Thank you
Tel: +27 [0]11 202 2201
Fax: +27 [0]11 202 2231
Unit F14, Pinewood Square
Pinewood Office Park
33 Riley Road
Woodmead