Financial Management Reports

Procedures and reports used to manage information and make decisions.

AUM Assets Under Management is the total value of all deployed and undeployed fund assets, excluding operating cash.

BUDGET Projection of the expected inflows and disbursements of a fund, project or enterprise, used and modified in an ongoing way as an operating management tool.

CASH BALANCE Current amount of cash on hand.

COLLECTION POLICY Policy describing the fund's approach to collecting past due debts and recovering losses from collateral liquidations.

COVENANT TRACKING Report tracking financial and impact covenants, which are legally binding agreements made between the fund and an enterprise regarding expected financial and impact performance.

CREDIT RATING REPORT Report assessing the probability of repayment for each investment in a portfolio, based on historical and projected data and judgment.

DEPLOYED ASSET REPORT Report describing each investment the fund has made, including investment type, outstanding balance, credit score and repayment timeline.

DURATION ANALYSIS Dollar-weighted average time of asset return and liability obligations.

EQUITY VALUATION Projection, typically created on an annual basis, that assigns value to the ownership of a for-profit enterprise. Used to determine whether equity investments have appreciated or been impaired.

FINANCIAL COVENANT GUIDELINES Policy providing guidance about which financial covenants should be included in final investment documents.

FINANCIAL REPORTING Series of financial statements in line with accounting principles as required by law (GAAP) and management decision-making needs.

FUND POSITION REPORT Report used to monitor the continued financial viability of a fund with respect to its past and future obligations and investments.

IMPACT COVENANT GUIDELINES Policy providing guidance about which impact covenants should be included in final investment documents.

IPS: DEPLOYED ASSETS Investment Policy Statement for the fund's stated goals and requirements for making investments, including expected risk, return, asset mix and special constraints.

IPS: UNDEPLOYED ASSETS Investment Policy Statement for the fund's stated goals and requirements for how to invest undeployed assets in alignment with return, risk, liquidity and other non-financial expectations.

PRO FORMA Forecast of financial prospects of a fund, project or enterprise, typically used for soliciting capital.

RESERVE MANAGEMENT POLICY Policy for the fund's stated goals and requirements for how to determine required and discretionary reserves relative to current and future expected bad debt.

UNDEPLOYED ASSET REPORT Report describing the interim investment program for the fund's undeployed assets, and comparison to the borrowing costs to raise those funds.

YIELD ANALYSIS Analysis that compares a fund's average yield of assets against the average costs of its liabilities.