The Company builds and maintains a network infrastructure capable of providing high-speed internet connectivity to consumers and businesses. This work involves high investments. As the Company had exceeded the investment budget it initially prepared, the Company was requested by its financiers to have the cash flow forecast validated by an independent party.
Beaufort validated the Company’s business model and analysed the historical results, looking in particular at the investments and the (reasons for) exceeding the investment budget. Partly based on these analyses, the cash flow forecast was subsequently validated and alternative scenarios were calculated. With the report prepared by Beaufort, more insight was gained into the expected liquidity development of the Company, its cash flows, and the most important conditions to realise those cash flows.
