全面的EVA计算手册（英文版）.doc38

Table of Contents

General Concept
I.Introduction………………………………………1
   1.EVA is a management tool that measures true economic profit………………1
   2.EVA can be integrated in all key processes………………………………………1
   3.Decision-making based on EVA………………………………………2
II.Decision-making with EVA………………………………………3
 A.How to build up EVA on operating unit level………………………………………3
   1.Overview………………………………………3
   2.NOPAT (Net operating profit after tax)………………………………………3
   3.Invested capital………………………………………4
   4.Cost of capital………………………………………6
   5.Focus on Delta EVA………………………………………7
 B.How to build up EVA on the Group and SBU level………………………………………8
 C.Use of EVA in the XY management system………………………………………9
   1.Management reporting………………………………………9
   2.Capital expenditures………………………………………10
   3.Portfolio analysis………………………………………11

Details of the EVA Calculation
III. Appendix

..............................