Managing capital - Ernst & Young - Romania

Restructuring capital lines can give you the liquidity you need to fund current operations — and the flexibility to capitalize on future growth opportunities or rationalize an unwieldy capital structure.

Ernst & Young can help you manage the capital of your business more effectively by:

• Assessing the current and longer term cash flow performance of your business and determining financing requirements
• Developing a tax-efficient financial strategy aligned with your business and operating strategies
• Building a communications program that helps you position your business with various investor constituencies

Our Capital Management Services include:

Corporate restructuring: we help companies and investors improve their total expected return in times of transformation and deteriorating performance and growth. We support you in managing work-out or turn-around processes and in allocating capital and investment — evaluating your business plans objectively. Drawing on our deep insights, we devise strategies to work out vendor financing defaults and to comply with bankruptcy and other requirements.

Working capital management: we help you improve cash flows and release value in current capital accounts (receivables, payables, inventories) thereby improving overall liquidity and offering effective strategies for managing credit lines.

Capital markets: we give you advice on private equity financing, capital sourcing and personal tax planning. We work with you to develop optimal and flexible debt and equity capital structures and competitive financing programs. We analyze the choices, present you with the alternatives and offer recommendations.