Financial asset valuation for a Saudi broadcasting company

Brief

Our engagement by the client, was to provide tangible asset valuation services for insurance and regulatory reporting purposes.

Work

The scope of our work was to perform an independent appraisal and valuation of telecommunication tangible assets. This included identifying and assessing the associated facilities owned and operated by a telecommunication company. All of which was to ascertain their reinstatement values for insurance purposes.

Outcome

Hickman Shearer outputs included excel models providing deliverables with tangible assets and their respective costs, depreciation rates and fair values. Our valuation incorporated advanced modelling including powerpivot and macros which would enable the client to revise the values of their assets whether the replacement cost, the fair value and etc.

This was supplemented with a comprehensive report which detailed the valuation approach and steps taken.