ANALYTICS

A team of experienced expert analysts provides a full range of services for collecting and analyzing data for a comprehensive assessment of the financial and economic activities of an enterprise, assessing the value of a business and assets, assessing investment risks, identification of intra-corporate fraud and corruption, and also carries out the full range of work necessary to support projects related to the collection of distressed debts.



Comprehensive assessment of the situation:


- Assessment of the current business situation, existing risks and development prospects.
- Identifying the causes of the crisis and identifying the offenders.
- Development of scenarios for business recovery and capitalization growth.

Advantages:

 - Comprehensive in-depth analysis.
 - In-depth professional assessment and industry expert evaluation.
 - Individual approach in accordance with the Customer's request.

Forensic

  • Reveal and investigation of asset withdrawal schemes and other fraudulent activities, conflict of interests of stakeholders;
  • Identification of losses, their causes and consequences;
  • Establishment of the circle of guilty persons;
  • Financial examination;
  • Search and recovery of assets;
  • Collection and processing of evidence for use in private investigations or in court.

Verification of affiliation and integrity check

Comprehensive verification of the counterparty and its reputation for making management decisions
  • Identification of counterparties affiliated to the management and beneficiaries of the group during the investigation period;
  • Identification of counterparties with signs of fly-by-night companies;
  • Obtaining information about settlement accounts and the number of employees of counterparties that have signs of fly-by-night companies;
  • Obtaining data and analyzing cash flows on settlement accounts of counterparties that have signs of fly-by-night companies;
  • Conducting on-site inspections at the legal and/or actual address of the  counterparty to establish its real location and verify the availability  of necessary resources.

Identification and analysis of suspicious transactions

Identification of transactions aimed at the withdrawal of assets and funds concluded on non-market conditions, with unequal consideration, transactions with technical and affiliated companies
  • Identification of major transactions of the Group of Companies within the investigation period;
  •  Identification of transactions carried out in the interests of the Group's beneficiaries during the analyzed period;
  • Identification of transactions for the potential withdrawal of funds through various forms of investment / prepayment / granting of loans, etc.;
  • Revealing the facts of withdrawal / alienation of assets;
  • Detailed analysis and description of chains of operations with signs of withdrawal of funds, violations of contractual conditions (for example, intended use of a loan);
  • Analysis of individuals involved in transactions for their relationship with employees, management / beneficiaries of the Group of Companies and the presence in their relationship of signs of trust management of companies / ownership of assets;
  • Cross-section analysis of information on the operations of the Group of Companies between, information from the accounting system and loan-security documentation, protocols and regulations, in order to identify transactions that caused damage to the company and establish their beneficiaries, determine the amount of damage caused;
  • Drawing up a list of companies participating in such schemes, responsible employees and persons who made decisions on transactions;
  • Establishing signs of communication between participants in identified suspicious transactions, directions of cash flow withdrawn from the Group of Companies through the identified schemes, identifying the beneficiaries of companies participating in the identified schemes, etc.;
  • Consultations with experts in order to obtain detailed information on the chains of movement of funds within the identified beneficiary companies;
  • Conducting interviews with employees of the Group of Companies in order to obtain clarifying information and collect evidence on selected transactions;
  • Analysis of individual transactions for the validity of prices and other quantitative parameters;
  • Preparation of analytical materials for working with law enforcement agencies in terms of analyzing individuals and legal entities for the presence of elements of a crime in their actions, at the stage of initiating criminal cases.

Identification of information about the assets of legal enatities and individuals.

Identification of recoverable assets worldwide
  • Revealing information about the debtor's assets located on the territory of foreign states, in particular, using search engines, databases and other, including open sources of information;
  • Providing comprehensive and documented information about the discovered assets;
  • Consolidation and analysis of data on key business partners and possible conflicts, potential ties with authorities;
  • Conducting analytical work on the state of financial and economic activities, searching for information about funds on settlement accounts;
  • Expert judgment on the valuation of assets.

Financial Due Diligence

Collection of information about the company, comprehensive study of activities, including risk assessment, comprehensive audit of financial condition and market position

Analysis of financial and economic activities

  • Analysis of the composition of fixed assets (raw materials/materials, unfinished products, finished products), accounts receivable;
  • Long-term and short-term financial investments (composition, counterparties, terms of return on investments, profitability;
  • Determination of potentially irrecoverable accounts receivable and financial investments (debt of affiliated entities, fly-by-night companies);
  • Expert judgment on the fair carrying value of assets.
  • Loan portfolio analysis: long-term and short-term liabilities to banks and investors (debt amount, interest rates, maturity dates and schedules, collateral for obligations);
  • Analysis of the structure of accounts payable, including intra-group debt;
  • Identification of lenders affiliated to management and Beneficiaries;
  • Modeling of the forecasted register of creditors' claims for the Group;
  • Analytical work to identify the assets of guarantors;
  • Analysis of off-balance sheet liabilities (sureties, pledges, etc., provided as collateral for the obligations of companies);
  • Analysis of the structure of accounts payable, including intra-group debt, debt to affiliates and fly-by-night companies;
  • Analysis of loan-security documentation.
  • Analysis of industry markets.

Drawing up a corporate and debt structure

  • Determination of the full list of persons who were beneficiaries during the study period;
  • Plotting a chronological sequence of identified events (changes in the authorized capital);
  • Identification of the list of companies within the group during the investigation period;
  • Drawing up the ownership structure of the Group, as well as identifying the business interests of the beneficiaries and the Group's management;
  • Identification of the main companies engaged in production activities;
  • Identification of the main holders of assets (asset holders).

Cash flow analysis

The structure of proceeds and directions of spending of funds, the causes of the shortage of funds and the sources of its coverage
  • Determination of sources of receipt and directions of expenditure of funds;
  • Formation of the Cash Flow Budget in the context of the main cost items and counterparties;
  • Identification and analysis of suspicious transactions;
  • Analysis of the expenditure of loan funds, identification of misuse of loan funds;
  • Detailed analysis and description of chains of operations with signs of  withdrawal of funds, violations of contractual terms and conditions;
  • Drawing up a list of companies participating in such schemes, responsible employees and persons who made decisions on transactions.

Analysis of the structure and dynamics of income and expenses

  • Analysis of the structure of revenue and cost / proceeds and payments. Identification of proceeds and costs for affiliated and/or unreliable buyers and suppliers;
  • Analysis of the contract base, the volume of contracted proceeds for legal entities, projects and products, analysis of the amount of financing, completed and accepted work, the fact of payment;
  • Analysis of administrative, managerial and commercial expenses (economic feasibility, validity, marketability, identification of expenses for affiliated and/or unreliable counterparties);
  • Identification of the main suppliers, main buyers;
  • Consolidation of financial statements cleared of intra-group transactions;
  • Analysis of other income and expenses (economic feasibility, validity, marketability, identification of expenses for affiliated and/or unreliable counterparties, depending on the type of income/expenses);
  • Review of the operational and legal structure of the group, drawing up a scheme for the interaction of legal entities within the group and the compliance of legal entities with the services and products provided;
  • General analysis of the Group's performance based on financial statements and annual reports;
  • Expert findings on the manipulation of financial statements: expert judgment on the possible overestimation of the value of assets, overstatement of revenue, understatement of expenses, concealment of losses, etc., including due to intra-group transactions; judgment on the amount of distortion of financial statements (margin reduction, etc.) due to the manipulations performed.

Financial modeling

  • Forecasting cash flows and financial position dynamics;
  • Modeling and evaluation of various scenarios for the development of business assets;
  • Determination of optimal financing options;
  • Evaluation of investment projects;

Cost analysis of business and assets

Determining the value of a business, as well as key assets for making management decisions about the acquisition or sale of property. Calculation of the cost range under various scenarios. Determination of the fair value of assets and liabilities.

Analytical support in the procedure for collecting distressed debts

Analytical support for the collection of distressed debts is a range of services aimed at increasing the efficiency of collection of distressed debts. 
  • Monitoring and informing about external events and situations that are important for the collection of distressed debts;
  • Analysis of the register of current debts presented by the court-appointed receiver;
  • Monitoring of the situation on the recovery of receivables by the court-appointed receiver;
  • Analysis of information from open sources about the Debtor, which may affect the course of the bankruptcy case;
  • Monitoring of messages published on the website of the Unified Federal Register of Bankruptcy Information;
  • Analysis of the reports of the court-appointed receiver on the results of the observation procedure, on the course of bankruptcy proceedings, conclusions on the presence of signs of deliberate bankruptcy, on the financial condition of the debtor, on the existence of grounds for challenging transactions, on the possibility of restoring the debtor's solvency;
  • Analysis of the list of creditors' claims;
  • Modeling of the forecasted register of creditors' claims;
  • Preparation of information on the amount of claims of voting creditors,  the number and percentage of creditors' votes at creditors' meetings;
  • Preparation of information on the course of holding open tenders for the sale of assets in the framework of bankruptcy.

Analysis of the core tangible assets

Production sites, commercial real estate, etc.
  • Formation of the register of real estate, land plots belonging to the Group's companies;
  • Analysis of transactions on the disposal of the Group's assets;
  • Determining the market value of assets (including appraisers' reports) acquired or lost as a result of transactions.
  • Identification of restrictions/encumbrances of rights to a group of assets;
  • Drawing up a territorial map of a group of assets;

Revealing the deliberate bankruptcy

Establishing the circumstances that led to the loss of solvency. Analysis of the intended use of borrowed funds. Analysis of compliance of transactions and actions (inaction) of the debtor's management bodies with the applicable laws.  Revealing transactions concluded on terms that do not correspond to market conditions, which caused the occurrence or increase of insolvency and caused actual damage to the debtor. 
  • Analysis of the debtor's financial and economic activities
  • Establishment of the circumstances that led to the loss of solvency, and responsible persons;
  • Identification of potential transactions to be challenged in accordance with the Federal Bankruptcy law;
  • Analysis of data on pledged assets and changes in its structure;