? 2005 ???? Boston Consulting Group ?????? ?????? ?????????????? ????? ?????? ????? ? ?????????? ???????????? ?? ???????? ????????????? ??????????? ?????? ??? ????????????? ?? - PowerPoint PPT Presentation

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Title:

? 2005 ???? Boston Consulting Group ?????? ?????? ?????????????? ????? ?????? ????? ? ?????????? ???????????? ?? ???????? ????????????? ??????????? ?????? ??? ????????????? ??

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... Skidmore, Owings & Merrill (Canary Wharf, ... – PowerPoint PPT presentation

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Transcript and Presenter's Notes

Title: ? 2005 ???? Boston Consulting Group ?????? ?????? ?????????????? ????? ?????? ????? ? ?????????? ???????????? ?? ???????? ????????????? ??????????? ?????? ??? ????????????? ??


1
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2
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  • ? 2005 ???? Boston Consulting Group ?????? ??????
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3
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4
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5
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6
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7
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8
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  • ?????? ????? ?? ???????? ?????????? 27 ???????
    2007 ????
  • ? ?????? ???? 2008 ?. ?????? ??????????? ????????
    ??? ???? ? ????????????? ???????? ?????
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    12,5

9
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?????? ????? ?????? ????? ?????? ????? ?????? ???????? ?????? ????? ?????? ???????? ?????? ????? ?????? ???????? ?????? ?????
1 ????????? (Blue chips) 2 ????????? (Mid cap) 3 ????????? (Start-up) ????????? ?????? ????? ? ??????????? ??????? ????????? ?????? ????? ??? ??????????? ?????? ????????? ?????? ????? ??? ??????????? ??????
1 ????????? (Blue chips) 2 ????????? (Mid cap) 3 ????????? (Start-up) ????????? ?????? ????? ? ??????????? ??????? 1 ???????????? 2 ????????????
?????? ?????? ????? ?????????????? ?????? ?????? ?????? ????? ????????????? ?????????? ??????????? ?????? ???. ?????? ????? ?????? ??????????? ?????? ????? ?????? ???????????? ????????
10
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  (blue ?hips) (mid-?ap) (start up)
??????????????? ??????????? ?? ????? 3 ??? ?? ????? 2 ??? -
???????? ?????????? ?????????? IFRS / GAAP IFRS / GAAP IFRS / GAAP
????? ??????? ??????????????? ???????????????? ??????????? ????????????? ? ??????? ??? ???? ??????? ??????????????? ???????????????? ??????????? ????????????? ? ??????? ??? ???? ??????? ??????????????? ???????????????? ??????????? ????????????? ? ??????? ??? ????
?????????? ?????????? 3 ???? 2 ???? 1 ??? ??? ?? ????????? ????
??????????? ??????? 8 560 ???. ??? 171 ???. ??? 51 ???. ???
????????????? 8 560 ???..??? ????? 6 ??????? ????? ???????? 171 ???. ??? ????? 6 ??????? ????? ???????? -
?????? ??????? 85,6 ???.??? ?? ?????? ?? 3-? ????????? ??? ?? ?????? ?? 2-? ????????? ??? ?????? ???? ????????????? -
?????????? ????? ? ????????? ????????? (free float) ? ???? ???????? ?????? 10- ?? ????????? 6-?? ??????? 5- ?? ????????? 6-?? ??????? -
?????????? ????? ? ????????? ????????? (free float) ? ???? ???????? ?????? 15 - ?? ????????? 1 ???? 10 - ?? ????????? 1 ???? -
?????????? ????? ? ????????? ????????? (free float) ? ???? ???????? ?????? 25 - ?? ????????? 2-? ??? 15- ?? ????????? 2-? ??? -
?????? ?????????????? ??????????
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??? ??????????????? ???????????, ?????????? ??
free float ?????????? ?? 1 ????????? 5 - ??
????????? 6-?? ??????? ? 10 - ?? ????????? 1
????, ?? 2-?? ????????? 5 - ?? ????????? 6-??
???????.
11
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  ???????? ?????? ??????, ? ??? ????? ?????????? SPV ??????????????????? ???????? ?????? ?????? ?????????? ??? 1 ???????????? 2 ???????????? 2 ????????????
  ???????? ?????? ??????, ? ??? ????? ?????????? SPV ??????????????????? ???????? ?????? ?????? ?????????? ??? 1 ????????????   ???????????????? ?????? ??????
??????????? ?????? - - -
???????? ?????????? ?????????? IFRS / GAAP IFRS / GAAP IFRS / GAAP IFRS / GAAP IFRS / GAAP
????? ???????, ??????????????? ???????????????? ???????????, ????????????? ? ??????? ??? ???? ???????, ??????????????? ???????????????? ???????????, ????????????? ? ??????? ??? ???? ???????, ??????????????? ???????????????? ???????????, ????????????? ? ??????? ??? ???? ???????, ??????????????? ???????????????? ???????????, ????????????? ? ??????? ??? ???? ???????, ??????????????? ???????????????? ???????????, ????????????? ? ??????? ??? ????
?????????? ?????????? ?? ????? ??? ?? 2 ???? (??? SPV ??????????? ? ???????) - ?? ????? ??? ?? 2 ???? ?? ????? ??? ?? 1 ??? -
?????? ?????????????? ?????????? -
?????? ??????
??????????????? ??????????? 2 ???? - 2 ???? 1 ??? -
??????????? ??????? - - 2 050 ???.??? 3,4 ???. ??? -
????? ?????? - - 2 050 ???.??? 3,4 ???. ??? -
?????? ??????? - - 85,6 ???.??? ?? ?????? ?? 2-? ??? 340 ???. ??? ?? ????????? ??? -
12
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13
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14
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15
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16
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17
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??????????????? ?????? ?????????? ????????
Skidmore, Owings Merrill (Canary Wharf, NY
World Trade Centre ? etc.)
18
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19
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