The role of the financing schedule in financial decision-making - a case study of the Electricity and Gas Distribution Directorate in M'Sila

Abstract

This study aimed to identify the financing schedule, its importance and objectives in interpreting the financial policies of the economic institution. The study concluded that the financing schedule has a major role in interpreting the policy of distributing profits, investment and financing. Through the financing schedule, it is possible to determine the investment needs in the short and long term and evaluate the risks and returns associated with each type of fixings before making any decisions regarding the acquisition of fixings. It also helps the institution in choosing the appropriate source of financing, and it also helps the management in developing future plans through the optimal use of available resources.