could you heip me the last part of the question which about the relationship, and the powerpoint, i need some reference and explanation. thank you!

CASE STUDIES IN FINANCE (FIN3CSF) - SEMESTER 2, 2017 CASE STUDY 2 - COMPANY FINANCIAL POLICY DECISION-MAKING Your current role is the Manager of the Finance Division of Fortescue Metals Group Limited, and you report directly to the Chief Financial Officer (CFO) of the company. The CFO has requested you to attend a strategic retreat being held by the company to present to the Senior Leadership Group, including the Chief Executive Officer (CEO) and the Board of Directors, on the current financial policy platform of the company, the nature of the linkage or association between these policies adopted by the company, and how they integrate to influence the operating and share performance outcomes for Fortescue Metals Group Limited. Fortescue Metals Group Limited (FMG) is a leading iron ore production and exploration company which operates in the Pilbara region of northern Western Australia. The company is the fourth-largest listed resources company in Australia, behind BHP Billiton Limited, Rio Tinto Limited and Woodside Petroleum Limited, and the largest pure-play iron ore mining company listed in Australia. The company currently has two primary production sites in operation, namely the Chichester Hub located in the Chichester Ranges in the Pilbara region comprising the Cloudbreak and Christmas Creek mining projects, and the Solomon Hub, which is located 120 kilometres west of the Chichester Hub and comprises the Firetail and Kings Valley mines. The company's current operational objective is to achieve iron ore production of at least 155 million tonnes per annum (Mtpa), and it has undertaken an aggressive expansion program in the last decade in pursuit of this objective. The iron ore produced by the company's mining operations is transported to their port facilities at Port Hedland and is shipped for spot market or futures contract trading in a number of overseas locations, but predominantly China. The follow table provides a summary of financial and structural information for Fortescue Metals Group Limited for their recent June 30th year ends (All figures, except for per share, issued capital and percentage statistics, are expressed in A$Million): Key indicators No. of issued shares (Mill.) Market capitalisation Share price ($) Price/Earnings ratio (times) Earnings per share ($) Dividends per share ($) Dividend payout ratio (%) Trading Information Iron ore processed (wet metric tonnes) Iron ore shipped (wet metric tonnes) Iron ore price (US$ per Mt) 2012 2013 2014 2015 2016 3,113.798 15,257.610 4.900 11.086 0.442 0.080 18.100 3,113.798 9,465.946 3.040 5.704 0.533 0.100 18.762 3,113.798 13,545.021 4.350 4.657 0.934 0.200 21.413 3,113.798 5,947.354 1.910 14.470 0.132 0.050 37.879 3,113.798 10,897.023 3.500 8.216 0.426 0.150 35.211 53.900 76.100 126.000 153.600 167.600 57.500 80.900 124.200 165.400 169.400 134.62 114.82 96.26 61.84 52.34 Total revenue Operating expenses Earnings before interest and taxes (EBIT) Profit before tax Net profit after tax before abnormals Net profit after tax after abnormals Net interest expense Income tax expense Net operating cash flows Return on total assets (%) Return on equity (%) Structural information Cash and cash equivalents Current assets Property,plant&equipment Total assets Current liabilities Long-term debt Total liabilities Share capital Retained earnings Total shareholders' equity Long-term debt to Total assets (%) Total liabilities to shareholders' equity (%) 6,558.728 3,766.068 2,563.045 8,686.792 5,459.838 3,032.884 12,325.902 6,649.681 4,918.259 10,924.479 8,069.010 1,365.885 9,354.969 5,428.225 2,702.666 2,067.510 1,376.704 2,436.657 1,660.377 4,153.928 2,908.704 546.875 411.458 1,823.323 1,326.420 1,529.781 1,882.479 2,908.704 411.458 1,326.420 495.535 690.805 2,755.372 9.314 37.294 596.226 776.280 3,238.814 7.380 29.117 764.331 1,245.223 6,632.696 12.074 36.133 819.010 135.417 2,652.344 1.479 4.193 879.342 496.903 4,070.832 5.094 11.718 2,299.087 3,581.592 10,869.394 14,780.689 2,096.948 8,063.978 11,089.196 1,268.767 2,382.494 3,691.492 54.558 2,326.685 3,948.248 18,215.633 22,498.113 1,524.528 13,461.995 16,795.687 1,391.914 4,359.030 5,702.526 59.836 2,545.648 4,752.654 18,746.346 24,091.295 3,471.338 9,981.953 16,041.401 1,368.365 6,593.418 8,049.894 41.434 3,100.260 4,595.052 22,084.635 27,812.500 2,197.917 12,257.813 17,998.700 1,684.896 8,052.083 9,813.802 44.073 2,131.699 3,262.860 21,673.848 26,039.590 2,200.377 8,992.728 14,719.903 1,751.953 9,504.444 11,319.688 34.535 300.399 294.531 199.275 183.402 130.038 Further detailed overall summary, structure, financing and performance information can be obtained from the 2016 Annual Report document for Fortescue Metals Group Limited, which is available from the subject LMS site. Prior year annual report documents and other filings and announcement information relating to the company can be obtained from the Fortescue Metals Group Limited web-site (www.fmgl.com.au) or from the DatAnalysis Premium database available through the Databases link on the University Library web-site. Other relevant information relating to Fortescue Metals Group Limited or the wider corporate sector is as follows: Assume this analysis is being undertaken as at Monday 10th July 2017. Fortescue Metals Group Limited's share price on Monday 10th July 2017 is $5.09 per share, and there are 3,113.798 million issued ordinary shares on this date. Fortescue Metals Group Limited is part of the Materials Sector based on the Global Industry Classification Standards (GICS), and its GICS Industry is Metals and Mining. Fortescue Metals Group Limited's beta coefficient on July 10th 2017 is 0.89, compared to the beta coefficient for the overall industry of 1.04. The 5-year and 10-year Australian Government Bond yields are 2.258% and 2.784%, respectively, on July 10th 2017. The 1-year London Interbank Offered Rates (LIBOR) on June 30th 2016 and July 10th 2017 were 1.2302% and 1.465%, respectively. The S&P/ASX 200 Accumulation Index, including dividend and franking credit components, has provided an average annual return of 8.668% over the most-recent fiveyear calendar period to July 10th 2017. The Australian dollar to US dollar (AUD/USD) exchange rates on June 30th 2016 and July 10th 2017 were 0.7782 and 0.7602, respectively. Fortescue Metals Group Limited is subject to a corporate tax rate of 30%. Required: The CFO has requested you to submit two documents in preparation for the strategic retreat - 1) a PowerPoint presentation that will be presented at the retreat and 2) a Background Analytical Report providing supporting calculation and analysis information. The presentation, prepared employing information from the annual report documentation and any other documentation or sources of information considered to be relevant, is required to identify and outline the following aspects of Fortescue Metals Group Limited's current policy platform and operational activities and performance: The nature of the firm's working capital management policies. Focus should be on overall current asset investment and financing policies, rather than the company's adoption of policies relating to specific current asset categories, such as inventories or receivables. The determination of the costs of the various sources of costly or interest-bearing financing employed by the firm and, from this, the firm's overall weighted average cost of capital (WACC). The nature of the firm's capital structure determination policy, including identification of specific policy adoption or usage if relevant, whether the firm appears to have target or optimal capital structure ratios, and the determinants of the firm's capital structure choice. The nature of the firm's earnings distribution policy, including the type of dividend policy employed if relevant, whether the firm has a target dividend policy or payout ratio, and the influence of taxation or other relevant elements associated with the firm's overall earnings management and distribution practices. The nature of any association or relationship between these various corporate financing policies employed by the firm, and how this may relate to Fortescue Metals Group Limited's share and/or accounting performance outcomes, and any other key drivers of the firm's performance outcomes. These presentation documents should be submitted to the CFO by 6.00pm on August 28th 2017, via the FIN3CSF subject LMS site. This case study will represent 20% of the final assessment for this subject. This case study can be submitted either individually or in a group with up to a maximum of four members. The maximum word limit, excluding any figures and calculations is the equivalent of 500 words per team member, so a case study completed by a team of 4 should be a maximum of 2,000 words. The PowerPoint presentation and background documents should be prepared in a professional manner, be informative and interpretable by an audience with reasonable general finance knowledge, and reflect creativity and thought about the most appropriate way to present the information. The PowerPoint presentation should be a maximum of 15-20 slides. The Background Report should provide supporting calculation and analytical information, including any assumptions made, to expand on the information and conclusions provided in the presentation