Self-financing rate

The self-financing rate is a financial indicator. However, it is not defined uniformly, but is used in different calculation methods in different areas:

Municipal finance

Self-financing of the total expenditure

In the area of ​​municipal finances , the self-financing quota (EFQ) is used in Austria and Switzerland to describe what percentage of the current expenditure of municipalities is covered by current income.

${\displaystyle {\text{Eigenfinanzierungsquote}}={\frac {\text{laufende Einnahmen des Verwaltungshaushalts + laufende Einnahmen des Vermögenshaushalts}}{\text{laufende Ausgaben des Verwaltungshaushalts + laufende Ausgaben des Vermögenshaushalts}}}}$

Self-financing of investments

Some authors define the self-financing ratio as the percentage at which the investments are covered from the cash flow.

${\displaystyle {\text{Eigenfinanzierungsquote}}={\frac {\text{Überschuss des Ertragshaushaltes + Abschreibungen + Erhöhung der Rückstellungen}}{\text{Ausgaben für Investitionen}}}}$

Cultural institutions

In the case of cultural institutions, the self-financing rate describes the percentage of expenses that are covered by ticket sales.

Differentiation from similar key figures

The self-financing rate is determined from flow variables . This distinguishes it from the equity ratio , which is calculated from balance sheet values ​​and thus stock sizes .

Individual evidence

1. ↑ Mag. Alexander Maimer: Analyzing and controlling municipal budgets with key figures - Conference “State and Municipal Finances ” ( Memento of the original from February 19, 2007 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , March 21, 2006, accessed June 8, 2014. 
2. ↑ Ranking of the Austrian municipalities
3. ↑ Wolfgang Hafner: Can the financial performance of a community be assessed using key figures? , in: Der Gemeindehaushalt, 1989, issue 12, p. 265ff.
4. ↑ Henning Röper: Handbuch Theatermanagement , 2006, Böhlau Verlag, ISBN 3-412-35405-8 . Page 556.