North United Power Company Limited Funds Centralized Management Practice And Exploration

The fund is very important to the enterprises' survival and development, especially to the electrical power industry which is the fund-intensive and technology-intensive. Fund management of the electrical power industry is uniquely different from the other enterprises. As the most basic cell of the electrical power industry to operate and manage, fund is the most important factor for the enterprises to develop. It is the operators and financial worker's primary duty that how to manage and use the live fund in the market economy.This article takes the North Unites the Electric Power Limited Liability Company's fund centralized management pattern as an example, draws on the experience of the fund management theory, discusses the necessary of the fund management, the pattern which adopted in the north electric power company, the insuf(?)ciency of the present fund management and proposes the improvement.After the power plant and electric network company of the Mongolia electric power are separated, the north electric power company which is set up by four shareholders becomes a large-scale electric group company, the ultimate objective of the management is realizing maximization of the benefit of shareholders. The implementation of fund centralized management is advantageous to display the group scale superiority, maintain the circulation of fund smoothly, reduce the financial risk and creates much more profits. Facing the intense electric power market competition, fund centralized management of the north electric power company has obtained the quite good result, but limited by certain conditions, the movement of the fund centralized management doesn't achieve the conceived goal. This article emphasizes the degree of centralization in the fund centralized management, the consummation of the financial company and the suggestion of the information network construction of the north electric power company.This article wants to play the instruction role forthe general enterprise group that realizing the fund unification management, integrated management and so on financing, investment, financial analysis and financial information.