Contents: financial statements overview; the income statement-revenues; income statement-expenses; the asset side of the balance sheet; the liability & euity side of the balance sheet; the cash flow statement; interpreting the financials; what can we learn about a company?; introduction to valuation; the use of comparables; calculating the return on capital; the cost of debt; the cost of equity; the weighted average cost of capital; valuting the company; refinements of the discounted cash flow method and methods derived from it; creating value by acquisition; a map for value creation.