Velocity Auto Restore — Appendices
Supporting appendices — the glossary of terms, the selected data sources and the financial-model notes underpinning the Velocity Auto Restore business plan and financial model.
Section 18 · Business Plan
Appendices
Supporting appendices — the glossary of terms, the selected data sources and the financial-model notes underpinning the Velocity Auto Restore business plan and financial model.
Appendix A — Glossary of Terms
| Term | Definition |
|---|---|
| ADAS | Advanced Driver-Assistance Systems — sensors/cameras requiring calibration after repair |
| B-BBEE | Broad-Based Black Economic Empowerment |
| DSP | Digital Service Provider — insurer estimating/claims integration |
| EBITDA | Earnings Before Interest, Tax, Depreciation & Amortisation |
| eNaTIS | Electronic National Administration Traffic Information System (vehicle register) |
| IRR | Internal Rate of Return |
| merSETA | Manufacturing, Engineering & Related Services SETA (training authority) |
| naamsa | National Association of Automobile Manufacturers of South Africa |
| OEM | Original Equipment Manufacturer |
| PDR | Paintless Dent Repair |
| QCTO | Quality Council for Trades and Occupations |
| RMI | Retail Motor Industry Organisation |
| SAIA | South African Insurance Association |
| SAMBRA | South African Motor Body Repairers’ Association |
| SADC | Southern African Development Community |
Table A.1 — Glossary.
Appendix B — Selected Data Sources
The market and industry statistics in this plan are derived from
publicly available sources, including:
- Statistics South Africa — road-transport accident-death
reporting - eNaTIS / naamsa — vehicle registration and new-vehicle sales
data - South African Insurance Association (SAIA) —
insurance-penetration commentary - Retail Motor Industry Organisation (RMI) & SAMBRA — repairer
and skills data - Leading short-term insurers — repair-cost and write-off trend
commentary - Global market-research houses — collision-repair market
sizing
Note: all figures are indicative and should be
independently verified during due diligence. Forward-looking projections
are estimates and not guarantees of future performance.
Appendix C — Financial Model Notes
The three-statement model is built bottom-up and is internally
consistent: the balance sheet balances in every projected year and the
cash-flow statement reconciles to balance-sheet cash. The taxation line
incorporates the recognition of assessed-loss benefits and deferred tax
in the early, loss-making years, transitioning to a normal corporate-tax
charge at 27% as the group becomes profitable. Key sensitivities are set
out in Section 13.2. A full, editable spreadsheet model is available to
qualified investors under non-disclosure agreement as part of the
due-diligence data room.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Velocity Auto Restore Group (Pty) Ltd.