CFC Director Training

Agenda

CFC Statewide Workshop for Directors of the Louisiana Rural Electric Network

Location: Marriott Renaissance Pere Marquette

Wednesday, November 3 
1 p.m. Welcome and Housekeeping

1:15 p.m. Economic Update
Get an update on the latest economic trends including unemployment, GDP growth and
interest rates. John Suter, Vice President, Capital Markets Research & Analysis, CFC

2:15 p.m. Break

2:30 p.m. Understanding Financial Statements
This session will help directors better understand financial statements and be able to hone
in on key areas, such as the Statement of Operations and Balance Sheet. It will also increase
understanding of several important ratios such as Times Interest Earned Ratio (TIER) and
Equity to Assets. John Grant, Vice President, Events & Training, CFC

3:45 p.m. Break

4 p.m. Understanding Financial Statements (Continued)

5 p.m. Adjourn

5:30 p.m. Reception and Dinner Hosted by CFC

Thursday, November 4

7 a.m. Hot Breakfast Buffet

8 a.m. The Capital Markets and Electric Cooperatives
This session will provide an overview of CFC’s funding sources and access to the capital
markets including CFC’s interaction with the rating agencies and investors. In addition, the
session will also focus on certain hot topics and trends in the capital markets and the electric
cooperative industry.

9 a.m. Break

9:15 a.m. Industry Update
This session will provide an update on the major trends facing the electric utility industry
today, including developments in power markets and power supply, regulatory and market
trends, renewables and other emerging technologies that are re-shaping the traditional
relationship between electric utilities and their consumer-members.

10:30 a.m. Break

10:45 a.m. Electric Rates: New Approaches to Ratemaking
This session will focus on cost-based rates, decoupling, purchased power adjustments,
prepaid service and time-varying rates. Learn about the seven suggestions found in the
recent rate guide published by CFC and NRECA.

12 p.m. Adjourn – Box lunch hosted by CFC

Hotel Information

Baton Rouge Marriott
5500 Hilton Avenue
Baton Rouge, LA, 70808-2522
(225) 924-5000

Click here to make hotel reservations!

Registration