Invest for Excel 3.5, DataPartner
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Compilation 3.5.012
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- Macro digital signature has been updated. The new signature
  is valid until August 11, 2012.


Compilation 3.5.011
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- Email activation has been added.


Compilation 3.5.010
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- When Excel menus were active in Excel 2007, the Invest ribbon
  menu was shown in English no matter what language was chosen as
  Invest for Excel program language. This issue has been fixed.

- The change in interest-free short-term liabilities was not shown
  for history columns in the cash flow analysis. This issue, which
  had no impact on the result of the calculation, has been fixed.


Compilation 3.5.009
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- Consolidating files on yearly basis did not include all periods
  when the financial year did not end in december. This issue has 
  been fixed.


Compilation 3.5.008
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- Residual column entries were not included in the calculation of
  Internal Rate of Return to equity. This issue has been fixed.

- The last amortization of a loan were not passed on to the Total
  sheets and the calculation file in some cases. This issue has
  been fixed.


Compilation 3.5.007
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- Russian language improvements.

- Hiding and unhiding the goodwill calculation in a Corporate 
  acquisition/valuation file could cause Excel 2007 to crash. This
  issue has been fixed.


Compilation 3.5.006
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- Consolidating with a custom template that contains specification
  rows could cause buttons to be moved on the Calculations sheet
  Excel 2007 is used. This problem has been fixed.

- Switching to Perpetuity from Residual column could cause #Value
  errors in Result sheet formulas when variable discount was used. 
  This problem has been fixed.


Compilation 3.5.005
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- A few text changes.


Compilation 3.5.004
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- Excel 2007 supported.


Compilation 3.5.003
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  NEW FEATURES
  ------------

- Simple payback added to Profitability Analysis on Result sheet.
  Simple payback is based on undiscounted cash flows and should
  only be used as additional information to discounted Payback. 
  Simple payback is hidden by default.


Compilation 3.5.002
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  NEW FEATURES
  ------------

- Realization profits and losses of assets in Investment table are
  included in Operating profit and Net operating profit after tax. 


  BUG FIXES
  ---------

- Language related issues fixed. 

- Locking/unlocking of Key financials in investment file did not 
  affect all Key financials table cells. This problem has been fixed.

- FCFE perpetuity base value could not be changed to entered value.
  This problem has been fixed.

- Investment group headers disappeared when detail level was changed.
  This problem has been fixed.

- Opening balance net assets were not calculated when financial year
  end month was 1 to 9. This problem has been fixed.


Compilation 3.5.001
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  NEW FEATURES
  ------------

- The Excel 2007 ribbon menu is modified to include Invest for Excel 
  commands.

- Russian language has been added to program files and version 3.5 
  templates.

- 15 rows have been added to Key financials table.

- The definition of the Profitability Index has been changed so that
  only proposed investments are included in the investment part of 
  the formula.

- Enterprise edition now includes a break-down of free cash flow to 
  Free cash flow to firm (FCFF) and Free cash flow to equity (FCFE).

- DCVA-based IRR (IRRd), MIRR (MIRRd) and Payback have been added 
  to Profitability analysis.

- Depreciation options defined for one asset can easily be applied 
  to multiple investments.

- Perpetuity can be restricted to an extrapolation period of 1-100 
  years in addition to a perpetual period.

- Part of the financing costs in a Financing file can be capitalized 
  on an investment asset and depreciated in the Income statement 
  according to the depreciation plan of the asset.

- Profitability comparison row texts can be edited in all available
  languages.

- New digital signature is to the program code.


  BUG FIXES
  ---------

- The value in use would return a Name# in a version 2.15 investment 
  file after changing calculation term to more than 20 periods. This 
  problem has been fixed.

- Interest bearing net debt of acquired company was not taken into
  account in the entered alternative analysis results of the 
  "Discount factor's impact on profitability" analysis. This problem
  has been fixed.

- When a consolidated file was saved as snapshot, all information on
  worksheets after and including Analysis sheet was put on the same
  sheet. This problem has been fixed.