STUDIES ON THE ECONOMIC RESULTS OF SOME MEAT PROCESSORS WHO HAVE ACCESSED NON-REFUNDABLE FUNDS IN THE OLTENIA REGION, ROMANIA

The importance of knowing the financial indicators of companies in the field of meat processing, is to know their evolution and compare them with those of previous financial years, which gives the company management the opportunity to make economic and financial analysis that will have an impact on...

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Bibliographic Details
Main Authors: Daniel Valeriu ULIU, Marius VLADU
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2021-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.21_1/Art88.pdf
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Summary:The importance of knowing the financial indicators of companies in the field of meat processing, is to know their evolution and compare them with those of previous financial years, which gives the company management the opportunity to make economic and financial analysis that will have an impact on decision making. The purpose of this paper is to analyze these indicators from the annual financial statements from the period before accessing the non-reimbursable funds, but also from the monitoring period of these companies. At MATRA SRL the net asset had a constant increase in this analysis period, in 2015 it had the value of RON 9,453,864 and in 2019 it reaches the highest value of RON 11,810,270. At TELDOTRANS SRL the net asset had an increase throughout the analysis period, in 2015 it had the lowest value of 709,135 RON and had a constant increase until 2018, where it reached the value of 2,407,842 RON, after this year the value of this index increased considerably, reaching in 2019 the highest value of RON 6,303,358. At AVICARVIL SRL the net asset had a considerable increase in this analysis period, in 2015 it had the value of 58,319,684 RON, in 2016 it had the value of 61,953,476 RON, and in 2019 it reached the highest value of 86,630,011 RON , which highlights that the financial situation at the enterprise level is very good, being the consequence of reinvesting part of the net profit, but also due to accessing non-reimbursable funds in 2016 and 2019.
ISSN:2284-7995
2285-3952