Elementary financial analysis of the Forests of the Czech Republic, state enterprise
V. Kupčákhttps://doi.org/10.17221/4551-JFSCitation:Kupčák V. (2005): Elementary financial analysis of the Forests of the Czech Republic, state enterprise. J. For. Sci., 51: 127-140.
The basic feature of an economic reform of the forestry in the Czech Republic after 1990 was separation of supervision in the state forests from operating performance. The Forests of the Czech Republic, state enterprise, was charged with management and supervision, hence economic activities of the subject are provided on the basis of contracts by entrepreneurial units called contractors in the forestry. The purpose of the paper is economic analysis of the Forests of the Czech Republic, state enterprise, in the period 1998–2002. The objective is the construction and testing of an elementary method of financial analysis as well as outline of financial situation and development of the chosen subject generally. The paper contributes to branch economy analysis, common in agriculture and wood-processing industry.Keywords:
forestry; state forests; state enterprise; financial analysis