Analýza zdrojů financování reálné investice

Abstract

Determination of the optimal variant of financing is an essential part of decision-making in investment project. Corporate management is required to select the appropriate method of financing to maintain the Company's liquidity and its unimpaired financial stability. The aim of this thesis is the comparison of selected methods of financing real investment using the method of the discounted value of the expenditures and subsequent selection of the most suitable one from the assessed options of financing. The theoretical part describes the sources of financing, which are divided in terms of their origin, into internal and external. There is also a description of the most used methods for evaluation of investment projects, including the method of the discounted value of the expenditures which is used in the practical part. The practical part is focused on the description of a selected company and investment that the company decided to implement. The chapter is also devoted to the assessment of individual financing options, among which is included the financing by their own sources, bank loan and financial lease. In conclusion, there is given an overall comparison of the assessed options of the funding and the most suitable option is selected from them.