Analýza zdrojů financování dlouhodobého hmotného majetku

Abstract

The work is focused to evaluate sources of funding Long-Term Tangible assets using the net present value based on a discounted (current) expenditures who are decreased by tax savings related to various forms of financing. The theoretical part is focused on defining the various types of funding and highlights the advantages and disadvantages in case of using the resource. The part of chapter is a description of methods used to evaluate sources of financing Long-Term assets, primarily method the present value. In the following part is characterized by the company for which is analysis carried out, including a description of the investment. The content of the fourth chapter is the practical application of theoretical knowledge from the second chapters of this work. In the first part are calculated depreciation and discount factor, which is essential to determine present values of total expenditure. Ensue determination of discounted expenditures for variant financing from own resources, bank credit and finance leasing for various conditions. Part of the work is also evaluating of methods used ways financing project and recommendation the best advantageous variants for the company.