Ekonomické hodnocení efektivnosti reálné investice společnosti ArcelorMittal Ostrava, a.s.

Abstract

The aim of the diploma thesis is the economic valuation of the real investment and its subsequent post-audit. The investment project was implemented in 2010 at ArcelorMittal Ostrava a.s. The theoretical part contains the methodology of investment decision making. The classification of investment projects, sources of financing, parameters and evaluation criteria and risks associated with investment decision-making are defined here. The conclusion of the theoretical part is focused on the post-audit, in which an analysis of the deviations is described. At the beginning, of the practical part the company ArcelorMittal Ostrava a.s. is introduced and the investment called Blue Camel is charakterized. There is also an evaluation of the investment project in the pre-investing phase, which was carried out by the company. Subsequently, the input parameters are adjusted, from which the evaluation criteria of the investment project are again calculated. Then the actual values of the input parameters and the values of the efficiency criteria are described. In addition, an analysis of deviations of planned and actual NPV values in the period 2010 - 2023 by pyramidal decomposition was made, in which the deviations were quantified using the functional method. Within the post-audit, an analysis of the sensitivity of the NPV indicator and the net profit indicator is performed. At the end of the practical part is a summary of the economic evaluation of the investment project.