Analýza zdrojů financování dlouhodobého hmotného majetku

Abstract

The aim of the thesis is to describe, evaluate and choose the most suitable source for financing investment. A real investment which has already been carried out was chosen for this work and the aim is to compare the correctness of the company’s decision about the financing of the investments. The thesis is divided into three chapters besides the introduction and the conclusion. The first chapter focuses on the characteristics of the sources of financing for the company investments. The sources of financing will be divided into internal and external sources. Internal sources originate on the basis of the internal activity of the company and will include re-deductions, undistributed profit, reserves and reserve funds. With the external funds the capital is gained from out of company sources. External sources will include joint-stock capital, bonds, leasing, long term loans and others. The advantages and disadvantages of particular forms of financing will be described. Also methods of comparison of the particular sources of financing will be part of the chapter. In the second chapter there is a description of the chosen company and its actual investment plan. The chosen company is OZO Ostrava, which bought a sifting machine for the price of 1 813 560 CZK including VAT. The third chapter is a practical part including the analysis of sources of financing. Three ways of financing will be chosen for the analysis of sources. They will be chosen from self sources, by investment loans and financial leasing. The analysis will be done with the help of currant value of costs. On the basis of the results of the analysis, the comparison and selection of the optimal version will be carried out. The goal is to assess if the company has chosen the most suitable source of financing.