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Ekonomika poljoprivrede
2015, vol. 62, iss. 4, pp. 1061-1078
article language: English
document type: Review Paper
published on: 27/02/2016
doi: 10.5937/ekoPolj1504061M
Ratio analysis specifics of the family dairies' financial statements
aUniversity of Kragujevac, Faculty of Hotel Management and Tourism, Vrnjačka Banja
bUniversity of Belgrade, Faculty of Organizational Sciences
cPorodična mlekara Veličković, Alakince, Surdulica



The subject of this paper is the evaluation of the financial analysis specifics of the dairy enterprises with a focus on the implementation of the ratio analysis of financial statements. The ratio analysis is a central part of financial analysis, since it is based on investigating the relationship between logically related items in the financial statements to assess the financial position of the observed enterprise and its earning capacity. Speaking about the reporting of financial performance in family dairies, the basis is created for displaying techniques of financial analysis, with a special indication on the specifics of their application in agricultural enterprises focusing on companies engaged in dairying. Applied in the paper is ratio analysis on the example of a dairy enterprise, i.e. a family dairy operating in Serbia. The ratio indicators are the basis for identifying relationships based on which by comparing the actual performance and certain business standards differences or variations are identified.



*** Family dairy Veličković.
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