Исследование и оценка финансового состояния ЗАО "Компьютерные системы" за 2008-2010 годы

Дипломная работа - Экономика

Другие дипломы по предмету Экономика

периодом 2008 (100,68%) и составили 264054 тысяч рублей.

7.Общие расходы, аналогично, увеличились на 7382 тысяч рублей к 2007году и на 46722 тысяч рублей в 2008 году.

.Увеличение показателя выручки на 1335 тысяч рублей в 2007 году и 51712 тысяч рублей в 2008 году (124,36%.) свидетельствует о том, что организация получает все больший доход от основной деятельности.

.Увеличение расходов на производство и сбыт продукции (123,37% к уровню 2007 году, в абсолютных цифрах на 46339 тысяч рублей) и расходов от ФХД - отрицательная тенденция, но она может быть положительной, если при этом повышается качество продукции.

.Рост прибыли от продаж (на 4742 тысяч рублей в 2007 году, и тысяч рублей в 2008 году) и чистой прибыли (на 3656 тысяч рублей к уровню 2006 году, и 3747 тысяч рублей к уровню 2007 году) благоприятен и свидетельствует об увеличении рентабельности продукции.

.Рентабельность продаж и рентабельность основной деятельности увеличивались с замедлением, так по рентабельности продаж наблюдался рост на 2,2% к уровню 2006 года и на 0,8% к уровню 2007 года, а по рентабельности основной деятельности рост составил 2,8% в 2007 году и 0,2% в 2008 году.

.Однако, рентабельность активов и рентабельность собственного капитала уменьшались с ускорением (на 8,6% к уровню 2007 года против 5,7% к уровню 2006 года по первому показателю и на 5,5% в 2008 году против 5 % в 2007 году соответственно.

.Соответственно период окупаемости собственного капитала увеличился на 0,4 года в 2008 году и составил 2,8 года.

В третьей, проектной, части дипломной работы были даны предложения по повышению эффективности деятельности Общества.

  1. Выработаны меры по повышению потока денежных средств.
  2. Приведены рекомендации по снижению кредиторской задолженности.
  3. Разработаны предложения для проведения новой политики и управления дебиторской задолженностью.
  4. Даны в расчетной форме пути повышения показателей платежеспособности.
  5. Рассмотрена роль финансового рычага для повышения рентабельности собственных средств.

Делая вывод и рассматривая полученный и ожидаемый в перспективе экономический эффект, можно сказать, что выполнение указанных предложений позволит получить 844,73 тысяч рублей дополнительной прибыли, а также будет возвращена дебиторская задолженность в размере 10428,9 тысячи рублей.

Все меры дают не только сохранение потенциала в условиях экономического кризиса, но и позволяют укрепить финансовую устойчивость, а следовательно и позиции ЗАО Компьютерные системы на рынке телекоммуникаций.

 

CONCLUSION

 

In order to survive under the present conditions of the world financial crisis the management of the enterprise must, first of all, correctly estimate financial position both of their enterprise and that of potential competitors Financial position determines competitiveness, potential of business cooperation and estimates the degree to which economic interests of the enterprise and its partners are guaranteed in financial and production spheres.main aim of the commercial enterprise under modern conditions is maximum profit that is not possible without efficient management of capital. The main task of the management is search for reserves of increasing profitability of the enterprise.is obvious that the result of the activities of the enterprise fully depends on effectiveness of management of financial resources. Otherwise, struggle for surviving becomes continuous.first chapter of diploma paper allows to make the following conclusions:

1.The aim of the financial analysis of the real financial position and comparison of the received results with the results of the previous periods, finding possibilities of increasing effectiveness of functioning with the help of rational financial policy

2.The aim of the analysis of financial position is to determine its quality and to study reasons of its improvement or its improvement or aggravation and prepare recommendations for improving financial stability and solvency of the enterprise. The research of the dynamical of absolute and relative financial solves these problems. General estimation of the financial position of the enterprise is given on the base of indicators of profit and profitability which reflect results of activities in the monetary terms. These indicators are the most important in the system of estimating results, reliability and favorable financial position of the enterprise. The aim of the given diploma paper was to analyze the financial position of the enterprise, to reveal main problems of financial activities and determine ways of improving financial stability of the company. The analysis resulted in the following conclusions:

1. Profit grew by 3,655 thousand rubles as compared to 2006 and by 3,747 thousand rubles as compared to 2007, although on a percentage basis it was 135.35% in 2008 as compared to 2007 and 152.58% in 2008 as compared to 2008. We can also see increase in labor productivity by 7.6% in 2008 as compared to 2007;

. Capital investment yield in 2007 decreased by 400.9 thousand rubles as compared to 2006 or it was 73% less;

. The coefficient of capital turnover was growing with some deceleration (115.39% as compared to 2007 and 144.44% as compared to 2006).

. The length of the operational cycle was going dawn (85.20% as compared to 2007 and 96.7% as compared to 2006). The analysis of profit for the period 2006-2008 allows to make the follows conclusions;

. Income and receipts grew by January, 2009 (by 124.32%) as compared to 2008 (100.68%) and made 264.054 thousand rubles;

. Overall expenses also grew by 7,382 thousand rubles in 2007 and by 46,722 thousand rubles in 200;

. Proceeds grew by 1,335 thousand rubles in 2007 and 51.712 thousand rubles in 2008 (124.36%) it testifies for the fact that company receive bigger income from its main activities;

. Increase in expenses on production and sale was 123.35% as compared to 2007 or by 46.339 thousand rubles and there was a negative tendency in expenses on financial and economic activities, but it can become positive if the quality of products improves;

. Growth of profit from sales (by 4.749 thousand rubles in 2007 and by 5,374 thousand rubles in 2008) and net profit (by 3,655 thousand rubles in 2008 as compared to 2006 and by 3,747 thousand rubles, as compared to 2007) is favorable and testifies for the fact that profitability is growing. Dynamics of indicator of profitability allows to make the following conclusions;

. Profitable of sales and profitability of main activities increased with deceleration because the profitability of sales grew by 2.2% as compared to 2006 and by 0.8 as compared to 2007, and the profitability of the main activities grew by 2.8% in 2007 and by 0.2 in 2008;

. However, the profitability of assets and their own capital decreased with acceleration (by 8.6% as compared to 2007, by 5.7% as compared to 2006 according to the first indicator and by 5.5% in 2008 as compared to 5% in 2007, correspondingly;

. The period of their own capital repayment increased by 0.4 year in 2008 and made 2.8 year in 2008 and made 2.8 years.

The third part of the diploma paper gives suggestions for increasing efficiency of the activities, namely.

1.Measures to increase the flow of monetary resources have been elaborated.

2.Recommendations on reducing accounts payable have been given.

.Suggestions for pursuing a new policy of managing accounts receivable have been made.

.Ways of increasing indicators of profitability have been suggested.

.The role of the financial liver for increasing profitability of their own resources has been considered.

Table 3.4 and the data about the received and prospective economic effect allow to make the conclusion that implementation of the suggestions mentioned above, will allow to