Scholarly record

ECONOMIC-FINANCIAL ASPECTS TO SC TUDOR MIHAI SERV L.L.C.

D. M.i Medelete, R.L. Panzaru

Abstract

The study highlights the financial performance of the activity by analysing revenue, expense and profit indicators. Information used is the data entered in the Profit and Loss Account, which presents the statement of income, expenses (by component) and profit or loss. The financial results are analysed for the period 2014-2015, the analysis method used being the time comparison. This method evaluates the results in units, in dynamics, and highlights the deviations from the terms of reference with which it operates. The operating income was 9546867.5 lei (the average of the period), the financial revenues are characterized by an average of 55499.5 lei, and in these conditions the total farm incomes were 9602367 lei. Total operating expense is based on total material expenses, staff costs, asset adjustments, and other operating expenses. On the basis of the values of the indicators, mentioned above, it reached a level of 8228967 lei for the average of the period. The total financial expenditures on average amounted to 191265.5 lei. Regarding the level of total expenditures, it is worth mentioning that it reached 8420232,5 lei. The operating profit is characterized by an average of 1317900.5 lei, the financial loss was 135766 lei, which led to a gross profit of 1182134.5 lei. After the payment of the profit tax, a net profit of 1002574.5 lei is achieved.

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