MANAGEMENT WITH APPLICATION OF THE FINANCIAL ANALYSIS IN THE FOOD INDUSTRY IN SLOVAKIA.

This contribution deals with a financial analysis and financial resources of the European Union in a selected company. For food industry, it is now very much topical, for the sake of market stability and competitiveness, to use the available Euro-funds to the maximum possible extent in 2014-2020 [1]. Regarding the new priorities of the European Union, new conditions of the international market and the new competition, it is essential for companies in each sector to know their financial structure. It is the financial situation that provides an over-all characteristic of the company, which enables to correctly select resources to finance needs, and to allocate the obtained resources to particular items of the property. Optimization of the financial structure in food industry companies should bring a new view of a rational composition of company´s equity and liabilities. For the company, the financial analysis is currently an important measure, as it has been applying for a non-returnable financial assistance from the Rural Development Programme of the Slovak Republic for 2014-2020. One part of the application requires proving the satisfaction of the economic viability criteria, and financial analysis is the tool which can either confirm or rebut this viability. [ABSTRACT FROM AUTHOR]