FINANCIAL ANALYSIS ON THE BASIS OF THE INFORMATION PROVIDED BY THE BALANCE SHEET OF AN ENVIRONMENT PROTECTION ENTITY

The balance sheet is the accounting document of synthesis that presents synthetically the financial and patrimonial situation of the company whose analysis may provide information about the company's solvability during the years of analysis. The information shown in the annual financial positions is processed by the economic and financial analysis to illustrate statically and dynamically both the patrimonial status and movement and the resulted outcome. Therefore the company's management may conclude the following: whether the indented objectives over the given period of time (or the analyzed exercises) have been attained, whether the financial decisions have been correctly adopted or simply if the economic increase and the financial balance have been accomplished. To know thoroughly a company's financial situation it is very important to study the way its financial structure and also the various indicators form its balance sheet had evolved over the years.