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Novotna M.,Katedra Ekonomiky | Svoboda J.,University of South Bohemia
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

The economic situation of Czech agriculture is discussed in depth with its key questions related to insufficient level of subsidies (lower than subsidies paid to other member states of the EU) and to a decrease of prices of agricultural commodities. The paper deals with the situation of agricultural holdings in 2003-2007 examined with a system of financial analysis indices. A sample of 150 farms created within the project MSM 6007665806 was used to set indices of the financial analysis. Agricultural holdings were classified according to the share of the area of agricultural land in the LFA. The introduction to the analysis mentions the return on assets (ROA) which is a synthesis indicator of assessing the efficiency of a firm. In the paper, the following system of financial analysis indicators was used: the Altman Z-score index; the IN 95 index, the IN 99 index, IN 01 index; the Kralicek Quick Test, the Bonity index and the Du Pont pyramid system of indices for an analysis of the profitability The aim of the paper was to assess the profit/loss of farms in relation to different farming conditions related to the share of land in the LFA and to subsidy policy. The analysis revealed that the subsidy system is set to compensate difficult conditions of farms in less favoured areas (i.e. farms with greater percentage of agricultural land in the LFA). Source

Smutka L.,Katedra Ekonomiky | Burianova J.,Katedra Ekonomiky | Belova A.,Katedra Ekonomiky
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

The objective of the presented article is to analyze Czech agricultural trade as a whole and primarily trade in relation to the six key trade partners, with an emphasis on the identification of changes in its structure and competitiveness that occurred within the period of the years 2008-2011. On the basis of the results of the conducted analyses, it may be stated that the problematic period of the years 2008- 2011 did not affect the development of Czech agricultural trade in an especially negative manner (commodity and territorial structure did not change significantly), whether in relation to the analyzed partner countries (In the case of individual countries within the analyzed period, the value of export and import increased as follows: Germany: 1.5% per year and 0.1% per year respectively, Austria: 2.9% per year and -0.01% per year respectively, the Netherlands: -1.1% per year and -6.3% per year respectively, Italy: 8.7% per year and 7.3% per year respectively, Slovakia: 6.1% per year and -3.2% per year respectively, Poland: 3.5% per year and 11.1% per year respectively.), or in relation to the overall agricultural trade of the Czech Republic (Agricultural trade was able to face the stagnation of the global economy relatively very well. Only in the year 2009, there was a slight year-on-year decline in the value of agricultural export by approximately 5%, but, nevertheless, within the years 2010 and 2011, the value of agricultural trade increased year-on-year by approximately 3.6% and 14.8%, respectively.). Growth in the area of the development of the value of export as well as import remained preserved. The comparative advantage of Czech export remained preserved in the case of key aggregations. The strong aggregations of Czech agricultural export generally include CN 01, CN 04, CN 10, CN 11, CN 12, CN 13, CN 17, CN 21, CN 22 and CN 24. Source

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