Assessment of the Financial Position and Performance of a Chosen Russian Company Operating in the Aviation Industry

Daria Orlova

Bachelor's thesis

Abstract:

The aim of this bachelor thesis is to assess the financial position and performance of a chosen Russian company operating in the aviation industry by analyzing the company ́s financial statements with focus on the representation and changes of the reported assets, liabilites, expenses, revenues, profit and cash-flow for a choosen period and to identify the potential financial problems and the most significant factors influencing the profit from the company and industry point of view. Methodology for the literature overview is based on data collected from the relevant legal framework, specialized publications and other written or online sources. The practical part of the thesis will be based on the information gained from the published annual reports of the chosen company. Vertical and horizontal analysis and ratio analysis of the financial statements will be used to assess the financial position and performance of the company and to prepare the practical part of the thesis. The methods of analysis, synthesis, comparison and deduction will be used to formulate the conclusions of the thesis. The author comes to the conclusion that the financial position of the company is favorable, while the financial performance is highly volatile and the company is not really profitable even under the condition of no coronavirus, which is quite surprising for a natural monopoly. In addition to that, the author concludes that the biggest problem related to Aeroflot’s operations is the fact that the main owner of the company is the Russian Federation, so the company’s market position and success are significantly connected to the success of the country itself.

Keywords

assets, liabilities, equity

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 17. 4. 2023

Obhajoba závěrečné práce

• Obhajoba proběhla 17. 5. 2023
• Vedúci: Ing. Enikö Lörinczová, Ph.D.
• Oponent: Petra Šánová, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Bachelor programme:
Business Administration