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Abstract
The financial position of a company is determined by its financial balance,
indebtedness, solvency, maintenance of real value of equity and reproductive
ability. In order to recognize a financial position of agricultural companies as good,
acceptable or bad, in this paper we observed the most important parameters of the
financial position of agricultural companies in the Republic of Serbia. The research
was based on a sample of 50 financial statements of agricultural companies.
Comparison of indicators of the financial position of the companies in two
consecutive years (2008, 2009) led to a conclusion that 70% of the agricultural
companies had a bad financial position in both observed years. Bad financial
position of the companies is a consequence of the lack of financial balance, and
inability to maintain an acceptable level of liquidity. Bad financial position of most
agricultural companies indicates the problem of agricultural branch as a whole,
which requires systemic measures by strengthening financial position and therefore
economic position of agricultural activity in Republic of Serbia.