This diploma thesis is focused on evaluation of financial health of a company. The aim of this thesis was implementation of financial analysis - indexes of profitability, indebtedness, liquidity and activity and calculation of bankruptcy and solvency models, which are used for prediction of financial depression of company, f.e.: Altman ZETA score, Tafler bankruptcy model, IN99 and Grünwald solvency index. The thesis was focused on information capability of accounting statements and the important fact of this thesis was using Beneish M - Score model, which helps to reveal potential manipulation with accounting statements.

This disertation is focused on financial analysis of economic activities of joint-stock company MAVE Jičín for accounting period 2011 - 2015. The goal of the financial analysis is an assessment of the company financial state. The disertation incorporates overview of financial analysis methods and describes financial statements, which are a source of informations for analysis. Selected elementary methods of financial analysis are used in the practical part of analysis. These are particularly horizontal analysis and vertical analysis, Net working capital, profitability ratios, liquidity, activity and leverage ratios, Du Pont equation, Altman Z-score, bankruptcy model IN95, the IN99 index and Rudolf Doucha Balance analysis II. The financial analysis results give an overview of developments in the financial situation of the joint-stock company MAVE Jičín and thereby provide information for company financial management.

nÃo hà / Neste trabalho analisamos o tempo como categoria privilegiada de estudo do sujeito e da sociedade; objetivando analisar sua aÃÃo como solvente social quando se apresenta nas novas configuraÃÃes entre tempo e trabalho na contemporaneidade, empregamos uma anÃlise teÃrica da categoria tempo e as novas formas que se apresenta na contemporaneidade laboral. Para isso, delimitamos alguns campos de estudo onde a temporalidade se inseriu, transitando pela Filosofia, FÃsica, Biologia e Sociologia, partindo destes estudamos o Tempo do trabalho, o Tempo liberado e o Tempo do Ãcio. Com base nesses estudos, delimitamos alguns campos de estudo da temporalidade por parte da Psicologia para finalmente nos determos na questÃo da temporalidade para a PsicanÃlise. Uma vez delimitada a temporalidade subjetiva, pudemos buscar a interface entre esta e o mundo, encontrando uma temporalidade marcada pela mediaÃÃo social. à neste contexto que verificamos o tempo agindo em conjunto com o trabalho, formando uma das categorias que funcionam como cola social. Analisando as novas configuraÃÃes que a temporalidade laboral assumiu, apÃs o trabalho se tornar categoria social predominante, verificamos que ele pode perder sua caracterÃstica de cola ampla da sociedade e se apresentar como um solvente social em alguns grupamentos sociais e fortificando os laÃos em outros, auxiliando assim na formaÃÃo de guetos temporais ligados ao trabalho. / In this paper, we analyzed the time as a privilege category of subject and society study; aiming to analyze its action as a social solvent when presents itself in the new configurations between time and work in contemporaneity, we performed a theoretical analysis of time category and its new ways of presenting itself in work contemporaneity. Thereunto, we delimitated a few study fields where temporality inserted itself as category, as of Philosophy, Physics, Biology and Sociology, we studied the work Time, the free Time and the leisure Time. Based on these studies, we delimitated a few Psychology study fields of temporality, so we can finally focus in the temporality issue for Psychoanalysis. Once the subjective temporality was delimitated, we could search for the interface between it and the world, finding a temporality marked by social mediation. In this context, we verified the time acting with the work, forming one of the categories which works as social glue. Analyzing the new configurations admitted by the labor temporality, after the work has become predominant social category, we verified that it can lose its society wide glue characteristic and present itself as a social solvent in a few social groups, fortifying other groupsâ attachments, helping, thereby, in time ghettos formation related to work.

Dans cette thèse, nous étudions la garantie tempête consacrée aux dommages causés par le vent et un développement de l'assurance comportementale à travers le risque automobile. Nous associons des informations extérieures comme la vitesse du vent aux données de l'assurance. Nous proposons la construction d'un indice tempête pour compléter et renforcer l'évaluation des dégâts causés par les tempêtes majeures. Nous définissons ensuite un partage du territoire français en 6 zones tempêtes, dépendant des corrélations extrêmes de vent, pour tester plusieurs scénarios. Ces différents tests et considérations nous permettent d'améliorer notre indice tempête. Nous nous appuyons sur les modèles de la théorie des valeurs extrêmes pour montrer l'impact de la variabilité sur le calcul des périodes de retour et besoins en fonds propres. Nous soulignons ainsi les difficultés rencontrées pour dégager des résultats robustes en lien avec les évènements extrêmes. Pour ce qui est de l'assurance automobile, nous testons différentes méthodes pour répondre aux évolutions techniques et réglementaires. Nous caractérisons la partition homme / femme en utilisant la procédure logistique, l'analyse des correspondances multiples ou les arbres de classification. Nous montrons qu'il est possible de compenser l'absence de la variable sexe par d'autres informations spécifiques à l'assuré ou à son véhicule et en particulier l'utilisation de relevés kilométriques. Enfin, nous nous intéressons à l'expérience acquise par les conducteurs novices. Nous étudions le comportement sur la route de l'assuré pour créer de nouvelles classes de risques / In this Ph.D. Dissertation we study the storm guarantee dedicated to the damage caused by the wind and a development of the behavioral insurance through the automobile risk. We associate external information like the wind speed to insurance data. We propose the construction of a storm index to complete and strengthen the evaluation of the damages caused by the major storms. Then we define a partition of the French territory in 6 zones storms, depending on extreme wind correlations to test several scenarios. These various tests and considerations allow us to improve our storm index. We lean on extreme value theory models to show the impact of the variability on the calculation of return periods and capital requirements. We underline the difficulties to obtain strong results in connection with the extreme events. Concerning car insurance, we test various methods to answer the technical and legal evolutions. We characterize the man/woman partition by using the logistic procedure, the multiple correspondence analysis or the classification trees. We show that it is possible to compensate for the absence of the sex variable with other information specific to the insurants or to their vehicle and in particular the use of kilometric data. Finally, we are interested in the acquired experience by young drivers. We study the behavior on the road of the insurants to create new classes of risks

The traditional reserve estimation by an insurance company is based on the aggregated data. However, new trend is to utilize all the information available and analyse each claim separately. This way the application of claims specific features, such as non-proportional reinsurance or policy limits, is possible. The aim of this thesis is to construct the reserving model based on the individual claims. Following the recent legislative changes, the reserve risk has been redefined from ultimate claim horizon to a one-year risk horizon. Hence, the next task is to setup simulation model to calculate one year horizon reserve risk by updating the estimates based on new observations collected over one year. This is a typical task for Bayesian approach, therefore the model components are estimated using the tools of Bayesian statistics.

The thesis deals with the individual aspects of liquidity and solvency management in the context of financial risk management and working capital components. The main accent is put on the foreign exchange risk management and the cash management tools on the group level: netting and cash pooling. These tools are supported by the cash forecasting system and the actual cash flows evaluation. The methods of liquidity and solvency management are demonstrated on the example of a Shared Service Center organisation.

We provide an economic analysis of the Karlovarské mineralní vody company between years 2008 and 2012. Strategic and financial analyses are delivered from the external user perspective using the publicly available accounts only. In the strategic analysis, we examine micro-vicinity and macro-vicinity of the company and we provide the SWOT analysis. The financial analysis brings absolute, difference and ratio indicators. In addition, the analysis covers the solvency and insolvency models, the pyramid decomposition of the return on equity, financing rules, stock and leverage analyses, and inter-company comparison. Eventually, we also provide several suggestions to improve the financial situation of the examined company.

Diploma thesis Business risks in insurance and their quantification describes the business risks to which insurance companies are exposed in their activities. Thesis is focused on market risk and quantification of market risk in insurance companies. It includes determination of the specifications for the activities of insurance companies, regulation and characteric of business risks in insurance. Large part of the thesis deals with the method of Value at Risk as a tool to measure market risk as well as individual methods to calculate it. In the conclusion, thesis describes the processes of quantification of market risk in Generali PPF Holding and in Česká poisťovňa, which gives a practical insight into the issues of market risk in insurance companies.

This master’s thesis assess the financial health of the company ORTIKA a.s. in the period of 2002 to 2006 on the basis of selected methods of the financial analysis. It includes proposals of possible solutions of identified problems which should result in the improvement of financial situation of the company in future years.

This Master's thesis deals with current financial situation of non-profit-making organization called Nadeje o.s. For classification were applied some methods of financial analysis, whose results were applied to suggestions for financial strategy in following period.