The subject of this diploma thesis on topic "Economic analysis of the chosen company" is the assessment of the economic performance of MOIRA CZ, a.s. The aim of this thesis is to evaluate the situation assess with respect to its financial health, economic performance and future viability. The first part of my thesis is devoted to approaches to economic analysis and its methods, in the second part is analysed the economic situation of the chosen company. The starting point for practical part are financial statements and their analysis using horizontal and vertical analysis, analysis of relative and financial ratios, or creditworthy and bankruptcy models. Further the DuPont analysis and analysis of he Economic Value Added (EVA) are applied. In conclusion are summarized the results of economic analysis and set out proposals for action that could lead to increased economic performance of the company.

My Master's thesis "Financial Analysis of Pivovar Svijany, a.s., in Comparison with a Rival Company" focuses on assessing the financial situation of the Pivovar Svijany, a.s. company between 2005 and 2011 and comparing it to one of its competitors, Rodinný Pivovar Bernard a.s. The thesis consists of two major parts. The theoretical one outlines the purposes and methods of financial analysis, such as analyses of absolute indicators, relative indicators, working capital, also the pyramidal decomposition of ROE, computation of EVA and finally, solvency and bankruptcy prediction models. The second, practical, part of the thesis uses the discussed knowledge to compare the two aforementioned businesses.

The aim of the Master's Thesis is the ranking of the selected sector of the Czech economy, specifically group of vehicle manufacturers in terms of their financial performance. In particular the evaluation of the financial performance of selected objects of ranking, creating charts according to specific criteria and their interpretation. The Thesis also provides examples of significant Czech and world rankings, which are described and compared. The theoretical part is given in particular the selection criteria and ranking methodology focusing on value-based criteria (EVA, spread, NPV) and theoretical background of business in the sector. That is then developed in the practical part of the work in the analysis of the automotive industry. The following is a selection and segmentation of objects ranking and the main part of the work focused on ranking of companies based on their financial performance.

The aim of this thesis is to determine the value of the company Rodinný Pivovar BERNARD a.s. as of 31st of December 2013. The company is valuated using discounted cash flow (FCFF and FCFE) method and economic value added method. The methodology section contains theoretical basis which is necessary for determining the value of the company. Theoretical knowledge is applied in the practical part. The practical part includes strategic analysis, in which the beer market in Czech Republic was analyzed, financial analysis, which assesses financial performance of the company. The conclusion contains a statement about the value of the company.

The aim of the Master´s Thesis is the ranking of the selected sector of the Czech economy, specifically the group CZ NACE 1051: Milk processing, production of dairy products and cheese. In particular the evaluation of the financial performance of selected objects of ranking, creating charts according to specific criteria and their interpretation. The Thesis also provides examples of significant Czech and world rankings, which are more closely described and compared. The theoretical part describes the selection criteria and ranking methodology, followed by the selection and segmentation of objects included in the ranking. The practical part of the work is focused on ranking of companies based on their financial performance.

Master's thesis focuses on evalution of Stallergenes SA. Theoretical part starts with clarifying the background of the company and sector it is situated in. It is followed by outlining the principles and methods of financial analysis. Theoretical part is ended by introduction of the enterprise evaluation methods. Practical part contains strategic analysis -- characteristics of the sector, competition analysis and prediction of future development. Next, the financial analysis is performed. The evaluation is done by using book value method, discounted cash flow method and method based on EVA model.

Master's thesis deals with the financial analysis of the company Omega Optix in comparison with the largest competitor. The aim of the thesis is to identify the areas in which the company Omega Optix is better than the competitor and to propose actions to improve the weak points. The thesis is divided into theoretical and practical part and uses methods like horizontal and vertical analysis of balance sheet and of profit and loss report, ratio analysis, credible and bankruptcy models, comparison with the industry.

This study reviews Lilith in Jewish mythology, specifically how she relates to the other main operators in the myths, which are God, Samael, Adam and Eve. Her connections with the animal who often symbolizes her, the serpent, has also been reviewed. Furthermore, the study examines what her relationship with the other operators says about her function in the myths. Using a hermeneutical method, the study examines extracts from rabbinic literature, the Alphabet of Ben Sira and Kabbalistic writings.The results show that Lilith’s symbolism and characteristics have drawn inspiration from Eve in the earlier writings, and that both women are portrayed in close relation with the serpent. In the Kabbalist tradition Lilith is a driving force in a narrative that strives for messianic victory, and together with her partner Samael she rules over evil. One of Lilith’s main functions is that of an antagonist, and an antipole, to the divinity and the primal couple, and essentially to goodness.

abstract: The primary goal of this thesis is to evaluate the influence of ethyl vinyl acetate (EVA) and polyolefin elastomer (POE) encapsulant types on the glass-glass (GG) photovoltaic (PV) module reliability. The influence of these two encapsulant types on the reliability of GG modules was compared with baseline glass-polymer backsheet (GB) modules for a benchmarking purpose. Three sets of modules, with four modules in each set, were constructed with two substrates types i.e. glass-glass (GG) and glass- polymer backsheet (GB); and 2 encapsulants types i.e. ethyl vinyl acetate (EVA) and polyolefin elastomer (POE). Each module set was subjected to the following accelerated tests as specified in the International Electrotechnical Commission (IEC) standard and Qualification Plus protocol of NREL: Ultraviolet (UV) 250 kWh/m2; Thermal Cycling (TC) 200 cycles; Damp Heat (DH) 1250 hours. To identify the failure modes and reliability issues of the stressed modules, several module-level non-destructive characterizations were carried out and they include colorimetry, UV-Vis-NIR spectral reflectance, ultraviolet fluorescence (UVF) imaging, electroluminescence (EL) imaging, and infrared (IR) imaging. The above-mentioned characterizations were performed on the front side of the modules both before the stress tests (i.e. pre-stress) and after the stress tests (i.e. post-stress). The UV-250 extended stress results indicated slight changes in the reflectance on the non-cell area of EVA modules probably due to minor adhesion loss at the cell and module edges. From the DH-1250 extended stress tests, significant changes, in both encapsulant types modules, were observed in reflectance and UVF images indicating early stages of delamination. In the case of the TC-200 stress test, practically no changes were observed in all sets of modules. From the above short-term stress tests, it appears although not conclusive at this stage of the analysis, delamination seems to be the only failure mode that could possibly be affecting the module performance, as observed from UV and DH extended stress tests. All these stress tests need to be continued to identify the wear-out failure modes and their impacts on the performance parameters of PV modules. / Dissertation/Thesis / Masters Thesis Mechanical Engineering 2020

The research will compare the alignment of the remuneration between United States and South African banks with respect to the Economic Value Added, a measure of a firm's economic profit that adjusts profit by subtracting the cost of capital.South African banks have been widely recognised for their high standard of corporate governance and stability during the financial crisis. Executive remuneration based on short-term equity has been recognised by both academic literature as well as bank regulators as one of the causes of the financial crisis. The research seeks to understand the differences in remuneration alignment between the failed and surviving banks.Misaligned incentives within the United States banks are accepted by both academics and regulators as one of the causes of the 2008 financial crisis and subsequent economic downturn. This research puts this theory to the test by comparing the alignment of executive remuneration between South African banks that were internationally recognised for successfully navigating the financial crisis, and the largest United States banks, of which three failed catastrophically over the same time period.The remuneration for the largest United States and South African banks is tested for correlation against Economic Value Added (EVA®), share price and return on equity. Correlation between executive remuneration and the constructs is tested between the two countries before as well as after the financial crisis.South African bank executive remuneration correlated strongly with EVA® and this correlation strengthened after the financial crisis. In comparison, the United States sample banks exhibited strong correlation between share price and remuneration before the financial crisis. The failed United States banks had no correlations between executive remuneration any of the constructs, a pattern that has been repeated in the United States Banks that have survived the financial crisis.Practically, the research demonstrated the vast differences in executive remuneration alignment between the United States and South Africa. In South African banks, executive remuneration is far more closely aligned to EVA®, whereas the United States banks only correlated with share price before the financial crisis, raising the question of whether managers are able to exert excessive power. The research demonstrates the magnitude of the gap between the recommendations of regulators and remuneration policies, with South African banks far more closely aligned than their United States counterparts.The research findings concur with theory presented in literature that misaligned incentives based on equity contributed towards the financial crisis. Of particular concern is the change in remuneration correlation after the financial crisis, where South African banks increased correlation with EVA® while United States banks no longer correlated with EVA®, ROE or share price. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted