Análise das Demonstrações Contábeis

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Palavras-chaves- Índices economic-financeiros. Análise. Demonstrações finnceiras.

[pic 9]

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ABSTRACT[pic 10]

The analysis of financial statements is the accounting technique that consists of removing the financial statements of the organizations that reveal the economic and financial situation of the same, giving managers an overall assessment of your business. Widely used by large corporations, this technique is not addressed by very small companies, even those that make a complete bookkeeping, such as Cruise Tour Ltda. The object of this study. The present work has as main objective to analyze the financial and economic situation of the company LTDA Cruise Tour in 2009 and 2010, based on a literature search, and document a case study. Were calculated and analyzed the financial and economic indices (capital structure, liquidity and profitability), vertical and horizontal analysis and calculation of EBTDA. The case made ​​with data analysis provided by the company shows that financial development has a regular in those years. This occurred by several factors, such as increase in the number of sales of their goods, generating therefore more employment; slope of entries funding, increased costs of goods sold, among other factors.

Keywords: Economic and financial indices. Analysis. Statements finnceiras.

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LISTAS DE ILUSTRAÇÕES[pic 11]

Quadro 1 –

Estrutura do Balanço Patrimonial..............................................

15

Quadro 2 –

Estrutura das Demonstrações do Valor Adicionado – DVA.......

24

Quadro 3 –

Demonstração do Resultado do Exercício – DRE.....................

25

Quadro 4 –

Estrutura da Demonstração do Fluxo de Caixa – DFC.............

26

Quadro 5 –

Fórmula da Análise Horizontal...................................................

29

Quadro 6 –

Modelo de Análise Horizontal – BP...........................................

29

Quadro 7 –

Modelo de Análise Horizontal – DRE........................................

30

Quadro 8 –

Modelo de Análise Vertical – BP...............................................

31

Quadro 9 –

Modelo de Análise Vertical – DRE.............................................

31

Quadro 10 –

EBITDA......................................................................................

46

Quadro 11 –

Análise Horizontal – BP.............................................................

49

Quadro 12 –

Análise Horizontal – DRE..........................................................

50

Quadro 13 –

Análise Vertical – BP.................................................................

51

Quadro 14 –

Análise Vertical – DRE..............................................................

52

Quadro 15 –

Índices de Liquidez....................................................................

53

Quadro 16 –

Índices de Endividamento..........................................................

54

Quadro 17 –

Índices de Rotatividade.............................................................

55

Quadro 18 –

EBITDA.....................................................................................

56

Figura 1 –

Demonstração do Ciclo Operacional – Prazo Médio de Rotação de Clientes.................................................................

38

LISTAS DE ABREVIATURAS[pic 12]

AC Ativo Circulante

ARLP Ativo Realizável a longo Prazo

BP Balanço Patrimonial

CE Composição de Endividamento

COP Ciclo Operacional

CRCSP Conselho Regional de Contabilidade de São Paulo

CSLL Contribuição Social Sobre o lucro Líquido

DFC Demonstração do Fluxo de Caixa