Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 21 ISSUE 1
Written by Dragoș Mihai MEDELETE, Radu Lucian PÂNZARU
The purpose of the paper was to analyze the economic and financial aspects within an agricultural commercial company named SC Spring Agroserv LLC Malu Mare, Dolj County, Romania in the period 2016-2018. The unit was established in 2011, having as object of activity "cultivation of cereals (excluding rice), leguminous plants and oilseed plants" - CAEN Code 0111. The company has facilities in the form of: agricultural land (166,752.20 lei), constructions (78,108.71 lei), technological equipment (share of about 90% of the total value of assets - 2,232,362.17 lei), surveillance devices and installations (7,620.93 lei). The inventory value of the fixed capital elements is a considerable one (2,484,844.01 lei). Some of the capital elements were depreciated (value to be depreciated - 1,652,893.97 lei). The unit grew wheat, rye, barley, oats, triticale, corn, sorghum, peas, sunflower and alfalfa. It should be noted that since the unit did not have any financial income and expenses, the operating income and expenses are equivalent to the total income and expenses. At the same time, the operating profit or loss is equal to the gross profit or loss. Regarding the calculation of the profit tax, the unit benefited from certain facilities, in 2016 and 2017 when it reinvested all or part of the realized profit. The unit registers operating profit - 96,551.34 lei and pays a tax of 13,218.07 lei, aspects that lead to a net profit of 83,333.27 lei.
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