When drawing up financial activity plansOrganizations special attention is paid to the balance of their own negotiable and borrowed funds (mandatory payments in the planning period). Working capital in the organization is the authorized capital and profit of the enterprise from the main activity. Borrowed funds are current assets received on the balance of the enterprise (bank loans, accounts payable, etc.).
Sources of company income
Depending on the economic activity of an enterprise, the sources of income are divided into several types:
- the profit received from realization of the let out production -
- profit from the sale of own fixed assets-
- profit received from foreign exchange operations-
- funds received from the lending of projects of third-
- depreciation deductions.
When planning financial costs forCapital investments (enterprise development) take into account planned total revenues in a certain period of their own working capital, minus mandatory payments:
- deductions for wages
- income tax-
- payment for consumed energy resources-
- payment for purchased materials for main production-
- payments for the lease of property-
- payments on shares and bank loans.
The main source of financing for investment inThe enterprise is a development fund whose activity is aimed at the technical re-equipment of production (acquisition of modern equipment, new technologies) and the capital construction fund.
Also, the attracted funds can be used to develop the enterprise.
Sources of borrowed funds
With the use of borrowed funds is calculatedThe amount of necessary funds, their economic feasibility, because the repayment of loans significantly increases the financial liabilities of the enterprise. Repayment of loans occurs after the completion of the project at the expense of the development fund of the organization. If funds in the accounts of funds are insufficient, other funds are used, as well as the company's retained earnings.
Borrowed funds are cash receipts inThe form of financial (material) assistance from other enterprises, banks (long-term and short-term loans), individuals (loans), and the issuance of additional shares (bonds).
To borrowed funds can also be attributed funds,Which in the short term are at the disposal of the enterprise (rolling current salary arrears, deductions for social insurance, reserve debts on payments, advance payments of customers).
As a result, the company's financial plan reflectsThe relationship between income and expenditure, as well as the entire complex of the organization's relations with the state budget (compulsory payments for social insurance, taxes to the treasury of the country and the local budget), financial and cooperative relations with the credit and financial system and other organizations and enterprises.