broj: 1-2/2021
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| RIJEČ UREDNIŠTVA | ||
| Uredništvo | ||
| Two forestry anniversaries pdf HR EN | 5 | |
| IZVORNI ZNANSTVENI ČLANCI | ||
| Stjepan Posavec, Ljiljana Keča, Sabina Delić, Makedonka Stojanovska, Špela Pezdevšek Malovrh | UDK 630* 666 (001) https://doi.org/10.31298/sl.145.1-2.1 | |
| Comparative analysis of selected business indicators of state forest companies pdf HR EN | 7 | |
| SUMMARY A company that handles natural resources such as forests is a complex economic entity. In addition to economic performance at annual level, the biological component of sustainable forest management should also be considered. It is therefore extremely important to achieve efficient business performance. Financial analysis is a process of determining important business and financial characteristics of a company from accounting data. It is characterized by a wide use of financial reports and various financial indicators - key figures. The paper presents business indicators of the main state-owned forest companies in selected countries of South East Europe (Croatia, Slovenia, Serbia, Bosnia and Herzegovina, and North Macedonia) using the method of comparative analysis based on financial reports (such as balance sheet and income statement). In countries where there are more than one state-owned forest companies, they were selected according to their importance for forest management and business results (share of forests, number of employees, profit and annual felling). The research results show the revenue and expenditure of the selected companies and profitability indicators such as return on equity (ROE) and return on assets (ROA). According to the annual business reports for 2017 and 2018, the company Croatian Forests Ltd. has the highest number of employees (7787 in 2018). The highest ratio ROA (32.17) and ROE (39.82) were achieved in the Slovenian state forestry company in 2017, which was founded in 2016. For 2018, the best results are achieved in the Slovenian Forest Company (SiDG), while the weakest results are achieved in the State Forest Company in North Macedonia. The profit per employee decreased in 2018 for most companies, but most significantly in North Macedonia, where it was four times lower. On the basis of the comparative analysis presented, all companies have a positive cost-benefit ratio, but long-term planning of forest management should follow biological and economic regulations to be competitive on the free market. Key words: sustainable management; state forest companies; business performance; business indicators; profitability | ||
| Mirzeta Memišević Hodžić, Dalibor Ballian | UDK 630* 181.8 + 232.1 (001) https://doi.org/10.31298/sl.145.1-2.2 | |
| Morphological and phenological variability of Common beech (Fagus sylvatica L.) in the international provenance test in Bosnia and Herzegovina pdf HR EN | 19 | |
| Branko Stajić, Živan Janjatović, Marko Kazimirović, Zvonimir Baković, Snežana Obradović | UDK 630* 815 (001) https://doi.org/10.31298/sl.145.1-2.3 | |
| Polymorphic site index curves for Beech (Fagus sylvatica L.) in Central and Eastern Serbia pdf HR EN | 31 | |
| PRETHODNO PRIOPĆENJE | ||
| Mirza Dautbašić, Osman Mujezinović, Dejan Kulijer, Adi Vesnić, Kenan Zahirović, Sead Ivojević, Damir Prljača | UDK 630* 453 https://doi.org/10.31298/sl.145.1-2.4 | |
| First record of Pyrrhalta viburni (Coleoptera: chrysomelidae) in Bosnia and Herzegovina pdf HR EN | 43 | |
| PREGLEDNI ČLANCI | ||
| Damir Barčić, Željko Španjol, Roman Rosavec, Mario Ančić, Tomislav Dubravac, Sanja Končar, Ivan Ljubić, Ivona Rimac | UDK 630*182 https://doi.org/10.31298/sl.145.1-2.5 | |
| Overview of vegetation research in Holm oak forests (Quercus ilex L.) on experimental plots in Croatia pdf HR EN | 47 | |
| Toni Buterin, Robert Doričić, Igor Eterović, Amir Muzur, Marina Šantić | UDK 630*111 + 469 https://doi.org/10.31298/sl.145.1-2.6 | |
| Public health perspective of the impact of industrial pollution on global warming and the incidence of zoonoses pdf HR EN | 63 | |
| STRUČNI ČLANCI | ||
| Branko Sitaš | UDK 630* 659 https://doi.org/10.31298/sl.145.1-2.7 | |
| Controlling of machinery in performing forest works pdf HR EN | 71 | |