Page 13 - Knjiga 3-FBiH budzetasi

Financial-intelligence Agency

The debt to asset ratio (share of debt-financed assets), as well as the debt to income ratio,
PREGLED FINANSIJSKIH/FINANCIJSKIH POK A Z ATELJA OVER VIEW OF FINANCIAL INDICAT OR S F OR BUDGET U SER S
Z A BUD ŽETSKE/PROR A Č UNSKE K ORISNIKE U FEDER A CIJI BIH 2018. have declined over the observed period, owing it to the previously presented growth in assets,
IN FEDER ATION OF BOSNIA AND HER ZEGOVINA 2018
and revenues.
A valuable indicator of the long-term stability and self-sustainability of budget users is the
Omjer duga i imovina (udio imovine koja je finansirana dugom), kao i omjer duga i prihoda (opterećenje The debt to asset ratio (share of debt-financed assets), as well as the debt to revenue ratio, have declined
ratio of "own" revenues to total revenues. The differences between budget users in value of
over the observed period owing it to the previously presented growth in assets and revenues.
dugom), opadaju u posmatranom periodu, zahvaljujući ranije predstavljanom rastu imovine i prihoda. this indicator may be evident, so the trend is more informative than the comparison between
Dugoročno posmatrano, vrijedan pokazatelj stabilnosti i samoodrživosti korisnika javnih sredstava A valuable indicator of the long-term stability and self-sustainability of budget users is the ratio of “own”
them. The following table shows trend of autonomy indicators in the observed period 2016-
predstavlja omjer „vlastitih“ prihoda u ukupnim prihodima. Razlike među korisnicima javnih sredstava u revenues to total revenues. The differences between budget users in value of this indicator may be
2018.
vrijednosti ovog pokazatelja mogu biti evidentne, tako da veću informativnu vrijednost ima trend, nego evident, so the trend is more informative than the comparison between them. The following table shows
međusobna uporedba. U narednoj tabeli je predstavljen trend kretanja pokazatelja autonomnosti u the trend of autonomy indicators in the observed period 2016-2018:
posmatranom periodu 2016-2018. godina: Year 2016 2017 2018
The ratio of own income activity 13,81% 13,73% 12,40%
Godina 2016 2017 2018 Year 2016 2017 2018
13,73%
12,40%
Own revenue ratio
Omjer vlastitih prihoda 13,81% 13,73% 12,40% Finally, similar to companies, associations and foundations, the operating efficiency of budget
13,81%
Naposljetku, slično privrednim društvima, te udruženjima i fondacijama, operativna efikasnost
users will be reflected in the indicators of savings, financial performance and employee costs.
Finally, similar to companies and associations and foundations, the operating efficiency of budget users
Naposljetku, slično privrednim društvima, te udruženjima i fondacijama, operativna efikasnost korisnika
korisnika javnih sredstava ogledaće se u pokazateljima uštede, finansijskog rezultata i troškova
javnih sredstava ogledaće se u pokazateljima uštede, finansijskog rezultata i troškova zaposlenih.
will be reflected in the indicators of savings, financial performance and employee costs. The following
The following table shows the savings indicator (the ratio of excess income to total revenues)
zaposlenih. U narednoj tabeli prikazani su pokazatelj uštede (omjer viška prihoda i ukupnih prihoda) i
U narednoj tabeli prikazani su pokazatelj uštede (omjer viška prihoda i ukupnih prihoda) i pokazatelj
table shows the savings indicator (the ratio of excess revenue to total revenue) and the indicator of
and the indicator of financial result (ratio of excess income to total assets) for the budget users
pokazatelj finansijskog rezultata (omjer viška prihoda i ukupne imovine) za korisnike javnih sredstava
finansijskog rezultata (omjer viška prihoda i ukupne imovine) za korisnike javnih sredstava koji su ostvarili
financial result (ratio of excess revenue to total assets) for the budget users who generated excess
koji su ostvarili višak prihoda nad rashodima. who generated excess revenues over expenses.
revenue over expenses.
višak prihoda nad rashodima.
2016
2016
Godina
2017
Godina 2016 2017 2017 2018 2018 Year Year 2016 2017 2018 2018
19,85%
31,69%
19,85%
The ratio of savings-revenue
Pokazatelj uštede - prihod
31,69%
Pokazatelj uštede - prihod 31,69% 19,85% 11,98% 11,98% The savings - revenue ratios 31,69% 19,85% 11,98% 11,98%
11,18%
11,18%
Pokazatelj finansijskog rezultata - prihod 16,96% 11,18% 6,61% 6,61% The financial result - revenue ratio 16,96% 11,18% 6,61% 6,61%
The ratio of financial effect-revenues
16,96%
Pokazatelj finansijskog rezultata - prihod
16,96%
Kretanje pokazatelja pozitivnog finansijskog rezultata korisnika Indicator of positive financial result for budget users in Federation of
javnih sredstava u FBiH (2016-2018) Bosnia and Herzegovina (2016-2018)
35% 35%
30% 30%
25% 25%
20% 20%
15% 15%
10% 10%
5% 5%
2016 2017 2018 2016 2017 2018
Godina Year
Pokazatelj uštede - prihod Pokazatelj finansijskog rezultata - prihod The ratio of savings-revenues The ratio of financial effect-revenues

These two indicators can be compared with operating margin and return on assets (ROA)
Ova dva pokazatelja mogu biti uporediva sa pokazateljima operativne marže i prinosom na imovinu
indicators, which are recorded and valued in the case of companies, with reserve arising from
(ROA), koji se iskazuju i vrednuju u slučaju privrednih društava, naravno, uz rezervu koja proizlazi iz
fact that profit is not primary objective of budget users. In this case, too, the trend may have
činjenice da profit nije osnovni cilj funkcionisanja korisnika javnih sredstava. I u ovom slučaju, trend
može imati veći informativni značaj, nego apsolutna vrijednost. more informative significance than absolute value. 11
U narednoj tabeli prikazani su isti pokazatelji, ali za korisnike javnih sredstava koji su ostvarili višak
rashoda nad prihodima (omjer viška rashoda i ukupnih prihoda, te omjer viška rashoda i ukupne
Knjiga 3-budzat-A.indd 11 06/11/2019 08:58
imovine).
Godina 2016 2017 2018 6

Pokazatelj uštede - rashod -32,05% -41,62% -47,62%
Pokazatelj finansijskog rezultata - rashod -17,16% -23,43% -26,25%