ASSESSMENT OF THE FINANCIAL SITUATION OF FOOD INDUSTRY IN POLAND IN 2005 AND 2010

Abstract

The article assesses the financial situation of branches of the food industry in Poland in 2005 and 2010 and provides a linear order and classification of the branches by means of synthetic development measure, which was constructed using the TOPSIS method, basing on unpublished statistics of the Central Statistical Office. As results from the research, the financial situation of individual branches of food industry sector was diversified. Four typological classes differing in profitability, indebtedness level and financial liquidity were distinguished on the basis of the synthetic measure values. In spite of increasing crisis, in comparison with 2005, in 2010 the financial situation of food industry slightly improved, both in terms of profitability and management of current assets.