This Master's Thesis evaluates development of the last city-owned brewery DUDAK - Municipal Brewery Strakonice, a.s. in the Czech Republic. Analysis of economic situation of the company takes place during 2009 - 2013. Methods of financial analysis are used for exploring the brewery. The methods are horizontal and vertical analysis, analysis of differential indicators, financial ratios and bankruptcy models. Methods of strategic analysis are used to analyse the company as well. The strategic methods are PEST analysis, Porter five forces analysis and SWOT analysis. The thesis consists of two main parts. First one is methodological and the second one is practical. The first part contains the methodology of each indicator. The second part compa...