Financial eligibility of a self owned new barn construction for dairy cows

V diplomskem delu je predstavljena finančna analiza smotrnosti investicijskega projekta za lastno kmetijo. Kmetija se ukvarja z mlečno proizvodnjo. Pri finančni oceni novogradnje hleva za krave molznice smo upoštevali dva različna scenarija. V prvem primeru je šlo za izgradnjo hleva na obstoječi lokaciji z lastnimi sredstvi in v drugem primeru za izgradnjo hleva na obstoječi lokaciji z vključenimi nepovratnimi sredstvi države. Za potrebe ocene finančne upravičenosti je bil v prvi fazi razvit tehnološko-simulacijski model prireje mleka za potrebe ocene ekonomike. Prireja mleka je na kmetiji namreč glavni vir dohodka. Na osnovi rezultatov tehnološko-ekonomskega simulacijskega modela prireje mleka ugotavljamo, da je ta na kmetiji ekonomsko upravičena, saj je lastna cena v našem primeru znašala 0,261 €/kg in koeficient ekonomičnosti 1,30. Ocena investicije s finančnega vidika je pokazala, da je investicija v novogradnjo hleva finančno upravičena le v primeru, da smo deležni 50 % nepovratnih sredstev države. Na tak način bi se nam investicija povrnila v 12 letih, saj je takrat ocenjena vrednost NSV prvič pozitivna.The diploma thesis presents a financial analysis of the expediency of an investment project for my own farm. The farm is engaged in dairy production. Two different scenarios were applied in the financial assessment of building a new barn for dairy cows. According to the first scenario, the barn would be built in the existing location with my own resourcesin the second scenario, the barn would be built in the existing location but with non-repayable government grants. For the needs of assessing the project\u27s financial justification, a technological simulation model of milk production was developed in phase one in order to assess the economics. Milk production is the main source of income on the farm. Based on the results of the technological economic simulation model of milk production, it has been determined that the latter is economically justified because it costs the farm € 0.261 per kg and has an economy coefficient of 1.30. The financial assessment of the investment has shown that the investment in building a new barn is financially justified only if 50% of it is covered by non-repayable government grants. That way, the investment would be recovered within 12 years, when the estimated NPV would be positive for the first time