Average for Michalovce

20062007200820092010201120122013
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Overall financial health
4,7
  
Basic balance
3,3
  
Debt service
5,6
  
Total debt
5,2
  
Obligations at least 60 days overdue
–
  
Immediate liquidity
4,6
 
 
Financial indicators
 
Main indicators
  
Basic balance
3,1
-1,5 %
  
Debt service
5,7
2,6 %
  
Total debt
5,2
15,7 %
  
Obligations at least 60 days overdue
–
–
  
Immediate liquidity
4,5
10 448,7 %
 
Other indicators
  
Current account balance
4,6
8,7 %
  
Capital account balance
 
-585,6 %
  
Overdue obligations to income ratio
–
–
  
Net assets
3,0
327,4 %
  
Quick ratio
4,5
11 537,3 %
  
SHDF loans per revenues
6,0
0,8 %
 
Indicators per inhabitant
  
Basic balance per resident
 
-6 €
  
Total debt per resident
 
53 €
  
Net assets per resident
 
1 156 €
  
Profit per resident
 
11 €
 
Input financial data
 
Revenues and expenditures
  
Current budget revenues
51 553 624 €
  
Capital budget revenues
5 692 827 €
  
Current budget expenditure
46 191 749 €
  
Capital budget expenditure
13 805 858 €
 
Payables and receivables
  
Overdue obligations
–
  
Obligations at least 60 days overdue
–
  
Short-term receivables
3 827 451 €
  
Long-term liabilities
6 275 202 €
  
Short-term liabilities
8 807 596 €
 
Loans and accounts
  
SHDF loans
3 057 679 €
  
Non-current assets
152 082 763 €
  
Financial accounts
13 613 434 €
  
Bank loans and assistance
7 135 337 €
  
Principal repayments
1 953 215 €
  
Interest payments
217 326 €
 
Other data
  
Population
109 807
  
Profit
1 018 329 €
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The main goal of the project is to provide the public with relevant data on the financial management of each town, city and higher territorial unit since 2006. The project was created with the financial support from the Open Society Institute. We believe that increasing awareness of these figures will improve the financial management of individual towns, as the mayors will be driven to do so. With the help of the timelines, each user can compare the pursuits of the mayors to improve the town’s economy.

The data is taken from the Ministry of Finance of the Slovak Republic. They are not always data required by the law, and they can differ from the data in the towns’ accounting records. We try to detect and correct any potential differences. The data is not an assessment of the effectivity of the town’s economy, but of its sustainability.

This project was supported by a grant from the Foundation Open Society Institute in cooperation with the Think Tank Fund of the Open Society Foundations. The project is run by INEKO Institute which is a non-governmental non-profit organization established in support of economic and social reforms which aim to remove barriers to the long-term positive development of the Slovak economy and society. INEKO is not responsible for the full functionality of portals created by INEKO or third parties, or for the accuracy of data displayed on the created portals.