Average for cities, Michalovce

20062007200820092010201120122013
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Overall financial health
4,7
  
Basic balance
3,8
  
Debt service
5,4
  
Total debt
5,0
  
Obligations at least 60 days overdue
–
  
Immediate liquidity
4,2
 
 
Financial indicators
 
Main indicators
  
Basic balance
2,2
-4,0 %
  
Debt service
5,1
7,6 %
  
Total debt
5,0
20,0 %
  
Obligations at least 60 days overdue
–
–
  
Immediate liquidity
3,5
118,2 %
 
Other indicators
  
Current account balance
5,2
16,3 %
  
Capital account balance
 
-130,7 %
  
Overdue obligations to income ratio
–
–
  
Net assets
2,8
278,0 %
  
Quick ratio
3,4
169,2 %
  
SHDF loans per revenues
5,4
11,0 %
 
Indicators per inhabitant
  
Basic balance per resident
 
-22 €
  
Total debt per resident
 
115 €
  
Net assets per resident
 
1 559 €
  
Profit per resident
 
8 €
 
Input financial data
 
Revenues and expenditures
  
Current budget revenues
30 160 497 €
  
Capital budget revenues
4 016 856 €
  
Current budget expenditure
26 341 015 €
  
Capital budget expenditure
10 571 348 €
 
Payables and receivables
  
Overdue obligations
–
  
Obligations at least 60 days overdue
–
  
Short-term receivables
2 414 356 €
  
Long-term liabilities
5 656 858 €
  
Short-term liabilities
7 037 648 €
 
Loans and accounts
  
SHDF loans
2 852 711 €
  
Non-current assets
89 524 369 €
  
Financial accounts
8 586 158 €
  
Bank loans and assistance
4 653 143 €
  
Principal repayments
1 467 833 €
  
Interest payments
124 605 €
 
Other data
  
Population
53 654
  
Profit
177 511 €
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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.