THE FINANCIAL SITUATION OF THE FOOD INDUSTRY IN POLAND IN COMPARISON WITH 2005 AND 2010

The aim of the article was to assess the financial situation of branches in the food industry in Poland in 2005 and 2010. This study was based on the unpublished statistics of the Central Statistical Office. The article used nine financial ratios to present and assess the financial situation of branches in the food industry sector. Their financial situation in comparison with 2005, slightly improved in 2010 both in terms of profitability and current asset management. The distribution of branches in the food industry indicated that a vast majority of them had a similar approach to the risk associated with borrowed capital used to finance their business activity and had a conservative trade credit strategy