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Metallurgical companies are specific with huge initial investment and high demand for energies and raw materials. This paper presents an analysis of profit and loss statements of Czech metallurgical companies in the period 2004 - 2012. The analysis identifies the main sources of profit or loss of these companies. The analyzed companies are divided into groups on the basis of the criterion of company size (small, middle-sized and large ones) and the primary focus of their activity (production, selling or mixed companies). The first part focuses on the structure of revenues and expenses taking into consideration the specifics of Czech Accounting principles. The analysis shows the importance of gross margin for selling companies and of added value for production companies; however there are also significant differences between the companies of different size. The analysis also reveals the roots of some losses of the companies. The second part analyses the revenues from goods and from production as the main factors of the results of the company. As the analyzed period covers the period of a financial crisis, the results are analyzed in this context to enable to find out an influence of the financial crisis.
Keywords: Revenues, Costs, Profit and Loss Statement, Czech Republic© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.