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N 435  ?>@O4:5 8 CA;>28OE ?@>2545=8O 2 2003 3>4C @5AB@C:BC@870F88 8 A?8A0=8O 704>;65==>AB8 N@848G5A:8E ;8F, AC1J5:B>2 >AA89A:>9 $545@0F88 8 <C=8F8?0;L=KE >1@07>20=89 ?> ?@82;5G5==K< >AA89A:>9 $545@0F859 F5;52K< 8=>AB@0==K< :@548B0< (708<AB2>20=8O<) 8 :@548B0< (AAC40<) 2 8=>AB@0==>9 20;NB5, ?@54>AB02;5==K< 70 AG5B A@54AB2 D545@0;L=>3> 1N465B0. >AB0=>2;5=85 @028B5;LAB20 $ >B 23.10.2002 3. N 768 1 87<5=5=88 A@>:0 ?>40G8 70O2;5=89 > ?@54>AB02;5=88 ?@020 =0 @5AB@C:BC@870F8N 704>;65==>AB8 =5:>B>@KE N@848G5A:8E ;8F. @8;>65=85 ! 2 : @0A?>@O65=8N $#() >B 5.12.1994 ! 98-@ 5B>48G5A:85 @5:><5=40F88 ?> A>AB02;5=8N ?;0=>2 D8=0=A>2>3> >74>@>2;5=8O. 1@NB8=0 . !., @0G52 . . =0;87 D8=0=A>2>-M:>=><8G5A:>9 45OB5;L=>AB8 ?@54?@8OB8O: #G51=>-?@0:B8G5A:>5 ?>A>185. - 2-5 874., 8A?@. - .; 74-2> 5;> 8 A5@28A, 2003. - A.256. Altman E.I. Financial Rations. Discriminent Analysis, and the Prediction of Corporate Bankruptcy.//Journal of Finance, September 1968 Altman E.I., Haldeman R.G., Narayanan P. Zeta Analysis: A New Model to Identify Bankruptcy Risk of Corporation.//Journal of Banking and Finance, June 1977 @<AB@>=3 . A=>2K <5=546<5=B0. 0: AB0BL ;CGH8< @C:>2>48B5;5<. >AB>2-=0->=C: $5=8:A, 1998A. 196. 0=4C@8= . ., 0@8F:89 . . @>1;5<K C?@02;5=8O =5A>AB>OB5;L=K<8 ?@54?@8OB8O<8 2 CA;>28OE ?5@5E>4=>9 M:>=><8:8.  .: 0C:0 8 M:>=><8:0, 1999.  A.164 Beaver W.H. Financial Rations and Predictions of Failure.//Empirical Research in Accounting Selected Studies, Supplement to Journal of Accounting Research, 1996. @83E5= .., 0?5=A:8 . $8=0=A>2K9 <5=546<5=B: >;=K9 :C@A.  2-E B./5@. A 0=3;.  !1.: -:>=><8G5A:0O H:>;0, 20023. A.512. @83>@L52 ... @>1;5<K >?@545;5=8O ?;0B565A?>A>1=>AB8 ?@54?@8OB8O// >=AC;LB0=B, ! 23, 2002. !. 84-88 @83>@L52 ... 5=B015;L=>ABL ?@54?@8OB8O 8 ?@>1;5<K A>25@H5=AB2>20=8O >BG5B=>AB8// >=AC;LB0=B, ! 21, 2002. !. 83-88. =B8:@878A=K9 <5=546<5=B./>4 @54. ?@>D. @O7=>2>9 ..- .: AA>F80F8O 02B>@>2 8 8740B5;59  "  . 740B5;LAB2> -!. 2001.  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