Determination of upper limit for investment in cherry plantation establishment

Abstract

Investing in establishment of cherry plantation has many risks. To avoid that, or in some extent diminish the financial risk, prior to plantation it is necessary to correctly estimate the financial investments for certain growth years, as well as, expected yields during planned period of plantation exploitation. Based on reliable estimation it can be answered the following question: Which is the largest amount of financial assets, which could be invested in cherry plantation, whose exploitation during its life, as means with biological characteristics, can give positive financial effect? By determination of yield value for plantation on area of 20 hectares, this paper work is trying to determine upper limit of financial assets invested in plantation, as one way for estimation and avoidance of financial risk.

Investiranje u podizanje zasada višnje povlači brojne rizike. Da bi se izbegao, ili u izvesnoj meri ublažio finansijski rizik, potrebno je da se pre zasnivanja zasada uradi dobra procena novčanih ulaganja po pojedinim godinama uzgoja, kao i očekivanih prinosa tokom planiranog perioda eksploatacije zasada. Na bazi pouzdane procene, može da se dobije odgovor na pitanje: Koji je najveći iznos novčanih sredstava koji može da se uloži u podizanje zasada višnje, čijom eksploatacijom tokom njegovog životnog veka, kao sredstva biološkog karaktera, može da se postigne pozitivan finansijski efekat? Utvrđivanjem prinosne vrednosti za zasad na površini od 20 ha, u ovom radu je učinjen pokušaj određivanja gornje granice ulaganja novčanih sredstava u podizanje zasada, kao jedan od načina procene i izbegavanja finansijskog rizika.