For the successful development of the company and its sure growth, it is necessary to understand the business and the achieving satisfactory business results. In order to achieve these objectives it is necessary to own a quality information base which means that all companies are required to compile financial statements which must be reliable, comparable, understandable and are prepared in accordance with accounting standards and principles. The basic financial statements include: balance sheet, profit and loss account, cash flow statement, the report of changes of shareholder's equity (capital) and the notes to the financial statements. The basic instruments that are used in the analysis of the comparative financial statements are financial statements which serve as a basis for conducting horizontal analyses and structural financial statements which serve as a basis for the implementation of vertical analysis. Analysis of the financial statements can be implemented with the help of financial performance indicators, with the several different groups of indicators, which are: liquidity indicators, debt indicators, indicators of activities, indicators of efficiency, profitability and investment indicators. With the help of these instruments, which are important in preparing the financial statements, they create high-quality and realistic picture of the company, not only for management purposes, but also for the analysis of external users, and above all for the fulfillment of tax regulations.