{"id":1141,"date":"2016-08-16T11:00:05","date_gmt":"2016-08-16T10:00:05","guid":{"rendered":"http:\/\/www.ci-api.stage2.goodshape.cz\/?page_id=1141"},"modified":"2019-05-30T15:11:46","modified_gmt":"2019-05-30T13:11:46","slug":"faq-cba","status":"publish","type":"page","link":"https:\/\/apiagentura.gov.cz\/cs\/faq\/faq-cba\/","title":{"rendered":"FAQ &#8211; CBA &#8211; Anal\u00fdza n\u00e1klad\u016f a p\u0159\u00ednos\u016f"},"content":{"rendered":"<p><\/p>\n<ul>\n<li style=\"text-align: left;\"><strong>Jak\u00fdm zp\u016fsobem se CBA pod\u00e1v\u00e1?<\/strong><\/li>\n<\/ul>\n<p>Anal\u00fdzu CBA \u017eadatel\u00e9 vypl\u0148uj\u00ed p\u0159\u00edmo v aplikaci IS KP14+. Postup vypln\u011bn\u00ed CBA v aplikaci IS KP14+ naleznete v\u00a0prezentaci, kter\u00e1 je k dispozici <a href=\"https:\/\/www.apiagentura.gov.cz\/wp-content\/uploads\/2018\/05\/CBA_prezentace-semin\u00e1\u0159-API25052018.pptx\">zde<\/a>.<\/p>\n<ul>\n<li style=\"text-align: left;\"><strong>Je povinn\u00e9 vypl\u0148ovat citlivostn\u00ed anal\u00fdzu?<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Citlivostn\u00ed anal\u00fdza nen\u00ed povinn\u00e1 pro \u00fa\u010dely hodnocen\u00ed CBA.\u00a0Tuto z\u00e1lo\u017eku \u017eadatel vypl\u0148ovat nemus\u00ed, jedn\u00e1 se o informativn\u00ed n\u00e1stroj pro testov\u00e1n\u00ed CBA; nap\u0159. \u017eadatele zaj\u00edm\u00e1, k\u00a0jak velk\u00e9 zm\u011bn\u011b ukazatel\u016f investice dojde p\u0159i zad\u00e1n\u00ed poklesu provozn\u00edch v\u00fdnos\u016f o 10% nebo k\u00a0n\u00e1r\u016fstu osobn\u00edch n\u00e1klad\u016f o 5%.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Pozd\u011bj\u0161\u00ed zah\u00e1jen\u00ed provozov\u00e1n\u00ed investice<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Je zcela b\u011b\u017en\u00e9, \u017ee k\u00a0prvn\u00edm v\u00fdnos\u016fm investice dojde se zpo\u017ed\u011bn\u00edm oproti zah\u00e1jen\u00ed realizace projektu; v\u00a0takov\u00e9m p\u0159\u00edpad\u011b bude m\u00edt projekt v\u00a0prvn\u00edch letech pouze investi\u010dn\u00ed (p\u0159\u00edp. neinvesti\u010dn\u00ed) n\u00e1klady a a\u017e v\u00a0dal\u0161\u00edch letech p\u0159ibudou provozn\u00ed v\u00fdnosy a n\u00e1klady.<\/p>\n<p style=\"text-align: left;\">Nen\u00ed v\u0161ak mo\u017en\u00e9, aby byly ve v\u0161ech polo\u017ek\u00e1ch prvn\u00edho roku (investi\u010dn\u00ed n\u00e1klady, zdroje, provozn\u00ed v\u00fdnosy a n\u00e1klady) vypln\u011bny pouze nuly. V\u00a0takov\u00e9mto p\u0159\u00edpad\u011b je t\u0159eba posunout za\u010d\u00e1tek referen\u010dn\u00edho obdob\u00ed do roku, kdy vzniknou prvn\u00ed n\u00e1klady \u010di v\u00fdnosy.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Kam m\u00e1m vyplnit neinvesti\u010dn\u00ed n\u00e1klady?<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">N\u00e1klady projektu \u010dlen\u00edme pro \u00fa\u010dely CBA\u00a0na\u00a0investi\u010dn\u00ed,\u00a0neinvesti\u010dn\u00ed a provozn\u00ed,\u00a0dal\u0161\u00ed \u010dlen\u011bn\u00ed je na\u00a0zp\u016fsobil\u00e9 a nezp\u016fsobil\u00e9.<\/p>\n<p style=\"text-align: left;\">Investi\u010dn\u00ed\u00a0v\u00fddaje\u00a0a zdroje se v jednotliv\u00fdch letech mus\u00ed rovnat.<\/p>\n<p style=\"text-align: left;\">Neinvesti\u010dn\u00ed n\u00e1klady jsou \u010dasto z\u00e1rove\u0148 provozn\u00ed, ale nemus\u00ed tomu b\u00fdt v\u017edy (nap\u0159. jednor\u00e1zov\u00e9 poradenstv\u00ed). CBA obsahuje z\u00e1lo\u017eky k investi\u010dn\u00edm a k provozn\u00edm n\u00e1klad\u016fm.\u00a0Do provozn\u00edch n\u00e1klad\u016f\u00a0\u017eadatel vypl\u0148uje v\u0161echny neinvesti\u010dn\u00ed n\u00e1klady.<\/p>\n<p style=\"text-align: left;\">Na z\u00e1lo\u017ece\u00a0Investice a zdroje\u00a0\u017eadatel nem\u00e1 mo\u017enost vyplnit neinvesti\u010dn\u00ed n\u00e1klady,\u00a0pouze\u00a0investi\u010dn\u00ed\u00a0(a\u0165 u\u017e zp\u016fsobil\u00e9, nebo ne). Neinvesti\u010dn\u00ed \u010d\u00e1st n\u00e1klad\u016f, nap\u0159.\u00a0mzdov\u00e9 n\u00e1klady,\u00a0\u017eadatel vypln\u00ed na z\u00e1lo\u017ece\u00a0Provozn\u00ed n\u00e1klady a v\u00fdnosy\u00a0jako provozn\u00ed n\u00e1klad Mzdy\u00a0(a\u0165 u\u017e zp\u016fsobil\u00e9, nebo ne).<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>M\u00e1m vypl\u0148ovat odpisy?<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Odpisy jsou investi\u010dn\u00ed n\u00e1klady po ode\u010dten\u00ed dotace rozepsan\u00e9 do n\u011bkolika let podle za\u0159azen\u00ed majetku do odpisov\u00e9 skupiny. CBA ale po\u010d\u00edt\u00e1 s\u00a0celkov\u00fdm v\u00fddajem hned v\u00a0dan\u00e9m roce, proto se odpisy do\u00a0CBA nevypl\u0148uj\u00ed.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>M\u00e1m po\u010d\u00edtat s DPH?<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">DPH je v\u00fdjimkou z\u00a0nezp\u016fsobil\u00fdch v\u00fddaj\u016f a do CBA se neuv\u00e1d\u00ed; jinak CBA po\u010d\u00edt\u00e1 s\u00a0celkov\u00fdmi zp\u016fsobil\u00fdmi i nezp\u016fsobil\u00fdmi v\u00fddaji cel\u00e9ho projektu.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>DPPO\/DPFO<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">CBA nepo\u010d\u00edt\u00e1 se zdan\u011bn\u00edm zisku, kter\u00fd bude vznikat v\u00a0souvislosti s\u00a0provozem investice. Ukazatele z\u00a0toho d\u016fvodu mohou vych\u00e1zet l\u00e9pe, ne\u017e v\u00a0re\u00e1lu.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Sektor pro referen\u010dn\u00ed obdob\u00ed (RO)<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Pokud je v\u00edce sektor\u016f, kter\u00e9 odpov\u00eddaj\u00ed povaze projektu, \u017eadatel zvol\u00ed takov\u00e9 RO, kter\u00e9 svou d\u00e9lkou nejl\u00e9pe odpov\u00edd\u00e1 d\u00e9lce provozov\u00e1n\u00ed projektu.<\/p>\n<p style=\"text-align: left;\">Pokud v r\u00e1mci projektu doch\u00e1z\u00ed k n\u011bkolika \u010dinnostem, \u017eadatel zvol\u00ed RO podle p\u0159eva\u017euj\u00edc\u00ed \u010d\u00e1sti z hlediska n\u00e1klad\u016f projektu.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>D\u00e9lka referen\u010dn\u00edho obdob\u00ed (RO)<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">D\u00e9lka RO je takov\u00e1, jak\u00e1 je p\u0159edpokl\u00e1dan\u00e1 doba \u017eivotnosti projektu. Pouze pokud je \u017eivotnost projektu del\u0161\u00ed, ne\u017e maxim\u00e1ln\u00ed d\u00e9lka referen\u010dn\u00edho obdob\u00ed dan\u00e1 sektorem pro referen\u010dn\u00ed obdob\u00ed, zapo\u010d\u00edt\u00e1 do CBA \u017eadatel zbyl\u00e9 roky jako tzv. \u201ez\u016fstatkovou hodnotu\u201c na z\u00e1lo\u017ece Z\u016fstatkov\u00e1 hodnota.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>P\u0159\u00edli\u0161 dlouh\u00e9 RO<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">\u017dadatel nem\u00e1 povinnost vyplnit v\u0161echny sloupce. Pokud je minim\u00e1ln\u00ed po\u010det let RO p\u0159\u00edli\u0161 vysok\u00fd, posledn\u00ed roky lze vyplnit nulami.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Prom\u00edtnut\u00ed v\u00fdsledk\u016f za \u0161ir\u0161\u00ed \u010d\u00e1st provozu do CBA<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Z d\u016fvodu obt\u00ed\u017en\u00e9ho vy\u010d\u00edslen\u00ed p\u0159\u00ednos\u016f projektu lze v\u00a0od\u016fvodn\u011bn\u00fdch p\u0159\u00edpadech zahrnout do CBA v\u00fdsledky nikoliv pouze za izolovan\u00fd projekt, ale za v\u011bt\u0161\u00ed \u010d\u00e1st podniku. V\u00a0takov\u00e9m p\u0159\u00edpad\u011b je pot\u0159eba uv\u00e9st nejen celkov\u00e9 provozn\u00ed v\u00fdnosy, ale tak\u00e9 celkov\u00e9 provozn\u00ed n\u00e1klady.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Projekty, v r\u00e1mci kter\u00fdch doch\u00e1z\u00ed k \u00faspor\u00e1m energi\u00ed<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Do v\u00fdnos\u016f projektu vypl\u0148uje \u017eadatel \u00fasporu energie dle energetick\u00e9ho posudku, tedy o kolik se sn\u00ed\u017e\u00ed n\u00e1klady na energie oproti dosavadn\u00edmu stavu.<\/p>\n<p style=\"text-align: left;\">Do v\u00fdnos\u016f projektu lze vedle \u00faspor energie d\u00e1le zapo\u010d\u00edtat n\u00e1sleduj\u00edc\u00ed:<\/p>\n<ul>\n<li>\u010d\u00e1stku uspo\u0159enou v\u00a0budouc\u00edch jednotliv\u00fdch letech za pron\u00e1jem vyhovuj\u00edc\u00edch prostor, a to od doby, kdy nap\u0159. st\u00e1vaj\u00edc\u00ed budovu z\u00a0technick\u00fdch d\u016fvod\u016f ji\u017e nebude mo\u017en\u00e9 vyu\u017e\u00edvat,<\/li>\n<li>provoz, kter\u00fd po dokon\u010den\u00ed projektu bude prob\u00edhat v\u00a0budov\u011b a kter\u00fd by zde bez realizace projektu prob\u00edhat nemohl (nutn\u00e9 zahrnout v\u00fdnosy i n\u00e1klady takov\u00e9ho provozu),<\/li>\n<li>p\u0159edpokl\u00e1dan\u00e9 p\u0159\u00edjmy z prodeje st\u00e1vaj\u00edc\u00ed technologie, kter\u00e1 bude nahrazena novou; p\u0159\u00edjem z\u00a0prodeje st\u00e1vaj\u00edc\u00ed technologie je nutn\u00e9 sn\u00ed\u017eit o \u00fa\u010detn\u00ed z\u016fstatkovou hodnotu, proto\u017ee ta nem\u016f\u017ee b\u00fdt pova\u017eov\u00e1na za v\u00fdnos projektu, ale jde o vr\u00e1cen\u00ed prost\u0159edk\u016f investovan\u00fdch v\u00a0minulosti do jin\u00e9ho projektu.<\/li>\n<\/ul>\n<p style=\"text-align: left;\">Tabulka \u201eRozd\u00edlov\u00e1 varianta provozn\u00edch n\u00e1klad\u016f\u201c bude obsahovat pouze n\u00e1klady nad r\u00e1mec dosavadn\u00edch n\u00e1klad\u016f (nap\u0159. n\u00e1kladov\u00e9 \u00faroky, \u00fadr\u017ebu za\u0159\u00edzen\u00ed apod.). Pokud se ale rozhodnete z\u00a0d\u016fvodu v\u011bt\u0161\u00ed p\u0159ehlednosti vypl\u0148ovat Nulovou a Investi\u010dn\u00ed variantu (spot\u0159eba energie bude v\u00a0n\u00e1kladech), \u00faspora bude vyj\u00e1d\u0159ena jako z\u00e1porn\u00e1 hodnota v\u00a0\u0159\u00e1dku Provozn\u00ed n\u00e1klady.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Projekty t\u00fdkaj\u00edc\u00ed se nemovitost\u00ed<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Pokud projekt generuje \u00fasporu provozn\u00edch n\u00e1klad\u016f, bude uvedena s kladn\u00fdm znam\u00e9nkem jako provozn\u00ed v\u00fdnos. Jako provozn\u00ed v\u00fdnos je mo\u017en\u00e9 pou\u017e\u00edt i v\u00fdnosy z \u010dinnosti, kter\u00e1 bude v nemovitosti prob\u00edhat. Lze zahrnout i nav\u00fd\u0161en\u00ed tr\u017eeb, pokud je d\u016fvodem nap\u0159. v\u011bt\u0161\u00ed skladovac\u00ed prostor. Dal\u0161\u00edm p\u0159\u00edkladem je uv\u00e9st jako v\u00fdnos \u00fasporu z placen\u00ed n\u00e1jemn\u00e9ho za dosud vyu\u017e\u00edvan\u00fd sklad.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Z\u016fstatkov\u00e1 hodnota<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Z\u00e1lo\u017eka Z\u016fstatkov\u00e1 hodnota (ZH) se pou\u017eije v\u017edy jen v p\u0159\u00edpad\u011b, \u017ee aktivum bude pou\u017e\u00edv\u00e1no (a p\u0159\u00edp. n\u00e1sledn\u011b prod\u00e1no) po dobu del\u0161\u00ed, ne\u017e je horn\u00ed hranice referen\u010dn\u00edho obdob\u00ed.<\/p>\n<p style=\"text-align: left;\">Vypln\u011bn\u00edm z\u00e1lo\u017eky ZH bude vypln\u011bn\u00e1 hodnota zahrnuta do pen\u011b\u017en\u00edch tok\u016f jako p\u0159\u00edjem posledn\u00edho roku ref. obdob\u00ed. Doporu\u010den\u00fd zp\u016fsob, jak se dopo\u010d\u00edtat likvida\u010dn\u00ed hodnoty aktiva, kter\u00e1 bude zohledn\u011bna p\u0159i stanoven\u00ed prodejn\u00ed ceny, je pomoc\u00ed \u00fa\u010detn\u00edch odpis\u016f. Prodejn\u00ed cena je \u010dist\u00fdm p\u0159\u00edjmem plynouc\u00edm z\u00a0investice, proto pat\u0159\u00ed do ZH. Likvida\u010dn\u00ed hodnota ale nebude po\u010d\u00edt\u00e1na z\u00a0po\u0159izovac\u00ed ceny (PC) sn\u00ed\u017een\u00e9 o dotaci (jako v\u00a0\u00fa\u010detnictv\u00ed), proto\u017ee p\u0159i stanoven\u00ed prodejn\u00ed ceny se tak\u00e9 nevych\u00e1z\u00ed ze sn\u00ed\u017een\u00e9 PC.<\/p>\n<p style=\"text-align: left;\">P\u0159ed prodejem ale m\u016f\u017ee b\u00fdt aktivum norm\u00e1ln\u011b pou\u017e\u00edv\u00e1no, \u010dist\u00fd p\u0159\u00edjem (v\u00fdnosy-n\u00e1klady) bude rovn\u011b\u017e zahrnut do ZH.<\/p>\n<p style=\"text-align: left;\">ZH m\u016f\u017ee b\u00fdt rozeps\u00e1na do jednotliv\u00fdch let (vlastn\u00ed v\u00fdpo\u010det ZH &#8211; ne) nebo vyj\u00e1d\u0159ena jako sou\u010det diskontovan\u00fdch p\u0159\u00edjm\u016f (vlastn\u00ed v\u00fdpo\u010det ZH &#8211; ano). \u017dadatel uvede pozn\u00e1mku o diskontov\u00e1n\u00ed do kolonky Zp\u016fsob v\u00fdpo\u010dtu.<\/p>\n<p style=\"text-align: left;\">Vlastn\u00ed v\u00fdpo\u010det z\u016fstatkov\u00e9 hodnoty\u00a0ANO<\/p>\n<p style=\"text-align: left;\">V tomto p\u0159\u00edpad\u011b \u017eadatel do z\u00e1lo\u017eky z\u016fstatkov\u00e9 hodnoty vypln\u00ed diskontovanou hodnotu v\u0161ech v\u00fdnos\u016f z dan\u00e9 investice po skon\u010den\u00ed referen\u010dn\u00edho obdob\u00ed a do kolonky \u201ezp\u016fsob v\u00fdpo\u010dtu\u201c uvede, \u017ee se jedn\u00e1 o diskontovanou hodnotu.<\/p>\n<p style=\"text-align: left;\">Vlastn\u00ed v\u00fdpo\u010det z\u016fstatkov\u00e9 hodnoty\u00a0NE (doporu\u010den\u00e1 varianta)<\/p>\n<p style=\"text-align: left;\">V\u00a0tomto p\u0159\u00edpad\u011b je t\u0159eba vyu\u017e\u00edt maxim\u00e1ln\u00ed d\u00e9lku referen\u010dn\u00edho obdob\u00ed pro vypln\u011bn\u00ed v\u0161ech v\u00fdnos\u016f a n\u00e1klad\u016f. \u010cist\u00fd pen\u011b\u017en\u00ed tok, kter\u00fd projekt p\u0159inese v\u00a0jednotliv\u00fdch letech po konci referen\u010dn\u00edho obdob\u00ed, vypln\u00ed \u017eadatel do jednotliv\u00fdch sloupc\u016f, kde 1. rok na z\u00e1lo\u017ece Z\u016fstatkov\u00e1 hodnota odpov\u00edd\u00e1 1. roku po skon\u010den\u00ed referen\u010dn\u00edmu obdob\u00ed (nap\u0159. u referen\u010dn\u00edho obdob\u00ed 15 let odpov\u00edd\u00e1 1. rok na z\u00e1lo\u017ece Z\u016fstatkov\u00e1 hodnota 16. roku). V t\u00e9to variant\u011b syst\u00e9m s\u00e1m provede diskontov\u00e1n\u00ed polo\u017eek.<\/p>\n<p style=\"text-align: left;\">Teoretick\u00fd p\u0159\u00edklad:\u00a0Po\u0159\u00edzen\u00ed nemovitosti za 10 mil. K\u010d, \u017eivotnost nemovitosti se odhaduje na 20 let \u2013 \u00fa\u010d. odepisov\u00e1n\u00ed 20 let. Na konci 17. roku bude dle pl\u00e1nu nemovitost prod\u00e1na. \u00da\u010detn\u00ed odpis je 500.000 ro\u010dn\u011b. Prodejn\u00ed cena nemovitosti je (nap\u0159. na z\u00e1klad\u011b z\u016fst. hodnoty) je odhadov\u00e1na na 1.500.000. \u010cist\u00fd ka\u017edoro\u010dn\u00ed zisk z\u00a0provozu v\u00a0letech 16 a 17 je 250.000.<\/p>\n<p style=\"text-align: left;\">ZH = diskontovan\u00e1 hodnota 250.000 + diskontovan\u00e1 hodnota 250.000 + diskontovan\u00e1 hodnota 1.500.000.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Financov\u00e1n\u00ed provozn\u00ed ztr\u00e1ty<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Do provozn\u00edch p\u0159\u00edjm\u016f byla p\u0159id\u00e1na polo\u017eka Financov\u00e1n\u00ed provozn\u00ed ztr\u00e1ty. Vypln\u011bn\u00edm dodate\u010dn\u00fdch finan\u010dn\u00edch zdroj\u016f do t\u00e9to polo\u017eky dos\u00e1hne \u017eadatel toho, \u017ee se na z\u00e1lo\u017ece Udr\u017eitelnost pro FA zm\u011bn\u00ed ukazatel \u201eudr\u017eitelnost\u201c z\u00a0Ne (k\u0159\u00ed\u017eek) na Ano (fajfka). Tato polo\u017eka ale nevstupuje do hodnocen\u00ed CBA.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Ekonomick\u00e1 anal\u00fdza p\u0159i hodnocen\u00ed CBA<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Ekonomick\u00e1 anal\u00fdza, pokud je u projektu po\u010d\u00edt\u00e1na, m\u00e1 p\u0159i hodnocen\u00ed p\u0159ednost p\u0159ed Finan\u010dn\u00ed anal\u00fdzou.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Za\u0159azen\u00ed polo\u017eek do investi\u010dn\u00edch n\u00e1klad\u016f<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">M\u016f\u017ee se st\u00e1t, \u017ee pro n\u011bkter\u00e9 po\u0159izovan\u00e9 investice neexistuje odpov\u00eddaj\u00edc\u00ed polo\u017eka v\u00a0tabulce Investi\u010dn\u00ed n\u00e1klady. Nap\u0159. v\u00a0p\u0159\u00edpad\u011b po\u0159\u00edzen\u00ed softwaru je mo\u017en\u00e9 takov\u00fd investi\u010dn\u00ed v\u00fddaj za\u0159adit do polo\u017eky HW a s\u00edt\u011b. Za\u0159azen\u00ed nem\u00e1 vliv na v\u00fdpo\u010det ukazatel\u016f.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Hodnocen\u00ed p\u0159\u00edli\u0161 ziskov\u00fdch projekt\u016f<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Pokud je projekt dostate\u010dn\u011b rentabiln\u00ed s\u00e1m o sob\u011b bez zapo\u010dten\u00ed dotace, bude tato skute\u010dnost hodnocena negativn\u011b v\u00a0koment\u00e1\u0159i, kter\u00fd je podkladem pro dal\u0161\u00ed hodnocen\u00ed.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Projekt vs. Investice<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Pro \u00fa\u010dely CBA naz\u00fdv\u00e1me \u201eprojektem\u201c nejen dobu realizace + udr\u017eitelnost, ale provozov\u00e1n\u00ed do konce \u017eivotnosti aktiva, tyto pojmy jsou pro n\u00e1s synonyma.<\/p>\n<p style=\"text-align: left;\">Rozli\u0161ujeme v\u00a0z\u00e1sad\u011b 2 f\u00e1ze projektu: realizace (v\u00fdstavba budovy, po\u0159\u00edzen\u00ed stroje apod.) a provozov\u00e1n\u00ed.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Nej\u010dast\u011bj\u0161\u00ed chyby v CBA<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: left;\">Mezi nej\u010dast\u011bj\u0161\u00ed chyby \u017eadatel\u016f p\u0159i vypl\u0148ov\u00e1n\u00ed CBA pat\u0159\u00ed n\u00e1sleduj\u00edc\u00ed:<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">&#8211; zapo\u010d\u00edt\u00e1n\u00ed spl\u00e1tky jistiny \u00fav\u011bru do finan\u010dn\u00edch n\u00e1klad\u016f (pat\u0159\u00ed sem pouze \u00faroky, poji\u0161t\u011bn\u00ed majetku apod.),<br \/>\n&#8211; pou\u017eit\u00ed z\u00e1lo\u017eky Z\u016fstatkov\u00e1 hodnota, ani\u017e byla vyu\u017eita maxim\u00e1ln\u00ed d\u00e9lka referen\u010dn\u00edho obdob\u00ed dan\u00e1 sektorem pro referen\u010dn\u00ed obdob\u00ed,<br \/>\n&#8211; v\u00a0prvn\u00edm roce nejsou uvedeny \u017e\u00e1dn\u00e9 investi\u010dn\u00ed ani provozn\u00ed n\u00e1klady nebo provozn\u00ed v\u00fdnosy \u2013 selh\u00e1v\u00e1 v\u00fdpo\u010det n\u011bkter\u00fdch ukazatel\u016f,<br \/>\n&#8211; \u010d\u00e1stky v\u00a0CBA (nap\u0159. v\u00fd\u0161e dotace) neodpov\u00eddaj\u00ed \u010d\u00e1stk\u00e1m v\u00a0rozpo\u010dtu projektu.<\/p>\n<ul style=\"text-align: left;\">\n<li style=\"text-align: justify;\"><strong>Co je to investi\u010dn\u00ed, nulov\u00e1 a rozd\u00edlov\u00e1 varianta?<\/strong><\/li>\n<\/ul>\n<p>P\u0159\u00edklad pou\u017eit\u00ed investi\u010dn\u00ed, nulov\u00e9 a rozd\u00edlov\u00e9 varianty je k dispozici v p\u0159\u00edloze <a href=\"https:\/\/www.apiagentura.gov.cz\/wp-content\/uploads\/2016\/11\/Srovn\u00e1n\u00ed-variant-v-CBA.pdf\" target=\"_blank\" rel=\"noopener\">zde.<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Jak\u00fdm zp\u016fsobem se CBA pod\u00e1v\u00e1? Anal\u00fdzu CBA \u017eadatel\u00e9 vypl\u0148uj\u00ed p\u0159\u00edmo v aplikaci IS KP14+. Postup vypln\u011bn\u00ed CBA v aplikaci IS KP14+ naleznete v\u00a0prezentaci, kter\u00e1 je k dispozici zde. Je povinn\u00e9 vypl\u0148ovat citlivostn\u00ed anal\u00fdzu? Citlivostn\u00ed anal\u00fdza nen\u00ed povinn\u00e1 pro \u00fa\u010dely hodnocen\u00ed CBA.\u00a0Tuto z\u00e1lo\u017eku \u017eadatel vypl\u0148ovat nemus\u00ed, jedn\u00e1 se o informativn\u00ed n\u00e1stroj pro testov\u00e1n\u00ed CBA; nap\u0159. \u017eadatele [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":422,"menu_order":21,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"class_list":["post-1141","page","type-page","status-publish","hentry"],"publishpress_future_action":{"enabled":false,"date":"2026-07-02 01:18:04","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/pages\/1141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/comments?post=1141"}],"version-history":[{"count":0,"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/pages\/1141\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/pages\/422"}],"wp:attachment":[{"href":"https:\/\/apiagentura.gov.cz\/cs\/wp-json\/wp\/v2\/media?parent=1141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}