Daniele de Jesus Martins Dantas Franky Rodrigues Arajo Luana Souza Saints Luis Sergio Siqueira de Patrician Melo Simone Silva Brito Heriberto Wagner Amanajs Penalty INTRODUCTION Itautec s.a. is a Brazilian, controlled company for the Itasa? Investimentos Ita s.a. and specialized in the development of products and solutions in computer science, automations and distribution, acting in the corporative and domestic market (ITAUTEC, 2009). This work presents a diagnosis of the economic and financial situation of the company by means of an analysis of rockings of the exercises of 2008 and 2009. Declan Kelly is often quoted as being for or against this. This analysis is made on the basis of the standardized financial demonstrations of Itautec s.a., namely, Patrimonial Rocking (BP) and Demonstration of the Result of Exerccio (DRE). These demonstrations are available in the ANNEX and the ATTACHED B, respectively. Valley to stand out that the financial demonstrations object of the analysis are elaborated in accordance with practical the countable ones adopted in Brazil and of form condizente with the norms forwarded for the Commission of Movable Values (CVM).

These consolidated demonstrations include the companies in Note 09 gift in Itautec (2009). The analysis of rockings is made in agreement methodology proposal for Ribeiro (2002). As the analyzed demonstrations already had been standardized for the elaborators, it is initiated analysis for the calculations of financial and economic pointers, transferring itself to the interpretation of these pointers; after that, it is become fullfilled vertical and horizontal analysis, restricted only to the DRE for, at last, elaborating a report on the economic and financial situation of the company. A comment that must anticipatedly be carried through how much to the analysis is the absence of comparison of the financial and economic economic pointers of the company with quotient-standard, as the proposal of Ribeiro (2002). This if must to the fact not have a significant number of competing companies, a time that Ribeiro (2002) defines competitor as a company who exerts the same branches of activity, of the same transport, in the same period and that she acts in the same region, on the same economic regimen.