Costs can be defined as the cash invest in work process elements or they can define three elements of the reproduction process: work, elements of work and object of work. Analysis of financial indicators is the best known and the most commonly used analysis of financial reports and it can give us an excellent review for company and best demonstrate weakness and strength of company in the business sense. Analysis with its indicators represent the first phase of financial analysis. Linking items from one or two financial reports, bookkeeping or market data, analysis of financial indicators demonstrate the link between accounts in financial reports and enables valuation financial condition and business operations of the company. In the final paper are processed two of the top ten leading companies in the food industry in the Republic of Croatia. These are companies: Ledo d.d. and Kraš d.d. The basic point for analysis are financial reports for these companies. In accordance with the Accounting Act of the Republic of Croatia these companies shall publicize his financial reports on the Zagreb Stock Exchange website. Based on financial reports are calculated a Financial indicators which are very important when companies manegment making the business decision of the companies.