Every company has a unique life cycle. Throughout the life cycle, companies are tracking successes and failures, depending on the various factors that affect their business. Situations such as financial distress, idleness or bankruptcy represent the fundamental levels of the life cycle of a company. The purpose of the paper is to present the financial restructuring of the company in business problems on the example of the Agrokor Group. This paper analyzes the operations of Agrokor Group from 2007 to 2017, ie it is divided into business analysis prior to the extraordinary administration and in the procedure of extraordinary administration. The characteristics of the Agrokor Group's operations prior to the extraordinary administration are: low liquidity and negative working capital throughout the observed period, extended payment of obligations to suppliers ranging from 110 to 211 days, ie 156 days on average, increased indebtedness and high indebtedness and insolvency in 2016, solid Group's activity ratios, positive profitability by 2015. With the arrival of an extraordinary administration, inappropriate corporate governance has been identified, and audit results show that accounting irregularities and potential illegal actions have been identified. Claims recognized amounted to HRK 31.04 billion, while disputed claims amounted to HRK 10.4 billion. The Group took a financial arrangement in the amount of EUR 1.06 billion with the super senior status. In addition, the complex structure of claims is emphasized. Bearing in mind all the above, the Group's financial restructuring is possible with the new corporate structure, the new capital structure, the allocation of financial instruments to stakeholders. Returns to creditors should be defined by the entity's priority model. Group value would be distributed among stakeholders based on their legal rights, ie the model's rank. The value of each claim claimed is determined by the share of the total distributable value that it needs to receive. After that, it will be determined how many depositary receipts and the exchangeable bonds each creditor receives.