Amendments to the Federal Law № 294-FL «On protecting rights of legal entities and individual entrepreneurs during the execution of the public control (supervision) and municipal control» were made by the Federal Law of April 23, 2018 № 94-FL.

According to the Amendments, during 6 months after September 1, 2018 legal entities and individual entrepreneurs, involved in assembling, exploitation and repair of elevators, platforms for the disabled, moving sideways and escalators, are obliged to inform the authorized federal executive body about carrying out these activities. This regulation is not applicable to activities involving subways escalators.

Notifications should be sent according to the order defined by the Federal Law № 294- FL of 26.12.2008.

According to the Russian Classification of Economic Activities, operating since February 1, 2014 (OKVED2), these activity types can be defined by the following codes:

28.22 Manufacture of lifting and transporting equipment, including
28.22.6 Manufacture of elevators, skip winders, escalators and moving sideways;
43.29 Other construction and assembling works, including installation or assembling of elevators and escalators in the buildings, their repair and maintenance.

According to the Information and Analytical system Globas currently more than 21 thousands of legal entities and individual entrepreneurs are carrying out these activities as main ones.

Information agency Credinform has prepared a ranking of the largest Russian manufacturers of packaging. The companies with the largest volume of annual revenue (TOP-10) have been selected for the ranking, according to the data from the Statistical Register for the latest available accounting periods (2014 — 2016). Then they have been ranked by solvency ratio (Table 1). The analysis was based on the data from the Information and Analytical system Globas.

Solvency ratio (x) is a ratio of shareholders’ equity to total assets and shows the dependence of the company on external loans. Its recommended value: >0,5. A value less than a minimum one is indicative of a dependence on external sources of funds, which may result in a liquidity crisis, unstable financial standing in the event of economic downturn.

A calculation of practical values of financial ratios, which might be considered as normal for a certain industry, has been developed and implemented in the Information and Analytical system Globas by the experts of the Information Agency Credinform, having taken into account the current situation in the economy as a whole and in the industries.

The practical value of solvency ratio of meat products manufacturers amounted from 0,01 to 0,85 in 2016.

The whole set of indicators and financial ratios is to be considered in order to get a full and comprehensive insight into a company’s financial standing.

Table 1. Net profit, revenue, solvency ratio, solvency index Globas of the largest Russian meat products manufacturers (TOP-10)

Name, INN, region	Revenue, million RUB		Net profit, million RUB		Solvency ratio (x)		Solvency index Globas
	2015	2016	2015	2016	2015	2016
1	2	3	4	5	6	7	8
Ostankinsky Meat-Processing Plant PJSC INN 7715034360 Moscow	36 764	39 569	812	928	0,85	0,93	216 Strong
ITERA NJSC INN 4003037662 Kaluga region	9 619	11 171	485	803	0,77	0,87	208 Strong
Mikoyanovsky Meat Factory NJSC INN 7722169626 Moscow	12 301	12 454	135	155	0,40	0,46	173 High
Starodvorskie sausages NJSC INN 3328426780 Vladimir region	15 197	16 507	644	307	0,25	0,25	231 Strong
Atyashevsky Meat Processing Plant LLC INN 1303066789 Republic of Mordovia	11 503	12 556	149	250	0,14	0,16	214 Strong
Poultry Factory LLC INN 2631029799 Stavropol territory	11 733	11 613	69	95	0,09	0,10	242 Strong
Agro-Belogorie Meat Processing Plant LLC INN 3123183960 Belgorod region	17 480	15 675	-11	55	0,01	0,02	248 Strong
Belaya Ptica-Kursk LLC INN 4604006115 Kursk region	10 696	11 424	-27	29	0,00	0,01	276 Medium
Cherkizovsky Meat Processing Plant NJSC INN 7718013714 Moscow	29 953	32 430	-881	-1 759	0,10	-0,08	288 Medium
Velikoluksky Meat Plant PJSC INN 6025009824 Pskov region	15 737	17 250	-1 105	807	-0,36	-0,29	240 Strong
Total for TOP-10 companies	172 998	182 665	2 285	3 686
Average value for TOP-10 companies	17 300	18 267	229	369	0,23	0,24
Average industry value	205	211	2	2	0,14	0,21

Average value of solvency ratio for TOP-10 companies is above the recommended values. Two of TOP-10 companies a solvency ratio above the recommended, and two companies have a negative ratio value.

Picture 1. Solvency ratio and revenue of the largest Russian meat products manufacturers (TOP-10)

Average industry values of solvency ratio tend to decrease within the last decrease (Picture 2). This is indicative of a high dependence of meat processing industry on external loans.

Picture 2. Change in average industry values of solvency ratio of the largest Russian manufacturers of meat products in 2007 — 2016