Information agency Credinform Credinform has observed trends in the activity of the largest companies of real sector of economy of the Republic of Bashkortostan.
Enterprises with the largest volume of annual revenue (TOP-10 and TOP-1000), were selected for the analysis, according to the data from the Statistical Register for the latest available periods (for 2014-2016). The analysis was made on the basis of the data of the Information and Analytical system Globas.
|№ in TOP-1000||Name, INN, main type of activity||Net assets value, mln RUB||Solvency index Globas|
|1.|| PJSOC Bashneft
Crude oil mining
|126 720||164 332||176 336||208 Strong|
|2.|| AO TRANSNEFT – URAL
Transportation of oil and oil products by pipeline
|93 660||101 303||115 205||188 High|
|3.|| LLC BGK
Production of electric power by heat power plants, including activities on working ability of electric power plants
|30 161||31 186||35 303||145 Superior|
|4.|| LLC GAZPROM NEFTEKHIM SALAVAT
Manufacture of oil products
|4 009||-4 619||31 913||276 Medium|
|5.|| AO UCHALINSKII GOK
Mining and preparation of copper ore
|24 233||27 534||30 564||193 High|
|996.|| JSC Housing Authority of Ordzhonikidze district
Management of housing maintenance on a fee or a negotiable basis
|997.|| JSC BASHKORTOSTAN SUBURBAN PASSENGER COMPANY
Passenger suburban transportation by railway transport in controlled sector
|-1 063||-878||-861||285 Medium|
|998.|| LLC BPK named after M.GAFURI
In bankruptcy proceeding
|89||-3 057||-891||550 Insufficient|
|999.|| LLC ALFA-SOYUZ
Lease and management of own or rented uninhabited immovable property
|-602||-1 273||-1 674||307 Adequate|
|1000.|| LLC GLAVBASHSTROI
Manufacture of concrete products for construction activities
|-1 932||-2 226||-2 487||352 Adequate|
— growth of the indicator to the previous period, — decline of the indicator to the previous period.
The revenue of 10 leaders of the industry made 43% of the total revenue of TOP-1000 companies in 2016. It demonstrates concentration of large companies in the Republic of Bashkortostan (Picture 2).
In general, a decreasing tendency in volume revenue is observed (Picture 3).
Profit and losses
The profit volume of 10 leading enterprises in 2016 made 63% of the total profit of TOP-1000 companies (Picture 4).
Over a three-year period, the average values of profit indicators of TOP-1000 companies tend to increase. However, the average value of net loss decreases (Picture 5).
Key financial ratios
Over the three-year period the average indicators of the current liquidity ratio were above the range of recommended values — from 1,0 up to 2,0 (Picture 6). In general, the ratio indicator tends to decrease.
Decreasing tendency in the indicators of the return on investment ratio has been observed for three years (Picture 7).
This business activity ratio showed a tendency to decrease for a three-year period (Picture 8).
The largest share in the total revenue of TOP-1000 is owned by companies, specializing in crude oil mining (Picture 9).
61% of TOP-1000 companies are registered in the Register of small and medium enterprises of the Federal Tax Service of the RF (Picture 10).
Financial position score
An assessment of the financial position of TOP-1000 companies shows that the largest number is in a stable financial position and above the average (Picture 11).
Solvency index Globas
Most of TOP-1000 companies have got from Superior to Medium Solvency index Globas, that points to their ability to repay their debts in time and fully (Picture 12).
Comprehensive assessment of the activity of largest companies of real sector of economy of the Republic of Bashkortostan, taking into account the main indexes, financial indicators and ratios, demonstrates the presence of favorable trends. However, among disturbing factors are decreasing indicators of revenue volume and key financial ratios.
The Federal Law from April 23, 2018 № 112-FL «On countering the legalization (laundering) of criminally obtained incomes and the financing of terrorism» and the Article 13 of the Federal Law «On auditing» were amended. According to them, auditing firms and private auditors are obliged to inform the Federal Service for Financial Monitoring (hereinafter Rosfinmonitoring) about any deals and financials transactions of their clients which were or could be aimed at legalization of criminally obtained incomes or financing of terrorism.
The procedure of reporting about such kind of deals or financial transactions is determined by the Government of Russia. Auditor may not disclose information about the fact of data reporting.
Amendments also establish that Rosfinmonitoring determines and coordinates with other regulatory authorities the form of data provided and the procedure of data provisioning through user accounts of regulatory authorities. The Law also defines user account and its purposes.
The Information and Analytical System Globas contains information about over 15,5 thousand organizations in Russia carrying out fiscal audit as registered principal activity. The subscription on the System opens possibility to get acquainted with their activities.
Amount of members of self-regulatory organization of auditors decreases (Picture 1).
The number of given audit reports on obligatory audit also decreases (Picture 2).