Article
TOP-10 PROCUREMENTS AND SUPPLIERS. FEDERAL CONTRACT SYSTEM: THE FIRST RESULTS OF 2018

On December 18, 2018 292 th customers are registered in the Federal contract system in the procurements area. According to the 44-FL, 3 mln notices of procurement were posted, according to the 223-FL 1,3 mln were posted.

The total amount of announced procurements according to the 44-FL was 7 457 bln RUB, that is 5,3% higher than following the results of 2017. Value of procurements according to the 223-FL, otherwise, has almost by one third decreased, to 19 527 bln RUB. (look at picture 1). The reason can be found in decrease in amount of orders of JSC Rosneft. In 2017 the company purchased casing pipes for holes. Price of the largest procurement amounted to 859 bln RUB, total amount of orders exceeds 5 873 bln RUB; in 2018 amount of placed notices was significantly smaller – 308 bln RUB.

The main difference of two federal laws regulating contract system is in source of financing. In procurements according to the 223-FL, customer pays (performs) supply of product (work, service) at its own cost including via grants or funds received by income-generating operations and according to the 44-FL – using the funds of federal and local budgets.

Picture 1. Total amount of procurements on placed notices, bln RUB. Picture 1. Total amount of procurements on placed notices, bln RUB.

The leader in terms of total amount of awarded contracts according to the 44-FL in 2018 is State Space Corporation ROSCOSMOS - 119 bln RUB. Object of the largest contract was valued at 61 bln RUB. – creation of medium-lift launch vehicle of new generation «Phoenix» (look at tables 1 and 2).

State Public Enterprise of Moscow Road and Bridge Construction Department with procurements amounted to 114 bln RUB and State Unitary Enterprise Moscow Metro with 113 bln RUB are the next in the rating of the largest customers.

Leaders of procurements according to the 223-FL have changed: JSC Russian Railways on mid-December of 2018 has made contracts on total amount of 1 130 bln RUB. In 2017 the largest customer was JSC ROSNEFT.

Table 1. The largest customers in terms of amount of awarded contracts according to the 44-FL and 223-FL in 2018
Company Total amount of awarded contracts according to the 44-FL, bln RUB Company Total amount of awarded contracts according to the 223-FL, bln RUB
1 State Space Corporation ROSCOSMOS 119 1 JSC Russian Railways 1130
2 State Public Enterprise Moscow Road and Bridge Construction Department 114 2 JSC GAZPROM 449
3 State Unitary Enterprise Moscow Metro 113 3 JSC MOSENERGO 449
4 The Ministry of Healthcare of the Russian Federation 87 4 JSC ROSNEFT 308
5 State Public Enterprise of the Federal Road Agency "Federal Automobile Roads Department "North-West" named after N.V. Smirnov 76 5 LLC RN-UGANSKNEFTEGAZ 266
6 State Budgetary Enterprise of Moscow city "Automobile Roads " 60 6 JSC MOSINZHPROEKT 193
7 The Ministry of Industry and Trade of the Russian Federation 58 7 JSC OGK-2 188
8 State Public Enterprise of Moscow city "Procurement Agency (contracted service) of the Healthcare Department of Moscow city" 47 8 JSC ROSTELECOM 178
9 State Public Enterprise of the Federal Road Agency "Federal Automobile Roads Department "Chernomorye" 47 9 JSC SBERBANK 158
10 State Public Enterprise of Moscow city "MOSGORTRANS" 46 10 JSC RZDSTROY 157

In recent years the largest amount of financing according to the 44-FL was distributed for the construction of the Crimean Bridge. In 2018 major financing was focused on works related to space exploration and construction of the Moscow Metro (look at table 2), that have already been estimated by citizens: the current year subway construction workers have built 15 stations – that is unprecedented rate over the history of development of metro in Russia.

Major part of procurements according to the 223-FL is related to the supply of fuel and oil mining, and orders of JSC Russian Railways.

Table 2. The largest procurements in terms of price in 2018
Procurement item,44-FL Customer Value, bln RUB Procurement item, 223-FL Customer Value, bln RUB
1 Creation of medium-lift launch vehicle of new generation (design project code: «Phoenix») State Space Corporation ROSCOSMOS 61 1 Supply of nonleaded gasoline of «Regular-92» brand, «Premium Euro 95» brand, EURO diesel fuel LLC GAZPROM MEZHREGIONGAZ 445
2 Supply of subway railway carriages State Unitary Enterprise Moscow Metro 51 2 Supply of limit gas JSC MOSENERGO 424
3 Providing of contracted works for capital construction object: «Sokolnicheskaya subway line from Salaryevo station to Stolbovo station ». State Public Enterprise Moscow Road and Bridge Construction Department 41 3 Providing of works on capital repair and modernization of traction equipment JSC Russian Railways 244
4 Construction of launch vehicle «Angara». Site 1А. State Public Enterprise Directory of the Vostochny Cosmodrom 39 4 Providing of works and services on construction of high priority objects and sections 4А and 5А of Achimovsky deposits of the Urengoy oil and gas condensate deposit LLC ACHIM DEVELOPMENT 143
5 Providing of contracted works for capital construction object: «Construction of tunnel under Kaluga highway and multilevel road interchange in the area of TIH Stolbovo with approach roads». State Public Enterprise Moscow Road and Bridge Construction Department 28 5 Supply of locomotives with obligation of maintenance during life cycle JSC Russian Railways 114
Article
Trends in the work of Perm companies

Information agency Credinform represents an overview of activity trends of the largest companies in the real sector of the economy of the Perm territory.

The enterprises with the largest volume of annual revenue of the real sector of the economy in the Stavropol territory (TOP-1000), were selected for the analysis, according to the data from the Statistical Register for the latest available periods (2013-2017). The analysis was made on the basis of the data of the Information and Analytical system Globas.

Net assets is an indicator, reflecting the real value of the property of an enterprise. It is calculated annually as the difference between assets on the balance sheet of the enterprise and its debt obligations. The indicator of net assets is considered negative (insufficiency of property), if company’s debt exceeds the value of its property.

Table 1. The largest companies of the real sector of economy in the Perm territory with the largest and smallest net assets in 2013 – 2017
Name, INN, type of activity Net assets value, bln RUB Solvency index Globas
2013 2014 2015 2016 2017
1 2 3 4 5 6 7 8
1 URALKALI PJSC
INN 5911029807
Production of fertilizers and nitrogen compounds
up73,5 down72,3 up102,6 up168,2 up209,0 188 High
2 LUKOIL-PERM LLC
INN 5902201970
Crude oil production
down141,7 down139,6 up172,9 down152,2 up161,5 199 High
3 LUKOIL-PERMNEFTEORGSINTEZ LLC
INN 5905099475
Production of petroleum products
down104,2 up132,8 down120,7 down101,0 up104,0 196 High
4 METAFRAX PJSC
INN 5913001268
Manufacture of other chemical organic basic substances
up15,9 up17,6 up24,8 up27,9 up34,4 143 High
5 GAZPROM TRANSGAZ TCHAIKOVSKY LLC
INN 5920000593
Pipeline transportation of gas and products of its processing
up17,1 up18,3 up18,4 down15,9 up16,3 216 Strong
996 VERKHNEKAMYE-LES LLC
INN 5981001072
Logging
down-0,4 down-0,4 down-0,5 down-0,6 down-0,7 357 Adequate
997 INVESTSPETSPROM LLC
INN 5904164851
Transfer of steam and hot water (thermal energy)
down-0,6 down-0,8 down-0,9 down-1,1 down-1,3 321 Adequate
998 METALLURGICHESKII ZAVOD KAMASTAL LLC
INN 5906044775
Production of raw steel
Process of being wound up, 12.09.2018.
down-1,9 down-2,4 down-2,5 down-2,8 down-3,7 600 Insufficient
999 PERMSKAYA SETEVAYA KOMPANIYA LLC
INN 5904176536
Transfer of steam and hot water (thermal energy)
down-2,2 down-3,1 down-3,9 down-5,0 down-6,2 290 Medium
1000 PJSC SPETSIALNOGO MASHINOSTROENIYA I METALLURGII MOTOVILIKHINSKIE ZAVODY
INN 5906009273
Production of weapons and ammunition
Process of being wound up, 30.03.2018
down2,2 down-0,5 up0,6 down0,5 down-10,4 600 Insufficient

Up — growth of the indicator to the previous period, Up — decline of the indicator to the previous period.

The average values of net assets of TOP-1000 enterprises tend to increase over the five-year period (Picture 1).

Picture 1. Change in the average indicators of the net asset value of TOP-1000 enterprises in 2013 – 2017 Picture 1. Change in the average indicators of the net asset value of TOP-1000 enterprises in 2013 – 2017

The shares of TOP-1000 enterprises with insufficiency of assets have a tendency to increase in the last five years (Picture 2).

Picture 2. Share of enterprises with negative values of net assets in TOP-1000 Picture 2. Share of enterprises with negative values of net assets in TOP-1000

Sales revenue
The revenue volume of 10 leading companies of the region made 52% of the total revenue of TOP-1000. (Picture 3). It points to a high level of capital concentration in the Perm territory.

Picture 3. Shares of participation of TOP-10 companies in the total revenue of TOP-1000 enterprises for 2017 Picture 3. Shares of participation of TOP-10 companies in the total revenue of TOP-1000 enterprises for 2017

In general, there is a trend towards an increase in revenue volume (Picture 4).

Picture 4. Change in the average revenue of TOP-100 enterprises in 2013 – 2017 Picture 4. Change in the average revenue of TOP-100 enterprises in 2013 – 2017

Profit and losses
The profit volume of 10 industry leaders of the region made 79% of the total profit of TOP-1000 companies in 2017 (Picture 5).

Picture 5. Shares of participation of TOP-10 companies in the total volume of profit of TOP-1000 enterprises for 2017 Picture 5. Shares of participation of TOP-10 companies in the total volume of profit of TOP-1000 enterprises for 2017

In general, average values of net profit’s indicators trend to increase over the five-year period (Picture 6).

Picture 6. Change in the average values of net profit of TOP-1000 enterprises in 2013 – 2017 Picture 6. Change in the average values of net profit of TOP-1000 enterprises in 2013 – 2017

Average values of net profit’s indicators of TOP-1000 companies trend to increase for the five-year period, at the same time the average value of net loss also increases (Picture 7).

Picture 7. Change in the average values of indicators of net profit and net loss of TOP-1000 companies in 2013 – 2017 Picture 7. Change in the average values of indicators of net profit and net loss of TOP-1000 companies in 2013 – 2017

Key financial ratios
Over the five-year period the average indicators of the total liquidity ratio of TOP-1000 enterprises were above the range of recommended values - from 1,0 up to 2,0, with a tendency to increase (Picture 8).

The total liquidity ratio (the relation of the amount of current assets to short-term liabilities) shows the sufficiency of company’s funds for repayment of its short-term liabilities.

Picture 8. Change in the average values of the total liquidity ratio of TOP-1000 enterprises in 2013 – 2017 Picture 8. Change in the average values of the total liquidity ratio of TOP-1000 enterprises in 2013 – 2017

There has been a high level of average values of the return on investment ratio for five years, especially in 2013 and 2017, with a tendency to increase (Picture 9).

The ratio is calculated as the relation of net profit to the sum of own capital and long-term liabilities and demonstrates the return on the equity of own capital involved in the commercial activity and the long-term borrowed funds of an organization.

Picture 9. Change in the average values of the return on investment ratio of TOP-1000 enterprises in 2013 – 2017 Picture 9. Change in the average values of the return on investment ratio of TOP-1000 enterprises in 2013 – 2017

Asset turnover ratiois calculated as the relation of sales proceeds to the average value of total assets for a period and characterizes the efficiency of use of all available resources, regardless of the sources of their attraction. The ratio shows how many times a year a complete cycle of production and circulation is made, yielding profit.

This ratio of business activity showed a tendency to decrease over the five-year period (Picture 10).

Picture 10. Change in the average values of the asset turnover ratio of TOP-1000 enterprises in 2013 – 2017 Picture 10. Change in the average values of the asset turnover ratio of TOP-1000 enterprises in 2013 – 2017

Production structure
The largest shares in the total revenue of TOP-1000 are owned by companies, specializing in the manufacture of coke and petroleum products, crude oil production and wholesale (Picture 11).

Picture 11. Distribution of types of activity in the total revenue of TOP-1000 companies, % Picture 11. Distribution of types of activity in the total revenue of TOP-1000 companies, %

66% of TOP-1000 companies are registered in the Register of small and medium-sized businesses of the Federal Tax Service of the RF. At the same time, their share in the total revenue of TOP-1000 enterprises amounted to 14% (Picture 12).

Picture 12. Shares of proceeds of small and medium-sized businesses in TOP-1000 companies Picture 12. Shares of proceeds of small and medium-sized businesses in TOP-1000 companies

Main regions of activity
The TOP-1000 companies are distributed unequal in the Perm territory and registered in 39 regions and inhabited localities. 72% of the largest enterprises in terms of revenue are concentrated in the regional center - in Perm (Picture 13).

Picture 13. Distribution of the revenue of TOP-1000 companies by regions of Perm territory Picture 13. Distribution of the revenue of TOP-1000 companies by regions of Perm territory

Financial position score
An assessment of the financial position of TOP-1000 companies shows that almost half of them are in a stable financial position and above average (Picture 14).

Picture 14. Distribution of TOP-1000 companies by financial position score Picture 14. Distribution of TOP-1000 companies by financial position score

Solvency index Globas
Vast majority of TOP-1000 companies got High or Strong/Medium Solvency index Globas, that points to their ability to pay off their debts in time and fully (Picture 15).

Picture 15. Distribution of TOP-1000 companies by solvency index Globas Picture 15. Distribution of TOP-1000 companies by solvency index Globas

Industrial production index
According to the Federal Service of State Statistics, there is a some growth trend to a decrease in the industrial production index in the Perm territory during 12 months of 2017 - 2018. For 10 months of 2018, the index decreased by an average of 1,8%, and in general, from November 2017 to October 2018, the decline averaged 0,2% (Picture 16).

Picture 16. Industrial production index in Perm territory in 2017 - 2018, month to month (%) Picture 16. Industrial production index in Perm territory in 2017 - 2018, month to month (%)

According to the same information, the share of enterprises of the Perm territory in the amount of revenue from the sale of goods, works, services made 1,33% countrywide for 9 months of 2018.

Conclusion
A comprehensive assessment of activity of the largest companies in the real sector of the economy of the Perm territory, taking into account the main indices, financial indicators and ratios, points to the prevalence of positive trends (Table 2).

Table 2. Positive and negative trends, evaluation factors of TOP-1000 companies
Trend and evaluation factors of TOP-1000 enterprise Specific share of factor, %
Rate of growth (decline) in the average size of net assets up10
Increase / decrease in the share of enterprises with negative values of net assets down-10
Rate of growth (decline) in the average size of revenue up10
Concentration level of capital down-10
Rate of growth (decline) in the average size of profit (loss) up10
Growth / decline in average values of companies’ net profit up10
Growth / decline in average values of companies’ net l down-10
Increase / decrease in average values of total liquidity ratio up10
Increase / decrease in average values of return on investment ratio up10
Increase / decrease in average values of asset turnover ratio, times down-10
Share of small and medium-sized businesses in the region in terms of revenue being more than 30% down-10
Regional concentration down-10
Financial position (the largest share) up10
Solvency index Globas (the largest share) up10
Industrial production index up10
Average value of the specific share of factors up2,0

Up — positive trend (factor), Up — negative trend (factor).