Ranking
Net profit of animal husbandries of the Northwestern Federal District

Credinform Information Agency evaluated the net profit of major animal husbandries of the Northwestern Federal District. For this ranking, the companies working in breeding different kinds of animals were rated first by the amount of revenue in 2011, and then, the biggest ten were assorted by decrease in net profit for the same period.

Net profit is a part of gross revenue of the company, which rests at its disposal after payment of taxes, duties, charges and other mandatory payments to the budget. The organization decides on allocation of net profit individually. A part of the profit of the company is designated for distribution between its participants, is distributed proportionally among their shares in the company’s chartered equity. Another part is used for increasing current assets of the enterprise, formation of funds and reserves, as well as for reinvestment to the production.

Indicators of financial activity of the biggest animal husbandries in NWFD
NForm of incorporationNameINNNet profit in 2011, ml rub.Turnover in 2011,ml rub.Solvency index
1 OJSC Severnaya Poultry Farm 4706002688 1,866.98 6,425.98 166 (highest)
2 OJSC Zelenetskaya Poultry Farm 1109008546 484.02 2,136.55 142 (highest)
3 OJSC Lomonosov Poultry Farm 4720000202 390.74 2,569.16 225 (high)
4 CJSC Roskar Poultry Farm 4704008395 318.50 3,647.51 173 (highest)
5 CJSC Sinyavinskaya Poultry Farm 4706001780 208.93 2,675.39 223 (high)
6 LLC Belgrankorm – Veliky Novgorod 5305006239 204.72 2,982.71 255 (high)
7 LLC Novgorodskaya Poultry Farm 5310013908 170.77 2,267.35 295 (high)
8 LLC Pskovskaya Poultry Farm 6037002358 157.06 1,579.97 299 (high)
9 LLC Baltptitseprom Business and Poultry Company 3905070698 12.62 1,153.11 262 (high)
10 LLC Velskaya Poultry Farm 2907009009 5.75 1,552.33 298 (high)

According to the results of 2011, the highest turnover in NWFD was exclusively that of enterprises working in poultry farming.

Severnaya Poultry Farm OJSC, which retains the first line in the ranking, is also leading by net profit index. Good results of this company’s activities are confirmed by the highest GLOBAS-i solvency index. The highest index was also assigned to Zelenetskaya Poultry Farm OJSC and Roskar Poultry Farm CJSC, which means the least risk of monetary default.

All other poultry farms of this ranking also showed significant rate of revenue and net profit. Financial coefficients of these companies are at a good level, which is confirmed by high GLOBAS-i solvency index.

So, net profit is a crucial indicator for any enterprise. Its amount is the result of activities of an economic entity. Significant variations of this indicator over time may put the investors on the alert. In this case, it would be necessary to provide detailed explanations of these changes.

However, it would be incorrect to make the assessment of an enterprise on the net profit indices. For a more precise analysis, one should pay attention to sales profits and profit before taxation.

Article
Experts forecast increase of competitive ability of domestic shipbuilding

In 2012, according to analytical survey of Credinform “Civil vessels market”, Russia floated off over 80 civil vessels that include 22 tankers, 8 dry-cargo carriers, 4 passenger motor vessels, 25 motor boats, etc. Steamship lines, FSUE Rosmorport and Federal Agency of Sea and River Transport were the main customers.

Last year, 32 shipbuilding companies accomplished their projects in the sphere of civil shipbuilding. At the same time, the biggest share in the number of launched vessels was occupied by motor boats of various designs. They took 30.9% of all sold vessel projects. The second place went to tankers – 27.2%, and the third – to vessels of different purpose with total share of 13.6%.

As was noted by experts from Credinform, the domestic shipbuilding industry is considered by the state to be one of strategic and priority spheres; therefore, for rehabilitation of shipbuilding industry, in 2007, Russia established a Joint Shipbuilding Corporation (JSC) OJSC with 100% of shares being in federal ownership.

JSC OJSC is a scientific and production complex uniting industrial and design and construction enterprises of shipbuilding industry, as well as ship-repairing plants. According to GLOBAS-i system, it includes 16 design and construction bureaus and 39 shipbuilding and ship-repairing enterprises.

Establishment of JSC holding contributed to a rapid acceleration of corporatizing of enterprises of the industry, its definite stimulation, start for rehabilitation of assets which used to be in difficult financial and economic situation. JSC is currently expected to increase competitive ability of enterprises and to created modern production capacities.

At the end of 2012, the Government of Russia decided to adopt a state programme “Development of shipbuilding for 2013-2030”. The programme is aimed at recovery of Russia’s positions on the world shipbuilding market. The programme will be implemented in 2013-2030 in three stages. The stage is planned to be implemented between 2013 and 2016, the second – between 2017 and 2025, and the third one – between 2026 and 2030.