Information agency Credinform represents the ranking of the largest Russian enterprises of mining and manufacturing industries. The companies with the highest volume of revenue were selected for the ranking, according to the data from the Statistical Register for the latest available accounting period (for 2015 and 2014), which are involved in the industrial production of intermediate and end products (TOP-10), except for energy companies. Then they were ranked by the solvency index GLOBAS-i® (Table 1).
Solvency index GLOBAS-i® is an independent and comprehensive assessment of the creditworthiness and financial stability of a legal entity, has been developed by the Information agency Credinform in accordance with the world standards and takes into account the specifics of the Russian economy.
The index characterizes the company's ability to repay its long-term debts timely and fully and represents a credit rating for the determination of the default risk.
The index is used for a comprehensive assessment of the standing of a legal entity for decision-making to start or continue the cooperation with the counterparty. Assignment of the index is based on the integral index, which includes generally accepted factors of company’s solvency and financial stability.
The combination of indices of various enterprises makes possible to compare them and to evaluate the place and position in the market in comparison with indicators of direct competitors, partners and market leaders.
The index change occurs on the basis of getting of a new information, having impact on the change of the legal entity's solvency.
|Name, INN, region||Net profit for 2015, mln RUB||Net profit for 2015 by 2014, +/- %||Revenue for 2015, mln RUB||Revenue for 2015 by 2014, +/- %||Solvency index GLOBAS-i® and its dynamics for 2017 by 2016 г., +/- points|
INN 1644003838 Republic of Tatarstan
|85 008,7||4||462 962,1||18||
144 The highest
INN 7736050003 Moscow
|403 522,8||114||4 334 293,5||9||
147 The highest
INN 8602060555 Khanty - Mansiysk Autonomous District - Yugra
|751 355,3||-16||978 204,5||13||
151 The highest
INN 6316031581 Yamalo-Nenets Autonomous District
|84 103,1||101||412 703,5||29||
161 The highest
INN 8603089934 Khanty - Mansiysk Autonomous District - Yugra
|63 620,2||19||373 241,6||16||
167 The highest
|JSC Mining and Metallurgical Company NORILSK NICKEL
INN 8401005730 Krasnoyarsk territory
|146 212,8||329||400 850,9||16||
172 The highest
|LUKOIL-WEST SIBERIA LIMITED
INN 8608048498 Khanty - Mansiysk Autonomous District - Yugra
|97 049,7||16||695 764,1||11||
175 The highest
|JSC Gazprom Neft
INN 5504036333 Saint-Petersburg
|16 145,8||14||1 272 981,1||2||
189 The highest
|ROSNEFT OIL COMPANY
INN 7706107510 Moscow
|239 413,3||-52||3 831 094,9||-11||
INN 0274051582 Republic of Bashkortostan
|52 306,5||-20||521 038,8||-10||
All TOP-10 companies got the highest and high solvency index GLOBAS-i®, that points to their ability to repay their debt obligations timely and fully. However, only one company - PJSOC Bashneft – worsened the index indicator compared with the previous period.
The total revenue of the TOP-10 enterprises amounted to 13 283 135,0 mln RUB in 2015, that is by 2% more than in 2014. At the same time the total net profit decreased by 1% in the same group.
Three companies from the TOP-10 list (highlighted in red in Table 1) allowed a reduction of net income rate or decrease in revenue compared with the previous period.
In the group of the TOP-100 companies the total revenue amounted to 25 523 384,1 mln RUB for the same period and increased by 7%, with an increase in total net income by 9%.
From 100 the largest enterprises 41% are related to the mining industry and 59% - to the sphere of production, respectively. The ratio of profit and revenue between mining and manufacturing industries are shown in Table 2.
|Profit for 2015, mln RUB||Share of profit in total sum of TOP-100, %||Revenue for 2015, mln RUB||Share of revenue in total sum of TOP-100, %|
|Mining||2 844 844,3||84||17 784 417,7||70|
|Manufacture||561 415,3||16||7 738 966,3||30|
In the mining industry the largest number of enterprises is engaged in production of crude oil (Picture 2).
In the production sphere the highest number of companies is engaged in crude oil refining (Picture 3).
The largest enterprises of mining and manufacturing industries are distributed relatively evenly across the country, taking into account the specific nature of their activities. It is confirmed by the data of the Information and analytical system GLOBAS-i®, according to which 100 the largest companies in terms of revenue for 2015 are registered in 33 regions of Russia (Picture 4).
According to the order of the Russian Federal Treasury №17n as of 05.09.2016, new amount of own funds of banks applying for keeping of the federal budget resources is specified.
Since 2008 temporary free cash of the federal budget is permitted to be placed on bank deposit. Since 2011 this rule is also spread on cash of non-budgetary fund and state corporations. It is associated with the necessity of protection of budgetary funds from inflation and support of banks requiring additional liquidity.
During functioning of the system, major deficiencies were identified. In 2015 the licenses of 93 banks were revoked, and 112 revoked licenses in 2016. Some of them kept budget funds that led to direct damage to the economy, evaluating in hundreds of millions roubles.
According to the experts, this situation was resulted by overly loyal requirements to banks, when the amount of own funds of 5 bln RUB was sufficient. Now the amount for banks applying for placing budget funds is increased to 250 bln RUB, i.e. in 50 times. Currently only six banks meet the requirements: Sberbank of Russia PJSC, JSC VTB Bank, JSC VTB24, JSC Gazprombank, JSC Russian Agricultural Bank and JSC Alfa-Bank.
Moreover, the banks are also required to have the international credit rating of BB- or higher, general license of the Central Bank of Russia on placing budget funds, no overdue deposits and violation of statutory requirement of the Central Bank, participation in private individuals’ deposit insurance system.
Since entering of new requirements into force on November 12, 2016, banks with insufficient own funds are obliged to return budget funds. The Federal Treasury in its turn has to conduct new auctions on placing the federal budget funds.
The subscribers of the Information and analytical system Globas-i® have an opportunity to get acquainted with the activity of all 586 acting bank and 49 non-bank credit institutions and their branches. There information on all credit institutions with revoked licenses and their branches is also available.