Information agency Credinform prepared a ranking of product profitability of the largest Russian household electrical appliances manufacturers. The Russian manufacturers (Top-10) with the highest volume of revenue were selected for this ranking according to the data from the Statistical Register for the latest available periods (2015 and 2014). The enterprises were ranked by decrease in product profitability (see table 1).

Product profitability is sales revenue to expenses from ordinary activities. Profitability in general indicates the economic efficiency of production. Analysis of product profitability allows to conclude about an output expediency. There is no standard value for profitability indicators, because they change in accordance with the industry the company operates in.

For the most complete and objective view of the financial condition of the enterprise it is necessary to pay attention to the complex of presented ratios, financial and other indicators of the company.

*) - average value by the group of companies

Average value of product profitability of the Top-10 companies in 2015 is higher than of the Top-100 at industry average value of 10,19%.

Revenue of 10 largest companies in 2015 is 95% of total revenue of the Top-100 companies, speaking about high monopolization in this sector. The share of LLC LG ELECTRONICS RUS, leading in term of 2015 revenue, amounted to almost 57% of the Top-10 total revenue (Picture 2).

Nine companies of the Top got high or the highest Solvency index GLOBAS-i^® indicating their ability to timely and fully fulfill their debt liabilities.

OOO BSH BYTOWIJE PRIBORY got satisfactory index due to being a defendant in arbitration proceedings on debt recovery and loss in key figures. Index development trend is stable. Credit guarantees are recommended.

Four companies in the Top (marked with red in Table 1) have decrease in net profit or loss in 2015, or decrease in revenue in comparison with the previous period.

According to the data calculated on the basis of the Federal State Statistics Service (Table 2), from 2010 to 2016 the figures of household electrical appliances manufacture in volume terms are not stable. Following the results of 2016, there is an increase in production by 8% in comparison with 2015.

*) decrease in production is marked with red and increase is marked with green in Table 2. Types of products are ranked by the volume of production in 2016.

The maximal stability from 2010 to 2016 was demonstrated by manufacture of household washing machines and electric lights.

Enterprises engaged in household electrical appliances manufacture are distributed quite evenly along the country. Mostly they are located in the industrially developed regions with infrastructure for hi-tech manufacturing. According to the Information and analytical system Globas-i 100 companies largest in the sector and with the highest volume of revenue for 2015 are registered in 35 regions of Russia (Picture 3).

The leading position of Chelyabinsk region is noticeable.

In July 2016 the amendments to the Criminal Code and the Criminal-Procedural Code of the Russian Federation, which transferred the number of crimes from criminal to administrative offences, were adopted. Among such crimes are: the non-payment of alimony, beatings, petty stealing amounted up to 2 500 RUB. The punishments for bribes and corrupt payment were changed depending on the amount, appearing in the case. Besides, the individuals, who committed the crime for the first time, as well as those, who actively cooperating with the investigation, may be exempted from criminal liability.

The Supreme Court of the Russian Federation gave special comments on application of these humane amendments.

In particular, the comments regarding petty bribery and petty corrupt payment were made. These are the new articles of the Criminal Code. The sum up to 10 000 RUB may be considered as petty bribery and petty corrupt payment. The following fines are intended for such crimes: 200 000 RUB – for petty bribery, 150 000 RUB – for petty corrupt payment.

The Supreme Court explained that the decisions on causing the heavy damage and particularly heavy damage in some cases are subject to review. Since July 2016 the damage more than 2 500 000 RUB is considered as heavy, more than 9 000 000 RUB - as particularly heavy damage. Previously, these amounts were respectively 1 500 000 and 6 000 000 RUB. Thus the court's decision against the individuals, who committed crimes on smaller amounts, may be commuted or they may be exempted from criminal liability.

The Supreme Court also gave comments regarding the review of cases on theft of property by steal, fraud, misappropriation or embezzlement when the theft does not exceed 2 500 RUB. Such crimes are considered as petty theft and lead to administrative responsibility. However the repeated commission of the crimes brings to criminal liability.

The relevance of the government's measures on humanization of criminal law focused on the improvement of business conditions in the country can be assessed after reviewing the statistical data of the Judicial Department at the Supreme Court of the Russian Federation on status of criminal records in Russia for the first half of 2016. (Table 1, Pictures 1, 2).

Most of citizens were convicted for the theft, robbery and fraud (Picture 1).

Picture 1. The number and share of convicted individuals under the articles of the Criminal Code of the Russian Federation in general number of convicted individuals for economic crimes.

Herein most of acquittal judgements were determined under the articles on fraud, misappropriation or embezzlement and the theft (Picture 2).

Picture 2. The number and share of justified individuals under the articles of the Criminal Code of the Russian Federation in general number of justified individuals for economic crimes