In 2015 business and population are expected the increase of tax burden

In spite of curtailment of discussion about the introduction of sales tax and increase in VAT, which was the subject of much controversy about the expediency of such steps, anyhow we have to experience the increase of cumulative tax burden in 2015: a number of amendments have been already introduced to the Tax Code of the RF by the Government of Russia.

  • Dividends tax.

Rate of tax on individual income, received in the form of dividends, increases from 9 up to 13%. Also it is offered to increase the rates of company tax on incomes from share interest in companies’ activity. The Ministry of Finance expects that only change of the tax for enterprises will earn extra revenue in the amount of 10,9 bln RUB in 2015.

  • Insurance contributions.

Today the insurance contributions to the Compulsory Medical Insurance Fund make 5,1%. They are collected from annual salary 624 000 RUB (52 000 per months). No contributions are imposed on that all what is higher. Now this threshold is removed, and contributions will be taken from all salaries. By that the main tariff will remain 5,1%, and reduced rates will be also the same. In 2015 it is planned to have 140 bln RUB of extra revenues from this innovation in the federal budget.

  • Excise duty on gas.

It was offered to levy excise duties on gas export to Turkey via pipeline «Blue stream». Extra revenues from excise duty – 41,7 bln RUB in 2015.

  • Excise duty on cigarettes.

Today the manufacturers of cigarette in Russia pay excise duty at the rate of 800 RUB per 1000 cigarettes (specific part) plus 8,5% from their retail price (ad valorem part), but not less than 1040 RUB. According to the Tax Code, in 2015 the rate should increase up to 960 RUB plus 9% from retail price (not less than 1250 RUB). In 2016 – up to 1200 ths RUB plus 9,5% from retail price (not less than 1600 RUB). Suggested variant of amendments supposes the conservation of former growth plans of specific part of excise duty in 2015 (up to 960 RUB) and increases ad valorem part up to 9,5%. In 2016 only ad valorem part of excise is planned to be changed – up to 10%. In 2017 it is offered to fix the specific part of excise duty at the rate of 1350 RUB and ad valorem – 10,5%. In 2015 the budget will receive – 24 bln RUB.

  • Water tax.

Indexation of water tax rates and payment for use of bodies of water, being in the federal ownership, has not been carried out since 2005. By that water tariffs supplied to consumers had been increased more than in 6 times. The budget statement supposes that an indexation by 1,28 times will be carried out in 2015, in 2016 – by 1,64 and in 2017 – by 2,08 times. Promoted indexation will be carried out till 2026, then – only on inflation. Extra revenues in 2015 – 2,8 bln RUB.

  • Payment for forest.

Indexation of rates on payment for use of forests has not been carried out since 2009. The Ministry of Finance offers to carry it out by 1,05 times in 2015, by 1,1 times – in 2016 and by 1,15 times – in 2017. The suggestion had been submitted to the government as early as in July 2014, there had been no objections. Extra revenues in 2015 - 800 mln RUB.

Net profit of companies in the sphere of cargo transportation and storage

Information agency Credinform prepared a ranking of companies in the sphere of cargo transportation and storage.

The companies with the highest volume of revenue were selected for this ranking according to the data from the Statistical Register for the latest available period (for the year 2013). These enterprises were ranked by decrease in net profit ratio.

Net profit (loss) (in RUB) is net undistributed profit (uncovered loss) of the current period, remained after payment of profit tax and other similar obligatory payments.

The indicators of net profit are very important for each enterprise. Net profit can be considered as result of company’s activity, for the period where this profit was showed. Net profit volume depends on the volume of gross profit and amount of taxes. Dividends for company’s shareholders are calculated on the basis of net profit volume.

For getting of the most comprehensive and fair picture of the financial standing of an enterprise it is necessary to pay attention not only to average values of profit, but also to all presented combination of financial data.

Table. Turnover, net profit and solvency index of the largest companies in the sphere of cargo transportation and storage (TOP-10)
NameRegionTurnover, in mln RUB, for 2013Netprofit, for 2013Solvency index GLOBAS-i®
1 RN-Bunker LLC
INN: 7705839398
Moscow 58 494,5 4 771,4 184 the highest
2 Pervy konteynerny terminal CJSC
INN: 7805113497
Saint-Petersburg 7 018,0 2 981,8 228 high
3 DKHL Interneshnl (DHL) CJSC
INN: 7707033437
Moscow 11 088,1 2 243,5 210 high
4 Rusagrotrans CJSC
INN: 7701810253
Moscow 14 509,9 1 061,7 210 high
5 PTK-Terminal LLC
INN: 7806055343
Saint-Petersburg 27 293,8 538,3 225 high
6 RN-Arkhangelsknefteprodukt LLC
INN: 2921009226
Arkhangelsk region 8 841,3 319,9 270 high
7 Baltijskaya Ekspeditorskaya Kompaniya LLC
INN: 7810120958
Saint-Petersburg 6 667,2 183,2 197 the highest
8 Sbytovoe obedinenie Pskovnefteprodukt LLC
INN: 6027042337
Pskov region 8 733,1 176,7 232 high
9 Gazprom PKHG LLC
INN: 5003065767
Moscow 36 209,5 88,2 172 the highest
10 Taimyrskaya toplivnaya kompaniya CJSC
INN: 2460047153
Krasnoyarsk region 14 707,6 47,2 250 high

cargo transportation and storage

Picture. Turnover and net profit of the largest companies in the sphere of cargo transportation and storage (TOP-10)

The turnover of the largest companies, which specialize in cargo storage and handling (TOP-10), made 193 653,0 bln RUB according to the results of the latest published annual financial statement, in comparison with the year 2012 the consolidated figure increased by 10,3%.

Industry leaders accumulate 14,1% of the revenue of all market players, what points to the absence on it of monopolist and developed competition.

All participants of TOP-10 show a positive financial result – this points to the efficiency of the management and adopted development strategy in the organizations.

The first three enterprises of the ranking on absolute values of net profit are as follows: RN-Bunker LLC (4 771,4 mln RUB), Pervy konteynerny terminal CJSC (2 981,8 mln RUB) and DKHL Interneshnl CJSC (2 243,5 mln RUB).

RN-Bunker LLC is the leader in the sphere of production and logistic infrastructure of country's fuel market. The company storages and delivers oil products manufactured by 10 oil refineries of NK Rosneft OJSC to wholesale and retail market (Ryazansky, Komsomolsky, Achinsky, Angarsky, Kuibyshevsky, Novokuibyshevsky, Syzransky, Saratovsky, Tuapsinsky oil refineries and Yaroslavnefteorgsintez).

Pervy konteynerny terminal CJSC (PKT) is the largest container terminal on the territory of the RF. Located in Big Port Saint-Petersburg, it is one of the first specialized container terminals in Russia. It is connected through regular feed communication with large European ports - Rotterdam, Hamburg, Bremerhaven and Antwerpen. Regular weekly ship entries to the terminal are carried out by leading world shipping lines: Maersk Line, MSC, CMA CGM, OOCL, Unifeeder, Team Lines, Hapag Lloyd, FESCO ESF, Evergreen, HMM, Hanjin, COSCO, Yang Ming.
DKHL Interneshnl CJSC (DHL-Rossiya) carries out international express deliveries; freight forwarding by air, road, sea and rail; warehousing services, going beyond only storage - including all solutions from packaging to repairs; mail deliveries worldwide; shipping, carrying out in compliance with special requirements of clients.

According to the independent estimation of the Information agency Credinform, the organizations of the TOP-10 list got a high and the highest solvency index, what can signal to potential investors, that the largest market players can pay off their debts in time and fully, while risk of default is minimal.


See also: Net profit ratio of distributors of pharmaceutical products