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Category: Politics

Category: Technologies

Category: Politics

Date: 2 weeks ago   Category: Companies

FTS: in Russia every fifth company is unprofitable


According to data of Federal Tax Service, 19% of the domestic companies have shown losses in 2017. Another 27% have finished last year with zero income and expenses of the Photo: depositphotos.com Every fifth company in Russia was unprofitable. It follows from statistics for 2017 which was published by Federal Tax Service. Since 2016 FTS collects and publishes data on financial activity of the Russian companies. For the end of last year in this base there were nearly 2,5 million organizations. There was more earlier, but because of sanctions the updated list hadn't included the enterprises of a strategic importance, defense industry complex and the largest taxpayers. RBC has studied the report of FTS and have come to a conclusion that 19% of the Russian companies appearing in the list are unprofitable. Another 27% have finished last year with zero income. The average loss of the unprofitable enterprises has made 11,8 million rubles. What do tell these figures about? It is possible to interpret in different ways, the partner of Delkredere Bar Maxim Stepanchuk considers: Maxim Stepanchuk the partner of Delkredere Bar "It is possible to look at these data from two points of view: it is optimistical and pessimistic. It is optimistical that more than a half of the register of the operating companies work to itself in profit. It is good. It is bad that 20% of the enterprises, that is every fifth, at us are unprofitable. What can it speak about? From 27% of the companies which have shown zero income and expenses in general everything is clear. I think, the vast majority of these companies doesn't function. After three years for minimization of risk of prosecution owners liquidate these companies (can be, they in general are thrown forever). As for 20% of the unprofitable companies, it is difficult to tell what real share in these companies of those who uses schemes for reduction of taxable base and how many companies work at a loss taking into account that economic situation in which there is a country. I would note that it is accounting statistics, but not tax therefore the share of the companies which as a result pay taxes can strongly differ from average shares in the companies which pay taxes. At last, it is interesting to compare this report to statistics of bankruptcies. If we have 400 thousand unprofitable companies for 2017, then is much less given statements for recognition of the debtor by the bankrupt. It means that few unprofitable companies reach the end, to the death, as within case of bankruptcy". Coming back to the companies with the zero reporting, It should be noted that a third from them has no employee, and in every second in the state only one person appears. To add BFM.ru to your sources of news?

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