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Economy/Business
10 March 2015, 15:01

Total profit of enterprises in Bashkiria declined by one third, losses tripled in 2014

UFA, 10 March 2015. /Bashinform News Agency, Elvira Latypova/. Large and medium-sized enterprises of Bashkortostan received a total profit of 100.4 billion rubles in 2014 – by 33.1 percent less than in 2013, it follows from the reports of territorial body of the Federal State Statistics Service.
The share of loss-making organizations in the republic rose to 17.1 percent from 16.2 percent in 2013. The amount of loss of unprofitable enterprises tripled - from 12.9 billion to 39.1 billion rubles.
Overdue accounts payable of enterprises decreased by 9.9 percent to 14.7 billion rubles at the end of 2014, or 2.9 percent of the total amount payable. 85 percent of the overdue amounts are commitment to suppliers. Credit indebtedness grew by 41.6 percent in 2014, overdue indebtedness – by 2.1 times.
Overdue accounts receivable in the past year increased by 41.1 percent - to 26.6 billion rubles. The main part of it is debts of buyers.
The survey was conducted on 1,347 large and medium-sized enterprises of the republic. Monitoring does not include banks, insurance companies, state-financed organisations and small businesses.
Author:Elvira Latypova
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