Bashkiria is fourth in organizations' assets value terms

Bashkiria ranks fifth in terms of profits and seventh in terms of unprofitable organizations share among the Volga Federal District regions. In terms of the value of the assets of organizations, the republic is in fourth place in the district, Bashkortostan Statistics Agency informed, based on data for 2021.

There are positive changes in the main indicators characterizing the financial potential: an increase in financial performance, an increase in revenue from the sale of products (works, services), and the book value of a property in the region.

The balance sheet profit of organizations for 2021 increased by 2.6 times and reached almost 400 billion rubles. A significant contribution to the overall financial result is made by enterprises operating in manufacturing industries (71.6% of the total), Bashkortostan Statistics Agency reported in a statement prepared on the eve of the International Day of Accountants, annually celebrated on November 10.

Recall that the data on the financial condition of Bashkiria’s organizations for January-August of the current year was updated the day before.

The largest amount of profit was received by organizations operating in manufacturing - 221 billion rubles, wholesale and retail trade; repair of vehicles and motorcycles - 29.5 billion rubles, supply of electricity, gas and steam; air conditioning - 13.8 billion rubles, mining - 12.5 billion rubles, professional, scientific and technical activities - 12.1 billion rubles.

The share of profitable organizations in January-August 2022 increased to 74.6%.

Author: Galina Bakhshieva