After Russia, the Ukrainian republic was the most important
economic component of the former Soviet Union, producing about four times the
output of the next-ranking republic. Its fertile black soil generated more than
one-fourth of Soviet agricultural output, and its farms provided substantial
quantities of meat, milk, grain, and vegetables to other republics. Likewise,
its diversified heavy industry supplied the unique equipment (for example,
large diameter pipes) and raw materials to industrial and mining sites
(vertical drilling apparatus) in other regions of the former USSR. Shortly
after independence in August 1991, the Ukrainian Government liberalized most
prices and erected a legal framework for privatization, but widespread
resistance to reform within the government and the legislature soon stalled
reform efforts and led to some backtracking. Output by 1999 had fallen to less
than 40% of the 1991 level. Ukraine's dependence on Russia for energy supplies
and the lack of significant structural reform have made the Ukrainian economy
vulnerable to external shocks. Ukraine depends on imports to meet about
three-fourths of its annual oil and natural gas requirements and 100% of its
nuclear fuel needs. After a two-week dispute that saw gas supplies cutoff to
Europe, Ukraine agreed to 10-year gas supply and transit contracts with Russia
in January 2009 that brought gas prices to "world" levels. The strict
terms of the contracts have further hobbled Ukraine's cash-strapped state gas
company, Naftohaz. Outside institutions - particularly the IMF - have
encouraged Ukraine to quicken the pace and scope of reforms to foster economic
growth. Ukrainian Government officials eliminated most tax and customs
privileges in a March 2005 budget law, bringing more economic activity out of
Ukraine's large shadow economy, but more improvements are needed, including
fighting corruption, developing capital markets, and improving the legislative
framework. Ukraine's economy was buoyant despite political turmoil between the
prime minister and president until mid-2008. Real GDP growth exceeded 7% in
2006-07, fueled by high global prices for steel - Ukraine's top export - and by
strong domestic consumption, spurred by rising pensions and wages. A drop in
steel prices and Ukraine's exposure to the global financial crisis due to
aggressive foreign borrowing lowered growth in 2008. Ukraine reached an
agreement with the IMF for a $16.4 billion Stand-By Arrangement in November
2008 to deal with the economic crisis, but the program quickly stalled due to
the Ukrainian Government's lack of progress in implementing reforms. The
economy contracted nearly 15% in 2009, among the worst economic performances in
the world. In April 2010, Ukraine negotiated a price discount on Russian gas
imports in exchange for extending Russia's lease on its naval base in Crimea.
In August 2010, Ukraine, under the YANUKOVYCH Administration, reached a new
agreement with the IMF for a $15.1 billion Stand-By Agreement. Economic growth
resumed in 2010 and 2011, buoyed by exports. After initial disbursements, the
IMF program stalled in early 2011 due to the Ukrainian Government's lack of
progress in implementing key gas sector reforms, namely gas tariff increases.
Economic growth slowed in the second half of 2012 with Ukraine finishing the
year in technical recession following two consecutive quarters of negative
growth.
|
|
Identification
|
|
Full Name
|
:
|
PRYVATNE AKTSIONERNE TOVARYSTVO CHERNIGIVSKIY
AVTOZAVOD
|
|
|
|
|
|
Name in English
|
:
|
CHERNIHIV AUTOPLANT, PJSC
|
|
Name in national language
|
:
|
Приватне
Акціонерне
Товариство
ЧЕРНІГІВСЬКИЙ
АВТОЗАВОД
|
|
|
|
Previous Names
|
:
|
|
-
|
ZAKRYTE AKTSIONERNE
TOVARYSTVO CHERNIGIVSKIY AVTOZAVOD
|
|
|
|
|
|
|
|
Office Address
|
:
|
|
312 Myru ave.,
Chernigiv, Chernigiv region, 14007, Ukraine
|
|
|
|
|
|
|
|
|
Legal Address
|
:
|
|
312 Myru ave.,
Chernigiv, Chernigiv region, 14007, Ukraine
|
|
|
|
|
|
|
|
|
Contacts
|
:
|
|
-
|
Phone
|
:
|
(+38 0462)
623800, 610141
|
|
-
|
Phone/fax
|
:
|
(+38 0462)
253338
|
|
-
|
E-mail
|
:
|
avtocher@chad.cn.ua
|
|
-
|
WWW
|
:
|
www.chaz-avto.com.ua
|
|
|
|
|
|
|
|
|
|
SUMMARY
Legal Form : Private Joint-Stock Company by Ukrainian Law
|
Incorporation : 2003
|
Staff : n/a
|
Litigation
events : n/a
Remarks on payments : n/a
|
|
Sales :
|
99 778.00 th
UAH ( for 12 months, ended 01.01.2013 )
|
|
|
150 310.00 th
UAH ( for 12 months, ended 31.12.2011 )
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Incorporation
|
:
|
2003
|
|
|
|
Registration
Data
|
|
|
|
Date of registration
|
:
|
21.08.2003
|
|
Registration number
|
:
|
32601556
|
|
Registr. authority
|
:
|
Local Executive Committee (Chernigiv,
Chernigiv region, Ukraine)
|
|
|
|
VAT number
|
:
|
326015525269
|
|
Registr. place
|
:
|
Ukraine
|
|
|
|
Number of VAT-certificate: 200015161 Date
of issue: 19.12.2011
|
|
|
|
Legal Form
|
:
|
|
Private
Joint-Stock Company by Ukrainian Law
|
since
21.08.2003
|
|
|
|
|
|
|
|
|
|
|
|
Share Capital
|
:
|
|
600 000 UAH (registered)
|
since
21.08.2003
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders
|
:
|
The information on the shareholders is not
available at the official sources. Due to the company’s legal form (JSC) the
list of shareholders is kept by the Registrar with the restricted public
access. According to the mass-media data as at 2nd quarter 2013 the principal
shareholders of CHERNIGIVSKIY AVTOZAVOD, PrJSC are: 1. ETALON (Ukraine),
registration number: 34618954, share: 40% 2. Bodmin AG (Switzerland), share:
40% 3. BODMIN-UKRAINA (Ukraine), registration number: 32162384, share: 20%
Source: http://smida.gov.ua/db/participant/32601556
|
|
|
|
Board /
Executives
|
|
|
|
|
|
Executives
|
|
|
|
Director
|
:
|
|
Mr Kuptsov
Valeriy Vladimirovich (Ukraine)
|
|
|
|
|
|
|
|
Authorised
signature
|
:
|
Mr Kuptsov Valeriy Vladimirovich
|
|
|
|
Changes in
Registration Data
|
|
|
|
- 24.11.2011
|
:
|
|
|
|
|
Activities
|
:
|
|
-
|
37
|
TRANSPORTATION
EQUIPMENT
|
|
|
|
(NACE 3500:
Manufacture of other transport equipment)
|
|
-
|
5012
|
Automobiles
and other motor vehicles
|
|
|
|
(NACE 5010:
Sale of motor vehicles)
|
|
|
|
|
|
|
|
|
|
|
Production and trade in trolleybuses,
buses(Urban Bus A079.14, A081.10; Suburban bus A079.14, A079.13; Intercity
bus A079.24, A079.34; Tourist bus A083.10, A079.23; Special bus A079.13/S;
Trolleybus BKM 321).
|
|
|
|
Staff employed
|
:
|
|
n/a
|
|
There is no
current in the official sources. The company's administration refused to
provide this information either.
|
|
|
|
|
|
|
|
Staff History
|
:
|
|
-
|
477
|
|
|
( the data as
of 31.12.2012 )
|
|
|
|
-
|
143
|
|
|
|
( the data as
of 31.03.2010 )
|
|
|
|
-
|
143
|
|
|
|
( the data as
of 31.12.2009 )
|
|
|
|
|
|
|
|
|
Export
|
:
|
none
|
|
|
|
Import
|
|
|
|
- 01.04.2013
|
:
|
|
Fiscal period:
3 month(s), currency: UAH
|
351 374 838.00
|
|
|
|
|
|
|
|
|
India
|
|
|
|
- 01.12.2012
|
:
|
|
Fiscal period:
11 month(s), currency: UAH
|
9 295 895.00
|
|
|
|
|
|
|
|
|
- 01.05.2011
|
:
|
|
Fiscal period:
4 month(s), currency: UAH
|
996 510.00
|
|
|
|
|
|
|
|
|
Facilities
|
|
|
|
Real estate
|
:
|
|
unknown
ownership:
|
|
-
|
Premises -
Office
|
|
|
address
|
:
|
312 Myru ave.,
Chernigiv, Chernigiv region, 14007, Ukraine
|
|
|
|
|
|
|
|
|
|
Subsidiaries and
Participation
|
:
|
|
-
|
Chernigivska
Derevoobrobna Kompaniya (Ukraine)
|
share n/a
|
|
|
|
reg. number
|
:
|
31718419
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bankers
|
:
|
|
-
|
TAVRIKA (Ukraine)
|
|
|
bank code
|
:
|
300788
|
|
|
account(s)
|
:
|
260013010724
USD, EUR
|
|
|
|
-
|
UKRPROMBANK (Ukraine)
|
|
|
bank code
|
:
|
353661
|
|
|
account(s)
|
:
|
2600801300435
UAH, USD, EUR, RUB
|
|
|
|
|
|
|
|
|
|
Suppliers
|
:
|
|
-
|
ASHOK LEYLAND
LTD (India)
|
|
|
|
|
|
|
|
|
|
Other associated
Companies
|
:
|
|
-
|
ETALON (Ukraine)
|
|
|
The ordered company
(CHERNIGIVSKIY AVTOZAVOD) is part of the corporation ETALON.
|
|
|
|
|
|
|
|
|
|
Litigation
|
:
|
Generally in the DB of the Unified State
Register of the Legal Judgements data there have been traced 28 court where the
subject company is filed as a defendant, co-defendant, claimant and
co-claimant in the period from 11.06.2009 up to 10.09.2013. There are no
bankruptcy/insolvency filed.
|
|
|
|
According to the data of Bulletin of the
State Registration as of 30.09.2013, there are no bankruptcy records
registered in the name of the subject company.
|
|
|
|
Remarks on
payment
|
:
|
No official information is available
according to the Ukrainian legislation.
|
|
|
|
Financial
Elements
|
|
|
|
|
|
Period, months
|
12
|
|
12
|
|
12
|
|
|
Ended
|
01.01.2013
|
|
31.12.2011
|
|
31.12.2010
|
|
|
Currency
|
UAH th
|
|
UAH th
|
|
UAH th
|
|
|
Comments
|
|
|
**)
|
|
|
|
|
|
|
===== BALANCE SHEET ====================
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
--- A S S E T S --------------------
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NON-CURRENT
ASSETS
|
|
|
|
|
|
|
|
- Intangible
assets
|
7.00
|
|
17.00
|
|
|
|
|
- Fixed assets
|
68 409.00
|
|
56 900.00
|
|
48 208.00
|
|
|
- Investments
in tangible assets
|
|
|
|
|
|
|
|
- Financial
assets
|
60.00
|
|
60.00
|
|
60.00
|
|
|
- Other
non-current assets
|
|
|
0.00
|
|
|
|
|
Non-current
assets total
|
68 476.00
|
|
56 977.00
|
|
49 632.00
|
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS
|
|
|
|
|
|
|
|
- Stock
|
46 689.00
|
|
59 865.00
|
|
43 388.00
|
|
|
- Debtors
|
61 868.00
|
|
18 849.00
|
|
37 747.00
|
|
|
- Other
receivables
|
3 065.00
|
|
8 629.00
|
|
|
|
|
- Short-term financial
investments
|
|
|
0.00
|
|
|
|
|
- Cash
|
3 419.00
|
|
2 248.00
|
|
553.00
|
|
|
- Other
current assets
|
5 108.00
|
|
5 420.00
|
|
|
|
|
Current assets
total
|
120 149.00
|
|
95 011.00
|
|
81 775.00
|
|
|
|
|
|
|
|
|
|
|
Assets total
|
188 625.00
|
|
151 988.00
|
|
132 019.00
|
|
|
|
|
|
|
|
|
|
|
--- EQUITY AND LIABILITIES ---------
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL AND
RESERVES
|
|
|
|
|
|
|
|
- Share
capital
|
600.00
|
|
600.00
|
|
600.00
|
|
|
- Additional
capital
|
|
|
0.00
|
|
|
|
|
- Other
capital
|
|
|
0.00
|
|
|
|
|
- Reserve
capital
|
|
|
0.00
|
|
|
|
|
- Retained
earnings (Non-covered loss)
|
-22 280.00
|
|
-6 583.00
|
|
|
|
|
Capital and reserves
total
|
-21 680.00
|
|
-5 983.00
|
|
-8 041.00
|
|
|
|
|
|
|
|
|
|
|
Provisions
|
|
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
LONG-TERM
LIABILITIES
|
|
|
|
|
|
|
|
- Loans and
credits
|
26 986.00
|
|
32 858.00
|
|
|
|
|
- long-term amounts owed to banks
|
26 986.00
|
|
32 858.00
|
|
|
|
|
- Other
long-term liabilities
|
118 609.00
|
|
97 791.00
|
|
|
|
|
Long-term
liabilities total
|
145 595.00
|
|
130 649.00
|
|
105 147.00
|
|
|
|
|
|
|
|
|
|
|
SHORT-TERM
LIABILITIES
|
|
|
|
|
|
|
|
- Loans and
credits
|
|
|
0.00
|
|
|
|
|
- short-term amounts owed to banks
|
|
|
0.00
|
|
|
|
|
- Creditors
|
63 303.00
|
|
25 769.00
|
|
|
|
|
- trade debts
|
63 149.00
|
|
24 778.00
|
|
|
|
|
- accrued payroll
|
|
|
565.00
|
|
|
|
|
- tax liabilities
|
153.00
|
|
422.00
|
|
|
|
|
- other creditors
|
|
|
|
|
|
|
|
- advances received
|
1.00
|
|
4.00
|
|
|
|
|
- Dividends in
arrears
|
|
|
|
|
|
|
|
- Accrued
income, deferred charges
|
|
|
0.00
|
|
|
|
|
- Other
short-term liabilities
|
1 407.00
|
|
1 553.00
|
|
|
|
|
Short-term
liabilities total
|
64 710.00
|
|
27 322.00
|
|
34 913.00
|
|
|
|
|
|
|
|
|
|
|
Liabilities
total
|
210 305.00
|
|
157 971.00
|
|
140 060.00
|
|
|
Equity and
liabilities total
|
188 625.00
|
|
151 988.00
|
|
132 019.00
|
|
|
|
|
|
|
|
|
|
|
===== PROFIT AND LOSS ACCOUNT ==========
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ORDINARY ACTIVITY
INCOME AND CHARGES
|
|
|
|
|
|
|
|
Net sales
|
99 778.00
|
|
150 310.00
|
|
98 271.00
|
|
|
Cost of goods
sold
|
82 744.00
|
|
117 354.00
|
|
48 072.00
|
|
|
Gross profit
|
17 034.00
|
|
32 956.00
|
|
|
|
|
Distribution
costs
|
604.00
|
|
2 452.00
|
|
|
|
|
Administrative
and management costs
|
27 757.00
|
|
24 997.00
|
|
|
|
|
Profit on
sales
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OPERATING
INCOME AND CHARGES
|
|
|
|
|
|
|
|
Interest
receivable
|
|
|
|
|
|
|
|
Interest
payable
|
|
|
|
|
|
|
|
Income from
participating interests
|
|
|
0.00
|
|
|
|
|
Other
operating income
|
32 842.00
|
|
2 442.00
|
|
|
|
|
Other
operating charges
|
33 521.00
|
|
2 931.00
|
|
|
|
|
Operating
profit
|
|
|
|
|
3 002.00
|
|
|
|
|
|
|
|
|
|
|
INVESTMENT
INCOME AND CHARGES
|
|
|
|
|
|
|
|
Investment
income less charges
|
-4 288.00
|
|
-5 037.00
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before
taxation
|
-16 294.00
|
|
-19.00
|
|
-3 337.00
|
|
|
Income-tax and
other similar payments
|
|
|
0.00
|
|
|
|
|
Profit (loss)
from ordinary activity
|
|
|
|
|
|
|
|
Extraordinary
income less charges
|
|
|
5.00
|
|
|
|
|
Net profit
|
-16 089.00
|
|
2 058.00
|
|
-3 337.00
|
|
|
|
|
|
|
|
|
|
|
|
|
- - - - - - -
KEY RATIOS - - - - - - -
|
|
|
|
|
|
|
|
Return on
sales, %
|
-16.33
|
|
-0.01
|
|
-3.40
|
|
|
Profit before taxation / Net sales
|
|
|
|
|
|
|
|
Operating
margin of profit, %
|
|
|
|
|
3.05
|
|
|
Operating profit / Net sales
|
|
|
|
|
|
|
|
Return on
investment, %
|
75.16
|
|
0.32
|
|
41.50
|
|
|
Profit before taxation / Equity
|
|
|
|
|
|
|
|
Current assets
turnover
|
0.83
|
|
1.58
|
|
1.20
|
|
|
Net sales / Current assets
|
|
|
|
|
|
|
|
Working
capital
|
55 439.00
|
|
67 689.00
|
|
46 862.00
|
|
|
Current assets - Short-term liabilities
|
|
|
|
|
|
|
|
Leverage
|
-0.11
|
|
-0.04
|
|
-0.06
|
|
|
Equity / Total assets
|
|
|
|
|
|
|
|
Current ratio
|
1.86
|
|
3.48
|
|
2.34
|
|
|
Current assets / Short-term liabilities
|
|
|
|
|
|
|
|
Quick ratio
|
1.14
|
|
1.29
|
|
1.10
|
|
|
(Current assets - Stock) / Short-term
liabilities
|
|
|
|
|
|
|
|
Debt-to-equity
ratio
|
-9.70
|
|
-26.40
|
|
-17.42
|
|
|
Total liabilities / Equity
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
**)
|
|
|
|
Results of
automatic check:
CONSISTENCY
NOTE(S):
- "Net
profit" (2058) not equal to calculated result (-14)
|
|
|
|
|
|
The company is registered as a taxpayer at
the State Tax Administration.
|
|
|
|
FINAL COMMENTS
|
|
|
|
|
The information
given in this report was collected from all the sources accessible. We
contacted secretary on 27.09.2013 by the tel. number: +38 0462 53338. She
confirmed the general information and asked us to send a questionnaire. An
inquiry was sent for the attention of the Director but no answer was
received. If the additional information comes in we will update the subject
report. The ordered phone number (+38 0462 610146) is incorrect.
|
|
|
|
|
|
|
|
APPENDIX A
|
|
|
|
|
|
Financial
Statements
|
|
|
|
|
|
Period, months
|
12
|
|
12
|
|
12
|
|
|
Ended
|
01.01.2013
|
|
31.12.2011
|
|
31.12.2010
|
|
|
Currency
|
UAH th
|
|
UAH th
|
|
UAH th
|
|
|
|
|
PROFIT AND LOSS ACCOUNT (s)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
010 Sales revenue (Income from sales of
goods, work,
|
120 720.00
|
|
|
|
|
|
|
services
|
|
|
|
|
|
|
|
015 VAT tax
|
20 120.00
|
|
|
|
|
|
|
020 Excise tax
|
|
|
|
|
|
|
|
025
|
|
|
|
|
|
|
|
030 Other compulsory payments
|
822.00
|
|
|
|
|
|
|
035 Net sales revenue
|
99 778.00
|
|
|
|
|
|
|
040 Cost of goods, work, services
|
82 744.00
|
|
|
|
|
|
|
045 Total production costs
|
|
|
|
|
|
|
|
050 Gross profit
|
17 034.00
|
|
|
|
|
|
|
055 Gross loss
|
|
|
|
|
|
|
|
060 Other operating income
|
32 841.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
070 Administrative and management costs
|
27 757.00
|
|
|
|
|
|
|
080 Distribution costs
|
604.00
|
|
|
|
|
|
|
090 Other operating charges
|
33 468.00
|
|
|
|
|
|
|
100 Operating profit
|
|
|
|
|
|
|
|
105 Operating loss
|
11 954.00
|
|
|
|
|
|
|
110 Income from capital participating
|
|
|
|
|
|
|
|
120 Other financial income
|
64.00
|
|
|
|
|
|
|
130 Other income
|
1.00
|
|
|
|
|
|
|
140 Financial charges
|
4 352.00
|
|
|
|
|
|
|
150 Capital participating expenses
|
|
|
|
|
|
|
|
160 Other expenses
|
53.00
|
|
|
|
|
|
|
170 Profit from ordinary activity before
taxation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
175 Loss from ordinary activity before
taxation
|
16 294.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
180 Ordinary activity Income-tax
|
|
|
|
|
|
|
|
185 Income tax expense
|
205.00
|
|
|
|
|
|
|
190 Profit from ordinary activity
|
|
|
|
|
|
|
|
195 Loss from ordinary activity
|
16 089.00
|
|
|
|
|
|
|
200 Extraordinary income
|
|
|
|
|
|
|
|
205 Extraordinary charges
|
|
|
|
|
|
|
|
210 Extraordinary activity Income-Tax
|
|
|
|
|
|
|
|
220 Net profit
|
|
|
|
|
|
|
|
225 Net loss
|
16 089.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
charges details:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
230 Tangible expenses
|
61 235.00
|
|
|
|
|
|
|
240 Payroll costs
|
9 481.00
|
|
|
|
|
|
|
250 Allocation to social needs
|
3 527.00
|
|
|
|
|
|
|
260 Amortization charges
|
3 572.00
|
|
|
|
|
|
|
270 Other operating charges
|
34 329.00
|
|
|
|
|
|
|
280 Operating charges total
|
112 144.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
|
|
|
|
BALANCE SHEET
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I. NON-CURRENT ASSETS
|
|
|
|
|
|
|
|
Intangible assets
|
|
|
|
|
|
|
|
010 residual value
|
7.00
|
|
|
|
|
|
|
011 acquisition cost
|
5 240.00
|
|
|
|
|
|
|
012 depreciation
|
5 233.00
|
|
|
|
|
|
|
020 Construction in progress
|
8 301.00
|
|
|
|
|
|
|
Fixed assets
|
|
|
|
|
|
|
|
030 residual value
|
60 108.00
|
|
|
|
|
|
|
031 acquisition cost
|
71 746.00
|
|
|
|
|
|
|
032 depreciation
|
11 638.00
|
|
|
|
|
|
|
Long-term biological assets
|
|
|
|
|
|
|
|
035 residual value
|
|
|
|
|
|
|
|
036 acquisition cost
|
|
|
|
|
|
|
|
037 depreciation
|
|
|
|
|
|
|
|
Long-term financial assets
|
|
|
|
|
|
|
|
040 Capital participation in other
enterprises
|
60.00
|
|
|
|
|
|
|
045 Other financial investments
|
|
|
|
|
|
|
|
050 Long-term accounts receivable
|
|
|
|
|
|
|
|
060 Deferred tax assets
|
|
|
|
|
|
|
|
070 Other non-current assets
|
|
|
|
|
|
|
|
080 NON-CURRENT ASSETS TOTAL
|
68 476.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
II. CURRENT ASSETS
|
|
|
|
|
|
|
|
Stock
|
|
|
|
|
|
|
|
100 Raw materials, consumables and
supplies
|
37 203.00
|
|
|
|
|
|
|
110 Current biological assets
|
|
|
|
|
|
|
|
120 Work in progress
|
6 409.00
|
|
|
|
|
|
|
130 Finished goods
|
3 077.00
|
|
|
|
|
|
|
140 Goods for resale
|
|
|
|
|
|
|
|
150 Bills of exchange receivable
|
|
|
|
|
|
|
|
Trade debtors:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
160 net realizable value
|
61 024.00
|
|
|
|
|
|
|
161 acquisition cost
|
61 024.00
|
|
|
|
|
|
|
162 doubtful debts reserve
|
|
|
|
|
|
|
|
Accounts receivable
|
|
|
|
|
|
|
|
170 Budget accounts receivable
|
48.00
|
|
|
|
|
|
|
180 Payments in advance
|
844.00
|
|
|
|
|
|
|
190 Accrued income
|
|
|
|
|
|
|
|
200 Internal payments
|
|
|
|
|
|
|
|
210 Other current accounts receivable
|
3 017.00
|
|
|
|
|
|
|
220 Current financial investments
|
|
|
|
|
|
|
|
Cash at bank and on hands
|
|
|
|
|
|
|
|
230 Funds in local currency
|
3 418.00
|
|
|
|
|
|
|
231 incl. cash on hands
|
|
|
|
|
|
|
|
240 Funds in foreign currencies
|
1.00
|
|
|
|
|
|
|
250 Other current assets
|
116.00
|
|
|
|
|
|
|
260 CURRENT ASSETS TOTAL
|
115 157.00
|
|
|
|
|
|
|
270 III. DEFERRED CHARGES
|
4 992.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
280 ASSETS TOTAL
|
188 625.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EQUITY AND
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
I. CAPITAL AND RESERVES
|
|
|
|
|
|
|
|
300 Authorized capital
|
600.00
|
|
|
|
|
|
|
310 Share capital
|
|
|
|
|
|
|
|
320 Additional contributed capital
|
|
|
|
|
|
|
|
330 Other additional capital
|
|
|
|
|
|
|
|
340 Reserve capital
|
|
|
|
|
|
|
|
350 Retained earnings (loss)
|
-22 280.00
|
|
|
|
|
|
|
360 Unpaid capital (minus)
|
|
|
|
|
|
|
|
370 Retired capital (minus)
|
|
|
|
|
|
|
|
380 CAPITAL AND RESERVES TOTAL
|
-21 680.00
|
|
|
|
|
|
|
II. PROVISIONS OF EXPENSES AND
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
400 Provisions of payments to personnel
|
|
|
|
|
|
|
|
410 Other provisions
|
|
|
|
|
|
|
|
415 Insurance reserves
|
|
|
|
|
|
|
|
416 portion covered by insurers
|
|
|
|
|
|
|
|
417
|
|
|
|
|
|
|
|
418
|
|
|
|
|
|
|
|
420 Targeted funding
|
|
|
|
|
|
|
|
430 PROVISIONS OF EXPENSES AND
|
|
|
|
|
|
|
|
LIABILITIES TOTAL
|
|
|
|
|
|
|
|
III. LONG-TERM LIABILITIES
|
|
|
|
|
|
|
|
440 Long-term amounts owed to credit
institutions
|
26 986.00
|
|
|
|
|
|
|
450 Other financial liabilities
|
|
|
|
|
|
|
|
460 Deferred tax liabilities
|
|
|
|
|
|
|
|
470 Other long-term liabilities
|
118 609.00
|
|
|
|
|
|
|
480 TOTAL LONG-TERM LIABILITIES
|
145 595.00
|
|
|
|
|
|
|
IV. SHORT-TERM LIABILITIES
|
|
|
|
|
|
|
|
500 Short-term amounts owed to credit
institutions
|
|
|
|
|
|
|
|
510 Short-term portion of long-term
liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
520 Bills of exchange payable
|
|
|
|
|
|
|
|
530 Trade creditors
|
63 149.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable:
|
|
|
|
|
|
|
|
540 Advance payments
|
1.00
|
|
|
|
|
|
|
550 Budget accounts payable
|
81.00
|
|
|
|
|
|
|
560 Non-budget accounts payable
|
|
|
|
|
|
|
|
570 Insurance payments
|
72.00
|
|
|
|
|
|
|
580 Accrued payroll
|
|
|
|
|
|
|
|
590 Liabilities to shareholders
|
|
|
|
|
|
|
|
600 Internal payments
|
|
|
|
|
|
|
|
610 Other short-term liabilities
|
1 407.00
|
|
|
|
|
|
|
620 SHORT-TERM LIABILITIES TOTAL
|
64 710.00
|
|
|
|
|
|
|
630 V.
DEFERRED INCOME
|
|
|
|
|
|
|
|
640 EQUITY AND LIABILITIES TOTAL
|
188 625.00
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- 31.12.2011
|
:
|
|
Fiscal period:
12 month(s), currency: UAH, th
|
|
|
|
PROFIT AND
LOSS ACCOUNT (s)
|
|
|
|
|
|
|
|
010 Sales revenue (Income from sales of
goods, work,
|
189 679.00
|
|
|
services
|
|
|
|
015 VAT tax
|
31 613.00
|
|
|
020 Excise tax
|
0.00
|
|
|
025
|
0.00
|
|
|
030 Other compulsory payments
|
7 756.00
|
|
|
035 Net sales revenue
|
150 310.00
|
|
|
040 Cost of goods, work, services
|
117 354.00
|
|
|
045 Total production costs
|
|
|
|
050 Gross profit
|
32 956.00
|
|
|
055 Gross loss
|
0.00
|
|
|
060 Other operating income
|
2 389.00
|
|
|
|
|
|
|
070 Administrative and management costs
|
24 997.00
|
|
|
080 Distribution costs
|
2 452.00
|
|
|
090 Other operating charges
|
2 868.00
|
|
|
100 Operating profit
|
5 028.00
|
|
|
105 Operating loss
|
0.00
|
|
|
110 Income from capital participating
|
0.00
|
|
|
120 Other financial income
|
604.00
|
|
|
130 Other income
|
53.00
|
|
|
140 Financial charges
|
5 641.00
|
|
|
150 Capital participating expenses
|
0.00
|
|
|
160 Other expenses
|
63.00
|
|
|
170 Profit from ordinary activity before
taxation
|
0.00
|
|
|
|
|
|
|
175 Loss from ordinary activity before
taxation
|
19.00
|
|
|
|
|
|
|
180 Ordinary activity Income-tax
|
0.00
|
|
|
190 Profit from ordinary activity
|
2 053.00
|
|
|
195 Loss from ordinary activity
|
0.00
|
|
|
200 Extraordinary income
|
5.00
|
|
|
205 Extraordinary charges
|
0.00
|
|
|
210 Extraordinary activity Income-Tax
|
0.00
|
|
|
220 Net profit
|
2 058.00
|
|
|
225 Net loss
|
0.00
|
|
|
|
|
|
|
Operating
charges details:
|
|
|
|
|
|
|
|
230 Tangible expenses
|
227 582.00
|
|
|
240 Payroll costs
|
8 943.00
|
|
|
250 Allocation to social needs
|
3 414.00
|
|
|
260 Amortization charges
|
3 932.00
|
|
|
270 Other operating charges
|
21 830.00
|
|
|
280 Operating charges total
|
265 701.00
|
|
|
|
|
|
|
- - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
BALANCE SHEET
|
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
|
I. NON-CURRENT ASSETS
|
|
|
|
Intangible assets
|
|
|
|
010 residual value
|
17.00
|
|
|
011 acquisition cost
|
5 240.00
|
|
|
012 depreciation
|
5 223.00
|
|
|
020 Construction in progress
|
6 340.00
|
|
|
Fixed assets
|
|
|
|
030 residual value
|
50 560.00
|
|
|
031 acquisition cost
|
59 062.00
|
|
|
032 depreciation
|
8 502.00
|
|
|
Long-term biological assets
|
|
|
|
035 residual value
|
|
|
|
036 acquisition cost
|
|
|
|
037 depreciation
|
|
|
|
Long-term financial assets
|
|
|
|
040 Capital participation in other
enterprises
|
60.00
|
|
|
045 Other financial investments
|
0.00
|
|
|
050 Long-term accounts receivable
|
0.00
|
|
|
060 Deferred tax assets
|
0.00
|
|
|
070 Other non-current assets
|
0.00
|
|
|
080 NON-CURRENT ASSETS TOTAL
|
56 977.00
|
|
|
|
|
|
|
II. CURRENT ASSETS
|
|
|
|
Stock
|
|
|
|
100 Raw materials, consumables and
supplies
|
39 730.00
|
|
|
110 Current biological assets
|
0.00
|
|
|
120 Work in progress
|
5 726.00
|
|
|
130 Finished goods
|
14 409.00
|
|
|
140 Goods for resale
|
0.00
|
|
|
150 Bills of exchange receivable
|
0.00
|
|
|
Trade debtors:
|
|
|
|
|
|
|
|
160 net realizable value
|
11 258.00
|
|
|
161 acquisition cost
|
11 258.00
|
|
|
162 doubtful debts reserve
|
0.00
|
|
|
Accounts receivable
|
|
|
|
170 Budget accounts receivable
|
1.00
|
|
|
180 Payments in advance
|
7 591.00
|
|
|
190 Accrued income
|
0.00
|
|
|
200 Internal payments
|
0.00
|
|
|
210 Other current accounts receivable
|
8 628.00
|
|
|
220 Current financial investments
|
0.00
|
|
|
Cash at bank and on hands
|
|
|
|
230 Funds in local currency
|
2 245.00
|
|
|
231 incl. cash on hands
|
|
|
|
240 Funds in foreign currencies
|
3.00
|
|
|
250 Other current assets
|
1 548.00
|
|
|
260 CURRENT ASSETS TOTAL
|
91 139.00
|
|
|
270 III. DEFERRED CHARGES
|
3 872.00
|
|
|
|
|
|
|
280 ASSETS TOTAL
|
151 988.00
|
|
|
|
|
|
|
EQUITY AND
LIABILITIES
|
|
|
|
|
|
|
|
I. CAPITAL AND RESERVES
|
|
|
|
300 Authorized capital
|
600.00
|
|
|
310 Share capital
|
0.00
|
|
|
320 Additional contributed capital
|
0.00
|
|
|
330 Other additional capital
|
0.00
|
|
|
340 Reserve capital
|
0.00
|
|
|
350 Retained earnings (loss)
|
-6 583.00
|
|
|
360 Unpaid capital (minus)
|
0.00
|
|
|
370 Retired capital (minus)
|
0.00
|
|
|
380 CAPITAL AND RESERVES TOTAL
|
-5 983.00
|
|
|
II. PROVISIONS OF EXPENSES AND
|
|
|
|
LIABILITIES
|
|
|
|
400 Provisions of payments to personnel
|
0.00
|
|
|
410 Other provisions
|
0.00
|
|
|
415 Insurance reserves
|
0.00
|
|
|
416 portion covered by insurers
|
0.00
|
|
|
417
|
|
|
|
418
|
|
|
|
420 Targeted funding
|
0.00
|
|
|
430 PROVISIONS OF EXPENSES AND
|
0.00
|
|
|
LIABILITIES TOTAL
|
|
|
|
III. LONG-TERM LIABILITIES
|
|
|
|
440 Long-term amounts owed to credit
institutions
|
32 858.00
|
|
|
450 Other financial liabilities
|
0.00
|
|
|
460 Deferred tax liabilities
|
205.00
|
|
|
470 Other long-term liabilities
|
97 586.00
|
|
|
480 TOTAL LONG-TERM LIABILITIES
|
130 649.00
|
|
|
IV. SHORT-TERM LIABILITIES
|
|
|
|
500 Short-term amounts owed to credit
institutions
|
0.00
|
|
|
510 Short-term portion of long-term
liabilities
|
0.00
|
|
|
|
|
|
|
520 Bills of exchange payable
|
0.00
|
|
|
530 Trade creditors
|
24 778.00
|
|
|
|
|
|
|
Accounts payable:
|
|
|
|
540 Advance payments
|
4.00
|
|
|
550 Budget accounts payable
|
147.00
|
|
|
560 Non-budget accounts payable
|
0.00
|
|
|
570 Insurance payments
|
275.00
|
|
|
580 Accrued payroll
|
565.00
|
|
|
590 Liabilities to shareholders
|
0.00
|
|
|
600 Internal payments
|
0.00
|
|
|
610 Other short-term liabilities
|
1 553.00
|
|
|
620 SHORT-TERM LIABILITIES TOTAL
|
27 322.00
|
|
|
630 V.
DEFERRED INCOME
|
0.00
|
|
|
640 EQUITY AND LIABILITIES TOTAL
|
151 988.00
|
|
|
|
|
|
|
|
|
|
|
|
- 31.12.2010
|
:
|
|
Fiscal period:
12 month(s), currency: UAH, th
|
|
|
|
PROFIT AND
LOSS ACCOUNT (s)
|
|
|
|
|
|
|
|
010 Sales revenue (Income from sales of
goods, work,
|
98 271.00
|
|
|
services
|
|
|
|
015 VAT tax
|
16 379.00
|
|
|
020 Excise tax
|
0.00
|
|
|
025
|
|
|
|
030 Other compulsory payments
|
13 943.00
|
|
|
035 Net sales revenue
|
67 949.00
|
|
|
040 Cost of goods, work, services
|
48 072.00
|
|
|
050 Gross profit
|
19 877.00
|
|
|
055 Gross loss
|
0.00
|
|
|
060 Other operating income
|
1 292.00
|
|
|
070 Administrative and management costs
|
15 547.00
|
|
|
080 Distribution costs
|
1 051.00
|
|
|
090 Other operating charges
|
1 569.00
|
|
|
100 Operating profit
|
3 002.00
|
|
|
105 Operating loss
|
0.00
|
|
|
110 Income from capital participating
|
0.00
|
|
|
120 Other financial income
|
36.00
|
|
|
130 Other income
|
3.00
|
|
|
140 Financial charges
|
6 392.00
|
|
|
150 Capital participating expenses
|
0.00
|
|
|
160 Other expenses
|
206.00
|
|
|
170 Profit from ordinary activity before
taxation
|
0.00
|
|
|
|
|
|
|
175 Loss from ordinary activity before
taxation
|
3 557.00
|
|
|
|
|
|
|
180 Ordinary activity Income-tax
|
0.00
|
|
|
190 Profit from ordinary activity
|
0.00
|
|
|
195 Loss from ordinary activity
|
3 361.00
|
|
|
200 Extraordinary income
|
24.00
|
|
|
205 Extraordinary charges
|
0.00
|
|
|
210 Extraordinary activity Income-Tax
|
0.00
|
|
|
220 Net profit
|
0.00
|
|
|
225 Net loss
|
3 337.00
|
|
|
|
|
|
|
Operating
charges details:
|
|
|
|
|
|
|
|
230 Tangible expenses
|
114 196.00
|
|
|
240 Payroll costs
|
4 089.00
|
|
|
250 Allocation to social needs
|
1 567.00
|
|
|
260 Amortization charges
|
2 439.00
|
|
|
270 Other operating charges
|
11 349.00
|
|
|
280 Operating charges total
|
133 640.00
|
|
|
|
|
|
|
- - - - - - -
- - - - - - - - - - - - - - - - - - - - - - - -
|
|
|
|
BALANCE SHEET
|
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
|
I. NON-CURRENT ASSETS
|
|
|
|
Intangible assets
|
|
|
|
010 residual value
|
1 364.00
|
|
|
011 acquisition cost
|
5 945.00
|
|
|
012 depreciation
|
4 581.00
|
|
|
020 Construction in progress
|
10 542.00
|
|
|
Fixed assets
|
|
|
|
030 residual assets
|
37 666.00
|
|
|
031 acquisition cost
|
44 338.00
|
|
|
032 depreciation
|
6 672.00
|
|
|
Long-term financial assets
|
|
|
|
040 Capital participation in other
enterprises
|
60.00
|
|
|
045 Other financial investments
|
0.00
|
|
|
050 Long-term accounts receivable
|
0.00
|
|
|
060 Deferred tax charges
|
0.00
|
|
|
070 Other non-current assets
|
0.00
|
|
|
080 NON-CURRENT ASSETS TOTAL
|
49 632.00
|
|
|
|
|
|
|
II. CURRENT ASSETS
|
|
|
|
Stock
|
|
|
|
100 Raw materials, consumables and
supplies
|
28 276.00
|
|
|
110 Working and productive animals
|
0.00
|
|
|
120 Construction in progress
|
4 375.00
|
|
|
130 Finished goods
|
10 413.00
|
|
|
140 Goods for resale
|
324.00
|
|
|
150 Bills of exchange receivable
|
0.00
|
|
|
Trade debtors:
|
|
|
|
|
|
|
|
160 net realizable value
|
27 059.00
|
|
|
161 acquisition cost
|
27 059.00
|
|
|
162 doubtful debts reserve
|
0.00
|
|
|
Accounts receivable
|
|
|
|
170 Budget accounts receivable
|
56.00
|
|
|
180 Payments in advance
|
1 781.00
|
|
|
190 Accrued income
|
0.00
|
|
|
200 Internal payments
|
0.00
|
|
|
210 Other current accounts receivable
|
8 851.00
|
|
|
220 Current financial investments
|
0.00
|
|
|
Cash at bank and in hand
|
|
|
|
230 Funds in local currency
|
552.00
|
|
|
240 Funds in foreign currencies
|
1.00
|
|
|
250 Other current assets
|
87.00
|
|
|
260 CURRENT ASSETS TOTAL
|
81 775.00
|
|
|
270 III. DEFERRED CHARGES
|
612.00
|
|
|
|
|
|
|
280 ASSETS TOTAL
|
132 019.00
|
|
|
|
|
|
|
EQUITY AND
LIABILITIES
|
|
|
|
|
|
|
|
I. CAPITAL AND RESERVES
|
|
|
|
300 Authorized capital
|
600.00
|
|
|
310 Share capital
|
0.00
|
|
|
320 Additional contributed capital
|
0.00
|
|
|
330 Other additional capital
|
0.00
|
|
|
340 Reserve capital
|
0.00
|
|
|
350 Retained earnings (loss)
|
-8 641.00
|
|
|
360 Unpaid capital (minus)
|
0.00
|
|
|
370 Retired capital (minus)
|
0.00
|
|
|
380 CAPITAL AND RESERVES TOTAL
|
-8 041.00
|
|
|
II.
PROVISIONS FOR EXPENSES AND
|
|
|
|
LIABILITIES
|
|
|
|
400 Provisions for payments to personnel
|
0.00
|
|
|
410 Other provisions
|
0.00
|
|
|
415 Insurance reserves
|
0.00
|
|
|
416 portion covered by insurers
|
0.00
|
|
|
420 Special-purpose funding
|
0.00
|
|
|
430 PROVISIONS FOR EXPENSES AND
|
0.00
|
|
|
LIABILITIES TOTAL
|
|
|
|
III. LONG-TERM LIABILITIES
|
|
|
|
440 Long-term amounts owed to credit
institutions
|
26 986.00
|
|
|
450 Other financial liabilities
|
0.00
|
|
|
460 Deferred tax liabilities
|
2 277.00
|
|
|
470 Other long-term liabilities
|
75 884.00
|
|
|
480 TOTAL LONG-TERM LIABILITIES
|
105 147.00
|
|
|
IV. SHORT-TERM LIABILITIES
|
|
|
|
500 Short-term amounts owed to credit
institutions
|
0.00
|
|
|
510 Short-term portion of long-term
liabilities
|
13 160.00
|
|
|
|
|
|
|
520 Bills of exchange payable
|
0.00
|
|
|
530 Trade creditors
|
19 292.00
|
|
|
|
|
|
|
Accounts payable:
|
|
|
|
540 Advance payments
|
321.00
|
|
|
550 Budget accounts payable
|
83.00
|
|
|
560 Non-budget accounts payable
|
0.00
|
|
|
570 Insurance payments
|
202.00
|
|
|
580 Accrued payroll
|
404.00
|
|
|
590 Liabilities to shareholders
|
0.00
|
|
|
600 Internal payments
|
0.00
|
|
|
610 Other short-term liabilities
|
1 451.00
|
|
|
620 SHORT-TERM LIABILITIES TOTAL
|
34 913.00
|
|
|
630 V.
DEFERRED INCOME
|
0.00
|
|
|
640 EQUITY AND LIABILITIES TOTAL
|
132 019.00
|
|
|
|
|
|
|
|
|