scholarly journals SELECTION OF THE OPTIMAL METHODICAL APPROACH TO DETERMINING THE VALUE OF ENTERPRISES IN THE ALCOHOLIC INDUSTRY FROM THE POSITION OF BUSINESS ACTIVITY

2021 ◽  
Author(s):  
Olena Pozniakova ◽  
◽  
Olha Chubka ◽  
Natalia Gorlach ◽  
◽  
...  
Keyword(s):  
Raw Materials ◽  
Business Activity ◽  
State Budget ◽  
Alcohol Industry ◽  
Methodical Approach ◽  
Fixed Assets ◽  
Privatization Process ◽  
Optimal Approach ◽  
The Cost ◽  
Initial Starting

Business activity is aimed at increasing the market value of the object of evaluation. It helps to increase competitiveness, increase production and sales, which determines the relevance of the study in terms of privatization of enterprises in the alcohol industry. The purpose of the research is to determine the relationship between business activity indicators and methodological approaches to determine the value of alcohol companies, choosing the optimal approach in terms of reforming the alcohol industry, analysis of the privatization process in the field of “Ukrspirt” in 2020. The essence of business activity in broad and narrow meanings is defined. The analysis of business activity on the basis of coefficients and the rule of the economy of the enterprise on the example of financial statements of SE “Ukrspirt” are carried out. Conclusions on resource efficiency in 2018–2020 were made. Factors influencing the financial results of SE “Ukrspirt” in 2020 were identified: production of raw materials for domestic producers of antiseptics, demonopolization of the industry, privatization of state-owned enterprises. A short description of the income, market and cost approaches to determining the value of the enterprise is carried out. The influence of indicators of business activity on the choice of the approach of estimation of the enterprises of alcoholic branch is defined. It is substantiated that the optimal approach to determining the value of alcoholic enterprises subject to privatization is the cost approach, because it ignores the value of income, does not depend on the profitability of the object, is used to assess material-intensive enterprises, based on the balance value of property. It was established that the value of assets increased 2,5 times due to valuation of all fixed assets of SE “Ukrspirt”, commissioning of certain fixed assets that were not previously used. It is substantiated that the initial (starting) prices of privatization objects were formed at the level of book values. An analysis of the privatization process in the field of SE “Ukrspirt” is carried out: in the III quarter of 2020 were sold the first 18 PA (place of activity and storage of alcohol), in 2021 will put up for sale objects that have recently carried out production activities. Revenues to the state budget as a result of the reform of the alcohol industry have been estimated.

scholarly journals STUDY OF THE COMPETITIVENESS OF THE FORESTRY COMPLEX OF UKRAINE

2021 ◽  
Author(s):  
Svetlana Nesterenko
Keyword(s):  
Raw Materials ◽  
Value Added ◽  
Forest Industry ◽  
Foreign Markets ◽  
Regional Markets ◽  
Wood Residues ◽  
Fixed Assets ◽  
Capital Construction ◽  
The Cost ◽  
Negative Factors

The article is devoted to the study of such an important component of the competitiveness of the forestry complex as its production potential. To do this, the volume of harvested timber from felling for general use, indicators and structure of wood sales for export, the volume of wood residues in warehouses and the cost of sales of one impersonal m3 of wood are analyzed. In addition, the author examines the trends in the formation of appropriate forest infrastructure, which will help optimize the cost of transporting harvested timber as a result of saving fuel and lubricants and reducing the time of delivery of logging equipment to the main felling sites (forest formation and care). Negative factors of reduction of capital construction of various objects of forestry, ecological and social purpose are revealed, and also tendencies of decrease in level of updating of fixed assets of forest branch due to corresponding reduction of volumes of purchase of forestry and road-building technics, ecologically safe cars and mechanisms are investigated. The presented material presents the main reasons for the low level of competitiveness of the forest industry, in particular, among them there is a lack of investment and innovation processes; monopoly position of forestry entities in regional markets; inertia of the industry management system in the conditions of existing decentralization processes, residual principle of enterprise financing, export to foreign markets is characterized by raw materials of the industry without a significant share of value added, high share of completely depreciated fixed assets, etc. The author proposes the main directions of strengthening the competitiveness of the forestry complex through the introduction of a system of control over the quality and quantity of felling formation and care of the forest, which will increase the completeness of forest stands and the corresponding volumes of timber from felling; regulatory and legal support for the possibility of attracting investment resources to the industry and its modernization; formation of an effective financial and economic mechanism for financing forestry enterprises as a basis for investment and innovation development of a competitive forest industry.

Tax maneuver in the oil industry: Provisional results and risks for further implementation

2020 ◽  
pp. 28-43
Author(s):  
A. S. Kaukin ◽  
E. М. Miller
Keyword(s):  
Oil Industry ◽  
Oil Products ◽  
Oil Refining ◽  
State Budget ◽  
Tax Rate ◽  
Oil Companies ◽  
Reform Plan ◽  
Alternative Variant ◽  
Calculation Results ◽  
The Cost

The paper analyzes the consequences of the abolition of the export duty on oil and oil products as a necessary step to stimulate energy efficiency of Russia’s economy and eliminate underdevelopment provoked by a long-term subsidizing of inefficient oil refining sector in Russia. The calculation results have shown that even taking into account several deviations from the planned scenarios of changing the parameters of tax regulation of the oil industry in 2014— 2019, the tax maneuver brought over 3.5 trillion rubles (in 2019 — 148 billion rubles) to the state budget in 2014—2017, mainly due to an increase in the base mineral extraction tax rate, and contributed to an increase in the depth of oil refining from 72% to 85%. In addition, the article analyzes possible risks associated with the current plan for reforming the taxation of the industry until 2024 and proposes an alternative that could level some of them. A comparative analysis of the effects of the tax maneuver under the current reform plan and the alternative variant suggests that the latter will allow to achieve a greater total budgetary effect in four years, reduce the cost of subsidizing domestic oil refining, increase the efficiency of Russian vertically integrated oil companies, and reduce the growth rate of oil products prices in the retail market.

Oil, Rates and Inflation

2005 ◽  
pp. 4-20
Author(s):  
E. Yasin
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Raw Materials ◽  
Gdp Growth ◽  
Business Activity ◽  
Demand For Money ◽  
Percentage Points

Currency inflow in Russia from raw materials exports allows taking into account high business activity to assimilate growing money supply transforming it into economic growth. Fall in business activity as a result of pressure on business led to saturation of demand for money. This considerably increases the danger of inflation growth and requires sterilization of excess money supply including the usage of the Stabilization Fund. According to the author's estimates, corresponding losses in GDP growth will equal 1-2 percentage points per year.

SELISIH BIAYA PRODUKSI SEBAGAI ALAT PENGENDALIAN MANAJEMEN PT INDO PUSAKA BERAU

2019 ◽  
Vol 3 (02) ◽  
pp. 397
Author(s):  
SAFITRI NURHIDAYATI ◽  
RIZKI AMELYA SYAM
Keyword(s):  
Raw Materials ◽  
Field Research ◽  
Analytical Tool ◽  
Production Costs ◽  
Raw Material ◽  
Labor Costs ◽  
Material Costs ◽  
Library Research ◽  
The Difference ◽  
The Cost

This study aims to analyze whether the difference that occurs in the cost of raw materials, direct labor, and factory overhead costs between the standard costs and the actual costs in PLTU LATI is a difference that is favorable or unfavorable. Data collection techniques with field research and library research. The analytical tool used is the analysis of the difference in raw material costs, the difference in direct labor costs and the difference in factory overhead costs. The hypothesis in this study is that the difference allegedly occurs in the cost of raw materials, direct labor costs, and factory overhead costs at PT Indo Pusaka Berau Tanjung Redeb is a favorable difference. The results showed that the difference in the cost of producing MWh electricity at PT Indo Pusaka Berau Tanjung Redeb in 2018, namely the difference in the price of raw material costs Rp. 548,029.80, - is favorable, the difference in quantity of raw materials is Rp. 957,216,602, - is (favorable) , the difference in direct labor costs Rp 2,602,642,084, - is (unfavorable), and the difference in factory overhead costs Rp 8,807,051,422, - is (favorable) This shows that the difference in the overall production cost budget is favorable or profitable. This beneficial difference shows that the company is really able to reduce production costs optimally in 2018.  

The sugar and alcohol industry in the biofuels and cogeneration era: a paradigm change (part II)

2014 ◽  
pp. 97-104 ◽  
Author(s):  
Electo Eduardo Silv Lora ◽  
Mateus Henrique Rocha ◽  
José Carlos Escobar Palacio ◽  
Osvaldo José Venturini ◽  
Maria Luiza Grillo Renó ◽  
...  
Keyword(s):  
Large Scale ◽  
New Technologies ◽  
Process Integration ◽  
Animal Feed ◽  
Raw Materials ◽  
Biofuel Production ◽  
New Paradigm ◽  
Alcohol Industry ◽  
Feed Production ◽  
Steam Parameters

The aim of this paper is to discuss the major technological changes related to the implementation of large-scale cogeneration and biofuel production in the sugar and alcohol industry. The reduction of the process steam consumption, implementation of new alternatives in driving mills, the widespread practice of high steam parameters use in cogeneration facilities, the insertion of new technologies for biofuels production (hydrolysis and gasification), the energy conversion of sugarcane trash and vinasse, animal feed production, process integration and implementation of the biorefinery concept are considered. Another new paradigm consists in the wide spreading of sustainability studies of products and processes using the Life Cycle Assessment (LCA) and the implementation of sustainability indexes. Every approach to this issue has as an objective to increase the economic efficiency and the possibilities of the sugarcane as a main source of two basic raw materials: fibres and sugar. The paper briefly presents the concepts, indicators, state-of-the-art and perspectives of each of the referred issues.

The estimated healthcare cost of diabetic retinopathy in Indonesia and its projection for 2025

2019 ◽  
Vol 104 (4) ◽  
pp. 487-492 ◽  
Author(s):  
Muhammad Bayu Sasongko ◽  
Firman Setya Wardhana ◽  
Gandhi Anandika Febryanto ◽  
Angela Nurini Agni ◽  
Supanji Supanji ◽  
...  
Keyword(s):  
Diabetic Retinopathy ◽  
Laser Treatment ◽  
Healthcare Cost ◽  
Cost Of Illness ◽  
Public Health Intervention ◽  
Transportation Cost ◽  
Population Based ◽  
State Budget ◽  
Illness Model ◽  
The Cost

PurposeTo estimate the total healthcare cost associated with diabetic retinopathy (DR) in type 2 diabetes in Indonesia and its projection for 2025.MethodsA prevalence-based cost-of-illness model was constructed from previous population-based DR study. Projection for 2025 was derived from estimated diabetes population in 2025. Direct treatment costs of DR were estimated from the perspective of healthcare. Patient perspective costs were obtained from thorough interview including only transportation cost and lost of working days related to treatment. We developed four cost-of-illness models according to DR severity level, DR without necessary treatment, needing laser treatment, laser +intravitreal (IVT) injection and laser + IVT +vitrectomy. All costs were estimated in 2017 US$.ResultsThe healthcare costs of DR in Indonesia were estimated to be $2.4 billion in 2017 and $8.9 billion in 2025. The total cost in 2017 consisted of the cost for no DR and mild–moderate non-proliferative DR (NPDR) requiring eye screening ($25.9 million), severe NPDR or proliferative DR (PDR) requiring laser treatment ($0.25 billion), severe NPDR or PDR requiring both laser and IVT injection ($1.75 billion) and advance level of PDR requiring vitrectomy ($0.44 billion).ConclusionsThe estimated healthcare cost of DR in Indonesia in 2017 was considerably high, nearly 2% of the 2017 national state budget, and projected to increase significantly to more than threefold in 2025. The highest cost may incur for DR requiring both laser and IVT injection. Therefore, public health intervention to delay or prevent severe DR may substantially reduce the healthcare cost of DR in Indonesia.

Use of Sugarcane Bagasse Ashes as Raw Material in the Replacement of Fluxes for Applications on Porcelain Tile

2016 ◽  
Vol 881 ◽  
pp. 383-386 ◽  
Author(s):  
Raimundo J.S. Paranhos ◽  
Wilson Acchar ◽  
Vamberto Monteiro Silva
Keyword(s):  
Mechanical Properties ◽  
Environmental Impact ◽  
Physical Properties ◽  
Sugarcane Bagasse ◽  
Sintering Temperature ◽  
Raw Materials ◽  
Raw Material ◽  
The Cost ◽  
Potential Use ◽  
Porcelain Tile

This study evaluated the potential use of Sugarcane Bagasse Ashes (SBA) as a flux, replacing phyllite for the production of enamelled porcelain tile. The raw materials of the standard mass components and the SBA residue were characterized by testing by XRF, XRD, AG, DTA and TGA. Test samples were fabricated, assembled in lots of 3 units and sintered at temperatures of 1150 ° C to 1210 ° C. The results of the physical properties, mechanical properties and SEM of the sintered samples, showed that the formulation, G4 - in which applied 10% of SBA replacing phyllite, sintering temperature 1210 ° C showed better performance as the previously mentioned properties due to the formation of mullite crystals, meeting the prerequisites of standards for enamelled porcelain tile, while reducing the environmental impact and the cost of production.

The current issues of using innovative solutions in waste-free management systems

2021 ◽  
pp. 136-148
Author(s):  
Olga Vytvytska ◽  
Mykyt Pundyk
Keyword(s):  
Raw Materials ◽  
Waste Recycling ◽  
Household Waste ◽  
Management Systems ◽  
Energy Technology ◽  
Processing Technologies ◽  
Management Technology ◽  
Innovative Solutions ◽  
The Cost ◽  
Theoretical Foundations

The purpose of the article. The purpose of the study is to substantiate the theoretical foundations and practical innovative solutions for the reuse of waste resources with a proposal for improved waste management technology with prospects for implementation in Ukraine. Research methodology: theoretical and practical aspects of the introduction and implementation of eco-management, because for Ukraine such an approach to the introduction of innovative processing technologies in enterprises is completely new. Methodical toolkit of substantiation of innovative decisions of reuse of resources from waste, structure of prime cost of the improved system for the Goloseevsky area. Kiev. Scientific novelty. It is proposed to optimize the existing garbage problem in most regions and replace waste trucks based on the method of the pneumatic system manufactured by Envac. The system allows you to reduce the cost of moving cargo over time sorting or disposal points. Conclusions. The introduction of innovative systems in Ukraine for the year saves UAH 34 billion 499 million, in addition, the sorting of household waste is gaining popularity, recycling tanks are being installed in cities, the population is beginning to treat waste with understanding, and a behavioral strategy has been introduced to stimulate waste recycling. In addition, the proposed technology of sorting raw materials allows you to sort up to 97% of household waste, and the rest to burn for energy. All this makes the development of the processing industry in Ukraine promising. Keywords: innovations, waste-free systems, secondary raw materials, energy, technology.

Perhitungan Harga Pokok Produksi (Cost) Hasil Produk Inovatif UMKM Desa Kemuning Ngargoyoso Jawa Tengah

2021 ◽  
Vol 2 (2) ◽  
pp. 89-96
Author(s):  
Lailah Fujianti ◽  
Shinta Budi Astuti ◽  
Rizki Ramadhan Putra Yasa
Keyword(s):  
Local Government ◽  
Raw Materials ◽  
Production Costs ◽  
The South ◽  
The West ◽  
The North ◽  
Central Java ◽  
Innovative Products ◽  
The Cost ◽  
Central Java Province

Abstrak   Kemuning adalah desa di kecamatan Ngargoyoso, Kabupaten Karanganyar, Provinsi Jawa Tengah. Secara geografis batas Desa Kemuning  sebelah barat berbatasan dengan Desa Ngargoyoso, sebelah timur berbatasan dengan Desa Segoro Gunung, sebelah Utara  berbatasan Kecamatan Jenawi dan sebelah selatan berbatasan Desa Girimulyo. Desa ini memiliki Misi yang ingin diwujudkan  yaitu Desa Wisata. Pemerintah setempat  memberikan pelatihan untuk membuat produk inovatif guna melengkapi kebutuhan sebagai desa wisata kepada pelaku UMKM dan Penrajin. Produk Inovatif tersebut akan dijual kepada pengunjung wisata sebagai oleh-oleh. Akan tetapi pelaku UMKM dan Penrajin memiliki kelemahan pembukuan usaha terlebih lagi dalam penetuan biaya produksi produk inovatif. Mereka hanya memperhitungkan biaya bahan baku sebagai komponen biaya produksi.   Tim pengabdian FEB Universitas melaksanakan pengabdian  untuk memberikan materi mengenai konsep perhitungan biaya produksi yang dilakukan dengan interaktif.     Kata Kunci: Desa Kemuning, Harga Pokok Poduksi, Smart Village   Abstract:  Kemuning Villages is one of the villages located in Ngargoyoso district, Karanganyar Regency, Central Java Province. Geographically, Kemuning Village is bordered to the west by Ngargoyoso Village, to the east by Segoro Gunung Village, to the north by Jenawi District and to the south by Girimulyo Village. Kemuning village has a mission to be realized, namely the Tourism Village. The local government provides training to make innovative products to complement the needs of a tourism village for MSMEs and craftsmen. These innovative products will be sold to tourist visitors as souvenirs. However, SMEs and craftsmen have weaknesses in business bookkeeping, especially in determining the cost of producing innovative products. They only take into account the cost of raw materials as a component of production costs. The Team from FEB University Pancasila carried out the service to provide material on the concept of calculating production costs which was carried out interactively.     Keywords: Desa Kemuning, Cost of Good Sold, Smart Village

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