Financial and economic activities of municipal unitary enterprises considered in the mode of videoconferencing

5 June 2019, Wednesday

On June 3, 2019, the meeting in the form of videoconferencing with representatives of municipalities to review the financial and economic activities of municipal unitary enterprises for 2018 and 1st quarter of 2019 was held under the chairmanship of the Deputy Minister of Land and Property of the Republic of Tatarstan Eduard Diyarov.

At the end of 2018, 162 municipal unitary enterprises (h.a.-MUE) were registered in the republic, of which 115 are active; at the end of the first quarter of 2019, 160 MUE’s were registered, of which 115 are valid.

According to the analysis of accounting (financial) statements, the number of unprofitable enterprises at the end of 2018 was 47, which is 41% of the total number of existing MUE, at the end of the 1st quarter of 2019 it was 62 MUE (54%).

According to the results of 2018, 50 enterprises were loaned out, which is 43% of the total number of operating MUE, for the 1st quarter of 2019 it was 48 MUE (42%).

The meeting reviewed the financial and economic activities of the two most unprofitable municipal unitary enterprises: «Svetservis» of the Almetyevsky municipal district and «Gorelektrotransport» of the Nizhnekamsky municipal district. Considered the causes of unprofitable enterprises.

Following the meeting, recommendations were given to the municipalities for a more detailed study of the quarterly accounting (financial) statements of municipal unitary enterprises at balance sheet commissions to prevent bankruptcy.

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