EQUIPMENT OF REGIONAL COLLECTIVE FARMS FIXED ASSETS: PROBLEMS AND PROSPECTS

DOI 10.32651/1912-29

Issue № 12, 2019, article № 5, pages 30-36

Section: Problems of efficient management

Language: Russian

Original language title: ОСНАЩЕННОСТЬ РЕГИОНАЛЬНЫХ КОЛЛЕКТИВНЫХ ХОЗЯЙСТВ ОСНОВНЫМИ СРЕДСТВАМИ: ПРОБЛЕМЫ И ПЕРСПЕКТИВЫ

Keywords: FIXED ASSETS, COLLECTIVE FARMS, USE OF FIXED ASSETS, PROFITABILITY OF ASSETS, INVESTMENTS, CAPITAL INVESTMENTS, STATE SUPPORT, TAX BURDEN, AGRICULTURAL POLICY

Abstract: The fixed assets are the basis of the resource potential of agricultural organizations, which characterizes technical equipment and directly affects the productivity of work, the level of mechanization of technological operations, automation of production processes, and therefore the cost of production, profit and profitability. The study identified the use of fixed assets by agricultural producers. The main problems of their use have been identified. It has been proved that the main reason for the low economic efficiency of agricultural production is the high cost of using fixed assets and the reduction of capital investments (including state investments), which reduce the opportunities for economic growth of agricultural organizations of the Irkutsk region. The long cycle of production, severe natural climatic conditions, low labour productivity, large volumes of capital investments determine the lack of interest of potential investors. The study shows the evolution of fixed asset utilization indicators and justifies the need for an integrated long-term development programme.

Authors: Vinokurov Gennadii Mikhailovich, Vinokurov Sergei Innokentevich, Vinokurova Mariia Viktorovna