ASSESSMENT OF THE FINANCIAL POSITION OF AGRICULTURAL ORGANIZATIONS IN RUSSIA

DOI 10.32651/2411-67

Issue № 11, 2024, article № 9, pages 67-74

Section: Problems of efficient management

Language: Russian

Original language title: ОЦЕНКА ФИНАНСОВОГО ПОЛОЖЕНИЯ СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ В РОССИИ

Keywords: AGRICULTURAL PRODUCERS, INCOME, EXPENSES, BALANCED FINANCIAL RESULT, SALES PROFITABILITY, PROFITABLE, UNPROFITABLE ORGANIZATIONS, INVESTMENTS, PRODUCTION AND SALES COSTS, ACCOUNTS PAYABLE, ACCOUNTS RECEIVABLE

Abstract: Agriculture is an important sector of the country's economy, which provides its population with food security, and is also a source of export income. The problem for the agricultural sector in Russia is climate change, which significantly affects the production of livestock products, the yield of various agricultural crops. According to Rosstat, gross agricultural output in 2020 increased by 3.3% compared to the previous year. The total volume of agricultural production in Russia amounted to about 6.4 trillion rubles (approximately 87 billion US dollars). The volume of agricultural output at the end of 2023 amounted to 8.34 trillion rubles, which is 0.3% less than in 2022, this was influenced by the inflation factor of - 7.4%. Agriculture in Russia is developing, this is evident from the provision of agricultural products to the population and their export abroad. The problem of insufficient investment own funds for the modernization of fixed assets, the acquisition of innovative, modern technologies for the processing and cultivation of agricultural crops, and the smaller allocation of investment funds from budgets at various levels can affect the further development of the agricultural sector.

Authors: Semenova Galina Nikolaevna