- as independent, proactive, systematic, one’s own risk economic activity carried out by business entities to achieve economic and social benefits and profit.
BUSINESS ENTITIES
- participants of economic relationships that carry out economic activity, exercising their economic competence (the integrity of economic rights and obligations), have separate property and suffer liability by their obligations within this property, except for cases, envisaged by the law.
Enterprises – depending on a number of employees and the volume of annual revenue may be classified as small (micro), medium-sized or big enterprises, in accordance with the Commercial Code of Ukraine 22 March 2012.
ENTERPRISE (LEGAL ENTITY)
- (here and thereafter enterprise) independent business entity set up by a competent state authority or local government, or other parties for the purpose of satisfaction of public or personal needs through regular production, academic and research, trade, and other activity in keeping with the procedure established by the Commercial Code and other laws. An enterprise not have other incorporated legal entities but shall be entitled to set up their affiliates (divisions), representative offices without establishing a legal entity.
INDIVIDUAL ENTREPRENEURS
- a natural person registered under a stated order with the purpose to realize an entrepreneurial activity.
INSTITUTIONAL APPROACH
- is a way of generalizing data, according to which the indicators of all types of economic activity of the subject are taken into account in the reports on the type of economic activity, which is defined as the main one.
PRINCIPAL ACTIVITY
- activity which contributes most to the total value added of the entity under consideration. The principal activity so identified does not necessarily account for 50% or more of the entity's total value added. In practice due hard to calculate value added at each enterprise by type of activity using the following indicators:
-value sold production, -the average number of employees -labour cost, by each type of activity
NUMBER OF EMPLOYED WORKERS
- is determined taking into account regular, self-employed and unpaid (owners, founders of the company and their family members) employees of the enterprise
NUMBER OF HIRED WORKERS (EMPLOYEES)
- include average number of on a full-time basis and self-employed (working under civil contracts and on a external part-time basis) employees of the enterprise.
PERSONNEL COSTS
- consist of:
- labor payment costs, which include accrued wages and salaries according to fixed salary and tariffs, bonuses and incentives, material aid, benefits, compensation, vacation pay and other time not worked, other labor costs, - social security contributions for compulsory state social insurance of employees of the enterprise, paid by the employer.
PERSONNEL COSTS
- is determined by the sale price of the shipped finished products (goods, services), which is stated in the executed documents as the basis for settlement (charges) with the buyers (customers) (including products (goods, services) under a barter contract) excluding VAT.
FINANCIAL RESOURCES
- are funds (own and borrowed) of economic entities that are at their disposal and intended to meet obligations and production costs.
FINANCIAL RESULT (NET INCOME)
- is the difference between revenues and the costs of products minus the VAT and excersises
FINANCIAL RESULT FROM OPERATING ACTIVITIES (OPERATING PROFIT/LOSS)
- is the algebraic sum of gross profit/loss from operating activities, other operating income, administrative expenses, selling expenses and other operating expenses.
PROFITABILITY LEVEL OF OPERATING ACTIVITIES
- is calculated as a ratio of financial results of operating activities to operating activities costs of enterprises.
OTHER OPERATING INCOME
- is the sum of other operating income of the enterprise, except gains/losses from disposals, interest income, dividend income, etc.
OPERATING EXPENSE
- costs include manufacture cost of products sold (works, services) or cost of goods sold, overhead costs associated with the management and maintenance of the enterprise, costs associated with the sale of products (goods), cost of inventories sold, doubtful debts and losses from depreciation of inventories, losses from operating exchange differences, recognized economic sanctions, deductions to ensure subsequent operating costs, as well as all other costs arising in the course of operating activities of the enterprise.
CURRENT LIABILITIES
- debts or obligations that are due to be paid to creditors within the enterprise's operating cycle or within the next 12 months, since data balance sheet start.
FUNDS AND THEIR EQUIVALENTS
- equivalents - are short-term highly liquid financial investments that are easily convertible to certain amounts of funds and that are subject to an insignificant risk of changes in value
FINANCIAL INVESTMENTS
- asset or resources owned by enterprise in anticipation it will generate income (interest payments, dividends), an increase in the cost of capital or for other benefits to the investing enterprise.
Contact
Trade and Services Statistics Analysis Division and Finance and Labor Statistics Data Processing Division
Certain activities indicators of business entities (Y)
Contribution of individual entrepreneurs to the main structural indicators of the activities of business entities (Y)
EMAIL: ve@lv.ukrstat.gov.ua
