An Analysis of the Efficiency of Using Fixed Assets of Vodokanal JSC

Abstract

The climatic features of the Sakha Republic (Yakutia) require increased reliability of engineering life systems, and therefore the volume of housing and communal services provided far exceeds the average Russian indicators. One of the backbone enterprises in this industry is Vodokanal JSC. Vodokanal JSC is a monopolist in the field of water supply and sanitation and plays a key role in the economic and social development of the republic. The relevance of the study is explained by the fact that fixed assets provide the material and technical possibility of providing residents of the city of Yakutsk with high-quality drinking water and sanitation services. Maintaining fixed assets in normal technical condition and improving their use is the key to the success and reliability of any enterprise. The purpose of the research is to study the role of fixed assets in the activities of Vodokanal JSC. The analysis of literature sources shows a variety of methods for analyzing fixed assets. The authors selected two main areas: an analysis of the condition and movement of fixed assets and calculation of indicators of their effectiveness. The analysis showed that the fixed assets are generally in satisfactory condition, as evidenced by the calculated indicators of the efficiency of stock return, capital coefficient, and stock ratio. The main ways to improve the use of fixed assets are proposed. To conduct the study, the data of the financial statements of Vodokanal JSC were used, general scientific methods and techniques of the study were used.