Current asset management in the enterprise

Chapter 2. Analysis of current assets management of SPETSSTROY-SVYAZ Ltd

2.1. Characteristics of SPETSSTROYSVYAZ Ltd activity

In the telecommunications market the company is positioning itself as a system integrator, designer and builder of turnkey telecommunications networks, a developer and manufacturer of telecommunications equipment under the brand name of "Proton-SSS", as well as a specialized center for performing any installation and commissioning works of communications equipment and as well-known center of personnel training.
The main activity of the company is design, pilot production and sale of digital communications equipment under the brand name of "Proton-SSS" and the development of integrated solutions. It offers its customers either ready-made or specially designed projects tailored to their specific interests.
Range of equipment of "Proton-SSS" is constantly expanding, which meets the needs of customers in the development of communication networks. "Proton-SSS" DATS have a long list of certificates of RF Ministry of Communications, which allows their use as a support-city transit exchanges, substation PSTN, ATS office-industrial, rural exchanges (terminal, hub, central office and site-rural suburb of communication). Equipment “Proton-SSS” is also a subscriber digital hub, a device of secondary trunking, switches, digital streams, converters, alarms, primary multiplexers, IP-telephony gateway.
SPETSSTROYSVYAZ received a license of the State Technical Commission under the President to carry out works related to creation of information security, and license of the FSB of Russia for works using information constituting a state secret.
The company provides its warranty, spending a full range of activities: pre-testing and consulting, project design, supply and installation of hardware and software integration with existing systems, training and advice to staff, round the clock technical support.
Directions of business:

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  Development of telecommunications equipment and software.
  
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  Production of telecommunications equipment.
  
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  The full range of design and exploration work;
  
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  Performing a full range of works at customer sites:
  
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    The technical audit;
    
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    advice and assistance in the formulation of the problem;
    
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    Preparation of technical solutions (assignments);
    
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    design and survey works, project documentation;
    
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    Selection, acquisition and supply of necessary equipment and materials;
    
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    supply, installation and configuration software;
    
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    Integration with existing communication systems and data networks
    
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    construction and erection and commissioning;
    
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    Submit the object;
    
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    Training of customer personnel;
    
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    After-sales warranty and support.
    

Telecommunication facilities Proton-SSS are successfully maintained in all regions of the Russian Federation, more than in 500 cities and settlements of Russia and the CIS (there are more than 600.000 ports).
Telecommunication platform Proton-SSS is used by several big system integrators.
The company is developing business relationship with the enterprises which are the part of the holding company Svyazinvest. The company completed bilateral cooperation agreements with some subsidiaries of this operator. According to them the RDS SPETSSTROY-SVYAZ serves as an authorized system integrator.
Proton-SSS commutation platforms are the basis of the departmental network of the Department of Justice in the Russian Federation. Proton-SSS is successfully maintained for a few years as the central exchange of the whole network in the headquarters of the Department of Justice.
Public corporation “Russian Railroads” uses a big amount of telecommunication systems, including the railways Gorkovskiy and North-Caucasus.
The network of interbasin connection of the inland water transport of the Transport Ministry Service is being built on the basis of the telecommunication platform Proton-SSS where RDC SPETSSTROY-SVYAZ is the general contractor of the project.
Power engineering specialists are also interested in our platforms. Departmental communication network of public corporation OAO RAO “UES of Russia” in several regions are built on the platform. These are Rostov, Volgograd, Smolensk, Bryansk, Volga regions and Yakuty, Krasnoyarsk Territory, Bashkiria. The equipment of Proton-SSS is installed in big nuclear power plants in Bilibinsk and Volgodonsk.
Different agencies of the Department of Defense in Russian Federation such as headquarters and regiments of the air force, signal office centers of naval bases and small fleet, local military commissariats know commutation platforms Proton-SSS as a high-quality product. Proton-SSS is used in the study process and research scientific work in educational institutions of High Military education, including Military Academy of Communication.
Net of offices of the Ministry of Internal Affairs in Chechen Republic is built on the telecommunication platform Proton-SSS.
A lot of communication statements use Proton-SSS equipment to realize a “Universal service” project.
The company fulfills its obligations according to the federal program aimed at “Social development of villages up to 2010”.

2.2. The analysis of solvency and liquidity of SPETSSTROYSVYAZ Ltd balance

Financial condition of the organization can be assessed in short and long term. In the first case assessment criteria are the liquidity and solvency of enterprise, i.e. ability to timely and fully perform payments of short-term obligations. Examples of these operations are payments to employees for wages, to suppliers for the received material assets and services rendered, with bank for loan, etc.
There are different methods of analysis of financial condition. In our country a method based on calculation of a system of ratios and its use in a space-time analysis is broadly used. Ratios can be calculated directly according to the financial statements. Analysis of financial ratios implies comparison of their values ​​with the baselines, as well as studying of their dynamics during the reporting period and for several years³. Financial ratios used to assess the financial sustainability of the enterprise are largely based on indicators of financial profitability of the organization, management efficiency and business activity. ⁴