Identifying the Influence of Negative and Positive Factors of Activity of Thermal Power Enterprises on the Final Result

Abstract

Thermal energy of the country is one of the most important components of activity of the State and local authorities, where the main task, first of all, is to provide quality services in heat supply to the population. However, nowadays thermal power and the sphere of consumption of thermal energy of Ukraine are in a crisis. The article considers the main advantages and importance of breakeven activity of thermal power industry enterprises directly. The application of factor analysis is substantiated and it is identified, what factors cause influence on the financial result of enterprises. On the example of the largest heat-power enterprise of Ukraine and with the help of four-factor model, influence of separate factors on change of income was researched in order to identify reserves of improvement of the enterprise’s management of financial results. The calculations showed that the management should immediately take preventive measures, which will enable to improve the the enterprise’s financial results in the future to eliminate the impact of negative factors.

Keywords

• thermal power industry
• financial result
• factor analysis
• index method
• income