Structural dynamics of production costs and profitability of agricultural organizations

Issue № 11, 2018, article № 11, pages 70-78

Language: Russian

Original language title: СТРУКТУРНАЯ ДИНАМИКА ПРОИЗВОДСТВЕННЫХ ЗАТРАТ И ДОХОДНОСТИ СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ

Keywords: AGRICULTURAL PRODUCTION, PRODUCTION COSTS, PROFITABILITY LEVEL, ECONOMIC RESULT, SUSTAINABLE DEVELOPMENT

Abstract: In the conditions of financial and economic instability, the most difficult issue is not the level of profitability,but the sustainable development of economic entities, which is provided by a rational ratio between income and expenses for their receipt. Sustainable development of agricultural organizations during the implementation of stateprograms (2008-2012) is directly related to the investment attractiveness and business activity in the production sec-tor. A necessary condition for obtaining maximum profit is a certain rational degree of development of production,ensuring the excess of revenue from the sale of agricultural products over the cost of its production and sale. For eachorganization, the analysis of production costs and the search for reserves to increase profitability are under continu-ous attention. Cost and income management is a means of achieving a high economic result for the organization. It isnot limited to reducing costs, but extends to all elements of their sustainable development management.

Authors: Golovina Lidiia Alekseevna, Logacheva Olga Viktorovna