Section II. Calculation part

1. Description of economic activity of enterprise

Lviv Confectionery Factory` Svitoch `was founded on May 10, 1962 in order to concentrate production of three confectionery factories by uniting them in the production company `Svitoch`. In the few first years of united enterprises existence technical equipment were updated and a assortment of products become wider. In 1998, Nestlé S.A. purchased block of `Lviv Confectionery Factory `Svitoch` shares. In few last years `Svitoch` occupied about 10% of confectionery market in Ukraine.

The main types of `Lviv Confectionery Factory` Svitoch `economic activities are manufacturing of cocoa, chocolate and sugar confectionery.

2. Analysis of non-current assets of the company

Analysis of non-current assets begins with the study of the dynamics of their total and individual species. Summary of the first section indicates the asset balance by the amount of non-current assets, which it uses in business. In analyzing reveal types of non-current assets, from which there was a change of their total. Analysis of the dynamics and structure of fixed assets is provided in analytical table (Table 1):

Table 1

Dynamics, composition and structure of non-current assets

Non-current assets	At the beginning of the reporting period			At the end of the reporting period			Deviation (+, -)
	Cost, ths. UAH	Structure, %	Cost, ths. UAH		Structure, %	Absolute, ths. UAH		In structure, %
Intangible assets	83	0.028	17		0,00568	-66		-0,022
Unfinished construction	23326	7,783	30414		10,166	7088		2,38
Fixed Assets	274301	91,522	268683		89,804	-5618		-1.72
Long-term financial investments	-	-	-		-	-		-
- Which accounted for using the equity method of other enterprises	-	-	-		-	-		-
- Other financial investments	-	-	-		-	-		-
Long-term receivables	-	-	-		-	-		-
Deferred tax assets	-	-	73		0,024	73		0.024

Continued Table1.

Other non-current assets	-	-	-	-	-	-
Total	299710	100	299187	100	-523	-

A large proportion of fixed assets as part of non-current assets (89.804%).But its share has decreased compared with the previous year (-1.72), which is negative for the enterprise.This probably will decrease the income of enterprise. The proportion of unfinished construction is much increased (2.38%).

Rate of depreciation and coefficient of suitability two main indicators that evaluated the appropriate technical condition of fixed assets. Rate of depreciation shows the proportion of fixed assets value transferred to finished goods. Coefficient of suitability - an indicator opposite to the rate of depreciation. It shows the proportion of fixed assets suitable for use in the course of economic activity. Analysis of fixed assets is provided in analytical table (Table 2):

Table 2