DEVELOPMENT OF A FINANCIAL MODEL FOR THE NON-CURRENT ASSETS’ EFFECTIVE MANAGEMENT AN INDUSTRIAL COMPANY IN THE CONDITIONS OF PRODUCTION TECHNICAL RE-EQUIPMENT

Abstract

In this article, typical problems of non-current assets’ effective management as part of general financial management at enterprises focused on modernization and updating of their production base were identified. Step-by-step elaboration of a special financial model, the use of which will solve the identified problems, is considered on the example of the industrial company JSC «EPK Volzhsky». The implementation of this model is designed to ensure the rationalization of the asset structure, the structure of current assets and its relationship with short-term sources of financing, the rationalization of financing of non-current assets and property in general with a focus on achieving the criteria values of key performance indicators.