In accordance with financial reports
2017 has been accomplished by Keramet, PrJSC at a loss in 48 265 ths. UAH.
However, the result of operating activity for 2017 is positive and comprises 101 425
ths. UAH. The reason of negative profit is retirements of Company’s assets in
2017 that have been located at the territory of maintaining the anti-terrorism
operation, with total amount 149 690 ths. UAH. The decision as for retirements
was made by reason of not corresponding to principal criteria of assets admission
as in the control lose, reliable estimates cannot be reached, no possibility to
rely on economic benefits in future in case of its operation. Existence of such
assets significantly misrepresented the actual Company’s state. Retirement of assets
located at the territory of maintaining the anti-terrorism operation gave an
option of putting the Keramet, PrJSC reporting in full accordance with Accounting
Regulations (Standards) of Ukraine and providing the financial report participants
with useful, relevant and proved information.
Although in 2017 the activity of Company was focused
on further development of direction for service rendering as for metal scrap
preparation up to required quality parameters actually at integrated
iron-and-steel works. The result is increasing the volume of service rendered
as for metal scrap processing from 24 760 t in 2016 up to 364 866 t in 2017.