Military Review

Central Bank has remained in deep minus

56
The business media published the other day the Central Bank’s reporting for 2018 a year immediately as a sensation. How else? Losses of the Central Bank of the Russian Federation amounted to 434,6 billion rubles. However, few people noticed that at the same time Bank of Russia revenues grew much faster than expenses.


But about the fact that the losses of the main credit institution, if absolutely necessary, can be repaid at the expense of reserves or are simply written off in general, journalists either do not know or do not want to remember. Although by itself the "unprofitable" practice of the main credit institution of the country still can not help but confuse.



Bad example contagious


In the first days of May, the Bank of Russia reported in its annual report that in the 2018 year they suffered losses in the amount of 434,6 billion rubles. The report of the Central Bank of the Russian Federation has already been posted on the regulator's website. Of course, the report also contains data on income and expenses. And if in the plus at the Central Bank of the Russian Federation 588 billion rubles, which actually is a record, then in the minus it is already more than a trillion - 1022,6 billion.

Actually, the expenses of the Central Bank of the Russian Federation amounted to only 877 billion rubles, and almost 150 billion more to the losses increased due to funds allocated to support the rehabilitated banks from the Fund for the Consolidation of the Banking Sector. The specifics of reporting by the Central Bank of the Russian Federation do not imply that such expenses are directly recorded in the expenditure line, with which some discrepancies in the data are associated.

In addition to funds spent on refurbishing troubled banks, the losses of the Central Bank of the Russian Federation are also related to two factors: you had to pay considerable interest on bonds listed as public in which banks invested, and also to transfer to the state budget dividends of Sberbank, the majority of which is the Bank of Russia.

Bankers love to cry the blues. To complain about the difficulties in working with the funds of shareholders and holders of funds, the shortage of customers who are ready to take loans at insane interest. And, of course, the lack of sources of resources - certainly cheap and necessarily long. But these are all commercial banks, most of which, however, usually report quite well on profits.

The main bank of the country certainly does not have to work with profit. However, the propensity of the Russian Central Bank to set records for losses may well become a contagious example for its wards from private credit institutions. Moreover, in Russia, the largest of them are almost all - with solid state participation. And the losses of the Central Bank, which remains the main shareholder of Sberbank (for the majority of Russians is practically a monopolist), are somehow reflected in their activities.

Where does the loss come from? From sanctions, certainly!


It is still difficult to say whether 2018 turned out to be a more difficult year for the Russian economy than 2017. After all, the main additional portion of anti-Russian sanctions was addressed to the banking sector headed by the Central Bank of the Russian Federation. And judging by the statements of the Central Bank of the Russian Federation, then - of course, although its losses were even slightly higher (435,3 billion rubles). Mainly due to the very significant expenses that the Central Bank had due to the need to radically reorganize the structure of its assets.

Recall that a year ago, the Central Bank reported on expenditures in the amount of 758 billion rubles. At the same time, the revenues of the Bank of Russia were one and a half times lower than the current ones - total 391 billion rubles, and even there was a noticeable decrease in expenditures of the year 2016, which amounted to 430 billion rubles. As you can see, a year ago, the losses of the Bank of Russia were not only the difference in incomes and expenses - there were the same expenses for reorganization, although not as large-scale as they are now.

The Bank of Russia, which practically completed a multi-year cleansing of the banking sector in 2018, required very serious funds for reorganization. At the same time, the Central Bank of the Russian Federation imposed a ban on certain banking operations for credit organizations for 17 banks and applied penalties to credit organizations. However, in 288, a year more complicated than 2018, the Central Bank managed to increase revenues from its operating activities by 2017 percent - to 16 billion rubles.

In fact, excessive media attention to the operational indicators of the Bank of Russia is hardly reasonable: after all, the data contained in the reports of the Central Bank on these items cannot be compared with the assets of the regulator. But they are a kind of base of financial stability of the state. And it was here, despite all the losses, that in 2018 there was a very significant increase. The sum of assets of the Central Bank of the Russian Federation has grown to 39,4 trillion rubles against 30,8 trillion rubles following the results of 2017.

Central Bank has remained in deep minus


It is known that 135,5 billion rubles. The Central Bank received last year as dividends from Sberbank, which, by law, transferred to the federal budget. The Bank of Russia received income from participation in the capital of other credit and other organizations, and their amount only slightly exceeds the income from Sberbank - 137,7 billion rubles. It is significant that a year ago the amount of such income was equal to the total 70,9 billion rubles.

Stanislavsky would say: "I do not believe!"


With particular pleasure, which is noticeable even in the style of the relevant articles of the Central Bank report, the regulator reports on how things are going with those it regulates. So, the report notes that the profitability of the banking sector as a whole on the basis of the 2018 year increased. Of the 484 banks remaining to 1 in January 2019 in Russia, 382 credit institutions showed a profit, and its total volume amounted to 1,9 trillion rubles. At the same time, losses in the total amount of 575 billion rubles were received by 100 credit institutions.

Financial losses of the Bank of Russia, according to independent experts, including those from leading audit companies, are indirectly related to the reorganization of its assets. In 2018, the Central Bank of the Russian Federation was more actively involved in the transfer of part of the assets from the United States to China, increasing its share in yuan and the euro.

Currently, only 9,7% of assets of the Central Bank of the Russian Federation remain in the United States, while previously the share reached 30%. At the same time, the Chinese contribution to the assets of the Russian Central Bank has grown sharply: from 2,6% to 14,1%. The CBR also increased its investments in Japan - from 1,5% to 7,5% and in Finland - from 0,9% to 1,8%. In addition to the United States, a decline in the share of Central Bank assets was noted in the UK and Canada: from 7,2% to 6,6% and from 2,8% to 2,3%, respectively.

In addition to changes in the geography of placement, our Central Bank went to a direct reduction in the share of its assets in dollars - from 45,8% to 22,7%, that is, more than double. At the same time, the share in RMB increased more than five times - from 2,8% to 14,2%. Also in 2018, assets of the Central Bank of the Russian Federation, denominated in euro, grew from 21,7% to 31,7%, and in gold - from 17,2% to 18,1%.

The most significant reduction in investments of the Central Bank of the Russian Federation was noted in US bonds, which, of course, is directly related to targeted US sanctions. Earlier, Russia held 96 billion dollars in US bonds, but today the amount of such investments fell to 15 billion. So far, no significant increase in investments in securities denominated in yuan has been noted, although the Bank of Russia noted even in the summary of the annual report that the yuan is a reliable currency, secured not only by tangible assets (obviously, gold is meant), but also high-quality goods with a low cost.

And yet, the change of the vector, which is so typical today in working with Bank of Russia assets, does not eliminate the need to keep a very substantial part of the assets and reserves in dollar instruments. This is necessary already due to the fact that the dollar remains the most common financial instrument in the world, and a demonstrative rejection of operations with it is not only impossible, but simply unprofitable.

Not by chance, by the way, the Russian Ministry of Finance plans to conduct more active purchases of foreign currency, primarily US dollars, from 14 May to 6 in June 2019. 300,5 billion rubles are allocated for this purpose, which is 18% higher than the April-May level of 2018 in April. According to the department’s estimates, the daily volume of foreign currency purchases can be at least 16,7 billion in equivalent.
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  1. The comment was deleted.
  2. GKS 2111
    GKS 2111 13 May 2019 15: 11 New
    +3

    This is not relevant-Citizens! Keep the money in the royal gold coins. If you have them ...
    1. 210ox
      210ox 13 May 2019 16: 00 New
      18
      And what about the volume of gross product in our country, in general, about industry, agriculture ... And it went wrong. Banks, banks ..... The most unhappy are Russian bankers. They are primarily fleeing for help from the state. That's so and live. To whom a bagel, to whom a hole ...
      1. Vadim237
        Vadim237 13 May 2019 16: 31 New
        0
        Russia's GDP for 2018 is more than 100 trillion rubles.
        1. 210ox
          210ox 13 May 2019 18: 29 New
          +4
          Well, 100 trillion. What growth by 2017? I found it myself. 1,5%. Not much to say.
          1. YarSer88
            YarSer88 16 May 2019 12: 54 New
            0
            That is below inflation? Weird
      2. Shelest2000
        Shelest2000 13 May 2019 18: 27 New
        +6
        What else do you want in a financially speculative economy?
    2. Civil
      Civil 14 May 2019 08: 58 New
      +2
      Currently, only 9,7% of assets of the Central Bank of the Russian Federation remain in the United States, while previously the share reached 30%. At the same time, the Chinese contribution to the assets of the Russian Central Bank has grown sharply: from 2,6% to 14,1%. The CBR also increased its investments in Japan - from 1,5% to 7,5% and in Finland - from 0,9% to 1,8%. In addition to the United States, a decline in the share of Central Bank assets was noted in the UK and Canada: from 7,2% to 6,6% and from 2,8% to 2,3%, respectively.
      ALL of these countries hold their savings in US assets laughing
      The main bank of the country is certainly not tasked with working for profit.

      Indeed, this is not a royal matter, to deal with the problems of slaves.
      1. YarSer88
        YarSer88 16 May 2019 12: 56 New
        0
        The entire world economy is tied to the States, why research?
  3. EnGenius
    EnGenius 13 May 2019 15: 13 New
    +2
    The Central Bank is not an ordinary bank, and its "losses" are measured in another dimension. They are already trying to suck the sensation from the finger. In 2017 there was a comparable annual "loss".
  4. Ross xnumx
    Ross xnumx 13 May 2019 15: 22 New
    12
    It is time to introduce restrictions on the income of employees of government agencies. Enough to produce millionaires of idlers and window dressers. There is a very vivid example:
    1. your1970
      your1970 13 May 2019 15: 49 New
      10
      Quote: ROSS 42
      It is time to introduce restrictions on the income of employees of government agencies. Stop producing millionaires loafers и showers.
      at the same time and
      1) on the income of the military - who paint grass and leaves for indicative purposes
      2) on the income of athletes who do not score or jump less than 10 meters in height
      3) on the income of builders, long-range soldiers and freelancers - working on a draft and not paying any taxes at all
      4) on the income of lawyers - taking loot past the cash register and covering criminals
      5) on the income of traders - winding 200-300% on the value of goods
      6) and further, further, further .....

      Well, our country is not perfect, what can you do .... recourse request

      ZY those who want to grab the throat "for the military" - 9 years of service ... And they painted the grass, and pinched it under the rail, and the linoleum was changed for each arrival of the "generals", and dachas were built. Moreover, both in the SA and in the Armed Forces RF ...
      Nephews served 2 and 5 years ago - word for word, everything is the same as in 1988 ...
      1. YarSer88
        YarSer88 16 May 2019 12: 58 New
        0
        Quote: your1970
        5) on the income of traders - winding 200-300% on the value of goods

        This is in what niche such margins? I would gladly invest there. Or was the author mistaken in the number of zeros?
        1. your1970
          your1970 16 May 2019 17: 42 New
          0
          Quote: YarSer88
          Quote: your1970
          5) on the income of traders - winding 200-300% on the value of goods

          This is in what niche such margins? I would gladly invest there. Or was the author mistaken in the number of zeros?

          Oh, trade and entrepreneurs pulled up .....

          My favorite example is seeds, but God be with them, with seeds, today I will tell another story.
          My ex-colleague puts plastic windows (simple, budget, no frills).
          The second colleague in his back rooms - put together. They take it from the factory according to the ordered sizes, put on average per month within 30 windows (the record was 52 windows per month). And now we consider ...
          20 000 he pays the girl sitting at their office and conducting all the work of the office (orders, customers, supplies, purchases, accounting, tax, rent + communal, etc.-universal soldier - a cyborg.).
          The only plus for her - she officially held (and s / n white) - he is forced to be IP for the manufacturer
          he also pays 20 000 to his partner - but he has a military pension and age - he is glad at least for such work
          He himself deliberately leaves no less than them - but let it also be 20 000 ....
          Office rental in a busy place -10 000 rubles per month (though they promised to reduce the size of the communal apartment)
          Kommunalka - because everything is commercial (tariffs are much higher) we throw rudely on everything about everything at least 3-5 000 per month. For the toilet they take separately 150 rub from the nose
          Advertising - in newspapers / TV they give 3-4 times a year. They say it is expensive
          A gazelle for transportation of everything and all-depreciation is not counted, gasoline goes from 5 to 20 000 per month-they take ALL orders in general, poke around the area, so it all depends on the distance
          DO NOT take separately for installation and delivery - like "the cheapest in the region !!"
          Windows are really a little bit cheaper than everyone, it is very important.

          Total rude 90 000 RUB COSTS per month - I remind you 30 windows !!!!
          Question: what is vacation factory price per unit (average) of goods (window) - if my colleague recently changed his personal car (not on credit !!) and plans to change the gazelle (for the old one) ????

          Water, ordinary drinking water ... not even carbonated ....
          We receive (under the guise of civilians, for private entrepreneurs more expensive) water at 38 rubles per cubic meter (ton), pack it up and sell it in three neighboring districts to shops (small) ...
          all of a sudden ... by 16 rubles for one and a half. And they wind up to 25-30 (by the way, even they will have at least 50% wrap) ...
          Cost of PET + labels + corks + SES = approximately 1 ruble per bottle
          1000 liters of water / 1,5 liter containers = 666 bottles per ton
          666 * 16 = 10656 rubles per ton of water - 666 rubles (expenses for everything) = roughly 10 000 arrived per ton of water
          the cost of water in one bottle 35 / 666 = 5 kopecks + 1 ruble of invoices
          Xnumx ruble overhead versus xnumx corrupt are 1500% (FIFTEEN !!!!!) profit

          Yes, for 15, a multiple-profit business will cut its own mother, add potatoes, salt, bay leaf, cook and eat with rumbling and champing

          So do not about "trade has fallen! no one is buying! I will sell the business and leave !! in what niche are such markups?"

          ZY for the "nightmare of government agencies" is also not necessary - 294-FZ had to be studied as our father ...
          1. YarSer88
            YarSer88 17 May 2019 10: 16 New
            0
            Windows are an incorrect example, where the selling price consists of payment for both materials and labor. There is not such a big margin on the windows themselves.

            I agree with water, this is one of the most criminal markets therefore. The situation is similar with alcohol, utilities, garbage and funeral services. But these are rather exceptions.

            The real front margin for traders is 30-40 percent, stupid competitors will not make money anymore, plus networks have climbed almost everywhere, squeezed as they can, and yes, they have a 100% margin (50% margin means).

            Somehow
            1. your1970
              your1970 17 May 2019 16: 36 New
              +1
              Will puff pastry work as an example?
              we agreed with a sales representative who carries out freezing in small shops, that we will take 2-3 boxes from him once a month. In a magnet / pyaterochka it costs 60, in stores where he carries 55, he brings us ..... 31,80 rub .....
              This is certainly not a cemetery, but about 100% of the bread is also not sickly.

              Lighters .... it’s not water, but it’s also healthy. Wholesale from 300pcs 4 rubles - sell for 20-25 rubles

              About the Internet trade in general, the carcasses of the sky ..... you hammer in ANY product on the market - there will always be a seller selling it twice as expensive. Even if the manufacturer is the first one where anyone can buy this product at a cheap price
              1. YarSer88
                YarSer88 17 May 2019 20: 03 New
                0
                Except that the packages in supermarkets and lighters are an example, the rest is, as I said, in wholesale percent 30-40, in networks 100,
                Quote: your1970
                5) on the income of traders - winding 200-300% on the value of goods

                this is not even visible (except for the above niches)
                Yes, and to become a network with a 100% margin, you need a lot of investments and a very efficient use of these funds. By the way, this margin is eaten up by the huge costs of networks and investment projects, without which networks cannot now (there is a fierce struggle for sales markets, who did not have time - he was late).
                1. your1970
                  your1970 17 May 2019 20: 39 New
                  +2
                  Are you seriously talking about chains now? Or don’t you catch that 90% of stores in the country (NOT NETWORK !!!) I work with a wrapping of at least 100% - but in reality they wind up 2-3-5-10 times?
                  Kiwis are bought in Magnit at 69 rubles per kg and in 500 meters from a private trader they are sold at ..... 120 rubles .. (he trades up to 22 - and Magnet up to 20-00) ... they take ....
                  Dried fruits take on 90-100 sell up to 300 rubles per kg
                  Lumber in Tambov (absolute substandard by the local standards !!!) they take at 750 rubles per cube - they sell in the Volga region at 4-6 000 rubles per cube
                  180 cement sold at 400rub per bag
                  Blouses from Belarus are taken there on 1500 (via the Internet) - they are sold here FROM 4000 rub
                  containers for packing 200gr if you take 100pcs they give at 1 rubles - at retail they sell at 8 (!!!!!!!!!!!!!!!!!!!!!!!).When I, out of a sporting interest, asked how much they would give 1000pcs - they said that they would give away 60cop (that is, even they weld a minimum of 50%)
                  ballpoint pens - boring, just with 2 rubles to 15-20-25 grows
                  metal rolling -there generally because of 300% of profit nobody will get dirty
                  bread - if you take from 30 the loaf goes at 20 rub - sell from 37 .... I agree with less than 100% but WHY then it is higher than your 30%
                  children's toys ..... from 3 to 5 cheat times
                  screws - a jar of small ones costs 200 rubles - screws sold from it piece by piece for 1 rubles bring (depending on size) from 1200 to 2000 rubles. 600% of Brew

                  And all this is practically retail when purchasing - not even a small wholesale

                  Quote: YarSer88
                  Yes, and to become a network with 100% margin, you need a lot of investments and a very efficient use of these funds.
                  -I'm deep on the drum the number of network investments. And about their effectiveness ......
                  1. YarSer88
                    YarSer88 20 May 2019 09: 18 New
                    0
                    So I thought, we walked through the bags-containers-pens, and the textiles from Turkey-Belarus. This is all true, but business is not done on pens, it is just that without such a markup there is no point in doing them, you will spend more on delivery. Regarding "bought in a magnet - sold nearby at 2 times more expensive" - ​​we also have such figures. However, the people are also not stupid, such a business will not live long. I can only agree with building materials, there really are not enough players there, it is possible to maintain a good balance of supply and demand, I myself thought to open a factory for the production of finishing materials in the Moscow region, there was just a boom in low-rise construction. But this is also not for long, people are quickly running for good money, and soon there will be no crowds of people willing to sell there.
                    1. your1970
                      your1970 20 May 2019 12: 42 New
                      0
                      Quote: YarSer88
                      But this is also not for long, for good money people quickly run away, soon there will be no crowding from those who want to sell.
                      lol lol lol
                      Quick it how by time ???? !!!!!!!
                      The magnet has been working for about 10 years - all this time, our kiwi traders and other fruits bought there sell at 2 prices
                      Packing has been kept within these limits for more than 20 years.
                      The forest stands at an exorbitant price (from Tambov / Penza) of a year with ... 1994, as soon as the forests were finally divided there ...
                      Screws sold like that always.

                      You dance from Moscow and Moscow region - the specifics are completely different there. There is a surplus of people who want to grab a lot, a lot, as a result, they fall and tear themselves

                      And in Zamkadia, everything is a little different. When we opened the first networks, the traders were very upset at the beginning. And then we realized that the prices (bulk) are about the same as theirs (with 2-3fold margin). And that it’s enough to keep the prices for 2-5-10 rubles lower than there so that buyers would NOT leave .... Kiwi and fruit are more expensive, but the factor of small volumes and working hours works here
                      And yes, Magnit - he will not sell on credit. This also takes place in small towns
                      1. YarSer88
                        YarSer88 20 May 2019 13: 07 New
                        0
                        Quote: your1970
                        Screws have always been sold this way.

                        Again you are about small things. The margin here should be considered not from the purchase, but from the cost, because several times more are incurred on the same screw than it is in the purchase, and then the overhead costs come from above. If you take into account the front margin, then it goes off the scale in small things, and when you put all the costs, you can go to minus.
                        Quote: your1970
                        The magnet has been working for about 10 years - all this time, our kiwi traders and other fruits bought there sell at 2 prices

                        Well, how many of these fruits are sold? And how many are unsold? This is not a business, it is a ruse for the invention of cunning.
                        The only adequate example you had was building materials, there are really good margins.
                        I can also add on my own that good margins are still in resale with Ali Express, many keep a small business on this (they will buy from a dozen accounts for 1000-2000 dollars, and then resell in supermarkets on islets with a mark-up of 500%), but this scheme is already chopped, the limit is reduced to the plinth.
                      2. your1970
                        your1970 20 May 2019 18: 10 New
                        0
                        Screws ... overhead there- 700 rubles per the entire a consignment of goods purchased from a wholesaler - paint, wallpaper, screws, wire, light bulbs, acetone, and further - for transportation / gasoline. There is a goby / gazelle - ALL goods are transported - someone ordered more, someone less. They give back and forth on gasoline.
                        What else is there overhead? Zp of the seller in the amount of 16000- scattered all over it on a specific screw falls in the penny area.
                        Taxes? It’s already ridiculous ... You cannot check the 3 of the year - through 2,5 you can re-arrange everything for your wife and the term has gone anew + the holidays have been extended yet.

                        And yes, exactly on these small things my classmate who trades with 1992, weaned two children, a daughter at Moscow State University (she’s smart at him) and a son at a military school. After that I bought her an apartment in Moscow and him in Kazan ....

                        Without a mortgage both ....... recourse
                        A trifle, but it's nice

                        I gave you an example with windows, there real expenses are already at the level of 100 percent profit. But they like this alignment and do not plan to scatter. That is, the payoff is at least 200%
                      3. YarSer88
                        YarSer88 21 May 2019 09: 47 New
                        0
                        With windows, why is it a bad example - because not only the goods are sold, but also the delivery and installation services, that is, it is incorrect to compare the revenue from the sale of the window on the forehead, it is also necessary to take into account the share of payment for services. And how to take it into account - a free interpretation of the accountant, he can say (and not without reason) that the installation services are costs and take into account the entire amount of income minus the cost of the costs for installers in the profit from the sale of the window, or maybe we say that we we load to zero, but we earn only on the installation, and throw all the income minus the cost of the windows on the profit from the installation. Although, as a rule, profit is divided between a product and a service (for a more accurate analysis).
                        With small things - if it comes as an accompanying product - yes, this is a good extra income, but purely doing this is not very promising. If your delivery is free (partial load, as you said), the trading place is free (you rent it anyway, there are no additional costs), the seller's payroll is near zero (the salary beats the main product, and the interest is a trifle), then yes. If all these costs fall on small things, very little will be left. It will either be necessary to ship the gazelles with self-tapping screws, which is unlikely, or 300% of the margin in rubles will not be such an impressive amount, which will then be consumed by overhead expenses (rent, salary, fines / bribes)
                      4. your1970
                        your1970 21 May 2019 10: 12 New
                        0
                        Quote: YarSer88
                        With windows, why is it a bad example - because not only the goods are sold, but also the delivery and installation services, that is, it is incorrect to compare the revenue from the sale of the window and the cost of the window, it is also necessary to take into account the share of payment for services. And how to take it into account - a free interpretation of the accountant, he can say (and not unreasonably) that installation services are costs and take into account the entire amount of income minus the cost of the costs for installers in the profit from the sale of the window, or maybe we say that we we load to zero, but we earn only on the installation, and throw all the income minus the cost of the windows on the profit from the installation. Although, as a rule, profit is divided between a product and a service (for a more accurate analysis).
                        -You didn’t catch it. at least some profit - they must earn a month more 90 000- to cover costs.
                        And it doesn’t matter at all whether it will be selling them windows at half price or free installation. I indicated that:
                        Quote: your1970
                        DO NOT take separately for installation and delivery - like "the cheapest in the region !!" a little bit cheaper than everyone-it is very important.

                        The opportunity here to make a profit - or to reduce overhead costs (that they not do), or receive the goods at the lowest possible price and wind 200-300% on it.
                      5. YarSer88
                        YarSer88 21 May 2019 10: 20 New
                        0
                        What is not taken for delivery and installation is an accounting ploy. Really, they deliver and deliver? It’s like with goods in a supermarket, you pay not only for the goods, but also for their delivery and packaging. Nobody points these services to you on the check, but they are there, and you need them. I do not think that you would buy salt in bulk, or, for example, apples that need to be taken out and Rostov-on-Don, you need apples here and now and salt in a bag. But if the packaging is cheap and you can really neglect it, then the installation and delivery of windows is a service with its market price, which is included one way or another in the product. Therefore, there is not only a mark-up on goods coming in, but a mark-up on goods plus sales of services. How to calculate the real share of the revenue from the service is a question, you can compare it with similar offers, you can proceed from the cost, but the fact is that this is a solid share of the revenue, so the mark-up should be considered with an adjustment for this amount, you can not throw it out. For comparison, try selling windows at the same price at your own expense from the factory without installation. Now, if it works out - then this is really an extra charge on the product.
                      6. your1970
                        your1970 21 May 2019 14: 03 New
                        0
                        You didn’t catch it again - they can’t sell the window + delivery + installation more expensive than the average market. Everything goes in the complex. There are no offers now - the window is for 4 + installation for 10. Now the principle works all at once. The window in Khrushchev stands all together 5,7 and willing to pay more, no ...
                      7. YarSer88
                        YarSer88 22 May 2019 09: 33 New
                        0
                        You do not catch it, the window + delivery + installation is on sale, regardless of what is written on the receipt. This is a service that increases the value of a product; it has its own cost and market price. It can be specified separately, it can be included in the price of the window, in any case, if we buy windows, and then bring them in and install, it arises and increases the cost. Therefore, I’m talking about the fact that the example is incorrect, you can’t compare the bare margin (bought-sold more expensive) and the margin with an additional service (bought-sold more expensive + set). How to take this into account is a purely accounting issue. You press hard on the accounting side that the service charge is not shown on the check. She does not sit on the check, but in the price of the window.
                        By the way, if you really assess the ratio of revenue from the sale of windows and from the sale of delivery and installation services, I would take into account the main source of income - namely the service, and windows as costs. Because no one is likely to buy windows without installation, most likely at cost price, which means we are not earning on the product in this example.
  • smaug78
    smaug78 13 May 2019 15: 33 New
    +2
    Yes, this cannot be: Nubiulina is Putin’s chain dog ...
    1. Nitochkin
      Nitochkin 13 May 2019 16: 07 New
      +9
      Quote: smaug78
      Yes, this cannot be: Nubiulina is Putin’s chain dog ...

      Oh it! There is a chain, but it reaches for a hill, to the Phashington regional committee.
  • Medvezhya lapa nad Ki
    Medvezhya lapa nad Ki 13 May 2019 15: 35 New
    0
    . Task: translate into geopolitical, removing the hate speech elements. Read with a hypocritical smile.

    Pelevin.
  • Medvezhya lapa nad Ki
    Medvezhya lapa nad Ki 13 May 2019 15: 39 New
    0
    now he was inclined to blame not the Jews, but the Anglo-Saxons, whom he contemptuously called “aglososy” (“uglosucksons”: approximate semantic field - “sons of an ugly suction”) and “motherforex” (in harmony with “motherfuckers”) .
    Pelevin.
  • parusnik
    parusnik 13 May 2019 15: 54 New
    0
    Judging by the article, as a result of the actions of the Central Bank of the Russian Federation, the dollar, tomorrow - after tomorrow, there will be quite a cord, with a control shot in the head .... laughing
    1. Dym71
      Dym71 13 May 2019 18: 51 New
      0
      Quote: parusnik
      Judging by the article, as a result of the actions of the Central Bank of the Russian Federation, the dollar, tomorrow - after tomorrow, there will be quite a cord, with a control shot in the head .... laughing

      It is a sin to laugh at sick people (c) crying
    2. Akuzenka
      Akuzenka 13 May 2019 20: 45 New
      +2
      No, it's even easier. "We sold a part of you into slavery, wait, we will sell everyone."
  • fruit_cake
    fruit_cake 13 May 2019 15: 59 New
    +1
    then you’re fucking, you pay taxes, and someone takes and just dumps this money, was their interest in this?
  • prior
    prior 13 May 2019 16: 05 New
    15
    "The Central Bank remained in a deep minus" - complete garbage.
    This is me in a deep minus, and the Central Bank is in full "chocolate".
    The announced statistics are a fake for suckers.
    1. NEXUS
      NEXUS 13 May 2019 16: 13 New
      +9
      Quote: prior
      "The Central Bank remained in a deep minus" - complete garbage.
      This is me in a deep minus, and the Central Bank is in full "chocolate".
      The announced statistics are a fake for suckers.

      I have already said that corporations and banks will always be in the black ... they do not care about the borders of states, nor sovereignty, nor demographics ... profit and control over the citizens who protect their energy resources are important.
  • Cradle
    Cradle 13 May 2019 16: 13 New
    14
    Central Bank has remained in deep minus
    +++ Judging by their salaries, they shoved all these cons into their pockets, so that I would live like that ...
  • vladimirvn
    vladimirvn 13 May 2019 16: 32 New
    0
    The article is that in general everything is bad, but if you look closely it is not very. We are not to blame and could be worse.
  • Terenin
    Terenin 13 May 2019 16: 39 New
    11
    Stanislavsky would say: "I do not believe!"

    I agree with Stanislavsky.
    As in perestroika (25 years ago), the "Gaidars" and "Chubais" were able to destroy our State Bank and impose the Central Bank on us, there is every reason to assert that the Central Bank of Russia, "independent" of the Russian leadership of the country, depends on the corporation of international banking clans, is subordinate to them and is an instrument of robbery of Russia on their part.
  • samarin1969
    samarin1969 13 May 2019 16: 48 New
    14
    In non-stopping Ukraine, the NBU transfers to the budget about 150 billion profit (equivalent in rubles) ... And our Central Bank writes out losses.
    Of course, if "bankers" like Pugachev can fearlessly throw the country for tens of billions, then no money will be enough.
    ps This is not the first time for some reason the topic of "bankers innocently affected by the repressions of the Central Bank" is raised at VO. An "innocent banker" sounds like an "honest quartermaster" in the army.
    1. Alf
      Alf 13 May 2019 18: 50 New
      +5
      Quote: samarin1969
      "honest quartermaster"

      The virgin prostitute.
  • Lieutenant Colonel of the USSR Air Force in stock
    +3
    "While inventing money, people did not suspect that at the same time they were creating a new social force - the only force with universal influence, before which the whole society would have to bow."
    F. Engels “The Origin of the Family, Private Property and the State”
  • midshipman
    midshipman 13 May 2019 17: 49 New
    +2
    But what about the money in the offshore of the richest Jews in Russia?
    1. Alf
      Alf 13 May 2019 18: 51 New
      +3
      Quote: midshipman
      But what about the money in the offshore of the richest Jews in Russia?

      Do not encroach on the holy!
  • SHAMAN
    SHAMAN 13 May 2019 18: 30 New
    +2
    I have long been tormented by the question of why the state central banks were removed throughout Russia (in cities and towns)? After all, they controlled all these commercial and semi-commercial (Sperbank, etc.) Well, and cash too ..? The Central Bank of Russia is in general an incomprehensible structure in Russia (a certain Jewish pump is obviously) ..
  • olimpiada15
    olimpiada15 13 May 2019 19: 35 New
    +4
    The Central Bank of the Russian Federation solves the main problem as "making profit losses" and successfully copes. The motto of the Central Bank is "Everything honestly without deceit from the wizard Suleiman", where the role of the wizard is played by the head of the Central Bank Nabiullin. The country of wizards under the control of the storyteller provides citizens not with life, but with a fairy tale.
  • Alex_Bora
    Alex_Bora 13 May 2019 23: 31 New
    11
    Ms. Na..bulina is doing well, the country and her economy are doing poorly. Just imagine, you are the head of a company issuing shares attracting money at 10% (in our case bonds of federal loan bonds), and with your other hand place free money in bonds (treasuries) at 3%.
    Other things being equal, the loss is 7%. How to weaken the economy of your country even better?
    Here is the answer to the question: who is our government working for?
    On your beloved and on Uncle, whose name is Sam.
    Something like that. hi
    1. YarSer88
      YarSer88 21 May 2019 10: 41 New
      0
      Reserve money is in the treasures, it is not raised through OFZs, money raised through OFZs is either issued in the form of loans to banks at the refinancing rate, or goes to the currency exchange for interventions or currency purchases. But in any case, the goal is not to make money, the goal is to redistribute the money supply. By the way, 10% of OFZs is very outdated information, now it is about 6% -7%, and up to 8,5% for long-term ones (but there are risks involved). So for OFZ the Central Bank works at zero.
    2. The comment was deleted.
    3. YarSer88
      YarSer88 21 May 2019 10: 41 New
      0
      Quote: Alex_Bora
      Ms. Na..bulina is doing well, the country and her economy are doing poorly. Just imagine, you are the head of a company issuing shares attracting money at 10% (in our case bonds of federal loan bonds), and with your other hand place free money in bonds (treasuries) at 3%.
      Other things being equal, the loss is 7%. How to weaken the economy of your country even better?
      Here is the answer to the question: who is our government working for?
      On your beloved and on Uncle, whose name is Sam.
      Something like that. hi

      Reserve money is in the treasures, it is not raised through OFZs, money raised through OFZs is either issued in the form of loans to banks at the refinancing rate, or goes to the currency exchange for interventions or currency purchases. But in any case, the goal is not to make money, the goal is to redistribute the money supply. By the way, 10% of OFZs is very outdated information, now it is about 6% -7%, and up to 8,5% for long-term ones (but there are risks involved). So for OFZ the Central Bank works at zero.
  • The leader of the Redskins
    The leader of the Redskins 14 May 2019 07: 12 New
    0
    Article - "validol"? Calming down? Is everything all right, lovely marquise?
  • Million
    Million 14 May 2019 07: 34 New
    +2
    Vorie is everywhere!
  • Ingvar 72
    Ingvar 72 14 May 2019 08: 08 New
    +6
    The Central Bank of the Russian Federation also increased its investments in Japan - from 1,5% to 7,5% and in Finland - from 0,9% to 1,8%.
    Also mentioned are investments in China and the USA. Against this background, a fair question arises - is it a Russian bank? Indeed, due to lack of money in the budget, the retirement age and VAT have been raised. Uncle’s wife, to a walking woman?
  • bandabas
    bandabas 14 May 2019 10: 08 New
    0
    And what else can you say about the US Federal Reserve branch.
  • mik193
    mik193 14 May 2019 12: 24 New
    +1
    Until the Central Bank becomes a state bank of Russia and is managed exclusively by the state, all this crap will continue.
  • akunin
    akunin 14 May 2019 16: 00 New
    +1
    Central Bank has remained in deep minus
    , and in the meantime, his leadership receives bonuses at the end of the year and, moreover, increases them for itself. Under the "damned" communists, they would have already gone to the Kolyma, and under the "tyrant" Stalin, Beria would have signed a list of executions.
  • NordUral
    NordUral 17 May 2019 09: 33 New
    +2
    Central Bank has remained in deep minus Central Bank ?! No, in the deep ....... we, the population of the Russian Federation, are precisely the population or the electorate, because the citizens of Russia would long ago have swept all this riffraff out of the country.
    To the dances and laughter of the mummers from the stage, to the lamentation about the fate of the Outskirts and other outskirts there, this insatiable bastard quietly seizes the remnants of the USSR, which they did not dare in the 90's.
    And we are all silent and watching.