Financial Aspects of Ensuring the Security of Communal Enterprises under Martial Law

The scientific study identified the importance of the activities of communal enterprises to provide the necessary services to individuals and legal entities in settlements. The article examines the issues of analysis of capital formation of communal enterprises and pays attention to the development of a system of indicators for assessing the efficiency of capital provision of enterprises in this sphere. It is determined that domestic enterprises generally have a small amount of equity. This circumstance is due to the formation of the prevailing amount of borrowed capital and growing dependence on external creditors. However, this trend is not always inherent in domestic enterprises. For example, the capital city’s enterprises in the field of improvement, school meals and the provision of services have the most risky capital structure. At such enterprises, the average financial risk index ranges from 2.41 to 3.35, which is evidence of a significant share of borrowed capital in the capital structure. This publication outlines the reasons for the low share of capitalized profit. Among the existing reasons can be highlighted the following: low profitability compared to investments in the development of the enterprise; high costs, both production and administrative; low performance of activities, which may be results of consequences of military aggression on the part of the Russian Federation, rising energy costs, depreciation of the national currency. The authors do not support the thesis on returning to the depreciation fund, but substantiate the position on the development of a depreciation policy at each communal enterprise, which would not only declare the methods of calculating depreciation, but also determine the directions of effective use of incoming cash flows from depreciation. Thus, domestic communal enterprises should have sufficient financial resources for the repair and maintenance of fixed assets, allowing to provide high-quality, qualified services and necessary goods to community residents