Strategic companies to conduct repeat inventories to identify non-core assets - Rosimushchestvo
MOSCOW. Dec 12 (Interfax) - Strategic companies that were unable to identify any non-core assets in their structures will be inventoried a second time, Deputy Economic Development Minister and Rosimushchestvo chief Olga Dergunova told journalists in Moscow on Friday.
"Of the 52 companies on the [strategic enterprise] list (91-P), 17 held board of director meetings that were unable to identify any non-core assets in their structure. In part, this is correct. But we have proposed returning and performing a repeat inventory of their assets, understanding that the economic situation may have changed things," Dergunova said.
The makeup and the taxes on a host of assets at those companies may now prove to be burdensome. "That fact that we have arrived at a repeat inventory via this system of iterations seems to me more important than the fact a number of assets were not disposed of in the preceding period," she said.
An instruction on conducting the repeat inventory will be issued before the companies' next annual meeting of shareholders, she said.
At seven of the companies that did identify non-core assets, none were disposed of in the last three years. Rosimushchestvo is also looking at this issue, she said, while acknowledging that in some cases there were good reasons for not selling any of the non-core assets.