LANIT-Consulting

History and Performance Indicators

2015: Liquidation

According to the Unified State Register of Legal Entities, on May 19, 2015, Lanit-Consulting CJSC was liquidated.

2013: Decrease in revenue to RUB 298.5 mln

In early April 2013, Lanit Consulting announced its 2012 financial results. The company's revenue for the year decreased from RUB 315.462 million to RUB 298.524 million. At the end of 2012, the company demonstrated a net loss of about 7 million rubles. against net profit of 2.39 million rubles. in 2011

The explanations to the reports indicate that in 2012 Lanit-Consulting leased non-residential ones to Lanit itself and a number of related companies - for example, Lan ATMservice, Lanit-Integration and others, as well as a number of strong companies, among which VimpelCom is listed , which rented an area from the company for a base station repeater.

The press service of Lanit refused to provide comments on the results of Lanit-Consulting, which TAdviser contacted on April 9, 2013. A week later, the company decided to explain the loss in the report. In particular, Lanit said that it was formed not due to a decrease in the company's efficiency, but as a result of changes in accounting standards introduced by Russian law (Order of the Ministry of Finance of Russia No. 186n of 24.12.2010).

If before the creation of reserves for upcoming expenses was a voluntary right of organizations, now, in accordance with PBU 8/2010, firms are obliged to create an estimated obligation in the form of a reserve for vacation payments at each reporting date (the exception is enterprises that have the status of a small business entity). The corresponding changes have been enshrined in the company's accounting policy since 2012, Lanit explains.

According to representatives of the company, in this regard, the accounting policy for 2012 enshrined the creation of a reserve for vacation payments in the amount of 8,708,539,98 rubles, and in addition, at the end of 2012, the amount of the reserve for upcoming vacations of 13,013,593,89 rubles was allocated to expenses for ordinary activities.

"Based on the facts set forth, and also considering that LANIT-Consulting is a resource center and does not conduct commercial activities, the difference between income and expenditure is not a loss in the traditional sense, since it appears as a result of the peculiarities of Russian accounting legislation," they add to Lanit.

2012: Company Information

100% of the company's shares belong to the president of the Lanit Group of Companies Georgy Gens. According to Lanit-Consulting reports for 2012, its main activities are the creation of IT resources and databases, rental of non-residential premises and personnel outsourcing services for the purchase of computers, accessories and accessories, as well as other goods.

Lanit told TAdviser that Lanit-Consulting does not work on the open market, but is a resource center in which some of their company's employees are registered.