During the recent 5 years the top management of IC Brokbusiness increased the total volume of business from UAH 16,9 m to 219,025 m, i.e. almost in 13 times. During the recent 5 years Company work remained profitable, and in 2009 the ROE of the Company reached 50,42%. In 2010 the result was more modest (+26,65 %), however being
above average market one (see table 1).
The assessment of IC Brokbusiness financial policy has shown that the Company entered the year 2011 with extremely conservative indicators. Equity/assets factor of 53,34 % demonstrated a moderately redundant capitalization of the Company. Assets/liabilities coverage factor of 101,07 % also showed the readiness of the company to cover future payments and expenses by ‘ready cash’. That is, on the beginning of 2011 IC Brokbusiness maintained quality of assets at the level adequate to liabilities of the Company. Assets/liabilities coverage factor in 2010 compared to 2009 grew due to the changes of accounting policy of the Company.
The trend of loss factor growth over the last 5 years is worth marking as alerting one. However, as seen, this trend has not affected the level of Company profitability, and operational yields remained high enough.
Therefore, IC Brokbusiness is a large company with rich history, solid corporate clientele and a branched out sales system. The top management of the Company carries out rather conservative financial policy, also the Company maintains high quality of assets and moderate level of recapitalization.
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