Suchergebnisse

Professional sports are of high social importance. Questions of the socio-economic efficiency of professional sports remain topical. State participation in financing professional sports teams in team sports in today's conditions cannot be replaced in the short term with sponsorship funding. Therefore, the system of subsidizing their activities through contracts with non-commercial partnerships, one of the founders of which is the state authority of the constituent entity of the Russian Federation, is currently considered optimal. The social effect obtained from the activities of professional sports organizations, including sports teams in playing sports, is assessed, as a rule, positively. The achievements of the region's athletes on the all-Russian and international arena contribute to the enhancement of the region's status and serve as a source of pride for its residents.

Cash flow is an indicator showing the difference between income and expenses for a certain period. Cash flow takes into account the activities from investment, business, employment, charity and other monetary activities, as well as one's costs, mandatory and optional, and other expenses. Such designation as «cash flow» is used both in business and in private. Cash flow determines solvency, plans for the future, past expenses and even possible bankruptcy. Why is cash flow a key indicator of financial performance?