The state of implementation of the separate instruction of the Prime Minister of Ukraine dated 04.02.04 No. 5243/O regarding the analysis of the reasons for the unprofitable activity of business entities was discussed at a staff meeting in the regional state administration. According to the schedule, for the period from March 1 to March 11, 2004, the relevant working group held 20 meetings to review materials on the loss-making of enterprises and organizations of the region, at which the leadership of all district state administrations and cities of regional significance was heard. Following these meetings and commissions, 90 taxpayers independently eliminated losses in the amount of UAH 2.4 million. The total amount of declared losses as of March 19, 2004 is UAH 38.4 million. As of the same date, the number of loss-making enterprises in the region is 200 business entities, including 112 enterprises that operated at a loss last year. As a result, the loss rate is 1.9%, and taking into account uncovered losses of previous periods, 3.5%. Based on the results of a comprehensive analysis of the financial and economic activity of taxpayers, it was established that the most common reason for the absence of profits is uncompensated losses of previous years, by which the object of taxation of the current year is reduced.