Depreciation as a source financing of investments (using the example of regions Siberian Federal District)

Investments are the basis for economic development of the economy. In conditions of insufficient own sources for financing investments, the share of attracted funds increases, which reduces the financial stability of the enterprise, and, as a result, reduces their investment attractiveness. According to Rosstat, the level of investment activity of Russian organizations in 2023 is 11.3 %, the share of innovative goods, works, services is 6.0 %, the share of costs on innovative activities in the total volume of goods is 2.5 %. In this regard, the problem of forming own sources of investment financing is becoming very relevant in the current conditions, which predetermined the purpose of the study: to identify the role and influence of depreciation charges on the process of forming own sources for the renewal and development of fixed capital of business entities. The state is interested in accelerating the implementation of modern innovations and creates certain conditions by introducing tax incentives, accelerated depreciation methods, and investment tax deductions, designed to stimulate the renewal of production assets. The subject of the study is depreciation policy in the regions of the Siberian Federal District. The objectives of the study are to analyze the state of fixed assets, the use by economic entities of the regions of tax optimization methods provided by tax legislation in terms of writing off the cost of fixed assets to expenses using accelerated depreciation methods. The study used generally accepted methods: analysis and synthesis, generalization, grouping, consideration of phenomena in dynamics, tabular, etc. The study found that in conditions of significant wear and tear of fixed assets, low rate of their renewal, and the importance of the northern regions for the country's economy as a whole, the use of active methods of accelerated depreciation of fixed assets for the regions of the district is particularly relevant.

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