Assessment of lost benefits for nature conservation areas and objects due to war in the post-war recovery system of the country
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Date
2023
Authors
Horoshkova, Lidiia
Vasyl'yeva, O.
Antoniuk, D.
Antoniuk, K.
Horoshkov, S.
Tarasenko, O.
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
The study involves an analysis of the existing "Methodology for Determining Damage and the Extent of Losses Incurred by Enterprises, Institutions, and Organizations of All Forms of Ownership Due to the Destruction and Damage to Their Property as a Result of Armed Aggression by Russian Federation, as well as Lost Benefits from the Inability or Obstruction of Economic Activity Implementation" for its application in assessing the lost benefits of the Azov-Syvash National Natural Park. Considering the non-profit nature of the institution’s activities, proposals are developed to improve the Methodology by creating an algorithm for assessing lost benefits for non-profit organizations engaged in economic activities and of significant societal/state importance. Determining the extent of lost benefits was carried out using the following estimation procedures: analysis and determination of the compounding period within which the lost benefit from the asset (property) is considered; calculation of the annual amount of cash flows and conversion into a monthly amount for the entire compounding period; justification of the components of the compounding rate and its determination; determination of the future value of cash flows at the end of the compounding period through compounding these cash flows.
Description
Keywords
Azov-Syvas National Natural Park, armed aggression of the Russian Federation, an algorithm for estimating the lost profit, pooling of cash flows, conference materials
Citation
Assessment of lost benefits for nature conservation areas and objects due to war in the post-war recovery system of the country / L. Horoshkova, O. Vasyl'yeva, D. Antoniuk, K. Antoniuk, S. Horoshkov, O. Tarasenko // XVII International Scientific Conference "Monitoring of Geological Processes and Ecological Condition of the Environment", 7–10 November 2023, Kyiv, Ukraine. - 2023. - P. [1-5]. - https://doi.org/10.3997/2214-4609.2023520225