Экономические науки/ 3.Финансовые отношения.
Dosmanbetova
Kamshat Master student of “Finance”
in
Almaty Managеment University
Kazakhstan, Almaty
The effect of the intellectual arm of JSC Kazakhtelecom
Abstract: The article deals with the intellectual
capital, which affects the profitability and other indicators of the company.
The intellectual capital of the organization - a key resource of the company as
a set of knowledge, skills, technologies, beneficial relationships and other
intangible assets that may affect its value, bringing an effective contribution
to the development and production of goods, enabling its holder a competitive
advantage. Due to its multi-element structure of each component of this capital
it has various aspects of the impact on the value of the company.
Keywords: intellectual capital, market value, the effect
of intellectual arm, "Kazakhtelecom" JSC.
With the rapid increase
of the dynamics of Kazakhstan on the way of industrial and innovative reforms
are particularly important problems of formation and development of the
intellectual capital of the organization. This direction for deep research
becomes even more urgent in the light of the task in the Message of President
of Kazakhstan Nursultan Nazarbayev to people of Kazakhstan "Kazakhstan's
way - 2050: common goal, common interests, common future" on the formation
and development of the knowledge-based economy and entering the 30 developed
countries
Human, organizational and
consumer capital should support each other, creating a synergistic effect; Then
there is the cross-effects of some types of intellectual capital on the other.
Thus, organizational capital, enhancing the prestige of the company,
facilitates the acquisition of new customers; consumer (client) is transformed
into the capital of financial capital through the interaction with the
structural and human capital, etc.
The effect of
intellectual leverage is calculated, in order to figure out how to use the
intellectual capital and what is the return on its use.
According to Popova T.V.
[1, p. 168] "The effect of the intellectual arm - is the growth of the
gross income obtained through the use of the intellectual capital of the
reinforcing synergy of interaction resources of the organization."
In order to assess how to
increase profits with the growth of intellectual capital by 1%, in our opinion,
you can apply the following ratio:
where IR - Intelligent
lever effect;
IK - the value of
intellectual capital, billion tenge.
K4 - investments in
personnel, billion tenge.
NOPAT - net operating
profit after tax, billion tenge.
Calculate the effect of
intellectual arm of JSC "Kazakhtelecom" (Table 1)
Table 1 - Effect of
intellectual arm of JSC "Kazaktelkom"
|
№ |
Indicators |
Years |
||
|
2014 |
2015 |
2016 |
||
|
1 |
The
proceeds from the sale of products, works, services (billion tenge) |
186 |
185 |
183 |
|
2 |
Cost of
products and services (billion tenge) |
136 |
134 |
127 |
|
3 |
Added value (billion
tenge), (1-2) |
50 |
51 |
56 |
|
4 |
Net profit (billion tenge) |
20 |
6,7 |
2,4 |
|
5 |
Investments
in personnel (billion tenge) |
0,22 |
0,24 |
0,11 |
|
6 |
The value
of intellectual capital (billion tenge) |
26 |
24,5 |
20 |
|
7 |
The
efficiency of use of intellectual capital (3/6) |
1,92 |
2,08 |
2,80 |
|
8 |
The effect
of the intellectual arm ((6-5) /4) |
1,29 |
3,62 |
8,29 |
|
Calculated by the author on the basis of
source [2] |
||||
According to the obtained
predictive coefficient leverage effect it can be concluded that the increase in
the intellectual capital of JSC "Kazakhtelecom" on 1% led to revenue
growth at 8.29% in 2015.
These calculations have
confirmed that the effective use of intellectual capital increases the
synergistic effect of the human, organizational and consumer capital and
resources of the organization. In the future, it is necessary to increase
investment in intellectual capital, in order to get the positive effect of
intellectual leverage, which affects the profit and value of the company.
1. Popova T.V. The role
and place of intellectual capital in the economic system of the enterprise:
Dis. сand. econ. sciences: 08.00.01,
08.00.05 -Vladimir, 2006 - 210s.- inv. №
6106-8 / 1827.
2. The financial
statements of JSC «Kazakhtelecom» // https://telecom.kz/ 22/10/2016.