The Serbian Business Registers Agency has released today the Financial Statements Annual Bulletin for 2019, containing official aggregate data stemming from the reports for statistical purposes, which comprises data on 152,169 legal entities and 108,557 entrepreneurs.
Despite the state of emergency declared due to the pandemic caused by the Coronavirus Disease 2019 (COVID-19), the Agency completed processing of these reports for just a little more than a month upon completion of the reception thereof via a dedicated information system, through which it received this year nearly 100,000 reports more than in the previous year, due to amendments to the Personal Income Tax Law, which caused more entrepreneurs to switch from single-entry to double-entry bookkeeping and file a financial statement for 2019.
In addition to the Bulletin, which contains data on the real sector, financial institutions and the non-profit sector, an analysis was also published, outlining basic findings on the business performance of legal entities and entrepreneurs in 2019, as well as a presentation of the Annual Bulletin.
The data published in the Bulletin represent the first comprehensive picture of the business entities’ performance in the past year.
The data shows that the profitable business performance and employment growth trend of the previous period has continued. Thus, for the fifth year in a row, the economy operated with a positive net result achieved by companies, in the amount of RSD 391,239 million, while the number of employees increased as well. Hence, there were 30,657 more employees in 2019 compared to the previous year.
The analysis is available here.
The Financial Statements Annual Bulletin for 2019 is published in the section Registers/Financial Statements/Publications, which also contains the presentation of the Financial Statements Annual Bulletin for 2019.