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Passport of an Enterprise
 

Passport of an Enterprise, a document which comprehensively characterises the main aspects of the economic performance of a socialist enterprise as a whole. It contains objective data on the existence and use of production capacities and equipment (replacement and utilisation coefficients, etc.); on the technical level and quality of output; on the volume of capital investment and the existence, putting into operation and efficiency indices of the fixed assets (output-asset ratio, asset-worker ratio, etc.); on the consumption and expenditure of the basic types of raw and other materials, semi-finished goods, fuel and energy; on finances (overall balance profit, profitability, the turnover of circulating assets, economic incentives funds and the organisational and technical level of production (comprehensive mechanisation and automation, proportion of manual workers, measures to improve management and to introduce new technology, etc.). The passport of an enterprise also includes a section on manpower resources and the social development of the collective (labour productivity, use of working hours, average monthly wages and their increase, provision of workers with housing and childcare facilities, material incentive funds, and social and cultural measures and housing per worker, etc.), as well as indices characterising environmental protection, such as the availability of purification installations, degree of rational use of water resources, minerals and hard waste, and expenditures on the environment. Whenever necessary, the passport also includes additional figures to indicate the features of a given industry (enterprise). A precise and objective passport makes it possible to work out economically grounded fiveyear and annual plans, correct imbalances in the development of enterprises and industries, and more effectively utilise manpower and material resources and make production assets more efficient. The data may be used by enterprise collectives (see Collective, Work, Production) to search for reserves to increase production and formulate counter (upwardly adjusted) plans, as well as to determine the principal ways of making production more efficient and the quality of work higher. In the USSR, the passport of an enterprise is compiled by production associations and enterprises subject to the Statute on the Socialist State Production Enterprise. The compilation of it is based on the data concerning the state of production and the summary results of economic performance for the year under review. The data are further specified each year on the basis of an analysis of available production opportunities and objectives. The entire work collective, all sections of the enterprise take an active part in compiling the passport.

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