OREANDA-NEWS. July 09, 2012. These are findings of the report by the Ministry of Economy on administration and denationalization of the state property for 2011.

According to the document, public dividends from stock associations brought into the budget 254.38 mln. leis, 90.78 mln. leis up as compared with 2010.

The dividends and state enterprises net incomes targets for 2011 were met 100.07% and 108.02% respectively. As of January, 1, 2012 the state has administrated 168 shareholdings in stack associations and 247 state enterprises.

Out of 268 state enterprises administrated by special central bodies, 27 are not functioning, 5 are under insolvency procedure and 14% are under liquidation. In 2011, out of 241 working state enterprises, 149 companies received the net income at a total sum of 291.62 mln. leis, and 92 companies worked at losses of 170.17 mln. leis.