DDI_LVA_2009_FCSr1_v01_M_WB Antonina Redko <_value> NADA Version 01 Financial Crisis Survey 2009 First Round FCS 2009 LVA_2009_FCSr1_v01_M_WB World Bank NADA World Bank Enterprise Survey [en/oth] The Financial Crisis Survey (FCS), an initiative of the Private Sector Development Vice-Presidency of the World Bank Group, provides a quick, short, and cost-efficient evaluation of the impact of the 2008 global financial crisis on private companies in European and Central Asian countries. For this study, researchers contacted the same companies interviewed in 2008-2009 Business Environment and Enterprise Performance Surveys (BEEPS), also referred as 2008-2009 Enterprise Surveys (ES). Manufacturing and services private sector establishments were surveyed for 2008-2009 BEEPS. The original data also served as a baseline for comparisons because it referred mostly to fiscal year 2007, thus measuring the pre-crisis scenario. The Financial Crisis Survey was designed to follow up the same firms every six months during the financial crisis. The first round of FCS took place in June-July 2009, the second wave - in February-March 2010, and the third round was implemented in June-July 2010. Six countries - Bulgaria, Hungary, Latvia, Lithuania, Romania, and Turkey - participated in all three waves. Companies from Kazakhstan were surveyed only in the second round. This research was conducted in Latvia in June-July 2009 as part of the first round of The Financial Crisis Survey. Data from 226 establishments from private nonagricultural formal sector was analyzed to quantify the effect of the 2008 global financial crisis on companies in Latvia. Researchers revisited establishments interviewed in Latvia Enterprise Survey 2009. Efforts were made to contact all respondents of the baseline survey to determine which of the companies were still operating and which were not. From the information collected during telephone interviews, indicators were computed to measure the effects of the financial crisis on key elements of the private economy: sales, employment, finances, and expectations of the future. Latvia National Regions covered were selected based on the number of establishments, contribution to employment, and value added. In most cases these regions were metropolitan areas and reflected the largest centers of economic activity in a country. The primary sampling unit of the study was the establishment. An establishment is a physical location where business is carried out and where industrial operations take place or services are provided. A firm may be composed of one or more establishments. For example, a brewery may have several bottling plants and several establishments for distribution. For the purposes of this survey an establishment must make its own financial decisions and have its own financial statements separate from those of the firm. An establishment must also have its own management and control over its payroll. The manufacturing and services sectors were the primary business sectors of interest. This corresponded to firms classified with International Standard Industrial Classification of All Economic Activities (ISIC) codes 15-37, 45, 50-52, 55, 60-64, and 72 (ISIC Rev.3.1). Formal (registered) companies were targeted for interviews. Services firms included construction, retail, wholesale, hotels, restaurants, transport, storage, communications, and IT. Firms with 100% government ownership were excluded. Sample survey data [ssd] TNS Latvia 271 establishments that participated in Latvia Enterprise Survey 2009 were contacted for The Financial Crisis Survey. The implementing contractor received directions that the final achieved sample should include at least 120 establishments. For Latvia Enterprise Survey 2009, the sample was selected using stratified random sampling. Three levels of stratification were used in this country: industry, establishment size, and region. Industry stratification was designed in the way that follows: the universe was stratified into manufacturing industries, services industries, and one residual (core) sector. Each industry had a target of 90 interviews. For the core industries sample sizes were inflated by about 2% to account for potential non-response cases when requesting sensitive financial data and also because of likely attrition in future surveys that would affect the construction of a panel. Size stratification was defined following the standardized definition for the rollout: small (5 to 19 employees), medium (20 to 99 employees), and large (more than 99 employees). For stratification purposes, the number of employees was defined on the basis of reported permanent full-time workers. This seems to be an appropriate definition of the labor force since seasonal/casual/part-time employment is not a common practice, except in the sectors of construction and agriculture. Regional stratification was defined in 6 regions. These regions are Riga, Pieriga, Vidzeme, Kurzeme, Zemgale, and Latgale. Given the stratified design, sample frames containing a complete and updated list of establishments for the selected regions were required. Great efforts were made to obtain the best source for these listings. However, the quality of the sample frames was not optimal and, therefore, some adjustments were needed to correct for the presence of ineligible units. These adjustments are reflected in the weights computation. The source of the sample frame was the January 2008 version of the Business Register of the Central Statistical Bureau of Latvia. The quality of the frame was assessed at the onset of the project. The frame proved to be useful though it showed positive rates of non-eligibility, repetition, non-existent units, etc. These problems are typical of establishment surveys, but given the impact these inaccuracies may have on the results, adjustments were needed when computing the appropriate weights for individual observations. The percentage of confirmed non-eligible units as a proportion of the total number of contacts to complete the survey was 26.32% (195 out of 741 establishments). Computer Assisted Telephone Interview [cati] The following survey instrument is available: - Financial Crisis Survey Questionnaire Private contractors conducted the Financial Crisis Survey on behalf of the World Bank. Due to sensitive survey questions addressing business-government relations and corruption-related topics, private contractors are preferred over any government agency or an organization/institution associated with government, and are hired by the World Bank to collect the data. Each establishment's senior managers were interviewed over the phone. The interview time was expected to last a maximum of twenty minutes. The survey was conducted in the local languages. Survey indicators were estimated through the use of sampling weights of the 2008-2009 Enterprise Surveys adjusted by non-response in each wave of the Financial Crisis Survey. Therefore the results are still representative of the nonagricultural private economy within each country. For 2008-2009 Enterprise Surveys three sets of assumptions were considered while computing weights: a- Strict assumption: eligible establishments are only those for which it was possible to directly determine eligibility. b- Median assumption: eligible establishments are those for which it was possible to directly determine eligibility and those that rejected the screener questionnaire or an answering machine or fax was the only response. Median weights are used for computing indicators on the www.enterprisesurveys.org website. c- Weak assumption: in addition to the establishments included in points a and b, all establishments for which it was not possible to finalize a contact are assumed eligible. This includes establishments with dead or out of service phone lines, establishments that never answered the phone, and establishments with incorrect addresses for which it was impossible to find a new address. Note that under the weak assumption only observed non-eligible units are excluded from universe projections. Data entry and quality controls are implemented by the contractor and data is delivered to the World Bank in batches (typically 10%, 50% and 100%). These data deliveries are checked for logical consistency, out of range values, skip patterns, and duplicate entries. Problems are flagged by the World Bank and corrected by the implementing contractor through data checks and callbacks. Confidentiality of the survey respondents and the sensitive information they provide is necessary to ensure the greatest degree of survey participation, integrity and confidence in the quality of the data. Surveys are usually carried out in cooperation with business organizations and government agencies promoting job creation and economic growth, but confidentiality is never compromised. Where necessary please site the source as "Enterprise Analysis Unit - World Bank Group https://www.enterprisesurveys.org" Aggregate indicators based on Financial Crisis Survey data are available to the public at https://www.enterprisesurveys.org/FinancialCrisis/ Firm-level data is also available to the public free-of-charge. In order to access the firm-level data, users must agree to abide by a strict confidentiality agreement available through Enterprise Analysis Unit website by clicking on "External users register here" at https://www.enterprisesurveys.org/Portal The user of the data acknowledges that the original collector of the data, the authorized distributor of the data, and the relevant funding agency bear no responsibility for use of the data or for interpretations or inferences based upon such uses. Latvia-2009-FCS-full data- The file contains the cleaned, raw database. Indicators computed from the data are available in "Financial Crisis Survey Indicators" Excel file in "Technical Documents" folder. 226 67 firm id firm id firm id firm id firm id CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 WEB STD FIRMID WEB STD FIRMID WEB STD FIRMID WEB STD FIRMID WEB STD FIRMID CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 a.0 questionnaire a.0 questionnaire a.0 questionnaire a.0 questionnaire a.0 questionnaire CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 1 manufacturing 2 services 3 core a.1 country a.1 country a.1 country a.1 country a.1 country CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 53 Turkey 60 Romania 62 Kazakhstan 73 Hungary 74 Latvia 75 Lithuania 78 Bulgaria language of the interview language of the interview language of the interview language of the interview language of the interview CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 1 Local language 2 other local language 3 russian sampling region sampling region sampling region sampling region sampling region CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 1 2 3 4 5 6 a2. string variable a2. string variable a2. string variable a2. string variable a2. string variable CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 Kurzeme Latgale Pieriga Riga Vidzeme Zemgale a3 city - population a3 city - population a3 city - population a3 city - population a3 city - population CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 1 capital city 2 city with population over 1 million 3 over 250,000 to 1million 4 50,000 to 250,000 5 less than 50,000 population a.3a region of the establishment a.3a region of the establishment a.3a region of the establishment a.3a region of the establishment a.3a region of the establishment CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 1 Riga 2 Pieriga 3 Kurzeme 4 Vidzeme 5 Zemgale 6 Latgale a.4.b industry screener sector a.4.b industry screener sector a.4.b industry screener sector a.4.b industry screener sector a.4.b industry screener sector CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 2 other manufacturing 15 food 17 textiles 18 garments 24 chemicals 25 plastics & rubber 26 non metallic mineral products 27 basic metals 28 fabricated metal products 29 machinery and equipment 31 electronics (31 & 32) 45 construction section f: 50 services of motor vehicles 51 wholesale 52 retail 55 hotel and restaurants: section h 60 transport section i: (60-64) 72 it a.4c industry current sector a.4c industry current sector a.4c industry current sector a.4c industry current sector a.4c industry current sector Industry Revised sector 226 2 other manufacturing 15 food 17 textiles 18 garments 24 chemicals 25 plastics & rubber 26 non metallic mineral products 27 basic metals 28 fabricated metal products 29 machinery and equipment 31 electronics (31 & 32) 45 construction section f: 50 services of motor vehicles 51 wholesale 52 retail 55 hotel and restaurants: section h 60 transport section i: (60-64) 72 it a.6.b screener size a.6.b screener size a.6.b screener size a.6.b screener size a.6.b screener size CONTROL INFORMATION (to be filled out from the existing information, except for a4c ) 226 less than 5 1 small >=5 and <=19 2 medium >=20 and <=99 3 large >=100 b.1 how did change the sales for the last completed month in 2009 in comparison b.1 how did change the sales for the last completed month in 2009 in comparison b.1 how did change the sales for the last completed month in 2009 in comparison b.1 how did change the sales for the last completed month in 2009 in comparison b.1 how did change the sales for the last completed month in 2009 in comparison READ THE FOLLOWING TO THE TARGET RESPONDENT Good morning. I'm calling you from [Insert name of the contractor] to thank you for the participation in the survey for the World Bank that we undertook a few months ago and I would like to inform you that we are sending you a brief report of the results. We would like to take this opportunity to ask you a few questions to follow up on the effect of the current economic crisis on your establishment. [The information obtained here will be held in the strictest confidentiality. Neither your name nor the name of your business will be used in any document based on this survey] If you compare this establishment's sales for the last completed month in 2009 with the same month in 2008, how did they change? 226 -9 do not know (spontaneous) 1 increased 2 remained the same 3 decreased b1b. increased by how much? percent b1b. increased by how much? percent b1b. increased by how much? percent b1b. increased by how much? percent b1b. increased by how much? percent If you compare this establishment's sales for the last completed month in 2009 with the same month in 2008, how did they change? Increased by how much? 12 214 -9 do not know (spontaneous) 6 9 20 22 30 50 80 Sysmiss b1c. increased by how much? lcu b1c. increased by how much? lcu b1c. increased by how much? lcu b1c. increased by how much? lcu b1c. increased by how much? lcu If you compare this establishment's sales for the last completed month in 2009 with the same month in 2008, how did they change? Increased by how much? 2 224 -9 do not know (spontaneous) 100000 Sysmiss b1d. decreased by how much? percent b1d. decreased by how much? percent b1d. decreased by how much? percent b1d. decreased by how much? percent b1d. decreased by how much? percent If you compare this establishment's sales for the last completed month in 2009 with the same month in 2008, how did they change? Decreased by how much? 190 36 -9 do not know (spontaneous) 1 5 10 12 13 15 17 18 20 24 25 26 29 30 33 34 35 40 45 48 50 53 54 55 60 65 70 75 80 87 90 95 99 100 Sysmiss b1e. decreased by how much? lcu b1e. decreased by how much? lcu b1e. decreased by how much? lcu b1e. decreased by how much? lcu b1e. decreased by how much? lcu If you compare this establishment's sales for the last completed month in 2009 with the same month in 2008, how did they change? Decreased by how much? 10 216 -9 do not know (spontaneous) 115 2600 4000 5000 350000 Sysmiss b.2 change in sales one year from now? b.2 change in sales one year from now? b.2 change in sales one year from now? b.2 change in sales one year from now? b.2 change in sales one year from now? What do you expect will happen with this establishment's sales one year from now? 226 -9 do not know (spontaneous) 1 increased 2 remained the same 3 decreased b2b. increased by how much? percent b2b. increased by how much? percent b2b. increased by how much? percent b2b. increased by how much? percent b2b. increased by how much? percent What do you expect will happen with this establishment's sales one year from now? Increased by how much? 27 199 -9 do not know (spontaneous) 5 10 15 20 25 30 40 50 60 100 Sysmiss b2c. increased by how much? lcu b2c. increased by how much? lcu b2c. increased by how much? lcu b2c. increased by how much? lcu b2c. increased by how much? lcu What do you expect will happen with this establishment's sales one year from now? Increased by how much? 3 223 -9 do not know (spontaneous) Sysmiss b2d. decreased by how much? percent b2d. decreased by how much? percent b2d. decreased by how much? percent b2d. decreased by how much? percent b2d. decreased by how much? percent What do you expect will happen with this establishment's sales one year from now? Decreased by how much? 109 117 -9 do not know (spontaneous) 4 5 7 10 15 17 18 20 25 27 30 35 40 45 50 60 70 80 99 100 Sysmiss b2e. decreased by how much? lcu b2e. decreased by how much? lcu b2e. decreased by how much? lcu b2e. decreased by how much? lcu b2e. decreased by how much? lcu What do you expect will happen with this establishment's sales one year from now? Decreased by how much? 19 207 -9 do not know (spontaneous) 1000 Sysmiss b.3 percent of sales in the last completed month: national sales b.3 percent of sales in the last completed month: national sales b.3 percent of sales in the last completed month: national sales b.3 percent of sales in the last completed month: national sales b.3 percent of sales in the last completed month: national sales In the last completed month, what percent of this establishment's sales were: National sales 226 -9 do not know (spontaneous) 1 2 3 5 10 12 20 25 30 35 40 50 54 60 67 70 71 75 80 85 90 95 97 98 99 100 b.3 percent of sales in the last completed month: indirect exports (sold domesti b.3 percent of sales in the last completed month: indirect exports (sold domesti b.3 percent of sales in the last completed month: indirect exports (sold domesti b.3 percent of sales in the last completed month: indirect exports (sold domesti b.3 percent of sales in the last completed month: indirect exports (sold domesti In the last completed month, what percent of this establishment's sales were: Indirect exports (sold domestically to third party that exports products) 226 -9 do not know (spontaneous) 1 2 3 10 20 25 30 33 40 45 50 90 100 b.3 percent of sales in the last completed month: direct exports b.3 percent of sales in the last completed month: direct exports b.3 percent of sales in the last completed month: direct exports b.3 percent of sales in the last completed month: direct exports b.3 percent of sales in the last completed month: direct exports In the last completed month, what percent of this establishment's sales were: Direct exports 226 -9 do not know (spontaneous) 1 2 3 5 10 14 15 20 29 30 39 40 45 46 50 60 65 68 70 75 80 88 90 94 95 98 99 100 b.4 output in the last completed month in comparison with the maximum output pos b.4 output in the last completed month in comparison with the maximum output pos b.4 output in the last completed month in comparison with the maximum output pos b.4 output in the last completed month in comparison with the maximum output pos b.4 output in the last completed month in comparison with the maximum output pos In the last completed month, what was this establishment's output in comparison with the maximum output possible using all resources available (capacity utilization)? 226 -9 do not know (spontaneous) 5 10 15 18 20 23 24 25 30 32 35 40 45 50 57 60 65 70 73 75 80 85 90 93 95 98 99 100 c.1 permanent, full-time employees at the end of the last completed month (inclu c.1 permanent, full-time employees at the end of the last completed month (inclu c.1 permanent, full-time employees at the end of the last completed month (inclu c.1 permanent, full-time employees at the end of the last completed month (inclu c.1 permanent, full-time employees at the end of the last completed month (inclu At the end of the last completed month, how many permanent, full-time employees did this establishment employ? Please include all employees and managers. NTERVIEWER: include respondent if applicable. INTERVIEWER: Permanent, full-time employees are defined as all paid employees that are contracted for a term of one or more fiscal years and/or have a guaranteed renewal of their employment contract and that work 8 or more hours per day. 226 -9 do not know (spontaneous) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 27 28 29 30 31 32 33 34 35 38 40 42 45 48 49 50 56 60 62 63 65 70 71 73 76 80 85 90 92 95 96 98 100 108 110 114 120 123 124 125 126 130 134 140 145 150 152 160 165 170 180 190 200 210 250 260 265 268 380 390 400 410 500 520 700 712 2800 6800 c.1a does this establishment plan to reduce the number of permanent full-time em c.1a does this establishment plan to reduce the number of permanent full-time em c.1a does this establishment plan to reduce the number of permanent full-time em c.1a does this establishment plan to reduce the number of permanent full-time em c.1a does this establishment plan to reduce the number of permanent full-time em Does this establishment plan to reduce the number of permanent full-time employees in the next 6 months due to the financial crisis? 226 -9 do not know (spontaneous) 1 yes 2 no c.2 full-time temporary employees in the last 6 months: c.2 full-time temporary employees in the last 6 months: c.2 full-time temporary employees in the last 6 months: c.2 full-time temporary employees in the last 6 months: c.2 full-time temporary employees in the last 6 months: How many full-time temporary employees worked in this establishment in the last 6 months? Interviewer: include all temporary workers not only new hires INTERVIEWER: Full-time, temporary workers are all paid short-term (i.e. for less than a fiscal year) employees with no guarantee of renewal of contract employment and work 8 or more hours per day. 226 -9 do not know (spontaneous) 1 2 3 4 5 6 8 9 10 12 15 17 20 30 50 60 150 c.3 average length of employment of all full-time temporary employees in the las c.3 average length of employment of all full-time temporary employees in the las c.3 average length of employment of all full-time temporary employees in the las c.3 average length of employment of all full-time temporary employees in the las c.3 average length of employment of all full-time temporary employees in the las What was the average length of employment of all full-time temporary employees in the last 6 months? 66 160 -9 do not know (spontaneous) 1 2 3 4 5 6 Sysmiss c.3a does this establishment plan to change the number of temporary workers it e c.3a does this establishment plan to change the number of temporary workers it e c.3a does this establishment plan to change the number of temporary workers it e c.3a does this establishment plan to change the number of temporary workers it e c.3a does this establishment plan to change the number of temporary workers it e Does this establishment plan to change the number of temporary workers it employs in the next 6 months due to the financial crisis? 66 160 -9 do not know (spontaneous) 1 yes, increase 2 yes, decrease 3 no Sysmiss d.1 sold goods or services on credit in the last completed month? d.1 sold goods or services on credit in the last completed month? d.1 sold goods or services on credit in the last completed month? d.1 sold goods or services on credit in the last completed month? d.1 sold goods or services on credit in the last completed month? In the last completed month, did this establishment sell goods or services on credit? 226 -9 do not know (spontaneous) 1 yes 2 no d.2 sales on credit - comparison last month with the month before: d.2 sales on credit - comparison last month with the month before: d.2 sales on credit - comparison last month with the month before: d.2 sales on credit - comparison last month with the month before: d.2 sales on credit - comparison last month with the month before: Comparing last month's sales on credit with the month before did they? 118 108 -9 do not know (spontaneous) 1 increased 2 remained the same 3 decreased Sysmiss d.3 delayed payments for more than one week to tax authorities or suppliers in t d.3 delayed payments for more than one week to tax authorities or suppliers in t d.3 delayed payments for more than one week to tax authorities or suppliers in t d.3 delayed payments for more than one week to tax authorities or suppliers in t d.3 delayed payments for more than one week to tax authorities or suppliers in t In the last completed month, did this establishment delay payments for more than one week to tax authorities or suppliers? 226 -9 do not know (spontaneous) 1 yes 2 no d.4 proportion of working capital that was financed from internal funds or retai d.4 proportion of working capital that was financed from internal funds or retai d.4 proportion of working capital that was financed from internal funds or retai d.4 proportion of working capital that was financed from internal funds or retai d.4 proportion of working capital that was financed from internal funds or retai In the last completed month please estimate the proportion of this establishment's working capital that was financed from internal funds or retained earnings? 226 -9 do not know (spontaneous) 2 4 5 10 13 15 20 25 30 35 40 50 60 70 74 75 80 85 90 95 99 100 d.5 proportion of working capital that was financed from banks in the last compl d.5 proportion of working capital that was financed from banks in the last compl d.5 proportion of working capital that was financed from banks in the last compl d.5 proportion of working capital that was financed from banks in the last compl d.5 proportion of working capital that was financed from banks in the last compl In the last completed month please estimate the proportion of this establishment's working capital that was financed from banks? 226 -9 do not know (spontaneous) 1 5 10 15 20 25 26 30 40 45 50 60 65 70 72 80 99 100 d.6 proportion of working capital financed from internal funds or retained earni d.6 proportion of working capital financed from internal funds or retained earni d.6 proportion of working capital financed from internal funds or retained earni d.6 proportion of working capital financed from internal funds or retained earni d.6 proportion of working capital financed from internal funds or retained earni And going back to the end of fiscal year 2008, please estimate the proportion of this establishment's working capital financed from internal funds or retained earnings? 226 -9 do not know (spontaneous) 2 5 8 10 12 15 20 25 30 40 50 60 65 70 76 80 85 90 95 98 99 100 d.7 current level of total liabilities (debt): d.7 current level of total liabilities (debt): d.7 current level of total liabilities (debt): d.7 current level of total liabilities (debt): d.7 current level of total liabilities (debt): What is the current level of total liabilities (debt) of this establishment? 226 -9 do not know (spontaneous) -8 refusal (spontaneous) no liabilities 500 700 900 1000 1159 2000 2500 3000 3500 4000 5000 6000 8500 10000 14000 15000 15500 20000 25000 30000 35000 40000 50000 55000 60000 65000 70000 75000 80000 85000 100000 115000 120000 140000 145000 150000 175000 175509 200000 250000 270000 280000 300000 320000 350000 360000 380000 400000 450000 500000 530000 600000 700000 713000 800000 1000000 1400000 1500000 1700000 2000000 2300000 3000000 3200000 3229000 4000000 5000000 6500000 11000000 15000000 30000000 40000000 47000000 48000000 95000000 d.8 percentage of the total level of liabilities (debt) denominated in foreign c d.8 percentage of the total level of liabilities (debt) denominated in foreign c d.8 percentage of the total level of liabilities (debt) denominated in foreign c d.8 percentage of the total level of liabilities (debt) denominated in foreign c d.8 percentage of the total level of liabilities (debt) denominated in foreign c What percentage of the total level of liabilities (debt) of this establishment is denominated in foreign currency? 165 61 -9 do not know (spontaneous) 1 3 4 5 10 13 15 17 20 25 30 32 33 35 36 40 50 60 65 70 75 80 85 90 95 99 100 Sysmiss d.9 percentage of the total level of liabilities (debt) having a term to maturit d.9 percentage of the total level of liabilities (debt) having a term to maturit d.9 percentage of the total level of liabilities (debt) having a term to maturit d.9 percentage of the total level of liabilities (debt) having a term to maturit d.9 percentage of the total level of liabilities (debt) having a term to maturit What percentage of the total level of liabilities (debt) of this establishment has a term to maturity of less than one year (short term)? 165 61 -9 do not know (spontaneous) 1 2 3 5 6 10 15 20 24 25 30 32 33 35 38 40 50 60 65 66 70 75 80 85 90 95 100 Sysmiss d.10 being overdue on obligations to any financial institution in the last 12 mo d.10 being overdue on obligations to any financial institution in the last 12 mo d.10 being overdue on obligations to any financial institution in the last 12 mo d.10 being overdue on obligations to any financial institution in the last 12 mo d.10 being overdue on obligations to any financial institution in the last 12 mo Has this establishment been overdue on its obligations to any financial institution in the last 12 months? 226 -9 do not know (spontaneous) -8 refusal (spontaneous) 1 yes 2 no d.11 being overdue in the last 6 months for 90 days or more? d.11 being overdue in the last 6 months for 90 days or more? d.11 being overdue in the last 6 months for 90 days or more? d.11 being overdue in the last 6 months for 90 days or more? d.11 being overdue in the last 6 months for 90 days or more? Has this establishment been overdue in the last 12 months for 90 days or more? 55 171 -9 do not know (spontaneous) -8 refusal (spontaneous) 1 yes 2 no Sysmiss d.12 restructured outstanding liabilities in the last 12 months: d.12 restructured outstanding liabilities in the last 12 months: d.12 restructured outstanding liabilities in the last 12 months: d.12 restructured outstanding liabilities in the last 12 months: d.12 restructured outstanding liabilities in the last 12 months: Has this establishment restructured any of its outstanding liabilities in the last 12 months? 226 -9 do not know (spontaneous) -7 not applicable / no liabilities (spontaneous) 1 yes 2 no d.13 falling in arrears in outstanding liabilities in the course of the next 6 m d.13 falling in arrears in outstanding liabilities in the course of the next 6 m d.13 falling in arrears in outstanding liabilities in the course of the next 6 m d.13 falling in arrears in outstanding liabilities in the course of the next 6 m d.13 falling in arrears in outstanding liabilities in the course of the next 6 m Do you anticipate that this establishment will fall in arrears in any of its outstanding liabilities in the course of the next 6 months? 226 -9 do not know (spontaneous) 1 yes 2 no d.14 will not be able to repay outstanding liabilities that will be due in the c d.14 will not be able to repay outstanding liabilities that will be due in the c d.14 will not be able to repay outstanding liabilities that will be due in the c d.14 will not be able to repay outstanding liabilities that will be due in the c d.14 will not be able to repay outstanding liabilities that will be due in the c Do you anticipate that this establishment will not be able to repay its outstanding liabilities that will be due in the course of the next 6 months? 90 136 -9 do not know (spontaneous) 1 yes 2 no Sysmiss e.1 has the financial crisis affected this establishment? e.1 has the financial crisis affected this establishment? e.1 has the financial crisis affected this establishment? e.1 has the financial crisis affected this establishment? e.1 has the financial crisis affected this establishment? Has the financial crisis affected this establishment? 226 -9 dont know (spontaneous) 1 yes 2 no e2 main effect of the financial crisis on this establishment? e2 main effect of the financial crisis on this establishment? e2 main effect of the financial crisis on this establishment? e2 main effect of the financial crisis on this establishment? e2 main effect of the financial crisis on this establishment? INTERVIEWER: READ OUT Choosing from the following list what has been the main effect the financial crisis on this establishment? 211 15 -9 do not know (spontaneous) 1 increase the level of debt 2 increase input cost 3 reduce access to credit 4 drop in demand for its products or services 5 other Sysmiss e2x other. e2x other. e2x other. e2x other. e2x other. Choosing from the following list what has been the main effect the financial crisis on this establishment? Other (Specify) 15 Consumption has decreased in the local market, but increased in the external mar Decrease in income and insolvency Decrease in the financial support from the state and local governments Improvement, as the crisis makes people think about the local market with lower Increase in taxes, increase in costs Increase in the number of debtors Indecision and inactivity of the government and local governments as regards the Other companies (customers) are in debt, have not made their payments Product prices have decreased in the market Some people are in debt, tenants are not able to pay anymore Talks about devaluation of the lat The customer's global inability to pay The lat is not a stable currency, and the current status of the lat is not advan The state policy e.3. filed for reorganization that is revaluing the value of the assets to refle e.3. filed for reorganization that is revaluing the value of the assets to refle e.3. filed for reorganization that is revaluing the value of the assets to refle e.3. filed for reorganization that is revaluing the value of the assets to refle e.3. filed for reorganization that is revaluing the value of the assets to refle Has the establishment filed for reorganization that is revaluing the value of the assets to reflect their actual market value, during the last 12 months? 211 15 -9 do not know (spontaneous) 1 yes 2 no Sysmiss e.4. filed for insolvency or bankruptcy during the last 12 months? e.4. filed for insolvency or bankruptcy during the last 12 months? e.4. filed for insolvency or bankruptcy during the last 12 months? e.4. filed for insolvency or bankruptcy during the last 12 months? e.4. filed for insolvency or bankruptcy during the last 12 months? Has the establishment filed for insolvency or bankruptcy during the last 12 months? 211 15 -9 do not know (spontaneous) 1 yes 2 no Sysmiss e.5. applied for direct state aid in the last 12 months? e.5. applied for direct state aid in the last 12 months? e.5. applied for direct state aid in the last 12 months? e.5. applied for direct state aid in the last 12 months? e.5. applied for direct state aid in the last 12 months? Has this establishment applied for direct state aid in the last 12 months? 211 15 -9 do not know (spontaneous) 1 yes 2 no Sysmiss e.6. total annual sales for fiscal year 2008? e.6. total annual sales for fiscal year 2008? e.6. total annual sales for fiscal year 2008? e.6. total annual sales for fiscal year 2008? e.6. total annual sales for fiscal year 2008? What were this establishment's total annual sales for fiscal year 2008? 226 -9 do not know (spontaneous) -8 refusal (spontaneous) 10000 12000 12500 18000 20000 24000 30000 32000 40000 48000 50000 60000 70000 90000 95000 100000 110000 120000 130000 140000 150000 153846 154000 155000 173000 200000 220000 250000 256459 270000 280000 296868 300000 320000 333333 350000 400000 433590 441000 452001 461538 470000 500000 540000 550000 560000 600000 640000 649000 676771 700000 710000 722222 750000 760000 800000 843000 850000 855000 872000 900000 909090 1000000 1100000 1118000 1200000 1300000 1352500 1373000 1400000 1500000 1628571 1700000 1712376 1750000 1900000 1940000 2000000 2105263 2136000 2200000 2300000 2437500 2500000 2600000 2700000 2800000 3000000 3200000 3500000 3800000 4000000 4125000 4500000 4800000 5000000 5440000 5555555 5800000 6000000 7000000 7100000 7500000 8000000 10000000 10200000 10500000 11000000 12000000 12500000 12700000 13000000 14000600 15000000 17648000 18000000 20000000 22000000 22900000 25000000 29926000 33000000 33333332 36000000 40000000 43000000 45000000 47200000 50000000 54000000 62000000 65000000 66000000 155555552 482000000 487804864 e7. sales for the fiscal year 2008 in comparison with with fiscal year 2007: e7. sales for the fiscal year 2008 in comparison with with fiscal year 2007: e7. sales for the fiscal year 2008 in comparison with with fiscal year 2007: e7. sales for the fiscal year 2008 in comparison with with fiscal year 2007: e7. sales for the fiscal year 2008 in comparison with with fiscal year 2007: If you compare this establishment's sales for the fiscal year 2008 with fiscal year 2007, how did they change? If answer is "Remained the same" or "Don't Know," TERMINATE 27 199 -9 do not know (spontaneous) 1 increased 2 remained the same 3 decreased Sysmiss e7b. increased by how much? - percent e7b. increased by how much? - percent e7b. increased by how much? - percent e7b. increased by how much? - percent e7b. increased by how much? - percent If you compare this establishment's sales for the fiscal year 2008 with fiscal year 2007, how did they change? Increased by how much? 11 215 -9 do not know (spontaneous) 5 10 15 20 30 50 Sysmiss e7c. increased by how much? - lcu e7c. increased by how much? - lcu e7c. increased by how much? - lcu e7c. increased by how much? - lcu e7c. increased by how much? - lcu If you compare this establishment's sales for the fiscal year 2008 with fiscal year 2007, how did they change? Increased by how much? 2 224 -9 do not know (spontaneous) Sysmiss e7d. decreased by how much? - percent e7d. decreased by how much? - percent e7d. decreased by how much? - percent e7d. decreased by how much? - percent e7d. decreased by how much? - percent If you compare this establishment's sales for the fiscal year 2008 with fiscal year 2007, how did they change? Decreased by how much? 9 217 -9 do not know (spontaneous) 15 20 23 40 50 Sysmiss e7e. decreased by how much? - lcu e7e. decreased by how much? - lcu e7e. decreased by how much? - lcu e7e. decreased by how much? - lcu e7e. decreased by how much? - lcu If you compare this establishment's sales for the fiscal year 2008 with fiscal year 2007, how did they change? Decreased by how much? 2 224 -9 do not know (spontaneous) Sysmiss a17x. interviewer comments (problems occurred or extraordinary circumstances whi a17x. interviewer comments (problems occurred or extraordinary circumstances whi a17x. interviewer comments (problems occurred or extraordinary circumstances whi a17x. interviewer comments (problems occurred or extraordinary circumstances whi a17x. interviewer comments (problems occurred or extraordinary circumstances whi INTERVIEWER COMMENTS: (Problems occurred or extraordinary circumstances which could influence results) 35 Accounting has been united for several individual departments Could not tell the numbers which are known only by accountants Debt commitment as a result of the manufacturing process in the amount of 100,00 Did have losses. It seems that d.4, d.6 are not clear Did not want to look for the data etc. In d.4 talks about overdraft, it seems that the respondent does not understand t It was hard to understand the question about financing of current assets (from b It was hard to understand what is the local market, direct and indirect export Not operating since January, however there is a hope that it will survive and th Operation depends on the support from the new local government. without it the c Other respondent starting from c.1, as Mâris Dolbâks could not answer (the situa Poor audibility Positive development if an agreement with Russia will be signed soon. If the dea Provides job for 40 prisoners, but the agreement has been entered into by the pr Seasonal job, sells coal, therefore income depends on the season Temporary employees - trainees, pupils, where there is co-financing The average decrease: 16 in wholesale, 40 in retail sector The company stopped manufacturing in December 2008, as it was impossible to sell The director answered willingly, but as regards the numbers she told that she do The last month was the month of repairs, and the currency fluctuations have infl There were questions where the respondent could not answer There were questions which could not be answered and to which the respondent did There were some questions where the respondent could not give answer, did not ha There were some questions where the respondent was unable to give an immediate a Two shops of different profiles: in one of them the turnover remains the same, w b.1 - 30% per quarter, monthly has not been evaluated, c.3a - there are no tempo b.1 - no changes in LVL, but the volumes have increased, as the price has decrea c.1 - it depends on the situation. Operates also as a lessor and sells on cash o c.1 - the company has 18 regular employees, however today they do not work full c.1a - the number of employees should be decreased not because of the financial d.5 - confidential information e.3 - currently is doing - I have marked "Yes". e.5 - applied for support but nobody gives it e.5 - applied for support from the state but did not receive it e.5 - applied for support from the state, however it did not work. Temporary emp a14d day a14d day a14d day a14d day a14d day INTERVIEW PROTOCOL Date of the interview 226 1 2 3 6 7 8 9 13 14 15 30 a14m month a14m month a14m month a14m month a14m month INTERVIEW PROTOCOL Date of the interview 226 6 7 a14y year a14y year a14y year a14y year a14y year INTERVIEW PROTOCOL Date of the interview 226 2009 a.21x - Position of the respondent a.21x - Position of the respondent a.21x - Position of the respondent a.21x - Position of the respondent a.21x - Position of the respondent INTERVIEW PROTOCOL 70 Accountant Chairman of the board Chief accountant Commercial director Director Executive director Financial director Manager of chemist’s Member of the board Member of the board - director Member of the board - owner Member of the board, Financial director One of the owners Owner Personel management director, member of the board Production director Technical director a.22 interviewee was the same person as in baseline survey? a.22 interviewee was the same person as in baseline survey? a.22 interviewee was the same person as in baseline survey? a.22 interviewee was the same person as in baseline survey? a.22 interviewee was the same person as in baseline survey? INTERVIEW PROTOCOL 226 1 yes 2 no a.23 gender of the respondent a.23 gender of the respondent a.23 gender of the respondent a.23 gender of the respondent a.23 gender of the respondent INTERVIEW PROTOCOL 226 1 male 2 female a.24 number of minutes the interview lasted a.24 number of minutes the interview lasted a.24 number of minutes the interview lasted a.24 number of minutes the interview lasted a.24 number of minutes the interview lasted INTERVIEW PROTOCOL 226 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 28 29 30 33 a.25 respondent cooperation a.25 respondent cooperation a.25 respondent cooperation a.25 respondent cooperation a.25 respondent cooperation INTERVIEW PROTOCOL 226 1 excellent 2 fair 3 average 4 bad Adjusted weights FC countries - round 1 Adjusted weights FC countries - round 1 Adjusted weights FC countries - round 1 Adjusted weights FC countries - round 1 Adjusted weights FC countries - round 1 226