The state-owned public joint-stock company “National Joint-Stock Company ”Ukragroleasing” will allocate 75% of its net profit for 2025 to dividend payments, the issuer reported in the NSSMC’s disclosure system, citing Order No. 811 of the State Property Fund of Ukraine (SPFU) No. 811 dated April 29, 2026.
According to the document, the total amount of annual dividends has been approved at UAH 1.58 million, which amounts to UAH 0.14 per share. The payment will be made directly to the shareholder (the state, represented by the SPFU) between April 30 and June 30, 2026. In accordance with the law, the company must transfer the funds to the budget no later than July 1.
At the same time, another provision of this order approved the reports on the remuneration of the company’s management and supervisory board for 2025.
Acting CEO Vitalii Ravliuk was awarded 1.12 million UAH in fixed compensation for the past year. His average monthly income was 93,320 UAH, which is 3.2 times higher than the company’s average salary (29,150 UAH). Deputy heads Roman Dzyuba and Ruslan Romanenko received 0.83 million UAH and 0.62 million UAH, respectively, which is 2.4 and 1.8 times higher than the average salary of regular employees.
The compensation for the four independent members of the supervisory board (Dmytro Oliinyk, Mykola Baranov, Serhiy Kabanets, Volodymyr Polishchuk) for the past year amounted to 0.88 million UAH—0.22 million UAH each. Shareholder representatives on the board did not receive any payments. During the year, there was a rotation within the board: the terms of Svitlana Pasichna and Viktoria Kozyreva were terminated, and Tetiana Mashchenko joined the board.
Management compensation was provided exclusively through base salaries, as bonuses and incentives were not awarded due to the absence of approved performance criteria (KPIs).
An analysis of the financial statements shows that total expenses for management and supervisory board compensation in 2025 amounted to 3.45 million UAH, which is 2.2 times the amount of dividends paid to the state. At the same time, the total payment to just three members of the management board (2.57 million UAH) was 1.6 times greater than the annual amount of dividends paid to the budget.
As reported, Ukragroleasing posted a net profit of UAH 2.11 million for 2025, which is 6% higher than the 2024 figure (UAH 1.99 million). Net sales revenue for the reporting period decreased by 12.9% to UAH 185.61 million. The company’s total assets at year-end increased by 3.1% to UAH 444.26 million; equity stood at UAH 409.52 million, with registered capital of UAH 1.17 billion.
UkrAgroLeasing was established in 1999; the company provides agricultural machinery and equipment under financial lease agreements. Since June 2018, 100% of the company’s shares have been in the process of privatization. According to YouControl, the holding company comprises 25 separate branches.
The state-owned joint-stock company “Ukragroleasing” (Kyiv), which is in the process of large-scale privatization, reported a net profit of UAH 2.11 million for 2025, compared to UAH 1.99 million in 2024, according to the National Securities and Stock Market Commission (NSSMC).
According to the issuer’s annual report, the financial plan for net profit was fulfilled at 107.3%. Net revenue from sales of products (goods, works, services) for the reporting period decreased by 12.9% compared to 2024—to UAH 185.61 million. Net profit per common share for the year amounted to UAH 0.18, compared to UAH 0.17 a year earlier.
The report notes that the company’s operations in 2025 took place amid challenging conditions in the financial services market, driven by macroeconomic instability, inflationary pressures, and the effects of martial law. Ukragroleasing’s financial results were affected by limited opportunities to increase revenue from interest and commissions amid fluctuations in bank rates. Martial law conditions also led to a deterioration in the financial condition of enterprises and a decline in their purchasing power.
The company is implementing a set of measures to strengthen financial stability. In particular, in agreement with the Ministry of Economy, Environment, and Agriculture and the State Property Fund of Ukraine, revenue from property rentals was increased: in 2025, it grew 2.3 times compared to the planned figures—to UAH 8.08 million against a plan of UAH 3.51 million.
The value of Ukragroleasing’s assets as of the end of 2025 increased by 3.1%—to UAH 444.26 million compared to UAH 430.7 million at the beginning of the year. The company’s non-current assets increased by 4.5% over the year, from UAH 223.04 million to UAH 233.02 million, while current assets rose by 1.3%, from UAH 207.66 million to UAH 210.36 million. The company’s equity as of December 31, 2025, increased by 0.1% to UAH 409.52 million, compared to UAH 408.96 million a year earlier, with registered capital remaining unchanged at UAH 1.17 billion.
The company’s current liabilities increased by 46.8% during 2025—from UAH 21.74 million to UAH 31.92 million—and long-term liabilities of UAH 2.82 million appeared, which were absent a year earlier.
The report notes that “Ukragroleasing” continues to operate without drawing funds from the state budget. In 2024, the company joined the government program “Affordable Financial Leasing 5-7-9,” under which it transferred equipment worth UAH 73.83 million to farmers in 2025.
As reported, the State Property Fund of Ukraine (SPFU), which acts as the sole general meeting of NAK “Ukragroleasing,” required the company to allocate 80% of its profit to dividend payments based on the results of its financial and operational activities in 2024. The total amount of annual dividends for 2024 was approved at UAH 1.59 million.
“Ukragroleasing” was founded in 1999. It provides financial leasing of agricultural machinery and equipment at 7% per annum for a term of five to seven years. The NJSC comprises maintenance enterprises, logistics and supply units, and machine and technical stations.
The sole owner of the company is the state, represented by the State Property Fund of Ukraine (SPFU). The company has 25 separate branches. By Order of the SPFU No. 775 dated June 8, 2018, a decision was made to privatize 100% of the company’s shares.
The State Property Fund of Ukraine (SPFU), which solely performs the function of the general meeting of NJSC “Ukragroleasing”, obliged the company to distribute profits based on the results of financial and economic activities in 2024 and allocated 80% to pay dividends, as well as approved the total amount of annual dividends in the amount of UAH 1,592,192.
According to a publication in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the SPFU ordered NJSC “Ukragroleasing” to pay annual dividends to the state budget within the statutory period, i.e. no later than July 1, 2025.
As of June 19, Ukragroleasing has already paid the first part of the annual dividend in the amount of UAH 592.19 thousand, and plans to transfer the balance of the annual dividend in the amount of UAH 1 million by June 30, 2025.
Ukragroleasing was founded in 1999. It is engaged in financial leasing of agricultural machinery and equipment for agriculture at 7% of annual unadvertised prices for equipment for five to seven years. The NAC includes maintenance, logistics, and machine repair stations.
According to the Opendatabot service, in 2024, Ukragroleasing increased its revenue by 38% to UAH 213.17 million, net profit by 4.3 times to UAH 5.228 million, assets by 15.9% to UAH 430.69 million, and liabilities by 2.8 times to UAH 21.7 million. The company currently employs 165 people. The authorized capital is UAH 1.17 billion.
