The following data and conclusions were carried out by the analytics of the Ukrainian Union of Lessors aside with the State Committee for Financial Services Market Regulation. The study was done is the form of analysis of the official statistic data provided by the leasing companies.

The main results of the analysis are the following:

• In 2009 there has been an increase of the short-term contracts share (up to 2 years). However, the share of the long-term deals (5 to 10 years) grew as well.
• The main industries using the leasing services are transport, agriculture and building. These areas are also considered to be risky which is connected with the lowering demand and prices for the goods.
• The highest demand among the leased products throughout 2009 was attributed to transport (49,4% of the whole market), agricultural equipment (11,5%) and telecommunication tools (5,48%).
• The leasing operations were mainly financed by: the bank loans (41,82%), funds of the leasing companies (35,61%), the funds loaned from the legal entities (22,15%). As a matter of fact, there has been a shift from the bank loans to the legal entity loans, which is connected with the financial crisis.
• The amount of the deals made during the 2^nd quarter of 2009 grew 468 compared to the 1st quarter and equals to 1034 contracts. The financial amount of the deals equals to 573,2 mln. UAH.
• The total cost of the ongoing financial leasing deals by the end of the 2^nd quarter is evened to 28,6 bln. UAH, which is 8,7 bln. UAH less compared to the same period last year. All in all, there are 22038 acting financial leasing deals.

As the financial crisis goes on, and the financial resources are scarce (these are the main source of funding a leasing operation), the enterprises are insolvent, the investing projects are stopped, the rate of the leasing market growth is lowered. Nevertheless, among all the capital investments leasing share could possibly grow due to the limited amount of bank loans given to the public.

The term of financial leasing agreements on the end of the 2^nd quarter of 2009.

In the stated below Diagram, distributing of leasings agreements is rotined by their term . The middle term of financial leasing agreements of the most polled leasings companies made from two to five years inclusive. Compared to the 1st quarter part of agreements with the lease term from two to five years inclusive in a current period increased (+0,87%).

The financial leasing agreement after the industries of national economy

The analysis has shown that the transport industry, sphere of services, building, agriculture prevail in both of the analyzed periods (1st and 2^nd quarters of 2009).

The cost distribution of the leasing deals among the industries of the national economy shown as for the end of the 2^nd quarters 2008 and 2009. Transport is a definite leader; its share has grown significantly.

The cost distribution of the leasing deals among the leasing products given as for the end of the 2^nd quarters 2008 and 2009. The transport’s share - has gone up 16,38%.

The leasing objects divided into 4 funds groups.

Objects of the 2^nd and the 3rd group are the most popular (during the 2^nd quarter 2009 - 99,25% of the total volume or 4,418,490,54 UAH). These groups include transport, equipment, technique, machines. Since the real estate leasing operations are in the deep crisis, 1st group’s share equals to 0.

The cost distribution of the leasing for the 2^nd quarter of 2009 compared to the same period of 2008; divided into 4 main groups.

Sources of the leasing operations

The next diagram describes the structure of the sources of funding the leasing operations during the 2^nd quarter 2009 comaperd to the same period in 2008. The main source of financing the deals this year is the bank loans - 41,82%, the share of which has decreased significantly since the last year. The share of the funds of the leasing companies has increased 12,49% as well as the share of the loans from the legal entities - 16,14% up. 

It should also be mentioned that this year the first payment has grown as the financial crisis has started and the operations have become more risky.

The overall cost and quantity of the financial leasing agreements made during the analyzed period

The diagram below shows the quantity and cost of the financial leasing deals during the 2^nd quarters of 2008 and 2009. The quantity of the signed contacts in the analyzed period equals to 1034 deals and it has gone down 1613 deals compared to the same period 2008.

The cost equivalent evens to 0,57 bln. UAH, going down 2,55 bln. UAH. Such collapse can be connected with the worsened access to credit resources, the interest rates increase compared to the same period last year and the critical state of the economy. There is also existing evidence of the average leasing deal amount decrease.

The overall number of leasing agreements made during two quarters of 2009 equals to 1600.

The diagram below shows the cost and quantity of the leasing contracts signed during the 2^nd quarter 2009 compared to the same period last year.

The cost and number of the ongoing financial leasing deals

The cost of the ongoing financial leasing deals on the end of the 2^nd quarter 2009 equals to 28,6 bln. UAH, which is 8,7 bln. UAH less then it was at the same period last year.

The number of the running contracts has a positive dynamics: the overall increase of the quantity of the agreements is 3564 deals (22038 on the end of the 2^nd quarter 2009 compared to the same period last year.

The diagram below illustrates the number and cost of the ongoing contracts on the end of the 2^nd quarter 2009 compared to the same period last year.

The structure of the leasing payments

In the structure of the leasing agreements the main part belongs to the cost repayment of the leasing subject - 77, 86%. 14,99% accounts for the lessors’ interest. In connection with the increase of the investment financing risks in the analyzed year, the share of the leasing company’s reward increased.