434. Regulation of the Federal Minister of Finance on the preparation of the opening balance sheet (opening balance sheet regulation)

Pursuant to Section 121 (8) of the Federal Budget Act 2013, BGBl. I n ° 139/2009, as last amended by BGBl. I No 67/2010, shall be arranged:

table of contents

Type/Clause	Object/Label
Section 1 General provisions
§ 1.	Subject matter and scope
§ 2.	Application of the Financial Reporting Ordinance 2013, referrals and empowerment
Section 2 Assessment of property, plant and equipment, intangible assets, cultural goods, land and buildings
§ 3.	Tangible assets and intangible assets
§ 4.	Land
§ 5.	Property grid procedures
§ 6.	Buildings
§ 7.	Cultural goods
Section 3 Valuation of other assets
§ 8.	Cash and cash
§ 9.	Requirements
§ 10.	Short-term and long-term claims and other assets
§ 11.	Evaluation of receivals
§ 12.	Stocks
§ 13.	Participations
§ 14.	Economic ownership
Section 4 Valuation of liabilities
§ 15.	Valuation of liabilities
Section 5 Invoice Demarcation
§ 16.	Invoice Demarcation
6. Assessment of provisions
§ 17.	General provisions on provisions
§ 18.	Process Cost Return
§ 19.	Provisions for removals and jubilee allowances
§ 20.	Provisions for detention
§ 21.	Provisions for the remediation of contaminated sites
Section 7 Net assets, federal arrears and future pension expenses of the federal government
§ 22.	Net assets
§ 23.	Federal arrests
§ 24.	Presentation of future pension expenses
8. Section Valuation of active financial instruments, financial debt and currency exchange contracts
§ 25.	Active Financial Instruments
§ 26.	Financial debt and currency exchange contracts
§ 27.	Transfer of data for the settlement of active financial instruments, financial debt, currency exchange contracts and other derivative financial instruments
§ 28.	Value of a financial instrument held to maturity
§ 29.	Fair value of a financial instrument available for sale
§ 30.	Value of a currency exchange contract
§ 31.	Value of foreign currency
Section 9 Acquisition of the data of the previous financial statements
§ 32.	Transfer of data and balances of payments
§ 33.	Transfer of data and balances of receivables and liabilities
§ 34.	Acquisition of data of the asset accounting
Section 10 Consolidation
§ 35.	Consolidation
11. entry into force
§ 36.	entry into force

Section 1

General provisions

Subject matter and scope

§ 1. (1) The provisions of this Regulation are the provisions for the first-time creation of the financial statement (hereinafter referred to as the opening balance sheet) within the meaning of Section 22 of the Federal Act on the Management of the Federal Budget (Federal Budget Act) 2013-BHG 2013), BGBl. I n ° 139/2009, as last amended by BGBl. I No 67/2010. For the following financial statements, the applicable federal budget legislation is to be applied.

(2) The opening balance sheet regulation contains more detailed provisions for the evaluation of

1.		property, intangible assets, land, buildings and cultural goods (2). Section),
2.		other assets (3. Section),
3.		Liabilities (4. Section),
4.		Provisions (6. Section),
5.		active financial instruments, financial debt and currency exchange contracts (8. Section).
Other provisions concern accounting (5). Section), net assets, federal arrears and future pension expenses of the federal government (7. Section), taking over the data of the previous household accounts (9. Section) as well as consolidation (10. Section).

(3) Each budgetary institution in accordance with Section 6 (1) of the BHG 2013 shall have an opening balance sheet in accordance with the provisions of this Regulation as of the date of 31 March 2013 for the respective breakdown (s) of its scope of effect 1. In particular, the assessments referred to in paragraph 2 shall be drawn up in accordance with the provisions of this Regulation.

(4) Each budgetary management body shall record the opening balance sheet on the active and passive accounts of the balance sheet in accordance with the Contenplan Regulation 2013, for each preliminary stop (VA-digit) in accordance with § 26 BHG 2013.

(5) The Federal Minister of Finance or the Federal Minister of Finance shall draw up a consolidated opening balance sheet for the general budget of the Federal Republic of Germany. The consolidated opening balance sheet of the Federal Government includes all the pre-stop positions (VA positions). The opening balance sheet of each breakdown may be presented in a separate annex to the opening balance sheet.

Application of the Financial Reporting Ordinance 2013, referrals and empowerment

§ 2. (1) The Financial Reporting Ordinance 2013 (RLV 2013) shall apply to the breakdown of the financial statement, unless otherwise specified in the opening balance sheet regulation. For the opening balance sheet, the information referred to in § § 14 to 21, 25, 27, 28 and 30 RLV 2013 shall be provided as long as the date of the closing date is 1. January 2013 shall be indicated in the Annex.

(2) Where reference is made in this Regulation to provisions of the BHG 2013 or to other legislation, these are to be applied in their respectively applicable version.

(3) The Federal Minister of Finance or the Federal Minister for Finance is authorized to adopt guidelines for the clarification of this Regulation.

Section 2

Assessment of property, plant and equipment, intangible assets, cultural goods, land and buildings

Tangible assets and intangible assets

§ 3. (1) tangible assets comprise material items which are expected to be used for longer than one financial year.

(2) Intangible assets shall be understood to be identifiable non-monetary assets without physical substance. These are only to be recorded in the opening balance sheet when they have been purchased. Self-proclaimed intangible assets must not be applied.

(3) For the preparation of the opening balance sheet, the budget-leading bodies in accordance with § 7 paragraph 1 BHG 2013 have to complete the plant directories completely. If the information referred to in § 34 for intangible assets and property, plant and equipment purchased or manufactured before the date of entry into force of this Regulation is not fully available in the installation lists, they shall in any case be retrospected. , if this is feasible with a proportionate administrative burden. In any event, this shall be presumed if intangible assets or property, plant and equipment are at the cost of acquisition or production of

1.		more than 10,000 euros, or
2.		if it has a value of more than EUR 1000 after 31 December 2007

or have been produced.

(4) The initial cost of acquisition and production shall be understood to mean the initial cost of acquisition and production which has been reduced by the linear depreciation amount, which is based on the use-time table of property, plant and equipment; and intangible assets, which are obtained by decree, GZ. BMF-111500/0016-V/3/2010, the Federal Minister of Finance has been identified.

(5) In the opening balance sheet, property, plant and equipment shall be recorded in respect of the continuing acquisition or production costs and intangible assets at the cost of the continuing acquisition costs.

(6) If the property, plant and equipment are already fully written off, they shall be included in the installation lists and shall be set at zero.

(7) It is necessary to consider whether a substantial impairment of the asset value beyond the linear depreciation may be available. If this is the case, the asset shall be valued at the recoverable amount. The recoverable amount shall be the higher of the following two amounts:

1.		the fair value,
2.		the utility value resulting from the discounted future inflows of liquid assets from that asset.

(8) In the case of purchases of buildings, installations or other investments, deposits are to be dismissed separately from the property, plant and equipment as a deposit.

(9) tangible and intangible assets are to be presented in the Annex to the opening balance sheet at a plant level, which shall at least provide information on the continuing acquisition or production costs on the date of the 1 January deadline. Jänner 2013.

(10) Heeresanlagen may be subject to the provisions relating to the valuation of property, plant and equipment (para. 1 to 9). Where the opening balance sheet is used for military installations, the respective continuing acquisition and production costs shall be used in accordance with the normal service life for armies.

Land

§ 4. (1) The information given on the 1. Jänner 2013 on Austrian territory is to be found in the land register or the cadastre for the evaluation of the land. If, in fact, a use other than the use indicated in the land register or cadastre is given and clearly documented, this shall be taken into account by the budgetary management body in the evaluation.

(2) Land situated on the territory of the Austrian State

1.		with the acquisition costs, or
2.		with the value-added in existing opinions or
3.		with the grid method (§ 5)
shall be assessed.
For each piece of land, the method is to be applied which is best suited for the particular case and which results in the most reliable evaluation result. The assessed areas shall be classified according to objective criteria of the first-level detailed budget and, if set up, second level.

(3) Land not located on Austrian territory

1.		with the acquisition costs, or
2.		with the value-added in existing opinions or
3.		by means of other evidence such as current average travel assessments

shall be assessed.

It is necessary to use the method which is best suited for the particular case and which results in the most reliable evaluation result. The assessed areas shall be classified according to objective criteria of the first-level detailed budget and, if set up, second level.

(4) Rights that constitute provisions in accordance with Section 76 (1) (2) and (3) of the BHG 2013 on land and property and influence on the value of the property shall be taken into account in the evaluation.

Property grid procedures

§ 5. (1) The grid procedure in accordance with § 4 (2) Z 3 shall be carried out in accordance with uniform principles for the federal government. The location, size and use of the property as well as the use of the property shall be taken into consideration.

(2) The plots shall be divided into the use of the land for valuation in use and, if necessary, uses from the cadastre. Where, in fact, a use other than the use indicated in the land register and cadastre is given and clearly documented, this shall be taken into account by the budgetary management body for the evaluation.

(3) The following basic prices, calculated from the weighted average price of the land transactions actually carried out for each of the Katastral congregation, shall be subject to the assessment of the following:

1.		Base price for Bauflächen and
2.		Basic price for agricultural land.

(4) For the calculation of the basic prices referred to in paragraph 3, the following rules shall be applicable:

1.		Atypical transactions from donations and transfers at abnormally low or high prices must not be taken into account.
2.		If there are no typical transactions in a catastral community, the average prices of the political community or the court district are to be used.

(5) The areas shall be assessed at the basic prices for the respective situation as follows:

1.		Land at base prices for construction,
2.		Agricultural land at basic prices for farmland,
3.		Garden to 80 vH. of the basic price for the construction of a construction site,
4.		Wine garden at 200 vH. the basic price for farmland,
5.		Alpe to 20 vH. the basic price for farmland,
6.		Forest to 50 vH. the basic price for farmland,
7.		Waters of 50 vH. the basic price for farmland,
8.		Other types of use at 20 vH. of the base price for Bauflächen with the exception of Ödland, Fels-and Geröllly and glaciers at 10 vH. the basic price for agricultural land,
9.		Areas with military use to 50 vH. of the basic price, depending on the approach of Z 1 to 8.

Buildings

§ 6. (1) Buildings located on Austrian territory shall be evaluated as follows:

1.		Where opinions are available on buildings, they may be assessed on the basis of the value-added values specified therein. It is also possible to use values from expert opinions of similar building types.
2.		Where the cost of acquisition or production is known, buildings can then be assessed and included in the opening balance sheet with the respective updated purchase or production costs.
3.		Cannot be given opinions in accordance with Z 1 shall be used for valuation or production costs in accordance with. Z 2, then for buildings one of the following values shall be added:
a)			The sum of the individually attributable updated maintenance and repair expenses incurred in a period of up to 40 years prior to the evaluation date. If this is not possible, the buildings are average values from the maintenance and repair costs of similar building types per m² or m 3 to the opening balance sheet.
b)			Average values of acquisition or production costs of buildings with similar functionality that have been purchased or manufactured in a period of up to 40 years prior to the evaluation date.
For each building, the procedure is the most appropriate for the case in question and the most reliable evaluation result.

(2) For the evaluation of buildings which are not located on Austrian territory, use shall be made of:

1.		Value information in existing opinions or
2.		continued acquisition or production costs, or
3.		other evidence such as, for example, contemporary average travel placements or
4.		continuing maintenance and repair costs, which can be individually calculated. As such, only those expenses incurred in a period of 40 years prior to the evaluation date shall apply. If this is not possible, average values from the maintenance and repair costs of similar building types per useful area in m² are to be calculated for buildings.
It is necessary to use the method which is best suited for the particular case and which results in the most reliable evaluation result.

(3) Rights that constitute provisions in accordance with Section 76 (1) (2) and (3) of the BHG 2013 in buildings and influence the value of the building shall be taken into consideration in the context of the evaluation.

Cultural goods

§ 7. (1) Cultural assets are assets that have a cultural, historical, artistic, scientific, technological, geophysical, environmental or environmental quality, and in which, by the Federation, this quality is for the benefit of the knowledge and the culture will be preserved.

(2) Cultural goods in accordance with § 91 (2) of the Federal HG 2013 are to be assessed at the respective cost of acquisition or production, provided that these can be determined from reliable documents, or the value-added in available opinions. If such an assessment is not possible, the corresponding cultural goods shall be recorded in the asset accounting (Section 98 (3) (1) of the BHG 2013) without any value.

(3) If the buildings are in accordance with the definition in accordance with paragraph 1, they shall be assessed in accordance with § 6.

(4) A linear depreciation shall not be carried out in the case of movable and historical cultural objects.

(5) Cultural assets shall be included in the Annex to the opening balance sheet.

Section 3

Valuation of other assets

Cash and cash

§ 8. (1) Liquide means are to be valued at the nominal value.

(2) amounts in foreign currency are to be converted into the reference rate of the European Central Bank (ECB) (§ 31). If this is not available, amounts in foreign currency are to be converted to the respective national lower exchange rate.

Requirements

§ 9. (1) All business cases which justify the financial claims of the Federal Government for the receipt of cash benefits shall be recorded in the opening balance sheet as exposures.

(2) Claims shall be broken down into an exposure mirror in the Annex to the opening balance sheet in accordance with its maturity. In the case of long-term receivings, the part to be paid within the financial year 2013 is to be expunged as short-term.

Short-term and long-term claims and other assets

§ 10. (1) Short-term claims, these are claims with a maturity of up to 12 months, and other assets are to be rejected and evaluated at their nominal value.

(2) Claims with a maturity of more than 12 months shall be deemed to be long-term receivings. In accordance with § 80 (1) of the Regulation on the implementation of the Federal Budget Act (Bundeshousehold Ordinance 2013-BHV 2013), BGBl, long-term, non-interest-bearing claims of more than EUR 10,000 are required. II No 266/2010, on the present value of cash.

Evaluation of receivals

§ 11. (1) If claims are doubtful, they must be recorded in the opening balance sheet, if their introduction (§ § 73 or 74 BHG 2013) is uncertain or impossible to make. If the collection of a request is terminated by the Office pursuant to Section 73 (4) of the BHG 2013 or is waived in accordance with § 74 BHG 2013, the full amount of the claim shall be included in the opening balance sheet. Claims shall be issued in the light of any VAT repayment claims if the inconvenience is finally established.

(2) simplified procedures for the group-by-group single-value adjustment are permissible if they are appropriate.

Stocks

§ 12. (1) In accordance with Section 18 of the Ordinance on the Administration of Federal Assets (Bundesasset Management Ordinance-BVV), the following assets are to be set up as inventories:

1.		building materials,
2.		Raw materials,
3.		Operating materials,
4.		Excipients,
5.		finished products,
6.		unfinished products,
7.		objects intended for distribution purposes,
8.		trade goods,
9.		spare parts,
10.		food or
11.		Feed.

(2) Self-employed inventories shall be set at the cost of production if the value of such stocks exceeds EUR 5 000 per storage position. Inventories are to be valued at cost of acquisition or production if the value exceeds EUR 5 000 per storage position. Inventories and self-appointed inventories are to be evaluated with the lower value from the following two values:

1.		Value of the original purchase or manufacturing costs,
2.		Replacement value.

(3) Any stocks which have not previously been recorded in a inventories must not be recorded.

(4) Track-like inventories are to be evaluated in a group according to the first-in-first-out procedure (FIFO).

Participations

§ 13. (1) Participation shall be understood to mean the share of the federal government in another company or a body managed by federal institutions with its own legal personality.

(2) Participation shall be assessed with the share of the Federal Government in the estimated net assets of the subsidiary. For the evaluation, the individual financial statements of the financial year 2012 shall be used for the participation of associated and associated companies and any other participation, provided that it is available at the time of preparation of the opening balance sheet. If it is not yet available, the individual financial statements of the financial year 2011 shall be used.

(3) Shareholdings in affiliated and associated companies and other participations shall be disclosed separately.

(4) A "affiliated undertaking" shall be a proportion of more than 50 vH. in the company's own capital (net assets). In addition, a "affiliated company" is present when the federal government has control or control over a company. The "control of an affiliated undertaking" shall then be accepted in the case where the Federal Government has the opportunity to determine the financial policy and the operational activities of this undertaking. In this case, the companies are to be referred to as "participations in affiliated companies" in the opening balance sheet.

(5) An "associated company" shall be a share of more than 20 vH. and up to 50 vH. in the company's own capital (net assets). If the federal government has a significant influence on a company, then the shares in the company are to be shown as "participation in associated companies" in the opening balance sheet. A "decisive influence" shall be assumed if the Federal Government has the opportunity to participate in the financial policy and the operational activities of the Company and to participate in the determination without the existence of a control or control.

(6) below the investment limit of 20 vH. the share of the company's own capital (net assets) shall be deemed to be "other participation". If the relevant influence on the company associated with it ends, then the participation of the company must be shown as "other participation".

(7) Bodies administered by federal institutions with their own legal personality or the companies governed by public law and under the supervision of the federal government are governed by public law, except for the social security institutions. on the estimated net assets. Universities according to the University Act 2002 (UG 2002), BGBl. I n ° 120/2002, are to be recorded with the net assets in the opening balance sheet as 'net assets universities'.

(8) The main investment companies, grouped by associated and associated companies, as well as other holdings, as well as the universities in accordance with. (7) are to be presented in the Annex to the opening balance sheet in an investment mirror (Annex of the RLV 2013), which has at least the following information to be included:

1.		the ownership share of the federal government,
2.		the voting rights of the federal government,
3.		the total equity of the respective holding,
4.		the share of own resources at the deadline of 1. Jänner 2013.

Economic ownership

§ 14. (1) The Federal Government shall include assets in the opening balance sheet even if it is only the beneficial owner.

(2) An economic property exists if the Federation, without being an owner of a civil law, is economically the same as an owner of a cause, in particular by having it, using it, holding the power over it and taking the risk of their loss or destruction.

Section 4

Valuation of liabilities

Valuation of liabilities

§ 15. (1) As liabilities are to be recorded business cases, the obligations of the Federal Government for the provision of cash benefits are justified. Liabilities are to be recorded in the opening balance sheet, if the amount and maturity of the debt are to be determined.

(2) Liabilities shall be assessed in respect of their payment amount.

(3) The liabilities to be shown in the liability mirror (RLV 2013 liabilities) shall be broken down in accordance with their maturity in the Annex to the opening balance sheet. In the case of long-term liabilities, the part to be repaid within the next year is to be shown as short-term.

Section 5

Invoice Demarcation

Invoice Demarcation

§ 16. For the preparation of the opening balance sheet, a time limit of the expenses and income in accordance with § 40 (1) and (5) BHV 2013 is to be made on 31 December 2012 for substantial amounts. These deletions must be based on the active and passive stock accounts provided for in the 2013 Contenplan Regulation.

6.

Assessment of provisions

General provisions on provisions

§ 17. (1) Repositions must be recorded in the opening balance sheet in accordance with § § 17 to 21 and shall be indicated in the notes to the opening balance sheet in a rearview mirror (Annex of the RLV 2013 provisions), the information on the status of the provisions on the 1. Jänner 2013.

(2) In any case, the short-term provisions to be assessed on the basis of the estimated amount of payment shall include:

1.		the provisions for process costs (§ 18) and
2.		Provisions for outstanding invoices, if their value is at least 50,000 euros in total.

(3) In any case, the long-term provisions to be assessed at the present value shall include:

1.		Provisions for removals and jubilee grants (§ 19),
2.		Provisions for liabilities (§ 20) and
3.		Provisions for the refurbishment of contaminated sites (§ 21)
4.		other long-term provisions if their value is at least 100,000 euros each.

(4) Short-term provisions should be established for the holiday claims, which are not consumed by federal staff on 31 December 2012 and are not consumed until this date (provisions for unconsumed vacations).

(5) A long-term provision should be made for the time credits for the teaching staff of the Federal Government and the Länder (provisions for temporary credit staff).

(6) In the event that the Federal Government is waiting for a refunded obligation to be reimbursed to another third party or to another third party, it shall be deemed to be a claim. The amount of the claim shall not exceed the amount of the reserve, plus amounts already paid for it.

Process Cost Return

§ 18. (1) Repositions for process costs shall be recorded in the opening balance sheet, if:

1.		its height can be determined reliably,
2.		they are or are likely to be the subject of a legal dispute and
3.		with a claim of greater probability must be expected.

(2) The legal disputes referred to in paragraph 1 Z 2 shall be regarded as:

1.		Legal disputes in complete, unions-, civil-and public-law, in which the Federal Government acts as a plaintiffs or deplorable or other party to the proceedings,
2.		announcements made by third parties that a matter of fact is likely to be the subject of a lawsuit, or
3.		Cases where the head or head of a budgetary authority is of the opinion that a case is likely to be the subject of a dispute.

(3) The assessment of the provisions for process costs shall include all known circumstances and risks which are likely to be slaughtable. In particular, these are:

1.		the estimated amount of payment,
2.		threat of interest, and
3.		Court fees according to the court fee law, BGBl. No. 501/1984, in accordance with the Administrative Court Act 1985, Federal Law Gazette No. 10/1985, costs of legal assistance including the threat of cost-acceptance obligations of the legal councor of the counterparty and other costs of defamation of foreign claims.

Provisions for removals and jubilee allowances

§ 19. (1) The determination of provisions for removals and anniversaries in the opening balance sheet has to be carried out by means of the staff statement in accordance with § 98 (3) (4) of the BHG 2013.

(2) The provisions for removals and jubilee allowances shall be at the date of 1 January 2013. January 2013 according to the Anwartschaftsbarwertverfahren (Anwartschaftsbarwertverfahren). In this case, the amount of the claims shall be determined at the time of the expected claim. This amount is then to be distributed on the basis of financial mathematically (service time shares).

(3) For the calculations, the staff level is to be used on 31 December 2012. Whereas it is necessary to distinguish between categories of staff for which:

1.		no claim,
2.		a complete claim and
3.		is a restricted claim.

(4) The basis for the determination according to paragraph 2 is the monthly fee within the meaning of Section 8a of the Contract Order Act 1984 (VBG), BGBl. No. 86/1984, plus children's allowance or the monthly reference in accordance with § 3 of the salary act 1956 (GehG), BGBl. No. 54/1956.

(5) The necessary data shall be based on the application of staff accounts by 31 December 2012 at the latest for each staff member and each staff member for the preparation of this opening balance sheet:

1.		the date of birth,
2.		the date of entry,
3.		the date of the anniversary and the date of filing,
4.		the sum of the monthly fees or monthly payments in accordance with paragraph 4 for the financial year 2012 at the time of the investigation,
5.		the nature of the service, and
6.		gender.

Provisions for detention

§ 20. (1) In the case of federal arrests in accordance with § 82 of the Federal Law of the Federal Republic of Germany (BHG 2013), where recourse is at least most likely to be accepted, provisions shall be recorded. Provisions shall be

1.		for individual ports or
2.		for similar liabilities grouped according to specific risk groups

in the EU.

(2) The determination of the provisions referred to in paragraph 1 Z 1 shall be carried out on the basis of a risk assessment of the respective liability.

(3) Risk groups according to paragraph 1 (2) are likely to be likely to assume a predominant probability if the federal government has been used frequently, regularly and over a longer period of time. The determination of the provisions for risk groups shall be carried out on the basis of the experience gained in the last five financial years.

Provisions for the remediation of contaminated sites

§ 21. (1) provisions for the remediation of contaminated sites shall be provided for:

1.		the properties of the federal government allocated to the detailed budgets, and
2.		Properties in which the Federal Government has to take over the disposal of the waste in the event of a lack of objectivity in the case of private owners or owners.

(2) The recording in the opening balance shall be carried out, provided that a claim has to be reckoned with most likely.

(3) recourse to regressive claims shall be taken into account only if they are legally enforceable and applicable. The personnel costs or the use of other own resources shall not be included in the evaluation.

Section 7

Net assets, federal arrears and future pension expenses of the federal government

Net assets

§ 22. The balance from the sum of the assets activated minus the sum of the passivated foreign funds is the balance from the opening balance sheet on the cut-off date 1. January 2013 shall be shown below the net assets.

Federal arrests

§ 23. (1) Federal arrests according to § 82 BHG 2013, which have been adopted by the Federal Minister of Finance or the Federal Minister of Finance on the basis of statutory appropriations, are in the annex to the opening balance sheet with the necessary measures according to RLV 2013 Details and according to the breakdown of the RLV 2013 (see annexes).

(2) Eventual liabilities are to be determined from the inherited liabilities and shall be presented in the notes to the opening balance sheet. A possible obligation is to be regarded as a possible obligation, the existence of which must only be confirmed by the occurrence or non-occurrence of one or more uncertain future events. Contingent liability may be a current obligation of past events in which an outflow of economic benefits is not likely or the amount of the obligation is not sufficiently reliable. can be estimated. Possible liabilities are to be determined from:

1.		the state of the federal arrests for 1. Jänner 2013,
2.		minus the provisions for harboings.

Presentation of future pension expenses

§ 24. (1) The Federal Minister of Finance or the Federal Minister of Finance has the disbursements and deposits for pension benefits which the Federal Government has to bear in absolute amounts as well as proportionally to the respective gross domestic product (GDP) for the preceding financial year and estimated for the current financial year and for the next 30 financial years.

(2) In addition, the disbursements and deposits of the total pension insurance institutions for the previous financial year and estimated for the current financial year and for the next 30 financial years shall be presented. The calculation methods, assumptions and data sources are to be explained.

(3) The Federal Government's contribution to the statutory pension insurance institutions shall be presented for the previous financial year and estimated for the current financial year and for the next 30 financial years.

8. Section

Valuation of active financial instruments, financial debt and currency exchange contracts

Active Financial Instruments

§ 25. (1) An active financial instrument shall be understood to mean a contract which shall:

1.		at the federal level, to a financial asset and
2.		in the case of a third party or a third party, to a financial liability or to an equity instrument
.

(2) In the opening balance sheet, active financial instruments shall clearly be assigned to one of the following three categories:

1.		financial instruments held to the end of maturity, or
2.		financial instruments available for sale or
3.		Securities of the Republic of Austria.

(3) In the category "financial instruments held to maturity", all active financial instruments with fixed or determinable payments and a fixed term for which the Confederation actually intends and beyond that are the ability to shall classify them as far as their final maturity, provided that they have not been allocated in the case of access to the category "available for sale". These financial instruments shall be included in the opening balance sheet at the cost of acquisition, or less the difference between the cost of acquisition and the amount to which the financial instrument will be fulfilled at the end of the 31 December 2012 period , can be recorded. The acquisition costs include funds (Agio) and monies (Disagio). A creditworthiness adjustment shall be recorded in the opening balance sheet when the ability of a debtor or debtor to comply with his or her payment obligations is adversely affected.

(4) The category "financial instruments available for sale" shall classify all active financial instruments which have been identified as such in their initial recognition. These financial instruments shall be recorded in the opening balance sheet at fair value.

(5) In the category "securities of the Republic of Austria", all transferable securities acquired by the Republic of Austria must be classified and assessed with the nominal value.

Financial debt and currency exchange contracts

§ 26. (1) Financial debt in accordance with § 78 BHG 2013 and currency exchange agreements according to § § 79ff BHG, shall be recorded in the opening balance sheet. § 16 RLV 2013 shall apply analogously to the information to be drawn up in the Annex to the opening balance sheet.

(2) Financial debt shall be valued at the nominal value.

(3) The financial debt recorded in foreign currency and the associated currency exchange agreements shall be converted into the reference course of the ECB on the date of 31 December 2012 (§ 31).

(4) Debates from interest shall be payable in proportion to the financial years before the 1. January 2013 shall be included in the opening balance sheet and shall be assessed on the basis of the payment amount.

(5) Deposits (Agio) and funds (Disagio) shall be distributed over the maturity of the financial debt or the currency exchange contract. The share of the Agio or Disagio, which refers to the period after the end of 31 December 2012, shall be shown in the opening balance sheet on the active and passive stock accounts as provided for in the Contenplan Regulation 2013.

(6) In the case of currency exchange contracts, hedging transactions are to be understood by the Federal Government with a contract partner or a contractual partner in which the Federal Government and the contract partner undertake to enter into force at certain points in time. to exchange certain amounts.

(7) receivables arising from currency exchange contracts shall be valued at the nominal value and liabilities arising from currency exchange contracts for the repayment amount.

(8) In the opening balance sheet shall be secured for claims by the Federal Government in accordance with. § 34 para. 1 Z 19 BHG 2013 under the short-term liabilities and to assess the amount of payment.

(9) Other derivative financial instruments shall be assessed at fair value.

Transfer of data for the settlement of active financial instruments, financial debt, currency exchange contracts and other derivative financial instruments

§ 27. The active financial instruments, financial debt, currency exchange contracts and other financial derivative financial instruments held on 31 December 2012 shall be included in the household accounting systems with at least the following content from the 1. Jänner 2013:

1.		the name of the financial instruments,
2.		Classification in
a)			financial instruments which are active to maturity,
b)			active financial instruments available for sale,
c)			securities of the Republic of Austria,
d)			financial debt,
e)			claims arising from currency exchange contracts,
f)			Liabilities arising from currency exchange contracts and
g)			other derivative financial instruments,
3.		Date of purchase (start of maturity),
4.		Fulfillment Day (Tilgungstermin),
5.		Coupon Date,
6.		nominal amount,
7.		Deposits in the event of a financial debt,
8.		the acquisition cost of active financial instruments,
9.		Dates for partial tilts,
10.		Amounts of part-tilts and
11.		Commissions and expenses of a financial instrument.

Value of a financial instrument held to maturity

§ 28. (1) The proportional difference between acquisition costs and the amount to which the financial instrument can be fulfilled is to be determined in the application financial debt according to § 98 para. 3 Z 6 BHG 2013 in the following manner:

1.		It shall be determined from the difference between the day of performance and the date of acquisition the term in days.
2.		It shall be determined from the difference between 31 December 2012 and the day of acquisition the pro rata period in days.
3.		The cost of the nomination must be deducted from the nominal amount and be divided by the term in days after Z 1.
4.		It is the daily difference according to Z 3 to multiply by the pro-rata running time after Z 2.

(2) The value of the financial instrument results from the acquisition costs plus the proportional difference according to paragraph 1 Z 4.

(3) The value determined in accordance with paragraph 2 shall be applied to financial instruments which are short-term and long-term to maturity.

Fair value of a financial instrument available for sale

§ 29. (1) The fair value of a "financial instrument available for sale" has the closing price of December 31, 2012, on the Vienna Stock Exchange, or if it is not available, the XETRA closing price, or if it is not available. is not available to correspond to the closing price of an at least comparable trading platform or a market quotient.

(2) The fair value determined in accordance with paragraph 1 shall apply to short-term and long-term financial instruments available for sale.

Value of a currency exchange contract

§ 30. (1) A currency exchange contract shall be divided into a claim and a liability. In each case, it shall be clearly specified in which currency these exposures and in what currency these liabilities exist.

(2) receivables and liabilities arising from currency exchange contracts shall be in accordance with. § 26 (7).

Value of foreign currency

§ 31. If a value is denominated in foreign currency, the latter shall be converted into euro at the end of 31 December 2012 at the reference rate of the European Central Bank (ECB reference rate).

Section 9

Acquisition of the data of the previous financial statements

Transfer of data and balances of payments

§ 32. (1) The adoption of the data and balances of payment transactions shall include:

1.		the master data: banks-directory and bank connections of the federal government as well as
2.		the final balances of bank accounts of account classes 2 and 9, with the end of 31 December 2012.

(2) All balances as referred to in paragraph 1 (2) have to be in accordance with the bank excerctions as at 31 December 2012 and must be documented.

Transfer of data and balances of receivables and liabilities

§ 33. (1) The balances of the following applications shall in each case be taken over as short-term or long-term receivables and liabilities in accordance with their maturity:

1.		HV system,
2.		UGL 987 Maintenance advance,
3.		UGL 990 staff statement,
4.		UGL 993 duties,
5.		UGL 996 inches,
6.		UGL 997 Unemployment insurance and
7.		UGL 998 pensions.

(2) The balances referred to in paragraph 1 shall be included in the opening balance sheet for each detail budget at the end of 31 December 2012. In order to ensure a clear allocation of data, the heads of the budget-leading agencies have to maintain all due dates. In order to ensure proper and timely data transfer from the entry into force of this Regulation, the directors and managers of budget-leading positions have to record the claims and liabilities in the HV system as day-to-day as possible.

(3) The exposure level in accordance with § 9 (2) and the liability mirror according to § 15 (3) shall be drawn up on the basis of due dates in the applications referred to in paragraph 1.

Acquisition of data of the asset accounting

§ 34. (1) As of 31 December 2012, the following data shall be determined separately from the plant accounting system according to detailed budgets:

1.		the name of the asset;
2.		AKZ measure (asset measure),
3.		inventory number,
4.		date of access,
5.		original acquisition and manufacturing costs,
6.		Duration of use of the service life table of property, plant and equipment, and intangible assets, by decree, GZ. BMF-111500/0016-V/3/2010, the Federal Minister of Finance has been made known as well as
7.		continued Cost of acquisition or production at the end of 31 December 2012.

(2) The continuing acquisition or production costs according to paragraph 1 Z 7 shall be determined in accordance with the depreciation procedure in accordance with § 49 (5) BHV 2013.

(3) In order to draw up the opening balance sheet, the budget-leading positions shall have the asset accounting in the application FI-AA at the closing date of 31 December 2012.

Section 10

Consolidation

Consolidation

§ 35. (1) The consolidation of the opening balances of all the detailed budgets must first take place at the level of the breakdown and subsequently at the level of the general budget.

(2) The following consolidation steps are to be carried out:

1.		Summation of all active and passive stock accounts and the balance of the opening balance sheet and
2.		Elimination of receivables and liabilities within the federal government.

11.

entry into force

entry into force

§ 36. This Regulation shall enter into force on the day following its operation.

Fekter