313. Ordinance of the Federal Minister of Finance: Preventable and Billed Accounting Ordinance 2015-VRV 2015

On the basis of § 16 (1) of the Financial Constitutional Law 1948, BGBl. No. 45/1948, as last amended by the Federal Act BGBl. I No 51/2012, shall be assigned in agreement with the Court of Auditors:

table of contents

Section 1

General provisions

§ 1.	Scope
§ 2.	Budgetary principle
§ 3.	Order, structure and components of households

Section 2

Estimate

§ 4.	Period of assessment
§ 5.	Pre-strike components
§ 6.	Outline of the preliminary estimate
§ 7.	General principles of the assessment
§ 8.	Earnings and effort groups in the result estimate
§ 9.	Financial and non-financing income and expenses
§ 10.	Estimate rules in the result estimate
§ 11.	Payment and deposit groups in the financing estimate
§ 12.	Exceptions to the estimate in the financing estimate (non-impact-effective building

Section 3

Clearance of accounts

§ 13.	Principles of the clearance of accounts
§ 14.	Time demarcation
§ 15.	Components of the clearance of accounts
§ 16.	Preliminary Comparison Calculations
§ 17.	Net result and net financing balance
§ 18.	Breakdown of the balance sheet
§ 19.	Approach and evaluation rules
§ 20.	Cash and cash
§ 21.	Requirements
§ 22.	Stocks
§ 23.	Participations
§ 24.	Tangible assets and intangible assets
§ 25.	Cultural assets (property, plant and equipment)
§ 26.	Liabilities
§ 27.	Budgetary reserves and cash reserves
§ 28.	Provisions
§ 29.	Process Cost Return
§ 30.	Provisions for detention
§ 31.	Provisions for pensions (electoral law)
§ 32.	Financial debt
§ 33.	Active Financial Instruments
§ 34.	Derivative financial instruments
§ 35.	Net assets
§ 36.	Investment grants (capital transfers)
§ 37.	Contributions to the closure of the accounts

Section 4

Transitional and final provisions

§ 38.	Preparation of the opening balance sheet
§ 39.	Transitional provisions
§ 40.	entry into force

Section 1

General provisions

Scope

§ 1. (1) This Regulation shall apply to countries and municipalities, hereinafter referred to as territorial authorities, as well as to their economic undertakings, establishments and similar establishments, each without its own legal personality. It regulates the form and structure of the preliminary estimates and accounts.

(2) For economic undertakings, establishments and similar institutions as referred to in paragraph 1, which draw up their own economic plans and the other statutory provisions (Business Code, UGB; International Financial Reporting Standards, IFRS) , the economic plans and financial statements without any annexes shall be submitted individually to the estimates and closure of the accounts of the local authority and to the general budget for the results and the financial statements of the accounts. together. The supplements to the estimates and to the closure of the accounts of the local authority shall be drawn up with the information provided by these units.

Budgetary principle

§ 2. The assessment and accounting are carried out by means of an integrated income, financing and wealth budget.

Order, structure and components of households

§ 3. (1) The budget shall consist of the results, the financing and the financial resources.

(2) The earnings budget shall be subject to accrual income and expenses. An income is the increase in value, irrespective of the actual date of payment. An expense is the value bet, regardless of the actual date of payment. The earnings budget is composed of the result estimate and the result statement.

(3) In the financing budget, deposits and disbursements shall be recorded. A deposit is the inflow of liquid funds in a financial year. A payout is the outflow of liquid funds in a financial year. The financing budget shall be composed of the financing estimate and the financial statement.

(4) In the financing budget, a distinction should be made between the general structure, which includes the operational and investment activities of the local authority, and the cash flow from the financing activity. The operational management includes deposits and withdrawals from operational management and ongoing transfers. The investment includes deposits and disbursements from investment, from the granting and repayment of loans and advances granted, as well as from capital transfers. The difference between the deposits and disbursements of the operational and investment activity results in the net financing balance from the general building.

(5) The cash flow from the financing activity shall comprise the deposits and disbursements from the financing activities of the local authority.

(6) The wealth budget shall be at least as an asset. It records inventories and ongoing changes in assets, foreign funds and net assets (equalisation posts). The wealth budget must be broken down into short-term and long-term components.

Section 2

Estimate

Period of assessment

§ 4. (1) The estimate shall be drawn up for the calendar year as financial year.

(2) These provisions shall apply mutagenicly to pre-stop prospecting, supplementary estimates.

Pre-strike components

§ 5. (1) The preliminary estimate shall consist of:

1.		the estimates in the breakdown according to § 6,
2.		the estimates in the outline in accordance with § 6,
3.		the establishment plan for the general budget and
4.		the supplements provided for in paragraphs 2 and 3.

(2) preceded by a preliminary stop

1.		an overview of income and expenses arising from the estimates, broken down into appropriations for use and placement of funds at the first level for the general budget (Annex 1a);
2.		the statement of deposits and disbursements from the estimates, broken down into middle-use and application groups at the first level for the general budget (Annex 1b);
3.		the cross-section of the pre-treatment and invoice (Annexes 5a and 5b).

(3) The preliminary estimate shall also contain the following supplements:

1.		the personnel data in accordance with the latest Austrian Stability Pact; that is, proof of the cost of staff, separated by officials, contract and other servants, as well as the pensions and other pensions, including the the estimate of the number of persons receiving rest and pensions (Annex 4);
2.		proof of transfer payments from institutions and bodies of public law which are to be broken down, at least by subsectors of the state and by approaches (Annex 6a),
3.		proof of supply and withdrawal of cash reserves and household reserves (Annex 6b),
4.		proof of the forecast state of the financial debt at the end of the financial year preceding the financial year, as well as on the debt service in the pre-year financial year, with the following information: Debt service rates, net debt service and duration (Annexes 6c to 6e),
5.		proof of financial debt of hospitals or operating companies of the countries (including Vienna) (Annex 6f),
6.		proof of the budgeted household remuneration (Annex 6g).

Outline of the preliminary estimate

§ 6. (1) The estimate shall be presented in the light of the provisions of paragraphs 2 to 9. The breakdown of the estimates is optional in the case of the countries according to paragraph 2 or section 3, in the case of the municipalities according to paragraph 3.

(2) In the case of the countries (including Vienna), unless the presentation in accordance with paragraph 3 is chosen, the following criteria shall be taken into account:

1.		The estimates shall be allocated in full and according to factual criteria in area budgets. A range budget corresponds to a policy or policy. Task field or a highly aggregated entity with clear political responsibility.
2.		Each area budget must be divided into one or more global budgets in full and according to factual criteria. A global budget relates to a factually related area of responsibility.
3.		Each global budget has to be fully divided into one or more detail budgets. The establishment of the detailed budgets must be carried out as organically as possible and according to factual criteria. A first-level detail budget can be divided into second-level detailed budgets of the same global budget if it seems appropriate for administrative-economic reasons or for the transfer of budgetary responsibility.
4.		The subsections (3) defined in the batch directory (Appendix 2). In a systematic way, the respective detailed budgets must be clearly and completely assigned to the respective detailed budgets. An outline of the preliminary estimate according to paragraph 3 is optional.

(3) The following breakdown criteria shall be taken into account by the municipalities and optional by the countries (including Vienna):

1.		The estimate shall be in groups (1) in accordance with the decaedically numbered starting directory. The Decade), Sections (1st to 2nd Decade) and Subsections (1 to 3. Decree) (Annex 2). The identity card of the budget must be taken in the decadic form of the starting directory.
2.		At least the groups (0-9) of the starting directory (Appendix 2) are to be shown as individual area budgets (a total of ten).
3.		Each area budget can be completely divided into global budgets by using the approach directory as needed.
4.		Each global budget can be completely divided into detailed budgets according to needs-oriented use of the batch directory.

(4) For the general budget and for each area budget, a result and financing estimate shall be presented. If a range budget is divided into several global budgets, it is also possible to identify a result and a financial estimate for each global budget. This also applies analogously to detailed budgets. The presentation shall be carried out on the basis of the use and application groups indicated in Appendix 1a and Appendix 1b. For the general budget, as well as for the division and global budgets, the ID of the first-level allocation and placement groups (MVAG 1) and the second-level detailed budgets (MVAG 2) is provided. If a divisional budget or a global budget is not split further, it shall be shown up to the second level of the resource use and placement groups. In the earnings estimate, funds use the expenses (§ 8) and in the financing estimate the disbursements (§ 11). The income (§ 8) and in the financing estimate are the deposits (§ 11) in the estimate of the profit.

(5) The estimates for the estimates to be decided shall be the result and the estimates of the estimates of the current and previous financial year. The accounts shall be drawn up for the presentation of the previous financial year, if any. The result and financing estimates can be identified side by side.

(6) The assessment shall be carried out, irrespective of the breakdown of the estimate, at least on the third decade of the entry list (subsection, Appendix 2) and without any gaps in the use of the account plan. For any further subdivisions, the fourth and fifth decade of an approach are to be used. The reference to the sixth decade of an approach is based on the information given in Appendix 2. If necessary, the accounts shown in Annexes 3a and 3b can be broken down into up to three additional decades. In addition, a household notice may be provided.

(7) The estimated income and expenses as well as deposits and disbursements shall be shown in a detailed evidence at the account level. These are to be classified according to the breakdown of the preliminary estimate on the basis of the account plan. The values of the financial year to be decided shall be preceded by the values of the current financial year and the previous financial year. The accounts shall be drawn up for the presentation of the previous financial year, if any. Estimates (income, expenses) and estimates of financing (deposits, disbursements) can be reported side by side. Cash movements (income, deposits) of the respective sub-section shall be shown and summed before use (expenses, disbursements) of the respective sub-section.

(8) A proof of detail at the level of the accounts shall not be required, provided that the local authority, in the case of budgetary management and accounting, is in accordance with the principle of effectiveness in accordance with the agreement referred to in Article 15a B-VG on common Principles of financial management shall apply.

(9) The use of installations in Annexes 2 and 3 and 3b not provided are not permitted.

(10) The local authority must make available the components of the preliminary attack on the Internet, as referred to in § 5, without the need for protection of personal information.

General principles of the assessment

§ 7. (1) In the estimate, all the expected appropriations and expected financial resources for the following financial year shall be separated from each other and recorded in full (gross).

(2) The estimates are to be calculated if this is not possible, they should be estimated.

(3) The amounts of the pre-proposals shall be fixed in amounts of EUR 100, which can be divided.

(4) Transfers of funds (deposits and income) and appropriations (disbursements and expenses) for projects which cover several financial years shall be subject only to the part falling within the financial year concerned.

(5) In any case, the remuneration of the household shall be appropriate if it concerns the charges for the services actually provided by economic undertakings, businesses and similar establishments, or to those which are to be paid. The remuneration is to be seen as such.

Earnings and effort groups in the result estimate

§ 8. (1) The accrued yield is to be broken down into the following categories of income (1. Level of the medium placement group):

1.		Income from operational management activities,
2.		Income from transfers and
3.		Financial contributions.

(2) The complexity of the accrued period is to be broken down into the following groups of costs (1. Level of the resource group):

1.		Personnel expenses,
2.		Technical expenses (without transfer costs),
3.		Transfer effort and
4.		Financial expense.

(3) Personnel expenses include remuneration and benefits in kind, as well as employer contributions and voluntary social benefits for staff members. The personnel costs are not included in the staff of the elected bodies (technical expenses), as well as advances made to the recipients of the reference or pensioners (loans).

(4) The effort to be understood in terms of expenditure is the expenditure which cannot be attributed to the staff, the transfer or the financial expenses.

(5) The expenditure for the provision of a monetary benefit is to be understood by means of a transfer effort without directly obtaining a reasonable monetary value in return for this purpose. This also applies to subsidies. A grant shall be understood to mean the cost of interest-or amortisation-related funds, annuities, interest or borrowing grants, as well as other non-refundable cash benefits, which the local authority of a natural or legal person in respect of a service provided or intended by that person, on which there is a significant public interest which is perceived by the local authority. In the case of capital transfers, § 11 para. 5 and § 36 must be observed.

(6) Financial expenses shall include at least all charges for interest, irrespective of the hairiness of the underlying financing, as well as other financial expenses.

(7) reinforcements may be provided to cover overscheduled and extrabudgetary expenses.

(8) The net result of the earnings estimate is to represent the difference between the sum of the returns and the sum of the expenses.

Financial and non-financing income and expenses

§ 9. (1) Financing-effective expenses are expenses which result in a direct outflow of funds. Non-financing expenses are expenses which, in the financial year in question, do not directly lead to a cash outflow, but result from the change in the positions of the financial statement. Financial income is income that leads to a cash inflow. Non-financing income is income that does not directly lead to a cash inflow.

(2) Non-financing expenses as referred to in paragraph 3 shall not be relayed in favour of expenses incurred in financial terms.

(3) In any case, expenses and income which are not effective shall be considered as follows:

1.		depreciation and amortisation of property and intangible assets,
2.		Expenses arising from the depreciation and depreciation of claims and income from the liquidation of value adjustments,
3.		Expenses arising from the doping and income from the dissolution of the following provisions:
a)			for copies and jubilee grants,
b)			for process costs,
c)			for ports,
d)			for the rehabilitation of contaminated sites,
e)			pensions (in the exercise of the right to vote in accordance with section 31),
4.		other non-financing expenses which may result from changes and valuations of assets as well as of foreign funds; and
5.		Substantive references.

Estimate rules in the result estimate

§ 10. (1) Income from economic activity, charges and levies-related income shall be applicable for the financial year to which they are to be attributed economically.

(2) If the assignment in accordance with paragraph 1 is not possible, the yield shall be attributed to liquid funds at the time of the influx.

(3) Levies are to be considered as income, irrespective of purpose, only in Section 92, "Public charges". This does not apply to fees for the use of municipal facilities and facilities as well as to the contributions of interested parties from property owners and residents. These are to be considered as income in the case of the municipal facility or facility in question.

(4) The income of the individual municipalities in the case of a share of the Community's national contributions shall be as appropriate as they result from the withdrawal of the municipality-demand-allocation means.

(5) Income from financial allocations and grants is to be considered as operating income in Section 94, "Financial allocations and grants". To the extent that they are to benefit from an establishment, a facility-like entity or an economic enterprise, they may, in the case of the holding, operation-like entity or the economic enterprise, if they do not have their own An economic plan shall be considered as income. Depending on the income character (transfer of capital or transfer), the allocation of requirements for municipalities must be determined by the local authorities.

(6) Income from transfers shall be inflows from transactions without direct exchange of benefits and shall be made in that financial year for which the transfer is granted. If the allocation is not possible, the yield shall be attributed to liquid funds at the time of the influx. Capital transfers received shall be deducted in accordance with the useful life of the asset for which they are granted and shall be dissoled annually in accordance with the effective life of the capital.

(7) The staff expenditure shall be set for the financial year in respect of which the compensation for the service of staff is carried out.

(8) The amount of the expenditure shall be fixed for the financial year to which it is to be allocated economically. Rents and other permanent debt ratios are to be attributed to the financial year for which they are incurred.

(9) The transfer effort shall be made for the financial year to which it is economically assigned. If the allocation is not possible, an allocation shall be made at the time of payment. For each financial year, multi-annual transfers shall be considered and recognised as an expense for which they are to be granted.

(10) Income and expenses for interest shall be fixed irrespective of the payment of interest for that financial year to which the interest relates. Income from and expenses for interest and derivative financial instruments are in the financial income or Financial expense gross. Fees (Agio) and monies (Disagio) are accrued to the accrual of financial expenses and/or financial expenses. Financial contribution to be made. All expenses and commissions relating to the financing activities shall not be distributed over the duration of the capital but shall be apportionated at the time of payment.

Payment and deposit groups in the financing estimate

§ 11. (1) Payments and disbursements of the operational structure shall be broken down into at least the following categories of funds (Annex 1b):

1.		Deposits of operational administrative activity,
2.		transfers from transfers,
3.		Deposits made from financial income,
4.		Disbursements from personnel expenses,
5.		disbursements from material expenses,
6.		transfers from transfers,
7.		Disbursements from financial expenses.

(2) The estimates resulting from the assessment shall also be applicable to the estimate of the estimates. The sum of the financing expenses is equal to the disbursements from operational management (personnel, cash and financial expenses) and transfers in the financing estimate. In justified cases, corrections can be made if it is to be expected that the cash flow will take place in another financial year.

(3) In-and disbursements of the investment shall be broken down into at least the following categories of funds (Appendix 1b):

1.		Deposits from investment,
2.		Deposits from the repayment of loans and advances granted;
3.		cash transfers from capital transfers (investment grants);
4.		-payments from investment;
5.		the disbursements of loans granted and advances granted;
6.		Disbursements from capital transfers.

(4) As deposits from the investment activity are to be understood deposits from the disposal of property, plant and equipment and intangible assets, as well as from the sale of participations. Disbursements from the investment activity are to be understood as payments from the access of property, plant and equipment and intangible assets, provided that the value exceeds EUR 400, and from the access of participations. Disbursements for the production of movable property in self-government are not to be considered as payments from the investment activity.

(5) Deposits made from capital transfers (investment grants) are to be understood as deposits which lead to investment in the local authority. Investment grants shall be shown on the liabilities side in the balance sheet. § 36 must be observed. Payments made from transfers of capital are to be understood as payments which lead to investment by a third party. In the income statement, these are attributed to the transfer expense, an asset of the local authority is not recorded.

(6) The result of the financing estimate of the operational and investment building is the net financing balance. The net financial balance shall be offset by the cash flow of the financing activity.

(7) In the cash flow from the financing activity, the following deposits and withdrawals shall be made in accordance with Annex 1b.

1.		Deposits from the inclusion of financial debt,
2.		Deposits arising from the inclusion of cash liabilities temporarily incurred in order to strengthen cash balances;
3.		Deposits resulting from the exchange of capital in derivative financial instruments,
4.		Deposits from the demise of financial assets,
5.		disbursements from the redemption of financial debt,
6.		disbursements from the amortization of cash liabilities temporarily incurred in order to strengthen cash balances;
7.		Disbursements as a result of a capital exchange in derivative financial instruments and
8.		Disbursements for the acquisition of financial assets.

Exceptions to the estimate in the financing estimate (non-impact-effective building)

§ 12. (1) As deposits which are not definitively adopted for the local authority but are to be passed on to third parties, and as disbursements which are not carried out in compliance with the tasks of the local authority, but on behalf of a third party , the following shall apply in particular:

1.		Deposits and disbursements in connection with payment appropriations taken into custody (depositaries),
2.		Deposits whose purpose is not yet detectable at the time of their arrival and their repayment (temporary evidence),
3.		Contributions from charges and surcharges levied by the local authority for other entities under public law, as well as the transfer thereof,
4.		Payments made by a local authority to third parties and to be repaid by them (advances),
5.		Deposits that have been mistakenly provided or for which the legal reason is subsequently omitted,
6.		Deposits and disbursements from turnover and pre-tax arrangements, provided that the local authority or parts thereof are obliged to deduct the VAT in accordance with the provisions of the 1994 VAT Act or are entitled to deduct VAT,
7.		loans received on behalf of the Austrian Federal Finance Agency on behalf of and account of other entities. completed derivative financial instruments.

(2) The deposits and disbursements referred to in paragraph 1 are not to be estimated (non-impact-effective building).

(3) The amounts of deposits and disbursements which are not in effect in advance shall be in balance until the end of the current financial year, in such a way that only those amounts should be identified as non-presumptuous, which shall be made up of factual and temporal amounts. Reasons are justified. At the end of the financial year, the balances shall be explained in the supplement to the closure of the accounts.

Section 3

Clearance of accounts

Principles of the clearance of accounts

§ 13. (1) The closure of the accounts shall be drawn up for the previous calendar year as a financial year.

(2) The offsetting shall be in full (gross), d. h. completely, uncut and without any mutual offsetting or salting.

(3) The settlement shall be carried out in accordance with the plan of account for countries (Annex 3a) and municipalities (Appendix 3b). The account plan contains the accounts for the earnings, the financing and the financial accounts. All closing balances shall be fully transferred to the results, assets and financial statements.

(4) The provisions relating to the estimates shall apply mutatily to the closure of the accounts, unless different arrangements are made in accordance with this Regulation.

(5) Profit imports (financial income) shall be recognised in that financial year as income in which the shareholder decision is made.

(6) The clearance of accounts shall be drawn up on the basis of reliable information.

(7) Expenditure and income shall be limited in time, provided that the value exceeds EUR 10 000.

(8) As long as there are no real or legal reasons to oppose, the continuation of the activities of the local authority shall be accepted.

Time demarcation

§ 14. (1) Facts which have already existed at the closing date of the accounts shall be included in the final accounts up to the deadline for the preparation of the clearance of accounts.

(2) Facts which have not occurred until after the closing date of the accounts shall not be included in the final accounts.

(3) It is necessary to ensure that comparisons of different financial years can be made for all final accounts.

Components of the clearance of accounts

§ 15. (1) The closure of the accounts shall consist of:

1.		the result statement,
2.		the financial statement,
3.		the financial account (Annex 1c);
4.		the net asset change account (Annex 1d); and
5.		the supplements in accordance with § 37.
For the general budget, the final accounts are to be cleaned up in order to cover the internal remuneration (Section 7 (5)).

(2) The result and financial statement shall be presented in the outline of the preliminary estimate, as chosen in accordance with § 6.

(3) The balance sheet shall be divided into the positions referred to in § 18 (Annex 1c) and shall be drawn up for the general budget of the local authority, taking into account the capital requirements of this Regulation (§ § 19 to 36); and . In so doing, the values of the financial year to be concluded shall be preceded by the values of the previous financial year. The changes between financial years shall be indicated separately.

(4) The local authority shall provide the components of the clearance of accounts as referred to in paragraph 1 above, without any indication of personal information on the Internet, without any indication of personal information.

Preliminary Comparison Calculations

§ 16. (1) The invoices referred to in § 15 (1) (1) (1) and (2) shall also be presented as preliminary compensation accounts. The estimates for the budget for the general budget correspond to the sum of the preliminary comparison calculations for the area budgets.

(2) In the preliminary compensation calculation for the result statement, the following shall be shown in the breakdown of the preliminary estimate, as defined in section 6:

1.		the estimates of the earnings estimate, including changes made by night-time estimates;
2.		the actual expenditure and income,
3.		the differences between the profit estimates and the actual expenses and income.

Substantial deviations shall be justified.

(3) In the preliminary compensation account for the financial statement, the following shall be shown in the outline of the preliminary estimate, as selected in accordance with § 6:

1.		the estimates of the estimates, including the amendments, by means of supplementary estimates;
2.		the actual deposits and disbursements,
3.		the differences between the financial estimates and the actual deposits and disbursements.

Substantial deviations shall be justified.

(4) The preliminary comparison calculations for the result and financial statements can be presented side by side.

(5) The total income and deposits incurred during the financial year, as well as expenses and disbursements, are to be demonstrated at the account level in the form of a detailed proof of the pre-estimate settlement. These are to be ordered in ascending order on the basis of the account plan in the outline of the preliminary estimate selected in accordance with § 6. Section 6 (8) shall apply mutatily.

Net result and net financing balance

§ 17. (1) The net result of the profit and loss account shall be the difference between the sum of the income and expenses. Under the net result, allocations are to be made to To represent revenue from budgetary reserves (§ 27).

(2) The result of the operative building (balance 1) and the investment (balance 2), which is the general framing of the financing account, is the net lending balance (balance 3). The net financial balance is to be added to the cash flow of financing activities (balance 4). The sum gives the cash flow from the bid-effective building (balance 5).

(3) The non-profit-making and disbursements pursuant to § 12 are to be shown in the cash flow from the non-prefable building (balance 6) in the financial statement.

(4) From the sum of the non-advance payments (balance 6) and the advance and disbursements (balance 5), there is a change in liquid assets (balance 7). The initial stock, the change and the final stock of liquid funds in the financial statement shall correspond to those in the balance sheet.

Breakdown of the balance sheet

§ 18. (1) The balance sheet shall be divided into assets, special items of investment grants, foreign funds and net assets (balancing items). In the balance sheet, the increase, decrease and change in value of assets, foreign funds and net assets (balancing items) must be recorded, the sum of the assets being equal to the sum of foreign funds and net assets (compensation items) .

(2) The assets are short-term and long-term assets, which are foreign funds to be identified as short-term and long-term foreign funds.

(3) As short-term assets, all assets that are expected to be consumed within one year or be converted into liquid assets are to be identified. Short-term assets are at least liquid assets, short-term accounts receivings and inventories.

(4) As a short-term foreign agent, all foreign funds with a maturity of up to one year must be expelleated. Short-term foreign funds are at least short-term financial debt (net), short-term liabilities and short-term provisions.

(5) Assets and foreign assets are then in the long term if they are not to be shown in the short term. As a long-term asset, at least financial investments, investments, long-term claims, property, plant and equipment and intangible assets must be shown. Property, plant and equipment shall at least be broken down into the following categories: land, land facilities and infrastructure, buildings and buildings, technical facilities, official, operational and commercial equipment and cultural assets. Long-term debt is at least in the form of long-term financial debt (net), long-term liabilities and long-term provisions.

(6) Net assets are divided at least into the balance of the opening balance sheet, the cumulative net result, the household reserves, the revaluation reserves and the foreign currency translation reserves.

(7) For the presentation of the balance sheet, the structure listed in Appendix 1c shall be used.

Approach and evaluation rules

§ 19. (1) Assets shall then be recognised in the financial statement if the local authority has acquired at least economic property.

(2) Economic ownership shall be independent of any civil ownership if the local authority, in economic terms and as an owner, prevails over a matter, in particular by possadministering it, the power of disposal hold on to them and bear the risk of their loss or destruction.

(3) Each asset (active and passive) shall be recorded and assessed individually for each individual asset. For the purpose of simplification, a fixed-value procedure may be used for movable goods. Likewise, objects with the same useful life can be combined into a plant, if they are usually used together.

(4) The assets are to be determined in a systematic order in the asset accounting system, whereby the stock as well as the entries and exits according to value and value change must be recorded.

(5) The value of the cash value shall be the value resulting from the cumulative payments which have been paid off. The interest rate shall, unless otherwise specified in the individual case, be used to correspond to the interest rate of the average return on federal bonds (UDRB) weighted by circulation on the date of the closing of the accounts.

(6) Purchase costs are all costs of purchase, such as purchase prices including import duties, transport costs, costs that put the property in an operational state, settlement costs, non-refundable sales taxes, minus directly random discounts and Skonti. The acquisition cost of building objects or Properties also include the costs of the clearance and the cancellation of any existing building objects or objects. the recovery of the site (e.g. B. Decontamination), in so far as these are related to the acquisition. Non-acquisition costs include interest and other costs arising from the inclusion of foreign funds.

(7) Production costs are all costs which can be directly attributed to the respective asset value. Production overhead costs are to be added to those facilities which are exclusively used for production.

(8) 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.

(9) The fair value is the value to which an asset may be exchanged between experts, parties willing to contract, and independent of each other, or a commitment to be paid. The fair value to be determined is to be determined from:

1.		the price of an existing, binding agreement, or if it does not exist,
2.		the current market price if the asset is traded in an active market or where it does not apply,
3.		the price of the most recent transactions, provided that the circumstances in which the transactions have taken place have not substantially changed, or where this is not possible,
4.		the value that results from the best possible, reliable estimate.

(10) The depreciation of an asset shall take place in a linear manner and shall begin with the entry into service. If the asset is available at its location and in the operational state and is not put into service within six months, the depreciation shall start at the end of the six-month period. For the calculation of the depreciation, use durations are to be used in Appendix 7. Where the actual circumstances of the plant are likely to result in a different expected economic period of use, it shall be used and the reasons for the application shall be justified. If the assets acquired are in fixed assets for more than six months of the financial year, the total amount to be deducted from one year is to be deducted, otherwise the amount shall be half. A month-to-month depreciation is allowed.

(11) amounts in foreign currency are to be converted into euro at the reference rate of the European Central Bank (ECB) on the financial year's closing date of the financial year. If this is not available, amounts in foreign currency are to be converted to the respective national lower currency exchange rate. Changes due to the exchange rate are recorded in a non-profit-neutral way in the foreign currency translation reserve. These are to be attributed to the net assets and to be resolved upon sale or exit.

(12) Revaluation reserves are incurred in the follow-up evaluation of assets and are attributable to net assets.

(13) Revaluation reserves and foreign currency translation reserves shall each be related to certain assets and foreign funds and shall be disbanded in the event of their disposal or departure in the income statement.

(14) When processes become known which have a significant reduction in value or A significant reduction in the value of an asset beyond the linear depreciation may be presumed to be considered. If this is the case, the asset shall be valued at the recoverable amount. The recoverable amount of an asset is the fair value less the sales cost or the utility value.

(15) An impairment of value shall be made exclusively for previously impaired assets under paragraph 14, provided that the circumstances which led to the impairment loss have changed. The continuing acquisition or production costs, which would have passed without any initial impairment at the time of the recovery, must not be exceeded in this case.

Cash and cash

§ 20. Cash funds include cash and bank deposits as well as short-term deadlines; these are to be valued at the nominal value. Cash reserves provided as cash reserves are to be identified separately.

Requirements

§ 21. (1) Claims by the local authority for the receipt of cash benefits are claims. Short-term demands and long-term interest rates are to be assessed at the nominal value. Long-term, non-interest-bearing claims shall be valued at the cash value if the value exceeds EUR 10 000.

(2) Individual value adjustments to claims must be recorded in the case of partial or complete indispenuity of the claim. Claims shall be issued in the light of any VAT repayment claims, as soon as the inconvenience is finally established.

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

Stocks

§ 22. (1) inventories and self-appointed inventories shall be recorded at cost of acquisition or production if the value of such stocks exceeds EUR 5 000 per storage position. For the closing date of the accounts, stocks exceeding EUR 5 000 per storage position shall be valued at the lower value from the following two values:

1.		original purchase or manufacturing costs,
2.		Replacement value.

(2) The following assets shall be used as inventories:

1.		Raw materials, auxiliaries and operating materials,
2.		unfinished products,
3.		finished products and goods,
4.		non-chargeable services,
5.		payments made to inventories.

(3) Track-like inventories shall be assessed in a group.

(4) Roh, auxiliary and operating materials intended for the production of stocks shall not be devalued at a value below their cost of acquisition or production if the finished products into which they enter are likely to be the production costs or the costs of selling, exchanging or distributing them.

(5) An inventory directory is to be run.

Participations

§ 23. (1) Participation shall be understood to mean the share of the local authority in a company or a body managed by the local authority, with its own legal personality (institutions, foundations and funds). The shares of the local authority in a company are to be assessed on acquisition with their acquisition costs. An evaluation on the closing date of the accounts shall be made in accordance with paragraphs 7 and 8.

(2) Shareholdings in affiliated and associated companies in the form of private law and public law organisational form, other shareholdings and entities administered by the local authority with their own legal personality are shall be rejected separately.

(3) An affiliated company shall be accepted for a share of more than 50% of the company's own capital or estimated net assets. In addition, an affiliated company will be present if the local authority has control or control. The control is to be assumed if the local authority has the opportunity to determine the financial policy and the operational activities and to take advantage of the activities of the latter.

(4) An associated company shall be accepted at a capital share of 20% up to 50% of the company's equity or estimated net assets.

(5) Outside the share of 20% of the share of the company's equity or estimated net assets, other participation shall be deemed to be the same.

(6) A body managed by the local authority (the institution, foundation, fund) shall be presented in its own proof (Annex 6l) if the local authority exercises control or control and with the estimated net assets of the institution (Annex 6). assess. A control or control of a body managed by the local authority shall be provided if:

1.		the establishment is to be attributed to the State sector in accordance with the ESA 2010, or
2.		the local authority or a body controlled by it would determine the operational activities of the institution and would otherwise carry out its own activities, or
3.		the local authority, or a body controlled by it, determines the operational activities of the body and is the beneficiary of a foundation and the assets of which are directly or indirectly derived from the local authority.

Where such a body is managed by a number of local authorities to the same extent without the need for control or control, the local authorities shall have the estimated net assets to be equal to the same parts.

(7) A participation in a company already existing at the closing date of the accounts shall be assessed with the share of the local authority in the equity capital or the estimated net assets of the holding. The individual financial statements shall be drawn up for the evaluation, provided that it is available at the time of preparation of the balance sheet. If it is not yet available, the individual closure of the previous year shall be drawn up. Should a consolidated financial statements be available, it should be used. For the evaluation of managed institutions (institutions, foundations and funds), financial statements prepared in accordance with the provisions of this Regulation or in accordance with other legal provisions (UGB, IFRS) shall be used.

(8) Where the equity or estimated net assets are increased by profit or by other changes in own resources, the adjustment of the equity value shall be carried out in a non-profit-neutral manner in the revaluation reserve, unless it is A value pickup is involved. The revaluation reserve is to be reduced if the net assets of the holding have decreased. If the net assets of the holding are reduced and there is no revaluation reserve for that participation, this reduction shall be recognised as a result of financial outlay.

(9) The appendix (6 m) of the Annex (Appendix 6m) shall be indicated in the Annex to the provisions of the Annex, which shall be made available to the public at a level of more If a consolidated consolidated financial statements (UGB, IFRS) are available for holdings starting at a par value of more than 50%, the consolidated financial statements (IFRS) may be used for the identification. In this case, other subsidiaries of this group company will no longer need to be included in the plant. Instead, a graphical or tabular representation or a link is to be added to the homepage of the company, from which any further controlled or Controlled subsidiaries with name, legal form and participation ratio.

Tangible assets and intangible assets

§ 24. (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 asset bill when they have been purchased. Self-proclaimed intangible assets must not be applied.

(3) Full installation directories must be carried out.

(4) Plant and equipment shall be subject to continued acquisition or production costs and intangible assets shall be assessed at the cost of continuing acquisition costs. Non-remunerated purchases (e.g. Donations and inheritance) are to be assessed at fair value.

(5) Sachs and intangible assets, which are subject to depreciation by wear, are to be depreciated in a linear manner to their useful life. Low-value assets can be exempted from the approach in the balance sheet.

(6) If existing property, plant and equipment are already fully written off, they must be set at zero in the list of assets.

(7) In the case of investments, deposits are to be paid separately from the property, plant and equipment as a deposit.

(8) If measures are set which lead to a reproduction of the substance, increase in the usable area or a substantial improvement of the functions, the expenditure which can be assigned shall be activated and, if necessary, to be written off in accordance with paragraph 5.

Cultural assets (property, plant and equipment)

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

(2) Cultural goods referred to in paragraph 1 shall be at the respective cost of acquisition or production, provided that they can be obtained from reliable documents, or the value of the value in existing opinions or in accordance with an internal plausible value-fixing. assess. If such an assessment is not possible, the corresponding cultural goods are to be recorded in Appendix 6i.

(3) Where buildings are in accordance with the definition in accordance with paragraph 1, these shall be assessed at the cost of the acquisition or production of the building.

(4) A linear depreciation shall not be carried out in the case of cultural goods. In the case of buildings falling into the category of cultural goods, there is a right to vote in terms of linear depreciation.

Liabilities

§ 26. (1) liabilities are obligations of the local authority for the provision of cash benefits to which a third party has acquired a contractual or legal entitlement to payment, which shall be determined by reason of the reason and the amount.

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

Budgetary reserves and cash reserves

§ 27. Budgetary reserves shall be made up of allocations from the net result and shall be disclosed separately on the liabilities side of the balance sheet. The corresponding cash reserves shall be shown on the assets side of the balance sheet under the liquid assets. Household reserves and cash reserves are to be presented in their own proof (Annex 6b).

Provisions

§ 28. (1) reserves shall be used for the obligations of the local authority if:

1.		the obligation already exists before the closing date of the financial statements; and
2.		the commitment event has already occurred before the closing date of the financial statements; and
3.		the fulfilment of the obligation will most likely lead to the use of funds by the local authority; and
4.		the level of the obligation can be determined reliably.

(2) Short-term provisions shall be assessed in respect of their expected amount of payment, which is necessary to fulfil the current obligation. Long-term provisions are to be assessed at their cash value. The valuation of the provisions for reproductions and anniversaries shall be carried out in accordance with the procedure for the valuation of the accounts with the weighted average return on Federal bonds (UDRB) at the closing date of the accounts.

(3) In any case, short-term provisions shall include:

1.		Provisions for process costs,
2.		provisions for outstanding invoices (certificates) where the value of the invoices is at least EUR 5 000; and
3.		Provisions for unconsumed vacations.

(4) In any case, long-term provisions include:

1.		Provisions for removals,
2.		Provisions for anniversary grants,
3.		Provisions for detention,
4.		provisions for the refurbishment of contaminated sites,
5.		Provisions for pensions (in the exercise of the right to vote according to § 31) and
6.		other long-term provisions if their value is at least EUR 10 000 in each case.

(5) If the local authority receives a refund from third parties for a refunded obligation, it shall be deemed to be a claim only if there is a legal claim. The amount of the claim shall not exceed the amount of the reserve, plus amounts already paid for it.

(6) As a consequence, provisions should be adjusted if the local authority becomes aware of circumstances which give rise to a different assessment of the likelihood of the outflow of liquid or of its level.

(7) If the outflow of liquid funds has become certain in a financial year of the amount and the reason for it, then the provision shall be re-booked into a liability. The liabilities shall be recorded at the level of the actual payment amount.

Process Cost Return

§ 29. (1) The legal disputes which form the basis for the formation of provisions for process costs should be regarded as:

1.		Court-pending active and passive processes,
2.		Cases where the local authority is of the opinion that the case is likely to be brought to justice.

(2) The evaluation of the provisions for process costs shall include all known circumstances and risks, such as:

1.		the amount of the estimated payment amount,
2.		the level of interest rates,
3.		the amount of court costs, the cost of reviewers, the cost of representation, including the threat of cost-acceptance obligations of the representation of the counterparty, and other costs of defamation of foreign claims.

(3) Inasmuch as advance payments have already been made to the entire costs, these amounts shall reduce the amount of the return.

(4) If payments are made in the course of the procedure, they shall be recorded as the consumption of the reverse.

Provisions for detention

§ 30. (1) provision shall be made for provisions on the liability of the local authority, where a claim is at least likely to be accepted.

(2) A predominant probability of occurrence is to be assessed individually for each assumed liability.

(3) By way of derogation from paragraph 2, similar liabilities may be combined to form specific risk groups. In the case of risk groups, an overriding probability of occurrence is to be assumed if, in the past, the local authority has been used frequently, on a regular basis and over a longer period of time for liability.

(4) The determination of the provisions for risk groups in accordance with paragraph 3 shall be based on the experience values of the at least five financial years.

(5) The investigation of the provisions for individual arrests in accordance with paragraph 2 shall be carried out by means of a risk assessment of these individual arrests.

Provisions for pensions (electoral law)

§ 31. (1) Irrespective of a badge in the supplements to the accounts, provisions for monthly pension benefits to be borne by the local authority may be recorded in the financial statement. The following pension benefits shall be distinguished:

1.		Pension benefits to be borne by the local authority for civil servants (I. Pension pillar), as soon as the pension entitlement exists and
2.		Operating pensions (II) Pension pillar), whereby the claim is acquired through the provision of the work.

(2) In order to determine the duration of future pension benefits, the current statutory pension scheme and the life expectancy tables published by Statistics Austria are to be used. The interest rate for the determination of the cash value shall be equal to the average return weighted average yield for Federal Bonds (UDRB) at the closing date of the accounts.

(3) The assessed entitlement to pension benefits shall be reduced from the start of actual disbursements.

Financial debt

§ 32. (1) Financial debt shall be all financial liabilities entered into for the purpose of providing the authority with the power to dispose of the money. The mere devotion of Treasury bills or other commitments to ensure, as well as liabilities arising from derivative financial instruments, do not constitute a financial debt.

(2) Cash liabilities received at the time of temporary cash payment shall only justify financial liabilities in so far as they are not redeemed within the same financial year.

(3) In addition, financial liabilities of the local authority shall be treated as financial liabilities in the form of legal transactions:

1.		on the basis of which a third party takes over the performance of payments made by the local authority in accordance with its due date and the local authority does not make the payments until after the end of the financial year in which the disbursements by the of the local authority to replace, or
2.		in the case of which the local authority is granted exceptional financial aid by setting the maturity of the local authority's consideration for a day more than 10 years after the date of receipt of the service; In the case of the provision of the consideration in a number of partial amounts, the due date shall be determined by the maturity of the last part-sum.

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

Active Financial Instruments

§ 33. (1) In the balance sheet, active financial instruments, other than liquid assets, receivments and participations, are clearly attributable to one of the following two categories:

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

(2) Financial instruments held in the category to maturity are all active financial instruments with fixed or determinable payments and a fixed term for which the local authority actually intends and beyond. has the ability to keep them up to their final maturity, provided that they have not been allocated in the case of access to the category "available for sale". These financial instruments are to be recognised in the case of purchase costs. The acquisition costs include funds (Agio) and monies (Disagio).

(3) Financial instruments available in the category for sale shall be classified in all active financial instruments which have been identified as such in their initial recognition. These financial instruments are to be recognised in the case of purchase costs. The acquisition costs include funds (Agio) and monies (Disagio).

(4) Financial instruments already existing and up to the final maturity of the balance sheet date shall be assessed as follows:

1.		The difference between the cost of acquisition and the amount to which the financial instrument can be fulfilled shall be distributed proportionally to the maturity and shall be recognised in the income and financial statements.
2.		The change in the value of a financial instrument on the basis of value adjustments due to creditworthiness is a financial outlay, or To collect financial income.
3.		Changes in the value due to exchange rate changes are to be recorded in the foreign currency translation reserve.

(5) Financial instruments already available and available for sale on the balance sheet date shall be evaluated as follows:

1.		Active financial instruments available for sale shall be assessed at fair value.
2.		A change in the value shall be recorded in the revaluation reserve.
3.		Changes in the value due to exchange rate changes are to be recorded in the foreign currency translation reserve.

(6) The local authority has the objective and methods of risk management for active financial instruments (§ 33), financial debt (§ 32) and derivative financial instruments (§ 34) to be described in the Annex or by a reference to already existing Specify rules (link or site) publicly available.

(7) In addition, for each category of active financial instruments, financial debt and derivative financial instruments, information shall be provided on:

1.		Scope and nature of financial instruments
2.		the accounting policies used, including the approach and evaluation criteria, and
3.		the exchange rate risk.

(8) In the case of active financial instruments, financial debt and derivative financial instruments, the extent to which the local authority is subject to an interest rate change risk shall be indicated. This information shall include:

1.		contractually defined interest adjustment and maturity dates, depending on which dates are earlier; and
2.		as appropriate, effective interest rates.

(9) In the case of active financial instruments and derivative financial instruments, the extent to which the local authority is exposed to a risk of default shall be indicated. It should also be indicated to what extent there are significant failure risk concentrations.

Derivative financial instruments

§ 34. (1) Derivative financial instruments are contracts for the exchange of interest or interest. Capital orders are completed. Derivative financial instruments shall be documented in writing.

(2) If a derivative financial instrument relates to a basic business and forms with it an economic entity, the approach of this derivative financial instrument shall be taken as a hedging transaction together with the basic business.

(3) A microswap in the case of exchange contracts shall be discussed when the basic business and the derivative financial instrument are in total agreement in volume, in the period of validity and in respect of the dates of the interest rate.

(4) The assessment of existing free derivatives, which are those which do not meet the condition for a hedging transaction, shall be made at fair value.

Net assets

§ 35. The changes in net assets (Annex 1d) are based on the net assets at the closing date of the previous financial year:

1.		the changes in approach and evaluation methods,
2.		the changes in fair value from the follow-up evaluation of financial instruments available for sale,
3.		the changes resulting from the follow-up of shareholdings,
4.		the changes in the fair value of the impact assessment of cultural goods,
5.		the differences from foreign currency translation of assets held in foreign currency and foreign funds with the ECB's reference rate at the closing date of the financial year;
6.		the net result of the financial year; and
7.		the allocation and withdrawal of budgetary reserves.

Investment grants (capital transfers)

§ 36. Special items shall be placed on the liabilities side between the net assets and the long-term foreign funds for capital transfer payments received and appropriately used for investments. The resolution of the special items for subsidized property shall be carried out in accordance with the period of use (Appendix 7) indicated in the service life table.

Contributions to the closure of the accounts

§ 37. (1) The accounts shall be accompanied by the following annexes:

1.		Cross-section of the accounts, which has the financial balance of the local authority in accordance with the Austrian Stability Pact (Annex 5a or 5b).
2.		Proof of transfer payments from institutions and bodies of public law to be broken down, at least by subsectors of the state and by approaches (Annex 6a),
3.		Evidence of budgetary reserves and cash reserves (Annex 6b),
4.		Proof of the state of the financial debt as well as the debt service, with the following information: redemption, interest, debt service as a whole, debt service rates, net debt service and maturity (Annexes 6c to 6e),
5.		Proof of financial debt of hospitals or operating companies of the Länder (including Vienna) (Annex 6f),
6.		Proof of household remuneration (Annex 6g),
7.		Plant mirrors (Appendix 6h) and list of unrated cultural assets (Annex 6i),
8.		Leasing mirrors (Annex 6j),
9.		Holding mirrors (facilities 6k and 6m),
10.		Evidence of managed facilities (Annex 6l),
11.		Individual evidence of active financial instruments (annexes 6n and 6o),
12.		Proof of derivative financial instruments without basic business (Annex 6p),
13.		Individual evidence of the risks of financial instruments (Annex 6q),
14.		Rear-view mirrors (Appendix 6r)
14.		Proof of liability (Annex 6s),
15.		the number of pensioners and pensioners, as well as pension-related expenses for staff of the local authority over the next 30 years, irrespective of whether a pension provision is presented in the financial statement (Annex 6t).
16.		Proof of the non-estimates of deposits and disbursements (countries; Appendix 6u; Municipalities: Annex 6v),
17.		Personnel data, according to the last Austrian Stability Pact (Annex 4),

(2) The annexes annexed to the Regulation shall contain minimum particulars.

Section 4

Transitional and final provisions

Preparation of the opening balance sheet

§ 38. (1) For the first time the balance sheet is drawn up for the first time. Those of the financial year for which this Regulation will be applied for the first time shall also be subject to § § 39 and 40. The following financial statements shall be subject to the provisions of the relevant preliminary draft and the accounts regulation.

(2) The existing assets shall be recorded individually and shall be transferred or transferred in accordance with Annex 6h to the plant level and to the financial statement.

(3) In the first-time recording and valuation of assets in the opening balance sheet, the valuation methods according to § 39 may be applied in addition to the regulations in accordance with § § 19 to 36, subject to compliance with administrative economic principles. It is to be noted which method has been used.

(4) If existing property, plant and equipment are already fully written off, they shall be included in the plant lists for the first time and shall be set to zero until the date of their departure.

(5) Insofar as the data for intangible assets and tangible assets acquired or produced before the date of entry into force of this Regulation are not fully included in the local authority ' s lists of installations or inventories, , in any case, they are to be collected subsequently.

(6) Short-term and long-term requirements of the local authority shall be recorded in the opening balance sheet, taking into account the depreciation and impairment required by partial or total non-compliance. This is to be documented.

(7) The drawing up of the opening balance sheet shall be subject to a time-limits of expenditure and income.

(8) Corrections of errors and changes in estimates in the opening balance sheet may be made no later than five years after the publication thereof, and shall be shown in the net asset change invoice.

(9) The balance of the opening balance shall be determined by the difference between the assets and foreign funds recorded and assessed for the first time. A subsequent amendment shall be admissible only in application of paragraph 8.

Transitional provisions

§ 39. (1) Transitional provisions applicable to the drawing up of the opening balance sheet (excluding the initial approach) shall apply to subsequent situations.

(2) By way of derogation from Section 24 (4), land can also be used at fair value on the basis of an existing expert opinion, after an internal plausible value determination or by means of estimation methods (e.g. B. Plot-rate methods).

(3) In the case of the application of the land register procedure, the following principles shall be applied:

1.		The land is to be divided into user types and, at best, uses from the cadastre. If there is a real use other than the use indicated in the land register and the cadastre, it is to be used for evaluation purposes.
2.		The areas shall be assessed at the base prices for the respective situation as follows:
a)			Land at base prices for construction,
b)			Agricultural land at basic prices for farmland,
c)			garden of 80% of the basic price of Bauflächen,
d)			Vineyard at 200% of the basic price for farmland,
e)			Alpe at 20% of the base price for farmland,
f)			50% of the basic price for farmland,
g)			water at 50% of the base price for farmland,
h)			other types of use at 20% of the basic price of land, with the exception of wasteland, rock and barn areas and glaciers, 10% of the basic price of farmland.

(4) By way of derogation from Section 24 (4), buildings and buildings may also be at fair value, on the basis of an existing opinion, according to an internal plausible value determination, with 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 valuation date, or which are evaluated by other means of evidence such as current average price assessments. The values for the first-time recording in the opening balance sheet are subsequently considered as acquisition and/or acquisition. Manufacturing costs. Comparative transactions can also be derived from appropriately documented reference groups, which combine a plurality of similar transactions of different entities.

(5) Land installations shall be understood to mean infrastructure and common land (public good), in particular fixed and unpaved roads, rail, air and port facilities. The corresponding indication of the use shall be made from the land register or Cadastre. A distinction is made between the plot of land, the land facilities (no depreciation) and the structure (depreciation). These are to be rejected separately. By way of derogation from Section 24 (4), the setting up of a property establishment may also be assessed in the following manner on the first-time approach:

1.		by means of value information in existing opinions; or
2.		according to an internal plausible value determination, or
3.		by means of other evidence, such as contemporary average travel investigations, provided that neither continuous acquisition or production costs, nor documents according to Z 1 and 2, can be used.

The values for the first-time recording in the opening balance sheet are subsequently considered as acquisition and/or acquisition. Manufacturing costs. Comparative transactions can also be derived from appropriately documented reference groups, which combine a plurality of similar transactions of different entities.

entry into force

§ 40. (1) This Regulation shall enter into force at the end of the day of the customer's agreement.

(2) The provisions of VRV 2015 shall apply:

1.		for countries and for municipalities which are in accordance with Art. 127a (1) B-VG, idF BGBl. I n ° 98/2010, on the date of reference 1. Subject to the scrutiny of the Court of Auditors in January 2015, at the latest for the financial year 2019 (estimates and accounts);
2.		for municipalities which are in accordance with Art. 127a (1) B-VG, idF BGBl. I n ° 98/2010, on the date of reference 1. January 2015 is not subject to the Court of Auditors ' control, at the latest for the financial year 2020 (preliminary estimates and accounts).

(3) At the end of the financial year, the last time the preliminary draft and the accounts regulation 1997, VRV 1997, BGBl. No 787/1996, idF BGBl. II No 118/2007, the VRV will not enter into force in 1997 for the local authority concerned.

(4) The preliminary estimates and accounts of the Länder and municipalities shall be drawn up in accordance with administrative principles.

Schelling