About The Conversion Of Foreign Exchange Assets And Liabilities In The Zahr. Receivables

Original Language Title: o přepočtu devizových aktiv a pasiv v oblasti zahr. pohledávek

Read the untranslated law here: https://portal.gov.cz/app/zakony/download?idBiblio=38939&nr=567~2F1990~20Sb.&ft=txt

567/1990 Coll.



DECREE



the Federal Ministry of finance



of 15 November 2004. December 1990,



implementing the Act No. 498/1990 Coll., on the conversion of foreign exchange assets and

liabilities in foreign receivables and Payables organizations in

connection with kursovými measures



The Federal Ministry of Finance on the basis of section 4 of Act No. 498/1990 Coll., on

the conversion of foreign exchange assets and liabilities in foreign receivables and

commitment of organizations in the context of kursovými measures, provides:



General provisions



§ 1



The conversion of foreign currency assets and liabilities in foreign receivables and

obligations (hereinafter referred to as "conversion") in connection with the change of courses

Czechoslovak Crown-8. January 1990, and to 15. October 1990 shall

the organization referred to annexes 1 and 2.



§ 2



The conversion applies only to debts and obligations of registered accounts

posting group 23.



The conversion to 8. January 1990



§ 3



(1) the basis for the conversion to 8. January 1990, financial assets and liabilities pursuant to §

2 registered in the Organization to 1. January 1990, but with the exception of those of them,

subject to the conversion to 15. October 1990.



(2) the conversion shall be made so that the Crown of the consideration receivable and

the obligations referred to in paragraph 1 shall be multiplied by a coefficient at 1.186

receivables and Payables in freely convertible currencies and clearing and

coefficient 0.9 for receivables and Payables in transferable rubles.



(3) the balance of the differences between receivables and Payables before and after conversion

the conversion of the Organization converted to 31. December 1990 on a separate

Analytics account from the revaluation of foreign exchange assets and liabilities and

correlation on a separate analytical account in the chart of the Group of 23.



The conversion to 15. October 1990



§ 4



(1) the basis for the recalculation to 15. October 1990, financial assets and liabilities under

§ 2 registered in the Organization on 14 January 1998. October 1990.



(2) the conversion shall be made so that the value of assets and liabilities in

foreign currencies referred to in paragraph 1 shall be multiplied by the exchange rate.

the Crown on the 15. October 1990.



(3) the balance of the differences between receivables and Payables before and after conversion

the conversion of the Organization converted to 31. December 1990 on a separate

Analytics account from the revaluation of foreign exchange assets and liabilities and

correlation on a separate analytical account in the chart of the Group of 23.



Settlement of the differences from the conversion of



§ 5



(1) overall differences from the conversion to 8. January 1990, and to 15. October 1990

the Organization shall notify to the 20. December 1990 the Federal Ministry of finance

in the form of a report conforming to the model in annex 3.



(2) the Federal Ministry of finance in agreement with the Federal Department of

foreign trade shall, before 31 December 2005. March 1991 each organization that

carried out the conversion, individual time limits for discharge of the profit balance

differences from the conversion, or for the balance of the differences of the loss of subsidy

the recount. The final settlement of the differences from the conversion to 8. January 1990, and to 15.

October 1990 will be done no later than the end of 1994.



§ 6



(1) after receipt of the decision of the Federal Ministry of finance

of the time limits for settlement of differences from the conversion in accordance with § 5 para. 2



and the balance of the differences shall be transferred profit) from the conversion to liabilities to the State

the budget,



(b) payments of the profit balance) will set out the amounts and time limits in the

According to § 5 para. 2 to the Government on behalf of Federal Ministry of

Finance no 1767-responsible gaming-001 at the Czechoslovak State Bank, Department of 254.



(2) the Loss balance differences from the conversion of amounts are converted in the Organization

According to the decision of the Federal Ministry of finance, in accordance with paragraph 1 to the

the claims against the State budget.



§ 7



(1) if the volume of profitable differences from the conversion of balances sufficient to

coverage differences from the conversion of balances losing, even in the event

the use of other sources of funding, the Federal Ministry of Finance shall be reduced

subsidies for all organizations with loss-making balance differences from the conversion of the same

as a percentage.



(2) the distinction between subsidies pursuant to § 7 para. 1 and losing balance differences from

convert equivalent of the organization no later than March 31. December 1993 to their

costs.



(3) Outstanding balance differences from the conversion loss, depending on the

the provisions of § 5 para. 2 the Organization shall transfer no later than 31 December 2006. December

1994 in their costs.



§ 8



Differences from the conversion, concerning paid claims and liabilities to

31 December 1990 and converted to 8. January 1990, and to 15. October 1990,

the Organization shall transfer from its venture fund or from the creation of a

the economic result at the ATP's separate account in the chart of

Group 23 (see § 3 and § 4 (3)), and depending on where you were

Exchange rate differences when financial remuneration for such receivables and Payables.



Final provisions



§ 9



Additional differences from the conversion to 8. January 1990, and to 15 October 1990

but not identified until 31 August. December 1994 the Organization settled

as follows:



-profit differences get drafted into the State budget of the Federation at the Special

the account of the Federal Ministry of finance pursuant to section 6,



-loss differences transferred to their costs.



§ 10



If the Organization přeúčtovala the difference of devaluation. the Crown on the

domestic customer, or a vendor, excludes the

claim or liability from the conversion to 8. January 1990 and 15. October 1990.



§ 11



Exceptions to this Decree authorizes the Federal Ministry of finance in the

agreement with the Federal Department of foreign trade.



§ 12



Posting guidelines for this conversion are given in annex 4.



section 13 of the



This Decree shall take effect on the date of publication.



Minister:



Ing. Klaus CSc. v.r.



Č. 1



For a LIST of



organizations that carry out the conversion to 8. January 1990



Artia and s.-Pragoexport and Prague-Prague

Centrotex a.s.-Prague Pragoinvest.-Prague

Ms. ceramics and s.-Skloexport and Prague-Liberec

Drevounia a. s. Bratislava and Slovart Bratislava

Exico and s.-Prague Strojexport a. s.-Prague

Ferromet Inc.-Prague Strojimport a.s.-Prague

Chemapol.-Prague Technoexport a.s.-Prague

Beads and s.-Jablonec nad Nisou Technopol and s.-Bratislava

Kerametal.-Bratislava Transakta PZO-Prague

Koospol and s.-Prague Čechofracht a.s.-Prague

Kovo PZO-Škodaexport and Prague-Prague

LIGNA and s.-Intersigma and Prague-Prague

Company merkuria PZO-Prague, Tesla Rožnov St. p.-Atlantic City

Metalimex a. s.-Prague Vitkovice a. s. Ostrava

Motokov and s.-Prague Prague ZSE.-Prague

Omnia and s.-Bratislava Martimex a. s.-Martin

OMNIPOL PZO-Prague Chirana Export-Import-k.ú.o.

Petrimex and s.-Bratislava, Piešťany



Č. 2



For a LIST of



organizations that carry out the conversion to 15. October 1990



Artia and s.-Prague Pragent.-Prague

Centrotex a.s.-Rephachem and Prague-Prague

Ms. ceramics and s.-Unifrux and Prague-Prague

Drevounia and s.-Bratislava-Prague, Zenit

Exico and s.-Prague Tradex, the zahr.

Ferromet Inc.-representation-Prague Prague

Chemapol.-Prague Incheba a. s. Bratislava

S r.o. and s.-Škodaexport and Prague-Prague

Beads and s.-Jablonec nad Nisou Intersigma.-Prague

Kerametal.-Bratislava Tesla Rožnov St. p.-Atlantic City

Koospol and s.-Vítkovice and Prague-Ostrava

Kovo PZO-ZSE Prague and Prague-Prague

LIGNA and s.-Prague Martimex a. s.-Martin

Company merkuria PZO-Prague Chirana Export-Import-k.ú.o.

Metalimex a. s.-Prague Piešťany

Motokov and s.-Prague Association of manufacturers and suppliers

Omnia and s.-engineering technology, Bratislava

OMNIPOL PZO-Prague-Prague interest association

Petrimex and s.-Bratislava-Brno, BVV PZO

Pragoinvest, and s.-Prague Čechofracht a.s.-Prague

Skloexport and s.-Liberec. a sea voyage, m.a.s.-

Slovart.-Bratislava, Prague

Strojexport a.s.-Prague Čs. business and industry Chamber of Commerce-

Strojimport a.s.-Prague Prague

Technoexport a.s.-Prague Inspekta.-Prague

Technopol. PZO Polytechna-Bratislava-Prague

Transakta PZO-Rapid and Prague-Prague

Art Center and s.-Prague-Prague Tuzex PZO

And it INTERAL-Prague Efektim-Prague

Intersim.-Prague

Media, Association-Prague

Mercanta.-Prague

Phoenix.-Prague



Č. 3



Organization

Reports on the conversion to 8. January 1990, and to 15. October 1990

(send the FMF, sam .odd. 25, do20 December 1990)

in Czech Crowns



+--------------------+---------------------------------------------------+-------------------+-------------------+------------+

| | the conversion to 8. January 1990 | conversion | total | |

| | | to 15. October 1990 | | |

| +---------------+-------------------+---------------+-------------------+-------------------+ |

| | VM + clearing | convertible ruble | total | VM + clearing | | |

| +---------------+-------------------+---------------+-------------------+-------------------+ |

| | a | b | c (a + b) | d | (e) (c + d) | |

| | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+


| Status of receivables | | | | | | |

| before recalculating the row 1 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+

| Status of receivables | | | | | | |

| After calculating row 2 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+

| The difference (2-1) round 3 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+

| State commitments | | | | | | |

| before recalculating the row 4 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+

| State commitments | | | | | | |

| After the recalculation of the round 5 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+

| The difference (4-5) 8-6 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+

| The difference in total | | | | | | |

| (6 + 3) 8-7 | | | | | | |

+--------------------+---------------+-------------------+---------------+-------------------+-------------------+------------+



Date: the head of the Organization: prepared by:

phone:

The result of the conversion to 8. 1. and 15. 10. the content of the field is determined by the 1990 7e

the + sign = exhaust

-= loss (request for grant)



Č. 4



The financial guidelines for the conversion of foreign currency assets and liabilities to the 8. January 1990, and to

15. October 1990



When accounting the financial settlement of the differences from the conversion of foreign currency

the assets and liabilities of the organization referred to in annex 1 and 2 of this order and

preparing their accounts according to the chart, and the chart of accounts for the economic

Enterprise No./13000/1989 as amended and accessories will be

proceed as follows:



§ 3 (1)). 3 of this Decree:



The balance of the differences between States, the foreign currency assets and liabilities before the revaluation, and

stocks of foreign exchange assets and liabilities revaluation converted organization to 31.

December 1990 on behalf of 292-revaluation of foreign exchange assets and liabilities (in the

analytical records of the "differences from the conversion of foreign currency assets and liabilities to the 8.

January 1990 ") and in correlation to a separate analytical account within the chart of

23 by the Group:



-profitable difference MD 23 x (D) 292

-lossy difference MD 292 (D) 23 votes



(b)) § 4 paragraph 2. 3 of this Decree:



The balance of the differences between States, the foreign currency assets and liabilities before the revaluation, and

stocks of foreign exchange assets and liabilities revaluation converted the Organization to 31.

December 1990 on behalf of 292-revaluation of foreign exchange assets and liabilities (in the

analytical records of the "differences from the conversion of foreign currency assets and liabilities to 15.

October 1990 ") and in correlation to a separate analytical account within the chart of

23 by the Group:



-profitable difference MD 23 x (D) 292

-lossy difference MD 292 (D) 23 votes



(c) section 6 (1)). 1 (b). and in this order:



The resulting profit from the conversion of the balance of the differences shall be transferred to the Organization

obligations towards the State budget Clearing account-858 others

liabilities and claims with the State budget and the budgets of the National Committee



accounting entry MD 292 (D) 858



(d) section 6 (1)). 1 (b). (b) of this order:



Profit balance in contributions set out the amounts and time limits to the State

the budget of the Organization shall be carried out on behalf of FMF no 1767-responsible gaming-001 for State

Bank of Czechoslovakia, 254 and be charged to the account of cash

resources



accounting entry MD 858 (D) 210



§ 6 paragraph 2 (e)). 2 of this order:



The resulting loss of the equivalent of the difference in the amounts specified by the

the FMF decision converts the Organization into the claims against the State budget

858-Clearing account other obligations and entitlements with State budget

and the budget of the National Committee



accounting entry MD 858 (D) 292



(f) section 7 (1)). 1 of this order:



The reduction of subsidies in accordance with the decision of the FMF proúčtuje organization



accounting entry MD 858 (D) 292



(g) section 7 (1)). 2 of this order:



Pay the amount of the loss-making differences from the conversion of converted Enterprise

no later than the specified date to the cost debited to the 379-

Other financial expenses



accounting entry MD 379 (D) 292



h) § 8 paragraph. 1 of this order:



Differences from the conversion of foreign currency assets and liabilities for claims that were

collected or for liabilities that were paid in the period 1. January 1990

until 31 December 2006. December 1990 and have been converted to 8. January 1990, and to 15. October

1990, converts from its venture fund, and from the economic

the result of the



-the organization that exchange rate differences when financial remuneration for such

receivables and liabilities transferred to the venture fund (for organizations

foreign trade directly controlled INTERNATIONAL TRADE risk fund was established under the

947 number according to the methodological guidelines to modify the accounts for the year 1990 No.

23/10089/90 of 17 September 1990. January 1990 issued by the MINISTRY OF INTERNATIONAL TRADE) by writing the



-in the case of the profit difference MD 947 (D) 23 votes

-in the case of loss of the difference MD 23 x D 947



-the organization that exchange rate differences when financial remuneration for such

receivables and Payables transferred to profit or loss on account of the 798-

Extraordinary income, respectively. 379-other financial expenses financial writing



-in the case of the profit difference MD 798 (379) (D) 23 votes

-in the case of loss of the difference MD 23 x D 798 (379)



ch) § 9 of this order:



Additional differences from the conversion of foreign currency assets and liabilities to the 8.

January 1990, and to 15. October 1990 the Organization settled accounts



-the differences from the conversion of MD 292 (D) 23 votes

or MD 23 x (D) 292

-prescription contribution obligations MD 292 (D) 858

-payment of the contribution obligations MD 858 (D) 210

-the transfer of loss-making a difference

in their cost of MD 379 (D) 292



I) coverage of losses from the conversion is posted



accounting entry MD 210 (D) 858