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
