107/1991 Sb.
DECREE
the Federal Ministry of finance
of 8 March. March 1991,
implementing the Act 499/1990 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 § 4 and § 2 (2). 3 of Act No.
499/1990 Coll., on the conversion of foreign exchange assets and liabilities in the field
foreign receivables and Payables organizations in connection with the kursovými
measures, provides:
Introductory 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-28. December 1990 shall carry out the organizations referred to in
Annex 1.
§ 2
The conversion applies only to foreign receivables and Payables that registered on the
the chart of accounts of group 23.
The method of conversion and the differences from the conversion of
§ 3
(1) the basis for the recalculation to 28. December 1990, financial assets and liabilities
According to § 2 registered in the Organization to 31. December 1990.
(2) the conversion shall be made so that the value of receivables and liabilities in foreign
the currencies referred to in paragraph 1 shall be multiplied by the exchange rate. the Crown referred to in
kursovního Czechoslovak State Bank ticket valid to 31. December
1990.
(3) For the purposes of determining the differences from the conversion to 28. December 1990,
claims and liabilities referred to in paragraph 1 be divided into two groups:
and) receivables and Payables arising from the courses. Crown force to 14.
October 1990, including and
b) receivables and Payables arising from the courses. Crown force from 15.
October 1990 inclusive.
(4) differences from the conversion in the Group of claims referred to in paragraph 3 (b). and)
It is determined from the value of these receivables are calculated from values in Czech Crowns
in foreign currency, multiplied by the applicable rate of Exchange on 31 December Crowns December 1990,
subtracts the value of these receivables in foreign currency, multiplied by the exchange rate Czk
valid to 15. October 1990.
(5) differences from the conversion of receivables and Payables the group referred to in paragraph 3
(a). (b)) is determined from the value of these receivables and Payables in Czech Crowns
calculated from values in foreign currency, multiplied by the exchange rate Czk
31 December 1990, subtract the old Crown value of these receivables
and liabilities.
(6) differences from the conversion of the balance referred to in paragraphs 4 and 5 shall be transferred to the Organization
December 31, 1990 on a separate analytical account from the revaluation
foreign currency assets and liabilities and in correlation to a separate analytical account
the chart of the Group of 23.
(7) the balance of the differences from the conversion of the Organization will adjust (increase or decrease)
part of the currency differences arising as a result of the changes to the course in Czech Crowns 28.
December 1990 for receivables and Payables, which were financially compensated
the time from 28. December 1990 to the end of 1990. Increase or decrease the
differences from the conversion of balances is reflected in the risk fund organizations
or their financial results according to the method of accounting of currency
differences in the collection and payments.
Settlement of the differences from the conversion of
§ 4
(1) differences from the conversion to 28. December 1990 the organisation notifies to the 10.
February 1991 the Federal Ministry of finance in the form of information according to the
the model in annex 2.
(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. Financial settlement of the differences from the conversion to 28. December 1990
will be closed by the end of 1994.
§ 5
(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 § 4 para. 2
proceed as follows:
and the balance of the differences shall be transferred profit) from the conversion to liabilities to the State
the budget;
(b) the balance of the differences shall be transferred loss-making) from the conversion of a specified
by the decision of the Federal Ministry of finance to the claims against the
State budget.
(2) the profit balance produce the organization within the stipulated amounts and time limits
pursuant to section 4, paragraph 4. 2 to the Government on behalf of Federal Ministry of
Finance no 1767-7927-001 at the Czechoslovak State Bank, Department of 254.
§ 6
(1) if the total volume of profitable differences from the conversion of balances
be sufficient to cover the total loss balances from the
the conversion, even if the use of other sources of funding,
the Federal Ministry of Finance reduced subsidies to the same percentage of all
loss-making organisations balance the differences from the conversion.
(2) the difference between the subsidies granted under paragraph 1 and the loss balance
differences from the conversion of the Organization shall be transferred by 31. December 1993
to their costs.
(3) Outstanding balance differences from the conversion loss, depending on the
the provisions of § 4 para. 2 the Organization shall transfer no later than 31 December 2006. December
1994 in their costs.
Final provisions
§ 7
Additional differences from the conversion to 28. December 1990 at the latest
However, the established until 31 December 2006. December 1994, the Organization shall be 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 in accordance with section 5,
-loss differences transferred to their costs.
§ 8
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 28. December 1990.
§ 9
Exceptions to this Decree authorizes the Federal Ministry of finance in the
agreement with the Federal Department of foreign trade.
§ 10
Posting guidelines for this conversion are given in annex 3.
§ 11
This Decree shall enter into force on 1 January 2000. April 1991.
Minister:
Ing. Klaus CSc. v.r.
Č. 1
List of organizations that carry out the conversion to 28. December 1990
Artia a.s.-Prague
Centrotex a.s.-Prague
Ms. ceramic a.s.-Prague
Drevounia a.s.-Bratislava
Exico a.s.-Prague
Ferromet a.s.-Prague
Chemapol a.s.-Prague
Investa a.s.-Prague
Czech a.s.-Jablonec nad Nisou
Kerametal a.s.-Bratislava
Koospol a.s.-Prague
Kovo PZO-Prague
LIGNA a.s.-Prague
Company Merkuria PZO-Prague
Metalimex a.s.-Prague
Motokov a.s.-Prague
Omnia a.s.-Bratislava
OMNIPOL a.s.-Prague
Petrimex a.s.-Bratislava
Pragoexport a.s.-Prague
Pragoinvest, a.s.-Prague
Skloexport a.s.-Liberec
Slovart a.s.-Bratislava
Strojexport a.s.-Prague
Strojimport a.s.-Prague
Technoexport a.s.-Prague
Technopol, a.s.-Bratislava
Transakta PZO-Prague
Art Center a.s.-Prague
It INTERAL a.s.-Prague
Intersim a.s.-Prague
Media, Association-Prague
Mercanta a.s.-Prague
Phoenix a.s.-Prague
Pragent a.s.-Prague
Rephachem a.s.-Prague
Unifrux a.s.-Prague
Zenit-Prague
Tradex, Association for foreign representation-Prague
Incheba, a.s.-Bratislava
Škodaexport a.s.-Prague
Intersigma a.s.-Prague
Tesla Rožnov-Atlantic City
Ostrava-VÍTKOVICE a.s.
Efektim a.s.-Prague
Martimex a.s.-Martin
Chirana Export-Import k.ú.o.-Piešťany
Association of manufacturers and suppliers of engineering technique, interest association-
Prague
ZSE s.p. combined in liquidation-Prague
BVV PZO-Brno
Čechofracht a.s.-Prague
Ms. a sea voyage, m. a.s.-Prague
Czechoslovak Chamber of Commerce and industry-Prague
Inspekta a.s.-Prague
PZO Polytechna-Prague
Rapid a.s.-Prague
Tuzex PZO-Prague
Efektim-Prague
Č. 2
Reports of foreign exchange assets and liabilities is equivalent to 28. December 1990
(sent to the Federal Ministry of finance, sam .odd. 25)
Term: 10. February 1991
Organization:
in Czech Crowns
Claims and liabilities of
31. 12.1990, receivables and liabilities receivables and liabilities
incurred to the 14.10.1990 arising from 15.10.1990
a = (b + c) b c
The status of the claims before the round 1
the translation of the
Status of claims after the 8-2
recalculation of the
The difference (2-1) 5-3
Status of obligations before a row 4
the translation of the
The status of liabilities, r. 5
recalculation of the
The difference (4-5) 8-6
The sum of the differences (3 + 6) 9-7
Exchange rate differences of 5-8
(article 3 (7))
Differences in total (7 + 8) 8-9
Date: the head of the Organization: prepared by:
Phone:
The result of the conversion to 31. December 1990 is determined by the contents of the 9a
the + sign = exhaust
-= loss
Č. 3
The financial guidelines for the conversion of foreign currency assets and liabilities
to 28. December 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 of this order, and billing
According to the chart, and the chart of accounts for the economic
Enterprise No./13000/1989 of 3. 9.1989, as amended, and
Add-ins, follow these steps:
§ 3 (1)). 6:
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.
12.1990, on a separate analytical account to account 292-new awards
foreign currency assets and liabilities (in analytical records of the "differences from the conversion of
foreign currency assets and liabilities to 28. 12.1990 ') and shall be treated in correlation to the
a separate analytical account to accounts within the chart of 23 financial group
registration:
-profitable difference MD 23 x (D) 292
-lossy difference MD 292 (D) 23 votes
(b)) § 3 (1). 7: the adjustment for differences in balances of monetary assets and liabilities
on the part of currency differences proúčtovaných for claims that were
collected, and the commitments that have been paid during the period from 28. 12.1990
until 31 December 2006. 12.1990, accounted for the organisation:-adjustment of the profit difference MD
plus minus plus minus 23 times (D) 292-adjustment of loss difference MD plus
minus 292 (D) plus or minus 23 times
(c) the Organization performs at 31 December 2005). 12.1990, recalculation of all open items
foreign receivables and Payables without separate analytical
accounts, where they are posted, calculated from the crawling-peg devaluation devaluation to 8.
1.1990, 15. 10.1990 and 28. 12.1990. The difference between the recalculated status
open items in Czech Crowns (foreign currency exchange rate as of 31. 12.1990) and the status of
open entries before conversion (foreign currency exchange rate receivable was
or a commitment originally posted) cleared with a separate analytical
the account in the chart of the Group of 23.
After this settlement, the remaining balances on separate analytical
the accounts in the chart of a group of 23 converted to 947 account (risk Fund),
or economic outcome:
-profitable difference MD 23 x D 947 (379, 798)
-lossy difference MD 947 D 23 times (798, 379)
After this processing and clearing organization will have a file open
items of foreign claims and liabilities according to the status at 31. 12.1990
fully in accordance with the data in the General Ledger.
(d)) § 5 para. 1 (b). and):
Profit from the conversion of the balance of the differences shall be transferred to the Organization's obligations to
State budget Clearing account other commitments 858-and claims
State budget and the budget of the National Committee of financial writing
MD 292 (D) 858
e) § 5 para. 1 (b). (b)):
Loss balance differences from the conversion of the Organization into the receivables transferred
against a budget on behalf of 858-Clearing other commitments and
claims with the State budget and the budget of the National Committee of the accounting
registration of the
MD 858 (D) 292
(f) section 6 (1)). 1:
The reduction of subsidies in accordance with the decision of the FMF proúčtuje organisations, such as the reduction of
the claims against the State budget by the accounting officer by writing
MD-D-858 292
g) § 5 para. 2:
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 1767-7927-001 for the State
Bank of Czechoslovakia, 254 and be charged in cash account
accounting resource registration
MD 858 (D) 210
h) § 6 para. 2:
The difference between the granted subsidies and loss-making balance differences from the conversion of
converted the Organization to 31. 12.1993 to their costs and proúčtují
MD 379 (D) 292
ch) § 6 para. 3:
Pay the amount of the loss-making differences from the conversion of converted Enterprise
not later than 31 December 2006. 12.1994 into their costs and proúčtují
MD 379 (D) 858
I) section 7:
Additional differences from the conversion of foreign currency assets and liabilities to 28.
12.1990, the Organization settled and posted:
-the differences from the conversion of MD 292 (D) MD 23 x D 23 x or 292
-prescription contribution obligations profit difference MD 292 (D) 858
-payment of the contribution obligations profit difference MD 858 (D) 210
-the transfer of loss-making a difference in their costs MD 379 (D) 292
j) coverage of losses from the conversion of the accounting entry is posted MD 210 (D) 858
If the organization leads to) 947-risk fund account, after clearing
referred to in point (c)), and after the transfer of the calculated risks for exports on account
277-other reserves balance transfer account 947 to their economic
798-account extraordinary income.
