400/2005 Sb.



The DECREE



of 22 March. September 2005,



amending Decree No 504/2002 Coll., which implements certain

the provisions of Act No. 563/1991 Coll., on accounting, as amended,

regulations for accounting units, in which the main subject of activity

is not a business, if the charge in the system of double-entry accounting, in the wording of the

amended



The Ministry of Finance shall determine in accordance with section 37b of the Act No. 563/1991 Coll., on the

accounting, as amended, (hereinafter the "Act") to

the implementation of § 4, paragraph 4. 8, section 24, paragraph. 4 and 5, and section 28, paragraph. 1:



Article. (I)



Decree No 504/2002 Coll., which implements certain provisions of the Act

No. 563/1991 Coll., on accounting, as amended, for the accounting

the units in which the main subject of activity is not a business, if

charge in the system of double-entry accounting, as amended by Decree No. 476/2003

Coll. and Decree No. 548/2004 Coll., is hereby amended as follows:



1. In section 7 paragraph 1 including the footnotes no 11b and 11 c:



"(1) the entry" A.I. intangible fixed assets total "includes in particular

intangible results of research and development, software, royalties, and

other intangible assets with a period of application of more than

one year and the amount of the valuation of designated accounting unit and in compliance with the

the obligations laid down by the law, in particular respect for the principle of

relevance and faithful and fair view of the assets. Time

usability is the period over which an asset is appropriate for

current or uchovatelný for further action or can serve as a

surface or part of upgradeable or other procedures and solutions

including the verification of intangible results. It also contains the emission allowances

emissions of greenhouse gases (hereinafter referred to as "Portage") ^ 11b)

regardless of the amount of the award, and other similar rights, in particular the individual

preferential quantities of milk production quotas, individual and individual

limit premium rights (hereinafter referred to as "the preferential limits") ^ 11 c) regardless of

the amount of the award; the first holder of the ^ 11 c) only in the case if the

the cost of obtaining information about their reproductive Unit Awards

the price of the nepřevýšily its significance.



11B) § 2 (2). 1 of Act No. 695/2004 Coll., on conditions for trading

greenhouse gas emission allowance trading scheme and amendment to certain laws.



11 c), for example, law No. 256/2000 Coll., on the State farm

the intervention of the Fund and on the amendment of certain other laws (the law on the State

the agricultural intervention fund), as amended by Act No. 128/2003 Coll.

Law No. 41/2004 Coll., Act No. 85/2004 Coll., Act No. 235/2004 Coll., and

Act No. 482/2004 Coll., regulation of the Government No. 244/2004 Coll., on the establishment of

the conditions for the application of near-levy in the milk and milk

products under the common organisation of the market in milk and milk products,

as amended by regulation of the Government No. 517/2004 Coll. and Decree-Law No 196/2005

Coll., laying down certain conditions for the implementation of premium rights for breeding

cows without market milk production, or for breeding ewes. ".



2. In article 7 (2). 6 at the end of the sentence, the words "in particular the emission allowances

emissions and the preferential limits, regardless of the amount of the award ".



3. Footnote 18 is added:



"18) § 81 of Act No. 235/2004 Coll., on value added tax, as amended by

Act No. 635/2004 Coll. ".



4. In section 15 paragraph 2 is added:



"(2) the heading" (B). II. 15. Accounts receivable from futures operations and options "

contains the claim resulting from the underlying solid futures

operations with financial instruments, respectively, changes in the fair value of these

instruments, if they have the nature of the claim. ".



5. In section 15(2). 4, the last sentence shall be deleted.



6. In section 18 paragraph 3 reads:



"(3) the item" A.I. 3. Revaluation of financial assets and

the commitments "contains in particular valuation differences in application of real

the value and appreciation of equivalences for securities and shares and the valuation

the differences in the application of the fair value of the derivative that provides the expected

the cash flows. In the case of the balance of this item is reported in

liabilities (balance) in negative value. ".



7. In article 24, paragraph 3 reads:



"(3) the item" URB.III. 16. Liabilities from futures operations and options "

contains the obligations arising from the underlying solid futures

operations with financial instruments, respectively, changes in the fair value of these

instruments, if they have the nature of an obligation. ".



8. In section 24, paragraph. 4, the last sentence shall be deleted.



9. In section 26, paragraph. 5 at the end of the letter h) added the sentence "also includes

preferential consumption levels and consumption allowances. The consumption of

the preferential limits and allowances on the issue is reported regardless of the

their subsequent disposal ^ 27a). ".



Footnote No. 27a:



"27a) section 12 of Act No. 695/2004 Coll., on conditions for trading

greenhouse gas emission allowance trading and amending some laws. ".



10. In section 27, at the end of paragraph 7, the following sentence "the Return of the acquisition

the preferential limits and allowances to emissions of the first holder or

the operator is charged and treated as a grant in the amount of

valuation of replacement cost. Valuation allowances and

the preferential limits, free of charge, acquired the first operator ^ 11b)

or ^ 11 c) is reduced by the amount posted for the benefit of

the relevant account posting group 34. When the consumption, sale, or other

the loss of these assets with corresponding to the amount posted for the benefit of

the relevant account posting groups 34 posts to the appropriate revenue accounts in the

substantive and temporal context with the costs. ".



11. In section 30, paragraph. 1 at the end of the letter w) added the sentence "Further accounting

the unit shall be marked on the individual reference quantity of milk ^ 11 c),

individual production quota ^ 11 c), an individual limit premium

^ rights 11 c), and other similar quotas and limits, on which the Court of

the unit did not place on the balance sheet accounts, because neither of the result

the cost of obtaining information about their reproductive cost

exceeded its significance. "



12. In section 32, paragraph. 1 (f)):



"(f) the disposal of existing buildings) or their parts as a result of the new

the construction. The net price of the discarded buildings or their parts and costs

on the disposal forms part of the cost of new construction, ".



13. section 34 including title:



"§ 34



Valuation differences in the application of the fair value and the valuation by equivalents for

Securities and shares



(Section 4, paragraph 8, and section 27 (6) of the Act)



(1) changes in the fair values of the securities, which are held for the purpose of

execution of transactions on the public market, such as domestic or

Foreign Exchange, with the aim of achieving a profit from price differences on the public

the market in the short term, are charged as expense or income.



(2) Changes in the fair value of other securities valued at fair

the value of the (securities) are accounted for by

balance sheet accounts in the chart of a group of 92. If it is proved that there was a

permanent impairment (depreciation) of these securities, which is

probably permanent, depreciation without undue delay

to the relevant expense accounts. The amount of depreciation corresponds to the positive

the difference between the valuation of the securities in the acquisition and existing

fair value, taking into account previous losses from devaluation.

If you subsequently after posting depreciation through expense accounts

will increase over the fair value of available for sale

debt securities, is the increase in the real value of the posted maximum

of the posted depreciation according to the previous sentence on sales accounts.



(3) changes in the valuation of securities and investments valued at market share

equity (equivalences) are accounted for by the balance

the accounts in the chart of the Group 92. ".



14. section 35, including the title:



"§ 35



Valuation differences in the application of the fair value of hedging derivatives



(Section 4, paragraph 8, and section 27 (6) of the Act)



(1) changes in the fair value of the derivative, which ensures the fair value

a balance sheet asset or liability, are charged as expense or income.

The change in the fair value of the secured balance sheet asset or liability of the

the title of the specific risks will be charged through the accounts of the costs and

the proceeds.



(2) changes in the fair value of the derivative that provides the expected cash flows

are accounted for by the balance sheet accounts in the chart of a group of 92. To

costs or revenues are accounted for in the same periods, when they are

posted cost or revenue associated with the supplied items.



(3) the derivative is considered to be the lock only if it meets the

the following terms and conditions:



and at the beginning of the) the hedge relationship is formally documented,



(b)) to ensure is effective,



c) efficiency is reliably measurable and continually assessed.



(4) the dossier is the accounting record and contains the identification of the

hedged items and hedging derivatives, the precise definition of the risk

that is the subject of the collateral, the method of calculation of efficiency. Ensure it is

effective if at the beginning of and during the course of the hedging relationship is the ratio

between changes in fair values or cash flows of hedged items from
the title of the hedged risk and the changes in fair values or cash

flows of the hedging derivative corresponding to the provided risk in

an interval of 80%-125%. The entity to determine whether the collateral is

effective at the beginning of the collateral and at least at the time of Assembly

of the financial statements.



(5) no longer fulfils the conditions referred to in paragraph hedging derivative 3,

posts about him from this point as a derivative trading.



(6) for the derivative does not constitute a contractual relationship, whose subject is the acquisition,

the sale or use of a commodity and expected to comply with the delivery

commodities. ".



15. § 36 including title:



"§ 36



Valuation differences in the application of the fair value of derivatives held for trading



(Section 4, paragraph 8, and section 27 (6) of the Act)



Changes in the fair value of derivatives intended for trading, which are

derivatives that do not meet the conditions laid down in § 35 paragraph. 3 and 4, the

accounted for as an expense or revenue. ".



16. § 36a including title:



"§ 36a



Valuation differences in the application of the fair value of receivables, which

the accounting unit acquired and designated to trading



(Section 4, paragraph 8, and section 27 (6) of the Act)



Changes in the fair value of the debt, which the accounting unit acquired and identified

to trading, are charged as expense or income. "



17. In section 39 at the end of subparagraph (f)) is replaced by a comma and dot is added

the letter g) is added:



"g) emission allowances and preferential limits.".



18. In § 42 paragraph. 3, the first sentence shall be replaced by the phrase "exchange rate differences of

Securities and investments are the valuation at the end of the balance sheet date or

Another point, which is drawn up the financial statements, part of

fair value or valuation by equivalents, regardless,

whether it is charged at the profit and loss account or in equity ".



19. in annex No 1 item name A.I. 3. liabilities: "valuation differences from the

revaluation of financial assets and liabilities ".



20. in annex No 1 the name of the item (B). II. 15. assets: "the Claims of the

fixed term operations and options ".



21. in annex No 1 item name URB.III. 16. liabilities: liabilities of

fixed term operations and options ".



Article II



The transitional provisions of the



For accounting for preferential stakes acquired in the accounting period,

preceding the accounting period of the započatému in 2006, the

business unit accounting methods that were used in their acquisition, and

until their disposal regardless of the entry into force of this

the Decree.



Article. (III)



The effectiveness of the



This Decree shall take effect on 1 January 2005. January 1, 2006.



Minister:



MSC. in r. Sobotka.