Following the adoption of Law 39/1988 of 28 December, regulating local farms, an important process of reform was initiated in the accounts of local authorities and their autonomous bodies, which was translated into a radical change in the keeping of accounts when the traditional simple starting method with the double-departure method is completed, with the obligation to apply a General Plan of Accounts in accordance with the General Accounting Plan Public (hereinafter PGCP).

In order to minimize the greater complexity that the new accounting system incorporated in the management of local entities with a smaller dimension in their economic-financial activity, the Law 39/1988 itself, in its article 184.2, Opened the door to a simplified accounting treatment for local entities with a population of less than 5,000 inhabitants, entities that could be found in principle in worse conditions to be able to take on the challenge assumed the new regime to be implemented.

The effective implementation of this new accounting system was carried out from the 1992 financial year, using two models: the so-called "normal model" and the "simplified model", to which reference has been made. The Ministry of Economic Affairs and Finance of the Ministry of Finance, dated 17 July 1990, approved the respective Accounting Instructions: Accounting Instruction for Local Administration, for the "model". normal ", and Accounting Instruction for simplified special treatment for entities local areas with a population of less than 5,000 inhabitants, in the case of the "simplified model". Each of these two Accounting Instructions incorporated, in an Annex, the Accounting Plan applicable by the entities that were subject to the model in question, "normal" or "simplified", in the two cases of a Contable Plan that assumed an adaptation of the version of the PGCP, which was approved by Resolution of 11 November 1983, of the General Intervention of the State Administration.

The experience gained in the implementation of the new accounting system highlighted the lack of adequacy of the "simplified model" to the real needs of smaller local entities due to, fundamentally, to the lack of personal and material resources that were presented in the same for the keeping of the accounting. This circumstance required a rethink in the design of models that had been established, with the need to enable a much simpler accounting treatment for the type of entities mentioned. For these purposes, Law 13/1996 of 30 December 1996 on fiscal, administrative and social order measures, amended Article 184.2 of the Law on Local Government Law, in order not to limit the simplified treatment to a single model, leaving the definition of the parameters that would determine simplification for their regulatory development by the Ministry of Economy and Finance.

In addition, in 1994, and through the Order of 6 May of the Ministry of Economy and Finance, a new PGCP came to replace the 1983 PGCP, which required a review of the different accounting rules that were based on the latter.

The revision of the accounting regulations for the Local Administration of 1990 occurred in the year 2004, articulating through three accounting models that came to replace the two previously existing, with their effective implementation for the financial year 2006. These three models were regulated in the following provisions:

-Instruction of the normal local accounting model, approved by Order EHA/4041/2004, of 23 November.

-Instruction of the simplified local accounting model, approved by Order EHA/4042/2004, dated November 23.

-And, finally, Instruction of the basic local accounting model, approved by Order EHA/4040/2004, dated November 23.

The scope of the three models was defined according to two variables representing the size of the local authorities: the population and the amount of its budget, and not only the population as it was traditional.

As in the case of the 1990 Instructions, the new instructions for the 'normal model' and the 'simplified model' of local accounting for 2004 incorporated, as an Annex, the Accounting Plan applicable to them. entities subject to the model in question, the same being an adaptation of the 1994 PGCP version, to which reference has previously been made.

With the emergence in 2010 of a new PGCP, approved by Order EHA/1037/2010, of April 13, a new stage of the accounting of public administrations is entered into the substantial differences regarding the Previous PGCP, both in terms of the conceptual framework of the accounting, and in the standards of recognition and valuation, presenting special relevance the ones that are given in the content of the "annual accounts".

This new PGCP, which in the single article of the Order EHA/1037/2010 itself is classified as "framework accounting plan for all public administrations", requires a revision of the accounting rules of application to the local entities and their autonomous bodies. Taking into account that the accounting rules cover the three models mentioned above: 'standard model', 'simplified model' and 'basic model', it was analysed to what extent each of these models was affected by the emergence of the new PGCP. In the case of "normal" and "simplified" models, since both are based on the 1994 PGCP through the appropriate adaptation of the same designed according to the accounting subjects to which it is addressed, it is necessary to carry out updating of the regulations that regulate them, in a way that meets the requirements of the PGCP of 2010.

However, in the "basic model", where the single item was chosen as the only method of registration, given the doses of simplicity in which it moves, there is no adaptation of the 1994 PGCP equivalent to those foreseen for the 'normal' and 'simplified' models, limiting the regulation of such a model to the establishment of a registration procedure which, as simple as possible, allows for the obtaining of accounting information with sufficient relevance for the institutions which is addressed by that model.

Therefore it has been considered convenient to maintain its simplicity, preserving its current regulation, and incorporating changes of a purely formal nature such as the adaptation of the Instruction of Accounting to the terminology The budget is based on the budgetary structure of the budget of the local authorities, and the adjustment of the structure of the cash balance to which it presents the size of the budget. new "normal" and "simplified" models.

This Order aims to update the accounting rules corresponding to the "simplified model"; that is to say, the updating of the simplified model of local accounting, approved by Order EHA/4042/2004 of 23 November for the purpose of such a rule to provide for the accounting solutions set out in the 2010 PGCP and to amend certain formal aspects of the Instruction of the local basic accounting model, approved by Order EHA/4040/2004 of 23 November.

As it cannot be otherwise, the update of the "simplified model" should be harmonised with the update of the "normal model", so, as for the latter, a new Accounting Instruction has been developed, since they are also transferable to the "simplified model" the motivations that led to action in this way in the case of the "normal model":

-The scope of the news that is incorporated in the PGCP of 2010 in relation to the year 2004.

-The desirability of homogenizing the content of the accounting regulations of the different public administrations, when such regulations emanate from the Ministry of Finance and Public Administrations. This homogenization translates into the coherence of the new Local Accounting Instruction with the Accounting Instruction for the General Administration of the State, approved by Order EHA/30 67/2011 of 8 November, and with the Instruction of Accounting for the Institutional Administration of the State, approved by Order EHA/2045/2011, of July 14.

-The removal of those contained in the previous Accounting Instruction which, in some way, are already developed in the Simple Local Accounts Plan annexed to the Instruction.

The Accounting Instruction that is now approved replaces and repeals the one approved by Order EHA/4042/2004 of 23 November, and, in accordance with the provisions of Article 1 of this Order, will apply to the entities premises, their autonomous bodies, local commercial companies and local business public entities, in the terms that are set out in the Instruction itself.

In Article 2 of the Order the modifications of the Instruction of the basic model of local accounting cited in previous paragraphs are regulated.

In addition, this Order includes three transitional provisions, a derogation provision and a final provision.

The transitional provision first regulates the process of opening the accounting for the financial year 2015 with the new Simplified Local Accounts Plan setting out the criteria to be adjusted for this process:

-Transfer to the accounting for the financial year 2015 of any and all balances that would have been reflected in the closure of the accounting for the financial year 2014.

-Ban on incorporating balances other than those mentioned in the previous paragraph.

-Imputation of such balances according to the accounts of the new Simplified Local Accounts Plan, which is based on the PGCP of 2010 and which is attached to the Instruction that is approved.

-Realization of adjustments, once made the opening of the accounting year 2015, to reflect all assets and liabilities not collected in the said seat whose recognition is required by the Plan of Simplified Local Accounts. In addition, adjustments shall also be made to discharge all items (assets and liabilities) whose recognition is not permitted by the same and which, as a result of the existence of accounting balances at the end of the financial year 2014, have been reflected in the opening of the 2015 accounting.

-As an exception to this process, it is possible not to incorporate in the accounts of 2015 the infrastructures, the assets of the historical patrimony and other existing assets in the entity with prior to that exercise, that they were not activated by virtue of the provisions of the previous Simplified Local Accounts Plan.

-All assets shall be valued for their accounting values as at 31 December 2014, with some exceptions.

-A guide to facilitate the opening of the accounts by 1 January 2015 shall be drawn up by the General Intervention of the State Administration.

In the second transitional provision, certain specialties are established in the annual accounts for the financial year 2015, as a consequence of being the first of the financial years for which the new Local Accounts Plan will apply. Simplified. Thus, it is established that, in those accounts, the figures for the previous financial year or years should not be included in all those states which include comparative information, including an additional note in the memory of these annual accounts, for the purpose of clarifying the process of transition from accounting for the financial year 2014 to that of the financial year 2015; this additional note (number 21) should contain:

-A state of reconciliation showing the correspondence between the balances collected at the opening of the accounts for the financial year 2015 and those which had been included in the closing of the accounts accounting for the financial year 2014.

-The balance sheet, the account of the economic-wealth income and the Treasury Remainer included in the accounts for the financial year 2014, for the purpose of supplying the comparative information which, as already stated, is excluded from the accounts year 2015.

-A description of the accounting adjustments that occur in compliance with the provisions of the first transitional provision mentioned above, in order to clarify the reasons that have led to their realization.

The third transitional provision states what the accounting rules should be to apply in the preparation and accountability for exercises prior to 2015.

The single derogation leaves all those rules of equal or lower rank in what they object, contradict or incompatible with the provisions of the new Accounting Instruction, without effect, expresses the Instruction of the simplified local accounting model approved by Order EHA/4042/2004 of 23 November.

Finally, the single final provision provides for the entry into force of this Order on 1 January 2015.

This Order complies with the mandate contained in Article 203 of the Recast Text of the Local Government Law, approved by Royal Legislative Decree of 5 March, which sets out in paragraph 2 (a) to be the subject of simplified accounting treatment for local entities whose characteristics so require and which will be regulated by the Minister of Finance (today of Finance and Public Administrations). In addition, paragraph 1 of that article attributes the powers for the regulatory development in the field of accounting to that Minister, on a proposal from the General Intervention of the State Administration, stating that it will be up to him:

(a) Approve the general accounting rules to which the organisation of the accounts of local authorities and their autonomous bodies will have to be adjusted.

b) Approve the General Accounts Plan for local entities, according to the PGCP (in the case of the "simplified model" such a Plan is the so-called Local Accounts Plan).

c) Set the books that, as a rule of thumb and mandatory, must be carried.

d) Determine the structure and justification of accounts, statements and other documents relating to public accounting.

Consequently, and in use of the powers that this Ministry grants to this article, on a proposal of the General Intervention of the State Administration, prior to the favorable report of the National Commission of Local Administration and according to the State Council, I have:

Article 1. Approval of the Local Accounting Simplified Model Instruction.

The Instruction of the simplified local accounting model that is inserted as Annex I of this Order is approved.

Such instruction shall be applied by local entities, their autonomous bodies, local commercial companies and local business entities, in terms of their rule 1.

Article 2. Modification of the Instruction of the Basic Local Accounting Model approved by Order EHA/4040/2004 of 23 November.

The Instruction of the basic local accounting model approved by Order EHA/4040/2004, dated 23 November, is amended in the following terms:

One. The expressions relating to the budgetary structures of expenditure shall be understood to be replaced by their equivalents in accordance with the terminology of Order EHA/3565/2008 of 3 December 2008 approving the structure of the budgets of the local entities.

Two. Paragraph 7 of Rule 27 "Information on budgetary implementation" is amended to read as follows:

" 7. The Remainder of the Treasury is obtained as the sum of the liquid funds plus the receivables, deducting the outstanding obligations and adding the outstanding items of application, in accordance with the following criteria:

(a) Your quantification shall be performed from the data that is reflected in other parts of the Account of the local entity at the end of the financial year.

(b) The liquid funds shall be made up of the amount shown as the final balance of the Treasury in the "Treasury Information" set out in Rule 28.

(c) The rights to be charged shall include:

c.1) The rights to be recovered from the current budget. Your amount will be the total of the outstanding fees as of December 31, which is obtained in the "Income Budget Settlement" referred to in Rule 26.

c.2) Rights to be recovered from closed budgets, the amount of which shall be the total of the rights to be charged at 31 December in the information on "Rights to be charged from closed budgets" refers to paragraph 4 above.

c.3) The rights to be charged for non-budgetary transactions. The amount shall be obtained from the information on 'Non-budgetary operations of a debtor nature' as set out in Rule 30 (2), by accumulating the amount of the balance outstanding at 31 December corresponding to the different concepts which appear in the information referred to above, with the exception of the balance shown in the "Pending payments for implementation" concept.

(d) Pending payment obligations shall include:

d.1) The outstanding obligations of the current Budget. The amount shall be the total of the outstanding obligations of payment as at 31 December, which is shown in the 'Expenditure Budget Settlement' to which mention has been made in Rule 26.

d.2) The outstanding obligations for the payment of closed budgets, the amount of which will be the total of the outstanding obligations of payment as of 31 December, which appear in the information on "Obligations of closed budgets" referred to in paragraph 3 above.

d.3) The outstanding obligations for non-budgetary transactions, the amount of which shall be determined by the sum of the following amounts:

-The cumulative amount of the outstanding balance at 31 December corresponding to the different concepts contained in the information on 'Non-budgetary operations of a creditor nature' as set out in paragraph 3 of Rule 30, with the exception of the balance shown in the concept of "Pending application".

-The outstanding balance at December 31 for '' Treasury Operations '' listed in the '' Debt Information '' referred to in Rule 29.

e) In the outstanding items of application, they shall be distinguished:

e.1) The amounts charged that at the end of the year are pending application because the appropriate imputation has not been carried out according to the nature of the income to which they correspond. The amount, which shall be obtained from the information on 'Non-budgetary operations of a creditor nature' as set out in Rule 30 (3), shall be the amount corresponding to the balance outstanding at 31 December in the concept of ' application pending ".

e.2) The amounts paid for which at the end of the year are pending for implementation because they have not been properly imputed to the budget. The amount, which shall be obtained from the information on "non-budgetary operations of a debtor nature" referred to in Rule 30 (2), shall be the amount corresponding to the balance outstanding at 31 December which is included in the "Payments pending application".

f) The Remainder Of Treasury calculated as indicated in the above headings shall constitute the Total Treasury Remover.

The Treasury Remover available to finance general expenses will be determined by minoring the Total Treasury Remover in the amount of the receivables that are considered difficult or difficult to exercise at the end of the year. impossible collection and in excess of affected funding produced.

The determination of the amount of the rights outstanding at 31 December, difficult or impossible to collect, will be made in accordance with the criteria set out in Article 103 of the Royal Decree 500/1990, of 20 of April, for which the first Chapter of the Sixth Title of the Law on Local Government of Budgets is developed. The information relating to the Treasury Remainer shall specify the criteria adopted by the entity to quantify the rights to be collected for difficult or impossible recovery.

The total amount of the excess financing concerned referred to in Rule 15 (6) shall be obtained from the information relating to 'Resources concerned' as set out in paragraph 6 of this Rule, the amount of positive cumulative funding deviations that would exist at the end of the year for the various contributions that the institution would have received for the financing of specific expenditure. '

Three. The Annex "Models of the Account of the Local Entity" is amended in the terms set out in Annex II to this Order.

First transient disposition. Opening of the accounting for the financial year 2015.

1. Entities applying the Instruction of the simplified local accounting model approved by this Order shall hold the accounting opening seat for the financial year 2015 in accordance with the following criteria:

(a) Each and all balances that have been reflected in the closing seat of the accounting year 2014 shall be collected, and no other balances shall be included on the margin of those balances.

(b) These balances shall be attributed to the accounts that correspond to the development that is collected in the Simplified Local Accounts Plan annexed to that Instruction.

2. Once the opening of the accounting for the financial year 2015 has been made, the necessary adjustment seats shall be made so that, by 1 January 2015, all assets and liabilities the recognition of which requires the mentioned Local Accounts Plan, and all items (all assets and liabilities) whose recognition is not allowed by the same are lowered.

However, the infrastructure, the assets of the historical assets and other assets existing in the entity prior to 1 January 2015, which were not activated by virtue of the provisions of the A simplified Local Account Plan may not be incorporated into the asset where its assessment cannot be performed reliably.

3. All assets shall be valued for their book value at the end of the financial year 2014, with the exception of financial assets that are classified under the 'Fair value with change in results' category that is value for their fair value on 1 January 2015.

For the calculation of the effective interest rate it shall be taken as the initial reference date of 1 January 2015.

Also, investments in the assets of public law entities prior to 1 January 2015 shall be valued, in cases where the book value corresponding to their cost cannot be established, by the value of the recoverable from the same on that date, for which determination, except better evidence, shall take into account the equity of the investee corrected by the unspoken capital gains on the date of the valuation.

4. The General Intervention of the State Administration shall draw up a guide to facilitate the opening of the accounts on 1 January 2015. This guide will be published on the website of the Budget Administration on the Internet (www.pap.minhap.gob.es).

Second transient disposition. Information to be included in the annual accounts for the financial year 2015.

The annual accounts provided for in the Simplified Local Accounts Plan for the financial year 2015 shall be drawn up taking into account the following:

1. They shall not be reflected in the balance sheet, in the account of the financial assets or in other states that include comparative information, the figures for the previous financial year or years.

2. An additional note with the following content will be included in the memory:

2.1 Aspects of the transition to new accounting standards.

For the purpose of clarifying the process of transition from accounting for the financial year 2014 to that of the financial year 2015, the following information shall be provided:

1. A state of reconciliation showing the correspondence between the balances collected at the opening of the accounts for the financial year 2015 and those which had been included in the accounts for the accounting year of the financial year 2014.

2. The balance sheet, the account of the economic-wealth income and the Treasury Remainer included in the accounts for the financial year 2014.

3. A description of the adjustments made in compliance with the provisions of paragraph 2 of the previous transitional provision, indicating for each of them:

-Identification of the seat.

-Reason for its realization.

-Accounting criteria applied for the accounting year 2015 and differences with those applied in the previous financial year.

-Quantification of the impact on the entity's net worth of changing accounting criteria.

-Any other circumstances that are considered relevant to clarify the performance of the seat.

Transitional provision third. Training and accountability for exercises prior to 2015.

The training and accountability of exercises prior to 2015 shall be in accordance with the rules laid down in the Local Accounting Instruction that would have been applied in the relevant financial year.

Single repeal provision. Regulatory repeal.

Any provisions of equal or lower rank shall be repealed, contradicted or inconsistent with the provisions of this Order and the Instruction that it approves, and in particular the Instruction of the simplified model Local accounting approved by Order EHA/4042/2004 of 23 November.

Single end disposition. Entry into force.

This Order shall enter into force on 1 January 2015.

Madrid, 20 September 2013.-The Minister of Finance and Public Administration, Cristobal Montoro Romero.

ANNEX I

Local Accounting Simplified Model Instruction

INDEX

Title I. General principles of the simplified Local Accounting model.

Chapter I. General Principles.

Rule 1. Scope of application.

Rule 2. Accounting entities.

Rule 3. Obligation to render accounts.

Rule 4. Accounting year.

Rule 5. Accounting model.

Rule 6. Application of the Simplified Local Accounts Plan.

Rule 7. Application of the General Public Accounting Plan adapted to the local administration.

Rule 8. Recipients of the accounting information.

Chapter II. Competencies and functions.

Rule 9. From the Plenum of the Corporation.

Rule 10. From the Intervention of the local entity.

Rule 11. From the General Intervention of the State Administration.

Title II. From the simplified accounting information system model for Local Administration.

Chapter I. General Rules.

Rule 12. Definition.

Rule 13. Object.

Rule 14. Finnish.

Rule 15. Computer configuration of the System.

Rule 16. Support for accounting records.

Chapter II. Accounting areas of special importance.

Section 1. Th Credit Remnants.

Rule 17. Tracking and accounting control of credit remnants.

Rule 18. Initial credit holdovers.

Rule 19. Rectification of credit balances.

Rule 20. Certification of existence of credit remnants.

Rule 21. Non-embeddability of credit holdovers.

Section 2. Expense Projects.

Rule 22. Concept.

Rule 23. Structure.

Rule 24. Legal linkage.

Rule 25. Accounting monitoring and control of expenditure projects.

Section 3. Expenditure with financing affected.

Rule 26. Concept.

Rule 27. Structure.

Rule 28. Monitoring and accounting control of expenditure with affected funding.

Rule 29. Coefficient of funding.

Rule 30. Funding deviations.

Section 4. Administration of resources on behalf of other public entities

Rule 31. Delimitation.

Rule 32. Relationships between the managing body and the resource holder.

Rule 33. Accounting treatment of operations relating to resources administered by another public entity in the managing body.

Rule 34. Accounting treatment of resource management operations on behalf of other public entities in the incumbent.

Title III. From the data to be incorporated into the system.

Chapter I. Justifies of operations.

Rule 35. Justification.

Rule 36. Means of justification.

Chapter II. Incorporating data into the system.

Rule 37. Support for accounting annotations.

Rule 38. Authorization.

Rule 39. Reason.

Chapter III. Archive and conservation.

Rule 40. Archiving and preservation of supporting documents for the operations and supports of the accounting records.

Rule 41. Conservation of accounting records.

Title IV. From the information to be obtained from the system.

Chapter I. General Rules.

Rule 42. Types of information.

Rule 43. Information support.

Rule 44. Guarantee of accounting information.

Chapter II. The general account of the Local Entity.

Section 1. Content.

Rule 45. Delimitation of the General Account.

Rule 46. The Account of the local entity itself and the Account of the Autonomous Bodies.

Rule 47. The annual accounts of the commercial companies and the business public entities that are dependent on the local entity.

Section 2. Training.

Rule 48. General Account Training.

Rule 49. Supplemental documentation.

Section 3. Approval

Rule 50. Approval of the General Account.

Section 4. Section Accountability.

Rule 51. Storytellers.

Rule 52. Surrender procedure.

Chapter III. Other accounting information.

Section 1. Regular Information for the Corporation's Plenary Session.

Rule 53. Elaboration.

Rule 54. Content.

Section 2. Advancement Of Current Budget Settlement.

Rule 55. Elaboration.

Rule 56. Content.

Rule 57. Part 1: Clearance of the budget referred to at least six months from the year.

Rule 58. Part Two: Estimate of the settlement of the budget as at 31 December.

Section 3. Information for internal management and control organs.

Rule 59. Information for the internal management and control bodies.

Section 4. Information for other Public Administrations

Rule 60. Information for other Public Administrations.

ANNEX

SIMPLIFIED LOCAL ACCOUNT PLAN

Law 39/1988, of December 28, regulating local farms, today recast in the text approved by Royal Legislative Decree of 5 March, was the starting point of the process of normalisation of the accounting, and a profound transformation of the accounting regime in force until then, regulated in the Accounting Instruction of the Local Corporations annexed to the Local Government Regulations of 4 August 1952.

The Law established the general lines of the accounts of the local authorities, attributing to the Ministry of Economy and Finance its normative development, which should include a simplified accounting treatment for the small local entities.

This normative development was carried out through two Orders of the Ministry of Economy and Finance of 17 July 1990, for which the Accounting Instruction for Local Administration and the Instruction of Accounting for simplified special treatment for local territorial entities with a population of less than 5,000 inhabitants.

Although in its original wording the Law of Local Government of Local Government imposed, in Article 184.2, the establishment of a simplified accounting treatment for local entities of territorial scope with population less than 5,000 inhabitants, the last wording of the precept cited, given by Law 13/1996, of 30 December of fiscal, administrative and social order measures and taken up in Article 203.2 of the recast of the Law on the Local farms, which allows the development of simplified accounting rules for institutions local without exclusively complying with that population limit, allowing for the establishment of several simplified models, and even for the use of criteria other than the purely population.

The approval of the General Plan of Public Accounting, by Order of the Ministry of Economy and Finance of 6 May 1994, and the need to simplify, as far as possible, the accounting of smaller local entities required the reform of the local accounting system, adapting the Local Accounts Plans to the General Public Accounting Plan of 1,994 and establishing, alongside the standard and simplified models, the basic local accounting model.

This accounting reform was carried out through the orders EHA/4041/2004, 4042/2004 and 4040/2004, dated 23 November, which approved, respectively, the Instructions of the Normal, Simplified and Basic Local Accounting models. which began to be implemented on 1 January 2006.

With the approval of a new General Public Accounting Plan (PGCP), by Order EHA/1037/2010, of April 13, changes the obligatory referent of the Local Accounts Plans, which by legal mandate must be in conformity with the PGCP.

The PGCP of 2010 is adapted to the International Standards applicable to Public Sector Accounting, prepared by the International Federation of Accountants (IFAC), through the International Accounting Standards Board for the Public Sector (IPSASB). In addition, the PGCP takes as a model the General Accounting Plan for the company, approved by Royal Decree 1.514/2007, of 16 November, with the own specialties of the public sector entities to which it is addressed.

Like the Instruction of the normal model of local accounting, this Instruction presents great similarity with its predecessor of 2004, although it is rather shorter, as a consequence of its alignment with the content of the Accounting Instruction for the Institutional Administration of the State, approved by Order EHA/2045/2011, of July 14.

This Instruction is configured as a complete rule, thus avoiding having to go to two normative texts (the Instruction of the simplified model and the normal model).

It can be said that the instructions for the normal and simplified local accounting models are almost identical, differentiating themselves only in those rules related to the scope of simplification, such as those which regulate the implementation of the Simplified Accounts Plan, the extra-age of the General Accounting Plan adapted to the local administration, the operations to be recorded in the simplified model or the annual accounts to be drawn up.

From the formal point of view, the wording of this Instruction has been to avoid superfluous reiterations of precepts contained in other norms.

The structure and content of this Instruction are discussed below:

The Local Accounting Normal Model Instruction is divided into four Titles and an Attachment, and the Titles, in turn, in Chapters and these, sometimes, in Sections:

-Title I "General principles of the simplified local accounting model".

-Title II "Of The Simplified Model of Accounting Information System for Local Administration".

-Title III "Of the data to be incorporated into the system".

-Title IV "Of the information to be obtained from the system".

-Annex "Simplified Local Account Plan".

Title I "General Principles of the Simplified Local Accounting Model" consists of two Chapters:

-Chapter I "General Principles".

-Chapter II "Skills and functions".

In Chapter I, the general principles proper are regulated: the scope, the accounting entities, the obligation to account, the accounting year, the accounting model, the implementation of the Plan of Accounts Simplified Local, the application of the General Public Accounting Plan adapted to the local administration and the recipients of the accounting information.

The scope of application is maintained, which is still constituted by the municipalities whose budget does not exceed 300,000 euros, whatever their population, and those whose budget exceeds 300,000 euros but does not exceed 3,000,000 euro, when its population does not exceed 5,000 inhabitants. This Instruction shall also apply to the other local authorities (comarcas, communities, entities with a territorial scope lower than the municipality, ...) provided that their budget does not exceed EUR 3,000,000. The local autonomous bodies shall apply the accounting model adopted by the local authority of which they are dependent.

The flexibility of the accounting model allows local entities to be able to opt for a more complex model than that which corresponds to them for population and budget reasons; thus, local entities included in the application of this Instruction may choose to apply the Instruction of the normal local accounting model, in which case it shall be applied in its entirety.

An accounting entity is considered for each local entity and each self-contained body within the scope of the Instruction.

The accounting model of this Instruction is characterized as being a centralized accounting model, regardless of the physical location where the operations are captured, and because they are recorded (in addition to the Simple departure) by the double-departure method, applying the Simplified Local Accounts Plan included as an annex to the Instruction.

In relation to the application of the Simplified Local Accounts Plan, the use of the development of second-order accounts (coded with four digits) is new, with a binding character.

A specific mention is made to the recipients of the accounting information, including not only the control bodies but also the bodies responsible for the management, the bodies of the public administrations which exercise supervisory functions, to the creditors of the institution, to financial and economic analysts, as well as to any entity, association and citizens, in general. This is an explicit manifestation that the traditional vision of public accounting has been overcome, primarily geared to monitoring budget implementation and accountability.

In Chapter II, the competencies and functions that, in accounting matters, correspond to the Plenary of the Corporation, to the Intervention of the entity and to the General Intervention of the State Administration, are related, and that collect, sometimes in a dispersed manner, in the legislation in force. This collection of competencies and functions is intended to contribute to the correct exercise of accounting functions.

Title II "Of the simplified model of the accounting information system for the local administration" is divided into two Chapters in which the general rules of the system and the accounting areas are regulated. transcendence.

In Chapter I "General Rules", the basic features of the simplified accounting information system (SICAL-Simplified) are set out.

The accounting of accounting entities is defined as a system of recording, processing and communication of economic and financial information on the activity of the accounting entities during the accounting year, the object and the purposes of the SICAL-Simplified are described, the requirements of its computer configuration are set and the accounting records are regulated.

The SICAL-Simplified is configured as an integrated set of subsystems or accounting areas that must ensure the agreement, accuracy, and automatism of the records that, for each of the accounting operations, occur in the different subsystems concerned, as well as the due coherence between the different levels of information, both aggregated and detailed.

The purposes for which the SICAL-Simplified must be permitted are those listed in Article 205 of the recast of the Law on Local Haciendas, although some of them are grouped together with a more general formulation.

This Instruction gives answer to two fundamental questions: what operations should be accounted for? and how should they be counted?

In relation to the first question, the Instruction states that all operations of a budgetary, economic, financial and patrimonial nature that occur in the ambit of the accounting entity must be recorded.

With regard to how operations should be accounted for, the accounting instruction of the simplified special treatment of 1990 contained a very detailed regulation of how the various operations to be accounted for should be accounted for. they could present it, and this made it an authentic accounting manual, which is essential then, given the depth of the accounting reform that was operated. The following Instruction, that of the simplified local accounting model for 2004, did not regulate in that detail the specific way of accounting for the various transactions by referring, for these purposes, to the provisions of the Plan of Accounts annexed to the Instruction, given the maturity achieved by the local authorities in the practical application of the previous accounting models. Now, this Instruction makes the accounting treatment of each operation (such as accounting, when and for how much) in the Simplified Local Accounts Plan attached to it, especially in its parts First "conceptual framework". public accounting ", Second" Standards for recognition and valuation "and Fifth" Definitions and accounting relationships ", which present a much greater development than in previous Plans.

This Instruction continues to promote the use of electronic, computer and telematic means in the accounting function, on the line followed by the General Administration of the State and initiated at the local level with the Instruction of the simplified local accounting model for 2004. The Court of Justice maintains its commitment to the incorporation of electronic, computer and telematic techniques to the administrative activity cited provided that, as provided for in Article 45.5 of Law 30/1992, of 26 November 1992, Legal status of the public administrations and the common administrative procedure, the authenticity, integrity and conservation and, where appropriate, the reception by the person concerned, as well as the fulfilment of the guarantees and requirements, is guaranteed required by the law (the Law on the Legal Regime of Public Administrations and the Procedure common administrative) or other laws.

According to the above, in the Instruction there are various manifestations of the use of these means in the accounting function as those relating to the recording of the operations, to the justifications of these, to the The incorporation of data into the system, the archiving and preservation of the accounting information and, in a prominent way at the moment, the one relating to the accountability.

In this line, it is established that the databases of the computer system where the accounting records reside will constitute sufficient support for the keeping of the accounting of the entity, and must be the entity itself determine the concrete structure of those.

Chapter II of Title II, divided into Sections, is devoted to the regulation of four accounting areas (or sub-systems) of particular relevance: "Credit Remainers", "Expenditure Projects", "Expenditure with affected financing" and "Management of resources on behalf of other public entities". The special relevance of the first three areas lies in the accounting monitoring and control of the fact that they have to be the subject of the accounting area, while the special importance of the accounting area of "Resource management on behalf of other public entities" is due to the novelty of the accounting treatment of these operations, both in the managing body and in the resource holder.

The Sections dedicated to "Remainer of Credit" and "Expenditure with Affected Financing" maintain the regulation that of these accounting areas was included in the Instruction of the simplified local accounting model of 2004.

The Section dedicated to "Spending Projects" is incorporated to complete the Instruction and not have to go to the regulation that is included in the Accounting Instruction of the normal model.

The Section dedicated to the "Management of resources on behalf of other public entities" distinguishes two situations according to whether the managing body provides the entity with all the information on the management operations which are necessary for the purposes of recording them in accounting or if, on the other hand, the managing body is not in a position to provide the holding entity with such information, and in this case it shall provide at least the details of the payments of the liquid collection that you make.

In the first situation:

-the managing body shall only use the accounts of subgroup 45 "Debtors and creditors for the management of resources on behalf of other public entities" that reflect their relations with the incumbent entity, that is, account 453 " Entes public, for income to be settled "and, in the case of deliveries to be made, the 456" public, c/c cash ";

-the managing body shall provide information in the Memory, exclusively, of its relations with the holding entities;

-the titular entity shall account for all transactions relating to the resources that it manages and shall report to it in its annual accounts as if it were managed by it itself.

In the second situation (the managing entity does not provide all the information about the management operations to the titular entity):

-the managing body shall use the entire subgroup 45 "Debtors and creditors for the management of resources on behalf of other public entities";

-the managing entity will provide information in the Memory of both its relationships with the incumbent entities and the management of the resources;

-the titular entity shall only record in its accounts the direct deliveries of the collection, the deliveries to account and the final settlement of the resources that it manages.

They cease to be considered as accounting areas of special importance as the "Immobilized", the "Indebtedness", the "Payments to Justify" and the "Fixed-box advances".

The accounting areas of "Quiesced" and "Indebtedness" are no longer considered to be of particular importance because they are subject to detailed rules of recognition and valuation, and in the definitions and accounting relationships of the Simplified Local Accounts Plan, which does not require development in the Instruction.

With respect to the areas of "Payments to Justify" and "Fixed Box Anticipates", the reason that they have lost the special importance they had is that the accounting treatment of the funds provisions for payments to justify and In the case of a fixed cash advance payment is the same as the amount of the funds provided to justify and the funds provided for in the fixed cash advance are still taken into account by public funds and must be an integral part of the the cash flow of the institution until the cash-in-service provider pays the final creditors.

It has not been considered appropriate to maintain in the new Instruction the systematization of the accounting operations that must be carried out at the beginning and end of each exercise contained in Chapter III of Title II of the Instruction of the Simplified model of local accounting for 2004, considering that its knowledge is widely consolidated and not finding accommodation in the new format of Instruction (similar to that of the Accounting Instruction of the institutional administration) of the State). This is why they disappear from this Instruction and their accounting treatment is included in the Plan of Accounts annexed to it.

Finally, the regulation of the fiscal measures contained in Chapter IV of Title II of the Accounting Instruction of the normal local accounting model for 2004 is transferred to the Third Party " Accounts Annual " of the Plan of Accounts annexed to this Instruction. In particular, the regulation of the budgetary outcome is translated into the rules for drawing up the State of the Settlement of the Budget and the regulation of the Treasury Remainer to paragraph 18.6 of the Report.

Title III "Of the data to be incorporated into the system" is divided into three Chapters that regulate the supporting documents of the operations, the incorporation of data into the system and the archiving and preservation of the accounting information.

With regard to the supporting documents of the operations, the Instruction provides that any act that is to give place to annotations in the SICAL-Simplified must be duly accredited with the appropriate supporting evidence that may be supported on paper documents or through electronic, computer or telematic means.

With regard to the incorporation of data into the system, freedom is left to directly capture the data contained in the operation's own justification or, where appropriate, in the appropriate accounting document, as well as for incorporate them through the use of electronic, computer or telematic procedures. The accounting documents which are used, where appropriate, shall be established by each local entity according to its information needs and the operation to be carried out in the processing of the different types of operations.

In relation to the file and the preservation of the supporting documents of the operations and the supports of the accounting records, which reaches not only the permitted types of support but also the term of conservation that, by a The Commission has been able to take the necessary measures to ensure that the Commission is able to take the necessary measures to ensure that the information is not

.

In line with continuing to promote the application of electronic, computer and electronic procedures and procedures in the accounting function, it is maintained that the supporting documents of the events recorded in the SICAL-Simplified be kept by means or on electronic, computer or telematic media, irrespective of the type of support they were originally intended to have, provided that their authenticity, integrity, quality, protection and conservation are guaranteed. In such cases copies obtained from such media shall enjoy the validity and effectiveness of the original justification.

The supporting documents for the operations, together with the corresponding accounting documents, if appropriate, shall be kept for a period of six years from the date of referral of the annual accounts to the supervisory bodies. external, unless a rule sets other time limits or the time limit for the limitation of possible accounting liability has been interrupted or the documentation of the valuations allocated to assets and liabilities appearing in balance. The accounting records shall also be kept for a period of six years.

As a novelty, the non-provenance of destroying the supporting documents and accounting records to be sent to a historical document file is incorporated.

Title IV "Of the information to be obtained from the system" is divided into three Chapters dedicated to the general rules, the General Account of the local entity and other accounting information.

In compliance with the provisions of Article 210 of the recast of the Law on Local Government Regulations, in this Instruction and in its Annex Plan of Accounts, the content, structure and standards of the drawing up the accounts to be provided by the local authority and its autonomous bodies.

The annual accounts to be held by the local entity and its autonomous bodies include:

a) The Balance Sheet.

b) The account of the economic-wealth outcome.

c) The State of changes in net worth.

d) The State of the Liquidation of the Budget.

e) The Memory.

The inclusion, among the annual accounts to yield, of the State of changes in net worth is novel.

Annual accounts will have to be compiled in accordance with the elaboration rules and adjusted to the models listed in Part Three of the Simplified Local Accounts Plan annexed to this Instruction.

The obligation to refer to external control bodies, together with the General Account, is maintained.

In application of the principle of transparency enshrined in Article 6 of the Organic Law 2/2012 of 27 April, of budgetary stability and financial sustainability, and in order to comply with the provisions of the paragraph 1 of that Article in relation to the general accounts of the general government, are included as supplementary documentation to accompany the General Account the annual accounts of all the units dependent on the local entity included in the field of application of the said Organic Law whose accounts are not included in the General Account.

As in the 2004 Instruction, it is insisted that the approval of the General Account by the Corporation's plenary, nothing has to do with the responsibility that the members of the Corporation could incur. adopted the resolutions or the acts reflected in that Account. It also sets out the responsibility for the management who, in the material sense, may incur, as a matter of fact, those responsible for the management who adopt the decisions or carry out the acts reflected in the accounts which are rendered, of the responsibility which It is up to the person to be accountable as a formal account, which is no other than to respond to the veracity of these.

Continuing along the lines of promoting the implementation of electronic, computer and telematic techniques, the possibility is envisaged that, in order to facilitate the flexible treatment of accounting information, it can to be translated into any type of electronic, computer or telematic support. It is also recognised that the external control bodies have already established procedures for sending the accounts to them via electronic, computerised or telematic means and that, in such cases, the accounts are obtained by the generation of files whose contents and structure shall conform to the technical specifications established by the external control bodies themselves.

In Chapter III "Other Accounting Information", periodic information is regulated for the Corporation's Plenary, the Advance of the Settlement of the Budget and the information for the internal management and control bodies, and for other public administrations, adapting the information to be sent to the plenary in compliance with Article 207 of the recast of the Law on Local Government Law and the Advancement of the Settlement of the Budget to the Structure of the State of Settlement of the Budget, which is included in the Fourth part of the Simplified Local Accounts Plan.

Finally, in the annex to this Instruction, the Simplified Local Accounts Plan is included, the most significant aspects of which are set out in the Introduction of the Plan itself.

TITLE I

General principles of the simplified local accounting model

CHAPTER I

General principles

Rule 1. Scope of application.

1. They must apply the rules contained in this Instruction:

(a) Municipalities whose budget does not exceed EUR 300,000, as well as those whose budget exceeds this amount but does not exceed EUR 3,000,000 and whose population does not exceed 5,000 inhabitants.

(b) Other local entities provided that their budget does not exceed EUR 3,000,000.

(c) Autonomous bodies that are dependent on the local entities referred to in the preceding paragraphs.

2. By way of derogation from paragraph 1 above:

(a) Local entities whose budget does not exceed EUR 300,000 may apply the Instruction of the basic local accounting model. This option may not be exercised by entities that are dependent on autonomous bodies, commercial companies or public entities.

b) All local entities within the scope of this Instruction may apply the Instruction of the normal local accounting model.

In any case, the self-governing bodies must apply the same Accounting Instruction as the local entity they are dependent on.

3. For the purposes of the preceding paragraphs, the budget shall be taken as the amount of the initial estimate of revenue from the last budget definitively approved by the local authority and, where appropriate, that of the initial forecasts. revenue which, for the local authority and its self-employed bodies, is deducted from the state of consolidation of the budget referred to in Article 166 (c) of the recast of Law 39/1988 of 28 December 1988 on the Local farms, corresponding to the last approved Budget.

4. The number of inhabitants shall be determined on the basis of the population figures resulting from the last revision of the municipal register.

5. Where institutions applying this Instruction cease to comply with the requirements of paragraph 1 above, they shall only be required to apply the Instruction of the normal local accounting model, if that circumstance is maintained for three years. consecutive exercises. The new accounting model shall in any case apply for complete financial years.

6. Commercial companies dependent on local entities applying this Instruction will adapt their accounts to the provisions of the Trade Code and other commercial legislation and to the General Plan of Accounting or to Small and Medium companies, implementing this Instruction only in terms of accountability to the external control bodies.

The provisions of the preceding paragraph shall apply to local business public entities, pursuant to the second transitional provision of Law 57/2003 of 16 December 2003, of measures for the modernization of the government local.

Rule 2. Accounting entities.

Each local entity or self-governing body included in the scope of this Instruction constitutes an accounting entity, for the purposes specified therein.

Rule 3. Obligation to render accounts.

1. In accordance with the provisions of Article 201 of the recast of the Local Government Law Regulatory Law, entities within the scope of this Instruction are required to be accountable for their operations, is the nature of the same, the Court of Auditors. Where appropriate, they shall also be submitted to the external control body of their Autonomous Community.

2. For the purposes of the preceding paragraph, the accounts and the procedure to be followed shall be that laid down in Chapter II of Title IV of this Instruction.

Rule 4. Accounting year.

The accounting year shall coincide with the calendar year, except in cases of dissolution or creation of the entity. In cases of dissolution of an entity the annual accounts shall relate to the period from 1 January to the date of dissolution, whereas in the cases of creation of an entity, the annual accounts shall relate to the period from which the institution is dissolved. the date of creation until 31 December of that financial year.

Rule 5. Accounting model.

Each accounting entity shall apply a centralised accounting model, in accordance with the following rule and taking into account the following principles:

(a) The accounting unit of the accounting entity shall be centralised with the recording of all transactions, irrespective of the physical location where the transactions are captured or where the accounting information is obtained.

(b) The annual accounts shall have a unitary character and shall show the financial and financial situation, the economic outcome and the execution of the accounting institution's budget as a whole.

Rule 6. Application of the Simplified Local Accounts Plan.

The accounting of accounting entities shall be carried out by the method of double departure, in accordance with the rules contained in this Instruction and with those that are dictated in development thereof, and must conform to the Simplified Local Accounts attached to this Instruction, in the following terms:

(a) The recording of the accounting operations shall be carried out in accordance with the conceptual framework of the public accounting and the standards of recognition and valuation collected in its First and Second parts.

(b) A centralised accounting model shall be applied, as defined in the previous rule, and the development of groups, sub-groups, first-order accounts (coded with three digits) should be used as a binding instrument. and second-order (four-digit coded) accounts provided in its Fourth and Fifth parts.

Depending on your management and information needs, the accounting entity may use second-order accounts not provided for in the Plan, as well as other divisionaries.

(c) The annual accounts of each accounting entity shall be formed and rendered in accordance with the provisions of Part Three and Title IV of this Instruction.

Rule 7. Application of the General Public Accounting Plan adapted to the local administration.

When an accounting entity performs an operation not regulated in the Simplified Local Accounts Plan, it shall be referred to the accounting treatment envisaged for that operation in the General Public Accounting Plan adapted to the Local administration, except where the transaction relates to assets in the sales state, in which case the accounting treatment provided for in the Local Account Plan Simplified for non-financial fixed assets shall be applied.

The application of the General Public Accounting Plan adapted to the local administration, for the registration of operations not covered by the Local Accounts Plan, will be carried out in the following terms:

(a) The relevant recognition and valuation rules shall apply.

b) The required information about such operations shall be incorporated into the simplified annual accounts.

c) First-order accounts can be used.

Rule 8. Recipients of the accounting information.

Accounting information to be drawn up by accounting entities shall be addressed to the following recipients:

a) The local Corporation's plenary session.

b) The management bodies, both at the political and administrative level.

(c) The Court of Auditors and the external control bodies of the Autonomous Communities, as well as the Special Accounts Commission of each local entity.

(d) The bodies responsible for the internal control of accounting entities in their different meanings: financial controller and financial and efficiency controls.

e) the bodies of public administrations exercising supervisory functions in relation to the accounting institution.

(f) The bodies of the European Union, both administrative and control.

g) The creditors of the accounting entity itself.

h) Financial and economic analysts.

i) Other public and private entities, associations, users of services provided by the accounting entity and citizens in general.

CHAPTER II

Competition and functions

Rule 9. From the Plenum of the Corporation.

Corresponds to the Corporation's Plenary Session:

a) Approve the General Account of the local entity.

b) Approve, after reporting of the Intervention, the rules governing the administrative procedures to be followed in the accounting management of the local entity, in order to ensure adequate registration in the information system accounting for all transactions, in the appropriate chronological order and as soon as possible.

c) To determine, on a proposal from the Intervention, the criteria to be followed by the entity in the application of the conceptual framework of public accounting and the standards of recognition and valuation collected in the Local Accounts Plan Simplified.

The criteria for calculating the amount of the collection rights of doubtful or impossible collection, as well as the criteria for the depreciation of the assets of the fixed assets, shall be determined.

(d) to dictate, on a proposal from the Intervention, any other rules relating to the organisation of the accounting of the institution, in accordance with the provisions of Article 204.1 of the recast text of the Law on the Local Farms.

e) To establish, on a proposal of the Intervention, the procedures to be followed for the inspection of the accounting of the autonomous agencies, of the commercial societies dependent on the local entity, as well as of its entities business public.

(f) to set the time limits and periodicity for the referral, by the intervention or organ of the local authority which is assigned the accounting function, of the information referred to in Article 207 of the recast text of the Local Law Regulatory Law, which is detailed in Chapter III of Title IV of this Instruction.

Rule 10. From the Intervention of the local entity.

Corresponds to Local Entity Intervention:

(a) To carry out and develop the financial accounting and the execution of the budget of the local entity in accordance with this Instruction, the other general rules dictated by the Minister of Finance and Public administrations and those dictated by the Corporation's plenary session.

b) Form the General Account of the local entity.

(c) Forming, on the basis of generally accepted criteria, the integrated and consolidated statements of the accounts to be determined by the Corporation's plenary session.

(d) to obtain from the autonomous bodies, from the commercial companies dependent on the local entity, as well as from their business public entities, the presentation of the accounts and other documents to be accompanied by the General Account, as well as the information necessary to carry out, where appropriate, the accounting aggregation or consolidation processes.

e) Coordinate the accounting functions or activities of the local entity by issuing the appropriate technical instructions and inspecting their application.

f) Organize an appropriate system of archiving and preservation of all documentation and accounting information that allows to make available to the control bodies the supporting documents, documents, accounts or records of the system accounting information for them requested within the required time limits.

g) Inspect the accounting of the autonomous agencies, of the commercial companies that are dependent on the local entity, as well as their public entities, in accordance with the procedures established by the Full.

(h) To elaborate the information referred to in Article 207 of the recast of the Local Law Regulatory Law, developed in Chapter III of Title IV of this Instruction and refer it to the Corporation's plenary session, through the Presidency, within the time limits and with the periodicity established.

i) Develop the Advance of the Liquidation of the Current Budget to be joined to the Budget of the local entity, as referred to in Article 18.b) of Royal Decree 500/1990, of 20 April, which develops Chapter I of the Title VI of Law 39/1988, regulating local farms.

j) Determine the structure of the Advance of the Settlement of the Current Budget referred to in Article 168 of the recast of the Local Government Law Regulatory Law, in accordance with what is established by the Plenary Session of the entity.

Rule 11. From the General Intervention of the State Administration.

Corresponds to the General Intervention of the State Administration:

(a) Promote the exercise of the regulatory authority attributed to the Minister of Finance (today of Finance and Public Administrations) in accounting matters, by the recast text of the Local Government Law Regulatory Law.

b) Issue pronouncements and make recommendations in order to facilitate the implementation of local public accounting regulatory standards.

c) Resolve the queries that you are asking about the rules referred to in the previous section.

TITLE II

From the simplified accounting information system model for Local Administration

CHAPTER I

General rules

Rule 12. Definition.

The accounting of local authorities and their autonomous bodies is set up as a system of recording, drawing up and reporting information on the economic and budgetary activity developed during the accounting year, in accordance with the principles set out in the recast of the Local Government Law Regulatory Law and in this Instruction.

Rule 13. Object.

1. The simplified model of the accounting information system for local administration (hereinafter referred to as SICAL-Simplified) is intended to record all operations of a budgetary, economic, financial and heritage nature that occur in the field of the accounting entity, as well as to show, through states and reports, the true image of its patrimony, its financial position, the economic outcome and the execution of its budget, to satisfy the objectives described in the following rule.

2. SICAL-Simplified is configured as an integrated set of subsystems or accounting areas that must ensure the agreement, accuracy and automatism of the records that, for each of the accounting operations, must be produced in the different subsystems to which the operation affects, as well as the existence of due consistency between the different levels of information, both aggregated and detailed.

3. For the above purposes, the SICAL-Simplified should be organised in such a way that at least it allows each accounting entity:

a) Register the operations that will have an impact on obtaining the balance sheet and on the determination of the economic and patrimonial result, according to the criteria contained in rules 6 and 7.

b) to record budgetary changes, expenditure commitments, the recognition of obligations and the management of payments, as well as the implementation operations of the revenue budget, Budget result. It shall also allow the monitoring and control of credit balances.

Also, it should allow the registration of transactions arising from obligations and rights arising from closed budgets, and from expenditure commitments from subsequent financial years, as well as the monitoring and control of the expenditure involved and the other expenditure projects, and the collection and control of the Treasury Remover, which will enable the part used to finance expenditure and the outstanding part of the expenditure to be determined at any time use which constitutes the liquid cash balance.

c) Register operations of a non-budgetary nature.

d) Register resource management operations on behalf of other public entities.

e) to record and demonstrate the movements and situation of the treasury, making it possible to control the various accounts constituting the treasury of the accounting entity.

f) Register operations relating to the management and control of tangible and intangible fixed assets, real estate investment, land public assets, financial investments and indebtedness, including (s) granted by the entity.

g) Record information regarding third parties that relate to the accounting entity.

(h) to monitor and control payments to be justified and to make fixed cash advances, if the institution so establishes.

i) Track and control the securities received by the accounting entity in deposit.

Rule 14. Finnish.

SICAL-Simplified must allow for the following purposes:

a) Provide financial and economic information that is necessary for decision-making, both in the political and management order.

b) Facilitate information for determining the cost and performance of public services.

c) Provide the data necessary for the formation and surrender of the General Account of the local entity, as well as the accounts, statements and documents to be drawn up or referred to the external control bodies.

d) Enable the exercise of the controls of legality, financial and effectiveness.

e) Facilitate the data and other records that are accurate for the preparation of the national accounts of the units that make up the Public Administrations sector.

f) Provide the necessary information for the preparation of economic and financial statistics by the Ministry of Finance and Public Administrations.

g) Provide utility information for other recipients, such as associations and institutions, businesses, and citizens in general.

Rule 15. Computer configuration of the System.

The IT configuration of the SICAL-Simplified that each accounting entity adopts must respond to the following criteria:

a) You will be oriented to the fulfillment of the object and the purposes set forth in the above rules, in accordance with the remaining rules contained in this Instruction.

b) It must ensure the integrity, consistency, accuracy and automatism of the annotations which, for each of the accounting operations, must be produced in the different subsystems to which the operation affects.

c) There must be due agreement between the different levels of aggregated information that are set in the SICAL-Simplified and the detail information that, for each type of operation, is incorporated into it.

d) It should progressively facilitate the simplification of accounting procedures by means of the intensive application of electronic, computerised and telematic procedures and means to ensure the legal validity and effectiveness of the information received from the management centres for the accounting records of the operations and the information provided to the recipients of the accounting information through these means, as well as that of the archived and retained accounting documentation by the system.

e) The security measures required by the current rules on personal data files should be applied.

Rule 16. Support for accounting records.

1. The records of the operations and the rest of the information captured in the SICAL-Simplified, will be supported informatically according to the configuration that is established in the previous rule, constituting the single and sufficient support that guarantees their preservation in accordance with Rule 41.

2. The databases of the computer system in which the accounting records reside shall constitute sufficient support for the keeping of the accounting institution's accounts, without it being compulsory to obtain and preserve accounting books in paper or by electronic, computer or telematic means.

3. The accounting records of transactions shall be carried out by expressing the values in euro.

CHAPTER II

Accounting areas of special importance

Section 1. Th Credit Remnants

Rule 17. Tracking and accounting control of credit remnants.

1. Credit balances shall be subject to individual monitoring and control, for the purposes of their possible incorporation into the budget appropriations for the following immediate financial year.

2. Such monitoring and control shall be carried out through the accounting information system and shall show at any time:

a) The initial credit remnants.

b) Rectiations.

c) Non-embeddability agreements.

d) Total credit remnants.

e) The certificates of existence of credit holdovers issued.

f) The remaining credit balance balances to be certified.

Rule 18. Initial credit holdovers.

1. The initial remaining credit remains to be determined as a result of the liquidation of the Budget.

2. Such credit balances shall be classified as committed and uncommitted, and some and all, in turn, in embeddable and non-embeddable.

Rule 19. Rectification of credit balances.

When, as a result of corrections to the incoming balance of closed budget obligations, the correction of the initial remaining credit remains, these shall be modified in the corresponding amounts.

Rule 20. Certification of existence of credit remnants.

1. Where files for the incorporation of credit remains are processed, the appropriate certification of the existence of sufficient remaining credit for the previous financial year shall be required.

2. The existence of a credit balance shall be certified for each budgetary application at the level of legal binding of the appropriations in force in the year of provenance.

3. Certificates of existence of remaining credit may only be issued for the purposes of incorporation on the balances of credit balances classified as embeddable.

4. Certificates issued may be cancelled, either because they are imparted or as a result of errors in their data. Certificates that have resulted in the corresponding additions of credit balances may never be cancelled without the fact that they have previously been cancelled.

Rule 21. Non-embeddability of credit holdovers.

The non-embeddability of credit remains is the agreement for which all or part of the balance of the remaining balance is declared as non-embeddable, in order to prevent the issuing of certifications against that balance. balance.

Section 2. Expense Projects

Rule 22. Concept.

1. A expenditure project is a perfectly identifiable budgetary expenditure unit, in generic or specific terms, the implementation of which is carried out by appropriations of one or more budgetary applications and extends to one or more exercises, requires individualized monitoring and control.

2. They will have the consideration of spending projects:

(a) The affected financing expenses referred to in Section 3 of this Chapter.

(b) Other units of budgetary expenditure on which the institution wishes to carry out individual monitoring and control.

Rule 23. Structure.

1. Any project of expenditure shall be identified by a unique and invariable code throughout its life, as determined by the local entity itself.

2. Each expenditure project may be broken down into lower levels: file, subfile, etc.

3. Also, if the local entity considers it appropriate, you can set the level of superproject.

This level constitutes the necessary unit of aggregation of several projects that contribute together to the realization of the same goal or set of objectives.

Rule 24. Legal linkage.

1. The appropriations allocated to the expenditure projects are subject to the legal binding levels laid down in the budget implementation bases for the budgetary applications for which they are intended to be carried out.

2. However, the credit assigned to a project of expenditure may be binding in itself, subject to the qualitative and quantitative limitations imposed by this circumstance.

3. There may be expenditure projects which are only affected by the qualitative limitations of the legal link, with the possibility of greater expenditure than envisaged without the need for formal amendments to the appropriations allocated.

Rule 25. Accounting monitoring and control of expenditure projects.

1. The monitoring and control of expenditure projects shall be carried out through the accounting information system and shall, as a minimum, cover all budgetary management operations which affect them during the period of their implementation, one or more exercises.

2. The monitoring and control of expenditure projects shall, inter alia, be aimed at achieving the following objectives:

a) Ensure compliance with legal linkages that have been established for the various projects.

b) Control the budget execution of each project, so that the amounts of each phase cannot exceed those of previous phases.

c) Enable, where appropriate, the inventory of investment projects.

3. For the purposes of the above purposes, the monitoring and control system for expenditure projects shall at least provide the following information:

a) General project data:

a.1) The identification code and the name of the spending project.

a.2) The start year and annuities to be extended for execution.

a.3) For each of the annuities, application, or budgetary applications through which it is to be performed.

a.4) Total amount of expense initially estimated.

b) Information on budget management, both the current budget and the closed and future budgets.

4. Where a project of expenditure is broken down into lower levels (file, sub-file, etc.), each of them shall be subject to individual monitoring and control.

5. When a project of expenditure is implemented in several annuities and carried out by more than one budgetary application, it shall be monitored and monitored for each of the annuities and applications.

Section 3. Expense With Affected Funding

Rule 26. Concept.

1. An expenditure with affected funding is any expenditure project which is financed, in whole or in part, with specific resources which, in the absence of expenditure, could not be perceived or if they had been perceived should be reintegrated into the provided.

2. Given their status as expenditure projects, the financing costs affected will be applicable to the rules laid down in the previous section.

Rule 27. Structure.

All affected financing expenditure will be identified by a unique and invariable code over your lifetime, determined as established by the local entity itself.

Rule 28. Monitoring and accounting control of expenditure with affected funding.

1. The monitoring and control of the expenditure concerned shall be carried out through the accounting information system and shall, at least, cover all budgetary management operations which affect them during the period of their implementation. Extend this to one or more exercises, properly correlating the realization of the expenses with the specific income that is financed by them.

2. In any case, the monitoring and control of the expenditure involved in financing shall ensure that the following purposes are met:

(a) Ensure that the implementation, in economic and budgetary terms, of any expenditure with financing affected is carried out in its entirety, in such a way as to fulfil the conditions which, where appropriate, would have been agreed for the perception of the affected resources.

(b) Calculate, in the liquidation of each of the budgets to which it affects the performance of the financing concerned, the deviations of funding which, where appropriate, have occurred as a result of the phasing-out, whatever their origin, in the rate of execution of the expenditure and of the specific revenue to be financed by them.

(c) Control the budgetary implementation of each expenditure with financing affected, both the expenditure and the assigned revenue.

3. In order to comply with the above purposes, the system for monitoring and controlling the expenditure involved shall at least provide the following information:

a) General project data:

a.1) The identification code and the name of the spending project.

a.2) The start year and annuities to be extended for execution.

a.3) For each annuity, application, or expense budget applications through which it is to be performed.

a.4) For each annuity, application, or revenue budget application through which the affected resources are expected to be obtained.

a.5) The total amount of the estimated expenditure initially and the expected revenue.

b) Information on the management of budgetary expenditure, both in the current budget and in closed and future budgets.

(c) Information on the management of the budgetary revenue affected, both in the current budget and in closed and future budgets.

4. Where an expenditure with affected funding is broken down into lower levels (file, sub-file, etc.), each of them shall be subject to individual monitoring and control.

5. Where an expenditure with financing concerned is carried out in several annuities, with more than one budgetary implementation and the financing concerned comes from more than one financing agent, monitoring and monitoring shall be carried out for each of the funds. annuities, applications, and agents.

For these purposes, each third party of the resources concerned shall be considered a financial agent. In other words, the financing agent is given by the combination of the third and the budgetary application corresponding to each of the resources that he brings.

When the affected financing of an expense comes from a single resource contributed by a plurality of third parties, it will be considered a single financing agent for all of them.

Rule 29. Coefficient of funding.

1. The funding coefficient is the result of dividing the budgetary revenue (recognised and outstanding) affected by the realisation of a budgetary expenditure, by the total amount of the budget (realised and realised).

2. The total of the budgetary revenue includes all the net recognised rights up to the date of calculation of the ratio for that expenditure with financing concerned, as well as those envisaged from that time to the conclusion of the expense.

3. Total budgetary expenditure includes both the net recognised obligations up to the date of calculation of the ratio for that expenditure with the financing concerned, and the appropriations to be allocated or incorporated into the full implementation of the expense unit.

4. The financing coefficient shall be global when it expresses the share of the expenditure covered by all the revenue to the concerned, and shall be partial when it expresses the share of the expenditure covered by part of the revenue selected according to a certain criterion (the agent they come from, the budgetary application, etc.).

Rule 30. Funding deviations.

1. The financing deviation is the magnitude of the gap between the budgetary revenue recognised over a given period, for the implementation of an expenditure with the financing concerned and those which, depending on the part of the of the same period, should have been recognised, if the implementation of the assigned revenue is achieved harmoniously with that of budgetary expenditure.

2. The financing deviations, for each financing expenditure concerned, shall be calculated by difference between the net recognised rights for the assigned revenue and the product of the financing coefficient for the total of the obligations Net recognised, referred to in the period considered.

3. The financing deviations to be calculated at the end of the financial year in order to adjust the budgetary outcome and to quantify the excess financing affected are, respectively, the deviations from the financing of the exercise and the accumulated funding deviations over the period of the implementation of the expenditure with the financing concerned.

4. Deviations from the financing of the financial year shall be calculated by taking into account the ratio of partial financing by a financial agent and the amount of the obligations and the rights recognised relating to the agent concerned, Some and others for the financial year.

5. Cumulative financing deviations shall be calculated in the same way as those attributable to the financial year, but taking into account the obligations and rights recognised from the start of the implementation of the expenditure concerned up to the end of the exercise

Section 4. Administration of resources on behalf of other public entities

Rule 31. Delimitation.

1. The accounting treatment of the operations of the management of resources on behalf of other public entities to be carried out by the accounting entities as a result of management actions relating to the liquidation and collection of resources ownership corresponds to another public entity or other public entities, as well as the delivery of the amounts to which they belong as a result of the management carried out, shall be in accordance with the provisions of this Section.

2. In addition, the treatment by the holder of the resources referred to in this Section shall also be subject to the rules of this Section where the said entity is an accounting entity as provided for in Rule 2 of this Regulation. Instruction.

For these purposes, it should be considered as the holder of the resources to which the product of its collection is legally assigned, that is, the one in whose revenue budget the resource in question must be included.

Rule 32. Relationships between the managing body and the resource holder.

1. Where an institution manages resources on behalf of other public authorities, it shall, on a regular basis, make it easier for each of the entities to be managed by the institution to provide the information necessary for the latter to be able to charge budget the various operations which have been carried out in respect of the resources of which they are the holders.

For each of these resources and for each period to which the information relates to facilitate, it will differentiate between the following operations:

-Rights recognized in the current exercise.

-Possible rectifications of the rights recognized in previous exercises.

-Rights issues corresponding to resources whose recognition of the right would have occurred in the current financial year, differentiating between cancellations of settlements and deferrals or fractionations.

-Rights of rights that correspond to resources whose recognition of the right would have occurred in previous years, also differentiating between cancellations of settlements and adjournments or fractionations.

-Cancellation of rights that correspond to resources whose recognition of the right would have occurred in the current year, distinguishing between cancellations for collections in kind, for insolvencies or for other causes.

-Cancellation of rights that correspond to resources whose recognition of the right would have occurred in previous years, distinguishing between cancellations for collections in kind, for insolvencies, for prescription or for other causes.

-Collection of rights recognized in the current year.

-Collection of rights recognized in previous years.

-Collection of resources by self-financing or other revenue without prior recognition of the right.

-Income Returns recognized in the exercise.

-Possible corrections and cancellations of income returns recognized in previous exercises that were pending payment.

-Recognized income return subscriptions.

-Income returns payments.

The above information should be complemented with all data that is necessary for the proper accounting record of the respective operations.

2. The frequency with which the information indicated must be sent must be equal to or less than that laid down for the payment of the proceeds of the liquid collection to the holder of the resources, either directly or directly by the delivery to account procedure.

3. If the institution which manages resources on behalf of other public entities is not in a position to supply the information indicated, it must at least provide, to the authorities with the resources, the details of the payments made by the public authorities. (a) a liquid collection which takes place on the same basis, in such a way that the resources to which such payments are made are recorded, irrespective of whether direct deliveries or deliveries are to be made on account of such collection.

When the causes of the supply of information are removed, the managing body of the resources will have to provide the same in the terms set out in the preceding paragraphs, taking into account that the change in The procedure for the provision of information shall necessarily be the result of a complete accounting year, not being able to affect only a part of the accounting year. For this purpose, where the change of procedure occurs in the provision of information, the first time that the data relating to the operations carried out from the beginning of the accounting year in which such a change occurs is provided. (a) the management body of the resources shall communicate, to each of the entities holding them, the outstanding amounts receivable corresponding to rights recognised in previous financial years, as well as the outstanding balances of the payment relating to income refunds recognised in those same years.

4. On the basis of the information referred to in the preceding paragraphs, the accounting entities holding the respective resources shall record in their accounts the operations carried out by the managing body, incorporating them into their budget. where applicable.

Rule 33. Accounting treatment of resource management operations on behalf of other public entities in the managing body.

1. Institutions which administer resources on behalf of other public entities shall record in their assets accounts the operations resulting from the management they carry out in respect of those resources in accordance with the criteria set out below. indicate:

(a) Where the information referred to in paragraph 1 of the previous rule is supplied to the entities holding the resources, only the existing debts and credits with those resources shall be incorporated into the balance sheet of the managing body. entities derived from collections and payments that would have occurred in relation to the managed resources.

For these purposes, only the 453 accounts, "Public Entes, for Outstanding Income to Liquidate", and 456, "Public Entes, Cc/c Cash" will be used, in accordance with what is set out for them in the Local Accounts Plan. Simplified attachment to this Instruction.

(b) If the information referred to in paragraph 1 of the above rule is not supplied, the circumstance referred to in the first subparagraph of paragraph 3 shall be given, irrespective of the debits and credits referred to in the preceding case, The credit and debits resulting from the management actions that have been carried out in relation to the resources of other public entities shall also be incorporated into the balance sheet of the managing body.

In this situation, entities that administer resources on behalf of other public entities will use all the accounts that are held in subgroup 45, " Debtors and creditors for the administration of resources on behalf of other public entities ", of the aforementioned accounting plan.

2. In addition to the accounting treatment that has been indicated, institutions which administer resources on behalf of other public entities shall individually register each and every one of the operations resulting from the management they carry out in the relationship with these resources, being integrated into their accounts by means of a data structure that allows obtaining the information required in note 15, "Operations for the management of resources on behalf of other public entities", of the Memory included in Part Three of the Local Accounts Plan Simplified Annex to this Instruction, as well as shown in section 1 of the previous rule.

Rule 34. Accounting treatment of operations relating to resources administered by another public entity in the titular entity.

1. The entries to be made in the accounts of the entities holding resources which have been managed by another public entity shall be made on the basis of the aggregated data which, in relation to the management of those resources, are provided by the managing body in each of the periods established for the provision of information.

The accounting records shall vary according to the information available to the holder, depending on the information provided by the managing body, and may present two situations:

a) The information available covers the entire operations performed, as provided for in Rule 32 (1).

(b) The information available does not cover all the operations carried out and refers, at least, to the payments made by the managing body to the entity holding the resources as a result of the corresponding deliveries the collection of the liquid which has been obtained, as provided for in the first subparagraph of paragraph 3 of that Rule 32.

The following sections of this rule set out the criteria to be followed, in each of these situations, for the recording of the operations by the entities holding the resources.

In any event, regardless of the accounting treatment that occurs in the entity holding the resources, the individualized record of the operations that would have occurred as a result of the management of the said resources shall be contained in the accounts of the entity responsible for it.

2. Where the entities which are the holders of resources managed by another public entity have information concerning all the operations carried out by the managing body, the accounting of the respective operations shall be followed by the following: following criteria:

(a) Operations relating to the collection of rights shall result in the birth of a credit in favour of the entity to be collected in account 442, "Public debtors for collected resources", with that credit reduced for payment transactions for income returns.

The income of the liquid collection obtained through the direct delivery of the same by the managing body will result in the cancellation of this credit. Such credit shall also be cancelled at the time of the final settlement of the resources collected by the managing body, where deliveries are made on the part of the managing body.

(b) The allocation to the revenue budget of the various operations shall be carried out in the manner provided for in the budget revenue in the Simplified Local Accounts Plan annexed to this Instruction, without any particularity in comparison with the operations carried out by the institution itself in relation to the resources it manages. If, at the time of application of the recovery, the non-budgetary imputations are to be carried out, the corresponding entries shall be made in accordance with the provisions of this accounting plan.

Also, the income returns agreed by the managing body will be recorded in the same way as those processed in the case of the resources managed directly by the entity itself.

(c) When the managing body of the resources makes deliveries on account of the collection, such deliveries to account shall be reflected in the accounts of the entities holding them by means of a debit to be collected in the account 550, "Non-banking current accounts with public entities, by resource management". Where the final settlement of the resources collected is effected, this debit shall be compensated by the credit set out in account 442, "Public debt debtors for collected resources"; the debtor balances in favour of the holding entity of the resources, or in their case creditors, resulting from such liquidation shall be included in the said account 550.

3. In the event that the entities holding resources managed by another public entity do not have information on all the operations carried out, the criteria to be followed in the accounting of these operations shall be the following: following:

(a) For the amounts received by the entities holding the resources as a result of the payments made from the managing body of the resources, either in the form of direct deliveries of the collection, deliveries to account of the same or final settlement of the resources managed, the budgetary allocation of the respective revenue shall be effected, simultaneously recording the recognition of the right and its recovery. However, the holder may recognise the revenue prior to its recovery if it is aware of its amount; in the case of renditions, the holder may recognise the budget revenue at the beginning of the period which relate to such deliveries, once they have documented the amount of the deliveries.

The annotations referred to in the preceding paragraph shall be made in the manner provided for in the budget revenue in the Local Accounts Plan, which is annexed to this Instruction, without any particular feature in the comparison with those same operations when they correspond to the resources that the entity itself manages.

If non-budgetary imputations are necessary, the corresponding entries shall be made in accordance with the provisions of this accounting plan.

(b) In addition to the operations described above, the entities holding the resources shall not record any other of those that have been produced in the area of the managing body of the resources.

4. The change of procedure in the provision of information by the managing body of the resources referred to in the second subparagraph of Rule 32 (3) shall be taken into account for the purposes of changing the accounting criteria, in accordance with the provisions of the the rule of recognition and valuation n ° 15, "Changes in accounting criteria and estimates and errors". For these purposes, data relating to outstanding amounts receivable for rights recognised in previous financial years and outstanding payment for income returns recognised in those same financial years, which are provided by the said entity manager, shall be incorporated in the accounts of the entities holding the resources by the appropriate operation to modify the initial balance of rights to be recovered or to return outstanding payments, as appropriate.

TITLE III

From the data to be incorporated into the system

CHAPTER I

Justifying the operations

Rule 35. Justification.

Any act or event which, in application of the provisions of Title II of this Instruction, is to give rise to annotations in the SICAL-Simplified, must be duly accredited with the appropriate supporting evidence manifest its realization.

Rule 36. Means of justification.

1. The justification for the various facts which may be incorporated into SICAL-Simplified may be supported in paper documents or by electronic, computer or telematic means, and must be adjusted, in any case, to the requirements and guarantees to be established for each of the different types of operations, in accordance with the rules governing the administrative procedures through which such acts are to be carried out.

2. Where the justification for such acts is carried out by electronic, computer or telematic means, the validity and legal effectiveness of the facts shall be ensured, as well as compliance with the applicable rules on data protection. of a personal nature.

CHAPTER II

Incorporating data into the system

Rule 37. Support for accounting annotations.

1. Transactions to be accounted for shall be incorporated into the SICAL-Simplified with the highest level of development, so that its data are duly recorded in all accounting areas to which the transaction is affected by its nature.

2. The registration of operations in the SICAL-Simplified may be performed by one of the following procedures:

(a) By direct capture in the system of the data that is contained in the supporting evidence of the transaction or, where appropriate, in the appropriate accounting document.

b) Through the incorporation of such data into the system through the use of electronic, computer or telematic procedures or supports.

In both procedures, the recording of operations in the SICAL-Simplified may be performed individually for each operation or, where appropriate, by mass incorporation of data relating to groups of operations.

3. The accounting documents used, where appropriate, shall be established by the local authority itself in the light of its information needs and the operation to be carried out in the processing of the different types of operations to which they may be used. affect.

4. Where electronic, computerised or telematic means are used as a support for the accounting records, the validity and legal effectiveness of the records shall be ensured, as well as compliance with the applicable data protection rules. of a personal nature.

Rule 38. Authorization.

1. Where operations are incorporated into the system by direct capture of the data contained in the supporting document or in the appropriate accounting document, in order for such incorporation to take effect, those documents (supporting documents) must be and accounting documents) are duly authorized, by means of measures, handwritten signatures, stamps or other manual means, by whom they have the authority to do so.

2. Where operations are incorporated into the system by the use of electronic, computerised or telematic supports, the procedures for authorisation and control by means of measures, handwritten signatures, stamps or other manual means may be replaced by authorisations and controls established in the own IT applications which ensure the identification and exercise of the competence by whom it is assigned.

Rule 39. Reason.

1. In any document which has produced a record in accounting, whether it is the justification for the operation or a specific accounting document for the registration of the transaction, a due diligence shall be given, certified by the responsible for the accounting, at least, of the date, the seat number and the amount of the amount in which the said document has been individually recorded. Such diligence may be carried out by means of mechanical certification carried out by the computer equipment in which the SICAL-Simplified is supported.

2. In the event that the operations are recorded on the basis of the data contained in electronic, computer or telematic media, the due diligence shall be replaced by the appropriate validation processes in the system, by means of the which transactions are referred to in relation to the accounting records that they have produced.

CHAPTER III

File and conservation

Rule 40. Archiving and preservation of supporting documents for the operations and supports of the accounting records.

1. The supporting documents for the operations referred to in Chapter I of this Title III, together with the relevant accounting documents, shall be retained by the institution and shall be made available to the control body or bodies. competent, in order to enable and facilitate the actions of control and verification of the accounting to be carried out.

2. Proof of the facts recorded in the SICAL-Simplified and, where appropriate, the corresponding accounting documents, may be retained by means or on electronic, computer or telematic media, irrespective of the type of support in which they were originally translated, provided that their authenticity, integrity, quality, protection and conservation are guaranteed. In such cases, copies obtained from such media shall enjoy the validity and effectiveness of the original documents.

3. Both supporting documents formalised in paper documents and those on electronic, computerised or telematic media shall be kept for a period of six years from the date of referral to the control body or bodies. external accounts of the annual accounts where the respective transactions are made manifest, unless the justification in question is subject to other retention periods or the time limit for the limitation period has been interrupted; accounting liability.

Without prejudice to the above paragraph, the supporting documentation of the valuations assigned to assets and liabilities shall be retained for at least the period in which the assets and liabilities are listed in balance.

4. The proof of proof may be destroyed, provided that the time limits referred to in the preceding paragraph have been complied with, after notification to the external control body or bodies to which it has been required to act and without have expressed impediments to this.

There shall be no destruction of the supporting documents in those cases where, by the nature of the documents concerned, they are sent to a historical archive of documents.

Rule 41. Conservation of accounting records.

1. Records of operations recorded in the SICAL-Simplified shall be kept for a period of six years from the date of referral, to the external control body or bodies, to the annual accounts where the information was recorded. contained in such records, unless such information is subject to other retention periods or the interruption of the limitation period for the possible accounting liability has been communicated.

2. Once the storage time has elapsed, as referred to in the preceding paragraph, as well as the limitation period for the possible accounting liability, the records of the operations may be destroyed provided that the time limits for the storage of the appropriate communication, there would be no impediments on the part of the external control body or bodies to act.

The destruction of accounting records shall not be carried out in those cases where, by the nature of the records, they are sent to a historical document file.

TITLE IV

From the information to be obtained from the system

CHAPTER I

General rules

Rule 42. Types of information.

For the purposes of the purposes of the accounting information system, which are listed in Rule 14, and in order to be able to satisfy the accounting information needs of the recipients of the accounting information, as listed in Rule 8, the information to be obtained from the accounting information system shall be at least:

(a) The necessary for the formation of the annual accounts of the accounting institution concerned.

b) Which, under Article 207 of the recast of the Local Government Law Regulatory Law, must refer the Intervention of the local entity to the Corporation's plenary session.

c) The necessary for the preparation of the Advance of the Liquidation of the Current Budget referred to in Article 168 of the recast of the Law of the Local Government.

d) The economic and financial information needed to facilitate decision-making in the field of management and the exercise of internal control in its various meanings.

e) Economic and financial information to be sent to other public administrations.

Rule 43. Information support.

1. The accounting information must be recorded in accounting statements which may be supported by listings, reports and, in general, paper documents, or by any type of electronic, computer or telematic support guaranteeing authenticity, integrity and preservation of the information contained therein, as well as its receipt by the recipient and its treatment by the recipient in an appropriate manner for the fulfilment of the purposes to be met.

2. Without prejudice to the support in which the accounting statements are recorded, their content and procurement shall be in accordance with the rules contained in this Title.

Rule 44. Guarantee of accounting information.

With regard to the accounting information provided to the various recipients, the accounting officer only responds to the identity between the accounting information and the existing one in the system databases.

CHAPTER II

The general account of the local entity

Section 1. Content

Rule 45. Delimitation of the General Account.

1. The General Account of the local entity shall show the true image of the assets, the financial situation, the results and the implementation of the budget.

2. The General Account shall consist of:

a) The Account of the entity itself.

b) The Account of the Autonomous Bodies.

(c) The annual accounts of the capital companies wholly owned by the local entity.

d) The annual accounts of business public entities.

3. Each of the accounting subjects referred to in the preceding paragraph shall draw up their own annual accounts in accordance with the rules set out below.

Rule 46. The Account of the local entity itself and the Account of the Autonomous Bodies.

1. The annual accounts that make up the account of the local entity and the ones to be formed by each of its autonomous bodies are as follows:

a) The Balance Sheet.

b) The account of the economic-wealth outcome.

c) The State of changes in net worth.

d) The State of the Liquidation of the Budget.

e) The Memory.

2. The accounts referred to in the previous paragraph shall be drawn up in accordance with the rules and in accordance with the models set out in Part Three of the Local Simplified Accounts Plan annexed to this Instruction.

3. The annual accounts of the local authority itself and of each of its self-employed bodies must be provided with the following documentation:

(a) Stock of stocks in cash referred to in the end of the year.

(b) Notes or certifications of each bank of the balances existing in the same in favour of the local entity or the autonomous body, referred to in the end of the financial year and grouped by name or social reason of the banking institution. In the event of a discrepancy between the accounting balances and the banks, the appropriate conciliatory state, authorized by the Financial Controller, shall be provided.

Rule 47. The annual accounts of the commercial companies and the business public entities that are dependent on the local entity.

1. The annual accounts to be formed by the commercial companies in which the social capital has a total or majority share of the local entity shall be, in any case, those provided for in the General Plan of Accounting or in the General Plan of Small and Medium-Sized companies with the adaptations to the specific criteria of micro-enterprises which, where appropriate, proceed.

2. The annual accounts to be formed by the local business entities that are dependent on the local entity shall apply to them as provided for in the preceding paragraph.

Section 2. Training

Rule 48. General Account Training.

1. The General Account of each financial year shall be formed by the Intervention of the local entity.

2. For the above purposes, the Intervention may require the submission of the accounts to be submitted to the external control body or bodies.

3. The Intervention may collect from the various entities involved the information it deems necessary to carry out the accounting aggregation or consolidation processes which, if appropriate, have established the Corporation's plenary session.

Where appropriate, the accounts of an entity may be added or consolidated even if the audit report has refused opinion or an unfavourable report has been issued or with caveats, although these circumstances may be they shall record in the General Account explanatory report.

Rule 49. Supplemental documentation.

1. The General Account shall be accompanied by:

a) The documents referred to in Rule 46.3.

(b) The annual accounts of the commercial companies in whose share capital the local entity has majority ownership.

(c) The annual accounts of those units that are dependent on the local entity falling within the scope of the Organic Law 2/2012 of 27 April 2012 on budgetary stability and financial sustainability not included in the (b) above or integrated into the General Account.

2. In the event that the Corporation's Plenary Session has established it, the General Account shall be accompanied by the integrated and consolidated statements of the accounts that it has determined.

Section 3. Approval

Rule 50. Approval of the General Account.

1. The General Account for each financial year shall be submitted before 1 June of the immediate financial year following the report of the Special Commission of Accounts of the local institution.

2. The General Account and the report of the Special Commission of Accounts shall be exposed to the public for a period of 15 days, during which, and eight more interested parties may submit complaints, objections or observations. The Special Commission and the Commission shall, in the same way as it considers necessary, issue a new report.

3. Accompanied by the reports of the Special Commission of Accounts and the complaints and objections formulated, the General Account will be submitted to the Plenum of the Corporation so that, if necessary, it can be approved before 1 October.

4. The approval of the General Account is an essential act for the audit of the account by the external control bodies, which does not require compliance with the actions reflected in it, nor does it generate responsibility for them.

Section 4

Rule 51. Storytellers.

1. The holders of the entities and bodies subject to the obligation to be accountable shall be accountable and in any event:

a) The President of the local entity.

(b) The Presidents or Directors of the self-governing bodies and of the business public entities.

(c) The Presidents of the Board of Directors of the local entity's subsidiaries.

(d) liquidators of the trading companies that are dependent on the local entity in the process of liquidation.

2. The accounts referred to in the previous paragraph are responsible for the accounting information, that is, for providing truthful information and for the annual accounts to reflect the true image of the assets, the financial situation, the result economic assets and the execution of the budget of the accounting institution.

The accounts must be submitted to the accounts before 15 May of the following immediate financial year to which they are duly authorised, the accounts to be sent to the external control body or bodies.

3. The accountability of the accountability is independent of the responsibility incurred by those who adopted the resolutions or performed the acts reflected in those accounts.

Rule 52. Surrender procedure.

1. In compliance with their obligation to be accountable, the accounts shall send their annual accounts, accompanied by the supplementary documentation referred to in Rule 46.3, to the intervention of the local authority within the time limit laid down in the paragraph 2 of the previous rule.

2. Once the General Account has been approved by the Corporation's plenary session, the President of the local authority will surrender to the body or external control bodies competent within the time limits provided for in the current regulations.

3. Where the external control bodies have established sending procedures by means of electronic, computerised or telematic means, the surrender of the General Account shall be adjusted to the requirements which, for the transmission and reception of communications through means and computer, telematic and electronic applications, are established in the Organic Law 15/1999, of December 13, of Protection of Data of Personal Character; in Law 30/1992, of 26 November, of Regime Legal of Public Administrations and of the Common Administrative Procedure; in Law 11/2007, of 22 June, of electronic access of citizens to Public Services; in the current regulations on electronic signatures; as well as in the regulations of the development of the norms mentioned in this rule.

In such cases, obtaining the annual accounts will be done by generating comprehensive files of the information to be displayed, the content and structure of which must conform to the technical specifications. established by the external control bodies.

CHAPTER III

Other Accounting Information

Section 1. Regular Information for the Plenary Session

Rule 53. Elaboration.

1. In compliance with the provisions of Article 207 of the recast of the Local Government Law Regulatory Law, the intervention of the local authority shall draw up information on the implementation of the budgets and the movement and the situation of the treasury, which is to be sent to the Corporation's plenary session, through the Presidency, within the time limits and at the intervals that the plenary has established.

2. The intervention of the local entity shall determine the structure of the states to reflect the information referred to in the previous paragraph, in accordance with the provisions of the Corporation's plenary session.

Rule 54. Content.

1. The information referred to in the preceding rule shall contain data relating to:

a) Running the current expense budget.

b) Running the current revenue budget.

c) The movements and situation of the treasury.

2. Information on the implementation of the current expenditure budget shall be shown for each budget item, at least the amount corresponding to:

(a) The initial credits, their modifications and the final credits.

b) The committed expenses.

c) Net recognized obligations.

d) Payments made.

In addition, the percentage they represent shall be stated: the expenditure committed in respect of the final appropriations, the net recognised obligations in respect of the final appropriations and the payments made in respect of the net recognised obligations.

3. Information on the implementation of the current revenue budget shall be shown for each budget application, at least the amount corresponding to:

a) The initial forecasts, their modifications and the final forecasts.

b) Net recognized rights.

c) Net collection.

The percentage that they represent shall also be stated: the net recognised rights in respect of the final forecasts and the net collection in respect of the net recognised rights.

4. The information on the movements and the situation of the treasury shall show at least the charges and payments made during the period to which the information relates, as well as the stocks in the treasury at the beginning and end of the period. that period.

Section 2. Current Budget Liquidation Advance

Rule 55. Elaboration.

The Intervention will prepare the Advance of the Liquidation of the current budget, as referred to in Article 18.b) of Royal Decree 500/1990, of 20 April, which develops Chapter I of Title VI of Law 39/1988, regulatory of Local Haciendas, which will be attached to the local entity's budget.

Rule 56. Content.

1. The Advance of the Liquidation of the current budget referred to in Article 168 of the recast of the Law of the Local Government, which must be joined to the corresponding budget of those integrated in the General Budget, Two parts will consist of:

-Part One: Liquidation of the budget referred to at least six months of the financial year.

-Part II: Estimate of the settlement of the budget as of December 31.

2. Its structure shall be determined by the Intervention in accordance with what is established by the institution's plenary session.

Rule 57. Part 1: Clearance of the budget referred to at least six months from the year.

This Part One will highlight the amount for:

1. In relation to the expense status, and at least chapter level:

(a) The initial credits, their modifications and the final credits.

b) Committed expenses, with indication of the percentage of execution on the final credits.

(c) Net recognised obligations, with an indication of the percentage of execution of the final credits.

(d) Payments made, with an indication of the percentage of execution on net recognised obligations.

e) The outstanding obligations for payment.

f) Credit Remainers.

2. In relation to the income statement, and at least chapter level:

a) The initial forecasts, their modifications and the final forecasts.

b) Recognized rights.

c) The nullified rights.

d) The rights canceled.

e) Net recognised rights, with an indication of the percentage of execution on final forecasts.

(f) Net collection, with indication of the percentage of execution on net recognised rights.

g) The rights to be charged.

h) Comparison of net recognised rights and final forecasts.

3. The Budget Result.

Rule 58. Part Two: Estimate of the settlement of the budget as at 31 December.

The Second Party shall make clear the amounts deemed to be presented by the Liquidation of the financial year. This information shall include at least the final credits and forecasts and the net recognised obligations and rights, with an indication of the rate of execution on the final credits and forecasts, respectively.

Section 3. Information for internal management and control organs

Rule 59. Information for the internal management and control bodies.

The accounting information system should enable economic and financial information to be obtained which, for the proper exercise of its functions, is requested by the various management bodies and by the bodies responsible for the internal control of the entity.

In any case, access to this information will be subject to the requirements that, in this respect, establish the current regulations.

Section 4. Information for other Public Administrations

Rule 60. Information for other Public Administrations.

The accounting information system shall permit obtaining the economic and financial information for which the reference to other public administrations is imposed by the current regulations.

ANNEX

Simplified Local Account Plan

INTRODUCTION

The Simplified Local Accounts Plan (hereinafter referred to as PCS) is an adaptation of the General Public Accounting Plan adapted to the Local Administration (hereinafter the PCN) for entities subject to the simplified model of local accounting and in its wording has been taken as a reference to the simplification operated in the General Plan of Accounting of Small and Medium Enterprises, approved by Royal Decree 1515/2007, of 16 November.

The PCS presents an identical structure to the PCN, dividing it into the following parts:

-Part One: The conceptual framework of public accounting.

-Part Two: Recognition and Valuation Standards.

-Part Three: Annual Accounts.

-Part Four: Chart of Accounts.

-Fifth Part: Definitions and Accounting Relationships.

International Standards applicable to Public Sector Accounting (NIC-SP) are configured as a reference to the interpretation of the PCS.

The Public Accounting Principles approved by the Commission of Principles and Public Accounting Standards may continue to apply in those aspects that do not object to the PCS.

The new PCS and their main differences with the PCN are described below.

Two are the simplification criteria that have inspired the elaboration of this Plan of Accounts:

a) Removing operations that are considered unusual in the entities to which you are targeting, and

b) The aggregation or elimination of information in cases where the loss of information derived from it is considered to be of little relevance.

The above simplification criteria have been materialized in the following aspects:

1. Removal of accounting treatment from unusual operations.

2. The grouping of first-order accounts within the same subgroup.

3. The aggregation or deletion of information in the annual accounts.

Among the unusual operations referred to in paragraphs (a) and (1) above may be mentioned in respect of accounting covers, stocks, assets constructed or acquired for other entities, foreign currency, activities Joint assets and contingent liabilities and mass issues of marketable securities.

In relation to the elimination from unusual operations, it is to be said that if any entity were to give these operations, appealing to the extra character that the PCN has in respect of the PCS, they would be registered according to the the accounting treatment foreseen for them on the PCN, in the following terms:

-The corresponding recognition and valuation rules would apply.

-The required information about such operations would be incorporated into the simplified annual accounts.

-First-order accounts could be used.

This shall not apply where the transaction relates to assets in the state of sale; these transactions shall in any event be applied to the accounting treatment provided for by the PCS for non-financial fixed assets.

Part One: The conceptual framework of public accounting.

The conceptual framework of public accounting is a novelty compared to the previous Account Plan and collects the documents that make up the annual accounts, the accounting information requirements, the accounting principles, the definition of the elements of the annual accounts and the accounting criteria for the recording and valuation of those items, in order to achieve the objective of the true image. This conceptual framework replaces and extends the first part "Accounting principles" of the PCS ' 04 and contains six sections: 1. the faithful image of the annual accounts, 2. the requirements of the information to be included in the annual accounts, 3. 4. º Elements of the annual accounts, 5. Registration criteria or accounting recognition of the elements of the annual accounts and 6. º valuation criteria.

This conceptual framework is virtually identical to that of the PCN and just as it harmonizes basic accounting concepts and constitutes support for the analysis and interpretation of accounting standards.

The objective of the annual accounts remains, as in the PCS ' 04, to show the true image of the assets, the financial situation, the economic outcome and the execution of the budget of the accounting institution, and for achieve this goal by introducing a new document into the annual accounts: the "state of changes in net worth".

As a novelty, it is pointed out that in order to achieve the true image to which the annual accounts must be conducted, in the accounting of operations, the economic reality and not only its legal form will be taken into account. An example of this new rule is the accounting of the leasing, in which the legal form of a transaction may have a different appearance than the real economic fund, in such a way that if they were to be the characteristics derived from the legal form, the annual accounts would not reflect the true picture of the financial situation and the economic outcome of the entity.

The information included in the annual accounts must meet the requirements of: clarity, relevance, reliability and comparability.

Among these requirements is that of reliability. The information is reliable when it is free from material errors and biases and can be considered as a true image of what it intends to represent. Compliance with this requirement implies that the information is complete and objective, that the economic background of the transactions prevails over its legal form and that it should be prudent in the estimates and valuations to be carried out under conditions of uncertainty.

The accounting principles are grouped together, distinguishing on the one hand those of an economic character (continuous management, accrual, uniformity, prudence, non-compensation and relative importance) and, on the other hand, budgetary character (budgetary allocation and disaffection). The old accounting principles of acquisition price, revenue and expenditure correlation, registration and accounting entity, which were included in the PCS ' 04, lose that character in this new Account Plan, although they are included elsewhere in the conceptual framework. Thus, the principles of correlation of revenue and expenditure and of registration are formulated as criteria for registration in paragraph 5. the principle of accounting entity goes to paragraph 1. the principle of the acquisition price is included among the Criteria for the assessment of paragraph

.

The accrual principle is more generally stated, referring not only to income and expenses, but also to assets, liabilities and equity, thus covering all the operations of the entity.

Another novelty to point out is the disappearance of the hierarchy of accounting principles, and in the event of a conflict, the principle that best leads to the annual accounts expressing the faithful image of the patrimony, of the financial situation and the economic outcome of the entity.

The definition, in paragraph 4. of the conceptual framework, of the elements of the annual accounts (assets, liabilities, net worth, income and expenditure, revenue and budgetary expenditure and charges and payments), constitutes another new highlight.

As far as the assets are concerned, in addition to having the economic control of the assets, the entity has to be likely to obtain in future economic returns or a service potential. It is therefore distinguished between the assets carrying "future economic returns" used to generate net inflows of cash and the assets carrying "service potential" used to generate social economic flows. which benefit the community. One of the consequences of the definition of assets is the disappearance of those referred to in the previous regulation as "fictitious assets", such as expenses to be distributed in various exercises, which do not meet the asset requirements in this PCS.

Liabilities are defined as current obligations arising from past events, the extinction of which is likely to result in a decrease in resources that incorporate economic returns or a potential for service. This definition of liabilities includes provisions. It should be noted as novelty, that the definition of liabilities as "current obligations" derives the need, in general, to update their value.

In relation to the definitions of revenue and expenditure, it is an important novelty that certain revenue and expenditure are directly accounted for in the net worth, without prejudice, where appropriate, to their subsequent imputation to the account of the patrimonial economic result. The new PCS does not identify the concept of income with the positive component of the account of the patrimonial economic result, as was the case in the PCS ' 04. This is the case with the grants received, which are generally accounted for as income in a specific item of net worth, which is imputed after the economic outcome in accordance with its purpose. A consequence of this new category of income and expenditure charged to equity, is the need to collect in a new state of the annual accounts, the "state of changes in net worth", in addition to other transactions, income and expenses recognised directly in the net worth.

In section 5 of the conceptual framework "Criteria for the recording or accounting of the elements of the annual accounts", the conditions to be met by the assets, liabilities, expenses, income, etc., are collected for their recognition on those accounts.

The assessment criteria set out in section 6 of the conceptual framework are subsequently developed in the standards for recognition and assessment of the second part of the Accounting Plan and the main novelty is the incorporation of the fair value used for the valuation of certain assets and liabilities, and which is defined as the amount by which a liability may be acquired or a liability, between interested and duly informed parties, that make a transaction in conditions of mutual independence. In any case, fair value has to be referred to as a reliable market value.

Other new valuation criteria are also: the residual value, the value in use, the recoverable amount and the amortised cost.

In relation to the "residual value" of an asset, the difference between the useful life and the economic life of an asset is highlighted, since the first refers to a subjective concept of the asset, in terms of its period of use by the accounting entity, while economic life is an objective concept: period during which the asset is expected to be usable by one or more users.

The "value in use" is defined differently for assets that incorporate future economic returns and for assets carrying service potential. For the former, it is defined as the current value of the expected cash flows through its use in the normal course of the activity of the entity and, where applicable, its disposal, updated at a risk-free market rate. For the service potential carrier assets, the "in-use value" is defined as the current asset value while maintaining its service potential, establishing that its determination will be made by the replacement cost of the asset minus the cumulative amortisation calculated on the basis of that cost to reflect the use already made of the asset.

The "recoverable amount" of an asset is defined as the largest between its fair value minus the selling costs and its value in use. This "recoverable amount" is used to calculate the impairment of non-financial fixed assets.

Finally, you include the definition of the "amortized cost" of an asset or financial liability, which is used in the valuation of credits and debits and that is the current value of the same using for your update the type of effective interest. The "amortised cost" is the amount to which an asset or financial liability was initially valued, minus the repayments of the principal, more or less as appropriate, the part of the difference between the initial amount and the redemption value in the the maturity of the assets in the account of the financial assets, including the use of the cash interest rate, and less any reduction in the impairment value in the case of financial assets. The effective interest rate is the rate that equals the accounting value of the financial asset or liability with the estimated cash flows over the lifetime of the asset. One of the consequences of this change in the criterion for the valuation of debts is the disappearance of the "expenses to be distributed in various financial years", since with the new valuation at amortised cost, the implied returns become due and recognised as higher debt value over the life of the debt using the effective interest rate.

In this valuation criterion, the PCS presents a simplification with respect to the PCN by not including in the calculation of the effective interest rate the financial commissions that are charged in advance in the grant of financing.

Part Two: Recognition and Valuation Standards.

Comprises the standards of recognition and valuation, which constitute a development of the accounting principles and other provisions contained in the first part of this Plan relating to the conceptual framework of public accounting. These rules are more extensive than those contained in the fifth part of the "Rules of Procedure" of PCS ' 04, which include recognition and assessment criteria for various heritage elements.

Simplification in this part basically consists of:

-The omission of those PCN rules that refer to unusual operations. In this respect, the following rules or part of them have been removed: mass issues of marketable securities, accounting coverages, stocks, assets constructed or acquired for other entities, foreign currency, contingent assets and liabilities, and joint activities

-Simplification of the rules on financial assets and liabilities, in particular, the non-distinction of financial investments or debts in the light of the existence or non-linkage between the accounting entity and the institution the purpose of the investment or debt holder, and the simplicity of the classification of the financial assets for the purposes of their valuation.

-Removing the rule relative to assets in the sales state, when this asset category is removed.

As regards the new features of this PCS in respect of PCS ' 04, in standard n ° 1, relating to the immobilized material, the criteria for the recognition of the elements of this immobilized are developed, adding to the traditional valuation criteria (acquisition price and production cost) fair value, in accordance with the definition contained in the conceptual framework.

The acquisition price, as a novelty, is incorporated into the current value of the obligations arising from the decommissioning of the asset and the restoration of its site, to the extent that a provision is recognised.

The activation of financial expenses is allowed, as in PCS ' 04, but greater requirements and conditions are required for this.

In relation to the cost of production, the process of distribution of indirect costs has been further specified.

Unlike the PCN, the use of the revaluation model is not allowed to value the fixed assets, so the goods must always be counted at the cost.

With regard to the permutts of goods, two cases are distinguished according to whether the assets exchanged are similar or not from a functional or useful life point of view.

In relation to the write-downs, it is worth noting, as a novelty, that the cost of the land is allowed to be amortized when it includes decommissioning, transfer and rehabilitation costs, with that portion of the land being depreciated over the course of the year. of the period in which the economic returns or the service potential are obtained for having incurred those expenses.

The rule establishes the need to periodically review the useful life and the method of amortization of the elements of the material immobilized, and the method of linear amortization, the rate of charge, may be used, among others. constant on book value or the sum of units produced. The choice of method shall be made on the basis of expected patterns of economic performance or service potential and if these cannot be reliably determined, the linear method of depreciation shall be adopted.

There is a need to make mention of value impairment adjustments, as they imply changes with respect to the PCS ' 04. Impairment is generally determined as the amount exceeding the accounting value at its recoverable amount, provided that the difference is significant. The rule sets out the circumstances to be taken into account by the institution at the end of the financial year to assess whether there is any indication of deterioration.

With regard to the registration of the particular cases of the immobilized material (infrastructure, communal assets and historical heritage) there is an important change. In the PCS ' 04 these goods were usually only recorded in the asset when the investment was being developed, and were discharged from a wealth account, when they were delivered to the general use. In the new PCS, they will be recorded in accounts when they meet the definition of assets and the recognition criteria set out in paragraphs 4 and 5 of the conceptual framework, applying the rules for the valuation of fixed assets. material. As far as the assets of the historical heritage are concerned, bearing in mind that on some occasions it is unlikely that their value in cultural, environmental or historical-artistic terms will be reflected in a market price, it has been regulated in the rule that, when they cannot be reliably assessed, information about the same will be given in memory.

The public heritage of the soil to which the recognition and valuation standard n ° 3 is concerned continues to have the same accounting treatment as in PCS ' 04, as a separate equity, and the valuation criteria of the Tangible fixed assets.

The real estate investments referred to in the recognition and valuation standard n. 4 are another new feature in the new Accounts Plan. These are real estate (land or buildings) which are to be obtained, or both, by lease or disposal, and not for use in the production or supply of goods or services, or for administrative purposes, or for its sale in the ordinary course of operations. These investments are applied to the valuation criteria of the tangible fixed assets. In the balance sheet they are specified in a specific item of the non-current asset.

With regard to the registration of intangible fixed assets (rule n. 5), there are no differences with the PCN, but with respect to PCS ' 04 when a more comprehensive regulation is collected. In addition, the criteria for recognition of the asset of the conceptual framework (probability of obtaining economic returns or service potential and reliability in the valuation) are also required, the need for intangible fixed assets to be identifiable (by being separable or arising from legal or contractual rights).

As a novelty, the possibility of intangible assets with indefinite shelf life is contemplated, in cases where there is no foreseeable limit to the period during which it is expected to generate economic returns. or service potential for the entity; for example: a license that can be constantly renewed at a cost that is not considered significant. These assets shall not be amortised, without prejudice to their possible deterioration.

As for the accounting treatment of research expenditure, activation is permitted when certain conditions are met, establishing their depreciation during their useful life, and always within the five-year period, Therefore, the same treatment as in PCN '04 (in the PCS' 04 did not cover the costs of the investigation). As far as development costs (also not covered by PCS '04) are concerned, in the new Plan if all the conditions set out in the standard are met, activation will be mandatory, as opposed to PCN' 04, in which activation was optional. In addition, the amortisation of capitalised development costs shall be made during the lifetime of the development costs which are presumed, unless otherwise tested, not exceeding five years.

It should also be noted that the accounting treatment of investments made on assets used under the operating lease or in use for a period of less than the economic life of the good, which are accounted for in a rubric of intangible fixed assets. This accounting treatment does not coincide with that of the PGC of the companies, in which they are treated as tangible fixed assets, since if the assets received in use for a period less than the economic life of the good are accounted for in this new Plan of Accounts as intangible, it has been considered consistent that investments made on such assets are accounted for as the highest value of intangible, with these operations being more frequent in public administrations than in companies.

Standard n. 6 "Leases and other operations of a similar nature" introduces significant changes in respect of the PCS ' 04 in terms of financial leasing. The rule provides that the lease is financial, where the economic conditions of a lease agreement are deduced that all the risks and advantages inherent in the ownership of the active object of the lease are transferred substantially. contract, regulating the rule of cases in which such a transfer is presumed.

For the service potential carrier assets, it has been deemed necessary to establish special criteria in relation to the leasing. In this sense, it is presumed, in any event, that for this type of assets the transfer of the risks and advantages inherent to the property of the asset object of the contract does not occur when the public entity retains the potential of public service These assets are incorporated in the generation of social economic flows that benefit the community.

The rule regulates the accounting record of the operation from the tenant's and the landlord's perspective. Unlike PCS ' 04, in which the lessee registered an intangible fixed asset, in the new Plan the lessee will register an asset, according to the nature of the well-leased, the counterpart being a financial liability. The assets and liabilities are accounted for in the new Plan by the sum of the lease fees corresponding to the recovery of the cost of the good during the lease term, including, where applicable, the option to buy and exclude the quotas of a contingent nature (amount dependent on a variable set out in the contract), as well as the costs of services and expenses that cannot be activated. This value will not be updated as opposed to the PCN. The lessor, for its part, shall register a right to charge for the fair value of the good plus the initial direct costs of the lessor, and shall at the same time deregister the asset by its accounting value by registering, where appropriate, a result of the exercise.

Unlike the PCS ' 04, the accounting treatment of the sale with a subsequent lease has been specifically regulated, so that, when the economic conditions of the transaction result, it is a method of financing, the lessee will not vary the rating of the asset, nor will it recognise results derived from this transaction, recording the amount received with credit to a financial liability item. The lessor shall account for the transaction as provided for in the recognition and valuation standard n. 7 "Financial assets".

The 7 "Financial Assets" standard is one of the most important developments in this Plan of Accounts. The valuation of these financial assets does not depend, as in the PCS ' 04, on their nature, but on the initial classification assigned to them, which will, in some cases, depend on the entity intending to keep them until maturity. or intend to sell them in the short term. The standard of financial assets to cash, capital instruments or equity instruments of another entity and the rights to receive cash or other financial assets of a third party or to exchange with an active or passive third party financial on potentially favourable terms.

Financial assets are classified, for the purposes of their valuation, to: (a) amortised cost financial assets, (b) fair value financial assets with changes in results and (c) financial assets at cost. This classification is simpler than the one contemplated in the PCN.

The amortised cost financial assets include, in addition to the credit for transactions arising from the entity's usual business, other financial assets, which are not equity instruments, or traded in an active market, is not included in the category of financial assets at fair value with changes in results. It also comprises the financial assets acquired with the after-sale agreement at a fixed price or at the initial price plus the lender's normal return.

In fair value financial assets with changes in results, financial assets are included which, trading on an active market, are acquired for the purpose of making them in the short term, except for acquired assets. with the sale agreement at a fixed price or at the initial price plus the normal profitability of the lender.

Financial assets at cost include investments in equity instruments except those that, trading on an active market, have been acquired for sale in the short term.

It is worth mentioning, as a novelty, the subsequent valuation of financial assets at fair value through changes in results. For these assets, differences in fair value shall be attributed to the results of the financial year, whether or not they have materialised.

It should also be noted, as a change from the PCS ' 04, the need to update the valuation of the financial assets at amortised cost. However, it has been established that short-term maturity financial assets that do not have a contractual interest rate are valued at their nominal value. Assets in this category with long-term maturity that do not have a contractual interest rate may be assessed on the nominal basis and long-term loans with subsidised interest may be valued for the amount delivered, where the effect of the overall non-update is not significant in the annual accounts of the institution. As a result, the securities and deposits constituted shall be valued at all times for the amount delivered without updating.

The reclassification of financial assets from one category to another, which on the PCN is supported with limitations, in the PCS is not allowed, for simplicity.

Finally, the rule regulates the decline of financial assets. The main novelty is the way in which the disposals of financial assets are recorded when the institution maintains the risks and advantages inherent in the ownership of the assets, in which case it will not discharge the financial asset and recognise a financial liability for the consideration received.

Financial liabilities, regulated by the recognition and valuation standard n. 8, are defined as an enforceable and unconditional obligation to deliver cash or other financial assets to a third party or to exchange with a third party. financial assets or liabilities under potentially unfavourable conditions. Unlike the PCN, there is no classification by categories of financial liabilities.

On the same line as financial assets, items to be paid with short-term maturity that do not have a contractual interest rate shall be valued at their nominal value. The amounts payable in the long term without a contractual interest may be valued at nominal value and the loans received in the long term with interest subsidies may be valued for the amount received, where the effect of the update as a whole is not significant in the annual accounts of the institution. The bonds and deposits received shall be valued at all times for the amount received without updating.

The decline in financial liabilities, as a general rule, will be recorded when the obligation has been met or cancelled.

The inclusion of the accounting treatment of certain financial instruments that have emerged as a result of the dynamic nature of the financial markets should also be highlighted. The inclusion of the accounting treatment of the exchange of financial liabilities should be mentioned as a novelty.

The standard of recognition and valuation n. 9 "Value added tax and general indirect tax" does not undergo significant changes with respect to the standard of recognition and corresponding assessment of PCS ' 04. The rule specifies that, without prejudice to the rule concerning changes in accounting criteria and estimates and errors, it shall not alter the initial valuations of the corrections in the amount of the non-deductible input tax, in (a) the adjustments resulting from the regularisation resulting from the definitive pro rata, including the adjustment for investment goods. Such corrections shall be recognised as expenditure or income on the outcome of the financial year.

The standard of recognition and valuation n. 10 "Revenue with consideration" specifies the requirements to be met by the transaction so that the income derived from the transaction can be recognized. In the case of sales revenue, in addition to the general criteria, the following must be fulfilled: (a) the entity has transferred to the buyer the risks and advantages of a significant type, irrespective of whether or not the legal title is transferred; property, (b) that the entity does not retain any involvement in the current management of the goods sold, nor retains the effective control of the goods and (c) that the expenses associated with the transaction can be measured reliably.

The standard of recognition and valuation n ° 11 "Income without consideration" presents as main novelty the possibility of recognizing tax revenues, when the taxable event takes place and the criteria of recognition of the asset, allowing the use of statistical models provided that they have a high degree of reliability to determine the amount of the asset when the tax clearance is carried out in a post-completion period of the taxable event. In addition, it is established that the tax revenue will be determined by its gross amount. The benefits that are paid to taxpayers through the tax system, which in other circumstances would be paid using another means of payment, constitute an expense and must be independently recognized, with income increased for the amount of such expenditure. Instead, income from the amount of tax expense (deductions) should not be increased, as they are income to which it is waived and do not result in inflows or outflow of resources.

With respect to the recognition and valuation standard n. 12 "Provisions" contains the recognition criteria that must be met to account for a provision, in particular: that there is an obligation present (legal, contractual or implicit), as a result of a past event, that the entity is likely to have to divest resources and that a reliable estimate of its amount can be made.

Unlike the PCN, this rule does not provide for the updating of the disbursements that are expected to be necessary to cancel the obligation, so that the amount of the provision will be the nominal value of the disbursements without update.

The standard of recognition and valuation n. 13 "Transfers and grants" presents new developments with respect to PCS ' 04. The rule defines, first, what is meant by transfers and grants to the sole effects of this Plan, i.e. for accounting purposes. Grants, where there are doubts about the fulfilment of the conditions and requirements associated with their enjoyment, shall be considered to be reintegrable and the transaction shall be treated as a liability in the receiving entity.

With regard to the treatment of transfers and subsidies granted, there are no significant changes in respect of PCS ' 04, only the obligation to account for a provision should be noted at the end of the financial year. pending compliance with any of the conditions laid down for their perception, but there are no reasonable doubts about their future compliance.

As for the transfers and grants received, the income will be recognised by the beneficiary entity when there is an individual agreement to grant the entity, the conditions have been met associated with their enjoyment and there are no reasonable doubts as to their perception, without prejudice to the allocation of the budget. Where the condition associated with the enjoyment of a subsidy involves a certain behaviour of the beneficiary entity for a number of years, for example, to maintain an asset or level of employment over a period of time, it shall presume compliance with the conditions associated with the enjoyment provided that it is so at the time of the drawing up of the annual accounts for each of the financial years to which it is concerned.

As for its accounting record, non-reintegrable received grants are generally qualified as income directly imputed to the net worth that will subsequently be transferred to the income account. financial assets according to their purpose, for example, when they finance expenditure, in a manner correlated to them, and when they finance the acquisition of assets, in proportion to the useful life or when their discharge or disposal occurs. For their part, the transfers received shall be charged to the result of the exercise in which they are recognised.

Transfers and grants granted by the owning entities in favour of a dependent public entity shall be accounted for in accordance with the above criteria. However, the initial equity contribution, as well as subsequent extensions to the assumption of new powers by the subsidiary, will be recorded by the owning entities as investments in the assets of the institutions. (a) the value of the financial assets of the financial assets of the financial assets of the institution; For the dependent entity it shall constitute a contribution to be recorded in equity.

The standard of recognition and valuation n. 14 "Adscriptions and other free disposals of the use of goods and rights" also presents new developments with respect to PCS ' 04. This rule, which refers to the criteria for recognition and assessment of the transfer and grant rule, includes transactions for which assets are transferred free of charge from one entity to another for use by the latter. at a particular destination or end, so that if the goods or rights are not used for the intended purpose, they should be reversed or returned to the contributing entity.

If the free transfer or transfer of the good is for a period of less than the economic life of the property, the beneficiary entity shall register an intangible fixed asset for the fair value of the right of use of the goods transferred. If the free entry or transfer is for an indefinite period or similar to the economic life of the good, the beneficiary entity shall record in its asset the item received according to its nature and the fair value of the item on the date of the assignment.

In the event of the attachment of a public entity's property or rights to its dependent public bodies, the beneficiary entity shall record the right or right received by the fair value of the entity with credit to an account of heritage. The PCS ' 04, however, prescribed its registration for the net book value of the same in the entity under credit to a wealth account received in subscription.

The entity shall, in general, account for a financial asset for the fair value of the good or right provided with credit to the account of the property, recording, if applicable, a result of the difference between the fair value of the asset and its book value, whereas with the PCS ' 04 the entity under consideration accounted for the loss of the good delivered by its net book value, using as a counterpart a wealth-clearing account delivered in attachment.

With regard to the free disposals of goods and rights (where there is no dependency between the entities), in the new PCS the transferee entity that receives the good or the right will register it with the fair value with credit to a net worth account and, subsequently, the property economic result shall be attributed in proportion to the allocation to the amortisation of the good or the right or, where appropriate, when its disposal or disposal takes place. In the PCS ' 04, the transferee entity recorded the good by the value of the venal with credit to a wealth account received in cession, remaining in that account until, in its case, the reversal of the good was produced. The transferor of the good or the right, in the new PCS, shall record a subsidy expense, for the book value of the property or right transferred, with credit to the account that corresponds to the nature of the property or the transferred right. In the PCS ' 04, the transferor entity gave out the well-transferred, by its net book value, from a wealth account handed over to the cession.

In the case of real estate received in assignment or assignment, it is permitted that, in the absence of other securities, the valuation can be carried out for the value assigned to them, for tax purposes of the transmissions. heritage, the Autonomous Community in which they radiate.

The accounting treatment of the recognition and valuation standard n. 15 "Changes in accounting and error criteria and estimates" differs from that in the PCS ' 04, in which the change was considered to occur at the beginning of the exercise and included as an extraordinary result the cumulative effect of the changes in assets and liabilities calculated at that date. In the new PCS, changes in accounting criteria and errors that are of relative importance are applied retrospectively from the earliest financial year of which information is available against a net worth account. If the change in the accounting criterion is produced by regulatory imposition, it shall be treated in accordance with the transitional provisions of the rule that imposes the change and, failing that, the above criterion shall apply.

Changes in accounting estimates that result from obtaining additional information, greater experience or knowledge of new facts will be accounted for in a forward-looking manner, according to the nature of the operation in question, the result of the exercise or the net worth.

Finally, the regulation of the post-closure events in the recognition and valuation standard n. 16 is another novelty. The rule distinguishes between:

(a) Any subsequent events which show conditions which already existed at the end of the financial year, which shall be taken into account for the formulation or, where appropriate, for the reformulation of the annual accounts, their approval by the competent body, by motivating an adjustment, in-memory information or both; and

(b) The facts after the end of the financial year that show conditions that did not exist at the end of the financial year, not assuming an adjustment in the annual accounts, without prejudice to including, where appropriate, information in the accounts with an estimate of its effect, or of the impossibility of making such an estimate.

Part Three: Annual Accounts.

In relation to the aggregation or elimination of information included in the annual accounts, it is important to highlight, firstly, the removal of one of the documents included in the annual accounts provided for in the PCN, in particular, the state of cash flows and their replacement by information on the cash flow in memory. In addition, in the presentation of the annual accounts, the concepts of entity of the group, multi-group entity and associated entity are not taken into account, as opposed to the annual accounts of the PCN.

The documents that make up the annual accounts comprise the balance sheet, the account of the economic income, the state of changes in the net worth, the state of settlement of the budget and the memory.

In this part of the PCS the main novelty is the incorporation of a new state: the state of changes in net worth.

In the balance sheet, the distinction between current and non-current assets and liabilities (in the PCS ' 04 was distinguished between short and long term); the presentation of accumulated write-downs and value adjustments for impairment by minorating the corresponding asset items, which will be included in the net amount (in the PCS ' 04 the write-downs were reflected in the balance sheet in separate items, decreasing the corresponding asset items); the new the structure of the net worth, including the equity, the equity, the wealth generated and grants received pending imputation to results.

Disappear, therefore, with respect to PCS ' 04, the accounts of assets in addition, in transfer and given to the general use, as well as the rights on goods under the financial lease, by the new criterion of recognition and valuation of the financial leases, and the expenses to be distributed in several financial years, which shall become part of the liability as they become due in accordance with the amortised cost criterion. Other headings appear in the balance sheet, such as real estate investments, in line with the rules of recognition and valuation.

In relation to the account of the patrimonial economic result, it is necessary to highlight its presentation as a novelty in the form of a list, rather than in two columns, which is as it was in the PCS ' 04. Unlike this one, in the new results account, several intermediate margins are made up which, by aggregation, will form the total result of the exercise (saving or saving).

The state of changes in equity is the new state that is incorporated in the annual accounts and reports the amount and composition of the entity's net worth and the causes or reasons for its variation. It is simplified with respect to the PCN model and consists of two parts: 1) Total state of changes in equity and 2) State of property operations with the owning entity or entities.

The first part of this state (total state of net worth changes) reports all changes in net worth arising from adjustments due to changes in accounting criteria and corrections of errors, revenue and expenditure recognised in the financial year and of the property transactions with the owning entity or entities, as well as other changes in net worth. The second part (the state of property operations with the owning entity or entities) details the transactions carried out with the entity or entities owned by the entity.

The budget settlement status does not undergo significant modifications to the PCS ' 04.

The memory includes, in general, more extensive and detailed information than that of the PCS ' 04. The information on the standards of recognition and valuation applied and on the various heritage elements, in particular those forming the non-current asset and liability, is extended. New information is also included as the result of resource management on behalf of other public entities. Information on the implementation of the expenditure projects has been incorporated in the budget information and the individual detail of each of the expenditure involved has been eliminated. In addition, the configuration of the "average payment period" and "average charging period" indicators is modified in the same sense as the PCN does.

In the Memory of this Plan, compared to that of the PCN:

a) The following information has been omitted as being of little relevance to the entities applying the PCS:

-Administrative hiring. Award procedures.

-Environment information.

-Presentation by activities of the account of the wealth economic result.

-Current budget income commitments and from subsequent exercise budgets.

-Variation of previous exercise budget results.

-Information about the cost of activities.

-Management indicators.

b) Information on cash and equivalent liquid assets has been added, replacing the cash flow statement.

Part Four: Chart of Accounts.

The fourth part includes the "Chart of Accounts" which, as in the PCS ' 04, has a mandatory character, except in the case of group 0 "Budget Control Accounts" which is optional.

The Chart of Accounts extends its content to accommodate new operations in recognition and valuation standards, although it maintains as much as possible traditional simplification through the grouping of first-order accounts.

From the detailed analysis of the "Chart of Accounts" they deserve special mention:

GROUP 1 "BASIC FINANCING":

-The subgroup 10 "Heritage" is structured in two accounts, the 100 "Heritage" and the 101 "Heritage received", to collect the assets of the accounting entities according to whether they are owning entities or not. Thus, the account 100, reserved for proprietary entities, collects the difference between the asset and the liability payable, deducted the results and the grants received pending results, while the account 101, usable by the other accounting entities, it collects the capital contributions received from its own entity or entities.

-Subgroup 13 "Value Change Grants and Adjustments" collects the grants that are considered to be income from net worth and non-income from the year.

-Subgroup 14 "Long-term Provisions" is created to collect those estimated obligations with a maturity of more than one year.

-In sub-group 17 "Long-term debt to other entities", the debt is collected, inter alia, by qualified grants of reintegrables that may arise as a result of the new accounting treatment that the grants received.

GROUP 2 "ACTIVE NOT CURRENT":

-Subgroup 21 "Material assets" includes the assets (infrastructure, historical assets, communal assets) that were included in the PCS ' 04 in the subgroup 20 "Investments for general use". In the new PCS these goods are considered to be fixed assets and are not discharged in accounting when they become operational, as they comply with the definition of assets.

-A new subgroup is included, the 22 "Real Estate Investments", to collect those real estate that is dedicated to obtaining cash flows through its lease or sale and not to the production or supply of goods or services or for administrative purposes.

-The new subgroup 23 "Material assets and real estate investments in progress" includes the works of adaptation, construction and assembly of the goods that form tangible fixed assets, except those made on goods of the public heritage which are included in a specific subgroup (24). It also collects advances on such goods.

-Account 265 collects long-term debtors for deferment and fractionation that were collected in the account 444 of the PCS ' 04.

-Some sub-group 28 accounts "Cumulative amortization of tangible fixed assets" are disaggregated into second-order accounts to facilitate the presentation of balance sheet information.

-In the new subgroup 29 "Non-current asset value impairment" are included to collect value impairment valuation corrections in non-current assets, which in the PCS ' 04 were not included. The accounts of this sub-group include the 299 "Impairment Of Value for Transferred Assets of the Immobilized Material" to collect the value adjustments resulting from the free transfer of the use of items from tangible assets to third parties by a period of time less than the economic life of the goods transferred.

GROUP 4 "CREDITORS AND DEBTORS":

-Subgroup 41 "Non-budgetary creditors" includes the new account 411 "Creditors for accrued expenses" and the account 418 "Creditors for return of income and other mini-prayers" that in the PCS ' 04 was located in the subgroup 40 "Budget creditors".

-The account 444 "Long-term debtors for deferment and fractionation" of PCS ' 04 is eliminated and these debtors are transferred to the account 265 of the fixed non-current financial, to give them a more appropriate lacy given its expiration period.

-Subgroup 45 "Debtors and creditors for the management of resources on behalf of other public entities" is incorporated. In this case, two situations are distinguished with regard to the accounting treatment of transactions in the managing body, depending on whether it provides the entity holding the resources with all the information on the management operations that is necessary. for its accounting record or if, on the other hand, the managing body is not in a position to provide the holding entity with such information. Where the managing body provides the information necessary for the holder to reflect all the operations of its resources as if it is managed by the entity, the managing body shall only use the public accounts 453 ' Income to be settled "and 456" Public Entes, c/c. cash "; otherwise it should use subgroup 45 in full, as on PCN '04 (these operations were not foreseen in PCS' 04).

-The subgroup 48 "Adjusting adjustments" is created to record anticipated expenses and expenses.

GROUP 5 "FINANCIAL ACCOUNTS":

-In sub-group 52 "Short-term loans for loans received and other concepts" are included, among others, short-term debts for reintegrable grants, in line with the aim of the non-current liability.

-In sub-group 55 "Other financial accounts" includes, inter alia, account 550 "Non-bank current accounts", which shall include, in addition to other transactions, the deliveries to account received by the incumbent on the part of the the administrator of his or her resources, as well as the final liquidation that is carried out periodically. In addition, the accounts 556 "Internal cash movements" and 557 "formalisation" are included. These operations, on PCN ' 04, were included in the subgroup 57 "Treasury".

-Subgroup 56 "Fiances and deposits received and made up in the short term and adjustments for the period" are transferred to the sub-group " adjustments for the financial character that, in the PCS ' 04, were recorded in the subgroup 58 "Adjustments for Periodicification".

-In sub-group 57 "Treasury", account 577 "Cash-equivalent liquid assets" is created to collect financial investments that have a high degree of liquidity and, as has already been stated, the accounts for the collection of Internal cash movements and charges and payments in formalisation are transferred to sub-group 55 "Other financial accounts".

-In the new sub-group 58 "Short-term visions", those estimated liabilities whose cancellation is expected in the short term are collected. This subgroup adds, in respect to those specified in the sub-group 14 "Long-term Provisions", the short-term provision for return of income (account 585), which collects those tax refunds and other income that the institution expects perform in a period not exceeding the year and where there is uncertainty about their exact amount or maturity.

GROUP 6 "PURCHASES AND EXPENSES BY NATURE":

-This group does not present any new developments, and it can only be highlighted that the subgroup 69 "Loss losses" (called "Provisions to provisions" in the PCS ' 04) extends its development into accounts to collect all the property elements susceptible to this valuation correction.

GROUP 7 "SALES AND REVENUE BY NATURE":

-In sub-group 73 "Indirect taxes" the "municipal tax for suntuary expenses" is specified in the account 735.

-In subgroup 75 "Transfers and grants", specific accounts are created to collect the imputation to the economic result of the grants received that have originally been classified as revenue net worth.

GROUP 0 "BUDGET CONTROL ACCOUNTS":

-The use of the Group 0 budget control accounts becomes optional, without prejudice to the fact that transactions are recorded as a simple item in the development accounts of the execution of the budget and provide the relevant information in the annual accounts. However, for those entities that consider their use to be appropriate, the accounts have been maintained and their movements defined.

Fifth Part: Definitions and Accounting Relationships.

It is dedicated to the definitions and accounting relationships of the groups, subgroups and accounts of the Plan. The accounting relationships define the most common reasons for the charge and the payment of the accounts, without exhausting all the possibilities that each one admits. Therefore, in the case of transactions for which the accounting has not been expressed in an express manner, their registration shall be carried out in accordance with the accounting records which apply to the criteria laid down in general.

FIRST PART

The conceptual framework of public accounting

1. The faithful image of annual accounts.

Annual accounts should provide useful information for economic decision-making and constitute a means to the institution's accountability for the resources that have been entrusted to it. To this end, they should be clearly worded and show the true picture of the assets, the financial situation, the financial assets, and the implementation of the accounting institution's budget.

For such purposes, it constitutes the accounting entity all with legal personality and own budget, which must form and account.

The annual accounts comprise the following documents that form a unit: the balance sheet, the economic income statement, the state of changes in equity, the state of settlement of the budget and the memory.

The systematic and regular application of the information requirements and accounting principles and criteria included in the following paragraphs should lead to the annual accounts showing the above mentioned true image. For this purpose, in the accounting of transactions, it will be in line with its economic reality and not only in its legal form.

When it is considered that compliance with the information requirements and accounting principles and criteria included in this Simplified Local Account Plan is not sufficient to show the above true image, provide in-memory accurate supplemental information to achieve this goal.

In those exceptional cases where such compliance is incompatible with the true and fair image to be provided by the annual accounts, that application shall be deemed to be inappropriate. In such cases, this circumstance will be sufficiently motivated, and its influence on the entity's assets, financial situation and results will be explained.

2. º Requirements of the information to be included in the annual accounts.

The information included in the annual accounts must meet the following requirements or features:

a) Clarity. The information is clear when the recipients of the information, based on a reasonable knowledge of the activities of the entity and the environment in which it operates, can understand its meaning.

b) Relevance. The information is relevant when it is useful for the assessment of events (past, present or future), or for the confirmation or correction of previous evaluations. This implies that the information must be timely, and understand all those that have relative importance, that is, that their omission or inaccuracy can influence the economic decision-making of any of the recipients of the information.

c) Reliability. The information is reliable when it is free from material errors and biases and can be considered as a true image of what it intends to represent. Compliance with this requirement implies that:

-The information is complete and objective.

-The economic fund of operations shall prevail over its legal form.

-It should be prudent in estimates and valuations to be performed under conditions of uncertainty.

d) Comparability. The information is comparable, where it can be compared with that of other entities, as well as with that of the entity itself for different periods.

3. Accounting Principles.

1. The accounting of the institution shall be carried out by applying the following accounting principles of economic character:

(a) Continuous management: It shall be presumed, unless otherwise proved, that the entity's activity continues for an indefinite period. Therefore, the application of these principles shall not be aimed at determining the value of the assets.

(b) Devengo: Transactions and other economic facts shall be recognised on the basis of the actual current of goods and services which they represent, and not at the time of the monetary or financial current derived from those. The items recognised in accordance with this principle are assets, liabilities, equity, income and expenses.

If the actual current of goods and services cannot be clearly identified, the expenditure or revenue, or the corresponding element, shall be recognised when changes in assets or liabilities affecting them occur.

(c) Uniformity: adopted an accounting criterion within the permitted alternatives, must be maintained in time and applied to all heritage elements having the same characteristics as long as they are not altered. assumptions that motivated your choice.

If justified alteration of the criteria used, this circumstance shall be recorded in the memory, indicating the quantitative and qualitative impact of the variation on the annual accounts.

d) Prudence: A degree of caution must be maintained in the judgments on which estimates are derived under conditions of uncertainty, such that assets or income are not overvalued, and that the obligations or the costs are not underestimated. However, the exercise of prudence must not result in the minusvaluing of assets or income or the over-valuation of obligations or expenses, which have been carried out intentionally, since this would deprive the information of neutrality, assuming a Impairment to its reliability.

(e) Non-compensation: The assets and liabilities of the balance sheet, the items of expenditure and revenue that make up the account of the economic income or the state of changes in the net worth shall not be compensated. shall separately assess the components of the annual accounts, except in cases where they are exceptionally regulated.

(f) Relative importance: The application of accounting principles and criteria must be presided over by the consideration of the importance in relative terms that they and their effects may present. Consequently, the strict application of any of them may be admissible, provided that the relative importance in quantitative or qualitative terms of the variation found is scarcely significant and does not alter, therefore, the Faithful image of the patrimonial situation and the results of the economic subject. Items or amounts whose relative importance is scarcely significant may be grouped together with other items of a similar nature or function. The application of this principle may not in any case involve the transgression of legal standards.

In cases of conflict between the preceding accounting principles, the one that best leads to the annual accounts expressing the faithful image of the patrimony, the financial situation and the economic outcome should prevail. assets of the entity.

2. The accounting principles of a budgetary nature as set out in the applicable budgetary rules shall also apply, in particular the following:

(a) Principle of budgetary allocation: The allocation of the operations to be applied to the expenditure and revenue budgets shall be carried out in accordance with the following criteria

-The budgetary expenditure and revenue shall be charged in accordance with its economic nature and, in the case of expenditure, in addition, in accordance with the purpose which it is intended to achieve. The budgetary expenditure and revenue shall be classified, where appropriate, by the body responsible for its management.

-The budgetary obligations arising from acquisitions, works, services, benefits or expenses in general shall be charged to the budget of the financial year in which they are carried out and charged to the respective appropriations; shall be charged to the budget for the financial year in which they are recognised or liquidated.

(b) Principle of disaffection: In general terms, the revenue of a budgetary character shall be used to finance all expenditure of that nature, without any direct relationship between each other. In the event that certain budgetary expenditure is financed from specific budgetary revenue to them, the accounting system shall reflect this and allow it to be monitored.

4. º Elements of annual accounts.

1. The elements of the annual accounts related to the equity and financial position of the institution, which are recorded in the balance sheet are:

(a) Assets: Assets, rights and other resources economically controlled by the entity resulting from past events, of which the entity is likely to obtain in future economic returns or a service potential. They will also be qualified as assets that are necessary to obtain the economic returns or service potential of other assets.

Future economic performance-bearing assets are those that are held in order to generate commercial performance through the provision of goods or services with the same: an asset generates a Commercial performance when used in a manner consistent with that adopted by profit-making entities. The holding of an asset to generate a commercial performance indicates that the entity intends to obtain cash flows through that asset (or through the unit to which the asset belongs) and to obtain a return that reflects the risk that involves the possession of the same.

The "service potential" carriers are those that have a different purpose than to generate a commercial performance, such as the social economic flows that generate such assets and that benefit the community, that is, their social benefit or potential for service.

b) Liabilities: Current obligations arising as a result of past events, the extinction of which is likely to result in a decrease in resources incorporating economic returns or a potential for service. For these purposes, provisions are understood to be included.

(c) Net worth: It constitutes the residual part of the assets of the institution, after deduction of all liabilities. It includes the contributions made, either at the time of its constitution or in subsequent ones, by the entity or entities that own, that do not have the consideration of liabilities, as well as the accumulated results or other variations that affect.

2. The elements related to the measure of the economic income and other adjustments in equity, which are reflected in the account of the economic income or in the state of changes in equity are:

(a) Income: Increases in the net worth of the entity, either in the form of entries or increases in the value of the assets, or in the form of a decrease in liabilities, provided that they do not have their origin in capital contributions, currency or not, of the entity or entities that own when they act as such.

(b) Expenditure: Decrements in the entity's net worth, either in the form of outflows or decreases in the value of assets, or in the recognition or increase of liabilities, provided they do not originate from returns of Capital contributions and, where applicable, distributions, monetary or otherwise, to the owning entity or entities when they act as such.

The revenue and expenditure for the year shall be attributed to the profit or loss of the year, except where appropriate direct allocation to equity in accordance with the provisions of Part Two of this Simplified Local Account Plan.

3. The items related to budget execution that are reflected in the budget settlement state are:

(a) Budget expenditure: These are the flows of appropriations entered in the expenditure budget of the institution. Its implementation entails obligations to pay for budget items of expenditure, acquisition of assets or the cancellation of financial liabilities.

Therefore, this term is reserved for those flows that must be imputed to the settlement state of the entity's budget. It should not be confused with the term 'expenditure', as there are budgetary expenditure which does not constitute expenditure and vice versa.

b) Budget revenue: These are the flows that determine resources to finance the entity's budgetary expenditure. They generate budgetary receivables, which must be charged to the corresponding budget, with origin in revenue, in the disposal, maturity or cancellation of assets, in the issuance of financial liabilities, in the reduction of expenditure or in the increase in net worth.

Therefore, this term is reserved for those flows that must be imputed to the settlement state of the entity's budget. It should not be confused with the term "income", as there are non-income and vice versa budget revenues.

4. Items related to cash movements are:

a) Cobros: They are cash inflow flows and assume an increase in the entity's treasury.

b) Payments: These are cash outflow flows and assume a decrease in the entity's cash flow.

5. Registration criteria or accounting recognition of the items in the annual accounts.

1. Registration criteria.

Accounting record or recognition is the process by which different elements of the annual accounts are incorporated into the accounts when they meet the definitions in the previous paragraph and the criteria set out in this paragraph. All economic facts must be recorded in the timely chronological order.

2. Assets and liabilities.

Assets must be recognized in the balance sheet when:

-it is considered likely that the entity will obtain, from the same, economic returns or service potential in the future,

-and whenever they can be reliably valued.

The first of the two conditions assumes that the risks and benefits associated with the asset have been transferred to the entity.

The accounting recognition of an asset also implies the simultaneous recognition of a liability, or of an income, or the decrease of another asset or of an expense, or the increase in net worth. In addition, any decrease in the economic returns or expected service potential of the assets shall be recognised, whether motivated by their physical deterioration, by their wear and tear through use, or by their obsolescence.

A liability will be recognized in the balance sheet when:

-It is considered likely that, at maturity, and in order to settle the obligation, resources that incorporate economic returns or future service potential should be delivered or transferred.

-And it is necessary that its value can be reliably determined.

Accounting recognition of a liability involves the simultaneous recognition of an asset or an expense, or the decline of another liability, or of income or net worth.

In the case of assets and liabilities which are also reflected in the implementation of the budget, the said recognition may be carried out when, in accordance with the procedure laid down in each case, the corresponding acts determining the recognition of expenditure or budgetary revenue. In this case, at least at the closing date of the period, even if such acts have not been issued, the assets and liabilities accrued by the institution up to that date shall be recognised on the balance sheet.

3. Revenue and expenditure.

The recognition of income in the account of the economic outcome or in the state of changes in the net worth, takes place as a consequence of an increase in the economic resources or the potential of service the entity, either by an increase in assets, or a decrease in liabilities, and provided that its value can be reliably determined. Therefore, it involves the simultaneous recognition of an asset, or an increase in an asset, or the disappearance or decrease of a liability.

An expense must be recognized in the account of the economic income or in the state of changes in equity, when there is a decrease in economic resources or the service potential of the entity, either by a decrease in assets, or an increase in liabilities, and provided that the amount of the assets can be assessed or estimated reliably. The recognition of an expense implies, therefore, the simultaneous recognition of a liability, or an increase in it, or the disappearance or decrease of an asset. Contrary, the recognition of an obligation without simultaneously recognizing an asset related to it, implies the existence of an expense, which must be reflected contably.

In the case of expenditure and revenue which also reflect in the implementation of the budget, this recognition may be carried out when, in accordance with the procedure laid down in each case, the corresponding acts determining the recognition of expenditure or budgetary revenue. In this case, at least at the date of the end of the period, even if the said acts have not been issued, the expenditure and revenue shall be recognised in the account of the economic income or in the statement of changes in the net worth. accrued by the entity up to that date.

In any event, the same annual account period, expenses and revenues shall be recorded as directly and jointly arising from the same transactions or other economic facts.

4. Budgetary expenditure and revenue.

A budgetary expenditure shall be recognised in the state of settlement of the budget where, in accordance with the procedure laid down, the corresponding administrative act of recognition and settlement of the obligation is given. budget. It involves the recognition of the budgetary obligation to pay and, at the same time, that of an asset or of an expense or the decrease of another liability.

A budgetary income must be recognised in the state of settlement of the budget when, in accordance with the procedure laid down, the corresponding administrative act of settlement of the right of recovery is given, or Equivalent document that quantifies it. It implies the recognition of the budgetary right to be charged, and simultaneously that of a liability, or of an income, or the decrease of another asset, or of an expense or increase of the net worth.

The recognition of budgetary income derived from transfers or grants received should be made when the increase in the asset in which it materializes occurs (treasury). However, the beneficiary of the aid may recognise the budget revenue before, if it is aware of the fact that the entity has issued the act of recognition of its relevant obligation.

In addition, in those grants and nominative transfers which, in accordance with their specific regulation, are made effective by means of deliveries on account of a subsequent final settlement, the beneficiary institution may recognise as budgetary revenue the deliveries to account at the beginning of the period to which they relate (this is on a monthly, quarterly basis, etc.). The recognition, where appropriate, of the budgetary income arising from the final settlement shall be made in accordance with the criterion set out in the preceding paragraph.

The granting of deferments or fractionations in recognized budgetary rights that involve the transfer of the maturity of the right to a subsequent financial year will result in the reclassification of such claims into the the balance sheet and the budgetary cancellation thereof, which shall apply to the budget in force in the course of its new maturity.

6. First Assessment Criteria.

The valuation is the process by which a monetary value is assigned to each of the members of the annual accounts, in accordance with the provisions of the valuation rules relating to each of them, including the second part of this Simplified Local Account Plan.

If there is a development of valuation criteria in some particular recognition and valuation standard, it will have to be addressed.

For this purpose, the following definitions will be considered:

1) Acquisition price.

The purchase price of an asset is the amount, in cash or other assets, paid or outstanding, corresponding to it, as well as any costs directly related to the purchase or placing on service for the asset for which it is intended.

2) Production cost.

The cost of production of an asset includes the purchase price of the raw materials and other materials consumed, the price of the factors of production directly imputable to it, and the fraction that reasonably (a) corresponds to those indirectly related to the asset, to the extent that they relate to the period of production, construction or manufacturing, and are based on the level of use of the normal working capacity of the means of production and are necessary for the putting of the asset under operating conditions.

3) Cost of a liability.

The cost of a liability is the value of the counterparty received in exchange for incurring the debt.

4) Reasonable value.

It is the amount by which an asset or a liability can be acquired, between interested parties and duly informed parties, which carry out a transaction under conditions of mutual independence. The fair value shall be determined without deducting the transaction costs incurred in its disposal. It shall in no case have the character of fair value that is the result of a forced, urgent transaction or as a result of an involuntary liquidation.

On a general basis, fair value shall be calculated with reference to a reliable market value. In this regard, the price quoted on an active market shall be the best reference of fair value, with the meaning of the following conditions:

-Goods or services exchanged on the market are homogeneous.

-Buyers or sellers can be found at all times for a particular good or service, and;

-Prices are known and easily accessible to the public. These prices, moreover, reflect actual and current market transactions and are regularly produced.

In those elements for which there is no active market, fair value will be obtained by applying valuation models and techniques. Models and valuation techniques include the use of recent transactions under conditions of mutual independence between interested parties and duly informed, if available, references to the fair value of other assets which are substantially equal, cash flow discounts and generally accepted models to assess options. In any case, the valuation techniques used must be consistent with the methodologies generally accepted by the market for pricing, and if there is a valuation technique used by the market that exists, the valuation technique should be used. shown to be the one that gets more realistic estimates of prices.

The valuation techniques used should maximize the use of observable market data and other factors that market participants would consider when setting the price, and limit the use of data as far as possible. observable.

The entity shall evaluate the valuation technique on a regular basis, using the observable prices of recent transactions in that asset or using prices based on observable market data that are available.

The fair value obtained through the above valuation models and techniques shall be deemed not to be reliable when:

-The variability in the range of fair value estimates is significant or,

-The probabilities of the different estimates within this range cannot be reasonably measured to be used in estimating the fair value.

Where the fair value valuation proceeds, items that cannot be reliably valued, with reference to a market value or through the valuation models and techniques referred to above, shall be valued, as proceeds, for its purchase price, cost of production or amortized cost, making mention in the memory of this fact and of the circumstances that motivate it.

5) Net realizable value.

The net realisable value of an asset is the amount that can be obtained by its disposal on the market, either natural or not, by deducting the estimated costs necessary to carry it out, as well as, in the case of products in progress, the estimated costs necessary to complete their production, construction or manufacturing.

6) Value in use.

The value in use of those assets that incorporate future economic returns for the entity is the current value of the expected cash flows through their use in the normal course of the entity's activity, and, where appropriate, their disposal or other form of disposal, updated at a risk-free market rate. Where the distribution of cash flows is subject to uncertainty, it shall be deemed to be likely to be likely to be assigned to the different estimates of cash flows. In any event, such estimates shall take into account any other assumption that market participants would consider, such as the degree of liquidity inherent in the valued asset.

The value in use of those assets that carry the service potential for the entity is the current asset value while maintaining its service potential. It is determined by the cost of replenishment of the asset minus the accumulated amortisation calculated on the basis of that cost, to reflect the already effected use of the asset.

7) Sales costs.

These are the expenses directly attributable to the sale of an asset in which the entity would not have incurred the decision to sell, excluding financial expenses. The legal expenses necessary to transfer ownership of the asset and the sales commissions are included.

8) recoverable amount.

The recoverable amount of an asset is the largest between its fair value minus the selling costs and its value in use.

9) Current value of an asset or liability.

The current value is the amount of cash flows to receive or pay in the normal course of the entity's activity, whether an asset or a liability, respectively, updated at an appropriate discount rate.

10) amortized cost of an asset or financial liability.

The amortised cost of a financial asset, is the amount to which a financial asset was initially valued less the principal repayments, more or less as applicable, the portion of the difference between the initial and the the redemption value at maturity has been imputed to the estate economic result account by using the effective interest rate method and minus any impairment reduction recognised by an account corrective of its value.

The amortised cost of a financial liability is the amount to which a financial liability was initially valued less the repayments of principal and more or less as applicable, the part of the difference between the initial and the the repayment value at maturity has been imputed to the estate economic result account by using the effective interest rate method.

The effective interest rate is the type of update that matches exactly the book value of an asset or a financial liability with the estimated cash flows over the lifetime of the asset or a financial liability. and without regard to future credit risk losses. Where a reliable estimate of cash flows from a given period is not available, the remaining flows shall be considered to be the same as the last period for which a reliable estimate is available.

11) Transaction costs attributable to an asset or financial liability.

These are expenses directly attributable to the purchase or disposal of a financial asset, or to the issuance or assumption of a financial liability, in which the entity would not have incurred the transaction. These include commissions paid to intermediaries, such as brokering fees, intervention expenses for public funds and others, and excluding premiums or discounts earned on purchase or issue, financial expenses, internal administrative procedures and those incurred by prior studies and analyses.

12) Accounting value.

The book value is the amount by which an asset or liability is recorded on balance sheet, after deduction, in the case of assets, on its accumulated amortisation and any cumulative cumulative valuation correction that has been registered.

13) Residual value of an asset.

The residual value of an asset is the amount that the entity could obtain at the current time for its sale or other form of disposal, after deduction of the estimated costs to be incurred, taking into account that the asset would have reached the age and other conditions that you expect to have at the end of your life.

The lifetime of an asset is the period during which the asset is expected to be used by the entity or the number of production units or similar units expected to be obtained by the entity.

The economic life of an asset is the period during which the asset is expected to be economically usable by one or more users or the number of production units expected to be obtained from the asset by a or more users.

SECOND PART

Recognition and assessment rules

Development of the conceptual framework.

The standards of recognition and valuation develop the accounting principles and other provisions contained in the first part of this text, relating to the conceptual framework of Public Accounting. They include criteria and rules applicable to different transactions or economic facts, as well as to various heritage elements.

In the event that an accounting entity performs an operation whose accounting treatment is not covered by this text, it shall be referred to the corresponding recognition and valuation rules contained in the General Plan of Public accounting adapted to the local administration. However, the recognition and valuation standard No 7 provided for in that General Plan for assets in the state of sale shall not apply, resulting in the rules on non-financial fixed assets of the Plan of Accounts applicable to these assets. Simplified local.

1. Tangible fixed assets.

1. Concept.

Tangible assets are tangible assets, furniture and buildings that:

a) Owns the entity for use in the production or supply of goods and services or for its own administrative purposes.

b) Expected to have a lifetime of more than one year.

In general terms, they may be excluded from tangible fixed assets and therefore be considered as expenditure for the financial year, those movable property whose unit price and relative importance within the equity mass so advise.

2. Applicable valuation criteria.

a) Acquisition price.

Comprises its purchase price, including import duties and non-recoverable indirect taxes that fall on the acquisition, as well as any costs directly related to the purchase or the service conditions of the asset for the intended use. Any discount or discount class that has been obtained will be deducted from the price of the item.

Costs are considered directly related to the purchase or placing of service, inter alia, the following:

1) The preparation of the physical site;

2) Those corresponding to the initial delivery and the handling or subsequent transport;

3) Those relating to the installation;

4) Professional fees, such as those paid to architects, engineers or public fedarios, as well as commissions and remuneration paid to agents or intermediaries; and

5) The current value of the estimated cost of decommissioning of the asset and the restoration of its site, to the extent that a provision is recognized.

In the event that the entity accrues expenses from its own organization, it will only be considered as part of the acquisition price if it meets all of the following conditions:

a) They are directly attributable to the acquisition or placing in service of the estate element.

b) They can be measured and imputed reliably, applying strict monitoring and control criteria.

c) They are necessary for the acquisition or putting into service conditions, so that, if you have not used your own means, it would have been necessary to incur an external expense to the entity.

When the payment of an item of material fixed assets is deferred, its purchase price shall be the equivalent spot price. For the purposes of establishing the equivalent spot price, it shall be generally subject to the provisions of point 3 of the recognition and valuation standard n. 8, "Financial liabilities", for the initial valuation of the items to be paid.

Financial expenses may be included in the purchase price when the requirements and conditions set out in paragraph 3 "Financial expense activation" of this recognition and valuation standard are met.

In the case of unbuilt solar, the costs of conditioning, such as closures, movement of land, drainage and drainage works, the demolition of buildings where necessary, will be included in their purchase price. in order to be able to carry out works of a new plant, the costs of inspection and the lifting of plans when they are carried out prior to their acquisition, and, where appropriate, the initial estimate of the present value of the obligations arising from the the costs of rehabilitation of the site.

b) Cost of production.

The cost of production of an asset manufactured or constructed by the entity itself is determined using the same principles applied to the asset acquisition price.

This cost shall be obtained by adding to the purchase price of the raw materials and other materials consumed, applying the direct identification criterion or the default of the weighted average cost or FIFO, the other costs directly imputable to the manufacture or production of the good. The proportion of the indirect costs related to manufacturing or manufacturing shall also be added.

The process of distribution of fixed indirect costs to each unit produced shall be based on the normal working capacity of the means used, or the actual level of production as long as it approximates normal capacity.

In periods where there is idle capacity or a low production level, the previously determined amount of fixed indirect cost distributed to each production unit shall not be increased, being recognised as expenditure of the exercise the indirect costs incurred and not distributed to the units produced.

Instead, in periods of abnormally high production, the amount of indirect cost distributed to each unit produced will be decreased, so that the asset is not valued above the actual cost.

Variable indirect costs will be distributed to each unit produced on the basis of the actual level of use of the means of production.

Not included in the cost of production of the asset shall be the amounts exceeding the normal range of material consumption, labor or other factors employed or any type of internal profit.

The cost allocation and imputation to the asset will be performed until the patrimonial element is finished, that is, until it is in service conditions for the intended use.

Financial expenses may be included in the cost of production when the requirements and conditions set out in paragraph 3 "Activating financial expenses" of this same standard are met.

c) Reasonable value.

corresponds to the amount defined in the conceptual framework of public accounting for this Plan.

3. Activation of financial expenses.

For immobilized persons who need a period of more than one year in order to be in conditions of use, institutions may include the purchase price or production cost of the financial expenses that have become due prior to their putting into operation, in accordance with the provisions set out in the following paragraphs.

Financial expenses are considered to be the interest and other costs incurred by the institution in relation to the financing received. Others include:

-Interest on loans received or assumed, whether unique or mass-issued.

-The imputation of premiums or discounts relating to loans.

-The imputation of loan formalization expenses.

Financial expenses that meet all of the following requirements and conditions can be activated:

(a) arising from loans received or assumed for the sole purpose of financing the acquisition, conditioning or manufacture of an asset.

(b) That they have become due to the effective use of the funding received or assumed. In those cases where a party or all the necessary cash has been previously received, only the financial expenses incurred on the basis of the payments related to the acquisition, conditioning or manufacturing of the active.

(c) Only be activated during the period of time in which work of conditioning or manufacturing is carried out, understanding as such, the activities necessary to leave the asset under the conditions of service and use to which it is intended. Activation will be suspended during periods of interruption of the mentioned activities.

(d) When the conditioning or manufacture of an asset is carried out by parties, and each of these parties may be in a position of service and use separately even if the conditioning or production of the assets has not been completed. remaining, the activation of financial expenses for each party will end when each part is completed.

4. Initial assessment.

The initial valuation of the various assets belonging to the fixed assets will be made at cost. This concept includes the different assessment systems set out in point 2 above. In particular, it shall be understood as cost:

a) For assets acquired from third parties through an onerous transaction: the purchase price.

b) For assets produced by the entity itself: the cost of production.

c) For assets acquired from third parties at a symbolic or zero price: the valuation criteria set out in the recognition and valuation standard n. 13, "Transfers and grants" shall apply.

d) For assets acquired in permuse:

d.1) In cases where the assets exchanged are not similar from a functional point of view or useful life and a reliable estimate of the fair value of the assets can be established: the fair value of the asset received. In the event of failure to reliably assess the fair value of the asset received, the fair value of the asset delivered, adjusted for the amount of any cash transferred in the transaction.

The valuation differences, which may arise when the delivered asset is discharged, shall be imputed to the account of the wealth economic result.

When differences between the fair values of the assets being exchanged are not adjusted, in accordance with the applicable wealth legislation, by cash, they will be treated as grants received or delivered, the case.

d.2) In those assumptions where exchanged assets are similar from a functional point of view and useful life:

(a) If no cash exchange is performed on the transaction: for the accounting value of the asset delivered with the limit of the fair value of the asset received if it was less.

(b) If any additional cash payment is made in the transaction: by the accounting value of the delivered asset increased by the amount of the cash payment made in addition to the limit of the fair value of the asset received if it was less.

(c) If there is an additional cash collection in the transaction: the entity shall differentiate the part of the transaction that represents a sale-cash consideration-of the part of the transaction that materializes in a swap. -asset received-taking into account in this respect the proportion that each of these parties assumes on the total of the consideration-treasury and fair value of the good received-.

For the part of the transaction that would result in a sale, the difference between the sale price and the book value of the part of the property in the property will result in a positive or negative result from the fixed asset.

For the part of the operation that will assume a swap, the provisions of paragraph (a) above apply.

e) For assets that have been established as a result of an initial inventory: fair value, provided that the book value corresponding to its purchase price or cost of purchase cannot be established original production and subsequent amounts susceptible to activation.

f) For assets received from another entity in the same organisation, for their initial allocation: their cost will be obtained as set out in the recognition and valuation standard n. 13, "Transfers and grants".

g) For assets acquired as a result of a financial lease or similar figure: they shall be valued as indicated in the recognition and valuation standard n. 6, " Leases and other operations of similar nature ".

(h) For assets received in subscription or free disposal: they shall be valued as indicated in the recognition and valuation standard n. 14, "Adscriptions and other free disposals of the use of goods and rights".

i) For assets received under contract, agreement or construction agreement or acquisition with a management entity: they shall be valued at fair value.

5. Subsequent disbursements.

Post-registration disbursements should be added to the amount of the book value when it is likely that future economic returns or service potential will be derived from them, additional to the originally evaluated for the existing asset, such as:

a) modifying an element to extend its useful life or to increase its productive capacity;

b) on the item's component day, to achieve a substantial increase in the quality of the products or services offered; and

c) adoption of new production processes that allow a substantial reduction in previously estimated operating costs.

Disbursements for repairs and maintenance of tangible fixed assets are performed to restore or maintain future economic returns or service potential originally estimated for the asset. As such, they are recognized as expenses in the result of the exercise.

In cases where the main components of certain items belonging to the fixed assets are to be replaced at regular intervals, these components can be counted as separate assets. if they have useful lives clearly differentiated from the assets they are related to.

Whenever recognition criteria are met, expenses incurred on component replacement or renewal are counted as an acquisition of a built-in asset and a decline in the asset's accounting value replaced. If it is not possible for the entity to determine the accounting value of the replaced part, the current market price of the replaced component may be used for the purposes of its identification.

In the valuation of the fixed assets, account shall be taken of the impact of the costs related to major repairs or general inspections for defects that are necessary for the asset to continue to operate. In this respect, the amount equivalent to these costs shall be amortised differently from the rest of the item, during the period up to the great repair or general inspection. If these costs are not specified in the acquisition or construction, for the purpose of identifying them, the current market price for a similar general repair or inspection may be used.

The cost of a major repair or general inspection by defects, (whether or not the parts of the item are replaced) so that some item of material immobilized continues to operate, will be recognized in the the accounting officer of the fixed assets as a replacement, provided that the conditions for recognition are met. At the same time, any amount resulting from a major repair or prior inspection, which may remain in the book value of the fixed assets, shall be discharged.

6. Further assessment.

After initial recognition as an asset, all elements of the tangible fixed assets must be accounted for at their initial valuation, plus, where appropriate, the subsequent disbursements, and discounting the accumulated amortisation and the cumulative cumulative value correction that they have suffered over their useful life.

7. Amortization.

a) Concept.

Amortization is the systematic distribution of the depreciation of an asset over its useful life. Its determination shall be made at any time by distributing the depreciable basis of the good between the shelf-life, according to the method of depreciation used. The depreciable basis shall be equal to the book value of the good at any time, where appropriate, the residual value it may have.

To determine the useful life of the immobilized material, the following reasons should be taken into account:

-the usage that the entity expects to perform from the asset. Usage is estimated by reference to the expected physical capacity or performance of the asset;

-the expected natural deterioration, which depends on operational factors such as the number of work shifts in which the good, the repair and maintenance program of the entity will be used, as well as the level of care and maintenance while the asset is not being dedicated to productive tasks;

-technical obsolescence derived from changes and improvements in production, or changes in market demand for products or services that are obtained with the asset; and

-the legal limits or similar restrictions on the use of the asset, such as the expiration dates of service contracts related to the asset.

The endowment of the amortization of each period should be recognized as an expense in the result of the exercise.

b) Amortization methods.

The method of linear amortization, the constant rate of the book value or the sum of the units produced, may be used, among others. The method finally used for each asset shall be selected on the basis of expected patterns of economic performance or service potential, and shall be applied in a systematic manner from one period to another, unless there is a change in the expected patterns of obtaining economic returns or service potential of that asset. If such patterns of performance or service potential cannot be reliably determined, the linear method of amortisation shall be adopted.

c) Review of useful life and the method of amortization.

The useful life of an item of tangible fixed assets should be reviewed periodically and, if current expectations vary significantly from previous estimates, charges should be adjusted in the remaining periods of life. useful.

Similarly, the method of amortisation applied to the elements making up the tangible fixed assets should be reviewed on a regular basis and, if there has been an important change in the expected pattern of economic returns or service potential of those assets, the method must be changed to reflect the new pattern. Where such a change in the amortisation method is necessary, it should be accounted for as a change in an accounting estimate, except in the case of an error.

d) Particular cases.

Land and buildings are independent assets and will be treated separately, even if they have been jointly acquired. With some exceptions, such as mines, quarries and landfills, the land has an unlimited life and is therefore not amortized. The buildings have a limited life and are therefore depreciable assets. An increase in the value of the land on which a building is based shall not affect the determination of the amorzable amount of the building.

However, if the cost of the land includes the costs of decommissioning, transfer and rehabilitation, that portion of the land shall be amortised over the period in which the economic returns or potential of the land are obtained. service for having incurred those expenses. In some cases, the land itself may have a limited shelf life, in which case it will be amortised in a way that reflects the economic returns or service potential to be derived from it.

8. Deterioration.

The deterioration in the value of an asset belonging to the tangible fixed assets shall be determined, in general, by the amount exceeding the accounting value of an asset at its recoverable amount, provided the difference is significant.

For these purposes, at least at the end of the financial year, the institution shall assess whether there are indications that any element of the material immobilised may be impaired, in which case it shall estimate its recoverable amount, Value adjustments to be made.

In order to assess whether there is any indication of deterioration of the elements of the immobilised material with future economic returns, the accounting entity shall take into account, inter alia, the following circumstances:

1. External sources of information:

(a) Significant changes in the technological or legal environment in which the entity operates during the financial year or is expected to occur in the short term and which has a negative impact on the entity.

b) Significant decrease in the market value of the asset, if it exists and is available, and higher than expected by the passage of time or normal use.

2. Internal sources of information:

a) Evidence of obsolescence or physical impairment of the asset.

(b) Significant changes in the form of use of the asset that occurred during the financial year or which are expected to occur in the short term and which have a negative impact on the institution.

c) Evidence credited by timely reports that the performance of the asset is or will be significantly less than expected.

In order to assess whether there is any indication of deterioration of the elements of the immobilised material carrying a service potential, the accounting entity shall take into account, in addition to the above circumstances, the the proviso of the one provided for in point 1.b) above, the following circumstances:

a) Interruption of the construction of the asset prior to its operation.

b) Cese or significant reduction in the demand or need for the services provided.

For the calculation of deterioration, the following rules apply:

A value impairment associated with an asset will be recognized in the result of the exercise.

After the recognition of a impairment, the amortization charges on the asset will be adjusted in future years, in order to distribute the revised book value of the asset, minus its eventual residual value, from a systematic form over its remaining useful life.

The value impairment recognized in previous exercises will be reversed for an asset when the recoverable amount is greater than its accounting value.

The reversal of a value impairment on an asset will be recognized in the result of the exercise.

After having recognized a reversal of a value impairment, asset amortization charges will be adjusted for future exercises, in order to distribute the revised book value of the asset minus its eventual value. residual, in a systematic way over its remaining useful life.

9. Assets that are low and withdrawn from use.

Any component component of the fixed assets which has been the subject of sale or provision by another means must be discharged from the balance sheet, as any element of the fixed assets which has been withdrawn in such a way permanent use, provided that no additional economic returns or service potential are expected at their disposal. The results derived from the absence of an item shall be determined as the difference between the net amount that is obtained by the asset's disposal and the accounting value.

Sale transactions with subsequent lease will be treated in accordance with the terms of the recognition and valuation standard n. 6, "Leases and other operations of a similar nature". Similarly, assets discharged and withdrawn from the use of free subscription and disposal shall be treated in accordance with the standard of recognition and valuation n. 14, "Adscriptions and other free disposals of the use of goods and rights."

Components of tangible fixed assets that are temporarily withdrawn from active use and are maintained for further use will continue to be amortised and, where appropriate, deteriorating. However, if a method of amortization is used depending on the usage, the charge for the amortization could be null.

2. Particular cases of fixed assets: Infrastructure, communal property and historical heritage.

1. Concept.

Infrastructures: These are non-current assets, which are carried out in civil engineering or in buildings, which can be used for the general public or for the provision of public services, acquired in the form of onerous or free, or built by the entity, and that meet any of the following requirements:

-are part of a system or network,

-have a specific purpose that does not typically support other alternative uses.

communal goods: Those goods that are still in the public domain, their use exclusively corresponds to the common of the neighbors.

Historical heritage: Property elements movable or immovable of artistic, historical, paleontological, archaeological, ethnographic, scientific or technical, as well as the documentary and bibliographic heritage, the fields, archaeological areas, natural sites, gardens and parks that have artistic, historical or anthropological value. These goods present, in general, certain characteristics, including the following:

a) Its value in cultural, environmental, educational and historical-artistic terms is unlikely to be perfectly reflected in a financial value based purely on a market price.

b) Legal or statutory obligations may impose prohibitions or severe restrictions on their disposal for sale.

c) They are often irreplaceable and their value can increase over time, even if their physical conditions deteriorate.

d) It can be difficult to estimate its useful life, which in some cases can be hundreds of years.

2. Recognition and assessment.

Infrastructure, communal assets and historical assets must be recorded in accounts when the criteria for recognition of an asset under the conceptual framework of accounting are met. public of this Plan and its assessment shall be carried out in accordance with the provisions of the recognition and valuation standard n. 1, "Material fixed assets".

When it is not possible to reliably assess the assets of the historical heritage, they will not be recognised in the balance sheet, although the assets will be reported in the memory.

When the assets of the historical heritage have an unlimited shelf life or limited life, it is not possible to estimate it reliably, the depreciation regime will not apply.

3. Public heritage of the soil.

1. Concept.

Non-current assets are generally materialized in real estate, affected to the destination of such assets.

2. Recognition and assessment.

Land assets must be recorded in accounts when the criteria for recognition of an asset under the conceptual framework of the public accounts of this Plan and its assessment are met. shall be carried out in accordance with the standard of recognition and valuation n ° 1, "Material fixed assets".

4. Real estate investments.

1. Concept.

Real estate investments are real estate (land or buildings, considered in whole or in part, or both) that are (by the landlord or by the tenant who has agreed to a financial lease) for the purpose of obtaining income, capital gains or both, not for use in the production or supply of goods or services, for administrative purposes, or for sale in the ordinary course of operations.

In addition, property assets other than those that form the public property of the land that do not qualify for entry into the equity of the entity as immobilized shall be considered as real estate investments. material.

In those cases where a part of the fixed assets of the entities is to obtain income or capital gains and another part is used in the production or supply of goods or services, or for purposes (a) a separate account shall be taken by the entity if the parties can be sold separately. If these parties cannot be sold separately, the entity shall only qualify it as a real estate investment, if only an insignificant part is used for the production or provision of goods or services, or for administrative purposes.

2. Initial assessment, subsequent and low valuation.

Real estate investments will apply to them as set out in the recognition and valuation standard n. 1, "Material fixed assets".

3. Reclassifications.

Where the goods referred to in this paragraph no longer meet the requirements to be considered as real estate investments, they must be reclassified under the relevant heading, without any changing the accounting value of affected buildings.

5. Intangible fixed assets.

1. Concept.

The intangible fixed assets are defined in a set of intangible assets and rights that are subject to economic valuation of a non-monetary nature and without physical appearance, which also satisfy the characteristics of the the time and use in the production of goods and services or constitute a source of the entity's resources.

In general terms, they may be excluded from intangible fixed assets and therefore be considered as expenditure for the financial year, those goods and rights whose unit price and relative importance within the assets advise.

2. Recognition.

They must meet the definition of asset and the criteria for recording or recognizing the conceptual framework of public accounting. The entity shall assess the probability of obtaining future economic returns or of the service potential, using reasonable and well-founded assumptions, representing the best estimates for the set of economic conditions that will exist during the lifetime of the asset.

Assets that integrate intangible fixed assets must meet the criteria of identiability.

An intangible fixed asset will be identifiable when it meets either of the following two requirements:

a) It is separable and susceptible to being alienated, ceded, leased, exchanged or delivered for exploitation.

b) Surge of contractual rights or other legal rights, regardless of whether those rights are transferable or separable or of other rights or obligations.

If an asset includes tangible and intangible assets, for its treatment as tangible or intangible fixed assets, the entity shall make the appropriate judgment to distribute the amount corresponding to each item type, except that the relative to some item type is insignificant with respect to the total value of the asset.

3. Assessment.

3.1 Initial assessment and subsequent assessment.

The criteria set out in the recognition and valuation standard n. 1, "Material fixed assets" shall apply, without prejudice to the following in this standard of recognition and valuation.

3.2 Post-pockets.

Disbursements after the acquisition of an asset recognized as intangible fixed assets must be incorporated as more amount into the asset only when it is possible that this disbursement will allow the asset to be generated future economic returns or a service potential and the disbursement can be estimated and directly attributed to it. Any further disbursement should be recognised as an expense in the outcome of the financial year.

3.3 Amortization and Impairment.

The entity should be valued if the life of the asset is defined or indefinite. An asset shall be deemed to have an indefinite shelf life when, on the basis of an analysis of all relevant factors, there is no foreseeable limit to the period during which the asset is expected to generate economic returns or service potential for the entity, or the use in the production of public goods and services; for example: a licence which can be constantly renewed at a cost which is not considered significant. In such cases, it shall be verified whether the asset has undergone a deterioration of value, which shall be accounted for in accordance with the standard of recognition and valuation n. 1, "Material fixed assets".

Assets with indefinite shelf-life shall not be amortised, without prejudice to their possible deterioration, and this useful life should be reviewed every financial year in order to determine whether there are facts and circumstances in which to continue to maintain a Indefinite useful life for that asset. In the event that these circumstances are not met, the life of indefinite to defined will be changed, accounting as a change in the accounting estimate, in accordance with the recognition and valuation standard n ° 15, " Changes in criteria and accounting estimates and errors ".

Assets with defined shelf life will be written off during their lifetime. Any method which provides for the technical-economic characteristics of the asset, or the right and, if it cannot be reliably determined, the linear method of amortisation, shall be admissible. The depreciation of an intangible fixed asset with a defined shelf life shall not cease when the asset is unused, unless it is fully amortised.

4. Assets that are low and withdrawn from use.

The criteria set out in the recognition and valuation standard n. 1, "Material fixed assets" shall apply.

5. Special rules on intangible fixed assets.

5.1 Research and Development Expenses.

The research is the original and planned study done in order to gain new scientific or technological knowledge.

Development is the concrete application of the achievements made in research.

If the entity is not able to distinguish the research phase from the development phase in an internal project, it will treat the disbursements that cause that project as if they had been supported only in the phase of research.

Research expenses will be expenses for the financial year in which you are performing. However, they may be activated as intangible fixed assets from the moment they meet all the following conditions:

(a) That intangible fixed assets are likely to generate probable future economic returns or service potential. Among other things, the entity can demonstrate the existence of a market for production that generates intangible fixed assets or for the asset itself, or in the case that it is to be used internally, the utility of the same for the entity.

b) The availability of adequate technical, financial or other resources to complete development and to use or sell intangible fixed assets.

c) That they are specifically individualized by projects and an allocation, imputation and temporary distribution of the clearly established costs.

The research costs that appear on the asset must be amortised over their useful life, and always within the five-year period. In the event that the conditions of the preceding paragraph justifying the capitalisation are no longer met, the remaining unamortised balance shall be carried out for the financial year.

Development expenses, when they meet the conditions indicated for the activation of the research expenditure, must be recognised in the asset and shall be amortised over their useful life which is presumed, unless otherwise proved, which is not more than five years. In the event that the conditions justifying the capitalisation are no longer met, the remaining unamortised balance shall be carried out at the end of the financial year.

5.2 Investments made on assets used under operating lease or in use for a period of less than the economic life of the loan.

Investments made on assets used under operating lease or in use for a period of less than economic life, when in accordance with the recognition and valuation standard n. 6, 'Leases and other transactions of a similar nature', should not be classified as financial leases, shall be accounted for in a rubric of intangible fixed assets, provided that such investments are not separable from those assets; and increase their capacity or future economic returns or service potential. The depreciation of these intangible fixed assets will be made on the basis of the useful life of the investments made.

5.3 Industrial and intellectual property.

It is the amount satisfied by the property or by the right to use, or the granting of the use of the various manifestations of industrial property or intellectual property.

Capitalized development expenses will be included and, in compliance with legal requirements, will be entered in the corresponding register, including the cost of registration and the formalization of the patent.

5.4 Computer applications.

The amount satisfied by the software shall be included in the asset, the right to use them, or the cost of production of those made by the institution itself, where it is intended to be used in several exercises. Disbursements made on the "web" pages generated internally by the entity shall meet this requirement in addition to the general asset recognition requirements.

The same activation criteria will be applied as those set for research expenses.

Computer programs integrated into a computer that cannot function without it, will be treated as elements of the immobilized material. The same applies to the operating system of a computer.

In no case can the maintenance costs of the IT application be included in the asset.

5.5 Other Intangible Fixed Assets.

Collects other rights not singularised previously, among others, administrative concessions; disposals of use for periods lower than economic life, when in accordance with the standard of recognition and valuation n. º 6, "Leases and other transactions of a similar nature", should not be counted as a financial lease; the transfer rights and urban advantage that are held by local authorities or other public entities, provided that are not materialised on land.

6. Leases and other operations of a similar nature.

It is understood by lease, for the purposes of this rule, any agreement, regardless of its legal instrument, whereby the lessor yields to the lessee, in exchange for a single sum of money or a series of payments or quotas, the right to use an asset for a given period of time.

1. Financial leases.

1.1 Concept.

When the economic conditions of a lease agreement deduce that substantially all the risks and advantages inherent in the property of the asset under the contract are transferred, the lease shall be qualify as financial.

It will be assumed that all risks and advantages inherent in the ownership of a lease agreement of an asset with an option to purchase will be substantially transferred, where there is no reasonable doubt that such an asset will be exercised. purchase option. It is understood that the economic terms of the lease agreement do not have any reasonable doubt that the purchase option will be exercised, when the purchase option price is less than the fair value of the asset at the time of the lease. the purchase option is exercisable.

It is also assumed that the risks and advantages inherent in the ownership of the asset are transferred, even if there is no option to purchase, when any of the following circumstances are met:

(a) The term of the lease agrees or covers most of the economic life of the asset or, where it does not comply with the above, there is evidence that both periods are to coincide, not being significant. residual at the end of its utilization period.

(b) At the beginning of the lease the current value of the amounts to be paid represents a substantial amount of the fair value of the leased asset.

c) When leased assets have such a specialized nature that their utility is restricted to the tenant and the leased assets cannot be easily replaced by other assets.

Other indicators of situations that might lead to the classification of a lease as a financial character are:

(a) If the tenant can cancel the lease and the losses incurred by the lessor because of such cancellation are assumed by the tenant.

(b) The results of fluctuations in the fair value of the residual amount shall be borne by the lessee.

c) The lessee has the possibility to extend the lease for a second period, with lease payments that are substantially lower than the market usual.

In agreements to lease third-party assets with service potential, with or without an option to purchase, it will be assumed, in any case, that the risks and advantages inherent in the ownership of the same will not be transferred, in the entity maintains the service potential that those assets have incorporated. Therefore, the assumptions mentioned in the preceding paragraphs of this paragraph shall not apply to this type of asset.

1.2 Recognition and assessment.

Financial leasing assets shall be recorded and valued in accordance with the recognition and valuation standard that corresponds to them in accordance with their nature, except as specified in the following paragraphs.

Since the land normally has an indefinite shelf life, if its property is not expected to pass to the tenant at the end of the lease term, it will not receive all the risks and advantages that affect the property. of the same. In a joint financial lease the components of the land and building shall be considered separately if at the end of the lease term the ownership of the land is not to be transmitted to the lessee, in which case the component of the lease the land shall be classified as operating lease, for which the agreed payments between the land and the building shall be distributed in proportion to the reasonable values representing the lease rights of the two components, unless such distribution is not reliable in which case the entire lease will be classified as financial unless it is evident that it is operational.

1.3 Tenant Accounting.

The lessee at the initial time must recognize the asset according to its nature and the obligation associated with it as a liability for the same amount, which shall be the sum of the portion of the lease that corresponds to the recovery of the cost of the good during the lease term, including, where appropriate, the option of purchase, and excluding the quotas of a contingent nature as well as the costs of the services and other expenses which, according to the rules of valuation n ° 1, "Fixed assets", and No 5, "Intangible fixed assets", cannot be activated. For these purposes, quotas of a contingent nature are those whose future amount depends on a variable set out in the contract.

The initial direct costs inherent in the operation on which the tenant incurs must be considered as the higher value of the asset.

In any case, the liability associated with the portion of the shares corresponding to the recovery of the cost of the good shall be valued at its initial value, without updating.

Each installment of the lease will be made up of two parties representing, respectively, the financial burden and the reduction of the outstanding debt or recovery of the cost of the good. The total financial burden shall be distributed over the term of the lease and shall be charged to the results of the financial year in which it is due, applying the method of the effective interest rate for the lessee.

1.4 Lessor Accounting.

When an entity transfers substantially all of the risks and benefits of an asset through an operation to which this recognition and valuation standard applies, it shall register a right to charge for the value of the asset. reasonable of the good plus the initial direct costs of the lessor. At the same time, the asset shall be reduced by its accounting value at the time of the start of the transaction, where appropriate, a result of the financial year.

The difference between the credit entered in the balance sheet asset and the amount receivable, corresponding to non-accrual interest, shall be charged to the account of the financial income of the financial year in which such interest is paid. are written in accordance with the effective interest rate method.

2. Operating leases.

This is a lease where the risks and benefits that are inherent in the property are not transferred.

Quotas derived from operating leases must be recognized by tenants as expenses in the result of the exercise in which they become due during the lease term.

Income from operating leases shall be recorded by the lessor in the result of the year in which they are due during the lease term.

3. Sale with subsequent lease.

When, by reason of the economic conditions of a disposal, connected to the subsequent lease or transfer of use of the assets in question, it is disclosed that this is a method of financing, the lessee will not vary the rating of the asset, nor will it recognise results derived from this transaction. In addition, it shall record the amount received by credit to a consignment showing the corresponding financial liability. The interest expense associated with the transaction shall be accounted for throughout the life of the contract in accordance with the effective interest rate method.

The lessor shall account for the transaction in accordance with the provisions of the recognition and valuation standard n. 7, "Financial assets".

7. Financial assets.

1. Concept.

Financial assets are cash, equity or equity instruments of another entity, rights to receive cash or other financial assets of a third party or to exchange with an active third party or financial liabilities under potentially favourable conditions.

The criteria set out in this recognition and valuation standard shall apply to all financial assets, except to those for which specific criteria have been established in another recognition standard and assessment.

2. Classification of financial assets.

Financial assets, for the purpose of their valuation, will initially be classified in one of the following categories:

a) Financial assets at amortized cost.

They will be included in this category:

-credits for operations derived from the usual activity; and

-those assets, not included in the category of (b) below, which are not equity instruments, have no origin in the usual activity and whose charges are determined or determinable. The acquisition of debt instruments with the after-sales agreement shall be included in this category at a fixed price or at the initial price plus the lender's normal return.

b) Financial assets at fair value with changes in results.

This category will include the financial assets that are acquired in an active market for the purpose of making them in the short term, except those acquired with the after-sale agreement at a fixed price. or at the initial price plus the normal profitability of the lender to be included in the amortised cost category of financial assets.

The entity may not reclassify a financial asset initially classified in this category to others, nor shall an asset included in the rest of the categories be reclassified to the fair value category with changes. in results.

c) Financial assets at cost.

In this category investments in equity instruments shall be included, unless the provisions of point (b) above apply.

3. Recognition.

The entity will recognize a financial asset on its balance sheet when it becomes a required party under the terms of the contract or agreement by which the financial investment is formalized.

To determine the timing of the recognition of financial assets arising from non-contractual rights, the relevant recognition and valuation standard shall be subject to the provisions of this Regulation.

4. Financial assets at amortised cost.

4.1 Initial rating.

As a general rule, the financial assets included in this category shall be valued at fair value which, unless otherwise evidenced, shall be the price of the transaction, which shall be equal to the fair value of the transaction. (a) further delivered transaction costs which are directly attributable to them. However, transaction costs may be imputed to results of the exercise in which the asset is recognised when they have little relative importance.

Notwithstanding the above paragraph, financial assets with short-term maturity that do not have a contractual interest rate shall be valued at their nominal value.

Financial assets with long-term maturity that do not have a contractual interest rate and long-term loans with subsidised interest shall be valued at their fair value which shall be equal to the value of the the current cash flows to be charged, applying the interest rate of the State Debt in force in each period. However, the former may be assessed by the nominal and the second by the value delivered, where the effect of the non-update, overall considered, is not significant in the entity's annual accounts.

When the financial asset, with subsidised interest, is valued at its present value, the difference between that value and the nominal value or the amount delivered, as the case may be, shall be charged as a grant awarded in the account of the the economic outcome of the financial year in which the financial asset is recognised.

In any case, the established bonds and deposits will always be valued for the amount delivered, without updating.

4.2 Post rating.

Financial assets will be valued for their amortized cost. Accrued interest shall be accounted for as results of the financial year using the effective interest rate method.

However, financial assets which, without a contractual interest rate, have been initially valued at face value, and loans granted with subsidised interest that have been initially valued for the amount submitted, they shall continue to be valued for that amount, unless they have deteriorated. In addition, the securities and deposits constituted shall maintain their initial value, unless they have deteriorated.

4.3 Impairment.

At least at the end of the financial year, the necessary valuation corrections shall be made, provided that there is objective evidence that the value of a credit or group of claims with similar risk characteristics collectively valued, has deteriorated as a result of one or more events that occurred after its initial recognition and which resulted in a reduction or delay in future estimated cash flows, such as the insolvency of the debtor.

The impairment of these financial assets will be the difference between their book value and the current value of future cash flows that are estimated to be generated, discounted to the effective interest rate calculated in the time of initial recognition. For variable interest rate credits, the effective interest rate corresponding to the contractual terms and conditions of the financial year shall be used at the end of the financial year.

Where appropriate, as a substitute for the current value of future cash flows, the market value of the asset may be used, provided that the asset is sufficiently reliable to be representative of the value that it could retrieve the entity.

Impairment valuation corrections, as well as their reversal, will be recognized as an expense or income, respectively, in the result of the exercise. The reversion of the impairment shall be limited to the book value that the credit would have on the date of reversal if the impairment of value had not been recorded.

5. Financial assets at fair value with changes in results.

5.1 Initial rating.

Fair value financial assets with changes in results will initially be valued at fair value, which, unless otherwise evidenced, will be the price of the transaction, which will be equal to the fair value of the transaction. Delivered consideration. The transaction costs that are directly attributable to it shall be attributed to the results of the financial year in which the acquisition takes place.

In the case of equity instruments, it shall form part of the initial value, the amount of the preferred subscription rights and the like, which, if any, would have been acquired.

5.2 Post-assessment.

Financial assets at fair value through profit or loss shall be valued at fair value without deducting the transaction costs incurred in their disposal. Changes that occur at fair value shall be attributed to the performance of the financial year, after the accrued interest has been charged according to the effective interest rate.

6. Financial assets at cost.

6.1 Initial assessment.

Investments in equity instruments included in this category will initially be valued at the cost, which will be equal to the fair value of the consideration delivered plus the transaction costs directly attributable.

It will form part of the initial value, the amount of the preferred subscription rights and the like, which, if any, would have been acquired.

In the case of non-cash contributions, for the initial valuation of the investment, the requirements set out in point 4.d) of the recognition and valuation standard n. 1, "tangible assets", shall apply for assets acquired in permuta.

6.2 Post-assessment.

Investments in equity instruments shall be valued at their cost, minus, where applicable, the cumulative amount of impairment valuation corrections.

When value is to be assigned to these assets by disposal or other reason, the weighted average cost method shall be applied by homogeneous groups, the values being understood by the same rights.

6.3 Impairment.

At least at the end of the financial year, and in any event at the time the disposal or transfer of the holding is agreed, the necessary valuation corrections must be made whenever there is objective evidence that the accounting value of the investment shall not be recoverable as a result, for example, of a prolonged and significant decline in the equity of the investee.

For entities whose holdings are traded on an active market, the amount of the valuation correction shall be the difference between their book value and the fair value calculated with reference to the active market.

In the case of entities whose units are not traded on an active market, the net worth of the investee-corrected entity shall be taken into account in determining the amount of the valuation correction. Existing tacitas at the date of valuation.

Impairment valuation corrections, as well as their reversal, will be recognized as an expense or income, respectively, in the result of the exercise. The reversion of the impairment shall be limited to the accounting value of the investment if the impairment has not been recorded.

7. Dividends and interest received from financial assets.

The interest and dividends accrued after the time of the acquisition will be recognized as results of the financial year.

For these purposes, the initial valuation of the financial assets shall be independently recorded, on the basis of their maturity, the amount of dividends agreed by the competent body at the time of the acquisition. as well as the amount of the explicit interest accrued and not due at the time.

The dividends agreed upon after the acquisition that correspond to profits made prior to the acquisition, shall be recorded as an amendment to the initial value of the investment.

Accrued interest shall be recognised using the effective interest rate method, including for those debt instruments classified in the category of financial assets at fair value with changes in results.

In the variable-interest financial assets, the variations between the explicit interest settled and the initially intended interest will not alter the distribution of the implied interest initially calculated. Such variations shall be charged as a greater or lesser amount of the relevant explicit interest.

The calculation of the effective interest rate may be performed by simple capitalization when the financial asset is acquired with short-term maturity or when it is a fair value financial asset with changes in results.

8. Low in accounts.

The entity will account for a financial asset or part of it only when the rights to cash flows that the asset generates have expired or have been transmitted, provided that, in the latter case, the entity is have substantially transferred the risks and advantages inherent in the ownership of the financial asset.

The entity shall assess the extent to which it retains or transmits the risks and advantages inherent in the ownership of the financial asset, by comparing its exposure, before and after transmission to the variation in the amounts and in the calendar of the net cash flows of the transmitted asset.

If the entity substantially transfers the risks and benefits, it will account the financial asset, separately, as an asset or liability, of any rights or obligations created or retained as a liability. consequence of the transmission.

If the entity substantially retains the risks and benefits, it will hold the financial asset in its entirety, recognizing a financial liability for the consideration received.

If the entity does not substantially transmit or retain the risks and benefits inherent in the asset's ownership, it will terminate the asset when it does not retain control over the asset, which will depend on the of the acquirer to transmit the financial asset. If the entity retains control over the transmitted financial asset, it shall continue to recognise it for the amount of the institution's exposure to changes in the value of the transmitted asset, i.e. for its continued involvement, and shall recognise a associated liability.

When the financial asset is debased, the difference between the consideration received, considering any new assets obtained less any liabilities assumed, and the accounting value of the financial asset, or the Part of the same item that has been transmitted shall be attributed to the results of the financial year in which the discharge takes place.

8. Financial liabilities.

1. Concept.

A financial liability is an enforceable and unconditional obligation to deliver cash or other financial assets to a third party or to exchange with an active third party or financial liabilities under potentially unfavourable conditions.

The criteria set out in this recognition and valuation standard shall apply to all financial liabilities, except to those for which specific criteria have been established in another recognition standard and assessment.

2. Recognition.

The entity shall recognise a financial liability on its balance sheet, when it becomes an obligation under the contractual terms of the financial instrument. In cash transactions, in any event, and in cases where the credit transaction is instructed by a gradual arrangement credit, the institution shall be deemed to be a party obliged when the receipt of the credit transaction occurs. the liquid availabilities in your treasury.

To determine the timing of the recognition of financial liabilities arising from non-contractual obligations, the relevant recognition and valuation standard shall be subject to the provisions of this Regulation.

3. Initial assessment.

As a general rule, financial liabilities shall be initially valued at fair value, which, unless otherwise evidenced, shall be the price of the transaction, which shall be equal to the fair value of the consideration received, adjusted with transaction costs that are directly attributable to the issue. However, the transaction costs may be imputed to the result of the financial year in which the liability is recognised when they are of little relative importance.

For the initial valuation of the debts assumed, the recognition and valuation standard n. 13, "Transfers and grants" shall apply.

Short-term maturity payments that do not have a contractual interest rate shall be valued at their nominal value.

Items to be paid with long-term maturity that do not have a contractual interest rate and long-term loans with subsidised interest shall be valued at their fair value which shall be equal to the current value of the cash flows to be paid, applying the interest rate to which the institution is required to settle interest on deferral or late payment.

However, items to be paid in the long term without a contractual interest rate may be assessed on the nominal basis and long-term loans received with subsidised interest may be valued for the amount received, where the the effect of the non-update, overall considered, is not significant in the entity's annual accounts.

Where the financial liability with subsidised interest is valued at its present value, the difference between that value and the nominal value or the amount received, as the case may be, shall be recognised as a subsidy received and shall be charged to results in accordance with the criteria set out in the recognition and valuation standard n. 13, "Transfers and grants".

In any case, the bonds and deposits received will always be valued for the amount received, without updating.

4. Further assessment.

Financial liabilities will be valued for their amortized cost. Accrued interest shall be accounted for as results of the financial year using the effective interest rate method.

However, items to be paid without a contractual interest that were initially valued at their nominal value and loans received with subsidised interest that were initially valued for the amount received continue to be valued for these amounts. In addition, the bonds and deposits received shall maintain their initial value.

In financial liabilities to variable interest, the variations between the explicit interest settled and the initially intended interest will not alter the distribution of the implied interest initially calculated. Such variations shall be charged as a greater or lesser amount of the relevant explicit interest.

In the case of modification of the expected amortisation dates the effective interest rate will be recalculated, which will be the one that equals, at the date of modification, the current value of the new cash flows with the cost depreciated from the liability at that time. The recalculated effective interest rate shall be used to determine the amortised cost of the financial liability in the remaining period of life of the financial liability.

For the purposes of imputation of accrued interest according to the method of the effective interest rate referred to at this point, the simple capitalization may be used in the case of financial liabilities issued in the short term. period.

5. Low in accounts.

5.1 General criteria.

The entity will degenerate a financial liability when it is extinguished, that is, when the obligation that gave rise to such liability has been met or cancelled.

Buying a financial liability of your own implies your bottom in accounts even if you're going to reseat it again.

5.2 Results in cancellation.

The difference between the accounting value of the financial liability, or the part thereof, that has been cancelled or transferred to a third party and the consideration given to that third party, in which any transferred assets are included different from the cash or liabilities assumed, shall be recognised in the result of the financial year in which it takes place.

5.3 Exchange of financial liabilities.

The exchange of debt instruments between the issuing entity and the lender will be treated in accordance with the following rules:

(a) When the debt instruments exchanged have substantially different conditions.

The transaction will be recorded as a cancellation of the original financial liability and the recognition of a new financial liability. Any cost or commission for the operation shall be recorded as part of the result from extinction.

b) When the debt instruments exchanged do not have substantially different conditions.

The original financial liability shall not be taken into account and the amount of costs and fees shall be recorded as an adjustment of their value in accounts and shall be amortised over the remaining life of the modified liability.

A new effective interest rate will be calculated that will be the one that matches the value in financial liability accounts at the date of modification with cash flows to be paid under the new conditions.

To determine the amortised cost of the financial liability in the remaining period of life of the financial liability, the effective interest rate calculated in accordance with the preceding paragraph shall be used.

For these purposes, the exchanged debt instruments will be considered to have substantially different conditions when the current value of the cash flows of the new financial liability, including net fees charged or paid, differs by at least 10 percent of the current value of the remaining cash flows from the original financial liability, both updated at the original effective interest rate.

5.4 Modification of the current conditions of a financial liability.

A substantial modification of the current conditions of a financial liability shall be deemed to have occurred, where the current value of the cash flows of the financial liability under the new conditions, including Net fees charged or paid, differs by at least 10 percent of the current value of the remaining cash flows from the financial liability under the above conditions, both updated at the original effective interest rate.

The substantial changes in the current conditions of a financial liability will be recorded with the same criterion as the one set out in point 5.3 (a) above for the exchange of debt instruments. have substantially different conditions. For the initial valuation of the new liability it shall be used as an update of the flows to pay the market rate of such a liability.

Non-substantial changes in the current conditions of a financial liability will be recorded with the same criterion as the one set out in point 5.3 (b) above for the exchange of debt instruments that do not have substantially different conditions.

5.5 Liability Extinction for Assumption.

When a creditor exempts the entity from its obligation to make payments because a new debtor has assumed the debt, the entity will extinguish the original financial liability.

The result of the extinction shall be recognised in accordance with the rule of recognition and valuation n. 13, "Transfers and grants", and shall be equal to the difference between the value in the accounts of the financial liability original and any consideration given by the entity.

5.6 Liability Extinction by prescription.

Where the obligation of the entity to reimburse the creditor is prescribed, the liability of the creditor shall be charged to the outcome of the financial year in which the prescription is agreed.

9. Value added tax (VAT) and general indirect tax (IGIC).

1. Taxes supported.

Deductible input VAT will not be part of the purchase price of goods and services subject to tax-taxed transactions, and will be subject to registration under a specific heading.

Non-deductible input VAT will be part of the purchase price of goods and services subject to tax-taxed transactions. In the case of internal self-consumption operations (own production for the fixed assets of the institution) which are subject to taxation, the non-deductible VAT shall be added to the cost of the respective assets.

Without prejudice to the rule of changes in accounting and error criteria and estimates, the initial assessments shall not alter the corrections to the amount of the non-deductible input VAT, in particular the adjustments resulting from the regularization arising from the definitive pro rata, including the adjustment for investment goods. Such corrections shall be recognised as expenditure or revenue, as appropriate, on the outcome of the financial year.

The rules on the input VAT shall apply, where appropriate, to the IGIC and any other indirect taxes incurred in the acquisition of goods or services that are not directly recoverable from the Public Finance.

2. Taxes passed on.

The VAT passed on will not be part of the income derived from the transactions taxed by that tax or the net amount obtained in the disposal or disposal by another way in the case of a loss in non-current assets accounts, and will be registered under a specific heading.

The rules on VAT passed on will be applicable, where appropriate, to the IGIC and any other indirect taxes incurred in the acquisition of assets or services that are not directly recoverable from the Public Finance.

10. Revenue with consideration.

1. Concept.

Revenue with consideration is those that are derived from transactions in which the entity receives assets or services, or cancels obligations, and directly gives an approximately equal value (mostly in the form of products, services or asset use) to the other part of the exchange.

2. Recognition and assessment.

In general, revenue with consideration must be recognized when the following conditions are met:

a) When their amount can be measured reliably.

b) When the entity is likely to receive the economic returns or service potential associated with the transaction.

Revenue arising from transactions with consideration shall be valued at the fair value of the counterparty, received or received, derived therefrom, which, unless otherwise evidenced, shall be the agreed price for such goods or services, deducted the amount of any discount, bonus or commercial discount which the institution may grant, as well as the contractual interest incorporated in the nominal amount of the claims. The interest on the nominal amount of the maturity of the claims, which do not have a contractual interest rate, shall also be deducted when initially valued at the current value of the cash flows to be charged, as provided for in paragraph 4.1 'Initial assessment' of the recognition and valuation standard n ° 7 'Financial assets'.

Taxes on the sale of goods and services that the entity has to pass on to third parties such as value added tax and excise duties, as well as the amounts received by Third-party account shall not be part of the revenue.

Credit for transactions arising from the usual activity shall be valued in accordance with the provisions of the recognition and valuation standard n. 7, "Financial assets".

When goods or services are exchanged for others of a similar nature and value, such an exchange will not result in revenue recognition.

3. Income from service delivery.

Revenue from a service delivery must be recognised when the outcome of a transaction can be reliably estimated, considering the degree of progress or performance of the benefit at the date of the transaction. annual accounts. The result of a transaction can be reliably estimated when in addition to the general requirements for revenue recognition, each and every one of the following is met:

(a) The degree of advancement or performance of the benefit at the date of the annual accounts can be measured reliably.

b) The costs already incurred in the provision, as well as those that remain to be incurred until completed, can be measured reliably.

When services are provided through an undetermined number of acts, within a specified time period, revenue may be recognized in a linear manner within that period.

When the result of a transaction, involving the provision of services, cannot be reliably estimated, the corresponding revenue must be recognised as such only in the amount of the recognised expenditure which is consider recoverable.

11. Revenue without consideration.

1. Concept.

Non-consideration income is those that are derived from transactions in which the entity receives assets or services, or cancels obligations, and does not directly give a value approximately equal to the other part of the exchange.

2. Recognition and assessment.

The recognition of revenue from non-consideration transactions is associated with the recognition of the asset derived from that transaction, except to the extent that a liability is also recognised in respect of the same flow -entry. The emergence of such a liability is motivated by the existence of a condition involving the return of the asset.

To proceed to the recognition of the income must be met the criteria for recognition of the asset.

If a liability has been recognized, when the liability is canceled because the taxable event is performed or the condition is satisfied, the liability will be discharged and the income recognized.

Revenue from non-consideration transactions will be valued for the amount of increase in net assets at the date of recognition.

3. Taxes.

In the case of taxes, income and assets shall be recognised when the taxable event takes place and the criteria for recognition of the asset are met.

Taxes shall be quantified according to the general criterion set out in paragraph 2 above. In cases where the liquidation of a tax is carried out in a post-tax year, statistical models may be used to determine the amount of the asset, provided that such models have a high value. degree of reliability.

The tax revenue will be determined by its gross amount. In the event that benefits are paid to taxpayers through the tax system, which in other circumstances would be paid using another means of payment, they constitute an expense and must be recognised independently, without prejudice to their Budget allocation. Income, in turn, should be increased by the amount of any of these expenses paid through the tax system.

Tax income, however, should not be increased by the amount of tax expense (deductions), as these expenses are income to which it is waived and do not result in inflows or outflow of resources.

4. Fines and pecuniary penalties.

Fines and pecuniary penalties are revenue from public law brought in without consideration and in a co-active manner as a result of the commission of breaches of the legal order.

Revenue recognition shall be made when the revenue is collected or when the right to charge them arises in the entity that has the power to impose it.

The birth of the right of recovery will occur when the entity has an executive legal title to make the right to charge.

The existence of such an executive title, in the case of fines and pecuniary penalties, occurs in any of the following cases:

1. Where the regulatory legislation of the same establishes the enforceability of the act of taxation at the time of its issuance.

2. Where the regulatory legislation of the same establishes the enforceability of the act of taxation at a time after its issuance:

(a) For the course of the legally established period, in each case, for the offender to claim the act of imposition of the sanction, without any such claim being made.

(b) By confirmatory resolution of the act of enforcement in the last possible remedy to be brought by the offending subject prior to the enforceability of the act.

5. Transfers and grants.

The recognition criteria for this type of income are set out in the recognition and valuation standard n. 13, "Transfers and grants".

6. Free disposals of use of goods and rights.

The treatment of these operations is established in the recognition and valuation standard n. 14, "Admissions and other free disposals of the use of goods and rights."

12. Provisions.

This standard of recognition and valuation will be applied in general, except if in another standard of recognition and assessment contained in this Plan a singular criterion is established. It shall also not apply for the registration of provisions where actuarial calculations are necessary for their determination and those affecting the so-called social benefits.

1. Concept.

A provision is a liability on which there is uncertainty about its amount or maturity.

It will give rise to the liability of any event of which a payment obligation arises, of a legal, contractual or implied type for the entity, in such a way that the entity has no more realistic alternative than to satisfy the amount corresponding.

An implicit obligation is that which is derived from the actions of the entity itself, in which:

(a) due to an established pattern of past behaviour, government policies that are in the public domain or a sufficiently specific statement made, the entity has disclosed to third parties who are willing to accept certain types of responsibilities; and

b) as a consequence of the foregoing, the entity has created a valid expectation, to those third parties with whom it must meet its commitments or responsibilities.

2. Recognition.

A provision must be recognized when all of the following conditions are given:

a) the entity has an obligation (either legal, contractual or implied) as a result of a past event;

b) the entity is likely to have to divest resources that incorporate economic returns or service potential to cancel such an obligation; and

c) can be made a reliable estimate of the amount of the obligation.

The above effects should be taken into account:

-Only those obligations arising from past events, the existence of which is independent of the entity's future actions, shall be recognised as provisions.

-Cannot recognize provisions for expenses that need to be incurred in order to function in the future.

-An event that has not resulted in the immediate birth of an obligation, can do so at a later date, because of legal changes or by actions of the entity. For these purposes, legal changes are also considered to be those where the regulation has been approved but has not yet entered into force.

-The resource output will be considered likely whenever there is a greater possibility of it being present than otherwise, that is, the probability of an event occurring is greater than the probability that it will not be present in the future.

3. Initial assessment.

The amount recognized as a provision must be the best estimate of the disbursement required to cancel the obligation or to transfer it to a third party.

For quantification the following issues should be considered:

a) The basis of the estimates for each of the possible outcomes will be determined according to:

-the judgment of the entity's management,

-the experience in similar operations, and

-expert reports.

b) The amount of the provision must always be the nominal value of the disbursements that are expected to be required to cancel the obligation, without updating.

(c) Reimbursement by third parties: If the entity is assured that a portion or all of the disbursement necessary to settle the provision is reimbursed to it by a third party, such reimbursement shall be the subject of recognition as an independent asset, the amount of which must not exceed that recorded in the provision. In addition, the expenditure related to the provision should be presented as an independent item of income recognised as reimbursement. Where appropriate, it shall be the subject of information in memory of those items which are related and which serve to better understand an operation.

4. Further assessment.

4.1 General considerations.

Provisions should be reviewed at least at the end of each financial year and adjusted, where appropriate, to reflect the best estimate at that time. In the event that the outflow of resources, which incorporate economic returns or service potential, is no longer likely to cancel the corresponding obligation, the provision will be reversed, the counterpart of which will be a revenue account. of the exercise.

4.2 Particular considerations.

Changes in the valuation of an existing liability for decommissioning, restoration or similar that are the result of changes in the calendar or the estimated amount of the outflow of resources to settle the obligation, will count according to the following criteria:

a) Changes in the liability will increase or decrease the cost of the corresponding asset.

(b) The amount deducted from the cost of the asset shall not exceed its accounting value. If a decrease in the liability exceeds the amount of the book value of the asset, the excess shall be recognised immediately in the result of the financial year.

As a result of the asset adjustment, the depreciable basis must be modified and the amortization shares will be spread over their remaining useful life.

5. Application of provisions.

Each provision must be intended only to address the disbursements for which it was originally recognized.

13. Transfers and Grants.

1. Concept.

To the sole effects of this Plan:

Transfers are intended to give money or in kind to the various agents of public administrations, and to other public or private entities and individuals, and vice versa, all without direct counterpart by the beneficiaries, with the aim of financing operations or non-singularised activities.

The grants are intended to provide money or in kind between the various agents of public administrations, and from these to other public or private entities and private individuals, and vice versa, all without direct consideration by the beneficiaries, for an purpose, purpose, activity or specific project, with the obligation on the part of the beneficiary to fulfil the conditions and requirements which would have been established or, if not, proceed to his recovery.

Transfers and grants represent an increase in the beneficiary's net worth and, at the same time, a correlative decrease in the net worth of the grantor.

2. Recognition.

a) Transfers and grants awarded.

a.1) Monetary.

Transfers and grants awarded shall be entered in the accounts as expenditure at the time when the conditions laid down for their collection have been met, without prejudice to the budgetary allocation. of the same, to be carried out in accordance with the criteria set out in the first part of this text concerning the conceptual framework of public accounting.

When at the end of the financial year the fulfilment of any of the conditions established for its perception is pending, but there are no reasonable doubts about its future compliance, a provision must be made for the corresponding amounts, in order to reflect the expenditure.

a.2) Not monetary or in kind.

In the case of asset delivery, the entity shall acknowledge the transfer or grant granted at the time of delivery to the beneficiary.

In the case of debts assumed by other entities, the entity that assumes the debt must recognize the grant granted at the time the standard or the assumption agreement enters into force, registering as a counterpart the liability. emerged as a result of this operation.

b) Transfers and grants received.

b.1) Transfers received.

Transfers received will be recognized as income attributable to the result of the exercise in which they are recognized.

Monetary transfers will be recognised simultaneously with the registration of the budget revenue in accordance with the criteria set out in the first part of this text, relating to the conceptual framework of public accounting. However, they may be recognised before the conditions laid down for their perception have been met.

Transfers received in kind will be recognized at the time of receipt of the good.

b.2) Grants received.

The grants received will be considered as non-reintegrable and will be recognised as income by the beneficiary entity where there is an individual agreement to grant the grant in favour of the grant. conditions associated with their enjoyment and there are no reasonable doubts as to their perception, without prejudice to the budgetary allocation of those conditions, which shall be carried out in accordance with the criteria set out in the first part of this text relating to the framework the concept of public accounting. In other cases the grants received shall be deemed to be reintegrable and shall be recognised as a liability.

For the exclusive purposes of your accounting record, the conditions associated with the grant of the grant shall be deemed to be fulfilled in the following cases:

-When the fulfillment of the conditions associated with its enjoyment extends to several exercises, the fulfillment will be assumed once the investment or the expense is realized, if at the moment of elaboration of the annual accounts of each of the exercises to which it affects, is being complied with and there are no reasonable doubts as to the fulfilment of the conditions affecting subsequent years.

-In the case of grants for the construction of assets, where the conditions associated with the enjoyment require their completion and implementation and their execution is carried out in several exercises, they shall be understood fulfilled the conditions provided that there is no reasonable doubt at the time the annual accounts are drawn up that they are to be met. In this case the grant shall be deemed not to be reintegrable in proportion to the work performed.

This treatment shall apply to grants for multi-annual running costs where the completion of the subsidised activities is required.

In the case of assets received as a grant in kind, the beneficiary shall recognise the grant received as income or liability, as appropriate, at the time of receipt.

In the case of debts assumed by other entities, the entity whose debt has been assumed will have to recognize as income the grant received at the time the standard or the assumption agreement enters into force, registering simultaneously the cancellation of the assumed liability.

The grants received shall be imputed to results in accordance with the following criteria, which shall apply to both monetary and non-monetary or in kind.

The grants received will be taken into account, as a general rule, as income directly imputed to the net worth, in a specific item, being imputed to the result of the exercise on a systematic and rational basis. in a manner correlated to the costs of the subsidy in question, for which the purpose set out in its concession shall be taken into account:

-Grants to finance expenses: They will be charged to the result of the same financial year in which the expenses they are financing are due.

-Subventions for the acquisition of assets: The result of each exercise in proportion to the useful life of the asset shall be charged, applying the same method as for the allocation to the depreciation of the said items, or, if applicable, when its disposal or inventory is low.

In the case of non-depreciable assets, they shall be charged as income in the year in which the disposal or disposal of the assets takes place. In the event that the condition associated with the grant of the grant by the beneficiary is that it is required to make certain applications of funds (expenditure or investments), it may be recorded as revenue as it is charged to the results of the expenditure arising from these fund applications.

-Subventions for cancellation of liabilities: They shall be charged to the result of the financial year in which such cancellation occurs, except where they are granted in respect of a specific financing, in which case they shall be charged on the basis of the funded item.

3. Assessment.

Money transfers and grants shall be valued for the amount granted, both by the entity and by the beneficiary.

Non-monetary or in-kind transfers and grants shall be valued for the accounting value of the items delivered, in the case of the entity, and for its fair value at the time of recognition, in the the case of the beneficiary, unless, in accordance with another rule of recognition and valuation, another assessment of the assets in which the transfer or grant materialises is deducted.

Grants received on debt assumption will be valued at the book value of the debt at the time it is assumed.

Grants granted on debt assumption will be valued at the fair value of the debt at the time of the assumption.

4. Transfers and grants awarded by the public entities that own.

Transfers and grants granted by the owning entity or entities in favour of a dependent public entity shall be accounted for in accordance with the criteria set out in the preceding paragraphs of this standard recognition and assessment.

As provided for in the preceding paragraph, the initial direct equity contribution, as well as subsequent extensions of the same, by the assumption of new powers by the dependent entity shall be recorded by the ownership or ownership as investments in the assets of the dependent public entities to which the contribution is made, in accordance with the criteria set out in the recognition and valuation standard n. 7, ' Assets 'financial assets', and by the dependent entity as equity, being valued, in this case, in accordance with the criteria set out in the previous paragraph of this recognition and assessment rule.

14. Subscriptions, and other free disposals of use of goods and rights.

1. Concept.

This item includes those transactions for which assets are transferred free of charge for use by the receiving entity at a particular destination or end, so that if the goods or rights are not used for the intended purpose they should be subject to reversion or return to the entity providing them, either as a result of the provisions laid down in the applicable rules or by a binding agreement between those entities.

The subscriptions include both those made from a public entity to its dependent public bodies and among public bodies that are dependent on the same public entity. As regards the free disposals of the use of goods and rights, they are carried out between two public entities between which there is no relationship of dependence and are not dependent on the same public entity, and those between entities public and private entities.

2. Recognition and assessment.

These transactions shall be recorded and valued, either in the beneficiary or the transferee of the goods or rights or in the entity contributing or transferring, in accordance with the criteria set out in the recognition standard and valuation n. 13, "Transfers and grants". Where there are doubts as to the use of the good or the right for the intended purpose, the transaction shall be considered as a liability for the beneficiary. The future use of the good or the right for the intended purpose shall be presumed, provided that it is used at the time the annual accounts are drawn up. If the free transfer or transfer of the good is for a period of less than the economic life of the property, the entity receiving it shall register an intangible fixed asset for the fair value of the right of use of the goods transferred. If the free entry or transfer is for an indefinite period or similar to the economic life of the goods received, the beneficiary entity shall record in its asset the item received according to its nature and the fair value of the item in question. date of the assignment or assignment.

In the absence of other securities determined in accordance with the criteria set out in the conceptual framework of public accounting in relation to fair value, the valuation of the real estate received in transfer may be carried out by the value assigned to them by the Autonomous Community in which they radiate for tax purposes.

Finally, in respect of the assets, where these are produced from a public entity to its dependent entities and, for the purposes of the application, to the same as provided for in paragraph 4 of the Valuation standard n. 13, "Transfers and grants" means that the goods under consideration constitute for the dependent entity an initial capital contribution or an extension of the same as a result of the assumption of new powers by that dependent entity.

15. Changes in accounting criteria and estimates and errors.

1. Changes in accounting criteria.

Changes in accounting criteria may be either due to a voluntary, duly justified decision that involves obtaining better information, or the imposition of a rule.

a) Voluntary adoption of a change of accounting criteria.

For the application of the principle of uniformity, the accounting criteria for one year to another shall not be changed, except in exceptional cases which shall be indicated and justified in memory and always within the permitted criteria. in this Simplified Account Plan. In these cases, the change shall be deemed to be applied retroactively from the earliest period for which information is available. The cumulative effect of changes in assets and liabilities, calculated at the beginning of the financial year that are the result of a change of criterion, should be included as an adjustment for changes in the equity criterion. This correction will motivate the corresponding adjustment in the comparative information, unless it is not feasible.

When it is not possible to determine the cumulative effect of the adjustments in a reasonable manner at the beginning of the year, the new accounting criterion will be applied prospectively.

b) Change of accounting criteria by regulatory imposition.

A change of accounting criteria for the adoption of a rule that regulates the processing of a transaction or fact must be dealt with in accordance with the transitional provisions to be established in the standard itself. In the absence of such transitional arrangements, the treatment shall be the same as that laid down in point (a) above.

2. Changes in accounting estimates.

Changes in those items that require for their assessment to make estimates and which are a consequence of obtaining additional information, greater experience or knowledge of new facts, should not be considered for the purposes referred to in the preceding paragraph as changes in accounting criteria or error.

When it is difficult to distinguish between a change of accounting criteria or an accounting estimate, it will be considered as an accounting change.

The effect of the change in an accounting estimate shall be accounted for in a forward-looking manner, affecting, depending on the nature of the transaction concerned, the outcome of the financial year in which the change takes place or, where applicable, directly to the net worth. The eventual effect on future exercises will be imputed in the course of these exercises.

3. Errors.

Entities will draw up their annual accounts by correcting the errors that have become apparent before their formulation.

When drawing up annual accounts, errors may be discovered in previous exercises, which are the result of omissions or inaccuracies resulting from failures when using or using reliable information, which was available when the annual accounts for such periods were formulated and the entity should have used the production of those statements.

The errors corresponding to previous exercises that are of relative importance shall be corrected by applying the same rules as set out in paragraph 1 of this recognition and assessment rule.

In no case, the errors of previous exercises may be corrected affecting the result of the exercise in which they are discovered, except in the case that they are not of relative importance or impracticable to determine the effect of such an error.

16. Events after the end of the financial year.

Any subsequent events which show conditions which already existed at the end of the financial year shall be taken into account for the formulation of the annual accounts or, where appropriate, for their reformulation, provided that they are approval by the competent body. These subsequent events will motivate the annual accounts, depending on their nature, an adjustment, information in the memory, or both.

The events following the end of the financial year which show conditions which did not exist at the end of the financial year do not amount to an adjustment in the annual accounts. However, where the facts are of such importance that, if no information is provided on the matter, the assessment capacity of the users of the annual accounts could be distorted, the information should be included in the report. nature of the subsequent event together with an estimate of its effect or, where appropriate, a manifestation of the impossibility of making such an estimate.

In any case, information on subsequent events that affects the application of the principle of continued management should be included.

THIRD PART

Annual accounts

1. Rules for drawing up annual accounts.

1. Documents that make up the annual accounts.

The annual accounts comprise the balance sheet, the account of the economic income, the state of changes in the net worth, the state of settlement of the budget and the memory. These documents form a unit and must be clearly worded and show the true image of the assets, the financial situation, the economic outcome, and the execution of the entity's budget in accordance with this Plan. of Accounts.

2. Formulation of the annual accounts.

1. The annual accounts shall be drawn up by the institution within the time limit laid down by the legislation in force.

2. The annual accounts shall relate to the calendar year, except in cases of dissolution or creation of the institution. In cases of dissolution of an entity the annual accounts shall relate to the period from 1 January to the date of dissolution, whereas in the cases of creation of an entity, the annual accounts shall relate to the period from which the institution is dissolved. the date of creation until 31 December of that financial year.

3. The balance sheet, the account of the economic income, the state of changes in the net worth, the state of settlement of the budget and the memory shall be identified, indicating clearly and in each of these documents their name, the entity to which they correspond and the exercise to which they relate.

4. The annual accounts shall be drawn up by expressing their values in euro.

3. Structure of annual accounts.

The annual accounts of institutions will need to be adapted to the models set out in this Accounts Plan.

When the accounting entity performs operations not covered by this Plan of Accounts and if in the General Public Accounting Plan adapted to the local government, the structure of the annual accounts must be adapted to the contemplated in that Plan to present such operations.

4. Rules common to the balance sheet, the economic income statement and the state of changes in equity.

Without prejudice to the provisions of the individual rules of each of the states that make up the annual accounts, the balance sheet, the account of the economic income and the state of changes in the net worth They will make the following rules in mind:

1. In addition to the figures for the financial year which are closed for the preceding financial year, each item shall be included, except in the first part of the statement of changes in net worth. For this purpose, where some and other effects are not comparable, either because there has been a change in the structure of the accounts, either because of a change in the accounting criterion or the error of error or because there has been a change in the accounts. administrative reorganisation, the amounts of the preceding financial year shall be adjusted for the purposes of its presentation in the financial year to which the annual accounts relate, reporting in the memory.

2. The criteria for recording and assessing each financial year shall not be modified except for exceptional cases which shall be indicated and justified in memory.

3. The items to which no amount corresponding in the financial year or in the preceding year are not included.

4. Where appropriate, each consignment shall contain a cross-reference to the relevant information within the memory.

5. Balance sheet.

The balance sheet comprises the entity's due separation, asset, liability and net worth, and shall be made taking into account that:

1. The classification between current and non-current items shall be performed according to the following criteria:

a) An asset must be classified as a current asset when:

a.1) Expected to be performed in the short term, that is, within the twelve-month period counted from the date of the annual accounts, or

a.2) Whether it is cash or other equivalent liquid medium.

All other assets must be classified as non-streams.

However, the items included in the headings for non-financial fixed assets shall be included in the non-current asset even if they are expected to be made in the short term.

(b) A liability is to be classified as a current liability when it is to be settled in the short term, i.e. within the 12-month period from the date of the annual accounts.

All other liabilities must be classified as non-streams.

2. The impairment valuation corrections and the accumulated write-downs shall result in the loss of the asset item in which the relevant asset item is included.

3. The outstanding disbursements on holdings shall include the asset item in which the relevant financial investment is included.

4. Item 3, "Historical Heritage Assets", under the heading, A. II, "Fixed assets " of the asset, shall include all assets that participate in this nature irrespective of whether or not they are being used by the entity.

5. Item A. VI of the asset, 'Debtors and other long-term receivables' shall include the accounts payable under item B. I of the asset with a maturity of more than one year.

6. For their part, the grants to be awarded for results, as provided for in the recognition and valuation standard n ° 13, "Transfers and grants", shall be recorded under heading A. III, "Grants received from the European Union". imputation to results " of the liability.

7. The liability item B. III, 'Creditors and other accounts payable in the long term' shall include the creditor accounts under heading C. III of the liability with a maturity of more than one year.

8. Where a correction of a material error or a change of criterion cannot be reexpressed in the column relating to the preceding financial year, it shall be reported in the memory.

6. Account of the economic outcome.

This account collects the economic income obtained in the financial year and consists of the income and expenses of the financial year, except where it proceeds directly to the net worth in accordance with the provisions of the standards for recognition and assessment. The account of the economic outcome shall be made taking into account that:

1. Revenue and expenditure shall be classified in accordance with its economic nature.

2. The amount corresponding to tax and urban income, service benefits and other revenue from ordinary management shall be reflected in the account of the economic income resulting from its net amount.

3. The transfers and grants received shall be charged to the economic result in accordance with the relevant recognition and valuation standard and shall be reflected in the following items:

(a) Grants received to finance expenditure for the financial year, transfers and grants received for the cancellation of liabilities that do not involve a specific financing of an asset, shall be reflected in heading 2.a), "Transfers and grants received. Of the exercise ".

(b) Grants received to finance non-current assets of a depreciable nature (materials, intangibles, real estate investments and land public equity), received for the cancellation of a liability that would entail a specific financing of a heritage element of the above and those received to finance non-current and non-depreciable assets requiring the making of certain fund applications shall be included in item 2.b), "Transfers and grants received. Allocation of grants for non-financial fixed assets ".

(c) Grants received to finance current assets or multi-annual running costs shall be reflected in item 2.c), "Transfers and grants received. Allocation of grants for current and other assets. '

(d) If the assets referred to in paragraph (b) above are put in or out of place, the grants received for financing that are outstanding for imputation shall be reflected in item 11.c), " Impairment of value and results by disposal of non-financial fixed assets. Allocation of grants for non-financial fixed assets '. This same item shall include grants received to finance non-current and non-depreciable assets.

(e) Where the grant funds an expenditure or an asset of a financial nature, the corresponding income shall be included in item 17, "Financial operations finance grants".

4. Item 6, "Excesses of provisions", includes these operations, while the provisions and increases in provisions shall be included in the corresponding expenditure item according to their nature.

5. The results of the sale of intangible or tangible fixed assets, as well as those arising from the disposal of real estate or public equity investments, shall be reflected in item 11.b), "Value and results of the disposal of non-financial fixed assets. Casualties and alienation. "

6. Results originating outside the normal business of the entity as well as its control, such as the fines or penalties supported shall be included in item 12, "Other non-ordinary items", reporting in the memory.

7. The deterioration of the receivables included in the headings of balance sheet A. VI, "Deudores and other accounts receivable in the long term "and B. I, "Deudores and other accounts receivable in the short term" shall be reflected in item 16, " Impairment of value, low and Financial assets and liabilities.

.

8. The line "+ Adjustments in the account of the result of the preceding financial year" shall include adjustments resulting from a material error or a change of criterion in the result of the previous financial year which cannot be recorded in its definitive concepts, and only the amount (positive or negative) in the column corresponding to the year preceding the reference year of the accounts. The amount of this same column corresponding to the last line "Result of the adjusted previous year" shall be obtained by aggregation of the amount of the line of "+ Adjustments in the account of the result of the previous year" and of the amount of the line " IV. Profit (savings or savings) net of the financial year ".

9. The amount of the accounts with a credit balance shall be shown as a positive sign and the amount of the accounts with a negative sign.

7. Status of changes in net worth.

The status of changes in net worth is divided into two parts:

1. Total state of changes in net worth.

2. Status of property operations with the owning entity or entities.

Those states will have the structure that is listed in the annual accounts models.

For the purpose of giving information in memory on the items of such statements, where significant, the gross amounts included in each item shall be considered, rather than the net amount of the item, in the case of items in which amounts of different sign are integrated.

1. In the first part, 'Total State of Changes in Net Worth', all changes in net worth shall be reported by distinguishing between:

-Net worth adjustments due to changes in accounting criteria and error corrections.

-The revenue and expenses recognized in the exercise.

-The property operations with the owning entity or entities, in which they act as such.

-Other variations that occur in net worth.

2. The second part, "State of economic operations with the owning entity or entities", is a development under the heading D. 2 of the "Total State of Net Worth Changes":

In the column relating to the year immediately preceding the closing date, the adjusted amounts, that is, the operations of that financial year, corrected, if appropriate, by the adjustments due to changes in criteria and error corrections.

In relation to the information on the property transactions with the owning entity or entities in items 1, "Cash Contribution", and 2, "Contribution of Goods and Rights", the contributions shall be included received from the owning entity or entities either as a direct initial capital contribution or as subsequent extensions as a result of the assumption of new powers by the accounting institution.

In item 3, "Assumption and remission of financial liabilities", contributions made by the owning entity or entities shall be included by the assumption or remission of financial liabilities of the accounting entity.

In item 4, "Other contributions of the owning entity or entities", the equity contributions other than the previous ones shall be included.

Returns to the owning entity or entities, for example, for the reversal of property and rights attached, shall be submitted by minoring the item on which the equity contribution would have been recorded.

8. State of liquidation of the Budget.

The State of Settlement of the Budget, comprising, with due separation, the settlement of the entity's Budget of expenditure and the Budget of revenue, as well as the Budget Result.

The liquidation of the expenditure budget and the liquidation of the revenue budget shall be presented at least with the level of unbundling of the approved budget and its subsequent amendments. The liquidation of the expenditure budget shall also be presented by grouping the appropriations on the basis of the levels of legal linkage, that is to say, summary by legal binding of the appropriations.

In the settlement of the Income Budget, in the column called "nullified rights", the rights shall be included the rights annulled for the cancellation of settlements, previously collected or not, as well as, the cancelled due to postponement or fractionation; in the column entitled "cancelled rights", the charges in kind and the rights cancelled by insolvencies and other causes shall be included. In addition, the column entitled 'net recognised rights' shall include the total of rights recognised during the financial year for the total of rights cancelled and cancelled during the year. In the column, 'forecast default/default', the difference between the net recognised rights and the final income forecasts shall be collected.

The budgetary outcome of the financial year is the difference between the net budgetary rights settled during the financial year and the net budgetary obligations recognised during the same period and shall, where appropriate, (a) to be adjusted on the basis of the liabilities financed with cash balances for general expenses and of the financial deviations from the financial year resulting from the financing of the financial year concerned.

The net recognised rights and net recognised obligations that make up the budget result shall be reported in the following groupings:

a) Current operations: operations attributed to Chapters 1 to 5 of the Budget.

b) Capital operations: operations attributed to Chapters 6 and 7 of the Budget.

(c) Financial assets: transactions attributed to Chapter 8 of the Budget.

(d) Financial liabilities: transactions attributed to Chapter 9 of the Budget.

9. Memory.

Full, comprehensive and comments on the information contained in the other documents that make up the annual accounts. It will be formulated taking into account that:

a) The memory model collects the minimum information to be completed; however, in those cases where the information requested is not significant, the notes corresponding to it will not be completed. If, as a result of the above, certain notes are not content and therefore will not be completed, it will be maintained for those notes that, if they have content, the numbering provided for in the memory model of this Plan and will be incorporated in the memory a relationship of those notes that do not have content.

(b) Any other information not included in the model of the memory that is necessary to enable knowledge of the entity's situation and activity in the financial year, facilitating the understanding of the accounts, shall be indicated. annual subject-matter, in order to ensure that they reflect the true and fair view of the assets, the financial situation, the financial assets and the settlement of the accounting institution's budget.

(c) When tables are included in the sections of the Memory to reflect all or part of the information requested, their completion is mandatory.

d) The information contained in the Report on the State of Settlement of the Budget shall be presented with the same level of unbundling as this.

(e) In general, in relation to note 15, "Operations for the management of resources on behalf of other public entities", accounting entities that administer resources on behalf of other public entities shall only come required to complete the information relating to ' 1. Obligations arising from management ", as well as information relating to" 2. Public entities, current accounts in cash " in the event that they make deliveries to the holding entities.

In addition, they will be required to fill in the information regarding " 3. Development of management " where the information necessary for them to have been incorporated into their budget by all the operations resulting from the management of the resources would not have been provided to the institutions.

2. ANNUAL ACCOUNTS MODELS

BALANCE

N	ACTIVE	IN MEMORY	20XX	20XX-1	N °	EQUITY AND LIABILITIES	NOTES in	20XX	20XX-1
	) Non-stream					A) Net Heritage
200, (280) (290)	I. Intangible fixed				100, 101	I. Heritage
		. Immobilized material						. Generated
210, 211, (2810), (2811), (2910), (2911), (2990), (2991),	1 Outlands and constructs				120	1 Previous Exercise Results
212, (2812), (2912), (2992),	2. Infrastructures				129	2 Exercise Result
213, (2813), (2913), (2993)	3 historical heritage				13	III. Grants received pending imputation to results
214, 215, 216, 217, 218, 219, (2814), (2815), (2816), (2817), (2818), (2819), (2914), (2915), (2916), (2917), (2918), (2919), (2999)	4 Other immobilized material					B) Non-stream Passive
	230	5. Immobilized ongoing material and advances				14	I. Long-term
		III. Real Estate						. Long-term
220, 221, (282), (292)	1 Outlands and constructs				170, 177	1. Debt to credit institutions
231	2. Ongoing real estate investments and advances				178, 179, 180	2. Other debts
	Public Heritage of the				172	III. Creditors and other accounts payable to long
, 241, (2840), (2841), (2930), (2931),	1. Grounds and constructs					C) Current Passive
243	2. In progress and advances				58	I. Short-term
249, (2849) (2939),	3. Other public land heritage						. Short term
		Long-term financial				520, 521, 527	1. Debt to credit institutions
260, (269), (294)	1. Financial investments in equity				528, 529, 560	2. Other debts
261, 262, 266, 267, (295), (296)	2 Credit and debt securities					III. Creditors and other accounts payable in the short term
268, 270, (298)	3 Other Financial Investments				40	1. Creditors for budget operations
265, (297)	VI. Debtors and other accounts receivable in the long term				41, 522, 550, 554,559	2. Other accounts payable
		) Current Active				47	3. Public administrations
	Debtors and other accounts receivable in the short term				45	4. Creditors for resource management on behalf of other public entities
43, (4900)	1. Debtors for budget operations				485, 568	IV. Adjustments by
44, 550, 555, 558, (4901)	2. Other accounts receivable
47	3. Public administrations
45	4. Debtors by resource management on behalf of other public entities
	II. Short-term financial
540, (549), (594)	1. Financial investments in equity
541, 542, 546, 547, (595), (596)	2. Debt securities and debt securities
545, 548, 565, (598)	3. Other financial investments
480, 567	III. Adjustments by
	IV. Cash and other equivalent liquid
577	1. Equivalent liquid assets
556, 570, 571, 573, 574, 575	2. Treasury
	ACTIVE (A + B)					TOTAL NET AND PASSIVE EQUITY (A + B + C)

N	ACTIVE	IN MEMORY	20XX	20XX-1	N °	NET AND PASSIVE EQUITY	NOTES IN MEMORY	20XX	20XX-1
	A) Non-stream					A) Net Heritage
200, (280) (290)	I. Intangible fixed				100, 101	I. Heritage
		. Immobilized material						. Generated
210, 211, (2810), (2811), (2910), (2911), (2990), (2991),	1 Outlands and constructs				120	1 Previous Exercise Results
212, (2812), (2912), (2992),	2. Infrastructures				129	2 Exercise Result
213, (2813), (2913), (2993)	3 historical heritage				13	III. Grants received pending imputation to results
214, 215, 216, 217, 218, 219, (2814), (2815), (2816), (2817), (2818), (2819), (2914), (2915), (2916), (2917), (2918), (2919), (2999)	4 Other immobilized material					B) Non-stream Passive
	230	5. Immobilized ongoing material and advances				14	I. Long-term
		III. Real Estate						. Long-term
220, 221, (282), (292)	1 Outlands and constructs				170, 177	1. Debt to credit institutions
231	2. Ongoing real estate investments and advances				178, 179, 180	2. Other debts
	Public Heritage of the				172	III. Creditors and other accounts payable to long
, 241, (2840), (2841), (2930), (2931),	1. Grounds and constructs					C) Current Passive
243	2. In progress and advances				58	I. Short-term
249, (2849) (2939),	3. Other public land heritage						. Short term
		Long-term financial				520, 521, 527	1. Debt to credit institutions
260, (269), (294)	1. Financial investments in equity				528, 529, 560	2. Other debts
261, 262, 266, 267, (295), (296)	2 Credit and debt securities					III. Creditors and other accounts payable in the short term
268, 270, (298)	3 Other Financial Investments				40	1. Creditors for budget operations
265, (297)	VI. Debtors and other accounts receivable in the long term				41, 522, 550, 554,559	2. Other accounts payable
		) Current Active				47	3. Public administrations
	Debtors and other accounts receivable in the short term				45	4. Creditors for resource management on behalf of other public entities
43, (4900)	1. Debtors for budget operations				485, 568	IV. Adjustments by
44, 550, 555, 558, (4901)	2. Other accounts receivable
47	3. Public administrations
45	4. Debtors by resource management on behalf of other public entities
	II. Short-term financial
540, (549), (594)	1. Financial investments in equity
541, 542, 546, 547, (595), (596)	2. Debt securities and debt securities
545, 548, 565, (598)	3. Other financial investments
480, 567	III. Adjustments by
	IV. Cash and other equivalent liquid
577	1. Equivalent liquid assets
556, 570, 571, 573, 574, 575	2. Treasury
	ACTIVE (A + B)					TOTAL NET AND PASSIVE EQUITY (A + B + C)

ESTATE ECONOMIC OUTCOME ACCOUNT

752

754

(640)

8. Transfers and grants

(630), (676)

(690), (691), (692), (693), 790, 791, 792, 793, 799

(678)

		IN MEMORY	20XX	20XX-1
	1. Tax and urban
a) Taxes
740,742	b) Rates
744	c) Special contributions
745, 746	d) Urban revenue
	2. Transfers and grants received
	a) Exercise
	750	a1) Transfers
751	a2) Received grants to fund exercise expenses
a3) Liabilities cancellation grants that do not involve funding specific to a heritage item
7530	b) Imputation of grants for non-financial fixed assets
c) Subsidy imputation for current and other assets
741	3. Service
780.781,782,783, 784	4. Jobs performed by the entity for your quiesced
777	5. Other ordinary management
795	6. Excess provisions
	) TOTAL ORDINARY MANAGEMENT REVENUE (1 + 2 + 3 + 4 + 5 + 6)
7. Staff
	9. Other ordinary management
) Foreign Supplies and Services
		10. Amortization of the immobilized
		) TOTAL ORDINARY MANAGEMENT EXPENSES (7 + 8 + 9 + 10)
	I. Result (saving or saving) from ordinary (A + B)
	11. Impairment of value and results by disposal of non-financial fixed
a) Value Impairment
770, (670)	b) Boxes and Enajenations
	7531	c) Subsidy of grants for non-financial fixed assets
	12. Other non-ordinary
) Revenue
b) Expenses
	II. Results of operations non-financial (I + 11 + 12)
	13. Financial
a) Equity shareholdings
761, 769	b) of debt, credit, and other financial investments
		14. Financial expenses
) By debts
	785, 786, 787, 788, 789	b) Financial expenses imputed to the asset
764, (664)	15. Fair value variation in financial assets
765, (665), 796, 797, 798, (667), (696), (697), (698)	. Impairment of Value, Low and Enajenations of Financial Assets and
755, 756	17 Financial Operations Financing
	III. Result of financial operations (13 + 14 + 15 + 16 + 17)
	IV. Result (saving or saving) net of exercise (II + III)
	+ Adjustments to the account of the previous exercise result
	Adjusted Previous Exercise Result (IV + Adjustments)

752

754

(640)

8. Transfers and grants

(630), (676)

(690), (691), (692), (693), 790, 791, 792, 793, 799

(678)

		NOTES IN MEMORY	20XX	20XX-1
	1. Tax and urban
a) Taxes
740,742	b) Rates
744	c) Special contributions
745, 746	d) Urban revenue
	2. Transfers and grants received
	a) Exercise
	750	a1) Transfers
751	a2) Received grants to fund exercise expenses
a3) Liabilities cancellation grants that do not involve funding specific to a heritage item
7530	b) Imputation of grants for non-financial fixed assets
c) Subsidy imputation for current and other assets
741	3. Service
780.781,782,783, 784	4. Jobs performed by the entity for your quiesced
777	5. Other ordinary management
795	6. Excess provisions
	) TOTAL ORDINARY MANAGEMENT REVENUE (1 + 2 + 3 + 4 + 5 + 6)
7. Staff
	9. Other ordinary management
) Foreign Supplies and Services
		10. Amortization of the immobilized
		) TOTAL ORDINARY MANAGEMENT EXPENSES (7 + 8 + 9 + 10)
	I. Result (saving or saving) from ordinary (A + B)
	11. Impairment of value and results by disposal of non-financial fixed
a) Value Impairment
770, (670)	b) Boxes and Enajenations
	7531	c) Subsidy of grants for non-financial fixed assets
	12. Other non-ordinary
) Revenue
b) Expenses
	II. Results of operations non-financial (I + 11 + 12)
	13. Financial
a) Equity shareholdings
761, 769	b) of debt, credit, and other financial investments
		14. Financial expenses
) By debts
	785, 786, 787, 788, 789	b) Financial expenses imputed to the asset
764, (664)	15. Fair value variation in financial assets
765, (665), 796, 797, 798, (667), (696), (697), (698)	. Impairment of Value, Low and Enajenations of Financial Assets and
755, 756	17 Financial Operations Financing
	III. Result of financial operations (13 + 14 + 15 + 16 + 17)
	IV. Result (saving or saving) net of exercise (II + III)
	+ Adjustments to the account of the previous exercise result
	Adjusted Previous Exercise Result (IV + Adjustments)

NET WORTH CHANGES STATUS

1. TOTAL STATE OF CHANGES IN NET WORTH

	NOTES IN MEMORY	I. Heritage	II. Generated	III. Grants received	TOTAL
	NET WORTH AT END OF FINANCIAL YEAR 20XX-1
ADJUSTMENTS FOR ACCOUNTING CRITERIA CHANGES AND ERROR CORRECTION
	C. FINANCIAL YEAR 20XX ADJUSTED INITIAL NET WORTH (A + B)
D. NET WORTH VARIATIONS EXERCISE 20XX
. Revenue and expenses recognized in the exercise
2. Heritage operations with the owning entity or entities
3. Other net worth variations
NET WORTH AT END OF FINANCIAL YEAR 20XX (C + D)

	NOTES IN MEMORY	I. Heritage	II. Generated	III. Grants received	TOTAL
	NET WORTH AT END OF FINANCIAL YEAR 20XX-1
ADJUSTMENTS FOR ACCOUNTING CRITERIA CHANGES AND ERROR CORRECTION
	C. FINANCIAL YEAR 20XX ADJUSTED INITIAL NET WORTH (A + B)
D. NET WORTH VARIATIONS EXERCISE 20XX
. Revenue and expenses recognized in the exercise
2. Heritage operations with the owning entity or entities
3. Other net worth variations
NET WORTH AT END OF FINANCIAL YEAR 20XX (C + D)

2. STATUS OF PROPERTY TRANSACTIONS WITH THE OWNING ENTITY OR ENTITIES

	NOTES IN MEMORY	20XX	20XX-1
. Cash contribution.
2. Contributing assets and rights
3. Assumption and remission of financial liabilities
	4. Other inputs from the owning entity or entities
TOTAL.

	NOTES IN MEMORY	20XX	20XX-1
. Cash contribution.
2. Contributing assets and rights
3. Assumption and remission of financial liabilities
	4. Other inputs from the owning entity or entities
TOTAL.

BUDGET SETTLEMENT STATUS

I. SETTLEMENT OF THE EXPENDITURE BUDGET

budget	DESCRIPTION	BUDGET CREDITS			COMMITTED EXPENSES (4)	NET RECOGNIZED OBLIGATIONS (5)	PAGOS (6)	PAYMENT OUTSTANDING OBLIGATIONS AT 31 DECEMBER (7 = 5-6)	CREDIT REMNANTS (8 = 3-5)
		INITIALS (1)	AMENDMENTS (2)	DEFINITIVE (3 = 1 + 2)

budget	DESCRIPTION	BUDGET CREDITS			COMMITTED EXPENSES (4)	NET RECOGNIZED OBLIGATIONS (5)	PAGOS (6)	PAYMENT OUTSTANDING OBLIGATIONS AT 31 DECEMBER (7 = 5-6)	CREDIT REMNANTS (8 = 3-5)
		INITIALS (1)	AMENDMENTS (2)	DEFINITIVE (3 = 1 + 2)

II. SETTLEMENT OF THE REVENUE BUDGET

budget	DESCRIPTION	BUDGET FORECASTS			RECOGNIZED RIGHTS (4)	RIGHTS NULLIFIED (5)	RIGHTS CANCELED (6)	RECOGNIZED RIGHTS NETOS (7 = 4-5-6)	NET COLLECTION (8)	RECEIVABLES AT 31 DECEMBER (9 = 7-8)	PROVIDED/DEFAULT (10 = 7-3)
		INITIALS (1)	AMENDMENTS (2)	DEFINITIVE (3 = 1 + 2)
TOTAL

budget	DESCRIPTION	BUDGET FORECASTS			RECOGNIZED RIGHTS (4)	RIGHTS NULLIFIED (5)	RIGHTS CANCELED (6)	RECOGNIZED RIGHTS NETOS (7 = 4-5-6)	NET COLLECTION (8)	RECEIVABLES AT 31 DECEMBER (9 = 7-8)	PROVIDED/DEFAULT (10 = 7-3)
		INITIALS (1)	AMENDMENTS (2)	DEFINITIVE (3 = 1 + 2)
TOTAL

III. BUDGET OUTCOME

3. Spent credits funded with cash flow remaining for general expenses

	concepts	RECOGNIZED RIGHTS	RECOGNIZED NET OBLIGATIONS		BUDGET RESULT
) Current operations.	-	-			-
	b) Operations capital	-		-	-
1. Total non-financial operations (a + b)	-	-		-
-	-			-
-		-
-	-	-		-	-
. Total Financial Operations (c + d)	-	-		-
I. EXERCISE BUDGET RESULT (I = 1 + 2)	-	-	-
-
4. Financial Year Negative Deviations				-
5. Exercise positive funding deviations			-
II. TOTAL SETTINGS (II = 3 + 4-5)			-	-
ADJUSTED BUDGET RESULT (I + II)				-

3. Spent credits funded with cash flow remaining for general expenses

	concepts	RECOGNIZED RIGHTS	RECOGNIZED NET OBLIGATIONS		BUDGET RESULT
) Current operations.	-	-			-
	b) Operations capital	-		-	-
1. Total non-financial operations (a + b)	-	-		-
-	-			-
-		-
-	-	-		-	-
. Total Financial Operations (c + d)	-	-		-
I. EXERCISE BUDGET RESULT (I = 1 + 2)	-	-	-
-
4. Financial Year Negative Deviations				-
5. Exercise positive funding deviations			-
II. TOTAL SETTINGS (II = 3 + 4-5)			-	-
ADJUSTED BUDGET RESULT (I + II)				-

MEMORY

MEMORY CONTENT

1. Organization and Activity.

2. Indirect management of public services, conventions and other forms of collaboration.

3. Basis for the presentation of the accounts.

4. Standards for recognition and assessment.

5. Tangible fixed assets.

6. Public heritage of the soil.

7. Real estate investments.

8. Intangible fixed assets.

9. Financial leases and other operations of a similar nature.

10. Financial assets.

11. Financial liabilities.

12. Cash flow and equivalent liquid assets.

13. Transfers, grants and other revenue and expenditure.

14. Provisions.

15. Operations by resource management on behalf of other public entities.

16. Non-cash-in-cash operations.

17. Values received in repository.

18. Budgetary information.

19. Financial, economic and budgetary indicators.

20. Post-closure events.

1. Organization and Activity.

Reports on:

1. Official population and how many other socioeconomic data contribute to the identification of the entity.

2. Rule of creation of the entity (it will not be necessary to inform about the norm of creation of the Municipality, the Province and the Island).

3. Main activity of the entity (it will not be necessary to inform about the activity of the General Administration of the Municipality, the Province and the Island), its legal, economic and financial regime. In the case of indirect managed public services, the form of management shall be indicated.

4. Description of the main sources of income and, where applicable, charges and perceived public prices.

5. Tax consideration of the entity for the purposes of corporate tax and, where applicable, transactions subject to VAT and percentage of pro rata.

6. Basic organizational structure, at its political and administrative levels.

7. Average number of employees during the financial year and 31 December, both officials and staff, distinguishing between categories and sexes.

8. Identification, where applicable, of the owning entity or entities and percentage of the holding in the equity of the accounting institution.

2. Indirect management of public services, conventions and other forms of collaboration.

In relation to indirect managed public services, agreements and other forms of collaboration, when they have a significant amount, the entity shall report, together with the entity's identifying data with the management, convention or collaboration, on:

1. In indirect management: the object, time limit, the public domain assets affected by the management, the non-cash contributions, the transfers or grants committed during the life of the concession, the reintegrable advances, the loans participative, subordinated or otherwise granted by the operator of the service to the manager and the goods to be reversied.

2. In the conventions: the object, the deadline and the transfers or grants committed during the life of the convention.

3. In the case of other forms of public-private partnership: the object, time and transfers or grants committed during the lifetime of the partnership agreement, as well as the agreed price.

3. Basis for the presentation of the accounts.

Reports on:

1. True image:

(a) Information requirements, public accounting principles and accounting criteria not applied for interfering with the objective of the faithful image and, where applicable, impact on annual accounts.

b) Principles, applied accounting criteria, and complementary information needed to achieve the objective of true image and location of memory.

2. Comparison of information:

a) Explanation of the causes that prevent the comparison of the annual accounts of the year with those of the previous one.

b) Explanation of the adjustment of the amounts of the preceding financial year to facilitate the comparison or, where appropriate, the impossibility of making such an adjustment.

3. Reasons and impact on the annual accounts of changes in accounting and error correction criteria.

4. Information about changes in accounting estimates when they are significant.

4. Standards for recognition and assessment.

The accounting criteria applied for the following items shall be indicated:

1. Tangible fixed assets, indicating depreciation criteria, valuation corrections for deterioration and reversal of depreciation, capitalisation of financial expenses, enlargement costs, modernisation and improvements, costs of major repair or general inspection, costs of decommissioning of the asset and restoration of its site, and the criteria for determining the cost of the work carried out by the institution for its fixed assets.

2. Public equity of the land; specifying for the land, buildings and other property and rights belonging to this heritage the criteria set out in paragraph 1 above.

3. Real estate investments; pointing out the criterion for qualifying land and buildings as real estate investments, specifying for these the criteria mentioned in paragraph 1 above.

4. Intangible fixed assets; indicating the criteria used for capitalisation or activation, amortisation and valuation corrections for impairment.

Justification of the circumstances that have led to the indefinite qualification of the useful life of an intangible fixed asset.

5. Leases; describing circumstances taken into account to qualify finance leases.

6. Permutas; indicating the criterion followed and the justification for their application, in particular the circumstances which led to the consideration of a permuse as non-similar assets from a functional or useful life point of view.

7. Financial assets and liabilities; indicating:

a) For financial assets:

-Criteria used for the rating and valuation of different categories of financial assets, as well as for the recognition of fair value changes.

-The nature of the initially classified as at fair value with changes in the account of the wealth economic result, as well as the criteria applied in that classification and an explanation of how the entity has fulfilled the requirements set out in the standard of registration and valuation relating to financial assets.

-The criteria applied to determine the existence of objective evidence of deterioration, as well as the recording of the correction of value and its reversal and the definitive reduction of impaired financial assets. The accounting criteria applied to financial assets whose conditions have been renegotiated and which otherwise would be due or impaired shall also be indicated.

b) Criteria used for the registration of financial assets and financial liabilities.

(c) The criteria used in determining the revenue or expenditure arising from the various categories of financial instruments: interest, premiums or discounts, dividends, etc.

8. Revenue and expenditure; indicating the general criteria applied.

9. Provisions; indicating the criterion of valuation as well as, where applicable, the treatment of compensation to be received from a third party.

10. Transfers and grants; indicating the criteria used for their classification and, where appropriate, their imputation to results.

Optionally, this information may be included in those notes in the Memory that correspond to the affected assets.

5. Tangible fixed assets.

1. Movement analysis during the exercise of each balance sheet item included in this item and its corresponding cumulative amortisation and cumulative value adjustments, indicating the following:

a) Initial save.

b) Entries.

c) Augments by transfers from other items.

d) Outputs.

e) Decreases by transfers to other items.

f) Net valuation corrections for impairment of the financial year (endowments with less reversions of endowments).

g) Exercise Amorizations.

h) End save.

2. Information about:

(a) Estimated costs of decommissioning of the asset and the restoration of its site, including the higher value of the assets, as well as major repairs or built-in general inspections, specifying the circumstances that have been taken into account for their assessment.

(b) Useful means or depreciation coefficients used in the different types of items, as well as information, where appropriate, on the coefficients applied to different parts of the same item.

(c) Whenever it has a significant impact on the present or future financial year, it shall be reported on the estimate changes affecting residual values, the estimated decommissioning costs of the asset and the restoration of its location, useful lives and methods of depreciation, as well as major repairs or general inspections.

d) Amount of capitalized financial expenses, if any, in the financial year.

(e) Goods received on an entry basis, at the level of balance sheet item, with indication, on its activated value, amortisation and cumulative impairment valuation corrections.

Identification of goods received in attachment during exercise.

(f) Identification of entities to whom goods have been delivered in respect of the financial year.

g) Identification of goods received in disposal during the financial year.

(h) Identification of entities to whom goods were delivered during the financial year.

i) Financial leases and other transactions of a similar nature of significant amount on property of tangible fixed assets, without prejudice to the information required in other parts of the memory.

(j) The goods that are intended for general use shall be reported, distinguishing between infrastructures, communal goods and historical assets, by breaking down the information by type in the first and second cases; and for the case of the assets of the historical patrimony, distinguishing, at least, between constructions and the rest.

k) Value activated in the exercise of the assets constructed by the entity, where it is of a significant amount.

(l) Any other substantive circumstances affecting the assets of tangible fixed assets, such as guarantees, restrictions on ownership, litigation and similar situations.

6. Public heritage of the soil.

The information required in the previous note will be given.

7. Real estate investments.

The information required in note 5 relating to tangible fixed assets shall be given.

8. Intangible fixed assets.

1. Analysis of the movement during the exercise of this balance sheet item and its accumulated accumulated write-downs and cumulative value adjustments, indicating the following:

a) Initial save.

b) Entries.

c) Augments by transfers from other items.

d) Outputs.

e) Decreases by transfers to other items.

f) Net impairment of impairment (endowments minus allocations of endowments).

g) Exercise Amorizations.

h) End save.

2. Information about:

a) Useful comings or amortization coefficients used in different item types.

(b) Whenever it has a significant impact on the present or future financial years, it shall be reported on changes in estimates affecting residual values, useful lives and methods of depreciation.

c) Amount of capitalized financial expenses, if any, in the financial year.

(d) Aggregate amount of the research and development disbursements that have been recognised as expenses during the financial year, as well as the justification for compliance with the circumstances that support the capitalization of research and development.

e) Any other substantive circumstances affecting intangible fixed assets, such as guarantees, restrictions on ownership, litigation and similar situations.

9. Financial leases and other operations of a similar nature.

Tenants will supply the following information:

-For each asset class, the amount by which the asset was initially recognized, the sum of the quotas by distinguishing the item that corresponds to the recovery of the cost of the asset and the financial burden, the amount by the the option to purchase, if any, and the outstanding debt of payment could be exercised.

-A general description of the significant financial lease agreements.

-To the assets arising out of these contracts, the information to be included in memory corresponding to the nature of the contracts, as set out in the previous notes, relating to tangible fixed assets, shall apply to them. property investments, intangible fixed assets and public land assets.

10. Financial assets.

For financial assets, except those included in the headings A. VI, "Deudores and other long-term receivables ", B. I, "Deudores and other accounts receivable in the short term" and B. IV " Cash and other liquid assets "balance sheet" shall be reported on:

1. Information related to the balance sheet.

(a) A summary statement of the reconciliation between the balance sheet financial asset classification and the categories that are set out in the recognition and valuation standard n. 7, "Financial Assets", shall be submitted. according to the following structure:

CLASSES

	categories	LONG-TERM FINANCIAL ASSETS						TOTAL
		financial investments in heritage		TOTAL FINANCIAL INVESTMENTS		DEBT REPRESENTATIVE VALUES		OTHER FINANCIAL INVESTMENTS		EQUITY FINANCIAL INVESTMENTS		DEBT REPRESENTATIVE SECURITIES		OTHER FINANCIAL INVESTMENTS
20XX	20XX-1	20XX	20XX-1			20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1
FINANCIAL ASSETS AT FAIR VALUE WITH CHANGES IN RESULTS
FINANCIAL Assets

	categories	LONG-TERM FINANCIAL ASSETS						TOTAL
		financial investments in heritage		TOTAL FINANCIAL INVESTMENTS		DEBT REPRESENTATIVE VALUES		OTHER FINANCIAL INVESTMENTS		EQUITY FINANCIAL INVESTMENTS		DEBT REPRESENTATIVE SECURITIES		OTHER FINANCIAL INVESTMENTS
20XX	20XX-1	20XX	20XX-1			20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1
FINANCIAL ASSETS AT FAIR VALUE WITH CHANGES IN RESULTS
FINANCIAL Assets

b) Financial assets delivered as collateral.

The entity shall report the accounting value of the financial assets delivered as collateral as well as the class of financial assets to which they belong.

b) Value impairment corrections.

The entity shall report, for each financial asset class, the movement of the corrective accounts used to record the impairment, for which it will complete the following status:

CORRECTIVE ACCOUNTS MOVEMENT

in Heritage

in Heritage

	asset classes	INITIAL BALANCE	VALUE DECREASES BY EXERCISE CREDIT IMPAIRMENT	REVERSAL OF CREDIT IMPAIRMENT IN EXERCISE	FINAL BALANCE
Other Investments
Short Term Financial Assets
Debt Representative Values
Other Investments

in Heritage

in Heritage

	asset classes	INITIAL BALANCE	VALUE DECREASES BY EXERCISE CREDIT IMPAIRMENT	REVERSAL OF CREDIT IMPAIRMENT IN EXERCISE	FINAL BALANCE
Other Investments
Short Term Financial Assets
Debt Representative Values
Other Investments

2. Other information.

Any other substantive information affecting financial assets.

11. Financial liabilities.

For financial liabilities, except for those included in the headings B. III, "Acreedores and other accounts payable in the long term "and C. III, "Acreedores and other accounts payable in the short term", of the balance sheet, shall be reported:

1. Situation and movements of debts:

For each debt you will fill in the required information in state 1 (a) Debt to the amortized cost.

A summary status will also be presented with the structure in state 1 (b) Summary of debts.

1. SITUATION AND MOVEMENTS OF DEBTS

a) Debts at amortized cost.

DEBT IDENTIFICATION

explicit

(5)

T. I. E.	DEAD AL 1 JANUARY		CREATIONS		ACCRUED INTEREST		ACCRUED INTEREST (7)	DECREASES		DEBT TO DECEMBER 31
	AMORTIZED COST (1)	EXPLICIT (2)	CASH (3)	EXPENSES explicit		RESTO (6)		VALUE CONTABLE (8)	RESULT (9)	AMORTIZED COST (10) = (1) + (3)-(4) + (6)-(8)	EXPLICIT INTERESTS (11) = (2) + (5)-(7)
TOTAL

1. SITUATION AND MOVEMENTS OF DEBTS

b) Summary of debts.

CLASSES

debt identification	LONG-TERM				TOTAL
	TOTAL
DEBTS TO CREDIT INSTITUTIONS		Table_headlines"> OTHER DEBTS		DEBTS TO CREDIT INSTITUTIONS		OTHER DEBTS
20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1
TOTAL

debt identification	LONG-TERM				CORTO PLAZA				TOTAL
	DEBTS TO CREDIT ENTITIES		OTHER DEBTS		DEBTS TO CREDIT ENTITIES		DEBTS
		20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1	20XX	20XX-1
TOTAL

2. Credit lines. For each credit line, the amount available shall be reported, including the limit granted, the part disposed of, and the commission, as a percentage, on the undisposed part, according to the following format:

IDENTIFICATION	LIMIT GRANTED	WILLING	AVAILABLE	COMMISSION S/NO

IDENTIFICATION	LIMIT GRANTED	WILLING	AVAILABLE	COMMISSION S/NO
TOTAL

3. Endorsements and other guarantees granted.

(a) For each guarantee granted, the date of granting of the guarantee, the date of its maturity, its purpose, the maximum guaranteed amount, detailing its evolution during the financial year, and the net provisions shall be reported. (endowments with fewer reversions) that have been provided, according to the detail of the attached table.

(b) For each endorsement executed in the year, the payments made by reason of the execution shall be reported, indicating the budgetary applications (or non-budgetary concepts) to which they would have been charged, according to the details of the table that is attached.

(c) The amounts received by the institution during the financial year shall be reported as a result of endorsements carried out in the year or previous years, and of budgetary applications (or non-budgetary concepts) to which have been imputed according to the detail of the annexed table.

The same information as for the endorsements will be presented in relation to other guarantees that the accounting entity would have granted.

3. GUARANTEES AND OTHER GUARANTEES GRANTED

a) Avals granted.

endorsement identification	ENDORSED ENTITY		GRANT DATE	AVAL DUE DATE	AVAL PURPOSE	TO JANUARY 1	AVALES GRANTED IN EXERCISE	OUTSTANDING ISSUES IN THE EXERCISE			PENDING UNTIL DECEMBER 31	PROVISIONS
	NIF	DENOMINATION						BY RUNNING	FOR OTHER CAUSES	TOTAL		EXERCISE
TOTAL

b) Avals executed.

endorsement identification	ENDORSED ENTITY		GRANT DATE	AVAL DUE DATE	AVAL PURPOSE	CANCELLED IN EXERCISE BY EXECUTION	APPLICATION BUDGET	NON-BUDGET CONCEPT
	NIF

endorsement identification	ENDORSED ENTITY		GRANT DATE	AVAL DUE DATE	AVAL PURPOSE	CANCELLED IN EXERCISE BY EXECUTION	APPLICATION BUDGET	NON-BUDGET CONCEPT
	NIF

c) Reintegrated Avals.

RUNNING YEAR	REINTEGRATED AMOUNT IN EXERCISE	APPLICATION BUDGET	NON-BUDGET CONCEPT
TOTAL

RUNNING YEAR	REINTEGRATED AMOUNT IN EXERCISE	APPLICATION BUDGET	NON-BUDGET CONCEPT
TOTAL

4. Other information:

a) The amount of the debts with collateral.

b) Any other substantive information affecting financial liabilities.

12. Cash flow and equivalent liquid assets.

Each of the bank's bank accounts and accounts shall be reported, totaling for each of the accounts included under item B. IV of the Asset, "Cash and other equivalent liquid assets", and indicating its balance initial, charges, payments and final balance according to the following table:

account	BANK ACCOUNT CODE	DESCRIPTION	INITIAL BALANCE	COBROS	PAGOS	FINAL BALANCE

account	BANK ACCOUNT CODE	DESCRIPTION	INITIAL BALANCE	COBROS	PAGOS	FINAL BALANCE

13. Transfers, grants and other revenue and expenditure.

Reports on:

1. The amount and characteristics of the transfers and grants received, the amount of which is significant, as well as the compliance or non-compliance with the conditions imposed for the collection and enjoyment of the grants, the criterion of imputation to the results and the amounts imputed.

2. Amount and characteristics of the transfers and grants awarded, the amount of which is significant. In addition, the following information shall be provided:

(a) Regulations on the basis of which they have been made or granted

b) Amount of obligations recognised during the financial year.

c) Identifying data of the receiving entity.

The following information will be added with respect to grants awarded:

d) Purpose.

e) Reintegration that would have occurred during the exercise for non-compliance with conditions or requirements, with specification of its cause.

3. Any circumstances of a substantive nature affecting the entity's revenue or expenditure.

14. Provisions.

For each provision recognised in the balance sheet, except for collateral and other guarantees granted, it shall be reported:

a) Analysis of the movement of each item of the balance sheet during the financial year, indicating:

-Initial save.

-Augments.

-Decreases.

-End Balance.

(b) Nature of the obligation assumed, as well as the time schedule for the obligation to be made.

(c) Estimates and calculation procedures applied for the valuation of the corresponding amounts and the uncertainties that may appear in those estimates. Where appropriate, the adjustments to be made shall be justified.

(d) Amounts of any right of reimbursement, indicating the amounts that have been recognised in the balance sheet for those rights.

15. Operations by resource management on behalf of other public entities.

In relation to resource management operations that are likely to be recorded through sub-group 45 accounts, "Debtors and creditors by resource management on behalf of other public entities", The following information shall be obtained from the appropriate tables:

1. Obligations arising from management.

This information will be presented for each titular entity and for each of the concepts representative of the managed resources.

2. Public entities, current accounts in cash.

This information will be presented for each titular entity.

3. Development of management:

a) Summary.

b) Rights quashed.

c) Rights cancelled.

d) Revenue Returns.

This information will be presented for each of the concepts that are representative of the managed resources.

The completion of this information on the development of management will only be mandatory in the case provided for in the standard (e) of memory processing.

OPERATIONS BY RESOURCE MANAGEMENT ON BEHALF OF OTHER PUBLIC ENTITIES

1. Obligations arising from management.

title		CONCEPT		PENDING PAGO TO JANUARY 1	INITIAL BALANCE MODIFICATIONS	LIQUID COLLECTION	REINTEGROS	TOTAL TO PAGE	PAYMENTS MADE	PAYMENT PENDING AT DECEMBER
NIF	NAMING	CODE	DESCRIPTION
TOTAL TITULAR ENT
TOTAL TITULAR ENT
TOTAL

2. Public entities, current accounts in cash.

TITLE

CARGO			CREDIT			BALANCE AT DECEMBER
	NIF	DENOMINATION	SALDO INITIAL DEBTOR	PAGOS	TOTAL CARGO	CREDITOR INITIAL BALANCE	COBROS	TOTAL CREDIT	DEBTOR	CREDITOR
TOTAL

TITLE

CARGO			CREDIT			BALANCE AT DECEMBER
	NIF	DENOMINATION	INITIAL BALANCE DEBTOR	PAGOS	TOTAL CARGO	CREDITOR INITIAL BALANCE	COBROS	TOTAL CREDIT	DEBTOR	CREDITOR
TOTAL

3. Development of management.

a) Summary.

concept		JANUARY 1 PENDING COLLECTION RIGHTS	INITIAL BALANCE MODIFICATIONS	RECOGNIZED RIGHTS	RIGHTS NULLIFIED	CANCELED RIGHTS	NET COLLECTION	PENDING COLLECTION RIGHTS AT DECEMBER
CODE	DESCRIPTION

concept		JANUARY 1 PENDING COLLECTION RIGHTS	INITIAL BALANCE MODIFICATIONS	RECOGNIZED RIGHTS	RIGHTS NULLIFIED	CANCELLED RIGHTS	NET COLLECTION	RECEIVABLES AT DECEMBER
CODE	DESCRIPTION

b) Rights quashed.

concept		CANCELLATION OF LIQUIDATIONS	REVENUE RETURN	TOTAL RIGHTS NULLIFIED
CODE	DESCRIPTION

concept		CANCELLATION OF LIQUIDATIONS	REVENUE RETURN	TOTAL RIGHTS NULLIFIED
CODE	DESCRIPTION

c) Rights cancelled.

concept		COLLECTIONS IN KIND	REQUIREMENTS		OTHER CAUSES	TOTAL RIGHTS CANCELLED
CODE	DESCRIPTION
TOTAL

concept		COLLECTIONS IN KIND	REQUIREMENTS		OTHER CAUSES	TOTAL RIGHTS CANCELLED
CODE	DESCRIPTION

d) Revenue Returns.

concept		PAYMENT PENDING 1 JANUARY	INITIAL BALANCE MODIFICATIONS AND OVERRIDES	RECOGNIZED IN EXERCISE	TOTAL RECOGNIZED RETURNS	PRESCRIPTIONS	PAID IN EXERCISE	PAYMENT PENDING AT DECEMBER
CODE

concept		PAYMENT PENDING 1 JANUARY	INITIAL BALANCE MODIFICATIONS AND OVERRIDES	RECOGNIZED IN EXERCISE	TOTAL RECOGNIZED RETURNS	PRESCRIPTIONS	PAGES THE YEAR	PAYMENT PENDING AT DECEMBER
CODE	DESCRIPTION

16. Non-cash-in-cash operations.

Non-cash-in-cash operations shall be reported comprising those operations carried out during the financial year that have resulted in the birth or extinction of:

-Debtors and creditors who, in accordance with the rules in force for the institution, are not to be charged to the budget of the institution, neither at the time of their birth nor the date of their maturity.

-Representative fees and outstanding payments for final application, both for budget and non-budgetary operations.

This information will be composed of the following statuses:

1. State of non-budgetary debtors.

2. Status of non-budgetary creditors.

3. Status of items pending application:

a) Cobros pending application.

b) Payments pending application.

In these states will be presented for the different accounts and concepts of non-budgetary operations in which they are developed, the detail of those carried out in the exercise, showing their situation and movements, according to the corresponding attached tables.

NON-BUDGET CASH OPERATIONS

1. State of non-budgetary debtors.

account	CONCEPT		SALDO TO 1 JANUARY	INITIAL BALANCE MODIFICATIONS	CHARGES MADE IN THE EXERCISE	TOTAL DEBTORS	CREDITS MADE IN THE EXERCISE	RECEIVABLES TO 31 DECEMBER
	CODE	DESCRIPTION
TOTAL ACCOUNT
TOTAL ACCOUNT
TOTAL

2. Status of non-budgetary creditors.

account	CONCEPT		SALDO TO 1 JANUARY	INITIAL BALANCE MODIFICATIONS	CREDITS MADE IN THE EXERCISE	TOTAL CREDITORS	CHARGES MADE IN THE EXERCISE	RECEIVABLES TO 31 DECEMBER
	CODE	DESCRIPTION
TOTAL ACCOUNT
TOTAL ACCOUNT
TOTAL

account	CONCEPT		SALDO TO 1 JANUARY	INITIAL BALANCE MODIFICATIONS	CREDITS MADE IN THE EXERCISE	TOTAL CREDITORS	CHARGES MADE IN THE EXERCISE	RECEIVABLES TO 31 DECEMBER
	CODE	DESCRIPTION
TOTAL ACCOUNT
TOTAL ACCOUNT
TOTAL

3. Status of items pending application.

a) Cobros pending application.

ACCOUNT

CONCEPT		PENDING CHARGES APPLICATION TO 1 JANUARY	INITIAL BALANCE MODIFICATIONS	CHARGES MADE IN THE EXERCISE	TOTAL PENDING COLLECTIONS	CHARGES APPLIED IN THE EXERCISE	CHARGES PENDING APPLICATION AT 31 DECEMBER
CODE
TOTAL ACCOUNT
TOTAL CUENES
TOTAL

b) Payments pending application.

ACCOUNT

CONCEPT		PENDING PAYMENTS APPLICATION TO 1 JANUARY	INITIAL BALANCE MODIFICATIONS	PAYMENTS MADE IN THE EXERCISE	TOTAL PENDING PAYMENTS	PAGOS APPLIED IN EXERCISE	OUTSTANDING PAYMENTS APPLICATION AT 31 DECEMBER
CODE	DESCRIPTION
ACCOUNT
TOTAL CUENES
TOTAL

17. Values received in repository.

It will be reported, for each of the concepts through which the deposited values are recorded, within which the guarantees and guarantees of caution are included, with the detail presented in the table attached.

STATUS OF VALUES RECEIVED IN REPOSITORY

		concept		SALDO TO JANUARY 1	INITIAL BALANCE MODIFICATIONS	DEPOSITS RECEIVED IN EXERCISE	TOTAL RECEIVED DEPOSITS	CANCELLED REPOSITORIES	DEPOSITS PENDING RETURN TO DECEMBER
CODE	DESCRIPTION
TOTAL

18. Budgetary information.

The information to be provided will cover the following aspects:

18.1. Current exercise.

1) Spending budget.

a) Credit modifications.

Information about credit modifications according to the detail presented in the attached table.

CURRENT YEAR

Spending Budget

a) Credit modifications.

budget APPLICATION	DESCRIPTION	EXTRAORDINARY CREDITS	CREDIT SUPPLEMENTS	CREDIT EXTENSIONS	CREDIT TRANSFERS		ADDITIONS CREDIT REMNANTS	REVENUE GENERATED CREDITS	CASUALTIES DUE	EXTENSION ADJUSTMENTS	TOTAL
						POSITIVE						NEGATIVE
		TOTAL

b) Remainer of credit.

Information about the credit holdovers according to the detail presented in the attached table.

CURRENT YEAR

Spending Budget

b) Remainer of credit.

budget APPLICATION	DESCRIPTION	COMMITTED REMAINDERS			UNCOMMITTED REMNANTS
			EMBEDDABLE	NO EMBEDDABLES	TOTAL	EMBEDDABLE	TOTAL	TOTAL
TOTAL

c) Creditors for pending operations to be applied to the Budget.

Information for each expense made indicating:

-Description of the expense.

-Budgetary application to which you should have been charged.

-Amount of outstanding obligations to apply to January 1.

-Amount of outstanding obligations to be applied to budget arising in the year (Abonos), i.e., outstanding obligations to be applied on account 413 " Creditors for transactions to be applied to budget " in the financial year.

-Amount of outstanding obligations to be applied to the budget of the financial year, whether from the year itself or from previous financial years (Charges).

-Amount of outstanding obligations to apply at December 31.

-Amount of outstanding obligations to apply at December 31 that was paid to that date.

-Remarks. At least, it shall be indicated whether the implementation of the budget for the financial year has already been carried out at the time when the account is being drawn up and the case shall be explained if the amount to be applied to 1 January does not coincide with the application of the December 31 of the year immediately preceding.

CURRENT YEAR

Spending Budget

c) Creditors for pending operations to be applied on a budget.

expense description		BUDGET APPLICATION	AMOUNT TO BE APPLIED TO BUDGET				AMOUNT PAID AT DECEMBER 31
CODE	NAMING		CREDITS		SUBSCRIPTIONS	DECEMBER
	DECEMBER

2) Revenue budget.

a) The management process.

Information about cancelled, cancelled, and net collection rights according to the detail presented by the accompanying tables.

CURRENT YEAR

Revenue Budget

a.1) Rights nullified.

budget APPLICATION	DESCRIPTION	CANCELLATION OF LIQUIDATIONS	DEFERRAL AND FRACTIONATION	REVENUE RETURN	TOTAL NULLIFIED RIGHTS
TOTAL

a.2) Rights cancelled.

budget APPLICATION	DESCRIPTION	COLLECTIONS IN KIND	INSOLVENCIAS	OTHER CAUSES	TOTAL CANCELED RIGHTS

a.3) Net collection.

budget APPLICATION	DESCRIPTION	TOTAL COLLECTION	REVENUE RETURNS	NET COLLECTION

budget APPLICATION	DESCRIPTION	TOTAL COLLECTION	REVENUE RETURNS	NET COLLECTION

b) Revenue Returns.

Information about:

-Returns to be paid as of January 1.

-Changes to the initial balance and cancellations of returns agreed in previous years.

-Devolutions recognized during exercise.

-Total returns.

-Prescripciones.

-Payments made in the exercise.

-Returns to be paid at December 31.

b) Revenue Returns.

budget APPLICATION	DESCRIPTION	PAYMENT PENDING 1 JANUARY	INITIAL BALANCE MODIFICATIONS AND CANCELLATIONS	RECOGNIZED IN THE EXERCISE	TOTAL RECOGNIZED RETURNS	PRESCRIPTIONS	PAGES EXERCISE	PAYMENT PENDING AT DECEMBER
TOTAL

18.2. Closed exercises.

1) Spending budget. Obligations for closed budgets.

For each financial year, information on the obligations of closed budgets will be presented in the detail presented in the attached table.

CLOSED EXERCISES

Spending Budget

1. Obligations on closed budgets

budget APPLICATION	DESCRIPTION	OUTSTANDING OBLIGATIONS 1 JANUARY	INITIAL BALANCE AND CANCELLATIONS	TOTAL OBLIGATIONS	PRESCRIPTIONS	PAYMENTS MADE	OUTSTANDING OBLIGATIONS PAYMENT AT DECEMBER
TOTAL

2) Rights to charge from closed budgets.

For each financial year, information on the rights to be charged from closed budgets will be presented according to the detail of the accompanying tables.

CLOSED EXERCISES

Revenue Budget

2. Rights to charge from closed budgets.

a) Total receivables pending.

budget APPLICATION	DESCRIPTION	RIGHTS TO BE CHARGED AT 1 JANUARY	INITIAL BALANCE MODIFICATIONS	RIGHTS NULLIFIED	RIGHTS CANCELED	COLLECTION	RIGHTS TO BE CHARGED AT 31 OF DECEMBER
TOTAL

b) Rights quashed.

budget APPLICATION	DESCRIPTION	CANCELLATION OF LIQUIDATIONS	DEFERMENT AND FRACTIONATION	TOTAL NULLIFIED RIGHTS
TOTAL

c) Rights cancelled.

budget APPLICATION	DESCRIPTION	COLLECTIONS IN KIND	INSOLVENCIAS	PRESCRIPTIONS	OTHER CAUSES	TOTAL RIGHTS CANCELED

18.3. Subsequent exercises.

Expense Commitments from Post-Exercise Budgets.

Information on the expenditure commitments acquired during the financial year, as well as the previous ones, attributable to successive financial years, in the detail presented in the attached table.

SUBSEQUENT EXERCISES

Expense Commitments from Post-Exercise Budgets

budget APPLICATION	DESCRIPTION	EXPENSE COMMITMENTS ACQUIRED FROM EXERCISE BUDGET
		(YEAR)	(YEAR)	(YEAR)	(YEAR)	SUCCESSIVE YEARS

18.4. Execution of spending projects.

Individual information shall be submitted for the expenditure projects which were in operation on 1 January or which were initiated in the financial year, in the detail presented by the accompanying tables.

In the "Affected Funding" column it will be indicated if the project has resources affected by its funding.

RUNNING EXPENSE PROJECTS

1. Summary of execution.

project code	NAMING	YEAR START	DURATION	EXPECTED EXPENSE	COMMITTED EXPENSE	RECOGNIZED OBLIGATIONS			EXPENSE PENDING	FINANCING AFFECTED
						TO JANUARY 1	IN THE EXERCISE	TOTAL
TOTAL

2. Outstanding annuities.

project code	NAMING	GASTO PENDING PERFORM
		(YEAR)	(YEAR)	(YEAR)	SUCCESSIVE YEARS
TOTAL

18.5. Expenditure with financing affected.

It shall be reported for each financing expense affected by the per-agent deviations from the year and accumulated, in accordance with the detail presented in the attached table.

FINANCING AFFECTED

Funding Deviations by Financial Agent

expense code	DESCRIPTION	AGENT FINANCIAL		FUNDING COEFFICIENT	EXERCISE DEVIATIONS		DEVIATIONS ACCUMULATED
			NEGATIVE			NEGATIVE	POSITIVE	NEGATIVE	NEGATIVE	NEGATIVE

18.6. Remaining cash flow.

Information on the cash balance shall be included in the detail provided for in the attached table. Detailed information on balances of doubtful recovery shall also be included, comprising at least the method of estimation and the criteria established by the institution for the determination of its value, as well as the amounts obtained by application. of those criteria.

The cash balance is obtained as the sum of the liquid funds plus the receivables, deducting the outstanding liabilities and adding the outstanding items of application, in accordance with the following criteria:

1. The quantification shall be carried out taking into account the balance at the end of the accounts involved in the calculation.

2. Liquid funds at the end of the year are made up of balances available in cash and bank accounts, except for those which have been allocated to the budget, as well as for financial investments of a non- (a) the budget, which meets the sufficient degree of liquidity, in which temporary cash surpluses have materialised. For these purposes, account shall not be taken of the balances of the accounts 574 'restricted cash' and 575 ' banks and credit institutions. Payment restricted accounts ", or the part of the balance of account 577" Cash-equivalent liquid assets " having budgetary treatment.

3. The rights to be charged shall be distinguished by:

(a) The amount of the receivables from the current budget. This amount is obtained from the balance of account 430 " Debtors for recognised rights. Current revenue budget ".

b) The amount of the rights to be charged for closed budgets. This amount is obtained from the balance of account 431 " Debtors for recognised rights. Closed revenue budgets ".

(c) The amount of the receivables corresponding to debtors ' accounts which, in accordance with the current rules, are not budgetary and neither shall be at the time of their maturity. This amount is obtained by aggregation of the following:

-The part of the balance of the account 270 "Fixed and long-term deposits", corresponding to those bonds and deposits that have been treated in a non-budgetary way.

-The amount corresponding to third-party debts as a result of the VAT impact. This amount is due to the balance of the account 440 "Debtors for VAT passed on".

-The amount of the credits in favour of the institution as a result of the income made in the entities entrusted with the management of recovery. This amount is due to the balance of the account 442 "Debtors for collection service".

-The amount corresponding to the remaining non-budgetary debtors that will continue to be non-budgetary at maturity. This amount is due to the balance of account 449 'Other non-budgetary debtors'.

-In the event that resources are managed, liquidated and collected on behalf of other public entities, the amount of the credits in favor of the accounting subject that exist, usually as a result of the deliveries to account made. This amount is generally obtained from the debtor balances of account 456 "Public, c/c cash".

-The amount corresponding to the balances of the accounts of the sub-group 47 "General government" showing the debt situation of the accounts, that is, the balances of the accounts 470 " Public finances, debtor by various concepts "and 471" Social Welfare Agencies, debtors ".

When the accounting officer makes transactions subject to VAT and there are outstanding amounts to be liquidated, the balance of the account 472 "Public Finance, input VAT" shall also be considered.

-The debtor balances of the account 550 "Non-bank current accounts".

-The part of the balance of account 565 "Short-term securities and deposits" corresponding to those securities and deposits that have been treated in a non-budgetary manner.

4. Outstanding obligations for payment shall be distinguished by:

(a) The amount of the outstanding obligations of the current budget. This amount is obtained from the balance of the account 400 ' Creditors for recognised obligations. Current expense budget ".

(b) The amount of outstanding obligations for the payment of closed budgets. This amount is obtained from the balance of the account 401 " Creditors for recognised obligations. Closed expense budgets ".

(c) The amount of the outstanding obligations for creditors ' accounts which, in accordance with the current rules, are not budgetary and shall not be budgetary at the time of their maturity. This amount is obtained by aggregation of the following:

-The part of the balance of account 180 "Long-term deposits and deposits received", corresponding to those securities and deposits that have been treated in a non-budgetary way.

-The outstanding amount of payment to the creditors as a result of the input VAT that the deductible condition has. This amount is due to the balance of the account 410 "Creditors for VAT supported".

-The amount corresponding to the remaining non-budgetary creditors that will continue to be non-budgetary at maturity. This amount is due to the balance of account 419 'Other non-budgetary creditors'.

-In the event that they are managed, liquidated and collected resources on behalf of other public entities, the amount of debits in charge of the accounting officer that exist as a result of the resources collected. This amount is obtained from the balance of the account 453 "Public interest for income to be settled". In addition, the amount of the entity's debts shall be included as a result of the account deliveries made to the resource holders. This amount is paid by the account of the creditors of the account 456 'Public, c/c cash'.

If, at the end of the financial year, there are still outstanding charges for the use of resources from other public authorities, the amount of debits from the accounting officer shall be increased by the amount of the These are calculated as the part that corresponds to the balance of the 554 account "Cobros pending application".

-The amount corresponding to the balances of the accounts of the subgroup 47 "Public Administrations" that show the lending situation of the accounts, that is, the balances of the accounts 475 " Public Finance, creditor by various concepts "and 476" Social Security Organizations, creditors ".

When the accounting officer makes transactions subject to VAT and there are outstanding amounts to be liquidated, the balance of the account 477 " Public Finance will also be included. VAT passed on. '

-The amount of the debts incurred by the institution to cover temporary cash flows. This amount is due to the balance of the account 521 "Debt to Treasury Operations".

-The creditor balances of the account 550 "Non-bank current accounts".

-The portion of the balance of the account 560 "Short-term deposits and deposits", corresponding to those securities and deposits that have been treated in a non-budgetary way.

5. The following items of application shall be distinguished:

(a) The amounts charged pending final application as set out in the accounts 554 "Cobros pending application" and 559 "Other items pending application". The exception of those charges pending final application relating to the resources of other public entities, which shall be included as outstanding obligations.

(b) The amounts paid pending final application in addition to those included in the account 555 "Pending payments of application", those included in the balance of account 558 " Provisions of funds for payments to be justified and fixed cash advances ' corresponding to payments derived from fixed cash advances to be replenished.

6. The cash balance available for the financing of general expenses is determined by minorating the cash balance in the amount of the rights outstanding which, in the end of the financial year, are considered to be difficult or impossible to collect and in the affected excess funding produced.

7. The amount of the rights to be recovered from recovery of difficult or impossible recovery (balances of doubtful recovery) is given by the balance of the accounts or sub-accounts that are related, corresponding to receivables that have been considered for the calculation of the total cash balance:

a) 298 "Value impairment of other long-term financial investments."

b) 4900 "Impairment of value of budget debtors".

c) 4901 "Impairment of non-budgetary debtors".

d) 598 "Value impairment of other short-term financial investments".

In order to determine the amount of the balances of doubtful recovery, account must be taken of the age of the debts, the amount of the debts, the nature of the resources in question, the rates of recovery in the period on a voluntary basis and the other valuation criteria that are weighted in a weighted manner by the local entity.

8. The excess financing concerned is constituted by the sum of the positive funding deviations accumulated at the end of the financial year. These deviations are calculated in the form set in Rule 30.5 of the Local Accounting Simplified Model Instruction.

The affected excess funding will only be able to take zero or positive value.

TREASURY REMNANT STATUS

ACCOUNTS

-(+) current Budget

-

554, 559

-(-) definitive application pending charges

298,4900,4901,598

COMPONENT	20XX		20XX-1
57,556	1. (+) Liquid funds		-		-
	2. (+) Pending collection rights		-				430
-		-
431	-(+) Closed Budgets	-		-
270,440,442,449,456, 470,471,472,, 550,565	- (+) non-budget operations	-		-
	3. (-) Outstanding obligations		-			400
-		-		-
401	-(+) Closed Budgets	-		-
180, 410, 419, 453, 456, 475, 476, 477, 521, 550, 560		-	-	-		-
	4. (+) Application pending partitions		-		-
		-
	555, 558	-(+) payments made to final application pending.			-
	I. Total cash remnant (1 + 2-3 + 4)	-	-		-
II. Doubtful collection balances		-		-
III. Excess funding affected		-		-
	IV. Treasury remnant for overhead (I-II-III)			-	-

ACCOUNTS

-(+) current Budget

-

554, 559

-(-) definitive application pending charges

298,4900,4901,598

COMPONENT	20XX		20XX-1
57,556	1. (+) Liquid funds		-		-
	2. (+) Pending collection rights		-				430
-		-
431	-(+) Closed Budgets	-		-
270,440,442,449,456, 470,471,472,, 550,565	- (+) non-budget operations	-		-
	3. (-) Outstanding obligations		-			400
-		-		-
401	-(+) Closed Budgets	-		-
180, 410, 419, 453, 456, 475, 476, 477, 521, 550, 560		-	-	-		-
	4. (+) Application pending partitions		-		-
		-
	555, 558	-(+) payments made to final application pending.			-
	I. Total cash remnant (1 + 2-3 + 4)	-	-		-
II. Doubtful collection balances		-		-
III. Excess funding affected		-		-
	IV. Treasury remnant for overhead (I-II-III)			-	-

19. Financial, economic and budgetary indicators.

1. Financial and heritage indicators.

a) Immediate liquidity: Reflects the percentage of budget and non-budgetary debts that can be met with the liquidity immediately available.

Liquid Funds

Passive

Liquid funds: Cash and other equivalent liquid assets.

b) Short-term liquidity: Reflects the entity's ability to meet its outstanding obligations in the short term.

Funds + Rights

Passive

c) General Liquidity. It reflects to what extent all the assets that make up the current asset cover the current liability.

Asset

Passive

d) Indebtedness per inhabitant: In territorial entities and their autonomous bodies, this index distributes the total debt of the entity among the number of inhabitants.

Passive + Non-Stream Passive

Number of inhabitants

e) Indebtedness: Represents the ratio of the entire liabilities payable (current and non-current) to the net worth plus the total liabilities of the entity.

Passive + Non-Stream Passive

Passive + Non-Stream Passive + Heritage net

f) Debt ratio: Represents the relationship between current and non-current liabilities.

Current Passive

-stream Passive

g) Average period of payment to commercial creditors: Reflects the number of days it takes for the institution to pay its commercial creditors, in general, for the execution of Chapters 2 and 6 of the budget.

This indicator shall be obtained by applying the rules established to calculate the "average payment period" for the purpose of providing information on compliance with the payment deadlines of local entities. A single indicator shall be calculated for all the financial year and all the debts included in the calculation.

(h) Average collection period: Reflects the number of days on average it takes for the entity to collect its revenue, that is, to collect its recognised rights resulting from the execution of Chapters 1 to 3 and 5, excluding this last chapter the revenue from financial operations¹.

Each accounting entity shall calculate the average collection period for the resources of which it is a holder, except where the entity is a resource holder managed by another public entity and does not have information on the all the operations carried out by the managing body. In this case, the indicator to be drawn up by the titular entity shall relate exclusively to resources not managed by another public entity, and the managing body, in addition to the indicator referred to the resources of its ownership, shall draw up the indicator referred to the resources it manages on behalf of other public entities.

¹ Consequently, for the elaboration of the "average collection period", Chapter 5 shall only be considered as the revenue of Articles 54 and 55 and of the concept 599 (as codified in the economic classification of the revenue from the budget set out in Annex IV to Order EHA/3565/2008 of 3 December 2008 approving the structure of the budgets of the local authorities.

i) Ratios of the account of the wealth economic result.

For the drawing up of the following ratios, the equivalences shall be taken into account with the corresponding headings of the entity's account of the economic income of the entity:

ING. TRIB.: Tax and urban revenue.

TRANSFR: Transfers and grants received.

PS.: Service provision.

G. PERS.: Personnel expenses.

TRANSFC: Transfers and grants granted.

1) Structure of revenue.

Ordinary Management Revenue (IGOR)

. TRIB/IGOR	TRANSFR/IGOR	PS/IGOR	Rest IGOR/IGOR

2) Structure of expenses.

Ordinary Management Expenses (GGOR)

G. PERS. /GGOR	TRANSFC/GGOR	Rest GGOR/GGOR

3) Coverage of current expenses: It shows the relationship between the expenses of ordinary management and the income of the same nature.

Ordinary Management Expenses

Management

2. Budgetary indicators.

a) From the current expense budget:

1) Implementation of the expenditure budget: Reflects the proportion of the appropriations approved in the financial year that have resulted in the recognition of budgetary obligations.

recognized

credits

2) Realization of payments: Reflects the proportion of obligations recognised in the financial year whose payment has already been made at the end of the year with respect to the total recognised obligations.

Payments made

recognized

3) Expenditure per inhabitant: For territorial entities and their autonomous bodies, this index distributes all the budgetary expenditure incurred in the exercise among the inhabitants of the entity.

recognized

Number of inhabitants

4) Investment per inhabitant: For territorial entities and their autonomous bodies, this index distributes the entire budget expenditure for capital operations carried out in the financial year between the number of inhabitants of the entity.

recognized obligations (Chapters 6 and 7)

Number of inhabitants

5) Investor effort: Shows the proportion of the capital operations carried out in the financial year in relation to all the budgetary expenditure incurred therein.

recognized obligations (Chapters 6 and 7)

Total net recognized obligations

b) From the current revenue budget:

1) Implementation of the revenue budget: Reflects the proportion of the projected budgetary revenue to net budgetary revenue, i.e. the net recognised rights.

Recognized

Definitive

2) Realization of charges: Reflects the proportion of the charges made in the exercise of the net recognized rights.

Recognized

3) Autonomy: Shows the proportion of budgetary revenue incurred in the financial year (except for grants and financial liabilities) in respect of all budgetary revenue performed on the same.

Net recognized rights

(Chapters 1 to 3, 5, 6, and 8 + received transfers)

Total Net Recognized

4) Tax Autonomy: Reflects the proportion of the tax revenue of a tax nature incurred in the financial year in relation to all the budgetary revenue incurred in the financial year.

Net recognized rights

(tax naturalezA revenue)

Total Net Recognized

5) Surplus (or deficit) per inhabitant in territorial entities and their autonomous bodies:

budget

Number of inhabitants

c) From Closed Budgets:

1) Realization of payments: Pone shows the proportion of payments that have been made in the exercise of the outstanding obligations for payment of already closed budgets.

Payments

obligations (+/-modifications and cancellations)

2) Realization of charges: Pone shows the proportion of charges that have been made in the exercise relating to rights pending collection of budgets already closed.

Cobros

obligations (+/-modifications and cancellations)

20. Post-closure events.

The entity will report:

(a) Any subsequent events which show circumstances which already existed at the date of the end of the financial year and which, by application of the registration and valuation rules, have led to the inclusion of an adjustment in the figures contained in the documents that make up the annual accounts.

(b) Subsequent facts which show circumstances that already existed at the end of the financial year which did not, in accordance with their nature, include an adjustment in the figures contained in the annual accounts, although the information contained in the memory should be modified in accordance with that subsequent event.

(c) Any subsequent events showing conditions which did not exist at the close of the financial year and which are of such importance that, if no information is provided on this, it could affect the assessment capacity of the the annual accounts.

FOURTH PART

Chart of Accounts

GROUP 1

Basic Financing

10. Heritage.

100. Heritage.

101. Heritage received.

12. Results.

120. Results from previous exercises.

129. Result of the exercise.

13. Grants and adjustments for change of value.

130. Grants for the financing of non-financial fixed assets.

131. Grants for the financing of current assets and expenses.

132. Grants for the financing of financial operations.

14. Long-term provisions.

142. Long-term provision for responsibilities.

143. Long-term provision for decommissioning, withdrawal or rehabilitation of non-financial fixed assets.

148. Long-term provision for transfers and grants.

149. Other long-term provisions.

17. Long-term debts for loans received and other concepts.

170. Long-term debt with credit institutions.

172. Long-term debts that can be transformed into grants.

177. Long-term interest in debt with credit institutions.

178. Long-term interests of other debts.

179. Other long-term debts.

18. Bonds and deposits received in the long term.

180. Bonds and deposits received in the long term.

GROUP 2

Non-current active

20. Intangible fixed assets.

200. Intangible fixed assets.

21. Tangible assets.

210. Land and natural assets.

211. Constructs.

212. Infrastructure.

213. Assets of historical heritage.

214. Machinery and tools.

215. Technical installations and other installations.

216. Furniture.

217. Teams for information processes.

218. Transport elements.

219. Other tangible fixed assets.

22. Real estate investments.

220. Investments in land.

221. Investments in constructions.

23. Tangible assets and property investments in progress.

230. Ongoing tangible assets and advances.

231. Ongoing real estate investments and advances.

24. Public heritage of the soil.

240. Land of the public heritage of the soil.

241. Buildings of the public heritage of the soil.

243. Public equity of the land in progress and advances.

249. Other public property and property rights of the soil.

26. Long-term financial investments.

260. Long-term financial investments in equity instruments.

261. Long-term representative debt securities.

262. Long-term credits.

265. Long-term debtors for deferment and fractionation.

266. Long-term interest in debt securities.

267. Long-term interest on loans.

268. Long-term impositions.

269. Outstanding disbursements on equity holdings in the long-term net worth.

27. Bonds and deposits made up in the long term.

270. Bonds and deposits made up in the long term.

28. Accumulated depreciation of fixed assets.

280. Accumulated amortization of intangible fixed assets.

281. Accumulated depreciation of tangible fixed assets.

2810. Accumulated amortization of land and natural assets.

2811. Cumulative amortization of builds.

2812. Accumulated depreciation of infrastructure.

2813. Accumulated depreciation of assets from historical assets.

2814. Accumulated depreciation of machinery and tools.

2815. Accumulated amortization of technical facilities and other facilities.

2816. Accumulated amortization of furniture.

2817. Accumulated amortization of equipment for information processes.

2818. Cumulative amortization of transport items.

2819. Accumulated amortization of other tangible assets.

282. Accumulated amortization of real estate investments.

284. Accumulated depreciation of the public property of the soil.

2840. Accumulated amortization of land from the public property of the soil.

2841. Accumulated amortization of public property constructions of the soil.

2849. Accumulated amortization of other public property and property rights of the soil.

29. Impairment of non-current asset value.

290. Impairment of intangible fixed assets.

291. Impairment of the value of tangible fixed assets.

2910. Deterioration in the value of land and natural assets.

2911. Building value deterioration.

2912. Impairment of infrastructure value.

2913. Deterioration of the value of historical assets.

2914. Deterioration in the value of machinery and tools.

2915. Deterioration of the value of technical installations and other installations.

2916. Impairment of furniture value.

2917. Equipment value deterioration for information processes.

2918. Transport element value deterioration.

2919. Impairment of value of other tangible assets.

292. Deterioration in the value of real estate investments.

293. Deterioration of the value of the public property of the soil.

2930. Deterioration in the value of land on the public property of the soil.

2931. Deterioration in the value of buildings of the public heritage of the soil.

2939. Deterioration of the value of other public property and property rights of the soil.

294. Impairment of long-term equity value.

295. Impairment of the value of representative long-term debt securities.

296. Impairment of long-term credit value.

297. Impairment of credit for long-term deferment and fractionation.

298. Impairment of other long-term financial investments.

299. Impairment of value per ceded usufruct of tangible fixed assets.

2990. Deterioration of value by ceded use of land and natural assets.

2991. Deterioration of value by usufruct ceded from constructions.

2992. Impairment of value for ceded infrastructure usufruct.

2993. Impairment of value for usufruct transferred from assets of the historical patrimony.

2999. Impairment of value per ceded usufruct of other tangible fixed assets.

GROUP 4

Creditors and debtors

40. Budgetary creditors.

400. Creditors for recognised obligations. Current expense budget.

401. Creditors for recognised obligations. Closed expense budgets.

41. Non-budgetary creditors.

410. Creditors for supported I.V.A..

411. Creditors for accrued expenses.

413. Creditors for pending operations to be applied on budget.

418. Creditors for return of income and other mini-sentences.

419. Other non-budgetary creditors.

43. Budgetary debtors.

430. Debtors for recognised rights. Current revenue budget.

431. Debtors for recognised rights. Closed revenue budgets.

433. Current budget nullified rights.

434. Rights nullified from closed budgets.

437. Return of revenue.

438. Current budget cancelled rights.

439. Rights cancelled from closed budgets.

44. Non-budgetary debtors.

440. Debtors by I.V.A. passed on.

441. Debtors for accrued income.

442. Debtors for collection service.

443. Short-term debtors for deferment and fractionation.

449. Other non-budgetary debtors.

45. Debtors and creditors for the management of resources on behalf of other public entities.

450. Debtors for recognized rights of resources of other public entities.

451. Rights annulled by resources of other public entities.

452. Public entities, for receivables.

453. Public entities, for income to be liquidated.

454. Return of income from resources of other public entities.

455. Public entities, by return of income pending payment.

456. Public entities, c/c cash.

457. Creditors for the return of income from other public entities ' resources.

458. Rights cancelled by resources of other public entities.

47. Public Administrations.

470. Public Finance, debtor for various concepts.

471. Social Welfare Agencies, debtors.

472. Public Finance, I.V.A. supported.

475. Public Finance, creditor for various concepts.

476. Social Welfare Agencies, creditors.

477. Public Finance, I.V.A. passed on.

48. Adjustments to be made.

480. Anticipated expenses.

485. Anticipated revenue.

49. Impairment of credit value.

490. Impairment of credit value.

4900. Deterioration in the value of budget debtors.

4901. Deterioration in the value of non-budgetary debtors.

GROUP 5

Financial Accounts

52. Short term debts for loans received and other concepts.

520. Short-term debt with credit institutions.

521. Debts for Treasury Operations.

522. Short term debts that can be transformed into grants.

527. Short-term interest on debt with credit institutions.

528. Short-term interest on other debts.

529. Other short-term debts.

54. Short-term financial investments.

540. Short-term financial investments in equity instruments.

541. Short-term representative debt securities.

542. Short-term credits.

545. Dividend receivable.

546. Short-term interest on debt securities.

547. Short term interest on loans.

548. Short-term impositions.

549. Outstanding disbursements on shares in the net worth in the short term.

55. Other financial accounts.

550. Non-bank checking accounts.

554. Charges pending application.

555. Payments pending application.

556. Internal cash movements.

557. Formalization.

558. Provisions of funds for payments to be justified and fixed cash advances.

559. Other items pending application.

56. Bonds and deposits received and constituted in the short term and adjustments for the period of time.

560. Bonds and deposits received in the short term.

565. Bonds and deposits made up in the short term.

567. Financial expenses paid in advance.

568. Financial revenues charged in advance.

57. Cash and equivalent liquid assets.

570. Operating box.

571. Banks and credit institutions. Operational accounts.

573. Banks and credit institutions. Collection restricted accounts.

574. Restricted box.

575. Banks and credit institutions. Payment restricted accounts.

577. Liquid assets equivalent to cash.

58. Short-term provisions.

582. Short term provision for responsibilities.

583. Short-term provision for decommissioning, withdrawal or rehabilitation of non-financial fixed assets.

585. Short term provision for return of income.

588 Short-term Provision for transfers and grants.

589. Other short-term provisions.

59. Impairment of short term financial investment value.

594. Impairment of short term equity value.

595. Impairment of value of debt securities in the short term.

596. Impairment of short-term credit value.

598. Impairment of other short-term financial investments.

GROUP 6

Purchases and expenses by nature

62. External services.

621. Leases and royalties.

622. Repairs and preservation.

629. Supplies, communications and other services.

63. Tributes.

630. Tributes.

64. Staff and social benefits expenses.

640. Staff and social benefits expenses.

65. Transfers and grants.

650. Transfers and grants.

66. Financial expenses.

662. Interest on debts.

664. Losses in financial instruments at fair value.

665. Losses in financial instruments at amortised cost or cost.

667. Bad credit losses.

669. Other financial expenses.

67. Losses from non-current assets, other expenses of ordinary management and exceptional expenses.

670. Losses from non-financial fixed assets.

676. Other loss of ordinary management.

678. Exceptional expenses.

68. Endowments for redemptions.

680. Amortization of intangible fixed assets.

681. Depreciation of tangible fixed assets.

682. Depreciation of real estate investments.

684. Amortization of the public property of the soil.

69. Impairment losses.

690. Impairment losses on intangible fixed assets.

691. Impairment losses on tangible fixed assets.

692. Impairment losses on real estate investments.

693. Losses from deterioration of the public property of the soil.

696. Impairment losses on shareholdings.

697. Impairment losses of debt securities.

698. Impairment losses on loans and other financial investments.

GROUP 7

Sales and revenue by nature

72. Direct taxes.

724. Real estate tax.

725. Tax on mechanical traction vehicles.

726. Tax on the increase in the value of land of an urban nature.

727. Tax on economic activities.

728. Other taxes.

73. Indirect taxes.

733. Tax on buildings, installations and works.

735. Municipal tax on sumptuous expenses.

739. Other taxes.

74. Rates, public prices, special contributions and urban income.

740. Fees for the provision of services or performance of activities.

741. Public prices for the provision of services or performance of activities.

742. Fees for private use or special use of the public domain.

744. Special contributions.

745. Revenue from urban actions.

746. Urban development.

75. Transfers and grants.

750. Transfers.

751. Grants for non-financial expenses for the financial year.

752. Grants for the cancellation of generic debts.

753. Grants for the financing of non-financial assets imputed to the outcome of the financial year.

7530. Grants for the financing of non-financial assets imputed to the result of the exercise by amortisation.

7531. Grants for the financing of non-financial assets imputed to the result of the exercise by disposal or discharge.

754. Grants for current assets and expenses charged to the financial year.

755. Grants for financial expenses for the financial year.

756. Grants for the financing of financial transactions charged to the financial year.

76. Financial income.

760. Income from equity holdings in equity.

761. Income from securities representing debt, credit and other financial investments.

764. Profit in financial instruments at fair value.

765. Profit in financial instruments at amortised cost or cost.

769. Other financial income.

77. Profits from non-current assets, other income from ordinary management and exceptional income.

770. Benefits from non-financial fixed assets.

775. Reintegrate.

777. Other income.

778. Exceptional revenue.

78. Jobs performed for the entity.

780. Work done for intangible fixed assets.

781. Work carried out for the fixed assets.

782. Work done for real estate investments.

783. Work carried out for the fixed assets and real estate investments.

784. Work carried out for the public heritage of the soil.

785. Financial expenditure charged to intangible fixed assets.

786. Financial expenditure charged to fixed assets.

787. Financial expenses charged to real estate investments.

788. Financial expenses charged to the fixed assets and investments in progress.

789. Financial expenses charged to the public property of the soil.

79. Excess and application of provisions and impairment losses.

790. Reversal of impairment of intangible fixed assets.

791. Reversal of impairment of material immobilized.

792. Reversal of the deterioration of real estate investments.

793. Reversal of the deterioration of the public heritage of the soil.

795. Excess provisions.

796. Reversal of impairment of shareholdings.

797. Reversal of impairment of debt securities.

798. Reversal of credit impairment and other financial investments.

799. Reversal of impairment by the divested usufruct of the tangible fixed assets.

GROUP 0

Budget Control Accounts

00. Budgetary control. Current exercise.

000. Current exercise budget.

001. Expenditure budget: initial appropriations.

002. Expense budget: credit modifications.

003. Expenditure budget: final appropriations.

006. Revenue Budget: Initial forecasts.

007. Revenue Quote: Forecast Modification.

008. Revenue budget: final forecasts.

PART QUINTA

Accounting definitions and relationships

GROUP 1. BASIC FUNDING

Comprises the net worth and long-term foreign financing of the entity, subject to accounting, intended, in general, to finance the non-current asset and to cover a reasonable margin of the current.

10. HERITAGE.

100. Heritage.

101. Heritage received.

100. Heritage.

Representative account of the difference between the asset and the liability of the entity, subject to the accounting, after deduction of the results and the grants received from imputation on their case results.

This account will be used exclusively by municipalities, provinces, islands, and other local entities at a higher or lower level than the municipality that do not own.

Your balance, normally a creditor, shall be included in the net worth of the balance sheet, under heading I, "Patrimony".

101. Heritage received.

A representative account of the value of the assets and rights contributed by the entity or entities that own the accounting entity, either as a direct initial capital contribution or as a consequence of subsequent extensions of the same by taking on new powers. It also includes in this account the subscriptions of goods to the accounting officer for their exploitation or use, from the owning entity or entities.

This account will be used exclusively by the autonomous agencies and by local entities of higher or lower level than the municipality that do not have to use the 100 "Heritage" account.

Your balance, normally a creditor, shall be included in the net worth of the balance sheet, under heading I, "Patrimony".

Your move is as follows:

a) It will be paid:

a.1) By the equity contribution received from the owning entity or entities, with the corresponding account, generally active.

a.2) By the fair value of the goods received in connection, when it occurs, by the representative accounts of the assets received.

(b) It shall be charged, the return of the contribution to the owning entity or entities, with credit to the appropriate account.

12. RESULTS.

120. Results from previous exercises.

129. Result of the exercise.

The accounts of this subgroup shall be included in the net worth of the balance sheet, under item II, "generated property", with a positive or negative sign as appropriate.

120. Results from previous exercises.

Economic results of economic results generated in previous years.

Your move is as follows:

a) It will be paid:

a.1) Charge to account 129, "Exercise Result", for positive results.

a.2) Under account 430, " Debtors for recognized rights. Current income budget ", for the reintegrating of payments from closed budgets derived from economic expenses that are of significant amount and have their origin in errors in the recognition of the expenses.

a.3) Under account 431, " Debtors for recognized rights. 'closed revenue budgets', as a result of the upward change in the initial balance of budgetary rights recognised in previous financial years resulting from economic income of a significant amount and having its origin in errors in the recognition of revenue. This seat will be a negative sign if the modification is downward.

b) Charged:

b.1) Credit to account 129, "Exercise Result", for negative results.

b.2) With credit to account 418, "Creditors for return of income and other minorations", for return arrangements of budget revenue from previous financial years which are the result of errors in settlement practiced with origin in economic income of significant amount.

b.3) With credit to account 434, "Rights cancelled from closed budgets", for cancellations of rights of closed budgets, with origin in economic income, for cancellation of the settlements for which they were recognised, the amount of which is significant.

b.4) Credit to account 401, " Creditors for recognised obligations. Budgets for closed expenditure ", for the change to the increase in budgetary obligations recognised in previous financial years resulting from economic expenditure of a significant amount and which has its origin in errors in the recognition of expenditure. This seat will be a negative sign if the modification is downward.

(c) The counterparty shall be charged or paid with the payment or payment corresponding to the entity's net worth adjustments resulting from changes in accounting criteria or errors in previous financial years, not provided for in the previous moves, when they are of significant amount.

129. Result of the exercise.

Collect the positive or negative result of the last closed exercise, pending transfer to account 120, "Previous exercise results".

Your move is as follows:

a) It will be paid out of:

a.1) Group 6 accounts, "Purchases and expenses by nature", and 7, "Sales and revenue by nature", which are presented at the end of the financial year, to determine the outcome of the financial year.

a.2) The account 120, "Results from previous exercises", by the transfer of the negative result.

b) It will be loaded with credit to:

b.1) Group 6 accounts, "Purchases and expenses by nature", and 7, "Sales and revenue by nature", which are presented at the end of the financial year, to determine the outcome of the financial year.

b.2) Account 120, "Previous Exercise Results", for the positive result transfer.

13. GRANTS AND ADJUSTMENTS FOR VALUE CHANGE.

130. Grants for the financing of non-financial fixed assets.

131. Grants for the financing of current assets and expenses.

132. Grants for the financing of financial operations.

Grants received, classified as non-reintegrable, directly recorded in the net worth, until, in accordance with the provisions of the recognition and valuation rule, there is, where applicable, their transfer or imputation to the account of the economic result.

The accounts of this subgroup shall be shown in the net worth of the balance sheet under heading III. "Grants received pending imputation to results".

130. Grants for the financing of non-financial fixed assets.

The received, for the establishment or fixed structure of the institution (non-current assets) where they are not reintegrable, in accordance with the criteria set out in the recognition and valuation standard n. 13, " Transfers and grants ".

Your move is as follows:

(a) They shall be paid for the subsidy received from, generally, account 430, " Debtors for recognised rights. 'Current income budget', or the relevant account, if the grant is in kind, or if a reintegrable grant becomes non-reintegrable, to account 172, 'long-term liabilities that are converted into grants', or Account 522, "Short-term loans that can be transformed into grants".

b) They will be loaded, with credit to:

b.1) Account 753, "Grants for the financing of non-financial assets imputed to the result of the financial year", through its divisional offices, at the time of the imputation to the account of the economic result assets of the grant received.

b.2) Account 172, "Transportable long-term debts", or to account 522, "Short-term loans that can be transformed into grants", when a non-reintegrable grant becomes reintegrable.

131/132. Grants for funding of ......................

Those received for the financing of current assets and non-financial expenses, of financial transactions, assets and liabilities and financial expenses, the accrual of which occurs in subsequent years of the receipt of the grant, where they are not reintegrable, in accordance with the criteria laid down in the recognition and valuation standard n. 13, "Transfers and grants".

Your move is as follows:

(a) They shall be paid for the subsidy received from, generally, account 430, " Debtors for recognised rights. 'Current income budget', or the relevant account, if the grant is in kind, or if a reintegrable grant becomes non-reintegrable, to account 172, 'long-term liabilities that are converted into grants', or Account 522, "Short-term loans that can be transformed into grants".

b) They will be loaded, with credit to:

b.1) The correlative account of subgroup 75, "Transfers and grants", at the time of the imputation to the account of the economic result of the grant received.

b.2) Account 172, "Transportable long-term debts", or to account 522, "Short-term loans that can be transformed into grants", when a non-reintegrable grant becomes reintegrable.

14. LONG-TERM PROVISIONS.

142. Long-term provision for responsibilities.

143. Long-term provision for decommissioning, withdrawal or rehabilitation of non-financial fixed assets.

148. Long-term provision for transfers and grants.

149. Other long-term provisions.

Non-current liabilities arising out of express or tacit obligations, specified as to their nature, but which, at the end of the financial year, are uncertain about their amount or maturity.

The accounts of this subgroup shall be included in the non-current liability of the balance sheet, under heading I, "Long-term Provisions".

The part of the provisions whose cancellation is provided for in the short term must be included in the current liabilities of the balance sheet under heading I "Short-term provisions"; for these purposes the amount representing the provisions with short-term maturity to the relevant accounts of subgroup 58, "Short-term visions".

142. Long-term provision for responsibilities.

Liabilities arising from obligations of an indeterminate amount to deal with liabilities arising from ongoing litigation, indemnities or obligations arising from guarantees and other similar guarantees in charge of the entity.

Your move is as follows:

(a) It shall be paid, at the birth of the obligation determining the compensation or payment, or for subsequent changes in its amount which result in an increase in the provision, from the accounts of Group 6, " nature ", which correspond.

b) Charged:

b.1) With credit to the account 400, " Creditors for recognised obligations. 'Current expenditure budget' means the final settlement of the dispute, or where the final amount of the compensation or payment is known.

b.2) By excess of the provision, with credit to account 795, "Provisions of provisions".

143. Long-term provision for decommissioning, withdrawal or rehabilitation of non-financial fixed assets.

Estimated amount of decommissioning or withdrawal costs of non-financial fixed assets, as well as the rehabilitation of the place where it is based.

Your move is as follows:

(a) It shall be paid, at the birth of the obligation, or for subsequent changes in its amount that result in an increase in the provision, generally taken into account in group 2, "Non-current assets".

b) Charged:

b.1) With credit to the account 400, " Creditors for recognised obligations. Current expense budget ", when decommissioning, retirement or rehabilitation is performed.

b.2) At least, at the end of the financial year, by the decreases in the amount of the provision arising from a new estimate, with credit, generally, to group 2 accounts, "non-current assets" or, if applicable, account 795, "Excess of provisions".

148. Long-term provision for transfers and grants.

Estimated amount of transfers and grants awarded, of which at the end of the financial year are pending any conditions or procedures necessary for their perception, but there are no reasonable doubts about their future compliance.

Your move is as follows:

(a) It shall be paid, for the amount of the transfer or grant awarded, under account 650, "Transfers and grants".

b) Charged:

b.1) With credit, generally, to the account 400, " Creditors for recognised obligations. Current expenditure budget ", at the time of the imputation to the budget.

b.2) Due to excess provision, with credit to account 795, "Excess of provisions".

149. Other long-term provisions.

Other legal, contractual or implied payment obligations of the entity, with an uncertain amount or maturity, not collected in the other accounts of this subgroup.

These provisions are included in this account to prevent or repair damage to the environment, except those that have their origin in the dismantling, removal or rehabilitation of the immobilized, which will be counted according to the Established in the account 143, "Long-term provision for decommissioning, withdrawal or rehabilitation of non-financial fixed assets".

Your move is analogous to the one pointed out for account 142, "Long-term Provision for Responsibilities."

17. LONG-TERM DEBTS FOR LOANS RECEIVED AND OTHER CONCEPTS.

170. Long-term debt with credit institutions.

172. Long-term debts that can be transformed into grants.

177. Long-term interest in debt with credit institutions.

178. Long-term interests of other debts.

179. Other long-term debts.

Non-instrumented foreign financing in marketable securities whose maturity or cancellation is to occur within a period of more than one year.

The accounts of this subgroup shall be included in the non-current liability of the balance sheet, as part of heading II, 'Long term debt'.

The share of long-term debts due to be due or cancelled in the short term must be included in the current liabilities of the balance sheet under heading II 'Short-term debt'; the amount of the debt shall be transferred to the which represent long-term debts due to the maturity or cancellation of the short-term liabilities to the relevant accounts of the subgroup 52, 'Short-term debt for loans received and other items'.

170. Long-term debt with credit institutions.

Contracted with credit institutions for loans received and other debits, with a maturity of more than one year.

Your movement, in general, is as follows:

a) It will be paid:

a.1) For the amount received for the formalization of the debt, under account 430, " Debtors for recognized rights. Current revenue budget ".

a.2) By the fair value of the liability assumed, with account of the account 650, "Transfers and grants".

a.3) For the imputation of the accrual in the exercise of the difference between the repayment value at the maturity and the initial debt value, at account 662, "Debt interest".

b) Charged:

b.1) By the transaction costs directly attributable to the formalization that have not been deducted from the initial amount of the debt, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

b.2) For the amount cancelled in advance, with credit to the account 400, " Creditors for recognised obligations. Current expenditure budget '. At the same time, account 665, "Losses in financial instruments at amortised cost or cost", or account 775, "Benefits in financial instruments at amortised cost or cost" shall be charged for possible negative or negative results. positive, respectively, derived from such an operation.

b.3) When the debt is assumed by another entity, with credit to account 752, "Grants for the cancellation of generic debts".

(c) If the entity receives loans with subsidised interest, this account shall be debited to account 132, "financial operations finance grants", for the difference between the amount received and the fair value of the debt, in accordance with the criteria of the recognition and valuation standard No 8, 'Financial liabilities'.

172. Long-term debts that can be transformed into grants.

Reintegrable grants received from other entities or individuals, with a maturity of more than one year.

Your move is as follows:

a) It will be paid out of:

a.1) Generally, account 430, " Debtors for recognized rights. Current revenue budget ", for the amounts received.

a.2) The corresponding account of subgroup 13, "Grants and adjustments for value change" when a non-reintegrable grant becomes reintegrable by the pending portion of imputed to results and to account 120, 'Results from previous years' for the amount of the subsidy that would have been attributed to the results.

b) It will be loaded with credit to:

b.1) Account 418, "Creditors by return of income and other minorations" or to the representative account of the asset in the case of monetary or in-kind grants, respectively, for any circumstance that determine the total or partial reduction of the reductions, in accordance with the terms of their concession.

b.2) The accounts of the sub-group 13 "Value change grants and adjustments", or to sub-group 75 accounts, "Transfers and grants", if it loses its reintegrable character.

177. Long-term interest in debt with credit institutions.

Interest payable, with long-term maturity, of debts to credit institutions.

Your move is as follows:

(a) It shall be paid, for the amount of interest accrued during the financial year, with a maturity of more than one year, under account 662, "Interest on debts".

(b) It shall be charged for the early cancellation, in whole or in part, of the debts, with credit to the account 400, " Creditors for recognised obligations. Current expense budget.

178. Long-term interests of other debts.

Interest payable, with long-term maturity, of debts, excluding those to be recorded in account 177, "Long-term interest in debt to credit institutions".

Your move is analogous to the one pointed out for account 177.

179. Other long-term debts.

Third-party contracts for loans received and other debits not included in other accounts of this sub-group, with a maturity of more than one year. The following shall include, inter alia, debts with suppliers of goods defined in Group 2, 'Non-current assets' and debts with other entities as a transferor for the use of goods, in agreements to be classified as leases financial in accordance with the recognition and valuation standard No 6, "Leases and other operations of a similar nature".

Your move is as follows:

a) It will be paid:

a.1) For the amount received for the formalization of the debt, under account 430, " Debtors for recognized rights. Current revenue budget ".

a.2) By the receipt in accordance with the goods supplied, charged to group 2 accounts, "Non-current assets".

a.3) By the receipt pursuant to the right of use on the goods supplied, charged to group 2 accounts, "Non-current assets".

a.4) For the imputation of the accrual in the exercise of the difference between the repayment value at the maturity and the initial debt value, at account 662, "Debt interest".

(b) It shall be charged for the early cancellation, in whole or in part, of the debts, with credit, generally, to the account 400, " Creditors for recognised obligations. Current expense budget ".

18. BONDS AND DEPOSITS RECEIVED IN THE LONG TERM.

180. Bonds and deposits received in the long term.

180. Bonds and deposits received in the long term.

Cash received as a guarantee of compliance with an obligation or an irregular deposit, with a maturity of more than one year.

The non-current liability of the balance sheet, under heading II, shall be 'Long term debt'.

The share of securities and deposits received in the long term that has a short maturity shall be included in the current liabilities of the balance sheet under heading II, "Short-term debt"; for these purposes, the account shall be transferred to the account 560 " short-term deposits " the amount representing the long-term bonds and deposits received with short maturity.

Your move is as follows:

(a) To be paid, to the constitution, under the account 430 " Debtors for recognized rights. Current income budget "or to sub-group 57" Cash and equivalent liquid assets " as set out in the applicable rules.

b) It will be loaded with credit to:

b.1) Account 400, " Creditors for recognised obligations. Current expenditure budget " or sub-group 57 accounts, to early cancellation, as appropriate.

b.2) Account 778, "Exceptional income", for non-compliance with the established obligation to determine losses on the bond, or to account 430, " Debtors for recognized rights. Current revenue budget ", as set out in the applicable regulations.

GROUP 2. NON-CURRENT ACTIVE

Comprises the elements of the assets intended to serve in a lasting way in the activities of the entity, subject of the accounting, as well as the real estate investments. Also included within this group are, in general, financial investments whose maturity, disposal or completion is expected to occur within a period of more than one year.

20. INTANGIBLE FIXED ASSETS.

200. Intangible fixed assets.

A set of intangible assets and rights, which are capable of economic valuation, which also meet the characteristics of time-permanence and use in the production of public goods and services or constitute a source of resources of the accounting officer. Also included are the advances to account delivered to suppliers of these immobilized.

200. Intangible fixed assets.

This account will be recorded among others: industrial and intellectual property, IT applications and investments in assets used under the lease or ceded. It shall be included in the non-current assets of the balance sheet, under heading I, "intangible fixed assets"

Your move is as follows:

(a) It shall be charged for the purchase price or production cost, with credit, generally, to the account 400, " Creditors for recognised obligations. Current expenditure budget ", or account 780," Jobs made for intangible fixed assets ".

(b) It shall generally be paid for the disposal of the account, 430, " Debtors for recognised rights. Current income budget ", and in its case to account 280," Cumulative amortization of intangible fixed assets ", and 290," Impairment of value of intangible fixed assets ". At the same time, the account 670, 'Losses from non-financial fixed assets' shall be debited, or the account 770, 'Benefits from non-financial fixed assets', shall be paid for any negative or positive results, respectively, derivatives of the operation.

21. TANGIBLE FIXED ASSETS.

210. Land and natural assets.

211. Constructs.

212. Infrastructure.

213. Assets of historical heritage.

214. Machinery and tools.

215. Technical installations and other installations.

216. Furniture.

217. Teams for information processes.

218. Transport elements.

219. Other tangible fixed assets.

tangible assets, furniture or buildings, which are used continuously by the accounting officer in the production of public goods and services, or for their own administrative purposes and which are not intended for sale.

The accounts of this sub-group shall be included in the non-current assets of the balance sheet, under heading II, "Material assets".

The movement of the subgroup accounts is as follows:

a) They will be loaded:

a.1) For the purchase price or cost of production, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expenditure budget ", to account 781," Work carried out for the fixed assets ", or, where appropriate, to the accounts of the subgroup 23," tangible assets and property investments in progress ".

a.2) For the change of use, with credit to sub-group 22 accounts, "Real estate investments", and, where applicable, account 281, "Cumulative amortization of tangible fixed assets", and 291, "Impairment of the value of tangible fixed assets", through its divisionaries.

a.3) For the disaffectation of the public property of the soil, with credit to the accounts of the subgroup 24, "public property of the soil", and in its case, the account 281, "Accumulated amortization of the immobilized material", and the 291, " Deterioration of value of the tangible fixed assets ", through its divisionaries.

a.4) For the fair value of the goods received in subscription, of the owning entity or entities, with credit to the account 101, "Patrimony received".

a.5) For the fair value of the goods received as a subsidy in kind or of the goods received in disposal for an indefinite period of time or similar to the economic life of the good with credit to the account 130, " Grants for the financing of non-financial fixed assets. '

a.6) For the fair value of the goods received as a credit transfer to the account 750, "Transfers".

a.7) By the fair value of goods received through swap when the assets exchanged are not similar from the functional point of view or useful life, with credit to the representative account of the goods being delivered and their case, to the account 400, ' Creditors for recognised obligations. Current expense budget ", for the amount that is compensated in cash.

a.8) By the accounting value of the asset delivered more, where applicable, the amount paid in cash, with the limit of the fair value of the item received by swap when the assets exchanged are similar from the point of functional and useful life, with credit to the representative account of the goods being delivered and to the account 400, ' Creditors for recognised obligations. Current expense budget ", for the amount of cash paid.

b) They will be paid:

b.1) By the disposal, and in general by the absence of the asset, with charge, generally to account 430, " Debtors for recognized rights. Current income budget ", and, if applicable, to the accounts 281," Cumulative amortization of the tangible fixed assets ", and 291," Impairment of the value of the tangible fixed assets ", through its divisionaries.

At the same time the account 670, "Losses from non-financial fixed assets", or the account 770, "Benefits from non-financial fixed assets", shall be charged for any negative or positive results, respectively, derived from the operation.

b.2) For the purposes of the assets, including account 260, "long-term financial investments in equity instruments", or account 650, "Transfers and grants", depending on whether the target entity is or not of the accounting entity.

At the same time, for the difference between the fair value of the property and its book value, the account will be debited 670, "Losses from non-financial fixed assets" or the account 770 will be paid, " Profit from the non-financial fixed assets, as either positive or negative, respectively.

b.3) For goods delivered on assignment for an indefinite period or similar to economic life with account of 650, "Transfers and grants".

b.4) For the change of use, with a charge, to the accounts of subgroup 22, "Real estate investments", and, where applicable, account 281, "Cumulative amortization of tangible fixed assets", and 291, "Impairment of the value of tangible fixed assets", through its divisionaries.

b.5) By the incorporation into the public property of the soil, under the accounts of subgroup 24, "Public Heritage of the Soil", and, as the case may be, account 281, "Cumulative amortization of the immobilized material", and the 291, " Impairment of value of the tangible fixed assets ", through its divisionaries.

210. Land and natural assets.

Solar urban nature, rustic land, other non-urban land, such as common hand mountains, hunting reserves and cuses, mines and quarries.

211. Constructs.

Buildings in general. It includes administrative, commercial, educational, sports, residential, health centers, shelters and forest houses, nurseries, blocks and stables, tanatories and cemeteries, etc.

212. Infrastructure.

Non-current assets that are materialised in civil or immovable engineering works which may be used for the general public or for the provision of public services, acquired or constructed by the entity, in a title Expensive or free and that meet any of the following requirements:

-They are part of a system or network.

-They have a specific purpose that does not typically support other alternative uses.

213. Assets of historical heritage.

Property elements movable or immovable of artistic, historical, paleontological, archaeological, ethnographic, scientific or technical, as well as documentary and bibliographic heritage, deposits, archaeological zones, natural sites, gardens and parks that have artistic, historical or anthropological value.

214. Machinery and tools.

Machinery: Set of machines or equipment by which the extraction, processing or treatment of the products is carried out or used for the provision of services that constitute the activity of the subject accounting.

It will include those elements of internal transport that are destined to the transfer of personnel, animals, materials and goods within factories, workshops, etc., without going outside.

Use: Set of utensils or tools that can be used autonomously or in conjunction with machinery, including moulds and templates.

An annual physical count shall be made, in order to determine the losses incurred in the financial year, by paying this account to account 676, "Other losses of ordinary management".

215. Technical installations and other installations.

Technical installations: complex units of specialized use comprising: buildings, machinery, material, parts or elements, including computer systems which, while being separable by nature, are linked to final form for operation and subject to the same rate of depreciation; spare parts or spare parts for such installations shall also be included.

Other installations: a set of elements definitively linked to their operation and subject to the same rate of depreciation, other than those mentioned above; they shall also include spare parts or spare parts, the validity is unique for this type of facility.

216. Furniture.

Furniture, equipment and office equipment, with the exception of those to be included in account 217, "Equipment for information processing".

217. Teams for information processes.

Computers and other electronic assemblies.

218. Transport elements.

Vehicles of any kind used for land, sea or air transport of persons, animals or materials, except those to be recorded in account 214, 'Machinery and tools'.

219. Other tangible fixed assets.

Any other material inmobilizations not included in the other accounts of this subgroup, such as bibliographic and documentary funds or livestock affected research activities.

Packaging and packaging shall be included in this account and must be regarded as fixed and fixed for fixed assets with a storage cycle of more than one year.

22. REAL ESTATE INVESTMENTS.

220. Investments in land.

221. Investments in constructions.

Non-current assets that are immovable and are held for income, capital gains or both, not for use in the production or supply of goods or services, for administrative purposes, or for sale in the course of the course ordinary of operations.

The accounts of this subgroup shall be included in the non-current assets of the balance sheet, under heading III, "Real estate investments".

Your move is as follows:

a) They will be loaded:

a.1) For the purchase price or cost of production, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expenditure budget ", or to account 782," Works made for real estate investments ", or, where appropriate, to the accounts of subgroup 23," tangible assets and property investments in progress ".

a.2) For the change of use, with credit to sub-group 21 accounts, "Material assets", and, where applicable, to the accounts 282, "Cumulative amortization of real estate investments", and 292, " Value impairment of investments property ".

b) They will be paid:

b.1) By the disposal, and in general by the absence of the asset, with charge, generally, to account 430, " Debtors for recognized rights. Current income budget, and if any, to the accounts 282, "Accumulated amortization of real estate investments", and 292 "Impairment of value of real estate investments".

At the same time the account 670, "Losses from non-financial fixed assets", or the account 770, "Benefits from non-financial fixed assets", shall be charged for any negative or positive results, respectively, derived from the operation.

b.2) By the change of use, from the accounts of the subgroup 21, "Material assets", and if necessary, to the accounts 282, "Accumulated amortization of real estate investments", and 292, " Impairment of value of investments property ".

23. TANGIBLE ASSETS AND PROPERTY INVESTMENTS IN PROGRESS.

230. Ongoing tangible assets and advances.

231. Ongoing real estate investments and advances.

The accounts of this subgroup shall be included in the non-current assets of the balance sheet under headings II, "Material assets", or III, "Real estate investments", as appropriate.

230/231.

Work on adaptation, construction or assembly at the end of the financial year carried out prior to the implementation of the various elements of the fixed assets and investment property, as well as as deliveries to suppliers and other suppliers, usually in cash, as a "account" of supplies or future work.

Your move is as follows:

a) They will be loaded:

a.1) By the receipt of works and works corresponding to the ongoing fixed assets, or cash deliveries to suppliers, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

a.2) For the works and works that the entity carries out by itself, with credit to the account 783, "Jobs made for the fixed assets and real estate investments".

(b) These works and works shall be paid upon completion of the work, from the accounts of subgroup 21, "tangible fixed assets", or, as the case may be, sub-group 22, "Real estate investments".

24. PUBLIC HERITAGE OF THE SOIL.

240. Land of the public heritage of the soil.

241. Buildings of the public heritage of the soil.

243. Public equity of the land in progress and advances.

249. Other public property and property rights of the soil.

Property and rights of the public property of the soil, be managed by the local entity or by a public body dependent on it.

The accounts of this subgroup shall be included in the non-current assets of the balance sheet, under item IV, "Public property of the soil".

Your move is as follows:

a) They will be loaded with credit to:

a.1) Account 400, " Creditors for recognised obligations. Current expenditure budget "or account 784," Work carried out for the public property of the soil ", for the purchase price or production cost, as well as for the cash deliveries to the suppliers.

a.2) Account 746, "Urban Exploitation", by the urban development corresponding to the Administration.

a.3) Account 130 "Grants for the financing of non-financial fixed assets", for acquisitions for free.

a.4) The accounts corresponding to the sub-group 21, "Material assets", and, where applicable, account 284, "Accumulated depreciation of the public property of the soil", and the 293, "Impairment of the value of the public property of the soil", through its divisionaries, by the incorporation of goods from the material immobilized to the public heritage of the soil.

b) They will be paid from:

b.1) Account 430, " Debtors for recognised rights. Current income budget ", for the securities, and if any, to the accounts 284," Accumulated amortization of the public property of the soil ", and 293" Deterioration of the value of the public property of the soil ".

At the same time, the account 670, "Losses from non-financial fixed assets", or the account 770, "Benefits from non-financial fixed assets" shall be charged for any negative or positive results, respectively, derived from the operation.

b.2) The account 650, "Transfers and grants", by the disposals free of charge.

b.3) The accounts corresponding to the subgroup 21, "Material assets", and where applicable, account 284, "Cumulative amortization of the public property of the soil", and the 293, "Impairment of the value of the public property of the soil", through its divisionaries, by the disaffection of public property from the soil.

240. Land of the public heritage of the soil.

Land members of the public heritage of the soil.

241. Buildings of the public heritage of the soil.

Buildings in general, members of the public heritage of the soil.

243. Public equity of the land in progress and advances.

Work for the adaptation of land and construction, at the end of the financial year, carried out prior to the operation of the goods forming part of the public property of the soil, as well as deliveries to suppliers and other suppliers, normally in cash, as a "account" of supplies or future work.

249. Other public property and property rights of the soil.

Any other property and rights in the public property of the soil not included in the other accounts of this subgroup.

26. LONG-TERM FINANCIAL INVESTMENTS.

260. Long-term financial investments in equity instruments.

261. Long-term representative debt securities.

262. Long-term credits.

265. Long-term debtors for deferment and fractionation.

266. Long-term interest in debt securities.

267. Long-term interest on loans.

268. Long-term impositions.

269. Outstanding disbursements on equity holdings in the long-term net worth.

Financial investments, whatever their form of instrumentation, the maturity or expected date of disposal is greater than one year, including accrued interest with a maturity of more than one year.

The accounts of this subgroup shall be included in the non-current assets of the balance sheet under heading V, "Long-term financial investments".

The share of long-term investments whose maturity or expected date of disposal is not more than one year shall be included in the current asset of the balance sheet under heading II, "Short-term financial investments"; effects shall be transferred to this sub-group the amount representing the long-term investment with a maturity or expected date of short-term disposal, including, where appropriate, accrued interest, to the relevant accounts of subgroup 54; "Short-term financial investments".

260. Long-term financial investments in equity instruments.

Investments in equity rights in public or private entities, classified in the category of 'Financial assets at cost', which are not expected to be sold or extinguished within a period of less than one year.

Your move is as follows:

a) It will be loaded:

a.1) For the equity contribution made, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.2) To the subscription or purchase, with credit to the account 400, " Creditors for recognized obligations. 'Current expenditure budget', and, where appropriate, account 269, 'Deposits outstanding on shares in the net worth in the long term'.

a.3) For the transaction costs directly attributable, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.4) For the fair value of the good contributed to the subscription, with credit to the corresponding account of the property. At the same time, the result of the difference, where appropriate, between the fair value of the property and its book value in the account 670, 'Losses from non-financial fixed assets', or 770, shall be recorded. from non-financial fixed assets, as appropriate.

a.5) In case of non-cash contribution, for the fair value of the good contributed, with credit to the account of the corresponding good. At the same time, the result of the difference between the fair value of the well-contributed and its book value in the account 670, 'Losses from non-financial fixed assets', or 770, shall be recorded as a result of the difference. from non-financial fixed assets, as appropriate.

b) It will be paid:

b.1) For returns of contributions, generally taken, to account 430, " Debtors for recognized rights. Current revenue budget. ' At the same time, account 665, "Losses in financial instruments at amortised cost or cost", or account 765, "Benefits in financial instruments at amortised cost or cost", shall be charged for possible negative or negative results. positive, respectively, derived from the operation.

b.2) By enajenations and in general by its discharge from the asset, generally charged, to account 430, " Debtors for recognized rights. Current income budget ", and, where appropriate, to 269," Deposits outstanding on equity interests in the long term ".

At the same time, account 665, "Losses in financial instruments at amortised cost or cost", or account 765, "Benefits in financial instruments at amortised cost or cost" shall be debited, negative or positive results, respectively, derived from the operation.

b.3) For the reversal of the assets contributed to the subscription, with the corresponding account of the good.

At the same time, account 665, "Losses in financial instruments at amortised cost or cost", or account 765, "Benefits in financial instruments at amortised cost or cost" shall be charged for the difference between the fair value of the good that reverses and the accounting value of the holding, according to its sign.

261. Long-term representative debt securities.

Collects investments in debt securities (bonds, bonds, etc.) that have been classified in the "Financial assets at amortised cost" category, the maturity or expected date of disposal more than one year.

Your move is as follows:

a) It will be loaded:

a.1) To the subscription or purchase, for the purchase price, excluding the explicit interest accrued and not due, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

a.2) For transaction costs directly attributable to the subscription or purchase, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.3) By the imputation of the difference due between the redemption value at the maturity and the initial value of the investment, with credit to account 761, " Income of securities representing debt, credit and other financial investments. ' When the difference is negative, the seat shall be the reverse.

(b) It shall be paid for the disposal, early repayment or deactivation of the asset of the securities, generally taken into account 430, " Debtors for recognised rights. Current revenue budget. ' At the same time, account 665, "Losses in financial instruments at amortised cost or cost", or account 765, "Benefits in financial instruments at amortised cost or cost", shall be charged for possible results, negative or positive, respectively, derived from the operation.

262. Long-term credits.

Loans and other loans granted to third parties with a maturity of more than one year that are not to be collected in the account 265, "Long term debtors for deferment or fractionation". It shall include, inter alia, staff and appropriations for the disposal of fixed assets.

Your move is as follows:

a) It will be loaded:

a.1) To the formalization of the credit, for the amount of credit, with credit, generally, to the account 400, " Creditors for recognized obligations. 'Current expenditure budget', or to the corresponding fixed assets, in the case of loans for the disposal of fixed assets.

In addition, in the case of credits granted with subsidised interest, this account shall be credited to the account 650, "Transfers and grants", for the difference between the amount delivered and the fair value of the credit, in accordance with the criteria of the recognition and valuation standard n. 7, "Financial assets".

a.2) By the transaction costs directly attributable, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.3) By the imputation of the difference due between the redemption value at the maturity and the initial value of the investment, with credit to account 761, " Income of securities representing debt, credit and other financial investments. ' When the difference is negative, the seat shall be the reverse.

(b) It shall be paid for the full or partial withdrawal of the asset from the account 430, " Debtors for recognised rights. 'Current income budget' and account 667 'Loss of bad credit' in the case of losses due to insolvencies for which the impairment valuation correction has not been previously recorded.

265. Long-term debtors for deferment and fractionation.

Collects long-term receivables from cancellations by deferment and fractionation of rights recognized in the 430 accounts, " Debtors for recognized rights. Current income budget ", and 431," Debtors for recognized rights. Closed revenue budgets ".

Your move is as follows:

(a) It will be charged, for the annulment of the budgetary right, with credit to the accounts 433, "Rights annulled current budget", or 434, "Rights cancelled from closed budgets".

b) Be paid from:

b.1) Account 430, " Debtors for recognised rights. Current income budget ", due to the early cancellation of the collection right.

b.2) Account 443, "Short-term debtors for deferment and fractionation", for the part of the right that has short-term maturity.

266. Long-term interest in debt securities.

Interest receivable, with a maturity of more than one year, of debt securities.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 761, "Income of debt securities, debt securities and other financial investments", for accrued interest.

a.2) Account 400, " Creditors for recognised obligations. Current expenses budget ", to the subscription or purchase of the securities, for the amount of accrued interest with maturity in subsequent years.

(b) In the case of the sale or early repayment of securities and in general of the discharge of the asset, account 430, " Debtors for recognised rights. Current revenue budget ".

267. Long-term interest on loans.

Interest receivable, with a maturity of more than one year, of claims.

Your move is as follows:

(a) It shall be charged for accrued interest, with credit to account 761, "Income of securities representing debt, credit and other financial investments".

(b) In the case of an early repayment, total or partial, of account 430, " Debtors for recognised rights shall be paid. Current revenue budget ".

268. Long-term impositions.

Favourable balances in banks and credit institutions formalised by means of a term or similar, with a maturity of more than one year and in accordance with the conditions governing the financial system. Interest receivable shall also be included, with a maturity of more than one year, of the forward impositions.

Your move is as follows:

a) It will be loaded:

a.1) To formalization, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

a.2) For accrued interest, with credit to account 761, "Income of securities representing debt, credit and other financial investments".

(b) Shall be paid to the cancellation of the charge, usually to account 430, " Debtors for recognized rights. Current revenue budget ".

269. Outstanding disbursements on equity holdings in the long-term net worth.

Outstanding, non-required disbursements on equity interests in the net worth of commercial companies, in the case of long-term financial investments.

It shall be included in the non-current assets of the balance sheet, by minoring the item in which the relevant units are reflected.

Your move is as follows:

(a) To be paid, to the acquisition or subscription of the shares, for the amount outstanding, with account of the account 260, "Long-term financial investments in equity instruments".

b) Charged:

b.1) For the disbursements that are required, with credit to the account 400, " Creditors for recognized obligations. Current expense budget ".

b.2) When the non-paid-up shares are in full, with credit to the account 260, "Long-term financial investments in equity instruments".

b.3) With credit to account 549, "Deposits outstanding on equity interests in the short term", when the financial investment is reclassified in the short term.

27. LONG-TERM ESTABLISHED BONDS AND DEPOSITS.

270. Bonds and deposits made up in the long term.

270. Bonds and deposits made up in the long term.

Cash delivered as a guarantee of compliance with an obligation or an irregular deposit, longer than one year.

The non-current assets of the balance sheet, under item V, "Long-term financial investments" shall be included.

The share of long-term deposits and deposits that have a short maturity must be included in the current asset of the balance sheet under heading II, "Short-term financial investments"; for these purposes the amount shall be transferred represent long-term securities and deposits with short maturity to account 565, "short-term securities and deposits".

Your move is as follows:

(a) It shall be charged, to the constitution, for the cash delivered, with credit to the account 400, " Creditors for recognized obligations. Current expenditure budget "or to sub-group 57 accounts," Cash and equivalent liquid assets ", as set out in the applicable rules.

b) Be paid from:

b.1) Account 430, " Debtors for recognised rights. Current income budget " or to sub-group 57 accounts, to early cancellation, as appropriate.

b.2) The account 678, "Exceptional expenses", for non-compliance with the established obligation to determine losses on the bond.

28. ACCUMULATED DEPRECIATION OF FIXED ASSETS.

280. Accumulated amortization of intangible fixed assets.

281. Accumulated depreciation of tangible fixed assets.

2810. Accumulated amortization of land and natural assets.

2811. Cumulative amortization of builds.

2812. Accumulated depreciation of infrastructure.

2813. Accumulated depreciation of assets from historical assets.

2814. Accumulated depreciation of machinery and tools.

2815. Accumulated depreciation of technical facilities and other facilities

2816. Accumulated amortization of furniture.

2817. Cumulative amortization of equipment for information processes

2818. Cumulative amortization of transport items.

2819. Accumulated amortization of other tangible assets.

282. Accumulated amortization of real estate investments.

284. Accumulated depreciation of the public property of the soil.

2840. Accumulated amortization of land from the public property of the soil.

2841. Accumulated amortization of public property constructions of the soil.

2849. Accumulated amortization of other public property and property rights of the soil.

Accounting expression of the systematic distribution, over the shelf life, of the depreciation of investments in fixed assets, real estate investments and the public heritage of the soil.

The accounts of this sub-group shall, where appropriate, operate through its divisional and shall be the non-current asset item of the balance sheet in which the relevant asset item is listed.

280. Accumulated amortization of intangible fixed assets.

Cumulative amount of valuation corrections for depreciation of intangible fixed assets made in accordance with a systematic plan.

Your move is as follows:

(a) It shall be paid, for the annual allocation, generally from account 680, "Amortisation of intangible fixed assets".

(b) It shall be debited when the intangible fixed assets are put in place or the inventory is reduced for any other reason, with credit to sub-group 20 accounts, "Intangible assets".

281. Accumulated depreciation of tangible fixed assets.

Cumulative amount of the valuation corrections for the depreciation of the tangible fixed assets in accordance with a systematic plan.

Your move is as follows:

(a) It shall be paid, for the annual allocation, generally taken into account 681, "Depreciation of the tangible fixed assets".

(b) It shall be debited when the tangible fixed assets are put in place or the inventory is reduced for any other reason, with credit to sub-group 21 accounts, "Material assets".

282. Accumulated amortization of real estate investments.

Cumulative amount of valuation corrections for depreciation of real estate investments made in accordance with a systematic plan.

Your move is as follows:

(a) It shall be paid, for the annual allocation, with a charge, generally, to account 682, "Amortisation of real estate investments".

(b) It will be charged when the real estate investment is sold or the inventory is lowered for any other reason, with credit to the accounts of subgroup 22, "Real estate investments".

284. Accumulated depreciation of the public property of the soil.

Cumulative amount of the valuation corrections for the depreciation of the public property of the soil, carried out according to a systematic plan.

Your move is as follows:

(a) It shall be paid, for the annual allocation, with a charge, generally, to account 684, "Depreciation of the public property of the soil".

(b) It shall be charged when the public property of the soil is placed on the ground or the inventory is lowered for any other reason, with the addition of sub-group 24 accounts, "Public property of the soil".

29. NON-CURRENT ASSET VALUE IMPAIRMENT.

290. Impairment of intangible fixed assets.

291. Impairment of the value of tangible fixed assets.

2910. Deterioration in the value of land and natural assets.

2911. Building value deterioration.

2912. Impairment of infrastructure value.

2913. Deterioration of the value of historical assets.

2914. Deterioration in the value of machinery and tools.

2915. Deterioration of the value of technical installations and other installations.

2916. Impairment of furniture value.

2917. Equipment value deterioration for information processes.

2918. Transport element value deterioration.

2919. Impairment of value of other tangible assets.

292. Deterioration in the value of real estate investments.

293. Deterioration of the value of the public property of the soil.

2930. Deterioration in the value of land on the public property of the soil.

2931. Deterioration in the value of buildings of the public heritage of the soil.

2939. Deterioration of the value of other public property and property rights of the soil.

294. Impairment of long-term equity value.

295. Impairment of the value of representative long-term debt securities.

296. Impairment of long-term credit value.

297. Impairment of credit for long-term deferment and fractionation.

298. Impairment of other long-term financial investments.

299. Impairment of value per ceded usufruct of tangible fixed assets.

2990. Deterioration of value by ceded use of land and natural assets.

2991. Deterioration of value by usufruct ceded from constructions.

2992. Impairment of value for ceded infrastructure usufruct.

2993. Impairment of value for usufruct transferred from assets of the historical patrimony.

2999. Impairment of value per ceded usufruct of other tangible fixed assets.

Accounting expression of value adjustments due to losses due to impairment of the value of the non-current asset items; value losses per ceded usufruct are also included.

The estimation of such losses should be performed systematically over time. In the case of subsequent recoveries of value, in the terms set out in the relevant recognition and valuation rules, the recognised impairment value adjustments shall be reduced to their full recovery, where This applies in accordance with the provisions of those rules.

The accounts of this subgroup shall, in the non-current asset of the balance sheet, account for the item on which the relevant asset item is listed.

It will generally be transferred to sub-group 59, "Short-term impairment of financial investment value", the amount of value adjustments for impairment of financial investments that have their short maturity period.

290/291/292/293. Impairment of value of .............

Amount of the value impairment corrections that correspond to intangible fixed assets, tangible fixed assets, real estate investments and public land assets.

Your move is as follows:

(a) They shall be paid for the amount of the estimated impairment to be attributed to results, from the 690 accounts, "Loss of impairment of intangible fixed assets", 691, "Loss of impairment of tangible fixed assets", 692, "Impairment losses on property investments", or 693, "Loss of soil public property impairment".

b) They will be loaded:

b.1) When the causes that determined the recognition of the valuation correction for impairment, with credit to the account 790, "Reversion of the deterioration of intangible fixed assets", 791, " Reversion of the deterioration of the "material fixed assets", 792, "Reversion of the deterioration of real estate investments", or 793, "Reversion of the deterioration of the public heritage of the soil".

b.2) When the asset is fixed or is lowered for any other reason, with credit to sub-group 20 accounts, "intangible assets", 21, "tangible assets", 22, "real estate investments", or 24 "Public heritage of the soil".

294. Impairment of long-term equity value.

Amount of valuation corrections for impairment of the value of long-term units.

Your move is as follows:

(a) It shall be paid, for the amount of the estimated impairment to be attributed to results, under account 696, "Loss of impairment of shareholdings".

b) Charged:

b.1) With credit to account 796, "Reversion of the impairment of shareholdings", when the causes that determined the recognition of the valuation correction for impairment disappear.

b.2) With credit to the 260, "Long-term financial investments in equity instruments", when the units are in place or are discharged from the asset for any other reason.

295. Impairment of the value of representative long-term debt securities.

Impairment valuation of long-term investment value in representative debt securities.

Your move is as follows:

(a) They shall be paid, for the amount of the estimated impairment that is to be attributed to results, to account 697, "Loss of impairment of debt securities".

b) They will be loaded:

b.1) With credit to account 797, "Reversion of the impairment of debt securities", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) With credit to account 261, "Long term representative debt securities", when securities are issued or are discharged from the asset for any other reason.

296. Impairment of long-term credit value.

Value impairment for long-term credit impairment.

Your move is as follows:

(a) It shall be paid, for the amount of the estimated impairment that is to be attributed to the results, under account 698, "Loss of credit impairment and other financial investments".

b) It will be loaded with credit to:

b.1) Account 798, "Reversion of impairment of credits and other financial investments", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) The 262, "long-term credits", when they are cancelled in advance or when they are discharged from the debtor's final insolvency asset and, in the latter case, by the credit side that is uncollectible.

297. Impairment of credit for long-term deferment and fractionation.

Amount of the value of the value of the long-term deferment and fractionation value adjustments.

Your move is as follows:

(a) It shall be paid, for the amount of the estimated impairment that is to be attributed to the results, under account 698, "Loss of credit impairment and other financial investments".

b) It will be loaded with credit to:

b.1) Account 798, "Reversion of impairment of credits and other financial investments", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) The 265, "long-term debtors for deferment and fractionation", when they are cancelled in advance or when they are discharged from the debtor's final insolvency asset and, in the latter case, by the credit side that is bad.

298. Impairment of other long-term financial investments.

Amount of valuation corrections for impairment of the value of long-term securities, deposits and impositions.

(a) It shall be paid, for the amount of the estimated impairment that is to be attributed to the results, under account 698, "Loss of credit impairment and other financial investments".

b) It will be loaded with credit to:

b.1) Account 798, "Reversion of impairment of credits and other financial investments", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) Account 268, "Long Term Impositions", or Account 270 "Long Term Deposits and Deposits", when they are cancelled in advance or when they are discharged from the debtor's definitive insolvency and, in the latter case, for the remaining non-performing balance.

299. Impairment of value per ceded usufruct of tangible fixed assets.

Amount of the valuation corrections arising from the free transfer of the use of items from the entity's tangible assets to third parties for a period of time less than the economic life of the property transferred.

If difficulties exist for the determination of the transferred usufruct, it may be valued for the cumulative amount of the amortisation fees that correspond to the lease period.

It will work through your divisionaries.

Your movement, with a general character, is as follows:

(a) It shall be paid for the estimated amount of the value of the usufruct transferred from the good during the period of the assignment to the account 650, "Transfers and grants".

(b) Account 799 shall be debited, "Reversion of the impairment by the divested usufruct of the tangible fixed assets", where the recoverable amount is higher than the book value with the limit of the book value if there has been no deterioration.

GROUP 4. CREDITORS AND DEBTORS

Accounts receivable and payable from third party transactions, which have their origin in the ordinary management of the entity and the accounts of the Public Administrations.

40. BUDGETARY CREDITORS.

400. Creditors for recognised obligations. Current expense budget.

401. Creditors for recognised obligations. Closed expense budgets.

Obligations to be paid by the entity as a result of the execution of the budget.

400. Creditors for recognised obligations. Current expense budget.

Obligations recognised during the period of validity of the budget under the appropriations entered in the budget.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) It shall be paid, for the recognised budgetary obligations, from:

a.1) Group 1 accounts, "Basic financing", in cases, among others, of early repayment of long-term liabilities, as well as, where applicable, in the case of early repayment of bonds and deposits received in the long term.

a.2) Group 2 accounts, "Non-current assets", for investments made in intangible fixed assets, material, financial, real estate investments, public equity of the land, and where applicable, by the establishment of bonds and long-term deposits.

a.3) Group 5 accounts, "Financial accounts", in the case of short-term liability repayment, short-term financial investments, as well as, where applicable, the provision of short-term securities and deposits and the repayment of Bonds and deposits received in the short term.

a.4) Group 6 accounts, "Purchases and expenses by nature", by expenses and losses.

a.5) The account 411, "Creditors for accrued expenses", when the corresponding act of recognition and settlement is issued at the expiration of the obligation.

a.6) Account 413, "Creditors for outstanding transactions to be applied on a budget", when the obligation that has been left to be charged to the budget is recognised and removed.

a.7) Sub-account 558, "Provisions of funds for payments to be justified and fixed cash advances", for the release of funds with the character of "payments to be justified" and the repositions of fixed cash advances.

In the case of reintegrating of payments to justify that the seat to be charged is to be imputed to the expense budget, it will be identical but of a negative sign.

a.8) Account 630, "Tributes", for the amount of the negative annual regularization of indirect taxation.

In the case of cancellation of recognized obligations the seat to be performed shall be identical but with a negative sign.

Also, the mentioned negative sign seat will also be performed when the cancellation of obligations that are reflected in this account occurs, with the exception that, in this case, the account of the charge will be in all Case 752, "Grants for the cancellation of generic debts".

b) It will be loaded with credit to:

b.1) Accounts of subgroup 57, "Cash and equivalent liquid assets", for the amount of payments made in cash, or account 557, "Formalization", for virtual payments.

b.2) Account 410, "Supported VAT Creditors", for the amount of the negative annual regularisation of indirect taxation.

b.3) Account 557, "Formalization", for the amount of the revenue from the current budget at the time of its allocation to the expenditure budget. This seat shall be a negative sign.

The sum of their credit shall indicate the total of net recognised budgetary obligations during the financial year, which are subject to the possible confendations that have occurred. That of their own, the total budget obligations that have been paid for.

Your balance, creditor, will collect the amount of outstanding obligations outstanding.

On 1 January, in the opening seat, the balance of this account on 31 December preceding shall be part of the initial balance of the account 401, ' Creditors for recognised obligations. Budgets for closed expenses. " This transfer will be carried out directly, without making any seats.

401. Creditors for recognised obligations. Closed expense budgets.

Collects on January 1 the balance of obligations recognized from budget credits in previous financial years, the payment of which has not been made effective on 31 December of the previous year.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) Account 120, "Results of previous financial years", or the balance sheet to which the budget expenditure has been charged, shall be paid for the increase in the obligations recognised in the accounts; previous exercises that are the result of errors. In the case of changes in obligations arising from economic expenditure and of minor relative importance, it may be paid out of the corresponding expenditure accounts.

When the modification of those obligations is in decline, or in the case of the cancellation of those obligations, this seat will be a negative sign.

Also, the mentioned negative sign seat will also be performed when the cancellation of obligations that are reflected in this account occurs, with the exception that, in this case, the account of the charge will be in all Case 752, "Grants for the cancellation of generic debts".

b) It will be loaded with credit to:

b.1) Accounts of subgroup 57, "Cash and equivalent liquid assets", for the amount of payments made in cash, or to account 557, "Formalization", for virtual payments.

b.2) Account 778, "Exceptional Revenue", for the amount of the prescriptions that have occurred.

The sum of your credit shall indicate the total of obligations recognised from the budget for closed financial years, the payment of which has not been made effective at the end of the previous financial year and which have not been cancelled or waived during the exercise. That of your must, the total obligations of closed budgets cancelled during the financial year, either by payment or by prescription.

Your balance, creditor, will collect the total outstanding payment obligations for closed budgets.

41. NON-BUDGETARY CREDITORS.

410. Creditors for VAT supported.

411. Creditors for accrued expenses.

413. Creditors for pending operations to be applied on budget.

418. Creditors for return of income and other mini-sentences.

419. Other non-budgetary creditors.

410. Creditors for VAT supported.

A creditor account that collects the debts with third parties corresponding to a value added tax (VAT), which has the condition of deductible, which originates from the purchase of goods or services.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

a) It will be paid out of:

a.1) Account 472, "Public Finance, Supported VAT", for the amount of VAT incurred and deductible on acquisitions.

a.2) Account 472, "Public Finance, VAT incurred", for the amount of VAT incurred and deductible corresponding to the operations cancelled. This seat shall be a negative sign.

a.3) Sub-group 57 accounts, "Cash and equivalent liquid assets", for the repayment of the cancelled operations for which payment would have been previously made.

a.4) Account 472, "Public Finance, VAT incurred", for the amount of VAT incurred and deductible corresponding to the regularisation practiced in the cases of application of the rule of pro-rata. It shall be a negative sign if the input VAT and deductible VAT calculated in accordance with the provisional pro rata is higher than that calculated on the basis of the final pro rata. The amount thus paid shall be cancelled against the accounts of debtors or of budget creditors, depending on whether the regularization results in a positive or negative sign adjustment.

b) It will be loaded with credit to:

b.1) Accounts of subgroup 57, "Cash and equivalent liquid assets", for payment made to creditors.

b.2) Account 778, "Exceptional Income", in case of prescription.

Your balance, creditor, will collect the amount of the input VAT that has the condition of deductible payable to the creditors.

411. Creditors for accrued expenses.

Collects non-cash-to-end obligations arising from non-financial economic expenses accrued during the year.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) It shall be paid, for the amount of the goods and services corresponding to group 6 accounts "Purchases and expenses by nature", representative of them.

(b) Account 400, " Creditors for recognised obligations, shall be debited. Current expenditure budget ", where formal recognition of the obligation occurs.

Your balance, creditor, shall collect the amount of the non-payment obligations for the purpose of the financial year arising from expenses incurred during the year.

413. Creditors for pending operations to be applied on budget.

A creditor account that collects the obligations arising from expenses incurred or goods and services received, for which its application has not been produced on a budget, being the same.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) It shall be paid, at least as of 31 December, to the accounts of Group 6, 'Purchases and expenses by nature', or to the balance sheet accounts of the budgetary expenditure incurred.

b) It will be loaded with credit to:

b.1) Account 400, " Creditors for recognised obligations. Current expense budget ", when the application is produced on budget.

b.2) Account 558, "Provisions of funds for payments to be justified and fixed cash advances", after the supporting account of the fixed cash advance has been approved for the expenses that have been previously recognised.

Your balance, creditor, will collect the outstanding obligations to apply on budget.

418. Creditors for return of income and other mini-sentences.

Collects the obligations to pay, from the revenue budget, amounts derived from undue income, as a result of the corresponding return agreement being issued.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term."

Your move is as follows:

a) It will be paid, from:

a.1) Group 1 accounts, "Basic financing", 2, "Non-current assets", 5, "Financial accounts", 6, "purchases and expenses by nature", or 7, "Sales and revenue by nature", according to the origin of the refund or, if applicable, to Account 585, "Short-Term Provision for Return of Income", at the time the return agreement is issued.

The previous seat will be practiced with a negative sign when revenue return agreements are cancelled in the same financial year as they were issued.

a.2) Account 120, "Results of previous years", or, the balance sheet account to which the return was imputed at the time of its recognition, due to the increase in the obligations arising from the previous exercises resulting from errors.

When the modifications of those obligations are in decline, or in the case of the cancellation of those obligations, this seat shall be a negative sign.

b) It will be loaded with credit to:

b.1) Sub-group 57 accounts, "Cash and equivalent liquid assets", for payments made.

b.2) Account 442, "Debtors for collection service", for returns of income relating to the assets held by the accounting officer by the entities assigned to the administration of such resources.

b.3) Account 778, "Exceptional Income", for obligations incurred on prescription.

The sum of your credit shall indicate the total net amount of obligations recognized by return of income, that is, the amount corresponding to return agreements dictated in the exercise plus those that, dictated in financial years prior to the payment, they were pending payment at the beginning of the same period. That of your must, the returns cancelled during the exercise, either by payment, or by prescription.

Your balance, creditor, will collect the amount of outstanding obligations for payment by return of income.

419. Other non-budgetary creditors.

Collects the remaining non-budget creditors, not included in the previous accounts. Among others, the resources of other public entities raised by the entity will be included in this account as a consequence of lending to them the collection service.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) It shall be paid, for the charges made, under account 554, "outstanding items", or to sub-group 57 accounts, "Cash and equivalent liquid assets", as applicable.

(b) It shall be charged, for payments made, with credit to sub-group 57 accounts, "Cash and equivalent liquid assets".

Your balance, creditor, will pick up the slope to satisfy for this concept.

43. BUDGETARY DEBTORS.

430. Debtors for recognised rights. Current revenue budget.

431. Debtors for recognised rights. Closed revenue budgets.

433. Current budget nullified rights.

434. Rights nullified from closed budgets.

437. Return of revenue.

438. Current budget cancelled rights.

439. Rights cancelled from closed budgets.

Rights recognized in favor of the entity, as a consequence of the execution of the budget.

430. Debtors for recognised rights. Current revenue budget.

Debtor account that collects the rights recognized during the lifetime of the budget and imputed to it.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

(a) It shall be charged, for the recognition of the rights to be charged, with credit to:

a.1) Group 1 accounts, "Basic financing", in cases, inter alia, for the formalisation of long-term borrowing operations, as well as, where appropriate, the receipt of long-term deposits and deposits.

a.2) Group 2 accounts, "Non-current assets", for the disposal of intangible fixed assets, material, financial, real estate investments, public land assets, early repayment of loans, as well as, if applicable, the early cancellation of long-term deposits and deposits.

a.3) Group 5 accounts, "Financial accounts", for the formalisation of debt transactions, the disposal of temporary financial investments, the repayment of loans granted, as well as, where appropriate, the receipt of securities and short-term deposits and the cancellation of bonds and deposits made up in the short term.

a.4) Group 7 accounts, "Sales and revenue by nature", by revenue and profit.

a.5) Sub-account 265, "Long Term Debtors by Deferment and Fraction", to early cancellation.

a.6) account 443, "Short-term debtors for deferment and fractionation", in the exercise of the maturity of the right to charge or to the early cancellation of the right.

a.7) Account 441, "Debtors for accrued income", when the right recognition agreement is issued.

a.8) Account 630, "Tributes", for the amount of the annual positive regularisation of indirect taxation.

a.9) The expenditure accounts by a corresponding nature, by the reimbursement of payments to be charged to the revenue budget, other than those resulting from errors recorded in the account 120, " Results of financial years ". When these reintegrals have little relative importance, whether or not they proceed from errors, account 775, "Reintegrs", will be recorded.

a.10) It shall be charged at the end of the financial year for the regularisation of revenue returns, with credit to account 437, "Return on income".

b) Be paid from:

b.1) Accounts of subgroup 57, "Cash and equivalent liquid assets", for the collection of rights recognised in the current financial year.

b.2) Account 554, "Cobros pending application", at the time of the definitive application of those revenues applied transiently in that account.

b.3) account 442, "Debtors for collection service", for income that occurs in the area of entities that have been attributed to the administration of resources whose ownership corresponds to the accounting or entity subject in charge of its recovery management, provided that the provisional application of such revenue has not been previously made.

b.4) Account 410, "Creditors for input VAT", for the amount of the annual positive regularisation of indirect taxation.

b.5) Account 433, "Rights cancelled from current budget", by the regularisation of the nullified rights. This seat is done at the end of the exercise.

b.6) Account 438, "Rights cancelled from current budget", by the regularisation of the rights cancelled. This seat is done at the end of the exercise.

The sum of your must indicate, before the regularisation seats, the total of rights settled in the financial year. That of their being, also before the seats of regularisation, the rights liquidated in the exercise charged during the same.

Your balance, debtor, shall, after regularisation, collect the amount of the rights settled in the financial year for recovery.

On January 1, in the opening seat, the balance of this account at December 31, will be part of the initial balance of account 431, " Debtors for recognized rights. Revenue budgets closed. ' This operation will be performed directly, without the need for any seats.

431. Debtors for recognised rights. Closed revenue budgets.

Collects in January 1 the amount of the rights recognized in previous years, the collection of which has not been made effective on 31 December of the previous year.

It shall be included in the current assets of the balance sheet, under heading III, "Debtors and other accounts receivable in the short term".

Your move is as follows:

(a) Account 120, "Results of previous financial years", or the balance sheet to which the revenue has been charged, shall be debited for the increase in the rights recognised in the accounts; previous exercises as a result of errors. In the case of modification of rights with origin in economic income and of minor relative importance, it may be loaded with credit to the revenue accounts by nature that correspond.

When the modification of those rights is in decrease this seat will be a negative sign.

b) Be paid from:

b.1) Accounts of subgroup 57, "Cash and equivalent liquid assets", for the collection of rights recognised in previous years.

b.2) Account 554, "Cobros pending application", at the time of the definitive application of those revenues applied transiently in that account.

b.3) account 442, "Debtors for collection service", for income that occurs in the area of entities that have been attributed to the administration of resources whose ownership corresponds to the accounting or entity subject in charge of its recovery management, provided that the provisional application of such revenue has not been previously made.

b.4) Account 434, "Rights cancelled from closed budgets", by regularisation, at the end of the year, of the rights cancelled.

b.5) Account 439, "Rights cancelled from closed budgets", by regularisation, at the end of the year, of the rights cancelled.

The sum of your must indicate the total of rights recognized in previous years and that in January 1 were pending collection. The total of entitlements charged during the financial year before the regularisation seats.

Your balance, debtor, shall, after regularisation, collect the rights settled in previous financial years pending recovery.

433. Current budget nullified rights.

Collects recognized rights overrides.

Your move is as follows:

a) It will be paid out of:

a.1) The imputation accounts referred to in paragraph (a) of account 430, " Debtors for recognised rights. Current income budget ", for the annulment of rights for the annulment of liquidations.

a.2) account 443, "Short-term debtors for deferment and fractionation", or account 265, "long-term debtors for deferment and fractionation", representative of short and long-term loans arising as the cancellation of budgetary rights by deferment and fractionation.

a.3) Account 437, "Return of income", for the cancellation of rights for return of income, once payment has been made.

b) It will be loaded with credit to:

b.1) Account 430, at the end of the financial year, for its balance, except for the rights cancelled by return of income.

b.2) Account 437, in the end of the financial year, for the balance of rights cancelled by return of income, as a result of the regularisation of rights cancelled by return of income.

Your balance, creditor, before regularisation, will collect the rights cancelled in the year, corresponding to rights recognised in the exercise.

434. Rights nullified from closed budgets.

Collects claims for rights recognised in previous financial years that are pending collection in the account 431, " Debtors for recognised rights. Closed revenue budgets ".

Your move is as follows:

a) It will be paid out of:

a.1) Account 120, "Results of previous financial years", or to the balance sheet account to which the revenue was charged, for the cancellation of rights for the cancellation of settlements. In the event that the transaction has little relative importance, it may be paid from the revenue accounts by nature corresponding to that.

a.2) account 443, "Short-term debtors for deferment and fractionation", or account 265, "long-term debtors for deferment and fractionation", representative of short and long-term loans arising as the cancellation of budgetary rights by deferment and fractionation.

(b) Credit shall be charged at 431, " Debtors for recognized rights. Budgets for closed revenue ", for the regularisation of the rights annulled. This seat shall be made at the end of the year.

Your balance, creditor, prior to the regularization, shall contain the cancellations made during the exercise of rights settled in previous years.

437. Return of revenue.

Collect the amount of revenue returns made during the exercise.

Your move is as follows:

(a) Account 433, "Current Budget Uncancelled Rights", will be charged for refunds of paid income.

(b) It shall be paid for the balance of the account, 433, on the basis of the regularisation of the returns on revenue made during the financial year. This seat shall be held for the purpose of exercise.

Your balance, debtor, before regularisation, will collect the total returns made in the financial year.

438. Current budget cancelled rights.

Collects the cancellations of recognized rights, produced as a result of awards of goods in payment of debts, other charges in kind and for insolvencies and other causes.

Your move is as follows:

a) It will be paid out of:

a.1) The balance account representative of the property or right received, for the cancellation of fees for charges in kind.

a.2) Account 667, "Loss of bad credits", for the cancellation of rights for insolvencies and for those agreed upon in creditors ' competitions.

a.3) The account 650, "Transfers and grants", for the cancellation of rights for the cancellation of the same.

a.4) The imputation account that corresponds to the cancellation of rights for other causes.

(b) Account 430, " Debtors for recognised rights, shall be debited. Current income budget ", in the end of the year, by the regularisation of the rights cancelled.

Your balance, creditor, before regularization, will collect the rights cancelled in kind and for insolvencies and other causes in the exercise, corresponding to rights recognized in the exercise.

439. Rights cancelled from closed budgets.

Collects cancellations of rights recognised in previous financial years that appear to be charged on account 431, " Debtors for recognised rights. Closed revenue budgets ", produced as a result of awards of goods in payment of debts, other charges in kind, for insolvencies and other causes and for prescription.

Your move is as follows:

a) It will be paid out of:

a.1) The balance account representative of the property or right received, for the cancellation of fees for charges in kind.

a.2) Account 667, "Loss of bad loans", in the case of cancellation due to insolvency of the debtor, by credit removal in creditors ' competitions or by prescription.

a.3) The account 650, "Transfers and grants", for the cancellation of rights for the cancellation of the same.

a.4) The imputation account that corresponds to the cancellation of rights for other causes.

(b) The account shall be debited to account 431, " Debtors for recognised rights. Closed revenue budgets ", in the end of the year, by the regularisation of the rights cancelled.

Your balance, creditor, before regularisation, shall include cancellations in kind, insolvencies and other causes and prescription that are carried out during the financial year, of rights settled in previous years.

44. NON-BUDGETARY DEBTORS.

440. Debtors for VAT passed on.

441. Debtors for accrued income.

442. Debtors for collection service.

443. Short-term debtors for deferment and fractionation.

449. Other non-budgetary debtors.

440. Debtors for VAT passed on.

A debtor account that collects third-party debts corresponding to a value added tax (VAT) passed on as a result of the delivery of goods or services.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 477, "Public Finance, VAT passed on", for the amount of VAT passed on the delivery of goods or services.

a.2) Account 477, in a negative sign seat, for the amount of VAT passed on to cancelled operations.

a.3) Accounts of subgroup 57, "Cash and equivalent liquid assets", for the amount reintegrated into the cancelled operations that had been previously collected.

b) Be paid from:

b.1) Accounts of subgroup 57, or account 554, "Cobros to be applied", as appropriate, by the income of the VAT passed on.

b.2) Account 667, "Loss of bad credits", in case of insolvencies or prescription.

Your balance, debtor, will collect the amount of VAT passed on to the debtors.

441. Debtors for accrued income.

Credits derived from accrued and unrequired revenue not collected in other accounts of this Plan.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

(a) For the accrual of the transaction or at least at the end of the financial year, the corresponding account of group 7, "Sales and revenue by nature" shall be charged.

(b) It shall be paid when the agreement on recognition of the right under account 430 is issued, " Debtors for recognised rights. Current revenue budget ".

442. Debtors for collection service.

This account collects, before the delivery of the respective amounts, the credits in favour of the institution for amounts corresponding to resources to be recorded in its accounts and whose collection is has been carried out by other public or private entities entrusted with the management of recovery. In particular, the appropriations resulting from the administration of resources by another public entity shall be recorded through this account, provided that the latter provides the holder of the resources with the information necessary to ensure that all operations resulting from the management of those resources are duly recorded in their accounts and incorporated in their budget where appropriate.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

a) It will be loaded:

a.1) By the birth of the credit in favour of the institution as a result of income that occurs in the field of another public entity that manages and manages resources of the same or in entities entrusted with its management collection, with credit to the accounts corresponding to the nature of the resources that would have been collected.

a.2) For the provisional application of the charges referred to in the preceding paragraph, where appropriate in accordance with the procedures for applying the revenue used, with credit to the account 554, " application ".

a.3) For payments as a result of reintegrating to the public entities managing and managing resources, with credit to sub-group 57 accounts, "Cash and equivalent liquid assets".

b) It will be paid:

b.1) By means of the accounts corresponding to the nature of the resources in question, by the reduction of the credit in favour of the institution resulting from the returns of income occurring in the field of another public entity that manages and manages resources of the same.

b.2) under account 554, or to sub-group 57 accounts, as appropriate, by the revenue that is made in the institution, by the public entity that manages and manages the resources of the entity or the entities in charge of its collection management, as a result of the collection management carried out.

b.3) Under account 550, "Current non-bank accounts", for the final settlement of the resources collected by another public entity, where the corresponding deliveries are made on the part of the public entity concerned collection.

In the case of operations arising from the administration of resources by another public entity, the notes referred to in paragraphs (a), (b) (1) and (3) shall be made on the basis of the information provided by the entity. public resource manager relating to the collection obtained, returns of income made and final liquidation of the resources collected, respectively.

Your balance, debtor, shall collect the amount outstanding from the public authorities that administer the resources of the entity or entities in charge of its collection management.

443. Short-term debtors for deferment and fractionation.

Collects rights to be charged with short-term maturity from cancellations by deferment and fractionation of rights recognized in the accounts 430, " Debtors for recognized rights. Current income budget ", and 431," Debtors for recognized rights. Closed revenue budgets ".

It shall be included in the current assets of the balance sheet, under heading I, " Debtors and other accounts receivable in the short term.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 265, "Long Term Debtors for Deferment and Fraction", for long-term transfer.

a.2) Account 433, "Current budget nullified rights", or 434, "Rights cancelled from closed budgets", for the annulment of the budgetary right.

(b) In the exercise of the maturity of the right to charge, or the advance cancellation of the right to be charged, the account shall be paid to the account 430, " Debtors for recognized rights. Current revenue budget ".

Your balance, debtor, will collect the amount outstanding in the short term.

449. Other non-budgetary debtors.

Collect the remaining non-budget debtors not included in the accounts above.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

(a) It shall be charged, for payments made, with credit to sub-group 57 accounts, "Cash and equivalent liquid assets".

(b) It shall be paid for the charges made, under account 554, "pending application", or to sub-group 57 accounts, as appropriate.

Your balance, debtor, will collect the outstanding amount for this concept.

45. DEBTORS AND CREDITORS FOR THE MANAGEMENT OF RESOURCES ON BEHALF OF OTHER PUBLIC ENTITIES.

450. Debtors for recognized rights of resources of other public entities.

451. Rights annulled by resources of other public entities.

452. Public entities, for receivables.

453. Public entities, for income to be liquidated.

454. Return of income from resources of other public entities.

455. Public entities, by return of income pending payment.

456. Public authorities, c/c. cash.

457. Creditors for return of income from other entities ' resources.

458. Rights cancelled by resources of other public entities.

This subgroup is intended to collect those actions for the settlement and collection (management) of resources of other entities that the subject of the accounting entity performs.

This subgroup will only be used by entities that manage or manage resources of other public entities, in the terms mentioned in the previous paragraph, and there are two possible situations regarding this. usage:

SITUATION 1. The managing body of resources of other public entities that provides the holding entity with the information necessary to ensure that all transactions resulting from the management carried out are duly recorded in its accounts and incorporated to its budget where appropriate.

In this case, the managing body will only use the accounts 453, "Entes públicos, for income to be liquidated", with the movements that are established in it for this situation, and 456, " Entes publics, c/c. cash ", where applicable.

SITUATION 2. Resource management entity of other public entities that does not provide the incumbent entity with the same information regarding the management operations performed.

When this situation occurs, the managing entity will use all accounts in this subgroup, using account 453, "Public Entes, for Income Pending to Liquidate", with the intended movements for this case.

450. Debtors for recognized rights of resources of other public entities.

Collects the liquidated resources of other public entities, which must be collected by the entity.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 452, "Public Entes, for receivables", for the recognition of receivables, as well as for the corrections of outstanding amounts receivable from previous years.

a.2) Account 454, "Return of income from resources of other public entities", by the regularisation, at the end of the year, of the returns of income made during the same period.

b) Be paid from:

b.1) Accounts of subgroup 57, "Cash and equivalent liquid assets", for the collection of resources from other public entities.

b.2) Account 554, "Cobros pending application", at the time of the definitive application of those revenues applied transiently in that account.

b.3) Account 451, "Rights annulled by other public entities", by the regularization, in the end of the exercise, of the rights annulled.

b.4) Account 458, "Rights cancelled by resources of other public entities", by the regularisation, at the end of the year, of the cancelled rights, through its divisionaries.

The sum of the amount must indicate, before the regularization, the total amount of rights to be charged, by resources of other public entities, recognized during the financial year, as well as the receivables at the end of the previous financial year. That of their being, before the regularisation, the collection during the financial year, corresponding to those rights.

Your balance, debtor, will collect, after regularization, the resources of other public entities settled and pending collection.

451. Rights annulled by resources of other public entities.

Collects the cancellations of resources accounted for in the account 450, "Debtors for recognized rights of resources of other public entities", produced as a result of the cancellation of settlements or returns of revenue.

Your move is as follows:

a) It will be paid out of:

a.1) Account 452, "Public Entes, for Rights to Charge", for the annulment of rights recognized for the cancellation of settlements.

a.2) Account 454, "Return of income from resources of other public entities", for the cancellation of rights for return of income, once the payment of the refund has been made.

(b) In the end of the year, the balance shall be charged on the basis of the balance of the account, 450, "Debtors for recognized rights of resources of other public entities", as a result of the regularization of the nullified rights.

Your balance, creditor, before the regularization, will collect the total of rights cancelled during the exercise, of resources of other public entities.

452. Public entities, for receivables.

It is the counterpart of account 450, "Debtors for recognized rights of resources of other public entities."

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) Account 450, "Debtors for recognized rights of resources of other public entities", shall be paid for the recognition of the rights to be charged.

b) It will be loaded with credit to:

b.1) Account 453, "Public Entes, for Income Pending to Liquidate", for the collection of rights.

b.2) Account 451, "Rights annulled by other public entities", for the annulment of rights recognized by other public entities for the annulment of settlements.

b.3) Account 458, "Rights cancelled by resources of other public entities", by the cancellations of rights on behalf of other public entities as a result of charges in kind, insolvencies and other causes and prescription.

The sum of your credit will indicate the total amount of the rights recognized to be charged by other public entities. The amount of your must, the amount of all the settlements raised or cancelled, plus the nullified ones.

Your balance, creditor, will collect the entity's position against the other public entities for the recognized rights to be collected.

453. Public entities, for income to be liquidated.

Resources raised by the entity, on behalf of other public entities that constitute a credit in favor of the same.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

At the end of the financial year, your credit balance will collect the entity's net debt with the public entities on whose account it manages and collects resources.

The functioning of this account will depend on the situation in which the entity is located in relation to the provision of information to the public entities that hold the resources it manages on its own, and may be presented Possibilities:

SITUATION 1. The managing body of resources of other public entities that provides the holding entity with the information necessary to ensure that all transactions resulting from the management carried out are duly recorded in its accounts and incorporated to its budget where appropriate.

When this circumstance occurs, this account will present the following move:

a) It will be paid:

a.1) For the receivables of rights recognized by other public entities ' resources, from the accounts of subgroup 57, "Cash and equivalent liquid assets".

a.2) For collections corresponding to the reintegrals of the public entities to which resources are administered, from the accounts of subgroup 57.

a.3) For the definitive application of the charges referred to in the preceding paragraphs, when these have been temporarily imputed to account 554, "Cobros pending application", with charge to that account.

b) Charged:

b.1) For payments made as a result of income returns corresponding to resources of other public entities, with credit to sub-group 57 accounts.

b.2) For the payment of the amount of the liquid collection corresponding to public entities to which no deliveries are made to them, with credit to the accounts of subgroup 57.

b.3) For the amount of the liquid collection corresponding to public entities to which they are made deliveries to account of such collection, at the time of the definitive liquidation of the respective income, with credit to account 456, " Public Entes, c/c. cash. "

SITUATION 2. Management entity of resources of other public entities that does not provide the entity with the same information regarding the management operations carried out. In this case the move will be:

a) It will be paid:

a.1) For the amount raised corresponding to resources of other public entities, under account 452, "Public Entes, for Rights to Charge".

a.2) For the recovery of the public entities to which the resources are administered, from the accounts of subgroup 57, "Cash and equivalent liquid assets".

a.3) For the definitive application of the charges referred to in the previous paragraph, when these have been temporarily imputed to account 554, "Cobros pending application", with charge to that account.

b) Charged:

b.1) For the amount of returns of paid income corresponding to resources of other public entities, with credit to account 455, "Public Entes, for return of income to be paid".

b.2) For the payment of the amount of the liquid collection corresponding to public entities to which no deliveries are made to them, with credit to the accounts of subgroup 57.

b.3) For the amount of the liquid collection corresponding to public entities to which they are made deliveries to account of such collection, at the time of the definitive liquidation of the respective income, with credit to account 456, " Public Entes, c/c. cash. "

454. Return of income from resources of other public entities.

The debtor account that collects the operations referred to in its name.

Your move is as follows:

(a) Account 451, "Rights annulled by other public authorities", shall be charged with the cancellation of rights recognized for the return of income. This seat is simultaneous to the performance of the payment.

(b) Account 450, "Debtors for recognized rights of resources of other public entities" shall be paid, for their balance, to the regularization in order to exercise the returns of income made during the same.

Your debtor balance, before regularisation, will collect returns on income during the financial year.

455. Public entities, by return of income pending payment.

Debtor account that collects the decrease in the entity's debit against the public entities on behalf of which it collects resources, as a consequence of the revenue returns recognized.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

(a) You will be charged, for the amount of the return of income, at the time the return agreement is issued, with credit to account 457, "Creditors for return of income from other entities ' resources."

(b) Account 453, "Public Entes, for Income Pending to Liquidate", shall be paid for the amount of the returns satisfied.

Your balance, debtor, will collect the minoron in the debt collected by the entity, as a consequence of the returns of income recognized and outstanding. It must be equal to the credit balance of account 457.

456. Public authorities, c/c. cash.

This account is intended to reflect the debtor or creditor situation of the public entities on behalf of which resources are administered and collected, as a result of the cash deliveries that the collecting entity will making the final settlement during the financial year, which shall be based on the actual net recovery in the course of the financial year.

It shall be included in the current assets of the balance sheet under heading I, "Debtors and other accounts receivable in the short term", by the sum of their debtor balances, and in the current liabilities of the balance sheet under heading III, "Creditors and other accounts" to pay in the short term ", for that corresponding to its creditor balances.

Your move is as follows:

(a) The amount of the deliveries to account during the financial year shall be debited from the accounts of subgroup 57, "Cash and equivalent liquid assets". This same seat shall be made when the creditor balances resulting when the deliveries to account have been lower than the total amount of the collection shall be effective.

b) Be paid from:

b.1) account 453, "public institutions, for income to be settled", for the amount of the annual collection obtained, that is, the balance to be held by that account at the end of the financial year 453, for the resources corresponding to public entities to which deliveries are made to account.

b.2) Account 554, "Pending application", or to sub-group 57 accounts, "Cash and equivalent liquid assets", as appropriate, where the deliveries to account have been higher than the amount of the liquid collection and the reimbursement of those amounts shall be made at the time of the reimbursement.

457. Creditors for return of income from other entities ' resources.

A creditor account that collects the recognition of the obligation to pay or return amounts unduly collected, in the case of income from other entities ' resources.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

(a) Account 455, "Public Entes, for Return of Income Pending Payment", shall be paid when the revenue return agreement is issued.

b) It will be loaded with credit to:

b.1) Sub-group 57 accounts, "Cash and equivalent liquid assets", for returns paid.

b.2) Account 455, for obligations incurred on prescription.

The sum of your credit will indicate the total number of obligations recognized by other public entities ' returns, that is, the total number of return agreements issued in the financial year plus those that were issued in financial years. prior to the payment, they were pending payment at the beginning of the same period. That of your must, the returns cancelled during the exercise, either by payment, or by prescription.

Your balance, creditor, will collect the amount of outstanding obligations for the return of resources from other public entities.

458. Rights cancelled by resources of other public entities.

Collects the cancellations of resources accounted for in the account 450, "Debtors for recognized rights of resources of other public entities", produced as a result of awards of goods in payment of debts and other charges in kind, insolvencies and other causes or prescription.

Your move is as follows:

(a) Account 452, "Public Entes for Rights to Charge", will be paid for the cancellations of rights on behalf of other public entities as a result of charges in kind, insolvencies and other causes and prescription.

(b) A charge shall be charged on behalf of the 450 account "Debtors for recognised rights of resources of other public authorities", in the end of the year, for the regularisation of rights cancelled in kind, insolvencies and other causes and prescription.

Your balance, creditor, before regularisation, will collect the total of rights cancelled in kind, for insolvencies and other causes and for prescription during the exercise, of resources of other public entities.

47. PUBLIC ADMINISTRATIONS.

470. Public Finance, debtor for various concepts.

471. Social Welfare Agencies, debtors.

472. Public Finance, VAT supported.

475. Public Finance, creditor for various concepts.

476. Social Welfare Agencies, creditors.

477. Public finances, VAT passed on.

470. Public Finance, debtor for various concepts.

Account that presents the debtor position of the Public Finance vis-à-vis the entity, as a result of the liquidation of VAT or other causes.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

(a) The tax will be charged on the basis of the positive difference between the VAT incurred and deductible, and the VAT passed on, with credit to the account 472, "Public Finance, VAT incurred".

(b) Account 477, "Public Finance, Passed VAT" shall be paid when it is offset in subsequent settlements or in the accounts of sub-group 57, "Cash and equivalent liquid assets", or account 554, " Cobros application pending ", when exercising the right to return.

Your balance, debtor, will collect the excess VAT incurred and deductible not yet offset in successive settlements and whose return has not been made.

(c) In the case of claims in favour of the institution for reasons other than VAT, it shall be charged and paid, with credit and charge to the accounts corresponding to the nature of the operations.

471. Social Welfare Agencies, debtors.

Credits in favor of the entity, of the various Social Security Organizations, related to the social benefits that they perform.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

a) You will be charged with sub-group 57 accounts, "Cash and equivalent liquid assets", when making payments.

(b) It shall be paid, for the revenue incurred, from accounts of subgroup 57, or account 554, "outstanding items", as applicable.

472. Public Finance, VAT supported.

VAT due on the acquisition of goods and services and other transactions covered by the relevant legal texts, which are deductible.

It shall be included in the current assets of the balance sheet, under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 410, "Supported VAT Creditors", for the amount of VAT deductible when the tax is deducted.

a.2) Account 410, by negative sign seat, by the amount of the deductible VAT corresponding to the cancelled operations.

a.3) Account 410, for differences resulting in VAT deductible when the regularisations provided for in the pro rata rule are practiced. This seat will be positive or negative according to the sign of the differences.

a.4) Account 477, "Public Finance, VAT passed on", for the amount of VAT deductible, calculated in accordance with the VAT rules in the production cases by the entity of goods for its own fixed assets, as well as in the changes of affectation of goods.

(b) It shall be paid for the amount of deductible VAT that is offset in the settlement of the period, with account of the account 477. If, after the entry of this subsidiary seat, account 472, "Public Finance, Supported VAT", the amount of the same is charged to the account 470, "Public Finance, debtor for various concepts".

475. Public Finance, creditor for various concepts.

Debts in favor of the Public Finance, due to fiscal or other concepts, pending payment. This account shall be included in this account, inter alia, of the credit balance of VAT settlements and the tax deductions made payable to the public treasury.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

a) It will be paid:

a.1) At the end of the tax period, for the amount of VAT excess passed on to the deductible input VAT, charged to account 477, "Public Finance, VAT passed on".

a.2) For the retentions practiced, when the entity is a substitute for the taxpayer or retainer, usually charged to account 557, "Formalization".

(b) The payment shall be charged on the accounts of subgroup 57, "Cash and equivalent liquid assets", when payment is made.

(c) In the event of debts to the Public Finance, for reasons other than those collected, it shall be paid and charged and paid to the accounts corresponding to the nature of the operations.

476. Social Welfare Agencies, creditors.

Amounts withheld from the workers, or in their case satisfied by the workers, and which at a later time must be delivered to the Social Security Agencies.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

a) It will be paid out of:

a.1) Generally, account 557, "Formalization", by the withholding of the fees corresponding to the staff of the entity.

a.2) Accounts of subgroup 57, "Cash and equivalent liquid assets", or account 554, "Cobros to be applied", for the entry of the aforementioned quotas into the entity.

(b) It shall be charged, for payments made, with credit to sub-group 57 accounts, "Cash and equivalent liquid assets".

477. Public finances, VAT passed on.

VAT due on the delivery of goods or the provision of services and other transactions covered by the relevant legal texts.

It shall be included in the current liabilities of the balance sheet, under heading III, "Creditors and other accounts payable in the short term".

Your move is as follows:

a) It will be paid out of:

a.1) Account 440, "Debtors for VAT passed on", for the amount of VAT passed on when the tax is due.

a.2) Account 440, in a negative sign seat, for the amount of VAT passed on, corresponding to cancelled operations.

a.3) Account 472, "Public Finance, Supported VAT", and, where applicable, to the asset account in question, in the case of production by the entity of goods for its own fixed assets, and in cases of change of affectation.

(b) It shall be charged, for the amount of the deductible input VAT, to be compensated for in the settlement of the tax, with credit to account 472. If, after the entry of this seat, the balance in account 477, 'Public Finance, VAT passed on', the amount of the same shall be paid to the account 475, 'Public Finance, creditor for various concepts'.

48. ADJUSTMENTS TO BE MADE.

480. Anticipated expenses.

485. Anticipated revenue.

480. Anticipated expenses.

Expenses accounted for in the exercise that is closed and corresponding to the next.

It shall be included in the current assets of the balance sheet, under heading III, "Adjustments to the reporting period".

Your move is as follows:

(a) It shall be charged at the end of the financial year with credit to group 6 accounts, "purchases and expenses by nature" which have recorded the costs to be charged to the subsequent financial year.

(b) It shall be paid at the beginning of the following financial year from group 6 accounts, "Purchases and expenses by nature".

485. Anticipated revenue.

Revenue accounted for in the year that is closed corresponding to the next.

It shall be included in the current liabilities of the balance sheet, under heading IV, "Adjustments to the reporting period".

Your move is as follows:

(a) To be paid, at the end of the financial year, to the accounts of Group 7, "Sales and income by nature", which have recorded the revenue to be charged to the subsequent financial year.

(b) It shall be charged at the beginning of the following year with credit to group 7 accounts.

49. IMPAIRMENT OF CREDIT VALUE.

490. Impairment of credit value.

4900. Deterioration in the value of budget debtors.

4901. Deterioration in the value of non-budgetary debtors.

490. Impairment of credit value.

Amount of the valuation corrections for impairment of bad credit, recorded in sub-group 43 accounts, "Budget debtors", and 44, "Non-budgetary debtors".

The item of the current asset of the balance sheet in which the corresponding collection right is included shall be reduced.

It will work through your divisionaries based on the nature of the rights.

Sub-account 4900, "Impairment of the value of budget debtors", the amount of impairment corrections included in accounts 595 " Impairment of the value of securities representing short debt securities shall be transferred to sub-account 4900 'Short-term credit impairment', 596, 'Short-term credit impairment' and 598, 'Impairment of other short-term financial investments', where the financial investments referred to in those corrections are imputed, upon maturity, to the budget of the entity's revenue. This sub-account shall also be transferred to this sub-account, the amount of impairment corrections listed in sub-account 4901, 'Impairment of the value of non-budgetary debtors', where the deferment and fractionation debtors referred to in this Article such corrections are imputed, upon maturity, to the entity's revenue budget.

Also, the amount of the impairment of the value of the credit for deferral and the impairment of the value of non-budgetary debtors shall be transferred to sub-account 4901, "Impairment of the value of non-budgetary debtors". (a) a long-term fractionation, where the deferment and fractionation debtors referred to in those corrections shall have a short-term maturity.

Your move is as follows, depending on the alternative adopted by the entity:

1. When the institution encrypts the amount of the impairment at the end of the financial year by a comprehensive estimate of the risk of the default on the debtors ' balances:

(a) At the end of the financial year, the estimate made by account 698, "Loss of credit impairment and other financial investments" shall be paid.

(b) It shall also be charged at the end of the financial year for the allocation made at the end of the preceding financial year, with credit for account 798, "Reversion of credit deterioration and other financial investments".

2. When the entity encrypts the amount of impairment by an individualized system for tracking debtors ' balances:

(a) For the financial year, the amount of the risks to be estimated shall be paid out of account 698, "Loss of impairment of loans and other financial investments".

(b) It shall be charged that the balances of debtors for which the corrective account has been established on an individual basis or where the risk is removed, by the amount of the envelope, with credit to account 798, shall be debited. "Reversal of credit impairment and other financial investments."

GROUP 5. FINANCIAL Accounts

Current financial assets and liabilities, except those to be included in Group 4, "Creditors and debtors", financial reporting periods and short-term provisions.

52. SHORT TERM LOANS FOR LOANS RECEIVED AND OTHER ITEMS.

520. Short-term debt with credit institutions.

521. Debts for Treasury Operations.

522. Short term debts that can be transformed into grants.

527. Short-term interest on debt with credit institutions.

528. Short-term interest on other debts.

529. Other short-term debts.

Non-instrumented foreign financing in marketable securities whose maturity or cancellation is to occur within a period of not more than one year.

The accounts of this subgroup shall be included in the current liabilities of the balance sheet, as part of heading II, 'Short-term debt'.

The share of long-term liabilities whose maturity or cancellation is to occur in the short term shall be included in the current liabilities of the balance sheet; for this purpose, the amount representing the liabilities shall be transferred to this sub-group. in the long term, the maturity or cancellation of which is due to occur in the short term of the relevant accounts of subgroup 17, 'Long term debt for loans received and other concepts'.

520. Short-term debt with credit institutions.

The counterparties to credit institutions for loans received and other debits, with a maturity of not more than one year, other than those intended to cover transitional cash flows to be collected in account 521, " Treasury operations. "

Your movement, in general, is as follows:

a) It will be paid:

a.1) To the formalization of the debt, for the amount received, under the account 430, " Debtors for recognized rights. Current revenue budget ".

a.2) By the fair value of the liability assumed, with account of the account 650, "Transfers and grants".

a.3) Under account 662, "Debt interest", by the imputation of the difference due between the redemption value at the maturity and the initial debt value.

b) Charged:

b.1) For the directly attributable transaction costs that have not been deducted from the cash received in the issue, with credit, generally, to the account 400, " Creditors for recognised obligations. Current expense budget ".

b.2) For the amount cancelled, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

b.3) When the debt is assumed by another entity, with credit to account 752, "Grants for the cancellation of generic debts".

521. Debts for Treasury Operations.

Short-term foreign financing not instrumented by marketable securities to deal with transitional cash flows.

Your move is as follows:

a) It will be paid:

a.1) To the formalization of the debt, for the amount received, from the accounts of subgroup 57, "Cash and equivalent liquid assets".

a.2) By the fair value of the liability assumed, with account of the account 650, "Transfers and grants".

a.3) Under account 662, "Debt interest", by the imputation of the difference due between the redemption value at the maturity and the initial debt value.

b) Charged:

b.1) For the directly attributable transaction costs that have not been deducted from the cash received in the issue, with credit, generally, to the account 400, " Creditors for recognised obligations. Current expense budget ".

b.2) For the amount cancelled, with credit to sub-group 57 accounts, "Cash and equivalent liquid assets".

522. Short term debts that can be transformed into grants.

Reintegrable grants received from other entities or individuals, with maturity not exceeding one year.

Your movement, generally, is as follows:

a) It will be paid out of:

a.1) Account 430, " Debtors for recognized rights. Current revenue budget " for the amounts received.

a.2) The corresponding account of subgroup 13, "Grants and adjustments for value change" when a non-reintegrable grant becomes reintegrable by the pending portion of imputed to results and to account 120, 'Results from previous years' for the amount of the subsidy that would have been attributed to the results.

b) It will be loaded with credit to:

b.1) Generally, account 418, "Creditors for return of income and other minorations", for any circumstance determining the total or partial reduction of the grants, in accordance with the terms of their concession.

b.2) The accounts of subgroup 13, "Value change grants and adjustments", or to sub-group 75 accounts, "Transfers and grants", if it loses its reintegrable character.

527. Short-term interest on debt with credit institutions.

Interest payable, with short-term maturity, of debts to credit institutions including treasury operations.

Your move is as follows:

(a) It shall be paid, for the amount of interest accrued during the financial year, due to the following, with account 662, "Interest on debts".

(b) It shall be debited, where the interest is due, to be paid, in general, to the account 400, " Creditors for recognised obligations. Current expense budget ".

528. Short-term interest on other debts.

Interest payable, with short-term maturity, of debts, excluding those to be recorded in account 527, "Short-term interest on debt to credit institutions".

Your move is analogous to that noted for account 527, "Short-term interest on credit institutions".

529. Other short-term debts.

Third-party contracts for loans received and other debits not included in other accounts of this subgroup, with maturity not exceeding one year. The following shall include, inter alia, debts with suppliers of goods defined in Group 2, 'Non-current assets' and debts with other entities as a transferor for the use of goods, in agreements to be classified as leases financial in accordance with the recognition and valuation standard No 6, "Leases and other operations of a similar nature".

Your move is as follows:

a) It will be paid:

a.1) By the receipt in accordance with the goods supplied or the right of use thereon, with a charge to the accounts of group 2, "Non-current assets".

a.2) For the financial expense incurred until the debt repayment value is reached, under account 662, "Debt interest".

(b) It shall be charged for the amount cancelled, with credit, generally, to the account 400, " Creditors for recognised obligations. Current expense budget ".

54. SHORT-TERM FINANCIAL INVESTMENTS.

540. Short-term financial investments in equity instruments.

541. Short-term representative debt securities.

542. Short-term credits.

545. Dividend receivable.

546. Short-term interest on debt securities.

547. Short term interest on loans.

548. Short-term impositions.

549. Outstanding disbursements on shares in the net worth in the short term.

Financial investments, whatever form of instrumentation, the maturity or expected date of disposal does not exceed one year, except those to be included in account 577, " Equivalent liquid assets to cash ".

The accounts of this subgroup shall be included in the current assets of the balance sheet under heading II, "Short-term financial investments".

The share of long-term investments whose maturity or expected date of disposal is not more than one year must be included in the balance sheet asset under heading II, "Short-term financial investments"; transfer to this sub-group the amount representing the long-term investment whose maturity or expected date of disposal is to be produced in the short term of the relevant accounts of the sub-group 26, "Long-term financial investments".

540. Short-term financial investments in equity instruments.

Investments in equity rights, shares with or without listing on a regulated market or other securities, of commercial companies, which are expected to be sold or extinguished within a period of not more than one year.

Your move is as follows:

If these are investments in equity instruments classified in the financial assets at cost category:

a) It will be loaded:

a.1) For the equity contribution made, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.2) To the subscription or purchase, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expenditure budget ', and, where appropriate, to account 549,' Deposits outstanding on shares in the net worth in the short term '.

a.3) For transaction costs directly attributable to the subscription or purchase, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

b) It will be paid:

b.1) For returns of contributions, generally taken, to account 430, " Debtors for recognized rights. Current revenue budget. ' At the same time, account 665, "Losses in financial instruments at amortised cost or cost", or account 765, "Benefits in financial instruments at amortised cost or cost", shall be charged for possible negative or negative results. positive, respectively, derived from the operation.

b.2) For the disposal and in general for its discharge from the asset, under account 430, " Debtors for recognised rights. Current income budget ", and, if there are outstanding disbursements, under account 549," Deposits outstanding on equity interests in the short term ".

In addition, account 665, "Losses in financial instruments at amortised cost or cost", or account 765, "Benefits in financial instruments at amortised cost or cost" shall be debited for the possible results, negative or positive, respectively, derived from the operation.

If these are investments in equity instruments classified in the category of financial assets at fair value with changes in results:

(a) You will be charged, subscription or purchase, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expenditure budget ', and, where appropriate, to account 549,' Deposits outstanding on shares in the net worth in the short term '.

(b) It shall be charged or paid, for changes in fair value, with credit or charge, respectively, to accounts 764, "Profit in financial instruments at fair value", and 664, " Losses in financial instruments at value reasonable ".

(c) It shall be paid for the disposal of the account, 430, " Debtors for recognised rights. Current income budget ", and, if there are outstanding disbursements, under account 549," Deposits outstanding on equity interests in the short term ".

541. Short-term representative debt securities.

Investments in bonds, bonds or other debt securities, including those that set their performance on the basis of indices or similar systems, the maturity of which or the expected date of disposal does not exceed a year.

Your move is as follows:

If these are investments in debt securities that have been classified in the category of financial assets at amortised cost:

a) It will be loaded:

a.1) To the subscription or purchase, for the consideration given, excluding accrued and unexpired interest, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

a.2) For transaction costs directly attributable to the subscription or purchase, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.3) With credit to account 761, "Income of securities representing debt, credit and other financial investments", for the imputation of the difference due between the repayment value at the maturity and the initial value of the investment. When the difference is negative, the seat shall be the reverse.

(b) Account shall be paid out of account 430, " Debtors for recognised rights. Current income budget ", for the depreciation, disposal or discharge of the assets of the securities. At the same time, account 665, "Losses in financial investments at amortised cost or cost", or account 765, "Benefits in financial investments at amortised cost or cost", shall be charged for possible results, negative or positive, respectively, derived from the operation.

If it is investments in debt securities classified in the category financial assets at fair value with changes in results:

a) It will be loaded:

a.1) To the subscription or purchase, for the consideration given, excluding accrued and unexpired interest, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

a.2) With credit to account 761, "Income of debt securities, debt securities and other financial investments", for the imputation of the difference due between the repayment value at the maturity and the initial value of the investment. When the difference is negative, the seat shall be the reverse.

(b) The account shall generally be paid to the account 430, " Debtors for recognised rights. Current income budget ", by the disposal or amortization of the securities.

(c) It shall be charged or paid, for changes in fair value, with credit or charge, respectively, to accounts 764, "Profit in financial instruments at fair value", and 664, " Losses in financial instruments at value reasonable ", except the part corresponding to accrued interest.

542. Short-term credits.

Loans and other loans granted to third parties with maturity not exceeding one year. It shall include, inter alia, staff and appropriations for the disposal of fixed assets.

Your move is as follows:

a) It will be loaded:

a.1) To the formalization of the credit, for the amount of credit, with credit, generally, to the account 400, " Creditors for recognized obligations. 'Current expenditure budget', or to the corresponding fixed assets, in the case of loans for the disposal of fixed assets.

In addition, in the case of credits granted with subsidised interest, this account shall be credited to the account 650, "Transfers and grants", for the difference between the amount delivered and the fair value of the credit, in accordance with the criteria set out in the recognition and valuation standard No 7, 'Financial assets'.

a.2) By the transaction costs directly attributable, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

a.3) With credit to account 761, "Income of securities representing debt, credit and other financial investments", for the imputation of the difference due between the repayment value at the maturity and the initial value of the investment. When the difference is negative, the seat shall be the reverse.

(b) Shall be paid, at the end of the total or in part, to the account 430, " Debtors for recognized rights. Current income budget ", and account 667," Loss of bad loans ", in case of losses due to insolvencies.

545. Dividend receivable.

Credit for dividends, whether definitive or "on account", the distribution of which has been agreed by the company to which they correspond.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 400, " Creditors for recognised obligations. Current expenses budget ", to the subscription or purchase of the securities, for the amount of the dividends agreed and not due.

a.2) The account 760, "Income from equity in equity", by the amount accrued.

(b) It shall be paid, at the beginning of the dividend-sharing period, or for the collection thereof, from account 430, " Debtors for recognised rights. Current revenue budget ".

546. Short-term interest on debt securities.

Interest receivable, with a maturity of not more than one year, of debt securities.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 400, " Creditors for recognised obligations. Current expenditure budget ", to the subscription or purchase of the securities, for the amount of accrued and unexpired interest whose maturity does not exceed one year.

a.2) Account 761, "Income of debt securities, debt securities, and other financial investments", for accrued and unexpired interest, for the purpose of financial year and for early cancellation.

(b) Account shall be paid out of account 430, " Debtors for recognised rights. Current income budget ", due to the maturity or collection of interest and the disposal or disposal of the assets of the securities.

547. Short term interest on loans.

Interest receivable, with maturity not exceeding one year, of claims.

Your move is as follows:

(a) It shall be charged, for the amount of interest accrued and not due, for the purpose of the financial year and for the early cancellation, with credit to account 761, " Income of securities representing debt, loans and other investments financial ".

(b) Account shall be paid out of account 430, " Debtors for recognised rights. Current income budget ", due to the maturity or collection of interest and the repayment or reduction of the credit asset.

548. Short-term impositions.

Balances in banks and credit institutions formalized by means of "term account" or similar, with maturity not exceeding one year. Interest receivable shall also be included, with a maturity of not more than one year, of the forward impositions.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Account 400, " Creditors for recognised obligations. Current expense budget ", to its formalization.

a.2) Account 761, "Income of debt securities, debt securities and other financial investments", for accrued interest.

(b) Shall be paid to the cancellation of the charge, usually to account 430, " Debtors for recognized rights. Current revenue budget ".

549. Outstanding disbursements on shares in the net worth in the short term.

Outstanding, non-required disbursements on equity interests in the net worth of commercial companies, in the case of short-term financial investments.

It shall be included in the current balance sheet asset, by minoring the item in which the relevant units are reflected.

Your move is as follows:

(a) To be paid, to the acquisition or subscription of the shares, for the amount outstanding, under account 540, "Short-term financial investments in equity instruments".

(b) It shall be charged, for the disbursements to be required, with credit to the account 400, " Creditors for recognised obligations. Current expenditure budget ", or account 540," Short-term financial investments in equity instruments ", for outstanding balances, where non-paid-up shares are fully paid out.

55. OTHER FINANCIAL ACCOUNTS.

550. Non-bank checking accounts.

554. Charges pending application.

555. Payments pending application.

556. Internal cash movements.

557. Formalization.

558. Provisions of funds for payments to be justified and fixed cash advances.

559. Other items pending application.

Collect other financial accounts that are not classified in other subgroups.

550. Non-bank checking accounts.

Current accounts held with a natural or legal person other than a bank, banker or credit institution, or debtor or creditor to be included in group 4 "Creditors and debtors".

In particular, current accounts shall be included with public entities that manage resources from which the institution is the holder, for the purpose of recording the deliveries to account of the collection of the same as received from those entities, as well as the final settlement which, in relation to that collection, is carried out on a regular basis (for these transactions only this account will be used when the resource managers supply the entity holding the same information necessary to ensure that all operations resulting from the management of these resources are duly registered in their accounts and incorporated in their budget where appropriate.

It shall be included in the current assets of the balance sheet under heading I, "Debtors and other accounts receivable in the short term", by the sum of the balances presented by the debtor's current accounts, and in the current liabilities of the balance sheet Item III, "Creditors and other accounts payable in the short term", for the sum of the balances presented by the creditor current accounts.

Your move is as follows:

(a) It shall be paid out of the accounts of sub-group 57, "Cash and equivalent liquid assets", by the funds received by the institution, in particular by the delivery to account received from public entities managing the the resources of which the institution is the holder and the recovery of the balance which is in favour of the institution when the final settlement of those resources is carried out, as the accounts are less than the total amount of the collection.

b) It will be loaded with credit to:

b.1) Account 442, "Debtors for collection service", when making the final settlement of resources managed by another public entity, for the amount of collection effectively obtained.

b.2) Accounts of sub-group 57, "Cash and equivalent liquid assets", for remittances or deliveries of funds made by the institution; in particular, when the final settlement of resources managed by another public entity is an amount of deliveries at account exceeding that of the collection actually obtained, by reintegrating the amount received into excess.

554. Charges pending application.

A creditor account intended to collect the charges that are produced in the entity and that are not applicable to its definitive concepts for being this provisional application a prior procedure for its subsequent definitive application.

It shall be included in the current liabilities of the balance sheet under heading III, "Creditors and other accounts payable in the short term".

Your movement, with a general character, is as follows:

a) It will be paid out of:

a.1) Sub-group 57 accounts, "Cash and equivalent liquid assets", for the realization of the charges.

a.2) Account 442, "Debtors for collection service", for the charges that are made in the entities entrusted with the management of recovery, when the accounting is carried out prior to the receipt of the funds, agreement with the established management procedures.

(b) The account shall be debited from the account corresponding to the nature of the recovery.

555. Payments pending application.

Debtor account that collects payments made by the entity when, exceptionally, its origin is unknown, and in general, those that cannot be definitively applied.

It shall be included in the current assets of the balance sheet under heading I, "Debtors and other accounts receivable in the short term".

Your movement, with a general character, is as follows:

(a) It shall be charged, for payments made, with credit to sub-group 57 accounts, "Cash and equivalent liquid assets".

(b) It shall be paid, by the final application of the payment, at the time of obtaining such information, from the account to which it is to be charged.

556. Internal cash movements.

Collects the transfer of funds between different treasury accounts of the entity subject of the accounting.

It shall be included in the current assets of the balance sheet under item IV, "Cash and other equivalent liquid assets".

Your movement, with a general character, is as follows:

(a) The account corresponding to the sub-group 57, "Cash and equivalent liquid assets", shall be debited from the cash outflow.

(b) The account corresponding to the sub-group 57 shall be paid by the entry of funds from other treasury accounts.

NOTE: Using this account is optional.

557. Formalization.

Account intended to collect collections and payments that are offset without real cash movement.

Your movement, with a general character, is as follows:

(a) It will be charged, for the fees of that nature, with credit to the account that must serve as a counterpart according to the nature of the operation that originates them.

(b) It shall be paid, for payments of that nature, from the account to be served by the counterparty in accordance with the nature of the operation that originates them.

Your balance will always be zero.

NOTE: Using this account is optional.

558. Provisions of funds for payments to be justified and fixed cash advances.

Collects the situation and the movements of funds released for payments to justify and fixed cash advances, in favor of organically integrated paying cashiers in the accounting entity.

It shall be included in the current assets of the balance sheet under heading I, "Debtors and other accounts receivable in the short term".

Your move is as follows:

a) It will be loaded, with credit to:

a.1) Account 400, " Creditors for recognised obligations. Current expenditure budget ", for the allocation to the budget of the funds provisions.

The previous seat shall be shown as a negative sign for reintegrating the amounts not invested or not justified by the recipients of funds to justify when they are applied to the expenditure budget.

a.2) The account of the sub-group 57, "Cash and equivalent liquid assets" corresponding to the payments made to the final creditors and the repayment of the amounts not invested or not justified by the recipients of funds freed to justify.

b) It will be paid, from:

b.1) Account 400, to the cancellation of the fixed cash advance.

b.2) The representative account of the expenditure incurred or the account 413 "Creditors for outstanding transactions to be applied to the budget", after the supporting account has been approved.

b.3) The account of the sub-group 57 corresponding to the receipt in the cash-out or restricted account of the funds from the accounts for payments to be justified or for repositions of fixed cash advances.

b.4) Account 430, " Debtors for recognized rights. Current income budget ", by reintegrating the amounts not invested, or not justified by the recipients of funds freed to justify, when applied to the revenue budget.

559. Other items pending application.

Account that collects collections, when their origin is unknown and whether or not they are budgetary and, in general, those that cannot be definitively applied for causes other than those provided for in other accounts.

It shall be included in the current liabilities of the balance sheet under heading III, "Creditors and other accounts payable in the short term".

Your movement, with a general character, is as follows:

(a) It shall be paid out of the accounts of sub-group 57, "Cash and equivalent liquid assets", or account 554, "outstanding items", as applicable, for charges, the definitive application of which is not known.

(b) The account shall be charged to the account to be charged for the collection, at the time of obtaining this information, for the final application of the information.

56. BONDS AND DEPOSITS RECEIVED AND CONSTITUTED IN THE SHORT TERM AND ADJUSTMENTS FOR THE PERIOD.

560. Bonds and deposits received in the short term.

565. Bonds and deposits made up in the short term.

567. Financial expenses paid in advance.

568. Financial revenues charged in advance.

The part of the bonds and deposits, received or constituted, in the long term that has a short maturity must be included in the liability or current assets of the balance sheet; for this purpose, the amount that will be transferred to this sub-group will be transferred to this sub-group. represent long-term bonds and deposits with short maturity of the corresponding accounts of sub-groups 18, "long-term deposits and deposits", and 27, "long-term securities and deposits".

560. Bonds and deposits received in the short term.

Cash received as a guarantee of compliance with an obligation or an irregular deposit, no longer than one year.

It shall be included in the current liabilities of the balance sheet under heading II, "Short-term debt".

Your move is as follows:

(a) To be paid, to the constitution, under the account 430 " Debtors for recognized rights. Current income budget "or to sub-group 57" Cash and equivalent liquid assets " as set out in the applicable rules.

b) It will be loaded with credit to:

b.1) Account 400 " Creditors for recognised obligations. Current expenditure budget " or to sub-group 57 accounts, to the cancellation, as appropriate.

b.2) Account 778 "Exceptional Income", for non-compliance with the established obligation to determine losses on the bond.

565. Bonds and deposits made up in the short term.

Cash delivered as a guarantee of compliance with an obligation or an irregular deposit, no longer than one year.

It shall be included in the current asset of the balance sheet under heading II, "Short-term financial investments".

Your move is as follows:

(a) It shall be charged, to the constitution, for the cash delivered, with credit to the account 400 " Creditors for recognized obligations. Current expenditure budget "or to the accounts of sub-group 57" Cash and equivalent liquid assets " as laid down in the applicable rules.

b) Be paid from:

b.1) Account 430 " Debtors for recognised rights. Current income budget " or to sub-group 57 accounts, to cancellation, as appropriate.

b.2) The account 678 "Exceptional expenses", for non-compliance with the established obligation to determine losses on the bond.

567. Financial expenses paid in advance.

Financial expenses paid by the entity corresponding to the following year.

It shall be included in the current asset of the balance sheet under heading III, "Adjustments to Accruals".

Your move is as follows:

(a) The closing of the financial year shall be charged to the accounts of subgroup 66, "Financial expenses", which have recorded the financial expenses to be charged to the subsequent financial year.

(b) It shall be paid at the beginning of the following financial year from the accounts of subgroup 66.

568. Financial revenues charged in advance.

Financial revenue collected by the entity and corresponding to the following year.

The current liability of the balance sheet shall be shown under item IV, "Short-term adjustment for short-term adjustment".

Your move is as follows:

(a) The financial income to be charged to the subsequent financial year shall be paid at the end of the financial year by the accounts of the sub-group 76, ' Financial income

.

(b) The following year shall be charged with credit to the accounts of subgroup 76.

57. CASH AND EQUIVALENT LIQUID ASSETS.

570. Operating box.

571. Banks and credit institutions. Operational accounts.

573. Banks and credit institutions. Collection restricted accounts.

574. Restricted box.

575. Banks and credit institutions. Payment restricted accounts.

577. Liquid assets equivalent to cash.

The accounts of this subgroup shall be included in the current balance sheet asset under heading IV, "Cash and other equivalent liquid assets".

570. Operating box.

Liquid media disposal.

Your move is as follows:

(a) It shall be charged, at the entry of liquid means, with credit to the accounts which are to be used as a counterpart according to the nature of the operation giving rise to the recovery.

(b) It shall be paid, upon departure, from the accounts to be served as a counterpart according to the nature of the transaction giving rise to the payment.

571. Banks and credit institutions. Operational accounts.

Balances in favor of the entity in operating accounts, of immediate availability, in banks and credit institutions.

Your movement, with a general character, is as follows:

(a) It shall be charged, for cash or transfers received, with credit to the accounts to be used as a counterpart according to the nature of the transaction resulting in the recovery.

(b) It shall be paid, by the total or partial provision of the balance, from the accounts which are to be used as a counterpart in accordance with the nature of the transaction giving rise to the payment.

573. Banks and credit institutions. Collection restricted accounts.

Balances in favor of the entity in collection restricted accounts.

Your movement, with a general character, is as follows:

(a) It shall be charged, for the cash, with credit to the accounts to be served as a counterpart according to the nature of the transaction that results in the collection.

(b) It shall be paid, for the transfers made, from the corresponding account of this same subgroup.

574. Restricted box.

Liquid Disposal for payments to be justified and fixed cash advances.

Your movement, in general, is as follows:

a) It will be loaded, with credit to:

a.1) Account 558, "Provisions of funds for payments to be justified and fixed cash advances", by the inflows of liquid funds from booklets for payments to justify or repositions of fixed cash advances.

a.2) Accounts of subgroup 57, "Cash and equivalent liquid assets" by the establishment of the fixed cash advance.

b) Be paid from:

b.1) Account 558, for payments to final creditors and for the repayment of funds to be justified.

b.2) Sub-group 57 accounts, "Cash and equivalent liquid assets", for the repayment of funds by the cashier when the fixed cash advance is cancelled.

575. Banks and credit institutions. Payment restricted accounts.

Balances in favor of the entity in payment restricted accounts.

Your move is as follows:

(a) It shall be charged for the entries of funds, including those for the establishment of fixed cash advances, with credit to the account of sub-group 57, "Cash and equivalent liquid assets", as appropriate. Where the entries of funds come from booklets for payments to be justified or for repositions of fixed cash advances, account 558, "Provisions of funds for payments to be justified and fixed cash advances" shall be paid.

(b) It shall be paid, by the total or partial provision of the balance, from the accounts which are to be used in return in accordance with the nature of the transaction to be paid. Where the provisions correspond to payments to be justified or fixed cash advances those accounts shall be as follows:

b.1) Account 558, for payments to final creditors and for the repayment of funds to be justified.

b.2) Sub-group 57 accounts, for the reimbursement of funds by the cashier when the fixed cash advance is cancelled.

577. Liquid assets equivalent to cash.

High-liquidity financial investments, which meet all of the following conditions:

-They are made with the objective of renting out temporary surplus cash and are part of the normal liquidity management of the entity.

-At the time of their formalization they have a maturity of no more than 3 months.

-They are easily convertible into certain amounts of cash without incurring significant penalties.

-They are not subject to risk of changes to their value.

Your movement, with a general character, is as follows:

a) It will be loaded with credit to:

a.1) account 571, " Banks and credit institutions. Operating accounts ", or to account 400," Creditors for recognised obligations. Current expenditure budget ", if the operation had to be charged to the budget.

a.2) account 769, "Other financial income" for the explicit or implied interest accrued.

(b) It shall be paid for the amount received at the time of the disposal or liquidation of the investment, generally taken into account 571, " Banks and credit institutions. Operational accounts ", or account 430," Debtors for recognised rights. Current revenue budget ", if the operation had to be imputed to the budget.

58. SHORT-TERM PROVISIONS.

582. Short term provision for responsibilities.

583. Short-term provision for decommissioning, withdrawal or rehabilitation of non-financial fixed assets.

585. Short term provision for return of income.

588. Short term provision for transfers and grants.

589. Other short-term provisions.

Collects the provisions included in subgroup 14, "Long-term Provisions", the cancellation of which is expected in the short term, as well as provisions that at the time of recognition are expected to be cancelled within a period of time. not more than one year.

The accounts of this subgroup shall be included in the current liabilities of the balance sheet under heading I, "Short-term Provisions".

The movement of the accounts of this subgroup is analogous to that of the corresponding sub-group 14 accounts, "Long-term Provisions".

585. Short term provision for return of income.

Collects the tax and other income returns that the entity expects to make within a period of not more than one year, in respect of which there is uncertainty about its exact amount or its maturity.

Your movement, with a general character, is as follows:

(a) The estimated amount of revenue returns that the institution has to carry out at the close of the financial year, from the corresponding accounts of groups 6, "Purchasing and expenditure by nature", and 7, " Sales and income by nature. "

b) It will be loaded with credit to:

b.1) Account 418, "Creditors for return of income and other minorations", at the time the revenue return agreement is issued.

b.2) Account 795, "Excess of provisions", for the positive difference between the amount of the existing provision at the end of the preceding financial year and the amounts actually returned from it.

59. IMPAIRMENT OF SHORT-TERM FINANCIAL INVESTMENT VALUE.

594. Impairment of short term equity value.

595. Impairment of value of debt securities in the short term.

596. Impairment of short-term credit value.

598. Impairment of other short-term financial investments.

Collects the value corrections motivated by the impairment losses of the financial assets included in this group.

The amount of the impairment of long-term financial investments, listed in sub-group 29, "Impairment of non-current assets", shall be transferred to this sub-group when such investments are made. are transferred to this group.

The accounts of this sub-group shall, in the current balance sheet assets, be the item on which the relevant asset item is listed.

594. Impairment of short term equity value.

Value impairment adjustments for the value of short-term holdings classified in the category of financial assets at cost.

Your move is as follows:

(a) It shall be paid for the amount of the estimated impairment that is to be attributed to results, under account 696, "Loss of impairment of shareholdings".

b) It will be loaded, with credit to:

b.1) Account 796, "Reversion of the impairment of shareholdings", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) Account 540, "Short-term financial investments in equity instruments", where the shares are held or are discharged from the asset for any other reason.

595. Impairment of value of debt securities in the short term.

Impairment valuation of short-term investment value in representative debt securities classified in the category of financial assets at amortised cost.

Your move is as follows:

(a) It shall be paid for the amount of the estimated impairment, under account 697, "Loss of impairment of debt securities".

b) It will be loaded, with credit to:

b.1) The account 797, "Reversion of the impairment of debt securities", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) Account 541, "Short-term representative debt securities", when securities are issued or are discharged from the asset for any other reason.

596. Impairment of short term loans.

Impairment values for impairment of the value of credits granted.

Your move is as follows:

(a) It shall be paid for the amount of the estimated impairment, under account 698, "Loss of credit impairment and other financial investments".

b) It will be loaded, with credit to:

b.1) Account 798, "Reversion of impairment of credits and other financial investments", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) Account 542, "Short-term credits", when they are cancelled or when they are discharged from the debtor's final insolvency asset and, in the latter case, by the credit side that is non-performing.

598. Impairment of other short-term financial investments.

Value impairment for impairment of the value of bonds and deposits made up of short and short-term impositions.

Your move is as follows:

(a) They shall be paid for the amount of the estimated impairment, under account 698, "Loss of credit impairment and other financial investments"

b) It will be loaded, with credit to:

b.1) Account 798, "Reversion of impairment of credits and other financial investments", when the causes that determined the recognition of the impairment valuation correction disappear.

b.2) The representative account of the financial asset, when they are cancelled or when they are discharged from the debtor's final insolvency asset and, in the latter case, the non-performing balance part.

GROUP 6. PURCHASES AND EXPENSES BY NATURE

Comprises the accounts intended to collect, in accordance with its nature or destination, the expenses attributable to the financial income of the financial year.

In general, all group 6 accounts, "purchases and expenses by nature", are paid, at the end of the financial year, to account 129, "profit for the year", thereby exposing the movements of the successive accounts of the The group shall only refer to the reasons for the charge. The exceptions shall include the reasons for the payment and the counterpart accounts.

62. EXTERNAL SERVICES.

621. Leases and royalties.

622. Repairs and preservation.

629. Supplies, communications and other services.

Services of a different nature acquired by the entity, which are not part of the purchase price of fixed assets or financial investments.

The sub-group accounts shall generally be charged to the accounts of the sub-group 40, "Budget creditors", for the recognition of the obligation.

621. Leases and royalties.

Amount of expenses, accrued by the rental or operating lease of goods, furniture and buildings, as well as the fixed or variable amounts that are satisfied by the right to use or to the use of the different manifestations of industrial property or intellectual property.

622. Repairs and preservation.

In this account, the costs of holding the assets accounted for in Group 2, "Non-current assets", shall be accounted for, provided that they are on behalf of the entity.

629. Supplies, communications and other services.

This will include electricity and any other supplies that do not have the quality of storage, telephone, telex, telegraph and postal charges or other means of communication, as well as expenses not included in the previous accounts.

This account will include, among others, the travel expenses of the entity's staff, including transportation expenses, and office expenses.

63. Tributes.

630. Tributes.

630. Tributes.

This account accounts for the taxes required of the entity when it is a taxpayer, except if the taxes are to be accounted for in other accounts, such as those that increase the expenditure for purchases made.

The negative and positive adjustments of indirect taxation will also be recorded in this account.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Generally, to account 400, " Creditors for recognized obligations. Current expenditure budget ", to the recognition of the obligation.

a.2) For the amount of the negative differences resulting in the deductible input VAT, when the annual regularisations resulting from the application of the prorrata rule, to the account 400, "creditors for obligations" are applied recognised. Current expense budget ".

Simultaneously, two consecutive seats will be held. Account 472, "Hacienda Pública, IVA supported", will be charged with credit to the account 410 "Creditors for VAT incurred". This seat is a negative sign. Second, the account 400, ' Creditors for recognised obligations, will be charged. Current expenditure budget ", with credit to account 410," Creditors for input VAT ".

(b) Account shall be paid out of account 430, " Debtors for recognised rights. Current revenue budget ' for the amount of positive differences resulting in deductible input VAT, when the annual regularisations resulting from the application of the pro rata rule are applied.

Simultaneously, two consecutive seats will be held. Account 472, "Public Finance VAT Supported", will be charged first, with credit to the account 410, "Creditors for VAT supported". Second, the account 410, "Creditors for input VAT", with credit to account 430, shall be charged, " Debtors for recognised rights. Current revenue budget ".

64. STAFF AND SOCIAL BENEFITS EXPENSES.

640. Staff and social benefits expenses.

640. Staff and social benefits expenses.

The remuneration of staff, whatever the form or the concept by which they are satisfied, is collected in this account from the entity to the social security and pension systems of the staff to their service and the other social expenditure of the staff dependent on it.

The compensation for early retirement and early retirement, grants to economates and canteens, training of staff when contracted with services from abroad, grants for study grants are cited as an indication. transport of staff to your centre or place of work, premiums for life insurance contracts, accidents, sickness, etc.

Pensions to persons who are not the result of prior benefits from the beneficiaries will be charged to the account 650, "Transfers and grants".

Your move is as follows:

You will be charged with credit, generally, to account 400, " Creditors for recognized obligations. Current expenditure budget ", for the recognition of the obligation.

65. TRANSFERS AND GRANTS.

650. Transfers and grants.

650. Transfers and grants.

Transfers are subject to cash or in-kind delivery without direct consideration by the beneficiaries, with the aim of financing non-singularized operations or activities.

The grants are intended for a cash or in-kind delivery without direct consideration by the beneficiaries, for an purpose, purpose, activity or specific project, with the obligation on the part of the a beneficiary of the conditions and requirements which would have been established or, if not, to be reimbursed.

Your move is as follows:

a) It will be loaded with credit to:

a.1) Generally, account 400, " Creditors for recognised obligations. Current expenditure budget ", at the time the transfer or grant is due, liquid and enforceable.

a.2) The account that corresponds according to the nature of the property that is delivered, in the case of transfers or grants in kind.

66. FINANCIAL EXPENSES.

662. Interest on debts.

664. Losses in financial instruments at fair value.

665. Losses in financial instruments at amortised cost or cost.

667. Bad credit losses.

669. Other financial expenses.

662. Interest on debts.

Amount of interest on loans received and other outstanding debts to write down, whatever the way such interest is implemented.

Your move is as follows:

It will be loaded:

(a) The accrual of interest with credit, generally, to sub-group 17 accounts, "Long term debt for loans received and other items", and 52, "Short term debt for loans received and other concepts".

b) For the amount of interest accrued and due in the financial year, with credit to the account 400, " Creditors for recognised obligations. Current expense budget ".

664. Losses in financial instruments at fair value.

Losses arising from the fair value valuation of all financial instruments classified in the category of financial assets at fair value with changes in results.

It will be charged for the decrease in the fair value of the financial assets classified in this category with credit to account 540, "Short-term financial investments in equity instruments" or account 541, " Securities representative of short-term debt, as appropriate.

665. Losses in financial instruments at amortised cost or cost.

losses caused by the loss, disposal, or cancellation of financial instruments valued at amortised cost or cost, except losses of claims to be included in account 667, " Loss of claims uncollectible ".

It will be charged for the loss produced, with credit to sub-groups 17, "Long-term debt for loans received and other concepts", 26, "Long-term financial investments", 52, " Short term loans for loans received and other concepts "and 54," Short-term financial investments ".

667. Bad credit losses.

Losses produced by firm insolvencies and by prescription of credits granted and other receivables.

It will be charged for the loss produced with credit to the representative account of the credit or right of recovery or, in the case of losses of budgetary receivables, account 438, "Rights cancelled from current budget" or Account 439, "cancelled rights of closed budgets", as applicable.

669. Other financial expenses.

Expenses of a financial nature not collected in other accounts of this subgroup. This includes interest on late payment, expenses for formalisation of debts, interest on deposits received and charges for bank transfers.

It will be charged, for the amount of expenses incurred, with credit, generally, to the account 400, " Creditors for recognized obligations. Current expense budget ".

67. LOSSES FROM NON-CURRENT ASSETS, OTHER EXPENSES OF ORDINARY MANAGEMENT AND EXCEPTIONAL EXPENSES.

670. Losses from non-financial fixed assets.

676. Other loss of ordinary management.

678. Exceptional expenses.

670. Losses from non-financial fixed assets.

losses generally produced by the disposal of intangible fixed assets, material, real estate investments and public land assets, or by the reduction in total or partial inventory as a result of irreversible depreciations of those assets.

It will be charged, for the loss produced, with credit to the accounts of the subgroups 20, "Intangible assets", 21, "Material assets", 22, "Real estate investments", or 24, "Public property of the soil", which correspond.

676. Other loss of ordinary management.

Those with this nature do not appear in previous accounts. In particular, it will reflect the annual regulation of tools and tools.

It will be charged, for the loss produced, with credit to the corresponding account according to the nature of the decrease.

678. Exceptional expenses.

Exceptional losses and expenses and significant amounts that are not to be accounted for in other group 6 accounts, "purchases and expenses by nature".

Sanctions and fines, those produced by floods and other accidents, fires, compensation to third parties and the loss or reduction of bonds shall be included in any case.

Your move is as follows:

It will be charged, for the amount of exceptional expenses, with credit to the account that corresponds to the nature of the expenses.

68. ENDOWMENTS FOR REDEMPTIONS.

680. Amortization of intangible fixed assets.

681. Depreciation of tangible fixed assets.

682. Depreciation of real estate investments.

684. Amortization of the public property of the soil.

680/681/682/684. Amortization of ...

Expression of the effective annual systematic depreciation suffered by intangible fixed assets, material, real estate investments and public land assets.

To be charged, for the financial year, with credit to sub-group 28 accounts, "Cumulative amortization of fixed assets".

69. IMPAIRMENT LOSSES.

690. Impairment losses on intangible fixed assets.

691. Impairment losses on tangible fixed assets.

692. Impairment losses on real estate investments.

693. Losses from deterioration of the public property of the soil.

696. Impairment losses on shareholdings.

697. Impairment losses of debt securities.

698. Impairment losses on loans and other financial investments.

690/691/692/693. Impairment losses of ...

Value correction for reversible impairment of intangible fixed assets, material, real estate investments and public property of the soil.

It will be charged, for the amount of the estimated impairment, with credit to the accounts 290, "Impairment of value of intangible fixed assets", 291, "Impairment of value of tangible fixed assets", 292, " Impairment of value of investments property "and 293," Impaired soil value of the soil ", respectively.

696. Impairment losses on shareholdings.

Valuation correction, for impairment of the equity value of equity.

It will be charged, for the amount of the estimated impairment, with credit to the corresponding accounts of sub-groups 29, "Impairment of non-current assets", and 59, "Impairment of short-term financial investment value".

697. Impairment losses of debt securities.

Valuation correction, for impairment of the value of debt securities

It will be charged, for the amount of the estimated impairment, with credit to the corresponding accounts of sub-groups 29, "Impairment of non-current assets", and 59, "Impairment of short-term financial investment value".

698. Impairment losses on loans and other financial investments.

Valuation correction, impairment of value in loans, bonds and deposits of sub-groups 26, "long-term financial investments", 27, "Long-term bonds and deposits", 54, "Short-term financial investments" "and 56", "Bails and deposits received and made up in the short term and adjustments for the period" and group 4, "Creditors and debtors".

To be charged, for the amount of the estimated impairment, with credit to the corresponding accounts of subgroups 29, "Impairment of non-current assets", and 59, "Short-term impairment of financial investment value" or to the account 490 "Credit Value Impairment", as applicable.

When the second alternative provided for in account 490 is used, the accounting definition and movement shall be adapted to that set out in that account.

GROUP 7. SALES AND REVENUE BY NATURE

Understands the resources accruing from the entity's tax capacity and the income from the exercise of its activity, as well as other income attributable to the financial income of the financial year.

In general, all accounts in Group 7, "Sales and Revenue by Nature", are charged at the end of the financial year with credit to account 129, "Result of the financial year", thereby exposing the game of the group's successive make reference to the reasons for payment. The exceptions shall include the reasons for the charge and the counterpart accounts.

The cancellations of revenue-driven budgetary receivables collected in this group's accounts will be recorded by a charge to the corresponding account of Group 7, "Sales and Revenue by Nature", with credit to the Account 433, "Current budget nullified rights". In addition, the return arrangements for budgetary revenue from revenue collected in the accounts of this group shall be recorded by a charge to the account corresponding to group 7, "Sales and revenue by nature", with credit to the account 418, "Creditors for return of income and other minorations", at the time the return agreement is issued.

72. DIRECT TAXES.

724. Real estate tax.

725. Tax on mechanical traction vehicles.

726. Tax on the increase in the value of land of an urban nature.

727. Tax on economic activities.

728. Other taxes.

This subgroup collects all types of income required without consideration, the taxable fact of which is constituted by businesses, acts or acts of a legal or economic nature that show the contributory capacity of the a taxable person, as a result of the possession of a property or the acquisition of an income.

The movement of accounts in this subgroup is as follows:

(a) They shall be paid, for the amount of the tax paid, to account 430 " Debtors for recognised rights. Current revenue budget ".

(b) Account 585, "Short-Term Provision for Return of Income", at the end of the financial year, shall be charged for the non-recognised expected returns.

724/.../727. Tax on ...

Each of these accounts collects the tax and, where applicable, the surcharge referred to in its name.

728. Other taxes.

Collect other direct taxes not included in other accounts in this subgroup. For example, they can be cited: the extinguished taxes and the surcharges on taxes of the State or the Autonomous Communities.

73. INDIRECT TAXES.

733. Tax on buildings, installations and works.

735. Municipal tax on sumptuous expenses.

739. Other taxes.

Any type of income required without consideration, the taxable fact of which is constituted by business, acts or acts of a legal or economic nature, which reveal the capacity of the person concerned, shall be included in this subgroup. the taxpayer's contribution, as a result of the movement of goods or expenditure.

The movement of accounts in this subgroup is as follows:

(a) They shall be paid, for the amount of taxes accrued, under account 430, " Debtors for recognized rights. Current revenue budget ".

(b) Account 585, "Short-Term Provision for Return of Income", at the end of the financial year, shall be charged for the non-recognised expected returns.

733/735. Tax ...

Each of these accounts collects the tax that your denomination refers to.

739. Other taxes.

Collects indirect taxes not included in other accounts in this subgroup. For example, they can be cited: the extinguished taxes and the surcharges on taxes of the State or the Autonomous Communities.

74. RATES, PUBLIC PRICES, SPECIAL CONTRIBUTIONS AND URBAN INCOME.

740. Fees for the provision of services or performance of activities.

741. Public prices for the provision of services or performance of activities.

742. Fees for private use or special use of the public domain.

744. Special contributions.

745. Revenue from urban actions.

746. Urban development.

The movement of accounts in this subgroup is as follows:

To be paid, for the amount of the fee, public price, special contribution or urban income, as applicable, under the account 430, " Debtors for recognized rights. Current revenue budget ".

740. Fees for the provision of services or performance of activities.

Revenue of public and tax law that are required as a result of the provision of services or performance of activities by the entity.

741. Public prices for the provision of services or performance of activities.

Revenue of public law which is required as a result of supplies of goods associated with certain services and the provision of services or the performance of activities under public law which do not have the rate tax character.

742. Fees for private use or special use of the public domain.

Revenue of public and tax law that are required as a result of the private use or special use of the public domain.

744. Special contributions.

Revenue from public law arising from the performance by the public works entity or from the establishment or extension of public services.

745. Revenue from urban actions.

Revenue from public law derived from urban actions, as a result of contributions required through a law with the law of the competent public administrations to the petitioners of licenses or owners of the land to implement infrastructure complementary to the urbanization that is developed (urbanisation fee), or required by the entity to the owners of the land to be urbanized in order to finance the costs of urbanization (urbanization fees).

746. Urban development.

Revenue of public law from the canon for urban development established through a rule with the law of the competent public administrations received by declared actions of interest Community in non-urbanized soil, as well as those from the use of urban planning for administration, other than the previous licence fee.

75. TRANSFERS AND GRANTS.

750. Transfers.

751. Grants for non-financial expenses for the financial year.

752. Grants for the cancellation of generic debts.

753. Grants for the financing of non-financial fixed assets, which are attributed to the result of the financial year.

7530. Grants for the financing of non-financial assets imputed to the result of the exercise by amortisation.

7531. Grants for the financing of non-financial assets imputed to the result of the exercise by disposal or discharge.

754. Grants for current assets and expenses charged to the financial year.

755. Grants for financial expenses for the financial year.

756. Grants for the financing of financial transactions charged to the financial year.

Amounts to be charged to the result of the exercise by transfers and grants received.

750. Transfers.

Funds or goods received by the entity, without direct consideration for its part, for financing operations or non-singularized activities.

It will be paid from:

(a) Generally, account 430, " Debtors for recognised rights. Current income budget ", at the time the transfer is due, liquid and enforceable.

(b) The account corresponding to the nature of the goods received, in the case of transfers in kind.

751. Grants for non-financial expenses for the financial year.

Funds or assets received by the institution to finance specific and specific current transactions accrued in the financial year. These include grants to the institution to ensure a minimum return or to finance expenditure for the financial year.

Your move is analogous to the one pointed out for account 750, "Transfers".

752. Grants for the cancellation of generic debts.

Collects those received by the entity for the cancellation in the exercise of debts that do not involve a specific financing of a patrimonial element.

Your move is as follows:

It will be paid from:

(a) Generally, to account 430, " Debtors for recognized rights. Current income budget ", at the time the grant is due, liquid and enforceable.

b) The representative account of the corresponding debt, in the case of debt assumption by other entities.

753. Grants for the financing of non-financial fixed assets attributed to the result of the financial year.

Amount transferred to the result of the exercise of grants received for the financing of non-financial fixed assets.

It will work through your divisionaries.

The content and movement of the sub-accounts you understand is as follows:

7530. Grants for the financing of non-financial assets imputed to the result of the exercise by amortisation.

It shall be paid, at the time of the allocation to the account of the economic result of the grant for the amortisation of the non-financial fixed assets, from account 130, " Grants for the financing of the non-financial fixed assets ".

7531. Grants for the financing of non-financial assets imputed to the result of the exercise by disposal or discharge.

It shall be paid, at the time of the allocation to the account of the economic result of the grant for the disposal or discharge of the asset, under account 130, " Subventions for the financing of the fixed assets financial ".

754/756. Grants for ... to be charged to the financial year.

Amount transferred to the result of the exercise of grants received for the financing of current assets and expenses, and of financial operations.

It shall be paid, at the time of the allocation to the account of the financial assets result of the grant, from account 131, "Grants for the financing of current assets and expenses", or 132, " Grants for the financing of financial operations ", depending on their destination.

755. Grants for financial expenses for the financial year.

Funds or assets received by the institution to finance specific and specific financial transactions accrued in the financial year.

Your move is analogous to the one pointed out for account 750, "Transfers".

76. FINANCIAL REVENUE.

760. Income from equity holdings in equity.

761. Income from securities representing debt, credit and other financial investments.

764. Profit in financial instruments at fair value.

765. Profit in financial instruments at amortised cost or cost.

769. Other financial income.

760. Income from equity holdings in equity.

Income in favour of the entity, accrued in the financial year, from equity holdings.

It shall be paid, for the amount of the dividends to be charged to account 430, " Debtors for recognized rights. Current income budget ", for dividends due in the financial year, and for account 545," Dividend receivable ", for dividends with a subsequent maturity (agreed and not due).

761. Income from securities representing debt, credit and other financial investments.

Interest in securities representing debt, credit and other financial investments, accrued in favour of the institution in the financial year, including interest corresponding to the allocation, according to the method of the type of effective interest, the difference between the redemption value at maturity and the initial value of the debt.

To be paid, to the accrual of interest, from the corresponding accounts of sub-groups 26, "Long-term financial investments", or 54, "Short-term financial investments", as appropriate and to account 430, " Debtors for recognised rights. Current income budget ", for the amount of interest accrued and due in the financial year.

764. Profit in financial instruments at fair value.

Benefits arising from the fair value valuation of all financial instruments classified in the category of financial assets at fair value with changes in results.

It shall be paid for the increase in the fair value of the financial assets under account 540, "Short-term financial investments in equity instruments" or account 541, " Short-term debt securities "deadline", as appropriate.

765. Profit in financial instruments at amortised cost or cost.

Benefits produced by the decline, disposal, or cancellation of financial instruments valued at amortised cost or cost.

It will be paid for the profit produced, from sub-group 17 accounts, "Long-term debt for loans received and other items", 26, "Long-term financial investments", 52, " Short term loans for loans received and other concepts ", and 54," Short-term financial investments ".

769. Other financial income.

Revenue of financial nature not collected in other accounts of this subgroup. It is possible to cite, among others, commission for guarantees and insurance in financial transactions with the outside, interest on late payment for all the concepts, interest of bank current accounts opened in credit institutions, the surcharges of the period executive, as well as the extemporaneous declaration.

It shall be paid, for the amount of accrued income, payable to account 430, " Debtors for recognized rights. Current revenue budget ".

77. PROFITS FROM NON-CURRENT ASSETS, OTHER INCOME FROM ORDINARY MANAGEMENT AND EXCEPTIONAL INCOME.

770. Benefits from non-financial fixed assets.

775. Reintegrate.

777. Other income.

778. Exceptional revenue.

770. Benefits from non-financial fixed assets.

Benefits produced, in general, by the disposal of intangible fixed assets, material, real estate investments and public land assets.

Your move is as follows:

Account 430, " Debtors for recognized rights shall be credited. Current income budget ", for the benefit obtained in the disposal.

775. Reintegrate.

Collects the amount of payment reintegrals derived from economic expenses that have little relative importance and that, in accordance with applicable regulations, are to be imputed to the entity's revenue budget.

Reintegrals of relative importance shall be recorded in the relevant expense account by nature, except for errors resulting from previous financial years that are recorded in account 120, "Previous exercise results".

Your move is as follows:

To be paid, to the recognition of the budget revenue, from account 430, " Debtors for recognized rights. Current revenue budget ".

777. Other income.

Non-financial income, not collected in other accounts, accrued by the entity. For example, they can be cited: the accruals for the rental of movable and immovable property for the use or disposal of third parties, those arising from the eventual provision of certain services to third parties, any eventual resources of all the branches, fines and penalties, etc.

Your move is as follows:

To be paid, to the recognition of the budget revenue, from account 430, " Debtors for recognized rights. Current revenue budget ".

778. Exceptional revenue.

Benefits and income of exceptional character and significant amount that are not to be accounted for in other group 7 accounts, "Sales and income by nature".

They will be included, in any case, from those credits that in their day were amortized by firm insolvencies, derivatives of the prescription of bonds as well as derivatives of the reversal of assets delivered in grant or early reversal of assets transferred in use free of charge, for non-compliance with the conditions by the beneficiary.

Your move is as follows:

To be paid, to the recognition of the income, from the account that corresponds according to the origin of the same.

78. JOBS PERFORMED FOR THE ENTITY.

780. Work done for intangible fixed assets.

781. Work carried out for the fixed assets.

782. Work done for real estate investments.

783. Work carried out for the fixed assets and real estate investments.

784. Work carried out for the public heritage of the soil.

785. Financial expenditure charged to intangible fixed assets.

786. Financial expenditure charged to fixed assets.

787. Financial expenses charged to real estate investments.

788. Financial expenses charged to the fixed assets and investments in progress.

789. Financial expenses charged to the public property of the soil.

The accounts of this subgroup collect the cost of the work performed by the entity for its immobilized, using its equipment and personnel, which are activated.

During the financial year the expenses arising from the execution of such works shall be charged to group 6 accounts, "Purchases and expenses by nature", with credit to sub-group 40 accounts, "Budget creditors".

780. Work done for intangible fixed assets.

Counterpart of research and development expenses and other expenses for the creation of the goods included in the subgroup 20, "Intangible assets".

To be paid, for the annual amount of the expenditure that is the subject of inventory, from the accounts of the subgroup 20, "Intangible assets".

781. Work carried out for the fixed assets.

Counterpart of the expenses incurred by the entity for the construction or expansion of the goods and items included in the subgroup 21, "Material assets".

To be paid, for the annual amount of the expenses, from the accounts of the subgroup 21, "Material assets".

782. Work done for real estate investments.

Counterpart of the expenses incurred by the entity for the construction or extension of the goods and items included in the subgroup 22, "Real estate investments".

To be paid, for the annual amount of the expenses, from the accounts of the subgroup 22, "Real estate investments".

783. Work carried out for the fixed assets and real estate investments.

Jobs performed during the exercise and not terminated at the end of the exercise.

It will be paid, for the annual amount of expenses, from the accounts of subgroup 23, "Material assets and property investments in progress".

784. Work carried out for the public heritage of the soil.

Counterpart of the expenses incurred by the entity for the construction or extension of the goods included in subgroup 24, "Public property of the soil", terminated or not in the financial year.

It shall be paid, for the annual amount of expenditure, from the accounts of subgroup 24, "Public property of the soil".

785. Financial expenditure charged to intangible fixed assets.

Counterpart of financial expenses imputed to intangible fixed assets.

To be paid, for the annual amount of the chargeable financial expenses, from the accounts of subgroup 20, "Intangible assets".

786. Financial expenditure charged to fixed assets.

Counterpart of the financial expenses charged to the fixed assets.

To be paid, for the annual amount of the chargeable financial expenses, from sub-group 21 accounts, "Material assets".

787. Financial expenses charged to real estate investments.

Counterpart of financial expenses charged to real estate investments.

To be paid, for the annual amount of chargeable financial expenses, from accounts in subgroup 22, "Real estate investments".

788. Financial expenses charged to the fixed assets and investments in progress.

Counterpart of the financial expenses charged to the fixed assets and real estate investments.

To be paid, for the annual amount of the chargeable financial expenses, from the accounts of subgroup 23, "Material assets and property investments in progress".

789. Financial expenses charged to the public property of the soil.

Counterpart of expenses charged to the public property of the soil.

It shall be paid, for the annual amount of the chargeable financial expenses, from the accounts of subgroup 24, "Public property of the soil".

79. EXCESS AND APPLICATION OF PROVISIONS AND IMPAIRMENT LOSSES.

790. Reversal of impairment of intangible fixed assets.

791. Reversal of impairment of material immobilized.

792. Reversal of the deterioration of real estate investments.

793. Reversal of the deterioration of the public heritage of the soil.

795. Excess provisions.

796. Reversal of impairment of shareholdings

797. Reversal of impairment of debt securities.

798. Reversal of credit impairment and other financial investments.

799. Reversal of impairment by the divested usufruct of the tangible fixed assets.

790/791/792/793. Reversal of deterioration of .........

Value correction, recovery of value, intangible fixed assets, material, real estate investments and public property of the land, up to the amount of losses previously accounted for.

They will be paid for the amount of the value correction, charged to the accounts 290, "Impairment of value of intangible fixed assets", 291, "Impairment of value of tangible fixed assets", 292, " Impairment of value of investments "and 293," Impairment of the Public Heritage of the Soil ".

795. Excess provisions.

Positive difference between the amount of the existing provision and the amount corresponding to the closing of the financial year or at the time of the corresponding obligation.

It will be paid for the amount of the value correction, with the corresponding accounts of the subgroup 14, "Long-term Provisions", or of the subgroup 58, "Short-Term Provisions".

796. Reversal of impairment of shareholdings.

Valuation correction, for the recovery of the equity value in equity.

It will be paid for the amount of the value recovery, from the corresponding accounts of the sub-groups 29, "Impairment of non-current assets", and 59, "Impairment of short-term financial investment value".

797. Reversal of impairment of debt securities.

Valuation correction, by the recovery of the value of debt securities.

It will be paid for the amount of the value recovery, from the corresponding accounts of the sub-groups 29, "Impairment of non-current assets", and 59, "Impairment of short-term financial investment value".

798. Reversal of credit impairment and other financial investments.

Valuation correction, recovery of value in loans, bonds and deposits of sub-groups 26, "long-term financial investments", 27, "long-term assets and deposits", 54, "Financial investments" Short term "and 56", "Bails and deposits received and constituted in the short term and adjustments for the period" and group 4, "Creditors and debtors".

It will be paid for the amount of the recovery of value, from the corresponding accounts of the sub-groups 29, "Impairment of non-current assets", and 59, "Impairment of short-term financial investments" and Account 490, "Credit Value Impairment", as applicable.

When the second alternative provided for in account 490 is used, the accounting definition and movement shall be adapted to that set out in that account.

799. Reversal of impairment by the divested usufruct of the tangible fixed assets.

Value correction, by the value recovery of the transferred immobilized in use.

Account 299, "Impairment of value for usufruct transferred from tangible fixed assets" shall be paid, where the recoverable amount of the transferred fixed assets is higher than the book value with the limit of the book value if there would have been no deterioration.

GROUP 0. BUDGET CONTROL ACCOUNTS

Reflect the movement of the credits and forecasts contained in the budget.

The use of this group is optional by the entity.

00. BUDGETARY CONTROL. CURRENT YEAR.

000. Current exercise budget.

001. Expenditure budget: initial appropriations.

002. Expense budget: credit modifications.

003. Expenditure budget: final appropriations.

006. Revenue Budget: Initial forecasts.

007. Revenue Quote: Forecast Modification.

008. Revenue budget: final forecasts.

000. Current exercise budget.

Intended to collect the amount of revenue and expenditure budgets approved for each financial year and subsequent modifications.

Your move is as follows:

a) It will be paid out of:

a.1) The account 006 "Revenue budget: initial forecasts", for the amount of the approved revenue budget.

a.2) The account 007 "Revenue budget: changes to the forecasts", for the amount of the modifications that, through formal act, occur in the forecasts of income.

a.3) The account 003 "Budget of expenditure: definitive credits", at the time of closing, for the balance of this account.

b) It will be loaded with credit to:

b.1) Account 001 "Expense budget: initial appropriations", for the total amount of expenditure budget approved for each financial year.

b.2) Account 002 "Budget of expenditure: credit modifications", for subsequent amendments. If these are negative, the seat will be a negative sign.

b.3) Account 008 "Revenue Budget: Definitive Forecasts", for the amount of your balance at the time of closing.

The sum of the must indicate the total amount of the expense budget. The total of the revenue budget.

Although this account will generally appear settled, it may present a credit balance.

001. Expenditure budget: initial appropriations.

Amount of credits granted in the expenditure budget initially approved by the competent authority.

Your move is as follows:

(a) account shall be paid to the account 000 "current financial year", for the amount of the appropriations granted in the expenditure budget initially approved.

(b) You will be charged, simultaneously to the previous seat, with credit to the account 003 "Budget of expenditure: final credits", for the same amount.

This account will be displayed at all times.

002. Expenditure budget: changes in appropriations.

Collects the amendments to the budget appropriations approved by the competent authority, including the upward adjustments to the carry-over budget provided for in Article 21.3 of Royal Decree 500/1990 of 20 April.

Your move is as follows:

(a) account shall be paid to the account 000 "current financial year", for the amount of credit changes of a positive character. For credit modifications of a negative character, the seat shall be a negative sign.

(b) The account shall be debited from the account 003 "Budget of expenditure: final appropriations", for the amount of the credit changes of a positive nature. For credit modifications of a negative character, the seat shall be a negative sign.

This account will be displayed at all times.

003. Expenditure budget: final appropriations.

Collects all of the budget credits approved in the financial year, both initial and modifications.

Your move is as follows:

a) It will be paid out of:

a.1) The account 001 "Budget of expenditure: initial appropriations", for the appropriations initially included in the budget.

a.2) Account 002 "Budget of expenditure: changes of appropriations", for the amount of positive modifications that occur. For negative modifications, the seat shall be a negative sign.

(b) The account shall be debited from the account 000 "Current financial year", at the time of the closing, for its balance.

Your credit balance, before closing, will collect the final credits.

006. Revenue Budget: Initial forecasts.

Amount of revenue forecasts contained in the budget initially approved by the competent authority.

Your move is as follows:

(a) The account 000 "Current financial year" shall be debited from the account for the forecasts contained in the revenue budget.

(b) Shall be paid, at the same time as the previous seat, under the account "Revenue budget: final forecasts", for the same amount.

This account will be displayed at all times.

007. Revenue Quote: Forecast Modification.

Collects the variations that occur in revenue forecasts, through a formal act (not having reached a higher-than-expected degree of execution).

Your move is as follows:

(a) The account 000 "current financial year" shall be debited from the account for any positive changes. By negative modifications the seat shall be a negative sign.

(b) Shall be paid, at the same time as the previous seat, under the account "Revenue budget: final forecasts", for the same amount.

This account will be displayed at all times.

008. Revenue budget: final forecasts.

Total amount of revenue budget forecasts initially approved plus modifications.

Your move is as follows:

a) It will be loaded with credit to:

a.1) The account 006 "Revenue budget: initial forecasts", for the amount of the same.

a.2) The 007 account "Revenue budget: modification of forecasts", for which they occur during the financial year.

(b) The account shall be paid in respect of the account 000 "current financial year", at the time of closure, for its balance.

Your balance, debtor, will collect, before closing, final revenue forecasts.

NOTE: Rectiations to all these budgetary control accounts shall be carried out by means of seats similar to those described but in the opposite sign, in order not to undermine the meaning of the sums of the must and of the of the accounts. The same criterion shall be followed for the cancellation of appropriations and forecasts of the budget carried over once the budget is approved for the financial year.

ANNEX II

ANNEX

Local Entity Account Models

The Model Index is changed to the following wording:

INDEX

1. Settlement of the Budget.

1.1 Expense Budget Settlement.

-By budget applications.

-Summary by Expense Areas.

-Summary by Chapters.

1.2 Revenue Budget Liquidation.

-By budget applications.

-Summary by Chapters.

1.3 Budget Result.

2. Information on budgetary implementation.

2.1 Revenue Returns.

2.2 Closed Budget Obligations.

2.3 Rights to be charged from closed budgets.

2.4 Expense Commitments from Post-Exercise Budgets.

-By budget applications.

-Summary by Expense Areas.

-Summary by Chapters.

2.5 Resources affected.

2.6 Remainder of Treasury.

3. Information on Treasury.

4. Information on indebtedness.

5. Information on non-budgetary operations.

5.1 Non-budgetary operations of a debtor nature.

5.2 Non-budgetary operations of a lending nature.

The following models of the Local Entity Account are replaced by the following:

-1.1. Expenditure Budget settlement-For budget items.

-1.1. Expense Budget Settlement-Summary by Function Groups.

-1.3. Budget Result.

-2.4. Commitments on expenditure under the budget for subsequent financial years-For budget items.

-2.4. Expense commitments from Post-Exercise Budgets-Summary by Function Groups.

-2.6. Remnant of Treasury.