RESOLUTION OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF BELARUS

of August 27, 2019 No. 49

About change of the resolution of the Ministry of Finance of the Republic of Belarus of January 11, 2010 No. 2

Based on Item paragraph two 13, of parts one, the second and paragraph two of part three of Item 59 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530, and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:

1. Bring in the resolution of the Ministry of Finance of the Republic of Belarus of January 11, 2010 No. 2 "About single questions of conducting financial accounting, creation and submission of accounting records by insurance companies and modification and amendments in some resolutions of the Ministry of Finance of the Republic of Belarus" the following changes:

1.1. state the name in the following edition:

"About conducting financial accounting, creation and submission of accounting records by insurance companies";

1.2. state preamble in the following edition:

"Based on Item paragraph two 13, of parts one, the second and paragraph two of part three of Item 59 of the Regulations on insurance activity in the Republic of Belarus approved by the Presidential decree of the Republic of Belarus of August 25, 2006 No. 530, and Item 10 of the Regulations on the Ministry of Finance of the Republic of Belarus approved by the resolution of Council of Ministers of the Republic of Belarus of October 31, 2001 No. 1585, the Ministry of Finance of the Republic of Belarus DECIDES:";

1.3. exclude Item 1;

1.4. in Item 1-1:

to exclude the word "enclosed" from paragraph one;

paragraphs two and third to add with the word "(is applied)";

1.5. in the Instruction about features of financial accounting of the income and expenses by insurance companies approved by this resolution:

to add Item 2 after the paragraph of third with the paragraph of the following content:

"direct insurance - insurance of object of insurance in accordance with the terms of insurance, established by the agreement signed between insurance company and the insurer, or the legislation on insurance;";

the fourth Item 5 after the word "legislation" to add the paragraph with the words "about insurance";

to state paragraph two of Item 6 in the following edition:

"the receipts connected with implementation of the civil legislation which passed to the insurer according to regulations and legislations on insurance of right to claim of the insurer (beneficiary) against person responsible for the damages paid as a result of insurance including the amounts which are subject to transfer to the overcautious person under the agreement of reinsurance;";

the seventeenth Item 6-1 to state the paragraph in the following edition:

"the expenses connected with hearing of cases in courts;";

in Item 7:

"legislation" to add paragraph two after the word with the words "about insurance";

the tenth after the word "legislation" to add the paragraph with the words "about financial accounting and the reporting";

in Item 8:

paragraphs two and the sixth after the word "legislation" to add with the words "about financial accounting and the reporting";

the fourth and fifth to state paragraphs in the following edition:

"the expenses connected with obtaining in temporary ownership and use of subject of leasing of the agreement of finance lease (leasing);

the income and expenses connected with release, placement, the address and repayment of debt securities of own release;";

after the paragraph of the sixth to add Item with the paragraph of the following content:

"the differences arising in case of repayment of the obligation in the currency other than obligation currency, except as specified, established by the legislation on financial accounting and the reporting;";

the first, fourth, seventh Item 10, part the second Item 15 after the word "legislation" to add parts with the words "about insurance";

state Item 13 in the following edition:

"13. The sums of money sentenced by court for benefit of the insurer according to the procedure of realization of right to claim of the insurer according to recourse actions to persons responsible for the damages paid as a result of insurance, or recognized as these faces are reflected the insurer as a part of the income on the activities connected with insurance, the overcautious person's share in these amounts - as a part of expenses on the activities connected with insurance on receipt date of supporting documents and are considered on account 91 "Other incomes and expenses".

The sums of money sentenced by court for benefit of the insurer according to the procedure of realization of right to claim of the insurer according to recourse actions to persons responsible for the damages paid as a result of insurance, or recognized as these faces, which are subject to transfer to the overcautious person under the agreement of reinsurance are reflected the overcautious person as a part of the income on the activities connected with insurance on receipt date of documents from the insurer or on receipt date of money into the account of the overcautious person and are considered on account 91 "Other incomes and expenses".

If earlier added debt of insured events of persons or insurers, guilty of approach, which insured responsibility of such persons becomes unreal (impossible) to collection, its write-off is reflected as a part of expenses of the insurer (overcautious person) on the activities connected with insurance on receipt date of supporting documents (the notification of the insurer) and is considered on account 91 "Other incomes and expenses", the overcautious person's share in the specified amounts is reflected the insurer as a part of the income on the activities connected with insurance on receipt date of supporting documents and is considered on account 91 "Other incomes and expenses".";

from Item 14 of the word" (2011, No. 143, 8/24548)" to exclude the national register of legal acts of the Republic of Belarus;

state Items 17 and 18 in the following edition:

"17. By insurance companies for placement and accounting of means of insurance reserves the separate sub-account "The special accounts opened according to the legislation" to account 55 "Special accounts in banks" can be used.

18. Generalization of information on payment under the acknowledged (awarded) recourse and other requirements for insurance contracts, including about the amounts which are subject to transfer to the overcautious person under the agreement of reinsurance is made on the separate sub-account to account 76 "Settlings with different debtors and creditors".

The sums of money sentenced by court for benefit of the insurer according to the procedure of realization of right to claim of the insurer according to recourse actions to persons responsible for the caused damage to insured property, or recognized as these faces are reflected on receipt date of documents from the insurer or on receipt date of money into the account of the overcautious person on the debit of the sub-account specified in part one of this Item, in correspondence with account 91 credit "Other incomes and expenses", the overcautious person's share in the specified amounts is reflected on the credit of the sub-account specified in part one of this Item, in correspondence with the debit of account 91 "Other incomes and expenses".

The amounts which arrived in compensation of recourse and other requirements are reflected on the credit of the sub-account specified in part one of this Item, in correspondence with the debit of accounts of money. Transfer of share of the overcautious person in the specified amounts is reflected on the debit of the sub-account specified in part one of this Item, in correspondence with the credit of accounts of money.

If earlier added debt of insured events of persons or insurers, guilty of approach, which insured responsibility of such persons becomes unreal (impossible) to collection, its write-off is reflected on receipt date of documents from the insurer on the credit of the sub-account specified in part one of this Item, in correspondence with the debit of account 91 "Other incomes and expenses", the overcautious person's share in the specified amounts is reflected the insurer on the debit of the sub-account specified in part one of this Item, in correspondence with account 91 credit "Other incomes and expenses".";

third of Item 20 to state part in the following edition:

"On the debit of the score 93-1 "Insurance premiums (awards) on direct insurance" insurance premiums (insurance premiums) which are subject to return to insurers in cases are considered if they were added current reporting year according to the stopped insurance contracts, insurance term according to which did not come yet.";

in Item 21:

to exclude from part of thirty third of the word "Republic of Belarus";

regarding the thirty fifth shall be replaced with words words of "account 95" "to account 95";

in part one of Item 22 of the word "Republic of Belarus" shall be replaced with words "about insurance";

1.6. To be reworded as follows the instruction about procedure for creation and submission of accounting records of insurance companies approved by this resolution it (is applied).

2. This resolution becomes effective after its official publication.

Approved by the Resolution of the Ministry of Finance of the Republic of Belarus of January 11, 2010 No. 2
(in edition of the Resolution of the Ministry of Finance of the Republic of Belarus from 27 August, 2019 No. 49)

The instruction about procedure for creation and submission of accounting records of insurance companies

Chapter 1. General provisions

1. This Instruction establishes procedure (including features) creation of individual accounting records (further - accounting records), including requirements to its content, for insurance companies, and also procedure for submission of accounting records by insurance companies.

Action of this Instruction extends to the insurance companies registered in accordance with the established procedure by the Ministry of Finance.

2. For the purposes of this Instruction the following terms and their determinations are used:

investing activities - activities of insurance company for acquisition and creation, realization and other disposal of fixed assets, intangible assets, profitable investments in tangible assets, investments in non-current assets, the equipment to installation, construction materials at the customer, the builder, to implementation (provision) and realization (repayment) of the financial investments;

direct insurance - insurance of object of insurance in accordance with the terms of insurance, established by the agreement signed between insurance company and the insurer, or the legislation on insurance;

the related parties - affiliates of economic society; the unitary enterprises, owners of property and (or) heads of which are the same physical persons or consist in close relationship or property;

the current activities - the principal revenue-producing activities of insurance company and other activities which are not relating to financial and investing activities (insurance activity, the activities connected with insurance, other current activities);

financial activities - the activities of insurance company leading to changes of size and structure of the brought equity, obligations on the credits, loans and other similar obligations;

cash equivalents - the financial investments in highly liquid debt securities of other organizations which fixed maturity does not exceed three months.

3. Annual and intermediate (quarter) accounting records of insurance companies consist from:

the balance sheet which is constituted in form according to appendix 1;

the profit and loss statement which is constituted in form according to appendix 2;

the report on change of equity which is constituted in form according to appendix 3;

the cash flow statement which is constituted in form according to appendix 4;

notes to accounting records.

The audit opinion according to this reporting is applied to annual accounting records.

4. Intermediate (monthly) accounting records of insurance companies consist of the balance sheet.

5. When entering additional details and data into accounting records the structure (codes of lines and columns) of the balance sheet, the profit and loss statement, the report on change of equity, the cash flow statement shall be observed.

6. Indicators of accounting records are given in Belarusian rubles in integers.

7. On each numerical measure value of accounting records, except for the accounting records constituted for the first accounting period of activities of insurance company data for the accounting period and the period of the year preceding accounting year (further - previous year), similar to the accounting period shall be provided.

8. If data for the period of previous year, similar to the accounting period, are incomparable to data for the accounting period, then the first of the called data are subject to adjustment according to the legislation on financial accounting and the reporting.

9. Indicators of the balance sheet, profit and loss statement, report on change of equity, the cash flow statement on which there are no numerical values procherkivatsya. Deductible and negative numerical measure values are shown in parentheses.

10. In accounting records offsetting between asset items, the obligations, equity, the income, expenses, except as specified, established by the legislation on financial accounting and the reporting is not allowed.

11. Accounting records of the insurance company having branches, representations and other separate divisions (further - divisions), are constituted with inclusion of indicators of activities of divisions.

Chapter 2. Procedure for submission of accounting records

12. Intermediate (monthly) accounting records are submitted insurance company in the Ministry of Finance no later than the 22nd following for reporting.

13. Intermediate (quarter) accounting records are submitted insurance company in the Ministry of Finance no later than the 30th following reporting quarter.

14. Annual accounting records are submitted insurance company in the Ministry of Finance no later than March 1 of the year following for reporting.

15. If date of submission of accounting records falls on non-working (output) day, then for submissions of the reporting the working day following it is considered.

Chapter 3. Procedure for creation of the balance sheet

16. In the column 3 "On _________ 20 __." the asset cost, equity, obligations by the end of the reporting period is shown. In the column 4 "For December 31 20 __." the asset cost, equity, obligations for the end of previous year which shall correspond to data of the column 3 "On ________ 20 __." of previous year, except as specified, established by the legislation on financial accounting and the reporting is shown.

17. In the Section I "Non-current assets" information on remaining balance of fixed assets, intangible assets, profitable investments is provided to tangible assets, investments in non-current assets, the long-term financial investments, long-term receivables, deferred tax assets, other non-current assets.

Under the article "Fixed assets" (the line 110) is shown the residual cost of fixed assets determined as difference between the original (overpriced) cost of the fixed assets considered on account 01 "Fixed assets" and the depreciation amounts which are saved up on them and the impairments considered on account 02 "Fixed asset depreciation".

Under the article "Intangible assets" (the line 120) is shown the residual cost of intangible assets determined as difference between the original (overpriced) cost of the intangible assets considered on account 04 "Intangible assets" and the depreciation amounts which are saved up on them and the impairments considered on account 05 "Depreciation of intangible assets".

Under the article "Profitable Investments in Tangible Assets" (line 130) the amounts of profitable investments of the investment real estate, objects of finance lease (leasing) and other profitable investments of tangible assets are shown. Residual cost of the investment real estate is determined as difference between the original (overpriced) cost of the investment real estate considered on account 03 "Profitable investments in tangible assets" and the depreciation amounts which are saved up on it and the impairments considered on account 02 "Fixed asset depreciation". Residual cost of objects of finance lease (leasing) is determined as difference between the original (overpriced) cost of the objects of finance lease (leasing) considered on account 03 "Profitable investments in tangible assets" and the depreciation amounts which are saved up on them and the impairments considered on account 02 "Fixed asset depreciation".

Under the article "Investments in Non-current Assets" (line 140) the amounts of the investments of non-current assets considered on account 08 "Investments in non-current assets" and also equipment cost to installation, construction materials at the customer, the builder considered on account 07 "The equipment to installation and construction materials" are shown.

Under the article "Long-term Financial Investments" (line 150) the amounts of the long-term financial investments considered on account 06 "Long-term financial investments" which repayment is expected more than in 12 months after reporting date are shown. In the presence of reserves under impairment of the long-term financial investments considered on account 06 "Long-term financial investments" (separate sub-account), indicator of this Article in connection with which reserves under impairment of the long-term financial investments are created decreases by the amounts of these reserves.

Under the article "Long-term Receivables" (the line 160) is shown receivables, including the issued advance payments, the advance payment considered on accounts 60 "Settlings with suppliers and contractors", 62 "Settlings with buyers and customers", 76 "Settlings with different debtors and creditors" and other accounts of calculations which repayment is expected more than in 12 months after reporting date. In the presence of the doubtful debt allowances considered on account 63 "Doubtful debt allowances", indicator of this Article in connection with which doubtful debt allowances are created decreases by the amounts of these reserves.

Under the article "Deferred tax assets" (the line 170) is shown to balance on account 09 "Deferred tax assets".

Under the article "Other Non-current Assets" (line 180) the remaining balance of non-current assets which is not shown in the lines 110-170, including expense amounts of the future periods considered on account 97 "Deferred expenses", and subject to reference on expenses of the accounting period more than in 12 months after reporting date is shown.

18. Information on stock remainders, the non-current assets intended for realization, deferred expenses, the value added tax on goods purchased, works, services, shares of overcautious persons in insurance reserves, short-term receivables, the short-term financial investments, money and cash equivalents, other current assets is provided in the Section II "Current assets".

Under the article "Inventories" (line 210) remaining balance of materials, work in progress and other inventories, including animals on cultivation and fattening, finished goods and goods, goods shipped are shown.

On the line 211 "materials" remaining balance of the materials considered on accounts 10 "Materials", 15 "Preparation and acquisition of materials" is shown.

When conducting financial accounting of preparation and acquisition of materials with use of accounts 15 "Preparation and acquisition of materials" and (or) 16 "The variation in material cost" on the line 211 "materials" is shown also the amount of variations of actual cost of the acquired materials from their cost on book prices.

On the line 212 "work in progress" remaining balance of the work in progress considered on accounts 20 "Main production", 21 "Self-produced semifinished products", 23 "Auxiliary productions", 29 "Productions of services and farms" is shown.

On line 213 "other inventories" the stock remainders which are not shown in the lines 211, of 212, including the cost of animals on the cultivation and fattening considered on account 11 "Animals on cultivation and fattening", remaining balance of the finished goods considered on account 43 "Finished goods", remaining balance of the goods considered on account 41 "Goods", remaining balance of the goods shipped, considered on account 45 "The goods shipped" and also the expenses on realization considered on account 44 the "Expenses on realization" relating to remaining balance of goods according to the procedure, the established legislation on financial accounting and the reporting are shown. When conducting financial accounting of goods on retail prices the indicator of this line decreases by balance on account 42 "Trade margin".

In the presence of reserves under reduction in cost of the inventories considered on account 14 "Reserves under reduction in cost of inventories", indicators of the corresponding lines of the article "Inventories" (line 210) in connection with which reserves under reduction in cost of inventories are created decrease by the amounts of these reserves.

Under the article "The Non-current Assets Intended for Realization" (line 215) remaining balance of the non-current assets recognized intended for realization, and also the assets included in the disposal group recognized intended for realization, considered on account 47 "The non-current assets intended for realization" is shown.

Under the article "Deferred expenses" (line 220) expense amounts of the future periods considered on account 97 "Deferred expenses" and which are subject to reference on expenses of the accounting period within 12 months after reporting date are shown.

Under the article "The Value Added Tax on Goods Purchased, Works, Services" (line 230) tax amounts on value added are shown, considered on account 18 "The value added tax on goods purchased, works, services".

Under the article "Share of Overcautious Persons in Insurance Reserves" (line 240) in the lines "reserves on the types of insurance relating to life insurance" (line 241), "reserve of not earned premium" (line 242), "reserves of losses" (line 243) and "other technical reserves" (line 244) are shown according to share of overcautious persons in reserves on the types of insurance relating to life insurance, in reserve of not earned premium, in reserves of losses (reserve of the declared, but not settled losses and reserve which occurred, but unclaimed losses), other technical reserves.

Under the article "Short-term Receivables" (the line 250) is shown receivables which repayment is expected within 12 months after reporting date, including:

debt requirements of insurance company to insurers, insurance agents and insurance brokers, co-insurers;

requirements of insurance companies for the risks accepted and transferred to reinsurance. At the same time the reinsurer reflects debt of the overcautious person on the amount of commission fee on the risks transferred to reinsurance and also on share of losses; the overcautious person reflects the added amounts of insurance premiums and percent in depot of the awards which are subject to obtaining from the reinsurer;

the amounts of the deposited awards withheld by the reinsurer (are shown the overcautious person);

the issued advance payments, the advance payment considered on accounts 60 "Settlings with suppliers and contractors", 62 "Settlings with buyers and customers", 76 "Settlings with different debtors and creditors" and other accounts of calculations.

In the presence of the doubtful debt allowances considered on account 63 "Doubtful debt allowances", indicator of this Article in connection with which doubtful debt allowances are created decreases by the amounts of these reserves.

Under the article "Short-term Financial Investments" (line 260) the amounts of the short-term financial investments (except for cash equivalents) considered on account 58 "Short-term financial investments" and also the amounts of the long-term financial investments (except for the long-term financial investments in the authorized capital of other organizations, deposits of agreement parties about joint activities in common property of particular partnership) considered on account 06 "Long-term financial investments" which repayment is expected within 12 months after reporting date are shown. In the presence of reserves under impairment of the short-term financial investments considered on account 59 "Reserves under impairment of the short-term financial investments" and (or) reserves under impairment of the long-term financial investments considered on account 06 "Long-term financial investments" (separate sub-account), indicator of this Article in connection with which reserves under impairment of the short-term financial investments and (or) reserves under impairment of the long-term financial investments are created decreases by the amounts of these reserves.

Under the article "Money and Cash Equivalents" (line 270) balances in cash of insurance company, "Cash desk", 51 "Settlement accounts", 52nd "Currency accounts" considered on accounts 50, 55 "Special accounts in banks", 57 "Money in transit", and also the cash equivalent balances considered on account 58 "Short-term financial investments" are shown.

On line 271 "cash desks" are shown balance in cash of insurance company, considered on account 50 "Cash desk".

On line 272 "bank deposits (deposits)" the balance in cash of insurance company in bank deposits (deposits) considered on account 55 "Special accounts in banks" is shown.

On the line 273 "cash equivalents" the cash equivalent balance of insurance company, considered on account 58 "Short-term financial investments" is shown.

On line 274 "other money" the remaining balance of the other money of insurance company which is not shown in the lines 271-273 is shown.

Under the article "Other Current Assets" (line 280) the remaining balance of current assets which is not shown in the lines 210-270, including considered on account 94 "Shortages and losses from spoil of property" is shown.

19. Information on equity of insurance company is provided in the Section III "Equity".

Under the article "Authorized capital" (the line 410) is shown remaining balance of the authorized capital considered on account 80 "Authorized capital".

Under the article "Unpaid Part of the Authorized Capital" (the line 420) is shown receivables of the owner of property (founders, participants) on deposits to the authorized capital considered on account 75 "Settlings with founders" (the score 75-1 "Calculations for deposits to the authorized capital"). The indicator of this Article is subtracted in case of calculation of result according to the Section III "Equity".

Under the article "Own Shares (Share in the Authorized Capital)" (the line 430) is shown the cost of own shares (share in the authorized capital) redeemed from shareholders (founders, participants) considered on account 81 "Own shares (share in the authorized capital)". The indicator of this Article is subtracted in case of calculation of result according to the Section III "Equity".

Under the article "Reserve capital" (the line 440) is shown remaining balance of the reserve capital considered on account 82 "Reserve capital".

On line 441 "including the reserve fund of the salary" is shown remaining balance of the reserve fund of the salary created according to the resolution of Council of Ministers of the Republic of Belarus of April 28, 2000 No. 605 "About approval of the Regulations on reserve fund of the salary" and considered on account 82 "Reserve capital".

Under the article "Added capital" (the line 450) is shown remaining balance of the added capital considered on account 83 "Added capital".

On line 451 "including surplus (revaluation) of cost of the real estate objects acquired at the expense of insurance reserves" the remaining balance of the added capital in surplus amount (revaluation) of cost of the real estate objects acquired at the expense of means of insurance reserves according to the procedure established by the legislation on insurance considered on account 83 "Added capital" is shown.

Under the article "Retained Earnings (Uncovered Loss)" (the line 460) is shown remaining balance of the retained earnings (uncovered loss) considered on account 84 "Retained earnings (uncovered loss)". The remaining balance of uncovered loss shown under this Article is subtracted in case of calculation of result according to the Section III "Equity".

Under the article "Net Profit (Loss) of the Accounting Period" (the line 470) is shown remaining balance of the net profit (loss) of the accounting period considered on account 99 "Profits and losses". The remaining balance of loss of the accounting period shown under this Article is subtracted in case of calculation of result according to the Section III "Equity". In the annual balance sheet the article "Net Profit (Loss) of the Accounting Period" (the line 470) is not filled.

Under the article "Target financing" (the line 480) is shown balance of target financing, considered on account 86 "Target financing" (including balance, the obligatory types of insurance received by insurance company on carrying out within budgetary appropriations), except for balance of the fund of protection of the victims as a result of the road accidents created according to the procedure, the established legislation on insurance.

20. Insurance companies show in the Section IV "Insurance reserves and funds":

under the article "Reserves on the Types of Insurance Relating to Life Insurance" (line 500) - reserves on the types of insurance relating to life insurance including reserve of additional payments;

under the articles "Reserve of Not Earned Premium", "Reserves of Losses", "Other Technical Reserves", "Other Insurance Reserves" (lines 501-504) - respectively reserve of not earned premium, reserves of losses, other technical and other insurance reserves on types of insurance other, than life insurance;

under the article "Fund of Precautionary (Preventive) Actions" (line 505) - balance of funds of precautionary (preventive) actions;

under the article "Guarantee funds" (line 506) - balance of the guarantee funds formed according to the legislation on insurance;

under the article "Other Funds Formed according to the Legislation" (line 507) - balance of the fund of protection of the victims as a result of the road accidents created according to the procedure, the established legislation on insurance which account is kept on account 96 "Reserves of the forthcoming payments".

21. Information on obligations of insurance company which repayment is expected more than in 12 months after reporting date is provided in the Section V "Long-term obligations".

Under the article "Long-term Loans and Loans" (line 510) the obligations considered on account 67 "Calculations for long-term loans and loans" on long-term loans and loans which repayment is expected more than in 12 months after reporting date are shown.

Under the article "Long-term Obligations on Leasing Payments" (line 520) the obligations considered on account 76 "Settlings with different debtors and creditors" on leasing payments which repayment is expected more than in 12 months after reporting date are shown.

Under the article "Deferred tax liabilities" (the line 530) is shown to balance on account 65 "Deferred tax liabilities".

Under the article "Deferred revenues" (line 540) the amounts of the deferred revenues considered on account 98 "Deferred revenues" and which are subject to reference on the income of the accounting period more than in 12 months after reporting date are shown.

Under the article "Reserves of the Forthcoming Payments" (line 550) the amounts of reserves of the forthcoming payments considered on account 96 "Reserves of the forthcoming payments" (except for remaining balance of the means shown in the lines 505-507) and which are subject to use more than in 12 months after reporting date are shown.

Under the article "Other Long-term Obligations" (line 560) obligations which repayment is expected more than in 12 months after reporting date which are not shown in the lines 510-550 are shown.

22. Information on obligations of insurance company which repayment is expected within 12 months after reporting date is provided in the Section VI "Short-term obligations".

Under the article "Short-term Loans and Loans" (line 610) the obligations on short-term loans and loans considered on account 66 "Calculations for short-term loans and loans" are shown.

Under the article "Short-term Part of Long-term Obligations" (the line 620) is shown part of the long-term obligations considered on accounts of calculations which repayment is expected within 12 months after reporting date, except for the accounts payable shown under the article "Short-term Accounts Payable" (line 630).

Under the article "Short-term Accounts Payable" (the line 630) is shown the accounts payable considered on accounts of calculations (except for the obligations included in the disposal group recognized intended for realization, and obligations on the credits and loans), which repayment is expected within 12 months after reporting date.

In the lines 631 to "insurers", "insurance agents and insurance brokers", 633 to "other creditors on transactions of insurance, joint insurance" the accounts payable of insurance company according to insurers is shown 632, to insurance agents and insurance brokers, other creditors on insurance transactions, co-insurers.

On line 634 "on reinsurance transactions" obligations of insurance company on the risks accepted and transferred to reinsurance are shown. On this line the reinsurer the debt to the overcautious person on the amount of insurance premiums and percent is reflected in depot of awards, the overcautious person - debt to the reinsurer on the amount of commission fee and share of losses.

On line 635 "depots of awards on the risks transferred to reinsurance" the reinsurer are given the amounts of deposited awards in accordance with the terms of agreements of reinsurance.

On line 636 the accounts payable to suppliers, contractors, contractors considered on account 60 "Settlings with suppliers and contractors" is shown to "suppliers, contractors, contractors".

On line 637 "in the advance payments received" the amounts received from buyers and customers of advance payment, the advance payments considered on account 62 "Settlings with buyers and customers" are shown.

On line 638 "on taxes and fees" the accounts payable on taxes and fees considered on account 68 "Calculations for taxes and fees" is shown.

On line 639 "on social insurance and providing" the accounts payable on social insurance and providing considered on account 69 "Calculations for social insurance and providing" is shown.

On line 640 "on compensation" the accounts payable before workers on compensation considered on account 70 "Settlings with personnel on compensation" and also the accounts payable before workers on the amounts added, but not paid at the scheduled time considered on account 76 "Settlings with different debtors and creditors" is shown.

On line 641 "on leasing payments" the accounts payable on leasing payments considered on account 76 "Settlings with different debtors and creditors" is shown.

On line 642 the accounts payable before the owner of property (founders, participants) on dividend payout and other income from participation in the authorized capital of insurance company considered on accounts 70 "Settlings with personnel on compensation", 75 "Settlings with founders" is shown to "the owner of property (founders, participants)".

On line 643 the accounts payable which is not shown in the lines 631-642, including the accounts payable before workers considered on accounts 71 "Settlings with advance holders", 73 "Settlings with personnel on other transactions" is shown to "other creditors".

Under the article "The Obligations Intended for Realization" (line 650) the obligations included in the disposal group recognized intended for realization, considered on account 76 "Settlings with different debtors and creditors" are shown.

Under the article "Deferred revenues" (line 660) the amounts of the deferred revenues considered on account 98 "Deferred revenues" and which are subject to reference on the income of the accounting period within 12 months after reporting date are shown.

Under the article "Reserves of the Forthcoming Payments" (line 670) the amounts of reserves of the forthcoming payments considered on account 96 "Reserves of the forthcoming payments" (except for remaining balance of the means shown in the lines 505-507) and which are subject to use within 12 months after reporting date are shown.

Under the article "Other Short-term Obligations" (line 680) obligations which repayment is expected within 12 months after reporting date, not shown in the lines 610-670 are shown.

23. In the balance sheet of the insurance company having divisions:

receivables of divisions considered on account 79 "Intraeconomic calculations" are not shown under the articles "Long-term Receivables" (line 160), "Short-term receivables" (line 250);

the accounts payable before divisions considered on account 79 "Intraeconomic calculations" is not shown under the articles "Other Long-term Obligations" (line 560), "Short-term accounts payable" (line 630).

Chapter 4. Procedure for creation of the profit and loss statement

24. In the column 3 "For ________ 20 __." data for the accounting period, in the column 4 "For ________ 20 __." - data for the period of previous year, similar to the accounting period are shown.

25. Under the article "Insurance Premiums (Insurance Premiums), Gross — All" (the line 010) is shown on the types of insurance relating to life insurance, the amount of insurance premiums (insurance premiums) according to the insurance contracts signed by insurance company (line 011), and the amount of the added (got) awards on the risks accepted in reinsurance (line 012).

Under the article "Insurance Premiums on the Risks Transferred to Reinsurance, Gross" (the line 013) is shown on the types of insurance relating to life insurance, the amount of the added (paid) awards on the risks transferred to reinsurance.

Under the article "Insurance Premiums (Insurance Premiums) taking into account Reinsurance, Net" (the line 014) is shown on the types of insurance relating to life insurance, the amount of insurance premiums (insurance premiums) according to the insurance contracts signed by insurance company, and also the amount of the added (got) awards on the risks accepted in reinsurance, minus the amount of the added (paid) awards on the risks transferred to reinsurance.

26. Under the article "The Paid Losses (Insurance Payments), Gross" (line 020) are shown on the types of insurance relating to life insurance, insurance payments, and also the added (paid) amount of share of losses on the risks accepted in reinsurance.

Under the article "Share of Overcautious Persons in Losses (Insurance Payments)" (the line 021) is shown on the types of insurance relating to life insurance, the added (received) amount of share of losses on the risks transferred to reinsurance which is subject to compensation by the overcautious person.

Under the article "The Paid Losses (Insurance Payments) taking into account Reinsurance, Net" (line 022) insurance payments for the types of insurance relating to life insurance minus share of overcautious persons in these payments are shown.

27. Under the article "Change of Reserves on the Types of Insurance Relating to Life Insurance, Gross" (lines 030, of 031) the amount of change of reserves on the types of insurance relating to life insurance including reserve of additional payments is shown, towards increase in parentheses (reduces financial result) or towards reduction (increases financial result).

Under the article "Change of Share of Overcautious Persons in Reserves on the Types of Insurance Relating to Life Insurance" (the line 032) is shown the amount of change of share of overcautious persons in reserves on the types of insurance relating to life insurance, towards increase (increases financial result) or towards reduction in parentheses (reduces financial result).

Under the article "Change of Reserves on the Types of Insurance Relating to Life Insurance taking into account Reinsurance, Net" (the line 033) is shown to balance on the sub-account to account 95 "Insurance reserves" on which the result of change of reserves on the types of insurance relating to life insurance is considered (debit - in parentheses (reduces financial result), credit - with plus (increases financial result).

28. Under the article "Contributions to Guarantee Fund and Fund of Precautionary (Preventive) Actions" (the line 040) is shown the amount of contributions from insurance premiums (insurance premiums) received on voluntary insurance of life to fund of precautionary (preventive) actions, and also contribution to the guarantee fund on the types of insurance relating to life insurance formed according to the legislation on insurance.

29. Under the article "Expenses on Conducting Case" (line 050) the expenses connected with implementation of the types of insurance relating to life insurance and also other expenses of the insurance company performing the types of insurance relating to life insurance, relating to expenses on conducting case are shown.

30. Under the article "Income on the Activities Connected with the Insurance Relating to Life Insurance" (line 055) the income of insurance company on the activities connected with the insurance relating to life insurance, the "Other incomes and expenses" considered on account 91 credit is shown.

Under the article "Expenses on the Activities Connected with the Insurance Relating to Life Insurance" (line 056) the expenses of insurance company on the activities connected with the insurance relating to life insurance considered on the debit of account 91 "Other incomes and expenses" are shown.

31. Under the article "Other Incomes on the Current Activities" (lines 065 and 175) are shown other incomes on the current activities of insurance company respectively on the types of insurance relating to life insurance, and types of insurance by other than life insurance, the "Other incomes and expenses" considered on account 91 credit.

Under the article "Other Expenses on the Current Activities" (lines 066 and 176) are shown the other expenses on the current activities of insurance company respectively on the types of insurance relating to life insurance, and types of insurance by other, than life insurance considered on the debit of account 91 "Other incomes and expenses".

32. Under the article "Insurance Premiums (Insurance Premiums), Gross — All" (the line 070) is shown on types of insurance to others, than life insurance, the amount of insurance premiums (insurance premiums) according to the insurance contracts and joint insurances concluded by insurance company (line 071), and the amount of the added (got) awards on the risks accepted in reinsurance (line 072).

In case of the conclusion of agreements of joint insurance the insurance company reflects under Article specified in parts one of this Item, insurance premiums (insurance premiums) in the part falling to its share under the agreement of joint insurance.

Under the article "Insurance Premiums on the Risks Transferred to Reinsurance, Gross" (the line 073) is shown on types of insurance to others, than life insurance, the amount of the added (paid) awards on the risks transferred to reinsurance.

Under the article "Insurance Premiums (Insurance Premiums) taking into account Reinsurance, Net" (the line 074) is shown on types of insurance to others, than life insurance, the amount of insurance premiums (insurance premiums) according to the insurance contracts and joint insurances concluded by insurance company, and also the amount of the added (got) awards on the risks accepted in reinsurance, minus the amount of the added (paid) awards on the risks transferred to reinsurance.

33. Under the article "Change of Reserve of Not Earned Premium, Gross" (the line 080) is shown the amount of change of reserve of not earned premium towards increase in parentheses (reduces financial result) or towards reduction (increases financial result).

Under the article "Change of Share of Overcautious Persons in Reserve of Not Earned Premium" (the line 081) is shown the amount of change of share of overcautious persons in reserve of not earned premium towards increase (increases financial result) or towards reduction in parentheses (reduces financial result).

Under the article "Change of Reserve of Not Earned Premium taking into account Reinsurance, Net" (the line 082) is shown to balance on the sub-account to account 95 "Insurance reserves" on which the result of change of reserve of not earned premium is considered (debit - in parentheses (reduces financial result), credit - with plus (increases financial result).

34. Under the article "Earned Premiums, Net" (the line 085) is shown on types of insurance to others, than life insurance, the amount of insurance premiums (insurance premiums) taking into account reinsurance (line 074) and the amount of change of reserve of not earned premium taking into account reinsurance (line 082).

35. Under the article "The Paid Losses (Insurance Payments), Gross" (line 090) life insurance, insurance payments, and also the added (paid) amount of share of losses on the risks accepted in reinsurance are shown on types of insurance to others, than.

Under the article "Share of Overcautious Persons in Losses (Insurance Payments)" (the line 091) is shown on types of insurance to others, than life insurance, the added (received) amount of share of losses on the risks transferred to reinsurance which is subject to compensation by the overcautious person.

Under the article "The Paid Losses (Insurance Payments) taking into account Reinsurance, Net" (line 092) insurance payments for types of insurance, than life insurance, minus share of overcautious persons in these payments are shown other.

36. Under the article "Change of Reserves of Losses (Insurance Payments), Gross" (the line 095) is shown the amount of change of reserve of the declared, but not settled losses and the reserve which occurred, but unclaimed losses towards increase in parentheses (reduces financial result) or towards reduction (increases financial result).

Under the article "Change of Share of Overcautious Persons in Reserves of Losses (Insurance Payments)" (the line 096) is shown the amount of change of share of overcautious persons in reserve of the declared, but not settled losses and reserve occurred, but unclaimed losses towards increase (increases financial result) or towards reduction in parentheses (reduces financial result).

Under the article "Change of Reserves of Losses (Insurance Payments) taking into account Reinsurance, Net" (the line 097) is shown to balance on sub-accounts to account 95 "Insurance reserves" on which the result of change of reserve of the declared, but not settled losses and the reserve which occurred is considered, but unclaimed losses (debit - in parentheses (reduces financial result), credit - with plus (increases financial result).

37. Under the article "Earned Premiums less Insurance Losses (Insurance Payments)" (the line 100) is shown difference between the amount of earned premium (line 085) and the amount of the paid losses (insurance payments) taking into account reinsurance (line 092), changes of reserves of losses (insurance payments) taking into account reinsurance (line 097).

38. Under the articles "Change of Other Technical Reserves" (line 110) and "Change of other insurance reserves" (the line 120), including on line 121 "including increase in special insurance reserves on compulsory insurance with the state support of harvest of crops, the cattle and bird and to obligatory civil liability insurance of legal entities and individual entrepreneurs for the harm done by the activities connected with operation of separate objects by the profit got from implementation of investments by means of investment of capital of the called insurance reserves and their placement" is shown to balance on sub-accounts to account 95 "Insurance reserves" on which the result of change of other technical and other insurance reserves respectively is considered (debit - in parentheses (reduces financial result), credit - with plus (increases financial result).

39. Under the articles "Contributions to Funds of Precautionary Actions and Guarantee Funds" (line 130), "Contributions to other funds formed according to the legislation" (line 140) the amounts of assignments from the insurance premiums received on types of insurance by other, than life insurance, in the fund of precautionary actions created in accordance with the established procedure, and also contributions to the guarantee funds on obligatory types of insurance formed according to the legislation on insurance including contributions to fund of protection of the victims as a result of the road accidents on obligatory civil liability insurance of owners of vehicles are shown.

40. Under the article "Expenses on Conducting Case — All" (line 150) the expenses connected with implementation of insurance and joint insurance on types of insurance other than life insurance, and also other expenses connected with material and transport servicing of activities of insurance company and its divisions are shown; operating expenses on content of capital structures (buildings, constructions), the isolated rooms; communication fee; payment of the consulting and information services (which are not connected directly with transactions on insurance, joint insurance and reinsurance), auditor services; the entertainment expenses and other expense types relating to expenses on conducting case of insurance company.

On line 151 "including the commission fee and bonuses on the risks accepted in reinsurance" is shown the amount of the added (paid) commission fee and bonuses on the risks accepted in reinsurance.

41. Under the article "Commission Fee and Bonuses on the Risks Transferred to Reinsurance" (the line 155) is shown the amount of the added (earned) commission fee and bonuses on the risks transferred to reinsurance.

42. Under the article "Income on the Activities Connected with Insurance by Other than Life Insurance" (line 160) the income of insurance company on the activities connected with insurance by other than life insurance, the "Other incomes and expenses" considered on account 91 credit is shown (except for commission fee and bonuses on the risks transferred to reinsurance).

Under the article "Expenses on the Activities Connected with Insurance by Other than Life Insurance" (line 165) the expenses of insurance company on the activities connected with insurance by other, than life insurance considered on the debit of account 91 "Other incomes and expenses" are shown.

43. Under the article "Income on Investing Activities" (line 180) the income on investing activities considered on account 91 credit "Other incomes and expenses" less considered on the debit of account 91 "Other incomes and expenses" (sub-accounts "Value added tax", "The other taxes and fees estimated from other incomes" is shown) the taxes and fees estimated from the income on investing activities shown under the article "Income on Investing Activities" (line 180).

Under the article "Expenses on Investing Activities" (line 190) the expenses on investing activities considered on the debit of account 91 "Other incomes and expenses" are shown.

44. Under the article "Income on Financial Activities" (line 200) the income on financial activities considered on account 91 credit "Other incomes and expenses" less considered on the debit of account 91 "Other incomes and expenses" (sub-accounts "Value added tax", "The other taxes and fees estimated from other incomes" is shown) the amounts of the taxes and fees estimated from the income on financial activities shown under the article "Income on Financial Activities" (line 200).

Under the article "Expenses on Financial Activities" (line 210) the expenses on financial activities considered on the debit of account 91 "Other incomes and expenses" are shown.

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