ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of April 28, 2025 No. 199

About approval of Rules of creation of forecast consolidated financial statements under the republican budget

According to Item 6 of Article 72 of the Budget code of the Republic of Kazakhstan I ORDER:

1. Approve the enclosed Rules of creation of forecast consolidated financial statements under the republican budget.

2. To provide to department of the budget legislation of the Ministry of Finance of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan:

1) the direction of the copy of this order in the Kazakh and Russian languages in the Republican state company on the right of economic maintaining "Institute of the legislation and legal information of the Republic of Kazakhstan" the Ministries of Justice of the Republic of Kazakhstan for official publication and inclusion in Reference control bank of regulatory legal acts of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Finance of the Republic of Kazakhstan after its official publication.

3. This order becomes effective after ten calendar days after day of its first official publication.

Approved by the Order of the Minister of Finance of the Republic of Kazakhstan of April 28, 2025 No. 199

Rules of creation of forecast consolidated financial statements under the republican budget

Chapter 1. General provisions

1. These rules of creation of forecast consolidated financial statements under the republican budget (further – Rules) are developed according to Item 6 of Article 72 of the Budget code of the Republic of Kazakhstan (further – the Budget code) and determine procedure for creation of forecast consolidated financial statements by the republican budget.

2. The central authorized body on budgetary planning constitutes forecast consolidated financial statements under the republican budget in amount and in the forms established by these rules.

3. The forecast consolidated financial statements represent the information on financial position, movement and results of net assets, obligations, the income and expenses on accrual method coordinated to macroeconomic indicators created on the basis of the budget and financial reporting.

Chapter 2. Procedure for forming of amount and forms of forecast consolidated financial statements under the republican budget

4. The forecast consolidated financial statements under the republican budget are part of the bill on the republican budget and include:

1) forecast consolidated statement about financial position under the republican budget for the PKFO-1RB form (further - PKFO-1RB) according to appendix 1 to these rules;

2) forecast consolidated statement about results of financial activities on the republican budget for the PKFO-2RB form (further - PKFO-2RB) according to appendix 2 to these rules;

3) forecast consolidated statement about movement of money under the republican budget for the PKFO-3RB form (further - PKFO-3RB) according to appendix 3 to these rules;

4) forecast consolidated statement about changes of net assets / the capital under the republican budget for the PKFO-4RB form (further - PKFO-4RB) according to appendix 4 to these rules;

5) the explanatory note to forecast consolidated financial statements under the republican budget according to appendix 5 to these rules.

5. The central authorized body on budgetary planning constitutes forecast consolidated financial statements under the republican budget on the basis:

forecast consolidated financial statements of administrators of republican budget programs;

The list of data on structure of the budget for the PD-1RB form according to appendix 6 to these rules (further – the List);

information on the governmental and guaranteed by the state debt, to debt according to guarantees of the state in the GZ-RB form according to appendix 7 to these rules (further – the GZ-RB form);

information on the state agreement obligations of public-private partnership, including concession on the GChP-RB form according to appendix 8 to these rules (further – the GChP-RB form);

information on the budget credits granted from the republican budget for the BK-RB form according to appendix 9 to these rules (further – the BK-RB form).

6. Forming of forecast consolidated financial statements under the republican budget according to the forms determined by item 4 of these rules is provided by creation and mutual reconciliation of the List.

7. The forecast consolidated financial statements under the republican budget contain the specific, measurable and realistic, limited to the planned period indicators provided as actual (fact), estimative (assessment), forecast (forecast).

The fact reflects results of the results provided in consolidated financial statements about execution of the republican budget for accrual method and the performance report of the republican budget for the corresponding financial year.

Assessment reflects indicators of the republican budget for the current financial year.

The forecast reflects planned targets according to the draft of the republican budget for the planned period.

8. The explanatory note to forecast consolidated financial statements under the republican budget includes basic provisions of accounting policy and the explanation to forecast consolidated financial statements under the republican budget taking into account changes of indicators.

Explanations on assets and liabilities are represented in notes to forecast consolidated statement on financial position under the republican budget.

Explanations according to the income, expenses and financial results are represented in notes to forecast consolidated statement on results of financial activities on the republican budget.

Explanations on cash flow from operating, investing and financial activities are represented in notes to forecast consolidated statement on movement of money under the republican budget.

Explanations under Articles of net assets / the capital are represented in notes to forecast consolidated statement on changes of net assets / the capital.

Notes in the explanatory note to forecast consolidated financial statements under the republican budget have end-to-end numbering which specifies codes of the corresponding lines of the forms provided in item 4 of these rules.

Chapter 3. Procedure for creation of forecast consolidated financial statements under the republican budget

9. The central authorized body on budgetary planning creates forecast consolidated financial statements under the republican budget on the basis of the List including table 1. 1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.11, 1.12, 1.13, 1.14, 1.15, 1.16, 1.17, 1.18, 1.19, 1.20, 1.21, 1.22, 1.23, 1.24, 1.25, 1.26, 1.27, 1.28, 1.29, 1.30 and 1.31 Lists.

10. The department of the central executive body on budget implementation performing management in the field of treasurer budget implementation to which functions of authorized body on treasurer budget implementation are assigned (further - the State Treasury) represents table 1. 2, 1.3, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.15, 1.16, 1.19, 1.21, 1.29, and 1.31 Lists with filling of the columns "fact" and "assessment", table 1. 4, 1.11, 1.12, 1.17, 1.22, 1.23, 1.24, 1. 25, 1.26 and 1.27 Lists with filling of the column "assessment", information on the GChP-RB form by July 1 of the current financial year in the central authorized body on budgetary planning signed by the first head of the State Treasury and the head of the structural unit of the State Treasury responsible for creation of indicators, in the form of the electronic document by means of use of information system (further – IS).

Forming of data on the GChP-RB form is performed by the State Treasury on the basis of information from administrators of budget programs. Administrators of budget programs for the agreements of public-private partnership, including concession registered in the State Treasury providing payment of the state obligations provide information on the GChP-RB form by May 1 of the current financial year in the State Treasury in the form of the electronic document by means of use of IS.

The central authorized body on budget implementation represents forms of GZ-RB and BK-RB by May 1 of the current financial year to the State Treasury and the central authorized body on budgetary planning in the form of the electronic document by means of use of IS.

11. The central authorized body on budgetary planning forming of tables 1. 1.20, 1.28 and 1.30 Lists according to the columns "fact" and "assessment" perform 18, according to tables 1. 19, 1.21, 1.29 and 1.31 Lists provided by the State Treasury.

12. Forming of the List is performed in the following procedure:

1) column "fact" of tables 1. 1, 1.2, 1.3, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.15 and 1.16 it is filled based on the report about execution of the republican budget for accounting financial year. Column "fact" of tables 1. 4, 1.11, 1.12, 1.13, 1.14, 1.17, 1.22, 1.23, 1.24, 1.25, 1,26 and 1.27 the List is not filled in. Table 1. 3, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.15 and 1.16 according to the column "fact" are filled for comparison of data on the periods.

The column "assessment" of tables of the List is filled in based on this the approved consolidating plan of receipts and financings on payments and/or the performance report of the republican budget of current period.

Column "forecast" of tables 1. 1, 1.5 and 1.15 it is filled based on data of forecasting of the receipts in the republican budget determined according to Article 23 of the Budget code.

Columns "assessment" and "forecast" of tables 1. 15, 1.17, 1,18, 1.19, 1.20, 1.21, 1.22, 1.23, 1.24, 1.25, 1.26, 1.27, 1.28 and 1.29 is included by data of forms of GZ-RB, GChP-RB and BK-RB;

2) table 1. 3, 1.6, 1.7, 1.8, 1.9, 1.10 and 1.16 are filled on expenses of the republican budget in coordination with specifics of economic classification of expenses of the budget of Single budget classification of the Republic of Kazakhstan;

3) table 1. 4, 1.11, 1.12, 1.13, 1.14 and 1.17 on cash flow from operating, investing and financial activities are filled by data transfer from tables 1. 1, 1.2, 1.3, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.15 and 1.16;

4) in tables 1.18 and 1.19 indicators of the forecast consolidated cash flow statement (direct method) under the republican budget are created;

5) in tables 1.20 and 1.21 indicators of forecast consolidated statement about result of financial activities on the republican budget are created;

6) table 1. 22, 1.23, 1.24, 1.25, 1.26 and 1.27 on changes in assets and liabilities are filled based on these tables 1. 3, 1.5, 1.6, 1.7, 1.8, 1.9, 1.10, 1.15 and 1.16;

7) in tables 1.28 and 1.29 indicators of forecast consolidated statement about financial position under the republican budget are created;

8) in tables 1.30 and 1.31 indicators of forecast consolidated statement about changes of net assets / the capital are created.

13. For filling of the forms provided in item 4 of these rules are used table 1. 18, 1.20, 1.28 and 1.30 Lists.

14. Calculation of budget parameters for the planned period is made in tables 1. 18, 1.20, 1.28 and 1.30 Lists as follows:

result of operating activiies (is reflected in the note 34, by code of line 500 of forecast consolidated statement about results of financial activities on the republican budget), the determined addition of net operational balance and the other economic flows included in result of operating activiies;

result of operating activiies (not oil) (is reflected in the note 35, by code of line 600 of forecast consolidated statement about results of financial activities on the republican budget), determined by subtraction from result of operating activiies of difference between oil revenues and oil expenses;

net crediting (borrowing) (is reflected in the note 36, by code of line 900 of forecast consolidated statement about results of financial activities on the republican budget) determined by subtraction from net operational balance of net acquisition of non-financial assets;

the general balance of the budget (is reflected in the note 37, by code of line 920 of forecast consolidated statement about results of financial activities on the republican budget) determined by addition of net crediting (borrowing) and net cash flow by transactions with financial assets for implementation of measures of policy;

general balance of the budget (not oil) (is reflected in the note 38, by code of line 930 of forecast consolidated statement about results of financial activities on the republican budget), determined by subtraction from general balance of the budget of difference between oil revenues and oil expenses and differences from transactions with non-financial assets (oil);

surplus (deficit) of money (is reflected in the note 42, by code of line 940 of forecast consolidated statement about movement of money under the republican budget) determined by subtraction from net amount of money from operating activiies of net investments in non-financial assets;

general surplus (deficit) of money (is reflected in the note 43, by code of line 950 of forecast consolidated statement about movement of money under the republican budget) determined by addition of surplus (deficit) of money and net cash flow by transactions with financial assets for implementation of measures of policy;

general surplus (deficit) of money (not oil) (is reflected in the note 44, by code of line 960 of forecast consolidated statement about movement of money under the republican budget), (oil) determined by subtraction from general surplus (deficit) of money of difference between oil receipts and disposals of money from operating activiies (oil) and differences between receipts and disposals of money from transactions with non-financial assets;

the debt (is reflected in the note 18, by code of line 500 of forecast consolidated statement about financial position under the republican budget) determined by the borrowing amount;

the net debt (is reflected in the note 19, by code of line 600 of forecast consolidated statement about financial position under the republican budget) determined by subtraction of money and their equivalents from amount of debt and agreement obligations of public-private partnership.

15. Terms of preparation and submission of forecast consolidated financial statements under the republican budget are similar to terms of preparation and submission of the draft of the republican budget.

Appendix 1

to Rules of creation of forecast consolidated financial statements under the republican budget

RB PKFO-1 form

Forecast consolidated statement about financial position under the republican budget

Unit of measure: thousands of tenges

Assets	note No.	Code of line	Fact	Assessment	Forecast
			20khkh year	20khkh year	20khkh year	20khkh year	20khkh year
1	2	3	4	5	6	7	8
I. Financial assets
Money and their equivalents	1	010
Financial investments	2	011
The long-term financial investments considered on equity method	3	012
The advance payments issued	4	013
Other receivables	5	014
Total financial assets		100
II. Non-financial assets
Inventories	6	111
Fixed assets	7, 10	112
Construction in progress and capital investments	8, 10	113
Intangible assets	9, 10	114
Other non-financial assets	11	115
Total non-financial assets		200
Balance
Obligations, net assets / capital
III. Obligations
Loans and obligations on state-part partnership	12	210
Accounts payable to suppliers and contractors	13	211
Accounts payable on compensation	14	212
Accounts payable on social payments, transfers, subsidies	15	213
Estimative and warranty obligations	16	214
Other obligations	17	215
Total obligations		300
IV. Net assets / capital
Net assets / capital		400
Balance
Indicators:
Debt	18	500
Net debt	19	600

Appendix 2

to Rules of creation of forecast consolidated financial statements under the republican budget

PKFO-2RB form

Forecast consolidated statement about results of financial activities on the republican budget

Unit of measure: thousands of tenges

Indicators	note No.	Code of line	Fact	Assessment	Forecast
			20khkh year	20khkh year	20khkh year	20khkh year	20khkh year
1	2	3	4	5	6	7	8
Income (oil), including:	20	010
Income from tax revenues		011
Transfers from National fund		012
Others		013
Income (not oil), including:		020
Income from tax revenues	21	021
Remunerations	22	022
Dividends and income for shares in legal entities, receipt of part of net income of the state companies	23	023
Income from sales of goods (works, services)	24	024
Transfers from subordinate state bodies		025
Other incomes	25	026
Income, all (amount of lines 010 and 020)		100
Expenses (oil)		120
Expenses (not oil), including:		130
Compensation	26	131
Goods and services	27	132
Other current costs	28	133
Asset depreciation	29	134
Budget subsidies	30	135
Transfers to other levels of the budget	31	136
Other transfers	32	137
Remunerations	33	138
Expenses, all (amount of lines 120 and 130)		200
Net operational balance (line 100 - line 200)		300
The other economic flows included in result of operating activiies including:		400
Net write-off of assets		401
For the first time acknowledged assets		402
Result from disposal of non-current assets		403
Exchange difference		404
Others		405
Share of net profits or losses on the investments considered on equity method		406
Result of operating activiies (line 300 + line 400)	34	500
Result of operating activiies (not oil) (line 500 - (line 010 - line 120)	35	600
Net operational balance (line 100 - line 200) or (line 300)		700

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