THE ORDER OF THE CHAIRMAN OF THE AGENCY OF THE REPUBLIC OF KAZAKHSTAN ON REGULATION OF NATURAL MONOPOLIES

of July 31, 2013 No. 239-OD

About approval of Rules of conducting separate accounting of the income, costs and the involved assets by the subjects of natural monopoly rendering services in the field of the airports

According to the subitem 2) of Article 12-1 and the subitem 15) of Item 1 of article 14 of the Law of the Republic of Kazakhstan of July 9, 1998 "About natural monopolies and the controlled markets" and the subitem 2) of Item 3 of article 16 of the Law of the Republic of Kazakhstan of March 10, 2010 "About the state statistics" I ORDER:

1. Approve the enclosed Rules of conducting separate accounting of the income, costs and the involved assets as the subjects of natural monopoly rendering services in the field of the airports.

2. Recognize invalid some regulatory legal acts of the Agency of the Republic of Kazakhstan on regulation of natural monopolies according to appendix to this order.

3. To department on regulation in the field of rail transport, civil aviation and ports of the Agency of the Republic of Kazakhstan for regulation of natural monopolies (Ibrayeva G. K.) provide:

1) in the procedure established by the legislation state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) publication of this order on Internet resource of the Agency of the Republic of Kazakhstan on regulation of natural monopolies after official publication in mass media.

4. To department of administrative work of the Agency of the Republic of Kazakhstan on regulation of natural monopolies (Bazarbayev S. P.) after state registration of this order:

To provide 1) in the procedure established by the legislation its official publication in mass media with the subsequent submission to Legal Department of the Agency of the Republic of Kazakhstan on regulation of natural monopolies (Metenov S. S.) of data on publication;

2) to bring it to the attention of structural divisions and territorial authorities of the Agency of the Republic of Kazakhstan on regulation of natural monopolies, the Ministries of Transport and Communications of the Republic of Kazakhstan, International Airport Astana joint-stock company and International Airport Almaty joint-stock company.

5. I reserve control of execution of this order.

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

It is approved Acting minister of transport and communications Republic of Kazakhstan August 2, 2013

______________ S. Sarsenov

It is approved Chairman of the Agency of the Republic of Kazakhstan according to the statistics August 20, 2013

______________ A. Smailov

It is approved Acting minister of economy and budgetary planning Republic of Kazakhstan August 9, 2013

______________ M. Kusainov

Approved by the Order of the Acting Chairman of the Agency of the Republic of Kazakhstan on regulation of natural monopolies of July 31, 2013 No. 239-OD

Rules of conducting separate accounting of the income, costs and the involved assets by the subjects of natural monopoly rendering services in the field of the airports

1. General provisions

1. These rules of conducting separate accounting of the income, costs and the involved assets by the subjects of natural monopolies rendering services in the field of the airports (further - Rules) are developed in compliance by the Law of the Republic of Kazakhstan of July 9, 1998 "About natural monopolies and the controlled markets" (further - the Law).

2. Main objective of Rules is determination of procedure and the principles of conducting separate accounting of the income, costs and the involved assets by subjects of natural monopolies by types of regulated services in the field of the airports and in general on other activities for establishment of economically reasonable rates.

3. Subjects natural monopolies perform separate accounting of the income, costs and the involved assets by each type of regulated services and in general on other activities which are technologically connected with the main activities which implementation is approved with authorized body (further - other activities).

4. Principles of separate accounting:

1) priority of direct reference of the income, costs and the involved assets to the corresponding activities and types of regulated services on the basis of these source documents;

2) cause and effect relationship of the income, costs and the involved assets with those types of regulated services with which they are connected;

3) transparency in case of reference and income distribution, costs and the involved assets on the corresponding types of regulated services.

5. Separate accounting is based on the source documents used for conducting accounting and managerial accounting which provide the necessary detail level for separation of the income, costs and the involved assets by types of regulated services and in general on other activities according to Rules.

6. The basic concepts applied in Rules for the purpose of conducting separate accounting:

1) airline - the legal entity occupied with economic business activity on transportation of passengers, baggage, loads and mails, to storage, maintenance and repair of air-transport means, acting according to the legislation of the Republic of Kazakhstan;

2) aeronautical information - the data including characteristics of actual state of airfields, procedure for maneuvering around airfield, airways and their equipment radio electrotechnical means;

3) the aircraft equipment - civil aircrafts, their equipment, components, engines, exercise machines and means of land servicing of civil aircrafts;

4) management processes - processes of management of production of which increase in effectiveness and efficiency of all other processes of rendering services is result;

5) joint assets - the involved assets which are used for provision of several services (group of services), but have no certain cause and effect relationship with these services, but degree of their involvement in provision of services is determined on the basis of factors of costs;

6) joint costs - costs which are used for provision of several services (group of services), but have no certain cause and effect relationship with these services therefore are distributed on the basis of factors of costs;

7) general assets - assets which are connected with provision of all types of service, but have no certain cause and effect relationship with these services therefore degree of their involvement in provision of services is determined on the basis of factors of costs;

8) total costs - costs which are connected with provision of all types of service, but have no certain cause and effect relationship with these services therefore are distributed on the basis of factors of costs;

9) auxiliary processes - processes of which creation of necessary conditions for implementation of production and management processes is result;

10) services - the regulated types of service and other activities performed by the airports;

11) activities - set of certain processes of rendering services which participate in rendering services as independently, and in interaction with each other;

12) indirectly the involved assets on elements of activities - the involved assets which have causes and effect relationships along with several elements of activities and therefore they directly and unambiguously do not treat certain element of activities, but degree of their involvement is determined on the basis of factors of the costs reflecting these causes and effect relationships;

13) indirect costs on elements of activities - costs which have causes and effect relationships along with several elements of activities and therefore they directly and unambiguously do not treat certain element of activities, but are distributed on elements of activities on the basis of factors of the costs reflecting origins of costs;

14) directly involved assets on activities - the involved assets which have direct causes and effect relationships with certain element of activity and therefore directly and unambiguously treat certain element of activity;

15) direct costs on elements of activities - costs which have direct causes and effect relationships with certain element of activity and therefore directly and unambiguously treat certain element of activity;

16) elements of activities - the groups of fixed assets and intangible assets used when rendering services of the airports, combined for distribution of their cost and the related costs for types of service of the airport;

17) indirectly the involved assets on services - the involved assets which have causes and effect relationships along with several services (group of services) and therefore they directly and unambiguously do not treat certain service, but degree of their involvement in rendering certain services is determined on the basis of factors of the costs reflecting these causes and effect relationships;

18) indirect costs on services - costs which have causes and effect relationships along with several services (group of services) and therefore they directly and unambiguously do not treat certain service, but are distributed on services on the basis of factors of the costs reflecting origins of costs;

19) processes of rendering services - the sequence of certain actions in activities of the airport with use of its economic resources with ultimate goal of rendering services. Include production, auxiliary and management processes;

20) directly involved assets on services - the involved assets which have direct causes and effect relationships with provision of certain service and therefore directly and unambiguously treat certain service;

21) direct costs on services - costs which have direct causes and effect relationships with certain service and therefore directly and unambiguously treat certain service;

22) production processes - processes of which rendering services is result;

23) cause and effect relationship is the connection established on the basis of preliminary researches of origins of costs, the income and the involved assets, and also extent of their influence on certain types of service. Causes and effect relationships are used for income distribution, costs and the involved assets on types of service;

24) external services - the services provided by the airport to external users;

25) external users - the legal entities and physical persons which are consumers of services of the airport;

26) separate accounting of the income, costs and the involved assets - system of collection and generalization of information on the income, costs and the involved assets separately by each type of regulated services and in general on other activities;

27) transfer dachshunds - value term of costs per unit of the rendered internal services;

28) transfer payments - value term of amount of the rendered internal (transfer) services;

29) authorized body - the state body performing management in spheres of natural monopolies and in the controlled markets;

30) factor of costs - the quantitative index (indicators) used for cost allocation and degree of involvement of assets on types of service;

31) the involved assets - the fixed assets and intangible assets of the airport used for provision of services in the field of the airports;

32) internal (transfer) services - the services which are component of provision of external services, provided by one activity of the airport to other activity;

33) economic resources - set of sources, the means used in production economic activity, subdivided on natural (raw, geophysical), labor (human capital), capital (the physical capital - fixed assets), current assets (materials), information resources, financial (money capital) resources.

Other concepts and terms used in Rules are applied according to the current legislation of the Republic of Kazakhstan about natural monopolies and the controlled markets.

7. For income distribution, costs and determination of involvement of assets by types of regulated services the income, costs and the involved assets of the airports are grouped in activities. Income distribution, costs and determination of involvement of assets is carried out on the basis of consecutive allocation of all stages of provision of services of the airports.

8. For the purposes of conducting separate accounting by the airports the following activities are allocated:

1) aviation activities;

2) airport activities;

3) aeronautical servicing;

4) agency servicing;

5) other activities.

9. Activity "Aviation activities" is allocated in separate activity if the airport is part of the airlines combining in themselves functions of the airport and air carrier.

10. For the purposes of separate accounting the income, costs and the involved assets grouped in activities are distributed by types of the provided services.

2. Procedure for conducting separate accounting of the income, costs and the involved assets

11. Conducting separate accounting by subjects is based on the principles of conducting financial accounting accepted according to the International Accounting Standards (IAS). For the purposes of separate accounting initial and most reliable source of information in case of interpretation of IFRS are interpretations of the International committee on interpretation of the financial reporting (IFRIC), the recommendation of Advisory Council of the Ministry of Finance of the Republic of Kazakhstan concerning financial accounting and audit.

12. When conducting separate accounting by subjects the following requirements are fulfilled:

1) all production indicators, the income and expenses carried to regulated services in the field of the airports are confirmed by the relevant accounting documents;

2) records are organized in the form of facilitating their overview, audit and comparison of these mutually controlling documents;

3) if information in accounting and statistical accounting documents is provided not fully, then it is supported with cross references on the documents containing the supplementing information.

13. The documents of accounting, statistical (production) and other records, statistical data, working documents and reports used according to these rules for conducting separate accounting and accounting of natural production indicators, volume natural indicators of services and calculations of specific expenses and the income on units of natural indicators, and other purposes, stipulated by the legislation to be stored within five years.

14. The data on conducting separate accounting according to the income, expenses and the involved assets by types of regulated services in the field of the airports (further - Data) established by these rules it is constituted by it for the period equal to one calendar year, since January 1 till December 31.

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