The social tax at the rates established by the legislation to the income in work payment type.

1.3.2. Contributions to non-state pension funds and insurance premiums (fees) on voluntary insurance.

1.4. Fixed asset depreciation and intangible assets of production appointment

Enter into structure of depreciation expenses of fixed assets and intangible assets of production appointment:

1.4.1. The amounts of the depreciation charges of the production fixed assets including received on finance lease (leasing), added according to the legislation on financial accounting.

1.4.2. The amounts of the depreciation charges of intangible assets (except for goodwill (the price of firm) of production appointment, added according to the legislation on financial accounting. On intangible assets if it is impossible to determine useful life of intangible asset, regulations of depreciation are established per five years, but no more than the term of activities of business entity.

1.5. Other costs of production nature

The following complex Articles of accounting of other costs of production nature in accounting are selected on cost elements, provided in items 1. 1, 1.2, 1.3, 1.4.

1.5.1. Costs on production process servicing.

1.5.1.1. Costs on ensuring production with raw materials, materials, fuel, energy, the tool, devices and other means and objects of the labor.

1.5.1.2. Costs on maintenance of production fixed assets in working order (expenses on technical inspection and leaving, on carrying out average, current and capital repairs). Carrying out all types of repairs (current, average, capital) production fixed assets by forces of the most business entity join in product cost (works, services) in the corresponding elements of production costs (to material costs, labor costs and others).

1.5.1.3. Costs for ensuring fire-proof and sentry protection and other special requirements provided by rules of technical exploitation of business entities, supervision and control of their activities.

Costs on private security can be carried in production product cost (works, services) only in case of availability of the special requirements to this production causing availability of such protection.

1.5.1.4. The costs connected with the current lease of the production fixed assets relating to productive activity.

1.5.1.5. The current costs connected with content and operation of funds of nature protection appointment including compensation payments for pollution of the surrounding environment and placement of waste.

1.5.1.6. The costs on providing normal working conditions and safe engineering connected with features of production and stipulated by the legislation.

1.5.1.7. The actions for health protection connected directly with participation of workers in production process.

1.5.1.8. The cost of free of charge provided utilities, food, products to workers of separate industries, the costs for payment of free accommodation (or the amounts of monetary compensation for housing, utilities and other) provided to employees of business entity.

1.5.1.9. Cost issued free of charge, according to the current legislation of the objects (including uniform, regimentals, special food) remaining in private use (or the amount of privileges in connection with their sale on reduced prices).

1.5.1.10. Charges and servicing of technical means of management, communication centers, means of the alarm system, other technical means of management, the computer centers relating to production process.

1.5.1.11. Payment to medical institutions for medical examination of the workers occupied on production according to the legislation.

1.5.2. The travel costs of production personnel relating to production processes.

1.5.3. Costs on compulsory and voluntary insurance of production workers and production assets.

1.5.4. Losses from scrap.

1.5.5. Losses from idle times for the intra production reasons.

1.5.6. Costs for warranty repair and guarantee maintenance of products on which the warranty period of service is established.

1.5.7. Expenses on obligatory certification of produktion (service), except capitalized.

1.5.8. The benefits in connection with disability because of industrial injuries paid on the basis and without decisions of the relevant competent authorities. Allowance payment in connection with occupational diseases.

1.5.9. The expenses connected with transportation of workers to place of employment and back in the directions which are not serviced by passenger common carrier.

1.5.10. The expenses connected with building risks insurance in case of construction of objects due to the state capital investments.

1.5.11. The costs connected with write-off of the amount of intangible asset of the Goodwill (the price of firm) regarding property of production appointment in accordance with the established procedure.

1.5.12. Costs on preparatory work in the extracting industries if they do not treat capital costs (i.e. are not capitalized as fixed assets). These costs are considered as "Deferred expenses" and are written off in production cost regularly during fixed term of their repayment or in proportion to amount and quantity of the got products. The chosen method of write-off of deferred expenses shall be reflected in accounting policy of business entity.

1.5.13. The expenses connected with payment to the workers participating in production process, temporary disability benefits for pregnancy and childbirth according to the procedure established by the legislation.

2. Period expenses

Expenses of the period are understood as the costs and expenses which are not connected directly with production process that is costs on management of business entity, selling expenses of products and other expenses of general economy appointment.

Lower and lower the listed costs on Item 2 are complex cost items and their accounting will be organized on cost elements as it is specified in preamble of item 1.5. this provision. To "Period expenses" the following Articles belong:

2.1. Selling expenses

2.1.1. Expenses on rail, airborne, motor, maritime, river and animal-drawn haulings of goods. This Article joins carriage costs, and also the penalties paid for idle time of vehicles.

2.1.2. Selling expenses trade enterprises and public catering, including:

2.1.2.1. The expenses on compensation listed in Item 1.2. The provisions connected with sales of products (works, services) except the administrative managerial personnel (AMP)

2.1.2.2. Expenses on social insurance according to Item 1.3. The provisions relating to Item 2.1.2.1.

2.1.2.3. Rent expenses, content and repair of the buildings, constructions and rooms used for trade needs.

2.1.2.4. Fixed asset depreciation and intangible assets according to Provision Item 1.4.

2.1.2.5. Expenses on cost depletion of stock and economic accessories and other expenses connected with their maintenance in the condition suitable for proper use (repair, washing, repair, disinfection, etc.).

2.1.2.6. Expenses on gas, fuel, electric power.

2.1.2.7. Storage expenses, side job and subsorting of goods.

2.1.2.8. Expenses on trade advertizing.

2.1.2.9. Losses of goods, products in transit, storage and realization.

2.1.2.10. Expenses on container.

2.1.2.11. Expenses on compulsory and voluntary insurance of property.

2.1.2.12. Expenses on labor protection and safe engineering.

2.1.2.13. Flowing (non-capital nature) expenses on the device and content of fans, barrier of machines and their moving parts, hatches, openings etc.

2.1.2.14. excluded

2.1.2.15. excluded

2.1.2.16. excluded

2.1.2.17. Payment to medical institutions for medical examination of workers of public catering and trade.

2.1.2.18. Costs for maintaining cash economy and collection of revenue.

2.1.2.19. The cost of tissues, paper cloths, paper cups and plates, devices disposable in catering establishments.

2.1.3. Costs on studying of the markets (costs for marketing, advertizing).

2.1.4. Other selling expenses which are not listed above.

2.2. Administrative expenses

Treat administrative expenses:

2.2.1. The pas expenses compensation listed in Item 1.2., belonging to workers of managerial personnel.

2.2.2. The assignments on social insurance listed in item 1.3., belonging to workers of managerial personnel.

2.2.3. Charges, employment and lease of office passenger vehicles and office minibus.

2.2.4. Costs on the organization and management of business entity and his structural divisions.

2.2.5. Charges and servicing of technical means of management, the communication centers, means of the alarm system, computer centers and other technical means of management which are not relating to production.

2.2.6. Service fee of telecommunications, including payment for use of subscriber number;

the channels provided in lease;

mobile, satellite and paging communication;

use of radio-frequency range;

data transmission networks, including the Internet.

2.2.7. Payment of long-distance and international telephone negotiations.

2.2.8. The hire charge of buildings and rooms for administrative and managerial needs.

2.2.9. Charges and repair, and also depreciation (depreciation) of fixed assets of administrative assignment.

2.2.10. Assignments on content of superior organizations and associations of legal entities: ministries, departments, associations, concerns, etc.

2.2.11. Costs on compulsory and voluntary insurance of the workers and property which is not connected with production process.

2.2.12. Travel costs of managerial personnel.

2.2.13. Entertainment expenses.

2.2.14. Expenses on free provision of rooms, payment of cost of utilities to catering establishments, etc.

2.2.15. The current costs connected with content and operation of funds of nature protection appointment, which are not relating directly to production process, compensation payments for pollution of the surrounding environment and placement of waste.

2.2.16. Expenses on payment of cost of services and bonus trustees by investment assets and trustees.

2.2.17. Expenses on cost depletion of stock and the economic accessories used for the administrative purposes and other expenses connected with their maintenance in the condition suitable for proper use.

2.3. Firmly operating expenses

Other operating expenses include:

2.3.1. Expenses on preparation and retraining of personnel, except for personnel for work on again entered business entity.

2.3.2. Repayment of costs on elimination of subquality work in projects and installation and construction works, and also the damages and deformations received when transporting to priobjektny warehouse, costs on the audits (disassembly of the equipment) caused by defects of anticorrosive protection and other similar costs is made at the expense of the legal entities who violated conditions of deliveries and performance of works in that measure in what these costs cannot be compensated for supplier account or other business entities responsible for subquality work, damages or losses.

2.3.3. Payment of consulting and information services.

2.3.4. Payment of auditor services.

2.3.5. Losses from content of own productions of services and farms.

2.3.6. The actions but health protection and the organization of rest which are not connected directly with participation of workers in production process.

2.3.7. Costs for accomplishment by business entities of works (services) which are not connected with production (works on improvement of the cities and settlements, assistance to agricultural industry and other work types).

2.3.8. Payments of the compensating and stimulating nature:

2.3.8.1. Compensation payments according to decisions of the Government of the Republic of Uzbekistan.

2.3.8.2. One-time awards, remunerations following the results of work in year, remuneration and long-service bonus, including natural payments for the decision of the most business entity, and also the amount of single social payment, charge for them.

2.3.8.3. Payment for time of induced truancy or accomplishment of below-paid work according to the legislation or according to the decision of the most business entity.

2.3.8.4. The surcharges in case of temporary disability to the actual earnings established by the legislation.

2.3.8.5. The salary the worker on principle place of employment, workers and specialists of business entity during their training with separation from work in system of advanced training and retraining of personnel.

2.3.8.6. Payment of additional vacation to the women having two and more children aged up to twelve years or the child with disability aged up to eighteen years according to the legislation.

2.3.8.7. Issue free of charge to workers of goods, products and values or accomplishment for workers of works, services.

2.3.8.8. Expense recovery of workers (food, journey, permits treatment and rest, excursions and travel, occupations in sports sections, circles, clubs, visits of cultural and spectacular and sports (sports) actions, subscriptions and goods for private consumption of workers and other similar payments).

2.3.9. The payments and expenses which are not considered in case of salary accrual:

2.3.9.1. Expenses on payment of monthly allowance for child care before achievement of two-year age by it according to the legislation.

2.3.9.2. Allowances to pensions, lump-sum allowances to the retiring veterans of work.

2.3.9.3. Payments to the workers released from business entities in connection with their reorganization, reducing number of workers and states in compliance the legislation.

2.3.9.4. The financial support paid to workers.

2.3.10. Charges of health care facilities, retirement homes and persons with disability, preschool institutions, recreation camps, objects of culture and sport, organizations of national education, and also objects of housing stock (including the depreciation charges and costs for carrying out all types of repair).

2.3.11. Charges of the preserved production capacities and objects (except the costs compensated at the expense of other sources).

2.3.12. Fee of bank, Central Securities Depository and professional participants of the security market.

2.3.13. Fees in ecological, improving and other charity foundations, to the companies, organizations and the organizations of culture, national education, health care, social security, physical culture and sport.

2.3.14. Obligatory payments in the budget, taxes, charges, contributions to the state trust funds made according to the current legislation and carried to expenses of business entity and also payment of the membership fees in the international organizations for decisions of the Government.

2.3.15. Losses, penalties, penalty fee:

2.3.15.1. Losses according to the cancelled production orders.

2.3.15.2. Losses and shortages of material values which are not relating directly to production process.

2.3.15.3. Losses as a result of revaluation or writedown of production supplies and finished goods by method of the lowest assessment or on the net value of realization.

2.3.15.4. Losses on transactions with container.

2.3.15.5. Legal costs.

2.3.15.6. Allocations to reserve on doubtful debts.

2.3.15.7. Losses from write-off of receivables on which the term of limitation period expired, and other debts, not real for collection, but losses from write-off of doubtful debts by settlings with legal entities and physical persons according to the legislation.

2.3.15.8. The losses on transactions of last years revealed in reporting year.

2.3.15.9. Not offset losses and losses from natural disasters (destruction and spoil of production supplies, finished products and other material values, losses from stop of production and other), including the costs connected with prevention or natural disaster response.

2.3.15.10. Losses from plunders which responsible is not established or if it is impossible to compensate the necessary amounts at the expense of party at fault.

2.3.15.11. Losses on disposal (write-off from balance) of fixed assets and other property (assets) of business entity.

2.3.15.12. The awarded or acknowledged penalties, penalty fee, penalties and other types of sanctions for violation of conditions of economic agreements, including because of suppliers and debtors, and also expenses on compensation of the caused losses.

2.3.15.13. Penalties and penalty fee for violation of tax and other legislation.

2.3.15.14. The other penalties paid.

2.3.16. Price differences on the products (works, services) provided to workers or issued by subsidiary farms for public catering of business entity.

2.3.17. The costs connected with write-off of the amount of intangible asset of the Goodwill (the price of firm) regarding the property which is not connected with production process, in accordance with the established procedure.

2.3.18. Costs on creation new and to enhancement of the applied technologies, and also on improvement of quality of products, connected with carrying out research, developmental works, creation of new types of raw materials and materials, production retrofitting.

2.3.19. Costs for invention, rationalization of production nature, carrying out experienced and experimental works, production and testing of models and samples according to inventions and improvement suggestions, the organization of exhibitions and reviews, tenders, on certification and other actions for invention and efficiency work, on payment of awards and other costs.

2.3.20. Costs on content of the fixed assets leased.

2.3.21. The expenses connected with payment to workers of managerial personnel and to other workers who are not participating in production process, temporary disability benefits on pregnancy and childbirth according to the procedure established by the legislation.

2.3.22. Expenses on development of new productions, workshops, aggregates, and also productions of new types of batch and mass production and engineering procedures.

2.3.23. Individual approbation of separate types of machines and mechanisms and complex approbation (empty) all types of the equipment and technical installations for the purpose of quality check of their installation which are in operation.

2.3.24. The expenses connected with set of labor power and training for work on again enacted the company.

2.3.25. Payment for completely worn-out equipment which is in operation.

2.3.26. Charges and servicing of production capacities and objects in the period of production process suspension;

2.3.27. Other expenses.

3. Expenses on financial activities

3.1. Percent on the credits of banks and other financial credit institutions (except for percent on the credits of banks and other financial credit institutions received on investments which during the investment period are part of capital investments), including percent on overdue and delayed loans.

3.2. Expenses on interest payment on finance lease (leasing) of property.

3.3. Negative exchange differences and losses on transactions with foreign currency.

3.4. Losses from carrying out revaluations of invested funds (in securities, affiliated enterprises, etc.).

3.5. The expenses connected with release and distribution of own securities.

3.6. Other expenses on financial activities, including negative discount on securities.

4. Extraordinary losses

Extraordinary losses are Articles of the unusual expenses resulting from the events or transactions which are beyond regular activities of business entities and which obtaining was not expected. Here exceptional items and Articles of previous periods which are subject to reflection as a part of period costs do not enter.

In order that this or that Article was reflected as Article of extraordinary losses, it shall answer the following criteria:

- uncharacteristic for regular economic activity of the company;

- shall not repeat within several years;

- does not depend on the decisions made by managerial personnel.

In case of decision making about whether it is necessary to carry the relevant articles to the category extraordinary or not, it is necessary to consider also conditions in which works are performed. For example, if the business entity is located in zone of special climatic conditions, then idle times because of climatic conditions cannot be classified as extraordinary as this Article does not answer criterion "shall not repeat within several years".

B. The list of income gained as a result

production economic activity of business entities

Income gained by business entities as a result of implementation of its economic activity is subject to inclusion in the report on the following main Sections:

- Net revenue from realization.

- Other incomes from the main activities (operating incomes).

- Income from financial activities.

- Extraordinary income.

1. Net revenue from realization

1.1. The net revenue from realization is determined as proceeds from sales of goods (works, services), without inclusion of tax amounts on value added, the excise tax and the consumption tax of gasoline, diesel fuel and gas considered in the price of goods (works, services). It does not join return of goods, the provided discounts to buyers and others.

1.2. The business entities performing export activities perform calculation of the income (profit) according to the procedure, provided by the current legislation.

1.3. The proceeds from sales of products (works, services) are determined according to the legislation on financial accounting.

2. Other incomes from the main productive activity

From the main productive activity treat other incomes:

2.1. The penalties collected or recognized by the debtor, penalty fee, penalties and other types of sanctions for violation of conditions of economic agreements, and also the income on compensation of the caused losses.

2.2. The profit of last years revealed in reporting year.

2.3. Other income from the transactions which are directly not connected with production and sales of products (works, services) as investment income, receipts from dining rooms under business entities, the income from auxiliary services.

2.4. Income from disposal of fixed assets and other property of business entity.

2.5. Income gained from write-off of creditor and depositor debt according to which the term of limitation period expired.

2.6. Revaluation of inventory items. The amount of revaluation of inventory items is recognized quality of the income in process of their realization.

2.7. Income from the state subsidiy*.

2.8. Free financial aid.

2.9. Other operating incomes.

* - does not join in comprehensive income in case of the taxation.

3. Income from financial activities

The income from financial activities are included:

3.1. The received royalty and transfer of the capital.

3.2. Income gained in the territory of the Republic of Uzbekistan and beyond its limits from equity in activities of other business entities, share dividends and the income on the bonds and other securities belonging to business entity.

3.3. The income from property clearance in finance lease (leasing).

3.4. Positive exchange differences on currency accounts, and also transactions in foreign currencies.

3.5. The income from carrying out revaluations of investments made in securities, affiliated enterprises, etc.

3.6. Other incomes from financial activities.

4. Extraordinary profits

Articles of extraordinary profits are the profits having nature not of the expected, extraordinary, resulting events or transactions which are beyond regular activities of business entity and which obtaining was not expected. Here exceptional items of the income or profit of previous periods which will enclose to reflection in the Section of other incomes from the main activities do not enter

G. Assessment of inventory stocks, works in progress, and also deferred expenses

According to this Provision production costs shall be created during the accounting period on accounts of production and on the account of finished goods. However, in case of serial (mass) production of homogeneous products of Article of exclusive or non-recurring costs, caused by force majeure, shall not join in cost of finished goods, and are subject to direct write-off as selling expenses.

Assessment of inventory stocks, work in progress, and also deferred expenses is made according to the Law of the Republic of Uzbekistan "About financial accounting".

The special cost category is constituted by deferred expenses which are performed in flowing - the period, but are subject to inclusion in production costs in the subsequent accounting periods.

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