INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of September 5, 2016 No. 4127-U

About modification of the Provision of the Bank of Russia of December 28, 2015 No. 526-P "Industry standard of financial accounting "Procedure for creation of accounting (financial) records of insurance companies and societies of mutual insurance

1. According to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of August 30, 2016 No. 25) to bring in the Provision of the Bank of Russia of December 28, 2015 No. 526-P "Industry standard of the financial accounting "Procedure for Creation of Accounting (Financial) Records of Insurance Companies and Societies of Mutual Insurance", registered by the Ministry of Justice of the Russian Federation on January 28, 2016 No. 40869 ("the Bulletin of the Bank of Russia" of February 24, 2016 No. 17 - 18) (further - the Provision of the Bank of Russia No. 526-P), the following changes.

1.1. In Item 1.2 of the word "in the form of tables and text explanations" to exclude.

1.2. The second offer of Item 1.3 to exclude.

1.3. State Item 1.5 in the following edition:

"1.5. In this Provision requirements of the following International Financial Reporting Standards are applied (further - IFRS):

IFRS (IAS) 1 "Accounts presentation" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation of December 28, 2015 No. 217n "About introduction of International accounting standards and Explanations of International accounting standards in action in the territory of the Russian Federation and about recognition voided some orders (separate provisions of orders) of the Ministry of Finance of the Russian Federation", the registered Ministry of Justice of the Russian Federation on February 2, 2016 No. 40940 ("The official Internet portal of legal information" (www.pravo.gov.ru), on February 8, 2016) (further - the order of the Ministry of Finance of the Russian Federation No. 217n), with amendments, enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation of June 27, 2016 No. 98n "About introduction of documents of International accounting standards in action in the territory of the Russian Federation and about recognition voided some orders of the Ministry of Finance of the Russian Federation", the registered Ministry of Justice of the Russian Federation on July 15, 2016 No. 42869 ("The official Internet portal of legal information" (www.pravo.gov.ru), on July 18, 2016) (further - the order of the Ministry of Finance of the Russian Federation No. 98n) (further - IFRS (IAS) 1);

IFRS (IAS) 2 "Inventories" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 2);

IFRS (IAS) 7 the "Cash flow statement" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IAS) 7);

IFRS (IAS) 8 "Accounting policy, changes in accounting valuations and mistakes", enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n, with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 8);

IFRS (IAS) 10 "Event after the accounting period" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IAS) 10);

IFRS (IAS) 12 "Income taxes" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 12);

IFRS (IAS) 16 "Fixed assets" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 16);

IFRS (IAS) 17 "Lease" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 17);

IFRS (IAS) 19 of "Employee benefit" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 19);

IFRS (IAS) 21 "Influence of changes of the currency rates" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 21);

IFRS (IAS) 23 "Costs on borrowings" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 23);

IFRS (IAS) 24 "Disclosure of information on the related parties" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IAS) 24);

IFRS (IAS) 27 "Separate financial statements" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 27);

IFRS (IAS) 28 "Investment into associated organizations and joint businesses" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 28);

IFRS (IAS) 29 "Financial reporting in hyper inflation economy" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IAS) 29);

IFRS (IAS) 32 "Financial instruments: representation", enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n, with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 32);

IFRS (IAS) 33 "Profit per share" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IAS) 33);

IFRS (IAS) 34 "Interim financial statements" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 34);

IFRS (IAS) 36 "Asset impairment" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 36);

IFRS (IAS) 37 "Estimative obligations, contingent obligations and contingent assets" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 37);

IFRS (IAS) 38 "Intangible assets" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 38);

IFRS (IAS) 39 "Financial instruments: recognition and assessment", enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n, with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 39);

IFRS (IAS) 40 "Investment real estate" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IAS) 40);

IFRS (IFRS) 2 "Payment on the basis of shares" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 2);

IFRS (IFRS) 4 "Insurance contracts" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 4);

IFRS (IFRS) 5 "Non-current assets, held for sale, and discontinued operation", enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n, with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 5);

IFRS (IFRS) 7 "Financial instruments: disclosure of information", enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n, with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 7);

IFRS (IFRS) 8 "Operating segments" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IFRS) 8);

IFRS (IFRS) 9 "Financial instruments" in edition of 2014 enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 9);

IFRS (IFRS) 11 "Joint venture" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 11);

IFRS (IFRS) 12 "Disclosure of information on participation in other organizations" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n with the amendments enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 12);

IFRS (IFRS) 13 "Assessment of fair value" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 217n (further - IFRS (IFRS) 13);

IFRS (IFRS) 15 "Revenue under contracts with buyers" enacted in the territory of the Russian Federation by the order of the Ministry of Finance of the Russian Federation No. 98n (further - IFRS (IFRS) 15).".

1.4. Add Chapter 1 with Item 1.6 of the following content:

"1.6. The insurer has the right to make the decision on application of IFRS (IFRS) 9 since January 1, 2017 and to reflect this decision in accounting policy.".

1.5. Recognize Chapter 2 invalid.

1.6. Add with Chapter 2.1 of the following content:

"Chapter 2.1. Annual accounting (financial) accounts of the insurer

2.1.1. Chapter provisions 2 this provision are not applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017. Provisions of this Chapter are applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The annual accounting (financial) accounts of insurance company include forms of the reporting and the note:

0420125 "The balance sheet of insurance company" (appendix 1.1 to this Provision);

0420126 "Report on financial results of insurance company" (appendix 3.1 to this Provision);

appendices to the balance sheet and report on financial results:

0420127 "Report on changes of equity of insurance company" (appendix 5.1 to this Provision);

0420128 "Report on cash flows of insurance company" (appendix 7.1 to this Provision);

notes as a part of accounting (financial) records of insurance company (appendix 9.1 to this Provision).

2.1.2. The annual accounting (financial) accounts of insurance company, except the medical insurance company performing activities in the field of compulsory medical insurance join the following notes:

note 1 "The main activities of the insurer";

the note 2 "Economic environment in which the insurer performs the activities";

note 3 "Bases of creation of the reporting";

note 4 "Accounting policies, important accounting valuations and professional judgments in application of accounting policy";

note 5 "Money";

the note 6 "The financial assets without fail classified as estimated at fair value through profit or loss";

the note 7 "The financial assets classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 8 "The financial assets estimated at fair value through other comprehensive income: debt instruments";

the note 9 "The financial assets estimated at fair value through other comprehensive income: equity instruments";

the note 10 "The financial assets estimated on depreciated cost: deposits and the other placed means in credit institutions and nonresident banks";

the note 11 "The financial assets estimated on depreciated cost: loans, the other placed means and other receivables";

note 12 "Receivables on transactions of insurance, joint insurance and reinsurance";

the note 14 "Reserves and share of overcautious persons in reserves according to the life insurance contracts classified as insurance";

the note 15 "Share of overcautious persons in life insurance agreement obligations, classified as investment";

the note 16 "Reserves and share of overcautious persons in reserves on insurance to other, than life insurance";

note 17 "Investments into associates";

note 18 "Investments into jointly controlled entities";

note 19 "Investments into affiliated enterprises";

the note 20 "The assets and liabilities included in the disposal groups classified as held for sale";

note 21 "Investment property";

note 22 "Intangible assets";

note 23 "Fixed assets";

the note 24 "The postponed acquisition expenses and the income";

note 25 "Other assets";

the note 26 "The financial liabilities without fail classified as estimated at fair value through profit or loss";

the note 27 "The financial liabilities classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 28 "The financial liabilities estimated on depreciated cost: the credits, loans and the other raised funds";

the note 29 "The financial liabilities estimated on depreciated cost: issued debt securities";

the note 30 "The financial liabilities estimated on depreciated cost: other accounts payable";

note 32 "Accounts payable on transactions of insurance, joint insurance and reinsurance";

the note 33 "Life insurance agreement obligations, classified as receipts of additional benefits, investment with non-quaranteed opportunity";

the note 34 "Life insurance agreement obligations, classified as receipts of additional benefits, investment without non-quaranteed opportunity";

the note 35 "Obligations on the employee benefits upon termination of labor activity which are not limited to fixed payments";

the note 36 "Reserves - estimative obligations";

note 37 "Other obligations";

note 38 "Capital"

note 39 "Capital management";

the note 41 "Insurance premiums on transactions of insurance, joint insurance, life reinsurance - net - reinsurance";

the note 42 "Payments for insurance, joint insurance, life reinsurance - net - reinsurance";

the note 43 "Change of reserves and obligations on transactions of insurance, joint insurance, life reinsurance - net - reinsurance";

the note 44 "Expenses on conducting transactions on insurance, joint insurance, life reinsurance - net - reinsurance";

note 45 "Other incomes and expenses on life insurance";

the note 46 "Insurance premiums on transactions of insurance, joint insurance, reinsurance of other, than life insurance, - net - reinsurance";

the note 47 "The taken place losses on insurance to other, than life insurance, - net - reinsurance";

the note 48 "Expenses on conducting transactions on insurance, joint insurance, reinsurance to other, than life insurance, - net - reinsurance";

note 49 "Assignments from insurance premiums";

the note 50 "Other incomes and expenses on insurance to other, than life insurance";

note 51 "Interest incomes";

the note 52 "The income less expenses (expenses less the income) from financial instrument transactions, without fail classified as estimated at fair value through profit or loss";

the note 53 "The income less expenses (expenses less the income) from financial instrument transactions, classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 54 "The income less expenses (expenses less the income) from transactions with the debt instruments estimated at fair value through other comprehensive income";

the note 55 "The income less expenses (expenses less the income) from transactions with the equity instruments estimated at fair value through other comprehensive income";

the note 56 "Reserves under impairment of the financial assets estimated on depreciated cost";

the note 57 "The income less expenses (expenses less the income) from transactions with investment property";

the note 58 "Other investment revenues less expenses (expenses less the income)";

note 59 "Total and administrative expenses";

note 60 "Interest expenses";

the note 61 "The income less expenses (expenses less the income) from transactions with the financial liabilities classified as estimated at fair value through profit or loss at the discretion of the insurer";

note 63 "Other incomes and expenses";

note 64 "Income tax";

note 65 "Dividends";

note 66 "Profit (loss) on the share";

note 67 "Segment analysis";

note 68 "Risk management";

note 69 "Transfer of financial assets";

note 70 "Contingent obligations";

note 71 "Derivative financial instruments and accounting of hedging";

note 72 "Fair value of financial instruments";

note 73 "Offset of financial assets and financial liabilities";

note 74 "Transactions with the related parties";

note 75 "Events after the reporting period".

2.1.3. The annual accounting (financial) accounts of society of mutual insurance include forms of the reporting and the note:

0420140 "The balance sheet of society of mutual insurance" (appendix 2.1 to this Provision);

0420141 "Report on target use of means of society of mutual insurance" (appendix 15 to this Provision);

appendices to the balance sheet and report on target use of means:

0420142 "Report on financial results of society of mutual insurance" (appendix 4.1 to this Provision);

0420143 "Report on changes of equity of society of mutual insurance" (appendix 6.1 to this Provision);

0420144 "Report on cash flows of society of mutual insurance" (appendix 8.1 to this Provision);

notes as a part of accounting (financial) records of society of mutual insurance (appendix 9.1 to this Provision).

2.1.4. The annual accounting (financial) accounts of society of mutual insurance join the following notes:

note 1 "The main activities of the insurer";

the note 2 "Economic environment in which the insurer performs the activities";

note 3 "Bases of creation of the reporting";

note 4 "Accounting policies, important accounting valuations and professional judgments in application of accounting policy";

note 5 "Money";

the note 6 "The financial assets without fail classified as estimated at fair value through profit or loss";

the note 7 "The financial assets classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 8 "The financial assets estimated at fair value through other comprehensive income: debt instruments";

the note 9 "The financial assets estimated at fair value through other comprehensive income: equity instruments";

the note 10 "The financial assets estimated on depreciated cost: deposits and the other placed means in credit institutions and nonresident banks";

the note 11 "The financial assets estimated on depreciated cost: loans, the other placed means and other receivables";

note 12 "Receivables on transactions of insurance, joint insurance and reinsurance";

the note 16 "Reserves and share of overcautious persons in reserves on insurance to other, than life insurance";

note 17 "Investments into associates";

note 18 "Investments into jointly controlled entities";

note 19 "Investments into affiliated enterprises";

the note 20 "The assets and liabilities included in the disposal groups classified as held for sale";

note 21 "Investment property";

note 22 "Intangible assets";

note 23 "Fixed assets";

the note 24 "The postponed acquisition expenses and the income";

note 25 "Other assets";

the note 26 "The financial liabilities without fail classified as estimated at fair value through profit or loss";

the note 27 "The financial liabilities classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 28 "The financial liabilities estimated on depreciated cost: the credits, loans and the other raised funds";

the note 29 "The financial liabilities estimated on depreciated cost: issued debt securities";

the note 30 "The financial liabilities estimated on depreciated cost: other accounts payable";

note 32 "Accounts payable on transactions of insurance, joint insurance and reinsurance";

the note 35 "Obligations on the employee benefits upon termination of labor activity which are not limited to fixed payments";

the note 36 "Reserves - estimative obligations";

note 37 "Other obligations";

the note 46 "Insurance premiums on transactions of insurance, joint insurance, reinsurance of other, than life insurance, - net - reinsurance";

the note 47 "The taken place losses on insurance to other, than life insurance, - net - reinsurance";

the note 48 "Expenses on conducting transactions on insurance, joint insurance, reinsurance to other, than life insurance, - net - reinsurance";

note 49 "Assignments from insurance premiums";

the note 50 "Other incomes and expenses on insurance to other, than life insurance";

note 51 "Interest incomes";

the note 52 "The income less expenses (expenses less the income) from financial instrument transactions, without fail classified as estimated at fair value through profit or loss";

the note 53 "The income less expenses (expenses less the income) from financial instrument transactions, classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 54 "The income less expenses (expenses less the income) from transactions with the debt instruments estimated at fair value through other comprehensive income";

the note 55 "The income less expenses (expenses less the income) from transactions with the equity instruments estimated at fair value through other comprehensive income";

the note 56 "Reserves under impairment of the financial assets estimated on depreciated cost";

the note 57 "The income less expenses (expenses less the income) from transactions with investment property";

the note 58 "Other investment revenues less expenses (expenses less the income)";

note 59 "Total and administrative expenses";

note 60 "Interest expenses";

the note 61 "The income less expenses (expenses less the income) from transactions with the financial liabilities classified as estimated at fair value through profit or loss at the discretion of the insurer";

note 63 "Other incomes and expenses";

note 64 "Income tax";

note 68 "Risk management";

note 69 "Transfer of financial assets";

note 70 "Contingent obligations";

note 71 "Derivative financial instruments and accounting of hedging";

note 72 "Fair value of financial instruments";

note 73 "Offset of financial assets and financial liabilities";

note 74 "Transactions with the related parties";

note 75 "Events after the reporting period".

2.1.5. The annual accounting (financial) accounts of the medical insurance company performing activities in the field of compulsory medical insurance join the following notes:

note 1 "The main activities of the insurer";

the note 2 "Economic environment in which the insurer performs the activities";

note 3 "Bases of creation of the reporting";

note 4 "Accounting policies, important accounting valuations and professional judgments in application of accounting policy";

note 5 "Money";

the note 6 "The financial assets without fail classified as estimated at fair value through profit or loss";

the note 7 "The financial assets classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 8 "The financial assets estimated at fair value through other comprehensive income: debt instruments";

the note 9 "The financial assets estimated at fair value through other comprehensive income: equity instruments";

the note 10 "The financial assets estimated on depreciated cost: deposits and the other placed means in credit institutions and nonresident banks";

the note 11 "The financial assets estimated on depreciated cost: loans, the other placed means and other receivables";

note 12 "Receivables on transactions of insurance, joint insurance and reinsurance";

the note 13 "Receivables on transactions in the field of compulsory medical insurance";

the note 16 "Reserves and share of overcautious persons in reserves on insurance to other, than life insurance";

note 17 "Investments into associates";

note 18 "Investments into jointly controlled entities";

note 19 "Investments into affiliated enterprises";

the note 20 "The assets and liabilities included in the disposal groups classified as held for sale";

note 21 "Investment property";

note 22 "Intangible assets";

note 23 "Fixed assets";

the note 24 "The postponed acquisition expenses and the income";

note 25 "Other assets";

the note 26 "The financial liabilities without fail classified as estimated at fair value through profit or loss";

the note 27 "The financial liabilities classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 28 "The financial liabilities estimated on depreciated cost: the credits, loans and the other raised funds";

the note 29 "The financial liabilities estimated on depreciated cost: issued debt securities";

the note 30 "The financial liabilities estimated on depreciated cost: other accounts payable";

the note 31 "Accounts payable on transactions in the field of compulsory medical insurance";

note 32 "Accounts payable on transactions of insurance, joint insurance and reinsurance";

the note 35 "Obligations on the employee benefits upon termination of labor activity which are not limited to fixed payments";

the note 36 "Reserves - estimative obligations";

note 37 "Other obligations";

note 38 "Capital"

note 39 "Capital management";

note 40 "Target use of means of compulsory medical insurance";

the note 46 "Insurance premiums on transactions of insurance, joint insurance, reinsurance of other, than life insurance, - net - reinsurance";

the note 47 "The taken place losses on insurance to other, than life insurance, - net - reinsurance";

the note 48 "Expenses on conducting transactions on insurance, joint insurance, reinsurance to other, than life insurance, - net - reinsurance";

note 49 "Assignments from insurance premiums";

the note 50 "Other incomes and expenses on insurance to other, than life insurance";

note 51 "Interest incomes";

the note 52 "The income less expenses (expenses less the income) from financial instrument transactions, without fail classified as estimated at fair value through profit or loss";

the note 53 "The income less expenses (expenses less the income) from financial instrument transactions, classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 54 "The income less expenses (expenses less the income) from transactions with the debt instruments estimated at fair value through other comprehensive income";

the note 55 "The income less expenses (expenses less the income) from transactions with the equity instruments estimated at fair value through other comprehensive income";

the note 56 "Reserves under impairment of the financial assets estimated on depreciated cost";

the note 57 "The income less expenses (expenses less the income) from transactions with investment property";

the note 58 "Other investment revenues less expenses (expenses less the income)";

note 59 "Total and administrative expenses";

note 60 "Interest expenses";

the note 61 "The income less expenses (expenses less the income) from transactions with the financial liabilities classified as estimated at fair value through profit or loss at the discretion of the insurer";

the note 62 "The income and expenses on transactions in the field of compulsory medical insurance";

note 63 "Other incomes and expenses";

note 64 "Income tax";

note 65 "Dividends";

note 66 "Profit (loss) on the share";

note 67 "Segment analysis";

note 68 "Risk management";

note 69 "Transfer of financial assets";

note 70 "Contingent obligations";

note 71 "Derivative financial instruments and accounting of hedging";

note 72 "Fair value of financial instruments";

note 73 "Offset of financial assets and financial liabilities";

note 74 "Transactions with the related parties";

note 75 "Events after the reporting period".".

1.7. Declare Item 3.1 invalid.

1.8. Add with Item 3.1.1 of the following content:

"3.1.1. Provisions of Item 3.1 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The intermediate accounting (financial) records of insurance company include forms of the reporting and the note:

0420125 "The balance sheet of insurance company" (appendix 1.1 to this Provision):

for the first quarter of accounting year - as of March 31 of accounting year and for December 31 of previous year;

for the first half of the year of accounting year - as of June 30 of accounting year and for December 31 of previous year;

in nine months of accounting year - as of September 30 of accounting year and for December 31 of previous year;

0420126 "The report on financial results of insurance company" (appendix 3.1 to this Provision) for the current intermediate accounting period and the accruing result since the beginning of accounting year to reporting date:

for the first quarter of accounting year - from January 1 till March 31 of accounting year and comparative information from January 1 till March 31 of the previous accounting year;

for the first half of the year of accounting year - from April 1 till June 30 of accounting year and comparative information from April 1 till June 30 of the previous accounting year, and also from January 1 till June 30 of accounting year and comparative information from January 1 till June 30 of the previous accounting year;

in nine months of accounting year - from July 1 till September 30 of accounting year and comparative information from July 1 till September 30 of the previous accounting year, and also from January 1 till September 30 of accounting year and comparative information from January 1 till September 30 of the previous accounting year;

0420127 "The report on changes of equity of insurance company" (appendix 5.1 to this Provision) the accruing result since the beginning of accounting year to reporting date:

for the first quarter of accounting year - from January 1 till March 31 of accounting year and comparative information from January 1 till March 31 of the previous accounting year;

for the first half of the year of accounting year - from January 1 till June 30 of accounting year and comparative information from January 1 till June 30 of the previous accounting year;

in nine months of accounting year - from January 1 till September 30 of accounting year and comparative information from January 1 till September 30 of the previous accounting year;

0420128 "The report on cash flows of insurance company" (appendix 7.1 to this Provision) the accruing result from the beginning of accounting year to reporting date:

for the first quarter of accounting year - from January 1 till March 31 of accounting year and comparative information from January 1 till March 31 of the previous accounting year;

for the first half of the year of accounting year - from January 1 till June 30 of accounting year and comparative information from January 1 till June 30 of the previous accounting year;

in nine months of accounting year - from January 1 till September 30 of accounting year and comparative information from January 1 till September 30 of the previous accounting year;

the chosen notes to accounting (financial) records.".

1.9. Declare Item 3.2 invalid.

1.10. Add with Item 3.2.1 of the following content:

"3.2.1. Provisions of Item 3.2 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the society of mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The intermediate accounting (financial) records of society of mutual insurance include forms of the reporting and the note:

0420140 "The balance sheet of society of mutual insurance" (appendix 2.1 to this Provision):

for the first quarter of accounting year - as of March 31 of accounting year and for December 31 of previous year;

for the first half of the year of accounting year - as of June 30 of accounting year and for December 31 of previous year;

in nine months of accounting year - as of September 30 of accounting year and for December 31 of previous year;

0420142 "The report on financial results of society of mutual insurance" (appendix 4.1 to this Provision) for the current intermediate accounting period and the accruing result since the beginning of accounting year to reporting date:

for the first quarter of accounting year - from January 1 till March 31 of accounting year and comparative information from January 1 till March 31 of the previous accounting year;

for the first half of the year of accounting year - from April 1 till June 30 of accounting year and comparative information from April 1 till June 30 of the previous accounting year, and also from January 1 till June 30 of accounting year and comparative information from January 1 till June 30 of the previous accounting year;

in nine months of accounting year - from July 1 till September 30 of accounting year and comparative information from July 1 till September 30 of the previous accounting year, and also from January 1 till September 30 of accounting year and comparative information from January 1 till September 30 of the previous accounting year;

0420143 "The report on changes of equity of society of mutual insurance" (appendix 6.1 to this Provision) the accruing result since the beginning of accounting year to reporting date:

for the first quarter of accounting year - from January 1 till March 31 of accounting year and comparative information from January 1 till March 31 of the previous accounting year;

for the first half of the year of accounting year - from January 1 till June 30 of accounting year and comparative information from January 1 till June 30 of the previous accounting year;

in nine months of accounting year - from January 1 till September 30 of accounting year and comparative information from January 1 till September 30 of the previous accounting year;

0420144 "The report on cash flows of society of mutual insurance" (appendix 8.1 to this Provision) the accruing result from the beginning of accounting year to reporting date:

for the first quarter of accounting year - from January 1 till March 31 of accounting year and comparative information from January 1 till March 31 of the previous accounting year;

for the first half of the year of accounting year - from January 1 till June 30 of accounting year and comparative information from January 1 till June 30 of the previous accounting year;

in nine months of accounting year - from January 1 till September 30 of accounting year and comparative information from January 1 till September 30 of the previous accounting year;

the chosen notes to accounting (financial) records.".

1.11. Declare Item 4.1 invalid.

1.12. Add with Item 4.1.1 of the following content:

"4.1.1. Provisions of Item 4.1 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The balance sheet of insurance company is constituted on the basis of the table of group of accounts of financial accounting according to balance sheet items of insurance company (appendix 10.1 to this Provision).".

1.13. Declare Item 4.2 invalid.

1.14. Add with Item 4.2.1 of the following content:

"4.2.1. Provisions of Item 4.2 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the society of mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The balance sheet of society of mutual insurance is constituted on the basis of the table of group of accounts of financial accounting according to balance sheet items of society of mutual insurance (appendix 11.1 to this Provision).".

1.15. Declare Item 4.3 invalid.

1.16. Add with Item 4.3.1 of the following content:

"4.3.1. Provisions of Item 4.3 of this provision are not applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

If any account of financial accounting is absent in appendices 10.1 and 11.1 to this Provision, remaining balance of such balance sheet account should be included in that balance sheet item which on economic content corresponds to the transaction reflected in this account, and in the absence of such Article - to reflect under the article "Other Assets" or under the article "Other Obligations" depending on the characteristic of the account.".

1.17. Add Chapter 4 with Item 4.7 of the following content:

"4.7. In case of need reflections of influence of retrospective restatement on the beginning of the preceding accounting period the insurer includes in structure of accounting (financial) records the additional balance sheet as of the beginning and the end of preceding period taking into account retrospective restatement.".

1.18. Declare Item 6.1 invalid.

1.19. Add with Item 6.1.1 of the following content:

"6.1.1. Provisions of Item 6.1 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The report on financial results of insurance company for the intermediate accounting period and year is constituted on the basis of the table of group of accounts of financial accounting and symbols of the report on financial results according to Articles of the report on financial results of insurance company (appendix 12.1 to this Provision).".

1.20. Declare Item 6.2 invalid.

1.21. Add with Item 6.2.1 of the following content:

"6.2.1. Provisions of Item 6.2 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the society of mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The report on financial results of society of mutual insurance for the intermediate accounting period and year is constituted on the basis of the table of group of accounts of financial accounting and symbols of the report on financial results according to Articles of the report on financial results of society of mutual insurance (appendix 13.1 to this Provision).".

1.22. Declare Item 6.3 invalid.

1.23. Add with Item 6.3.1 of the following content:

"6.3.1. Provisions of Item 6.3 of this provision are not applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

If any symbol of the report on financial results of the insurer is absent in appendices 12.1 and 13.1 to this Provision, remaining balance on such symbol of the report on financial results should be reflected under that Article which on economic content corresponds to transaction on this symbol, and in the absence of such Article - under the article "Other incomes" or under the article "Other expenses".".

1.24. Declare Item 6.4 invalid.

1.25. Add with Item 6.4.1 of the following content:

"6.4.1. Provisions of Item 6.4 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The interim statement on financial results of insurance company in quarter, half-year and nine months of accounting year joins account balances of financial accounting on accounting of the income and expenses of the current year as it is provided in appendix 12.1 to this Provision.".

1.26. Declare Item 6.5 invalid.

1.27. Add with Item 6.5.1 of the following content:

"6.5.1. Provisions of Item 6.5 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the society of mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The interim statement on financial results of society of mutual insurance in quarter, half-year and nine months of accounting year joins account balances of financial accounting on accounting of the income and expenses of the current year as it is provided in appendix 13.1 to this Provision.".

1.28. Declare Item 7.2 invalid.

1.29. Add with Item 7.21 of the following content:

"7.2.1. Provisions of Item 7.2 of this provision are not applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurer who made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

In columns 4 - the 17th report on changes of equity of insurance company and columns 4 - the 15th report on changes of equity of society of mutual insurance movement under the relevant articles for the accounting period and the previous accounting period reveals.".

1.30. Declare Item 7.3 invalid.

1.31. Add with Item 7.3.1 of the following content:

"7.3.1. Provisions of Item 7.3 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Column 18 of the report on changes of equity of insurance company contains the amount of measure values in columns 4 - 17 on the corresponding lines.".

1.32. Declare Item 7.4 invalid.

1.33. Add with Item 7.4.1 of the following content:

"7.4.1. Provisions of Item 7.4 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the society of mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Column 16 of the report on changes of equity of society of mutual insurance contains the amount of measure values in columns 4 - 15 on the corresponding lines.".

1.34. Declare Item 7.5 invalid.

1.35. Add with Item 7.5.1 of the following content:

"7.5.1. Provisions of Item 7.5 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The procedure for creation of the report on changes of equity of insurance company is provided in appendix 16.1 to this Provision. In case of absence in appendix 16.1 of the activity description such transaction shall be classified by change of equity according to its economic content in one of lines based on the professional judgment accepted by the head of insurance company. Detailed disclosure of information on such transaction shall be provided in the note 38 "Capital" of appendix 9.1 to this Provision.".

1.36. Declare Item 7.6 invalid.

1.37. Add Chapter 7 with Item 7.7 of the following content:

"7.7. Provisions of Item 7.6 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the society of mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

The procedure for creation of the report on changes of equity of society of mutual insurance is provided in appendix 17.1 to this Provision. In case of absence in appendix 17.1 of the activity description such transaction shall be classified by change of equity of society of mutual insurance according to its economic content in one of lines based on the professional judgment accepted by the head of society of mutual insurance.".

1.38. Declare Item 8.4 invalid.

1.39. Add with Item 8.4.1 of the following content:

"8.4.1. Provisions of Item 8.4 of this provision are not applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

Provisions of this Item are applied to the insurance company which made the decision on application of IFRS (IFRS) 9 since January 1, 2017. The procedure for creation of the report on cash flows of insurance company is provided in appendix 18.1 to this Provision.".

1.40. Declare Item 8.5 invalid.

1.41. Add with Item 8.5.1 of the following content:

"8.5.1. Provisions of Item 8.5 of this provision are not applied to society of the mutual insurance which made the decision on application of IFRS (IFRS) 9 since January 1, 2017.

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