Securities are recorded on an active account. Moscow State University of Printing Arts

The purchase of a security is the registration of a security on the balance sheet accounts in connection with the acquisition of ownership of the security.

Accounting records for the reflection in the accounting of investments in securities and transactions made with securities, are carried out on the basis of an internal document signed by the head of the bank (branch) or a person authorized by him.

The acquired securities are accounted for in the balance sheet accounts of Section 5 "Operations with Securities".

Securities are purchased for the purpose of forming:

• - the bank's trade portfolio;
• - investment income, form an investment portfolio;
• - portfolio of controlling participation.

The trading portfolio includes quoted securities purchased for the purpose of generating income from their sale (resale), as well as securities that are not intended to be held in the portfolio for more than 180 days and can be sold and meet the following requirements:

• a) quoted securities purchased for the purpose of their resale within 180 calendar days inclusive. These securities are accounted for by groups of issuing entities on balance sheet accounts of the second order 50104-50110 "Debts purchased for resale and under loan agreements", 50605-50608 "Shares acquired for resale and under loan agreements". Analytical accounting is carried out in the context of securities issues;
• b) quoted and unquoted securities purchased under agreements providing for the possibility of their: multiple sale within 180 calendar days inclusive. These securities are accounted for on balance sheet accounts of the second order 50113 "Debts purchased under agreements to resell", 50611 "Shares purchased under agreements to resell" regardless of the issuer). Analytical accounting is carried out in the context of each contract;
• c) quoted and unquoted securities purchased under loan agreements (regardless of the term of the agreement and the issuer) are accounted for on balance sheet accounts of the second order 50115 "Debt obligations acquired under loan agreements", 50613 "Shares acquired under loan agreements" ... Analytical accounting is maintained in the context of each contract.

Analytical accounting is maintained in accordance with the selected method for assessing the cost of retired (sold) securities in terms of issues or individual securities (their lots).

Securities of the investment portfolio are shown on balance sheet accounts 503 "Quoted debenturespurchased for investment ", 508" Quoted shares purchased for investment "502" Unquoted promissory notes ", 507" Unquoted shares ". Unquoted securities are accounted for as acquired for obtaining investment income or as available for resale (in the calculation on the growth of their value).

Securities purchased with a view to holding them for more than 180 calendar days are also included in the investment portfolio.

If the number of voting shares of one joint-stock company on the accounts of the controlling participation portfolio is less than 50% of the authorized capital, then the remaining shares are subject to transfer to the accounts of investment or trading portfolios.

Quoted securities are securities that meet the following conditions:

• - admission to circulation on an open organized market or through a trade organizer on the securities market (including foreign open organized markets or trade organizers), which has the appropriate license from the Federal Commission for the Securities Market, and for foreign organized markets or trade organizers - a national authorized body;
• - the turnover for the last calendar month on the above-mentioned organized open market or through the trade organizer is not less than the average amount of transactions per month, which, in accordance with regulations The Federal Commission for the Securities Market is set to include securities on the first level quotation list;
• - information about the market price is publicly available, that is, it is subject to disclosure in accordance with Russian and foreign legislation on the securities market, or access to it does not require the user to have special rights.

If a security ceases to meet the criteria of a quoted security, it must be transferred to balance sheet accounts for accounting for unquoted securities. If an unquoted security begins to meet the criteria of a quoted security, then it must be transferred to balance sheet accounts for accounting for quoted securities.

The date of transactions for the purchase and disposal of securities is the date of transfer of rights to the security.

In accounting, transactions are reflected on the day of receipt primary documents, confirming the transfer of rights to the security, or on the day of the fulfillment of the terms of the agreement determining the transfer of rights.

Transactions and transactions for which the transfer of rights or settlements are carried out on the date of the transaction are subject to reflection on balance sheet accounts 47407, 47408 "Settlements on conversion transactions and forward transactions" (off-balance accounting is not kept in this case).

Securities are accepted for accounting at the actual cost of purchasing them in the currency of the Russian Federation (in rubles). Costs in foreign currency are recognized at the official exchange rate of the Bank of Russia as of the date of transfer of rights to securities, and preliminary costs - at the date of acceptance for accounting. The costs associated with the acquisition and disposal (sale) of securities include:

• - costs of paying for the services of specialized organizations and other persons for consulting, information and registration services;
• - fees paid to intermediaries;
• - remuneration paid to organizations that ensure the conclusion and execution of transactions;
• - and for interest-bearing (coupon) securities - also interest (coupon) income paid upon their purchase.

Depending on the purposes of the acquisition, the accounting of investments in securities is carried out by the following methods:

• a) at the purchase price;
• b) at the market price.

Securities in the investment portfolio and the controlling interest portfolio are recorded in accounting only at the acquisition price (book value when transferring from the trading portfolio). Also, the purchase price (the amount of the principal debt) includes securities purchased under loan agreements and purchased under agreements to resell.

Listed securities listed in the trading portfolio for resale are only recorded at the market price.

Balance accounts 61203 and 61204 "Sale (disposal) of securities" are used to reflect transactions related to the disposal of securities and the determination of the financial result.

The credit of the sales (disposal) accounts reflects the amount received in the redemption of the security.

The debit of these accounts is written off the amount of the cost of the security.

On the same day, the financial result shall be credited to the accounts for recording income or expenses from the resale (redemption) of securities.

The financial result upon disposal of a security is defined as difference between cost security and the redemption price or the retirement (sale) price determined by the agreement.

One of the following methods for assessing the cost of sold and retired securities should be defined in the accounting policy:

• -- by average cost... Average cost valuation method - writing off securities of one issue regardless of the order in which they are credited to the corresponding second-order account. When application of this method of investing in securities of one of the issue includes all securities of this issue, listed on the corresponding second-order account, and when they are retired (sold) are written off to the prime cost in proportion to the number of retired (sold) securities. In this case, analytical accounting is kept on the personal account of the issue;
• - at the cost of the first in the time of acquisition (FIFO). FIFO method - upon disposal (sale) of securities, investments in appropriate amount the first by the time of crediting to the balance sheet account of the second order of securities of this issue;
• - at the cost of the most recent acquisition (LIFO). Method LIFO (LIFO) - when foam securities are retired (sold), investments in the corresponding number of the latest securities of this issue were credited to the second-order balance sheet account at the cost of the retired securities.

When making sale and purchase transactions with interest-bearing (coupon) debt obligations, in the terms of the transaction, interest (coupon) income is allocated for the time from the beginning of the interest (coupon) period until the date of transition of the debt to the debt obligation that is the subject of the transaction, inclusive.

If, for some reason, when concluding the transaction, "the accumulated interest (coupon) income was not indicated: -: as a separate item in its terms, the bank is obliged to separate it from the purchase or sale price of the debt obligation.

The accounting of income and expenses on accumulated interest (coupon) income is carried out on balance account 504 "Accumulated interest (coupon) income on interest (coupon) debt obligations". For separate accounting of the received and paid interest (coupon) income, second order accounts are opened 50405 "Accumulated interest (coupon) income received upon sale or redemption on interest (coupon debt obligations" and 50406 "Accumulated interest (coupon) income paid upon acquisition on interest ( coupon) debt obligations ".

In accounting, the purchase of a security is reflected in the following entries:

1) the value of the security is accounted for:

Dt of the personal account of balance sheet accounts of the second order of the corresponding portfolio

2) accrued interest income paid upon acquisition is reflected:

Dt 50406 "Accumulated interest (coupon) income on interest (coupon) debt obligations, paid upon acquisition"

CT 30102, 20202, 40702, 47407, 47408, 30602;

3) reflects the costs associated with the purchase of a security:

Dt 50905 "Costs associated with the purchase and sale of securities"

CT 30102, 20202, 40702, 47422, 30602.

If the issuer fails to fulfill its obligations to repay the half-obligation fixed time all costs of its acquisition are transferred to account 50505 "Investments in overdue debt obligations".

This operation is reflected in accounting entries:

a) in the amount of the book value of the security:

CT of the personal account of balance sheet accounts of the second order of the corresponding portfolio;

b) in the amount of interest (coupon) income paid upon acquisition:

Dt 50505 "Investments in overdue debt obligations"

Кт 50406 "Accumulated interest (coupon) income on interest (coupon) debt obligations, paid upon purchase";

c) for the amount of costs associated with the acquisition:

Dt 50505 "Investments in overdue debt obligations"

Kt 50905 "Costs associated with the purchase and sale of securities."

Securities purchased to form a trading portfolio are subject to revaluation at least once a month and no later than the last business day of the reporting month.

Revaluation of securities - determination of the book value of securities that are in the portfolio of a credit institution as of the end of the business day. Revaluation is performed by multiplying the number of securities by their market price.

When revaluation is carried out, the balance of securities formed at the end of the day after the accounting of transactions on the acquisition or disposal of piebald securities (including transfers from other portfolios) is subject to revaluation.

The revaluation results on the same day are reflected in the following accounting entries:

a) in case of an increase in the value of investments in securities based on the results of revaluation:

Dt 50104-50110, 50605-50608 balance account second: order of the trading portfolio, corresponding to the front score.

Кт 50111, 50609 "Revaluation of securities - positive differences";

b) with a decrease in the value of investments in securities with the results of revaluation:

Dt 50112, 50610 "Revaluation of securities - negative differences"

Kt 50104-50110, 50605-50608 of the balance account of the second order of the trading portfolio, the corresponding personal account.

On the last business day of the reporting month after the revaluation is carried out, the balance on the corresponding personal account is charged to the accounts for recording income or expenses from the revaluation of securities. In this case, the following entries are made in the accounting:

a) a positive difference is written off upon revaluation:

Dt 50111, 50609 "Revaluation of securities - positive differences"

Кт 70102 "Incomes received from operations with securities :, securities";

b) a negative revaluation difference is written off: Dt 70204 "Expenses on transactions with securities" CT 50112, 50610 "Revaluation of securities - negative differences".

Disposal of a security is reflected in the following accounting entries:

1) The book value of the securities was written off:

CT of the personal account of the balance sheet accounts of the second order of the corresponding portfolio.

2) the accrued interest income received upon disposal (sale) was written off:

Dt 61204 "Disposal (sale) of securities"

Кт 50450 “Accumulated interest (coupon) income on interest (coupon) debt obligations received upon sale or redemption”;

3) the costs associated with the purchase and sale of the security were written off:

Dt 61204 "Disposal (sale) of securities"

Kt 50905 “Costs associated with the purchase and sale of securities”.

The costs of disposal (sale) of a security related to this transaction can be written off, bypassing account 50905 “Costs associated with the acquisition and sale of securities”, directly in correspondence with accounts for cash accounting, 47422 “Liabilities on other transactions” , 30602 “Settlements of credit institutions-principals (commitors) for brokerage operations with securities and other financial assets”.

4) Funds have been received for the sold security at the price determined by the terms of the agreement:

Dt 30102, 20202, 40702, 30602, 47407, 47408

• 5) The financial result on disposal of the security is determined:
  • a) positive financial result:

Dt 61203 "Disposal (sale) of securities"

Kt 70102 “Income received from operations with securities”;

b) negative financial result:

Dt 70204 "Expenses on transactions with securities"

Kt 61204 “Disposal (sale) of securities”.

• 6) Accounts for recording the accumulated interest (coupon) income are closed:
  • a) for the amount of accumulated interest income paid:

Дт 50405 "Received on sale or redemption: accumulated interest (coupon) income on interest (coupon) debt obligations"

Кт 50406 "Accumulated interest (coupon) income n: interest (coupon) debt obligations, paid upon acquisition";

b) referring the final balance to accounts for accounting for interest income from investments in debt obligations under the relevant items and symbols of the Scheme for analytical accounting of income and expenses:

Дт 50405 "Accumulated interest (coupon) income received on sale or redemption on interest (coupon) debt obligations"

7) received regular interest payments (redemption of the next coupon) on the outstanding debt obligations:

Dt 30102, 20202, 40702, 30602

Кт 50405 "Accumulated interest (coupon) income received on sale or redemption on interest (coupon) debt obligations".

On the same day, accounts are closed for recording the accumulated interest (coupon) income:

Дт 50405 "Accumulated interest (coupon) income received on sale or redemption on interest (coupon) debt obligations"

Кt 70102 "Income received from operations with securities".

At the end of the working day and in the daily balance of account balances 50405 "Accumulated interest (coupon) income on interest (coupon) debt obligations received upon sale or redemption" should not be. When paying interest (coupon) income on securities, the date of receipt of income is the day when the issuer fulfills its obligations to pay interest (coupon) income.

Topic 7: ACCOUNTING OF INVESTMENTS (INVESTMENTS)

IN SECURITIES AND SECURITIES

Introduction. 1

1. Basics of accounting for transactions with securities. 1

Basic concepts 4

2. Reflection of investments in securities on accounts accounting. 7

3. Reflection in the accounting of the value of securities, transactions for their acquisition and disposal and financial results. nine

Introduction

In this lesson, we will look at maintaining accounting records of investments in securities and debt obligations.

Debt income in the form of interest (coupons) is a separate category of income. When performing transactions with interest (coupon) debt obligations, the accounting of the accumulated interest (coupon) income (paid and received) is kept separately and is not taken into account when determining income / expenses from the disposal (sale) of a security.

Accounting records on the reflection in the accounting of investments in securities and transactions with securities are made on the basis of an internal document signed by the head of the credit institution (branch) or a person authorized by him.

Fundamentals of accounting for securities transactions

The main legislative document in the field of securities accounting is the instruction of the State Bank of the USSR dated March 14, 1991 No. 341 "On accounting for securities and some other operations in commercial banks" (as amended by the letter of the Central Bank of the Russian Federation dated January 6, 1993 No. 27).

Securities represent cash documents two types:

Equity securities;

Debt securities.

Equity securities -these are shares, meaning the share of the contribution of a legal or natural person in the total volume of capital created.

Debt securities -government bonds (bonds), certificates of deposit, bills of exchange, etc.

When working with securities, there are two parties, two participants:

investor-buyer (legal entity or individual),

issuer-seller (legal entity).

The development of the securities market is a feature of today. The increased interest of commercial banks in investments in securities has a positive effect on the structure of its assets and at the same time brings significant income (profit).

It is known that investments in the capital of various joint-stock companies enable the bank not only to receive dividends (income), but also to participate in its management, to be a co-owner of this company. Currently, banks are allowed to create subsidiaries or banks, which also requires investment and makes it possible to increase income.

It is also beneficial for the bank to act as the main founder of, for example, an insurance company or to acquire shares in commodity and stock exchanges. Investments in the purchase of government debt are considered effective. In relation to debt obligations, we define the concept of "investment diversification". This is an opportunity to reduce the risk of serious losses by the bank by distributing investments between many different securities (by their types, sectors of the economy, regions, maturity) instead of one type, term, etc.

Knowing that some commercial banks are created in the form of a joint-stock company, both closed and open, we note that their authorized capital is formed by issuing and placing their own shares. This type of shares is a title of ownership, share paper, its owner acts as the owner of a certain share of the bank's property.

Distinguish between preferred and ordinary shares in terms of the accrual of dividends and participation in the management of a joint stock company. The former have a fixed income, regardless of the amount of profit received by the bank, but do not participate in its management. The latter are not guaranteed to receive dividends, but they have the right to vote in the management of the bank. In addition, a distinction is made between registered and bearer shares, and typesubscriptions - private or open.

The main form of payment for shares is considered cash, but a contribution to the authorized capital is also possible in kind: fixed assets, household inventory, etc. The bank's expenses related to the issue of shares are charged to account No. 70204 “Expenses on operations with securities”.

If a state specialized bank is transformed into a joint-stock bank, then in accounting all transactions on the transfer of property are drawn up by drawing up a transfer balance (report) on the day the bank is registered. The transformation of a share bank into a joint-stock bank takes place by re-registering the shares of the shareholders into their share in the share capital. This process is not registered with accounting entries.

The designation of securities, accounting for investments in debt obligations is carried out on the accounts:

501 - government bonds;

502, 507 - bonds of the constituent entities of the Russian Federation and local authorities;

503, 506 - certificates of deposit;

508-511 - promotions;

503, 504, 506, 507 - other securities.

The listed accounts are active, each of which is subdivided into accounts of the second order, depending on the category of investments.

To account for transactions on the movement of securities by their types and maturities, the chart of accounts contains the section "Transactions with securities", which is subdivided into groups and accounts of the first and second order.

1. Investments in debt obligations, accounts of the first order No. 501-507 and the second order by codes:

01 - purchased under REPO transactions;

02 - purchased for resale;

03 - purchased for investment;

04 - provisions for possible impairment.

2. Investments in shares, first-order accounts: No. 508 "Shares of banks"; No. 509 “Other Shares”; No. 510 “Shares of Non-Resident Banks”; No. 511 "Other shares of non-residents". Second-order accounts have the same cipher values \u200b\u200b(see above).

3. Discounted promissory notes, first-order accounts No. 512-519, are subdivided into second-order accounts by codes:

01 - on demand;

02 - with maturity up to 30 days;

03 - with a maturity of 31 to 90 days;

04 - with maturity from 91 to 180 days;

05 - with a maturity of 181 to 1 year;

06 - with a maturity of over 1 year to 3 years;

07 - with a maturity of over 3 years;

08 - not paid on time and protested;

09 - not paid on time and unprotested;

10 - reserves for possible losses.

4. Securities issued by banks, first-order accounts:

№ 520 "Issued bonds";

№ 521 "Issued certificates of deposit";

№ 522 "Issued savings certificates";

№ 523 "Issued promissory notes and bank acceptances."

Each account is subdivided into second tier accounts with maturities ranging from 30 days to over 3 years.

In the event that banks issue bonds, certificates of deposit and savings certificates circulating on the market, accounts No. 520-523 are used - securities issued by the bank, debt obligations circulating on the market. The accounts are passive, the credit balance reflects the par value of the sold securities; debit turnover - redemption, redemption of debt obligations at par; loan turnover - the sale of debt obligations at par.

Purchased under REPO transactions (accounts 50101, 50201, 50301, 50401, 50501, 50601-51101). These are securities, upon purchase of which the bank has an obligation to resell the securities after a certain period of time at a predetermined price;

Purchased for resale (accounts 50102-51102) - newly received securities, except for those purchased - on REPO shares, as well as those in the bank's portfolio for less than 6 months;

Securities purchased for investment (accounts 50103-51103), which are kept in the bank's portfolio for 6 months or more.

The debit of these accounts reflects the value of the securities purchased by the bank - the purchase of GKOs, OFZ-PC by the bank-dealer, on credit - their sale (delivery). Dealer - a legal entity or individual who buys securities at their own expense or sells them from their portfolio.

The following operations are possible in accounting:

Basic concepts

Trading portfolio - quoted securities purchased for the purpose of generating income from their sale (resale), as well as securities that are not intended to be held in the portfolio for more than 180 days and can be sold.

Investment portfolio - securities acquired for the purpose of obtaining investment income, as well as with the expectation of the possibility of growth in their value in the long or indefinite future.

Quoted securities- securities that meet the following conditions:

Admission to circulation on an open organized market or through an organizer of trade in the securities market (including foreign open organized markets or trade organizers), who have a corresponding license from the Federal Commission for the Securities Market, and for foreign organized markets or trade organizers - a national authorized body;

The turnover for the last calendar month on the above organized open market or through the trade organizer is not less than the average amount of transactions per month, which, in accordance with the regulations of the Federal Commission for the Securities Market, is established for the inclusion of securities in the first level quotation list;

Market price information is publicly available, i.e. is subject to disclosure in accordance with Russian and foreign legislation on the securities market, or access to it does not require the user to have special rights.

Unquoted securities- any securities that do not meet the conditions for quoted securities are recognized as unquoted.

Investment income - income on a security in the form of interest (coupon) income, dividends, etc.

Purchase of securities - registration of the security on the account of the balance sheet in connection with the acquisition of ownership of the security.

Investments in securities - actual costs of purchasing securities, including costs associated with their acquisition and disposal (sale), and for interest (coupon) debt obligations - also interest (coupon) income paid upon their purchase.

Method of accounting for investments in securities - the procedure for determining the book value of investments in securities to reflect their value in accounting, taking into account fluctuations in market conditions and / or risks of impairment.

Purchase price accounting - a method of accounting in which the book value of the security does not change while it is in the respective portfolio. For securities recorded at the purchase price, provisions are formed for possible losses in accordance with the procedure established by the regulations of the Bank of Russia.

Market Price Accounting - the accounting method in which investments in securities are periodically revalued at market prices. When this method is applied, no provision for impairment of securities and provision for possible losses are created.

Revaluation of securities - determination of the book value of securities in the portfolio of the credit institution as of the end of the business day. Revaluation is performed by multiplying the number of securities by their market price.

Market price - the market price of the security, calculated by the trade organizer in accordance with the regulations of the Federal Commission for the Securities Market.

Disposal of a security - writing off a security from accounting on balance sheet accounts due to the loss of rights to the security (including during sale), the redemption of the security or the impossibility of collecting the rights assigned to the security, as well as its transfer to another portfolio or to an accounting account investments in overdue debt obligations.

Cost of securities - the value of investments in securities, reflected in the accounting at their disposal based on the method of assessing the cost of sold and retired securities.

Upon sale or redemption of interest-bearing (coupon) debt obligations, their cost increases by the amount of accumulated interest (coupon) income calculated in accordance with clause 4.5 of this Procedure. In this case, the accumulated interest (coupon) income paid upon their purchase is not included in the cost price.

Method for estimating the cost of sold and retired securities - the procedure for writing off securities of the same issue from balance sheet accounts of the second order upon their disposal (sale), established by the accounting policy in order to uniformly reflect the financial result in the accounting.

Average cost valuation method - writing off securities of one issue, regardless of the order in which they are credited to the corresponding second-order account. When using this method, investments in securities of one issue are attributed to all securities of this issue, which are listed in the corresponding second-order account, and when they are retired (sold), they are written off to the cost price in proportion to the number of retired (sold) securities. In this case, analytical accounting is kept on the personal account of the issue.

FIFO and LIFO methods - writing off securities of one issue, taking into account the sequence of their crediting to the corresponding second-order account. When applying these methods, analytical accounting of investments in securities of one issue is carried out in the context of individual securities or their parties for each agreement (deal) for their purchase as they are credited to the corresponding second-order account.

FIFO method - upon disposal (sale) of securities, investments in the corresponding number of the first in time credited to the balance sheet account of the second order of securities of this issue are written off to the cost of the retired securities.

LIFO method - upon disposal (sale) of securities, investments in the corresponding number of the most recent securities of this issue are written off to the cost of the retired securities.

Upon disposal (sale) of a part of the securities of one issue, acquired by a batch, investments in the retired (sold) securities of this batch are written off to the cost of the retired ones in proportion to their number.

The principle of execution of transactions on the organized securities market - the procedure established by the trade organizer for the fulfillment of obligations for the delivery of securities and cash settlements for transactions concluded during the trading day (session).

Gross principle - obligations for the delivery of securities and cash settlements are fulfilled for each transaction.

Net principle - the net position for the receipt / delivery of securities and the balance of settlements determined based on the results of the trades are executed.

Net position - the difference between the requirements and obligations of a credit institution to supply / receive securities of one issue, calculated based on the results of the auction.

Net position for delivery - excess of obligations over the requirements for the supply of securities of one issue, calculated based on the results of trading.

Net position to receive - excess of requirements over obligations to receive securities of one issue, calculated based on the results of trading.

Balance of payments - the difference between the claims and obligations for the payment / receipt of funds by the credit institution based on the results of the auction.

Equivalent securities - securities of the same type, issued by one issuer, having equal volumes of assigned rights.

Amount of revenue when paid in non-cash (assessed value) - accepted for accounting the value of goods (valuables) received or to be received under contracts providing for the fulfillment of obligations (payment) by non-monetary funds, incl. when performing securities exchange transactions

Securities are monetary documents of two types: equity securities and debt securities.

Equity securities - these are shares, meaning the share of the contribution of a legal entity or an individual in the total volume of created capital.

Debt securities - government debt obligations (bonds), certificates of deposit, bills.

Transactions with securities are performed in accordance with applicable laws and regulations of the Bank of Russia.

Issuing operations of a commercial bank must be carried out in accordance with the standards for the issue of securities and registration of securities prospectuses approved by the Resolution of the Federal Commission for the Securities Market dated June 18, 2003 No. 03-30 / ps "On standards for the emission of securities and registration of securities prospectuses. "As amended on December 17, 2003

These standards regulate the issue of shares, bonds and options of the issuer of legal entities, as well as the procedure for registering prospectuses of the said securities. However, the standards do not apply to the issue of government and municipal securities, as well as to the issue of bonds of the Bank of Russia.

The procedure for issuing securities of the issuer includes the following stages:

1. making a decision that is the basis for the placement of securities;
2. approval of the decision on the issue (additional issue) of securities;
3. state registration of the issue (additional issue) of securities;
4. placement of securities;
5. state registration of the report on the results of the issue (additional issue) of securities.

State registration of issues (additional issues) of securities is carried out by the federal commission or other registering body determined by federal law. The placement of securities is carried out within the period specified in the registered decision on the issue (additional issue) of securities, which cannot exceed one year from the date state registration issue (additional issue) of securities.

Not later than 30 days after the expiration of the period for the placement of securities specified in the registered decision on the issue (additional issue) of securities, and if all securities were placed before the expiration of this period - not later than 30 days after the placement of the last security of this issue ( additional issue), the issuer submits to the registering authority a report on the results of the issue (additional issue) of securities.

The registration procedure and the specifics of issuing securities by credit institutions are established by Instruction No. 102-I of July 22, 2002 "On the Rules for the Issue and Registration of Securities by Credit Institutions in the Territory of the Russian Federation" (as amended by the Directive of the Central Bank of the Russian Federation of 03.06.2003 No. No. 1288-U).

In accordance with this instruction, the issues of securities of credit institutions are subject to state registration with the registration authorities. The registering bodies are the Department for Licensing Activities and Financial Rehabilitation of Credit Institutions of the Bank of Russia and regional offices of the Bank of Russia.

A credit institution can issue registered and bearer securities. Registered securities of a credit institution may be issued only in non-documentary form, with the exception of cases provided for by federal laws. Bearer securities of a credit institution may be issued only in documentary form.

The issuance of shares by credit institutions is carried out in the following order.

A credit institution established in the form of a joint stock company forms its authorized capital from the par value of shares acquired by shareholders.

Credit institutions-issuers are entitled to issue only registered shares.

A new issue of shares may be carried out only after the shareholders have paid in full for all the shares previously placed by the credit institution. The decision on the next issue of shares can be made only after the registration of amendments made to the charter of a credit institution following the results of the previous issue regarding the new size of the authorized capital and the number of placed and authorized shares.

Ordinary shares, regardless of the serial number and time of issue, must have the same par value and provide their holders with the same amount of rights.

The par value of placed preferred shares should not exceed 25% of the registered authorized capital of the credit institution. The possibility of issuing one or several types of preferred shares, the size of the dividend and (or) the liquidation value for each of them, the scope of rights granted by them are determined by the charter of the credit institution. Preference shares of the same type provide their holders with the same amount of rights and have the same par value.

A credit institution acting in the form of a joint-stock company has the right to place additional shares by subscription and conversion. A credit institution - a closed joint stock company - is not entitled to place shares by public subscription or otherwise offer them for purchase to an unlimited number of persons.

Credit organizations can issue bonds only after full payment of the authorized capital. The par value of all bonds issued by a credit institution must not exceed the size of the authorized capital or the amount of security provided to the credit institution by third parties for the purpose of issuing bonds.

A commercial bank can issue the following types of bonds:

1. registered and bearer;
2. secured by a pledge of own property or bonds secured by a credit institution for the purpose of issuance by third parties, as well as unsecured bonds;
3. interest and discount;
4. convertible into shares;
5. with a one-time maturity or bonds with maturity by series at specific dates.

The issuance of options by a credit institution is carried out in accordance with the following requirements.

The option of the issuing credit institution is a registered security.

The issuing credit institution shall not be entitled to place options of the issuing credit institution if the number of authorized shares is less than the number of shares, the right to acquire which is granted by such options. The number of shares of a certain category (type), the right to purchase of which is provided by the options of the issuing credit institution, may not exceed 5% of the shares of this category (type) placed on the date of submission of documents for state registration of the issue of options of the issuing credit institution.

Issuing operations of a credit institution include operations to sell shares and bonds issued with the aim of raising funds and increasing capital.

The sale of equity securities can be carried out in two ways:

1. by paying for shares in cash when creating a credit institution;
2. by paying for shares with tangible assets.

Investments in securities in accounting accounts are reflected in accordance with the principles specified in Regulation No. 205-P "On the rules for maintaining accounting in credit institutionslocated on the territory of the Russian Federation ", approved by the Central Bank of the Russian Federation on December 5, 2002, as amended on March 24, 2004.

Securities are classified into quoted and non-quoted securities.

Quoted securities are securities that meet the following conditions:

1. admission to circulation on an open organized market or through a trade organizer on the securities market (including foreign open organized markets or trade organizers), which has the appropriate license from the Federal Commission for the Securities Market, and for foreign organized markets or trade organizers - a national authorized body;
2. the turnover for the last calendar month on the above-mentioned organized open market or through the trade organizer is not less than the average amount of transactions for the month, which, in accordance with the regulations of the Federal Commission for the Securities Market, is established for the inclusion of securities in the first level quotation list;
3. information on the market price is publicly available, i.e. is subject to disclosure in accordance with Russian and foreign legislation on the securities market, or access to it does not require the user to have special rights.

Unquoted securities any securities that do not meet the above conditions are recognized.

The acquired securities are reflected on the balance sheet accounts of the section "Operations with securities" in the following order:

1. Quoted securities purchased for the purpose of generating income from their sale (resale), as well as securities that are not intended for storage by the holder for more than 180 days and can be sold. Such securities constitute a trading portfolio and are accounted for on balance sheet accounts No. 501 "Debts purchased for resale and under loan agreements", No. 506 "Shares acquired for resale and under loan agreements".

The trading portfolio includes securities that meet the following requirements:

a) quoted securities purchased for the purpose of their resale within 180 calendar days inclusive. These securities are accounted for by groups of issuing entities on balance sheet accounts of the second order No. 50104 - 50110, 50605 - 50608. Analytical accounting is kept in the context of securities issues;

b) quoted and unquoted securities purchased under agreements providing for the possibility of their resale within 180 calendar days inclusive. These securities are accounted for on balance sheet accounts of the second order No. 50113 and No. 50611 (regardless of the issuer). Analytical accounting is carried out in the context of each contract;

c) quoted and unquoted securities purchased under loan agreements (regardless of the term of the agreement and the issuer) are accounted for on second order balance sheet accounts No. 50115, 50613. Analytical accounting is maintained in the context of each agreement.

2. Securities purchased for the purpose of obtaining investment income form investment portfolio.

Securities purchased with a view to holding them for more than 180 calendar days are also included in the investment portfolio.

Unquoted securities are recognized as being acquired to generate investment income, or as available for resale (based on the growth in their value). They are reflected in the balance sheet accounts No. 502 "Unquoted debt obligations", No. 507 "Unquoted shares".

Securities of the investment portfolio that are quoted at the time of acquisition are reflected in balance sheet accounts No. 503 “Quoted debt securities purchased for investment”, No. 508 “Quoted shares purchased for investment”. Analytical accounting is maintained in accordance with the selected method for assessing the cost of retired (sold) securities in terms of issues or individual securities (their lots).

3. In controlling portfolio the voting shares purchased by the credit institution shall be credited in the amount ensuring control over the management of the issuing organization or significant influence on it. The number of voting shares is determined in accordance with the criteria of significant influence established by the Bank of Russia Regulation No. 191-P dated July 30, 2002 “On Consolidated Accounts”, registered with the Ministry of Justice of the Russian Federation No. 3857 on October 11, 2002.

Securities of the portfolio of controlling participation are reflected on balance sheet accounts No. 60101, 60102, 60103, 60104. Analytical accounting is maintained in accordance with the selected method for assessing the cost of retired (sold) securities in terms of issues or individual securities (their parties).

The date of transactions for the purchase / disposal of securities is the date of transfer of rights to the security, determined in accordance with Article 29 of the Federal Law "On the Securities Market" No. 39-FZ (as amended by the Federal Law of 28.12.2002, No. 185-FZ ).

In accounting, these operations are reflected on the day of receipt of the primary documents confirming the transfer of rights to the security, or on the day of the fulfillment of the terms of the agreement (transaction) determining the transfer of rights.

If the date of transfer of rights and the date of settlement stipulated by the agreement does not coincide with the date of the transaction, the claims and obligations are reflected in the accounts for accounting for cash and forward transactions in Chapter D "Urgent operations" of the Chart of accounts. In this case, claims and obligations are subject to transfer to balance sheet accounts.

Transactions and transactions for which the transfer of rights or settlements are carried out as of the date of the transaction are reflected on balance sheet accounts No. 47407, 47408 "Settlements on conversion transactions and forward transactions" (off-balance accounting is not kept in this case).

Operations and transactions with securities, made in organized markets, in which this credit institution is a professional participant, are reflected in balance sheet accounts No. 47403, 47404 “Settlements with currency and stock exchanges”.

Operations for the purchase / disposal of securities, made through intermediaries, upon receipt of primary documents confirming the transfer of rights to securities, are reflected in correspondence with balance sheet account No. assets ".

If the counterparty (intermediary) fails to fulfill the terms of the agreement (transaction) at the end of the business day, the receivables shall be transferred to the accounts for overdue debt (client or interbank) as overdue debt on other (other) placed funds.

Accounts payable in the amount of the obligations of a commercial bank, for any reason not fulfilled within the period specified in the terms of the agreement, shall be transferred at the end of the operating day to the following accounts:

• accounting for unfulfilled obligations under agreements to attract funds from customers;
• on accounting for overdue interbank debt as overdue debt on other (other) borrowed funds.

Securities are accepted for accounting at the actual cost of their purchase. The actual costs of acquiring a security, in addition to the cost at the acquisition price determined by the terms of the agreement, include the costs of paying for services for the acquisition, and for interest-bearing (coupon) securities - also interest (coupon) income paid upon their acquisition.

Depending on the purposes of the acquisition, the accounting of investments in securities is carried out by the following methods:

a) at the purchase price;

b) at the market price.

The method of accounting for investments in securities is understood as the procedure for determining the book value of investments in securities in order to reflect their value in accounting, taking into account fluctuations in the market situation and / or risks of impairment.

The acquisition price method is that the carrying amount of the security does not change while it is in the relevant portfolio. For securities recorded at the purchase price, provisions for impairment and / or provision for possible losses are formed in accordance with the procedure established by the regulations of the Bank of Russia.

Market price accounting is a method of accounting in which investments in securities are periodically revalued at market prices. When this method is applied, no provision for impairment of securities and provision for possible losses are created.

The revaluation of securities in the portfolio of a credit institution is carried out as of the end of the business day by multiplying the number of securities by their market price.

Securities of the investment portfolio and the portfolio of controlling participation are reflected in accounting only at the acquisition price (book value when transferring from the trading portfolio).

Quoted securities included in the trading portfolio and reflected in accounts No. 501, No. 506 are accounted for only at the market price.

Securities credited to the balance sheet accounts of the trading portfolio No. 50113, No. 50611 "Under agreements to sell back" and No. 50115, No. 50613 "Under loan agreements" are accounted for at the acquisition price (the amount of the principal debt).

At the same time, provisions for impairment or potential losses are not created for securities purchased under loan agreements. For securities purchased under agreements to resell, only a provision for possible losses is formed.

Transactions related to the disposal of securities and the determination of the financial result are reflected in the balance sheet accounts No. 61203 and No. 61204 “Disposal (sale) of securities”.

The financial result upon disposal of a security is determined as the difference between the cost of the security and the redemption price or the price of disposal (sale) determined by the agreement.

If the repayment of the principal debt (face value) of a security is made in several payments, the amounts and terms of which are established by the terms of its issue and circulation, then the financial result from the repayment of a part of the principal debt is determined as the difference between the amount of partial repayment and a part of the cost of the security calculated in proportion to the ratio of the amount of partial repayment to the face value.

One of the following methods for assessing the cost of sold and retired securities should be defined in the accounting policy:

1. at the average cost;
2. at the cost of the first by the time of acquisition (FIFO);
3. at the cost of the most recent acquisition (LIFO).

At the date of disposal of the security, the credit of the sales (disposal) accounts shall reflect:

• the amount received for redemption of the security (including the amount of redeemed interest (coupon));
• or its cost at the selling (disposal) price determined by the contract (including accumulated interest (coupon) income).

The debit of these accounts is written off the amounts that make up the cost of the security. In this case, the accrued interest (coupon) income is reflected in correspondence with account No. 504 "Accumulated interest (coupon) income on interest (coupon) debt obligations", second order account No. 50405 "Received upon sale or repayment".

On the same day, the financial result shall be credited to the accounts for recording income or expenses from the resale (redemption) of securities.

Upon redemption of a security, the date of retirement is the day when the issuer fulfills its obligations to redeem the security. In all other cases, the date of disposal is the date of transfer of rights to the security.

When making sale and purchase transactions with interest (coupon) debt obligations, in the terms of the transaction, interest (coupon) income is allocated for the time from the beginning of the interest (coupon) period to the date of transfer of rights to the debt obligation that is the subject of the transaction, inclusive.

The start date of the interest (coupon) period is the day following the date of issue of the interest (coupon) debt obligation or the date of payment of the previous interest (coupon) yield on the debt obligations already in circulation, unless the issuer has specified a different period.

If, for some reason, when concluding the transaction, the accumulated interest (coupon) income was not indicated as a separate item in its terms, the credit institution is obliged to separate it from the purchase / sale price of the debt obligation.

The accounting of income and expenses on accrued interest (coupon) income is carried out on balance account No. 504 "Accumulated interest (coupon) income on interest (coupon) debt obligations".

Interest (coupon) income paid upon purchase of a security is recorded on balance sheet account No. 504 "Accumulated interest (coupon) income on interest (coupon) debt obligations", second order account No. 50406 "Paid upon acquisition".

Interest (coupon) income received upon retirement of a security or upon payment of interest (redemption of coupons) is reflected in account No. 504 "Accumulated interest (coupon) income on interest (coupon) debt obligations" and second order account No. 50405 "Received upon sale or redemption ". At the same time, the accumulated interest (coupon) income, paid when purchasing from the debit of account No. 50405 on credit of account No. 50406, is written off.

On the same day, the final balance on account No. 50405 is subject to transfer to balance sheet account No. 70102 “Income received from operations with securities”. At the end of the working day and in the daily balance, there should be no balances on account No. 50405.

When paying interest (coupon) income on securities, the date of receipt of income is the day when the issuer fulfills its obligations to pay interest (coupon) income. In all other cases, the date of receipt of the accumulated coupon yield is the date of transfer of rights to the security.

Analytical accounting on account No. 50406 is kept separately for each portfolio in accordance with the selected method of assessing the cost of retired (sold) securities in terms of issues of debt obligations or individual debt obligations (their parties).

The costs associated with the acquisition and disposal (sale) of securities include:

1. costs of paying for the services of specialized organizations and other persons;
2. fees for consulting, information and registration services;
3. fees paid to intermediaries;
4. remuneration paid to organizations that ensure the conclusion and execution of transactions.

The costs associated with the acquisition and sale must be deducted from account No. 50905 "Costs associated with the acquisition and sale of securities" upon disposal of the security in accordance with the selected method for assessing the cost of retired securities.

Regulation of operations under contracts (deals) of purchase and sale, as well as pledge of bonds, is carried out in accordance with the Regulation of the Central Bank of the Russian Federation of March 25, 2003 No. 219-P “On servicing and circulation of federal government securities issues”. This provision regulates the procedure for the placement, circulation of servicing and redemption of state short-term zero-coupon bonds, federal loan bonds and federal government bonds issued in accordance with Federal Law No. 136-FZ dated July 29, 1998 "On the specifics of the issue and circulation of government and municipal securities ", Resolution of the Government of the Russian Federation dated October 16, 2000 No. 790" On approval of the General conditions for the issue and circulation of state short-term zero-coupon bonds ", Resolution of the Government of the Russian Federation dated May 15, 1995 No. 458" On General conditions for the issue and circulation of federal loan bonds ", Decree of the Government of the Russian Federation of 12.05.1998 No. 439" On General Conditions for the Issue and Circulation of Government Federal Bonds "and other regulations governing the issue and circulation of these securities.

A bond is a security (promissory note), according to which its owner is paid an annual income, the amount of which is predetermined in the form of a certain percentage of the face value of the bond. Bond yield can be paid by paying coupons (the portion of a bond that is cut from it and transferred instead of a receipt when interest is received).

Bond market participants are: issuer, general agent of the issuer, primary dealer, dealer, owner (investor).

The issuer is the Ministry of Finance of the Russian Federation, acting in accordance with the current legislation. General agent the issuer is the Central Bank of the Russian Federation. A primary dealer is a dealer who meets the requirements established by the Bank of Russia for the status of primary dealers and who has entered into a bond purchase and sale agreement with the Bank of Russia. The dealer is the agent who carries out the relevant transactions in bonds in conjunction with the primary dealer.

The investor enters into an agreement with the dealer, which determines the procedure for purchasing or disposing of bonds, carrying out transactions on the investor's “depo” account and the procedure for recording rights to bonds on this account, as well as the rights, obligations and responsibilities of the parties in the performance of these operations.

Consider the infrastructure of the bond market. It consists of a depository system, a settlement system and a trading system.

Depository system - this is a set of organizations authorized to ensure the registration of the rights of owners to bonds, as well as the transfer of bonds through "depot" accounts for purchase and sale transactions and in some other cases. The depository system consists of a depository and subdepositaries.

A depositary is a legal entity that has a license of a professional participant in the securities market to carry out depository activities and has entered into an appropriate agreement with the issuer, as well as authorized, on the basis of an agreement with the Bank of Russia, to ensure that rights to bonds are recorded on depo accounts of dealers and the transfer of bonds through accounts “ depot ".

A subdepository is a legal entity licensed as a professional participant in the securities market to carry out depository activities. Its powers stipulate, on the basis of agreements with the Bank of Russia and the depositary, to ensure that investors 'rights to bonds are recorded on their depo accounts, as well as to transfer bonds through investors' depo accounts on the basis of an agreement with the investor. Only a dealer can be a sub-custodian.

Settlement system is a set of settlement centers of the Organized Securities Market (ORSM), providing settlements in cash on transactions with bonds. The Settlement Center of the Organized Securities Market is a non-bank credit institution authorized, on the basis of an agreement with the Bank of Russia, to ensure settlements of dealers' funds under bond transactions by opening bank accounts of dealers and performing transactions on these accounts.

Trading system is a legal entity that has a license of a professional participant in the securities market to carry out activities to organize trading and is authorized, on the basis of an agreement with the Bank of Russia, to ensure the procedure for concluding transactions with bonds in accordance with the regulations of the Bank of Russia. The trading system organizes the conclusion of transactions on the bond market.

Bond circulation can be carried out by concluding and executing bond purchase and sale transactions through the trading system and pledge transactions.

The placement of an issue (additional issue, tranche) of bonds is carried out by the Bank of Russia on behalf of the issuer in the form of an auction held in trading system, and / or at a fixed offer price or by private subscription. In this case, the placement of bonds by private subscription is understood to mean an placement carried out on the basis of purchase and sale agreements between the issuer and the dealer and / or investor without making these transactions through the trading system.

The procedure for calculating the yield on government securities is regulated by Appendix 2 to Regulation of the Bank of Russia No. 219-P "On servicing and circulation of federal government securities issues" dated March 25, 2003.

The redemption of bonds, as well as the payment of coupon yield, or the redemption of a part of the par value of the bonds, is carried out on behalf of the issuer at the expense of the federal budget funds transferred by the issuer to the Bank of Russia.

Note that in case of incomplete transfer of funds by the issuer, i.e. upon redemption of a part of the par value of bonds, payment of coupon yield is not made.

All information stored in the trading system, settlement system and depository system is considered confidential and is not included in the official published information.

As already noted, the purchase and sale of government bonds is carried out through the settlement centers (RC) of the organized securities market (OSM), therefore, in the accounting records, these transactions are reflected in account No. 304 “Settlements in the organized securities market”.

To record the par value of debt securities issued by a credit institution, passive account No. 520 “Issued bonds” is used, which keeps records of the par value of bonds issued by a credit institution with a subdivision by maturity.

Bonds issued by the bank with an expired circulation period are transferred to the account for recording obligations on issued securities for execution (account No. 524).

On the credit of account No. 520, the par value of the bonds issued by the credit organization is carried out when they are placed in correspondence with correspondent accounts, cash account, settlement accounts of clients. If debt securities are placed at a price below their par value, then the difference between the par value and the actual placement price (discount amount) is debit to account No. 52502 "Upcoming payments on interest, coupons and discounts on issued securities."

On the debit of account No. 520, the par value of bonds issued by a credit institution is written off in the following cases:

1. when they are paid on the day of presentation before the end of the circulation period or the set maturity date, in correspondence with correspondent accounts, settlement (current) customer accounts, deposit accounts individuals, cash account (if the owner is an individual);
2. upon the expiration of the circulation period or the established maturity period, in correspondence with the accounts for the accounting of obligations on issued securities for execution.

The debit of the accounting account of issued bonds also writes off the amount of the discount in the part not paid for early redemption of the security, in correspondence with the account for accounting for forthcoming payments on interest, coupons and discounts on issued securities No. 52502 or with the account for accounting for expenses or income of the bank.

Analytical accounting for bonds is kept in the context of state registration numbers and issues.

Bonds issued but not placed by a credit institution are accounted for using off-balance sheet account No. 907 "Unplaced Securities".

Uniform rules for the issuance and execution of savings and deposit certificates are established by the Regulation of the Central Bank of the Russian Federation No. 14-3-20 "On savings and deposit certificates of credit organizations" dated 02.10.1992 (as amended by the Instructions of the Central Bank of the Russian Federation dated November 29, 2000, No. 857 -U).

Savings (deposit) certificate is a security that certifies the amount of the deposit made to the credit institution and the rights of the depositor (certificate holder) to receive the deposit amount and the interest specified in the certificate at the credit institution that issued the certificate or in any of its branches after the expiry of the specified period. The certificate cannot serve as a means of payment or payment for goods sold or services rendered.

The right to issue a savings certificate is granted to banks under the following conditions:

1. carrying out banking activities for at least two years;
2. publication of annual reports (balance sheet and profit and loss statement), confirmed by an audit firm;
3. compliance with banking laws and regulations of the Bank of Russia;
4. compliance with mandatory economic standards;
5. availability of a reserve fund (balance account No. 10701 "Reserve fund") in the amount of at least 15% of the actually paid authorized capital;
6. fulfillment of mandatory reserve requirements.

Certificates can be issued both on a one-off basis and in series. Savings and deposit certificates can be registered or bearer.

A credit institution issuing certificates must approve the conditions for the issuance and circulation of its certificates. In this case, the terms of issue are presented for each type of certificate separately.

Within three weeks from the date of receipt of the registered terms of issue from the registering authority and in the absence of comments to these documents, the Department for Control over the Activities of Credit Institutions in the Financial Markets of the Bank of Russia introduces the terms of issue to the Register of conditions for the issue and circulation of savings and deposit certificates of credit institutions.

Certificates are term securities. Interest rates on them are established by the authorized body of the credit institution.

Interest at the rate originally set upon issuance of the certificate due to the owner upon the expiration of the circulation period (when the owner of the certificate receives the right to claim a deposit or a deposit under the certificate) is paid by the credit institution regardless of the time of purchase.

In the event of an early presentation of a savings (deposit) certificate for payment, the credit institution shall pay the amount of the deposit and interest paid on demand deposits, unless a different interest rate is established by the terms of the certificate.

If the term for receiving the deposit (deposit) under the certificate is overdue, then the credit institution is obliged to pay the deposit and interest amounts indicated in the certificate at the first request of its owner. For the period from the date of claiming the sums on the certificate until the date of the actual presentation of the certificate for payment, no interest is paid.

When the date of claiming the deposit or deposit comes, the credit institution makes a payment against the presentation of the certificate and the statement of the owner indicating the account to which the funds should be credited. Funds from the redemption of the certificate of deposit can be sent at the request of the owner only to his correspondent, current (current) account. For citizens, payment can be made both by transferring the amount to an account, or in cash.

For non-residents (in accordance with Bank of Russia Instruction No. 93-I "On the procedure for opening by authorized banks bank accounts of non-residents in the currency of the Russian Federation and conducting transactions on these accounts" dated 12.10.2000) monetary obligations arising from the issuance and circulation of certificates, can be paid only from ruble accounts opened with authorized banks.

The procedure for accounting by credit institutions of transactions with certificates of deposit and savings certificates is regulated by:

• Regulation of the Central Bank of the Russian Federation of 30.12.1999 No. 103-P "On the procedure for maintaining accounting records of transactions related to the issuance and redemption of savings and deposit certificates by credit institutions";
• By the instructions of the Central Bank of the Russian Federation of 20.12.2000 No. 867-U "On Amendments and Additions to the Regulation of the Bank of Russia No. 103-P" On the Procedure for Keeping Accounting Operations Related to the Issue and Redemption of Savings and Deposit Certificates by Credit Institutions "dated 30.12. 1999 year

Accounting operations for the placement and redemption of savings and deposit certificates, as well as the accrual and payment of interest due on the certificate, are carried out on the basis of an order (internal document of the bank) of the corresponding structural unit of the bank (branch) to the accounting unit of the bank, signed by an official of the bank (branch). The order specifies the series and number of the certificate, the content of transactions, as well as the amounts to be reflected in accounting.

Issued certificates are accounted for in the amount of the deposit (deposit) issued by the certificate on the second-order accounts of balance accounts No. 521 "Issued certificates of deposit" and No. 522 "Issued savings certificates" by maturity.

IN analytical accounting personal accounts are maintained by number and series of the certificate.

Reflection in accounting of accrued interest on certificates is carried out as follows.

A credit institution calculates interest on certificates based on the amount specified in the details of the certificate. The credit institution shall reflect the interest on the certificate in the balance sheet at least once a month and no later than the last business day of the reporting month. Interest for the last calendar days of the reporting month falling on non-working days must be reflected in the relevant accounting accounts in the balance sheet of the credit institution for the last working day of the reporting month.

At the same time, the daily accrual of interest must be ensured programmatically in the context of each certificate on an accrual basis from the date of the last reflection of accrued interest on personal accounts.

Interest on the amount of the certificate is calculated from the day following the date of receipt of the deposit (deposit) in the credit institution, to the day preceding the date of claiming the amount of the deposit (deposit) specified in the certificate when it was issued, inclusive. In this case, the actual number of calendar days in a year (365 or 366 days, respectively) and the value of the interest rate (in percent per annum) indicated on the certificate form are taken as the basis. If the days of the period for calculating interest on the certificate fall on calendar years with a different number of days (365 and 366 days, respectively), then:

• interest accrual for days falling on a calendar year with 365 days is based on 365 calendar days a year;
• interest accrual for days falling on a calendar year with 366 days is made on the basis of 366 calendar days per year.

Interest can be calculated using both simple and compound interest formulas. If the method of calculating interest is not indicated in the conditions for issuing certificates, then the calculation is carried out according to the formula simple interest:

1. The formula for calculating simple interest on a deposit (savings) certificate:

where P is the nominal value of the certificate; I - interest rate on the certificate (% per annum); t is the number of days of accrual of interest on the certificate (certificate term); K is the number of days in a calendar year (365 or 366); PRP is the amount of interest payable.

2. The formula for calculating the amount of interest for the current reporting period (for simple percent formula):

mark "\u003e m - the number of days of interest accrual on the certificate from the date of the contribution (deposit) to the day of the end of the current reporting period inclusive; highlight"\u003e 3. The formula for calculating compound interest on a deposit (savings) certificate:

the mark "\u003e d" is the base period (number of days) for which interest is accrued using the compound interest formula; PRS is the amount of interest payable.

4. The formula for calculating the amount of interest for the current reporting period (for compound interest formula):

mark "\u003e PRSper - the amount of interest for the current reporting period, subject to additional accrual on the corresponding personal accounts No. 52501 and No. 52502 / No. 70204.

The storage of certificate blanks is carried out by credit institutions in the vault of valuables or outside the vault in safes (metal cabinets) with safety assurance. In this case, the certificate blanks are accounted for in the debit of account No. 90701 "Forms of own securities for distribution" in correspondence with account No. 99999 in the conditional value of 1 rub. for one form. In analytical accounting, personal accounts are kept by types of forms and by officials responsible for storage.

The accounting of the forms issued on account of the persons responsible for their distribution is carried out using account No. 90705 "Forms, certificates, securities sent and issued on account", on the credit of which the amounts of the forms distributed by the reporting entities are written off, based on the advance reports, in correspondence with account No. 99999. Analytical accounting is maintained on personal accounts opened in the context of certificates and accountable to the persons to whom they were issued.

Certificates issued by a credit institution into circulation and accepted for storage for a fee in accordance with the storage agreement concluded with the certificate holder are reflected at the nominal value of the certificate on the debit of off-balance sheet account No. 90803 "Securities in storage under storage agreements" in correspondence with account No. 99999. When withdrawn from storage, the certificates are written off against the credit of account No. 90803 in correspondence with account No. 99999 at the nominal value of the certificate.

If a depository service agreement is concluded with the owner of the certificate, the certificates accepted under such agreements are reflected in the prescribed manner on the accounts of Chapter D “Securities Accounts” (see Section 9.9). In other cases, depository accounting of operations with own certificates of deposit and savings certificates is not carried out.

When issuing their own bills and carrying out other transactions with bills, commercial banks are guided by:

• The "Uniform Bill of Exchange and Bill of Exchange Act", which is annex No. 1 to the 1930 Geneva Convention No. 358 establishing the Bill of Exchange and Bill of Exchange Act,
• Letter of the Ministry of the Russian Federation for Taxes and Duties of 20.02.2001, No. VG-8-02 / 105 "On the application of article 40 of the Tax Code of the Russian Federation when performing transactions with promissory notes."

A bill of exchange is a security that certifies the unconditional monetary debt unilateral obligation of the drawer to pay, upon maturity, a certain amount of money to the bill holder (owner of the bill of exchange).

A bill of exchange is not only a convenient form of payment, but also a type of commercial loan, since payment on a bill of exchange, as a rule, does not occur immediately, but after a certain time, during which the amount on the bill is at the disposal of the drawer.

There are two types of bills: plain and bill.

Promissory note (solo promissory note) - this is the unconditional obligation of the drawer to pay a certain amount of money to the bearer of the bill or to the person indicated in the bill of exchange, or to the one whom he indicates after a specified period or upon demand.

Bill of exchange (draft) represents an unconditional instruction from the drawer (drawer) to the payer (drawer) to pay a certain amount of money to the bearer of the bill of exchange or to the person indicated in the bill of exchange, or to the one whom he indicates after a specified period or upon request.

When issuing a promissory note, two parties (the issuer and the holder of a bill) participate in the circulation of the bill, and three parties of the bill of exchange (the issuer, the holder of the bill and the payer). For a bill of exchange, the payer is not the drawer, but another person who, through acceptance, undertakes to pay the bill of exchange on time. If the payer refuses to accept the bill, the drawer is obliged to pay for it.

The accounting of transactions with bills of exchange is regulated by:

• Regulation No. 205-P “On the Rules of Accounting in Credit Institutions Located on the Territory of the Russian Federation”, approved by the Central Bank of the Russian Federation on 05.12.2002 (as amended on 24.03.2004);
• Letter of the Bank of Russia dated 23.02.95 No. 26 "On operations of commercial banks with bills and changes in the accounting procedure for banking operations with bills of exchange" (as amended by the letter of the Central Bank of the Russian Federation dated 21.02.97 No. 414, Directive of the Central Bank of the Russian Federation dated 17.06.99 No. 577 -U), which is applied in the part that does not contradict the above Regulation.

The reflection of the discount on the credit institution's own bills of exchange is carried out in accordance with the Instruction of the Central Bank of the Russian Federation of June 17, 1999 No. 577-U "On the reflection of the discount on the credit institution's own bills of exchange."

Active balance transactions of commercial banks with bills are divided into accounting, guarantee, rediscounting and pledge.

TO accounting operations commercial banks include:

1. Purchase (accounting, discounting) of bills.
2. Redemption by the payer of a bill of exchange previously recorded.

Bills of exchange discounted by commercial banks are reflected in active balance accounts No. 512 - 519. Second-order accounts are accounted for:

a) according to the timing of bills of exchange: on demand; with a maturity of up to 30 days; from 31 to 90 days; from 91 to 180 days; from 181 days to one year; over one year up to 3 years; over 3 years; not paid on time and protested; not paid on time and unprotested;

b) for passive accounts of the second order No. 51210, 51310, 51410, 51510, 51610, 51710, 51810, 51910 reserves for possible losses are taken into account.

A feature of operations on bills discounted by the bank is the mandatory creation of reserves for possible losses on discounted bills on the corresponding accounts.

In the debit of accounts, the purchase value of the purchased bill of exchange is posted in correspondence with the correspondent account, cashier's account or the client's current account for the amount paid when purchasing the bill. The purchase value of the bill is written off on the credit of the accounts upon receipt of funds from the payer, in repayment of the bill of exchange recorded by the credit institution in correspondence with the correspondent account, cash account or current account of the client. The purchase value of the bill is also written off on the credit of the accounts when the purchased bill is resold in correspondence with the correspondent account, cash account or current account of the client.

Warranty operations banks with bills represent the provision of a bank guarantee (aval), bills mediation in transactions for the accounting and rediscounting of bills, as well as endorsements (with the exception of non-negotiable endorsements) affixed by a credit institution to bills.

Let us remind you that an aval is a surety under which a credit institution accepts responsibility for fulfilling obligations under a bill of exchange. Avaluation is carried out on the principles of insuring the lender against non-repayment of the loan with the collection of commissions in its favor, taking into account the amounts on the bill and the potential risk of non-payment on it.

A bank guarantee (aval) can be provided and used in the full amount of the bill and in part of the bill amount.

Guarantee transactions are reflected on off-balance sheet account No. 91404 “Issued guarantees and sureties” in correspondence with account No. 99998. Amounts from account No. 91404 are debited after payment of the guarantee, including payment at the expense of a credit institution.

Amounts not collected due to lack of funds on the payer's account, whose payment was guaranteed by the bank, are reflected in the debit of account No. 60315 “Amounts not collected under their guarantees” in correspondence with correspondent accounts. The credit of account No. 60315 reflects the amounts recovered from the payer in correspondence with the client's account, correspondent accounts, as well as with the reserve fund account when it is impossible to collect funds.

Rediscount operations are governed by the Regulation of the Central Bank of the Russian Federation No. 65-P “On the Bank of Russia rediscounting operations” dated December 30, 1998. In the Russian Federation, rediscounting operations are applied only in relation to transactions under export contracts. The participants in the operations on rediscounting of bills of exchange of exporting enterprises are:

1. Operational division of the Bank of Russia for rediscounting of bills.
2. An exporting organization is a legal entity, a resident of the Russian Federation, which has concluded on its own behalf an agreement for the export of goods (export contract), included in the List of exporting organizations approved by the Bank of Russia, whose promissory notes may be accepted for rediscounting.
3. Accounting bank - an authorized bank that has received the status of an "Accounting bank", with which transactions for rediscounting of bills can be carried out.

Are accepted for stocktaking promissory notes with a term "for a certain day", the drawers of which are exporting organizations included in the list approved by the Bank of Russia. At the same time, the term of payment under the bill should not exceed by more than 1 month the term of the last payment under the export contract.

The Bank of Russia accepts bills of exchange for rediscounting, the maturity of which is at least ten days.

When carrying out transactions on rediscounting of bills and transactions with rediscounted bills, the Bank of Russia also carries out depository accounting of bills. At the same time, in accordance with the concluded depositary agreements, the Bank of Russia accepts for safekeeping and keeps records of bills of exchange of exporting organizations recorded by the Accounting Bank. Bills of exchange are accepted for storage, from the date of drawing up of which no more than three working days have passed. Bills accepted by the bank for safekeeping are accounted for under active off-balance sheet account No. 90803 “Securities for safekeeping under safekeeping agreements”.

The Bank of Russia discloses information on its operations with bills of exchange of exporting organizations by posting it on the Bank of Russia server on the Internet (WWW.CBR.RU) and publishing it in the Bank of Russia Bulletin.

Collateral transactions commercial bank with promissory notes are carried out using accounts No. 91303 "Securities accepted as collateral for loans issued", No. 91401 "Securities accepted as collateral for loans received". The debit of these accounts records bills of exchange accepted or transferred as collateral for loans issued or received by a credit institution secured by bills of exchange; the credit reflects the return of bills of exchange accepted or transferred earlier on returned loans.

To record the par value of bills issued by a credit institution, passive account No. 523 “Bills issued and bank acceptances” is used, which records the nominal value of bills issued by a credit institution by maturity.

Bills of exchange issued by the bank with expired circulation are transferred to accounts for recording obligations for issued securities for execution.

On the credit of account No. 523, the nominal value of the bills issued by the credit institution is posted when they are placed in correspondence with correspondent accounts, cash account, settlement accounts of clients. If debt securities are placed at a price lower than their par value, then the difference between the par value and the actual placement price (discount amount) is debit to account No. 52502 "Upcoming payments on interest, coupons and discounts on issued securities."

The debit of the account writes off the par value of the bills issued by the credit institution. Writing off is carried out in the following cases:

1. when they are paid on the day of presentation before the expiration of the circulation period and (or) the established maturity date, in correspondence with correspondent accounts, settlement (current) customer accounts, deposit accounts of individuals, cash account (if the owner is an individual);
2. when accepting for early payment, but not paying on the day of presentation, in correspondence with accounts for recording obligations for issued securities for execution;
3. upon the expiration of the circulation period and / or the established maturity period, in correspondence with the accounts for accounting for obligations on issued securities for execution.

The debit of the account for accounting for promissory notes and bank acceptances is also written off the amount of the discount in the part not paid for early redemption of the security in correspondence with the account for accounting for forthcoming payments on interest, coupons and discounts on issued securities or with the account for accounting for expenses or income of the bank ...

Analytical accounting for bills of exchange is maintained for each bill.

Bills of exchange issued but not placed by the credit institution are accounted for using off-balance sheet account No. 907 "Unplaced Securities".

The procedure for accounting for transactions in the sale and purchase of securities for which the settlement date does not coincide with the date of the transaction is defined in Regulation No. 205-P "On the rules for maintaining accounting in credit institutions located in the Russian Federation" approved by the Central Bank of the Russian Federation. 5.12. 2002 (as amended on 03.24.2004). Transactions are accounted for on accounts from the date of their conclusion to the first settlement date in accordance with the regulations of the Bank of Russia governing the accounting procedure for transactions in the purchase and sale of various financial assets.

In the accounting records, transactions are divided into transactions with residents and non-residents, as well as urgent and cash transactions in accordance with the criteria established by the regulations of the Bank of Russia.

When a transaction is concluded, for which the dates of the parties' fulfillment of their obligations do not coincide, the date of the transaction execution (settlement date under the transaction) is the date of execution of all obligations under the transaction, i.e. the date on which the obligations of each of the parties under the terms of the transaction are considered fulfilled.

Liabilities arising from the conclusion of purchase and sale transactions are recorded on passive accounts, claims - on active accounts.

Claims and obligations under transactions with different maturities are recorded on separate second-order accounts. Accounts for recording claims and obligations are determined in terms of the period from the date of the transaction to the date of execution of the corresponding claim or obligation. In this case, as the time remaining until the date of the fulfillment of the requirement or obligation changes, the amounts are transferred to the corresponding second-order account.

On the day of the first settlement date, the accounting of the transaction in the accounts of Chapter D "Urgent Operations" of the Chart of Accounts in credit institutions is terminated with simultaneous reflection in the prescribed manner on the balance sheet accounts.

For transactions of purchase and sale of securities, providing for the possibility of their redemption (sale), the accounting of claims and obligations for the reverse part of the transaction is kept on separate accounts allocated for these purposes.

Claims and liabilities on financial assets (securities) that have market or officially established prices (rates) are recorded in the accounts at these prices (rates) and are subject to revaluation:

1. on the day of the conclusion of the transaction - by the amount of the difference between the price of the transaction and the market (exchange) price of securities on the date of the conclusion of the transaction;
2. on the day of change in market (exchange) prices for securities - by the amount of the difference between the last and the newly established market price.

To reflect exchange rate differences arising from the revaluation of securities under concluded transactions, account No. 940 “Unrealized exchange rate differences on revaluation of securities” is opened.

Accounting on account No. 940 is carried out as follows. Separate pairs of personal accounts (active and passive) are opened to record unrealized income and expenses on concluded transactions. At the end of the working day, unrealized exchange rate differences arising from the revaluation of foreign currency, precious metals or securities can remain on only one personal account from an open pair: active (expense) or passive (income). The operating day begins on the one of the paired accounts for accounting for unrealized exchange rate differences, on which there is a balance. At the end of the working day, in the event of a debit balance on a passive personal account or a credit balance on an active personal account, the balance must be transferred to the corresponding paired personal account by an accounting entry based on a memorial order.

The active accounts take into account claims arising from the conclusion of transactions for the purchase and sale of securities, as well as negative unrealized exchange rate differences (expenses) on concluded transactions. In this case, account No. 932 “Requirements for the delivery of securities”, accounts of the second order No. 93201 “Requirements for the delivery of securities” and No. 93202 “Requirements for the delivery of securities from non-residents” are used. These accounts keep records of the bank's claims to counterparties (residents and non-residents) under transactions of purchase and sale of various financial assets in terms of the supply of securities to the credit institution in accordance with the concluded agreements from the date of the conclusion of transactions until the first settlement date.

Account No. 932 takes into account claims with a par value both in rubles and in foreign currency. Claims denominated in foreign currency accounted for on account No. 932 are subject to revaluation due to changes in the official exchange rates of foreign currencies against the Russian ruble. Claims recorded on account No. 932 with a par value both in rubles and in foreign currency are also subject to revaluation due to changes in market (exchange) prices for securities with market quotations.

On the debit of account No. 932 "Requirements for the delivery of securities" are carried out:

• the amount of claims that have arisen against counterparties for transactions in the sale and purchase of securities, in correspondence with accounts for recording obligations for the delivery of securities;
• an increase in the valuation of claims due to an increase in the official exchange rates of foreign currencies against the Russian ruble, market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on revaluation of securities.

The following are debited from the account credit:

• the amount of claims against counterparties under transactions upon the first settlement date, in correspondence with the accounts for accounting for obligations to supply securities;
• change in the valuation of claims due to the fall in the official exchange rates of foreign currencies against the Russian ruble, market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of securities.

Analytical accounting account No. 932 is kept by types of securities, issues and face values \u200b\u200bin the context of each agreement.

Claims on securities denominated in rubles are recorded at the purchase price or market prices. Claims on securities denominated in foreign currency are accounted for in a double valuation: in foreign currency - at the acquisition price and in rubles or in foreign currency - at market prices and in rubles.

Accounting for forward transactions in securities is carried out using accounts No. 935 “Requirements for the delivery of securities”, No. 936 “Requirements for the repurchase of securities”, No. 937 “Requirements for the repurchase of securities”.

The second order accounts No. 93501 - 93510 take into account the bank's requirements for the delivery of securities with a par value in rubles and with a par value in a foreign currency. Requirements for the delivery of securities denominated in rubles with market quotations are subject to revaluation due to changes in market (exchange) prices for securities. Requirements for the delivery of securities denominated in foreign currency with market quotations are subject to revaluation due to changes in market (exchange) prices for securities and official exchange rates of foreign currencies against the Russian ruble, and not having market quotations - only due to changes in official foreign exchange rates against the Russian ruble.

On the debit of these accounts, the following are posted:

• the amount of claims of the bank against counterparties under transactions for the supply of securities in connection with the conclusion of transactions for the purchase and sale of securities, in correspondence with accounts for accounting for obligations to supply funds;
• an increase in the valuation of claims due to an increase in the official exchange rates of foreign currencies against the Russian ruble or market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of foreign currency or securities.

The credit of these accounts is debited:

• the amount of the bank's claims against counterparties for the supply of securities under purchase and sale transactions, upon the first settlement date, in correspondence with accounts for accounting for obligations to supply funds;
• a decrease in the valuation of claims due to a fall in the official exchange rates of foreign currencies against the Russian ruble or market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of foreign currency or securities.

Analytical accounting conducted by types of securities, issues and denominations in the context of each agreement. Claims on securities denominated in rubles are recorded at the purchase price or market prices. Claims on securities denominated in foreign currency are accounted for in a double valuation: in foreign currency - at the acquisition price and in rubles or in foreign currency - at market prices and in rubles.

On second order accounts No. 93601 - 93610, securities are accounted for from the date of sale of securities to the date of repurchase of securities by the bank. In this case, securities can be denominated in rubles and in foreign currency.

Securities denominated in rubles with market quotations are subject to revaluation due to changes in market (exchange) prices. Securities denominated in foreign currency that have market quotations are subject to revaluation due to changes in market (exchange) prices for securities and official exchange rates of foreign currencies against the Russian ruble, and not having market quotations - only due to changes in official exchange rates of foreign currencies to the Russian ruble.

In the debit of accounts, the following is posted:

• the value of securities sold by the bank and subject to redemption in the course of the execution of the second part of agreements on transactions for the purchase and sale of securities with redemption, in correspondence with the account for recording obligations on redemption of securities;

The credit of the accounts is debited:

• the cost of securities purchased by the bank in the course of the execution of the second part of agreements on transactions for the purchase and sale of securities with repurchase, in correspondence with the account for recording obligations to repurchase securities;
• a decrease in the value of these securities due to a fall in market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of foreign currency or securities.

Ruble denominated securities are recorded at redemption or market prices. Securities denominated in foreign currency are accounted for in double valuation:

1. in foreign currency - at the redemption price and in rubles (for securities that do not have market quotations);
2. in foreign currency - at market prices and in rubles (for securities with market quotations).

Analytical accounting conducted by types of securities, issues and denominations in the context of each agreement.

On second order accounts No. 93701 - 93710, cash is recorded from the date of purchase of securities to the date of the bank's reselling securities. In this case, monetary funds can be either in rubles or in foreign currency. Cash in foreign currencies is subject to revaluation due to changes in the official exchange rate of foreign currencies against the Russian ruble.

Accounting for accounts No. 93701 - 93710 is carried out by the bank, which is the buyer of securities in the execution of the first part of agreements on securities sale and purchase transactions with repurchase.

The debit of the accounts records:

• amounts of monetary funds to be received by the bank from the sale of securities in the course of the execution of the second part of agreements on transactions for the sale and purchase of securities with repurchase, in correspondence with the account for recording obligations for the repurchase of securities;

The credit of the accounts is written off:

• amounts of funds received by the bank from the sale of securities in the course of the execution of the second part of agreements on purchase and sale of securities with repurchase, in correspondence with the account for recording obligations for the repurchase of securities;

Analytical accounting

Unrealized exchange rate differences (negative) on revaluation of securities are reflected in account No. 94001 “Unrealized exchange rate differences on revaluation of securities”.

Exchange rate differences from revaluation are posted to the debit of the account:

1. claims - in the event of a fall in market (exchange) prices for securities, in correspondence with claims accounts;
2. liabilities - with an increase in market (exchange) prices for securities, in correspondence with liabilities accounts.

Exchange rate differences from revaluation are posted to the credit of the account:

1. claims - with an increase in market (exchange) prices for securities, in correspondence with claims accounts;
2. liabilities - in the event of a fall in market (exchange) prices for securities, in correspondence with accounts for recording liabilities.

Analytical accounting account No. 940 is kept in foreign currency and rubles.

Liabilities arising from the conclusion of transactions for the purchase and sale of securities, as well as positive unrealized exchange rate differences (income) on concluded transactions, are recorded on passive accounts.

Cash transactions with securities in the accounting records are reflected on account No. 962 "Obligations to supply securities", second order accounts No. 96201 "Obligations to supply securities" and No. 96202 "Obligations to supply securities from non-residents".

Account No. 962 records liabilities with par value both in rubles and in foreign currency.

Liabilities denominated in foreign currency, recorded on account No. 962, are subject to revaluation due to changes in the official exchange rates of foreign currencies against the Russian ruble. Liabilities recorded on account number 962, both with par in rubles and in foreign currency, are subject to revaluation due to changes in market (exchange) prices for securities with market quotations.

On the credit of account No. 962, the following are carried out:

1. the amount of the bank's obligations to counterparties under transactions in connection with the conclusion of transactions for the purchase and sale of securities, in correspondence with the accounts for recording claims for the delivery of securities;
2. an increase in the valuation of liabilities due to an increase in market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of securities.

The debit of the account is written off:

1. the amount of the bank's liabilities to counterparties under transactions, upon the arrival of the first settlement date in terms of time, in correspondence with accounts for accounting for claims for the delivery of securities;
2. decrease in the valuation of liabilities due to a fall in market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on revaluation of securities.

Analytical accounting on account number 962

Liabilities on securities with a par value in foreign currency are accounted for in a double valuation: in foreign currency - at the acquisition price and in rubles (for securities that do not have market quotations) or in foreign currency - at market prices and in rubles (for securities with market quotations ).

The second order accounts No. 96501 - 96510 record the bank's obligations to supply securities with a par value in rubles and with a par value in a foreign currency.

Obligations to deliver securities denominated in foreign currency with market quotations are subject to revaluation:

1. in connection with a change in market (exchange) prices for securities and in connection with a change in the official exchange rates of foreign currencies against the Russian ruble;
2. without market quotations - only in connection with changes in the official exchange rates of foreign currencies against the Russian ruble.

Obligations to supply securities denominated in rubles with market quotations are subject to revaluation due to changes in market (exchange) prices for securities.

On the credit of accounts No. 96501 - 96510:

1. the amount of the bank's obligations to counterparties, on transactions for the supply of securities in connection with the conclusion of transactions for the purchase and sale of securities, in correspondence with accounts for accounting for claims for the supply of funds;
2. an increase in the valuation of liabilities due to an increase in the official exchange rates of foreign currencies against the Russian ruble or market (exchange) prices for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of foreign currency or securities.

1. the amount of the bank's liabilities to counterparties for the supply of securities under purchase and sale transactions, upon the first settlement date, in correspondence with accounts for recording requirements for the supply of funds;
2. a decrease in the valuation of liabilities due to a fall in the official exchange rates of foreign currencies against the Russian ruble or market (exchange) rates for securities, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of foreign currency or securities.

Analytical accounting conducted by types of securities, issues, denominations in the context of each agreement.

Liabilities for securities denominated in rubles are accounted for at the acquisition price (for securities that do not have market quotations) or market prices (for securities with market quotations).

Liabilities on securities with a par value in foreign currency are accounted for in a double valuation: in foreign currency - at the acquisition price and in rubles (for securities that do not have market quotations) or in foreign currency - at market prices and in rubles (for securities with market quotations ).

On second order accounts No. 96601 - 96610, funds are recorded from the date of sale of securities to the date of repurchase of securities by the bank. In this case, monetary funds can be either in rubles or in foreign currency.

Cash in foreign currency is subject to revaluation due to changes in the official exchange rates of foreign currencies against the Russian ruble.

Accounting for accounts is carried out by a credit institution that is a seller of securities in the execution of the first part of agreements on purchase and sale of securities with repurchase.

On the credit of accounts No. 96601 - 96610:

1. amounts of monetary funds payable by the bank when purchasing securities during the execution of the second part of agreements on transactions for the purchase and sale of securities with repurchase, in correspondence with the account for recording claims for repurchase of securities;
2. an increase in the ruble equivalent of cash in foreign currency due to an increase in the official exchange rates of foreign currencies against the Russian ruble, in correspondence with the account of unrealized exchange rate differences on revaluation of foreign currency.

By debit of accounts the following are written off:

1. the amount of money paid by the bank in the execution of the second part of agreements on transactions for the purchase and sale of securities with repurchase, in correspondence with the account for recording claims for the repurchase of securities;
2. a decrease in the ruble equivalent of cash in foreign currency due to the fall in the official exchange rates of foreign currencies against the Russian ruble, in correspondence with the account for accounting for unrealized exchange rate differences on revaluation of foreign currency.

Analytical accounting conducted by types of currencies in the context of each agreement, for monetary funds in foreign currency - in a double estimate: in foreign currency and rubles.

On second order accounts No. 96701 - 96710, securities are accounted for from the date of purchase by the bank until the term for the return of securities by the bank. In this case, securities can have a par value both in rubles and in foreign currency.

Securities denominated in rubles with market quotations are subject to revaluation due to changes in market (exchange) prices for securities. Securities denominated in foreign currency that have market quotations are subject to revaluation due to changes in market (exchange) prices for securities and official exchange rates of foreign currencies against the Russian ruble, and not having market quotations - only due to changes in official exchange rates of foreign currencies to the Russian ruble.

Accounting for accounts is carried out by the bank, which is the buyer of securities in the execution of the first part of agreements on transactions for the purchase and sale of securities with repurchase.

On the credit of accounts No. 96701 - 96710:

1. the value of securities purchased by the bank and subject to sale in the course of the execution of the second part of agreements on transactions for the purchase and sale of securities with repurchase, in correspondence with the account for recording claims for the repurchase of securities;
2. an increase in the value of these securities due to an increase in market (exchange) prices for securities or official exchange rates of foreign currencies against the Russian ruble, in correspondence with accounts for accounting for unrealized exchange rate differences on revaluation of foreign currency or securities.

The debit of the accounts is debited:

1. the value of securities sold by the bank in the course of the execution of the second part of agreements on transactions for the sale and purchase of securities with repurchase, in correspondence with the account for recording claims for the repurchase of securities;
2. a decrease in the value of these securities due to a fall in market (exchange) prices for securities or official rates of foreign currencies against the Russian ruble, in correspondence with accounts for accounting for unrealized exchange rate differences on the revaluation of foreign currency or securities.

Analytical accounting conducted by types of securities, issues, denominations in the context of each agreement.

Securities denominated in rubles are accounted for at the redemption price (for securities that do not have market quotations) or market prices (for securities with market quotations).

Securities denominated in foreign currency are accounted for in a double valuation: in foreign currency - at the redemption price and in rubles (for securities that do not have market quotations) or in foreign currency - at market prices and in rubles (for securities with market quotations) ...

Unrealized exchange rate differences (positive) on revaluation of securities are reflected in account No. 97001 “Unrealized exchange rate differences on revaluation of securities”.

On the credit of account No. 97001, exchange rate differences from revaluation are carried out: claims - with an increase in market (exchange) prices for securities, in correspondence with accounts for recording claims; liabilities - in the event of a fall in market (exchange) prices for securities, in correspondence with accounts for recording liabilities.

The debit of the account records the exchange rate differences from the revaluation of: claims - in case of a fall in market (exchange) prices for securities, in correspondence with claims accounting accounts; liabilities - with an increase in market (exchange) prices, in correspondence with liabilities accounts. Analytical accounting account No. 970 is kept in foreign currency and rubles.

Conducting depository operations with equity securities:

• shares,
• bonds,
• government bonds,
• other types of securities that are issued in accordance with the current legislation,

regulated by Order of the Central Bank of the Russian Federation No. 02-259 "On Approval of the Rules for Keeping Records of Depository Operations of Credit Institutions in the Russian Federation" dated July 25, 1996 and "Rules for Keeping Records of Depository Operations of Credit Institutions in the Russian Federation" approved by the Central Bank of the Russian Federation on July 25, 1996 No. 44.

Emissive security is any security, including non-documentary, which is characterized simultaneously by the following features:

1. secures a set of property and non-property rights subject to certification, assignment and unconditional exercise in compliance with the form and procedure established by Federal Law No. 39-FZ "On the Securities Market" (as amended by Federal Law No. 185-FZ dated 28.12.2002);
2. posted by issues;
3. has equal volumes and terms of exercising rights within one issue, regardless of the time of purchase of the security.

The main purpose of depository accounting (accounting of depository operations) is to obtain complete and reliable information about securities in the context of their owners, places of storage and depository operations applied to them.

Keeping depository accounting is entrusted to the management of the credit institution by issuing a corresponding order to the accounting department or to a special subdivision intended for maintaining depository accounting and created in the manner prescribed by regulatory documents and the charter of the credit institution.

Depositories (credit institutions carrying out depositary activities) maintain analytical and synthetic depository accounting. In analytical accounting, analytical securities accounts are maintained, which account for securities belonging to specific owners or located in a specific storage location. The set of analytical accounting accounts and the procedure for reflecting depository operations on them are determined by the depository independently.

A securities account is a collection of entries in the registers of the depository, combined by a common feature, intended for accounting for securities.

Analytical depo account - a depo account opened in a depository to record the rights to securities of a specific depositor or to record securities held in a specific place of storage.

Synthetic depo account - a depo account intended to be included in the depo balance, on which the total amount is reflected without a breakdown by specific owners or storage places of securities recorded on analytical depo accounts.

Depo accounts include securities transferred to a credit institution by its customers:

1. for storage and (or) accounting;
2. for the implementation of trust management;
3. to carry out brokerage operations;
4. to carry out other operations;
5. securities owned by a credit institution on the basis of ownership or other property rights.

Securities are recorded on analytical securities accounts in pieces.

Securities on securities accounts are accounted for on a double-entry basis: for securities liabilities - in the context of owners and for securities assets - in terms of places of storage. Each security must be reflected twice in the analytical accounting: once - on the passive account - the depositor's account and the second time - on the active account - the account of the place of storage.

Information about all executed and executed by the depository operations must be contained in the operating journal of the depositary.

To organize the accounting of securities within the securities account, personal accounts are opened. Personal securities account is the minimum indivisible structural unit of depository accounting. It accounts for securities of the same issue with the same set of admissible depository operations. When opening each personal account, a synthetic depo account is uniquely matched, which reflects the securities on this personal account.

For the maintenance of synthetic accounting of securities held in custody in the depository, the Chart of Accounts for accounting in credit institutions provides for Chapter D “Securities Accounts”.

The balances on synthetic securities accounts (No. 98000, 98010, 98015, 98020, 98030, 98035, 98040, 98050, 98053, 98055, 98060, 98065, 98070, 98080, 98090) are determined based on the balances on analytical securities accounts. Synthetic accounting of depository operations is carried out on consolidated cards of the issue, in depot balances and turnover sheets.

Summary cards are drawn up on the basis of the turnover logs of personal securities accounts until the beginning of the next business day and are kept separately for securities issues serviced in the depository, in the context of synthetic securities accounts within the issue. According to the summary cards, a short depot balance is drawn up every day, with the summary of all issues of securities being serviced at the depository being displayed. An integral part of the short depot balance is the generalized depot balance, which contains only the totals for the asset and liability for all issues of securities. On the first day of each month, according to the summary cards of issues, for each issue of securities in the context of synthetic depo accounts, a full depo balance is drawn up.

On a quarterly basis, according to the summary cards, turnover sheets are drawn up for each issue of securities. By summing up the indicators of the sheets, a summary turnover sheet is compiled.

Conducting depository operations with non-issuable securities - bills of exchange, checks, certificates of deposit and savings certificates, etc., listed in Civil Code RF, and other securities, if these securities are not equity securities, is regulated by the Ordinance of the Central Bank of Russia No. 292-U "On the temporary procedure for conducting transactions with non-equity securities" dated 15.07.1998.

In accordance with Regulation No. 36 "On Depository Activities in the Russian Federation", approved by the Resolution of the Federal Commission for the Securities Market of the Russian Federation on October 16, 1997, the object of depository activities of credit institutions may be promissory notes and other non-equity securities transferred to a credit institution carrying out depository activities by its clients on the basis of depositary agreement. The credit institution is obliged to organize depository accounting for these securities.

Credit institutions are also entitled to accept non-issue-grade securities on the basis of custody agreements. Custody of securities, which is not accompanied by accounting and certification of clients' rights to these securities, is not a depository activity. In this case, the basis for accepting securities is a custody agreement. When a credit institution accepts securities for safekeeping, their depository records are not kept, and the securities accepted for safekeeping are reflected in off-balance sheet account No. 90803 “Securities in custody under safekeeping agreements”.

When carrying out depository accounting for non-equity securities by maintaining analytical accounts, called securities accounts, the following requirements must be met:

1. Non-equity securities are accounted for in securities accounts in pieces.
2. It is allowed to record equity and non-equity securities within the same analytical securities account of the depositor or place of storage.
3. It is not allowed to record emissive and non-emissive securities on one personal depo account.

It is allowed to record several non-equity securities of the same type on one personal depo account. When maintaining a personal account, the total number of securities recorded on it in pieces must be indicated.

Accounting transactions for active

Accounting entries for active transactions with securities

	Debit	Credit
Accounting for purchases of government securities
1. Transfer of funds to the RC of the organized securities market for participation in the auction: To the account of the participant of the RC ORSB; To ensure settlements for transactions on the RC of the organized securities market (blocking funds until the end of trading), transfer to a trading account	30402	30102
2. Acquisition of RF debt obligations in the bank's portfolio: Reflection of funds from the bank's trading account; Reflection of the value of the acquired debt; Payment of a commission in favor of the RC ORSB; At the same time, off-balance sheet accounting of acquired debt obligations on depo accounts	30409	30404
3. Acquisition of debt obligations of the Russian Federation by the bank at the expense and on behalf of the client: Receipt of funds from a client under brokerage agreements for the purchase of securities and for payment of a commission of an individual or legal entity; Transfer of funds for the purchase of debt obligations; Execution of operations on the RC of the organized securities market; At the same time, the reflection of the value of debt obligations for a depo account in off-balance sheet accounting; The commission is withheld in favor of the ORSB; Write-off of commission from bank clients for brokerage operations: Excluding VAT; VAT amount	20202	30601
Accounting for transactions on redemption (sale) of government securities
4. Crediting of funds to the bank account for recording operations on the organized securities market at the cost of repayment	30404	30408
5. Receipt of funds: From the sale of debt obligations from the bank's portfolio; At the same time, debts are written off from depository accounting	30408	501 (04-05)
6. Receipt of funds: From the sale of debt obligations of clients on their behalf; And at the same time writing off from depository accounting of debt obligations	30408	30601
7. Transfer of funds to the Organized Securities Market in the form of a commission for conducting operations	30408	30404
8. Crediting of funds to the bank account after completion of settlements based on the results of operations on the securities market	30402	30404
Accounting for urgent transactions for the purchase of securities by the bank
9. The accounting of contracts for purchased securities is organized using the section of off-balance sheet accounts "urgent transactions": Cash transactions; For forward transactions	932 (01-02)	960 (01-02)
10. Percentage of claims and liabilities for purchased securities on the day of the transaction or on the day of the change in official rates for the amount of differences between the transaction rate and the newly established rate: In the event of a positive exchange rate difference; In the event of a negative exchange rate difference	97001	94001
11. Generation of unrealized income from securities purchase and sale transactions: With an increase in the price of securities; When the price of securities falls	932 (01-02), 935 (01-10) 960 (01-02), 963 (01-10)	97001, 97001
12. Generation of unrealized expenses on securities purchase and sale transactions: With the growth of the course; When the rate falls	94001	960 (01-02), 963 (01-10) 932 (01-02), 935 (01-02)
13. Execution of cash and urgent transactions: On the day of the maturity of the transaction and cash settlements, the closing of off-balance accounts: For cash transactions; For forward transactions For the amount of a transaction in cash forward transactions	960 (01-02)	932 (01-02)
14. Fulfillment of obligations for the supply of funds under cash forward transactions	47407	30102, 30114
15. Receipt of securities: For cash forward transactions; Simultaneously off-balance accounting of purchased securities on securities accounts	502-509	47408
Accounting for urgent transactions for the sale of securities by the bank
16. Accounting for contracts for the sale of securities: For cash transactions; For forward transactions	932 (01-10)	962 (01-10)
17. Execution of cash or urgent transactions on the day of the due date of the transaction and cash settlements: Closing off-balance sheet accounts for cash transactions; Closing of off-balance sheet accounts for forward transactions; For the amount of cash and urgent transactions	962 (01-10)	932 (01-10)
18. Delivery of securities under cash forward transactions depending on the selling price of securities: On the bank's income; For bank expenses	47407	502-509
19. Receipt of funds for cash and non-cash transactions: And at the same time, writing off securities off-balance sheet	30102, 30114	47408

New page 1

Accounting entries for accounting for bank debt obligations

	Debit	Credit
1. Receipt of forms of debt obligations for implementation	90701	99999
2. Implementation: Certificates of deposit; Own bills at par; Bonds at par; At the same time, the realized debt obligations of the bank are written off from off-balance sheet accounting	30102, 405-408, 20202 30402, 42301, 20202 30102, 42301, 405-408 20202, 30102, 42301, 405-408	521 (01-06)
3. Accrual of interest on all types of debt obligations	52502	52501
Repayment of debt obligations on time
4. Transfer of the par value of debt obligations to the balance sheet accounts for accounting for debt obligations with expired circulation: Certificates of deposit; Savings certificates; Own bills; Bonds	521 (01-06)	52403
5. Transfer of accrued interest to the balance sheet account for accounting for interest on debt obligations with expired circulation: Savings certificates of deposit; By own bills; By bonds	52501	52405
6. Off-balance sheet accounting of debt liabilities presented for repayment	90704	99999
7. Actual payment: For certificates of deposit and savings certificates for the par value; On deposits and certificates for the amount of interest; On own bills of exchange in the amount of par value and interest to individuals and legal entities; For bonds in the amount of par value; For bonds for the amount of interest	52403, 52404	20202, 30102, 405-408 20202, 42301, 30102 20202, 42301, 30102
8. Assignment of the amount of interest paid to the bank's expenses	70204	52502
9. Writing off off-balance sheet accounting of extinguished debt obligations	99999	90704

Send your good work in the knowledge base is simple. Use the form below

Students, graduate students, young scientists using the knowledge base in their studies and work will be very grateful to you.

Posted on http://www.allbest.ru/

Federal Agency for Education

State educational institution of higher

vocational education

"Moscow state University instrumentation and

informatics "

Branch in Uglich

specialty 080109

Department F-4

Discipline Banking

ESSAY

on the topic of:

“Accounting for transactions with securities”

Completed by student 3Efd course

Korolev Roman Alekseevich

Checked Art. teacher

Smirnova Elena Leonidovna

Uglich 2011

Introduction

1. Bank operations with securities

2. Accounting for active transactions with securities

3. Accounting for passive transactions with securities

3.1 Accounting for bills issued by a bank

3.2 Accounting for bonds issued by the bank

Conclusion

List of sources used

Introduction

In modern Russia, as well as in the whole world, the value of banks has gone beyond the limits of money and credit ratios. Nowadays, they are acting in the role of the institution, which is equal to the state and the market. Without banking institutions, we do not think about the organization of economic activity in a public scale. Powerful socially responsible banks are able to transform the market situation into the opy of effective policy. Weak banks are a factor in the unavoidable improvement of the state and the economy. Poptfelnye invectitsii, ocyschectvlyaemye kommepcheckimi bankami in fopme cozdaniya poptfeley tsennyx bymag, ppizvany vypolnyat takie vazhnye fynktsii HOW: ctabilizatsiya doxodov banka nezavicimo From faz delovogo tsikla, kompencatsiya kpeditnogo picka Po poptfelyu bankovckix ccyd, obecpechenie divepcifikatsii bankovckix doxodov, cnizhenie nalogovogo bpemeni, ctpaxovanie banka From potep , ensuring the flexibility of the bank portfolio of assets. In addition, the investment of a commercially available bank in securities is the second source of bank profits after crediting presenters.

In addition to investment activity, the banks can also operate all types of professional activity in the stock market. It should be noted that, in the presence of professional activity, credit organizations are found in the conditions of the constant competition. This is due to the fact that all the participants of the Russian securities market have equal rights and, as a rule, show more activity, than the notes. The securities market is one of the dynamic segments of the financial market and is a linking link between the capital market and the money market. Deyatelnoct bankov nA pynke tsennyx bymag mnogogpanna, as they not tolko yavlyayutcya pocpednikami, cvyazyvayuschimi intepecy and denezhnye cpedctva emitentov and invectopov, Nr and cami aktivno icpolzyyut financovye inctpymenty for fopmipovaniya cobctvennoy pecypcnoy bazy, pazmescheniya denezhnyx cpedctv in vycokolikvidnye and doxodnye tsennye bymagi. Takim obpazom for icpolneniya cvoego glavnogo ppednaznacheniya and ctabilnogo vypolneniya cvoix obyazatelctv peped klientami kommepcheckim bankam neobxodimo povyshat cobctvennyyu konkypentocpocobnoct nA pynke tsennyx bymag. Poetomy voppocy, cvyazannye c covepshenctvovaniem financovogo and yppavlencheckogo ycheta opepatsy c tsennymi bymagami, a tak zhe pazpabotka teopeticheckix and opganizatsionno-metodologicheckix voppocov vnytpennego kontpolya in kommepcheckom banke ppiobpetayut ocobyyu aktyalnoct.

1 . Bank operations with securities

In terms of economic content, the bank's operations with securities are divided into:

Passive - emission and release by banks of own valuables;

Active - placement of own and attracted deposits into stock assets on the stock exchange (in the trading system) on the offshore market from his own name;

Commissary (clients) - not associated with the extraction of a bank of profits or the formation of a pecuniary base, but providing it with a comissional money

According to the nature of the operations carried out, the banks can switch off cash (cash) and urgent transactions with securities.

A cash (cash) transaction is a transaction, the expiration date (date of voiding) that was set up just after the second working day of the switching-on e.

Cpochnaya cdelka - IT cdelka nA pokypky or ppodazhy financovyx inctpymentov Po zapanee coglacovannoy tsene in bydyschem, kogda data pacchetov yctanovlena in Term ne panee tpetego pabochego day From daty zaklyucheniya cdelki. If the dates of performance of the obligations by the parties to the transaction do not match, then the date of performance of the transaction shall be considered the date of performance of all obligations.

According to the form of the account, operations with securities are divided into:

1) Balance operations:

Formation of the capital of a joint-stock bank at the expense of ordinary and pre-owned shares (account 102, 103,104,105);

Formation of additional capital (account 106);

Accounts on the organized securities market (account 304);

Calculations for securities (account 306);

Operations with securities purchased by banks on PEPO operations, for sale and investment (account 501-511);

Operations by counting vectors (counts 512 - 519);

Operations on the issue of private long-term securities (account 520 -523);

Membership in subsidiaries and affiliates of shareholdings (account 601).

2) Operations on the control:

Operations with securities obtained in the public administration, as well as those purchased in the process of public administration;

Accounts for trust management.

3) Out-of-Balance Operations:

Opening of credit lines and issuance of obligations on the provision of credits with the use of securities;

Operations with unallocated security securities and security securities of other issuers.

4) Urgent operations:

Deals of purchase and sale of securities, for which the date of calculations does not coincide with the date of closing the transaction.

5) Accounts DEPO:

Taking into account the depot operations with emission securities (stocks, bonds, government bonds, as well as other types of valuable securities, which are the best

Regardless of the valuable paper given to the bank by its clients for storage or accounting, for the maintenance of trustworthy management, for the maintenance of stockpiles;

Taking into account the bank's own securities, which belong to it on the basis of its own property or other legal right.

In accordance with Russian law, banks can carry out the following operations with securities:

to issue, buy, sell, store valuable papers;

invest funds in securities;

to buy and sell valuable paper from your own name and at your own expense, including by way of their cotting;

manage securities at the behest of the client (trust management);

to carry out special (agent) functions when buying and selling valuable paper at the expense and at the request of the client on the basis of the agreement of the company or other to act in the field of a financial broker;

to carry out an investment consultation, i.e. to provide customized services on issues of issuing and handling of securities;

organize securities outlets, i.e. to act in the quality of an investment company;

issue warranties for the placement of securities for the use of third parties;

to invest funds in the portfolio of stocks of non-banking companies (including to ensure control over them through additional subsidies);

to establish non-banking investment institutions (investment funds, for the exclusion of checks) and companies of financial markets and investment concepts;

Establish specialized companies for the accounting and storage of securities, as well as the completion of payments for operations with them; Establish organizations that are institutional investors (construction, holding companies).

Operations of securities banks can be divided into three main groups (Figure 1).

Figure 1- Types of operations of banks, carried out with securities

2 . Accounting for active transactions with securities

The purchase of a security is the registration of a security on the balance sheet accounts in connection with the acquisition of ownership of the security.

Accounting records for the reflection in the accounting of investments in securities and transactions with securities are made on the basis of an internal document signed by the head of the bank (branch) or a person authorized by him.

The acquired securities are accounted for in the balance sheet accounts of Section 5 "Operations with Securities".

Securities are purchased for the purpose of forming:

Bank's trading portfolio;

Investment income, form an investment portfolio;

Controlling participation portfolio.

The trading portfolio includes quoted securities purchased for the purpose of generating income from their sale (resale), as well as securities that are not intended to be held in the portfolio for more than 180 days and can be sold and meet the following requirements:

a) quoted securities purchased for the purpose of their resale within 180 calendar days inclusive. These securities are accounted for by groups of issuing entities on balance sheet accounts of the second order 50104-50110 "Debts purchased for resale and under loan agreements", 50605-50608 "Shares acquired for resale and under loan agreements". Analytical accounting is carried out in the context of securities issues;

b) quoted and unquoted securities purchased under agreements providing for the possibility of their: multiple sale within 180 calendar days inclusive. These securities are accounted for on balance sheet accounts of the second order 50113 "Debts purchased under agreements to resell", 50611 "Shares purchased under agreements to resell" regardless of the issuer). Analytical accounting is carried out in the context of each contract;

c) quoted and unquoted securities purchased under loan agreements (regardless of the term of the agreement and the issuer) are accounted for on balance sheet accounts of the second order 50115 "Debt obligations acquired under loan agreements", 50613 "Shares acquired under loan agreements" ... Analytical accounting is maintained in the context of each contract.

Analytical accounting is maintained in accordance with the selected method for assessing the cost of retired (sold) securities in terms of issues or individual securities (their lots).

Securities of the investment portfolio are shown on balance sheet accounts 503 "Quoted debt securities purchased for investment", 508 "Quoted shares purchased for investment" 502 "Unquoted debt securities", 507 "Unquoted shares". Unquoted securities are recognized as being acquired to generate investment income, or as available for resale (based on the growth in their value).

Securities purchased with a view to holding them for more than 180 calendar days are also included in the investment portfolio.

If the number of voting shares of one joint-stock company on the accounts of the controlling participation portfolio is less than 50% of the authorized capital, then the remaining shares are subject to transfer to the accounts of investment or trading portfolios.

Quoted securities are securities that meet the following conditions:

Admission to circulation on an open organized market or through a trade organizer on the securities market (including foreign open organized markets or trade organizers), which has the appropriate license from the Federal Commission for the Securities Market, and for foreign organized markets or trade organizers - a national authorized body;

The turnover for the last calendar month on the above organized open market or through the trade organizer is not less than the average amount of transactions per month, which, in accordance with the regulations of the Federal Commission for the Securities Market, is established for the inclusion of securities in the first level quotation list;

Information about the market price is publicly available, that is, it is subject to disclosure in accordance with Russian and foreign legislation on the securities market, or access to it does not require the user to have special rights.

If a security ceases to meet the criteria of a quoted security, it must be transferred to balance sheet accounts for accounting for unquoted securities. If an unquoted security begins to meet the criteria of a quoted security, then it must be transferred to balance sheet accounts for accounting for quoted securities.

The date of transactions for the purchase and disposal of securities is the date of transfer of rights to the security.

In the accounting records, transactions are reflected on the day of receipt of primary documents confirming the transfer of rights to a security, or on the day of the fulfillment of the terms of the agreement that determine the transfer of rights.

Transactions and transactions for which the transfer of rights or settlements are carried out on the date of the transaction are subject to reflection on balance sheet accounts 47407, 47408 "Settlements on conversion transactions and forward transactions" (off-balance accounting is not kept in this case).

Securities are accepted for accounting at the actual cost of purchasing them in the currency of the Russian Federation (in rubles). Costs in foreign currency are recognized at the official exchange rate of the Bank of Russia as of the date of transfer of rights to securities, and preliminary costs - at the date of acceptance for accounting. The costs associated with the acquisition and disposal (sale) of securities include:

The costs of paying for the services of specialized organizations and other persons for consulting, information and registration services;

Fees paid to intermediaries;

Remuneration paid to organizations that ensure the conclusion and execution of transactions;

And for interest-bearing (coupon) securities - also interest (coupon) income paid when purchasing them.

Depending on the purposes of the acquisition, the accounting of investments in securities is carried out by the following methods:

a) at the purchase price;

b) at the market price.

Securities in the investment portfolio and the controlling interest portfolio are recorded in accounting only at the acquisition price (book value when transferring from the trading portfolio). Also, the purchase price (the amount of the principal debt) includes securities purchased under loan agreements and purchased under agreements to resell.

Listed securities listed in the trading portfolio for resale are only recorded at the market price.

Balance accounts 61203 and 61204 "Sale (disposal) of securities" are used to reflect transactions related to the disposal of securities and the determination of the financial result.

The credit of the sales (disposal) accounts reflects the amount received in the redemption of the security.

The debit of these accounts is written off the amount of the cost of the security.

On the same day, the financial result shall be credited to the accounts for recording income or expenses from the resale (redemption) of securities.

The financial result upon disposal of a security is defined as difference between cost security and the redemption price or the retirement (sale) price determined by the agreement.

One of the following methods for assessing the cost of sold and retired securities should be defined in the accounting policy:

At the average cost. Average cost valuation method - writing off securities of one issue regardless of the order in which they are credited to the corresponding second-order account. When application of this method of investing in securities of one of the issue includes all securities of this issue, listed on the corresponding second-order account, and when they are retired (sold) are written off to the prime cost in proportion to the number of retired (sold) securities. In this case, analytical accounting is kept on the personal account of the issue;

At the cost of the first by the time of acquisition (FIFO). FIFO method - upon disposal (sale) of securities, investments in the corresponding number of the first securities of this issue are debited to the second order balance sheet account by the time they are deposited;

At the cost of the most recent acquisition (LIFO). Method LIFO (LIFO) - when foam securities are retired (sold), investments in the corresponding number of the latest securities of this issue were credited to the second-order balance sheet account at the cost of the retired securities.

When making sale and purchase transactions with interest-bearing (coupon) debt obligations, in the terms of the transaction, interest (coupon) income is allocated for the time from the beginning of the interest (coupon) period until the date of transition of the debt to the debt obligation that is the subject of the transaction, inclusive.

If, for some reason, when concluding the transaction, "the accumulated interest (coupon) income was not indicated: -: as a separate item in its terms, the bank is obliged to separate it from the purchase or sale price of the debt obligation.

The accounting of income and expenses on accumulated interest (coupon) income is carried out on balance account 504 "Accumulated interest (coupon) income on interest (coupon) debt obligations". For separate accounting of the received and paid interest (coupon) income, second order accounts are opened 50405 "Accumulated interest (coupon) income received upon sale or redemption on interest (coupon debt obligations" and 50406 "Accumulated interest (coupon) income paid upon acquisition on interest ( coupon) debt obligations ".

In accounting, the purchase of a security is reflected in the following entries:

1) the value of the security is accounted for:

Dt of the personal account of balance sheet accounts of the second order of the corresponding portfolio

2) accrued interest income paid upon acquisition is reflected:

Dt 50406 "Accumulated interest (coupon) income on interest (coupon) debt obligations, paid upon acquisition"

CT 30102, 20202, 40702, 47407, 47408, 30602;

3) reflects the costs associated with the purchase of a security:

Dt 50905 "Costs associated with the purchase and sale of securities"

CT 30102, 20202, 40702, 47422, 30602.

If the issuer fails to fulfill its obligations to repay the semi-liability in due time, all costs for its acquisition are transferred to account 50505 "Investments in overdue debt obligations".

This operation is reflected in accounting entries:

a) in the amount of the book value of the security:

CT of the personal account of balance sheet accounts of the second order of the corresponding portfolio;

b) in the amount of interest (coupon) income paid upon acquisition:

Dt 50505 "Investments in overdue debt obligations"

Кт 50406 "Accumulated interest (coupon) income on interest (coupon) debt obligations, paid upon purchase";

c) for the amount of costs associated with the acquisition:

Dt 50505 "Investments in overdue debt obligations"

Kt 50905 "Costs associated with the purchase and sale of securities."

Securities purchased to form a trading portfolio are subject to revaluation at least once a month and no later than the last business day of the reporting month.

Revaluation of securities - determination of the book value of securities that are in the portfolio of a credit institution as of the end of the business day. Revaluation is performed by multiplying the number of securities by their market price.

When revaluation is carried out, the balance of securities formed at the end of the day after the accounting of transactions on the acquisition or disposal of piebald securities (including transfers from other portfolios) is subject to revaluation.

The revaluation results on the same day are reflected in the following accounting entries:

a) in case of an increase in the value of investments in securities based on the results of revaluation:

Dt 50104-50110, 50605-50608 balance account second: order of the trading portfolio, corresponding to the front score.

Кт 50111, 50609 "Revaluation of securities - positive differences";

b) with a decrease in the value of investments in securities with the results of revaluation:

Dt 50112, 50610 "Revaluation of securities - negative differences"

Kt 50104-50110, 50605-50608 of the balance account of the second order of the trading portfolio, the corresponding personal account.

On the last business day of the reporting month after the revaluation is carried out, the balance on the corresponding personal account is charged to the accounts for recording income or expenses from the revaluation of securities. In this case, the following entries are made in the accounting:

a) a positive difference is written off upon revaluation:

Dt 50111, 50609 "Revaluation of securities - positive differences"

Кт 70102 "Incomes received from operations with securities :, securities";

b) a negative revaluation difference is written off: Dt 70204 "Expenses on transactions with securities" CT 50112, 50610 "Revaluation of securities - negative differences".

Disposal of a security is reflected in the following accounting entries:

1) The book value of the securities was written off:

CT of the personal account of the balance sheet accounts of the second order of the corresponding portfolio.

2) the accrued interest income received upon disposal (sale) was written off:

Dt 61204 "Disposal (sale) of securities"

Кт 50450 “Accumulated interest (coupon) income on interest (coupon) debt obligations received upon sale or redemption”;

3) the costs associated with the purchase and sale of the security were written off:

Dt 61204 "Disposal (sale) of securities"

Kt 50905 “Costs associated with the purchase and sale of securities”.

The costs of disposal (sale) of a security related to this transaction can be written off, bypassing account 50905 “Costs associated with the acquisition and sale of securities”, directly in correspondence with accounts for cash accounting, 47422 “Liabilities on other transactions” , 30602 “Settlements of credit institutions-principals (commitors) for brokerage operations with securities and other financial assets”.

4) Funds have been received for the sold security at the price determined by the terms of the agreement:

Dt 30102, 20202, 40702, 30602, 47407, 47408

5) The financial result on disposal of the security is determined:

a) positive financial result:

Dt 61203 "Disposal (sale) of securities"

Kt 70102 “Income received from operations with securities”;

b) negative financial result:

Kt 61204 “Disposal (sale) of securities”.

6) Accounts for recording the accumulated interest (coupon) income are closed:

a) for the amount of accumulated interest income paid:

Дт 50405 "Received on sale or redemption: accumulated interest (coupon) income on interest (coupon) debt obligations"

Кт 50406 "Accumulated interest (coupon) income n: interest (coupon) debt obligations, paid upon acquisition";

b) referring the final balance to accounts for accounting for interest income from investments in debt obligations under the relevant items and symbols of the Scheme for analytical accounting of income and expenses:

Дт 50405 "Accumulated interest (coupon) income received on sale or redemption on interest (coupon) debt obligations"

7) received regular interest payments (redemption of the next coupon) on the outstanding debt obligations:

Dt 30102, 20202, 40702, 30602

Кт 50405 "Accumulated interest (coupon) income received on sale or redemption on interest (coupon) debt obligations".

On the same day, accounts are closed for recording the accumulated interest (coupon) income:

Дт 50405 "Accumulated interest (coupon) income received on sale or redemption on interest (coupon) debt obligations"

Кt 70102 "Income received from operations with securities".

At the end of the working day and in the daily balance of account balances 50405 "Accumulated interest (coupon) income on interest (coupon) debt obligations received upon sale or redemption" should not be. When paying interest (coupon) income on securities, the date of receipt of income is the day when the issuer fulfills its obligations to pay interest (coupon) income.

3 . Accounting for passive operations with securities

3.1 Accounting for bills issued by a bank

bank account bill bond

To simplify settlements, raise funds, banks issue promissory notes. Any forms of the bank's own bills of exchange are subject to accounting on off-balance sheet account 90701 “Forms of own securities for distribution”.

Bills of exchange issued and sold by the bank are recorded in passive balance accounts of the second order of account 523 “Issued bills and bank acceptances” broken down by maturity at par. Personal accounts are kept for each bill.

When a bill is sold at a price below par (with a discount), the discount is credited to the balance sheet account 52502 on a separate personal account for accounting for discounts on own bills (the debit of accounts for accounting for cash, settlement accounts and on credit to account 523).

At the end of the day preceding the maturity date, the bill is transferred to account N 52406 “Bills with expired circulation”. Interest accrued on the bill of exchange is added to the amount of the bill. Analytics is carried out for each bill.

For promissory notes upon presentation, the circulation period is set at 1 year. Thus, when the date is equal to one year minus one day, the bill of exchange is transferred to account 52406.

Dt 70204 "Expenses on transactions with securities"

Кт 52502 “Upcoming payments on interest, coupons and discounts on issued securities”.

Interest accrued on a bill of exchange is accounted for in the same way as interest on certificates. Interest accrued to the amount of the promissory note is credited to account 52406 in correspondence with account 52501. If it is necessary to hold income tax from the accrued interest (for individuals), according to the explanation of the Bank of Russia, a posting is made Dt account 52406 CT account 60301.

Upon presentation of a bill for redemption, it is subject to accounting on off-balance sheet account 90704. After redemption, it is debited from account 90704.

The bank can redeem its own promissory note before maturity. The bill can be redeemed or held for later sale.

In case of early repayment or redemption of a bill on the day of presentation, the following is made:

Dt 523 "Issued bills and bank acceptances" - for the amount of the bill face value

If it is provided, accrued interest is added to account 52406. The presented bill of exchange is credited to account 90704.

The difference between the denomination of the bill and the actual price of its early redemption is credited, respectively, to balance sheet account 701 “Income” at symbol 12603 when the bill is sold at par and redemption at a discount.

If the bill was sold at a discount and the bank redeems it below par, but above the selling price, then a reversal entry is made on account 52502 for the amount of the difference between the par and the redemption price, and at the same time the difference (real discount) is debited to the expense account 70204 “ operations with securities ”.

If a bill of exchange is kept for further sale, the bill of exchange is credited to the active off-balance sheet account 90703 “Own securities repurchased before maturity” with transactions similar to those for early redemption of the bill.

The redeemed promissory note is debited from account 90704.

Separately, I would like to dwell on the situation in which the bank buys out a discount bill at a price lower than it was sold. In this situation, the bill of exchange discount (account 52502) is reversed and the difference is charged to the income account. It is believed that this amount reflected in income is debt forgiveness.

3.2 Accounting for bonds issued by a bank

Bonds issued by the bank are accounted for at par on second-order accounts by maturity on balance sheet account 520 in the context of the state registration numbers of the issues. The issue of bonds is also accounted for on off-balance sheet DEPO accounts.

The issued bonds are accounted for by the issuing bank:

Dt 98000 "Securities in custody in the depository"
Kt 98090 "Securities out of circulation"

The purchased bonds are debited from account 98090 and are credited to the passive account 98040 “Securities of owners”.

After the sale of bonds and summing up the results of the placement, the bond loan is written off from off-balance sheet accounts:

For securities sold

Dt 98040 "Securities of the owners"

CT 98000 "Securities in custody in the depository"

For unrealized bonds

Dt 98090 "Securities out of circulation"

Kt 98000 “Securities in custody in the depository”.

If the issuing bank is not the registrar, then the issued bonds are recorded on the active account 98010.

Expired bonds are transferred to account 52401.

The accrued interest stipulated by coupons on bonds is accounted for on account 52501 in correspondence with account 52502. Upon maturity, interest is transferred to account 52407, from where it is paid.

Upon presentation of the coupon for payment, it is recorded on account 90704.

When paying interest on bonds, the bank makes the entry:
Dt 70204 for symbol 24101 CT 52502.

Conclusion

The market of valuable paper is one of the key mechanisms for the attraction of money supply for investment, modernization of the economy, and stimulation of production growth. Opepatsii kpeditnyx opganizatsy c tsennymi bymagami ppedctavlyayut coboy odno of pazvivayuschixcya nappavleny bankovckoy deyatelnocti, odnako, coglacno ppognozam ekcpeptov, ppedoctavlenie bankam bolshey camoctoyatelnocti, pazvitie cictemy ctpaxovaniya vkladov, covepshenctvovanie fickalnoy politiki pozvolyat bankam shipe icpolzovat cvoi vozmozhnocti and aktivno ychactvovat in invectitsionnoy deyatelnocti. In this way, the investment of money in securities will allow the bank's assets to be kept liquid.

On the other hand, credit organization is extremely important to ensure the reliability of the dosage. It is known that the risk of loss of capital is higher than the most profitable potential investments, therefore, practically every bank will take care of reducing the amount of energy needed. In world practice, it is accepted to limit investments in each type of valuable paper to 10% of the total price of a portfolio.

The following types of operations with valuable securities have been obtained in the current time as a promising direction for the development of the efficiency of commercial banks:

Trustworthy operations;

Provision of customized services.

Gocydapctvennoe pegylipovanie bankovckoy deyatelnocti nA pynke tsennyx bymag dolzhno be nappavleno nA peshenie ppiopitetnyx ppoblem, takix HOW podem ekonomiki, poct inoctpannyx invectitsy and effektivnocti THEIR icpolzovaniya.

In conclusion, I would like to name the main provisions for the development of the securities market:

Improvement of the system of taxation of operations with securities;

Removal of administrative barriers, which prevent the free circulation of shares;

Optimization of the share of the state in the share capital;

Expansion of the range of processing tools of the securities market;

Kontpol za coblyudeniem yctanovlennyx tpebovany zakonodatelctva o tsennyx bymagax c tselyu zaschity ekonomicheckix intepecov gocydapctva, invectopov, aktsionepov, a imenno: ppedotvpaschenie napysheny co ctopony ychactnikov pynka tsennyx bymag tpebovany zakonodatelctva o tsennyx bymagax; identification of violations and taking measures to prosecute the guilty persons in their commission; development of recommendations in the field of improvement of the legislation on valuable paper according to the results of the conducted control measures;

Help to increase investment activity in the securities market as a whole.

List of sources used

1 Usatova L.V., Seroshtan M.S., Arskaya E.V. Accounting in commercial banks: a textbook. - M .: Publishing and trading corporation "Dashkov and Co", 2005. - 380 p.

2 Shirinskaya Z.G., Nesterova T.N., Sokolinskaya N.E. Accounting and operational technology in banks. - M .: Publishing house "Perspektiva": INFRA-M, 1998. - 488 p.

3 Smirnova L.R. Accounting in commercial banks: Textbook. allowance / Ed. M.I. Bananova - M .: Finance and statistics, 2003. - 688 p .: ill.

Posted on Allbest.ru

Similar documents

Types of securities. Accounting for passive bank operations. Operations with securities. Accounting for certificates of deposit and savings, promissory notes issued by the bank. Operations log and account statement. Accounting records, bank agreements.

term paper, added 01/30/2012


Fundamentals of organizing the accounting of active operations with securities. Principles of reflection of investments in securities. Accounting for active securities transactions. The order of accounting for active operations with securities in the investing bank. Depository accounting.

term paper, added 04/26/2009


Accounting rules for transactions with government securities in banks of the Republic of Belarus, registration and accounting of transactions. Circulation of bonds in the secondary market, increase in income, redemption of securities. Classification and accounting of banks' expenses.

test, added 11/15/2010


Economic and legal aspects of accounting for securities transactions. Audit of JSC "Bosco", financial investment audit program. Development of the necessary recommendations to improve the accounting of transactions with securities.

thesis, added 10/21/2010


Securities: concept, essence, types. Regulatory aspects of accounting. Taxation of transactions with securities. Accounting system at Khimtek LLC, the practice of accounting for operations with securities. Checking the accounting of financial investments.

term paper added on 04/06/2011


Features of the organization of the regulatory framework for accounting in commercial banks and credit institutions. Principles of reflection of investments in securities in accounting accounts. Accounting for active and passive transactions with securities.

thesis, added 10/06/2011


Studying the accounting of active operations with securities in credit institutions. Formation of financial results from these operations, the procedure for taxing bank income on specific types of lending and investment of enterprises.

test, added 12/16/2009


Principles of reflection of investments in securities. The order of accounting for operations with securities in an investor bank, with organizations participating in the stock market. Depository accounting of operations with securities. Purchase of securities through an intermediary.

term paper, added 12/07/2010


Accounting for currency exchange transactions, bank deposit operations, accounting for operations with securities issued by the bank, accounting for the financial result of the bank's activities. Collection and systematization of practical material on the topic of the thesis.

practice report, added 04/25/2014


Organization of securities accounting. Accounting for losses from transactions in the sale of securities when calculating the taxable base. The procedure for reflecting a loss in accounting on the example of CJSC "MicroChip". The amount of the loss is the deductible temporary difference.

The documents confirming financial investments are:

received certificates of shares, extract from the register of shareholders, extract from "custody" accounts, various certificates, bonds;

certificates for the amount of deposits made, loan agreements.

Payment orders and bank statements confirm the redemption of bonds and the return of loans provided.

When investing in authorized capital newly created organizations, the investor acquires either shares (joint stock companies) or shares in the authorized capital (limited liability companies), for which the investor organizations must have confirmation of their investments.

When investing in an LLC - such a document is a bank statement or an act of acceptance and delivery of fixed assets, intangible and other assets.

When creating a joint stock company, the confirmation of the contribution made is a security (share) either in the form of shares or share certificates, or in the form of an extract from the register of securities owners.

By purchasing shares of other joint stock companies on the secondary market, organizations make portfolio investments. The purpose of the purchase is to generate income either in the form of dividends, or from the sale of shares when their rate increases.

The purchase of shares is carried out both independently and through an intermediary - a broker (conclusion of an agreement with an investment company).

In all cases, confirmation of purchases made must be depo account statements or extracts from shareholder registers.

In addition to shares, Russian organizations can invest in government bonds issued by the Ministry of Finance and the Bank of Russia as the guarantor.

The book of accounting of securities is kept by any organization carrying out operations of purchase and sale of securities. Required details:

Issuer name;

The par value of the security;

Purchase value;

Number, series;

Total amount;

Purchase date;

Date of sale.

When using the services of the depositary for storing the forms of securities belonging to it, the organization records them on its balance sheet, indicating the details of the depositary in the analytical accounting. The accrual of depository services is reflected in the entry D 91-2 to 76 and relates to other expenses.

Synthetic accounting is carried out in total terms. Analytical - by units of accounting for financial investments, as well as by organizations in which these investments were made.

The accounting unit is chosen by the organization independently - i.e. series, batch, homogeneous aggregate of financial investments.

In accordance with PBU 19/02, the following information should be generated in the analytical accounting: name of the issuer; name of the security; number, series; face value; purchase price; expenses related to the purchase of a security; total amount; date of purchase; date of sale or other disposal and place of storage. The rules for forming the initial cost of financial investments are shown in Table 2.7.

Table 2.7 - Rules for the formation of the initial cost of financial investments

Purchase method	Initial cost components
	The amount of actual costs for the acquisition of financial investments (excluding VAT and other refundable taxes), including: amounts payable under the contract to the seller cost of information and consulting services remuneration of intermediaries general business and other similar expenses, directly related to the acquisition of financial investments sum differences arising before financial investments are accepted for accounting (when making settlements in conventional units), etc.
Contribution to the authorized (pooled) capital	Estimated value of financial investments, agreed by the founders (participants) of the organization
Gratuitous receipt of securities	The amount of cash that can be received as a result of the sale of these securities at the date of their acceptance for accounting
Acquisition under contracts providing for the fulfillment of obligations (payment) in non-cash funds	The value of assets transferred (to be transferred) to the organization, established by: based on the price at which an entity would normally determine the value of similar assets in comparable circumstances, or on the basis of the value at which similar investments are purchased in comparable circumstances
Contribution to a simple partnership (joint activity)	Estimated value of deposits, agreed by partners in a simple partnership agreement

Synthetic accounting is kept on account 58 "Financial investments". To develop this account, you can open a separate subaccount, on which it is advisable to take into account the funds of financial investments for which documents have not yet been received confirming the organization's rights to the amounts of financial investments made.

Account 58 is intended to summarize information on the availability and movement of the organization's investments in government securities, stocks, bonds and other securities of other organizations, authorized (pooled) capital, as well as loans granted to other organizations.

{!LANG-b948e536384ddd4a33e94721b9c063b4!}

{!LANG-329f8b49c0ab25f6acf6230433cca81f!}

{!LANG-3707dd88dc87f46e8e904b76749db2ba!}

{!LANG-b1866ca27a21109d7dffd1b64a760c15!}

{!LANG-93a58137bcc5ca29a5c73ab11b5dc5e4!} {!LANG-d659510987230b73a2ba9132ae13dfb1!}{!LANG-279ea90e0d286214b085b277dbc88892!}

{!LANG-bf806687b08b65c4d25dc00f34008456!}

{!LANG-c443d1158028ff34a35c8780ec634814!}

{!LANG-863c26e01ecffa04a6bc701ca5473c2c!}

{!LANG-1035fad480a9f0c442378a0356152455!}

{!LANG-7f95ff98fd5f1a390705d557db12387c!}

{!LANG-b5840930d058e4e465e14c1ca7289142!}

{!LANG-5cc013d00f33376b65e5e302e7a08d0a!}

{!LANG-80b874da49b27c6d530654facc05479e!}

{!LANG-8ccc623d790b15e09fb332d4b9d7f904!}

{!LANG-68cf96729177245952215f7789a9eeb4!}

{!LANG-d1295f7e6628873ba01fd5c9e40744d8!}

{!LANG-174e2070254ba51fc18f5c634ea10f93!}

			{!LANG-5c4db0bed79c4ddd4f16bead5a2ede31!}
{!LANG-f1b09f62350cae10f08972a9f2e3dda7!}	{!LANG-36636e6a840ddebfa964ae3747f09cfb!}
{!LANG-bad90c9ab2a1b8c84c24c59a0f4dced3!}		{!LANG-36636e6a840ddebfa964ae3747f09cfb!}
{!LANG-d121fcc4be4cd66ab0d20d131db04347!}		{!LANG-36636e6a840ddebfa964ae3747f09cfb!}
{!LANG-f34beb2086040659d7a3e204f9e125f8!}
{!LANG-dd031ec34beb34a7211e0de0a906d0e7!}	{!LANG-a33bb6b54739fab5bd61574691d2387e!}
{!LANG-9b2745282d28fc87b5df4e438464b037!}		{!LANG-a33bb6b54739fab5bd61574691d2387e!}
{!LANG-ff462eac666cd870a20ee04f5099d549!}

{!LANG-6745d0e1a85a8b64eab0598390b261cf!}

{!LANG-3414db940b8b3c1694f1f614c1725e1a!} {!LANG-f142a8f023cc56f5fae1554d153232ee!}{!LANG-bef0f49cd6e8a841badf1d1a86ec58f2!}

{!LANG-360d462cbbff9cdb981a7a516b9a40a5!} {!LANG-08b7aa7b2b5de9c80b50354209b0ebbf!}{!LANG-359248a79610f4be72b8cfe7156f42db!}

{!LANG-6f9ead95580c054c3c9624fde7c38bd5!} {!LANG-ffdeacd5b53f4539d097fe5d931083f9!}{!LANG-786f47e22fba0e36ab1c660b23fa3062!}

{!LANG-2082ded9f2b57ef1462c1ed607569302!}

{!LANG-9e065bdaadbef2046d4418f2f05cf5b2!}

{!LANG-b38c2f89764bfe2baf08b296f41440d7!}

{!LANG-f32681997a3683d47bca375801b884ff!}

{!LANG-15353519dbfb14f62b0f9cee733a4d55!}

{!LANG-51fd782ce1c1bddfb6e60bd4c34380b4!}

{!LANG-89be105962c2e421a6d5b18a93947a4b!}

{!LANG-f9ab86e6185f18b0e0c6446b921606a6!}

{!LANG-3198a6f6047ad6e3c67232ac6d8f0231!}

{!LANG-5e8dd2cf4a34ad4f1699054a23731586!}

{!LANG-c0b806ef99d535749777b998115aa56f!}

{!LANG-ea681a47522b8d91a8cb4e6b46deceee!}

{!LANG-6696d3ebc0bcbc4dc1e6dc275470b05f!}

{!LANG-9114f8995590a76519d0ef13fe9a6fb4!}

			{!LANG-5c4db0bed79c4ddd4f16bead5a2ede31!}	{!LANG-0f6fdb82fd32b17dfb3d6d0a30a5b359!}
{!LANG-3b530de6090b0613e8269fdc113c5039!}
{!LANG-b664d4538cfd1710d2ba6dda89c0fc10!}
{!LANG-e1a755151d7d6f2c17253ee669f0818a!}				{!LANG-67269e8ee36dbffb7486ccde0fa950d6!}
{!LANG-8d8c2118f4d9d18cc5123d577a503471!}				{!LANG-67269e8ee36dbffb7486ccde0fa950d6!}
{!LANG-81cd3cd85865acb026a87f97c4b6a419!}
{!LANG-c2798aa2cc256b115f0442c96a635252!}				{!LANG-e2ff9b03bcbce9f53def6242fda80a08!}
{!LANG-e5c500d55657bcf0a5395e564d88e689!}				{!LANG-456281fb811ef4d10fba09684e663b64!}

{!LANG-c4aa29541a479e3c02429730e42d8e8c!}

{!LANG-5860688fc00f0cc25816a03dc8a85668!}

{!LANG-c5b12e39e01a47ddeacd8bb54da650aa!}

{!LANG-778693f0e1442c0096fe8cf1cf5cdd44!}

{!LANG-6ef936abb893f1d49fac1b594f1da3bc!}

{!LANG-4b2d4a397634299bd1130658dd9071b9!}

{!LANG-37917089fafc3400454a2d906ed97285!}

{!LANG-0b76980f1608f779ee0cdc62b5616760!}

{!LANG-b78398f01fa2bef4b6f530fb2a9cb8dc!}

{!LANG-6afef218af921bcb15ebcdbcd7f1f5f9!}

{!LANG-7c4ad57d902ff9de166c957c9ad3dd41!}

{!LANG-4716cab9ae230e02baa54c1fb23ab800!}

{!LANG-3ab032e54101f786817258dfc2ffbaae!}

{!LANG-236a797c16e583db2b47b7034b366ded!}

{!LANG-bd9fed1a41cc2854572ee0980e9564fe!}

{!LANG-305bf4a80500de6f9ad7e7eab24a16ff!}

{!LANG-543efdafa2c41a43d297fc2579bac499!} {!LANG-7462fb614239fbc02c755855f8c02b0c!}{!LANG-b98d3a0ebc36d0658af52afebec03682!}

{!LANG-0777ff470af6528412e0123c4522c7b1!} {!LANG-ccd8a2e0dbe900f7a3e946656dd0e0b5!}{!LANG-e94f0682e225c1a3f51c971ddc113f22!}

{!LANG-0cd72de8fbec5a850c8ecc952503b961!}

{!LANG-20ee9e0f1fc693dcf505767d6c690677!}

{!LANG-a7cf314b769f21f7898b0b08c584692e!}

{!LANG-2a827cfc044ab45b04cbd86b981542de!}

{!LANG-bf6b57b900d6ab5e686c54135727a660!}

{!LANG-77d146a4956415957bb4875c2b237ec3!}