Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

Registered by

in the Ministry of Justice

Ukraine

On October 4, 1999 No. 672/3965

RESOLUTION OF THE NATIONAL COMMISSION OF REGULATION OF POWER INDUSTRY OF UKRAINE

of July 29, 1999 No. 983

About approval of standard rates of sufficiency of own assets of subjects of business activity

(as amended on 31-10-2000)

According to the Presidential decree of Ukraine of April 21, 1998 of N335 "Questions of the National Commission of Regulation of Power Industry of Ukraine" (with changes and amendments), the resolution of the Cabinet of Ministers of Ukraine of April 29, 1999 N 753 "About procedure for issue of licenses by the National commission of regulation of power industry for implementation of separate types of business activity", for the purpose of restriction of risks of implementation of transactions in the markets of electrical energy and natural gas the National commission of regulation of power industry of Ukraine DECIDES:

1. Approve Standard rates of sufficiency of own assets of subjects of business activity (further - Standard rates) which obtain in NKRE licenses for supply of electrical energy and/or natural gas on unregulated rate (are applied).

2. Determine that the indicators of standard rates of sufficiency of own assets calculated for each subject of business activity shall answer these Standard rates. If the company does not follow requirements at least of one of the standard rates approved by this resolution, then it shall provide to the Commission additional guarantees in the form of the bank guarantee or the copy of the agreement on opening of credit line that confirms compliance to the approved standard rates.

3. Non-compliance with the established NKRE of standard rates of sufficiency of own assets is violation of the Conditions and Rules of implementation of business activity on supply of electrical energy on unregulated rate approved by the resolution NKRE of 12.08.96 N 36 and registered in the Ministry of Justice of Ukraine 14.08.96 under N 448/1473, and also Conditions and Rules of implementation of business activity (licensed conditions) on supply of natural gas on unregulated rate approved by the resolution NKRE of 12.08.99 N 1042 and registered in the Ministry of Justice of Ukraine 09.09.99 under N 609/3902.

4. Determine that subjects of entrepreneurial deyatelnostilitsenziata of NKRE on supply of electrical energy on unregulated rate shall bring the assets into accord with requirements of this resolution till March 1, 2000.

5. Control over the implementation of this resolution by subjects of business activity is exercised by the National commission of regulation of power industry of Ukraine.

 

Commission chairman O. Svetelik

The Resolution NKRE of July 29, 1999 is approved No. 983

Standard rates of sufficiency of own assets of subjects of business activity

1. Standard rates of sufficiency of own assets of the subjects of business activity obtaining licenses for delivery of electrical energy or natural gas in NKRE are not calculated for subjects of business activity if delivery of electrical energy or natural gas they perform due to own production or production.

2. The standard rate of sufficiency of own assets (Ndva) - availability of those assets at subjects of business activity which provide payment of cost of monthly scopes of supply of electrical energy, natural gas.

Ndva is determined as difference between the quickest assets and urgent obligations determined in cash and there shall be at least monthly cost of scope of supply of electrical energy or natural gas. Ndva is calculated by formula

Формула 1 к Пост. от 29.07.1999 год №983     _________________

* Deferred expenses join in calculation of the standard rate in that part which will be consumed during operating cycle of the company or if it less than 12 months, - within year, since date of delivery of balance.

** Deferred revenues join in calculation of the standard rate in that part which will be completely earned during operating cycle of the company or if it less than 12 months, - within year, since date of delivery of balance.

Ndva> = costs of monthly scope of supply.

3. The standard rate of overall liquidity (Nzl) shows possibility of repayment of the most urgent obligations at the expense of the current assets.

Nzl is calculated by formula

Формула 2 к Пост. от 29.07.1999 год №983

Nzl> 1,0.

Note.

The specified standard rates are calculated based on data of balance

the companies for the last accounting period.

 

Chief executive of the Working device NKRE I. O. Zhvakin

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

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