ORDER OF THE MINISTRY OF FINANCE OF UKRAINE

of February 25, 2000 No. 39

About approval of the National provision (standard) of financial accounting 25 "The simplified financial reporting"

In pursuance of article 11 of the Law of Ukraine "About financial accounting and the financial reporting in Ukraine" PRIKAZYVAYU:

1. Approve the National provision (standard) of financial accounting 25 "The simplified financial reporting" (further - the National provision (standard) 25) which is applied.

2. 25 to apply national provision (standard) to creation of the financial reporting, since the first quarter 2000. Determine that in forms of the Financial statement indicators for the same period of 1999 can not go.

3. Ceased to be valid

4. Declare invalid the order of the Ministry of Finance of Ukraine of August 18, 1995 No. 139 "About approval of amount and forms of the annual accounting report of the company and the Instruction about procedure for their filling", No. 321/857, registered in the Ministry of Justice of Ukraine on September 1, 1995 with changes and amendments.

Approved by the Order of the Ministry of Finance of Ukraine of February 25, 2000 No. 39

National provision (standard) of financial accounting 25 "The simplified financial reporting"

I. General provisions

1. This National provision (standard) establishes content and form of the Financial reporting of small enterprise as a part of Balance (No. form the 1st) and the Report on financial results (No. form the 2nd) and procedure for its filling, and also content and form of the Financial reporting of the microcompany as a part of Balance (ms form No. 1) and the Report on financial results (form No. 2 of ms) and procedure for its filling. Indicators of these reports are given in thousands of hryvnias with one decimal sign.

2. Regulations of this National provision (standard) are applied by the microcompanies, small enterprises, not entrepreneurial societies, representative offices of foreign business entities (except the companies which according to the legislation constitute the financial reporting under International Financial Reporting Standards) (further - the companies), in particular:

1) for creation of the Financial reporting of small enterprise:

small enterprises - legal entities who are recognized as those according to the Law of Ukraine "About financial accounting and the financial reporting in Ukraine";

representative offices of foreign business entities;

2) for creation of the Financial reporting of the microcompany:

the microcompanies - legal entities who are recognized as those according to the Law of Ukraine "About financial accounting and the financial reporting in Ukraine";

the paragraph of the seventh is excluded according to the Order of the Ministry of Finance of Ukraine of 12.01.2023 No. 18

not entrepreneurial societies.

3. The companies provide the average number of workers in the annual statement which is determined according to the procedure, established by specially authorized central executive body in statistics industry. Representative offices of foreign business entities do not give indicators about the average number of workers. Small business entities do not open information of rather comprehensive income.

4. Forms of the Financial reporting of small enterprise and the Financial reporting of the microcompany are given respectively in appendices 1, 2 to this National provision (standard).

5. Curtailment of asset items and obligations is inadmissible, except the cases provided by the relevant national provisions (standards) of financial accounting. In column 4 of the Report on financial results (No. form the 2nd and No. 2 of ms) provide data for the same period of last year.

6. In the cases provided by regulatory legal acts, the companies the separate balance is made. For creation of separate balance data of source documents on economic activities of the branches, representations, departments and other separate divisions allocated with the company (legal entity) for separate balance and also on economic activities which according to the legislation are subject to display in separate balance are brought in separate (open for this separated division or for display of economic activities on certain activities of the company) bookkeeping registers. According to separate bookkeeping registers the balance concerning the specified economic activities is made. Indicators of separate balance join in the Simplified financial reporting.

7. The companies which specified in the subitem 2 of Item 2 of this Section, can:

consider non-current assets only at primary cost without reduction of usefulness and revaluation to fair value;

not create providing the subsequent expenses and payments (on payment of the following leaves to workers, accomplishment of warranty obligations and so forth), and recognize the corresponding expenses in the period of their actual incurring;

include the current receivables in balance sheet total on its actual amount;

Paragraph fifth ceased to be valid.

8. No. 18 is excluded according to the Order of the Ministry of Finance of Ukraine of 12.01.2023

9. No. 18 is excluded according to the Order of the Ministry of Finance of Ukraine of 12.01.2023

II. Financial reporting of small enterprise

1. In balance assets, obligations and equity are displayed. The result of balance sheet assets shall equal to the amount of obligations and equity.

2. Contents of balance sheet items

2.1. In the article "Intangible assets" the cost of the objects carried in structure of intangible assets is reflected. Separately original and residual cost of intangible assets, and also the cumulative depreciation amount added in accordance with the established procedure are given in this Article. The balance sheet total joins residual cost which is determined as difference between original cost and cumulative depreciation amount which is given in brackets.

2.2. In the articles "Incomplete Capital Investments" the cost of capital investments into non-current assets, incomplete for date of balance, on construction, reconstruction, upgrade (other improvements which increase primary (overpriced) cost), production, acquisition of objects of tangible non-current assets is displayed (including the non-current tangible assets intended for replacement acting, and the equipment for installation).

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