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INSTRUCTION OF THE CENTRAL BANK OF RUSSIA

of December 17, 2010 No. 2541-U

About requirements of the Bank of Russia to indicators of the reporting and the organizations other information obliged on bills of exchange (credit agreements) which are provided by credit institutions in providing the credits of the Bank of Russia

(as amended on 31-12-2013)

This Instruction according to the Federal Law "About the Central Bank Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, N 28, Art. 2790; 2003, N 2, Art. 157; N 52, of Art. 5032; 2004, N 27, Art. 2711; N 31, of Art. 3233; 2005, N 25, Art. 2426; N 30, of Art. 3101; 2006, N 19, Art. 2061; N 25, of Art. 2648; 2007, N 1, Art. 9, Art. 10; N 10, of Art. 1151; N 18, of Art. 2117; 2008, N 42, Art. 4696, Art. 4699; N 44, of Art. 4982; N 52, of the Art. 6229, Art. 6231; 2009, N 1, Art. 25; N 29, of Art. 3629; N 48, of Art. 5731; 2010, N 40, Art. 4971; N 45, of the Art. 5756) and the Provision of the Bank of Russia of November 12, 2007 N 312-P "About procedure for provision by the Bank of Russia to credit institutions of the credits provided with assets or guarantees", the registered Ministry of Justice of the Russian Federation on December 10, 2007 N 10658, on June 25, 2008 N 11875, on October 7, 2008 N 12405, on October 15, 2008 N 12457, on October 24, 2008 N 12520, on January 14, 2009 N 13069, on September 8, 2009 N 14730 ("the Bulletin of the Bank of Russia" of December 17, 2007 N 69, of July 2, 2008 N 35, of October 17, 2008 N 58, of October 27, 2008 N 60, of January 21, 2009 N 4, of September 16, 2009 N 54) (further the Provision), establishes requirements of the Bank of Russia to indicators of the reporting and the organizations other information obliged on bills of exchange (credit agreements) which are provided by credit institutions for the purpose of their inclusion in structure of assets the credits of the Bank of Russia accepted in providing.

1. For the purpose of determination by the Bank of Russia of compliance of the organizations obliged on bills of exchange (credit agreements) which are provided by credit institutions for the purpose of their inclusion in structure of the assets accepted in providing the credits of the Bank of Russia (further - the organizations), to the requirements established by the paragraph the fifth subitem 3.6.4 of Item 3.6 of the Provision the following indicators are estimated:

overdue debt on the credits, loans;

overdue debt on the issued bills of exchange;

overdue accounts payable lasting over 3 months;

profitability of sales;

ratio of own and borrowed funds;

coefficient of current liquidity (general coverage ratio);

net assets.

2. Measure values, provided in paragraphs vtoromchetverty, the sixth - the eighth Item of 1 this Instruction, are estimated as of the last reporting date, measure value, the Item of 1 this Instruction given in paragraph five, - as of annual date for previous year and quarter dates of the current year (if on the date of implementation of assessment the terms of submission of annual accounting records for previous year established by regulatory legal acts of the Ministry of Finance of the Russian Federation did not come - as of annual date in the year preceding previous year and quarter dates of previous year).

3. Assessment of indicators is performed by comparison of the actual measure values with their admissible values.

3.1. Admissible value for the indicators given in paragraphs the second - the fourth Item of 1 this Instruction, is established equal 0, that is on the last reporting date the organization has no credits which are not repaid in time, loans, overdue payments on the bills of exchange issued by the organization, and also overdue accounts payable lasting over 3 months.

3.2. Admissible value for the indicator given in paragraph five of Item of 1 this Instruction is established more than zero, that is on reporting dates, the stipulated in Item 2 presents of the Instruction, the organization has positive measure value "profitability of sales".

3.3. Admissible value for each of indicators, the given in paragraphs six, the seventh Item of 1 this Instruction, is established equal 40% of their average values by the corresponding type of economic activity. Average values by types of economic activity are calculated according to the summary accounting records of the organizations developed by bodies of the state statistics.

3.4. Admissible value for the indicator given in paragraph eight of Item of 1 this Instruction is established equal 40% of the maximum measure value for the period for which the reporting of the organization according to requirements of appendix 5 to the Provision is submitted.

4. Along with assessment of indicators the Bank of Russia takes into account availability concerning the organization of information on other essential circumstances which testify to possibility of the increased risks in case of adoption of bills of exchange of the organization (credit agreements with the organization) in providing the credits of the Bank of Russia.

5. The organization conforms to requirements of the paragraph of the fifth subitem 3.6.4 of Item 3.6 of the Provision if the following conditions are at the same time satisfied:

measure values, provided in paragraphs the second - the fourth Item of 1 this Instruction, conform to requirements of subitem 3.1 of Item 3 presents of the Instruction;

measure values, the given in paragraphs five - the eighth Item of 1 this Instruction, cannot be lower than their admissible values established by subitems 3. 2, 3.3 and 3.4 Items 3 presents of the Instruction;

The Bank of Russia has no information on other essential circumstances which testify to possibility of the increased risks in case of adoption of bills of exchange of the organization (credit agreements with the organization) in providing the credits of the Bank of Russia.

6. From the date of entry into force of this Instruction to recognize invalid:

Instruction of the Bank of Russia of November 12, 2007 N 1904-U "About requirements of the Bank of Russia to indicators of accounting records and the organizations other information obliged on bills of exchange (credit agreements) which are provided by credit institutions in providing the credits of the Bank of Russia" ("the Bulletin of the Bank of Russia" of December 17, 2007 N 69);

Instruction of the Bank of Russia of October 3, 2008 N 2085-U "About modification of Item 3.2 of the Instruction of the Bank of Russia of November 12, 2007 N 1904-U "About requirements of the Bank of Russia to indicators of accounting records and the organizations other information obliged on bills of exchange (credit agreements) which are provided by credit institutions in providing the credits of the Bank of Russia" ("the Bulletin of the Bank of Russia" of October 8, 2008 N 56);

Instruction of the Bank of Russia of December 30, 2008 N 2167-U "About modification of the Instruction of the Bank of Russia of November 12, 2007 N 1904-U "About requirements of the Bank of Russia to indicators of accounting records and the organizations other information obliged on bills of exchange (credit agreements) which are provided by credit institutions in providing the credits of the Bank of Russia" ("the Bulletin of the Bank of Russia" of January 21, 2009 N 4);

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