The main form of accounting reporting on the availability and movement of fixed assets is the balance sheet. The assets of the balance sheet reflect the value of the property and debt rights of the enterprise (non-current and working capital), and the liabilities - the sources of their formation (equity capital and liabilities).
The form of the balance sheet in our country, the form of the balance sheet is built on the principle of contrasting asset items with the corresponding liability items, which meets the requirements of international financial reporting standards and provides a more in-depth analysis and assessment of the economic potential of the enterprise.
The first section of the balance sheet of OJSC Belkhoztorg contains data on the cost of fixed assets at the beginning and end of the reporting period. The item “Fixed assets” reflects own fixed assets at their residual value. In the balance sheet as of October 1, 2005, the value of fixed assets of this enterprise amounted to 19,436 million rubles, at the end of the reporting period - 19,354 million. rubles (Appendix 3). Based on the available data, we can conclude that during the period under review, the value of fixed assets of Belkhoztorg OJSC decreased as a result of disposal, but these changes are insignificant, since the enterprise, along with the write-off of worn-out equipment, acquired new production assets.
In the appendix to the balance sheet “Profit and Loss Statement” in the second section “Operating income and expenses” in the second part “about operating expenses:
- 1. received from the sale of assets
- 2. expenses from transactions with securities
- 3. other operating expenses
Sales of fixed assets are reflected in other operating expenses.
Appendix to the balance sheet No. 5 (Appendix I) in the section “Depreciable property” contains a list of fixed assets of this enterprise by group, which reflects their balance at the beginning of the year, receipts and disposals during the reporting period and the balance at the end of the period.
This section reflects the following groups of fixed assets of Belkhoztorg OJSC:
- · Buildings and structures
- · Machinery and equipment
- · Vehicles
- · Computer and office equipment
The main form of statistical reporting on the availability and movement of fixed assets and other non-financial assets is Form No. 11, approved by Resolution of the Ministry of Statistics and Analysis of the Republic of Belarus dated July 15, 2002 No. 69 (Appendix K). This form is submitted annually before March 25 to the district statistics department and its parent organization.
Form No. 11 consists of three sections:
Availability, movement and composition of fixed assets.
Availability of fixed assets.
Other non-current assets.
The line “Total fixed assets” of the first section shows the cost of fixed assets included in the organization’s property. The line “Fixed assets of the main type of activity” takes into account the fixed assets used in the production of those products or the provision of those services that, according to the All-Union Classifier “Branches of the National Economy,” belong to the industry indicated in the address part of the form.
The column “Received in the reporting year, total” reflects the receipt of fixed assets in the reporting year (both new and used).
The column “Received in the reporting year, of which new fixed assets were introduced” reflects the cost of new facilities put into operation in the reporting year from all sources of financing: new machinery and equipment, vehicles, computer equipment and office equipment, buildings and structures, transmission devices .
The column “Received in the reporting year, of which revaluation of fixed assets” reflects the amount of revaluation of fixed assets, calculated as the difference between the replacement cost determined as a result of revaluation at the end of the reporting year and the original cost at the end of the year.
The column “Total disposed of in the reporting year” reflects the total disposal of fixed assets in the reporting year.
The second section of Form No. 11 contains information on the average annual cost of all fixed assets used in business activities for the previous and reporting years. As well as the replacement and residual value of fixed assets used in business activities at the end of the year.
The third section indicates the revenue for the reporting year from the sale of goods for the entire organization, including the main type of activity.
The Law of the Republic of Belarus “On Accounting and Reporting” defines the components of financial statements. Currently, the annual financial statements of an organization include the following reporting forms: balance sheet form 1 - profit and loss statement form 2 - statement of changes in capital form 3 - cash flow statement form 4 - appendix to the balance sheet form 5 - explanatory note - an auditor's report confirming the reliability of the organization's financial statements, if in accordance with current legislation it is subject to mandatory audit.
The organization may provide additional information accompanying the financial statements if the executive body considers it useful for interested users when making economic decisions. It reveals the dynamics of the most important economic and financial indicators of the organization’s activities over a number of years, the planned development of the organization, the expected capital and long-term financial investments, the policy regarding borrowed funds other information. Individual indicators included in the sample application form to the balance sheet can be presented as independent forms of financial statements or included in an explanatory note.
When an organization discloses information about its assets as fixed assets, intangible assets, and profitable investments in tangible assets in the explanations to the balance sheet and profit and loss statement, data on the initial replacement cost of these assets and accrued depreciation is provided separately. Appendix to the balance sheet Form 5 consists of seven sections, which reflect data on the movement of borrowed funds, accounts payable and receivable, depreciable property, sources of funds for financing investments, financial investments, expenses, ordinary activities, and social indicators.
The Fixed Assets table is a transcript of the Fixed Assets line of the balance sheet. In Form 5, fixed assets are reflected in the traditional classification by type buildings, structures and transmission devices machines and equipment vehicles production and household equipment draft livestock productive livestock perennial plantings other types of fixed assets land plots and environmental management facilities capital investments for radical land improvement.
Information on depreciation of fixed assets is presented in Form 5 in less detail than information on the cost of the objects themselves. Only the amounts of depreciation of buildings and structures, machinery, equipment and vehicles are reflected separately. Accumulated depreciation at the beginning and end of the reporting year for all other types of fixed assets is reflected in the other line. Data on the amounts of accumulated depreciation on leased property of lessor enterprises is reflected not in this table, but separately in the breakdown table Profitable Investments in Material Assets.
The main form of accounting reporting on the availability and movement of fixed assets is the balance sheet. The assets of the balance sheet reflect the value of the property and debt rights of the enterprise (long-term and short-term assets), while the liabilities reflect the sources of their formation (equity and liabilities).
The form of the balance sheet in our country is based on the principle of contrasting asset items with corresponding liability items, which meets the requirements of international financial reporting standards and provides a more in-depth analysis and assessment of the economic potential of the enterprise.
The first section of the balance sheet of the State Forestry Institution “Borisov Experimental Forestry” contains data on the cost of fixed assets at the beginning and end of the reporting period. The item “Fixed assets” reflects own fixed assets at their residual value. In the balance sheet as of January 1, 2014, the value of fixed assets of this enterprise amounted to 44,096 million rubles, at the end of the reporting period 46,546 million rubles (Appendix F). Based on the available data, we can conclude that during the period under review, the value of fixed assets of the State Forestry Institution “Borisov Experimental Forestry Enterprise” increased. The reason for the increase in fixed assets was the acquisition of new machinery and equipment. In 2014, the Borisov Experimental Forestry Enterprise purchased: tractors, chainsaws, a MAZ vehicle, an Amkodor-2551 harvester, an Amkodor-2661 forwarder, an Amkodor excavator and much more.
The main form of statistical reporting on the availability and movement of fixed assets and other non-financial assets is Form No. 1-f (os), approved by the Resolution of the National Statistical Committee of the Republic of Belarus dated January 15, 2014 (Appendix X). This form is submitted annually before March 30 to the district statistics department and its parent organization.
Form No. 1-f (OS) consists of three sections:
Availability, movement and composition of fixed assets,
Availability, movement and composition of fixed assets by type of economic activity,
Other long-term assets.
Column 1 reflects the initial cost of fixed assets listed at the beginning of the reporting year. Column 2 reflects the debit turnover on accounting accounts 01 “Fixed assets” and 03 “Income-generating investments in tangible assets” in terms of fixed assets. 10. Column 3 reflects the cost of new fixed assets put into operation in the reporting year. Column 3 does not reflect the cost of used fixed assets received in the reporting year.
The lessee organization reflects the cost of new fixed assets leased in the reporting year and listed on its balance sheet only in column 2, but not in column 3. Column 4 reflects the credit turnover on accounting accounts 01 “Fixed assets” and 03 “Income-earning investments in tangible assets” in terms of fixed assets. Column 5 reflects the initial cost of fixed assets liquidated (written off) in the reporting year in accordance with the write-off act. Column 6 reflects the revalued value, and column 7 reflects the residual value of fixed assets at the end of the reporting year, taking into account the revaluation at the end of the reporting year. The data in column 6 must be equal to the sum of the data in columns 1 and 2 minus the data in column 4.
Column 8 reflects the amount of depreciation or the amount of loss of value of fixed assets listed at the end of the year, actually accrued only for the reporting year, without taking into account its changes that occurred as a result of revaluation at the end of the year. Column 9 reflects the initial, and column 10 – the residual value of fixed assets at the end of the year before revaluation at the end of the year.
Section II reflects the cost of all fixed assets of the organization by type of economic activity in accordance with the national classifier of the Republic of Belarus OKRB 005-2006 “Types of economic activity”, approved by Resolution of the State Committee for Standardization of the Republic of Belarus dated December 28, 2006 No. 65 “On approval, introduction into action, amendment and repeal of technical regulatory legal acts in the field of technical regulation and standardization and the national classifier of the Republic of Belarus" (hereinafter referred to as OKED).
OKED is posted on the official website of Belstat in the “Classifiers” section.
The sum of data on lines 100, 110, 120, 130, 140, 150, 160, 170, 180, 200, 210, 220, 230, 240, 250 in columns 1–10 of table 2 must be equal to the data on line 010 in columns 1 –10 section I.
Table 3: lines 301, 302, 303 reflect the amount of depreciation of fixed assets (excluding impairment incurred in the reporting year):
line 301 reflects the amount of depreciation on fixed assets received during the year, accrued by this organization for the reporting year, without taking into account revaluation at the end of the reporting year. The depreciation accumulated before their receipt is not reflected in this line; line 302 reflects the amount of depreciation on fixed assets retired during the year, accumulated over the entire period of their operation until the moment of write-off; line 303 reflects the amount of depreciation on written-off fixed assets, accumulated over the entire period of their operation until the moment of write-off.
In Table 4: Column 1 reflects the costs of reconstruction (modernization, restoration) work completed and executed by acceptance certificates, attributed to the increase in the initial cost of fixed assets in the reporting year, without revaluation at the end of the reporting year; Column 2 reflects the revalued value of fixed assets with an expired useful life, the residual value of which is zero.
In section III, line 500 reflects the cost of equipment for installation.
Line 501 reflects the cost of unfinished construction projects (both construction costs and reconstruction (modernization, restoration) costs). Lines 502 and 503 reflect the cost of livestock types not related to fixed assets - young animals and small animals (poultry, rabbits, fish and bees), respectively. Their cost is reflected on these lines in cases where they are not intended for one-time use (receiving products only after slaughter, for service purposes or as experimental animals), but for one or another type of permanent or repeated use.
Judge of the Seventh Arbitration Court of Appeal T. E. Stasiuk
when considering the issue of accepting an appeal of a limited company
of the Arbitration Court of the Novosibirsk Region in case No. A45-22492/2018 on the claim
Limited Liability Company "NADIS" (630099, Novosibirsk, st.
Kamenskaya, 32, office. 406, OGRN 1055405222025, TIN 5405306250) to the company with
limited liability "Retail Center" (630039, Novosibirsk, st.
Dobrolyubova, 201, office. 5, OGRN 1152225000861, INN 2221217534), with participation in the case in
as third parties who do not make independent claims regarding
subject of the dispute: 1. limited liability company "Novosib-Torg" (693023,
Yuzhno-Sakhalinsk, st. Komsomolskaya, 251, office. 22, OGRN 1045401314859, TIN
5403171880) represented by the bankruptcy trustee Denis Sergeevich Penkov (656008,
Altai Territory, Barnaul, PO Box 4211); 2. limited liability companies
"Capital" (630133, Novosibirsk, Lazurnaya st., 4/3, apt. 2, OGRN 1095403002463, INN
5403222421) represented by the bankruptcy trustee Denis Sergeevich Penkov (656008,
Altai Territory, Barnaul, PO Box 4211), about the recovery of 1,568,700 rubles, about the obligation
vacate the premises
Installed:
Limited Liability Company "Retail Center" filed an appeal
in case No. A45-22492/2018.
appeal of the limited liability company "Retail Center"
left without movement due to violation of the requirements established by paragraph 3
Installed:
xx at 07 hours 29 minutes Gutov A.A. in xx, while driving a car xx with a state registration plate xx region, did not comply with the legal requirement of a police officer to terminate an administrative offense under Part 3.1 of Art. 12.5 Code of Administrative Offenses of the Russian Federation dated xx
At the court hearing Gutov A.A. guilty of committing an administrative offense under Part 1 of Art. 19.3 of the Code of Administrative Offenses of the Russian Federation fully recognized and explained that he has a skin disease and he should not allow the sun’s rays to hit his skin.
Having listened to the person brought to administrative responsibility and examined the evidence presented, the court believes that Gutov A.A. guilty of committing an administrative offense under Part 1 of Art. 19.3 of the Code of Administrative Offenses of the Russian Federation for the following reasons.
Art. 12.5 of the Code of Administrative Offenses of the Russian Federation (light transmittance is 51.3%), according to which he was subject to an administrative fine in the amount of 500 rubles;
The requirement to stop the offense from xx by resolution xx;
The resolution in the case of an administrative offense xx dated xx on the commission of an administrative offense under Part 3.1 of Art. 12.5 of the Code of Administrative Offenses of the Russian Federation (light transmittance is 53%), according to which a penalty was imposed on him in the form of an administrative fine in the amount of 500 rubles;
The requirement to stop the offense from xx by resolutionxx.
The above evidence meets the requirements of Art. 26.2 of the Code of Administrative Offenses of the Russian Federation, on the basis of a comprehensive, complete and objective study of all the circumstances of the case in compliance with the rules of Art. 26.11 Code of Administrative Offenses of the Russian Federation.
The protocols were drawn up in accordance with the requirements of the Code of Administrative Offenses of the Russian Federation by a person who was on duty.
Mitigating circumstances Gutova A.A. the court recognizes: the presence of two dependent young children, 6 years and 6 months old, engaged in socially useful work.
The judge did not establish any aggravating circumstances regarding the administrative liability of the above-mentioned offender during the consideration of the case.
When assigning punishment, the court takes into account the nature of the offense committed and the personality of the offender.
Based on the above, guided by Art. Art. 4.1 part 3, 29.10, 29.11 Code of Administrative Offenses of the Russian Federation judge
Resolved:
Find Azamat Arturovich Gutov guilty of committing an administrative offense under Part 1 of Art. 19.3 of the Code of Administrative Offenses of the Russian Federation and punish him with an administrative fine in the amount of 1000 (one thousand) rubles.
The recipient of the collected fine is xx
The decision can be appealed to the Supreme Court of the KBR within 10 days.
Form 11-statistics is annually submitted by legal entities to statistical authorities and includes information about the organization’s fixed assets. For reporting for 2018, Rosstat introduced a new form of this form. We will tell you and show you the specifics of filling it out with an example below.
Why do you need Form 11 for 2018 in 2019?
Using Form 11, all legal entities, except those related to SMEs and NPOs, must annually report to Rosstat (before April 1 of the year following the reporting year) on the availability and movement of fixed assets and other non-financial assets (NFAs) used in business.
Reporting for 2018 must be submitted before 04/01/2019 using the new Form 11, approved by Rosstat Order No. 449 dated 07/19/2018. Its form is available for download on our website:
Filling out Form 11 according to instructions: structure of the reporting document
Form 11 consists of:
- from the title page;
- section 1, which includes information on the availability and structure of fixed assets of the reporting company, changes in their accounting value and depreciation;
- section 2 with additional information about the company’s OS;
- section 3, containing information about fixed assets for which the company does not charge depreciation;
- Section 4, devoted to information about the operating system in separate divisions of the company.
At the end of the document, the full name and position of the company employee authorized to submit reports to Rosstat, his contact information (telephone and email), and his signature are indicated.
Front page
The title page of Form 11 indicates:
- reporting year;
- name and address of the reporting organization;
- OKPO company code.
Section 1 (information about the availability and composition of the OS)
The main element of Section 1 of Form 11 is the table. It records indicators that correlate with numbers reflecting:
- adjustment of the full accounting value of the object as a result of revaluation as of the end of the reporting period or as a result of a decrease in the value of assets;
- increase or decrease in the total accounting value of the object;
- availability of the object at the end of the year at full accounting value, adjusted for revaluation, which was carried out at the end of the reporting period, as well as adjusted for impairment of assets;
- availability of the object at the end of the year at the residual book value, adjusted for revaluation, which was carried out at the end of the year, as well as adjusted for impairment of assets;
- accounting depreciation of fixed assets accrued during the reporting year;
- depreciation of fixed assets;
- accounting depreciation, which relates to liquidated fixed assets.
These indicators are given both in relation to all fixed assets available during the reporting year, and broken down into groups represented by real estate, machinery and equipment, inventory, plantings, working and productive livestock, and intellectual property.
Section 1 below the table also contains information:
- about the cost at which other assets are primarily accounted for (line 19);
- volume of investments in OS (line 20);
- average annual full accounting value of fixed assets (line 21);
- the prices for which year included fixed assets as of the end of the reporting year related to real estate, machinery and equipment, as well as vehicles (lines 22-26);
- the average age of the company's fixed assets related to real estate, machinery and equipment, as well as vehicles (lines 27-30);
- the actual construction period of real estate objects put into operation by the company in the reporting year (line 31);
- the cost of the actual sale of fixed assets to third parties - except for sale for liquidation purposes (line 32).
Section 2 (additional OS information)
The main element of this section is also the table. It shows:
- the volume of profitable investments in material assets (line 33);
- the cost of fixed assets that are taken into financial lease when recorded on the lessee’s balance sheet (line 34);
- the cost of fixed assets that are leased and are recorded on the lessor’s balance sheet (line 35).
Read about the features that determine the differences between rent and financial lease (leasing). “What is the difference between renting and leasing?” .
It also shows the cost of fixed assets leased, with them recorded on the lessee’s off-balance sheet account (line 36), and leased, with them recorded on the lessor’s off-balance sheet account (line 37).
The table below shows:
- cost of fixed assets used for environmental protection purposes (line 38);
- the amount of accumulated capital investments used to improve land (line 39);
- the amount of accumulated expenses associated with the transfer of ownership of assets that are classified as non-produced (line 40);
- the cost of costs for work in progress equipment and vehicles intended for internal use (line 41);
- the cost of equipment to be installed in the company (line 42);
- the amount of costs related to the unfinished construction of real estate for internal use (line 43).
Below the table in section 2 the following data is also provided:
- on the amount of capital investments for land improvement (line 44);
- the amount of expenses for the transfer of ownership of assets classified as non-produced (line 45).
Section 3 (FA without depreciation)
This section is also represented by a table. Here the total cost of all fixed assets is recorded (line 46), for which depreciation is not accrued, with its division into related (lines 47-51):
- to real estate objects;
- machinery and equipment;
- vehicles.
Section 4 (OS by territorial divisions)
Section 4 of Form 11 reflects data on fixed assets at the disposal of separate divisions of the reporting company, which are located in the same subject of the Russian Federation with the head office. Fixed:
- name, address of the unit, its codes OKTMO, OKPO, main codes OKVED2;
- data on the average annual full accounting value of fixed assets in the division.
As many copies of Section 4 sheets are filled out as there are divisions of the reporting company, including those that do not have OS.
You can download a sample of filling out Form 11 on our website.
What is Form Statistics 11 (Transaction)
Along with Form 11, according to which companies submit to Rosstat information on the availability and movement of all fixed assets and non-current assets during the reporting year, there is Form 11 (transaction), through which organizations inform the department about transactions with fixed assets on the secondary market, as well as about the delivery of the corresponding OS for rent.
For information on how accounting is organized for the tenant and the landlord, read the article “Accounting for the lease of fixed assets (nuances)” .
In addition to its purpose and structure, Form 11 (transaction) differs from Form 11 in that:
- it must be submitted to Rosstat by all legal entities not related to microenterprises (including small and medium-sized enterprises and non-profit organizations);
- it must be submitted on a different date - before June 15 of the year following the reporting year.
Form 11 (transaction) in the version that must be used to prepare the report for 2018 was also approved by Rosstat order No. 449 dated July 19, 2018.
You can download it on our website:
Results
Form 11 is a document submitted annually to Rosstat by legal entities not related to NPOs or SMPs. It records information about the fixed assets of the organization and its territorial divisions. A supplementary report is Form 11 (transaction), which reflects information about transactions with fixed assets carried out on the secondary market.
Information on the availability and movement of fixed assets (funds) and other non-financial assets in Form N 11 is used to submit statistical reporting. OKUD form code 0602001.
Federal statistical observation form No. 11 “Information on the availability and movement of fixed assets (funds) and other non-financial assets” is provided by all legal entities, regardless of departmental affiliation, type of economic activity, form of ownership and legal form, except:
- non-profit organizations, with the exception of consumer cooperation organizations, which, within the framework of their main statutory activities, are engaged in economic activities, making a profit (for example, consumer societies and their unions, agricultural consumer cooperatives),
- small businesses (including related consumer cooperation organizations).
Consumer cooperative organizations whose main activities are costly in nature, for example, gardening cooperatives, dacha cooperatives, housing cooperatives, and housing construction cooperatives, do not report on the form. Organizations using the simplified taxation system fill out and submit the form on a general basis.
Fixed assets and other non-financial assets assigned to the possession, use and disposal of unitary enterprises with the right of economic management and of state-owned enterprises with the right of operational management must be accounted for by the above-mentioned enterprises in Form No. 11 in the usual manner.
When an organization is created or liquidated during the year, the organization provides a form, filling out data for the period of its existence - the created organization shows the lack of availability of fixed assets at the beginning of the year, their receipt and other indicators, and the liquidated one, on the contrary, shows the complete disposal of fixed assets by the end of the year . A similar procedure applies to the reorganization of an organization (merger, accession, division, spin-off, transformation), when organizations submit Form No. 11 separately for part of the year before and after the reorganization (which corresponds to the final and opening financial statements).
Bankrupt enterprises where bankruptcy administration has been introduced are not exempt from providing information in Form No. 11. Only after the arbitration court has issued a ruling on the completion of bankruptcy proceedings regarding the organization and an entry about its liquidation has been made in the unified state register of legal entities (clause 3 of Art. 149 of the Federal Law of October 26, 2002 N 127-FZ “On Insolvency (Bankruptcy)”), the debtor organization is considered liquidated and is exempt from providing information in the federal statistical observation form.
A legal entity fills out this form, checks it and submits it to the territorial body of Rosstat at its location. If the control ratios provided for in these Instructions are not observed, the organization must attach appropriate explanations to the report.
If a legal entity has separate divisions, this form is filled out both for each separate division and for a legal entity without these separate divisions. In this case, a separate division of an organization means any territorially separate division from it, located in another constituent entity of the Russian Federation, at or from the location of which economic activity is carried out at equipped stationary workplaces.
If a legal entity, its separate divisions have fixed assets or facilities that have not been completed by construction, and other non-financial assets reflected in the form, actually located on the territory of two or more constituent entities of the Russian Federation, Form No. 11 is provided separately for each of these subjects, in the order similar to that established for separate divisions.
Branches and representative offices of foreign (located outside the territory of Russia) organizations located on the territory of Russia submit a report to the territorial body of Rosstat at their location.
The completed forms are submitted by the legal entity to the territorial bodies of Rosstat at the location of the corresponding separate division (for a separate division) and at the location of the legal entity (without separate divisions). In the event that a legal entity (its separate division) does not carry out activities at its location, the form is provided at the place where they actually carry out activities.
The head of a legal entity appoints officials authorized to provide statistical information on behalf of the legal entity.
