Decision on Forms and Content of Items in Financial Statement Forms to Be Completed by Banks

RS Official Gazette, Nos 93/2020 and 56/2025 Pursuant to Article 30, paragraph 3 of the Law on Accounting (RS Official Gazette, No 73/2019) and Article 18, paragraph 1, item 3) of the Law on the National Bank of Serbia (RS Official Gazette, Nos 72/2003, 55/2004, 85/2005 – other law, 44/2010, 76/2012, 106/2012, 14/2015, 40/2015 ‒ CC decision and 44/2018), the Governor of the National Bank of Serbia hereby issues DECISION ON FORMS AND CONTENT OF ITEMS IN FINANCIAL STATEMENT FORMS TO BE COMPLETED BY BANKS I INTRODUCTORY PROVISIONS

1. This Decision prescribes financial statement forms to be completed by
   banks and the content of items in the following forms: Balance Sheet, Income Statement, Statement of Other Comprehensive Income, Statement of Changes in Equity and Cash Flow Statement. A parent legal entity shall submit all forms listed in paragraph 1 hereof and designate them with “consolidated”. A legal entity which became a parent entity in the reporting year shall designate all forms with “newly consolidated”. The forms referred to in paragraph 1 of this Section are enclosed herewith as Schedules 1, 2, 3, 4 and 5, and are integral thereto.
2. The forms referred to in Section 1 of this Decision shall be completed by
   entering data under groups of accounts and accounts prescribed by the Decision on the Chart of Accounts and Content of Accounts in the Chart of Accounts for Banks into appropriate fields in columns for the current and previous year. A bank shall enter data in appropriate fields in the column for the opening balance of the prior year (column 7 of the Balance Sheet) in cases stipulated by IAS 1, i.e. when the bank:
   – retrospectively applies an accounting policy; – retrospectively corrects items in its financial statements; – reclassifies items in its financial statements; – performs retrospective application, retrospective corrections or reclassifications which have a materially significant effect on information in the Balance Sheet form at the start of the previous period. Amounts disclosed in forms referred to in Section 1 hereof shall be expressed in thousands of dinars.

Net amounts shall be entered in the Balance Sheet form (balance in the account minus the appertaining portion from the impairment account).
3. In its approved financial statement, a bank which underwent a status
change or had bankruptcy or liquidation proceedings instituted against it shall disclose consolidated data for the entire reporting period, as a net amount, after the balancing of results before and after the change, and shall designate all such statement forms with “STATUS CHANGE”, “BANKRUPTCY” or “LIQUIDATION”. A bank incorporated following a status change or sale in bankruptcy shall present data as a newly incorporated bank and shall designate all statement forms with either “NEW INCORPORATION” or “SALE”. A bank to which another bank is merged by acquisition shall prepare its financial statements with the balance as at the agreed date of merger, or with the balance as at the date of registration of the merger in the business register if the two dates differ. Financial statements from paragraph 3 hereof, along with the external audit report shall be submitted by the bank to the NBS within 90 days from the date of registration of the merger from that paragraph in the business register. A bank to which another bank is merged by acquisition shall include and disclose all the effects of the acquisition and liabilities taken over from the other bank, including income from beneficial purchase, in the income statement for the period from the beginning of the year until the agreed merger date, or date of registration of the merger in the business register if the two dates differ, regardless of when it gained ownership in that bank. A bank that is established through a merger shall prepare its initial balance sheet as of the agreed merger date, and/or as of the date the merger is registered in the business register, if these two dates differ. The initial balance sheet referred to in paragraph 6 of this Section, along with an opinion from an external auditor on the accuracy and objectivity of that balance sheet, shall be submitted by the bank to the NBS within 90 days from the date the bank is registered in the business register.1 1 Paragraphs 4, 6 and 7 of Section 3 hereof shall enter into force on 1 October 2025.

II CONTENT OF ITEMS IN THE BALANCE SHEET FORM
4. A bank shall enter data in columns 5, 6 and 7 of the Balance Sheet form,
according to the prescribed content for each item of the form.
5. Item Cash and assets held with the central bank under ADP code 0001
shall disclose cash in dinars and in foreign currency, and/or cash in gyro and current accounts, vault cash and other pecuniary assets in dinars and foreign currency, gold and other precious metals, excess liquidity deposited with the National Bank of Serbia and required reserve allocations in foreign currency in special accounts with the National Bank of Serbia (groups 00 excluding 002, 05 excluding 050, 052 and part of 059, 07, accounts 010, 025, 060, 085, 196 and 296 and parts of accounts 009, 019, 029, 069, 089, 199 and 299).
6. Item Pledged financial assets under ADP code 0002 shall disclose all
pledged financial assets that can be repledged or sold, which are entered as such in off-balance sheet records (Account 919). Pledged financial assets shall be disclosed in the balance sheet as a separate asset item, with a concurrent reduction in corresponding items of financial assets in Assets (classes 0, 1 and
2) by the value of the financial asset provided as a collateral against bank’s
liabilities.
7. Item Receivables arising from derivatives under ADP code 0003, shall
disclose receivables arising from derivatives excluding hedging derivatives, in dinars and foreign currency, including all effects of changes in value of these derivatives recorded under income and expenses arising from the said change in the value of the derivatives (accounts 125 and 225).
8. Item Securities under ADP code 0004 shall disclose securities measured
at fair value through income statement in dinars and foreign currency, securities in dinars and foreign currency measured at fair value through other comprehensive income, securities in dinars and foreign currency measured at amortised cost (accounts 120, 122, 124, 220, 222, 224, 129 and 229).
9. Item Loans and receivables from banks and other financial organisations
under ADP code 0005 shall disclose loans and other receivables from banks in dinars and foreign currency, presented as such in the form prescribed by the decision governing the collection, processing and submission of data on the balance and structure of accounts in the Chart of Accounts (hereinafter: SSKR Form) – Sectoral breakdown – code 1 (excluding code 17), code 70 and parts of codes 71 and 74, as well as cash in the bank’s foreign currency accounts. This Item shall also disclose all receivables arising from interests, fees and commissions, including prepayments and accrued income pertaining to accrued receivables arising from the said grounds related to loans and

receivables from banks disclosed as such in the SSKR Form – Sectoral breakdown – code 1 (excluding code 17), code 70 and parts of codes 71 and 74 (002, group 01 excluding 010, and part of 019, group 06 excluding 060, and
part of 069, groups 10, 11, 16, 20, 21 and 26, receivables arising from interest,
fees and commissions in accounts 020, 028, 080 and 088, 190, 191, 290 and 291, 493 and 593 as a deductible, accounts 050 and 052 and parts of accounts 009, 029, 059, 089, 199 and 299).
10. Item Loans and receivables from clients under ADP code 0006 shall
disclose loans and other receivables from other clients in dinars and foreign currency that are disclosed as such in SSKR Form (Sectoral breakdown – code 17 and all other codes, excluding code 70 and parts of codes 71 and 74). This item shall also disclose all receivables arising from interests, fees and commissions, including prepayments and accrued income pertaining to accrued receivables arising from interests, fees and commissions, related to loans and receivables from clients disclosed as such in the SSKR Form – Sectoral breakdown – code 17 and all other codes excluding code 70 and parts of codes 71 and 74 (group 01 excluding 010, and part of 019, group 06 excluding 060, and part of 069, groups 10, 11, 16, 20, 21 and 26, receivables arising from interest, fees and commissions in accounts 020, 028, 080 and 088, 190, 191, 290 and 291, 493 and 593 as a deductible and parts of accounts 029, 089, 199, 299).
11. Item Change in fair value of hedged items under ADP code 0007 shall
disclose changes in fair value of loans, deposits and other hedged items on the grounds of macro hedging in dinars and foreign currency, including all effects of change in fair value recorded under income and expenses (accounts 123 and 223).
12. Item Receivables arising from hedging derivatives under ADP code 0008
shall disclose receivables in dinars and foreign currency arising from the said derivatives which may relate to hedging and groups of financial instruments and individual financial instruments (accounts 126 and 226).
13. Item Investments in associated companies and joint ventures under ADP
code 0009 shall disclose the said investments in dinars and foreign currency (accounts 130, 131, 230 and 231, as well as part of accounts 139 and 239).
14. Item Investments into subsidiaries under ADP code 0010 shall disclose
equity stakes of subsidiaries in dinars and foreign currency (accounts 132 and 232 and part of accounts 139 and 239).
15. Item Intangible assets under ADP code 0011 shall disclose investments
into an identifiable non-monetary asset without physical substance used for

service provision, rental to others or for administrative purposes (group of accounts 33).
16. Item Property, plant and equipment under ADP code 0012 shall disclose
land, constructed facilities, equipment, other fixed assets, fixed assets under preparation, leased fixed assets and investment in other owner’s fixed assets (group of accounts 34).
17. Item Investment property under ADP code 0013 shall disclose property
(land or building, or part of building or both) which the owner (or the user of the leased fixed assets) holds for the purpose of income generation from property rental or for increasing the value of capital or both, but does not use it for his own purposes or sale within regular operations (group of accounts 35).
18. Item Current tax assets under ADP code 0014 shall disclose current tax
assets on account of overpaid profit tax from the current and previous periods (account 034 and part of 039).
19. Item Deferred tax assets under ADP code 0015 shall disclose deferred tax
assets carried forward from the previous year and tax assets created during the year (group of accounts 37).
20. Item Non-current assets held for sale and discontinued operations under
ADP code 0016 shall disclose non-current assets held for sale and discontinued operations (group of accounts 36).
21. Item Оther assets under ADP code 0017 shall disclose other receivables
and prepayments and accrued income in dinars and foreign currency, inventories and value added tax (group of accounts 03, excluding account 034, group of accounts 09, accounts 021, 022, 024, 027, 081, 082, 084, 087, 134, 192, 194, 195, 234, 292, 294 and 295, groups of accounts 30 and 38, and parts of accounts 029, 039, 089, 139, 199, 239 and 299).
22. Item Total assets under ADP code 0018 shall disclose total assets of a
bank.
23. Item Receivables arising from derivatives under ADP code 0401, shall
disclose receivables arising from derivatives excluding hedging derivatives, in dinars and foreign currency, including all effects of changes in value of these derivatives recorded under income and expenses (accounts 411 and 511).
24. Item Deposits and other financial liabilities to banks, other financial
organisations and the central bank under ADP code 0402 shall disclose liabilities to banks arising from deposits, loans and other liabilities in dinars and

foreign currency that are disclosed as such in SSKR Form – Sectoral breakdown – code 1 (excluding code 17) and code 70 and parts of codes 71 and 74 (groups of accounts 40 and 50). This item shall also disclose all liabilities arising from interests, fees and commissions, including accrued expenses and deferred income pertaining to deferred liabilities on the said grounds related to liabilities to banks, which were disclosed as such in SSKR Form – Sectoral breakdown – codes 1 (excluding code 17) and 70 and parts of codes 71 and 74 (accounts 420, 421, 520, 521, 490 and 590, part of accounts 193 and 293 as deductibles).
25. Item Deposits and other financial liabilities to other clients under ADP code
0403 shall disclose liabilities to clients arising from deposits, loans and other liabilities in dinars and foreign currency that are disclosed as such in SSKR Form – Sectoral breakdown – code 17 and all other codes, excluding code 70 and parts of codes 71 and 74 (groups of accounts 40 and 50). This item shall also disclose all liabilities arising from interests, fees and commissions, including accrued expenses and deferred income pertaining to deferred liabilities on the said grounds related to liabilities to clients, which were disclosed as such in SSKR Form – Sectoral breakdown – code 17 and all other codes, excluding code 70 and parts of codes 71 and 74 (accounts 420, 421, 520, 521, 490 and 590, part of accounts 193 and 293 as deductibles).
26. Item Liabilities arising from hedging derivatives under ADP code 0404 shall
disclose liabilities in dinars and foreign currency arising from the said derivatives which may relate to risk hedging and a group of financial instruments and individual financial instruments (accounts 417 and 517).
27. Item Change in fair value of hedged items under code ADP 0405 shall
disclose changes in fair value of liabilities arising from loans, deposits and other hedged items on the basis of macro hedging in dinars and foreign currency, including all effects of change in fair value recorded under income and expenses (accounts 418, 518).
28. Item Liabilities arising from securities under ADP code 0406 shall disclose
liabilities arising from securities issued by the bank (bonds, treasury bills, certificates etc.), liabilities arising from hybrid securities, liabilities arising from securities, and other financial liabilities measured at fair value through income statement, except for derivatives and repurchased own securities prior to their maturity date, except for own shares, in dinars and foreign currency. This item shall also disclose all liabilities arising from interests, fees and commissions, including accrued expenses and deferred income pertaining to deferred liabilities on the said grounds related to issued securities (accounts 410, 412, 415, 423, 496, 510, 512, 515, 523 and 596, and accounts 127 and 227 as deductibles).

29. Item Subordinated liabilities under ADP code 0407 shall disclose
    subordinated liabilities in dinars and foreign currency, and/or acquired deposits, loans and long-term securities that, in the event of liquidation or bankruptcy of a bank, are repaid only after full settlement of liabilities to other creditors. This item shall also disclose all liabilities arising from interests, fees and commissions, including accrued expenses and deferred income pertaining to deferred liabilities on the said grounds related to subordinated liabilities (accounts 424, 425, 482, 497, 524, 525, 582 and 597, and parts of accounts 193 and 293 as deductibles).

30. Item Provisions under ADP code 0408 shall disclose provisions made in
    accordance with IAS 37, provisions related to employees earnings in accordance with IAS 19, provisions for losses on off-balance sheet assets and other provisions (accounts 450, 451, 452, 453 and 454).

31. Item Liabilities under assets held for sale and discontinued operations
    under ADP code 0409 shall disclose liabilities under current assets held for sale and discontinued operations (group of accounts 46).

32. Item Current tax liabilities under ADP code 0410 shall disclose profit tax
    liabilities (account 455).

33. Item Deferred tax liabilities under ADP code 0411 shall disclose deferred
    tax liabilities carried forward from the previous year and tax liabilities incurred during the year (group of accounts 47).

34. Item Other liabilities under ADP code 0412 shall disclose other liabilities in
    dinars and foreign currency, liabilities under salaries and salary compensations, liabilities for value added tax and other taxes and contributions. This item shall also disclose all liabilities under interests, fees and commissions related to other liabilities (group of accounts 43, 44 and 53, accounts 426, 427, 526, 527, 456, 457, 491, 492, 494, 495, 591, 592, 594 and 595).

35. Item Total liabilities under ADP code 0413 shall disclose total bank
    liabilities.

36. Item Share capital under ADP code 0414 shall disclose bank’s share
    capital, premium on issue of shares and unpaid subscribed share capital, as well as other non-current sources of funding (group of accounts 80).

37. Item Own shares under ADP code 0415 shall disclose the amount of
    acquired own shares (account 128).

38. Item Profit under ADP code 0416 shall disclose retained earnings in the
    current year and profit in previous years (group of accounts 83).

39. Item Loss under ADP code 0417 shall disclose loss in the current year, loss
    in previous years and loss in excess of capital (group of accounts 84).

40. Item Reserves under ADP code 0418 shall disclose reserves from profit
    and other reserves formed, including revaluation reserves (groups of accounts 81 and 82 when they sum up to credit balance).

41. Item Unrealised losses under ADP code 0419 shall disclose unrealised
    losses under components of other comprehensive income (groups of accounts 81 and 82 when they sum up to the debit balance).

42. Item Non-controlling participation under ADP code 0420 shall disclose
    capital in a subsidiary legal person which cannot be ascribed to a parent legal person – either directly or indirectly.

43. Item Total capital under ADP code 0421 shall disclose total capital of a
    bank.

44. Item Total capital shortfall under ADP code 0422 shall disclose negative
    capital of a bank.

45. Item Total liabilities under ADP code 0423 shall disclose total liabilities of a
    bank.
    III CONTENT OF ITEMS IN THE INCOME STATEMENT FORM

46. A bank shall enter data in columns 5 and 6 of the Income Statement form,
    in accordance with the content of groups of accounts and accounts specified in column 1 of the form.

47. Item Interest income under ADP code 1001 shall disclose calculated
    income from regular interest and interest on arrears in the current accounting period, irrespective of the payment due date, including also income from collected calculated interest by type of placement for which the interest income is calculated (group of accounts 70).

48. Item Interest expenses under ADP code 1002 shall disclose calculated
    expenses under regular interest and interest on arrears in the current

accounting period, irrespective of the payment due date (group of accounts 60).
49. Item Net interest income under ADP code 1003 shall disclose the difference
between items under ADP codes 1001 and 1002.
50. Item Net interest expenses under ADP code 1004 shall disclose the
difference between items under ADP codes 1002 and 1001.
51. Item Income from fees and commissions under ADP code 1005 shall
disclose income from fees and commissions calculated in the current accounting period, irrespective of the time of collection (group of accounts 71).
52. Item Expenses on fees and commissions under ADP code 1006 shall
disclose calculated expenses on fees and commissions in the current accounting period, irrespective of the time of payment (group of accounts 61).
53. Item Net income from fees and commissions under ADP code 1007 shall
disclose the difference between items under ADP codes 1005 and 1006.
54. Item Net expenses on fees and commissions under ADP code 1008 shall
disclose the difference between items under ADP codes 1006 and 1005.
55. Item Net gains from the change in fair value of financial instruments under
ADP code 1009 shall disclose the net positive effect arising from the effect of change in value of derivatives, excluding derivatives held for hedging (accounts 774 and 674), change in the value of financial assets measured at fair value through income statement (accounts 776 and 676) and change in value of financial liabilities measured at fair value through income statement (accounts 777 and 677).
56. Item Net Losses from the change in fair value of financial instruments under
ADP code 1010 shall disclose the net negative effect arising from the effect of change in value of derivatives, excluding derivatives held for hedging (accounts 674 and 774), change in the value of financial assets measured at fair value through income statement (accounts 676 and 776) and change in value of financial liabilities measured at fair value through income statement (accounts 677 and 777).
57. Item Net gains from the reclassification of financial instruments under ADP
code 1011 shall disclose the net positive effect arising from reclassification of financial instruments measured at fair value through other comprehensive income on measurement at fair value through income statement (accounts 728 and 628), arising from reclassification of financial instruments measured at

amortised cost on measurement at fair value through income statement (accounts 727 and 627).
58. Item Net losses from the reclassification of financial instruments under ADP
code 1012 shall disclose the net negative effect arising from reclassification of financial instruments measured at fair value through other comprehensive income on measurement at fair value through income statement (accounts 628 and 728), and arising from reclassification of financial instruments measured at amortised cost on measurement at fair value through income statement (accounts 627 and 727).
59. Item Net gains from the derecognition of financial instruments measured at
fair value under ADP code 1013 shall disclose the net positive effect arising from derecognition of financial instruments measured at fair value through income statement (accounts 720 and 620, as well as 721 and 621).
60. Item Net losses from the derecognition of financial instruments measured
at fair value under ADP code 1014 shall disclose the net negative effect arising from derecognition of financial instruments measured at fair value through income statement (accounts 620 and 720, as well as 621 and 721).
61. Item Net gains on hedging under ADP code 1015 shall disclose the positive
effect of the change in value of hedging derivatives (accounts 775 and 675) and change in value of hedged items (accounts 770 and 670).
62. Item Net losses on hedging under ADP code 1016 shall disclose the
negative effect of the change in value of hedging derivatives (accounts 675 and
775) and change in value of hedged items (accounts 670 and 770).
63. Item Net exchange rate gains and gains from agreed currency clause under
ADP code 1017 shall disclose the positive effect of exchange rate gains and losses (groups of accounts 78 and 68).
64. Item Net exchange rate losses and losses on agreed currency clause under
ADP code 1018 shall disclose the negative effect of exchange rate gains and losses (groups of accounts 68 and 78).
65. Item Net income from the decrease in impairment of financial assets not
measured at fair value through income statement under ADP code 1019 shall disclose the net positive effect arising from indirect reversal of write-offs of financial assets measured at amortised cost (accounts 750 and 650), from cancelling of provisions for off-balance sheet items (accounts 751 and 651), from reversal of write-down of financial assets measured at fair value through other comprehensive income based on the change in credit risk (accounts 756

and 656), from collected written-off receivables (accounts 760 and 660) and from modification of financial instruments (accounts 729 and 629).
66. Item Net expense from impairment of financial assets not measured at fair
value through income statement under ADP code 1020 shall disclose the net negative effect arising from value adjustment of financial assets measured at amortised cost (accounts 650 and 750), from provisions for off-balance sheet items (accounts 651 and 751), from value adjustments and write-down of financial assets measured at fair value through other comprehensive income based on the change in credit risk (accounts 656 and 756), and from direct write-offs of loans, investments and other receivables (accounts 660 and 760) and from modification of financial instruments (accounts 629 and 729).
67. Item Net gains from the derecognition of financial instruments measured at
amortised cost under ADP code 1021 shall disclose the positive effect arising from derecognition of financial instruments measured at amortised cost (accounts 726 and 626).
68. Item Net losses from the derecognition of financial instruments measured
at amortised cost under ADP code 1022 shall disclose the negative effect arising from derecognition of financial instruments measured at amortised cost (accounts 626 and 726).
69. Item Net gains from derecognition of investments in associated companies
and joint ventures under ADP code 1023 shall disclose the positive effect of sale of equity stake (participation) (accounts 723 and 623).
70. Item Net losses on derecognition of investments in associated companies
and joint ventures under ADP code 1024 shall disclose negative effect of sale of equity stake (participation) (accounts 623 and 723).
71. Item Other operating income under ADP code 1025 shall disclose gains
from other operating income (group of accounts 74), income from dividends and other income from participation (account 766).
72. Item Total net operating income under ADP code 1026 shall disclose the
positive effect of items under ADP codes (1003 - 1004 + 1007 - 1008 + 1009 - 1010 + 1011 - 1012 + 1013 - 1014 + 1015 - 1016 + 1017 - 1018 + 1019 - 1020

• 1021 - 1022 + 1023 - 1024 + 1025).

73. Item Total net operating expenses under ADP code 1027 shall disclose the
    negative effect of items under ADP codes (1003 - 1004 + 1007 - 1008 + 1009

• 1010 + 1011 - 1012 + 1013 - 1014 + 1015 - 1016 + 1017 - 1018 + 1019 - 1020

• 1021 - 1022 + 1023 - 1024 + 1025).

74. Item Salaries, salary compensations and other personal expenses under
    ADP code 1028 shall disclose expenses of calculated net salaries and salary compensations, taxes and contributions on salaries and salary compensations and remuneration for temporary and occasional work, irrespective of the time of payment (group of accounts 63), as well as an increase/decrease of amount of provisions for pensions and other provisions (accounts 655 and 755).

75. Item Depreciation expenses under ADP code 1029 shall disclose expenses
    of depreciation of intangible assets, fixed assets, and investment property (account 642).

76. Item Оther income under ADP code 1030 shall disclose decrease in the
    amount of provisions for coverage of liabilities arising from past events and other provisions (accounts 752 and 753), income from a reduction in liabilities under the law, out-of-court settlement, etc. (account 762), documented gains from surpluses as determined by the official commission or in other ways (account 767), income from collected penalties and indemnities, income from the correction of materially insignificant errors in previous periods and other income (account 768), positive effects of change in value of fixed assets, investment property and intangible assets (account 773), and positive effect of sale of fixed assets and intangible assets (account 761.)

77. Item Оther expenses under ADP code 1031 shall disclose operating
    expenses excluding amortisation costs (group of accounts 64 excluding 642) increase in the amount of provisions for coverage of liabilities arising from past events and other provisions (accounts 652 and 653), unwritten-off value and additional costs of disposal of fixed assets and intangible assets (account 662), documented losses from shortages and damages as determined by the official commission or in other ways (account 667), write-off of obsolete inventory, fines, penalties and indemnities, expenses from the correction of materially insignificant errors in previous periods and other expenses (account 668) and negative effects of change in value of fixed assets, investment property and intangible assets (account 673), and the negative effect of sale of fixed assets and intangible assets (account 661).

78. Item Profit before tax under ADP code 1032 shall disclose the positive
    effect of items under ADP codes (1026 - 1027 - 1028 - 1029 + 1030 - 1031).

79. Item Loss before tax under ADP code 1033 shall disclose the negative
    effect of items under ADP codes (1026 - 1027 - 1028 - 1029 + 1030 - 1031).

80. Item Profit tax under ADP code 1034 shall disclose profit tax for the period
    (account 850).

81. Item Gains from deferred taxes under ADP code 1035 shall disclose profit
    from creation of deferred tax assets and reduction in deferred tax liabilities (account 861).

82. Item Losses on deferred taxes under ADP code 1036 shall disclose losses
    from reduction in deferred tax assets and creation of deferred tax liabilities (account 860).

83. Item Profit after tax under ADP code 1037 shall disclose the positive effect
    of items under ADP codes (1032 - 1033 - 1034 + 1035 - 1036).

84. Item Loss after tax under ADP code 1038 shall disclose the negative effect
    of items under ADP codes (1032 - 1033 - 1034 + 1035 - 1036).

85. Item Net profit from discontinued operations under ADP code 1039 shall
    disclose the positive effect from discontinued operations (accounts 769 and 669).

86. Item Net losses on discontinued operations under ADP code 1040 shall
    disclose the negative effect from discontinued operations (accounts 669 and 769).

87. Item Profit for the period under ADP code 1041 shall disclose the positive
    effect of items under ADP codes (1037 - 1038 + 1039 - 1040).

88. Item Losses for the period under ADP code 1042 shall disclose the negative
    effect of items under ADP codes (1037 - 1038 + 1039 - 1040).

89. Item Profit belonging to a parent entity under ADP code 1043 shall disclose
    profit for the period belonging to a parent entity.

90. Item Profit belonging to non-controlling owners under ADP code 1044 shall
    disclose profit for the period belonging to non-controlling owners.

91. Item Losses belonging to a parent entity under ADP code 1045 shall
    disclose losses for the period belonging to a parent entity.

92. Item Losses belonging to non-controlling owners under ADP code 1046
    shall disclose losses for the period belonging to non-controlling owners.

93. Items under ADP codes 1047 and 1048 shall disclose data on basic and
    diluted earnings per share, calculated in dinars, without paras.

94. End-of-reporting period data shall be entered in column 5 (Current year),
    while data on the corresponding period of previous year shall be entered in column 6 (Previous year).

95. If previous year data have been adjusted to comply with regulations, such
    adjusted data shall be entered in column 6.
    IV CONTENT OF ITEMS IN THE
    STATEMENT OF OTHER COMPREHENSIVE INCOME FORM

96. In columns 5 and 6 of the Statement of Other Comprehensive Income form,
    a bank shall enter appropriate data on changes pertaining to the reporting period, by content of groups of accounts and accounts specified in column 1 of the form. Data referred to in paragraph 1 of this Section in items under ADP codes 2003 to 2026 shall be entered without effects of calculated tax.

97. Item Profit for the period under ADP code 2001 shall disclose the amount
    of profit for the period shown in the Income Statement form (ADP code 1041), while item Losses for the period under ADP code 2002 shall disclose the amount of losses for the period shown in that form (ADP code 1042).

98. Items under ADP codes from 2003 to 2014 shall be disclosed in the part of
    the Statement of Other Comprehensive Income which pertains to components of other comprehensive income which cannot be reclassified to profit or loss.

99. Item Increase in revaluation reserves arising from intangible assets and
    fixed assets under ADP code 2003 shall disclose increase in revaluation reserves arising from intangible assets and fixed assets (account 820).

100. Item Decrease in revaluation reserves arising from intangible
     investments and fixed assets under ADP code 2004 shall disclose decrease in revaluation reserves arising from intangible investments and fixed assets (account 820).

101. Item Actuarial gains under ADP code 2005 shall disclose actuarial gains
     under defined benefits plans, while Actuarial losses under ADP code 2006 shall disclose actuarial losses under those plans (account 822).

102. Item Positive effects of change in value of equity instruments measured
     at fair value through other comprehensive income under ADP code 2007 shall disclose positive effects of change in value of equity instruments measured at fair value through other comprehensive income in accordance with IFRS 9.

Item Negative effects of change in the value of equity instruments measured at fair value through other comprehensive income under ADP code 2008 shall disclose the negative effect of these changes (account 821).
103. Item unrealised gains in respect of equity securities hedging
instruments measured at fair value through other comprehensive income under ADP code 2009 shall disclose unrealised gains in respect of equity securities hedging instruments measured at fair value through other comprehensive income in accordance with IFRS 9. Item unrealised losses in respect of equity securities hedging instruments measured at fair value through other comprehensive income under ADP code 2010 shall disclose unrealised losses in this respect (account 825).
104. Item Unrealised gains in respect of financial liabilities of the bank,
measured at fair value through income statement which are a result of change in bank creditworthiness under ADP code 2011 shall disclose unrealised gains in respect of financial liabilities of the bank, measured at fair value through income statement which are a result of change in bank creditworthiness. Item Unrealised losses in respect of financial liabilities of the bank, measured at fair value through income statement which are a result of change in bank creditworthiness under ADP code 2012 shall disclose unrealised losses in this respect (account 825).
105. Item Positive effects of change in value based on other components of
other comprehensive income which cannot be reclassified to profit or loss under ADP code 2013 shall disclose other unrealised gains that shall be disclosed within other comprehensive income in accordance with IAS and IFRS requirements which cannot be reclassified to profit or loss. Item Negative effects of change in value based on other components of other comprehensive income which cannot be reclassified to profit or loss under ADP code 2014 shall disclose other unrealised losses that shall be disclosed within other comprehensive income in accordance with IAS and IFRS requirements which cannot be reclassified to profit or loss (account 825).
106. Items under ADP codes from 2015 to 2026 shall be disclosed in the part
of the Statement of Other Comprehensive Income which pertains to components of other comprehensive income which can be reclassified to profit or loss.
107. Item Positive effects of change in value of debt instruments measured
at fair value through other comprehensive income under ADP code 2015 shall disclose positive effects of change in value of debt instruments measured at fair value through other comprehensive income in accordance with IFRS 9. Item Negative effects of change in value of debt instruments measured at fair

value through other comprehensive income under ADP code 2016 shall disclose the negative effect of these changes (account 823).
108. Item Gains from cash flow hedging instruments under ADP code 2017
shall disclose gains from cash flow hedging instruments in accordance with IFRS 9. Item Losses from cash flow hedging instruments under ADP code 2018 shall disclose losses incurred on these grounds (account 824).
109. Item Unrealised gains in respect of calculation of transactions and
balance in foreign currency and translation of results and financial position of operations abroad under ADP code 2019 shall disclose the above unrealised gains in accordance with IAS 21. Item Unrealised losses in respect of calculation of transactions and balance in foreign currency and translation of results and financial position of operations abroad under ADP code 2020 shall disclose the above unrealised losses in accordance with IAS 21 (account 826).
110. Item Unrealised gains in respect of instruments intended for hedging of
net investments in foreign operations, under ADP code 2021 shall disclose the above unrealised gains. Item Unrealised losses in respect of instruments intended for hedging of net investments in foreign operations, under ADP code 2022 shall disclose the above unrealised losses (account 826).
111. Item Unrealised gains in respect of other hedging instruments under
ADP code 2023 shall disclose unrealised gains in respect of hedging instruments which cover a part of change in fair value of time value of options, forward elements of forward contracts or foreign currency basis spread of financial instruments. Item Unrealised losses in respect of other hedging instruments under ADP code 2024 shall disclose the above unrealised losses (account 826).
112. Item Positive effects of change in value based on other components of
other comprehensive income which can be reclassified to profit or loss under ADP code 2025 shall disclose other unrealised gains that shall be disclosed within other comprehensive income in accordance with IAS and IFRS requirements which can be reclassified to profit or loss. Item Negative effects of change in value based on other components of other comprehensive income which can be reclassified to profit or loss under ADP code 2026 shall disclose other unrealised losses that shall be disclosed within other comprehensive income in accordance with IAS and IFRS requirements which can be reclassified to profit or loss (account 826).
113. Item Tax gains pertaining to other comprehensive income of the period
under ADP code 2027 shall disclose positive effects of tax recorded in three￾digit accounts of group 82, calculated by applying the mandated profit tax rate

on all components of other comprehensive income of the period disclosed in items under ADP codes 2003 to 2026, while Tax losses pertaining to other comprehensive income of the period under ADP code 2028 shall disclose negative effects of tax recorded in three-digit accounts of group 82, calculated on those grounds.
114. Item Total positive other comprehensive income for the period under
code ADP 2029 shall disclose total other comprehensive income for the period, if positive (АDP 2003 - АDP 2004 + АDP 2005 - АDP 2006 + АDP 2007 - АDP 2008 + АDP 2009 - АDP 2010 + АDP 2011 - АDP 2012 + АDP 2013 - АDP 2014 + АDP 2015 - АDP 2016 + АDP 2017 - ADP 2018 + ADP 2019 - ADP 2020 + АDP 2021 - ADP 2022 + ADP 2023 - АDP 2024 + ADP 2025 - АDP 2026 + ADP 2027 - АDP 2028 ≥ 0), while item Total negative other comprehensive income for the period under code ADP 2030 shall disclose total other comprehensive income for the period, if negative (АDP 2003 - АDP 2004

• АDP 2005 - АDP 2006 + АDP 2007 - АDP 2008 + АDP 2009 - АDP 2010 +
  АDP 2011 - АDP 2012 + АDP 2013 - АDP 2014 + АDP 2015 - АDP 2016 + АDP 2017 - АDP 2018 + АDP 2019 - АDP 2020 + АDP 2021 - АDP 2022 + АDP 2023 - АDP 2024 + АDP 2025 - АDP 2026 + АDP 2027 - АDP 2028 < 0).

115. Item Total positive comprehensive income for the period under ADP
     code 2031 shall disclose total comprehensive income for the period if positive (АDP 2001 - АDP 2002 + АDP 2029 - АDP 2030 ≥ 0), while item Total negative comprehensive income for the period under code ADP 2032 shall disclose total comprehensive income for the period if negative (АDP 2001 - АDP 2002 + АDP 2029 - АDP 2030 < 0).

116. Item Total positive comprehensive income for the period belonging to a
     parent entity under code ADP 2033 shall disclose total positive comprehensive income for the period belonging to a parent entity, while item Total positive comprehensive income for the period belonging to non-controlling owners under code ADP 2034 shall disclose total positive comprehensive income for the period belonging to non-controlling owners.

117. Item Total negative comprehensive income for the period belonging to
     a parent entity under ADP code 2035 shall disclose total negative comprehensive income for the period belonging to a parent entity, while item Total negative comprehensive income for the period belonging to non￾controlling owners under ADP code 2036 shall disclose total negative comprehensive income for the period belonging to non-controlling owners. V CONTENT OF ITEMS IN THE STATEMENT OF CHANGES IN EQUITY FORM

118. A bank shall enter data on balance and changes in equity in columns 2
     to 12 of the Statement of Changes in Equity form.

119. Data from Section 118 hereof shall be entered in columns 6 and 7 as
     opening balance (Nos 1 and 23) depending on balance in accounts of group

120. When the adjusted opening balance of reserves is disclosed in column 6
     (Nos 6 and 28) and the bank realised total negative other comprehensive income for the period in excess of that amount of reserves (Nos 8 and 30), such result shall be disclosed in column 6 only up to the amount of disclosed adjusted opening balance (ADP 4136 and ADP 4145), while the rest shall be disclosed in the appropriate item in column 7 (ADP 4154 and ADP 4163). When the adjusted opening balance of reserves is disclosed in column 7 (Nos 6 and

28. and the bank realized total positive other comprehensive income for the
    period in excess of that amount of reserves (Nos 7 and 29), such result shall be disclosed in column 7 only up to the amount of disclosed adjusted opening balance (ADP 4153 and ADP 4162), while the rest shall be disclosed in the appropriate item in column 6 (ADP 4135 and ADP 4144).

120. Under ADP codes 4001 to 4296 the bank shall enter data from
     appropriate groups of accounts and accounts specified in columns 2 to 12, based on the description of items given in column 1, Nos 1 to 44. VI CONTENT OF ITEMS IN THE STATEMENT OF CASH FLOWS FORM

121. When completing the Cash Flow Statement form, data relating to the
     corresponding accounting period of the previous year shall be entered in column 4, while data for the current year shall be entered in column 3. 1 Cash flow from operating activities

122. Item Cash inflow from operating activities under ADP code 3001 shall
     disclose total inflow of cash in items under ADP codes 3002 to 3005.

123. Item Interest under ADP code 3002 shall disclose cash inflow arising
     from the collection of lending interest.

124. Item Fees under ADP code 3003 shall disclose inflow arising from the
     collection of all fees and commissions in regular bank’s operations.

125. Item Other operating income under ADP code 3004 shall disclose cash
     inflow from the sale of products and services (except fees and commissions), rentals and other cash inflow from regular operations.

126. Item Dividends and profit sharing under ADP code 3005 shall disclose
     earnings from investment in the form of dividends and profit sharing.

127. Item Cash outflow from operating activities under ADP code 3006 shall
     disclose total outflow of cash in items under ADP codes 3007 to 3011.

128. Item Interest under ADP code 3007 shall disclose cash outflow arising
     from payment of interests on deposits.

129. Item Fees under ADP code 3008 shall disclose the amount of fees and
     commissions paid out in regular bank’s operations.

130. Item Gross salaries, salary compensations and other personal
     expenses under ADP code 3009 shall disclose the amounts of gross salaries, salary compensations, remuneration for temporary and occasional work, and other personal expenses in the accounting period.

131. Item Taxes, contributions and other duties charged to expenses under
     ADP code 3010 shall disclose the amounts of taxes, contributions and other duties paid out during the accounting period.

132. Item Other operating expenses under ADP code 3011 shall disclose
     outflow arising from procurement of material, payment for services rendered and other non-material costs and payments under other operating expenses.

133. Item Net cash inflow from operating activities before an increase or
     decrease in financial assets and financial liabilities under ADP code 3012 shall disclose the difference between item Cash inflow from operating activities under ADP code 3001 and item Cash outflow from operating activities under ADP code 3006.

134. Item Net cash outflow for operating activities before an increase or
     decrease in financial assets and financial liabilities under ADP code 3013 shall disclose the difference between item Cash outflow for operating activities under ADP code 3006 and item Cash inflow from operating activities under ADP code 3001.

135. Item Decrease in financial assets and increase in financial liabilities
     under ADP code 3014 shall disclose the data about total inflow of cash in items under ADP codes 3015 to 3020.

136. Items under ADP codes 3015, 3016 and 3017 shall disclose net
     decrease in receivables on grounds specified in the names of those items. Net decrease in receivables shall represent the negative difference between total amount of new receivables and total amount of receivables collected in the accounting period.

137. Items under ADP codes 3018, 3019 and 3020 shall disclose net
     increase in financial liabilities on grounds specified in the names of those items. Net increase in financial liabilities shall represent a positive difference between the total amount of new financial liabilities and total amount of financial liabilities paid out in the accounting period.

138. Item Increase in financial assets and decrease in financial liabilities
     under ADP code 3021 shall disclose data about total outflow of cash in items under ADP codes 3022 to 3027.

139. Items under ADP codes 3022, 3023 and 3024 shall disclose net
     increase in receivables on grounds specified in the names of those items. Net increase in receivables shall represent a positive difference between the total amount of new receivables and total amount of receivables collected in the accounting period.

140. Items under ADP codes 3025, 3026 and 3027 shall disclose net
     decrease in financial liabilities on grounds specified in the names of those items. Net decrease in financial liabilities shall represent a negative difference between the total amount of new financial liabilities and total amount of financial liabilities paid out in the accounting period.

141. Item Net cash inflow from operating activities before profit tax under
     ADP code 3028 shall disclose the sum of differences between amounts disclosed in items under ADP codes 3012 and 3013 and items under ADP codes 3014 and 3021.

142. Item Net cash outflow from operating activities before profit tax under
     ADP code 3029 shall disclose the sum of differences between amounts disclosed in items under ADP codes 3013 and 3012 and items under ADP codes 3021 and 3014.

143. Item Profit tax paid under ADP code 3030 shall disclose the amounts
     of advance payments of profit tax during the accounting period, according to final entries for the previous year, less tax refunds effected during the accounting period.

144. Item Dividends paid under ADP code 3031 shall disclose the amounts
     of advance payments of dividends from profit during the year and amounts of dividends from profit for previous years paid out in the current year.

145. Item Net cash inflow from operating activities under ADP code 3032
     shall disclose the difference between the amount disclosed under ADP code 3028 and the amounts disclosed under ADP codes 3029, 3030 and 3031.

146. Item Net cash outflow for operating activities under ADP code 3033
     shall disclose the sum of amounts disclosed in items under ADP codes 3029, 3030 and 3031 reduced by the amount disclosed in item under ADP code 3028. 2 Cash flow from investing activities

147. Item Cash inflow from investing activities under ADP code 3034 shall
     disclose data about total inflow of cash in items under ADP codes 3035 to 3039.

148. Item Investment in investment securities under ADP code 3035 shall
     disclose the amounts earned from investment in investment securities.

149. Item Sale of investments into subsidiaries and associated companies
     and joint ventures under ADP code 3036 shall disclose the amounts earned through such sale.

150. Item Sale of intangible assets, property, plants and equipment under
     ADP code 3037 shall disclose the amounts earned through sale of individual intangible assets and fixed assets.

151. Item Sale of investment property under ADP code 3038 shall disclose
     the amounts earned through sale of investment property of the bank.

152. Item Other inflow from investing activities under ADP code 3039 shall
     disclose the amounts earned from other investing activities of the bank.

153. Item Cash outflow for investing activities under ADP code 3040 shall
     disclose data on total outflow of cash in items under ADP codes 3041 to 3045.

154. Item Investment into investment securities under ADP code 3041 shall
     disclose payments arising from investment in investment securities.

155. Item Purchase of investments into subsidiaries and associated
     companies and joint ventures under ADP code 3042 shall disclose outflows arising from purchase of the said investments.

156. Item Purchase of intangible assets, property, plant and equipment
     under ADP code 3043 shall disclose the amounts paid out for purchase of individual intangible assets and fixed assets.

157. Item Purchase of investment property under ADP code 3044 shall
     disclose the amounts paid out for purchase of investment property of the bank.

158. Item Other outflow for investing activities under ADP code 3045 shall
     disclose the amounts paid out under other investment activities of the bank.

159. Item Net cash inflow from investing activities under ADP code 3046
     shall disclose the difference between item Cash inflow from investing activities under ADP code 3034 and item Cash outflow for investing activities under ADP code 3040.

160. Item Net cash outflow for investing activities under ADP code 3047 shall
     disclose the difference between item Cash outflow for investing activities under ADP code 3040 and item Cash inflow from investing activities under ADP code 3034. 3 Cash flows from financing activities

161. Item Cash inflow from financing activities under ADP code 3048 shall
     disclose data about total cash inflow in items under ADP codes 3049 to 3054.

162. Item Capital increase under ADP code 3049 shall disclose the amounts
     of cash inflow arising from payment for bank shares.

163. Item Subordinated liabilities under ADP code 3050 shall disclose the
     amount of total inflow under subordinated liabilities during the accounting period.

164. Item Loans taken under ADP code 3051 shall disclose the amount of
     loans taken during the accounting period.

165. Item Issuance of securities under ADP code 3052 shall disclose the
     amount of cash inflow arising from issuance of securities during the accounting period.

166. Item Sale of own shares under ADP code 3053 shall disclose the
     amount of cash inflow arising from sale of own shares during the accounting period.

167. Item Other inflow from financing activities under ADP code 3054 shall
     disclose the amount of cash inflow from other financing activities.

168. Item Cash outflow for financing activities under ADP code 3055 shall
     disclose data about total outflow of cash in items under ADP codes 3056 to 3060.

169. Item Purchase of own shares under ADP code 3056 shall disclose cash
     outflow arising from purchase of own shares during the accounting period.

170. Item Subordinated liabilities under ADP code 3057 shall disclose the
     amount of total repayment of subordinated liabilities during the accounting period.

171. Item Loans taken under ADP code 3058 shall disclose the amount of
     loan repayments during the accounting period.

172. Item Issuance of securities under ADP code 3059 shall disclose the
     amount of purchase of securities issued.

173. Item Other outflow for financing activities under ADP code 3060 shall
     disclose the amount of cash outflow arising from other financing activities.

174. Item Net cash inflow from financing activities under ADP code 3061
     shall disclose the difference between item Cash inflow from financing activities under ADP code 3048 and item Cash outflow for financing activities under ADP code 3055.

175. Item Net cash outflow for financing activities under ADP code 3062 shall
     disclose the difference between item Cash outflow for financing activities under ADP code 3055 and item Cash inflow from financing activities under ADP code 3048. 4 Closing of cash flow statement

176. Item Total cash inflow under ADP code 3063 shall disclose the sum of
     amounts disclosed in items under ADP codes 3001, 3014, 3034 and 3048.

177. Item Total cash outflow under ADP code 3064 shall disclose the sum
     of amounts disclosed in items under ADP codes 3006, 3021, 3030, 3031, 3040 and 3055.

178. Item Net increase in cash under ADP code 3065 shall disclose the
     difference between the amounts disclosed in items under ADP codes 3063 and 3064.

179. Item Net decrease in cash under ADP code 3066 shall disclose the
     difference between the amounts disclosed in items under ADP codes 3064 and 3063.

180. Item Cash and cash equivalents at the beginning of the year under ADP
     code 3067 shall disclose the amount of cash and cash equivalents as at the date of the opening balance of the accounting period.

181. Item Exchange rate gains under ADP code 3068 shall disclose the
     amount of exchange rate gains as at the balance date.

182. Item Exchange rate losses under ADP code 3069 shall disclose the
     amount of exchange rate losses as at the balance date.

183. Item Cash and cash equivalents at end-period under ADP code 3070
     shall disclose the amount of cash and cash equivalents at the end of the accounting period (ADP 3065 – ADP 3066 + ADP 3067 + ADP 3068 – ADP 3069). VII NOTES TO FINANCIAL STATEMENTS

184. Notes to financial statements contain descriptions or breakdown of
     items disclosed in statements referred to in Section 1, paragraph 1 of this Decision, the applied accounting policies, and information about items which did not qualify for recognition in those statements, but are relevant for the assessment of the financial position and success of operation of a legal person, as well as other information in accordance with IFRS requirements.

185. Under notes from Section 184 hereof concerning mismatched
     receivables and liabilities banks shall disclose:

1. number and total amount of mismatched receivables and their ratio to the
   number and total amount of receivables;
2. number and total amount of mismatched liabilities and their ratio to the
   number and total amount of liabilities.
   VIII FINAL PROVISIONS

185. This Decision repeals the Decision on Forms and Content of Items in
     Financial Statement Forms to Be Completed by Banks (RS Official Gazette, Nos 101/2017, 38/2018 and 103/2018). Provisions of this Decision shall apply starting from financial statements compiled on 31 December 2021.
186. This Decision shall come into effect on the eighth day following its
     publication in the RS Official Gazette.
     D. No 19 Governor
     30 June 2020 of the National Bank of Serbia Belgrade Dr Jorgovanka Tabaković