Rules on Forms and Content of Individual Items in Financial Statement Forms to be Completed by Banks and Other Financial Organizations

"RS Official Gazette", No. 8/2007, /correction 18/2007/ Pursuant to Article 26, paragraph 2 of the Auditing and Accounting Law (“RS Official Gazette”, No. 46/2006), the Governor of the National Bank of Serbia hereby issues the following R U L E S ON FORMS AND CONTENT OF INDIVIDUAL ITEMS IN FINANCIAL STATEMENT FORMS TO BE COMPLETED BY BANKS AND OTHER FINANCIAL ORGANIZATIONS
I. BASIC PROVISIONS
Article 1
These rules prescribe financial statement forms to be filled in by banks and other financial organizations (hereinafter: banks) as well as elements of items in the following statement forms: Balance Sheet, Income Statement, Cash Flow Statement, Statement of Changes in Equity and Statistical Annex. They also prescribe the minimum content of notes to such financial statements. Statement forms referred to in paragraph 1 hereof are enclosed herewith as Schedules 1, 2, 3, 4 and 5, and are integral thereto.
Article 2
Forms referred to in Article 1 hereof shall be filled in by entering data in appropriate fields in column 2 and by entering in column 3 the automatic data processing (ADP) codes referring to groups of accounts and accounts specified in column 1, whereas the Cash Flow Statement form shall be filled in by entering data in appropriate fields in column 1 and by entering ADP codes in column 2 and shall contain all elements prescribed herein. As for content of groups of accounts and individual accounts in column 1, compliance shall be ensured with the provisions of Rules on the Chart of Accounts and Content of Accounts in the Chart of Accounts for Banks and Other Financial Organizations (“RS Official Gazette”, No. /2007). All amounts disclosed in statement forms referred to in Article 1 hereof shall be expressed in thousands of dinars.
Article 3
In compliance with Articles 30 and 31 of the Auditing and Accounting Law and the Decision on the Manner in Which the National Bank of Serbia Receives Financial Statements and Processes Data from Such Statements (“RS Official Gazette”, No. 15/2005 and 83/2005), banks shall submit one

copy of financial statements to the National Bank of Serbia with data as at 31 December of the current year (hereinafter: financial statements), using the following statement forms: Balance Sheet, Income Statement, Cash Flow Statement, Statement of Changes in Equity and Statistical Annex, as well as one copy of notes to financial statements.
Article 4
A bank which has undergone a status change or has had bankruptcy or liquidation proceedings instituted against it shall disclose consolidated data in its final accounts for the entire reporting period in net amount after results before and after the change are balanced off, and shall designate all such statement forms with either “STATUS CHANGE”, “BANKRUPTCY” or “LIQUIDATION”.
II. ELEMENTS OF ITEMS IN THE BALANCE SHEET FORM
Article 5
The bank shall enter data in columns 5 through 8 of the Balance Sheet form, in line with the elements of groups of accounts and individual accounts designated in column 1 of that form. At the time of financial statement completion, as well as upon occurrence of status change, change in organizational form or sale of bank, or institution of regular liquidation or bankruptcy proceedings, data referring to corresponding groups of accounts and accounts specified in column 1 of this statement form shall be entered under ADP codes 001 through 019 of assets and under ADP codes 101 through 125 of liabilities and off-balance sheet items. Prior year data (opening balance for the current year) shall be disclosed in column 8 of assets for the current year and in column 6 of liabilities and off-balance sheet items for the current year. Data referring to the financial reporting period as at the closing balance sheet date shall be entered in columns 5 and 6 of assets and column 5 of liabilities and off￾balance sheet items, while data in column 7 of assets shall correspond to the amounts disclosed in column 6 less amounts disclosed in column 5. If prior year data have been adjusted to comply with regulations, such adjusted data shall be entered in column 8 of assets and column 6 of liabilities and off-balance sheet items for the current year.
III. ELEMENTS OF ITEMS IN THE INCOME STATEMENT FORM
Article 6
The bank shall enter data in columns 5 and 6 of the Income Statement form, by elements of accounts, by individual items (ADP) of that statement form.

At the time of financial statement completion as well as upon occurrence of status change, change in organizational form or sale, institution or completion of regular liquidation or bankruptcy proceedings, the following data shall be entered in the ADP column: under ADP codes 201 through 222 – income and expenses from regular operations, under ADP codes 223 and 224 – profit and loss from discontinued operations, under ADP codes 225 and 226 – profit and loss before tax, under ADP code 227 – tax on profit, under ADP codes 228 and 229 – profit and loss from change in tax assets and deferred tax liabilities, under ADP codes 230 and 231 – profit and loss after tax, under ADP codes 232 and 233 – net profit attributable to minority shareholders and net profit attributable to owners of the parent legal entity, under ADP codes 234 through 236 – earnings per share, basic and diluted earnings per share.

Data referring to accounts specified in column 1 shall be entered in column 5 (current year) as reported for the reporting period of a year earlier, while current year data shall be entered in column 5 from statements as at balance date. If prior year data have been adjusted to comply with regulations, such adjusted data shall be entered in column 6.
IV. ELEMENTS OF ITEMS IN THE CASH FLOW STATEMENT FORM
Article 7
For the purposes hereof, cash flows shall mean collections and payments in cash and cash equivalents through gyro-account, current and foreign exchange accounts, including any compensations, assignments and cessions effected through such accounts. Intrabank transfers across individual cash and cash equivalent accounts shall not be recorded as cash flows. The full amount of cash inflow and outflow can be derived from documents on inflow and outflow on gyro and foreign exchange accounts or the balance and turnover on individual assets and liabilities accounts as well as income and expense accounts. When completing the Cash Flow Statement, data relating to the corresponding accounting period a year earlier shall be entered in column 4 while data for the current year shall be entered in column 3.

1. Cash flows from operating activities

Article 8
Item – Cash inflows from operating activities under ADP code 301 shall disclose data on total inflows of cash from items under ADP codes 302 through 305. Item – Interest inflows under ADP code 302 shall disclose cash inflow from collection of interest income. Item – Fees under ADP code 303 shall disclose inflows in respect of fees and commissions collected in the regular course of the bank’s operations. Item – Inflows of other operating income under ADP code 304 shall disclose cash inflows from sale of services (excluding fees and commissions), leases and other cash inflows from regular operations. Item – Dividends and profit share under ADP code 305 shall disclose the level of earnings on investment in the form of dividends and profit share.

Article 9
Item – Cash outflows from operating activities under ADP code 306 shall disclose data on total outflow of cash on items under ADP codes 307 through 311. Item – Interest under ADP code 307 shall disclose cash outflows in respect of payment of interest. Item – Fees under ADP code 308 shall disclose the amount of fees and commissions paid in the regular course of bank’s operations. Item – Gross earnings, compensation of earnings and other personal expenses shall disclose the amounts of gross earnings, compensation of earnings and other personal expenses paid out during the accounting period. Item – Taxes, contributions and other duties charged to income under ADP code 310 shall disclose the amounts of taxes, contributions and other duties paid out during the accounting period. Item – Other operating expenses under ADP code 311 shall disclose outflows in respect of procurement of material, payment of services and other intangible costs and payments in respect of other operating expenses. Item – Net operating cash inflow before the increase or decrease in lending and deposits under ADP code 312 shall disclose the difference

between item – Cash inflows from operating activities under ADP code 301 and item – Cash outflows from operating activities under ADP code 306. Item – Net operating cash outflow before the increase or decrease in lending and deposits under ADP code 313 shall disclose the difference between item – Cash outflows from operating activities under ADP code 306 and item – Cash inflows from operating activities under ADP code 301.
Article 10
Item – Decrease in lending and increase in deposits received under ADP code 314 shall disclose data on total inflow of cash from items under ADP codes 315 through 319. Items under ADP codes 315 to 317 shall disclose the net decrease in lending on grounds specified in the names of individual items. Net decrease in lending represents the negative difference between the total amount of new lending and total amount of lending collected in the accounting period. Items under ADP codes 318 and 319 shall disclose the net increase in deposits on grounds specified in the names of individual items. Net increase in deposits represents the positive difference between the total amount of new deposits and total amount of deposits paid out in the accounting period. Item – Increase in lending and decrease in deposits received under ADP code 320 shall disclose data on total outflow of cash from items under ADP codes 321 through 325. Items under ADP codes 321 to 323 shall disclose the net increase in lending on grounds specified in the names of individual items. Net increase in lending represents the positive difference between the total amount of new lending and total amount of lending collected in the accounting period. Items under ADP codes 324 and 325 shall disclose the net decrease in deposits on grounds specified in the names of individual items. Net decrease in deposits represents the negative difference between the total amount of new deposits and total amount of deposits paid out in the accounting period.
Article 11
Item – Net operating cash inflow before profit tax under ADP code 326 shall disclose the difference between the sum of amounts disclosed in items under ADP codes 312 and 314 and the sum of amounts disclosed in items under ADP codes 313 and 320. Item – Net operating cash outflow before profit tax under ADP code 327shall disclose the difference between the sum of amounts disclosed in

items under ADP codes 313 and 320 and the sum of amounts disclosed in items under ADP codes 312 and 314.
Article 12
Item – Profit tax paid under ADP code 328 shall disclose the amounts of advance payments of profit tax during the accounting period, according to final entries for the prior year, less tax refunds effected during the accounting period. Item – Dividends paid under ADP code 329 shall disclose the amounts of advance payments of dividends from profit during the year, and amounts of dividends from profit for prior years paid out in the current year.
Article 13
Item – Net operating cash inflow under ADP code 330 shall disclose the result of the difference between the amount disclosed in item under ADP code 326 and the sum of amounts disclosed in items under ADP codes 327, 328 and 329. Item – Net operating cash outflow under ADP code 331 shall disclose the result of the difference between the sum of amounts disclosed in items under ADP codes 327, 328 and 329 and the amount disclosed in item under ADP code 326.
2. Cash flows from investing activities
Article 14
Item – Cash inflows from investing activities under ADP code 332 shall disclose data on total inflow of cash from items under ADP codes 333 to 335. Item – Long-term investment in securities under ADP code 333 shall disclose the amounts earned in respect of long-term investment in securities held to maturity. Item – Sale of interest and stake in equity under ADP code 334 shall disclose the amounts earned through sale of interest and stake in equity. Item – Sale of intangible investments and fixed assets under ADP code 335shall disclose the amounts earned through sale of intangible investments and fixed assets.
Article 15
Item – Cash outflows from investing activities under ADP code 336 shall disclose data on total outflow of cash from items under ADP codes 337 to 339.

Item – Investment in long-term securities under ADP code 337 shall disclose payments in respect of investment in long-term securities held to maturity. Item – Purchase of interest and stake in equity under ADP code 338 shall disclose payments in respect of purchase of interest and stake in capital. Item – Purchase of intangible investments and fixed assets under ADP code 339 shall disclose the amounts paid in respect of procuring intangible investments and fixed assets.
Article 16
Item – Net cash inflow from investing activities under ADP code 340 shall disclose the difference between item – Cash inflows from investing activities under ADP code 332 and item – Cash outflows from investing activities under ADP code 336. Item – Net cash outflow from investing activities under ADP code 341 shall disclose the difference between item – Cash outflows from investing activities under ADP code 336 and item– Cash inflows from investing activities under ADP code 332.
3. Cash flows from financing activities
Article 17
Item – Cash inflows from financing activities under ADP code 342 shall disclose data on total cash inflow from items under ADP codes 343 to 346. Item – Capital increase under ADP code 343 shall disclose the amounts of cash inflow in respect of payment for bank shares. Item – Long-term credit and subordinated liabilities under ADP code 344 shall disclose the amount of total inflow in respect of disbursed long-term credits and subordinated liabilities during the accounting period. Item – Short-term credit disbursements, net, under ADP code 345 shall disclose cash inflows in respect of disbursed short-term credits less repayment of such credits during the accounting period. Item – Securities, net, under ADP code 346 shall disclose cash inflows in respect of securities paid less outflows in respect of repayment of securities (other than interest) during the accounting period.
Article 18

Item – Cash outflows from financing activities under ADP code 347 shall disclose data on total outflow of cash from items under ADP codes 348 to 351. Item – Repurchase of own shares under ADP code 348 shall disclose cash outflows in respect of repurchase of own shares during the accounting period. Item – Repayments of long-term credit and subordinated liabilities under ADP code 349 shall disclose the total amount of repaid long-term credits and subordinated liabilities during the accounting period. Item – Short-term credit disbursements, net, under ADP code 350 shall disclose cash outflows during reporting periods in respect of repayment of disbursed short-term credits less new short-term credits during the accounting period. Item – Securities, net, under ADP code 351 shall disclose cash outflows in respect of repayment of securities (other than interest) less cash inflows in respect of securities paid. Item – Net cash inflow from financing activities under ADP code 352shall disclose the difference between item – Cash inflows from financing activities under ADP code 342 and item – Cash outflows from financing activities under ADP code 347. Item – Net cash outflow from financing activities under ADP code 353shall disclose the difference between item – Cash outflows from financing activities under ADP code 347 and item – Cash inflows from financing activities under ADP code 342.
4. End of cash flow statement
Article 19
Item – Total net inflow of cash under ADP code 354 shall disclose the sum of the amounts disclosed in items under ADP codes 301, 314, 332 and 342. Item – Total net outflow of cash under ADP code 355 shall disclose the sum of the amounts disclosed in items under ADP codes 306, 320, 328, 329, 336 and 347.

Item – Net increase in cash under ADP code 356 shall disclose the difference between the amounts disclosed in item under ADP code 354 and item under ADP code 355. Item – Net decrease in cash under ADP code 357 shall disclose the difference between the amounts disclosed in item under ADP code 355 and item under ADP code 354. Item – Cash at the beginning of the year under ADP code 358 shall disclose the amount of cash as at the date of the opening balance of the accounting period. Item – Exchange rate gains under ADP code 359 shall disclose the amount of exchange rate gains as at the balance date. Item – Exchange rate losses under ADP code 360 shall disclose the amount of exchange rate losses as at the balance date. Item – Cash at end-period under ADP code 361 shall disclose the amount of cash at the end of the accounting period (ADP 356 – ADP 357 + ADP 358

• ADP 359 – ADP 360).
  V. ELEMENTS OF ITEMS IN THE STATEMENT OF CHANGES IN EQUITY
  FORM
  Article 20
  The bank shall enter data on balance and changes in capital in the Statement of Changes in Equity form. Item under ordinal number 1, ADP code 401, shall disclose the balance on share capital accounts (accounts 810 and 811) as at 1 January of the prior year. Item under ordinal number 1, ADP code 414, shall disclose the balance on account 819 – Other capital as at 1 January of the prior year. Item under ordinal number 1, ADP code 427, shall disclose the balance on account 350 – Unpaid subscribed capital as at 1 January of the prior year. Item under ordinal number 1, ADP code 440, shall disclose the balance on account 812 – Premium on issue of shares as at 1 January of the prior year. Item under ordinal number 1, ADP code 453, shall disclose the balance on account 813 – Reserves from profit as at 1 January of the prior year.

Item under ordinal number 1, ADP code 466, shall disclose the balance on account 813 – Revaluation reserves as at 1 January of the prior year. Item under ordinal number 1, ADP code 479, shall disclose the balance on retained earnings accounts (817 and 818) as at 1 January of the prior year. Item under ordinal number 1, ADP code 492, shall disclose the balance on accounts of losses up to the level of capital (815 and 816) as at 1 January of the prior year. Item under ordinal number 1, ADP code 505, shall disclose the balance on account 355 – Own shares as at 1 January of the prior year. Item under ordinal number 1, ADP code 518, shall disclose total balance of capital as at 1 January of the prior year. Item under ordinal number 1, ADP code 531, shall disclose the balance on account 820 – Losses in excess of capital as at 1 January of the prior year. Item under ordinal number 2, ADP code 402, shall disclose the increase in balance on share capital accounts (accounts 810 and 811) in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 415, shall disclose the increase in balance on account 819 – Other capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 428, shall disclose the increase in balance on account 350 – Unpaid subscribed capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 441, shall disclose the increase in balance on account 812 – Premium on issue of shares in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 454, shall disclose the increase in balance on account 814 – Reserves from profit in respect of adjustment for material errors and changes in accounting policies in the prior year.

Item under ordinal number 2, ADP code 467, shall disclose the increase in balance on account 813 – Revaluation reserves in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 480, shall disclose the increase in balance on retained earnings accounts (817 and 818) in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 493, shall disclose the increase in balance on accounts of losses up to the level of capital (815 and 816) in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 506, shall disclose the increase in balance on account 355 – Own shares in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 519, shall disclose total increase in the balance of capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 2, ADP code 532, shall disclose the increase in balance on account 820 – Losses in excess of capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 403, shall disclose the decrease in balance on share capital accounts (accounts 810 and 811) in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 416, shall disclose the decrease in balance on account 819 – Other capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 429, shall disclose the decrease in balance on account 350 – Unpaid subscribed capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 442, shall disclose the decrease in balance on account 812 – Premium on issue of shares in respect of adjustment for material errors and changes in accounting policies in the prior year.

Item under ordinal number 3, ADP code 455, shall disclose the decrease in balance on account 814 – Reserves from profit in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 468, shall disclose the decrease in balance on account 813 – Revaluation reserves in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 481, shall disclose the decrease in balance on retained earnings account (817 and 818) in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 494, shall disclose the decrease in balance on accounts of losses up to the level of capital (815 and 816) in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 507, shall disclose the decrease in balance on account 355 – Own shares in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 520, shall disclose total decrease in the balance of capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 3, ADP code 533, shall disclose the decrease in balance on account 820 – Losses in excess of capital in respect of adjustment for material errors and changes in accounting policies in the prior year. Item under ordinal number 4, ADP code 404, shall disclose the adjusted opening balance on share capital accounts (accounts 810 and 811) as at 1 January of the prior year. Item under ordinal number 4, ADP code 417, shall disclose the adjusted opening balance on account 819 – Other capital as at 1 January of the prior year. Item under ordinal number 4, ADP code 430, shall disclose the adjusted opening balance on account 350 – Unpaid subscribed capital as at 1 January of the prior year.

Item under ordinal number 4, ADP code 443, shall disclose the adjusted opening balance on account 812 – Premium on issue of shares as at 1 January of the prior year. Item under ordinal number 4, ADP code 456, shall disclose the adjusted opening balance on account 814 – Reserves from profit as at 1 January of the prior year. Item under ordinal number 4, ADP code 469, shall disclose the adjusted opening balance on account 813 – Revaluation reserves as at 1 January of the prior year. Item under ordinal number 4, ADP code 482, shall disclose the adjusted opening balance on retained earnings accounts (817 and 818) as at 1 January of the prior year. Item under ordinal number 4, ADP code 495, shall disclose the adjusted opening balance on accounts of losses up to the level of capital (815 and
816) as at 1 January of the prior year.
Item under ordinal number 4, ADP code 508, shall disclose the adjusted opening balance on account 355 – Own shares as at 1 January of the prior year. Item under ordinal number 4, ADP code 521, shall disclose the total adjusted opening balance of capital as at 1 January of the prior year. Item under ordinal number 4, ADP code 534, shall disclose the adjusted opening balance on account 820 – Losses in excess of capital as at 1 January of the prior year. Item under ordinal number 5, ADP code 405, shall disclose the increase in balance on share capital accounts (accounts 810 and 811) in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 418, shall disclose the increase in balance on account 819 – Other capital in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 431, shall disclose the increase in balance on account 350 – Unpaid subscribed capital in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies.

Item under ordinal number 5, ADP code 444, shall disclose the increase in balance on account 812 – Premium on issue of shares in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 457, shall disclose the increase in balance on account 814 – Reserves from profit in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 470, shall disclose the increase in balance on account 813 – Revaluation reserves in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 483, shall disclose the increase in balance on retained earnings accounts (817 and 818) in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 496, shall disclose the increase in balance on accounts of losses up to the level of capital (815 and 816) in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 509, shall disclose the increase in balance on account 355 – Own shares in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 522, shall disclose the total increase in the balance of capital in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 5, ADP code 535, shall disclose the increase in balance on account 820 – Losses in excess of capital in the prior year in all respects, except for increase in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 406, shall disclose the decrease in balance on share capital accounts (accounts 810 and 811) in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies.

Item under ordinal number 6, ADP code 419, shall disclose the decrease in balance on account 819 – Other capital in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 432, shall disclose the decrease in balance on account 350 – Unpaid subscribed capital in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 445, shall disclose the decrease in balance on account 812 – Premium on issue of shares in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 458, shall disclose the decrease in balance on account 814 – Reserves from profit in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 471, shall disclose the decrease in balance on account 813 – Revaluation reserves in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 484, shall disclose the decrease in balance on retained earnings accounts (817 and 818) in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 497, shall disclose the decrease in balance on accounts of losses up to the level of capital (815 and 816) in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 510, shall disclose the decrease in balance on account 355 – Own shares in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 6, ADP code 523, shall disclose the total decrease in balance of capital in the prior year in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies.

Item under ordinal number 6, ADP code 536, shall disclose the decrease in balance on account 820 – Losses in excess of capital in all respects, except for decrease in respect of adjustment for material errors and changes in accounting policies. Item under ordinal number 7, ADP code 407, shall disclose the balance on share capital accounts (accounts 810 and 811) as at 31 December of the prior year. Item under ordinal number 7, ADP code 420, shall disclose the balance on account 819 – Other capital as at 31 December of the prior year. Item under ordinal number 7, ADP code 433, shall disclose the balance on account 350 – Unpaid subscribed capital as at 31 December of the prior year. Item under ordinal number 7, ADP code 446, shall disclose the balance on account 812 – Premium on issue of shares as at 31 December of the prior year. Item under ordinal number 7, ADP code 459, shall disclose the balance on account 814 – Reserves from profit as at 31 December of the prior year. Item under ordinal number 7, ADP code 472, shall disclose the balance on account 813 – Revaluation reserves as at 31 December of the prior year. Item under ordinal number 7, ADP code 485, shall disclose the balance on retained earnings accounts (817 and 818) as at 31 December of the prior year. Item under ordinal number 7, ADP code 498, shall disclose the balance on accounts of losses up to the level of capital (815 and 816) as at 31 December of the prior year. Item under ordinal number 7, ADP code 511, shall disclose the balance on account 355 – Own shares as at 31 December of the prior year. Item under ordinal number 7, ADP code 524, shall disclose the total balance of capital as at 31 December of the prior year. Item under ordinal number 7, ADP code 537 shall disclose the balance on account 820 – Losses in excess of capital as at 31 December of the prior year.

Item under ordinal number 8, ADP code 408, shall disclose the increase in balance on share capital accounts (accounts 810 and 811) in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 421, shall disclose the increase in balance on account 819 – Other capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 434, shall disclose the increase in balance on account 350 – Unpaid subscribed capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 447, shall disclose the increase in balance on account 812 – Premium on issue of shares in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 460, shall disclose the increase in balance on account 814 – Reserves from profit in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 473, shall disclose the increase in balance on account 813 – Revaluation reserves in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 486, shall disclose the increase in balance on retained earnings accounts (817 and 818) in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 499, shall disclose the increase in balance on accounts of losses up to the level of capital (815 and 816) in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 512, shall disclose the increase in balance on account 355 – Own shares in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 8, ADP code 525, shall disclose the total increase in balance of capital in respect of adjustment for material errors and changes in accounting policies in the current year.

Item under ordinal number 8, ADP code 538, shall disclose the increase in balance on account 820 – Losses in excess of capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 409, shall disclose the decrease in balance on share capital accounts (accounts 810 and 811) in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 422, shall disclose the decrease in balance on account 819 – Other capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 435, shall disclose the decrease in balance on account 350 – Unpaid subscribed capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 448, shall disclose the decrease in balance on account 812 – Premium on issue of shares in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 461, shall disclose the decrease in balance on account 814 – Reserves from profit in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 474, shall disclose the decrease in balance on account 813 – Revaluation reserves in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 487, shall disclose the decrease in balance on retained earnings accounts (817 and 818) in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 500, shall disclose the decrease in balance on accounts of losses up to the level of capital (815 and 816) in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 513, shall disclose the decrease in balance on account 355 – Own shares in respect of adjustment for material errors and changes in accounting policies in the current year.

Item under ordinal number 9, ADP code 526, shall disclose the total decrease in balance of capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 9, ADP code 539, shall disclose the decrease in balance on account 820 – Losses in excess of level of capital in respect of adjustment for material errors and changes in accounting policies in the current year. Item under ordinal number 10, ADP code 410, shall disclose the adjusted opening balance on share capital accounts (accounts 810 and 811) as at 1 January of the current year. Item under ordinal number 10, ADP code 423, shall disclose the adjusted opening balance on account 819 – Other capital as at 1 January of the current year. Item under ordinal number 10, ADP code 436, shall disclose the adjusted opening balance on account 350 – Unpaid subscribed capital as at 1 January of the current year. Item under ordinal number 10, ADP code 449, shall disclose the adjusted opening balance on account 812 – Premium on issue of shares as at 1 January of the current year. Item under ordinal number 10, ADP code 462, shall disclose the adjusted opening balance on account 814 – Reserves from profit as at 1 January of the current year. Item under ordinal number 10, ADP code 475, shall disclose the adjusted opening balance on account 813 – Revaluation reserves as at 1 January of the current year. Item under ordinal number 10, ADP code 488, shall disclose the adjusted opening balance on retained earnings accounts (817 and 818) as at 1 January of the current year. Item under ordinal number 10, ADP code 501, shall disclose the adjusted opening balance on accounts of losses up to the level of capital (815 and
816) as at 1 January of the current year.
Item under ordinal number 10, ADP code 514, shall disclose the adjusted opening balance on account 355 – Own shares as at 1 January of the current year.

Item under ordinal number 10, ADP code 527, shall disclose the total adjusted opening balance of capital as at 1 January of the current year. Item under ordinal number 10, ADP code 540, shall disclose the adjusted opening balance on account 820 – Losses in excess of capital as at 1 January of the current year. Item under ordinal number 11, ADP code 411, shall disclose the increase in balance on share capital accounts (accounts 810 и 811) in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 424, shall disclose the increase in balance on account 819 – Other capital in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 437, shall disclose the increase in balance on account 350 – Unpaid subscribed capital in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 450, shall disclose the increase in balance on account 812 – Premium on issue of shares in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 463, shall disclose the increase in balance on account 814 – Reserves from profit in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 476, shall disclose the increase in balance on account 813 – Revaluation reserves in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 489, shall disclose the increase in balance on retained earnings accounts (817 and 818) in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 502, shall disclose the increase in balance on accounts of losses up to the level of capital (815 and 816) in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies.

Item under ordinal number 11, ADP code 515, shall disclose the increase in balance on account 355 – Own shares in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 528, shall disclose the total increase in balance of capital in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 11, ADP code 541 shall disclose the increase in balance on account 820 – Losses in excess of capital in the current year in all respects, except for increase in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 412, shall disclose the decrease in balance on share capital accounts (accounts 810 and 811) in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 425, shall disclose the decrease in balance on account 819 – Other capital in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 438, shall disclose the decrease in balance on account 350 – Unpaid subscribed capital in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 451, shall disclose the decrease in balance on account 812 – Premium on issue of shares in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 464, shall disclose the decrease in balance on account 814 – Reserves from profit in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 477, shall disclose the decrease in balance on account 813 – Revaluation reserves in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies.

Item under ordinal number 12, ADP code 490, shall disclose the decrease in balance on retained earnings accounts (817 and 818) in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 503, shall disclose the decrease in balance on accounts of losses up to the level of capital (815 and 816) in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 516, shall disclose the decrease in balance on account 355 – Own shares in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 529, shall disclose the total decrease in the balance of capital in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 12, ADP code 542, shall disclose the decrease in balance on account 820 – Losses in excess of capital in the current year in all respects, except for decrease in respect of adjustment of material errors and changes in accounting policies. Item under ordinal number 13, ADP code 413, shall disclose the balance on share capital accounts (accounts 810 and 811) as at 31 December of the current year. Item under ordinal number 13, ADP code 426, shall disclose the balance on account 819 – Other capital as at 31 December of the current year. Item under ordinal number 13, ADP code 439, shall disclose the balance on account 350 – Unpaid subscribed capital as at 31 December of the current year. Item under ordinal number 13, ADP code 452, shall disclose the balance on account 812 – Premium on issue of shares as at 31 December of the current year. Item under ordinal number 13, ADP code 465, shall disclose the balance on account 814 – Reserves from profit as at 31 December of the current year.

Item under ordinal number 13, ADP code 478, shall disclose the balance on account 813 – Revaluation reserves as at 31 December of the current year. Item under ordinal number 13, ADP code 491, shall disclose the balance on retained earnings accounts (817 and 818) as at 31 December of the current year. Item under ordinal number 13, ADP code 504, shall disclose the balance on accounts of losses up to the level of capital (815 and 816) as at 31 December of the current year. Item under ordinal number 13, ADP code 517, shall disclose the balance on account 355 – Own shares as at 31 December of the current year. Item under ordinal number 13, ADP code 530, shall disclose the total balance of capital as at 31 December of the current year. Item under ordinal number 13, ADP code 543, shall disclose the balance on account 820 – Losses in excess of capital as at 31 December of the current year.
VI. ELEMENTS OF ITEMS IN THE STATISTICAL ANNEX FORM
Article 21
Item under ADP code 602 shall disclose the debit balance for accounts specified in column 1. Item under ADP code 603 shall disclose the credit balance for accounts specified in column 1. Items under ADP codes 601, 604 to 606, 608 to 623 and 630 shall disclose balance at year-end for accounts specified in column 1. Item under ADP code 607 shall disclose debits excluding opening balance. Items under ADP codes 624 to 629 shall disclose credits excluding opening balance. Item under ADP code 651 shall disclose the average number of employees, in integer numbers, which shall be based on balance as at the end of each month of the business year.

Items under ADP codes 652 and 653 shall disclose the absolute number of ordinary or preferred shares at the end of the year. Items under ADP codes 654 and 655 shall disclose the total nominal value of all ordinary or preferred shares at the end of the year.
VII. MINIMUM ELEMENTS OF NOTES
TO FINANCIAL STATEMENTS
Article 22
Minimum elements of notes to financial statements (IAS 1, Sections 103 to 126 and individual IAS and IFRS) shall comprise:

– general information on the bank (including staff number as at 31 December of current and prior year), – bank’s accounting policies, – risk management policies, – statutory requirements, – information by segment (for banks whose securities are publicly traded or that are in the process of issuance of securities), – structure of income statement items (by specified notes), – profit tax (current and deferred), – earnings per share and paid out dividends (for banks whose securities are publicly traded or that are in the process of issuance of securities), – analysis of income statement items (by specified notes), – potential obligations, – commitments, – transactions in the name and for the account of third persons, – transactions with related parties, – observance of the fair value concept, – events after the balance sheet date, – information on bank’s management wages.
VIII. TRANSITIONAL AND CLOSING PROVISION
Article 23
The provisions hereof shall also apply to financial statements for 2006.
Article 24
These Rules shall enter into force on the day following the day of their publication in the “RS Official Gazette”.

D. no. 4 G o v e r n o r
19 January 2007 of the National Bank of Serbia B e l g r a d e Radovan Jelašić, sign.