Decree No. 475 / 2003 Coll.
Decree amending Decree No. 503 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for health insurance companies
Valid
Order
Effective from 01.01.2004
Text versions:
01.01.2004
31.12.2003
475
DECLARATION
of 17 December 2003
amending Decree No. 503 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for health insurance companies
The Ministry of Finance provides, pursuant to § 37b, for the implementation of § 4 paragraphs 8, § 24 paragraphs 4 and 5 and § 28 paragraph 1 of Act No. 563 / 1991 Coll., on Accounting, as amended by Act No. 437 / 2003 Coll., hereinafter referred to as "the Act":
Decree No. 503 / 2003 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for health insurance companies, is amended as follows:
1. In the title of Part Two, "Paragraph 18 (4) 'is replaced by" Paragraph 4 (8)'.
2. In Title I, the words "and the method of assembly 'shall be inserted after the word" Scope'.
3. In Paragraph 4 (1), the words "and labelling 'shall be added at the end of the second sentence.
4. In Article 5 (3), "B.I. Land and buildings (real estate) 'and" B.II. Investment in business groupings' are replaced by "C. Long-term tangible assets' and" D. Long-term financial assets'.
5. Paragraph 6 (3) reads as follows:
"(3) A health insurance company which, apart from public health insurance (2), does not carry out any tax activity, 18) shall report an item in the profit and loss account and a zero-sum profit and loss result."
6. In Section 7, the words "and other taxed activities' are added at the end of the title.
7. In Article 7 (1), the second sentence is deleted. The following sentence is inserted after the first sentence: "Unless otherwise specified, the provisions of Decree No 502 / 2002 Coll., implementing certain provisions of Act No 563 / 1991 Coll., on Accounting, as amended, apply to entities that are insurance undertakings."
8. Paragraph 7 (2) reads as follows:
"(2) When drawing up the balance sheet (balance sheet) referred to in paragraph 1 in accordance with special legislation5, own resources shall not be entered under" A.I. Capital, "but under" Contract Health Insurance Fund. "'
9. In Article 7, the following paragraph 3 is added:
"(3) For the content of the financial statements items relating to other taxed activities, health insurance companies shall apply mutatis mutandis the provisions of Decree No. 502 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, to entities that are insurance undertakings. '
10. in Paragraph 8 (2), the term 'comma' shall be replaced by 'whatever source of funding' shall be deleted; After the first sentence, the sentence "This entry is used only for the purposes of taxed activities carried out pursuant to Section 7. 'is inserted.
11. in Paragraph 8 (3), including footnote (8a):
"(3) The heading" C. Long-term tangible assets "includes:
(a) land and buildings;
(b) movable goods, (8a) excluding stocks; the assets are divided into depreciation and non-depreciation,
(c) costs related to the acquisition of fixed tangible assets and the advance on the acquisition of such assets.
The term can be broken down into subheadings. Unless otherwise provided, the details of the entity's content definition of the components of this item shall apply mutatis mutandis to the entity's provisions of Section 7 of Decree No. 500 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are entrepreneurs accounting in the dual accounting system.
8 (a) § 121 (1) of the Civil Code. '
12. in Article 8 (4), "B.II. Investment" is replaced by "D.I. Shares."
13. in Article 8 (5), "B.II.1." is replaced by "D.I.1."
14. in Paragraph 8 (6), "B.II.3." is replaced by "D.I.3."
15. In Paragraph 8 (7), the words "B.III. Other investments' are replaced by" D.II. Other long-term financial assets' and the words "B.III.1. to B.III.4. 'shall read" D.II.1. to D.II.4.'.
16. in Paragraph 8 (8), the words "B.III.1." shall be replaced by the words "D.II.1.," the words "share" by the word "yield" and the words "B.II.1. and B.II.3." shall be replaced by "D.I.1. and D.I.3.";
17. in Paragraph 8 (9), "B.III.2. Debt securities and other fixed-income securities" shall be replaced by "D.II.2. Debt securities."
18. in Article 8 (9) (a), "B.II.2." is replaced by "D.I.2." and "B.II.4." is replaced by "D.I.4."
19. in Paragraph 8 (9), "B.III.1." is replaced by "D.II.1."
20. Paragraph 8 (9) shall be supplemented by the following: Other equity funds "or" A.V. Public health insurance funds. "Unless otherwise specified, the provisions of Paragraph 44 of Decree No 501 / 2002 Coll., implementing certain provisions of Act No 563 / 1991 Coll., on Accounting, as amended, for entities that are banks and other financial institutions shall apply mutatis mutandis to the details of the reporting of interest income, interest expense and accrued accessories of an entity. '
21. in Paragraph 8 (10), "B.III.3." is replaced by "D.II.3." and "D.II."
22. in Paragraph 8 (11), the first sentence is replaced by "Item" D.II.4. Other long-term financial assets "includes long-term financial assets not listed under D.II.1. to D.II.3. '.
23. in Paragraph 8 (11), the sentence of the third, fourth and fifth, including footnote 15, shall be deleted;
24. in Article 9 (1), "C.I." is replaced by "E.I."
25. in Article 9 (2), "C.II." is replaced by "E.II."
26. in Article 9 (3), "D." is replaced by "F." The second sentence is deleted.
27. in Paragraph 9 (4):
"(4) Unless otherwise specified, the details of the content definition of the components of the item" D.I. Stocks "of the entity shall apply mutatis mutandis to the provisions of Section 9 of Decree No. 500 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, to entities that are entrepreneurs accounting in the dual accounting system. '
footnote 16 is deleted;
28. in Article 9 (5) and (6), "D.II." is replaced by "F.II."
29. in Article 9 (7), "D.III" is replaced by "F.III." and "D.I."
30. In Paragraph 9, the sentence "In this item, the positive fair value of the valuation of derivatives under Paragraph 27 (1) of the Act shall also be reported under Paragraph 19. 'is added at the end of paragraph 7.
31. in Article 9, paragraphs 8 and 9 are deleted;
32. in Paragraph 10 (1), "capital" is replaced by "capital."
33. In Paragraph 10 (1), the words "which is the own source of cover for the health insurance undertaking 'are replaced by the words" whose source is neither public health insurance nor contractual health insurance'.
34. in Paragraph 10 (3), the sentence third and fourth are deleted, including footnote 19); After the second sentence, the words "Public Health Insurance Capital Funds are funds the source of which is public health insurance funds and are intended to ensure the own business of a health insurance company. The resources of public health insurance funds and their use are laid down in specific legislation. 18) Changes in the status of such funds shall be recognised using balance sheet accounts, without using cost and revenue accounts. ';
35. the words "and interest on held debt securities" shall be inserted after the words "fair value."
36. in Article 10 (5), the second sentence is deleted; The following sentence is inserted after the first sentence: "The sources of public health insurance funds and their methods of use are laid down in specific legislation. 19) Changes in the status of such funds shall be recognised using balance sheet accounts, without using cost and revenue accounts. ';
37.Paragraph 10 (6) reads:
"(6) The summary item" B. Provisions "contains provisions for other risks and losses under Section 26 (3) of the Act and technical provisions."
38. In Paragraph 10 (9), the words "deferred income tax obligations' are deleted.
39. in Article 10, paragraphs 10, 11 and 12 are deleted;
40. In Paragraph 10, the following paragraph 10 is added:
"(10) Under" D. Other liabilities, "in particular, the negative fair value of the valuation of derivatives under Section 27 (1) of the Act is reported under Paragraph 19."
41. In Title III, the word "certain 'is deleted.
Article 42 (11) reads:
The provisions of Decree No 502 / 2002 Coll., implementing certain provisions of Law No 563 / 1991 Coll., on accounting, as amended, for entities that are insurance undertakings shall apply mutatis mutandis to the content of the items of the profit and loss account. '
footnote 20 is deleted;
43. The title of Title IV shall read as follows:
44. in the introductory sentence of Paragraph 12 (1), the words "and profit and loss accounts" shall be deleted;
45. in Article 12 (1) (a), "B.I Land and buildings (real estate)" shall be replaced by "C. Long-term tangible assets."
46. in § 12 (1) (b), the words "B.III.4 Other investments' are replaced by" D.II.4. Other long-term financial assets "and the word" location "of the word" property. "
47. in Paragraph 12 (1) (c), the words "D.IV" shall be replaced by the words "F.III." The words "this investment" shall read "these assets" and the words "its" shall read "theirs."
48. in Paragraph 12 (1) (d), "E." is replaced by "G." and "D." by "E."
49. in Paragraph 12 (2) (b), the first dot is replaced by a comma at the end of the sentence. The second sentence is deleted.
50. in Article 12 (2), points (e), (g) and (h) are deleted;
Point (f) shall be renumbered as point (e).
51. in Paragraph 12 (2) (e), the comma is replaced by a dot after the word "separately."
52. In Paragraph 12 (4) (c), at the end of the comma, is replaced by a dot.
53.In Article 12 (4), point (d) is deleted.
54. In Article 12, paragraphs 5 and 6 are added:
"(5) The provisions of Decree No. 502 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are insurance companies, shall apply mutatis mutandis to the drawing up of an annex to the accounts for the taxed activities of a health insurance undertaking.
(6) The relevant provisions of Decree No. 501 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are banks and other financial institutions shall apply mutatis mutandis to the disclosure of information on securities and derivatives of health insurance companies. '
55. In the heading of Part Three, "Paragraph 14 (1) 'is replaced by" Paragraph 4 (8)'.
56. In Paragraph 13, the existing text becomes paragraph 1.
57. In Article 13, the following paragraph 2 is added:
"(2) Within accounting groups, health insurance companies create synthetic accounts. By creating analytical accounts, health insurance companies shall ensure that the synthetic accounts are broken down according to the needs of the financial statements, the legal requirements, the requirements of external users and, where appropriate, other needs of the health insurance undertaking. ';
58. In the heading of Part Four, "paragraph 2 'is replaced by" paragraph 8';
59. Sections 14, 15 and 16 are deleted.
60. In Section 17, "paragraph 2 'is replaced by" paragraph 8' and "paragraph 4 'is replaced by" paragraph 6'.
61.Paragraph 17 (2), (4), (5), (6) and (7) shall be deleted.
Paragraph 3 shall become paragraph 2.
62. In Article 17 (2), the word "location 'is replaced by" property' and the words "items of the relevant public health insurance funds' are replaced by" relevant funds of the entry "A.III. Other equity funds" or "A.V. Public health insurance funds." '
63. In Section 18, "paragraph 2 'is replaced by" paragraph 8';
64.Paragraph 18 (1) reads as follows:
"(1) Unless otherwise specified, the details of the entity's definition of these costs shall apply mutatis mutandis to the provisions of Section 47 of Decree No. 500 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are entrepreneurs accounting in the dual accounting system. '
65. In Paragraph 18, paragraphs 2 to 5 are deleted.
Paragraphs 6 and 7 shall be renumbered paragraphs 2 and 3.
66. In Paragraph 18 (2), the word "other 'is replaced by" other taxed'.
67. In Paragraph 18 (2), "at the same time 'is replaced by" at the time of payment of the undertaking'.
68. In Section 19, the word "hedging 'is deleted, the words" paragraph 2' are replaced by "paragraph 8 'and the words" paragraph 4' are replaced by the words "paragraph 6 '.
69. Paragraph 19 (1) reads as follows:
"(1) Unless the use of derivatives allows for specific legislation and unless otherwise specified, the details of the content of the definition of derivatives and the application of the fair value measurement of derivatives of an entity shall apply mutatis mutandis to the provisions of Paragraph 70 of Decree No. 501 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, to entities that are banks and other financial institutions. '
70. Paragraph 19 (2) reads as follows:
"(2) For derivatives related to public health insurance funds, valuation differences according to nature are shown under asset item" F. Other assets' or liability item "D. Other liabilities' and in the fund to which the funds used belong under item" A.III. Other equity funds "or" A.V. Public health insurance funds. "'
71. Paragraph 19 (3) to (5) is deleted.
Article 72 (20) shall be deleted;
73. In Section 21, "paragraph 2 'is replaced by" paragraph 8';
74. In Article 21 (1), the words "in the field of public health insurance 'shall be inserted after the words" health insurance'.
75. in Paragraph 21 (2):
"(2) The provisions of Decree No. 502 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are insurance companies, shall apply mutatis mutandis to the creation and use of adjustment items for the taxed activities of a health insurance company. '
footnote 24 is deleted;
76. Paragraph 21 (3) and (4) are deleted.
77. In Section 22, "paragraph 2 'is replaced by" paragraph 8'.
78.In Article 22 (1), the words "B.I." shall be replaced by the words "C." and the words "to be reported under D.I. of assets," shall be deleted;
79.Paragraph 22 (2) reads as follows:
"(2) Unless otherwise specified, the provisions of Section 56 of Decree No. 500 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, shall apply mutatis mutandis to entities that are entities accounting in the dual accounting system. '
80. In Paragraph 22, paragraphs 3 to 7 are deleted.
Paragraphs 8 and 9 shall be renumbered paragraphs 3 and 4.
81. In Section 23, "paragraph 2 'is replaced by" paragraph 8';
82. in Paragraph 23 (1), the words "in the field of public health insurance" shall be inserted after the words "health insurance undertakings."
83.In Paragraph 23 (2):
"(2) The provisions of Decree No. 502 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for entities that are insurance undertakings shall apply mutatis mutandis to the creation and use of reserves for taxed activities. '
footnote 25 is deleted;
84. Paragraph 23 (3) to (6) is deleted.
85. In Section 24, "paragraph 2 'is replaced by" paragraph 8';
86. In Article 24 (1), the word "prohibition" shall be inserted after the word "infringement."
87.In Article 24 (1) (b), the semicolon is replaced by a dot after the word "fees."
88.In Article 24 (1), points (c) and (d) are deleted.
89.In Paragraph 24 (2):
"(2) In addition, claims and liabilities, with the exception of advances received or advances made, may be settled against the same natural or legal person who has a maturity of up to one year and is denominated in the same currencies and issued and own bonds or other debt securities. ';
90. In Article 24 (3), the word "implemented 'is inserted after the word" commitments' and the word "provisions' is inserted after the word" under '.
91. in Article 24 (3), the comma after the word "Code" is replaced by a dot and the words "cleared through balance sheet accounts" are deleted;
92. In Section 25, "paragraph 2 'is replaced by" paragraph 8';
93.In Paragraph 25 (1), "paragraph 6" is replaced by "paragraph 12" and "items" II.6. Other costs' or "II.5. Other income" in the Non-Technical Account in the profit and loss account 'is replaced by "relevant sub-items of item" A.III. Other equity funds "or" A.V. Public health insurance funds. "'
94. In the first sentence of Article 25 (2), the words "to the relevant cost and income accounts', the comma after the words" fair value 'shall be replaced by the words "be charged in profit or loss'; The second and third sentences are deleted.
95. In Annex 1, in assets, the entry "C. Long-term tangible assets' and the entry" D. Long-term financial assets' are inserted after the entry "B. Investment (investment) '. The entry for" I. Land and buildings (real estate)' is deleted, including subheading (a).
96. The title of the current item "II. Investment in business groupings" is replaced by "I. Shares in business groupings." The title of the current item "III. Other investments' is replaced by" II. Other long-term financial assets'.
97. The title of the current item "2. Bonds and other fixed-income securities" is replaced by "2. Debt securities." Name of current item "4. Other investments' are replaced by" 4. Other long-term financial assets'.
98. The current aggregates "C., D. and E." are referred to as "E., F. and G."
99. The title of the current item "I. Long-term tangible assets, other than land and buildings (real estate), and stocks" is replaced by "I. Stocks."
100. In liabilities, in the title of item A.I., the word "capital 'is replaced by" capital'.
101. In item B., the words "to other risks and losses' are deleted.
102. The title of the current item "1. Legal provisions" is replaced by "1. Provisions for other risks and losses."
103. in entry B., the entry "2. Technical provisions' is added.
104. In liabilities, the summary item "D. Other liabilities' is added. The aggregate item" D. "is renumbered" E. "
105. In Annex No 2 under "II.5. Other income ', subheadings (a) to (c) are deleted.
106. In Annex No 2 under "II.6. Other costs', subheadings (a) to (e) are deleted.
107. In Annex 3, in account class 2, the entry "Long-term financial assets' is added.
108. In Annex 3, in account class 4, in the name of the first account group, the word "capital 'is replaced by" capital'.
109. In account class 4, the accounting group "Other liabilities' is added.
Transitional provision
The provisions of this decree may also be used by health insurance undertakings to draw up the accounts for the financial year beginning on or after 1 January 2003.
Efficacy
This Decree shall take effect on 1 January 2004.
Minister:
Sobotka v. r.
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Regulation Information
| Citation | Decree No. 475 / 2003 Coll., amending Decree No. 503 / 2002 Coll., implementing certain provisions of Act No. 563 / 1991 Coll., on Accounting, as amended, for health insurance companies |
|---|---|
| Regulation Type | Order |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 31.12.2003 |
|---|---|
| Effective from | 01.01.2004 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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