Ministry of Finance of the Russian Federation. According to accounting "statement of cash flows" Cash flows from investing activities

"On approval of the Regulations on accounting"Movement report Money"(PBU 23/2011)"

Edition of 02.02.2011 - Valid from 01.01.2011

MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

ORDER
dated February 2, 2011 N 11n

ON APPROVAL OF THE ACCOUNTING REGULATION "CASH FLOW STATEMENT" (PBU 23/2011)

In order to improve the legal regulation in the field of accounting and financial statements and in accordance with the Regulations on the Ministry of Finance of the Russian Federation, approved by Decree of the Government of the Russian Federation of June 30, 2004 N 329 (Collected Legislation of the Russian Federation, 2004, N 31, Art. 3258; N 49, Art. 4908; 2005, N 23 , item 2270; N 52, item 5755; 2006, N 32, item 3569; N 47, item 4900; 2007, N 23, item 2801; N 45, item 5491; 2008, N 5, item 411; N 46, item 5337; 2009, N 3, item 378; N 6, item 738; N 8, item 973; N 11, item 1312; N 26, item 3212; N 31, 3954; 2010, N 5, item 531; N 9, item 967; N 11, item 1224; N 26, item 3350; N 38, item 4844; 2011, N 1, item 238) , I order:

1. Approve the attached Accounting Regulation "Cash Flow Statement" (PBU 23/2011).

2. Establish that this Order comes into force starting from the financial statements for 2011.

Deputy
Prime Minister
Russian Federation -
Minister of Finance
Russian Federation
A.L. KUDRIN

APPROVED
Order of the Ministry of Finance
Russian Federation
dated 02.02.2011 N 11n

ACCOUNTING REGULATION "CASH FLOW STATEMENT" (PBU 23/2011)

I. General provisions

1. This Regulation establishes the rules for compiling a cash flow statement commercial organizations(excluding credit institutions) that are legal entities according to the legislation of the Russian Federation (hereinafter referred to as organizations).

This Regulation does not apply when compiling an organization's reporting for internal purposes, reporting compiled for state statistical observation, reporting information submitted to a credit institution in accordance with its requirements, and reporting information for other special purposes, if the rules for compiling such reporting and information do not provide application of this Regulation.

3. The cash flow statement is included in the financial statements of the organization.

4. The cash flow statement is drawn up on the basis of the general requirements for the organization's financial statements established by regulatory legal acts on accounting, and the requirements established by this Regulation.

5. The cash flow statement is a summary of data on cash, as well as highly liquid financial investments that can be easily converted into a known amount of cash and which are subject to an insignificant risk of changes in value (hereinafter referred to as cash equivalents). Cash equivalents may include, for example, open in credit organizations demand deposits.

6. The cash flow statement reflects the organization's payments and receipts of cash and cash equivalents into the organization (hereinafter referred to as the organization's cash flows), as well as cash and cash equivalent balances at the beginning and end of the reporting period.

The organization's cash flows are not:

a) cash payments related to their investment in cash equivalents;

b) cash receipts from the repayment of cash equivalents (excluding accrued interest);

c) foreign exchange operations (except for losses or gains from the operation);

d) exchange of some cash equivalents for other cash equivalents (except for losses or benefits from the transaction);

e) other similar payments to the organization and receipts to the organization that change the composition of cash or cash equivalents, but do not change their total amount, including receiving cash from a bank account, transferring funds from one account of an organization to another account of the same organization.

II. Classification of cash flows

7. Cash flows of the organization are divided into cash flows from current, investment and financial operations.

8. The cash flows of an organization are classified depending on the nature of the transactions with which they are associated, as well as on how information about them is used to make decisions by users of the organization's financial statements.

9. Cash flows of the organization from transactions related to the implementation ordinary activities revenue generating entities are classified as cash flows from current operations. Cash flows from current operations, as a rule, are associated with the formation of profit (loss) of the organization from sales.

Information on cash flows from current operations shows users of the organization's financial statements the level of provision of the organization with funds sufficient to repay loans, maintain the organization's activities at the level of existing production volumes, pay dividends and new investments without attracting external sources of financing. Information about the composition of cash flows from current operations in prior periods, combined with other information presented in an entity's financial statements, provides a basis for predicting future cash flows from current operations.

Examples of cash flows from current operations are:

a) proceeds from the sale to buyers (customers) of products and goods, the performance of work, the provision of services;

b) receipts of lease payments, royalties, commissions and other similar payments;

c) payments to suppliers (contractors) for raw materials, materials, works, services;

d) remuneration of employees of the organization, as well as payments in their favor to third parties;

e) corporate income tax payments (with the exception of cases where corporate income tax is directly related to cash flows from investment or financial transactions);

f) payment of interest on debt obligations, with the exception of interest included in the value of investment assets in accordance with the Accounting Regulation "Accounting for expenses on loans and credits" (PBU 15/2008), approved by Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 107n (registered with the Ministry of Justice of the Russian Federation on October 27, 2008, registration number 12523) as amended by Orders of the Ministry of Finance of the Russian Federation dated October 25, 2010 No. 132n (registered with the Ministry of Justice of the Russian Federation on November 25, 2010, registration number 19048), dated November 8, 2010 N 144n (registered with the Ministry of Justice of the Russian Federation on December 1, 2010, registration number 19088) (hereinafter - PBU 15/2008);

g) receipt of interest on accounts receivable buyers (customers);

h) cash flows from financial investments acquired for the purpose of their resale in the short term (usually within three months).

10. Cash flows of the organization from transactions related to the acquisition, creation or disposal of current assets entities are classified as cash flows from investment operations.

Information on cash flows from investment operations shows users of the organization's financial statements the level of expenses the organization has made to acquire or create non-current assets that provide future cash receipts.

Examples of cash flows from investment operations are:

a) payments to suppliers (contractors) and employees of the organization in connection with the acquisition, creation, modernization, reconstruction and preparation for the use of non-current assets, including the costs of research, development and technological work;

b) payment of interest on debt obligations included in the value of investment assets in accordance with PBU 15/2008;

c) proceeds from the sale of non-current assets;

d) payments in connection with the acquisition of shares (participation interests) in other organizations, with the exception of financial investments purchased for the purpose of resale in the short term;

e) proceeds from the sale of shares (participation interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;

f) granting loans to other persons;

g) return of loans granted to other persons;

h) payments in connection with the acquisition of debt valuable papers(rights to claim funds to other persons), with the exception of financial investments acquired for the purpose of resale in the short term;

i) proceeds from the sale of debt securities (rights to claim funds from other persons), with the exception of financial investments acquired for the purpose of resale in the short term;

j) dividends and similar receipts from equity participation in other organizations;

k) receipt of interest on debt financial investments, except for those acquired for the purpose of resale in the short term.

11. The cash flows of the organization from operations related to the attraction of financing by the organization on a debt or equity basis, leading to a change in the size and structure of capital and borrowed money entities are classified as cash flows from financial transactions.

Information on cash flows from financial operations provides a basis for forecasting the requirements of creditors and shareholders (participants) in relation to the organization's future cash flows, as well as the organization's future needs for raising debt and equity financing.

Examples of cash flows from an entity's financial transactions are:

a) cash deposits of owners (participants), proceeds from the issue of shares, increase in participation interests;

b) payments to owners (participants) in connection with the redemption of shares (participatory interests) of the organization from them or their withdrawal from the membership;

c) payment of dividends and other payments for the distribution of profits in favor of owners (participants);

d) proceeds from the issuance of bonds, bills of exchange and other debt securities;

e) payments in connection with the redemption (redemption) of promissory notes and other debt securities;

f) receiving credits and loans from other persons;

g) return of credits and loans received from other persons.

12. Cash flows of an organization that cannot be unambiguously classified in accordance with paragraphs 8-11 of this Regulation are classified as cash flows from current operations.

13. Payments and receipts from the same transaction may refer to different types of cash flows. For example, payment of interest is a cash flow from current operations, and repayment of principal is a cash flow from financial operations. When repaying a loan in cash, both of these parts can be paid in one amount. In this case, the organization divides a single amount into the appropriate parts, followed by a separate classification of cash flows and their separate reflection in the cash flow statement.

III. Reflection of cash flows

14. The organization's cash flows are reflected in the cash flow statement with a division into cash flows from current, investment and financial operations.

15. Each significant type of receipts of cash and (or) cash equivalents to the organization is reflected in the statement of cash flows separately from payments to the organization, unless otherwise provided by these Regulations.

16. Cash flows are reflected in the cash flow statement in cases where they characterize not so much the activities of the organization as the activities of its counterparties, and (or) when receipts from some persons determine the corresponding payments to other persons. Examples of such cash flows are:

a) cash flows of a commission agent or agent in connection with the performance of commission or agency services by them (with the exception of fees for the services themselves);

b) indirect taxes as part of receipts from buyers and customers, payments to suppliers and contractors and payments in budget system Russian Federation or reimbursement from it;

c) receipts from the counterparty in respect of reimbursement of utility bills and the implementation of these payments in rental and other similar relations;

d) payment for the transportation of goods with the receipt of equivalent compensation from the counterparty.

17. Cash flows are presented in the statement of cash flows on a net basis when they are characterized by rapid turnover, large amounts and short repayment periods. Examples of such cash flows are:

a) mutually conditional payments and receipts for settlements using bank cards;

b) purchase and resale of financial investments;

c) implementation of short-term (as a rule, up to three months) financial investments at the expense of borrowed funds.

18. Indicators of the statement of cash flows of the organization are reflected in the currency of the Russian Federation - rubles.

The amount of cash flows in foreign currency converted into rubles at the official exchange rate of this foreign currency to the ruble, established central bank Russian Federation on the date of making or receiving the payment. In the event of an insignificant change in the official exchange rate of a foreign currency against the ruble established by the Central Bank of the Russian Federation, the conversion into rubles associated with the performance of a large number of homogeneous transactions in such foreign currency may be carried out at the average rate calculated for a month or a shorter period.

If, immediately after receipt in foreign currency, the organization, as part of its normal activities, changes the amount of foreign currency received into rubles, then the cash flow is reflected in the cash flow statement in the amount of actually received rubles without intermediate conversion of foreign currency into rubles. If, shortly before a payment in foreign currency, an organization, as part of its normal activities, exchanges rubles for the required amount of foreign currency, then the cash flow is reflected in the cash flow statement in the amount of rubles actually paid without intermediate conversion of foreign currency into rubles.

19. Balances of cash and cash equivalents in foreign currency at the beginning and end of the reporting period are reflected in the statement of cash flows in rubles in the amount determined in accordance with the Accounting Regulation "Accounting for assets and liabilities whose value is expressed in foreign currency "(PBU 3/2006), approved by Order of the Ministry of Finance of the Russian Federation of November 27, 2006 N 154n (registered with the Ministry of Justice of the Russian Federation on January 17, 2007, registration number 8788), as amended by Orders of the Ministry of Finance of the Russian Federation of December 25, 2007 N 147n (registered with the Ministry of Justice of the Russian Federation on January 28, 2008, registration number 11007), dated October 25, 2010 N 132n (registered with the Ministry of Justice of the Russian Federation on November 25, 2010, registration number 19048) .

The difference arising in connection with the recalculation of the organization's cash flows and cash and cash equivalents in foreign currency at exchange rates on different dates is reflected in the cash flow statement separately from the organization's current, investment and financial cash flows as the impact of changes in the foreign exchange rate at in relation to the ruble.

20. Significant cash flows of an organization between it and business entities or partnerships that are subsidiaries, affiliates or principals of the organization are reflected separately from similar cash flows between the organization and other persons.

IV. Disclosure of information in financial statements

21. If an organization provides additional explanations to any indicator of the cash flow statement in its financial statements, then the corresponding item of the cash flow statement should contain a link to these explanations.

22. An organization discloses the composition of cash and cash equivalents and reconciles the amounts presented in the cash flow statement with the relevant balance sheet items.

23. The organization discloses as part of information about its adopted accounting policy the approaches used to separate cash equivalents from other financial investments, to classify cash flows not specified in paragraphs 9-11 of this Regulation, to convert the amount of cash flows in foreign currency into rubles, for a summary presentation of cash flows, as well as other explanations necessary for understanding the information presented in the cash flow statement.

24. The organization discloses the opportunities available as of the reporting date to raise additional funds, including:

a) the amounts opened by the organization, but not used by it credit lines indicating all established restrictions on the use of such credit resources (including the amounts of mandatory minimum (minimum) balances);

b) the amount of funds that can be received by the organization on the terms of an overdraft;

c) guarantees of third parties received by the organization that were not used as of the reporting date to obtain a loan, indicating the amount of funds that the organization can attract;

d) amounts of loans (credits) not received as of the reporting date under the concluded loan agreements ( loan agreements) indicating the reasons for such a shortfall.

25. The Organization discloses, taking into account materiality, the following information:

a) available significant amounts of cash (or their equivalents) that, as of the reporting date, are not available for use by the organization (for example, letters of credit opened in favor of other organizations for transactions in progress as of the reporting date), indicating the reasons for these restrictions;

b) the amount of cash flows associated with maintaining the activities of the organization at the level of existing production volumes, separately from the cash flows associated with the expansion of the scale of these activities;

c) cash flows from current, investment and financial transactions for each reporting segment, determined in accordance with the Accounting Regulation "Information on Segments" (PBU 12/2010), approved by Order of the Ministry of Finance of the Russian Federation dated November 8, 2010 N 143n (registered with the Ministry of Justice of the Russian Federation on December 14, 2010, registration number 19171);

d) funds in letters of credit opened in favor of the organization, together with information about the fact that the organization has fulfilled obligations under the agreement using a letter of credit as of the reporting date. If the obligations under the agreement with the use of a letter of credit are fulfilled by the organization, but the funds of the letter of credit are not credited to its settlement or other account, then the reasons and amounts of non-credited funds are disclosed.

Comparative characteristics RAS 23/2011 and IFRS 7 Statement of Cash Flows

Accounting information in the current conditions of the institutional business environment is becoming the most important and relevant in the development of a new accounting methodology adequate to the conditions of globalization and integration. Introduction of International Standards financial reporting(IFRS) is the most important step in creating a favorable investment climate and, accordingly, financial growth.

Currently, Russian accounting regulations (RAP) are being converged with International Financial Reporting Standards (IFRS). One of the proofs of this is the emergence of PBU 23/2011, which is an analogue of IAS 7 Statement of Cash Flows.

In 2011, by Order of the Ministry of Finance of Russia dated 02.02.2011 N 11n, a new Accounting Regulation “Cash Flow Statement” (PBU 23/2011) was approved. For the first time in Russian practice there was order in how to reflect cash and cash flows in the statement of cash flows. PBU 23/2011 is mainly aimed at a detailed disclosure of the concepts and principles for classifying cash flows. However, unlike IFRS (IAS) 7, it does not contain methods for generating cash flows.

There is a difference in the definition of cash equivalents. The definition of cash equivalents given in IAS 7 clearly refers to them as short-term, highly liquid investments that are easily convertible into known amounts of cash and are subject to an insignificant risk of changes in their value, while PBU 23/2011 does not distinguish between the maturity of financial investments .

According to the classification of cash flows, investments of funds in other objects for a period of up to 1 year are classified as short-term cash flow, for a period of more than 1 year - as long-term cash flow. It should also be taken into account that the adoption of a period of 1 year as a criterion for separating cash flows by their duration is conditional.

An accountant, in accordance with PBU 23/2011, as a result of applying his professional judgment, can attribute both short-term and long-term financial investments to cash equivalents. The latter, in turn, contradict one of the conditions for recognizing financial investments as cash equivalents, namely, financial investments must be subject to an insignificant risk of changes in their value.

Long-term financial investments contradict this condition, since it is very difficult to predict and calculate the degree of risk of changes in the value of financial investments in the long term due to the fact that changes in value may be associated with uncontrollable and unforeseen external events. In addition, attributing long-term financial investments to cash equivalents will underestimate the balance of cash flows from investment operations.

In other words, the activity of the organization for investment activities decreases, since debt securities (rights to claim funds from other persons) are taken into account for investment activities, with the exception of financial investments acquired for the purpose of resale in the short term. But on the other hand, the reclassification of long-term financial investments into cash equivalents will have an impact on the change in the solvency of the organization, on which creditors focus their attention. Thus, current, quick and absolute liquidity ratios will be overestimated.

As a result of classifying short-term or long-term financial investments as cash equivalents in accordance with PBU 23/2011, a reclassification occurs in the items of current assets or in the items of current assets and non-current assets, respectively. The amount of cash and their equivalents is increasing, which, as a result, leads to an overestimation of solvency and liquidity indicators.

After analyzing the above differences, we can conclude that the Russian standard provides considerable freedom to the accountant in using his professional judgment when classifying financial investments as cash equivalents. A definition of cash equivalents under IFRS is more accurate and specific, since only short-term financial investments can be attributed to them.

However, under IAS 7, an accountant may have questions related to the term "investment" (in RAS the term "financial investment" is used). This issue can also be resolved by the accountant by using his professional judgment, taking into account the provisions of IFRS.

It should be noted that PBU 23/2011 does not define either operating or current activities, but uses such a concept as "cash flows from current operations".

In IFRS (IAS) 7, the definition of operating activities is set out briefly and quite clearly, that is, an accountant, having determined which operations he classifies as investment and financial activities, all other operations related to the main income-generating activities and other activities, classify as operating activities.

The situation is quite different in RAP, which define "cash flows from current operations". In accordance with this definition, cash flows from current operations can include cash flows from ordinary species revenue generating activities. In addition, there is the following addition to this definition: cash flows from current operations, as a rule, are associated with the formation of profit (loss) of the organization from sales.

There are also differences in cash flows from operating activities between RAS and IFRS. The first difference is a consequence of differences in the scope of IFRS (IAS) 7 and PBU 23/2011. That is, in accordance with IFRS (IAS) 7, examples of cash flows from operating activities include cash receipts and payments under contracts concluded for commercial or trading purposes, while according to PBU 23/2011, cash flows from current operations include, For example:

payment of interest on debt obligations, with the exception of interest included in the cost of investment assets;

receipt of interest on accounts receivable of buyers (customers);

The second characteristic feature associated with the cash flows of insurance organizations is the cash receipts and payments of the insurance company for insurance premiums, claims, annuities and other insurance benefits are given in the examples of cash flows from operating activities in IFRS (IAS) 7, while in PBU 23 / 2011 nothing was said about the cash flows of insurance companies. This difference is due to the fact that for commercial organizations that carry out specific types of activities (in this case, insurance companies), there is its own legal framework.

There is also a difference in the qualification of the interest received. IAS 7 allows interest earned to be attributed to both operating and investing activities, depending on the professional judgment of the accountant. To the first type, the accountant can attribute interest income, based on the fact that these incomes are included in the definition of profit, to the second type of activity - referring to the fact that these incomes represent income from investments. The choice of one or another type of activity fully satisfies the definitions of the corresponding types of activity given in IAS 7. When choosing to classify these incomes as investment activities, the balance of cash flows from operating activities and the negative balance of cash flows from investment activities will be underestimated, which is an unfavorable indicator of the enterprise's activity for users of financial statements.

Accounting Regulation 23/2011 classifies interest income on debt financial investments, except for those acquired for the purpose of resale in the short term, as cash flows from investment operations. The assignment of interest received on financial investments to the investment operations of the organization does not contradict the definition of cash flows from investment operations, since these receipts are associated with the acquisition of non-current assets of the enterprise.

International Financial Reporting Standard (IAS) 7 provides more room for the accountant to exercise their professional judgment in classifying interest received as one type of cash flow or another.

There are also differences in the definition of investment activity. First, it should be noted that PBU 23/2011 does not define investment activities specifically, but uses such a concept as "cash flows from investment operations" (as was described in the case of operating activities). Secondly, in accordance with RAR, cash flows from investment operations can only include operations related to changes in non-current assets, that is, they are immediately limited to the concept of long-term. And in accordance with IFRS, investment activities, as well as PBU 23/2011, include activities related to long-term assets, and the distinguishing point is that other investments that the accountant, in his professional judgment, do not classified as cash equivalents.

Therefore, short-term investments can also be classified as investment activities, since cash equivalents under IAS 7 are only short-term highly liquid investments, for which sums of money receivable and there is an insignificant risk of changes in their value. Regarding investing activities, IFRS also provide the accountant with more possibilities to exercise their professional judgment, which is consistent with the examples listed in IAS 7 relating to investing activities.

There are also differences in the instructions on how to prepare a cash flow statement. In accordance with IFRS (IAS) 7, the statement of cash flows in terms of reflecting cash flows from operating activities can be prepared using the direct and indirect methods. The direct method, in turn, is also divided into two compilation options: information is taken from accounts or the amounts of revenue, cost and other items of the statement of comprehensive income are adjusted (in RAS - a statement of financial results). The statement of cash flows in terms of reflecting investment and financial activities is compiled only by the direct method. In accordance with the approved form of the cash flow statement in RAS, it is prepared using the direct method.

It should be noted that when applying one or another type and method of calculating cash flow, it should be remembered that whole line problems can reduce its informative value.

The structure and composition of the cash flow statement indicators in accordance with PBU 23/2011 and IFRS 7 “Cash Flow Statement” is presented in Table 1.4. The presented information allows you to visually see the differences between PBU 23/2011 and its international counterpart.

Table 1.4

Structure and composition of indicators of the cash flow statement

Name
Presentation of cash flows from investing activities	In accordance with clause 10, this is the movement of money on transactions related to the acquisition, creation or disposal of the company's non-current assets, information on cash flows from investment operations shows users of the organization's financial statements the level of the organization's costs incurred to acquire or create non-current assets that provide cash receipts in future.	Investment activity - the acquisition and sale of long-term assets and other investments that are not related to cash equivalents (clause 6 of IFRS 7). IFRS 7 does not include investments that are cash equivalents in investing activities. In accordance with paragraph 7 of IFRS 7, an investment, in order to qualify as a cash equivalent, must be easily convertible to a certain amount of cash, and be subject to an insignificant risk of changes in value (paragraph 15 of IFRS 7).
Presentation of cash flows from financing activities	In accordance with paragraph 11, the movement of money from operations related to raising financing on a debt or equity basis, leading to a change in the size and structure of the capital and borrowed funds of the company. Information on cash flows from financial operations provides a basis for forecasting the requirements of creditors and shareholders (participants) in relation to the future cash flows of the organization, as well as the future needs of the organization in raising debt and equity financing of cash flows from financial activities	Bank loans are usually viewed as a financial activity. However, if bank overdrafts, repayable on demand, form an integral part of an entity's cash management, they are included as a component of cash and cash equivalents (paragraph 8 of IFRS 7).
Presentation of cash flows from operating activities	In accordance with paragraph 9, this is an activity related to the implementation of the usual detail of the organization that generates revenue. The organization's cash flows from current operations, as a rule, are associated with the organization's profit (loss) from sales.	An entity must present cash flows from operating activities using either the direct method or the indirect method (paragraph 18 of IFRS 7).
Possibility to use the net method	In accordance with clause 16, cash flows are shown on a net basis when cash flows characterize not so much the activities of the organization as the activities of its counterparties, and (or) when receipts from some persons cause corresponding payments to other persons. In accordance with paragraph 17, cash flows are shown on a net basis when cash flows are characterized by rapid turnover, large amounts and short repayment periods.	In accordance with paragraph 22 of IFRS 7, cash flows arising from operating, investing or financing activities may be presented in the cash flow statement in a net assessment: (a) cash receipts and payments on behalf of customers, where the cash flows reflect the activities of the customer rather than those of the company; And (b) cash receipts and payments for items with fast turnover, large amounts, and short maturities.
Disclosure of Information on the Payment of Dividends	In accordance with paragraph 9, information on cash flows from current operations shows users of the organization's financial statements the level of provision of the organization with funds sufficient to repay loans, maintain the organization's activities at the level of existing production volumes, pay dividends and new investments without attracting external sources of financing. Information about the composition of cash flows from current operations in prior periods, combined with other information presented in an entity's financial statements, provides a basis for predicting future cash flows from current operations.	In accordance with paragraph 34 of IFRS 7, dividends paid can be classified as financial cash flows, as they are costs of raising financial resources. At the same time, in order to assist users in determining a company's ability to pay dividends from operating cash flows, dividends paid may be classified as a component of operating cash flows.
Disclosure of information on income tax payments	In accordance with clause 9 (subclause e) as part of current activities (except for cases where corporate income tax is directly related to cash flows from investment or financial transactions).	Cash flows arising in connection with income tax must be disclosed separately and classified as cash flows from operating (current) activities, unless they can be specifically linked to financial or investment activities (clauses 35, 36 of IFRS 7).
Disclosure of funds not available for use	In accordance with paragraph 25, the organization discloses the following information, taking into account materiality: date of transactions) indicating the reasons for these restrictions.	Paragraph 48 of IFRS 7 requires an entity to disclose, together with management's commentary, the amount of significant cash and cash equivalents held but not available for use.

Chapter 1 Conclusions

Cash is financial resources organizations, the most highly liquid assets, possible to ensure the fulfillment of obligations of any level and type. The timeliness of repayment depends on their availability. accounts payable organizations.

Functions of money; medium of exchange, measure of value, store of value, means of payment and world money.

Main normative document regulating new order conducting cash transactions, is Bank of Russia Ordinance No. 3210-U dated March 11, 2014 “On the Procedure for Conducting Cash Transactions by Legal Entities and the Simplified Procedure for Conducting Cash Transactions by Individual Entrepreneurs and Small Business Entities”, which entered into force on June 4, 2014. According to the new order, for individual entrepreneurs and small businesses (small businesses) the limit on the amount of cash on hand has been lifted. The limit rule remained only for organizations that are not related to small businesses. In the conditions of recognition of IFRS as official in the territory of the Russian Federation, it becomes necessary to analyze the provisions Russian position accounting RAS 23/2011 with its international counterpart IAS 7 Statement of Cash Flows. Comparative characteristics of these documents showed that there are a number of significant differences in the order of reflection of cash flows when compiling a cash flow statement for Russian and international rules. International Financial Reporting Standard (IAS) 7 provides more opportunities for an accountant to exercise their professional judgment in generating cash flows.

Order of the Ministry of Finance of the Russian Federation dated February 2, 2011 No. 11n “On Approval of the Accounting Regulation “Cash Flow Statement” (PBU 23/2011)” was registered with the Ministry of Justice on March 23, 2011.

The Regulation establishes that the cash flow statement reflects the organization's payments and receipts of cash (flows) into it, as well as the balances at the beginning and end of the reporting period. Clause 6 of part 1 of the Regulation lists those payments and receipts that are not cash flows.

The cash flows of the organization show the level of provision of the organization with funds sufficient to repay loans, maintain activities, etc. without external funding.

The organization's cash flows are reflected in the cash flow statement with a subdivision into cash flows from current, investment and financial operations.

Accordingly, examples of cash flows from current operations are given in paragraph 9 of Part 2. These include receipts directly from the sale of products, rent, payments to suppliers, compensation of employees, etc.

Examples of cash flows from investment operations are receipts or payments associated with shares, dividends from equity interests in other organizations, etc. Such flows are listed in detail in paragraph 10 of Part 2.

Flows from financial transactions include cash deposits of owners (participants), proceeds from the issue of shares, increases in participation interests, payments to owners (participants) in connection with the repurchase of shares (participation interests) of the organization from them or their withdrawal from the membership, receipt of loans and borrowings from other persons, etc. They can be found in clause 11, part 2 of the document.

All significant cash flows are reflected in the report. They can be reflected in a collapsed way in cases where they characterize not so much the activities of the organization as the activities of its counterparties, when receipts from some persons determine the corresponding payments to others, and also when they are characterized by fast turnover, large amounts and short repayment periods.

All indicators must be presented in rubles. Flows in foreign currency are converted into rubles at the exchange rate on the day of receipt or payment.

The difference arising in connection with the recalculation of the organization's cash flows and balances in foreign currency at exchange rates on different dates is reflected in the cash flow statement separately from the rest as the impact of changes in the exchange rate of foreign currency against the ruble. The cash flows associated with the activities of subsidiaries are also separately reflected.

The presence of additional explanations is accompanied by a link in the corresponding article.

Clause 24, part 4 of the Regulations lists the funds that can be attracted by the organization and which also need to be disclosed in the report.

The document comes into force starting with the financial statements for 2011, but cannot serve as a basis for imposing sanctions on organizations for failure to comply with the instructions contained therein until it is published.

MINISTRY OF FINANCE OF THE RUSSIAN FEDERATION

ORDER

On approval of the Accounting Regulations "Cash Flow Statement" (PBU 23/2011)

In order to improve legal regulation in the field of accounting and financial reporting and in accordance with the Regulations on the Ministry of Finance of the Russian Federation, approved by Decree of the Government of the Russian Federation of June 30, 2004 N 329 (Collected Legislation of the Russian Federation, 2004, N 31, art. 3258; N 49, item 4908; 2005, N 23, item 2270; N 52, item 5755; 2006, N 32, item 3569; N 47, item 4900; 2007, N 23, item 2801; No. 45, item 5491; 2008, N 5, item 411; N 46, item 5337; 2009, N 3, item 378; N 6, item 738; N 8, item 973; N 11, item .1312; N 26, item 3212; N 31, item 3954; 2010, N 5, item 531; N 9, item 967; N 11, item 1224; N 26, item 3350; N 38, 4844; 2011, N 1, article 238),

I order:

1. Approve the attached Accounting Regulation "Cash Flow Statement" (PBU 23/2011).

2. Establish that this order comes into force starting with the financial statements for 2011.

Deputy
Prime Minister
Russian Federation -
Minister of Finance
Russian Federation
A. Kudrin

Registered
at the Ministry of Justice
Russian Federation
March 29, 2011
registration N 20336

Accounting Regulations "Cash Flow Statement" (PBU 23/2011)

I. General provisions

1. This Regulation establishes the rules for compiling a cash flow statement by commercial organizations (except for credit institutions) that are legal entities under the laws of the Russian Federation (hereinafter referred to as organizations).

2. This Regulation is applied to the preparation of a cash flow statement in cases where the preparation and (or) presentation and (or) publication of this report are provided for by the legislation of the Russian Federation or regulatory legal acts, as well as when the organization has voluntarily decided to present and (or) publication of such report.

This Regulation does not apply when compiling an organization's reporting for internal purposes, reporting compiled for state statistical observation, reporting information submitted to a credit institution in accordance with its requirements, and reporting information for other special purposes, if the rules for compiling such reporting and information do not provide application of this Regulation.

3. The cash flow statement is included in the financial statements of the organization.

a) cash payments related to their investment in cash equivalents;

b) cash receipts from the repayment of cash equivalents (excluding accrued interest);

c) foreign exchange operations (except for losses or gains from the operation);

d) exchange of some cash equivalents for other cash equivalents (except for losses or benefits from the transaction);

II. Classification of cash flows

7. Cash flows of the organization are divided into cash flows from current, investment and financial operations.

9. An entity's cash flows from transactions related to the ordinary activities of a revenue-generating entity are classified as cash flows from current operations. Cash flows from current operations, as a rule, are associated with the formation of profit (loss) of the organization from sales.

Information on cash flows from current operations shows users of the organization's financial statements the level of provision of the organization with funds sufficient to repay loans, maintain the organization's activities at the level of existing production volumes, pay dividends and new investments without attracting external sources of financing. Information about the composition of cash flows from current operations in prior periods, combined with other information presented in an entity's financial statements, provides a basis for predicting future cash flows from current operations. Examples of cash flows from current operations are:

a) proceeds from the sale to buyers (customers) of products and goods, the performance of work, the provision of services;

b) receipts of lease payments, royalties, commissions and other similar payments;

c) payments to suppliers (contractors) for raw materials, materials, works, services;

d) remuneration of employees of the organization, as well as payments in their favor to third parties;

e) corporate income tax payments (with the exception of cases where corporate income tax is directly related to cash flows from investment or financial transactions);

f) payment of interest on debt obligations, with the exception of interest included in the value of investment assets in accordance with the Accounting Regulation "Accounting for expenses on loans and credits" (PBU 15/2008), approved by order of the Ministry of Finance of the Russian Federation dated October 6, 2008 N 107n (registered with the Ministry of Justice of the Russian Federation on October 27, 2008, registration number 12523) as amended by orders of the Ministry of Finance of the Russian Federation dated October 25, 2010 N 132n (registered with the Ministry of Justice of the Russian Federation on November 25, 2010, registration number 19048) , dated November 8, 2010 N 144n (registered with the Ministry of Justice of the Russian Federation on December 1, 2010, registration number 19088) (hereinafter - PBU 15/2008);

g) receipt of interest on accounts receivable of buyers (customers);

h) cash flows from financial investments acquired for the purpose of their resale in the short term (usually within three months).

10. An organization's cash flows from operations related to the acquisition, creation or disposal of the organization's non-current assets are classified as cash flows from investment operations.

Information on cash flows from investment operations shows users of the organization's financial statements the level of expenses the organization has made to acquire or create non-current assets that provide future cash receipts.

Examples of cash flows from investment operations are:

b) payment of interest on debt obligations included in the value of investment assets in accordance with PBU 15/2008;

c) proceeds from the sale of non-current assets;

d) payments in connection with the acquisition of shares (interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;

e) proceeds from the sale of shares (participation interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;

f) granting loans to other persons;

g) return of loans granted to other persons;

h) payments in connection with the acquisition of debt securities (rights to claim funds from other persons), with the exception of financial investments acquired for the purpose of resale in the short term;

i) proceeds from the sale of debt securities (rights to claim funds from other persons), with the exception of financial investments acquired for the purpose of resale in the short term;

j) dividends and similar receipts from equity participation in other organizations;

k) receipt of interest on debt financial investments, except for those acquired for the purpose of resale in the short term.

11. The organization's cash flows from operations related to the organization's attraction of financing on a debt or equity basis, leading to a change in the size and structure of the organization's capital and borrowings, are classified as cash flows from financial operations.

Information on cash flows from financial operations provides a basis for forecasting the requirements of creditors and shareholders (participants) in relation to the organization's future cash flows, as well as the organization's future needs for raising debt and equity financing.

Examples of cash flows from an entity's financial transactions are:

a) cash deposits of owners (participants), proceeds from the issue of shares, increase in participation interests;

b) payments to owners (participants) in connection with the redemption of shares (participatory interests) of the organization from them or their withdrawal from the membership;

c) payment of dividends and other payments for the distribution of profits in favor of owners (participants);

d) proceeds from the issuance of bonds, bills of exchange and other debt securities;

e) payments in connection with the redemption (redemption) of promissory notes and other debt securities;

f) receiving credits and loans from other persons;

g) return of credits and loans received from other persons.

12. Cash flows of an organization that cannot be unambiguously classified in accordance with paragraphs 8-11 of this Regulation are classified as cash flows from current operations.

III. Reflection of cash flows

14. The organization's cash flows are reflected in the cash flow statement with a division into cash flows from current, investment and financial operations.

a) cash flows of a commission agent or agent in connection with the performance of commission or agency services by them (with the exception of fees for the services themselves);

b) indirect taxes as part of receipts from buyers and customers, payments to suppliers and contractors, and payments to or reimbursement from the budgetary system of the Russian Federation.

c) receipts from the counterparty in respect of reimbursement of utility bills and the implementation of these payments in rental and other similar relations;

d) payment for the transportation of goods with the receipt of equivalent compensation from the counterparty.

17. Cash flows are presented in the statement of cash flows on a net basis when they are characterized by rapid turnover, large amounts and short repayment periods. Examples of such cash flows are:

a) mutually conditional payments and receipts for settlements using bank cards;

b) purchase and resale of financial investments;

c) implementation of short-term (as a rule, up to three months) financial investments at the expense of borrowed funds.

18. Indicators of the statement of cash flows of the organization are reflected in the currency of the Russian Federation - rubles.

The amount of cash flows in foreign currency is converted into rubles at the official exchange rate of this foreign currency to the ruble, established by the Central Bank of the Russian Federation on the date of making or receiving the payment. In the event of an insignificant change in the official exchange rate of a foreign currency against the ruble established by the Central Bank of the Russian Federation, the conversion into rubles associated with the performance of a large number of homogeneous transactions in such foreign currency may be carried out at the average rate calculated for a month or a shorter period.

If, immediately after receipt in foreign currency, the organization, as part of its normal activities, changes the amount of foreign currency received into rubles, then the cash flow is reflected in the cash flow statement in the amount of actually received rubles without intermediate conversion of foreign currency into rubles. If, shortly before a payment in foreign currency, an organization, as part of its normal activities, exchanges rubles for the required amount of foreign currency, then the cash flow is reflected in the cash flow statement in the amount of rubles actually paid without intermediate conversion of foreign currency into rubles.

19. Balances of cash and cash equivalents in foreign currency at the beginning and end of the reporting period are reflected in the statement of cash flows in rubles in the amount determined in accordance with the Accounting Regulation "Accounting for assets and liabilities whose value is expressed in foreign currency "(PBU 3/2006), approved by order of the Ministry of Finance of the Russian Federation of November 27, 2006 N 154n (registered with the Ministry of Justice of the Russian Federation on January 17, 2007, registration number 8788) as amended by orders of the Ministry of Finance of the Russian Federation of December 25, 2007 year N 147n (registered with the Ministry of Justice of the Russian Federation on January 28, 2008, registration number 11007), dated October 25, 2010 N 132n (registered with the Ministry of Justice of the Russian Federation on November 25, 2010, registration number 19048).

The difference arising in connection with the recalculation of the organization's cash flows and cash and cash equivalents in foreign currency at exchange rates on different dates is reflected in the cash flow statement separately from the organization's current, investment and financial cash flows as the impact of changes in the foreign exchange rate at in relation to the ruble.

IV. Disclosure of information in financial statements

22. An organization discloses the composition of cash and cash equivalents and reconciles the amounts presented in the cash flow statement with the relevant balance sheet items.

23. The organization discloses, as part of the information on the accounting policy adopted by it, the approaches used to separate cash equivalents from other financial investments, to classify cash flows not specified in paragraphs 9-11 of this Regulation, to convert the amount of cash flows in foreign currency into rubles, for a summary of the presentation of cash flows, as well as other explanations necessary to understand the information presented in the statement of cash flows.

24. The organization discloses the opportunities available as of the reporting date to raise additional funds, including:

a) the amounts of open organizations, but not used credit lines by it, indicating all established restrictions on the use of such credit resources (including the amounts of mandatory minimum (minimum) balances);

b) the amount of funds that can be received by the organization on the terms of an overdraft;

c) guarantees of third parties received by the organization that were not used as of the reporting date to obtain a loan, indicating the amount of funds that the organization can attract;

d) the amount of loans (credits) not received as of the reporting date under the concluded loan agreements (credit agreements), indicating the reasons for such a shortfall.

25. The Organization discloses, taking into account materiality, the following information:

c) cash flows from current, investment and financial transactions for each reporting segment, determined in accordance with the Accounting Regulation "Information on Segments" (PBU 12/2010), approved by Order of the Ministry of Finance of the Russian Federation dated November 8, 2010 N 143n ( registered with the Ministry of Justice of the Russian Federation on December 14, 2010, registration number 19171);

Approved
Order of the Ministry of Finance
Russian Federation
dated 02.02.2011 N 11n

REGULATION ON ACCOUNTING
"CASH FLOW STATEMENT" (PBU 23/2011)

I. General provisions

1. Present Regulations establishes the rules for compiling a statement of cash flows funds to commercial organizations and (with the exception of credit institutions) that are legal entities under the laws of the Russian Federation (hereinafter referred to as organizations).

2. This Regulation is applied for compilation in cases where the compilation and (or) presentation and (or) publication of this report is provided for by the legislation of the Russian Federation or regulatory legal acts, as well as when the organization has voluntarily decided to submit and (or) publish such report.

3. The cash flow statement is part of the financial statements of the organization.

4. compiled on the basis of the general requirements for the organization's financial statements established by regulatory legal acts on accounting, and the requirements established by this Regulation.

5. Cash flow statement is a summary of data about cash, as well as highly liquid financial investments that can be easily converted into a known amount Money and which are subject to an insignificant risk of changes in value (hereinafter referred to as cash equivalents). Cash equivalents may include, for example, demand deposits opened with credit institutions.

6. B reflects the organization's payments and receipts to the organization Money and cash equivalents (hereinafter referred to as cash flows of the organization), as well as balances Money and cash equivalents at the beginning and end of the reporting period.

The organization's cash flows are not:

a) payments Money associated with investing them in cash equivalents;
b) receipts Money from the repayment of cash equivalents (excluding accrued interest);
c) foreign exchange operations (except for losses or gains from the operation);
d) exchange of some cash equivalents for other cash equivalents (except for losses or benefits from the transaction);
e) other similar payments to the organization and receipts to the organization that change the composition Money or cash equivalents, but not changing their total amount, including receiving cash from a bank account, transferring Money from one account of an organization to another account of the same organization.

II. Classification of cash flows

7. Cash flows of the organization are divided into cash flows from current, investment and financial operations.

Examples of cash flows from current operations are:

a) proceeds from the sale to buyers (customers) of products and goods, the performance of work, the provision of services;
b) receipts of lease payments, royalties, commissions and other similar payments;
c) payments to suppliers (contractors) for raw materials, materials, works, services;
d) remuneration of employees of the organization, as well as payments in their favor to third parties;
e) corporate income tax payments (with the exception of cases where corporate income tax is directly related to cash flows from investment or financial transactions);
f) payment of interest on debt obligations, with the exception of interest included in the value of investment assets in accordance with the Accounting Regulation "Accounting for expenses on loans and credits" (PBU 15/2008), approved by Order of the Ministry of Finance of the Russian Federation dated October 6, 2008 No. 107n (registered with the Ministry of Justice of the Russian Federation on October 27, 2008, registration number 12523) as amended by Orders of the Ministry of Finance of the Russian Federation dated October 25, 2010 No. 132n (registered with the Ministry of Justice of the Russian Federation on November 25, 2010, registration number 19048), dated November 8, 2010 N 144n (registered with the Ministry of Justice of the Russian Federation on December 1, 2010, registration number 19088) (hereinafter - PBU 15/2008);
g) receipt of interest on accounts receivable of buyers (customers);
h) cash flows from financial investments acquired for the purpose of their resale in the short term (usually within three months).

10. An organization's cash flows from operations related to the acquisition, creation or disposal of the organization's non-current assets are classified as cash flows from investment operations.

Examples of cash flows from investment operations are:

a) payments to suppliers (contractors) and employees of the organization in connection with the acquisition, creation, modernization, reconstruction and preparation for the use of non-current assets, including the costs of research, development and technological work;
b) payment of interest on debt obligations included in the value of investment assets in accordance with PBU 15/2008;
c) proceeds from the sale of non-current assets;
d) payments in connection with the acquisition of shares (interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;
e) proceeds from the sale of shares (participation interests) in other organizations, with the exception of financial investments acquired for the purpose of resale in the short term;
f) granting loans to other persons;
g) return of loans granted to other persons;
h) payments in connection with the acquisition of debt securities (claims Money to other persons), with the exception of financial investments acquired for the purpose of resale in the short term;
i) proceeds from the sale of debt securities (rights to claim Money to other persons), with the exception of financial investments acquired for the purpose of resale in the short term;
j) dividends and similar receipts from equity participation in other organizations;
k) receipt of interest on debt financial investments, except for those acquired for the purpose of resale in the short term.

Examples of cash flows from an entity's financial transactions are:

a) cash deposits of owners (participants), proceeds from the issue of shares, increase in participation interests;
b) payments to owners (participants) in connection with the redemption of shares (participatory interests) of the organization from them or their withdrawal from the membership;
c) payment of dividends and other payments for the distribution of profits in favor of owners (participants);
d) proceeds from the issuance of bonds, bills of exchange and other debt securities;
e) payments in connection with the redemption (redemption) of promissory notes and other debt securities;
f) receiving credits and loans from other persons;
g) return of credits and loans received from other persons.

12. Cash flows of an organization that cannot be unambiguously classified in accordance with paragraphs 8-11 of this Regulation are classified as cash flows from current operations.

13. Payments and receipts from the same transaction may refer to different types of cash flows. For example, payment of interest is a cash flow from current operations, and repayment of principal is a cash flow from financial operations. When repaying a loan in cash, both of these parts can be paid in one amount. In this case, the entity divides a single amount into the appropriate parts, followed by a separate classification of cash flows and their separate reflection in cash flow statement.

III. Reflection of cash flows

14. Cash flows of the organization are reflected in cash flow statement with a division into cash flows from current, investment and financial transactions.

15. Each material type of income to the organization Money and (or) cash equivalents is reflected in cash flow statement separately from the payments of the organization, unless otherwise provided by these Regulations.

16. Cash flows are reflected in cash flow statement minimized in cases where they characterize not so much the activities of the organization as the activities of its counterparties, and (or) when receipts from some persons determine the corresponding payments to other persons. Examples of such cash flows are:

a) cash flows of a commission agent or agent in connection with the performance of commission or agency services by them (with the exception of fees for the services themselves);
b) indirect taxes as part of receipts from buyers and customers, payments to suppliers and contractors, and payments to or reimbursement from the budgetary system of the Russian Federation;
c) receipts from the counterparty in respect of reimbursement of utility bills and the implementation of these payments in rental and other similar relations;
d) payment for the transportation of goods with the receipt of equivalent compensation from the counterparty.

17. Cash flows are reflected in cash flow statement curtailed in cases where they are characterized by fast turnover, large amounts and short repayment periods. Examples of such cash flows are:

a) mutually conditional payments and receipts for settlements using bank cards;
b) purchase and resale of financial investments;
c) implementation of short-term (as a rule, up to three months) financial investments at the expense of borrowed funds.

18. Indicators cash flow statement organizations are reflected in the currency of the Russian Federation - rubles.

The amount of cash flows in foreign currency is converted into rubles at the official exchange rate of this foreign currency to the ruble, established by the Central Bank of the Russian Federation on the date of making or receiving the payment. In the event of an insignificant change in the official exchange rate of a foreign currency against the ruble established by the Central Bank of the Russian Federation, the conversion into rubles associated with the performance of a large number of homogeneous transactions in such foreign currency may be carried out at the average rate calculated for a month or a shorter period.

If, immediately after receipt in foreign currency, the organization, as part of its normal activities, changes the amount of foreign currency received into rubles, then the cash flow is reflected in cash flow statement in the amount of actually received rubles without intermediate conversion of foreign currency into rubles. If, shortly before a payment in foreign currency, the organization, as part of its normal activities, changes rubles for the required amount of foreign currency, then the cash flow is reflected in cash flow statement in the amount of actually paid rubles without intermediate conversion of foreign currency into rubles.

19. Leftovers Money and cash equivalents in foreign currency at the beginning and end of the reporting period are reflected in cash flow statement in rubles in the amount determined in accordance with the Accounting Regulation "Accounting for Assets and Liabilities Denominated in Foreign Currency" (PBU 3/2006), approved by Order of the Ministry of Finance of the Russian Federation of November 27, 2006 N 154n (registered in the Ministry of Justice of the Russian Federation on January 17, 2007, registration number 8788), as amended by Orders of the Ministry of Finance of the Russian Federation dated December 25, 2007 N 147n (registered with the Ministry of Justice of the Russian Federation on January 28, 2008, registration number 11007) , dated October 25, 2010 N 132n (registered with the Ministry of Justice of the Russian Federation on November 25, 2010, registration number 19048).

The difference arising from the translation of the entity's cash flows and balances Money and cash equivalents in foreign currency at exchange rates on different dates, is reflected in cash flow statement separately from the current, investment and financial cash flows of the organization as the impact of changes in the exchange rate of foreign currency against the ruble.

IV. Disclosure of information in financial statements

21. If any indicator cash flow statement the organization presents additional explanations in its financial statements, then the corresponding article cash flow statement should contain a link to these explanations.

22. The organization discloses the composition Money and cash equivalents and represents a link between the amounts presented in cash flow statement, with the corresponding balance sheet items.

23. The Organization discloses, as part of the information on the accounting policy adopted by it, the approaches used to separate cash equivalents from other financial investments, to classify cash flows not specified in paragraphs 9-11 of these Regulations, to convert the amount of cash flows in foreign currency into rubles, for a condensed presentation of cash flows, as well as other explanations necessary for understanding the information presented in cash flow statement.

24. The organization discloses the opportunities available as of the reporting date to raise additional funds, including:

a) the amounts of credit lines opened by the organization, but not used by it, indicating all established restrictions on the use of such credit resources (including the amounts of mandatory minimum (minimum) balances);
b) value Money, which can be received by the organization on the terms of an overdraft;
c) third-party guarantees received by the organization that were not used as of the reporting date to obtain a loan, indicating the amount Money that the organization can attract;
d) the amount of loans (credits) not received as of the reporting date under the concluded loan agreements (credit agreements), indicating the reasons for such a shortfall.

25. The Organization discloses, taking into account materiality, the following information:

a) significant amounts available Money(or their equivalents) that are not available for use by the organization as of the reporting date (for example, letters of credit opened in favor of other organizations for transactions not completed as of the reporting date), indicating the reasons for these restrictions;
b) the amount of cash flows associated with maintaining the activities of the organization at the level of existing production volumes, separately from the cash flows associated with the expansion of the scale of these activities;
c) cash flows from current, investment and financial transactions for each reporting segment, determined in accordance with the Accounting Regulation "Information on Segments" (PBU 12/2010), approved by Order of the Ministry of Finance of the Russian Federation dated November 8, 2010 N 143n (registered with the Ministry of Justice of the Russian Federation on December 14, 2010, registration number 19171);
d) funds in letters of credit opened in favor of the organization, together with information about the fact that the organization has fulfilled obligations under the agreement using a letter of credit as of the reporting date. If the obligations under the agreement with the use of a letter of credit are fulfilled by the organization, but the funds of the letter of credit are not credited to its settlement or other account, then the reasons and amounts of non-credited funds are disclosed.

Ministry of Finance of the Russian Federation. According to accounting "statement of cash flows" Cash flows from investing activities