HAMAG BI( RO Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO ("Agency ") FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT FOR THE YEAR 2017 HAMAG *(l'-R Page INDEPENDENT AUDITOR'S REPORT 2-4 FINANCIAL STATEMENTS Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 5-32 Balance sheet as at 31 December 2017 on the form: BIL 33 -39 Statement on changes in value and range of assets and liabilities on the form: P-VRIO 40-41 NOTES TO THE FINANCIAL STATEMENTS 42 -60 II~ ~ 1(",\(, MOORE STEPHENS AUDIT ZAGREB REV[ZIUSKF USLUGE, ZAGREB Audit d.o.o. za revizijske usluge Radni6ka cesta 54 10000 Zagreb HRVATSKA Tel:+385 (0) 1 3667 994 Fax:+385 (0) 1 3667 997 E-mail:audit-revizija@audit.hr INDEPENDENT AUDITOR'S REPORT To the Board of Governors of the Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO Opinion We have audited the accompanying financial statements of Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO, Ksaver 208, Zagreb for the year 2017, which comprise Balance sheet as at 31 December 2017 on the form: BIL, Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS, Statement on changes in value and range of assets and liabilities on the form: P-VRIO and the Notes that complete the Balance Sheet and the Statement on revenues and expenditures, receipts and spending. In our opinion, except for the effects of the matters described in our Report under points li/ and /iii/ of the paragraph Basis for Qualified Opinion and the possible effects of the matter described under point (ii) in our Report of the paragraph Basis for Qualified Opinion, the accompanying financial statements of the Croatian Agency for Small Businesses, Innovations and Investments HAMAG-BICRO for 2017, give a true and fair view of the financial position and performance of the Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO in accordance with the State Budget Act, Regulations on State Budget accounting and accounting plan and Regulations on State Budget financial reporting. Basis for Qualified Opinion /il As stated in the Note 1 to the financial statements, on the Business Innovation Agency of the Republic of Croatia - BICRO, established by the merger of the Croatian Institute of Technology (HIT) and the Business Innovation Center of Croatia (BICRO), were transferred activities of the merged companies related to the implementation of the programs which were financed from the state budget as well as assets, equipment, financial rights and obligations and other documentation. We were not able to obtain sufficient audit evidence to assure the completeness and accuracy of the transfer of the stated assets and liabilities. /ii/ In the Balance sheet as at 31 December 2017, are stated receivables from the protested guarantees as part of the position Loans to non-public sector companies (AOP 091) in the amount of HRK 139,068,107, as part of the postion Loans to domestic craftsmen (AOP 092 ) in the amount of HRK 123,688,588, and on postions Receivables on income from assets (AOP 151) are interest receivable in the amount of HRK 15,718,723, which amounts to HRK 278,475,418 of protested guarantees. Based on the presented documentation, it is certain that some of these claims will not be collected. Due to above stated, according to our estimates, it is necessary to make value adjustment of those receivables in the amount of at least HRK 147 million. 2 LDIT MOORE STEPHENS AUDIT ZAGREB REVIZIJSKE: ULUGJE, ZAGREB //iii/ As stated in the Note 11 to the Financial Statements, in Balance sheet of the Agency as at 31 December 2017, as part of the position Loans to non-public sector companies (AOP 091), amounting to HRK 273,920,774, are stated also the conditional loans receivables from the New Reason Program in the amount of HRK 5,344,726. These receivables refer to the commercialized loan in the amount of HRK 12,573,861, and as well as the related sources are less stated for the amount of HRK 7,229,136, because of the error loans for which the commercialization requirement was not fulfilled were booked out twice. We conducted our audit in accordance with Auditing Act and International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the annual financial statements section of our Independent Auditor's report. We are independent of Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO in accordance with the Code of Ethics for Professional Accountants (IESBA Code) and we have fulfilled our other ethical responsibilities in accordance with the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Emphasis of Matter We draw attention is to the Note 7 Off - balance sheet records, in which is stated that the Agency, as part of its core business for the funds allocated to program beneficiaries, issued guarantees, mostly to the banks, in the amount of HRK 1,616 million, payable on call. In the period from the year 2012 to the year 2017, the Agency issued guarantees totalling HRK 1,890 million and paid an amount of the HRK 301 million protested guarantees. Considering past payments trend for the protested guarantees and the recorded number of issued guarantees of HRK 1,616 million, if this trend continues in the forthcoming periods, this can lead to significant cash outflows in the future. Our opinion has not been modified in this regard. Other Matter The financial statements of the Agency for the year ended 31 December 2016 were audited by the auditing company KPMG Croatia d.o.o., Zagreb which expressed in Independent Auditor's report dated 14 June 2017 Disclaimer of opinion on those annual financial statements. Responsibilities of the Management Board The Management Board of Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO is responsible for the preparation of the financial statements in accordance with the State Budget Act, Regulations on State Budget accounting and accounting plan and Regulations on State Budget financial reporting and for such internal controls as the Management Board determines necessary to enable the preparation of annual financial statements that are free from material misstatement, whether due to fraud or error. In preparing the annual financial statements, the Management Board is responsible for assessing the ability of the Agency to continue as a going concern, disclosing, if applicable, matters related to going concern and using the going concern basis of accounting. Those charged with governance are responsible for overseeing the financial reporting process established by the Agency. 3 (DI MOORE STEPHENS UDI- AUDIT ZAGREB Auditor's Responsibilities for the Audit of the Annual Financial Statements Our objectives are to obtain reasonable assurance about whether the annual financial statements of Croatian Agency for Small Business, Innovation and Investment HAMAG- BICRO a whole are free from material misstatement, whether due to fraud or error, and to issue an Independent Auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these annual financial statements. As part of an audit in accordance with ISAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also: * Identify and assess the risks of material misstatement of the annual financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of internal controls of the Agency * Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Management Board of the Agency. * Evaluate the overall presentation, structure and content of the annual financial statements, including the disclosures, and whether the annual financial statements of the Agency represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. In Zagreb, 31 May 2018 AUDIT d.o.o. Radnidka cesta 54 10000 Zagreb b6rko Karic, director Dubravka Tr§inar, Certified Auditor 4 Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS Realized in Realized in the the Index Account in NAME AOP reporting reporting acct. plan period of pringo period of previous current year year (5/4) 1 2 3 4 5 6 6 OPERATING INCOME (AOP 1 417.571.872 254.632.108 61 002+039+045+074+105+123+130+136) 61 Income from taxes (AOP 003+012+018+024+032+035) 2 0 0 - 611 Taxes and surtaxes on income (AOP 004 to 009 - 010 - 011) 3 0 0 - 6111 Taxes and surtaxes on income from employment 4 0 0 6112 Taxes and surtaxes on income from self-employment 5 0 0 - 6113 Taxes and surtaxes on income from property and property rights 6 0 0 - 6114 Taxes and surcharges on capital income 7 0 0 6115 Tax and surtax on annual report 8 0 0 - 6116 Taxes and surtaxes on income determined in the supervisory 0 0 - procedure for previous years 0 6117 Tax and surtax return on annual report 10 0 0 - 6119 Return of multiple income tax for decentralized functions 11 0 0 - 612 Income tax (AOP 013 to 016 - 017) 12 0 0 - 6121 Income tax from entrepreneurs 13 0 0 - 6122 Withholding tax for royalty fees and services 14 0 0 - 6123 Withholding tax for interest, dividends and profit shares 15 0 0 - 6124 Income tax from annual report 16 0 0 - 6125 Income tax return on annual report 17 0 0 - 613 Property taxes (AOP 019 to 023) 18 0 0 - 6131 Permanent taxes on immovable property 19 0 0 - 6132 Tax on inheritance and gifts 20 0 0 - 6133 Tax on Capital and Financial Transactions 21 0 0 - 6134 Temporary property taxes 22 0 0 - 6135 Other permanent property taxes 23 0 01 614 Taxes on goods and services (AOP 025 to 031) 24 0 01 6141 VAT 25 0 0 - 6142 Sales tax 26 0 0 - 6143 Special taxes and excise duties 27 0 0 - 6145 Taxes on the use of goods or performing activities 28 0 0 - 6146 Other taxes on goods and services 29 0 0 - 6147 Taxes on winnings from gambling and other taxes from gambling 30 0 0 - 6148 Fees for organizing games of chance 31 0 0 - 615 Taxes on International Trade and Transactions (AOP 033+034) 32 0 0 - 6151 Customs and customs duties 33 0 0 - 6152 Other taxes on international trade and transactions 34 0 0 - 616 Other tax revenues (AOP 036 to 038) 35 0 0 - 6161 Other tax revenues paid by legal persons 36 0 0 - 5 HAMA( BIC RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 6162 Other tax revenues paid by natural persons 37 0 0 6163 Other unallocated revenue from taxes 38 0 0 - 62 Contributions (AOP 040+043+045) 39 0 0 621 Contributions for health insurance (AOP 041+042) 40 0 0 6211 Contributions for mandatory health insurance 41 0 0 - 6212 Contributions for mandatory health insurance in case of work injury 42 0 0 - 622 Contributions for pension insurance (AOP 044) 43 0 0 - 623 Employment contributions 44 0 0- 63 Aids from abroad and from entities within general budget 45 283.861.619 178.039.122 62,7 (AOP 046+049+054+057+060+063+066+069) 631 Assistance from foreign governments (AOP 047+048) 46 0 0 6311 Current aids from foreign governments 47 0 0 - 6312 Capital aids from foreign governments 48 0 0 632 Aids from international organizations and EU institutions and bodies 49 283.836.134 162.062.154 57,1 (AOP 050 till 053) 6321 Current aids from international organizations 50 0 0 - 6322 Capital aids from international organizations 51 0 0 - 6323 Current aids from EU institutions and bodies 52 283.147.332 160.593.768 56,7 6324 Capital aids from EU institutions and bodies 53 688.802 1.468.386 213,2 633 Aids to the budget from other budgets (AOP 055+056) 54 0 0 - 6331 Current aids to the budget from other budgets 55 0 01 6332 Capital aids to the budget from other budgets 56 0 0 - 634 Aids from extra budgetary users (AOP 058+059) 57 25.485 95.655 375,3 6341 Current aids from extra budgetary users 58 25.485 95.655 375,3 6342 Capital aids from extra budgetary users 59 0 0 - 635 Equalization aids for decentralized functions (AOP 061+062) 60 0 0 - 6351 Current equalization aids for decentralized functions 61 0 0 - 6352 Capital equalization aids for decentralized functions 62 0 0 - 636 Aids to budgetary beneficiaries from non-competent budgets (AOP 63 0 1 064+065) 1 0 6361 Current aids to budgetary beneficiaries from non-competent budgets 64 0 0 - 6362 Capital aids to budgetary beneficiaries from non-competent budgets 65 0 0 - 638 Aids from the state budget based on the transfer of EU funds (AOP 66 067+068) 0 0 6381 Current aids from the state budget based on the transfer of EU funds 67 0 0 - 6382 Capital aids from the state budget based on the transfer of EU funds 68 0 0 639 Transfers between budget users of the same budget (AOP 070 to 69 0 15.881.313 - 073) 6391 Current transfers between budget users of the same budget 70 0 15.881.313 - 6392 Capital transfers between budget users of the same budget 71 0 0 - 6393 Current transfers between budget users of the same budget based 72 0 0 - on the transfer of EU funds 6394 Capital transfers between budget users of the same budget based on 730 0 - the transfer of EU funds 64 Income from assets (AOP 075 + 083 + 090 + 098) 74 124.143 3.638.293 2,930,70 641 Income from financial assets (AOP 076 to 082) 75 124.143 3.459.261 2,786,50 6412 Interest income on securities 76 0 0 - 6 HAM AG MC(3O Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 6413 Interest on time deposits and deposits on demand 77 40.984 2.345.288 5.722,40 6414 Default interests 78 0 0 - 6415 Income from foreign exchange gains and differences due to the 79 83.159 0 0 application of foreign currency clause 6416 Dividend income 80 0 0 - 6417 Revenue from corporate income, credit and other financial institutions 81 0 0 - under special regulations 6419 Other income from financial assets 82 0 1.113.973 - 642 Income from nonfinancial assets (AOP 084 to 089) 83 0 0 - 6421 Fees for concessions 84 0 0 - 6422 Income from leasing and leasing of property 85 0 0 - 6423 Fee for using nonfinancial assets 86 0 0 - 6424 Road fees 87 0 0 - 6425 Income from the sale of short-term non-financial assets 88 0 0 - 6429 Other income from financial assets 89 0 0 - 643 Interest income on loans granted (AOP 091 to 097) 90 0 179.032 - 6431 Interest income on given loans to international organizations, 91 0 institutions and bodies of the EU and foreign governments 6432 Interest income on given loans to non-profit organizations, citizens 92 0 0 - and households 6433 Interest income on loans granted to credit and other financial 930 0 - institutions in the public sector 6434 Interest income on government loans to public sector companies 94 0 01 - 6435 Interest income on loans granted to credit and other financial 95 0 - institutions outside the public sector 6436 Interest income on given loans to companies and craftsmen outside 96 0 179,032 - the public sector 6437 Interest income on loans given to other levels of government 97 0 0 - 644 Interest income on given loans by protest warrants (AOP 099 to 104) 98 0 0 - 6442 Interest income on loans given to non-profit organizations, citizens 0 - and households by protesting guarantees 6443 Interest income on loans granted to credit and other financial 100 0 0 - institutions in the public sector by protesting guarantees 6444 Interest income on public loans granted to public companies by 101 0 0 - protested guarantees 6445 Interest income on loans granted to credit and other financial 102 0 0 - institutions outside the public sector by protesting guarantees 6446 Interest income on loans granted to companies and craftsmen 103 0 0 - outside the public sector by protesting guarantees 6447 Interest income on loans granted to other levels of government by 104 0 0 - protesting guarantees Revenue from Administrative and Administrative Fees, Special Fees 0 65 and Fees (AOP 106 + 111 + 119) 105 0 0 - 651 Administrative and Administrative Fees (AOP 107 to 110) 106 0 0 - 6511 State administrative and court fees 107 0 0 - 6512 County, city and municipal fees and fees 108 0 0 - 7 HAMAG BI( RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 6513 Other administrative fees and fees 109 0 01 6514 Other fees and fees 110 0 0 652 Revenue by special regulations (AOP 112 to 118) i11 0 0 6521 State Budget Revenues 112 0 0 - 6522 Water management income 113 0 0 - 6524 Contributions to forests 114 0 01 6525 Local self-help 115 0 0 - 6526 Other unrecognized income 116 0 0 - 6527 Fees from financial assets 117 0 0 6528 Income from the employer's cash benefits due to the disability of 118 0 persons with disabilities 0 653 Communal Contributions and Fees (AOP 120 to 122) 119 0 0 6531 Communal contributions 120 0 0 6532 Communal fees 121 0 01 6533 Connection fees 122 0 0 - 66 Revenues from sales of goods and goods and services provided and 123 31.301 27.957 89,3 donated revenues (AOP 124 + 127) 1 3 1 2 661 Income from sales of goods and goods and services provided (AOP 124 31.301 27.957 89,3 125 +126)1 1 1 6614 Revenue from sales of goods and merchandise 125 0 0 - 6615 Revenue from services rendered 126 31.301 27.957 89,3 663 Donations from legal and natural persons outside the general budget 127 0 (AOP 128 + 129) 0 6631 Current donations 128 0 0 - 6632 Capital donations 129 0 0- 67 Revenues from the competent budget and from the HZZO on the 130 133.554.809 72.796.004 54,5 basis of contractual obligations (AOP 131 + 135) 1 1 I 671 Revenues from the competent budget for the regular budgeting of 131 133.554.809 72.796.004 54,5 budget users (AOP 132 to 134) r 6711 Revenues from the competent budget for financing operating 132 62.249.412 20.587.235 33,1 6712 Revenues from the competent budget to finance expenditures for the 133 316.716 653.347 206,3 acquisition of nonfinancial assets 6714 Revenues from the competent budget to finance expenditure on 134 70.988.681 51-555422 72,6 financial assets and repayment of loans 673 Revenues from HZZO based on contractual obligations 135 0 0 - 68 Penalties, Administrative Measures and Other Income (AOP 137 + 136 0 130.732 - 681 Penalties and Administrative Measures (AOP 138 to 146) 137 0 0 - 6811 Penalties for customs offenses 138 0 0 - 6812 Penalties for Foreign Exchange Offenses 139 0 0 - 6813 Tax Penalties 140 0 0 - 6814 Penalties for Trademark Offenses - Economic Crimes 141 0 01 6815 Penalties for traffic and other offenses within the jurisdiction of the 142 0 0 - Ministry of Interior 6816 Penalties and other measures in criminal proceedings 143 0 0 - 6817 Minor offenses on cultural goods 144 0 0 6818 Administrative measures 145 0 0 - 6819 Other penalties 146 0 0 683 Other income 147 0 130.732 8 HAMA C1(? RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 3 OPERATING EXPENSES (AOP 149 + 160 + 193 + 212 + 221 + 246 148 69.478.571 58.012.902 83,5 + 257) 1 1 5 31 Expenditures for employees (AOP 150 + 155 + 156) 149 15.571.795 21.868.274 140,4 311 Wages (gross) (AOP 151 to 154) 150 13.032.250 18.367.239 140,9 3111 Salary for regular work 151 12.908 074 17.838.546 138,2 3112 Wages in kind 152 68.159 66.217 97,2 3113 Overtime pay 153 56.017 462.476 825,6 3114 Salaries for special working conditions 154 0 0 - 312 Other expenditures for employees 155 544.962 843.158 154,7 313 Contributions on salaries (AOP 157 to 159) 156 1.994.583 2.657.877 133,3 3131 Contributions for pension insurance 157 0 0 - 3132 Compulsory health insurance contributions 158 1.797.444 2.402.557 133,7 3133 Contributions to compulsory unemployment insurance 159 197.139 255.320 129,5 32 Material Expenses (AOP 161 + 166 + 174 + 184 + 185) 160 7.917.443 10.832.929 136,8 321 Reimbursements to employees (AOP 162 to 165) 161 992.558 1.737.303 175 3211 Business trips 162 339.606 610.566 179,8 3212 Fees for transportation, field work and a separate life 163 482.098 726.693 150,7 3213 Professional training of employees 164 161.954 392.786 242,5 3214 Other reimbursements to employees 165 8.900 7.258 81,6 322 Material and Energy Expenditures (AOP 167 to 173) 166 819.367 962.806 117,5 3221 Office supplies and other material expense 167 278.254 384.981 138,4 3222 Material and raw materials 168 0 01 3223 Energy 169 509.136 470.018 92.3 3224 Material and parts for current and investment maintenance 170 2.122 16.677 785,9 3225 Small inventory and car tires 171 15.582 14.101 90.5 3226 Disposable Military Equipment 172 0 0 - 3227 Official, working and protective clothing and footwear 173 14.273 77.029 539,7 323 Expense for services (AOP 175 to 183) 174 5.401.576 7.076.567 131 3231 Phone, mail and transport services 175 334.467 432.802 129,4 3232 Current and investment maintenance services 176 771.803 880.509 114,1 3233 Promotion and information services 177 1.671.716 1.618.118 96,8 3234 Utilities 178 652.042 520.490 79,8 3235 Leases and rent 179 335.654 598.021 178,2 3236 Health and veterinary services 180 38.780 34.320 88,5 3237 Intellectual and personal services 181 800.805 1.773.519 221,5 3238 Computer services 182 292.760 452.537 154,6 3239 Other services 183 503.549 766.251 152,2 324 Reimbursement of expenses to persons outside the employment 184 101.461 151.369 149,2 329 Other unrecognized operating expense (AOP 186 to 192) 185 602.481 904.884 150,2 3291 Fees for the work of representative and executive bodies, 186 16.169 35.703 220,8 commissions and similar expenses 3292 Insurance premiums 187 19.193 6.843 35,7 3293 Representation costs 188 278.023 461.373 165,9 3294 Membership and standards 189 194.680 199.771 102,6 3295 Fees and norms 190 55.439 46.469 83,8 3296 Cost of court proceedings 191 0 46.400 - 3299 Other unrecognized operating expenses 192 38.977 108.325 277,9 9 HAMAG 1 RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 34 Financial Expenditure (AOP 194 + 199 + 207) 193 90.238 7.825 8,7 341 Interest on issued securities (AOP 195 to 198) 194 0 0 3411 Interest on issued treasury bills 195 0 0 3412 Interest rates on issued bills of exchange 196 0 0 - 3413 Interest on issued bonds 197 0 0 - 3419 Interest on other securities 198 0 0 342 Interest for received loans and borrowings (AOP 200 to 206) 199 0 0 - 3421 Interest on borrowings and loans from international organizations, EU 200 institutions and bodies and foreign governments 0 0 3422 Interest on borrowings and loans from credit and other financial 201 0 0 - institutions in the public sector 3423 Interest on borrowings and loans from credit and other financial 202 0 0 - institutions outside the public sector 3425 Interest for approved and unrealized loans and borrowings 203 0 0 - 3426 Interest on loans received from public sector companies 204 0 0 - 3427 Interest on loans received from companies outside the public sector 205 0 0 - 3428 Interest on received loans from other levels of government 206 0 0 - 343 Other financial expense (AOP 208 to 211) 207 90.238 7.825 8,7 3431 Banking services and payment services 208 6.631 5.842 88,1 3432 Negative exchange differences and differences due to the application 209 83,607 651 0,8 of the currency clause 3433 Default interest 210 0 70 - 3434 Other unspecified financial expense 211 0 1.262 - 35 Subsidies (AOP 213 + 216 + 220) 212 40.641.309 25.034.478 61,6 351 Subsidies to Public Sector Companies (AOP 214 + 215) 213 18.535.857 3.380.147 18,2 3511 Subsidies to credit and other financial institutions in the public sector 214 0 01 3512 Subsidies to Public Sector Companies 215 18.535.857 3.380.147 18,2 352 Subsidies to companies, cooperatives, farmers and craftsmen 216 22.105.452 18.540.800 83,9 outside the public sector (AOP 217 to 219) 3521 Subsidies to credit and other financial institutions outside the public 217 0 0- sector 3522 Subsidies to companies outside the public sector 218 22.027.313 18.540.589 84,2 3523 Subsidies to farmers and craftsmen 219 78.139 211 0,3 353 Subsidies to companies, cooperatives, farmers and craftsmen from 220 0 3.113.531 EU funds 36 Assistance given abroad and within general budget (AOP 222 + 225 221 0 0 - + 228 + 231 + 234 + 238 + 241) 361 Assistance to foreign governments (AOP 223 + 224) 222 0 0- 3611 Current assistance to foreign governments 223 0 01 3612 Capital assistance to foreign governments 224 0 0 - 362 Assistance to the international organizations and Institutions and 225 bodies of the EU (AOP 226 + 227) 0 0 3621 Current assistance to international organizations and institutions and 226 0 bodies of the EU 2 0 3622 Capital assistance to international organizations and institutions and 227 0 bodies of the EU 0 363 Assistance within the General Budget (AOP 229 + 230) 228 0 0 - 3631 Current assistance within the general budget 229 0 0- 3632 Capital assistance within the general budget 230 0 0 - 10 HAMA RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 366 Assistance to budget users of other budgets (AOP232 + 233) 231 0 0 - 3661 Current assistance to budget users of other budgets 232 0 0 - 3662 Capital assistance to budget users of other budgets 233 0 0 - 367 Transfers to budget users from the competent budget for regular 234 business financing (AOP 235 to 237) 0 0 3672 Transfers to budget users from the relevant budget to finance 235 0 0 - operating expense 3673 Transfers to Budget Users from the Competent Budget for 236 0 0 Purchasing Nonfinancial Assets 3674 Transfers to budget users from the competent budget for financial 237 0 0 assets and loan repayments 368 EU Funds Assistance (AOP239 + 240) 238 0 0 - 3681 Current Assistance by EU Funds Transfer 239 0 0 - 3682 Capital assistance through EU funds transfer 240 0 0 369 Transfers between budget users of the same budget (AOP 242 to 241 0 0 245) 3691 Current transfers between budget users of the same budget 242 0 0 3692 Capital transfers between budget users of the same budget 243 0 0 3693 Current transfers between budget users of the same budget based 244 0 0 on the transfer of EU funds 3694 Capital transfers between budget users of the same budget based on 245 0 0 the transfer of EU funds 37 Compensations to citizens and households based on insurance and 246 20.000 51.425 257,1 other fees (AOP 247 + 253) 371 Compensation to the citizens and households on insurance (AOP 247 0 0 - 248 to 252) 3711 Fees to the citizens and households in money - directly or through 248 0 0 - the institutions outside the public sector 3712 Compensation to the citizens and households in kind - directly or 249 0 0 through the institutions outside the public sector 3713 Fees to the citizens and households in money - through the public- 250 sector institutions 2 0 3714 Compensation to the citizens and households in nature - through the 251 public-sector institutions 0 0 3715 Compensation to the citizens and households based on EU funding 252 0 0 assets 372 Other fees to the citizens and households from the budget (AOP 254 253 20.000 51.425 257,1 to 256) 251 3721 Fees to citizens and households in money 254 20.000 7.714 38,6 3722 Compensation to citizens and households in nature 255 0 0 - 3723 Fees to the citizens and households from EU funds 256 0 43.711 38 Other expenditures (AOP 258 + 262 + 266 + 272) 257 5.237.786 217.971 4,2 381 Current donations (AOP 259 to 261) 258 0 0 - 3811 Current donations in cash 259 0 0 - 3812 Current donations in kind 260 0 0 - 3813 Current donations from EU funds 261 0 0 382 Capital Donations (AOP 263 to 265) 262 0 0 - 3821 Capital donations to non-profit organizations 263 0 0 - 3822 Capital donations to citizens and households 264 0 0 11 HAMAG BC RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 3823 Capital donations from EU funds 265 0 0 383 Penalties, Penalties and Damages (AOP 267 to 271) 266 0 0 - 3831 Damages to legal and natural persons 267 0 0 - 3832 Penalties, bed sheets and more 268 0 0 - 3833 Compensation for employees 269 0 0 - 3834 Contractual penalties and other compensation claims 270 0 0 - 3835 Other penalties 271 0 0 - 386 Capital Assistance (AOP 273 to 276) 272 5.237.786 217.971 4,2 3861 Capital assistance to credit and other financial institutions and public- 273 0 0 - sector companies 3862 Capital assistance to credit and other financial institutions and 274 4.171.355 153.648 3,7 companies outside the public sector 3863 Capital assistance to farmers and craftsmen 275 1.066.431 64.323 6 3864 Capital assistance from EU funds 276 0 0 Inventories of the production and finished goods at the beginning of 277 0 0 - the period Inventories of the production and finished goods at the end of the 278 - period 0 0 Increase in the inventories of the production and finished products 279 0 0 - (AOP 278-277) 0 Decrease in the inventories of the production and finished products 280 1 (AOP 277-278) 2 0 0 - Total Operating Expenditures (AOP 148-279 + 280) 281 69.478.571 58.012.902 83,5 SURPLUS OF OPERATING INCOME (AOP 001-281) 282 348.093.301 196.619.206 56,5 DEFICIT OF OPERATING INCOME (AOP 281-001) 283 0 0 - 92211 Surplus of operating income - transferred 284 110,562.927 349.043.803 315,7 92221 Deficit of business revenue - transferred 285 1.348.427 0 0 96 Accrued operating income - outstanding 286 21.704.153 26.034.085 119,9 9661 Accrued income from sale of products and goods and provided 287 0 0 services - outstanding 9673 Accrued income from budget for financing regular activities of budget 288 0 0 Income and expenses from non - financial assets I 7 Income from sale of non-financial assets (AOP 290 + 302 + 335 + 289 0 0 1339)10 71 Income from sale of non-produced long-term assets (AOP 291 + 295) 290 0 0 - 711 Income from the sale of tangible assets - natural resources (AOP 292 291 0 0 - to 294)00 7111 Land 292 0 0 - 7112 Mineral wealth 293 0 0 - 7113 Income from sale of other natural tangible assets 294 0 01 712 Income from sale of intangible assets (AOP 296 to 301) 295 0 0 - 7121 Patents 296 0 0 7122 Concessions 297 0 0- 7123 License 298 0 0 - 7124 Other rights 299 0 01 7125 goodwill 300 0 0 - 7126 Other intangible assets 301 0 0- 72 Income from sale of produced long-term assets (AOP 303 + 308 + 302 0 317 + 322 + 327 + 330) 0 12 HAMAG BIC RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 721 Income from sale of buildings (AOP 304 to 307) 303 0 0 7211 Living facilities 304 0 0 7212 Business facilities 305 0 0 7213 Roads, railways and other traffic facilities 306 0 0 7214 Other construction facilities 307 0 0 722 Income from sale of plant and equipment (AOP 309 to 316) 308 0 0 - 7221 Office equipment and furniture 309 0 0 - 7222 Communication equipment 310 0 0 - 7223 Maintenance and protection equipment 311 0 0 - 7224 Medical and laboratory equipment 312 0 0 - 7225 Instruments, appliances and machines 313 0 0 - 7226 Sports and musical equipment 314 0 0 - 7227 Devices, machines and equipment for other purposes 315 0 0 - 7228 Military equipment 316 0 0 - 723 Income from sale of transportation vehicles (AOP 318 to 321) 317 0 0 - 7231 Road transportation vehicles 318 0 0 - 7232 Railway transportation vehicles 319 0 0 - 7233 Sea and river transportation vehicles 320 0 0 - 7234 Air transportation vehicles 321 0 0 - 724 Revenues from sales of books, works of art and other exhibits (AOP 322 0 323 to 326) 3 7241 books 323 0 0 - 7242 Art works (exhibited in galleries, museums and the like) 324 0 0 - 7243 Museum exhibitions and objects of natural rarities 325 0 0 - 7244 Other non-mentioned exhibition values 326 0 0 - 725 Income from sale of perennial crops and basic herd (AOP 328 + 329) 327 0 0 - 7251 Perennial crops 328 0 0 - 7252 Basic herd 329 0 0 726 Income from sale of intangible assets (AOP 331 to 334) 330 0 0 - 7261 Exploration of mineral resources 331 0 0 - 7262 Investments in computer programs 332 0 0 - 7263 Art, literary and scientific works 333 0 0 - 7264 Other intangible assets 334 0 0 - 73 Income from sale of precious metals and other stored values (AOP 335 0 0 - 336) 731 Income from sale of precious metals and other stored values (AOP 336 0 0 - 337 + 338) 7311 Precious metals and precious stones 337 0 0 - 7312 Stored books, works of art and similar values 338 0 0 - 74 Income from sale of manufactured short-term assets (AOP 340) 339 0 0 - 741 Income from stock sale 340 0 0 - 4 Expenses for the procurement of the long-term non- financial assets 341 1035.818 2.196.541 212,1 (AOP 342 + 354 + 387 + 391 + 393) 41 Expenses for the procurement of the non-produced long-term assets 342 56.420 157.606 279,3 (AOP 343 + 347) 342 1 411 Tangible assets - natural resources (AOP 344 to 346) 343 0 0 4111 Land 344 0 0 4112 Mineral wealth 345 0 0 13 HAA BIC RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 4113 Other tangible assets 346 0 0 - 412 Intangible assets (AOP 348 to 353) 347 56.420 157.606 279,3 4121 Patents 348 0 0 - 4122 Concessions 349 0 0 - 4123 License 350 56.420 157,606 279,3 4124 Other rights 351 0 0 - 4125 Goodwill 352 0 0 - 4126 Other intangible assets 353 0 0 - 42 Expenses for the procurement of the produced long-term assets 354 979.398 2.038.935 208,2 (AOP 355 + 360 + 369 + 374 + 379 + 382) 421 Buildings (AOP 356 to 359) 355 0 0 - 4211 Living facilities 356 0 0 - 4212 Business facilities 357 0 0 - 4213 Roads, railways and other traffic facilities 358 0 0 - 4214 Other construction facilities 359 0 01 422 Plant and Equipment (AOP 361 to 368) 360 509.530 1.182.260 232 4221 Office equipment and furniture 361 503.375 1.154.885 229,4 4222 Communication equipment 362 6.155 23.237 377,5 4223 Maintenance and protection equipment 363 0 0 - 4224 Medical and laboratory equipment 364 0 0 - 4225 Instruments, appliances and machines 365 0 4.138 - 4226 Sports and Musical Equipment 366 0 01 4227 Devices, machines and equipment for other purposes 367 0 0 - 4228 Military equipment 368 0 0 - 423 Transportation vehicles (AOP 370 to 373) 369 265.493 142.438 53,7 4231 Road transport vehicles 370 265.493 142.438 53,7 4232 Railway transportation vehicles 371 0 0 - 4233 Sea and river transportation vehicles 372 0 01 4234 Air transportation vehicles 373 0 0 424 Books, Artworks and Other Exhibits (AOP 375 to 378) 374 0 0 - 4241 Books 375 0 0 - 4242 Art works (exhibited in galleries, museums and the like) 376 0 0 4243 Museum exhibitions and objects of natural rarities 377 0 0 - 4244 Other non-mentioned exhibition values 378 0 0 - 425 Perennial crops and basic herd (AOP 380 + 381) 379 0 0 - 4251 Perennial crops 380 0 0 - 4252 Basic herd 381 0 0 - 426 Intangible Assets (AOP 383 to 386) 382 204.375 714.237 349,5 4261 Exploration of mineral resources 383 0 01 4262 Investments in computer programs 384 204.375 714.237 349,5 4263 Art, literary and scientific works 385 0 0 - 4264 Other intangible assets 386 0 0 - 43 Expenses for the procurement of the precious metals and other 387 0 stored values (AOP 388) 431 Precious metals and other stored values (AOP 389 + 390) 388 0 0 4311 Precious metals and precious stones 389 0 0 - 4312 Stored books, works of art and similar values 390 0 0 14 HAMAG *'I C RO0 Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 34214 Interest on Received Loans and Loans from EU Institutions and 707 0 0 - 34215 Interest on loans received from foreign governments in the EU 708 0 0 34216 Interest on loans received from foreign governments outside the EU 709 0 0 - 34222 Interest on loans received from credit institutions in the public sector 710 0 0 - 34223 Interest on loans received from public sector insurance companies 711 0 0 - 34224 Interest on borrowed loans from other financial institutions in the 712 0 0 - public sector 34233 Interest on loans received from domestic credit institutions outside 713 0 0 - the public sector 34234 Interest on loans received from domestic insurance companies 714 0 0 - outside the public sector 34235 Interest on borrowed loans from other domestic financial institutions 715 0 0 - outside the public sector 34236 Interest on loans received from foreign credit institutions 716 0 0 - 34237 Interest on borrowings received from foreign insurance companies 717 0 0 - 34238 Interest on borrowings received from other foreign financial 718 institutions 7 0 34273 Interest on loans received from non - resident corporations outside 719 the public sector 0 0 34274 Interest on loans received from domestic craftsmen 720 0 0 34275 Interest on borrowings received from foreign companies 721 0 0 - 34281 Interest on government budgets received 722 0 0 34282 Interest receipts from county budgets 723 0 0 34283 Interest receipts for city budget budgets 724 0 0 - 34284 Interest receipts from municipal budgets 725 0 0 34285 Interest on loans received from HZMO, CES, HZZO 726 0 0 Interest on borrowed loans from other budget users of the state 34286 budget 727 0 0 - 34287 Interest on received loans from extrabudgetary users of county, city 728 0 0 and municipal budgets 34341 Discount on issued securities 729 0 35231 Subsidies to farmers 730 0 0 - 35232 Subsidies to craftsmen 731 78.139 211 0,3 36313 Current assistance to the state budget 732 0 0 36314 Current assistance to county budgets 733 0 0 - 36315 Current aid to city budgets 734 0 01 36316 Current assistance to municipal budgets 735 0 0 - 36317 Current assistance to HZMO, CES and HZZO 736 0 0 - 36318 Current assistance to other extrabudgetary users of the state budget 737 0 0 Current assistance to extrabudgetary users of county, city and 36319 municipal budgets 738 0 0 - 36323 Capital assistance to the state budget 739 0 0 36324 Capital assistance in county budgets 740 0 0 - 36325 Capital aids for city budgets 741 0 0 36326 Capital assistance with municipal budgets 742 0 0 - 36327 Capital assistance to HZMO, CES and HZZO 743 0 0 - 24 HAMAG BIC RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 36328 Capital assistance to other budget users of the state budget 744 00 - 36329 Capital assistance to extra-budgetary users of county, city and 745 0 0 - municipal budgets 36811 Current assistance to budget beneficiaries of the state budget based 746 0 0 - on the transfer of EU funds 36812 Current assistance to budget beneficiaries of county budgets based 747 0 0 on the transfer of EU funds 36813 Current assistance to budget users of city budgets based on the 748 0 0 - transfer of EU funds 36814 Current assistance to budget users of municipal budgets based on 740 0 EU funds transfers 36815 Current assistance to county budgets based on the transfer of EU 750 0 0 funds0 36816 Current assistance to city budgets based on EU funds transfer 751 0 0 36817 Current assistance to municipal budgets based on the transfer of EU 752 0 0 funds 36818 Current assistance to extra-budgetary users of the state budget 753 0 0 based on the transfer of EU funds 36819 Current assistance to extrabudgetary users of county, city and 750 0 municipal budgets based on EU funds transfer 36821 Capital assistance to budget beneficiaries of the state budget based 755 0 0 - on the transfer of EU funds 36822 Capital assistance to budget beneficiaries of county budgets based 756 0 0 on the transfer of EU funds 0 36823 Capital assistance to budget users of city budgets based on the 757 0 0 - transfer of EU funds 36824 Capital assistance to budget users of municipal budgets based on the 758 0 0 - transfer of EU funds 36825 Capital assistance to county budgets based on the transfer of EU 759 0 0 - funds 36826 Capital assistance to city budgets based on EU funds transfer 760 0 0 36827 Capital assistance on municipal budgets based on EU funds transfer 761 0 0 - 36828 Capital assistance to extra-budgetary users of the state budget based 762 0 0 on the transfer of EU funds 36829 Capital Assistance to Extrabudgetary Users of County, Town and 763 0 0 - Municipal Budget Based on EU Funds Transfer 37131 Fees for sickness and disability 764 0 0 37132 Health care fees abroad 765 0 37139 Other benefits based on cash collateral 766 0 0 37141 Medical (health) services 767 0 01 37143 Pharmaceutical products 768 0 0 37144 Help and care at home 769 0 0 37149 Other indemnity insurance benefits 770 0 0 37211 Fee for child allowance 771 0 0 37212 Help families and households 772 0 0 25 HAMAG BICRO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 37213 Help people with disabilities 773 0 0 - 37214 Pension and supplements - special regulation 774 0 0 37215 Scholarships and scholarships 775 20.000 7.714 38,6 37216 Aid for former political prisoners and indefensible detainees 776 0 0 - 37217 Breastfeeding and equipment for the new- borns 777 0 0 - 37218 Help to the unemployed people 778 0 0 - 37219 Other cash benefits 779 0 0 - 37221 Co-financing of transport costs 780 0 0 - 37222 Help and care at home 781 0 0- 37223 habitation 782 0 0- 37224 Meals 783 0 0 - 37229 Other fees from the budget in kind 784 0 0 - 38117 Current donations to citizens and households 785 0 0 38612 Capital Aid to Public Sector Companies 786 0 0 - 38613 Capital assistance to credit institutions in the public sector 787 0 0 - 38614 Capital assistance to insurance companies in the public sector 788 0 0 - 38615 Capital assistance to other financial institutions in the public sector 789 0 0 - 38622 Capital assistance to companies outside the public sector 790 4.171.355 153.648 3,7 38623 Capital assistance to credit institutions outside the public sector 791 0 0 - 38624 Capital assistance to insurance companies outside the public sector 792 0 0 - 38625 Capital assistance to other financial institutions outside the public 793 0 0 sector 38626 Capital assistance to cooperatives 794 0 0 38631 Capital assistance to farmers 795 0 0 - 38632 Capital assistance to craftsmen 796 1.066.431 64.323 6 38641 Capital assistance to public sector entities from EU funds 797 0 0 38642 Capital assistance to non-public sector entities from EU funds 798 0 0 81212 Return on loans to non-profit organizations, households and 790 0 - households in the country - long-term 81213 Return of Loans to Non-Profit Organizations, Citizens and Domestic 800 0 0 - Households by Protested Guarantees 81322 Loans to credit institutions in the public sector - long-term 801 0 0 - 81323 The repayment of loans to credit institutions in the public sector by 802 0 0 - protested guarantees 81332 Return on loans to public sector insurance companies - long-term 803 0 0 - 81333 Return of loans to insurance companies in the public sector by 804 0 0 - protesting guarantees 81342 Loans to other financial institutions in the public sector - long-term 805 0 0 - 81343 The repayment of loans granted to other financial institutions in the 806 0 0 - public sector by protested guarantees 81411 Return on loans to public sector companies - short-term 807 0 0 - 81412 The repayment of loans to public sector companies - long-term 808 0 0 - 81413 The repayment of loans to companies in the public sector by 809 0 0 - protested guarantees 81532 The repayment of loans granted to domestic credit institutions outside 810 0 0 - the public sector - long-term 26 HAMAG RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 81533 Return of Loans to Domestic Credit institutions Outside the Public 811 0 0 - Sector Against Protested Guarantees 81542 Return on loans extended to non-public insurance companies - long- 812 0 0 term 81543 Return of Loans to Domestic Insurance Companies Outside the 813 0 0 Public Sector Against Protested Guarantees 81552 The repayment of loans granted to other domestic financial 814 0 0 - institutions outside the public sector - long-term 81553 The repayment of loans granted to other domestic financial 815 institutions outside the public sector by protesting guarantees 0 0 81631 The repayment of loans to non-public sector companies - short-term 816 0 0 - 81632 The repayment of loans to non-public sector companies - long-term 817 0 2.176.188 - 81633 Return of Loans to Non-Public Sector Companies by Protested 818 0 0 - Guarantees 81641 Return of loans to domestic craftsmen - short-term 819 0 0 - 81642 Return on loans to domestic craftsmen - long-term 820 0 490.842 - 81643 Return of Loans to Domestic Craftsmen by Protested Guarantees 821 0 0 - 81711 Loans back to the state budget - short-term 822 0 0 - 81712 Loans back to the state budget - long-term 823 0 0 - 81721 The repayment of loans given by county budgets - short-term 824 0 0 - 81722 The repayment of loans given by county budgets - long-term 825 0 0 - 81723 The repayment of loan budgets to county budgets by protested 826 0 0 - guaranties 81731 Return on loans given by city budgets - short-term 827 0 0 - 81732 Return on loans given by city budgets - long-term 828 0 0 - 81733 The repayment of loan budgets to city budgets by protested 829 0 0 - guarantors 81741 Return on loans provided by municipal budgets - short-term 830 0 0 - 81742 Return on loans given by municipal budgets - long-term 831 0 0 - 81743 The repayment of loans given to municipal budgets by protested 832 guarantees 8 0 0 81751 Loans returned to HZMO, CES and HZZO - short-term 833 0 0 81752 The repayment of loans given to HZMO, CES and HZZO - long-term 834 0 0 - 81753 Return of Loans to HZMO, CES and HZZO for protest warrants 835 0 0 - 81761 The repayment of loans to other non-budgetary budget beneficiaries - 836 0 0 - short-term 81762 The repayment of loans to other non-budgetary users of the state 837 0 0 - budget - long-term 81763 The repayment of loans granted to other non-budgetary users of the 838 0 0 state budget by protested guarantees 81771 Repayment of loans to extra-budgetary users of the county, city and 839 0 0 - municipal budgets - short-term 81772 Repayment of loans to extra-budgetary users of the county, city and 840 0 0 - municipal budgets - long-term 81773 Repayment of loans to extra-budgetary users of the county, city and 841 0 0 - municipal budgets by protested guarantees 82412 Other securities - domestic - long-term 842 0 0 27 HAMAG B( R) Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 44 Expenses for the procurement of the short-term assets (AOP 392) 391 0 0 - 441 Costs for stockpiling 392 0 0 - 45 Expenses for the additional investments in the non -financial assets 393 (AOPs 394 to 397) 0 0 451 Additional investment in construction facilities 394 0 0 - 452 Additional investment in plant and equipment 395 0 0 - 453 Additional investment on the means of transport 396 0 0 - 454 Additional investment for other nonfinancial assets 397 0 0 - SURPLUS OF INCOME FROM NON-FINANCIAL ASSETS (AOP 398 281-341) 398 0 0 - DEFICIT OF INCOME FROM NON-FINANCIAL ASSETS (AOP 341- 399 1.035.818 289) 3 2.196.541 212,1 92212 Surplus of income from non-financial assets - transferred 400 68,797 0 0 92222 Deficit of income from non-financial assets - transferred 401 0 1.035.818 - 97 Accrued income from sale of non-financial income - outstanding 402 0 0 - TOTAL INCOME (AOP 001+289) 403 417.571.872 254.632.108 61 TOTAL EXPENSES (AOP 281+341) 404 70.514.389 60.209.443 85,4 TOTAL SURPLUS OF INCOME (AOP 403-404) 405 347.057.483 194.422.665 56 TOTAL DEFICIT OF INCOME (AOP 404-403) 406 0 0 - 9221x, 9222x Surplus of income - transferred (AOP 284+400-285-401) 407 109.283.297 348.007.985 318,4 9221x, 9222x Deficit of income - transferred (AOP 285+401-284-400) 408 0 0 - 96, 97 Accrued income - outstanding (AOP 286+402) 409 21.704.153 26.034.085 119,9 Receipts and expenditure 8 Receipts from financial assets and borrowings (AOP 411 + 449 + 462 410 0 136.299.145 - Received repayments of principals of given loans and deposits (AOP 81 412 + 417 + 420 + 424 + 425 + 432 + 437 + 445) 411 0 40.667.030 Received repayments of principals of given loans to international 811 organizations, institutions and bodies of the EU and foreign 412 0 0 - governments (AOP 413 to 416) 8113 Repayments of loans given to international organizations 413 0 0 8114 Repayments of loans given to EU institutions and bodies 414 0 0- 8115 Repayments of loans given to foreign governments in EU 415 0 0 - 8116 Repayments of loans given to foreign governments outside EU 416 0 0 - 812 Received repayments of principals of given loans to non-profit 41700- organizations, citizens and households (AOP 418 + 419) 8121 Repayments of loans given to domestic non-profit organizations, 418 0 citizens and households 0 8122 Repayments of loans given to foreign non-profit organizations, 419 0 citizens and households 0 813 Repayments of principals of loans given to credit and other financial 420- institutions in the public sector (AOP 421 till 423) 4 0 8132 Repayments of loans given to credit institutions in the public sector 421 0 0 - 8133 Repayments of loans given to insurance companies in the public 422 0 0 - 8134 Repayments of loans given to other financial institutions in the public 423 0 0 - sector 814 Repayments of principals of loans given to companies in the public 424 0 sector ( 1 815 Repayments of principals of loans given to credit and other financial 425 0 0 - institutions outside the public sector (AOP 4226 to 431) 8153 Repayments of loans given to domestic credit institutions outside the 426 0 0 public sector 15 HAMAG B1C RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 8154 Repayments of loans given to domestic insurance companies outside 427 0 0- the public sector 8155 Repayments of loans given to other domestic financial institutions 428 0 0 - outside the public sector 8156 Repayments of loans given to foreign credit institutions 429 0 0 - 8157 Repayments of loans given to foreign insurance companies 430 0 0 - 8158 Repayments of loans given to other foreign financial institutions 431 0 0 816 Repayments of loans given to companies outside the public sector 432 0 2.667.030 - (AOP 433 to 436) 8163 Repayments of loans given to companies outside the public sector 433 0 2.176.188 8164 Repayments of loans given to domestic craftsmen 434 0 490.842 8165 Repayments of loans given to foreign companies 435 0 01 8166 Repayments of loans given to foreign craftsmen 436 0 0 - 817 Repayments of loans given to other levels of government (AOP 438to 430 0 444) 8171 Repayments of loans given to State budget 438 0 0 - 8172 Repayments of loans given to county budgets 439 0 01 8173 Repayments of loans given to city budgets 440 0 01 8174 Repayments of loans given to municipal budgets 441 0 01 8175 Repayments of loans given to HZMO, HZZ and HZZO 442 0 01 8176 Repayments of loans given to other extra budgetary users of the 443 0 0 State budget 8177 Repayments of loans given to extra budgetary users of county, city 444 0 0 - and municipal budgets 818 Receipts from returns of deposits and guarantee deposits (AOP 4456 445 0 38.000.000 - to 448) 8181 Receipts from returns of deposits from credit and other financial 446 0 38.000.000 institutions - domestic 8182 Receipts from returns of deposits from credit and other financial 447 0 0 institutions - foreign 8183 Receipts from returns of guarantee deposits 448 0 0 - 82 Receipts from issued securities (AOP 450 + 453 + 456 + 459) 449 0 0 821 Treasury bills (AOP 451 + 452) 450 0 0 8211 Treasury bills - domestic 451 0 0- 8212 Treasury bills - overseas 452 0 0 822 Bonds (AOP 454 + 455) 453 0 0 8221 Bonds - domestic 454 0 01 8222 Bonds - overseas 455 0 0 823 Options and other financial derivatives (AOP 457 + 458) 456 0 0 8231 Options and other financial derivatives - domestic 457 0 0 8232 Options and other financial derivatives - overseas 458 0 0 824 Other securities (AOP 460 + 461) 459 0 0 8241 Other securities - Domestic 460 0 0 - 8242 Other securities - foreign 461 0 0 83 Proceeds from sale of shares and interests in equity (AOP 463 + 467 462 0 95.632.115 - + 468 + 471) 16 HAMAG C(RO) Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 831 Proceeds from the sale of shares and interests in equity of the credit 463 0 0 and other financial institutions in the public sector (AOP 464 to 466) 8312 Shares and interests in the equity of the credit institutions in the 464 0 0 public sector 8313 Shares and interests in the equity of the insurance companies in the 465 0 0 public sector 8314 Shares and interests in the equity of the other financial institutions in 466 0 0 the public sector 832 Receipts from the sale of shares and interests in the equity of the 467 0 0 - public-sector companies' Proceeds from the sale of shares and interests in the equity of credit 833 and other financial institutions outside the public sector (AOP 469 + 468 0 95.632.115 - 470) 8331 Shares and interests in the equity of the domestic credit and other 469 0 95.632.115 financial institutions outside the public sector 4 8332 Shares and interests in the equity of the foreign credit and other 470 0 0 - financial institutions 834 Proceeds from the sale of shares and interests in the equity in of the 471 0 0 - companies outside the public sector (AOP 472 + 473) 8341 Shares and interests in the equity of the domestic companies outside 472 0 0 the public sector 8342 Shares and interests in the equity of the foreign companies 473 0 0 - 84 Receipts from borrowing (AOP 475 + 480 + 484 + 485 + 492 + 497) 474 0 0 - Loans and borrowings received from the international organizations, 841 institutions and bodies of the EU and the foreign governments (AOP 475 0 0 476 to 479) 8413 Loans received from the international organizations 476 0 01 8414 Loans and borrowings received from the EU institutions and bodies 477 0 0 - 8415 Loans received from the foreign governments in the EU 478 0 0 8416 Loans received from the foreign governments outside the EU 479 0 0 - 842 Received loans and borrowings from the credit and other financial 480 0 0 - institutions in the public sector (AOP 481 to 483) 8422 Loans from the credit institutions in the public sector 481 0 0 - 8423 Loans received from the public-sector insurance companies 482 0 0 - 8424 Loans received from the other financial institutions in the public 483 0 0 - sector 843 Loans received from the public-sector companies 484 0 0 - 844 Loans and borrowings received from the credit and other financial 485 0 0 - institutions outside the public sector (AOP 486 to 491) 8443 Loans received from the domestic credit institutions outside the public 486 0 0 - sector 8444 Loans received from the domestic insurance companies outside the 487 0 0 - public sector 8445 Loans received from the other domestic financial institutions outside 488 0 0 - the public sector 8446 Received loans from the foreign credit institutions 489 0 0 8447 Loans received from the foreign insurance companies 490 0 0 - 8448 Loans received from the other foreign financial institutions 491 0 0 845 Loans received from the non-public companies and craftsmen (AOP 492 0 0 493 to 496) 17 HAMAG BICRO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 8453 Loans received from the non-resident companies outside the public 493 0 0 - sector 8454 Loans received from the domestic craftsmen 494 0 0 8455 Loans received from the foreign companies 495 0 0 - 8456 Loans received from the overseas craftsmen 496 0 01 847 Loans received from the other levels of government (AOP 498 to 497 0 0 - 504) 8471 Loans received from the state budget 498 0 0 - 8472 Loans received from the county budgets 499 0 01 8473 Loans received from the city budget 500 0 0 - 8474 Loans received from the municipal budgets 501 0 0 - 8475 Loans received from HZMO, CES and HZZO 502 0 0 8476 Loans received from other non-budgetary users of the state budget 503 0 0 - 8477 Loans received from the extrabudgetary users of county, city and 504 municipal budgets 0 0 85 Receipts from the sale of securities from the portfolio (AOP 506 + 505 509 + 512 + 515) 0 0 851 Receipts for the commercial and treasury bills (AOP 507 + 508) 506 0 0 8511 Commercial and treasury bills - domestic 507 0 0 - 8512 Commercial and treasury bills - foreign 5081 0 0 852 Receipts for bonds (AOP 510 + 511) 509 0 0 - 8521 Bonds - domestic 510 0 0 - 8522 Bonds - foreign 511 0 0 - 853 Receipts for the options and other financial derivatives (AOP 513 + 512 0 514) 0 8531 Options and other financial derivatives - domestic 513 0 0 - 8532 Options and other financial derivatives - foreign 514 0 0 - 854 Receipts for other securities (AOP 516 + 517) 515 0 0 - 8541 Other domestic securities 516 0 0 8542 Other foreign securities 517 0 0 - 5 Expenditures for the financial assets and the loan repayments (AOP 518 345.739.300 285.697.357 82,6 519 + 557 + 570 + 583 + 615) 3 51 Expenditures for the granted loans and deposits (AOP 520 + 525 + 519 266.750.061 247.494.744 92,8 528 + 532 + 533 + 540 + 545 + 553) 1 511 Loans to the international organizations, institutions and bodies of the 520 0 - EU and foreign governments (AOP 521 to 524) 5113 Loans to the international organizations 521 0 0 5114 Loans to the institutions and bodies of the EU 522 0 0 - 5115 Loans to the foreign governments in the EU 523 0 0 - 5116 Loans to the foreign governments outside the EU 524 0 0 - 512 Expenditures for the granted loans to the non-profit organizations, 525 citizens and households (AOP 526 + 527) 0 0 5121 Loans to the non-profit organizations, households and households in 526 0 0 the country 5122 Loans to the non-profit organizations, citizens and households 527 0 abroad 0 513 Expenditures for the loans granted to the credit and other financial 528 0 0 - institutions in the public sector (AOP 529 to 531) 5132 Loans to the credit institutions in the public sector 529 0 0 - 18 HAMA(G B( RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 5133 Loans to the insurance companies in the public sector 530 0 o - 5134 Loans to the other financial institutions in the public sector 531 0 0 514 Expenditures for the loans granted to public sector companies 532 0 0 - 515 Expenditures for the loans granted to credit and other financial 533 0 0 - institutions outside the public sector (AOP 534 to 539) 5153 Loans to the domestic credit institutions outside the public sector 534 0 0 - 5154 Loans to the domestic insurance companies outside the public sector 535 0 0 - 5155 Loans to other domestic financial institutions outside the public sector 536 0 0 - 5156 Loans to the foreign credit institutions 537 0 0 - 5157 Loans to the foreign insurance companies 538 0 0 - 5158 Loans to the other foreign financial institutions 539 0 01 516 Expenditures for the loans granted to the companies and the 540 72.677.289 207.494.744 285,5 craftsmen outside the public sector (AOP 541 to 544) 1 5163 Loans given to the domestic companies outside the public sector 541 49.801.739 149.119.825 299,4 5164 Loans given to the domestic craftsmen 542 22.875.550 58.374.919 255,2 5165 Loans given to the foreign companies 543 0 01 5166 Loans given to the foreign craftsmen 544 0 01 517 Loans given to the other levels of government (AOP 546 to 552) 545 0 0 - 5171 Loans given to the state budget 546 0 0 - 5172 Loans given to the county budgets 547 0 01 5173 Loans given to the city budgets 548 0 0 - 5174 Loans given to the municipal budgets 549 0 0 - 5175 Loans given to HZMO, CES and HZZO 550 0 0 - 5176 Loans given to the other non-budgetary users of the state budget 551 0 0 - 5177 Loans given to the extrabudgetary users of county, city and municipal 552 0 - 5177 J budgets52I011- 518 Expenditures for the deposits and the guarantee deposits (AOP 554 553 194.072.772 40.000.000 20,6 to 556) 1 5181 Expenditures for the deposits in the credit and the other financial 554 194.072.772 40.000.000 20,6 institutions - domestic 5182 Expenditures for the deposits with the credit and the other financial 555 0 0 - institutions - foreign 5183 Expenditures for the guarantee deposits 556 0 0 - 52 Expenditures for investments in securities (AOP 558+561+564+567) 557 0 0 - 521 Expenditures for commercial and treasury bills (AOP 559+560) 558 0 0 - 5211 Commercial and treasury bills - domestic 559 0 0 - 5212 Commercial and treasury bills - domestic 560 0 0 - 522 Expenditures for bonds (AOP 562+563) 561 0 0 - 5221 Bonds - domestic 562 0 0 - 5222 Bonds - foreign 563 0 0 - 523 Expenditures for options and other financial derivatives (AOP 564 565+566) 0 0 5231 Options and other financial derivatives - domestic 565 0 0 - 5232 Options and other financial derivatives - foreign 566 0 0 - 524 Expenditures for the other securities (AOP 568+569) 567 0 0 - 5241 Other securities - domestic 568 0 0 - 5242 Other securities - foreign 569 0 0 - 53 Expenditures for shares and interests in the equity (AOP 570 74.624.361 38.202.613 51,2 571+575+577+580) 19 HAMA C RO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 531 Shares and interests in the equity in the credit and other financial 571 0 0 - institutions in the public sector (AOP 574 to 576) 5312 Shares and interests in the equity of the credit institutions in the 572 0 public sector 5 0 5313 Shares and interests in the equity of the insurance companies in the 573 0 public sector 1 0 5314 Shares and interests in the equity of the financial institutions in the 574 public sector 0 532 Shares and interests in the equity of the public-sector companies 575 0 (AOP 578) 0 5321 Shares and interests in the equity in companies in the public sector 576 0 0 - 533 Shares and interests in the equity in the credit and other financial 577 74.624.361 38.202.613 51,2 institutions outside public sector (AOP 580+581) 5331 Shares and interests in the equity in the domestic credit and other 578 73.265.100 36.500.000 49,8 financial institutions outside public sector 5332 Shares and interests in the equity in the foreign credit and other 579 1.359.261 1.702.613 125,3 financial institutions 5 1 1 534 Shares and interests in the equity in the companies outside public 580 0 0 - sector (AOP 583+584) 5341 Shares and interests in the equity in the domestic companies outside 581 public sector 581 0 0 5342 Shares and interests in the equity in the foreign companies 582 0 0 - Expenditures for repayment of principals of borrowings and loans 54 (AOP 584+589+593+595+602+607) 583 4.364.878 0 0 Repayments of principals of borrowings and loans from international 541 organizations, EU institutions and bodies and foreign governments 584 0 0 - (AOP 585 to 588) 5413 Repayments of principals of loans from international organizations 585 0 0 - 5414 Repayments of principals of loans from EU institutions and bodies 586 0 0 - 5415 Repayments of principals of loans from foreign governments in EU 587 0 0 - Repayments of principals of loans from foreign governments outside 5416 EU 588 0 0 - Repayments of principals of loans from credit and other financial 542 institutions in the public sector (AOP 590 to 592) 589 0 0 - Repayments of principals of loans from the credit institutions in the 5422 public sector 590 0 0 - Repayments of principals of loans from the insurance companies in the 5423 public sector 591 0 0 - Repayments of principals of loans from the other financial institutions 5424 in the public sector 592 0 0 - Repayment of principal of received loans from public sector companies 543 (AOP 594) 593 0 0 5431 Repayment of principal of received loans from public corporations 594 0 0 - Repayment of principal of received loans and loans from credit and 544 other financial institutions outside the public sector (AOP 596 to 601) 595 0 0 - Repayment of principal of received loans from the domestic credit 5443 institutions outside the public sector 596 0 0 - Repayment of principal of received loans from the domestic insurance 5444 companies outside the public sector 597 0 0 Repayment of principal of received loans from the other domestic 5445 financial institutions outside the public sector 598 0 0 - 5446 Repayment of principal of received loans from foreign credit institutions 599 0 0 - 20 HAMAG BICRO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 5 Repayment of principal of received loans from foreign insurance companies 600 0 0 Repayment of principal of received loans from other foreign financial 5448 institutions 601 0 01 Repayment of principal of received loans from companies and 545 tradesmen outside the public sector (AOP 603 to 606) 602 0 0 Repayment of principal of received loans from domestic companies 5453 outside the public sector 1603 0 01 5454 Repayment of principal of received loans from domestic craftsmen 604 0 0 - 5455 Repayment of principal of received loans from foreign companies 605 0 0 - 5456 Repayment of principal of received loans from overseas craftsmen 606 0 0 - Repayment of principal of received loans from other levels of 547 government (AOP 608 to 614) 607 4.364.878 0 0 5471 Repayment of the principal of the borrowed state budget 608 4.364.878 0 0 5472 Repayment of principal of borrowed loans from county budgets 609 0 0 - 5473 Repayment of principal of received budgets from city budgets 610 0 0 - 5474 Repayment of principal of borrowed funds from municipal budgets 611 0 0 - 5475 Repayment of principal of received loans from HZMO, CES and HZZO 612 0 0 - Repayment of principal of received loans from other state budget 5476 external budget users 613 0 0 - Repayment of principal of received loans from extrabudgetary users of 5477 county, city and municipal budgets 614 0 01 Expenditures for repayment of principals for issued securities (AOP 55 616+619+622) 615 0 01 Expenditures for repayment of principals for issued treasury bills (AOP 551 619+620) 616 0 0- Expenditures for repayment of principals for issued treasury bills - 5511 domestic 617 0 0 Expenditures for repayment of principals for issued treasury bills - 5512 foreign 618 0 0 Expenditures for repayment of principals for issued bonds (AOP 552 620+621) 619 0 0 5521 Expenditures for repayment of principals for issued bonds - domestic 620 0 0 - 5522 Expenditures for repayment of principals for issued bonds - foreign 621 0 0 - Expenditures for repayment of principals for issued other securities 553 (AOP 623+4 622 0 0- Expenditures for repayment of principals for issued other securities - 5531 domestic 623 0 0 - Expenditures for repayment of principals for issued other securities - 5532 foreign 624 0 0 - SURPLUS OF IRECEIPTS FROM FINANCIAL ASSETS AND LIABILITIES (AOP 410-518) 625 0 0 - DEFICIT OF RECEIPTS FROM FINANCIAL ASSETS AND LIABILITIES (AOP 518-410) 626 345.739.300 149.398.212 43,2 92213 Surplus of receipts from financial assets - transferred 627 0 0 - 92223 Deficit of receipts from financial assets - transferred 628 108.308.250 345.739.300 319,2 TOTAL INCOME AND RECEIPTS (AOP 403+410) 629 417.571.872 390.931.253 93,6 TOTAL EXPENSES AND EXPENDITURES (AOP 404+518) 630 416.253.689 345.906.800 83,1 21 HAMA BIRO Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS SURPLUS OF INCOME AND RECEIPTS (AOP 629-630) 631 1.318.183 45,024.453 3.415,60 DEFICIT OF INCOME AND RECEIPTS (AOP 630-629) 632 0 0 - 9221-9222 Surplus of income and receipts - transferred (AOP 407-408+627-628) 633 975.047 2.268.685 232,7 9222-9221 Deficit of income and receipts - transferred (AOP 408-407+628-627) 634 0 0 - Surplus of income and receipts available for the next period (AOP 631+633-632-634) 635 2.293.230 47.293.138 2.062,30 Deficit of income and receipts available for the next period (AOP 632+634-631-633) 636 0 0 - 19 Expenses of future periods and accrued income (accruals) 637 1.728.790 2.483.323 143,6 Mandatory analytical data 11 Cash balance at the beginning of the reporting period 638 12.510.269 18.137.551 145 11-debt Total inflows to cash accounts and cashiers 639 334.011.373 429.000.349 128,4 11-creit Total outflows from cash accounts and cashiers 640 328.384.092 345.321.584 105,2 11 Cash balance at the end of the reporting period (640+641-642) 641 18.137.550 101.816.316 561.4 Average number of employees in the bodies based on the number at the beginning and the end of the reporting period (whole number) 642 Average number of employees in users based on the number at the beginning and the end of the reporting period (whole number) 643 131 170 129.8 Average number of employees in the bodies based on the working hours (whole number) 644 Average number of employees in users based on the working hours (whole number) 645 121 130 107,4 Income from the additional share of income tax for decentralized Part 611 functions 646 61315 Taxes on the use of public areas 647 0 0 - 61451 Taxes on road motor vehicles 648 0 0 - 61453 Company tax or company name 649 0 0 - 63311 Current state budget assistance 650 0 0 - 63312 Current Budget Counselling 651 0 0 - 63313 Current city budget aid 652 0 0 - 63314 Current budget aid from municipal budgets 653 0 0 - 63321 Capital Aid from the State Budget 654 0 0 - 63322 Capital budgets from county budgets 655 0 0 - 63323 Capital budgets from city budget 656 0 0 - 63324 Capital Aid from Municipal Budget 657 0 0 - 63414 Current aids from HZMO, HZZ and HZZO 658 25.485 95.655 375,3 63415 Current aid from other extra budgetary users of the state budget 659 0 0 - Current aid from extra budgetary users of county, city and municipal 63416 budgets 660 0 0 63424 Capital assistance from HZMO, CES and HZZO 661 0 0 63425 Capital assistance from other extrabudgetary users of the state budget 662 0 0 Capital assistance from extra-budgetary users of county, city and 63426 municipal budgets 663 0 0 - Current assistance from the state budget to budget users budget JLP 63612 (R) S 664 0 0 Current help to budget users from the JLP (R) S budget that they are 63613 not responsible for 665 0 0 Capital assistance from the state budget to budget users budget JLP 63622 (R) S 666 0 0 22 i-IAMAB ICkRU Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS Capital assistance to budget users from the JLP (R) S budget that they 63623 are not responsible for 667 0 0 63811 Current state budget assistance based on the transfer of EU funds 668 0 0 63812 Current budget assistance from JLP (R) based on EU funds transfer 669 0 0 Current assistance from a budget user of another budget based on the 63813 EU funds transfer 670 0 0 Current assistance from extrabudgetary user based on the transfer of 63814 EU funds 671 0 0 Capital assistance from the state budget based on the transfer of EU 63821 funds 672 0 0 63822 Capital aid from the JLP Budget (R) based on EU funds transfer 673 0 0 Capital assistance from a budget user of another budget based on EU 63823 funds transfer 674 0 0 Capital assistance from the extra-budgetary user based on the transfer 63824 of EU funds 675 0 0 64191 Premiums on issued securities 676 0 0 - 64371 Interest income on loans granted to the state budget 677 0 01 64372 Interest income on granted loans to county budgets 678 0 01 64373 Interest income on loans given by city budgets 679 0 01 64374 Interest income on loans given by municipal budgets 680 0 0 - 64375 Interest income on loans granted to HZMO, CES and HZZO 681 0 0 - Interest income on loans granted to other non-budgetary users of the 64376 state budget 1682 0 0 - Interest income on loans granted to extrabudgetary users of county, 64377 city and municipal budgets 683 0 0- 65264 Co-financing of the cost of services, participation etc. 684 0 0 - 65265 Supplementary health insurance 685 0 0 - Revenue from the title of insurance, refund of damage and total 65267 damage 686 0 0 31214 Severance payment 687 113.259 95.559 84,4 31215 Fees for sickness, disability and death 688 21.809 32.454 148,8 32121 Travel and Job Charges 689 482.098 726.693 150,7 32351 Land plots 690 0 0 32361 Mandatory and Preventive Health Checks of Employees 691 38.780 34.320 88,5 32371 Honorary authors 692 98.975 0 0 32372 Works Contracts 693 180.100 107.601 59,7 32377 Services of agencies, student services (transcripts, translations and 694 17.783 10.184 57,3 32398 Energy service fee 695 0 0 32911 Fees for working members of representative and executive bodies 696 16.169 35.703 220,8 and administrative councils 32923 Employee benefits premiums 697 0 0 - 34111 Interest on issued treasury bills in the country 698 0 0 - 34112 Interest on issued treasury bills abroad 699 0 0 34121 Interest rates for issued bills of exchange in domestic currency 700 0 0 - 34122 Interest rates for issued foreign currency bills 701 0 0 - 34131 Interest on issued bonds in the country 702 0 0 34132 Interest on issued bonds abroad 703 0 0 - 34191 Interest on other securities in the country 704 0 0 - 34192 Interest on Other Securities Abroad 705 0 0 - 34213 Interest on loans received from international organizations 706 0 01 23 HAMAG BIC RO 84132 Received loans from international organizations - long-term 843 0 0 Received credits and loans from EU institutions and bodies - long- 8 841l 42 term 84 0 0 84152 Loans received from foreign governments in the EU - long-term 845 0 0 84162 Loans received from foreign governments outside the EU - long-term 846 0 0 84221 Loans from credit institutions in the public sector - short-term 847 0 0 84222 Loans from credit institutions in the public sector - long-term loans 848 0 0 84223 Received financial leasing from credit institutions in the public sector 849 0 0 84232 Loans received from public sector insurance companies - long-term 850 0 0 84242 Loans received from other financial institutions in the public sector - 851 0 0 long-term 8 0 Received financial leasing from other financial institutions in the public sector 84312 Loans from public sector companies - long-term 853 0 0 84431 Loans from domestic credit institutions outside the public sector - 854 0 0 short-term 84432 Loans from domestic credit institutions outside the public sector - 855 0 0 long-term loans 84433 Received financial leasing from domestic credit institutions outside 856 0 0 the public sector 84442 Loans received by non-resident insurance companies - long-term 857 0 0 84452 Loans received from other domestic financial institutions outside the 858 0 o - public sector - long-term 0 84453 Received financial leasing from other domestic financial institutions 859 0 0 - outside the public sector 84461 Loans received from foreign credit institutions - short-term 860 0 0 - 84462 Loans received from foreign credit institutions - long-term 861 0 0 - 84463 Received financial leasing from foreign credit institutions 862 0 0 84472 Loans received from foreign insurance companies - long-term 863 0 0 84482 Loans received from other foreign financial institutions - long-term 864 0 0 84483 Financial leasing received from other foreign financial institutions 865 0 0 84532 Loans received from non-resident corporations outside the public 866 0 0 sector - long-term 84542 Loans received by domestic traders - long-term 867 0 0 84552 Loans received from foreign companies - long-term 868 0 0 84711 Received government budget loans - Shot-term 869 0 0 84712 Loans received from the state budget - long-term 870 0 0 84721 Loans received from county budgets - short-term 871 0 o 84722 Loans received from county budgets - long-term 872 0 0 84731 Loans received from city budgets - short-term 873 0 0 84732 Loans received from city budgets - long-term 874 0 0 84741 Loans received from municipal budgets - short-term 875 0 0 84742 Loans received from municipal budgets - long-term 876 0 0 84751 Loans received from HZMO, HZZ and HZZO - short-term 877 0 0 84752 Loans received from HZMO, HZZ and HZZO - long-term 878 0 0 84761 Loans received from other extra-budgetary users of the state budget - 879 0 0 short-term 84762 Loans received from other extra-budgetary users of the state budget - 880 0 0 long-term 28 Staemnton revenues and expenditures, receipts andspn ng for 2017 on the form: 84771 Loans received from extra budgetary users of county, city and 881 0 0 - municipal budgets - short-term 84772 Loans received from extra budgetary users of county, city and 882 0 0 municipal budgets - long-term 85412 Other domestic securities - long-term 883 0 0 - 51212 Loans to domestic non-profit organizations, citizens and households - 884 00 - long-term 51213 Loans to domestic non-profit organizations, citizens and households 885 0 0 - by protested guarantees 51322 Loans to credit institutions in the public sector - long-term 886 0 0 - 51323 Loans to credit institutions in the public sector by protested 887 0 0 - guarantees 51332 Loans to insurance companies in the public sector - long-term 888 0 0 - 51333 Loans to insurance companies in the public sector by protesting 889 0 0 guarantees 51342 Loans to other financial institutions in the public sector - long-term 890 0 0 - 51343 Loans to other financial institutions in the public sector by protesting 891 0 0 - guarantees 51411 Loans to companies in the public sector - short-term 892 0 0 51412 Loans to companies in the public sector - long-term 893 0 0 - 51413 Loans to companies in the public sector by protesting guarantees 894 0 0 - 51532 Loans to domestic credit institutions outside the public sector - long- 895 0 0 - term 51533 Loans to domestic credit institutions outside the public sector by 896 protesting guarantees 8 O 51542 Loans to domestic insurance companies outside the public sector - 897 0 0 - long-term 51543 Loans to domestic insurance companies outside the public sector by 898 0 0 - protesting guarantees 51552 Loans to other domestic financial institutions outside the public sector 899 0 0 - - long-term 51553 Loans to other domestic financial institutions outside the public sector 900 by protesting guarantees 51631 Loans to domestic companies outside the public sector - short-term 901 0 0 - 51632 Loans to domestic companies outside the public sector - long-term 902 j 7264.890 115.843.981 1.594,60 51633 Loans to domestic companies outside the public sector by protesting 903 42.536.849 33.275.844 78,2 guarantees 51641 Loans to domestic craftsmen - short-term 904 0 0 51642 Loans to domestic craftsmen - long-term 905 147,857 42.385.422 >1100 51643 Loans to domestic craftsmen by protesting guarantees 906 22.727.693 15.989.498 70,4 51711 Loans to the state budget - short-term 907 0 0 - 51712 Loans to the state budget - long-term 908 0 0 - 51721 Loans to county budgets - short-term 909 0 0 - 51722 Loans to county budgets - long-term 910 0 0 - 51723 Loans to county budgets by protesting guarantees 911 0 0 - 51731 Loans to city budgets - short-term 912 0 0 - 29 Statement on revenues and' expndtures, receipts and spending for 2017 on the form: P-RAS 51732 Loans to city budgets - long-term 913 00 - 51733 Loans to city budgets by protesting guarantees 914 0 0 51741 Loans to municipal budgets - short-term 915 0 0 - 51742 Loans to municipal budgets - long-term 916 0 0 - 51743 Loans to municipal budgets by protesting guarantees 917 0 0 51751 Loans to HZMO, HZZ and HZZO - short-term 918 0 0 51752 Loans to HZMO, HZZ and HZZO - long-term 919 0 0 51753 Loans to HZMO, HZZ and HZZO by protesting guarantees 920 0 0 - 51761 Loans to other non-budgetary users of the state budget - short-term 921 0 0 - 51762 Loans to other non-budgetary users of the state budget - long-term 922 0 0 - 51763 Loans to other non-budgetary users of the state budget by protesting 923 0 0 guarantees 51771 Loans to extra budgetary users of county, city and municipal budgets 924 0 0 - short-term 51772 Loans to extra budgetary users of county, city and municipal budgets 925 0 0 - - long-term 51773 Loans to extra budgetary users of county, city and municipal budgets 926 0 0 - by protesting guarantees 54132 Repayment of principal of loans received from international 927 organizations - long-term 9 0 O 54142 Repayment of principal of loans received from EU institutions and 928 0 0 - bodies - long-term 54152 Repayment of principal of received loans from foreign governments in 929 0 0 - the EU - long-term 54162 Repayment of principal of received loans from foreign governments 930 0 0 outside the EU - long-term 54221 Repayment of principal of received loans from credit institutions in the 931 0 0 public sector - short-term 54222 Repayment of principal of received loans from credit institutions in the 932 0 0 public sector - long-term 54223 Repayments of principal under finance lease of credit institutions in 0 0 the public sector 54232 Repayment of principal of loans received from insurance companies 934 0 0 - in the public sector - long-term 54242 Repayment of principal of received loans from other financial 935 0 0 - institutions in the public sector - long-term 54243 Repayments of principal under finance lease from other financial 936 0 0 - institutions in the public sector 54312 Repayment of principal of loans received from companies in the 937 0 0 - public sector - long-term 54431 Repayment of principal of received loans from domestic credit 938 0 0 institutions outside the public sector - short-term 54432 Repayment of principal of received loans from domestic credit 930 0 institutions outside the public sector - long-term 54433 Repayment of principal under financial lease of domestic credit 940 0 0 institutions outside the public sector 30 54442 Repayment of principal of loans received from domestic insurance 941 0 - companies outside the public sector - long-term 54452 Repayment of principal of received loans from other domestic 942 0 0 - financial institutions outside the public sector - long-term 54453 Repayments of principal under finance lease from other domestic 943 0 - financial institutions outside the public sector 54461 Repayment of principal of received loans from foreign credit 9440 0 - institutions - short-term 54462 Repayment of principal of received loans from foreign credit 9450 0 - institutions - long-term 54463 Repayments of principal under finance lease from foreign credit 946 0 - institutions 54472 Repayment of principal of loans received from foreign insurance 9470 0 companies - long-term 54482 Repayment of principal of loans received from other international 948 0 financial institutions - long-term 54483 Repayment of principal under financial lease from other foreign 949 0 0 financial institutions 54532 Repayment of principal of loans received from domestic companies 950 0 0 outside the public sector - long-term 54542 Repayment of principal of loans received from domestic craftsmen - 951 0 0 long-term 54552 Repayment of principal of loans received from foreign companies - 952 0 - long-term 54711 Repayment of principal of loans received from the state budget - 953- short-term 54712 Repayment of principal of loans received from the state budget - 954 4.364.878 0 0 long-term 54721 Repayment of principal of loans received from the county budget - 9550 0 - short-term 54722 Repayment of principal of loans received from the county budget - 956 0 0 - long-term 54731 Repayment of principal of loans received from the city budget - short- 9570 0 - term 54732 Repayment of principal of loans received from the city budget - long- 958 0 0 - term 54741 Repayment of principal of loans received from the municipal budget - 9590 - short-term 54742 Repayment of principal of loans received from the municipal budget - 960 0 0 - long-term 54751 Repayment of principal of loans received from HZMO, HZZ and 961 0 0 - HZZO - long-term 54752 Repayment of principal of received loans from other non-budgetary 962 0 0 - users of the state budget - short-term 54761 Repayment of principal of received loans from other non-budgetary 963 0 0 - users of the state budget - long-term 31 Statement on revenues and expenditures, receipts and spending for 2017 on the form: PR-RAS 54762 Repayment of principal of received loans from extra budgetary users 964 0 0 of county, city and municipal budgets - short-term 54771 Repayment of principal of received loans from extra budgetary users 965 0 of county, city and municipal budgets - long-term 54772 Expenditures for repayment of principal for issued other securities in 966 0 0 the country - long-term 55312 Repayment of principal of loans received from HZMO, HZZ and 967 0 0 HZZO - long-term Mandatory analytical data Balance at u ithe end of Account in DESCRIPTION AOP the acct. planreotn reporting period Loans due to the factoring of credit institutions, insurance companies, 26224,26233, financial institutions and public-sector companies 968 26244,26314 Liabilities for financial leasing from other financial institutions in the 26243 public sector 969 0 Liabilities for financial leasing from other domestic financial 26453 institutions outside the public sector 970 0 Loans due to factoring from other domestic financial institutions 26454 outside the public sector 971 0 26463 Liabilities for financial leasing from foreign credit institutions 972 0 Loans due to the factoring of foreign credit institutions, foreign 26464,26473, insurance companies, other foreign financial institutions, foreign 26484,26554, companies and foreign traders 973 0 26483 Liabilities for financial leasing from other foreign financial institutions 974 0 Loans due to the factoring of non-resident companies outside the 26534 public sector 975 0 Notes set out on pages 42- 60 form an integral part of these financial statements. 32 Balac he a 1Dmer 217 on the formi Account in acct. DESCRIPTION Balance at 1 Balance at 31 plan AOP January December Index 1 2 3 4 5 6 IMOVINA (AOP 002+063) 001 608.099.748 889.618.068 146,3 0 Non-financial assets (AOP 003+007+046+047+051+058) 002 26.026.046 90.767.342 348,8 01 Non-produced long-term assets (AOP 004+005-006) 003 454.213 407.778 89,8 011 Tangible assets - natural resources 004 0 0 - 012 Intangible assets 005 1.039.572 958.803 92,2 019 Impairment of non-produced long-term assets 006 585.359 551.025 94,1 02 Produced long term assets (AOP 008+014+024+030+036+040) 007 25.571.833 90.359.564 353,4 02921 Buildings (AOP 009 to 012 - 013) 008 0 67.640.868 0211 Residential buildings 009 0 0 - 0212 Office buildings 010 0 67.711.401 - 0213 Roads, railways and other transport facilities 011 0 0 - 0214 Other buildings 012 0 0 - 02921 Impairment of buildings 013 0 70.533 - 022i 02922 Plant and equipment (AOP 015 to 022 - 023) 014 24.840.439 21.530.479 86,7 0221 Office equipment and furniture 015 1 3.545.015 6.496.477 183,3 0222 Communications equipment 016 23.310 40.916 175,5 0223 Equipment for maintenance and protection 017 0 0 - 0224 Medical and laboratory equipment 018 29-226.668 29.226.668 100,0 0225 Instruments, equipment and machinery 019 0 4.138 - 0226 Sports and music equipment 020 0 0 - 0227 Installations, machines and equipment for other purposes 021 0 0 - 0228 Military equipment 022 0 0 - 02922 Impairment of plant and equipment 023 7.954.554 14.237 720 179,0 023I 02923 Transport vehicles (AOP 025 to 028 - 029) 024 277.201 336.164 121,3 0231 Road transport vehicles 025 830.904 773.876 93,1 0232 Railways transport vehicles 026 0 0 - 0233 Maritime and river transport vehicles 027 0 0 - 0234 Air transport vehicles 028 0 0 - 02923 Impairment of transport vehicles 029 553.703 437.712 79,1 024i 02924 Books, works of art and other exhibiting values (AOP 031 to 034 - 035) 030 0 0 - 0241 Books 031 0 0 - 0242 Works of art (exhibited in galleries, museums, etc.) 032 0 0 0243 Museum exhibits and objects of natural rarities 033 0 0 - 0244 Other exhibiting value 034 0 0 02924 Impairment of books, works of art and other exhibiting values 035 0 0 025' 02925 Perennial crops and breeding stock (AOP 037+038-039) 036 0 0 - 0251 Perennial crops 037 0 0 - 0252 Basic herd 038 0 0 - 02925 Impairment of perennial crops and breeding stock 039 0 0 026 1 02926 Intangible produced assets (AOP 041 to 044 - 045) 040 454.193 852.053 187,6 0261 Exploration of mineral resources 041 0 0 - 33 Balance sheet a at 31 December 2017 on the forrn: BIL 0262 Investments in software 042 2.393.077 3.107.313 129.8 0263 Artistic, literary and scientific works 043 0 0 0264 Other intangible produced assets 044 0 0 - 02926 Impairment of intangible produced assets 045 1.938.884 2.255.260 116,3 03 Precious metals and other stored valuables 046 0 0 04 Small inventory (AOP 048+049-050) 047 0 0 - 041 Small inventory 048 0 0 - 042 Small inventory in use 049 223.098 230.395 103,3 049 Impairment of small inventory 050 223.098 230.395 103,3 05 Long term non-financial assets under construction (AOP 052 to 057) 051 0 0 - 051 Buildings under construction 052 0 0 - 052 Plant and equipment under construction 053 0 0 - 053 Transportation under construction 054 0 0 - 054 Perennial crops and breeding stock under construction 055 0 0 - 055 Other intangible produced assets under construction 056 0 0 - 056 Other non-financial assets under construction 057 0 0 - 06 Produced short-term assets (AOP 059 to 062) 058 0 0 - 061 Inventories for carrying out activities 059 0 0 - 062 Production and products 060 0 0 - 063 Disposable military inventories 061 0 0 - 064 Goods for further sale 062 0 0 - 1 Financial assets (AOP 064+073+081+112+128+140+157+158) 063 582.073.702 798.850.726 137,2 11 Cash in bank and in hand (AOP 065+070 to 072) 064 18.137.551 101.816.316 561,4 111 Cash in bank (AOP 066 to 069) 065 18.137.551 101.816.316 561,4 1111 The money in the account with Croatian national bank 066 0 0 1112 The money in the account with domestic banks 067 18.137.551 101.816.316 561,4 1113 The money in the account with foreign banks 068 0 0 - 1114 Transit account 069 0 0 112 Allocated cash 070 0 0 - 113 Cash in hand 071 0 0 114 Securities in hand 072 0 0 12 Deposits and guarantee deposits and receivables from employees and 073 195.565.075 209.690.247 107,2 for overpaid taxes and other (AOP 074 + 077 to 080) 121 Deposits in banks and other financial institutions (AOP 075+076) 074 195.070.476 196.516.016 100,7 1211 Deposits in domestic banks and other financial institutions 075 195.070.476 196.516.016 100,7 1212 Deposits in foreign banks and other financial institutions 076 0 0 - 122 Guarantee deposits 077 0 204.000 - 123 Receivables from employees 078 0 158 - 124 Receivables for overpaid taxes and contributions 079 3.366 4,538 134,8 129 Other receivables 080 491.233 12.965.535 2.639,4 13 Receivables for given loans (AOP 082+100-111) 081 265.347.339 436.596.317 164,5 Loans - domestic (AOP 083 to 099) 082 269.718.989 440.967.967 163,5 1321 Loans to domestic non-profit organizations, citizens and households 083 0 0 - 1332 Loans to credit institutions in public sector 084 0 0 - 1333 Loans to insurance companies in public sector 085 0 0 - 1334 Loans to other financial institutions in public sector 086 0 0 - 1341 Loans to companies in public sector 087 0 0 - 1353 Loans to domestic credit institutions outside public sector 088 0 0 1354 Loans to domestic insurance companies outside public sector 089 0 0 34 Balance sheet a at 31 Decemb-er 2017 on the form: BIL 1355 Loans to other domestic financial institutions outside public sector 090 2,400.000 0 0,0 1363 Loans to domestic companies outside public sector 091 157.763.065 273.920.774 173,6 1364 Loans to domestic craftsmen 092 109.555.924 167.047.193 152,5 1371 Loans to the State budget 093 0 0 - 1372 Loans to county budgets 094 0 0 - 1373 Loans to city budgets 095 0 0 1374 Loans to municipal budgets 096 0 0 - 1375 Loans to HZMO, HZZ, HZZO 097 0 0 - 1376 Loans to other extra budgetary users of the county, city and municipal 098 0 0 - budgets 1377 Loans to other extra budgetary users of the State budget 099 0 0 - Loans - foreign (AOP 101 to 110) 100 0 0 - 1313 Loans to international organizations 101 0 0 - 1314 Loans to EU institutions and bodies 102 0 0 - 1315 Loans to foreign governments in the EU 103 0 0 - 1316 Loans to foreign governments outside the EU 104 0 0 1322 Loans to foreign non-profit organizations, citizens and households 105 0 0 1356 Loans to foreign credit institutions 106 0 0 - 1357 Loans to foreign insurance companies 107 0 0 - 1358 Loans to other foreign financial institutions 108 0 0 - 1365 Loans to foreign companies 109 0 0 - 1366 Loans to foreign craftsmen 110 0 0 - 139 Impairment of given loans 111 4.371.650 4.371.650 100,0 14 Securities (AOP 113+120-127) 112 0 0 - Securities -domestic (AOP 114 to 119) 113 0 0 - 1411 Cheques 114 0 0 - 1421 Commercial and treasury bills 115 0 0 - 1431 Bills of exchange 116 0 0 - 1441 Bonds 117 0 0 - 1451 Options and other financial derivatives 118 0 0 - 1461 Other securities 119 0 0 - Securities - foreign (AOP 121 to 126) 120 0 0 - 1412 Cheques 121 0 0 - 1422 Commercial and treasury bills 122 0 0 - 1432 Bills of exchange 123 0 0 - 1442 Bonds 124 0 0 - 1452 Options and other financial derivatives 125 0 0 - 1462 Other securities 126 0 0 - 149 Impairment of securities 127 0 0 - 15 Stocks and shares (AOP 129+136-139) 128 74.636.361 17.206.858 23,1 Stocks and shares - domestic (AOP 130 to 135) 129 73.277.100 14.144.985 19,3 1512 Stocks and shares in credit institutions in public sector 130 0 0 - 1513 Stocks and shares in insurance companies in public sector 131 0 0 - 1514 Stocks and shares in other financial institutions in public sector 132 0 0 - 1521 Stocks and shares in companies in public sector 133 12.000 12.000 100,0 1531 Stocks and shares in domestic credit and other financial institutions 134 73265.100 14.132.985 19,3 outside public sector 1541 Stocks and shares in domestic companies outside public sector 135 0 0 - Stocks and shares - foreign (AOP 137+138) 136 1.359.261 3.061.873 225,3 1532 Stocks and shares in foreign credit and other financial institutions 137 1.359.261 3.061.873 225,3 35 a nc heta at 31 Deebr217 o h om 1542 Stocks and shares in foreign companies 138 0 0 159 Impairment of stocks and shares 139 0 0 16 Income receivables (AOP 141+142+143+151+152+153+154+155-156) 140 26.658.586 31.057.665 116,5 161 Receivables for taxes 141 0 0 162 Receivables for contributions 142 0 0- 163 Receivables for foreign aid and subjects within general budget (AOP 143 189.927 1.787.781 941,3 144 to 150) 1631 Receivables for foreign governments aids 144 0 0 - 1632 Receivables for aids from international organizations and EU bodies 145 189.927 1.787.781 941,3 and institutions 1633 Receivables for budget aids from other budgets 146 0 0 - 1634 Receivables for extra budgetary user's aids 147 0 0 - 1635 Equalization aids for decentralized functions 148 0 0 - 1636 Receivables for budget users aid from budgets that are not their 149 0 0 - competent budgets 1638 Receivables for State budget aids transferred from EU Funds 150 0 0 - 164 Property income receivables 151 21.359.498 22.772.023 106,6 165 Receivables for administrative fees, special regulation fees and 152 0 25.753 - compensations 166 Receivables for income from sale of products and goods and provided 153 47.200 0 0,0 services 167 Receivables for income from the budget 154 4.954.509 5.023.656 101,4 168 Receivables for penalties and administrative measures and other 155 107452 1.448.452 1.348,0 income 169 Impairment of receivables 156 0 0 - 17 Receivables from sale of non-financial assets 157 0 0 - 19 Expenses of future periods and accrued income (AOP 159 to 161) 158 1.728.790 2.483.323 143,6 191 Expenses of future periods 159 0 0 - 192 Accrued income 160 0 0 193 Continuous expense of future periods 161 1.728.790 2.483.323 143,6 LIABILITIES AND OWN RESOURCES (AOP 163+223) 162 608.099.748 889.618.069 146,3 2 Liabilities (AOP 164+176+192+220) 163 15.239.053 77.612.574 509,3 23 Liabilities for expenses (AOP 165 to 167 + 171 to 175) 164 14.457.215 77.548.905 536,4 231 Liabilities for employees 165 1.618.379 2.352-403 145,4 232 Liabilities for material expenses 166 203.189 201.333 99,1 234 Liabilities for financial expenses (AOP 168 to 170) 167 351 311 88,6 2341 Interest payable for securities 168 0 0 - 2342 Interest payable on borrowings and loans 169 0 0 - 2343 Liabilities for other financial expenses 170 351 311 88,6 235 Liabilities for subventions 171 28.651 0 0,0 237 Liabilities for compensations to citizens and households 172 0 0 - 238 Liabilities for penalties, damages and capital assistance 173 0 0 239 Other short-term liabilities 174 12.606.645 74.994.858 594,9 24 Liabilities for acquisition of non-financial assets 175 105.733 63.669 60,2 25 Securities (AOP 177+184-191) 176 0 0 Securities - domestic (AOP 178 to 183) 177 0 0 - 2511 Cheques 178 0 0 - 2521 Treasury bills 179 0 0 - 2531 Bills of exchange 180 0 0 - 2541 Bonds 181 0 0 - 2551 Options and other financial derivatives 182 0 0 - 2561 Other securities 183 0 0 - 36 Balance sheet a at 31 December 2017 on the form: BIL Securities - foreign (AOP 185 to 190) 184 0 0 - 2512 Cheques 185 0 0 - 2522 Treasury bills 186 0 0 - 2532 Bills of exchange 187 0 0 - 2542 Bonds 188 0 0 - 2552 Options and other financial derivatives 189 0 0 2562 Other securities 190 0 0 - 259 Impairment of securities 191 0 0 26 Credits and loans (AOP 193+210) 192 660.000 0 0,0 Credits and loans - domestic (AOP 194 to 209) 193 660.000 0 0,0 2622 Loans from credit institutions in public sector 194 0 0 - 2623 Loans from insurance companies in public sector 195 0 0 - 2624 Loans from other financial institutions in public sector 196 0 0 - 2631 Loans from companies in public sector 197 660.000 0 0,0 2643 Loans from domestic credit institutions outside public sector 198 0 0 - 2644 Loans from domestic insurance companies outside public sector 199 0 0 - 2645 Loans from other domestic financial institutions outside public sector 200 0 0 - 2653 Loans from domestic companies outside public sector 201 0 0 - 2654 Loans from domestic craftsmen 202 0 0 - 2671 Loans from the State budget 203 0 0 - 2672 Loans from county budgets 204 0 0 - 2673 Loans from city budgets 205 0 0 - 2674 Loans from municipal budgets 206 0 0 - 2675 Loans from HZMO, HZZ, HZZO 207 0 0 - 2676 Loans from other extra budgetary users of the State budget 208 0 0 - 2677 Loans from other extra budgetary users of the county, city and 209 0 0 - municipal budgets Credits and loans -foreign (AOP 211 to 219) 210 0 0 - 2613 Loans from international organizations 211 0 0 - 2614 Loans from EU institutions and bodies 212 0 0 - 2615 Loans from foreign governments in the EU 213 0 0 - 2616 Loans from foreign governments outside the EU 214 0 0 - 2646 Loans from foreign credit institutions 215 0 0 - 2647 Loans from foreign insurance companies 216 0 0 - 2648 Loans from other foreign financial institutions 217 0 0 - 2655 Loans from foreign companies 218 0 0 - 2656 Loans from foreign craftsmen 219 0 0 29 Accrued expenses and deferred income (AOP 221+222) 220 16.105 0 0,0 291 Accrued expenses 221 0 0 - 292 Collected income of future periods 222 16105 0 0,0 9 Own sources (224+232-236+240 to 242) 223 592.860.695 812.005.495 137,0 91 Own sources and impairment of own sources (AOP 225-228) 224 568.863.312 738.678.272 129,9 911 Own sources (AOP 226+227) 225 569.523.312 738.678.272 129,7 9111 Own sources from the Budget 226 285.186.592 357.234.710 125,3 9112 Otherown sources 227 284.336.720 381.443.562 134,2 912 Impairment of own sources for liabilities (AOP 229+230) 228 660.000 0 0,0 9121 Impairment of own sources from the Budget for liabilities 229 0 0 - 9122 Impairment of other own sources for liabilities 230 660.000 0 0,0 922 Surplus/deficit of income (no data is entered) 231 0 0 - 37 Ba ancesheet a it 31 December 2017 on the forn: B6L 9221 Surplus of income (AOP 233 to 235) 232 348.104.244 196.940.737 56,6 92211 Surplus of operating income 233 348.104.244 196.940737 56,6 92212 Surplus of income from non-financial assets 234 0 0 - 92213 surplus of income from financial assets 235 0 0 4 9222 Deficit of income (AOP co 236 345.811.014 149.647.599 43,3 92221 Deficit of operating income 237 0 - 92222 Deficit of income from non-financial assets 238 71.714 93.722 130,7 92223 Deficit of income from financial assets 239 345.739.300 149.553.877 43,3 96 Deferred income 240 21.704.153 26.034.085 119,9 97 Deferred income from sale of non-financial assets 241 0 0 - 98 Provision of surplus of income 242 0 0 - 99 Off-balance sheet records (= 0) 243 0 0 1 991 Off-balance sheet records - assets (AOP 245) 244 2.954.664.725 3.488.432.879 118,1 996 Off-balance sheet records - liabilities and capital 245 2.954.664.725 3.488.432.879 118,1 part 13 Receivables for loans given - overdue 246 250.297.325 256.467.037 102,5 partl3 Receivables for loans - unpaid 247 15.050.014 180.129.280 1.196,9 part 16 Receivables for operating income - due 248 21.056.711 16.598.747 78,8 partl6 Receivables for operating income - dwindling 249 5.601.874 14.458.918 258,1 part 17 Claims on the sale of nonfinancial assets - due 250 0 0 - partl7 Claims on the sale of nonfinancial assets - unpaid 251 0 0 12911 Claims for refunds that are refunded 252 75.156 12912 Advances receivables 253 0 0 12913 Receipts for EU advance payments 254 0 0 12921 Other unspecified claims 255 12.890.379 12931 Claims on sold receivables (factoring) 256 0 0 12941 Budgets receipts from budget users for return to the relevant budget 257 0 0 13213 Loans to Non-Profit Organizations, Citizens and Households in the 258 0 0 - Country by Protested Guarantees 13323 Loans to credit institutions in the public sector by protesting guarantees 259 0 0 13333 Loans to insurance companies in the public sector by protesting 260 0 0 guarantees 13343 Loans to other financial institutions in the public sector by protesting 261 0 0 guarantees 13413 Loans to companies in the public sector by protesting guarantees 262 0 0 13533 Loans to domestic credit institutions outside the public sector by 263 0 0 protesting guarantees 13543 Loans to domestic insurance companies outside the public sector by 264 0 0 protesting guarantees 13553 Loans to other domestic financial institutions outside the public sector 265 0 0 by protesting guarantees 13633 Loans to non-public companies outside the public sector by protesting 266 132.370.026 139.068.107 guarantees 13643 Loans to domestic craftsmen by protested guarantors 267 107.900.471 123.688.588 13723 Loans to county budgets by protested guaranties 268 0 0 13733 Loans to city budgets by protesting guarantees 269 0 0 13743 Loans to municipal budgets by protracted guarantees 270 0 0 13753 Loans to HZMO, CES and HZZO for protest warranties 271 0 0 13763 Loans to other non-budgetary users of the state budget by protesting 272 0 0 guarantees 38 Balance sheet a at 31 December 2017 on the form. BIL 13773 Loans to extrabudgetary users of county, city and municipal budgets by 273 0 0 protesting guarantees 16721 Budgets receipts paid into the budget 274 5.023.656 part 23 Liabilities for operating expenses - due 275 78.186 28.668 36,7 part 23 Liabilities for operating expenses - unpaid 276 14.379.028 77.520.237 539,1 part 24 Obligations for the acquisition of nonfinancial assets - due 277 105.734 63.669 60,2 part 24 Obligations for the acquisition of nonfinancial assets - defaulted 278 0 0 - part 25 Liabilities for securities - matured 279 0 0 - part 25 Liabilities for Securities - Deferred Receivables 280 0 0 - part 26 Liabilities for loans and loans - due 281 0 0 - part 26 Liabilities for loans and loans - outstanding 282 660.000 0 0,0 23951 Liabilities for advances 283 0 0 - 23952 Liabilities for deposits 284 0 0 23953 Obligations for bail 285 0 204.000 23954 Other unspecified liabilities 286 15.726.575 23955 Liabilities for Collected Foreign Revenues 287 0 0 23956 Budgetary Costs for Collected Revenues of Budget Users 288 0 0 23957 Obligations for EU advance payments 289 55.614.843 23958 Budgets' budget pay-outs 290 3.449,441 26223 Liabilities for financial leasing from credit institutions in the public sector 291 0 0 - 26224 Loans due to factorization of credit institutions in the public sector 292 0 0 - 26233 Loans due to the factoring of insurance companies in the public sector 293 0 0 - 26243 Liabilities for financial leasing from other financial institutions in the 294 0 0 - public sector 26244 Loans due to factoring from other financial institutions in the public 295 0 0 - sector 26314 Loans due to factoring from public sector companies 296 0 0 - 26433 Liabilities for financial leasing from domestic credit institutions outside 297 0 0 - the public sector 26434 Loans due to the factoring of domestic credit institutions outside the 298 0 0 - public sector 26443 Liabilities for loans by factorizing domestic insurance companies 299 0 0 - outside the public sector 26453 Liabilities for financial leasing from other domestic financial institutions 300 0 0 - outside the public sector 26454 Loans due to factoring from other domestic financial institutions outside 301 0 0 - the public sector 26463 Liabilities for financial leasing from foreign credit institutions 302 0 0 - 26464 Liabilities for loans by factorization of foreign credit institutions 303 0 0 - 26473 Loans due to factoring by foreign insurance companies 304 0 0 - 26483 Liabilities for financial leasing from other foreign financial institutions 305 0 0 - 26484 Loans due to factoring from other foreign financial institutions 306 0 0 - 26534 Loans due to the factoring of non-resident companies outside the public 307 0 0 - sector 26544 Loans due to factoring by domestic craftsmen 308 0 0 - 26554 Loans due to factoring by foreign companies 309 0 0 26564 Loans due to factoring by foreign craftsmen 310 Notes set out on pages 42- 60 form an integral part of these financial statements. 39 Changes in the value (revaluation) of nonfinancial 037 0 assets (AOP 004 to 009) Non-produced non-current assets 038 0 Long-term assets produced 039 0 91522 Noble metals and other stored values 040 0 0 Small inventory 041 0 Long-term non-financial assets under preparation 042 0 Produced short-term assets 043 0 Impairment (revaluation) of financial assets (AOP 011 044 0 to 017) Notes set out on pages 42- 60 form an integral part of these financial statements. 41 I GENERAL DATA 1.1. Legal framework, activity and employees The Croatian Agency for Small Businesses, Innovations and Investments (HAMAG-BICRO) was established in 2014 by merging the Croatian Agency for Small Businesses and Investments (HAMAG INVEST) and the Business Innovation Agency of the Republic of Croatia (BICRO). The Croatian Small Business Agency (HAMAG) was established by the Act on Promotion of Small Business Development (Official Gazette 29/2002). The Act on Amendments to the Small Business Development Promotion Act (Official Gazette 53/2012) The Croatian Small Business Agency changed its name to the Croatian Agency for Small Business and Investment (HAMAG INVEST). The Croatian Small Business Agency (HAMAG) was established in 2002 as a legal successor to the Croatian Guarantee Agency. The Croatian Guarantee Agency (HGA) was established in 1994 with the aim of supporting the establishment and development of entrepreneurship in the Republic of Croatia. Key activities of the Croatian Guarantee Agency were providing guarantees for loans issued by banks and other legal entities to entrepreneurs and providing financial support to reduce the cost of loans issued to entrepreneurs by banks and other legal entities. In the year 2012 HAMAG was renamed to the Croatian Agency for Small Business and Investment (HAMAG INVEST). Pursuant to the Amendments to the Act on Promotion of Small Business Development (Official Gazette 56/2013) and the merger contract dated 8 April 2014 of Business Innovation Agency of the Republic of Croatia (BICRO) to the Croatian Agency for Small Business and Investment (HAMAG INVEST), merger to the Croatian Agency for Small Businesses and Investments (HAMAG INVEST) was done and subsequently he Croatian Small Business and Investment Agency changed its name to the Croatian Agency for Small Business, Innovation and Investment ( HAMAG BICRO). The Business and Innovation Agency of the Republic of Croatia - BICRO by resolution of 14 November 2014 was deleted from the court register. Business Innovation Agency of the Republic of Croatia - BICRO was established by the Decree on the Establishment of the Business Innovation Agency of the Republic of Croatia dated 11 November 2010 and by the Amendment of the Decree on the Establishment of the Business Innovation Agency of the Republic of Croatia dated 12 February 2012 or by merging the Croatian Institute for Technology (HIT) and Business Innovation Centre of Croatia (BICRO) with the aim of providing financial support to innovative and technology-oriented companies in Croatia. Based on the above-mentioned Regulation, upon registration of the Agency in the court register, on the Agency were transferred the activities of the program from the scope of the Business-Innovation Centre of Croatia-BICRO d.o.o., financed from the state budget, assets, equipment, financial rights and obligations and documentation. 42 NOTES TO THE FRNANCIAL STATEMEN_(TS for the year ended 31 December 20'17 - continued The Agency is a non-profit legal entity registered with the commercial court in Zagreb under the number 080449625. The Agency also has the status of the budget beneficiary of the State Budget and is entered in the registry of budget and extra budget Users under number RKP 46237. Article 13 of the Law on Promotion of Small Business Development (OG 153/09, 63/11, 130/11, 56/13, 14/14) regulates the activities of the Agency and it most important tasks: 1) encouraging the establishment and development of small business entities, 2) promotion and attracting investment in entrepreneurship, 3) fund management established for the purpose of developing small business entities, 4) establishment of funds management companies established for the purpose of developing small business entities, 5) encourage investment in small business, 6) financing business and development of small business entities by lending under more favourable conditions and other forms of financial support, 7) granting guarantees for loans granted by small business entities to banks and other legal entities - creditors, 8) giving guarantees against guarantees granted to small business entities, 9) granting financial support to reduce the cost of loans granted to small business entities by banks and other legal entities - creditors, 10) subsidizing interest on loans, 11) grants to increase employment, vocational and entrepreneurial education, retraining and further training, 12) providing incentives for the establishment and financing of construction, equipping and covering the costs of professional assistance of small business entities to various entrepreneurial support institutions, 13) grants to participate in international fairs and specialized exhibitions at home and abroad, 14) coordinating the realization of investment projects in cooperation with investors and state administration bodies, regional (regional) and local self-government, and other legal entities, 15) coordination with local and regional self-government development agencies, 16) co-operation with international bodies competent for promotion and attracting investment and internationalization of entrepreneurship, 17) Implementing incentive measures for small business entities for the development of activities that do not pollute the environment, 18) connecting small business entities to enter the market, 19) providing support for the provision of expert assistance to small business entities, including through electronic media, 20) promoting entrepreneurship and creating conditions for the development of entrepreneurship of special groups, 21) cooperation with other legal entities, agencies and institutions that encourage small businesses in the country and abroad, 22) monitoring, analysing and reporting on the results of incentive measures, 23) building an institutional framework to support the process of innovation (innovation process), 43 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 4) managing business related to technology transfer and encouraging research, development and innovation in the private and public sectors, 25) the management of tasks related to the role of the mediating body in the operational structure devoted to the management of the Structural Funds, as well as other roles in the process of budget funds management or EU funds, 26) management of aid programs and support for research, development and innovation in the private and public sectors, (27) providing incentives for the establishment and financing of construction, equipping and covering operating costs of various legal entities that make up technology transfer technology and / or support for SMEs with rapid growth potential (egg risky capital, conditional loans, non- interest-bearing loans) 28) establish cooperation with international and foreign financial institutions to encourage technological entrepreneurship, 29) coordination and organization of institutions intended for the development, transfer, application and financing of new technologies and innovative small and medium-sized enterprises, i.e. a network of technology institutions at national level for the purpose of overall economic and technological development, 30) technical and consultative assistance to state administration bodies in terms of national, international and interregional cooperation programs, aimed at technological development and development of innovative entrepreneurship, 31) providing advisory services to the network of consultants - experts on technical- technological, legal, financial, marketing and other advice to entrepreneurs in the establishment and development of innovative small and medium-sized enterprises, 32) encouraging business cooperation between Croatian and foreign companies through research, development and innovation activities, technological transfer and commercialization of research results, 33) consulting in the area of transfer of technology, technological knowledge and experience and technological development and development of research, 34) establishing cooperation with international and foreign scientific and technological institutions, 35) inclusion in international research and development cooperation programs, 36) advising, informing and supporting the involvement of European and international projects to encourage research, development and innovation, 37) other professional activities related to the promotion of the development of the small economy and the achievement of the goals of the national innovation system established by the Statute, the Law, other regulations and the tasks assigned by the Government of the Republic of Croatia or the Ministry responsible for entrepreneurship and craft. As at 31 December 2017, Agency employed 191 employees. Qualification structure of the employees is shown as follows: Professional qualification Number of% employees Ph.D. 2 1,05% Master of science 8 4,19% University degree 165 86,39% Two-year post-secondary 7 3,66% Secondary school 9 4,71% Total 191 100.00% HAMAG BICRO 44 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 1.2. Bodies of the Agency are: Management board - Verna Valance, president of the management board from 9 May 2016 - Boris Guiana, member of the management board from 9 June 2014 - Marijana Ore, member of the management board from 2 May 2016 - Mario Turabian, member of the management board from 25 September 2017 Board of the directors - PhD. Martina Dali, Deputy Prime Minister and Minister of Economy, Entrepreneurship and Crafts, Chairman of the Board - Prof. PhD. Bla2enka Divjak, Minister of Science and Education, deputy chairman of the Steering Committee - Mario Antoni6, State Secretary at the Ministry of Economy, Entrepreneurship and Crafts - Ana Mandac, Assistant Minister of Economy, Entrepreneurship and Crafts - MSc. Ana Odak, Assistant Minister of Regional Development and European Union Funds - Karolina Ivankovi6, Assistant Minister of Labor and Pension System - Ivan Lako§, Ministry of Science and Education - MSc. Kre§imir Dragi6, Ministry of Finance - Emilija Vudinic Margeta, Ministry of Foreign Affairs and European Affairs - Ankica Jakii, Ministry of Tourism - MSc. Juraj Orenda, Ministry of Agriculture - Tomislav Klari6-Kukuz, director of the Croatian Centre for Cooperative Entrepreneurship - Dragutin Ranogajec, President of Croatian Chamber of Trades and Crafts - Ivan Barbaric, Croatian Chamber of Economy - Jasminka Martinovi6, Croatian Employers' Association Funds for work and business of the Agency are provided from: * funds of the state budget through the ministry responsible for entrepreneurship and crafts and ministries responsible for science for direct current and capital expenditures, * credit and other funds from dedicated domestic and foreign funds, * credit facilities of domestic and foreign banks, * non-refundable assistance, * proceeds from the repayment of loans and interest on loans granted under the First Measure program for the Implementation of the National Employment Policy, * other income in accordance with the Law The Croatian Agency for Small Businesses, Innovations and Investments (HAMAG-BICRO) had secured funds in the State Budget of the Republic of Croatia in section 049 - Ministry of Economy, Entrepreneurship and Crafts (OG 26/16 of 24 March 2016, NN 111/16 of 30 November 2016) in the amount of HRK 407,650,969. HAMAG 45 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 2.1. Basis for preparation of the financial statements Financial statements of the Agency are prepared in accordance with the with the State Budget Act (Official Gazette No. 87/08, 136/12 and 15/15), Regulations on State Budget accounting and accounting plan (Official Gazette No. 124/14, 115/15, 87/16 and 3/18) and Regulations on State Budget financial reporting (Official Gazette No. 3/15, 93/15, 135/15 and 2/17). State budget and State budget users conduct bookkeeping on the double-entry bookkeeping principle and in accordance with the State budget accounting plan. Income and expenses Income and expenses are stated using the modified accrual accounting method. Modified accrual accounting method means that: * depreciation expenses of non-financial long-term assets are not stated, * income and expenses arising from the changes in value of non-financial assets are not stated, * income is recognized in the reporting period in which it became available and provided it can be measured, * expenses are recognized based on the occurrence of the business event (liability) and in the reporting period to which they relate irrespective of the payment; * expenses for consumption of short-term non-financial assets are recognized in the moment of actual consumption or sale and at cost value * income and expenses are recognized for the donations of non-financial assets 2.2. Income Income represents increase of the economic benefits during the reporting period as an inflow of cash and cash equivalents. Income is fundamentally classified as operating income and income from the sale of non-financial assets. Operating income is classified as aids from abroad and from entities within general budget, income from assets, income from administrative fees, fees under special regulations and compensations, income from sale of goods and services rendered, income from donations and other income. Income from sale of non-financial assets is classified according to the types of sold non-financial assets. Receipts are cash and cash equivalents inflows on all bases. Income includes the results of transactions that affect the increase in net worth and are classified as follows: HAMAG BIC RO 46 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued Income from aids from abroad and from entities within general budget Aids from abroad and from entities within the general budget include current and capital transfers that budget and budget users receive from foreign governments, international organizations and EU institutions and bodies, from the budget, from extra budgetary users, equalization aid for decentralized functions, aids to budget users from the budget which is not their authority and aids from the State budget on the basis of transfers of EU funds. Aids from EU institutions and bodies and aids from the State budget based on the transfers of EU funds (current and capital) are recognized as income in the reporting period in proportion to the costs of the implementation of contracted programs and projects. Income from assets Income from assets includes income from financial and income from non-financial assets. Income from financial assets is: interest (on securities, deposits and sight deposits, default interest rates, for given loans and for granted loans by protested guarantees), exchange difference gains and differences due to the use of currency clauses, dividends, profits of companies, credit and other financial institutions under special regulations and other income from financial assets. Income from non-financial assets include: concession fees, income from leasing and renting of property, fees for the use of non-financial assets, road charges, revenues from sales of short-term non-financial assets and other income from non-financial assets. Income from leasing and renting of non-financial assets are recorded by budgets. Budget users who rent or lease assets, report realized income from services rendered. Income from administrative fees, fees under special regulations and compensations Income from administrative fees, fees under special regulations and compensations includes administrative fees, income under special regulations and communal contributions and fees. Income from sale of goods and services rendered and income from donations Income from sale of goods and services rendered and income from donations includes income that budget users realize by doing business on the market and at market conditions and which are not funded from the budget and income from donations from legal entities and individuals outside the general budget. Donations are funds that, without having to repay them, budget and budget users get from legal and physical persons outside of the general budget. HAMAG BIC RO 47 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 2.3. Expenses Expenses are decreases in economic benefits in the form of a reduction of assets or increase in liabilities. Expenses are fundamentally classified as operating expenses and expenses for the procurement of non-financial assets. Operating expenses are classified as costs for employees, material expenses, financial expenses, aids given abroad and within the general budget, fees and other expenses. Expenses for the procurement of non-financial assets are classified according to the type of non-financial assets acquired. Expenditures are cash and cash equivalents outflows on all bases. Expenses include the results of transactions that affect the decrease in net worth and are classified as follows: Costs for employees contain: * salaries (in gross amount), * other employees costs: bonuses, awards (jubilee awards, annual awards, special awards and similar), gifts (to employees, employees' children and similar), severance payments, sick leaves (for sick leaves over 90 days), invalidity and bereavement, vacation bonuses and, * contributions on salaries. Salaries are the remuneration paid by the employer to the employees for work performed. Salaries for regular work include salaries and wages: for sick leave, vacation and paid absences and other salaries (child care, military exercise and the like). Wages in kind are goods, services, rights and other benefits that of a certain value that budget and budget users give to employees for work done and they use them in leisure time and to meet their own needs. Material expenses Material costs include the costs of using the services and goods required for regular functioning and operations. Reimbursements to employees include the cost of employee expenses for business trips expenses, for transportation, field work and separate living, professional development expenses for employees and other reimbursements to employees. Recording of expenses for materials and parts for current and investment maintenance are performed only if the materials and parts are procured separately. If the materials and parts are purchased as part of a service, they are recorded as expenses for current and investment maintenance. Current and investment maintenance involves continuous activity for the maintenance of assets or for bringing assets into function, such as servicing devices and equipment, arranging internal and external walls, repairs and replacement of worn parts, periodic repairs of plant and equipment and the like. HAMAG C1R 48 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued Financial expenses Financial expenses include interest expense - for issued securities and received borrowings and loans, expense for banking services and payment services, foreign exchange losses and the effects of currency clause, default interest and other financial expenses. Foreign exchange difference occurs when there is a change in exchange rate between the transaction date and settlement date of the items resulting from the transaction. Foreign exchange differences resulting from currency clause arise when the liabilities are contracted at the exchange rate of the Republic of Croatia with respect to the foreign currency. Default interests are recorded separately from the value of transactions under which they occur. Aids given abroad and within the general budget Aids given abroad and within the general budget include current and capital aids to foreign governments, international organizations, EU institutions and bodies, aids within the general budget and budget users of other budgets and transfers to budget beneficiaries from the relevant budget for financing regular activities, aids based on the transfer of the EU Funds and transfers between budget users of the same budget. Aids given in the form of transfer of non-financial assets is recognized at the carrying amount of the asset. Aids within the general budget include budgets aids as follows: state, county, city and municipal budgets. Funds intended for other budgets are classified in sub-category of the account 363 - Aids within the general budget as aids to the state budget, i.e. county, city and municipal budgets. Other expenses include current and capital donations, fines, penalties and damages and capital aids. Donations are current and/or capital transfers of funds to non-profit organizations and citizens and households that include transfers in kind, such as: food, clothing, blankets, medicines that the state can provide to various charitable and similar organizations for further distribution to citizens and households. Capital aids are classified as transfers of non-financial assets or funds in order to finance the costs of non-financial assets of companies, cooperatives, craftsmen and farmers to cover total losses incurred during two or more years and for debt write-offs on the basis of an agreement (contract) with the debtor. Capital aids are recorded at the occurrence of the event, i.e. at the time of the decision of the competent body on the granting of capital aid, provided that the amount of capital aid is measurable and relates to the reporting period. HAMAG BIC RO 49 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 2.4. Assets, liabilities and own sources Assets, liabilities and own sources determines the financial position of the budget, i.e. budget users. Assets are resources controlled by the budget, i.e. budget users as a result of past events and from which future benefits in performance of activities are expected. Liabilities are unsettled debt of the budget, i.e. budget users arising from past events for whose settlement outflow of resources is expected. Assets are classified by the type, useful lifetime and function in performance of activities. Liabilities are classified according to purpose and maturity. Own sources are the residual value of assets after deducting all liabilities. Assets and liabilities are stated on the accrual basis of the accounting using the historical cost method. Assets are initially measured at cost (purchase value) or, at the estimated value. Long-term assets represent financial and non-financial assets whose useful lives are longer than one year and that more than one year keeps the same appearance. Produced long-term non-financial assets whose individual acquisition costs (purchase value) is lower than HRK 3,500 can be written-off once, by putting into use, with the obligation of an individual or a group monitoring during the useful life. Short-term non-financial assets represent assets held for operational activities or further sale within less than a year. Cost (purchase value) of non-financial assets include the purchase price plus customs, non- refundable tax, transport costs and other costs that can be directly added to the cost of procurement and preparation of assets for use. Long-term assets, even after being completely written off, are retained in the records and are reported in the balance sheet until the time of sale, donation, and other means of disposal or destruction. The value of individual item of long-term assets is impaired at the average annual rate using the linear method. Exceptionally, the values of natural resources (subgroup 011), books, works of art and other exhibition values (subclass 024) and precious metals and other stored values (group 03) are generally not impaired. If it is not possible to determine a useful lifetime for non-produced intangible assets (patents, concessions, licenses, the right of use of other assets, long-term lease, etc.), such items are not written off until the time of the sale, donation, other means of disposal or destruction. 50 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued The basis for impairment of long-term assets is its initial or revalued cost (purchase value), respectively its estimated value. Own resources are reduced for impairment of assets. Shares and stakes in principal are recorded at the position of financial assets and relate to shares and stakes in banks and other financial institutions and trade companies. Investments in shares and stakes are stated in the financial statements using investment cost method. 2.5. Transactions in foreign currencies Transactions in foreign currencies are translated into HRK (Croatian Kuna) by applying the exchange rate at the transaction date. Monetary assets, receivables and liabilities denominated in foreign currencies are afterwards translated into HRK on the balance sheet date. Gains and losses that have arisen during this translation of currencies are included in the statement of income and expenses for the current year. At 31 December 2017 the official exchange rate of the Croatian Kuna was 7,514 kuna for 1 euro (31 December 2016: 7,557 kuna). 2.6. Operations result At the end of the reporting period, the result is determined by allocating the expenditures and expenses accounts for the total amount of expenditures and expenditures in groups 39, 49 and 59 and debiting the corresponding business results of group 92. For the total amount of revenue and receipts, receipts in Groups 69, 79 and 89 and approve the appropriate business performance accounts in Group 92. If the party making the claim on the Group's business results accounts 92 higher than the debit for the determined difference, it is responsible for an appropriate business performance account and approves the corresponding account of surplus income and receipts in the group 92. If the debtor on the business results account of group 92 exceeds the required difference for the difference, an appropriate business results account is approved and the corresponding account of the income and receivables in group 92 is debited. At year-end all accounts in grades 3, 4, 5, 6 , 7 and 8 are closed. HAMAG 51 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 3. Income In the period from 1. January till 31. December 2017 were realized total revenues in the amount of HRK 254,632,108 and relate to the following: Amount in Kuna's Realized in the Realized in the year 2016 year 2017 Revenue from Budget (AOP 131) 133.554.809 72.796.004 Help from international organizations and institutions and bodies of the EU (AOP 049) 283.836.134 162.062.154 Transfers between budget users of the same budget (AOP 069) 0,00 15.881.313 Property income (AOP 074) 124.143 3.638.293 Other Income (AOP 147) 0,00 130.732 Revenues from sales of goods and services provided (AOP 123) 31.301 27.957 Help from Extrabudgetary Users (AOP 057) 25.485 95.655 TOTAL OPERATING REVENUES (AOP 001) 417.571.872 254.632.108 AOP 001 Total operating income amounts to HRK 254,632,108. Revenues were realized from the assistance of international organizations and institutions and bodies of the EU (AOP 049) in the amount of HRK 162.062.154, from the assistance of extrabudgetary users (AOP 057) in the amount of HRK 95.655, current state budget assistance based on the transfer of EU funds (AOP 069) in the amount of HRK 15,881,313, Interest on time deposits and deposits on demand (AOP 074) in the amount of HRK 3,638,293, from services rendered (AOP 124) in the amount of HRK 27,957 and revenue from the budget (AOP 131) in the amount of HRK 72,796,004 for the financing of the regular operation and other specific activities of HAMAG- BICRO. Budget revenues (AOP 131) consist of the revenues for financing operating expenses (AOP 132) in the amount of HRK 20,587,235, revenues for financing expenditures for the procurement of the non - financial assets (AOP 133) in the amount of HRK 653,347 and revenues from the competent budget for financing expenditure on financial assets and repayment of the loans (AOP 134) in the amount of HRK 51,555,422. AOP 074 Assets income. have increased in the comparison with the year 2016 due to the depositing of unused funds withdrawn for the purpose of realizing the activity A913006 OP COMPETITIVENESS AND COHESION - MIRCO AND SMALL LOANS. HAMAG BIC RO 52 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 4. Expenses Amount in Kuna's AOP Realized in the Realized in the year 2016 year 2017 BUSINESS EXPENDITURE (AOP 148) 69.478.571 58.012.902 Expenditures for employees (AOP 149) 15.571.795 21.868.274 Material expense (AOP 160) 7.917.443 10.832.929 Financial expenses (AOP 193) 90.238 7.825 subsidies (AOP 212) 40.641.309 25.034.478 Compensation to citizens and households on insurance and other fees (AOP 246) 20.000 51.425 Other expenditures (AOP 257) 5.237.786 217.971 EXPENSES FOR NON - FINANCIAL ASSETS (AOP 341) 1.035.818 2.196.541 Expenditures for the Acquisition of Non - produced long-Term Assets (AOP 342) 56.420 157.606 Expenditures for the purchase of manufactured long-term assets (AOP 354) 979.398 2.038.935 TOTAL OPERATING EXPENDITURE (AOP 404) 70.514.389 60.209.443 AOP 148 - operating expenses amounts to the HRK 58,012,902 and are decreased by 16,50% compared to the year 2016 due to an increase in the share of financing expenditures from ESIF funds. AOP 149 - Expenditures for employees amounts to HRK 21,868,274 and are increase by 40,40% compared to the year 2016 due to the recruitment of new workers, in line with the increased volume of work associated with the function of the second level intermediary body. AOP 160 - Material expenditures (AOP 161-164, AOP 170, AOP 173 -176, AOP 179, AOP 181-184, AOP 188, AOP 192 and others which increased compared to 2016) amounts to HRK 10,832,929 which is a significant increase associated with the costs of existing and new employees, procurement of office furniture and equipment for new workers, systematic examinations, intellectual services for evaluation projects evaluations, computer services, membership fees for international associations (TAFTIE, AECM, EUREKA). AOP 212 - Subsidies amounts to HRK 25,034,478 and mainly refer to IBRD-7320-HR, STP II loans through programs RAZUM, IRCRO, PoC and UTT, but also to projects from Eureka, Eurostars and BIOCENTRU subsidies. AOP 246 - Compensation to citizens and households on insurance and other benefits increased compared to the year 2016 due to increases in employee tuition fees due to increased employment in line with the increased volume of work. AOP 257 - Other expenditures amounts to HRK 217,971 and relates to assistance to the companies and craftsmen financed from source 11, which are significantly reduced compared HAMAG BIC RO 53 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued to year2016 with regard to new sources of financing from ESIF funds, thus reducing the share in national co-financing. AOP 354 - Expenditures for the acquisition of nonfinancial assets amount to HRK 2,038,935, representing the costs of purchasing non-produced AOP 384 long-term assets in the amount of HRK 714,237 and expenditures for the purchase of fixed assets (AOP 360) in the amount of HRK 1,182,260 for office equipment and furniture, communication equipment, vehicles and investment in computer programs. Compared to 2016, these expenditures increased by 208.20% due to the increased share of financing from ESIF funds and the increased number of employees. AOP 641 - The total inflow of cash accounts has a significant increase due to the inflow of funds into MFIN's special accounts at Privredna banka Zagreb d.d., Zagreb, which are used for IBRD loan, as well as Hrvatska po§tanska banka d.d., Zagreb which are used for receiving funds from ESIF. AOP 902/905 - Long-term loans to the non-public sector companies and craftsmen have significantly increased compared to the year 2016 due to new sources of funding from ESIF, which is also reason for the increase of AOP 903/906 Loans to the domestic companies outside the public sector and craftsmen by protested guarantors. AOP 944 - The repayment of the principal of the state budget (long-term) received loans compared to 2016 aren't made because in the Annex Ill of the IBRD Financing Agreement related to the Second Project on Technological Development - STP 11 is stipuled that HAMAG- BICRO is exempt from IBRD-8258-HR loan annuity payments for future periods. AOP 354 - Expenditures for the acquisition of non - financial assets amounts to HRK 2,038,935, representing the costs of the procurement of the non-produced long-term assets (AOP 384) in the amount of HRK 714,237 and expenditures for the procurement of the fixed assets (AOP 360) in the amount of HRK 1,182,260 for the office equipment and furniture, communication equipment, vehicles and investment in computer programs. In the comparison to the year 2016, these expenditures have increased by 208.20% due to the increased share of financing from ESIF funds and the increased number of employees. 5. Expenditures The total expenditures for the financial assets and the repayments of loans (AOP 518) in the period from 1 January to 31 December 2017 were in the amount of HRK 285,697,357 a have increase by 82,60% compared to the year 2016. Expenditures for the loans granted to domestic companies and tradesmen outside the public sector (AOP 540) amount to HRK 207,494,744 and have increase by 285.50% compared to year 2016 and refer to the paid-out loans and guarantees to the non-public sector companies (HRK 149,119,825) and craftsmen (HRK 58,374,919). HAMAG BICRO 54 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 6. Notes to the Balance sheet Balance as at 1 Balance as at 31 January 2017 December 2017. ASSETS (AOP 001) 608.099.748 889.618.068 Non - financial assets (AOP 002) 26.026.046 90.767.342 Non - produced non-current assets (AOP 003) 454.213 407.778 Non - current assets (AOP 007) 25.571.833 90.359.564 Financial assets (063) 582.073.702 798.850.726 Cash in the bank (065) 18.137.551 101.816.316 Deposits, guarantee deposits and receivables from employees and for more paid taxes and others (AOP 073) 195.565.075 209.690.247 Receivables for loans granted (AOP 081) 265.347.339 436.596.317 Shares and interest in the equity (AOP 128) 74.636.361 17.206.858 Receivables for operating income (AOP 140) 26.658.586 31.057.665 Expenditures for future periods and non-payment of 1.728.790 2.483.323 revenue (AOP 158) LIABILITIES AND RESOURCES (AOP 162) 608.099.748 889.618.069 LIABILITIES (AOP 163) 15.239.053 77.612.574 VALUES OF RESOURCES (AOP 224) 568.863.312 738.678.272 Off-balance sheet records 2.954.664.725 3.488.432.879 AOP 001 - Assets of the Croatian Agency for Small Businesses, Innovations and Investments in the amount of HRK 798,850,726 consist of non - financial assets (AOP 002) in the amount of HRK 90,767,342 and financial assets (AOP 063) in the amount of HRK 798,850,726. AOP 002 - Non - financial assets comprise of the non-produced long-term assets (AOP 003) in the amount of HRK 407,778 and produced long-term assets (AOP 007) in the amount of HRK 90,359,564. (AOP 063) - Financial assets consist of cash in the bank and cash registers (AOP 064) in the amount of HRK 101,816,316, deposits with the credit and financial institutions (AOP 073) in the amount of HRK 209,690,247, receivables for the loans granted (AOP 081) in the amount (AOP 128) in the amount of HRK 17,206,858, receivables for the operating income (AOP 140) in the amount of HRK 31,057,665 and future expenditure and revenue unpaid (AOP 158) in the amount of HRK 2,483,323 (employee salaries for December 2017, which are to be paid by the State Budget for the year 2018. HAMAG *BICRO 55 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued AOP 162 Liabilities and resources comprises of the liabilities and own resources in the total amount of HRK 889,618,068. AOP 163 Liabilities amount to HRK 77,612,574 and consist of: - (AOP 164) - liabilities for operating expenses in the amount of HRK 77,612,574 comprise liabilities towards the employees (AOP 165) in the amount of HRK 2,352,403, liabilities for the material expense (AOP 166) in the amount of HRK 201,333 and other current liabilities (AOP 175) in the amount of HRK 74,994,858, - (AOP 175) The liabilities for the acquisition of non - financial assets (AOP 175) amount to HRK 63,669. AOP 224 Own sources amount to HRK 738,678,272 and refer to the own sources, other own sources and the results of the operations transferred from previous years. Recoverability of the loans receivables HAMAG-BICRO regularly updates the records of all issued guarantees as well as their status and continuously undertakes activities for the purpose of collecting the paid guarantees. For the purpose of collecting paid guarantees, the following actions are taken: a) Written notification to indicating the amount of funds paid out, indicating the date of payment execution. It also includes a call for repayment of the funds within 15 days from the day of delivery of the written notice, an account number and a call to the payment number for the guarantee funds paid out, b) Collection from the guarantee beneficiary debit note, c) Collection from the guarantor's debit note (if it is given with the warrant of the guarantor's guarantee), d) Real estate and movable property mortgages (mortgages) e) Collection by participating in pre-bank settlement and bankruptcy proceedings, f) Collection in accordance with the Regulation on criteria, measures and procedures for postponement of payment, payment of the instalment of the debt and sale, write-off or partial write-off of the receivables (NN 94/14), based on received requests for deferral, stamping or partial write-off of receivables. HAMAG-BICRO is a budget user who keeps his business books in line with the budget regulations in force in the Republic of Croatia, as well as budgetary principles and budget accounting applied by budget and extrabudgetary users of the state budget and budgetary and extrabudgetary budget users of local and regional self-government budgets. Budgetary regulations in the Republic of Croatia that regulate the accounting system of the beneficiary of the state budget and which are applicable to the preparation of the financial statements for the year ended 31 December 2017 were as follows: * Budget Law (OG 87/08, 136/12, 15/15), * Law on Execution of the State Budget of the Republic of Croatia for 2017 * Regulations on the budgetary accounting and accounting plan (OG 124/14, 115/15, 87/16) * Regulations on the financial reporting in budgetary accounting (Official Gazette 3/15 and 93/15, 135/15 and 2/17) * The Act on Fiscal Responsibility (OG 139/10, 19/14), * Regulation on Composition and Presentation of the Statement of Fiscal Responsibility and Report on Application of Fiscal Rules (OG 78/11, 106/12, HAMAG [I ) 56 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 130/13, 19/15 and 119/15) and Regulation on criteria, measures and procedures for deferral of the payments, payment of the debt or partial write-off of claims (OG 52/13, 94/14) Pursuant to the above-mentioned regulations, any impairment or write-off of the receivables at the same time results in the loss or increase of the deficit of the state budget and in accordance with the regulations, HAMAG-BICRO can't independently make decisions on write-offs, partial write-offs or sales of receivables, instead impairment or write-off of the receivables, as well as the sale or deferral of the payment, and a maturity payment, must be requested by the Minister of Finance. Furthermore, if the required write-down / reduction / sale or delay exceeds a certain amount, the Government should approve such a write-down instead of the approval of the Minister of Finance. The terms and conditions of the treatment in the mentioned cases of write-down are prescribed by the Regulation on criteria, measures and procedures for postponement of payment, payment of payment of the debt and sale, write- off or partial write-off of claims (OG 52/13, 94/14). Pursuant to the before mentioned Decree, the Agency as a competent body may write down claims against legal persons only in the case of Article 27, when it is a receivable that can't be charged in bankruptcy proceedings, and when the claim exists on the basis of a final decision on the conclusion of bankruptcy proceedings over a legal person or in the liquidation proceedings on the basis of a final decision on deleting the legal person from the court register. 7. Off-balance sheet records AOP 245 refers to off-balance-sheet records - assets amounting to HRK 3,448,432,879 and mostly consisting of the received bonds in the amount of HRK 1,560,328,911 and guarantees issued in the amount of HRK 1,818,460,332. Off-balance sheet records as at 31 December 2017 are presented as follows: Balance as at 31 Balance as at 31 December 2016 December 2017. Issued guarantees-paid guarantees 95.466 95.467 Issued guarantees - the state budget 1.447.099.004 1.616.346.017 Issued guarantees -ESIF Financial instruments 8.000.000 181.678.541 Issued guarantees ESIF - individual guarantees, subsidized interest rate 2.012.289 20.340.308 Issued guarantees 1.457.206.759 1.818.460.332 Court proceedings 2.493.247 3.039.553 Payment instruments 0 -2.181.419 Payment instruments - promissory note 1.375.412.337 1.375.412.337 Payment instruments - promissory note 14.591.638 187.097.993 Payment instruments 1.390.003.975 1.560.328.911 Other off-balance sheet records 105.090.977 106.016.524 Other off - balance sheet records 0 587.558 Other off - balance sheet records 105.090.977 106.604.082 Off balance sheet records 2.954.794.958 3.488.432.879 HAMAG BC RO 57 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued Off balance sheet records - liabilities include issued non-protested guarantees, so called conditional loans financed through Programme RAZUM and debentures issued by clients as collateral for guarantees and loans. Off-balance sheet records include potential contingent liabilities based on court disputes in the total amount of HRK 3,039,553, which are as follows: - a dispute with Karlovadka banka d.d. in front of the Commercial Court in Zagreb in the amount of HRK 2,444,226; - a dispute with Goran Bjelica in front of the Municipal Labor Court in Zagreb in the amount of HRK 50,000; - a dispute with Svjetlan Dupalo Pavlovid in front of the Municipal Civil Court in Zagreb in the amount of HRK 10,000; - a dispute with Snje2ana Kralj in front of the Municipal Civil Court in Zagreb in the amount of HRK 225.035; - Misdemeanour proceedings initiated by the Labour Inspectorate in front of the Misdemeanour Court in Zagreb in the amount of HRK 12,000; - a dispute with Board Guardian d.o.o. in front of the Commercial Court in Zagreb in the amount of HRK 11,388.41; - dispute with HIDROIZOLACIJA KATRAN d.o.o. before the Municipal Civil Court in Zagreb in the amount of HRK 286,903. 8. Liability statement Liabilities overdue more than 60 days relate to tangible expenses of HRK 28,668 (AOP 050) and other current liabilities (AOP 075) in the amount of HRK 240,000. Overdue liabilities up to 180 days relate to the acquisition of non - financial assets in the amount of HRK 1,517 (AOP 081) and other current liabilities of HRK 39,000 (AOP 76). 9. Statement P-VRIO During the year 2017, the volume of assets (AOP 018) increased to transfer of the building and equipment of Bicro Biocentre. HAMA "V BICRO 58 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 10. Statement on the designated Account and funds utilized by categories Balance as at 1 January 2016 705.246 Receipts received from the IBRD 14.389.237 Amounts paid by MZOS 4.152.614 User Returns 273.034 19.520.131 Return to the IBRD (273.034) Current value of prepayments in a special account 19.247.097 Balance at 31 December 2017 3.365.656 Amount of paid expenses in the period 15.881.832 Total received funds 19.247.488 Difference (391) The difference consists of interest accrued in the amount of HRK 81.79 which will be returned to the State Budget in the next period, a double charge for transaction processing in the amount of HRK 89.90 (the Agency paid the bill and Privredna banka Zagreb d.d., Zagreb simultaneously refunded the fee from the account) and the amount of 130 kuna that the bank has charged for paying abroad and which will be reimbursed to the State Budget. Expenditure specification in the period by categories: The amount paid for the period in HRK Razum 10.709.336 PoC (Proof of Concept) 690.636 IRCRO 3.892.752 Fees for evaluators 300 Training 21.484 UTT (Technology Transfer Office) 567.105 15.881.613 HAM\AG BIC RO 59 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2017 - continued 11. Events after the balance sheet date In Balance sheet of the Agency as at 31 December 2017 as part of the position Loans to the non-public sector companies (AOP 091) amounting to HRK 273,920,774 are stated the conditional loans receivables from the New reason program in the amount of HRK 5,344,726. These receivables refer to the commercialized loan in the amount of HRK 12,573,861 and as well as the related sources are less stated for the amount of HRK 7,229,136 due to error in double booking out of the loans for which the commercialization requirement was not fulfilled. This error was detected and corrected at the beginning of the year 2018. 12. Approval of the financial statements Financial statements of the Croatian Agency for Small Business, Innovation and Investment HAMAG-BICRO were approved by the Management board on 28 February 2018. Vjeran Vrbanec, pr ident of the BIs Guina member of the Management oard jMpfagement board HAMAG # BICRO 60