natgillin/translations-raw huggingface dataset:
The ECB 's investment activities and its management of the associated risks are described in greater detail in Chapter 2 .
Naložbene dejavnosti ECB in obvladovanje s tem povezanih tveganj so podrobneje opisani v poglavju 2 Letnega poročila .
THE BUDGET PROCESS The Budget Committee ( BUCOM ) , composed of ECB and euro area NCB experts , is a key contributor to the ECB 's financial governance process .
POSTOPEK PRIPRAVE PRORAČUNA Odbor za proračun ( BUCOM ) , ki ga sestavljajo strokovnjaki ECB in nacionalnih centralnih bank euroobmočja , ključno prispeva k finančnemu upravljanju ECB .
In accordance with Article 15 of the Rules of Procedure , BUCOM supports the Governing Council by providing a detailed evaluation of annual ECB budget proposals and requests for supplementary budget funding by the Executive Board , prior to their submission to the Governing Council for approval .
Odbor za proračun v skladu s členom 15 Poslovnika podpira delo Sveta ECB , tako da pripravi natančno oceno predloga letnega proračuna ECB in zahtevkov Izvršilnega odbora po dodatnih proračunskih sredstvih , preden se ti pošljejo v sprejetje Svetu ECB .
Spending against agreed budgets is monitored regularly by the Executive Board , taking into account the advice of the ECB 's internal controlling function , and by the Governing Council with the assistance of BUCOM .
Porabo v skladu s sprejetim proračunom redno spremljata Izvršilni odbor , ki upošteva nasvete notranjega nadzora ECB , in Svet ECB ob pomoči Odbora za proračun .
2 OBJECTIVES AND TASKS
Dejavnosti ECB v letu 2006 so podrobno opisane v ustreznih poglavjih Letnega poročila . 2
The ECB 's objectives and tasks are described in the Statute of the ESCB ( Articles 2 and 3 ) .
Cilji in naloge ECB so opisane v Statutu ESCB ( člena 2 in 3 ) .
Furthermore , an overview of these objectives is included in the President 's foreword to the Annual Report .
Ti cilji so na kratko predstavljeni tudi v predgovoru predsednika k Letnemu poročilu .
KEY RESOURCES , RISKS AND PROCESSES
KLJUČNI VIRI , TVEGANJA IN POSTOPKI
GOVERNANCE OF THE ECB Information relating to the governance of the ECB is given in Chapter 8 .
UPRAVLJANJE ECB Upravljanje ECB je obravnavano v poglavju 8 Letnega poročila .
MEMBERS OF THE EXECUTIVE BOARD The members of the Executive Board are appointed from among persons of recognised standing and professional experience in monetary or banking matters by common accord of the governments of the Member States at the level of the Heads of State or Government , upon a recommendation from the EU Council after it has consulted the European Parliament and the Governing Council .
ČLANI IZVRŠILNEGA ODBORA Za člane Izvršilnega odbora se imenujejo osebe z ugledom in poklicnimi izkušnjami na denarnem ali bančnem področju , in sicer na priporočilo Sveta EU , ki se o tem predhodno posvetuje z Evropskim parlamentom in Svetom ECB , ter s soglasjem držav euroobmočja na ravni voditeljev držav ali vlad .
The terms and conditions of members » employment are determined by the Governing Council , based on a proposal from a Committee comprising three members appointed by the Governing Council and three members appointed by the EU Council .
Pogoje za zaposlitev članov Izvršilnega odbora določi Svet ECB na predlog Odbora , v katerem so trije člani , ki jih imenuje Svet ECB , in trije člani , ki jih imenuje Svet EU .
EMPLOYEES The average number of staff ( full-time equivalent ) employed on permanent or fixedterm contracts by the ECB rose from 1,331 in 2005 to 1,360 in 2006 .
ZAPOSLENI Povprečno število zaposlenih v ECB ( v ekvivalentu polnega delovnega časa ) po pogodbi za nedoločen ali določen čas se je povečalo s 1.331 v letu 2005 na 1.360 v letu 2006 .
At the end of that year 1,367 staff were employed .
Ob koncu leta je število zaposlenih znašalo 1.367 .
For further details ,
To področje je podrobneje obravnavano v pojasnilih k izkazu poslovnega izida in v poglavju 8 , razdelek 2 , ki opisuje tudi kadrovsko strategijo ECB .
FINANCIAL RESULT
POSLOVNI IZID
increased in 2006 , the ECB would have reported a net profit of Euros 1,379 million . In 2006 , the appreciation of the euro vis-à-vis the Japanese yen resulted in write-downs in the euro value of the ECB 's holdings of yen-denominated assets of some Euros 0.6 billion , which were expensed in the Profit and Loss Account .
RAČUNOVODSKI IZKAZI Kot določa člen 26.2 Statuta ESCB , letne računovodske izkaze ECB pripravi Izvršilni odbor v skladu z načeli , ki jih je določil Svet ECB . Izkazi se objavijo potem , ko jih odobri Svet ECB .
In 2006 net interest income increased to Euros 1,972 million from Euros 1,270 in 2005 , owing mainly to ( a ) an increase in euro banknotes in circulation and in the marginal rate for the Eurosystem 's main refinancing operations , which determines the remuneration that the ECB receives on its share of euro banknotes in the Eurosystem ; and ( b ) a rise in US dollar interest rates .
REZERVACIJE ZA TEČAJNA TVENGANJA , OBRESTNA TVEGANJA IN CENOVNA TVEGANJA PRI ZLATU Ker se večina sredstev in obveznosti ECB redno prevrednoti po tekočih tržnih deviznih tečajih in cenah vrednostnih papirjev , je dobičkonosnost ECB močno izpostavljena tečajnemu in v manjši meri obrestnemu tveganju .
Net realised gains arising from financial operations rose from Euros 149 million in 2005 to Euros 475 million in 2006 . The depreciation of the euro vis-à-vis gold , in conjunction with increased volumes of gold sales in 2006 , resulted in greater realised gains .
Ta izpostavljenost izhaja predvsem iz njenih imetij deviznih rezerv v ameriških dolarjih , japonskih jenih in zlatu , ki se večinoma nalagajo v obrestonosne instrumente .
These sales were conducted in accordance with the Central Bank Gold Agreement of 27 September 2004 , of which the ECB is a signatory . Total administrative expenses of the ECB , including depreciation , increased from Euros 348 million in 2005 to Euros 361 million in 2006 .
Zaradi velike izpostavljenosti ECB tem tveganjem in velikosti računov prevrednotenja je Svet ECB leta 2005 sklenil , da oblikuje rezervacije za tečajna tveganja , obrestna tveganja in cenovna tveganja pri zlatu . Tako je bil na dan 31 .
Staff costs rose primarily owing to an increase in the average number of staff employed during the year and an increased pension charge in 2006 . The emoluments of the Executive Board amounted to a total of Euros 2.2 million ( 2005 : Euros 2.1 million ) .
Na dan 31 . decembra 2006 je bilo zabeleženih dodatnih 1.379 milijonov EUR , tako da se je velikost rezervacij povečala na 2.371 milijonov EUR , čisti dobiček pa se je enako kot leta 2005 zmanjšal na natanko nič .
FINANCIAL ACCOUNTS Under Article 26.2 of the Statute of the ESCB , the Annual Accounts of the ECB are drawn up by the Executive Board , in accordance with the principles established by the Governing Council .
Iz teh rezervacij se bodo financirali prihodnji realizirani in nerealizirani odhodki , predvsem odhodki vrednotenja , ki jih ne pokrijejo računi prevrednotenja . Velikost in potrebnost teh rezervacij se ugotavljata letno .
The accounts are then approved by the Governing Council and subsequently published . PROVISION FOR FOREIGN EXCHANGE RATE , INTEREST RATE AND GOLD PRICE RISKS Since most of the ECB 's assets and liabilities are periodically revalued at current market exchange rates and security prices , the ECB 's profitability is strongly affected by exchange rate exposures and , to a lesser extent , interest rate exposures .
POSLOVNI IZID ZA LETO 2006 Če se leta 2006 rezervacije za tečajna tveganja , obrestna tveganja in cenovna tveganja pri zlatu ne bi povečale , bi čisti dobiček ECB znašal 1.379 milijonov EUR . Leta 2006 se je zaradi apreciacije eura do japonskega jena znižala eurska knjigovodska vrednost imetij ECB v jenih za okrog 0,6 milijarde EUR , kar se je v izkazu poslovnega izida priznalo kot odhodek .
These exposures stem mainly from its holdings of foreign reserve assets held in US dollars , Japanese yen and gold , which are predominantly invested in interest-bearing instruments . In 2005 , taking into account the ECB 's large exposure to these risks and the size of its revaluation accounts , the Governing Council decided to establish a provision against foreign exchange rate , interest rate and gold price risks .
V letu 2006 so se neto obrestni prihodki v primerjavi z letom 2005 ( 1.270 milijonov EUR ) povečali na 1.972 milijonov EUR predvsem ( a ) zaradi povečanja eurobankovcev v obtoku in dviga mejne obrestne mere za operacije glavnega refinanciranja Eurosistema , ki določa prihodek ECB iz naslova obrestovanja njenega deleža eurobankovcev v Eurosistemu , ter ( b ) zaradi dviga dolarskih obrestnih mer . Neto realizirani prihodki iz finančnih sredstev so se leta 2006 v primerjavi s prejšnjim letom povečali s 149 milijonov EUR na 475 milijonov EUR .
Consequently , as at 31 December 2005 , an amount of Euros 992 million was recorded in this provision .
Povečanje je posledica depreciacije eura do zlata ter povečanega obsega prodaje zlata v letu 2006 . Prodaja zlata je potekala v skladu s Sporazumom centralnih bank o zlatu z dne 27 .
As at 31 December 2006 , an additional amount of Euros 1,379 million was recorded , increasing its size to Euros 2,371 million and , as in 2005 , reducing net profit to exactly zero .
septembra 2004 , ki ga je podpisala tudi ECB . Skupni upravni stroški ECB , vključno z amortizacijo , so se povečali s 348 milijonov EUR v letu 2005 na 361 milijonov EUR v letu 2006 .
This provision will be used to cover realised and unrealised losses , in particular valuation losses not covered by the revaluation accounts .
Stroški dela so se zvišali predvsem zaradi povečanja povprečnega števila zaposlenih med letom ter višjih pokojninskih stroškov v letu 2006 .
Its size and continuing requirement is reviewed annually . FINANCIAL RESULT FOR 2006 Had the provision against foreign exchange rate , interest rate and gold price risks not been
Denarna nadomestila članom Izvršilnega odbora ECB so znašala 2,2 milijona EUR ( 2005 : 2,1 milijona EUR ) .
BALANCE SHEET AS AT 31 DECEMBER 2006 ASSETS NOTE NUMBER 1 2006 Euros 9,929,865,976 2005 Euros 10,064,527,857
DECEMBER 2006 AKTIVA ŠT . POJASNILA 2006 EUR 2005 EUR
Gold and gold receivables Claims on non-euro area residents denominated in foreign currency Receivables from the IMF Balances with banks and security investments , external loans and other external assets
Zlato in terjatve v zlatu Terjatve do nerezidentov euroobmočja v tuji valuti Terjatve do MDS Računi pri bankah in naložbe v vrednostne papirje , tuja posojila in druge terjatve do tujine
Claims on euro area residents denominated in foreign currency Claims on non-euro area residents denominated in euro Balances with banks , security investments and loans Other claims on euro area credit institutions denominated in euro Intra-Eurosystem claims Claims related to the allocation of euro banknotes within the Eurosystem Other claims within the Eurosystem ( net )
Terjatve do rezidentov euroobmočja v tuji valuti Terjatve do nerezidentov euroobmočja v evrih Računi pri bankah , naložbe v vrednostne papirje in posojila Druge terjatve do kreditnih institucij euroobmočja v eurih Terjatve znotraj Eurosistema Terjatve , povezane z razdelitvijo eurobankovcev znotraj Eurosistema Druge terjatve znotraj Eurosistema ( neto )
Other assets Tangible fixed assets Other financial assets Off-balance-sheet instruments revaluation differences Accruals and prepaid expenses Sundry
Druga sredstva Opredmetena osnovna sredstva Druga finančna sredstva Razlike zaradi prevrednotenja zabilančnih instrumentov Aktivne časovne razmejitve Razno
Total assets
Skupna aktiva
ECB Annual Report 2006 LIABILITIES
ECB Letno poročilo 2006
NOTE NUMBER 7
ŠT .
2006 Euros 50,259,459,435
POJASNILA 2006 EUR
2005 Euros 45,216,783,810
2005 EUR
Banknotes in circulation Liabilities to other euro area residents denominated in euro Liabilities to non-euro area residents denominated in euro Liabilities to non-euro area residents denominated in foreign currency Deposits , balances and other liabilities Intra-Eurosystem liabilities Liabilities equivalent to the transfer of foreign reserves Other liabilities Accruals and income collected in advance Sundry
Bankovci v obtoku Obveznosti do drugih rezidentov euroobmočja v eurih Obveznosti do nerezidentov euroobmočja v eurih Obveznosti do nerezidentov euroobmočja v tuji valuti Vloge , stanja in druge obveznosti Obveznosti znotraj Eurosistema Obveznosti , ustrezne prenosu deviznih rezerv Druge obveznosti Pasivne časovne razmejitve Razno
Provisions Revaluation accounts Capital and reserves Capital Profit for the year Total liabilities
Rezervacije Računi prevrednotenja Kapital in rezerve Kapital Presežek prihodkov nad odhodki tekočega leta
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31 DECEMBER 2006 NOTE NUMBER Interest income on foreign reserve assets Interest income arising from the allocation of euro banknotes within the Eurosystem Other interest income Interest income Remuneration of NCBs » claims in respect of foreign reserves transferred Other interest expense Interest expense Net interest income Realised gains / losses arising from financial operations Write-downs on financial assets and positions Transfer to / from provisions for foreign exchange rate and price risks Net result of financial operations , write-downs and risk provisions Net expense from fees and commissions Income from equity shares and participating interests Other income Total net income Staff costs Administrative expenses Depreciation of tangible fixed assets Banknote production services Profit for the year 28 26 27 23 20 2006 Euros 1,318,243,236 1,318,852,000 2,761,697,060 5,398,792,296 ( 965,331,593 ) ( 2,461,625,254 ) ( 3,426,956,847 ) 1,971,835,449 2005 Euros 889,408,789 868,451,848 1,794,267,421 3,552,128,058 ( 710,160,404 ) ( 1,572,338,709 ) ( 2,282,499,113 ) 1,269,628,945
Obrestni prihodki od deviznih rezerv Obrestni prihodki iz razdelitve eurobankovcev znotraj Eurosistema Drugi obrestni prihodki Obrestni prihodki Obrestovanje terjatev NCB v zvezi s prenesenimi deviznimi rezervami Drugi obrestni odhodki Obrestni odhodki Neto obr estni prihodki Realizirani prihodki / odhodki iz finančnih sredstev Zmanjšanje knjigovodske vrednosti finančnih sredstev in pozicij Prenos v / črpanje rezervacij za tečanja in cenovna tveganja Neto rezultat finančnih sredstev , zmanjšanja knjigovodske vrednosti in rezervacij za tveganja Neto odhodki iz provizij Prihodek iz lastniških vrednostnih papirjev in udeležb v drugih družbah Drugi prihodki Skupaj neto prihodki Stroški dela Upravni stroški Amortizacija opredmetenih osnovnih sredstev Storitve tiskanja bankovcev Presežek prihodkov nad odhodki tekočega leta Frankfurt na Majni , 27 .
475,380,708 ( 718,467,508 ) ( 1,379,351,719 ) 149,369,135 ( 97,494,081 ) ( 992,043,443 )
1.318.243.236 1.318.852.000 2.761.697.060 5.398.792.296 ( 965.331.593 ) ( 2.461.625.254 ) ( 3.426.956.847 ) 1.971.835.449 475.380.708 ( 718.467.508 ) ( 1.379.351.719 )
( 1,622,438,519 ) ( 546,480 ) ( 940,168,389 ) ( 182,373 )
889.408.789 868.451.848 1.794.267.421 3.552.128.058 ( 710.160.404 ) ( 1.572.338.709 ) ( 2.282.499.113 ) 1.269.628.945 149.369.135 ( 97.494.081 ) ( 992.043.443 )
24 25 911,866 11,407,583 361,169,899 ( 160,847,043 ) ( 166,426,595 ) ( 29,162,141 ) ( 4,734,120 ) 0
( 1.622.438.519 ) ( 546.480 ) 911.866 11.407.583 361.169.899 ( 160.847.043 ) ( 166.426.595 ) ( 29.162.141 ) ( 4.734.120 ) 0
853,403 17,428,558 347,560,144 ( 153,048,314 ) ( 158,457,219 ) ( 31,888,637 ) ( 4,165,974 ) 0
( 940.168.389 ) ( 182.373 ) 853.403 17.428.558 347.560.144 ( 153.048.314 ) ( 158.457.219 ) ( 31.888.637 ) ( 4.165.974 ) 0
Frankfurt am Main , 27 February 2007 EUROPEAN CENTRAL BANK Jean-Claude Trichet President
EVROPSKA CENTRALNA BANKA Jean-Claude Trichet Predsednik
ACCOUNTING POLICIES 1 FORM AND PRESENTATION OF THE FINANCIAL STATEMENTS The financial statements of the European Central Bank ( ECB ) have been designed to present fairly the financial position of the ECB and the results of its operations .
RAČUNOVODSKE USMERIT VE 1 OBLIKA IN PREDSTAVITEV RAČUNOVODSKIH IZKAZOV Namen računovodskih izkazov Evropske centralne banke ( ECB ) je , da pošteno prikažejo finančno stanje ECB in rezultate njenega poslovanja .
They have been drawn up in accordance with the following accounting policies 2 , which the Governing Council considers to be appropriate to the nature of central bank activity .
Pripravljeni so bili v skladu s spodnjimi računovodskimi usmeritvami 2 , za katere Svet ECB meni , da so primerne za naravo dejavnosti centralne banke .
ACCOUNTING PRINCIPLES The following accounting principles have been applied : economic reality and transparency , prudence , recognition of post-balance-sheet events , materiality , the accruals principle , going concern , consistency and comparability .
RAČUNOVODSKA NAČELA Uporabljena so bila naslednja računovodska načela : realnost in preglednost , previdnost , priznavanje dogodkov po datumu bilance stanja , pomembnost , načelo upoštevanja nastanka poslovnega dogodka , načelo časovne neomejenosti delovanja , skladnost in primerljivost .
RECOGNITION OF ASSETS AND LIABILITIES An asset or liability is only recognised in the Balance Sheet when it is probable that any associated future economic benefit will flow to or from the ECB , substantially all of the associated risks and rewards have been transferred to the ECB , and the cost or value of the asset or the amount of the obligation can be measured reliably .
PRIZNAVANJE SREDSTEV IN OBVEZNOSTI Sredstva ali obveznosti se priznajo v bilanci stanja samo , če je verjetno , da bo katera koli prihodnja ekonomska korist v zvezi s postavko sredstev ali obveznosti pritekala k ECB ali od nje odtekala , če so vsa tveganja in nagrade v zvezi s sredstvom ali obveznostjo v največji meri prenesene na ECB , ter če je mogoče nabavno ceno ali vrednost sredstev ali znesek obveznosti zanesljivo izmeriti .
BASIS OF ACCOUNTING The accounts have been prepared on a historical cost basis , modified to include market valuation of marketable securities , gold and all other on-balance-sheet and off-balance-sheet assets and liabilities denominated in foreign currency .
RAČUNOVODSKA IZHODIŠČA Ti računovodski izkazi so bili pripravljeni na podlagi načela izvirne vrednosti z upoštevanjem tržne vrednosti tržnih vrednostnih papirjev , zlata ter vseh drugih bilančnih in zabilančnih sredstev in obveznosti v tuji valuti .
Transactions in financial assets and liabilities are reflected in the accounts on the basis of the date on which they are settled .
Transakcije s finančnimi sredstvi in obveznostmi se v računovodskih izkazih evidentirajo glede na datum poravnave .
With effect from 1 January 2007 , the basis for recording foreign exchange transactions , financial instruments denominated in foreign currency and related accruals in the accounts of Eurosystem central banks has changed . Early application was permitted , and the ECB introduced the change as at 1 October 2006 , GOLD AND FOREIGN CURRENCY ASSETS AND LIABILITIES Assets and liabilities denominated in foreign currency are converted into euro at the exchange rate prevailing on the Balance Sheet date .
Z začetkom veljavnosti od 1 . januarja 2007 se je podlaga za evidentiranje deviznih transakcij , finančnih instrumentov , denominiranih v tuji valuti , in pripadajočih časovnih razmejitev v knjigah centralnih bank Eurosistema spremenila .
The revaluation of foreign exchange assets and liabilities , including on-balance-sheet and off-balance-sheet instruments , is performed on a currency-by-currency basis . Revaluation to the market price for assets and liabilities denominated in foreign currency is treated separately from the exchange rate revaluation .
Ker je bila dovoljena predčasna uporaba , je ECB spremembo uvedla na dan Pri sredstvih in obveznostih v tuji valuti se prevrednotenje zaradi spremembe tržne cene izvaja ločeno od prevrednotenja zaradi spremembe deviznega tečaja . Zlato se vrednoti po tržni ceni ob koncu leta .
Gold is valued at the market price prevailing at the year-end . No distinction is made between 1 The detailed accounting policies of the ECB are laid down in Decision ECB / 2002/11 , OJ L 58 , 3.3.2003 , p. 38 , as amended .
Pri zlatu se razlike zaradi spremembe cene in razlike zaradi spremembe tečaja ne obravnavajo ločeno , temveč se evidentira ena sama razlika zaradi vrednotenja , ki temelji na ceni za unčo 1 Računovodske usmeritve ECB so podrobno opredeljene v Sklepu ECB / 2002/11 , UL L 58 , 3.3.2003 , str . 38 , z vsemi spremembami .
With effect from 1 January 2007 , this Decision has been repealed and replaced by Decision ECB / 2006/17 , OJ L 348 , 11.12.2006 , p. 38 .
Z začetkom veljavnosti od 1 . januarja 2007 se ta sklep razveljavi in nadomesti s Sklepom ECB / 2006/17 , UL L 348 , 11.12.2006 , str .
These policies are consistent with the provisions of Article 26.4 of the Statute of the ESCB , which require a harmonised approach to the rules governing the accounting and financial reporting of Eurosystem operations . with the following effects .
38 . Te usmeritve so skladne z določbami člena 26.4 Statuta ESCB , ki zahtevajo usklajen pristop k pravilom , ki urejajo računovodenje in finančno poročanje operacij Eurosistema .
With the exception of securities , transactions are now recorded in off-balance-sheet accounts on the trade date .
Z izjemo vrednostnih papirjev se transakcije sedaj evidentirajo na zabilančnih računih na datum sklenitve posla .
At settlement date the off-balance-sheet entries are reversed and transactions are booked onbalance-sheet .
Na datum poravnave se zabilančne knjižbe stornirajo , transakcije pa se knjižijo v bilanco stanja .
Purchases and sales of foreign currency affect the net foreign currency position on the trade date , rather than on the spot settlement date as has been the case hitherto , and realised results arising from sales are also calculated on the trade date .
Nakupi in prodaje tujih valut tako spremenijo neto valutno pozicijo na datum sklenitve posla in ne na datum promptne poravnave kot doslej , realizirani rezultati , ki izhajajo iz prodaj , pa se ravno tako izračunajo na datum sklenitve posla .
Accrued interest , premiums and discounts related to financial instruments denominated in foreign currency are calculated and booked daily , and the foreign currency position is also affected daily by these accruals instead of changing only when interest cash flows actually occur , as was the case previously .
Natečene obresti , premije in diskonti v zvezi s finančnimi instrumenti , denominiranimi v tuji valuti , se izračunajo in knjižijo dnevno , tako da pride do spremembe valutne pozicije zaradi teh časovnih razmejitev dnevno in ne šele ob dejanskem nastanku denarnih tokov v zvezi z obrestmi kot prej .
Retrospective application of this change in accounting policies to earlier periods is not practicable .
Uporaba te spremembe v računovodskih usmeritvah za nazaj , za predhodna obdobja , ni možna .
the price and currency revaluation differences for gold .
zlata v eurih .
Instead , a single gold valuation is accounted for on the basis of the price in euro per fine ounce of gold , which , for the year ending 31 December 2006 , was derived from the exchange rate of the euro against the US dollar on 29 December 2006 .
Za leto , končano 31 . decembra 2006 , je bila ta cena določena na podlagi tečaja EUR / USD na dan 29 .
SECURITIES All marketable securities and similar assets are valued at the mid-market prices prevailing at the Balance Sheet date on a security-by-security basis .
VREDNOSTNI PAPIRJI Vsi tržni vrednostni papirji in podobna sredstva se vrednotijo po srednjih tržnih cenah na datum bilance stanja , in sicer vsak vrednostni papir posebej .
For the year ending 31 December 2006 , mid-market prices on 29 December 2006 were used .
decembra 2006 , so bile uporabljene srednje tržne cene , ki so veljale na dan 29 . decembra 2006 .
Non-marketable securities are valued at cost .
Netržni vrednostni papirji se vrednotijo po nabavni vrednosti .
INCOME RECOGNITION Income and expenses are recognised in the period in which they are earned or incurred .
PRIZNAVANJE PRIHODKOV Prihodki in odhodki se priznajo v obdobju , v katerem so nastali .