The aim of the balance sheets is to give a picture of the assets, liabilities and net worth of units at the start and end of the accounting period and of changes between balance sheets.

This ensures that these taxes are incorporated in the balancing item of account 2, net domestic product (NDP), see cell (3, 2).

Value added, i.e. the balancing item, may be calculated either before or after consumption of fixed capital (gross or net value added).

deleting the other changes in assets account, the opening balance sheet, the changes in balance sheets account, the closing balance sheet and the net worth account, both for the total economy and for the rest of the world, and deleting the external financial account;

The difference between assets and liabilities - the balancing item in the account - is the net worth at the start of the accounting period.

(b) at the quarter-end the revaluation of a security shall be made on the basis of the net position resulting from the balance sheet and from the sales of the same security recorded in the off-balance-sheet accounts.

A net loss balance shall be debited to the profit and loss account when it exceeds previous revaluation gains registered in the revaluation account;

Balance sheets are presented with 'liabilities and net worth' (the difference between assets and liabilities) on the right side and 'assets' on the left.

The result of all this is that the generation of income account is closed with a new balancing item (1 473), in between the total net value added and NNI.

The balance sheets show the total assets and liabilities of the various units at the beginning and end of the accounting period, together with their net worth.

The sector accounts also include balance sheets to describe the stocks of assets, liabilities and net worth at the beginning and the end of the accounting period.

The movements recorded in the other changes in volume of assets account affect the net worth of the balance sheets of the units, sectors and subsectors concerned.

one for the current external balance, capital transfers to and from the rest of the world and the balancing item, changes in the net external financial position due to the current external balance and capital transfers (-38), see cell (21, 16);

This yields a balancing item, change in net worth due to saving and capital transfers (230), that is transferred to the changes in balance sheet account (account 11).

This serves to include the balancing item net lending in table 8. 20, though with a reverse sign when viewed from the standpoint of the national economy (cell IX, XI).

Exports and imports of insurance services both increase by the amount of premium supplements, leaving the net impact on the balance of exports and imports undetermined.

This balancing item, named total net generated income, at basic prices, gives total income earned by resident institutional units as a result of being engaged in production.

Should a default termination occur, the ECB shall, as soon as is reasonably practicable, take an account of what is due from each party to the other under each netting agreement (including under Appendix 2 of this Agreement) in respect of which default termination has occured and aggregate the sums due from each party to the other under such netting agreements (including under Appendix 2 to this Agreement), in every case in or converted into the base currency, and only the net balance of the account shall be payable by the party owing the larger aggregate sum.

Should a default termination occur, the ECB shall, as soon as is reasonably practicable, take an account of what is due from each Party to the other under each netting agreement (including under Appendix 2 to this Agreement) in respect of which default termination has occurred and aggregate the sums due from each Party to the other under such netting agreements (including under Appendix 2 to this Agreement), in every case in or converted into the base currency, and only the net balance of the account shall be payable by the Party owing the larger aggregate sum.

In the context of intra-Eurosystem transactions, settlement refers to the elimination of the net balances arising from intra-Eurosystem transactions and requires the transfer of assets.

The changes in balance sheet account records changes in the value of assets and liabilities in the course of the accounting period and aggregates the amounts recorded in the various accumulation accounts, i. e. change in net worth due to saving and capital transfers, change in net worth due to other volume changes in assets and change in net worth due to nominal holding gains and losses.

The amount of the revaluation shall be equal to the difference between this net position valued at revaluation price and the same position valued at the average cost of the balance sheet position.

Next, the account for changes in balance sheet records both components of these changes in the row, see cells (11, 6) and (11, 9), and the total changes in net worth (535) in the column, see cell (13, 11).

Apart from the diagonal item, column 3 contains primary income payable to the rest of the world (41) in cell (15, 3) and the balancing item, net national income (1633), that connects this account and the next one.

The capital account records acquisitions less disposals of non-financial assets by resident units and measures the change in net worth due to saving (final balancing item in the current accounts) and capital transfers.

Then, the closing balance sheet presents in the row the opening stock of liabilities (cell 12, 10), both components of changes in liabilities (cells 12, 7 and 12, 9), and the closing net worth (10951), see cell (12, 13).

Apart from disposable income, the row of this account records an adjustment for changes in net equity of households on resident pension funds (11) on the diagonal and an adjustment for changes in net equity of households on non-resident pension funds (0) in column 15. The column contains, in addition to final consumption (1371) and the diagonal item, an adjustment for changes in net equity of non-resident households on resident pension funds (0), see cell (15, 5), and the balancing item, net saving (233), which is put on the first capital subaccount (account 6).

For the purpose of the Member States' reports to the Commission under the excessive deficit procedure laid down in Council Regulation (EC) No 3605/93 (1), "Government deficit" is the balancing item "net borrowing/net lending" of General Government, including streams of interest payments resulting from swaps arrangements and forward rate agreements.

First, the opening balance sheet gives in the row the opening stock of assets (16714), see cell (10, 12), and in the column the opening stock of liabilities (6298), see cell (12, 10), and the opening net worth (10416), see cell (13, 10).

Column 4 shows, in addition to the diagonal item, current transfers to the rest of the world (39), in cell (15, 4), while the balancing item, (adjusted) net disposable income (1604), is put on the use of (adjusted) disposable income account.

It is not possible to compile a complete capital account for agriculture because, although certain flows may be clearly attributable to this industry, other items (e.g. net saving, the balance of the sequence of the current accounts) cannot be calculated on an industry basis.

aggregates which represent balancing items in the accounts, such as gross domestic product at market prices (GDP), operating surplus of the total economy, national income, national disposable income, saving, current external balance, net worth of the total economy (national wealth).

another one for changes in assets due to the current external balance and capital transfers (50), see cell (17, 22), acquisitions less disposals of non-produced non-financial assets by non-resident units, see cell (7, 17), changes in liabilities due to the current external balance and capital transfers (88), see cell (22, 17), and the balancing item net lending of the rest of the world (-38), transferred to the next account.

In this Agreement, a "netting agreement" means any agreement for the time being in effect between the Parties (and including, without limitation, this Agreement and agreements of the kind listed in Appendix 1 to this Agreement), including such modifications and additions thereto as may be agreed between the ECB and the Counterparty (hereinafter referred to as the Parties) from time to time, which contains provisions to the effect that, should any event of default as defined for the purposes of such agreement occur, there may be an early termination, liquidation, closing-out or acceleration of transactions or obligations under transactions or any analogous event (a "default termination") and the respective obligations of the Parties under such agreement may be combined, aggregated or set-off against each other so as to produce a single net balance payable by one Party to the other.

In this Agreement, a "netting agreement" means any agreeement for the time being in effect between the Parties (and including, without limitation, this Agreement and agreements of the kind listed in Appendix 1 to this Agreement), including such modifications and additions thereto as may be agreed between the ECB and the Counterparty (hereinafter referred to as the Parties), from time to time, which contains provisions to the effect that, should any event of default as defined for the purposes of such agreement occur, there may be an early termination, liquidation, closing-out or acceleration of transactions or obligations under transactions or any analogous event (a "default termination") and the respective obligations of the parties under such agreement may be combined, aggregated or netted against each other so as to produce a single net balance payable by one Party to the other.

Secondly, the external account of primary incomes and current transfers records the balancing item of the previous account, and also primary income, current transfers and adjustment for the change in net equity of households on pension funds, to and from the rest of the world, respectively.

Fifthly, the account for other changes in assets presents in the row such changes of assets (7), see cell (19, 22), and in the column such changes of liabilities (3), see cell (22, 19), and also the balancing item, changes in the net external financial position due to other changes (4), see cell (21, 19).

The account for other changes in assets, account 9, records in the row the changes in assets due to other changes (379), see cell (9, 12), and in the column the changes in liabilities due to other changes (74), see cell (12, 9), and the balancing item, changes in net worth due to other changes (305), see cell (11, 9).

The column of this account, account 7, thus contains gross capital formation (cell 1, 7), the diagonal item (7, 7) discussed above, the changes in liabilities due to saving and capital transfers (603), see cell (12, 7), and a balancing item, net lending of the total economy (38), that is put on the next account, for financial transactions.

"5. Each year for five consecutive years from the date of constitution of the joint enterprise or the date on which the Community partner acquired holdings in the enterprise, applicants shall submit to the management authority a report on the implementation of the activity plan, including data on catches and markets of fisheries products, in particular products landed in or exported to the Community, with supporting documents, together with the enterprise's balance sheet and a statement of its net worth.

Articles 11 and 27 of Directive 78/660/EEC and, by way of reference, Article 6 of the Seventh Council Directive 83/349/EEC of 13 June 1983 on consolidated accounts (3) and Articles 20 and 21 of the Eighth Council Directive 84/253/EEC of 10 April 1984 on the approval of persons responsible for carrying out the statutory audits of accounting documents (4) specify thresholds expressed in euro for the balance sheet total and the net turnover, at or below which Member States may grant derogations from certain provisions of those Directives.

An entity shall not reflect in its opening IFRS balance sheet a hedging relationship of a type that does not qualify for hedge accounting under IAS 39 (for example, many hedging relationships where the hedging instrument is a cash instrument or written option; where the hedged item is a net position; or where the hedge covers interest risk in a held-to-maturity investment).

The net balance of the increases and decreases of the 'Fund for general banking risks' must be shown separately in the profit and loss account.

The net balance of the intra-Eurosystem claims and liabilities on euro banknotes in circulation should be remunerated by applying an objective criterion defining the cost of money.

However, supplementary applications may be submitted only if justified on the basis of the risk of the net balance in the Sapard euro account being exhausted before the next quarterly application has been processed.

for each class of asset, the net carrying amount at the balance sheet date;

the lower of current cost at the balance sheet date and net realisable value.

the sale of inventories after the balance sheet date may give evidence about their net realisable value at the balance sheet date;

the net actuarial gains or losses not recognised in the balance sheet (see paragraph 92);

At these same doses the ratios of iron excretion: iron intake were 1.02 (indicating net iron balance) and 1.67 (indicating net iron removal), respectively.