Allocation of net profits and losses of the European Central Bank

Allocation of net profits and losses of the ECB

The allocation of the individual NCB's and ECB's net credit or debit position to either the asset or liability side of the balance sheet is done according to the sign, i.e. a positive net position vis-à-vis the eurosystem will be reported on the asset side, a negative net position on the liability side.

Allocation and distribution of net income

determine the reserves and the allocation and distribution of the net profits of the Bank;

Allocation for 2004 of quotas for preserved mushrooms referred to in Article 1(1) of Regulation (EC) No 2125/95, in tonnes (net drained weight)

List of producing countries with tropical forest resources and/or net exporters of tropical timber in volume terms, and allocation of votes for the purposes of Articles 37

Only on the basis of proper cost and revenue allocation can it be determined whether the public financing is actually limited to the net costs of the public service remit and thus acceptable under Article 86(2) and the Protocol.

Any such decision on the allocation of the Bank's net income to other purposes shall be taken by a majority of not less than two-thirds of the governors, representing not less than two-thirds of the total voting power of the members.

It argued further that this should be reconsidered because part of the foreign currency translation gain was realised and furthermore, that a turnover basis was the most appropriate basis for the allocation of the net foreign exchange gain to different markets.

Allocation of net income

Allocation referred to in Article 2 (net drained weight)

ALLOCATION AS REFERRED TO IN ARTICLE 2 IN TONNES (NET DRAINED WEIGHT)

Allocation as referred to in Article 2 in tonnes (net drained weight)

This income allocation is based on a pattern reflecting a constant periodic return on the lessor's net investment outstanding in respect of the finance lease.

an impairment loss is recognised for the asset if its carrying amount is greater than the higher of its net selling price and the results of the allocation procedures described in paragraphs 88 and 89;

If an enterprise can compute segment net profit or loss or some other measure of segment profitability other than segment result without arbitrary allocations, reporting of such amount(s) is encouraged in addition to segment result, appropriately described.

in so far as the undertaking bears no investment risk and the allocation to cover management expenses is not fixed for a period exceeding five years, an amount equivalent to 25 % of the last financial year's net administrative expenses pertaining to such business;

They shall include, on the responsibility of the Russian authorities, sale of the products supplied on local markets at prices whereby the regional market will not be disturbed and also the principle of exclusive allocation of the net receipts of sales to social measures.

However, financial corrections imposed by the Commission under Article 19(2) of Decision 2000/596/EC after completion of the procedure laid down by Article 18(3) and (4) of the same Decision will in all cases involve a net reduction in the indicative allocation of assistance from the Fund.

Where an asset is not allocated by the draft terms of division and where the interpretation of these terms does not make a decision on its allocation possible, the asset or the consideration therefor shall be allocated to all the recipient companies in proportion to the share of the net assets allocated to each of those companies under the draft terms of division.