Net balance of the technical account of the profit and loss account (net of reinsurance).

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.

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 or if there is a risk of decommitment being invoked pursuant to the provisions of the relevant Annual Financing Agreement.`

(3) The amount held by a shareholder or partner in the capital of the recipient of the loan shall be determined, for the tax period, as an average on the basis of the balance of the paid-in capital, net profit brought forward, and reserves as at the last day of each month in the tax period.

The net worth of the assets and liabilities of the European Coal and Steel Community, as they appear in the balance sheet of the European Coal and Steel Community of 23 July 2002, subject to any increase or decrease which may occur as a result of the liquidation operations, shall be considered as Union assets intended for research in sectors related to the coal and steel industry, referred to as the "European Coal and Steel Community in liquidation".

Name: Sub-total II (= net balance of the technical account) (+/-)

Sub-total I (= gross balance of the technical account) is used in the calculation of sub-total II (= net balance of the technical account) (32 19 0).

In this case this variable is the balance of the other technical income, net amount (32 16 1), the net changes in other technical provisions, not shown under other headings (32 16 2), bonuses and rebates, net amount (32 16 3) and the other technical charges, net amount (32 16 4).

If the "other items in the technical account" (32 16 0) are recorded on net base only this net amount is considered in the calculation of sub-total I: gross balance of the technical account.

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

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.

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.

Net revenue available to finance research projects for year n+2 shall be recorded in the balance sheet of the ECSC in liquidation of year n and, on completion of the liquidation, in the balance sheet of the Assets of the Research Fund for Coal and Steel.

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.

The method employed consists of establishing the funding for coal and steel research for year n+2 when producing the balance sheet for year n, taking into account half of the increase or decrease in the net result in relation to the last level of funding adopted for coal and steel research.

The net worth of these assets and liabilities, as they appear in the balance sheet of the ECSC of 23 July 2002, subject to any increase or decrease which may occur as a result of the liquidation operations, shall be considered as assets intended for research in the sectors related to the coal and steel industry, referred to as the "ECSC in liquidation".

The net worth of these assets and liabilities, as they appear in the balance sheet of the ECSC of 23 July 2002, subject to any increase or decrease which may occur as a result of the liquidation operations, shall be considered as assets intended for research in the sectors related to the coal and steel industry, referred to as the "ECSC in liquidation".

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.

National income, net/Balance or primary incomes, net

Sub-total II (= net balance of the technical account)

Saving, net/external balance

Balance of primary incomes, net

Net national income/Balance of primary incomes, net

Net saving/Current external balance

a net profit balance shall be credited to the revaluation account.

Balance sheets present stocks of assets and liabilities and net worth.

(ii) on the basis of the sums so established, a calculation shall be made by the NCB (as at the repurchase date) of what is due from each party to the other and the sums due from one party shall be set off against the sums due to the other and only the net balance shall be payable by the party having the claim thereby valued at the lower amount and such net balance shall be due and payable on the next day on which all relevant parts of Target are operational to effect a payment.

All balancing items can be measured gross or net of consumption of fixed capital.

The sign of the balance and hence the net impact on GNP cannot be determined a priori.

(b) On the basis of the sums so established, a calculation shall be made by the NCB (as at the retransfer date) of what is due from each party to the other and the sums due from one party shall be converted in accordance with point 16, where necessary, into euro and set off against the sums due to the other and only the net balance shall be payable by the party having the claim thereby valued at the lower amount and such net balance shall be due and payable on the next day on which all relevant parts of Target are operational to effect such a payment.

The parties acknowledge that the terms of this Agreement, all transactions governed by this Agreement, any amendments to the terms of such transactions, and the single net balance payable under any netting agreement constitute a single business and contractual relationship and arrangement.

The Parties acknowledge that the terms of this Agreement, all transactions governed by this Agreement, any amendments to the terms of such transactions, and the single net balance payable under any netting agreement constitute a single business and contractual relationship and arrangement.

The balancing item of the capital account is the net lending or borrowing of the rest of the world.

(a) Net liabilities arising from balances of TARGET accounts and correspondent accounts of NCBs i.e. the net figure of claims and liabilities (see also asset item 'Other claims within the Eurosystem (net)')

(a) Net claims arising from balances of TARGET accounts and correspondent accounts of NCBs i.e. the net figure of claims and liabilities (see also liability item 'Other liabilities within the Eurosystem (net)')

take account of the net transitional cost of regional integration on budget revenue and balance of payments.

Comparison of two successive balance sheets shows changes in liabilities and net worth and changes in assets.

'Changes in net worth due to saving and capital transfers' for the rest of the world refers to changes in net worth due to current external balance and capital transfers.

The flows recorded in the revaluation account change the net worth of the balance sheets of the units concerned.

'Changes in net worth due to saving and capital transfers' is not a balancing item in the structure of the system.

Of course, the net incurrence of external liabilities plus net lending of the total economy equals the net acquisition of external financial assets, so that in this account too the balance between row and column totals is maintained.

This change, called change in net worth due to other volume changes of assets, is the balancing item in the account.

(a) Drawing rights within the reserve tranche (net) National quota minus balances in euro at the disposal of the IMF.

This change, called 'change in net worth due to nominal holding gains and losses', is the balancing item in the account.

Most balancing items can be calculated gross or net. In this matrix, all balancing items are shown net. Consumption of fixed capital (222) is put directly on the capital subaccount for the acquisition of non-financial assets (row 7 and column 2).

A part-certificate may not be issued in respect of less than 2 500 tonnes net of unprocessed cereals and 100 tonnes net of other goods, except where it relates to the balance of a given lot.