Circulating capital

Circulating capital consists of the following:

working capital;

other circulating capital;

(5)(a) The Union shall have a working capital fund which shall be constituted by a single payment made by each country of the Union.

(6) (a) The Special Union shall have a working capital fund which shall be constituted by a single payment made by each country of the Special Union.

(7) (a) In the headquarters agreement concluded with the country on the territory of which the Organization has its headquarters, it shall be provided that, whenever the working capital fund is insufficient, such country shall grant advances.

This advance shall represent working capital which shall be recovered for each programming document:

working capital subsidy of up to MTL 51 804 000. This operating aid element of the plan decreases over time, so that no more than 25% of the amount actually paid out may be paid out during the last four years of the restructuring plan.

LAND AND BUILDINGS, DEADSTOCK AND CIRCULATING CAPITAL

the need for equity capital is generally linked not only to assets but also to the need for working capital during an enterprise's start-up or expansion phase;

Interest and financial charges paid on loans abtained to finance working capital (livestock, deadstock and circulating capital) and to creditors (1).

This heading is not filled in if the circulating capital is determined arbitrarily (see also instructions on circulating capital, heading 102)

Instead, the VAT transactions affect either the current assets or the current liabilities as set out in their accounts.

It also includes employees in research laboratories, finance, purchasing and supplies, sales and distribution, personnel, and those providing service to the company itself (i. e. to shareholders, company assets, etc.), and clerical staff not included in lines 1 to 17.

This advance shall represent working capital which, in principle, may be recovered only at the end of the programming period for each programming document, or once the aggregate sum of the expenditure paid out by the EAGGF and the amount of the advance is equal to the total EAGGF contribution provided for in the programming document.

Conversely, a drop in the relative price of the asset produces a real holding loss for the unit holding it.

By the same token, a financial asset held by the rest of the world is a liability for the total economy and vice versa (except monetary gold and special drawing rights).

the only handling authorized during this transport shall be that carried out respectively at the point of entry into or exit from Community territory for direct transhipment from a ship or aircraft to any other means of transport or vice versa.

For an institutional unit, a swap or a forward rate agreement is recorded under the item financial derivatives on the assets side where it has a net asset value, positive net payments increasing the net value (and conversely).

The absence of produced assets in the accumulation accounts and balance sheets of the rest of the world is due to the convention whereby a notional institutional unit is created, the rest of the world being deemed to have acquired a financial asset - and vice versa for assets held in other economies by resident units.

Agents responsible for stowing and unstowing or docking companies who move some or all of the freight between the vessel and the port facilities or means of overland transport and vice versa must also comply with this requirement.Furthermore, persons that unload, tranship and transfer and, in general, make use of Chilean mainland or island ports, particularly with respect to fishing catches or fishing catches processed on board, must be Chilean legal or natural persons.

other circulating capital:

As working capital, to meet the short-term liquidity needs of the first account; and

This advance shall represent working capital which shall be recovered for each programming document:

This heading is not filled in if the circulating capital is determined arbitrarily (see also instructions on circulating capital, heading 102).

Interest and financial charges paid on loans obtained to finance working capital (livestock, deadstock and circulating capital) and to creditors

Community co-financing under this Regulation shall take the form of grants, including contributions to working capital for microcredit projects.

The Commission shall establish a working capital fund to finance operations of the Commission prior to receiving annual contributions, and for such other purposes as the Commission may determine.

In Annex II, Title II, under G 'Land and buildings, deadstock and circulating capital' - heading 'Depreciation of machinery and equipment' footnote 1 is supplemented as follows:

To Annex II, Title II of Regulation (EEC) No 2237/77 should therefore be added as follows: 1. under "G. Land and buildings, deadstock and circulating capital", heading "Depreciation of machinery and equipment", to footnote 1 should be added:

Where the costs indicated are for the total "consumption" of inputs during the accounting year but do not correspond to production during that year, changes in stocks of inputs (including costs accruing to growing crops) should be indicated under heading 102 "circulating capital".

Whereas, in order to permit producer groups or associations thereof which produce and market table olives to concentrate supply and to stagger quantities released to the market by means in particular of suitable storage capacity, such groups or associations should be encouraged, to set up working capital;

Where an operator runs several production units in the same area, the units producing crops or crop products not covered by Article 1, together with storage premises for input products (such as fertilisers, plant protection products, seed) must also be subject to the general inspection arrangements laid down in the general provisions of this Annex as well as to the specific inspections provisions as regards points 1, 2, 3, 4 and 6 of the general provisions.

Member States shall grant specific aid to groups or associations thereof of producers of table olives falling within CN codes 0709 90 31, 0709 90 39, 0710 80 10, 0711 20, ex 0712 90 90, ex 2001 90 80, ex 2004 90 30 and 2005 70 00 which fulfil the conditions set out in Articles 5 and 6 (1) and (2) of Regulation (EEC) No 1360/78 (3) and which constitute working capital with the objective of stabilizing supply by ensuring in particular the financing of storage required for the suitable release to the market of the product.

any such resources remaining after such reimbursement shall be used to reconstitute in reverse order, the resources referred to in (a), (b) and (c) above.

the need for equity capital is generally linked not only to assets but also to the need for working capital during an enterprise's start-up or expansion phase;

THE ONLY HANDLING AUTHORIZED DURING THIS TRANSPORT SHALL BE THAT CARRIED OUT RESPECTIVELY AT THE POINT OF ENTRY INTO OR EXIT FROM COMMUNITY TERRITORY FOR DIRECT TRANSHIPMENT FROM A SHIP OR AIRCRAFT TO ANY OTHER MEANS OF TRANSPORT OR VICE VERSA.

Where an operator runs several production units in the same area producing crops or crop products not covered by Article 1 together with storage premises for input products (such as fertilizers, plant protection products, seed) must also be subject to the inspection arrangements as regards the first subparagraph of point 2 and points 3 and 4.

any such resources remaining after such reimbursement shall be used to reconstitute in reverse order, the resources referred to in (a), (b) and (c) above,