Order of Ministry of Finance of the Russian Federation from 28.08.2014 N 84n “On Approval of the Procedure of Net Assets Valuation”.

According to paragraph one of Item 3 of article 35 of the Federal Law of December 26, 1995 No. 208-FZ “About joint-stock companies” (The Russian Federation Code, 1996, No. 1, Art. 1; 2001, No. 33, Art. 3423; 2006, No. 31, Art. 3445; 2009, No. 52, Art. 6428; 2011, No. 30, the Art. 4576), Item 5 of article 10 of the Federal Law of May 8, 1996 No. 41-FZ “About production cooperatives” (The Russian Federation Code, 1996, No. 20, Art. 2321; 2001, No. 21, Art. 2062; 2011, No. 49, the Art. 7040), paragraph one of Item 2 of article 30 of the Federal Law of February 8, 1998 No. 14-FZ “About limited liability companies” (The Russian Federation Code, 1998, No. 7, Art. 785; 2011, No. 30, the Art. 4576), the paragraph third Item 2 of article 15 of the Federal Law of November 14, 2002 No. 161-FZ “About state and municipal unitary enterprises” (The Russian Federation Code, 2002, No. 48, Art. 4746; 2011, No. 49, the Art. 7040), part 3 of article 32 of the Federal Law of December 30, 2004 No. 215-FZ “About housing accumulative cooperatives” (The Russian Federation Code, 2005, No. 1, Art. 41; 2011, No. 49, Art. 7040; 2013, No. 30, the Art. 4084), part 7 of article 6 of the Federal Law of December 29, 2006 No. 244-FZ “About state regulation of activities for the organization and carrying out gamblings and about modification of some legal acts of the Russian Federation” (The Russian Federation Code, 2007, No. 1, Art. 7; 2010, No. 17, Art. 1987; 2011, No. 30, Art. 4590; 2012, No. 43, Art. 5781; 2014, No. 30, the Art. 4223, 4279), part 3 of article 15 of the Federal Law of December 3, 2011 No. 380-FZ “About economic partnership” (The Russian Federation Code, 2011, No. 49, the Art. 7058), Item 1 and subitem 5.2.29 (1) the Regulations on the Ministry of Finance of the Russian Federation approved by the order of the Government of the Russian Federation of June 30, 2004 No. 329 (The Russian Federation Code, 2004, No. 31, Art. 3258; 2005, No. 52, Art. 5755; 2007, No. 23, Art. 2801; No. 45, Art. 5491; 2008, No. 5, Art. 441; 2010, No. 5, Art. 531; 2011, No. 1, Art. 238; No. 36, Art. 5148; 2012, No. 20, Art. 2562; 2013, No. 20, the Art. 2488, No. 36, the Art. 4578), Item 1 of the order of the Government of the Russian Federation of November 26, 2012 No. 1221 “About the federal executive body authorized on establishment of procedure for cost determination of net assets of economic partnership based on accounting data” (The Russian Federation Code, 2012, 49, of the Art. 6866) I order to No.:

1. Approve the enclosed Procedure for cost determination of net assets.

2. Recognize invalid:

the order of the Ministry of Finance of the Russian Federation and the Federal Commission for the Securities Market of January 29, 2003 No. 10n/03-6/pz “About approval of the Evaluation procedure of net assets value of joint-stock companies” (registration No. 4252 is registered by the Ministry of Justice of the Russian Federation on March 12, 2003; Bulletin of regulations of federal executive bodies, 2003, No. 18);

the order of the Ministry of Finance of the Russian Federation and the Federal Service for Financial Markets of February 1, 2007 No. of 7n/07-10/pz-N “About approval of the Evaluation procedure of net assets value of the insurance companies created in the form of joint-stock companies” (registration No. 9235 is registered by the Ministry of Justice of the Russian Federation on April 5, 2007; Bulletin of regulations of federal executive bodies, 2007, No. 18);

Minister of Finance of the Russian Federation

A. G. Siluanov

Approved by the Order of the Ministry of Finance of the Russian Federation of August 28, 2014, No. 84n

Procedure for cost determination of net assets

1. This Procedure is applied by joint-stock companies, limited liability companies, the state unitary enterprises, municipal unitary enterprises, production cooperatives, housing accumulative cooperatives, economic partnership (further – the organizations).

2. This Procedure extends to organizers of gamblings.

3. This Procedure does not extend to credit institutions, joint-stock investment funds.

4. Net assets value is determined as difference between the size of the assets of the organization accepted to calculation and size of obligations of the organization assumed to calculation. The objects of financial accounting considered by the organization on off-balance accounts in case of cost determination of net assets to calculation are not accepted.

5. The assets accepted to calculation include all assets of the organization, except for receivables of founders (participants, shareholders, owners, members) on fees (deposits) to the authorized capital (authorized capital, share fund, the share capital), on payment of shares.

6. Obligations assumed to calculation include all obligations of the organization, except for the deferred revenues recognized by the organization in connection with receipt of government assistance, and also in connection with non-paid receipt of property.

7. Net assets value is determined by accounting data. At the same time assets and liabilities are accepted to calculation for the cost which is subject to reflection in the balance sheet of the organization (in net – assessment less the regulating sizes) proceeding from rules of assessment of the corresponding balance sheet items.