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49.400
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Xupo pavyu y 6auuu
90.000
Arclr.rjcxr.r Karrurarr og
Cne,qehe Ha[oMeHe cy
(2)
(3)
$l
no aruuju
mxofe
l.
50.000
97.715
85&291
858291
peJIeBaHrHe.
je
$2.800.
r.r3Hocr.rMa:
$946
fhare n 3apaAe
(4)
2r.240
77.240
(l)
41.936
Auopmsaquja MoropHHx
$2.464
Bo3[rJra ]r3Hocr,r 25Vo foIlu]|J.rte y3 rpr.rMeHy AerpecHBHor
MeTOAa.
(5)
(6)
(7)
Og eac ce rpaxu:
(a)
Aa rrpunpsMure
(6)
Pewene
Ilpuxog
ol
'
y$
y$
npolaje
647.400
15.400
321.874
(1q.473)
(317.g0r)
KAPI.AN PUBLISHING
\-_
Epyro go6ur
329.s99
flonoxerse po6e
13.256
Ognoxeme po6e
32.460
Crpyja (6.994
llopesu
7.940
946)
8.940
Ha nocJroBr{y r.{MoBr,rHy
140.756
6.984
I1.800
21.240))
7.040
(7.200)
(221.976)
tol.6n
(30.000)
[o6nr
77.623
3a roAr,rHy
rcaiutrtat
ry
[o6ur
3a
Crane
50.000
97.715
t47.7 t5
77.623
77.623
175.338
225.338
ro#HHy
ronrue
Ennaxc craba
Ha
doduli
50.000
Hadaeua
Arcytryaupaua
epe1nocla anopfrusaqujay
$$$
CralHa HMoBHHa:
Moropua Bo3HJra
49.400 28.280
21.120
O6prua cpeAcrBa:
3amxe
19.473
Kynuu
82.851
2.800
florpaxunama 3a KaMary
7.200
,{,enosur y 6aHqu
90.000
77.240
279.564
YrynHa cpeAcrBa
MPLAN PUBLISHING
300.684
h Cn HTH 14 n
14
JC KO
Ll
Kanm"ar
3BEtllTABAl-bE
l,I pe3epBe:
Axqujcxu
Kanr,rrurJr
oa
$l
no axqnju
50.000
Hepacnopefena Ao6ur
175.338
Vxylull
225.338
Ka[HTurJr
Kparropouue o6asege:
[o6anrsavu
41.936
O6pavynara crpyja
O6pa.rynare mrare
946
r,r 3apaAe
2.464
30.000
75.346
Yrymn
300.684
3arruyvax
y
r.r
npuHrlr.rnr no xojnua
Tpe6a ce floAcernrl{ KaKo ce npr,rnperrlajy ocHoBHH lunauc yc[exa u lutauc crarba npe
Hero uITo npefere Ha cloxeHuje rpaAHBo 3a Hcnr,rrHr,r 3aAaraK tDuuaucujcrco useeufiioeafte.
TTAFbA 3A
Itt4LlHy
N POBEPY
N
Pavynoaogcreene un$oprvraqnje
NhTAFbA
r,ts
IAS 1, (1.3)
NPAKT14L{HA
Koja 4sa ussopa noAaraKa o paqy{oBo4srBeHilM KoHqenruMa ce Hana3e y ny6nraxarprjarua IASB? (1,1)
2 Uraje
3
0.4)
llpegysefte'DWS"
l-lpegysefie "DWS" npunpeua ceoje paqyHe 3a nepuo4 go 30. cenreu6pa caaxe roAuHe. Ha 4aH 30.
cenreu6pa 20X4. ro4uxe rueH npo6xr,r 6unaxc je usrne4ao oaaxo:
llocrpojerua u onpeMa
- Ha6aexa BpeAHocr
- Ar.loprusaquja ua gau 1.
Ayryje
l-lorpaxyje
v$
}/$
125.000
28.000
Kaxqenapujcxa onpeMa
- Ha6asHa BpeAHocr
45.000
15.000
31.000
Ha6asxa u npogaja
115.000
188,000
8.000
6.000
Pacxo4u npogaje
12.000
l-pejarue
cBerno
8.000
MPLAN PUBLISHING
flnare u sapa4e
14,000
fiuperropcxe
HaKHaAe
5.000
lllraunarue
xauqenaprjcxu uarepujan
6,000
TeneQou u $axc
6.000
4.000
35.000
fio6aanavu u Kynqu
33,000
orr. 20X3,
4.000
roAuHe
Eauxa
3,000
Enarajxa
1.000
2,000
100.000
15.000
Pesepea
1,.
34.000
flpuapeueum pauyx
3.000
423,000
423,000
0
(iD
npogajy
$53,000
fiaru aeaucu:
(iiD
$1,000
$1,000
Yxanpe4o6pavyxarurpoluKoBu:
3apa4e
-AupeKropcKe HaKHafle
- peBr3opcKe HaKHafle
-
(iv)
(v)
(vD
nrrare u
$1,500
2% og Hero npuxoAa
$3.500
- KynoBilHa
r4sHocy oR $1,200
- nnaharue
(viD
Epojxa xoja y npo6xou 6unaxcy o3HaqaBa 6axxoexr cango je canAo npe ycxnafuaarua
craba ca 6axxou, Haxox ycxnafiuBatta, orKpuBa ce Aa:
(viii)
- nocrpojerue u onpeMa
- xaHqenapujcKa onpeMa
(ix)
lGPI.AN PUBLISHING
10%opHa6aaxe BpeAHocrH
33,33% Hero
cilAa
ua xpajy roAuHe.
nCnnTHn
n P EAM
ET :
o14 HAHC
14
JC
KO
(x)
(xi)
14
SBEIUTABAI-bE
04 Bac ce 3axreBa:
(a)
Ha
(6)
Ha
(12 noena)
ro4uxe
(8 noexa)
(Yxynno:20 noexa)
OdZoeope Ho o6a Euutarca notrceure uahu
y odenrcy Odlooopu ua
rcpajy rcrcuZe
MPLAN PUBLISHING
llorraBlbe
:.
,-:
:-?$FOAf$ATil"A d'Cl-e'
.,.,t'*u'
ns',*r*i'' ra ec'e
*lrlt ;;; ; t'c
PETYIATOPH]4 OKB]/IP
CAfl PXAJ
NOTNABJbA
1. Mefyxapogxu npoqec
AOHOUelba CraHAapAa
reHH y rrpoqec
2. Oxarp IASB
3.
{un
Quxaxcuicxnx
nsaeuraja
4. Ocxoaxe npernocraBKe
0xarpa
5. KaanurarfleHe
KapaKrepucflKe
Qnxaxcnicxnx nsaeuraia
6. Enemenrn $nxaxcricxnx
nsaeuraia
7.
flpnaraeare
erreMeHara
Suuancuicxnx rsaeuraia
8. Ogruepaaane enemeHara
Qnxaxcnjcxnx tlsaeuraia
9. Koxqenrr KannTana H
oApxaBaba Kan[Tana
[nruean
Kaga sanpurrre oBo nouraBJbe rye6a Aa Were Aa:
o6jacuure
qr,rJbeBe
1 MefiynapogHu
1.1 Yaog
Konturer sa rrrefyHapogHe paqyHoBoAcrBene crarrrapae (IASC) je ocHonau 1973. roalrHe y
ur,rJby xapMoHusaquje paqyHoBoAcrBeHr,rx nocrynaKa unpoM csera. OA 1975. rolNne
IASC o6jauryje MehyHapoAHe paqyHoBoAcrBeHe craHAapAe (lAS) patu roApxaBarba
oBor rIHJba. Iloje4uuavne 3eM;be cy HMane clo6ogy aa oalyqyjy y rojoj nepn he ce
craHAapAH [ouroBarr.r
3eMJbe
(Ha npnr'rep
Exonoucru pasnujene
3eMaJba
6run Hajuepoganuujn
je oanfrnlo ga ycnoje rraefiylrapolue craHAapAe
y nornyHocTH.
BAXHA
HANOMEHA
Osnauheba IASC pacry og
xa,qa
je ocxoeara roKoM
1970-nx rog.
B[uIe
Mefiyruu
r,r cBe
Br,rue
l,t
BAXHA
HANOMEHA
Anpuna 2001.r04. IASC je
go6r,ro xoay crpyKrypy.
(sAC)
Oa6op sa r'refynapogne
paqyr{oBoAcTBeHe
craH,qapAe (IASB)
KoMr.rrer
a rJ[\,{aqen e
uefyuapogulo< slaH/Iapfla
Qunaucujcror H3BeuraBara
(TFRIC)
KAPLAN PUBLISHING
BAXHA
HANOM EHA
IASB je oprax sa AoHouebe
craHAapAa y HoBoi crpyrcyprr.
BAXHA
npoMoBHcabe npuMeHe
THx cTaHAapAa
jarnou
HANOM EHA
.
pa3Boj, y
rIHJbeBr,r
.
.
npoMoBr,lcatbe xapM0Hu3a-
q,tje uelyuapoguux
pai{yH0BoAcrBeHux npaKcu.
rlr,rJbeBe.
BAXHA
HANOMEHA
HAqIH:
uuenyje ce
Caaerogaau
r,r noAHocr,r
ro
[r,rrarbe
to
craHAapAa.
KOMITET
o6iaeruyje ce Haqpr sa
u3rlaralbe u noAHoct4 Ha
jaaxy pacnpaay
HaWr ce peBhAupa u
o6jaenyje Kao craxAapA.
HnH ryilIaqerba
KoM rpeHytKy npoueca, IASB trloxe Aa oAJI) IH .qa o6jasu .[onyrueHr sa glrcKycajy y
KoMeHrapa. 3a AoHourelbe oAryKa o o6janrunalLy AoKWeHTa 3a
noAcrr,rqarba
ur,rJby
je caraacuocr calro nehuHe qraHoBa IASB npucytHHx Ha cacraHKy.
HeorrxoAHa
4ucxycujy
Y 6nno
BAXHA
HANOM EHA
cBera.
Hu Oox4aquja IASC, uu
IASB, xuru
paqyH0BoAcTBeHa
10
MPLAN PUBLISHING
BA)KHA
HAN OM E HA
IFRIC o6es6efyje
nouroeabe IAS
pa3MaTpabeM cnopHr.rx
TaqaKa u o6jaamuaaruel,r
MepoAaBH0r Mhujrbetba.
CABET 3A
ncnnT
SIC xojn ce
rptxe
SIC ryr'ra,{ena o6janrseHa Ao AaHac, vuje ce 3Ha6e 3axreBa Ha oBoM r,rcnury, HaBeAeHI,I cy
KlbHre.
IAS/IFRS
BAXHA
HANOMEHA
Ao3BofteHa cy ABa
anrepHar[BHa nocrynKa:
ocHoBHl,r nocrynaK u
AO3BOrbeHn anrepHaTnBHI
nocrynaK.
ca
Ona uaeja uuje go6ura AoBoJbHy noAprrrKy H HHKapra unje pearusosaHa. Y [paKcn, I,r
ocHoBHH nocTynaK H Ao3BoJbeHH anrepHarHBHH [ocTynaK nrtrajy je4uax craTyc. Mefiyruu,
ycnojeuu flocryrraK ce Mopa AocneAHo [pHMerLHBarH.
IASB je usjanno aa 6ygyhn craHAapAH (IFRS) nehe caApxaru ocHoBHr.r nocryaaK H
Ao3BoJbeHe :rJrrepHaruBe. V cryrajennua y xojraua je us6op flocryflKa oAroBapajyfu,r, 6uhe
Aar Ar,rpeKraH r,rs6op 6es oqpefunama jeguor nocryflKa 3a ocHoBHr,r flocrynaK.
BAXHA
HANOMEHA
IASC craugapge je
noApxana MeNyxapogxa
opraxnsaquia xouncuia aa
xaprrie oA BpeAHocnr
(l0SC0), yruqaiua
oprauaaquja perynaropHHx
rena Ha caercxoj fupsr.r.
KAPLAN PUBLISHING
fogr,rue 1995. IASC ce AoroBopr{o ca IOSCO aa he IASC pa3BHTfi je4aH cxyn KrbyqHI,Ix
Axo IOSCO 6yge sagononHa oBr,rM craHAapAlrMa, IOSCO he mAa roApxant
IFRS xao nprrxBarJbuBy ocHoBy 3a paqyHoBoAcrneuo o6y':rnarar6e aKrLIBHocrH
[puKyrrJba]6a Kaflr,rraJra na uebysapo,quoM HHBoy r,r 3a cBpxe Korl,Iparba Ha oBI,IM
rlo6aru urrl rp)rc,r rrrruMa (yrrsyqyjyhl,r r auepuvro).
craHAapAa.
je
11
14
JC KO
t4
3BEtllTABAl-bE
BAXHA
HANOM EHA
04
2005.ro,quue KorupaHe
pa3yMJbr,rBr,rx
H [pHMeHJbHBHx r{ BHcoKo
Cra uajoalcuja
IASB n rbID(oBa
AoJra3Hrr,r
Ao KoHceH3yca.
6u ce uorra
QnuaHcujcxe usneurraje.
2.1 Yeog
BAXHA
HANOM EHA
y KoMe ce I,B,Iaxy
npeseHraqrjy QuHarcnjcxux
usaeunaja IASB uanaxy ce
Aa.rbeM
ocH0BHt4 KoHqenTH
npunpeMe u npesexraquje
Suxaxcujcrcax noaeunaja sa
cnolbHe Kopt,tcHHKe.
.
.
3a cnoJrHe KopHcHr.rKe
V Oxaupy sa npunpeMy lt
QrHaucnjcrux nsneuraja
uaueuraja (y
floMaxe HaurIoHaJrHHM
TeJII,rMa 3a
craHAapAa
12
MPLAN PUBLISHING
.
.
Ornup Hnje
fqEoNH14qrlJA
Konqenryanxu oxerp je
,,KoxepeHTH14 o4cTeM
ue$yco6xo noB$aHhx
qHrbeBa u ocHoBHHx
Suuaxoajcxu paqyHoBoAcrBa
u $uxaxcvjcrc,rx ueaeunaja'
(auepuvxu o46op ea
KoH
craHAapAe QuHaxcvjcxor
pasyxoaogcraa).
BHAeTH Aa
rojn ce
IEO14 H14qr4JA
0nure npuxaafiexn
pa'{yHoBoAcTBeHx
npxHqnnu (GAAP) ce
oAHoce Ha qeo cKyn MeroAa
$unaxcnjcxor
paYyHoBoAcrBa y npHMeHil y
ogpefexou cr4creMy.
Bau ucnu:r
MPI.AN PUBLISHING
13
nCnUTHn
n P EAM ET
: Oh HAHC
14
JCKO
Ll
3BE ltlTABAl-b E
eKOHOMCKI,IX oArryKa.
onu y neruxoj
flporrrJrocrr{, a He
Kopr4cHuKa 3a AoHourebe
eKoHoMcMx oAnyKa.
(DuHaHcnjcru usneurrajr
npfxajy HyxHo u
Ouxanorjcxu ueaeuraju
ynpaBrbalba pyKoBoAcrBa.
pyKOBOACTBO.
BAXHA
HANO M E HA
QunancujcKa crpyKrypa
_ NHKBI,IAHOCT }I COJIBEHTHOCT
Kopncxuqu QrHaxcutjcxux
u3BeuJraia uory 6one ga
npoqeHe
uoffiuocr
npe,qysefia Aa reHeprUe
roToBHHy aKo cy r4M
o6ee6e$ere uxSopuaquje
ycpe,qcpefieue xa:
guxancnicxy nosuquiy
npe4ysefia (nprxaaaxy
y 6unancy crarua)
nep$opmaxce
(npuxasaxe y 6unaxcy
ycflexa H y useeunaiy
o npoMeHaila Ha
xanurany)
rep0opMance npegyseha
xoje xoHrponuure
ToKoBe
roroBnne npegyseha
oHI,r
TOKOBC TOTOBIHE
(npuxaaaHe y
CacrasHr,t AenoBlr
uoaeunaiy o roKoBHHa
roroanxe)
pa3fiHtrrlre ac[eKre r,rcrnx rpaHcarqraja Hnr,r Apyrnx aorafiaja. Haxo csaKI,I usneurmj npyxa
nHQoprrraquje roje ce pasnrryjy oA ApyrHx, r'rano je BepoBarHo aa he jelaH rsneruraj
HMaTr,r caMo je4ny cnpxy t4IIu La he npy;rarn cne nuSopt'taquje ueonxoAHe 3a KoHKperHe
;"ffiH;l|l,r,
raurfopuauuje.
14
raxofe caApxe
KAPI.AN PUBLISHING
PETnATOPHI
OKBVIP :
nOrflABrbE 2
HANOMEHA
OuHaucujcxu H3BeuTajH
He
.
.
.
.
.
.
.
la
BAXHA
cBe HHBeCTltTope
saimogaaqe
3anocrleHe
.
.
.
.
BJracHrnur KarrrrraJra
(nocrojehn n norenuujannu)
BajMoAaBw, nomojehu
n noreHqujalHu, yxnyryjyhu
aHannuHape/caBefiHKe
nocroBHe napTHepe
u norenqujalue
xynqe npe4yseha
.
o
ApxaBy
iaBHocT.
jannocr.
BAXHA
usneuraju
HANOMEHA
V Oxaupy ce u4euru$ur<yjy
0cH0BHe npeTnocTaBKe
xoiuua ce pyKoBoAe
Quxaxcujcxu usaeu:raju
o6paryxcxa ocHoBa H
npuHqun crarrHocrH
noc,loBalba.
AEONHT/ql4JA
lGanrraruarc rcparrepacruxe
cy ceqixta Koia uH{npMaq4ie
.
pey
Quuam,tjoorM r,r3BurEr-
inua.uxe
xop,to+,tM 3a Apyre.
Ilnfiopua4uje xoje
swajxe
ue
aucy xamepujawo
noq
6umu kopucHe
MPLAN PUBLISHING
15
UCflhTHH n PEAM ET :
Otzl
BAXHA
HANOM EHA
Ipruapue
KBanr4TaruBHe
KapaKrepucThKe cy:
perreBaHrH0cT,
noFAaHocT, ynopeA[BocT
H
pa3yr'rrblrBocT.
Ozpauuuena
,qEoil
Ht4t_l14JE
Ilpar xuarurera je xrarnrer KojH rpe6a AocrHhu npe Hero urro ce pa3Morpe Apyra
cBojcrBa re nuQopuaqnje. Yxomro 6uno xoja r.ruQoprrlauuja ue npofie recr npara
KBzIJrHTera, rry ne rpe6a AaJ6e pa3Marpanl.
HH$oprtlaq[ja je ruareprjarHo sHaqajna yKonHKo 6n meHo H3ocraBJbarbe Hnr,r [orpelrHo
npnKa3r,IBabe MoDIo Aa yrurle Ha eKoHoMcKe o4rryKe KopucHr,rKa xoje ce AoHoce Ha
ocHoBy $uuaHcujcxr.rx nsreuraja.
t4H$opuaqaja je uarepuianxo
t/xQopuaquja
PeteeauEiuocdi
penenarmra sa norpe6e AoHoueba oAJryKa
KOpHcHr,rKa.
HA
r,rua caojcrao
BAXHA
HANOM
nouaxyhu uu 4a
nouaxyhu
Ilocrojn
16
HeKoJrr,rKo MoHerapHHx
IGPI.AN PUBLISHING
Iloytdaaocru
BAXHA
HAnOMEHA
l4ttQopuaquia uua
ceojcrao
noy3AaHocTlr KaAa He
ila6u6vm
HHooprtaauraja
rua cnojcmo
6vnnu roFAaHa.
caArxu
oHo
H KOpHCHI{K MOXe CMarparH Aa OHa BepHO npeAclitBrba - y cMr4cJry BaJIlrAHor orrHca
ce
o[paBAaHo
oqeKuBaTl,t
npeAcraBrba.
npeAcraBrba
r,r,Irlr
tlllo
Moxe
Hm HaB0AHO,
Aa
ffi:ff[Til'o'*
YiioPeduooc,i
Marepujanxe w,
rpeuKe u npeApacyAe,
BAXHA
HANOMEHA
,,,e**q,,.p.jy6,*y ffJff::f,.ui#X?T#,li1lfHJ#ffi#.T,:ff1'"3'Xffi::fxio1,oT,raF'pasnuvurnx
craby Aa
nopeAe
Kao
Su nano,rjcxe ueaeuraje
npe4ysefia Kpo3 BpeMe
usaeu:raie
pa3nHqurux npeAyeeha'
u QuHaHcricxe
HeonxoAHa
Aoc'leAHocr'
Croraje
AocJreArrocr.
flourro
BAXHA
HAnoMEHA
L1n$opuaryje roje ce
y $uHaHo,tjcrc,tu
rpe6a npuxaaaru
nppxajy
Ha raKaB
paeygeiy.
BAXHA
tlHAN
n I I \-'
OM
lvl E'
En
HA
/a
V Hexuu curyaquiaua ce
Bbhe npucycTBo
uxrpe6anpl'IKa3ar,IlliIi:.::Yi,I'111p.1::1'1i,11f:ry:*I-3:10*''
ieAHor
;;ffiIj#ttt*
il;ffi;,
u#:.
EtaZoepweuoctu
MPLAN PUBLISHING
17
BAXHA
HANOMEHA
Ier
eneuexara
.
.
.
.
.
cpeAcTBa (uuoarHa)
o6asege
cpeAcrBa (Nuonr.[ra)
o6asese
KAIIHTZUI
npHxoAH
pacxoAr,r
Kan[Tan
npHxoAH
CpedcQiea (uuoouna)
pacxoAH.
AEONHT/q14JA
pecypcu xoje npe4ysehe
p$ynraT
4orafaja u3 npoulflocm
KOpHCTr,r.
Cpegcraa (uuoer,rxa) cy
KoHTpOnHUe Kao
Cpegcrna cy pecypcu roje npegysehe rourpoauure Kao pe3ynrar Aorataja r,r3 rrporrrJrocrr,r
Ha ocHoBy KojHx ce overyje 4a he y 6y4yhHocur npegysehe r.rMarH npHnr,rB eKoHoMcKe
[a
H Ha
y 6ygyhxocrr npe,qyaefi e
,iMaTu npHnnB eK0HoMcKe
KOpr,lCTH.
TOTOBI,IHE.
O6aeeee
AEO14H14qr4JA
r,r3
rrpounocrr,r.
06aaese npe4craaruajy
o6aBe3e npaBHor nuqa Aa
Aa la.rse o6jacuurrro
rpauc$eprue
eKoHoMcKe
"o6aBe3e"
oHe nory 6urn 3aKoHcKe hrrw He. Ha npuuep, o6asesa uaharra flopma
wtn gorahaje r{3 re roAHHe (ro jecr
rpoune rpancarqrje uara 4orafaje) aaN npeua 3aKoHy, osa o6asesa ce He yrnphyje
na xpajy
HMOB}THE.
Koiludiaa
flEO14H14q14JA
Kanuran je rexoc xojn
npeocraje HaKoH ruro ce
yxynHe o6aaese npaBHor
nuqa oAy3My 0A beroBe
t4M0BuHe.
18
IGmn-ar je nsHoc xoju npeocraje HaKoH trrro ce yKynHe o6asese [paBHor nxua oAy3My oA
}bCIOBE I{MOBI,IHE.
KAPI.AN PUBLISHING
Karnrrar ce o6lIqHo
aHir",IIBHpa
AEOtAHnLIilJA
r,r3Mehy Kanurzrfia
gorafiaja. Osaj apym ce AeJrH Ha pa3,rr{rrr{re pe3epBe Koje Mory r,rMarn pa3,[.rqr,rre npHMeHe
Koj[
ce
jaura oa Aoflp]rHoca
Ilpuxoda
Ilpruo4lr cy noneharra
Hr4
(equity parlicjpants).
,qEoH Ht4qt4JA
Pacxqgn cy cuaruema
eKoHoMcKe Kopl,rcn4 T0K0M
pa{yHoBoAcrBefl 0f nepuoAa
Bt4iS/
OAn[Ba ilnil
tHl cpeAcraBa
rua
o6asea
HnH aKyMynlpa-
xofn pesynrupajy
AEONH14qr/JA
14
noApa3yMeBa
MoHerapHo
0nHcuBalbe eneMeHaTa
7 IlpuanaBalbe ereMeHara
Snnancnjcrnx H3Beuraia
7.1 Yeog
(equity prticipanb).
llpnrxanane
r,rJrr,r
oflpoirau+
eep6arxo
y BHAy rrp}ur{Ba
cMarbeBa o6aBe3a xoju pesynrrapajy pacrou Ka[Hrarra,
91
ror
y yxynnu a6np y
$uxaucrjcxou ueaeurajy.
BAXHA
HANOMEHA
Craera rpe6a ga ce np[3Ha
y $unaucrjcxuu
naaeurajuua axo:
-
l4cnyrffiBa ycfloBe
og
4e$uuuquja eneMeHTa
SuuaHcrjcxr,rx neaeunaja
. Ctaexa
Moxe Aa ce
oAMeph y MoHerapHoM
r43H0Cy y3 AoBorbHy
noy3AaHocT.
HaBeAeHe y je4uoj
yjelnoj
rouepqnjanuoM
HJrH
Crasra Moxe Aa ce
oAMepr,r
[o6ap
KAPI.AN PUBLISHING
19
nCnnTHV
EAM ET : oh HAHC
t4
JCKO N3BEIUTABAI-bE
(Darc iipusuaeama
BAXHA
HANOM EHA
.
.
.
[lpusxaeame cpeAcraBa
Qase:
noqeTHo npx3HaBalbe
HaKHaAHO OAMepaBalbe lr
npecTaHaK np[3HaBa]ba.
flej ciiie o
ileuse e c Ho c Eiu
BAXHA
Ilpusaaearue doflufrarca
HANOM EHA
llorpe6uu cy
4ouno npe
qap
nep4oAa 3ir
6r
H3BeUITaBalbe.
Yxolmo
BAXHA
HANOM EHA
florpe6nu cy goxaer 4a 6u
ce oApeAuno Aa nu je 4o
cMatuetua xanurana /Hero
aKrHBe Aouno npe rpaja
Ilorpe6un cy
aKTr,rBe
HasoAehr,r
u3BeurraBalte.
rpe6a npusuarn.
To je AoHeue y pacKopaKy ca rpaHcaKrlr{oHr{M rpr{cryrrolr{ us IAS 18 (sHAerI,I y AaJbeM
rexcry) y KoM ce HaBoAr,r Aa Ao6urar rpe6a npusHarr,r KaAa cy 3a Aary rpaucaxqnjy
?rcnyrbeHu olpehenn HaBeAeHH ycnoBu.
ulu
20
KAPLAN PUBLISHING
BAXHA
, HAnOMEHA
V Oxeupy ce
ocHoBe 3a oAMepaBame
roje
ce gucxyryjy y
Mepebe:
. ucropujcxu rpouax
. rexyhn rpouar
. ocr'apilBa BpeAHocr
. caAauhba BpeAHocr
. t/cropuicrcarpou.rax je
Tercyhu frpowarc
offioBe.
Ocfroapuoa opedtocdi
Cadawna epednocil
Cpe.qcrsa ce KBr.DKe no ca4aurmoj AHcKoHroMHoj speAHocrn 6yryhlx Hero [pr4,r]rm roroBllHe
.ruje ce reHepncabe overcyje no roj cranryr y peAoBHoM Tor(y flocJroBama, a o6anese y
AeQunuqraje
HAnOMEHA
flocroje,qea
rnaexa
'
KoHqenraoApxaBaba .
KanHTafla:
Kanrrafla
' oApxaBabe Qusurxor
KanHTana.
llpelra
Ilperrra oBoM KoHrrgnry go6ur ce ocrnapyje caMo aKo Qnsuvxra [poAyIoI,IBaH Kanallurer
npegyseha Ha xpajy nepuoAa rrpeMarlu Qusuvxl,t [poAyKrHBaH KanalInrer Ha rloqerKy
[ep]roAa. KoHrIem oApxaBarba Qr,rsnvxor Ka[Hrarra 3axreBa ycnajarre oAMepaBarba Ha
ocHoBy reryher rporrrKa.
BAXHA
HANOMEHA
JAIU'YUIC
xanrranasaje4xoonpebyiy
yo6fi.raieHo o6pavynaname
o6pa.ryHana]be ncroplrjcxor rporrrKa np(]AcraBJba rcou6nHaqrajy
Ha npuuep,
npuuep. yo6nvajeno
H oApxaBarbe QnuaucrjcKor Kanr,rrana. Tpenyruo, IASB se
ocHoBy
r,rcropujcxor
rporrrKa
xcrjr,|fiecexopracrrnayrpr,lnnponncyje noce6aH paqyHoBoAcrreuu o6pasaq rojn ce Mopa ycnojuru 3a npfiflpeMy
pertu,,l
paqyHoBoAcrBeHu
o6pasaq
$raHax$rjnorx
useeunaja
KAPI.AN PUBLISHING
QunaHcrajcxux ltsneunaja.
21
UCn
hTH
1,1
EAM ET : ON HAHC
14
JC KO
14
3BEIIJTABAI-bE
3axruyvax
.
.
.
.
.
.
.
QlrHaucujcxnx usneuraja
ocHoBHHM npernocranxaua (roHqernoM BpeMeHcKor pa3rpaHHqelba u craJrHocrn
noclonama)
uHJbeM
KBaJrr,rrarr,rBHr,IM
eJreMermHrrra
sunaucrjcrurx
nsneulTaja
usneuraja
'I
OAPXABA}bA KAN'ITA'IA.
nilTAFbA
3A
y
nPoBEPy
Il
7l t{ H
n PAKT14q
NilTAFbE
HO
1
2
3
4
5
6
UlracyqurbeBuOoxgaqujeIASC?(1.3)
Kpos Koje Sa3e IFRS nponasu y caou paseojy? (1,4)
KojecycBpxeIASBoxeupa?(2,1)
(6)
Hx$oprraaqnje
llpunuxor,,r Suxaucujcxor r3BeuraBalba oA cytul,lHcKor 3Haqaja je o6es6e4r,tril Aa ce
utt$opl,taquje caonurasajy Ha HaquH xojra je pasyrtaruuB sa Kopr4cHr,txe uoaeuraja. Taxofe je jaxo
6uruo 4a ce H3Beurajil npegyoefia xe nperpnaeajy uenorpe6xuM noAaquMa il Aa ce rporuKoBl,l
npuKynrbaba u o6jaanuaarua uu$opuaquja gpxe y rpaHilqaMa pa3yMHor.
22
MPLAN PUBLISHING
llornaBrbe 3
TEOPHJCKA NITAI.bA
CAA PXAJ
Y osotvl nornaBJby ce o6pahyjy KoMnJIeKcHa fllmarba oAMepaBa[r,a 4o6nrn y nepuoAy
nOfflABJbA
1. TprA,r,{r.rrr* tlpoMeHJbtIBI,Ix HHBoa IIeHa. Buaehere 4a je sa y[o3HaBarbe ca oBoM repuunolorlrjou r
pa{yHo'oAcrBo [HrarLHMa norpe6uo BpeMe. Tpeuymo He nocroju paqyHoBoAcrBeHr,r craHAap4 xoju ce
ucropuicxnx 6asLI reI',IoN,I [poMeHJbHBI,Ix HI,IBoa Uesa. IAS 15 llutfiopna4uje rcoje oilpaxaoajy eQercilie
rporuKoBa
ilpottennueux 4ena je 6uro Heo6asesyjyhe caonurreme Be3aHo sa o6eroAar6r,rBa6a, a He 3a
npHHurile
u IASB ra je nonyxao je lts ynorpe6e y leUeu6py 2003. rolnne.
2. KoxqenrBpeAHocrx
ry6nrxa
g. paryxoaogcroo
KoHcraHrHe
KynoBHe
oApxaBalba
Kanrrarra [nrueen
ruotn
4, Koxqenru
value).
r
r_-_ __.-
7.
flpyra
MoHeTapHoM rpotrrKy.
o
.
ce
llpnxog 3a cBaKr,r [ep]roA ce o6u.rHo y3r,rMa y o6aup cauo oHAa KaAa ce npr,rHoc
pealusyje y roroBHHH I4III,I HeKoM o6aury rojra he ce 6pso flperBoprmu y roroBnHy.
[o6ur
BAXHA
,
I
HAnOMEHA
o
TpaguqrouanHu nprcryn
pa'{yHoBoAcrBy ce KopHcrt4 o
Hero KrbLIroBoAcrBeHa
reryhe BpeAHocrH'
je vecro suavajHo
HroKa oA rbeHe
Bpe4uocr 3aJI}Ixa y 6wtrurucy cra}ba oApaxaBa rleHe roje cy saxehe Ha AaH r(y[oBHHe
nporauoorbe, a He qeHe xoje cy aKryenHe Ha rpajy roAr,rHe.
useeurajuua ,r,
no ucroprjcxuu
6r'rxaxcujcxt'tu
rporuKoByMa,
uuouuuualy
og6rruHuxHeAocTaraKay
qeHe
Merba'oy' o
nephoAuMa KaAa ce
suavaiHo
KAPLAN PUBLISHING
HHBo
23
o
r
llpeaysehe E cruqe HAeHrHrrHy MauJHHy 20X5. roanse, ocHM ruro je ra MauI,IHa crapa
roAHHy AaHa, ca flpoqerbelrnM nexou rpajama oA AeBer roAr,IHa. Ha6asHa BpeAHocr
MarrruHe
je
$48.000.
Ilpe4yseheA
{-x$50.000
:$5.000
Ilpe4y:eheE
fx$a8.000
:$5.333
IlpesyseheA
IlpesyseheE
$50.000-(2x$5.000)
$48.000-($5.333)
:$40.000
=$42.667
O6a npe4yseha Kopr,rcre HAeHTr,rqHe Ma[rHHe roKoM 20X5. roAlrHe, a':t.vt 1wralncr,r ycflexa
he noxasarr cacBHM pa3nuqure Ao6nrr 3aro urro ce flpr,rApxaBajy ncropnjcxoj rpoutxa.
flocranure ce6u nurarre la.nu nopeberre 6nraHca cralra lr 6unanca ycflexa oBa ABa
npegyseha y 20X5.roaltru HMa cMHcJra.
BAXHA
HANOM EHA
u3y3erH0 EixHa y
KoHBeHqUoHanHoM
pavyHoao,crey)
24
MPLAN PUBLISHING
TEOPT4JCKA
nhTAlbA: nOmABJbE
rpaucarqnje Moxe
o
o
BAXHA
HANOMEHA
aaTepHaTI,rBa.
Anrepnaruaxn np[crynu
paqyHoBoAcrBy ucropu,jcxnx
Y Herulu
TporxKoBa ce ycpe4cpefyjy
peuJelIH ot'loryhanaEeM Aa I,I3BecHe cTaBKe I,r3 aKTr,tBe (Ha npnirlep HeKperHHHe, ynara6a)
Mory Aa ce peBanopr,r3yjy Ha cnojy Qep npe4Hocr Ha AaH sa rojra ce paAH 6ruasc crarba.
Ha KOHCTaHTHy KynOBHy
ruof, paryroaogcrao
Ha
3eMJbaMa
BA)KHA
HANOMEHA
tDep
epegxocr je h3Hoc 3a
[o ucropujcrou
y 6wtaucy cralba;
rporxKy.
3aruu, Mory
ro cpeAcrBo
Apry'reur
2
3
e$erra.
Ipyra onwja -
l(APLAN PUBLISHING
25
Ot4 HAHC Ll JC
BAXHA
HAnOMEHA
Moxe 4a ce Aecr Aa ce
KO t43B EtllTABAl-bE
2.1
Pavynoaogcraorexyfie BpeAHocrH
Ilun
eKoHoMcKHx oAJIyKa'
TpaAuquoHanHHM ,..
[IIra nnje y peAy ca rpaAHuHoHiIIIHoM MepHoM
6asupaxru
p.ry*oro,qcrro,n
ucKaxe
BpeAHocr
Ha rporuKoBr4Ma He
ucrr4HcKa
ruuxoaanpogaixaBpeAHocr
Hnil TpotllKoBt4
3aMeHe. o
Hero Apyfo,
CII,ITIHS CpeACTBO
ltcropujcrnu
Ilpoqeua uriloou,rc
BAXHA
HAnOMEHA
Bpeg;ocr, .
Texyfia ynasxa
rexyfia uanasxa
t4
BpeAHocr
BpAHocr ry6nrxa cy
BpeAHoBarM cpeAcraBa. .
anTepHaTHBHt4 Haql4H]1
sacuoraHa ua ropnurherty
BpeAuocr
OA ose
cpeAcrBa
sa
paqyHoBoAcrBeHe cBpxe.
ry6rrxa
BAXHA
ror
cpeAcrBa.
cBe
.(a 6r.rcuo ugenrnQuroBanr,r BpeAHocr ry6nxa cpeAcrBa rpe6a la ilaenfll0nxyjeMo
TpH Mepe BpeAHocru roje cy pa3MorpeHe y npefioAlIoM TeKcry: TpollrKoBe 3aMeHe, Hero
[a 6u ce lr^eHruQuxoaana
ocrBapHBy BpeAHocr n ynorpe6uy BpeAHocr. 3arnu uoxeuo ugeHrnQHKOBarH Ase 6urHe
BpeAHocrry6nrxa (unr,,l
BpeAHocr ra npegyaete), nese usuefy BpeAHocTI,I:
HAIIOMEHA
yrap,qurr
o
Hero
ocrBapuBa BpeAHocr n
eKoHoMcKa EpeAHocT.
uopaiy ce
rpoutKoBr,r 3aMeHe,
__
__^__^e
aKo
Brrrtr] oA cneAehe ABe BpeAHocTI,I: HeTo ocTBapHBe n ynorpe6ue BpeAHocTH
nsrtlefy
pyKoBoAcrBo noce4yje HeKo cpe4crBo, oHo I,IMa KoHTpoJry Ha4 ns6opot'l
oryfie*a H, aKo je eXOnoucXu palIHOHanHo, oHo he ce onpeAe'nuru sa
xOpuurhema
oflugJy KoJa r{Ma Hajnraruy BpeAHocr. Buuru oA cleAeha ABa I,I3Hoca: Hero ocrBapHBe
u ynotpe6He BpeAHocrH ce Ha3rIBa HaAoKHaAHBI'I [I3Hoc'
26
KAPI.AN PUBLISHING
flEOt4Ht4qt4JE
0A ABe BpeAHOcI4:
TpolltKoBa 3aMeHe u
HaAoKHa.qIB0r u3Hoca.
Hagouagnan usuoc
(nsa6paru aHuiy apegxocr)
Tpouxoau saueue
./\
,/\,/\
,/\
Hagoxnaguan uaxoc je
BUUa OA ABe BpeAHocrH:
HeTo ocTBap[Be BpeAH0cfl4
(exoxorracxa)
BpeAHosr
Ynorpe6ra
u eKoHoMcKe BpeAHocTt4.
Hero ocreapnaa
EpeArccr
Yrorrxo cy nuureHH
w\H
He.
je r'roryhe
reHepr,rcarr,r BHuraK
r{Jrr,r
KopHuherbeM.
BAXHA
HANOMEHA
[lpegrocr
Eu.nanc crarba Moxe o6yxBararn yKy[H]r 36up Aocra pa3flr,rql,rrnx ocHoBa 3a npoueHa
(r-poruxone 3aMeHe, Hero ocrBapr{By Bpe.qHocr, eKoHoMcKy BpeAHocr), raro la je
BpeAHocrr4
ry6urxa je He6eraaabe
uMnnHquTHe npeTnocTaBKe
3aMebeHa unlt
nuKBr4Ar4paHa.
[ocrojtl
gorafaja H3 npounocrl,I
BpeAHocrH
AKTI4BHOCT
(a)
Yo6nrajexo npeAy3efie
l'1pe4ysefie noceAyje MauuHy ca BeKoM
Ha gau 31. 4eqer,rr6pa 20X2, ro4raxe MauuHa je crapa ABe roAuHe. Tpotuxoau saMeHe Ha raj
AaH 3a nornyHo HoBy MauilHy r4cror runa cy $100,000,
Al,rCK0HT0Batba.
KAPI.AN PUBLISHING
27
Cn UTH
1,1
n P EAM ET
: Ol4 HAHC
t4
JC KO rl3BEltlTABAl-b E
BAXHA
il
HANOM EHA
Paryxoeo,qcrao reKyhux
TpoulKoBa ce 3acHuBa Ha
BpAHoBalby cpeAcrBa
MeroAoM ry6rrxa. [a 6u
oApxaBane BpeAHocrlt
ry6rrxa, norpe6xa je
peaanopusaquja sarruxa u
cralflHHx cpeAcTaBa n3
6unaxca crarua,
BAXHA
HANOM EHA
[1peNa paryxoeo4cray
KoHcraHTHe xynoaxe mof
[,
KynoBHe
lrotn,
onuTe
paqyHu ce
IIo pavyHonogcrBy KorrcraHrrre KyrroBrre nrohn, xoje ce Ha3r,rBa jou r,t pavyHoBoAcrBo
orrrrrre KynoBue uohu, paqyHr,r ce xopuryjy raKo Aa ce cne 6pojre nprarasyjy y HonvaHoj
jeluHuuh Hcre Ky[oBHe uohr,r. fl,axle, Heo[xoAHo je xopurorar]r craBKe r.rHAeKcoM
oflrrrrnx ueHa. Pa.{yHl.r ce o6nqno ropnryjy ga 6n ogpaxaBalu rleHe Ha AaH 6ruaHca
cralba I,t y roru crryvajy ce flpuflpeua usneruraj no reryhoj rynonnoj rrrohn. PavyHoBoAcrBo
texyhe KyIIoBHe ntohn je, AaKJIe, yo6nvajeHa rrpuMeHa paqyHoBoAcrBa KoHcraHrHe Ky[oBHe
rtlOhq.
rpouKa y 6pojxe y
pa3Jrr,rKa rsrrrefiy
AEOT4H 14Ur4JA
Moxerapxe craBKe cy
oHe
o6srpa xa npoMeHe y
HHBoUMa 0nUTHX qeHa.
AEO14 H 14 qr4JA
Heuoxerapxe craBKe cy
Apyra HeTo cpeAcTBa y
6unaxcy craba; oHe
o6yxaarajy cpeAcrBa nonfr
eanuxa, nocrpojerua u
Monerapue craBKe cy oHe vllju cy H3Hocrd @uxcnpaun yroBopoM t4lr Ha Apyrr.r Harrr,tH,
oAHocHo QnrcnpaH je 6poj jelprnuua Banyre (Ha npnlrep 4orapn), 6es o6oupa ua
[poMeHe H[Boa oflttrrnx ueHa. Ilpnuepu MoHerapHux craBKr,I cy roroBuHa, florpaxuBarba,
AyroBalba u sajuornn Kanlrrzrrr.
BlacHuqu MoHerapHux cpeAcraBa ry6e onurry Ky[oBHy r'loh roxor,,r [epHoAa uH$nauraje y
y rojoj 6r.uo xojN npuxog oA cpeAcraBa ne nagorHafyje ry6nrax aAeKBarHo;
cyflporHo Baxr,t 3a JI[ua ca MoHerapHHM o6anesatvfa.
MepH
r,r
HH HeMoHerapHa craBKa.
o6jexara.
28
KAPLAN PUBLISHING
TEOPT4JCKA nhTAl-bA:
BAXH E
HANOMEHE
Ogpefiuaatse go6uru je
ogpe[euo yceojeunur
KoHqenToM oApxaBaba
Kan[Tana. Koxqenrut
oApxaBaba KanuTana ce
uory xnacuSuxoBaril Kao:
nOmABrbE 3
oApxaBabe Qusuvxor
Kanl4Tana Hnh
oApxaBabe nocnoBHor
Ka[r,tr,r.rra ce Mory
KanuTana
xraclt$uxonaru
Kao:
oApxaBabe
Slrxaxcrjcxor
TporxKoBa
KanHTana
je paqyHoBoAcrBo
KoHcraHTHe Ky[oBHe
uohr.r.
Ilpwtep
rpajy roAHHe.
Odptcaeaw fiuuaucujcrcoZ O\pmaeaw
Kahuliiana
QusuurcoZ
$$$
llpnxotu os npolaje
150
YuarreHpr 3a: rporrrKoBe [poAarnx rpor,r3BoAa 100
' 50
[o6ur pr3 rrocJroBa]ba
150
100
50
150
120
30
[o6ur
$ll0)
3a roAr,rHy
AHsNAeHga
Ilopacr
BAXH E
HANOMEHE
Vcnpaiy "rcerarod
oppxaaana Qusnxor
ranmana xe nocrcl'u no<yunj
Kopuroealba 3a um$nar4,ljy,
ro
iect, pavy+acypavpu
ucrop4i{xor rpourKa.
Kog ogpxaearu
Qlrxamai*or
KAPLAN PUBLISHING
Kaflr.rrarra
-__
++
50
-10
100
40
30
30
t10
120
ruoh
je
K]btDKrM yHoc
noryuaj KopuroBalba
29
lrory 6uru
BpJro KoMnneKcHa H
(r
je rpajrtu qnrs.
Odprcaoarcy Odpcrcaoarcy
rcouutiioaa fiusuarcoZ
nohu KatiuwzJto
QuuaucujcrcoZ
rcoucutauutue rcyiioeue
y$
v$
50
50
(20)
YNrarreHH sa:
KOpHrOBarbe ocHI,{BaqKHx cpeAcTaBa
aKrluoHapa sa nnsraqujy
l0)
40
30
BAXHA
HANO M E HA
Paryxoaogcrao pearHHx
apegrocrn je cne4ehr
KOHqenT
oApxaBaba
KanuTana 3acH0BaH Ha
xou6uHoaaruy KoHcraHTHe
$uHaHcujcxor KanhTana n
ogpxaaarua $usuvxor
heroa qrru ie 4a
ce y ueaeurajy o go6nru us
KanuTafla.
y$
Ilposaja
ls0
Qnsuvxor KannTana u Aa ce
npilKarry Kop[roBaba
120
aKq[0HapcKr4x cpeAcraBa 3a
Teryhu
ueaeunajy o oApxaBaby
nH$naqujy y uaaeunajy o
rporuKoBr,I Ao6uru
,. no.noru*u
30
npoMeHaMa Ha KanilTany.
30
MPI.AN PUBLISHING
I,I3 nocJlolama
30
Hor'clna.nua
lo6ur y HoBuy
20
50
l0
Peaana Ao6ur
40
AnruAeHAa
(30)
l0
Kao urro je ciryraj u ca KoHuenroM oApxaBalba Suuancujcxor KanHraJIa KoHcraHrHe
r(y[oBHe MohH HsIoxeHHM y [perxoAHoM reKcry, He cfleAl{ Aa ce pearHg go6qrar ($40)
Moxe y flomyHocrfi pacnoAeJrHTI{, yKoJrHKo npe4ysehe xentl Aa HacraBI,I nocJloBa}be Ha
HcroM HHBoy aKTr,rBHocr[I. To, crora urro oApxaBarbe peanHot SnuaHcujcxor Ka[]miIJIa
npegyseha ne rapanryje oApxaBarbe [LetoBot nocJloBHot KaIIHrtlJIa'
BAXHA
ABa rJraBHa Sarropa roja rpe6a pa3Morpl,Iru npr,r us6opy KoHllettra oApxaBarba
Kanr,rrarra. To cy norpe6e ropucultxa H [p]IpoAa noc.na npegyseha.
Ilocroje
HANOMEHA
Kopucuu4u
flpunurou 6upama
KoHqenra oApxaBaba
xanurana rpe6a 4a
pa3Morpure u norpe6e
KOpl,rCHl,rKa H npupoAy
nocna npegysefia.
KAPLAN PUBLISHING
31
nCnnTHU
Efl M ET :
Ot4 HAHC
t4
JC KO
14
38 EUITABAI-bE
hseeuraj o npoMeHama
Ha
Kanurany
v$
Teryhu rpotrrKoBr,r goluru H3 rrocJroBarta
30
20
300
LTMoBHHe
(1.200-900)
350
l\Vo)
Pealua go6ur
(100)
250
BAXHA
HANOMEHA
Pavyxr xoucranrHe
KynoBHe
uohu ce npunpeuajy
aKypHparbeM
cBr.1x
cTaBKlt y
tDaxrop KoHcraHrHe
Qarrop
KynoBHe mof,tt =
KynoSHe I\,rOhl
Itlngxc
xa Aaryu 6ruruca
KoHcraHTHe
r,{HAeKc Ha AaryN{
6nlauca ctarta
paqyHe
craru
parpe
Y pa.ryurua
KoHcraHTHe r(yrloBHe Moh.H, TaKo Aa pa3nuKa rsrtrefy ,,ciur4a KoHcraHTHe K/nosHe lvrohu
"u crBapHe MoHerapHe paBHorexe [peAcraBJba Ao6ur nln ry6urar ycneA Apxa]6a re
CTABKE.
32
MPLAN PUBLISHING
TEOPT4JCKA
nNTAlbA: nOmABrbE 3
BAXHA
HANOMEHA
KoHcranrra KynoBHa
uua
ry
npe,qHocr
Mofi u
uro ie
nxQnaquoxor_
Hedoctua4u
Aa He u3pa3h pa3unaxelba
KOHKpeTHHX U OnUTUX
qexa, u.ie4uHuqe
Os
o
o
o
o
6rrfi
Henosrrare.
BAXHA
HANOMEHA
0nunu npuxqnnn
pavyxoao4craa rexyhnx
TponJKoBa cy:
. Eunaxcycnexa
norexyhnu
rpouJKoBrMa ce paqyHa y
BpeAHocll roly cpe4craa
noTpoueHa T0K0M AaTor
nepuo,qa uuajy sa
Ha
Emasc cralba no reryhnr'r rporrrKoBr{Ma oApoKaBa rercyhe BpeAHocru guttlia H cnurHe }rl{oBm{e.
npe4ysefie.
rexyhe
3an[xa
h cTanHhx cpeAcraBa.
BAXHA
HANOMEHA
aa
Ha npuMep,
BpeAHocT HeKperHHHe 3a
npe,qysehe je
reroaa
TpxHuHa BpeAHocr Ha
nocrojefioj ynorpe6uoj
ocxoan, 4ox cy y cnyvajy
onpeue ro Hero reKyhu
TpoIIJKOBH 3aMeHe.
Sase:
MPLAN PUBLISHING
33
hCnhfi
l,1
IIpwep
Jelno npelysehe je Kynuno MauHHy
:
I,lHAexc :
I,IuAexc
132
195
Ol
nac ce rpaxilr Aa H3paqyHare Hero reryhe rpoulKoBe 3aMeHe Ha AaH 31. aeuerrl6pa
20X8. rolune nperrocraBnajyhu Aa rpoqelbeHu nex rpajama cpeacrBa Hnje ropnronan.
Pewerce
v$
Epyro rpourxoBu 3aMertga
20X8. roanHe $4.000x
lan
31. 4eqeu6pa
5.909
,r,
3.250
2.6s9
3aMeHe
Euauc ycilexa
BAXHA
HAN OM E HA
V 6unancy ycnexa no
apr,rrMerurlKu nocryllaK
reryhuru rpomKoBt4Ma,
rpoluKoBH anoprusaqnie
je ualo xottrnlercnuju.
Ilpunep
reryhuu rpou.lKoBhMa ce
raxofe uoxe 3acHIBarH Ha
Jeguo npelysehe je Kynuno craJIHo cpeAcrBo L janyapa 20X4. rolune no ueHll oA $800.
llpoqemeun uer rpajau,a je 6uo ner roAHHa. Ha rpajy ror repfioAa ono cpegcroo je
nocraJro 6esupeguo. Hono, arn y cBaKoM ApyroM norneAy HAeHTHTIHo cpegcrno 6u
Korrrrirro $800 HaaaH 3l.leuer'a6pa 20X4.roluue, a $960 Ha I4crH aan 20X5. roAlIHe.
npocevHlr M TpolxKoBuMa
Tpaxu ce:
(a)
(6)
(u)
Ilpunpeuure
llpunpeuure
peJreBaHrHe paqyHe
I,tMoBHHe 3a tnaBHy
20X4. zoduua
y$
800
Tpourxour,t
Argnryrupaua auoprrsaqnja 160
(2/s
xe6o)
-640
y$
800
160
-@-
v$
800
320
lEo
Y$
960
384
-K
Eunancu ycnexa
(6)
20X5. Zoduua
20X4. doduaa
Tporuxoru auoprnsaquje
Eipoturcoo
Ilcfropujcrcu
Tercyhu
lupowrcoeu
lupoturcoeu
v$
v$
160
r60
Ilc-uopujcrcu Tercyhu
lupoturcoou wpourcoe
y$
y$
160
192
(l/5 x 960)
34
MPLAN PUBLISHING
TEOP14JCKA
nhTAl-bA: nOrflABrLE 3
npon3Boga
cpurrHa pa{yHoBoAcrra reryhnx rporrrKoBa je ro 4a, KaAa ce HeKa oA 3aJr}rxa npoAa,
npHxoAH oA fipoAaje uopajy 6uru ynapeun ca reryhuu rporxKoB[rMa r]rx 3,rrruxe Ha AaH
npoqaje (npe4crariuajyhu npe4nocr rojy norpoureHa sanrxa HMa 3a npe4ysehe).
BAXHA
HAN OM E HA
Ko,q paryuoao4crBa reKyfi r4x
San[xe
Ha
gau npogaje.
Ilpwtep
JegHo npery3ehe je rcynrno uercy po6y 31. janyapa 20X2. rorurHe ro ueHH oA $250. Ooa po6a je
npoAara 31. uapra 20X2.
nplD(oA oA $320 Ka[a cy rpourKoBn 3aMeHe po6e usuocunu $272.
v$
Ilpnxogn o4 npogaje
320
272
48
272
2s0
KoB r,r
flpoAarfix rrpor,r3BoAa
22
6.4 llpegxocrn
BAXHA
HANOMEHA
Hajaaxurja npegHocr
pavyxoao4craa rexyfirx
rpouxoaa je ro 4a ce tuuMe
peanxo npoqeruyjy rpeHyme
nep$opr'eaxce npe4yseha.
r,t
IlpedaocEiu
KopHcHI4Ke
rraBoAH
Hedocdiaqu
BAXHA
HANOMEHA
Fnaexu ue4ocrarax
paeyHoBoAcrBa rexyhux
rpouxoea je beroga seha
Mory
ce
jauurn
paqyHoBoAcrBa
rexyhux rpotxKoBa.
5
cy6iexrrexocr.
Hr,rje
yrer.naro 4o6urn
o
.
.
uHAeKc
cpeAcTaBa.
craBKe.
rexrororr{e.
MPLAN PUBLISHING
35
7 fipyra reopvlicKa
nrraba
npI,IKa3arI,I IIoAarKe
cyrrpoTcTaBJbeHa cTaBa:
.
.
KoHUe[T"Teryhltx [ocJIoBH]Ixnep$optrlaucu".
Ko n4eii w
co eo 61xe
adino Z
iip uxo d a
la
ce
I,I AI4BIIAeHAe.
Yrynan
nprD(oA
(a)
(6)
Jlarure je pasyr'lern 6ulaHc ycnexa rojn o6yxlara eQexre cBHx rpaHcarutuja y garor'r
replroAy. Ha 6ulaHc ycilexa raxofie yrr.ruy napnjaunje xoje ce janrajy ycneA rlpl'IMeHe
cy6jexrunHux cyAoBa.
(u)
(a) Behuna
pyroBoAcrBo rpe6a aa I,IM npy)ru,I [oAaraK o Ao6nrn xoju onn oHAa Mory Aa
HcKopucre 3a rpeABlrhana 6y4yhlrx nepQopuaHcu.
36
MPLAN PUBLISHING
TEOPI4JCKA nhTAFbA :
nOrnABrbE
us1
I
AEOr/
14qr4JA
Ilper'ra IAS
o6eno4aruuaarue HeonxoAHo
sa o6jauruaaarue
nepQopuaxcr npe4yseha sa
Aaru nephoA.
BAXHA
HANOMEHA
I-lprpoga
14
H3Hoc Ben[Kux
rpe6a ga ce o6enogare,
o6hqxo buxoauu
yKJbyr{uBarbeM y jeguy og
craHAapAHr4x nosuquja y
6rnaucy ycnexa c
HanoMeHoM y xoioi ce 4aly
AeraJbHh noAaqH.
BeJrrr{HHe,
Ilpattepu
.
.
.
.
.
.
o
o
IAS
cy
\arr
uru ry6uqu
O6etodarcuearce
3axruyuar
Pacnpany oKo Meperba [p]IxoAa, cpeAcraBa H o6asesa qHHe 6mHolu HeAocraIIH
parryHoBoAcrBa ncropNjcrHx rporxKoBa y flepuoAy [poMeHJbHBHx IIeHa.
KAPLAN PUBLISHING
rporIlKoBa.
37
3A
HY
nPOBEPy
n ;,4TAFbA
n Nq
('2'1'4)
2
3
4
5
6
7
KciyjeApyrr,rHa3ilBsapaqyHoBoAcrBoyna3Huxape4nocna? (2,1)
[Jra je xagoxua4uBl4
]43Hoc y
rpouxoea? (4.1)
ilTAl-bA
ncnnTHolT ,, n
llpegyoefie "Barty"
n^,.^,,^^^,,
,,flpu3HaBatue u ucnpaBHo
^^a.,.,,,...
r,...
^^ go6nquua oA Apxarba^..y Suuaxcujcxuu
nocrynabe^ ca
ueaeurajuua
Tpaxu ce:
(a)
(6)
npe4ysefra,
(5 noena)
"B.rty',
Apxaba.
(5 noexa)
'
HeKperHuHe.
Pavyuu carqpxe:
Ennaxc cralba
Ha
2007.
roguna
$000
14.125
140
y
lzlHsecruquoue HeKperHhHe no rpxunrHoj apegxocru
flpyra
cpegcraa
Axqujcxr,r Kanilran
Hepacnope$exa 4o6ur
38
2006. rogwna
y $000
12.579
421
14.265
13.000
2.000
12.265
11,000
14.265
13.000
2.000
MPLAN PUBLISHING
TEOPT4JCKA
nhTAl-bA: nOrrIABrbE 3
flo6r,tqr,r sa
uH
$0oo
1,526
Ilpr,rxo4 oA 3aKyna
(Y)
A4ruuuucrparuBHu pacxoAt4
2.291
1,498
(13
[/cnnahexe AuBuAeHAe
(T)
Hepacnopeleua go6t,tr
1.048
v $000
1.498
(u1)
978
(4s0)
528
HepacnopefeH usHoc
flo4aruu noAaqu:
o l4uaecruqnoHe HeKperHuHe ce peBanopusyiy xa xpajy csaxe roAuHe.
o [/uaecruquoHe HeKperHriHe cy creqeHe 3a $621.000 roxou 20X7. roAuHe.
o [zlugexc onurux qexa je nopacrao ga 4% roxoi,t 20X7. ro4nxe,
Tpaxu ce:
(q)
(Yxynxo:20 noexa)
o,qroBoP
OdZooope Ho ooa
HA
AKTI4BHOCT
rcnuZe
y$
1
= 6pyro
rpotuKoBt4 3aMeHe
100.000
40.000
60.000
= llpuxoAu og npogaje
Vlaarueuu 3a: rpotuKoBe AeMoHrupaba
30,000
5.000
25.000
MPLAN PUBLISHING
39
n0nnT Hn
n PEAM ET
Ot4 HAHC
t4
JC
KO h 38 EIIITABAIIE
40,000
roguxa I
36.363
^
z.toAu{a
la
33.057
ffi
30.052
1.
40,000
3.rosuua
Vxynxo
99.472
(6)
60.000
25,000
14
Hyna
Bpe4xocr ry6urxa je xero ocrBapilBa BpeAHocr o4 $25.000 - Bugeru weMy Ha crpanw 27.
60.000
(6)
25.000
22,W0
ro4uxa lA
20.000
22.000
^
z.toAuHa
1331 =
18.181
3,
16.529
1.
ro4uxa
Vxynuo
54.710
40
MPLAN PUBLISHING
El INFORT'jIATII(A
florrraBrbe 4
illii,=Bur,e;
pa{yHe
8c+4
iara rsnsunl'na
Ocxoaxo
KOHCOnHAoBalbe
6unaxca crana
Koxconngoaare
6nnaxca
ctara
MeTOAOM KOpaK nO
KopaK
Mefiyxon:rnaxuicxe
CTABKE
Ilorapge o oajmy y
3aBlcHltM
npegyaef,utra
H Kauara
xa saiau 3aBhcHor
fluaugexge
npegyoeta
d's'q;'
aKTr,IBHocrH
srnaHcnjcrurx
{urueau
Ka4a sanputrre oBo rrorJraB.rbe rpe6a 4a yMere Aa:
Ar,rBHAeHAe
BAXHA
HANOMEHA
CyunuHcxo o6enexje rpyne
je ro ga jegHo npegyaehe
(marnsxo npegysefie)
KoHTponhue caa 4pyra (xoja
ce uasreajy 3aBHcHa
npegyeeta).
rpancaxqnje rpyne
usepuuno je,quo
eKBHBaneHrHo npe4yaefie.
BAXHA
HANOMEHA
Koxconugoaaxn paqyHn cy
oHr xojr,r ce nprnpeuajy no4
npernocraBKoM ,qa le cae
MPLAN PUBLISHING
1.2
41
o
o
r
o
3l
Y,teruha
rolune).
noce6sou flornaBJby.
BAXHA
HANOM
HA
Maruqxo npegyaehe
npunpeMa K0HconuAoBaHe
paqyHe 3a rpyny rc paqyHa
nojeAhHaqHux npegyaeha.
3n
MII
Crarua
cpeAc'r'Ba
Yrararra y
O6prua
3aBI,IcHo
$000
60
$000
40
cpeAcrBa
40
40
150
80
100
50
HepacnopefeHa A06I{r
30
Kparrcopovue
20
o6aBe3e
150
30
BAXHA
HANOMEHA
Tpouxoau ynarata y
3aBHcHo npegysefie ce
eSerruaxo noxnunaeaiy
o
.
p$epBaMa 3aBHcHor
(MII + 3II)
aKIujcKH KarrurzrJr rpyne roju je yner je4r,rHo axqrnjcxu KanI,IrzIJI MaruqHor npelyseha
(cauo
npe,qyaeha.
42
MII);
KAPLAN PUBLISHING
y
Crarua cpeAcrBa (60+40)
O6prra cpeAcrBa (40+40)
$000
100
80
180
Axur,rjcru Kanr,rriln
($l uo o6nvuoj
aKuHjH)
100
Hepacnopehesa Ao6ur
30
50
180
BAXHA
HANOMEHA
fygaun npeAcraBfta
Iylslu
oA cpeAcraBa xola ce ue
ugeuruQur<yjy nojegnuavuo
u Mepur ce uaxoc sa xojn
uexoc nnafiex 3a cruqatue
Ennaxc craba
Tr4X
KoM6HHaqHiH
Ha AaH 31.
3fl
MTI
HeTo
cpeAcTaBa.
Cra.nHa
'
cpeAcrBa
$000
60
$000
40
cpeAcrBa
KAPLAN PUBLISHING
30
40
150
80
100
30
20
30
150
80
43
$000 y $000
60
Tpourxonu ynararba
Yuan eHu sa: weuhe v ocrBaDeHuM Hero
cpeAcrBr.rMa (fio Qep apeaHociu)
Kanural
o6u.IHr,rx arur.rja
ua1otueue
l
2
50
Hepacnopefeua Ao6ur
50
xl\|Vo (50)
105
Yveurhe rpyne
fylslur
[pr,rJrHKoM KoHconI,IAoBaba
Hailoneue
ynaralba he ce nojanurw y lutawcy crarba MaruqHot npeaygeha. Vro.nrro
r,rMa BHrrIe uuuecruqnja, rIoAauH o rpoutKoBuua noje4IuarlHux l,IHBecrHur,rja he 6uru
\aril y caMoM flr,rrart,y. Mefyruu, 3a HcnHTHr,r [peAMer {Duuancujcrco ueeeuutaeafte Hehe
ce AaBarH Burxe o,u, je4Hor 3aBI,IcHor npegyseha y flI,Irarby.
I Tpouxonx
arqnja ca
Axo ce creKHe cauo je4aH 4eo aru4,tja,
peuuMo 90%, nopelwuo qeny rnx arquja ca ogronapajyhur'r creveHnr',r yveruher'l (90%)
y Hero cpeAcrBuMa. Ono ce urycrpyje xacHuje y oBoM rotnaBJty.
5 Pesynrupajyfur rygnrar ce o6pafyje y cruIaAy ca IFRS 3 llouoene rconduuo4uie, xojnu ce
KoHconHAoBaHoM 6u.naHcy
llouno ttpBo
v $000
Cmlna cpeAcrBa (60+40)
100
Iylsrr
10
70
180
100
30
50
r80
44
KAPLAN PUBLISHING
PATIYHOBOACTBO TPYflE - 1 :
BAXHA
HANOMEHA
Tp.*.*
6utu uaruu oA Kyn,beHux
nOmABrbE 4
y,-,*,."/ ;ffi,ffiilH',d:'Hff#:ffiffi;'l:H.T'"ffir#H:f#ffiffi"
uorna 6uru
reHepucaHa
,quperrna4o6ur'
Haxou trrro ce H3Bprxu onaj npeueg, uoryhe je .qa he qeo HJrr,I HeKH Aeo KpeAlITHot
6vna*ca I,t AaJbe ocrar[. On 6u rpe6ano Aa ce cMecra rrpr3Ha xao Ao6ur y
KoHcoJruAoBauou 6ulaHcy ycflexa.
BAXHA
HAnOMEHA
uro ce npoaepu ga
KoHconuAoBaHou
6unaHcy
ycnexa.
BAXHA
EHA
[a 6u ce o6es6egrno ravxo
HAnOM
u3paqyHaBafbe ryABilna,
cpeAcrBauo6agese
ce
uopajy peaanopH3oBarr4 Ha
$ep apegxocr
AaryM
crrqaba.
3aBilcHor npe,qyseha
Ha
I,I
o6ur.ar
Ce ruopajy peBarropn3oBarn Ha
$ep
BpeAHocr Ha
Aarw
crr,ruar6a.
llpunep
[Ipeaysehe,,PQ" je creKrro 100% aqvrja npe4yseha,,ST" uahajyhtt HaKHaAy ol uo
10,000 axuraj? y ,pe", ca rpxr,flrrHou rpeAuourhy cBaKe axquje oA $3.20. Ha aaryr,r
crr.rua[ba, 6rrasc crama npeAFeha ,,ST" je nsuegao oBaKo:
CrarHa cpeAcrBa
O6prua cpeAcrBa
$l
sa
y$
20.000
5.000
2s.000
Axqujcrn
Karrr,rrilJr
18.000
Hepacnopehesa Ao6rr
18.000
KparxopovHe
o6anese
7.000
25.000
tDep npeguocr craJrHr,rx cpeAcraBa npelyseha ,,ST" je Lr3HocHJra $24.000 Ha raj garp'1, 4ox
6u.ne
je4uare
Pewene
y$
cpeAcrBa
cpeAcrBa
Kparropovne o6asege
Cra.rrsa
O6prua
y$
32.000
24.000
5.000
(7.000)
22.000
MPLAN PUBLISHING
10.000
45
UCnnTHn
t4
C,ritepnutqe
38 EIIJTABAI-bE
us IFRS 3
ol
Kopr,rcrr,r.
3aruxe:
paAoBr,r
WalbeHr,rM 3a
'
o
o
y rorq rpe6a
cwy
la
oryfena u
BAXHA
HANOM EHA
clrnlarba.,(aue,
ry6nxe
Ha Aaryrvr
uefly creveruru Hero cpeAcrBrtrua Fp je fi) craBKa xoja ce o4roclt Ha nepnoA nocne crr,ilIarm.
Onurn npuuqrn je ga ce
Mory npt.l3HaTil caMo
Ilputep
nocrojane
cTHqaba.
Ha AaryM
llpe4ysehe ,,PQ" je creK,ro l00Vo aqrz.ia npe4yseha ,,ST" 31. aBrycra 2OX5.roAuse ga
$40.000. Ha aaryr'r crr,rqaba 6ulasc cralba [peAy3eha ,,ST" je nsrregao oBaKo:
v$
Crarsa
flpyra o6ptra
crr.DKy 3a HanJrary
25.000
sa 5 rognua)
6.000
cpeAcrBa
9.000
40.000
Axqujcxx
Kam{rilJr
HepacuopeheHa
4o6rr
30.000
30.000
Kparxopovue o6anese
10.000
40"000
Peruerce
y$
tDep npeqHocr ncn.naheHe HaKHaae
(Dep npegnocr crerrerrrD( Hero cpeAcraBa
CralHa rrMoBHHa
llorpa;ornarsa ($6,000 *
fipyra o6prHa
y$
40.000
30.000
3.726
(*fl
cpeAcrBa
9.000
KparxopovHe o6asese
(r0.000)
Cre.IeHr,I UAsHn
46
'
32.726
7.274
MPLAN PUBLISHING
CABET 3A
IACNVT
KaAa Ha HcnrlTy Ao6ujere Qep npe4uocr Hero HMoBHHe Ha Aarylv{ crl{uama Koja ce
pa3nnKyje oA KrbI,IroBoAcrBeHe BpeAHocrI,I, H3paqyHaBame ryABHna H KoHcoJluroBatne ce
rrropajy u3Bprrrl,rrH y3 [o3l,rBar6e Ha 3aAare oep speaHocrH, a Aara I,IMoBI,IHa ce MOpa
peBirJroptr3oBam. 3a Br,rue AeraJEa
cJIeAI,I.
2.5 Peeepee
BAXHA
cTeqeH0r 3aBilcH0r
KoM ce yreurhe aKrrr,roHapa cacrojalo caMo I,I3 KanHTaJIa o6H'IHHx aKullja. HapanHo,
yueurhe aKr{HoHapa o6r,{Ho o6yr<nam H Hepacnopefeny 4o6r,rr. Jou jeaHa crnap je aa je
npegysehe MII r'louo Aa creKHe KoHTponHo yreuhe y 3[I roror'l ro,(tlHe. KaAa ce
uorregajy pmepBe oA npHxoAa 3I[ Ha rpajy roguHe, Mopa ce HanpaB]lr]l pa3nuKa usuefly:
npegyeeha, Mopa ce
HanpaBurr4 pasnuxa uauefy
HANOM EHA
Kaga ce paeuarpajy pe3epBe
crpaHe
MII
MII
y
Craana HMoBHHa
Ylarame y
3II no Ha6auuoj
BpeAHocrI,I
O6prHa cpeAcrBa
MII
$000
50
70
30
150
*
3II
y $000
40
40
80
HepacnopefieHa Ao6r,rr
30
20
Kparxopovue o6anege
20
l0
[a.re
3II
80
V onou cly,rajy MII je creKrro cne axuuje y 3tI u crora je 3f[ sasucgo npetysehe y 100%
BJracHHIITBy.
KAPLAN PUBLISHING
je npe4cranrueHo
47
.{,ar.le, npe Hero uro H3paqyHaMo ryABrln norpe6au uarrr je MeroA 3a oApefnrarre Hero
cpeAcraBa 3aBlrcHor npe4yseha H Ha AaH crHrlarba !r Ha AaH 1Wtasca cra}6a.
2. xopax Hgro
v$ I
KanurzlJr
Hepacnopefiena 4o6nr
v$
s0.000
50.000
15.000
20.000
6s.000
70.000
y $000
I{eHa creueHux axqnja
70
65
5
MlI.
v $000
Mll: (100%)
3II: (Yveurhe ryyne y pe3epBaMa nocre crrqarra)
(20
30
- ls)
35
y
Cralna
$000
$000
r,rMoBHHa
90
HertlarepujanHa HMoBHHa
95
70
l6s
48
KAPI.AN PUBLISHING
Axulrjcxra KannraJr
o6lrqHe aKq[je oA no
$l
100
35
YrynaH Kanr,rrirlr
135
30
r65
lllra
ln
hanua
cpeAcraBa xojn
je
BAXHA
HANOMEHA
BJIACHI,IIIITBO.
06asega ca cynporHr,rM
geicraor't y
Ona o6asesa ce npuxasyje o4rojeHo y KoHconr,rAoBaHoM 6utaucy cralba, jep vuun 4eo
KoHcont,tAoBaHou 6unaucy
cTaba npeAcTaBrba
HeTo
afl[
He u
BnacHlfluTB0,
yreute y
6rnaxcy craba
oAMEU ucnoA
Ilpuuep
Ennaxc craba
Ha
pe3epBH.
Cra.nsa HMoBHHa
Yrarame y
3I[ no Ha6anHoj
BpAHocrr,r
O6prua cpeAcrBa
MTI
$000
50
3II
y $000
40
70
30
40
150
80
100
50
Hepacnopefiena go6ur
30
20
KparxopovHe o6asese
20
l0
150
80
O6K.rHe axqnje
(arqrje oa no $1)
MII je creKrro
lan
31. 4eqeu6pa
Pewerue
MII
ro
$1.,{arcrre,
MPLAN PUBLISHING
49
Ha
dau
Ha dau
ctiiuqarco
Axuujcru
y$
50.000
t5.000
65.000
KanurirJr
HepacnopeheHa Io6Hr
Tpehn
ropar
fiutauca cutana
y$
50.000
20.000
70.000
Cre.reHE ryABrrn
v $000
Ha6anna BpeAHocr crerreHr,rx aKqHja
70
$65.000
52
18
yveurha
v $000
Y.reuhe y Hero cpeAcrBlrMa Ha AaH 6ulanca crama
$70.000)
14
Hepacnopefeua Ao6nr
v $000
MII: (t00%)
30
3II: Yqeuhe MII y ao6urpr 3II nocle crlruarba (80Vo (20-15\) 4
}L
O6parnre naxlby Ha ro
3[I
KOHCOJTHAOBaILa:
Perepne
20Vo
520.000
,x.
,/
(20Vo x20.000)
3II
$4.000
15.000
rojecr
crrItama
ce yrcryryjy y H3paqyHaname ryAnlura
Pcoepoe npe crnuarua,
aKyrdynHpaHe pe3epBe Ha [aH
(802o
Cala.rHo
AAH
15.000)
x (20.000
15.000)
$4.000
S12.000
50
MPLAN PUBLISHING
PAL{VHOBOACTBO
fPynE - 1 : flOFIIABIbE 4
v $000
y $000
Craaua HMoBHHa
90
HMoBHHa
l8
Axuujcxu
70
100
Kanl,rrarl
HepacnopefteHa Ao6rr
34
YrynHu
t34
t4
148
KarrHTaJI
Yxynuu Kafl]rrulfl
r08
30
178
H o6asege
3axnyrax
Osaj nocrellbr,r npr,rMep calplo,t cBa rpr{ ocHoBHa eneMeHTa KoHcoJIHAoBarsa 6u.nanca
cTalba:
.
.
o
pe3epBe
3aBHcHoM npelysehy
3[I
cTalba.
'ruawca
BAXHA
HANOMEHA
Ko,q xopuroaarua ryABuna,
MII
Ha npuuep, axo
BpeAHocr. To ce pa,qu
peEan0pH3aqH0H14x pe3epBH.
BHUJaK
MPLAN PUBLISHING
51
BAXHA
HANOMEHA
Pyruxcxu xopaqur
KoHcontrAoBalba 6uraHca
cralba cy:
.
.
YcraHoBurr4 cTpyKrypy
fpyna
rpyne
Mamuua
KoHconr4oaaHa ra6ena
100
ryABuna
Konconu4oaaxara6ena
xepacnopefeue ,qo6uru
l,tarurUCXOr
Kouconugoaaxara6ena
Ha
yteuha
ctauqarca
Ha ilau
flutauca cwatta
x
x
x
x
x
x
x
x
dau
npunpeMa
KoHconilAoBaHor 6unaxca
cTalba
Axuujcrc,r
KanHTzrJr
3. xopax: CreqeHH
ryABEn
$
Ha Warbe]6e BpeAHocrH
MII: (100%)
3[I: Yqeuhe rpyre y Ao6uru 3[J nocle crr,ruarba
A% Qfl caAa - 3[I npu.nnxou crrqarra)
Vuameno 3a: Warberbe BpeAHocrlr ryABr.rna (axo ce ro gecra)
x
x
(x)
X
(i)
(ii) cranre y
H3BopHoM
KoHcoJrr,rAoBaHe
ra6ele.
52
MPLAN PUBLISHING
AKTTIBHOCT
Haqpr 6unauca craba npeAy3ehe y rpynu Ha AaH 31. AeqeM6pa 20X4. rogr,lxe je usrnegao oaaxo:
Pasxa cpe4craa
Mn
3n
v$
v$
Mn
3n
v$
v$
106.000 34.500
Axqujcxn KanurErn
100.000
20.000
Vnararue y 3fl
Hepacnopefeua 4o6ur
22.0N
6.500
1,000
8,000
(axqr,rje no
xa6aaHoj ape4xocrm)
27.000
133.000
Kparxopouxe
o6aeege
133.000
34.500
Ha
34.500
cne4ehux anrepHaruBa.
xa4aje
(6)
9umeuuqe cy t4cre Kao il y nperxo4HoM npuMepy (a), c rur,r ga je carvro 16.000 o6r,tqxr,lx axqr,tja
y 3aBHcHoM npegysehy KynrbeHo sa $27.000.
(q)
flr,rperropr,r
MaruqHe npe4yseha cy npoqeHunil 4a je uuoauxa, xoja uuje aMoprr43oBaHa, norqebeHa sa
$5,000 xa 4an 1. jaxyapa20X4. roAuHe. V x6uraua 3fl nr,rcy usripuexa xuxaxad xopuroBaba.
4 MefiyxoMnaHuicKe craBKe
4.1 Yaog
BAXHA
HANOMEHA
MefiyxounaxujcKe craBKe,
o6pomrru r'lefyrorruannjcKe
6rnagc crarua.
Ha xpajy roAHHe, xupo paqyHr,r Mory Aa ce He cJraxy, s6or nocrojarra craBKH y ttpelra3y
Kao urro cy po6a llnlr roroBr,rHa. Yo6nvajeua npaBlrna cy:
BAXHA
HAN OM E HA
Iy|yje
Aa AoBeAy A0 Hecnaraba
xupo paqyHa. Ta4a cy
HeonxoAH14 yHocH 3a
KopilroBatbe.
BAXHA
Ka4a ce cJroxe, xHpo paqyHI,I ce Mory nouuurrurr Kao Aeo flpoqeca WaKpcHor
noBe3[Barba cpeAcraBa H o6asesa y 6lriraHcy crarra. To ce uoxe ypaAuru, saje4Ho ca
6rilo xojnu Apyrr,rM KopHroBaI6IrMa, Kao paAHH naflHp y KoMe 6n ce npnxasaln:
Kopuroaaru xruure
KoA r.rcrnaruoqa/npo4anqa
HANOMEHA
foronuna/saluxe y rpancQepy
nprMaoqa.
CABET 3A
ncnnr
Kopucuo je Kopr,lcruTr,t
6unaHc crarua
gar
Ha
ilcnury 3a cacTaBrbabe
paAHff nanupa.
KAPLAN PUBLISHING
Mehyrnu, nourro 6u ua ucntry rpe6ano Aocra BpeMeHa Aa ce ypagu onaj paAHH [anr4p,
je noc.rrpnarn ce 6urascllMa crarsa AarHM Ha caMor\r r,rclHTHoM 3aAarKy 3a
KopHcHo
53
Ilpuuep
Ennaxcn cralba Ha gan 31. geqeru6pa 20X4. ro4une
MII
v$
Yrararce y
rF'
Xupo
3II (no
3[I
3TI
v$
19.000
Ha6annoj BpeAHocrH)
pavyH
10.000
IorosnHa y 6auqn
10.000
23.000
4r.000
16.000
80.000
39.000
AxqnjcKr.r KarurnJr
($l
o6nvHe aru.)
Hepacnopefieua Ao6rr
Xupo pavyH MII
50.000
10.000
30.000
20.000
9.000
39.000
80.000
rynr,uo 7.500 ar,wrja y 3II sa .qaH l. janyapa 20X4. roAune K4Aa je caII,Ao Hepacropefiene
ao6rru 3II 6no $12.000. laswru ce pa3IrHKa Ha )ro.rpo paryfry Ka.[a qeK, xojra je 3II noclano MII
Ha AaH 30. aeqel,r6pa 20X4. rorulxe, MarHqHo nperysehe uuje npmnura go 3. jaHyapa 20X5.
MII
.le
lprnpervrrre
roAr{He.
KoHcoJtrIAoBaHu
Pewerue
[Ipe Hero trno ce Moxe 3aBpuI]ITtI KoHcoJII,IAoBabe, Mopa ce H3BpUMTI,I Kopl,tromrbe 3il
roroBnlry y [pena3y. Croraje HeorxoAasjourje4aH AoAar]rH KopaK y flocryflKy KoHcoJIHAoBa]ba;
lo6pa je naeja
la
[pyna
75
Mamusa
25
100
2. xopax: Kopuronana
forosl,IHa y npena3y
lyzyje: lorosnHa y
npena3y
$1.000
$1.000
MII
y$
nehuHa
Kopl{craH caBer 3a
3II
fpyila
y$
y$
10.000
23.000
33.000
41.000
16.000
57.000
({Joo}
IorosuHa y 6aHuu
IorosnHa y rpaucQepy
PagHa Hero cpeAcrBa
1.000
r.000
(e400)
54
30.000
KAPLAN PUBLISHING
3aBrrcHor ttperyseha
Ha
dan
ciliu4arca
y$
Axuujcrn
Kaflr.{raJr
Hepacnopefieua Ao6nr
Ha
dau
dunauca cilarca
y$
10.000
10.000
12.000
20.000
22.000
30.000
4. xopax: Iyapu.,r
y$
Ha6auHa BpeAHocr creqeHnx aruuja
19.000
16.s00
Iylsun
5. xopax:
2.500
Pesepne
v$
MII:
(100%)
30.000
3II:7SVo (20.000
6.000
t2.000)
36.000
y$
Y.reuhe y Hero
HMoBr,rHr.r Ha AaH
6u.nagca ctarra
7.500
7. xopar
MN
Ha
y$
fylsrr
(4. xopar)
2.500
57.000
1.000)
34.000
93.500
MPLAN PUBLISHING
Axqujcrr.r Ka[[TirJr
50.000
36.000
Vrynau
93.500
KanI,ITiuI
7.500
55
BAXHA
HANOMEHA
Hecnararue usuefy xupo
paqyHa rpyne 3alreBa
KopHroBalbe npe
KoHConHAoBalta.
BAXHA
HAN OM E HA
[o6nr xoja ce ocraapyje o4
3aKlby'{He
KaAa ce Krpo parrpil rrrraHoBa rpyne He cnaxy Kao flocneAr,rqa roroBI,IHe wM suruxa y
rpancQepy, 6wnarucu cralba [oKa3yjy ravry nosnqujy H3 rrepcneKrr,rBe cBaKor nojegruavnor
npe4yseha, aJII.I npe Hero [rro ce r,r3Bprxu KoHcon],rnoBahe, HeorrxoAHo je Kopnroname. flna
xupo paqyHa he ce ouAa rroHurrrraBaru KaKo ce 1uta:ncu crarba flpuKasyjy'yHaxpcHo.
BpeAHOCTT4
sanuxa je HepeanH3oBaHa
H3 nepcneKruBe rpyne.
To crora urro rpyfly rperr,rpaMo rao je4no npaBHo lnqe. Huxo He Moxe Aa ocrBapu
go6ur rpronalbeM ca caMr,rM co6ortl.
3aeuun iipedyehe y ilotuiiyuorw eaacnuruifiey
KaAa sasncHo npe4ysehe (y nornyHor'l BnacHutrrrBy) npoaaje po6y uarnvHorrl npegysehy
npelysehe npo4aje po6y sanucnor*l npe4ysehy H HeKH oA npou3BoAa ce
Hilfla3e y 3anHxaMa na xpajy roAHHe, npegysnrtlajy ce ABa KopaKa:
rrJrH MarrrqHo
.
r
fuzyje:
IyEje:
Hepacnopefieua Ao6ur
Iloilpaucyje: 3aluxe
(y 6r.uaHcy cralba MaruqHor npe4yseha)
H jeaan H Apyrr{ uerog cuamyjy 3anuxe Ha rpotuKoBe 3a rpyry r,r yx-tamajy
Hepeanu3oBaHy Ao6ur H3 pe3epBr.r rpyne. [pyra onrlnja je uajerfnracHuja na uc[HTy
noulTo je uame BepoBarHo Aa he ce sa6opanurn.
3aeucuo iipedytehe y deruuuurtou otacauwwey
BAXHA
HANO M E HA
Y IAS 27 ce
HaBoAr,r
Aa
xepeanueoaaxa go6rr
rpe6a ga ce "y nornyHocnr"
enuMIHHuie. Vo6uujeua
uaurxcxor yreuha.
IAS 27 ce ue gaje cacB[M jacuo ynyrcrBo o roMe KaKaB nocryrrar rpe6a npr,rMeHuru 3a
Y meuy ce caMo
rpe6a aa ce y rrornyuosru eJrrndnurrue, aau Huje jaoro la m,r jegaH rbeH Aeo rpe6a ga ce
eBEIeHrHpa Ha reper MaBI,rHcKor yleruha. Vo6uvajeua npaKca je la ce MarbHHcKo
yreurhe 3aAfJor sa cnoj Aeo, TaKo Aa ce oBAe ycnaja mj trocryflaK.
[a
25 x$8.000:$1.600
125
ro jecr 100 +
56
25.
MPLAN PUBLISHING
PALIyHOBOACTBO
rPynE - 1 : I-IOFIIABIbE 4
y$
v$
1,600
1.440
160
1.600
$l.600
Ilotripaucyje: 3aln<e
$1.600
HAN OM
BAXHA
E
HA
Hepea,ln3oBaHe
IIpuruep
H3
Eunanc craha
nepcnerffhBe rpyne.
Ha
MII
y$
3II
y$
fipyra nero
cpeAcrBa
75.000
12.000
5.000
83.000
9s.000
170.000
100.000
50.000
40.000
120.000
60.000
170.000
100.000
MPLAN PUBLISHING
57
h CnhTH
n PEAM
Pewene
l.
fpyna
MamnHa
80
20
*
2. xopax: Koprronana
Hepeaausonasa Ao6rr oA sanr,Ixa
5.000
#=
$1.000
lo6rru.
MII
y$
3II
y$
fpyha
y$
(no Ha6aunoj
npeguocrn)
75.000
170.000 100J00
Arqujcrc,t Kar[rrarr
($l o6uvne
axq.)
Hepacnopefieua
50.000
99.000
40.000
{40s00
1.000
99.000
cluuqarca ciiiana
Axqujcxu Ka[urilJl
HepacnopefeHa Ao6nr
y$
40.000
50.000
90.000
(rcopuZoe.)
y$
40.000
59.000
99.000
4. xopax: Iyarrur
v$
[eHa crevenux axuuja
75.000
fylnr,rn
3.000
58
KAPI.AN PUBLISHING
5. ropax: Pesepne
v$
Mn:
3ll: 80Vo (59.000
(100%)
120.000
7.200
-50.000)
127.200
v$
V,Ieuhe y Hero
HMoBHHH Ha
20% x $100.000
20.000
(200)
19.800
7. xopar
MaruvHo nperysehe
KoucoauAonann 6luaHc crarba Ha aau 31. .qeqenr6pa 20X4. romre
v$
Iytnur
(3. xopax)
3.000
- l) (2. ropar)
16.000
r78.000
3arNxe (12
197.000
Axqujcru
50.000
Kanr,rrirn
127.200
Yrynan
197.000
Kalr{Tzrrr
Caonurene o pa{yrroBogcrBerrrrM
3anme
19.800
rroJrr,rrfiKaMa
EMI,ITEHT.
BAXHA
HANOMEHA
Hor,rusanxa BpeAHocr
noHhujraBa noTBpAoM o
o6aaesH gaBucHor
ilocuyuarc
Hoiranuarna BpeAHocr norBpAe o norpaxr{Ba}by tro ocHoBy sajrtaa rojy ApxI,I MarHYHo
npelysehe ce noHHrrrraBa rrorBpAoM o o6anesH saBncHot npegyseha no ocnony sajnla
xoja je Hcre BpeAHocrr{ npu yKpurra}by 6ulanca cra}ba. [Iornple o sajr'ry 3aBI{cHor
npe4yseha, xojy 4pxe eKcrepHe crpaHe, ocrajy enu4eHrupaHe y 6uaaucy cralba.
florople o sajuy roje lpxe eKcrepHe crpaHe, npurasyjy ce ognojeno Kao Ayropor{He
oHe HI,Icy Aeo MalbtlHcxor yteurha.
o6asese y KoHcoJII,IAoBaHoM 6nlaucy cralba
KAPLAN PUBLISHING
59
Cn hTH
14 n P
AKTNBHOCT 2
t4
38 EIUTABAI-bE
14
norBpAy o norpa(uBaby
no ocHoBy 3ajMa y BpeAHocM o4 $10.000 y npeAy3ehy "Minimus' 30, jyxa 20X1. roguxe.
Eunaxcu y KrburaMa npeAy3eha "Maximus" u "Minimus" Ha AaH 31, 4eqeu6ap 20X4. roguxe
h3rreAanu cy 0BaK0:
"Maximus"
Cnarua ruoa,sa no
}/$
v$
225.000
xe*rj
06prua
'Minimusry
cpeAcrBa
06hqxe aKquje no
"Minimus"
$1
0.000
255.000
143,500
830.000
368.500
500.000
120.000
40.000
PeaanopusaquoHe pe3epBe
50.000
30,000
HepacnopefeHa 4o6r,tr
150.000
66.000
fiyroearua
130,000
830,000
368.500
12.s00
noAaqu.
(a) PeaanopusaquoHe pe3epBe n xepacnopefeHa go6ur ,Minimus"-a Ha AaH 30. jyna 20X1. rogr,rxe
cy r43Hocune $12,000 oAHocHo $30.500.
(6) Sanuxe ,,Minimus"-a Ha AaH 31. 4eqer,r6pa 20X4. ro4r,rxe yKrby.lyjy $22.800 y norne4y po6e
KynrbeHe og'Maximus"-a. "Maximus" Qarrypuue "Minimus" no Ha6aBHoj qexra nnyc 20%.
0g aac ce rpaxu
[4
FberoBor
OdZoeop
BAXHA
HANOMEHA
fl plrnu
UNH KAMATE:
.
r
o
a 3aTHM Aa
npe4yaefie Aa eBuAeHrupa
CTaBKe 3a KopilroBafbe
unu 3aBpuaBabe
nocrynKa npe
HacTaBrbatta
KoHConHAoBaba.
60
r,rJr},r
3aBpuanaire nocrynra
HaCTaBHMO Ca KOHCOJIHIqOBaIbeM.
Krsyvnu Aaryr!.r 3a Ar,rBr,rAeHAe je aan KaAa ce rbuxoBa Hclnrara o6janu, ro jecr ogo6pu; ro
KaAa ce oHe flperBapajy y o6anesy. Aaryr-r KaAa.Hx pyKoBoAcrBo upe4roxor uuje
peJreBaHraH, jep pyxonogcrno Moxe Aa ce npeAoMncnr4.
je garyM
MPLAN PUBLISHING
,[yzyje:
llpetysehe HcrrJrarlrJrau:
Hepacnopefiesa Ao6ur
Iloilipaucyje:
Ilperysehe
flpuluxotrr
IorosuHa
rpHMiuraq: lyzyje:
lorosuua
Ilofipawyje: Hepacnopehena
irJrr,r
IlpelygehelrcrrrrarrJrarl:' fuzyje:
6nrn ueonxoAHo
npnManaq:
Hepacnopefieua go6ur
HANOMEHA
flpunuxol,r KoHcon[AoBatta
6unaHca craba Mopa ce
r43BpurHr4 npe6ujarue
usuefy o6prue
uMoBHHe,
,,noTpEDKUBatba AHBHAeHAe"
,,
rexyhe o6aBe3e
nnafiarua guau,qeH,qe".
O6asegaHcnJrareAHBHAeHAe
Ilorpaxunarre
fuzyje:
Ilofupaucyje:
BAXHA
HHKaKBo KopnroBalbe.
Ilonipacrcyje:
Ilpeaysehe
Ao6ur
AHBITAeHAe
HepacnopefeHa Ao6ur
KoHco.rrHAoBaHoM
V oryrajerm,ra
je
la
Ilpuuep
H3tneAaJllt oBaKo:
,
Crarna cpeAcrBa
Upminster"
,,
Barking"
v$
v$
r00.000
92.000
Ynarabe y,,Barking"
55.000
O6prHa cpeAcrBa
45.000
31.000
200.000
123.000
100.000
50.000
80.000
42.000
O6!r.rHe aKrIHje
Hepacnopeheua Ao6ur
AHsHAeHAe Koje ce ryrvjv
(o6janrseHe Aeq. 20X4. rolnne)
ParHa 4yrorama
10.000
20.000
21.000
200.000
123.000
ry
roAHHy.
roluue.
61
fpyna
Manuira
80
20
100
2. ropax: Koprnonama
I
. florparcrnarre
,Ayzyje:
Ar,rBr,rAeHAu
og,,Upm instera"
Ilorpaxunarce
(80Vo
Iloruurruru
Padna.Iialiup
Cralna
$8.000
Hepacnopefesa Ao6nr.
Ilonipacrcyje:
2.
ALIBHAeHALI
10.000)
cpeAcrBa
Upminster"
$8.000
Ar,rBr,rAeH,qra.
,,
IpyEa
Barking"
v$
v$
v$
100.000
92.000
192.000
45.000
31.000
76.000
200.000
123.000
100.000
50.000
80.000
42.000
Yrararre y ,,Barking"
55.000
O6prua cpeAcrBa
ABBtrAeTTAH
O6r.r.rHe arotnje
Hepacnopefeua go6ur
(1) + 8.000
(ausuleHaa) nocraje:
Anrruenqa xoja ce
ffie
2.000
ruannucrsrr axr{{oHapmila
PasHa gyronana
$J00
20.000
21.000
200.000
123.000
(2)
2.000
4r.000
Hauonena: Ose HgrtreHe ce Mory o6e.[e)s{M y 6mancy crama rojz je .qar y caMoM flr.ITarby.
Mefyrulrr, na;cro je ,qa ce re H3MeHe npr,rKarry r,r y BaureM oAroBopy, xaxo 6u ltcrmrumrr
BHAeO Aa pa3weTe nOrTrKy rIOCrynKa.
3. xopax: tYprur
v$
v$
Tpourxouu ynararba
55.0000
80%x(50.000+12.000)
(49.600)
5.400
Iyanrar
4. ropax: Pesepne
KoHcornAosaHa Hepacnopehena Ao6ur
v$
,,Upminster": (80.000
8.000)
88.000
24.000
12.000)
I12.000
62
MPI.AN PUBLISHING
Hero nrtosmla
v$
O6H.rHe axquje
50.000
Hepacnopefesa Ao6ur
42.000
92.000
20Vo x
v$
18.400
v$
y$
Cra.nna HMoBr{Ha
I92.000
Marepnja.nna HMoBHHa
5.400
76.000
O6prna cpeAcrBa
273.400
YxynHa aKrr,rBa
KanuraM
pmepBe
O6H.rHe arqr.rje
100.000
I12.000
212.000
18.400
230.400
Vrcynax KatrvTurrr
Kparxopovne o6asese:
Ocrale
41.000
o6asese
AprsuAeHle xoje ce
lyryjy
MaILHHCKHM aKUHOHapHMa
2.000
43.000
BAXHA
HANOMEHA
l-lpoqepypa 3a rpemparbe
o6aseae nnafiarua xauare
xa sajau je pasnuvura og
nocrynKa ca o6uqHuu
Ar4BuAeHAaMa xoie gyryje
saBucHo npegyeehe.
273.400
MPLAN PUBLISHING
63
UCnnTHn
n P EgM
ET : Ol4 HAHC
14
JC KO l43BElllTABAl-b E
Mefyruu, HeoruoAHa cy
.
.
H KopuroBarLa Aa 6u ce peuanaro:
IOHHUTABA}LC CTABKH
CTeTIeHH
.
o
UABUI
MarbHHCxo yveruhe
uefiyxor'lnannjcxe rpancarqnje.
MeroA KopaK no KopaK 3a perxaBarbe oBor 3aAarKa je onucau ta rrpuKa3aH Kpo3 npnMep.
N
NTAI-bA 3A
nnL{Hy
NPOBEPY
2 [IJra npe4craBrba u3Hoc 3a KojH nnaheHa qeHa npeMauyje Sep BpeAHocr ogsojusux creqeHilx
Hero cpeAcraaa? (2.2)
3 Kaxaa je pa,ryxoso4crBeHil nocrynaK y IFRS 3 sa rygaun? (2.2)
4 Kaxae je paryuoso4crBeHli nocrynaK y IFRS 3 yxonuxo je nnahexa qeHa Matta oA Sep
BpeAHocn4 ogaojueux creqeHilx Hero cpeAcraad? (2.2)
5 3auro ce Mopa HanpaBHTH pa3nuKa u3Meby pe3epBu saBucHor npeAy3eha npe il nocre
cruqaua? (2.5)
6 Kaxo ce o6pauyHaaajy canAa Ha xupo paqyHuMa MarHqHe npe4yseha u 3aBucHor npe4ysefia
npunuKoM cacraBrbaba KoHconmAoBaHor 6unaxca crarua? (4.1, 4.2)
7
Kojr,r
NPAKTI4LIHA
NNTAFbA
Ilpegysefia,,Pixie" t.t,,Dixie"
Ha 4aH 1. jaxyapa 20X7. ro4ure npe4y3ehe ,,Pixie" je xynuno 37.500 o6r,tqHux axqlrja npegyseha
,,Dixie". Ha garyu crhqalba, repacnopefena 4o6ur npe4ysefia ,,Dixie" je usxocuna $20.000.
EunaHclr cralba oBa 4aa npegysefia Ha AaH 31. 4eqerr,l6pa 20X9. ro4r,txe cy u3rneAanu oBaKo:
Cranxa cpeAcrBa
O6piua cpeAcrBa
,,Pixie'
,,Dixie'
v$
v$
210.000 110.600
113.100 43.400
Vnararue y,,Dixie"
396,100
154.000
O6uqHe axquje
200.000
50.000
Hepacnopefeua go6ur
120.000
38.000
56.100
63.500
fluaugexge
20,000
2.500
396,100
154.000
64
3aBHcHor
(20 noena)
KAPLAN PUBLISHING
ilTAFbA
ncnilTHor
THNA
llpegyeefie ,,Pillal'
Ha gau 1. anpuna 20X8. rogurue npe4ysehe ,,Pillar" je crexno 90% axqr,rja npeAy3eha "Steeple".
Hepacnopefexa 4o6ur npe4ysefia "Steeple" Ha AaH cl4qatua je usxocuna 92,640,000.
u'000$
,,Pillaf'
,,Sfeep/e"
u'000$ u'000$ u'000$
Cranxa uMoBHHa
Hexperxuxe, nocrpojerua u onpeMa
HeuarepujanHa - coQreep
Vnararsa - Kanuran y npegysefry ,,Steeple"
'Apyro
2,544
2.388
2520
5.036
214
252
7.794
5.160
06prxa cpeAcrBa
3anuxe
florpaxuaama
Xupo pauyu npegysefia ,,Steeple"
Forogilxa
Kannran
863
629
90
24
672
,n1
1.606
1.066
9.400
6.226
pmepBe:
Axquje og no $1
llpeuuja xa axqujy
HepacnopefeHa A06hr
2.400
2.400
3,360
1.800
600
5,760
2.706
3.306
8.160
5,106
276
240
fiyropovxe o6aBese
fipxaeua AaBatta
Kparxopovxe o6aeese
flo6aeruauu
690
566
72
274
210
32
9,400
(i)
CoQreepnpegysefia,,Steeple"
npegcraBrbarpou,KoBe paseojailHTerpucaHornaKera
(ii)
KAPLAN PUBLISHING
Sanmxe npe4yseha ,Pillar" 31. r,rapra 20X9. ro4r,tue cagpxe po6y ca rpaxc$epuorr,r qeHoru
oA $30.000 xojoru ce npepysehe cua64eno roKoM roAuHe oA crpaHe npe4ysefia
"Steeple"
xoje ra je npogano ys 4o6ur op21o/o no na6aauoj BpeAHocrH.
65
Cn HTH,I n
t4
JC KO
t4
3BE IUTABAI'bE
Tpaxm ce ga:
20X9. roguxe.
(20 noexa)
OdZoeope Ho
o[roBoP
HA
AKT14BHOCT 1
rctouZe
100
l-pyna
Maruuua
100
gan
cTuqal*,a
Ha gan
1wnanca
y$
20,000
6.000
26.000
Axqujcxn Kanuran
Hepacnopeleua 4o6ur
qana
y$
20.000
6.500
26.500
3. xoparc Fygenn
axquja
xopax)
2?.il3
[y4aun
1.000
4. xoparc Peaepae
KouconugoaaHa Hepacnopefiexa go6ur
$
Ml'l:
3ll:
100%
22.W0
500
22.500
[y4sun
Pasua cpe4crea (106,000 + 34.500)
y$
1.000
140.500
141
66
,500
MPI-AN PUBLISHING
Aqujcxu Kanhran
100,000
HepacnopefeHa A06Hr
22.500
19.000
141.500
(6)
1.
80
Maruuxa
20
100
gan
cTuqafta
Ha gan
6unanca qarua
y$
20.000
6.000
26.000
Axqujcxu Kanuran
Hepacnopelexa 4o6ur
y$
20,000
6.500
26,500
3. xoparc fygann
}/$
Ha6aeHa BpeAHocr crevexnx axquja
27.000
(20.800)
6,200
l-y4aun
4. xopax: Pesepae
KouconlrgoeaHa Hepacnopef exa go6ur
3l-l:
v$
22.000
Mn:
80% (6.500 - 6,000)
400
22.400
5. xopax: Maruuxcxo yreufte
Y.reuhe y Hero
HMoBr4Hu 3aBucHor
v$
20% x $26.500 (2. xopax)
5.300
v$
l-ygann
Pasua cpe4crea (xao u nperxo4xo)
6,200
140.500
146.700
Axqujcxu Kanuran
Hepacnopefexa 4o6ur
Mamuucxo yueufie
Vxynau KanhraJl
100.000
22.400
5.300
127.700
19.000
146.700
MPLAN PUBLISHING
67
h CnUTH
14
3BEIIJTABAI-bE
(q)
1.
l-pyna
BO
Maruusa
20
100
Hagan
cruqaba
Hagan
1unanca c:arua
y$
20.000
5.000
6.000
31.000
Axqlrjcru xani,tran
Hepacnopefeua go6ur
y$
20,000
5.000
6.500
31.500
3. xopax: Fygann
y$
Ha6aeHa BpeAHocr creveuux axquja
27.000
xopax)
l-ygaun
(24.800)
2.200
4. xoparc Pesepae
KoxconugoaaHa Hepacnopef exa 4o6r,tr
v$
Ml-l:100%
3ll:
22.000
400
22.400
P ea a n o pu
saqnoHe W3epae
xopax)
crarua
y$
6.300
v$
[y4eun
2.200
5.000)
145.500
147.700
Arqujcxu Kanuran
Hepacnopefeua 4o6nr
MaruuHcxo
peuhe
Vxynau Kanuran
100.000
22.400
6,300
128,700
19,000
147.700
68
KAPI.AN PUBLISHING
oAroBoP HA
O6uwe anyie
AKTI/BHOCT 2
l-pyna
Mamuua
(75%)
(25yo)
2. xopax: Kopuroeana
1. Hepeanueoeaxa go6ur oA 3anuxa
'
120120
x$22.800
$3.800
craba ,,Maximus"-a.
2. llouuurure norepAy o sajr.ay y BpeAHocn4
6nnaxca
oR $10,000
Pagnn nanup:
Sunaucu craba Aaru y nuratsy, KopilroBaHh u npuKa3aHu yHaKpcHo ga 6u ce npuKa3ana
roplba nonoBuHa KoHconuAoeaxor 6finaxca crarba, y oaoj $asu usrne4ajy osaxo:
,,Maximus"
,,Minimus"
fpyna
v$
v$
v$
Cranxa uMoBuHa
380,000
225.000
60s.000
185,000
{*00
06prxa cpeAcrBa
(3.800)
O6uvxe axquje
255.000
143,00
830.000
368.500
500.000
120.000
30.000 40.000
50.000
30.000
150.000
66.000
394.700
30.000
Hepacnopefeua go6ur
(3.800)
O6aeese
130,000
112.000
830.000
368.500
3. xoparc [ygenn
y$
Tpomxosu ynarahba
242.500
y$
185,000
06nuxe axquje
120.000
PeaanopusaquoHe pe3epBe
12.000
Hepacnopefexa 4o6nr
30.500
75o/o
[ygeun
162,500
(121 ,875)
63.125
4. xoparc Pesepee
Koxconr4oBaHaHepacnopeleuago6ur
,,Maximus": no nl4Taby
HepeanusoaaHa 4o6ur oA 3anuxa
,,Minimus": 75% (66.000 - 30.500)
v$
150,000
(3.Boo)
26.625
172.825
KAPI.AN PUBLISHING
69
h Cn
14
JC KO
14
38 EIUTABAI-b E
Peaanopu3aquoHepe3epBe
v$
50.000
,Maximus"
13.500
12,000)
63.500
Ha
uTo ce cBaKH ry6uTaK ycneA cMatbelba BpeAHocT[ ryAB!{na Mopa ornucaTu oA HepacnopebeHe
Ao6uru, a He oA 6uno xojmx Apyrux pe3epBu.
5. xopax: Maruuxcxo yreufie
Hero uMoeuHa,,Minimus"-a
O6r,rvue axquje
y$
PeaanopusaquoHe pe3epBe
30.000
HepacnopefeHa 4o6ur
66.000
25o/o
y$
120.000
216.000
54,000
6. xopax
y$
y$
Cranua cpeflcrBa:
Marepujanra cpeAcrBa
Ha6aeHa BpeAHocr yMabeHa sa genpeculaqujy
605.000
Heuarepujanxa cpeAcrBa
[y4aun
63.125
668.1 25
O6prxa cpeAcrBa
394.700
1.062.825
Kanuran u pesepBe
O6usxe axqmje
500.000
PeaanopusaqiloHH Br,ruraK
Hepacnopefexa 4o6tar
63.500
172.825
736.325
Maruuxcxo yveu:he
54.000
Kanuran
flyropovHe o6asese
[lorepge o sajuy
790.325
ca 7o/oKa[are
Kparxop,rxe o6agese
30.000
242.500
1,062,825
70
MPLAN PUBLISHING
El INFORMATIIil1 d.o'o.
Ni$, Bulevar Cara Konstanl'na 80S4
IlorrraBrbe 5
PAL{yHOBOflCTBO rPynE - 2
CAAPXAJ
NOTTABJbA
1. Koxconugoaaxn 6unanc
ycnexa
2Papu nanup[
oa
KOHCOTTUAOBatbe
Jloxuurasare
rpaxcaxquja yxyrap
rpyne
4lAS 28 Ynarana y
npHApyxeHe eHrHTeTe
5
Ilprpoga saiegxnrxor
yBoAr,r
noAyxBara
6 Paryxoaogcrao y
Llnmean
Kaga
.
.
o
Aa:
o6jacHrre
pa3rrr4Ke usrvrefy
npaBHHx nr,rua.
BAXHA
HANOMEHA
1.1 Yaog
Y 6u.naucy ycflexa cauo je4uor npelyseha npnxasyjy ce pe3ynraru roAr,urr]ber [ocJroBarLa
ror npegyseha; crurrHo roMe, y KoHcofirAoBanou 6u.rraucy yc[exa npnxasyjy ce p$yrrarr,r
roAl,Itxlber flocJloBarra MaruqHor npe4yseha saje4no ca rberoBnM 3aBHcHHM npe4ysehuua.
Koxconugoaaxn 6nnaxc
xou6rxoaabeu noAaraKa
ycnexa ce npHnpeMa
go6rru
r,r
TaKo Aarbe.
nojeguHraHux npe4yseha,
HaKoH urTo cy H3BpuJeHa cBa
HeonxoAHa KophroBa$a.
BAXHA
Aeo
HANOMEHA
'
KonuKlt4eo,qo6uru
npHKa3aHe y npBoM
Aeny npHnaAa
aKqloHapHMa
maruqHor npegyseta,
a KonuKil ocTanuMa
KoHTponoM
MaruqHor npe4yseha
KoxconugoaaHu 6unasc
ycnexa ce cacrojn ns 4aa
Cepxa
Y geny A ce npuxasyje l00Vo rplrxoAa o4 npogaje, rpotrrKoBa npo4aje, 6pyro Ao6ur, rope3,
qo6ur trrru r5i6rrax HaKoH orrope3r,rBarla Marr.rqHor nperyseha H cBtrx 3aBr.IcHHx npegyreha.
Y gery E ce npuxacyje anoxaquja go6vrrw Ha aKrlHoHape equity holders MarnyHor
npegyreha LI MamHIIcKHx yteurha (xojn uuajy rpaBo Ha cnoje yreurhe y 4o6uru 3aBr.rcHrrx
npegyseha xoja nucy y rrorlyHoM BJracHnrrrrBy rpyfie) HaKoH o[ope3r,rBa[6a.
.qo6rm
oA Ao6uru.
KAPLAN PUBLISHING
71
lllTABAFb E
,qossoJbana
Y orou
npoMeHaMa Ha KanrlTalry.
Ause y
BAXHA
HAN O M EHA
V geny A cae 6pojxe ce
oAHOCe Ha qenoKynHo
nocnoBatbe Koje
KoHTponuuy AHpeKropH
Mailr{Hor npe4yseha. To
pe3epBr,r rpyrre
roKoM roArrre.
Mamwo
ha (3n).
nperysehe (MD je flpe HeKonr,rKo roALrHa creKro cse o6H{He arcgaje sanncuor nperyepesynmrr{ 3a ro4rHy xoja ce 3aBprruna 30. Honer'l6pa 20X4. HsureAaJM cy oBaKo:
Iilxonu
Ilpuxoa
MII
Y$
ol npoaaje
Tpoumonn rpoAarux
[o6nr
8.500.000
rrpoH3BoAa H pacxoAn 7.650.000
npe onop$HBarba
IIopes
[o6ur
HaKoH orrope3[Ba]6a
3II
Y$
2.200.000
1.980.000
850.000
220.00u
400.000
r00.000
450.000
120.000
Peweme
[o
v$
llpuxo.q
ol npolaje
[o6ur
npe onope3uBa[6a
IIopes
.(o6ur
HAN OM E HA
Yxonuxo MarlrqHo npegyeehe
noce4yje cauo jegau 4eo
axqnja saaucxor npe4ysefi a,
rruqe
Ha npHxoA 0A
npogaje rpyne,
rexe
Tpou.lKoBe npoAarux
npoH3BoAa, pacxoAe !r
72
9.630.000
1.070.000
500.000
HaKoH onope3l,rBalba
570.000
BAXHA
TO He
10.700.000
nop$.
caMo
25Vo
x$120,000
$30,000.
MPLAN PUBLISHING
AKTI4BHOCT
carrr,o
ilayc o
AKTNBHOCT 2
(a)
(6)
Ha
.Odloeop
BAXHA
HANOMEHA
Mefiyxorunaxujcxe
AuBuAeHAe ce
enHMl4H14uty
npunuKoM KoHconHAoBaba.
yraralba ce npuxaayje
ogeojeno, Kao npmxoA, y
KoHconuAoBaHou 6unaHcy
ycnexa.
Ha osy orcurueaocut
EoZttaena
.
o
AHBHAeHAe
I,rcIneAao oBaKo:
IIpe
PasHa Hero cpeAcrBa
Arunjcrut
Kaflr,rrzlJr
Hepacnopefieua 4o6rr
IIoue
v$
v$
13.000
3.000
1.000
1.000
12.000
2.000
13.000
3.000
MPLAN PUBLISHING
73
CIUTH
14 n
t4
3BEtLlTABAl-bE
Fylsr,ur-
Mannrcxa yveuha
s
IIpe
20% x $13.000
llocre
20Zo
2.600
600
$3.000
Cnamerce
2.000
2.000
BuAr,trro Aa
Aena
AHBHAEHAE.
IIpe
llocne
$
80% x $(12.000
80%
$(2.000
2.000)
8.000
Hyna
2.000)
BAXHA
HAN OM E HA
SaeucHa npe4yeefia y rpynur
Cuanerre
8.000
TOTOBUHE MATHqHOM
xero @exar
143H0C
Ha yKynaH
KoHConUAoBaHe
xepacnopelexe go6uru,
Aona3il Ao npoMeHe y
rbHxoB0M cacTaBy.
AKTNBHOCT 3
Mefiyrurr'r, HaKo yr(yfiaH H3Hoc He'rp[r{ Hero ef,exar, Aona3u Ao rrpoMeHe cacraBa.
llosehana ce H3Hoc KoHcoJrHAoBaHHx HepacfiopeheHnx Ao6urn MarrryHor npe,ryseha, a
cuarryje ce H3Hoc saBr,rcHlrx npegyseha; gaue e$exar he ce oApa3r,rru Ha r{3paqyHaBa}Le
KOHCOJI,IAOBaHr,rX pe3epBH flpeHer]rx y HapeAHH rrepHoA.
Sunaxcu ycnexa MaruqHor npeAy3efia u 3aBilcHor npegy3eha 3a roAHHy Koja ce 3aBpuuna 31.
aBrycra 20X4. cy npuKa3aHu y ra6enu Koja cneAu. Maruqxo npeAy3efie je crexno 75% o6uqHilx
aKquja sasucHor npeAy3eha npe HeKonr4Ko roAuHa.
Mn
3n
$$
flpr.rxog og npogaje
2.400,000
2.160,000
240.000
flo6ur og rproBuHe
800.000
720.000
80.000
flpuxog oA ynaratua:
flueu4exga npuMrbeHa oA 3aBucHor npeAy3eha
1.500
241.500
80.000
Ilopes
15,000
38.000
126,500
42.000
[o6ur
nocne onope3ilBaba
l/cnnaheue
AHBUAeHAe
2.000
74
iloilaono
MPI.AN PUBLISHING
rPvnE - 2: IIOFIIABJbE 5
PAL{VHOBOACTBO
AKTNBHOCT 4
Oea aKruaHocr je cnhqHa aKruBHocn4 3, anu oaora nfra ce o6yxearajy AUBHAeHAe xoje cy
o6jaaruexe, ar[ He u ucnnaheHe,
Sunaxcu ycnexa 3a MaruqHo npeAy3ehe (MIl) u saaucxo npe4ysehe sa roAuHy xoja ce 3aBpuuna
31. aerycra 20X4. cy npilKa3aHu y ra6enu Koja cneAr. Maruquo npegysefie je crexno 75%
o6u,{Hux axquja saeucxor npegysefia (31'1) npe HeKonuKo roguHa.
$$$
Mn
2.400.000
2.160.000
Ilpmxo4 oA npoAaje
VxynHu rporxKoBu
flo6ur og rproBr4He
Ilpuxog oA ynaraba:
3n
800.000
720.000
240.000
npegysefia
1.500
npegyeeha
6.000
7.500
247.500
115.000
Ilopes
132.500
80.000
38.000
42.000
fluangeu4e:
lrlcnnaheue
2.000
60,000
8,000
60.000
10.000
BAXHA
1.7
HANOMEHA
Crasxe Hoeor
saBr4cHor
tieroBor cflqalba ce
H3 peneBaHTHr4x
6pojrcr rpyne,
AKTNBHOCT
Oale je nraBHr,I npo6rer'r r<aKo rpcrupam ao6rnr HoBor 3aBHcHor npe4neha flpe rreroBor
ctrualba. Ilpucryn je: HcKJbywrM craBKe 3aBr,rcHor npe4rueha xoje nouoje npe rlercBor crr.ruarta
ncxnyryiy
rc
(31'1)
sa roAuHy xoja ce
Mn
3n
$$
flpNxog o4 npo4aje
1,430.000
1,160.000
600.000
504.000
270.000
96.000
Ilopes
135.000
48.000
135.000
48.000
200,000
Marr,{xo npeAysehe je crexno 75Yo o6u,txux axquja saeucxor npeAyseha 28. $e6pyapa 20X4.
roAuHe. flpernocraeuuo Aa ce 4o6ur ocreapyje yjeguauexo roKoM roAuHe. [lpunpeuure
KoHconfiAoBaHlr 6unaxc ycnexa 3a roAHHy H Kperabe KoHconuAoBaHe Hepacnopelexe 4o6uru.
OdZoeop Ha oey arcutuenocut tincrceute
MPLAN PUBLISHING
75
BAXH E
HANOMEHE
,Quau4ex4a npe crilqatta ie
Ar4BuAeHAa Koiy Mar[qHoM
TperrpajreAilBr,lAeHAy
TperrpajreAhBr4AeHAy
Kao peanus0BaHy
Tpernpajre AlrBr,rAeHAy Kao pearr.r3onauy go6ur y pyKaMa MarnqHor npegyseha (ro jecr
Kao flprlxoA o4 ylarama). O6pasroxerse oBor flocryrrKa je ro uro ,rcrurara AHBHAeHAe
npe crrrlarra ne ysporyje rpajHo Walberre BpeAHocrH ynararba Marr,rqHor npe4yseha y
3aBHcHo npeAysehe. Crora uuje HeonxoAHo Hr,rKaKBo cMamr{Ba}be BpeAHocrr,r.
go6nr y pyxaua
MaruqHor npegysefia
Tpernpajre AHBr,rAeHry rao nonpahaj Aena rporrrKoBa yJrararba MarrrrrHoM rpeApehy (ro
BpeAHocrr{ ynarama MaruqHor flpeApeha y saBr.IcHo
npe4ysehe). Ono je rpaAr,rrlHoHanaH craB npeMa Ar.rBr,rAeHAaMa rrpe crlruarba. O6jarumene
sa ro je Aa ce caMo A06r,rr ocrBapeHa rrocJre crr,ruarba Moxe rperHparH Kao 4o6ur rpyne
r,r crora ce caMo AtrBLrIeHAe ncnlaheue us 4o6urn Koja je ocrBapeHa nocJre crr,{uarba
Mory Tperrrparn Kao [p[rxoA. Aanu aptWeHT sa onaj flocryrraK je ro uro Ar.rBr.rAeHAa
ucuaheua lrs Ao6r,rr[ ocrBapeHe npe KynoBHHe cuamyje BpeAHocr ynara[La Mar[qHor
nperyeeha y 3aBHcHo npetrysehe Ha BpeAHocr Mal6y oA npno6nrHux rpotrrKoBa.
npegyeefie ut gobwu
HaBeAeH
cJreAr,r.
Ilpuuep
gurreHuue cy Hcre Kao rr y nperxo4noj aKrHBHocrlr 5, usysea rora ruro l. ruapm 20X4. roluue
3aBHcHo npegy:ehe ucrulahyje Ar{Br,r{eHAy oA $12.000. floxa}s.rre K}brDxe}be y AHeBHT{rry 3a
eBr.rAeHTr,rparbe AIrBr,IAerue
1
2
jyla
KoHcoJrr,rAoBaHe
Pewerue
Ip
$9.000
e: Tpourxonu ynaralba
$9.000
KoucoaudoeaHe pnepse
$
L035.000
236.000
(216.000)
20.000
Yqeuhe rpyne
(75Vo)
15.000
1.050.000
76
MPLAN PUBLISHING
PAI{yHOBOACTBO rPynE -
llprxol
2: IlOl-flABIbE 5
oA ynaraba
Kruuwerre y dueonurcy
,[p:
fuzyje: forosilHa
x 12,000)
Ilpnxol oA yrrararba
(75V0
Ilotrtpatrcyje:
KoucotudooaHe puepse
$9,000
$9,000
r.o++%OO
8.000
Vqeuhe rpyne
(75Vo)
6.000
1.0s0t00
AHsHAeHla ce rperr,rpa Kao craBKa xoja ce nojanryje nobre cruqarba, HaKo ce ncuahyje
,rs Ao6r.rrr,r ocrBapeHe flpe crurlarba.
Ilpuuep
V ra6emr HcttoA cy Aaru 6uraucn ycfiexa npegyseha Tyndale u lberoBor 3aBHcHor
npegyseha Luther.
Tyndale
$s
O6pr
Tpouxonu rtpoAarnx
Epyro
npon3BoAa
to6r,m
216.300
t36.269
80.03J
pacxoAr,r
(21.630)
6.048
Ilpuxoa ol y.{euIha y npetyseha H3 rpyre
Aguuur,rcrparuBHr,r
64.M9
28.1 t9
36.330
126.000
79.380
46.620
(12.600)
34.020
16.380
17.640
Apyrn roAarIH:
HcuaheHe
Luther
20.000
ATTBHAeHAe
replloga 36.728
10.080
23.940
MPLAN PUBLISHING
16,380.
77
Ycuafiuname
Ar.rBr,rAeHAH
yHyrap rpyne
Ilpuu.neuo, no Tyndal-y,
6.048
,{aue,
6.048
Luther
Tyndale
Kopuloearm Koucoaudoeauo
60Vo
12 nece4u
O6pr
216.300
TpouxonrnpoAarr,rxrpou3BoAa (136.269)
AguuuncrparuBHr,r
pacxoAH
(21.630)
Ilpnxo4 oA ynaralba
IIopes
[o6ur
(28.1
nocJre onope3uBa[ba
le;
$$$
126.000
(79.380)
( 12.600)
(r6.380;
(44.4ss;
17.640
47.922
30.282
342.300
(21s.649)
(34.230)
(7.0s6)
neprroAa
$
Tyndale
36.728
4.536
16.380)
4t.264
4. xopax: llpnupeulmr
KoHcoJrEAoBarn
6ulaxc ycflexa il
v$
Ilpnxol
78
oA npoAaje
342.300
zts.649
Epyro 4o6nr
t26.6sl
A4r'rr'rHucrparuBHu pacxoAlr
34.230
92.421
llopes
44.499
47.922
KAPI.AN PUBLISHING
llpunncyje ce:
Axqrouapnua
Tyndale-a (B)
40.866
Martuscxor',r yveurhy
7.056
47.922
Kperane
pe3epBn
[o6ur
rol.
v$
(xao rope)
41.264
40.866
(20.000)
3a roAHHy
Hcmahene AHBHAeHIe
Ha AaH 31. r'lapra 20X7. roAuse
Odjawrcena
62.130
uafroneue
ll "KoHco[[4oBaHa"
KoJroHa.
KoJroHa 3a cBaKo
BAXH E
HANOMEHE
Y ceaxou npuMepy ca
AlrBilAeHAaMa yHyrap rpyne,
noqHhre ycxnafuaarueu
uexoca xoje norpaxyje
MarilqHo npe4ysehe ca
r,l3HocHMa xoie
4yryjy
3aBucHa npegysefia.
[uaugexge
npegysefia
3aBr4cHr4x
ce
HuKa.qe He
noiaaruyjy y
KoHconHAoBaHou 6unaxry
flpeApehe
reryhoj
togwruw 60Vo
IIyH
H3HOC
[yr{
H3HOC
usuoc roju
npeAcTaBJba
ycnexa.
rpaucarquje noue
CTHIIAtbA
KoHTponoM.
cag;a
he ce, y aely E
r,r Ma[br,rHcKHM
MaTrHHcKHM aKuHoHapHMa
flocfle cruuarba
o6pavyucxor flep]roAa.
KaAa ce flotryr{H rJraBHa ra6era Moxe ce ucrfircartt KoHconuroBavu 6utasc yc[exa
xoprurhemeu 6pojxn H3 "KoHcolH4oBaHe" KorroHe.
Pesepne ryyrre npeHere Ha HapeAHH nepr{oA qHHe H3Hoc xoju je [peHeceH ruryc
o6janneHe Ar,rBr,rIeHIe.
lo6rr sa ry roAHHy WarreHa sa NcnraheHe
nlr
MPLAN PUBLISHING
79
BAXHA
HANOM EHA
Ilorpe6uo je
u3Bpulr4Tu
Kopur0Barbe 3a
HepeanH3oBaHe
go6nrn
o,q
3anhxa ocTBapeHe
o
o
o
Ilpnxol o4
npogaje
80
Tpouxonu flpoAarr{x
npon3BoAa
cBaKr,r
60
lllra 6ra 6t 6wro 4a je npe4ysehe B npolalo ry craBKy ga $95 Ao AaryMa 6n.naHca crarra?
EuraHcu ycflexa oBa ABa npe4yseha 6u npuxasnnaml cle4ehe:
llprxot
oA npoAaje
80
9s
-80
60
20
l5
O6e npe4yseha cy peiur,r3onala cnoje Ao6rru raKo Aa lbr.rx He rpe6a xopnronanr. Mefiyu.t'l
cauo je4uo eKBuBurJreHrHo npe4pehe 6u y cnou 1wruucy ycflexa npr,rKa3arro cleAehe:
s
llpnxoq ot npolaje
95
60
Epyro
ao6rr (r apyrn
la
yKlmHH pesylraru)
eJrHMr,rHHureMo caMo
$80
35
rs
Hs
BAXHA
HANOM EHA
Vxonuxo je npao6urxo
HacTana HepeanH30BaHa
,qo6rr y saeucxou
npe4ysefry, r'ratbHHcKo
yreute
ce Mopa Kopr4roaarn
aa caoje yveufie y
xepeanrsoaauoj go6uru.
80
Y o6a clyraja,
KopHroBarbe ce BpuH
KonoHr,r "Kopnronama"
y uanHoj ra6eln.
npeAysehy, MarLHHcKo
MPLAN PUBLISHING
PALIVHOBOACTBO
fPynE - 2 : I-IOFJIABIbE 5
Ilpumep
"Ylag"
s$
6.956
3.108
flpnxo4 ol npolaje
Tpouxonu npoAarr,rx npou3BoAa
Epyro
ao6rar
pacxoAr.r
y
flpr.rxol oa arqrja npe4ysefu.rMa rpyre
A4trll,tuucrpau,rBHn
3.290
1.470
1.820
(560)
150
2.814
1.258
flopes
t.260
595
1.5s6
flocJre oflope3uBa]ba
I,IcruaheHe
"rl31a3"
3.848
(1.184)
jym20X7.
66s
800
AHBr,rAeHAe
250
Kperane p$epBrr
,Ytat'
$s
797
1.s56
(800)
jyla
,,
1.553
20X7. roAr.tre
II3!to3"
3.95s
66s
(2s0)
4.370
.{,ogarnu rroAaw
Y ro4luu roja ce
3aBpurr,rJra 31.
$l
,,V3ra3a"
Ha aaH 31. jym20X7. roAr,rHe ,,V31a3" je npotao 40Vo ose po6e sa $300.
sa
roAr,rHy
Pewerue
1. xopax: Ycxrafinnane
Yveuhe
AllBHAeHAH
,,Yra3a"
$250 x 602o
$150
Kopr,rroBarbe.
,{axle,
oAy3MHTe $625
60% x$625
= $375'
HepealnsonaHa Ao6ur
20Vo
x$375:
$75
I
r,r
BpeAHOCTr,t 3aJI[Xa.
MPLAN PUBLISHING
81
14
JCKO
1438
EIUTABAI-bE
Tpourxorn npoAarro( rrpo[r3BoAa ce cMarryjy 3a r,r3Hoc npo4aja ynyrap rpyfie ($625), urz.ce
saruM noBehasajy 3a Hepearn3oBaHyao6nr ($75). Tmue ce rtocnDKe Hcro Kopr,ffoBarbe oA $550.
Ona Asa H3BpureHa KoprrroBalba ce caAa Mory flpeHeru y KoHconuAonauy ra6ely.
Zpyiiy
uVtas"
MII
,,Ilstaa" KopuZoearct
Koucoaudosauo
60Vo
12 necequ
$$$$
llprxoa os npoAaje
6.956 . 3.290 (625)
Tpourxonu rpoAarr.rx rpou3BoAa (3.108) (1.470)
550
go6rr
pacxoAu
llopes
Epyro
Am'ruuncrpatnBHu
[o6nr
nocrre
9.621
(4.028)
orope3lrBarba
1.406
5.593
(1.744)
(1.8s3)
(75)
665
1.996
v$
Mamuncro yreuhe:
40% toiwnn rocne onopesunalba $665
266
x (665
- 75):
$236, cuameme
ol
$30
fi
gaBRcHo nperyaehe
npoaaje
Tpourxonu [poAarux rrpou3BoAa
Epyroao6rr
A4r'luuucrparuBHlr pacxoAtr,.
[lprxol
[o6nr
oa
npe
Ilopes
onop$HBarba
flo6rar nocne
v$
9.621
4.028
,*
1,.7M
,*,
1.853
onope3r{Ba}ba
Ilpurmcyje ce:
Axqnouapnua npeqyseha "Vlas"
Mamnscruru yreuhuua (4.
(B)
roparc)
,t%
1.730
266
1.996
82
KAPLAN PUBLISHING
PA({yHOBOACTBO TPvnE -
2:
IIOFJIABIbE 5
Kperane peepBn
$
Ha
lan
60Vo (3,955
980))
2.582
Ao6ur
3a roALIHy
Yuanena 3a AHBlrAeH,u,e
1.730
(800)
3.512
BAXHA
HANOMEHA
Kog npogaie cranne
uriroauxe
uely
npegyaetnua us iegxe
rpyne y3 go6nr npogaaqa,
norpe6xo je KopuroBatue Aa
6r ce npuxaeano xaxo 6u
H3rneAanH Snxaucujcxr,r
Ilpe.ryseha lrs je4re rpyfie Mory uefiyco6uo rproBarr,I cram{oM HMoBI.IHoM. Axo je nPotajHa
ueHa HeKor cpeAcTM HcTa Kao H }beroBa KlblnoBoAcTBeHa BpeAHocT y KrbHraMa npoAaBua y
nper'le npogaje, oHIa Hr{cy HeorD(oAHa Hr{KaKM Kopr{roBa}M nourro he rynaq o6pa.rprarn (u
aMoprlr3oBaru) ro cpelclno no3nnttr6eM Ha npno6mty Ha6anry BpeAHocr 3a rpyrry.
uru
eJIHMr,rHHrrry.
Perueme
$$$
Eulauc crana
Crarsa
Crapn calao
20.000
(4.000)
2s.000
-
TpollrKoBH
3a roAHHy
(4.000)
(6.2s0)
[8.000)
12.000
(6.250)
18.750
(4.000)
(6.2s0)
Ha6asHa Bpe.[Hocr
HMoBHHa: auoprnsaquja
CarAo ea
rexyhr.r ilepl,to.(
KI6HTOBOACTBeHa BpeAHOCT
Euauc ycnex
Tpourxoul,r ar'ropmsa4,rje 3a roAHHy
[o6ur
KAPI.AN PUBLISHING
9.000
5.000
4.000
(2.2s0)
1.750
6.750
(2.2s0)
9.000
83
,[yZyje:
Hepacnopeheua 4o6ur
HepealusonaHa A06r.rr
Ilonipatqje: Cralsa
Iloulp atcyj e
HMoBHHa
CralHa cpeAcrBa
ol
- ua6asHa BpeAHocr.
- aKyMynnpaua airloprnsaqnje
$5.000
$
1.7s0
beyje:
flo6rar oA
npotaje
$2.250
AKTNBHOCT 6
$2.2s0
BAXHA
HANOMEHA
flpunurou
KoHConHAoBatca,
Ka4a uarn'lno npegysehe 4aje sajarrr 3aBHcHoM npe4ysehy, pesyirrupajyha KaMara npeAcraBJba
pacxoA 3aBHcHor npeayseha nplrKa3aH noA y orGHpy nosnqlrje AyroBHa KaMa'ra. Maruqso
npegysehe he ory KaMary o6yxrarm.r y oKBHpy nosnqlrje ,,nptrxoA oA yJraralba(..
MaruqHor npegysefia
3aBrcHoM npe4ysehy uopajy
ce enHMuHt4caTil.
ouoryhula 6uro xaras yruUaj, u rle je cBpxa ynararta reHepr{carbe np[xoAa H KannrzrJrHe
/o5tnw.
Mehymu, nocrojn
A E O 7l
HtAutA JE
l-lpngpyxexn
exrnrer/npegyrefie je
4ua, xojr
3aBncHo npe4yeehe uu
eHrnreru/npe4yseha".
saje,quu,rxu noAyxBar
uHBecTHT0pa.
3xaraiax yrnqai
npegcraarua uoh
yqecTB0Barba y A0H0uJetby
He n
KoHTpony Har oBHM rroJrr,trlrKaMa. Crrrarpa ce Aa BnacHur{Kr.r yAeo ol^20% HJIr,r BH[re
rJracaqKe r'rohn laje snavajaH yrHUaj, ocHM aKo ce He Moxe jacuo geuoncrpr,rparr,r Aa
oAnyKa Be3aHIx 3a
Quxaucrjcry u nocnoBHy
noflilrr4Ky npe4ysefia y xou
84
3nauajau
.
.
.
sHavaja
n yrfiuaj :
Be3r,r
ca rroJlr,rTr,rKoM
r,rJr]r
MPLAN PUBLISHING
PAL{VHOBOACTBO
rPvnE - 2: IIOFIIABJbE
y xoje
ce
yJraxe, a roje ouerajy rpaHcQep cpeAcraBa Mory Bpno raxo 6uru AoKa3 Aa HHBecrHrop
BAXHA
HANOMEHA
Paryxoaogceexum
MeTOAOM yAena Ce
ynarabe
npB0 eEuAeHTHpa n0
eBr,rAeHrr,rpa no
ua6anHoj BpeAHocrH, a 3arHM ce 3a rrpoMeHe xoje uacraHy HaKoH crnr{arba Bprxn
KopnroBarbe yreurha r,rHBecrr4ropa y Hero. r,rMoBr,rHH npuApyxeHor [peAy3eha (= yreurhe y
HepacnopefeHoj lo6nru ocrnapeHoj uaxon cruqama).
xa6aeHo,j BpeAHocr[, a
3arHM ce aa npoueHe roje
HacTaHy HaKoH cTlrqatba,
uHBecTuTopa y HeTo
14
M0Br4 HH
np[Apyx(eHor
npe4yseha.
Ynorpe6a MeroAa yAena ce Mopa npeKr,rHyrr{ aKo sHavajaH yMqaj HHBecrnropa npecraHe,
qaK ,r aKo ce HHBecruuwja u game Ap)Ku. y TaKBHM oKoJrHocrHMa ynaralbe rpe6a 4a ce
o6pavyHa xao QunaHcujcKo cpeAcrBo y cKJraAy ca IAS 39.
(mu
onop*r,rBarba
oAy3r.rMalba
ucmahennx/o6jauseHnx 4,rsuAeHAr.r).
Ilpno6urHu rporxKoB[ ynararba uory 6uru, Kao [rro je clyraj ca ynara]beM y 3aBHcHo
npeqysehe, 6nfl.r sehfi o.q y.reurha y creqeHuM Hero cpeAcrBwua. Attt Ko.[ [pr,rAppKeHux
npelyseha npertu,rja ce He rcpaqyHaBa, raKo Aa ce ryABHn He npuxasyje ogrojeuo.
IoAltumn recroBn
BpeAHOCT
ynararba.
.
.
sa:
BpeMe cTHuatba.
Haro
Hanouumeuo Aa ce He loaajy
KAPI.AN PUBLISHING
HLIKaKBH
85
l4CnHTH
14 n P
EAM ET : ON HAHC
14
JCKO rl3BEtllTABAl-bE
BAXHA
HANOM
HA
Axo ce paryxoBoAcrBeHe
nonlruKe pa3[HKyiy, Tpe6a
KopllroBarr Quxaxcujcxe
usaeunaje npuApp,KeHor
npe4yseha npe tuuxoBor
yHoca y H3Beuraj rpyne.
BAXHA
HANOM
rojn cy
E
HA
Axo ce paryxoooAcrBHn
Aarymu pasnnxyiy,
npuApyxeHo npegysehe
oHe noreuqnjaaue o6asese xoje Hacrajy s6or rora uro je HHBecrHrop r,rr{AHBHAyanHo
o6anesaH 3a cBe ,rJrH caMo 3a Aeo o6anesa rrpnAplDr(eHor npe4yseha.
y QuHaHcuicxuu
usaeunajrua HHBecrlrropa.
Cyrrrr,rpaHr,r
Ilpuuep
MarH.rHo npelysehe je crexlo 25% o6w,tuux arctuja npegyseha A sa $640.000
3l.4eqerrr6pa 20X2. rolune xalaje uepacnopefiesa Ao6nr npe4yseha A npe4ela $720.000.
MarH.rHo npegysehe je uuenona.no ABa Ar4peKropa 3a rilaHoBe og6opa npeAyseha A H
ynaralbe ce cMarpa AyroporrHHM. O6e npe4yseha cnaxe roAHHe npr,rnpeuajy SuuaHcnjcxe
usneuraje 3a neplroA lo 31. geqeu6pa. Cyr'rrapauu 6ruaHc cralba npeAyseha A Ha AaH
31. aeqeu6pa 20X4. roAuue r,r3rneAa oBaKo:
y
PasHa Hero cpeAcrBa
$000
2.390
Kanura.n H pe3epBe
Axqujcrcl
800
Kaflr,rrilJr
llpeuraja ua axqujy
450
Hepacnopefiesa Ao6u:r
t.140
2.390
Ilpegysehe A luaje eMuroBurro axuuje Hm,r je 6,uro HxaxsNx Kperalba nper'rnje Ha axqujy
oA KaIa je uaruvHo npegyeehe creKJro cnoje yreurhe y rroj.
Pewene
y $000
Ha6asHa
BpeAHocr
640
720))
105
745
86
KAPLAN PUBLISHING
PAqyHOBOACTBO rPynE -
BAXHA
HAN OM E HA
YrynHe
KoHcoJrr.rAoBaHe
2: nOFIIABIbE
pe3epBe noeeharu ga
yreuhe rpyne y
pe3epBaMa
npHApyx(eH0r
npegysefia uaxox
lber0B0r cTuqaba
pe3epBe CMaIU/tTll 3a
v $000
MII:
3ll: 3llVo
(aaryr',t
lwauca crarla -
Vuameso
x
x
crrqane)
cu,ruarbe (1.140
720))
- rygsun 3[I
- yrarame y A
ra: fy6nrxe
105
(X)
(-)
;
Ilpuuep
Ha ocHory qulbeHnrla Aarlx y npr,rMepy Ha nperr(oAHoj crpauu, KoHcoJII{AoBasu 6u.naHc
ycflexa rpyfie Mar[rrHor npe.ryseha (npe yrusynmama 6uro KaKBHx I,I3Hoca ra A) n 6ulanc
ycnexa npe,qyseha A sa roprny xoja ce 3aBpttlltna 31. aeuen6pa 20X4. he H3DIeAar]I oMKo:
MII
y $000
11.000
(6.500)
fpyho
Ilpr,rxog
ot
npoAaje
Tpouxonu [poAarr,rx
[por,r3BoAa
ao6rr
Tpouronu pacno,qene
{4uruucrparnBHr.r pacxoAu
Epyro
IIpuxoA oA ynararra
npHApp<eHa
y $000
l"i'.
' ,i...' f. ..i
4.000
iiit$i&lfi
i a" t r
(3.000)
4.500
1.000
(1.000)
(s00)
(500)
(200)
npegyseha
,r:.i
-J,
. .-;,1lI_rd
it
t'r.{
. 'tl
,4
;3
15
flI
[o6ur
nocne onope3r{Ba}ba
llpunucyje
3.015
300
1.200)
(60)
1.8
ce:
Mamuscxor'l
1.615
yreurhy
240
200
.815
240
300
60
6.300
950
Apym
l5
noAar{H:
I,Icuaheue
AHBT,IAeHAe
Hepacnopefiesa Ao6rr
20)0:
KAPI.AN PUBLISHING
v $000
'
llpuxot os
npogaje
Tpourxonu
npolarui
l 1.000
(6.s00)
npor,{3BoAa
Epyro 4o6nr
4.500
Tpourxoul,r pacnoAene
Ilpuxot
[o6ur
[o6ur
(s00)
x 240)
60
npe oflope3r,rBa]ba
Tpouronu flope3a
3.060
(1.200)
Ha Ao6urax
flocne onope3uBa]ba
llpunncyje
1.000)
r.860
ce:
1.660
200
r.860
Kperane pBepBH
Hepacnopeftena Ao6ur Ha AaH
,{o6ur 3a roAHHy
I,Icmahese
l. jaHyapa
20X4. roAr,rHe
(lll)
v $000
6.358
1.660
(300)
AHBtTAeHAe
7.718
Ilocrynar
(tII)
y $000
MTI:
6.300
A:25Vo (950
720)
58
6.358
BAXHA
HANO
ME
HA
Tproauxcxe rpaxcaxqtie
ce uory o6aaruarn u usuefy
npe4ysefi a-rnaxoBa rpyne
npilApfi(eHor npegysefi a.
Oae rpaHcaxqnje ce xe
noxuuraaajy, anu yveu:fie
uHBecruTopa y 6uno xaxshi,
HepeanH3oBaHuu 4o6nruua
ce
en14M14H14ue.
Tpronmrcxe rpaucarolnje u/wsu njuosr,r ce Mory Bprrrr{Tr,r l,rsuehy nperyseha - q[aHoBa rpyne
(oprocuo usuefy MarnrHor nperyseha r,r 3aB],rcHor nperyseha) H rrpurppKeHor nperyseha.
llouno npqpyxeHo nperysehe ru,tje xouco.lu,rgoBaHo, cJre[H Aa ce oBe rpaucaxryrje He
nolu,runanajy. Ha npmlep, sajarvr xojn je MarrrrrHo npegysehe Aa,ro npnAppr<enorrl nperysehy he
ocrarn sajau y KoHconuAoBauou 6ruraHcy craru (xao cpeAcrBo). O6anesa xoja ce eBr{AeHrupa y
6wsrutrcy cralba npuAp),xeHor nperyseha he cauo Walbt4TI,I Hcro HMoBrcry (xoja ce eBqeHTr,{pa
rao jegHa rIHOpa yveruhe y Hcro lrMoBHrM - y KoHco[,rAosauor\4 6unaucy crarsa).
-upadpytceaoZ ilpedyeeha
.
.
yJramrba
88
MPI-AN PUBLISHING
PALIVHOBOACTBO
3ajuoou a
ile|y
Kowuailujctcu flutarcu
Craaxa
llocrynax
AEO14H14qr4JE
3aiegxnrxu nogyxaarje
&juosu
yroBopHH cnopasyil Ha
ocHoBy Kor ABe uflu
crpara o6aeruajy
BHUJe
eKoHoMctry
3ajegxnrxa xoxrpona je
yroB0p0M A0r0BopeHa
noAena KoHTpone
eKoHoMcKe aKTHBHoCTH y
xoiuua je 3a AoHouerbe
crpaTeuKHx oAnyKa
HeonxoAHa jegxornacxa
carnacHocT cTpaHa.
5.1 Yeog
o6pavyHanane sajegHuvrux [oAyxBara je perynncano IAS 3l Yqeutha y sajednuurcutv
\odyxeailiaru. V osolt AeJry Klblrre ce 6anuuo cBr,rM acneKTr.rMa ocHM oHutrl rojn ce
oAHoce Ha yK,b) ruBarre saje4uuvKlrx noAyt$ara y KoHconr,rAonaue QnHaucnjcre
nsneurraje, xoje je o6pafieno y clegeheu rouraBJby.
3ajeqHuvrn [oAyxBar je yronopuu cflopa3ry Ha ocHoBy Kor ABe r,rJur Br,ruIe crpaHa
o6awsajy eKoHoMcKy aKrr,rBHocr roja je [peAMer saje4llruxe Kor{rpone. 3aje4Huvra
KoHrpona je yronopotrl AoroBopeHa floAena KoHTpone eKoHoMcKe aKrr,rBHocrH n nocroju
caMo KaAa crpareulKe SuHancnjcxe H nocttoBHe oAnyKe Be3aHe 3a ry aKrr,rBHocr saxrenajy
jegHouacHy canracHocr crpaHa xoje 4ene KoHrpony (oue crpaue cy rro3Hare Kao
yqecHuur,r y sajegHuuroM roAyxBary). Kao u xog 4eQrunqrje sarncHor npegyseha,
KoHTpona
je uoh
aKruBHocrr,r
(uu
.
.
KanHTaJIHIIMAoIIpIIHOCIIMa
opraHH3arlnjou
.
.
o,q.[yKaMa
rroAeJre
Ao6ml
saje4Huvrou rroAyxBary.
Y saje4Hnvxu [oAyxBar r',rory yfur noje4uuqn, opraK;ryrrH Hn[ npeAy3eha. Yo6nvajeuu
npuMep saje4unvxor rroAyxBara je cnyvaj xaAa jeAno npe4ysehe xeJrr,r Aa 3anoqHe
rrocJroBarte y crpaHoj 3eMJbH.
ue 6u rpaAr,rno HoBo npeAy3ehe Hs reMelba, oHo Moxe Aa
yfie y saje4uraqKpr [oAy]Gar ca JroKaJrHoM npe4yseheu xoje neh nocnyje y roj crpaHoj
[a
BHAy
.
.
.
MPLAN PUBLISHING
3ajeAHlqKHKoHTponHcaHa[ocJroBa]La
3ajeAHHrrKHKoHTponucaHacpeAcrBa
89
HANOMEHA
3aiegxurxu KoHrponucaHo
nocrr0Balbe noApa3yMeBa
xopnufierue cpeAcraBa H
Apyrilx pecypca r{ecHhKa y
saje4xnvrou nopBary, a
14
BAXHA
He
ocHHBaibe ogaojeHor
npaBH0r nIqa.
Aa
6r
BAXHA
HANOM EHA
3aiegnurxu KoHrporucaHo
cpeAcrBo noApa3yMeBa
saje4xuvxy xoHrpony
(ur
vecro sajegnuvxo
anacHuunao) f{ecHHKa HaA
cpeAcTBoM AaTHM Kao
AonpuHoc Hflr4 cTeqeHhM 3a
norpe6e saie4xuvxor
noAyxBara,
npegysehe
.(
Ha.nasn craHape
u A ysnr'rajy
BAXHA
HANOMEHA
3aiegnnrxu KoHrpon[caHo
npaEHo
nIqe
noApa3yMeBa
ocHHBarue o,qeoleuor
yreuhe.
HANOM
EHE
V salegxuvxu
K0HTpOnUCaH14M
nocnoBabHMa cBaK[
yuecxux y sajegHuvrou
noAyxBary npueuaje
c0ncTBeHa cpeAcTBa,
fienoxpyr paryHoBoAcrBeHe
eau4euquje 3aB!,rcu oA
KoHKpeTHHX ycn0Ba
saje4unvxor noAyxBam.
CsaKr,I nojegrHavuu fIecHI,IK y sajegunvroM noAyxBary Moxe Aa orBopu paqyH
saje4unvxor noAyxBara y concrreHoj esHAeHqI,Ij[ 3a flpnxoAe I,t pacxoAe ocrBapeHe
AuperoHo Kao Aeo yJrararba (cairao Ha roM pa.ryHy npeAcraBJba H3Hoc norpaxuBaba
r.{Jr}r
cn0pa3yMa.
90
MPI-AN PUBLISHING
PA9VHOBOACTBO TPvnE -
Y cnojuu
.
.
cBaKr,r
2: nOilABIbE
noje4aHavnr yqecHI,IK y
BA)KHA
HAnOMEHA
3ajerrnqru KoHTponl,rcaHo cpeAcrBo Moxe Aa mra sHavajaH yruuaj ua QuHaHcnjcxe
pavyroaogcrae* no.ry*
,I3Be[ITaJe [oJeAHHaqHHx fIecHHKa y 3aJe,(HHHKOM noAyXBaTy.
xoju ce npuueruyje ea
saje4uuuxu KoHrponHcaHo
yqecHI,IK y saje4nuurou
cpeAcrBo cnuvax je oxoue Y cnojr,ru sace6Hut'I Quuancujcruru usneurrajnMa, cBaKH
rpe6a
[pH3Ha
cleAehe:
[oA]4Gary
xojn ce npuueruyje sa
,qa
sajeguuvxr,r KoHTporrIcaHo
o croje yveurhe y sajegHlryrcr KoHrpo[]rcaHoM cpeAcrBy, xlacuSuxoBaHo npeMa
nocnoBabe
neronoj nplrpoAu (Ha nprarrrep nocrpojene u oupeua)
o cBe cTerteHe o6anege
. cBoje yreurhe y CBHM o6asesaN,Ia creqeHI,IM sajeAuo ca ApytHM ) IecHI,IUHMa y
o
o
BAXHE
AeJra npor,r3Boga
raje4uuvKor noAyxBara
HAnoMEHE
s
concraeHe
eer,|4eHqr,lly H npHnpeMa
npuxaeyle
SuHaHclljcxe
uoaeuraje.
l]:1,1ffi:Xfffirrrro,
npaBHoM nuqy ce
|.beroBuM
nprsxaje
concTBeHHM
[pyra cpeAcrBa y
3aMeHy sa arqnje.
tAS3e.
Ca
UaKrbyqaK
Kao u y clyrajy KoHconHAoBasor 6nlaHca crar6a, ocHoBHa npol{eAypa 3a npuflpeMy
KoHconr,rAoBasor 6u.nanca ycnexa je jeguocraono ca6upame 6usruuca yclexa
noje4uHauHux npelysehe y rpynu.
.
.
yteuha.
I
'
rrocJloBarba,
MPLAN PUBLISHING
91
Cn hTHH n
ilTAI-bA 3A
Itt4LlHy
N POBEPY
N
14
JC KO
t4
38 EIIJTABAI-bE
3
4
5
6
Kaxo ce y KoHconuAoBaHoM 6nnaxcy ycnexa o6pafyjy KaMare xa sajuoee yHfrap rpyne? (3.4)
Kaxo ce y IAS 28 4eSuxuue npuApyxeHo npe4ysehe? (4,1
Kaxo ce y IAS 28 4e$uxuue suauajax yruqaj? (4.1)
xorr,l
exrurer?
7
8
N
PAKT]4I.{ HA
ilTAFbA
(4.3)
Ilurarue 1: l-lpegysefia H u C
l-lpegysehe H je crexno 60% o6uqxux axquja npe4ysefia C npe HeKonuKo roAuHa Kafla cy pe3epBe
npegysefia C ugxocune $80.000.
Cyr,tupaxu 6unaxcn ycnexa oBa ABa npe4ysefia sa roAuHy xoja ce 3aBpuuna 30. cenreu6p a 20X7 .
usrnegajy osaxo:
H
y $ooo
Y $ooo
flpuxog o4 npogaje
4,500
1,100
2.320
620
6pyro 4o6ur
2.180
480
Pacxogu
1.400
220
[o6ur
o4 rproBuHe
flpuxog oA ynaraba
780
260_
48
828
260
Ilopes
200
80
628
180
lrlcnnafiexe AuBuAeHAe
80
92
KAPI.AN PUBLISHING
PAqVHOBOACTBO fPynE -
llnrare
2: I|OI-IIABIbE
flaru cy aau cne4ehu cKpafieHu 6unascu ycnexa rpu npegyseha: Mll, Sfl u A,
l-lpegysehe MII je crexno yveuhe oA 80% y npe4ysefiy 3l-l npe HeKort4Ko roAHHa KaAa cy pesepBe
npegyseha 3l] usFrocune $40.000, llpe4ysefie MI] je crexno y.reurhe og25o/o y npe4ysehy A no
qeHu oA $81.200 KaAa cy pe3epBe npegyseha A usxocune $32.000. llpegysehe A je npr,r4pyxeno
MNSNA
y$
y$
y$
flo6ur og rproBuHe
flpuxog o4 ynararua (og A)
2,000
(400.000) (50,000)
flopee
402.000
(70.000)
50.000
70.000
Pesepae
Eunaxc Ha AaH 31J2.X4. roAuHe
130.000
2,000.000
100.000
402.000
50.000
70.000
l4cnnafieue AuBfiAeHAe
(103.000)
(8.000)
2.299.000
180.000
162.000
Tpaxn ce ga:
(a) flpunpeuure KoHcon[AosaHH 6unaHc ycnexa 3a roA]4Hy xoja ce saBpurna 31 .1 2,X5. u useeu:raj
(6)llpuraxereoHeAeroBeKoHconuAoBauor6unaucaycnexaHaflaHSl,l2.X4.roAuHe
ynarabe y npuApyxeHo
NTAI-bA
ncn nTH o
Th NA
N
r,t31,12,X5
npe4ysehe.
(20 noera)
Ilpegysefte J
Eunaucur
t4HBecTuquje,
31.
Ernarcn craba
Ha
Cranua uMoBuHa
Hexperuuue
flocrpojerua u onpeMa
JMNSN
$ y'000 $
1.950
795
y'000
1,250
375
2,745
Vnarara
y'000
y'000
y'000 $
500
285
,,:
1.625
1.500
O6prua cpeAcrBa
3anuxe
llorpaxusarua
[orosuHa
575
330
50
5.200
MPLAN PUBLISHING
265
300
290
120
370
20
710
655
2,335
1.440
93
1.000
BB5
1.885
2.000
1.460
flyropvue o6aeese
llorepga o sajuy ca12o/o
KaMare
Kparxopovxe o6aeese
llpexopaverue y
6auqu
fio6aaruavu
3,460
500
560
680
750
390
1.140
100
350
1.240
300
350
2.335
5.200
300
1.440
fiogarxn noAaqx:
(i)
(ii)
l-lpegysehe J je crexno 600.000 o6uquux axquja y npe4ysehy Ml-l 1. jaxyapa 20\A/9. ro4uue
sa $1.000.000 Karqa cy pe3epBe npegysefia Mll usFrocune $200.000.
Ha 4au cruqatua npe4yseha Mfl, cr.larpano ce 4a je Qep apegxocr tseroBe HeKperHuHe sa
$400,000 Br4ua oA Te BpeAHocrr,r y 6unaxcy craroa MH. Mllje crexno ry HeKperHuHy y
jaxyapy 20V9. ro4uxe, a o6jexar (vuuehu 50% yrynue epegxocru) je roxorr,r nepuo4a og 50
roAuHa aMopr43oBaH xa xa6aexy BpeAHocr.
(iiD
l-lpe4ysefie Mll npouseo4ur KoMnoHeHry xojy xopucre u J u 3l-1. Mll apuu rpaucSepe no
ua6aaxoj BpeAHocrH nnyc 25o/o. J je 4pxano
$1
(iv)
l-lpe4ysefie J je crexno 225.000 o6uqnnx axqraja y npe4ysehy 311 1. janyapa 20X3. ro4r,rxe sa
$500.000 Kafla cy pesepBe npegyseha
3fl
ugxocune $150,000.
Tpaxu ce:
fla uspauyuare
rpyne y KoHconuAoBaxou 6unaucy crarua l-pyne J xa 4ax 31. 4eqeu6pa 20X4. ro4uue, ys ra6eny
KopuroBahba sa (i)
4o
(iii),
(25 noexa)
oAroBoP HA
AK1ilBHOCT
v$
llpuxo4 og npogaje
10.700.000
[o6ur
H pacxoAr4
npe onope3ilBaba
9,630.000
1.070,000
[1opes
500.000
570.000
flpunucyje ce:
(p)
usparyuaro)
540,000
30.000
570,000
94
KAPLAN PUBLISHING
PAqyHOBOACTBO rPvnE -
2:
I-IOFJIABIbE 5
Memopcxa Hanoueua:
flo6ur sa Aaru nepuoA ce cacrojh oA:
$
flo6uru
450.000
Ml'1
90.000
540.000
oAroBoP HA
Hepacnopefiena go6ur y $
AKT14BHOCT 2
MN
3ll
75Yo
x $(400,000
225.000
100,000)
2.525.000
540,000
3,065.000
Mn
2.300
100)
225
.y
Mn ** 2.750
311 75Yo (400
- 100) **
315
** Hepacnopefexa
nperxoAHo 3,065
v$
3n
v$
2.300.000
400,000
450.000
120.000
2.750.000
520.000
MN
Hepacnopef exa 4o6ur npeHera
H3 npeTxoAHor nepuoAa
MPI.AN PUBLISHING
,rrorrn.[
95
nCnnTHU
n PEAM ET : ON HAHC
oAroBoP HA
AhII4BHOCT 3
14
JCKO
38 EtllTABAl-bE
v$
[1puxo4 o4 npo4aje (2.400
800)
3,200.000
2.880.000
320.000
15 + 38)
l-lopes
(1
[o6ur
nocne onope3hBaba
153.000
167.000
flpunncyje ce:
Axquoxapuraa npe4ysefia
Mll
(p)
42.000)
156,500
10,500
167.000
v$
Ml-l (no nuramy) 126.500
3n
75o/o
(42.000
- 2,000)
30.000
156.500
oAroBoP HA
AKThBHOCT 4
v$
flpuxog o4 npogaje (2.400 + 800)
Vrynuu rporuKoBr,r (2,160 + 720)
3,200.000
2.880,000
320,000
153.000
l-lopes
(1
15
38)
167.000
flpunucyje ce:
Axquoxapuua npe4ysefia MII (B)
Maruuxcxou yveu:hy (25o/o x 42,ffi0)
156.500
10.500
167,000
v$
MN
132.500
(60.000)
72.500
MN
3n
96
(42.000
10,000)
24.000
96.500
75Vo
KAPI.AN PUBLISHING
PAI{yHOBOACTBO rPynE
oAroBoP HA
:2:
lIOl-flABIbE 5
AhTI4BHOCT 5
v$
flpuxo4 oA npoAaje $ (1,430.000 + 5112x 600.000)
Tpouxoau npoAarux npou3Boga u pacxoArl
$(1.160,000 + 5112 x504,000)
5112
x 48.000)
1.680.000
1.370.000
310.000
155,000
155.000
flpunncyje ce:
Axquouapuua npe4ysefia Ml-l (p)
150.000
5,000
55.000
v$
Hepacnopefexa 4o6ur ua gat 1, aBrycra 20X3. ro4r,rxe
900,000
150.000
1.050.000
Hanouena: Pesepse npeHere ils nperxoAHor nepuoAa Mory Aa ce cacroje caMo u3 pe3epBu
npe4ysefia Mfl, nouro 3l-l xuje 6uno sasucHo npegysehe ua raj 4au.
oAroBoP HA
ATCI4BHOCT 6
KAPLAN PUBLISHING
97
UCflHTH
98
14
n PEAM ET
Ol4 HAHC
14
JC KO h3BEllJTABAl-bE
KAPLAN PUBLISHING
IlornaBlbe 6
PAI{yHOBOflCTBO rPvnE
CAAPXAJ
NOTIAB.rbA
1. Merogu xoin ce xopncre
3a npunpeMy
KOHCOnHAOBaHXX
Suxaxcuicxux
nsaeuraia
2. Ogpeg6e IFRS xoie ce
oAHOCe Ha
KOHCOnIAOBaHe
Qnxaxcuicxe usneuraie
-3
la KoMeHrapHUIere
pe3ynrare.
flouanrse ce 3aBpuaBa
l-luruean
Ka4a sarpuure oBo rrorJlaube rpe6a Aa Were Aa:
usrcurmje
BAXH E
HANOMEHE
KoHconugoaaHu
$uxaxcujcxr ueaeuraju
npeMa KoHqenry npaBHor
nuqa npegcraaruajy
ie4uxuqe, a ue Ha
nocMaTpabe Hcre Kpo3
nepcnelfiHBy A0MIHaHTHe
rpyne aKqroHapa.
ropuruheuu Apyru MeroAv!, allvt nperrla IFRS 3 caAa ce 3axreBa .(a ce cBe rIocJIoBHe
rou6uuaqnje roucorugyjy ropnuhemeu MeroAa crllqalLa.
Kol .qpyror ilreroAa, xoju rpeuynro pa3Marpa IASB, sarrena ce Aamne 6pyro rsuoca
je
ryABr4rra creqeHor y nocloruoj xoru6rnaquju 3a yAeo MarbI.IHcKHx yreurha. O6pasaoxerre
ro Aa je pyKoBoAcrBo oAroBopHo sa l00Vo cBr,D( Apyrux cpeAcraBa u o6aresa, na sau.no He 6H
6ulo u sa 100% cpeAcraBa ryABHJra, npH rreMy ce yveurhe Marblll{e KrbHxH y }beHy Koptlcr.
Odp avyruoarce soouct
BAXH E
HANOMEHE
ParyxoaogcreeH[ MeroA
yAena ce o6uvxo xopucru
yd
au
3a npilApyx(eHa npegyaefia.
KAPI.AN PUBLISHING
99
BAXH E
HANOMEHE
u3s
ewfraju
iip
eua emcuu'unw
Kor qehfuy
oraj xouqern
HarnauiaBa BnacHl4lJTB0
Ilocroje
npeBacxoAH0 3a aKqu0Hape
Bnacxnqxr KoHqem
MarutrHor npegyaefia.
flae
KoHqenT MaT[{HOr
npegyaefia
MeToA np0nopqH0HanH0r
KOHCOnIAOBa$a.
BAXH E
HANOMEHE
Hexu ruygr,r cuarpajy 4a y
KoMnneKcHr,tM rpynaMa
o6enogaruuaarue gace6xrx
Qn HaHo.rjcxux H3Beunaia
r,r
Aaje paqyHe
Tupa, ce Aa cy y
cnilKy rpyne 0A
K0HConHAoBaH14X
$uHaxcujcxrx ueaeunaja.
MII
100
3II
v$
v$
Cra.nua r{MoBr,rHa
2.200
10.000
Tpouronu yfiararLa
1.800
1.000
1.000
5.000
I 1.000
KAPI.AN PUBLISHING
Axr+.rjcrur Ka[HTaJr
2.000
1.000
Pesepue
3.000
2.000
3ajruorn
8.000
5.000
I 1.000
v$
llpuxot og npolaje
Tpouronu fipoAarux
[por,r3BoAa
3II
y$
4.000
20.000
3.500
18.900
.{o6ur H3 nocJroBarba
fiyronna KaMara
500
[o6nr
500
300
270
160
230
140
00
800
npe onope3r4Barba
llopes
[o6ur
1.1
3a roAHHy
MaruvHo npe4ysehe je crex.no 80% yuewha y 3aBHcHoM npe4ysehy npe qerr.rpn roAHHe
KaAa cy pe3epBe 3aBr,rcHor npegyseha HsHocr,trte $500.
Oso
Axqr.rjcrr
v$
1.500
1.200
Tpouxonu ynararLa
1.800
fylnrn
600
flpynr ropax
ManuHcxo yveurhe HaAaH 31. aeuer'r6pa 20X2. roguue
KOHCOJTITAOBaIba
npaBHOr nuqa:
y$
Hero cpe4crBa 3aBrrcHor npe.ryseha
Ha AaH 31. ,qeqeil,r6pa 20X2. roAHHe
Mamuscxo yreurhe
3.000
20%
600
Tpehn xopar
Pesepne
rpyre
Mll:
v$
l00Vo
3.000
1.200
4.200
MPI.AN PUBLISHING
101
Cn hTH
14 n
Kouconudoearte
IipaouoZ
rcoucoaudooatte*
12.200 2.200
I{MoBt{Ha
fygnun
600
Yveuhe y Hero
HMoBHHr.r 3aBr,rcHor
($1,800 rpoIUKoBH
HaKoH
llpoliop4uouamo
y$
v$
Crarna
Meliiod
auqa y)ua
v$
10.200
600
npeApeha
3.000
2.000
1.000
1.800
14.800
6.200
12.600
KopnurheHn Katrr,rrafl
Axunjcxu KaluraJr
2.000
2.000
2.000
Pesepne
4.200
4.200
4.200
6.200
6.200
6.200
Mamnscxo yreurhe
600
Yrcynan Kanuran
6.800
6.200
6.200
3ajr'lonr,r
8.000
14.800
6.400
6.200
r6.200
Meiiiod
llpoAopr4uonaano
rcoucottudoeatte*
Koucoaudosatw
y$
llpuxol oa
npoaaje
[o6ur
y$
24.000 4.000
22.400 3.500
H3 rrocJroBa]La
1.600
KaMara
(800)
fiyrorana
[o6nr
npe oflope3]rBarba
llopes:
.(o6ur nocne
onope3r,IBarca
flpnnncnno:
Axquouapnua MarHrrHor nperyseha
500
y$
20.000
18.620
1.380
(640)
fi2
800
612
740
430
270
398
370
342
342
342
342
342
342
342
28
342
102
MPLAN PUBLISHING
PAt{YHOBOACTBO TPYflE -
3: nOmABrbE
BAXH E
HANOMEHE
Merog y4ena He Moxe Aa
orxpuje ocxoexa cpeAcrBa
36or rora uro MeroA yAeJra He Moxe Aa orxpnje ocHoBHa cpeAcrBa u o6anese,
rberoBo xopuuheme ce He cMarpa BaITLTAHHM MeroAoM [pHKa3HBar6a paqyHa rpyfie y
sehuHu curyaquja, lr crora ce Koptlcnt caMo Ka,qa ce, I,r3 HeKor pa3Jrora,
KoHcolrr{AoBarbe [paBHor nnrra cMarpa ueogronopajyhur*1. MeroA yAeira ce, MehyrHM,
$r
o6asese u He cMarpa ce
Ban[AHHM MeroAoM
Kopr.rcrr.t
llponopquoxanxI MeroA
xoxconugoaarua uuje y
3a npHAppreHa npe4yseha.
npaBHa flHqa.
y payyHoBoAcrBy
je ApyrH
rpHxBarJbHBH MeroA
BraAerH
racHnje).
basis.
Ilpena IAS 31
Ilpurnep
vrma 40Vo aragja y [paBHoM rr,rrry "Buttercup", Koje saje4Hruru,r
KoHTponmxe HeKoJrHKo WecHHKa y sajegH[{KoM ynararby. OA 31. leuerrl6pa 20X2. roru.rHe
"Blossom" I,rMa 3aJrrD(e y BpeAHocrr.r oA $50.000, a "Buttercup" 3ilruxe y BpeAHocrH oA $20.000.
llpe4ysehe "Blossom"
v$
3aruxe ($50.000 +
x $20.000)
Kopuurhemeu Soprtlara 2, sarfixe y
Blossom 6u 6ute [pr.rKa3aHe oBaKo:
58.000
40Vo
v$
3alnxe: Blossom
50.000
8.000
58.000
AKTIABHOCT
Tpu xa$rxe xounaHmje yna3e y sajeAHhr{Ku noA}4(Bar ga xonajy HaQrHe 6yuoruue y 3eMrbaMa
Cpe4rue Asuje. V ry cBpxy ocHuBajy HoBo npeAy3ehe, "Drilldeep'u cBaKu yqecHHK y 3ajeAHerrrKoM
nogyxeary je BnacHHK no rpehhHe npeAyseha. Caaxu yrecunK uMeHyje ABa AupeKropa sa
qnaHoBe oA6opa oBe KoMnaHuje u npeMa 3aKoHcKoM cnopa3yMy o cBHM
Quxaucujcxuu
nocnoBHrdM nonuruKaMa, oAnyKe ce Mopajy AoHocr4Tr4 je4Hornacxo.
useeurajuua?
Odlooop Ha osy arcutuouoctu taotrceute uahu ua rcpajy Eoilaona
KAPLAN PUBLISHING
103
Cn nTH ul n
EAM ET :
O14
o
o
o
o
c.reAehe IAS:
3l
Yqeruha
IAS 27, 28 n
y
y
iipudpycrceue euluuuletue
sajeduuurcutt Eodyxoaiiiaru
3l cy peBnAlrpaHu
g6or
aJIr.{
rarcler uarofiema.
.
.
ro paslura nsuefy:
$ep BpeAHocrr.r maheHe rraKHaAe (ro jecr Sep rpeguocrr,r eMr,rroBaHux arqnja n
rcnraheHe roroBr,rHe, flnyc AHpeKTur rpouronu); r,r
$ep BpeAHocrH Hero creqeHe HMoBrlHe.
Cnaru Aeo KpeAHrHor 6masca xoju npeocraHe H HaKoH oBe flpoBepe rpe6a oguax
nplr3Harr,r y KoHconprAoBaHoM 6uraucy ycnexa.
O6elogamnuarra nnSopuaur,rja rpe6a Aa 6yAy AoBoJbHa xaxo 6n ce KopncHrrur,rMa
@uHaHcujcrc.rx usneruraja onoryhulo Aa oueHe npHpoAy n QuHaHcnjcru eSexar:
o
.
104
4arpr
KAPLAN PUBLISHING
AKTI/BHOCT
Ha 4au 1. orro6pa 20X7. ro4r,txe, KoMnaHuja "AnQa" je xynr,rna qenoKynHu axqr,ljcxlr Kanuran
xounauuje "OMera" sa $12 uunuoHa y roroBtlHr.
36upxu 6unauc craba oBe 4ae xounaruje Ha AaH 30. cenreu6pa 20X8, rograxe je usrne4ao oaaxo:
'AnSa"
y
Cranna
$000
"Ouera"
y $000
$000 y $000
HMoBHHa
17,130
12,000
13,500
06prxa cpeAcrBa
3anuxe
4.820
3.600
5.600
2.530
[oroeuHa
1.705
10.420
7,835
39.550
21.335
Aquje no $1
17,000
10.000
Hepacnopefexa 4o6ur
10.400
7.500
Kanuran u p$epBe
27.400
Kparxopovxe o6asese
flo6asruavn u Apyra AyroBaba
Pesepalrcarue 3a nope3e Ha npuxoA
17.500
8.560
2,635
770
2.820
1,200
12.150
3,835
39,550
21.335
Tpaxn ce:
BAXH E
HANOMEHE
Y IAS 27 ce lr3flaxy
ga
HeKH
KoHcoJrr,rAoBama
IEO14H14qr4JE
3aarcxo npegysete
npeAy-
Korrpona
uofi ynpaBrbabal
Quuaxo,tjcxonr
r,r
nocnoBHoM
MPLAN PUBLISHING
3:
105
nCIlATHn
n PEAM ET : Oh HAHC
BAXHA
HANOMEHA
Koxrpona ce o6uqHo
TeMerbh Ha noceAoBarby
Apy[H
uoffiN
t4
KoHrpona ce o6uqHo reMeJbH Ha floceAoBarby BI,Iue ol 50Vo tJIacaIIKe MohH, arH r'roryfur
cy H Apyru Br,rroBr KoHrporle. y IAS 27 ce 4ajy joru verupra Apyre cnryauuje y rojnr'.ra
nocrojn KoHTpoJra - KaAa MarI,IrIHo npeAysehe uua:
o
o
cy u
B!4AoBH KoHrporre.
JCKO h3BEttlTABAl-b E
o
o
MOh HaA
'
Blrue
cnopa3w ca ApyIllM
I,lHBecTI{TOpHMa
craryry
Ofrurfru saxiiieo
la
npegyseha.
BAXHA
HANOM EHA
KoHC0nuAoBaHHX
Quxaxculoclx uaaeuraia
H3y3ere cy cauo ogpefena
[4s npunpeue
cy
3ar,rHrepecoBaHa 3a nosnuujy
cy
I,I caMa
MarI,IrIHoM npeaysehy
rppe:
l0% r'rasrscrc
MII je
3[I je raxofe MarHqHo npegysehe, ca ABa 3aBHcHa npegyseha (3[I[Il u 3[III2), anu
rberoB Aeo je r.nacnururBo MarHqHor npe4yseha MfI. Ouo crota Mopa [pH[peMarI'I
jeaaH
KoHcoJrlrAoBaHe
HHCy
106
MPI.AN PUBLISHING
Pailurtufuu
xlacuQnronarn
6p
avyuuea d afrytuu
Hexe xormannje y rpyrm MoXAa uuajy o6pavyncKe AaryMe xoju ce paarr.ucyjy oA Aaryr{a
Y npaxcu, raKBe npe,qpeha qecro npxnpeuajy QrHaHcnjcxe nsneuraje
o6pa.ryHcxor
4o
AaryMa rpyne y cBpxe KoHcoJr,Uorama. llpeua IAS 27 4osno.rreHo je
ropruheme $unaHcujucrx usaeuraja HanpaBJleHrD( 3a rrepuog Ao HeKor Aaryl{a Kojr,r ce
Marr{rrHor npe4yseha.
oo d
Cna npe4yseha y rpy[H rpe6a 4a uuajy ucre par{yHoBoAcrBeHe floJrlrrnKe. Axo jegaH vraH
rpyle KopHcrH pa3[HqHTe paqyHoBoAcrBeHe noJr[Tr{Ke, }beroBr,r QuHaHcnjcnr usneumju
ce uopajy KopHroBarr,r La 6v ce ocrBapr{na AocJreAHocr flpe Hero urro ce xouco.nugyjy.
,[pyia odendabuea,ba
Y uanoueuaMa y3
o
.
o
flEO14H14qr4JE
BAXH E
HANOMEHE
ParyxoaogcreeH[ MeroA
yAena ce o6urHo xopucrr
3a paqyH0BoAcrEeH0
o6yxeararue npilApyxeHux
npe,qyaefi a KoHcon14AoBaHHM
QuHaxcujcxrN usaeurajuua.
fiarpr
H3BerrrraBarba
Aarylvra H3BeurTaBarbS
ol\\Vo
DracaqKe Mohr,r o6es6efyje snavajaH ynaqaj, ocr.{M aKo ce He Moxe jacHo geuoxcrp[parn
ro r*lje raqHo. I,I o6parno, cMarpa ce Aa nnacHurila,r yAeo Mar6H oA 20Vo se
o6es6ehyje suavajan ynrqaj, ocHM aKo ce raKaB yrurqaj ue uoxe jacuo AeMoHcrpr,rparg.
ga
sajegrurvxor'l rroAlDoary.
npegysehe, xn yveuhe y
aaje,ryuvxou no4yxaary.
Ilpngpp<exo npegyeete je
npaano nuqe ua,q xojuu
KoHcoJrr,rAoBaHe
y cruady ca IAS-ou 28
.
o
ce ynaraBe rnacuouryje Kao ynararL xoje ce ApxH 3a npoAajy y cKra.qy ca IFRS 5; utru
c0 MarHqHo npegysehe r,r3y3HMa rag o6asese npfiflpeMe KoHcoJrr,rAoBaHHx paqyHa Ha
je sanucuo npetrysehe y nornyHoM vnr AeIrvMk*tHoM MacHr,lrrrBy
Apyror npe4yseha (nugerra IAS 27).
reMeJby rora Aa
Axo ce yJraralbe xlacu<fnryje Kao ynararbe xoje ce Ap)ra,r 3a flpoAajy ouga rpe6a ga ce
o6pavyuana y cKrraAy ca IFRS 5.
KAPI.AN PUBLISHING
107
Ll
JCKO h 38 EtllTABAl-bE
eJrHM
,\pyZa odeaodabuealba
Y sanoueuaMa y
.
.
KoHcoJrHAoBaHuM
3l
BAXHA
HAN OM EHA
Y IAS 31 ce Aaje r86op
usuefy nponopquoHanHor
KoHConHAoBaba u MeroAa
ru
K0HTpOnUCaHhX npaBHUX
nhqa KoHconuAoBaHuM
xojr
6rnaucou crarua.
ce Ap)rc.r
saje[ll{a{
paEI npoAaje y cua.qy ca trRS 5, on4a oH rpe6a 4a ce o6pa'rynam rpeMa IFRS 5'
3axfueou sa odetodaftuoalbuwa
YqecHr,rx y saje4uuvroM ynararby Mopa Aa o6eroAauu JIHgry KorupaHnx arquja H oltuc
yreruha y sHavajuutr.t sajegHuvruu [oAyxBarnMa, H cpa3Mepy BJIacHHqKor yteuha xoje
Ap)ror y saje4unvrua KoHTponHcaHHM npaBHHM JIHUHMa.
3axruyuax
@nHaHcnjcru usneurajn tpyfle ce Mory [pHKa3arH pa3HHM MeroAaMa, aJIH
najyo6nvajeHujr o6parau je roucolngoBarbe y3 nouoh paqyHoBoAcrBa cruuarba'
Csa 3asr,rcHa nperyseha ce rtlopajy
la
ilTAI-bA 3A
t/L{Hy
NPOBEPY
6rno ueroAa
llo4
-4 [a
108
KAPLAN PUBLISHING
n pAKTt4q HO
n 14 T A l-b E
r,t
' "Ileaa"
Marepujanna craflHa
"flecna'
Y'$ooo
(8.000)
(15,000)
(12.000)
s8.000
39.000
3anuxe
flpyra o6prHa
axqujy
Hepacnopefexa 4o6ur
Paryu nper,ruja xa
$ooo
60,000
10.000
12,000
(9.000)
uMoBuHa
cpeAcrBa
Kparxopovxe o6aeese
Korupaxe norBp4e o aajr,ly
30'000
10.000
18'000
58,000
40.000
9.000
10.000
20'000
5,000
14.000
39.000
Ha gax 31. 4eqeru6pa 20X9. rogr,+re, npe4ysehe "fleBa" je xynuno cee axquie npe4yseha
"[ecHa", Haruarqa 3a KynoBuHy je usuupeHa eMuToBabeM 6 xoerx axqr,tja y npe4ysehy "fleBa" 3a
cBaKHx 5 axqr,rja KynrbeHux y npegysehy "[ecHa", Ha 4ax 31. 4eqeu6pa 20X9' rognxe rpxt4tlJHa
BpeAHocT axqr,lje npegyseha "fleBa" u3Hocuna ie $2,25,
o
.
o
e
Tpaxu ce:
(a)
[a
20X9.
(6)
rogr,rne.
(10 noexa)
Koja ce
Aa ucKibf{H saBucHo npe4ysehe u3 KoHconuAoBa}ba?
o4Hoce Ha u3ysilMatte 3aBucHHx npe4yseha H3 KoHconuAoaama? (10 noexa)
(Yxynno: 20 noexa)
OdZoeope Ha
oAroBop
HA
Xftiffi;5#,
MPLAN PUBLISHING
ola ilutriarca
nocrcetrie uohu
y o\enrcy
9::ff:1,,::,T,:,11::11,:1fl,:?:fT'ITJTT::li:?:l;i'fl.::'lX.TJ,',:fl:f;[
Tff'
-:i::il:illlt:1i:fli::YtrtT::],,fl:"::,.1':'#::::::f11?f::i,1'*';fli
onu:ry KoHTpony. l-lper',ra IAS 31 ceaxu yr{ecHuK y sajeguuvxou nogyxBary rpe6a ga caojuu
KoHcolt4AoBaxull Quxaxcujcxlm usaeurajr,tua o61xaall xol,tnaxujy "Drilldeep" xopttufieruel,t
6uno ueroga nponopquoHanHor KoHconuAoBahba unu Meroga yAena.
nervrajy
109
nCnnTHn
ofqroBoP HA
t4
3BEUJTABA|-bE
KonconngoeaHn 6unaHc craba npeAy3efia "AnSa" Ha AaH 30. cenrervr6pa 20xg. rogure
AhITI4BHOCT 2
v $0oo
Cranxa
v $000
HMoBHHa
30.630
06prna cpeAcrBa
3anuxe
8.420
Kynqu
8,130
l-oroeHxa
1.705
18.255
48.885
Kanuran
pe3epBe
Axqujcxu Kanuran
17,000
Hepacnopefexa 4o6ur
(l-12)
15.900
32.900
Kparxopovxe o6aaeee
[o6aanauu
llpexopa,rerue y 6axqr,r
1.195
770
4.020
15,985
48,885
llocrynax
(m)
v $000
msxoc creqeHux cpeAcraBa ea xojN ce npeuauyje HaKHarqa:
v $000
Tpouxoan ynaraba
12.000
Axqujcxn KanHTan
10,000
- 4,000)
3.500
Buuax
(1.500)
(n2)
v $000
l-lpe4ysefie "AflSa"
flpepysefie "OMera"
Buuax cpeAcraBa
10.400
- caMo reryha
(er,r4err,t
fl1)
roguHa
4,000
1.500
15.900
110
MPLAN PUBLISHING
EI NFORMATIKA d.OS.
8c44
ttiS,irtrrn Cara Konstantbra
llorraBrbe 7
nPHnPEMA r nPE3EHTArll4JA
OHHAHCHJCK]/IX H3BE1IJTAJA
CAAPXAJ
NOTflABJbA
nnorontauuie
1'
folure
2.3axreau us IAS
-1
Quxancujcrnu usneurrajnna
npeAyseha,
3. IAS g
paryronogcraexe Heuojre
IFRS
Llnrueen
5. IFRS 5 Cranxa
HMoaHxa
Ia Were
Aa:
xoiacegpxnaanpogajy
. ,rr^, _-:
r rpecraHaK rrocnoBa]ffi . HaBeAere 3axreBe IAS I rojnua ce perynHure npereHraquja QuuaHcnjcxux usneruraja
. pa3were 3axreBa IAS 8 Pauyuoeodcliieeue uonu[iiuKe, uponeue paayuoeo\cutoeuux
6. unycrparuaHH
$uxancuicxn usaeurain Epoqeua u 1pewKe
7. nprcryn paqyHcKlg o pa3p{eBar6e pasyHoBoAcIBeHID( rpelMaHa y Be3H npecraHKa nocJloBilrba y cKIary ca IFRS 5
nrralbHrla
. npu[peMrre @rauancujcxe usneurmje roju cy y cuaIy ca 3axreBr,rMa IAS I u ApyrHM
pelenaurHuu IFRS.
8. Mana npegyeeta
:
BAXHA
D,1./T\l t,.t
HA
no MEH
:'3H#::li:fl::::1"^'"lJ;"'"f;iH#:::#:IH#';Htr:#f;'"',f::':::J:tr'"'
u uponncyje o6anegse o6pacqe SuHancujcrc.rx usneurraja nonyr oHHx rojn ce npuuenyjy
caaxageurbauua
cBI,rM seMJbaMa
Enponcre
yHr.rje.
c0ncTBeH0 3aK0H0AaBcTB0
ogroeopuouhy.
BAXHA
ilii,'o'fr=
ro
#.TY::: 9:::::::i::::::"*li.l'liill"i:'.':::1"'::::::"::"?::T
'
usaeuraia -' ce
'
IFRS 5.
MPLAN PUBLISHING
111
2 3axresu 13 IAS
BAXHA HANOMEHA
. OuHaucricxu usaeunaju
rpe6a 4a ce jacxo
ngexruSuxyjy.
. Csaxa
KoMnoHeHTa
$uHaxcujcxr.rx usaeu:raja
ugexru$uxyje u rpe6a ga
ce o6yxaare cne,qefie
uu$opuaquje:
Ha3HB npeAy3eha
npe4yseha
.4a nu ie ro iegxo
npegysehe ilnr rpyna
npe4yaeha
HnH
- cre[eH
y naaeunajy
r cTeneH npequ3Hocru.
BAXHA
HANOMEHA
0r,r HaHo4jcKH
r,ta
BeultrH
rpe6a 4a ce noAHoce
Hajuarue jeguou roAHrube.
o
.
p?3Jror s6or
rom je xopl,ruheH
r{H}6eHI,IUy Aa
ylopeAHH
HeKH
H3HOCH Sa 6UnaUC
2.3 EnaroepeMeHocr
BAXHA
HANO M E HA
[peAFeFerF6'aj-AaE
jaBr4
caoje $uxaxcujcxe
usaeunaje qilM ro nocraHe
143BoArbr4B0 HaKoH
AaryMa
6unanca crarua.
BAXHA
HANO M EHA
KoMnneTaH cKyn
$rHaxcrjcxux useeuraja ce
cacroju us:
.6nnaxca ctarua
. 6unaxca ycnexa
. H3BeurTaja xojr npuxaeyje
o
o
o
paqyH0BoAcTBeHHx
nonuTilKa n HanoMeHa ca
o6jaureuua.
mBerrrTaja
roKoBt/tMa
TOTOBHHE
6luaxca yclexa
npoMeHe Ha KanHTany
. ugseulraja o
6luauca grana
e
.
- o6jaulnena.
112
KAPI.AN PUBLISHING
--!.
nPhnPEMA
nOilABrbE 7
BAXHA
V nehuun
HANOMEHA
v
odp.frr
3eMaJ6a,
*h,,.,,*"".,'.*", lfl,xillffi;i,
ce
6unaxcy
tux/ciiiottaux
cra{Ha
cped cdaoa
ra
:?:X'.lx#T"'.ff
o6prxa cpegcrna
KparKoporrHux, Kao
npuxaayjy y ogeojexuu
noauqufaua y
cTalta.
Cpelcrno rpe6a
3A
lACnnT
CABET
l-locrapajre ce Aa
xpurepr,ljyue
pa3yMere
ad
la
xnacuQnxaqrjy cpeAcraBa
unr
cranHr4x.
6uno xao o6prxux
mu
xopl,ruhema,
y poKy oA
.qa
he ce
la
oCABET
ncnnT
cnuvxo roue,
ce
3A
Kaacafiurutpia odaeaa
'
nocrapajre
pa3yMeTe
rcrto rcpadircopouatu
-r'
rao KparxopruHa
o6anesa xa4a:
ruu
rr,
Ilperysehe rpe6a ga
.qa Kracl,rQllKyje cnoje QnHanorjcre o6asege Kao ,4troporrHe,
"ut 3a H3MI,Iperbe y poKy oA 12 ueceryr oA Aarylvra 6ulaHca cralba aKo:
qaK I,I KaIa oHe gocnerajy
o
o
.
BAXHA
HAnOMEHA
llpea crpana 6unaxca.
12 uecequ
ry
ce
craruarpe6a4ao6yxearn
1. HeKperHHHe,.nocrpojermHo[peMa
. craBKU xoie nprxaayly al' ynararba y HeKperlIHHe
pefleBaHrHe rsxoce (ocurr,r 3. HeuareprjalHa HMoBIIHa
aKo
ape,qxocr xrje
4. QuuaHcujcxa cpeAcrBa (ocnu usHooa xoju ce npnxasyjy noA craBKaMa 5, 8 u 9)
Hyna)'
5. ynararra xoja ce o6pauynanajy xopuurherreu MeroAa yAena
6. 6uorourxa cpeAcrBa (ro jecr, xlrBe xr,rBort4tue HIrw 6nnxe)
7. 3ilJrr{xe
KyrrIH H Apyra [orpa6xBa[6a
"8.
toroBlrHa
r.r roroBuHcKl,t eKBLrBirJreHTH
9.
.
MHHuManHu 6poj nrHujcxux
rbt4xoBa
lll
KAPLAN PUBLISHING
llopu ua dofiuiiiarc
113
12. pesepnucaru
13. Qunaucnjcxe
o6asese
Ilper'ra IFRS 5 (pra4eru xauruje) ce, y3 oBo, 3ilffeBa Aa cpeAcrBa uacuQuxonaHa Kao oHa
xoja ce Apxe 3a npo4ajy uopajy rarofie ogrojeuo 4a ce o6elo4amyjy Ha npnoj crpanu
6wtasca crarra.
,(ogarHe runujcxe craBKe, nosut-1uje H yKy[HI,I LI3HocH yHyrap mux rpe6a la ce npuxasyjy
y caMoM 6maHca cralba Ka.[a ce ro 3axreBa npeMa HeKoM IFRS nrrn xa4a je rarna
npesenraquja norpe6na 3a I,IcrpaBHo npHKa3HBaIre Qunaucujcxe nosuqnje npe.qyseha.
BAXHA
HAN OM E HA
fiogarxe nunuicxe craBKe,
noouquie u yKynHu !r3HocH
yHfrap tuux rpe6a ga ce
npuxasyjy xa npaoj crpaHu
6unaxca crarua xa,qa je ro
HeonxoAH0.
BAXHA
HANO
ME
HA
uau
y ruaiioruenuta
Ka,qa ie Heonxogxo,
ua y duaaacy ciiiama
npe,qysefie rpe6a 4a
o6eno4au gane
nogxnacuSrxaqnje
r.r3HocH
6rnaxc crarua.
cxlagy ca flocJroBa]beu
npegyseha
y oKBI{py
pa3nHrII,ITI,Ix
uaca ynlaheHor
Y 6ruaucy
crarsa
BAXHA
HANOM
O 6eaod aruue
la
o6eloAanu c.reAehe
HA
wrry
unt,t
re
rcnace yxrsy'Iyjyfu
u orpaHuqelLa pacno.(efle
[purp]DKeHa npegyseha
yrusy{yjyhu H poKoBe
114
n rynonpoaajHuM yroBopuMa,
LI [I3Hoce
IGPLAN PUBLISHING
n3HOC rJraBHl,ryKrrx Ar,rBl,IAeHAr,r ogo6peuux HaKoH AaTyMa 6l/.lalgrca cTar6a, anH npe
o4o6panarca o6jannunama Qunancujcrux usneuraja, Kao H oAroBapajyhe usHoce no
aqujn
CABET 3A
ucnnT
cy To cra8Ke,
o
.
o
uajrrlame Aa caApxu
HANOMEHA
flo6ur ea ogpefiexy roguny
ce pacnogeryie usuefy
aKqHoHapa MaThqH0r
H MarulrHcrux
')
Ilprxo.[
rpourKoBesrHaHcupaEa
yteruhe y go6rrrur Lr ryoHrluMa [pr,rApyxeHr,rx npeAFeha u saje,quN.nclx [oApGara
o6pa.rynaro xopuurhemeu MeroAa
yAena
nopecKu pacxoA
jeprncroeHr.{ H3Hoc (nn4eru IFRS 5) Koju ce cacroju o4 4o6nm l,trtu
ry6rrra o4
npecTaHKa nocloBalLa IIocJle onope3r{Barba
BAXHA
yciiexa
.
o
npegyaeha
MarbHHcxou
]rJrr,r ry6HTKa:
yreuhy.
BAXHA
HAN OM
HA
l-lpe4ysehe rpe6a 4a
npnKxe, 6uno na npaoj
crpaxr 6unauca ycnexa HnH
y HanoMeHaua 6lrnaxca
ycnexa, aHzrnH3y pacxoAa.
BAXHA
Ilalfiopnaquje tfije ce frpurcasyjy uJtu Ha frpooj cilparuu flutaaca ycilexa ruu y aailoneaaua
llpe4ysehe rpe6a la npuKaxe, 6ruo Ha flpBoj crpaHu 6ulaHca ycrexa Hnr.r y Ha[oMeHaMa
ys 6ulauc ycnexa, aHirlr,r3y rpotrrKoBa ropucrehu uacu@nxaqujy 6uao npertla nilnpo4u
rporxKoBa uu ruuxoooj Qylrrotuju y oKBHpy npegyseha.
IAS I ce noAcrurre yKJbWHBarbe oBe aHarrr,r3e y cagpxaj npBe crpaHe lwta:aca yc[exa,
3arHM ce o6jaurcaoa u rrycrpyje 3Haqelre xopuurherurx repMuHa.
HANOMEHA
Mema
pa3nrqure QyHxquje y
oxeupy npegysefia.
KAPLAN PUBLISHING
rrpEpoAe
pacxola
Ilpuuep uacn$uxaqnje
115
clelehl:
$
x
x
Ilpnxol
Ocraru npuxoAu
llpoueue y 3all,IxaMa toroBe po6e u pary y rory
KopNurhene cilpoBuHe
norpourua
po6a*
*
Tpourxonu HaKHaAa 3alocJleHux (:ragponcrut rpoutxonn)
Ocranu-pacxogr,r
Tpourxonn auoprusaqnje
'$
YrcynHu pacxoAr.r
.(o6nr
Taxas npl,rcryfi uoxe 6urn npI,IKJIa.(aH 3a Malo npoI,I3BoAHo npe4ysehe.
Baxso je pasyruem
TeKCTy..
Mt/HyC
p00eunpor3BoAbeyToKy
rD
KopuuheHe
cr,rpoBl,IHe I,I
l-loqerxa BpeAHocr
3arilxa cupoBuHa
flAYC Ha6aexa
HaTII,IH:
Kp'ajrua Bpe4Hocr
MI4HYC
3aIUXa CUpoBUHa
BAXHA
Merol Syru4tje
HANOMEHA
,{pyra auanu3a ce Ha3[Ba uerol Qynxquje pacxo4a HrH "Tpor.[KoBa rlpoAarl{x npon3Boga"
grcrpu6yquje unn
llpnxorur
aAMHHHCTpaTHBHe
(x)
aKrIBHocT[,
Bpyro go6rr
Ocralu npuxo,qn
Tpouxoru pacnoAene
(x)
(x)
(x)
AguunucrparI,IBHI,I pacxoAu
Ocralu pacxoAu
,(o6rr
116
pacxoAH, o6enoAarresu na
r*,ropajy
Aa ce o6eloAaHe y
nproj crpaHll
HanoMeHI,I:
l(API-AN PUBLISHING
o
o
TpourxoBuaMopu,r3aunje
TpouxoBu
HaKHaAa 3a[ocJIeH[Ix.
Bo,KHL
HAnOMEHA
I,Isneurraj
..:6rrn:,lees:nry]:
_16naxy
cnuu nosnqujaua xoja ce oAHoce Ha Kanr,rrarr H pBepBe IIIro cBe ylqmHo qI,IHH ocHoBHH
Ka[Hril[ npelyseha.
Hoeeunai o npoMeHaua Ha
-:[erarun 3axreBu y IAS I cy Aa rlpeAFehe rpe6a .qa npeseHryje, xao ognojeny
Kanrrany ce o6uqxo
KoMnoHeury cnojux QnHaucnjcxrax usueutraja, nsueuraj xoju nprrasyje:
nprnpe*ri y Qopuu ra6ene H
nplrxaayie Kperalba roKoM
o HOro Ao6vt"t uttu ry6nrar sa raj nepuog
nepnoAa y cBl4M nosuquiaua
xoja ce ogxoce Ha Kanr4Tan H
. cBaKy craBKy flpuxoAa H pacxoAa, roja ce, cxoAHo 3uxreBuMa Apyrffi craHAapAa,
p$epBe uno cBe yKynHo
npusHaje AHpeKTHo y ocHoBHoM Kam.rrarry, Kao H yrqmHe r,I3Hoce oBHx cTaBKr,I
quHl.l 0cH0BHr.r KanHTan
. yKy[Hu eQexar npoMeHa paqyHoBoAcTBeHe rIolIHTI,IKe I,I ucnpaBKy rpeulaKa
npeAy3eha.
np[3Harux
AI,tpeKTHo
AaJbe
oBoM
nouanrsy).
o
r
o
HnH
y H3Beulrajy ulu y
HarIoMeHaMa:
Bulauc
npoMeHaMa Ha Ka[]naJry
je 1ar y IAS
n on
ce
BA)KHA
HAn o M E
Kao anrepuaruaa
HA
sa
Ha
ga npesexryle'niaeurai o
npu3HarHM npHxoAHMa n
pacxoAHila.
uaeeuraj o npoMeHaua
pacxoAnMa
:::iT1Y"T::T3l-:IT:T:I:f'fg'
Ao6uunua n ry6uquua.
Onaj nsneunaj npnxasyje cne Ao6nrre u ry6nrre, 6ulo Aa ce nojarnyjy y 6ulaucy ycrexa
Vstu ue. Onaj usneurraj je orpauuveH na Ao6urxe u ry6rmce sa rexyhy roAI{Hy. [IoqHEe
Ao6rqlrua xoju uncy npr,r3Harr{ y 6ruancy ycflexa (pesafiopugaquoHllM BI,IUIKoBHMa H
uamxonmua), a oHAa npuxasyje uero Ao6ur
uln ry6urax
sa
raj nepuog.
lar y IAS I
IIornaBIby.
KAPLAN PUBLISHING
117
BAXHA
HANO M E HA
HOBqAHHM TOKOBHMA.
Hanouexe ys Quxaxoajcxe
usaeunaje rpe6a,qa
o6eefu4e cee,qo,qarxe
r.rx$opNaqrje HeonxoAHe 3a
cEl
napanenHhM craBKaMa
HanoueHe rpe6a
ycnexa !r uaaeunajy o
floJrr,rruKe
o
o
Ocnony Mepelra (rurn oorone) xoja je ropmllreHa roKoM npmrpeMe $ruraHcnjcrux usreunaja
r,rcnpaBHo
la
CTa[ba 3a
BAXHA
Ilpegysehe rpe6a
la
HANOMEHA
epur o6enogaruHBaba o
perlrcrpoBaHe ranqelapuje)
noxaqujn, aKrHBHocrr4Ma u
cBoM Maru'{HoM npegysefiy.
o
o
BAXHA
HANOM
IAS
E
HA
uajguperrxrjou
peneaaurrourfiy sa
npeseuraqujy Quxaxcujcxux
usaeunaja je IAS 8. 0x
fl poMeHe pa.{yHoBoAfiBeHilx
nonHrltKa
. fl poueHe pavyuoBoAcrBeH[x
npoqeHa
r ilcnpaslry rpeuaKa u3
nperxoAH0r nepH0Aa.
I ce 6asn r,IHorHN{
.
.
.
.
V ne4ocrarry
118
MPLAN PUBLISHING
nPhnPEMA
,or*"**a raro 6n ce
o
.
BAXHA
HANOMEHA
Tpaxexm nocrynaK ca
npoMeHar,ra
paqyHoBoAcrBeHHx
nonnmxa je,qa npoMeHy
- ro jecr yKJbyrr,rnl je y
6u.naHc
BA)KHA
HANOMEHA
ESerru 6uno xaxae
npoMeHe paqyHoBoflcTBeHe
npoqeHe rpe6a ga ce
yKrbyqe y 6unaxc ycnexa sa
.
.
pa3note npoMeHa
xnacuSuxaqujy 6unaHca
ycnexa xoja le xopuufiexa u
sa npao6urxy npoqeHy,
cy:
e
.
.
.
BoKo
rpajana cTalHe
I{MoBHHe
r)
o rrecranocrr,r
MPLAN PUBLISHING
119
BAXHA
HANOM EHA
Marepujanno sxavajxe
rpeuKe h3 npeTxoAHor
neproga rpe6a 4a ce
ucnpaBe peTpocneKrilBH0
KopltroBarbeM n0qeTHor
[pr,rKa3r,rBa]La y
QuHaucujcrc,ru usneurrajuua sa je4au illv BHrue npefioAHr,rx flepuoAa xoje nacmjy xao
pe3yJmar HeycneJror uoryruaja xopnuhema rHqfu prvraquja xoje:
(a)
cy 6wrc AocryrlHe
repr{oAe; v
(6)
xa.qa
can,qa xepacnopefeue
Fere y
sa re.
go6nru y uaaeurajy o
np0MeHaMa Ha KanuTany.
rroJrHTHKa,
I'peurre y reryhervr [epr{oAy, roje cy orKpr,rBeHe y roM flepuoAy, rpe6a HcnpaBr,rru flpe
Hero urro ce o4o6pn o6jaursunane Qr.rHaHclrjcrurx usneurraja. Marepuja.nue rpeuKe H3
nperxoAHor flepnoAa rpe6a ncnpaurru pdrpocneKruBHo:
.
.
.
.
.
nepHoAa
nocrym-U{ xoje rpe6a nourTomrn Kala HeKo npaBHo male npm,remyje Mehynaporore cxaHIapAe SruraHcnjcxor H3BerrrrzrB:llm lto npBr,r nyr y cnojra,r o6jannenml Qmaucr{croru nsneunajnua. Tarco npanuo Jtru1e ce Ha3[Ba rrpaBHo ruate xoje rrpBu flyr npmlerryje
cralrAapAe. [Ipe Hero uno ycnojn IFRS, ro npaBHo nurle Kopucrr,r concrBeHe Har+{oHilftre
craruapAe. Oru ce Hasmajy ormne npnoaheffi pa{yHoBoAcrBeHH npr&xltrM (GAAP).
craHAapAe je npanuo ruqe roje, no npBH ryr
excmNqllTHo
I{ HeorpaHr,rqeHo caon[rrerbe Aa cy ]beroBr{ Qunaucujcxn usneuraju y
4aje
cKJraAy ca IFRS; ru QrHancujcru nsuerurajw ceragLa nasr,rnajy "npnu IFRS QunaHcujcrur
usneurraj[". To sHaqH aa he jeano npaBHo nurle u Aa;re 6um [paBHo rurqe xoje flpBr,r flyr
nprauerryje crauAapAe aKo cy rteroBn rtpefioAHn QlrHaucujcrca rsneurajn 6ntm y cuaAy
ca HeKlIM, urv He ca cBHM saxeh[M IFRS unu aKo cy QuHaucujcru urneunajn y cK,IaAy
ca IFRS pa[eHn caMo 3a r.rHrepHo xopuurheme. IFRS I ce oAHocr,r Ha cBa npaBHa nuua
xoja npuuerryjy IFRS no npBH rryr 3a o6pa.ryucxe neplroAe oq l. janyapa 2004. rolrase
uru racuuje. Ilpanxa Jrrarla ce rtoAcrll.ry 4a ycnoje craHAapAe urro trpe.
fler
I
2
3
4
5
Aarpr
rperracKa ua IFRS.
ry6r.rn<e
IFRS.
npenacKa.
120
MPLAN PUBLISHING
IFRS
(a)
(6)
(u)
(A)
IFRS.
cnu 4o6uqn wu ry1ugu xoju Hacrajy no ycnajany IFRS rpe6a Aa ce npr,r3Hajy Iraperrrro
y Hepacnopeflenoj 4o6rarr. Y uarueu rpr.rMepy roqerHe peepBe Ha AaH l. jauyapa 2004.
roAHHe he ce noHoso HaBecrr,r y cKJraAy ca IFRS.
r.r3y3eraK je nesau 3a rrocJroBHe xou6uHaqnje: aKo creqeHo 3aBr,rcHo npe4ysehe
HeMarepr,rjalno cpeAcrBo xoje Huje npr,r3Haro [perxoAHHM onrrrre npnxnahenuu
paqyHoBoAcrBeHHM craHrapAlrMa, uru je rrpH3Haro npeua IFRS (u.nr o6paruo), ouAa ce
4o6ur (lurn ry6lrrar) y3r,rMa Kao Kopr.rroBarLe ryABHla creqeHor y noclonHoj
xor',r6uuaquju, HaKoH y3HMarba y o6snp eSexara cBaKor oAtroxeHor [ope3a.
Jeprnu
r,rMa
(l)
(2)
Aarfu
je
'
[o6ur
MPLAN PUBLISHING
121
t4
JC
KO t/ 3BE[llTABAl-bE
Ilpumep
JeAno 6prrancro npeAysehe pe6a Aa noAHece Qunancnjcre usneurraje 3a [epHoA Ao 31.
ro npBH nyr oHL{ 1pe6a Aa cy ycKJIateH}I ca IFRS. llocroje nexe
AeUeM6pa 2005. ro4une
craHAapA[IMa
IFRS.
Pewene
HapeAHI,IM
Ao3BoJbeHo.
4.4 l4syseqn
olpaHnqeHe H3y3erKe oA nperxoAHo o6jaunenux npaBuna y curyaqujaua
Ka.qa 6l,t rpotxKOBH lloulroBarba craHAapAa 6la,:nu sehil oA KopHcr[I KOpl,lcHHKa. Ha npuuep:
IFRS
.qossoJbaBa
Axo nuje
paqyHoBoAcrBeHa esrAeHqnja. )
n ry6urxe
Ha
AarW flpenacKa.
flpeua IAS 32 aeo rpHxoAa og xonneprn6unHor Ayna ce xnacur[uryje Kao Kanurul. Axo je
gyr ornlahen Ha AarW flpenacKa 3a KoMrroHeHry KanHraJIa nnje norpe6uo HHKaKBo
KOpHrOMrbe.
Axo 3aBHcHo npegysehe ycBojLI IFRS xacnuje oA rberoBor MarHrIHor npe4yseha, onua
3aBr,rcHo rlpeAy3ehe Moxe BpeAHonarn cooja cpeAcrBa H o6asese 6nao na laryut
corrcrBeHor npenacKa vrfti Ha AaTyN{ npenacKa MarHqHor npegyseha (uro 6u o6}tqHo
6uo raxue).
4.5 PegHMe IFRS 1
o Y npnun Qunaucnjcxutu usneurrajuua ycuafenltu ca IFRS, cne IFRS xoju cy ua
cHa3I{ Ha AaryN{ noAHourerra H3Berlraja rpe6a rrpI,IMeH]ITH Ha IIeo flepnoA sa roju
ce
BprrrH npetneA
122
o
o
E$errr
KAPLAN PUBLISHING
llocroju
(a)
(6)
Osa Hona rpaBr,rna nuajy o'lemyjy nperxoAHa npaBuna ca,qpxaHa y IAS 35, rojlr je
roBfreH us ynorpe6e xaaaje o6jauseH IFRS 5.
llpanl,trta IFRS 5 cy o6jarneHa y qxJby ycxrafunarra uefyHapo4nor paqyHoBoAcrBa ca
GAAP y onltu o6lacrnrvra. IASB je nocnehen uefiyuapoguorrl ycxlafinnarby rAe
je ouo r'loryhe, na je ncxopl,rcrr.ro npHnHKy ga o6janu IFRS 5 xoju ce y nelnrcoj uepu
aMepI,ItIKHM
BAXHA
HAnOMEHA
1l_:l:rl
npogaje, a He KoHr[rHyr{paHoM ynorpe6ou.
xao
o
KrburoBoAcrBeHa BpeAHocry o
ralaehoj Mepu noBparurr4
"cpeAcrBo xoje ce
4pxr sa
rueroaa
KoHrHHyilpaHoM
ynorpe6ou.
he
I'I Aa
uro je
Hanouumeuo:.(a
6ra ce cpeAcrBo
3a
BDKHA
HAnOMEHA
Cranxa cpe4crea xoja ce
Apxe 3a npogajy rpe6a
uepuru noxr,xol ogcnegehe
KrburoBoA-
ABe BpeAHocrr,l:
creeHoj epeguocru nnu
apegxocru yuarueucj
$ep
ea
rporuKoae npoAaje.
ua
o6pavyxaaaHaKoHAaryMa
.
Aruoprueaquja ce
rnacu$rxoeana.
MPLAN PUBLISHING
cne Aox ce cpeAcrBo ne xnacu$uxyje Kao cpeAcrno xoje ce ApxH sa npogajy, rpe6a ce ra
u o6uvso, Ha [pI,IMep y cKna[y ca IAS 16 axo je
HaMe[LeHO fiOrporrr]br.r. Haxou x.nacntfuxona]ba [pr,rMe]Lyje ce IFRS 5.
oAMepaBarl,I y cKrIaAy ca IFRS xao
123
Kaga ce craJrHa HMoBHHa r.nacnSuxyje Kao I,IMoBI,IHa roja ce Apxu 3a npoAajy rpe6a 4a
flpecraHe \acevrfi4 anoprrsyje. Ar'roprusaryrja je rrrepa norpo[trbe xoja nuue nnje
peJreBaHTHa no[ITo he ce ruosltHa npoAaru, a Hehe ce rporrIHTI,I.
Ilpwrep
Maurr,rHy
Pewerue
$16.000
$15.000
$500
$14.500
unxoj
r $14.500
BAXHA
HAnOMEHA
Cpe4craa xoja
9fy::::fce
ce
xnacraQrar<yjy Kao
t,
cpeAcTBa llttycilipadiuenu
, I
uopaly ce npHKa3arh
$$
Craana I,IMoBHHa
6unaxca crarua.
HexperHr,rHe, nocrpojema
u onpeMa
IyqBHn
x
x
x
O6prHa cpeAcrBa
3aruxe
Ilorpomnama
Mauuna ruracu$uronaHa Kao cpeAcrBo
x
x
X
x
Yrcynsa aKrHBa
BAXHA
HAnOMEHA
llpecraxax nocnoBalba
npeAcTaBrba
KoMnoHeHry
npegysefia xoiaje
oryfexa unu je
lrnu
xao
(a)
(6)
npogajyrarcnyraaaiourpu
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(u)
xnacu$nxoaaua
124
ulu
mn oryfeua wm je
reorpaQcxy o6lacr
flocJroBa]ba
rrnuje
KAPI-AN PUBLISHING
(a)
(6)
Ha
cpeAcraBa
.
o
o
noBe3aHr,I pacxoA
nop$a na Ao6Iarax.
BHocrHMa
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KAPI.AN PUBLISHING
One $oprrre usneurraja ce HaJIa3e y yflyrcrBy 3a npHMeHy xoje nparn IAS l. OHe uncy
o6anesHe, alu cy oqurneAHo oA BeJMKe BiIxHocTH 3a Hc[]IT. Tpe6ano 6s Aa ce KopHcTe
ocr,rM aKo ce y nuralby jacuo He rpil{ff HeKx gpyru MeroA fipe3eHraryrje.
125
Iyrslu
20x2. 20x2.
y$
y$
onpeMa
I,IHnecruquje pacnoJroxuBe sa
npogajy
20xt.
v$
v$
x
x
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20xt.
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3aruxe
x
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x
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,{o6anrsavx H Apyra AyroBarba
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Kparxopovna p$epBncarba
x
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Ofipilna cpedciiiea
o
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uoua
roja ce Apxr,r
3a npo4ajy,
cxoAHo IFRS 5.
126
KAPLAN PUBLISHING
Rafrudiu
p$epse
Ha
Emro je ryropoule
Kpafrrcoltoune odaeae
Teryh1r Aeo AyropoquuX nosajuuUa ce uabopl oBAe, ,IJII,I yIIaMTI,Ire Aa oH Moxe Aa ocraHe
r,r y AyropoqHnM o6asesal{a aKo ce lacflyHe ycnoBu [pefioAHo onHcaHH KoA
"Kracu$HKonama o6asesa Kao KparKopoqHl'Ix".
y
AHsHIelrAe xoje cy o6jarneue nocre.(arrya6wrusca crarba Mory Aa ce He npusuajy
To
$unaucnjcxutu nsneurrajuMa I,I TaKo ce sehe nojanwru Kao KparKopo'IHe o6asege.
npeMa
cwabo,
fiuauca
datriytta
houe
IAS
l0
3axreBuMa
rpe6a la ce nonuuyje
,\oZabaiu
rojuua ce rpaxu Aa ce AHBHIerqe, roje cy flpeArloxeHe npe AaTy]y{a 6nnanca crarba ilnu
o6janrseue 3a HcIIJIary nocJle AaryIvIalttru:nca, npnKaxy y Ha[oMeHI'I ys @uHaucrajcxe
usneruraje. fiera.nnu [oAaIIH o IAS
BA)KHA
HAN OM E HA
[locroie gae Sopue 6unaxca
ycnexa.
l0 ce
HiIJIa3e
y c.regeheu flornaBrby.
oarce p acxod
a ilpeua
x-nacu<fr.rryjy npeua
QpxUuju,
1fiyarc4ui u
fpyna XYZ
Eunaxc ycnexa 3a roAuHy roja ce 3aBputma 31. geqeu6pa 20X2. roguxe
20x2.
20x1.
Ilpuxot
v$
x
y$
x
(x)
(x)
Epyro go6nr
x
x
x
x
(x)
(x)
(x)
(x)
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(x)
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npHxoAH
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AAt g,nrucrparHBHu pacxoAl4
Apym pacxoAu
(x)
(x)
(x)
(x)
flpunucuno:
BracHuuuua KanllraJla npegyseha XYZ
Mamuncxoltl yreurhy
(x)
(x)
(x)
(x)
[o6ur
I,I3 nocJloBaba
Tpourxonn Qunaucnparm
MPLAN PUBLISHING
127
20x2.
y$
20X1.
y$
xx
llpuxot
XX
(x)
X
X
(x)
(x)
(x)
(x)
(x)
(x)
(x)
(x)
(x)
(x)
.{o6nr
I,r3 flocJroBarba
BAXHA
HA NOM E HA
[4saeunaj o npoMeHaMa Ha
xannrany 4aje e6upxu
Kperaba
axqujcxor xanrrana u
npHKa3 CBHX
BaHpegue craBKe (ua npnuep, BeJrr,rKe Heyo6uvajeHe craBKe HacraJre r{3 peAoBHHx
aKrl,tBHocru npeayseha) 6n ce uoue yK,byrrHrr,r y rpotrrKoBe npoAarHx rrpor,r3BoAa,
TporrrKoBe aucrpn6yquje r,rJrH aAMr,rHr,rcrpartrBHe pacxoAe, ustu 6u ce MorJre
rrpHKa3aflr ognojeHo na npnoj crpaHr,r
ycnexa. v csHr,,r c.rryrajenuua rpe6a
nocroju H nponparHa HanoMeHa.
'wtasca
Ynautnre
xa4a
la IFRS 5 saxresa
la
,'Jl##ira
llpoueue pa{yHoBoAcrBeHe
rorurue '-t
noJrr,rruKe
v$
X
AlrsHAeH,qe
Ka[Hrarra
X
X
(X)
x
ttpr,r3Haru
Euncr,rje arqujcxor
Y$
(x)
flouonsoHaBeAeHucuqo
X
floseharre tro ocHoBy peBirJrop. HeKperHHHa
Cuarrene no ocHoBy peBarrop. l.runecruqnja
Ao6nr
Y$
(X)
Y$
Y$
(X)
00
xx
X
X
G)
(x)
(x)
(x)
128
t
MPI-AN PUBLISHING
nPilnPEMA
roAnse X
(X)
X
wreeclu.q4ja
Cruamene lro ocHoBypeBaJropusaq4ie HeKpgrruilra
Hero Ao6uulr u ry6uqlr xojr.r
Hr,rcy rrpu3Haru y 6r,uraHcy ycrexa
[o6ur 3a Aar]r repuoA
x
x
Er'rncuje axqnjcxor Kalrurarta
Ca.rao Ha AaH 31. leuervr6pa 20X2. ro.qrne X
X
Cauo
fi)
(X)
x
x
(x)
(X)
(x)
(x)
x
x
(X)
0O
Haiiouene
Ilpro
- penaropusaquje
- yKy[aH H3Hoc Hero Ao6urara n qEnraxa rojn Hncy npr,r3Har]r y 6nraucy
- .qo6ur 3a Aarr,r nepnoA
- AHBI,IAEHAE
- euucuje HIH peAyKoBarm axqujcxor KanHTaJra
ycflexa
20xt.
v$
Iloueharre/(cuamene) no ocHoBy peBaJroprcaryde HeKpsrHr&ra (X)
Cuaneme/(noneharre) no ocHoBy penaropusarryrje
,(o6ur
3a Aarlr
uexpumma (X)
Kaflr,rrarry
flepuoA
pacxoA
Etlerru npoMeHa pauyuoBoAcrBeHe nonr,rrr,rKe
y$
X
G)
x
(X)
flperxognn
Beruroj
I,I
MPLAN PUBLISHING
129
uCnuTHU
n P EAM ET
: Oh HAHC
JCKO h 38 EIIJTABAI-b E
IpxHTe
pa3M[cflhTeuoToMeAa
npo6are u Apyru.
MeroAr,rqaH flpucryn
nyHo npocropa ocraBr,rre, Ha npr,rMep, tryHy crpaHy sa 6[ranc craba, joru je4Hy sa
6urauc ycnexa, a rpehy 3a Ha[oMeHe u nparehe usneunaje nonyr HanoMeHe y xojoj here
AeriubHo onucaru npoMeHe crilJrHl,rx cpeAcrBa u nsneuraj o [poMeHaMa Ha KanHTaJry.
AKT]4BHOCT
y$
v$
200.000
61,000
60.000
roAuHe
200.000
76.000
l'locrpojerua u onpeMa:
Ha6asHa BpeAHocr Ha noqerKy roAilHe
80,000
30.000
10.000
170.000
160.000
llorpaxuaarua
100.000
flaru aaaucu
80.000
Xupo pavyx
90.000
u3MeHaMa ycneA
eQeKara
111.000
12.000
720.000
720.000
Vraplyjere 4a:
(1)
(2)
B)
(4)
$1
ocreapueoj BpeAHocn4,
(5)
0g
rpaxn
eac ce
130
KAPI.AN PUBLISHING
nPnnPEMA
AKTI/]BHOCT 2
Eao
l/ssog Ns nficre caflAa npegyeeha "Production Limited" ua gau 30. cenreu6pa 20X3, ro4uue je gar:
y$
flpuxog oA npoAaje
y$
900.000
3anuxe:
Cupoeuxe
40,000
flpousao4rua y roxy
70.000
l-oroeH npoH3BoAr4
60.000
Ha6aexa cilpoBilHa
300.000
flnare sa npou3BoAr-by
200.000
80.000
100.000
3axyn xauqenapuja
20.000
30.000
llpouseo4rua y roxy
62,000
[oroslt
80.000
npou3BoAr4
flpunpeuure 6unauc ycnexa npepyseha sa roAilHy Koja ce saBpuuna 30. cenreu6pa 20X3. roguxe:
(a)
(6)
8 Mana npegy3efia
8.1 Yaog
Y npuHquny, y IFRS ce He npaBn pa3JrHKa usrtrefiy BeJr[K]rx H MrrJrHx npe4yseha. Ha
BAXHA
HAN OM
HA
V npuxquny, y IFRS ce xe
npaau paenuxa usuefy
BeflhKt4x t4 Man[x
npe4yaeha. Ha npuuep,
3axTeBH 3a
$uxaxcujcxe ueaeu:raje sa
o6jaaruuaarue.
BeJrHqHHr,r.
la 6yle crneu
Mefiyruu,
janHe
a He BeJI[rtHHa.
MHHHMH3Hpame
MPLAN PUBLISHING
131
UCr|]4THU n
9rnu
BAXHA
HANOMEHA
3axreeH paqyHoBoAcrBeHHx
3aAoBoJbe
craHAapAa cy ocM14r.urbeHI
uxSopuaqujaua
BnacHHKa
BenHKilx npe4yaefia,
oAHocH0, eKcrepHux
uHBecrt4r0pa.
paqyHoBoAcTBeHo 3Halbe.
paqyH0BoAcTBeHHM
cTaHAapAHMa, UpeneBaHTHa
3a Mana npe4yeefia,
Ony reuy IASB pasrrrarpa seh Hexo BpeMe, a [ororoBo KoMeHrape 4a je nocrojehu
KoMrrJrer IFRS npennure KoMrrJrlrKoBaH 3a MHora Mana flpeApeha, raxo Aa'rporxKoBr,I
rrpuMeHe IFRS trrory
6rnr
HecpasMepHr{ KopHcrHMa.
r
o
uala npegyseha
u cpeAlba npeayseha tpe6a ga leQruuure gouahe
ropraurherrerrl IFRS
o
o
r,r cpeArba
la
npr,r3HaBarba H Meperba
.
r
[paBHa ruUa rpe6a 4a ycnoje IFRS y qenuuu lrnn IASB craHAapAe 3a Marra u cpeArM
npe4yseha y uenlrHu; He Mory Aa 6npajy noje4nHavue craHAapAe
IASB ovexyje la he Haqpr 3a H3Jrarabe craHAapla IASB sa MaJra H cpeArba npeuyseha
6nru QuHalr.r3r,rpaH roKoM 2007. roarse a craHAapAr,r o6jamenu y 2008. roAr,rHr,r.
3arruyrar
Ono je jaxo 6urno [orJraBJbe roje saxrena o6ur',rHo flpoyrraBa]te. Tpe6a osnagar]r rpuMa
ue[yco6Ho
.
.
noBe3aHr,rM eJIeMeHTHMa:
3axTeBr.rMa AeTarbHor
y [paKcH,
:Inr,r BepoBarHo
je Aa he
6uru na ncnuruua)
132
l.
KAPI.AN PUBLISHING
nfTAFbA 3A
nilqHv
npOBEpy
1
2
3
4
5
6
7
8
9
10
UlraqHHuKoMnneraHcKynSnxaxcujcxuxH3Beuraja?
(2.4)
KoiuKpurepujyMiloApebyiyAanHcpe4crearpe6axnacu0uxoaaruKaoo6prHa?(2,5)
Koju xpr,rrepr,rjyrvrur ogpefyjy ga nil odaeege rpe6a 4a ce xnacu$uxyjy Kao KparKopovxe? (2,5)
tlJra je MHHHMW ux{ropuaquja xoje rpe6a npuKa3aru xa npaoj crpaHu 6unaxca ycnexa? (2.6)
npo4ajf
(5,2)
nocnosaba? (5.6,5,7)
hTAl-bA
ncnrTHor
n
Til NA
l-lpe4ysefie "Slamometer Limited", xoj,e nocnyje seh Mxoro roAhHa, uua ogo6pexu u eMHToBaHil
Kanr4Tan
$1, o4 xojux cy cBe y nomyHocru ynnahere n xeanuSur<yjy ce xao aqujcxur Kanuran. Taxole je rcAano
norBpAe o sajuy ua $20,000 ys S16 xauare xoje ce uory orqauTu xa gar 31, 4eqeu6pa 20X9. ro4uxe.
it, ,.pr.
20X4. ro4r,rxe:
y$
y$
71.570
flo6ur us nocroBaba
llpurtrrueua KaMara
910
72.480
Yuarueuo sa: Kauary Ha norBpAe o sajuy
1.800
870
2.670
69.810
)
(2)
(1
HaKoH
yMatsetta sa:
v$
152.571
Tpou:xoeu 4ucrpu6yquje
Cupoauxe
366,238
159.302
98.789
4.000
r,r
6npe
rr,re
2.300
3axyn xauqenapuje
Haxxa4e pyKoBoAcrBa
91.100
,
Haxuage peBil3opa
llpaaxr il
(3)
MPLAN PUBLISHING
7.300
paqyHoBocrBeHu rpoluKoBt4
1.500
620
1,310
133
Cn hTH
1,1
n P EAM
ET :
Ol4 HAHC
t4
JC KO rl3BE
(4)
(:)
lllTABAl-bE
' fluauAeuga
je
axquje
(6)
ucnnaheua.
)/$
Pavyu npeuuje xa axqujy
ftl
(8)
6.100
40.000
Hepacnopefeua go6ur
51.700
Kanrran o6uqxux axquja og $140.000 yKrby.{yje 15.000 arqraja eMuroBaHux yjyxy 20X3.
roAuHe no npeuuju o4 no 0,30$,
fluperropn cy npeHenn $10.000
nocrpojerua
npeAnoxunl
(9)
v$
[ocnogux X, reuepannu AupeKrop
63.500
15.300
12.300
Qoprur,t
o,qroBoP HA
AKTMBHOCT
y odenrcy OdZoeopu ua
rcpojy rcruuZe
lgnocu ce Ha
HanoMeHe
y$
J4l,rosfixa
Cranxa cpeAcrBa
Herperuuue, nocrpojema h onpeMa
O6prua cpeAcrBa
3anuxe
Kynqu
flaru
aaaHcur
ForoeuHa y 6axqu
157.760
160.000
100,000
80,000
90,000
430.00
5SZ760
Vrynua cpeAcrBa
Kanuran u o6aeege
Kanuran H pe3epBe
Axqujcxu Kanilran
200,000
157.760
Hepacnopefiexa 4o6ur
357.760
flyropovxe o6aeese
norBpAe o sajuy ca 6% rauare
Kparxopovue o6aeese
50.000
170.000
10.000
180.000
Vxynan Kan[Tan
134
r,r
o6aeeie
587.760
MPLAN PUBLISHING
Axquicxu Hepacnope$eua
KanuTan
v$
Yxynno
go6ur
}/$
}/$
200.000
157.760
357,760
(a)
(6)
$uuarcujcxor u3BeulraBaba.
Aruoprusaquja
(i) 3axynruexa $a6puxa
2oA
sa ua6aaxy BpeAHocr.
'
(q)
3anuxe
ocraapusoj BpeAHocrH,
Marepnjanna uMoBr{Ha
Saxynneua l1ocrpojena
HeKperHuHa
y$
Ha6aexa BpeAHocr:
1. anpuna 20X4, ro4une
Ilosehara
onpeMa
y$
Yxynuo
v$
Offierua
(16.000)
(16.000)
20.000
74,000
274.000
Axyuynupaua auoprusaqnja:
1. anpuna 20X4. roguxe
Enuuuxucaxo ycne4 oryferua
76,000
30.000
106.000
(3,200)
(3.200)
4.000
9.440
13.440
80.000
36,240
116.240
O6pavyuaro sa roguxy
(l-11)
120.000
37.760
157.760
124.000
50,000
174.000
Axqujcxn Kanurarr
Ogo6pexr,r axqujcxu Kanurafl ce cacroju o4 250.000 axquja og no $1, o4 xojux je 200,000
eM[ToBaHo u y nornyHocru nnafieuo.
llorepge o sajuy
Ilorap4a o eajury ca 6% xauare cy o6esaefeHe xunoreKoM ua Sa6puxy.
KAPI.AN PUBLISHING
135
llocryn4n
(nl)
$$
Amoprusaquja
Saxynrueua Qa6puxa 2% oA $200,000
4,000
flocrpojema h onpeMa
flpeuoc Hero Kb[roBoAcrBeHe BpeAHocl4
50 000
Iloeehatsa
10,000
Oryferue
(12.800)
Auoprusaquja 20%
47.200 = 9.440
13,440
(n2)
Oryfiene nocrpojerua
[1pnxo4n
12.000
Ha6aeHa BpeAHocr
16.000
Vuaruesa: 3a auoprusaqujy
3.200
12.800
.
(l'13)
[o6nr
800
111.000
Vuameuo: 3a auoprusaqujy
13,440
800
14.240
96.760
oAroBoP HA
AKTTBHOCT 2
v$
flpuxog
900.000
578.000
6pyro 4o6ur
A4uuuucrparfi BHil pacxoAr4 (nocrynax)
322.000
flo6ur
202,000
120.000
llocrynax
Tpowxoau
Agunnncrparuaun
np0wB0Aa
TpouKoBu
Anoxaquja rporxKoBa
np0AaTux
v$
Cupoauue
l-lpusao4rua y
}/$
40.000
roxy
70.000
l-oroaunpolseo4u 60.000
Cupoauue
300.000
flnare y npou3BoArbr,l
200,000
80.000
100.000
3axyn xaxqenapuje
Kpajrua BpeAHocr safluxa:
20.000
Cupoauxe
Pa,q y
roxy
(30.000)
(62.000)
578.000
136
120.000
KAPI.AN PUBLISHING
(6)
y$
l-lpuxo4
llporuexe y 3anuxaMa roroBr4x npohsBoAa u npousBoArbe y roxy
0nuru
y$
900.000
(l-12)
rpouJKoBr4 npou3BoAbe
3aryn xaxqenapuja
(ll1)
12.000
310.000
80.000
300.000
20.000
(710.000)
202.000
flo6nr
flocrynqu
(n1)
flpomexe y 3anuxama
)/$
l-oros[ npou3Bogu
80,000
flpousao4rua y roxy
62,000
[oroeu
npou3BoAta
flponeeogrua y
rory
Ilopacr
(n2)
(60.000)
(70.000)
12.000
Cupoaune
40.000
Kynoauxe
300.000
(30.000)
310.000
IGPI.AN PUBLISHING
137
138
MPLAN PUBLISHING
llornaBrbe
El INFORIIIATII(A d.o'o'
OLIHAHCI/IJCK]/IX H3BETUTAJA
CAA PXAJ
NOTNABJbA
r**
6nninia
crarua
AaryMa
2. IAS 12 llopea ua
l.lAS
l0A."t.lr,
o6aBe3a)
onou o6Pa[Yjeuo:
o
o
o
Ha npoMeT
4. IAS 37
3. O6parynaaalbe nop$a
pesepaucana,
-2
norexqnianxe o6asese
norexqujanra r,rMoBHHa AoAary BpeAHocr
Llnneau
Kaga sanpurme oBo nouraBJbe rpe6a Aa Were Aa:
.
r
IEot4HNLlt4JA
florafain nocne
AaryMa
6unaxca cra]6a cy
H
19j1'^T.T:^i.TTl1T.:J.:llpu"
SuHaucrajcrolll Hsneurajr,rMa.
pe3epBHcarba
u noteHqujarHe o6anese v
oHH
noBorbH[ 14
HenoBo,bHur, xojr Hacrajy
4orafiajn,
eBr,rAeHTr,rpaTe
craba
np#o.*urro aa.1, xpaj rosnue sa jerHo npesysehe 31. reqeru6ap 20X7. rosnHe, a
graHang,rjcxurx
ogo6panajy $uuancujcxe usneruraje Ha cacraHKy ol6opa xoju ce ogpxaaa 22.
Allpemoplt
o4o6paaarua
uaeeurajaeao6jaarunaarue. rrlapra 20X8. toALIHe. O4pe[eHu aorafaju xojn ce 4eruanajy y r'refyapeueHy npyxajy
[oAarKe xojn nottaxy y npHnpeMH Qnnaucujcrurx nsneurmja:
ffiH:t]
fiaryru
||Ig',.T#ffi,
ogo6paoana
r *!
sa o6iaaruuaaue le
xa xojr.r og6op
-+-: --:
.(orafajIt flocne Aary[Ia 6u.nauca cralra cy I,t noBoJbHH I,I He[oBoJbHn ,uorafaju roju Hacrajy
y flepuoAy nsrtlefy AarFvIa 6nnauca cralba I,t Aarwa ogo6panarra $uuaHcnjcxNx
$opruanxo ycaojr,r
usreruraja sa o6jaursltname.
Qunancuicxuxusaeuraja
4aryu
guper,ropi
cxyn
AoKyMeHaTa Kao
Quuaxcujcxe
usaeuraje.
BAXHA
HAnOMEHA
fiorafiaju nocne
HeKopeKrlrBHlr.
BAXHA
Ha
cratte roje je
HANOMEHA
rpal(e KopHroBabe
sr,'xaxculcxtrt't
usaeurajuua
y
yKonrKo cy
Hexopexrneae gorafaie
rpe6a o6eno4ar^,
HanoMeHu
ToJTHKLT
O;;;;;;j.*i
Y HanoueHn rpe6a
nnt
uarepujarxo sxavajxu.
MPLAN PUBLISHING
139
UCnHTH
BAXHA
HANOMEHA
V cxna,qy ca IAS 10
(peaugupaxr.tu), npeAnoxeHe
unn o6jaaruexe,qHBlAeHAe
Ha rnaBH[qKe hHcrpyMelrTe
EHUe xe uory
hasHa
npoMeHa
Aa Ar,rBHLeHAe Ha r,rHcrpryeHre
Ka[I,triIJIa, flpeAnoxeHe npe iurH o6janbeHe flocne AaryN{a
cra}La Br.rue He Mory
6urn euu4errrHpaHe Kao o6aB*e Ha Aaryrvr 6manca cralba.'vnailca
O6asesa Hacraje Ha AaH
craba
.2 flpegnoxeHe,q]rBnAeHAe
6uru
BAXHA
Onn gorahajn npyxajy AoAarHe AoKa3e o crarLy xoje nocrojr,r Ha AarW lnta:aca craha.
Ha npuuep, cflopHa H cW]bHBa norpoto,rBalra xoja ce jan.rsajy jegan u.ru ABa Meceua
flocne AaryMa6stasca cralLa Mory noMohfi rrpHnHKoM oApehHsarra H3Hoca pe3epBr,rca[ba
3a crropHo r{ cW}bHBo norpiDKHBarre Ha Aaryt{ 6utaruca crarba. Taruu gorahaju uory,
HAN OM E HA
llpuuepu crasru xa xoje yruvy
xoperru aHu,qoraftjur cy:
AaKJre,
pe3epBHca$a 3a 3anhxe
yrurrarr Ha r,r3Hoc y
cnopHa h cyMrbuBa
noTpat(HBatba
npilMlbeHu unH
noTpiDr(HBaHu H3HOCe
Be3H Ca 3aXTeBHMa 3a
HaKHaey n0 ocHoBy
ocHryparba
oTKpuBalte KpltMhHafl
paAtbu
14rrH
HHx
rpeuaKa.
BAXHA
HANO M E HA
flpnuepu HeKopeKmBHr4x
gorafaja nocne AaryMa
6unaxca crarua cy:
.
.
BaxHa nocnoBHa
xou6uxaquja
AaTFyIa
yHHUTaBafbe BenuKot
npou3BoAHor nocrpojerua y
noxapy
.
.
6uasCa
CTarba:
rpupoAy gorafaja
flporleHy rberoBor @uHaucr,rjcxor eQercra, HnrI caonrlrrerLe Aa TaKBy npoueHy nuje
uoryhe H3BptxHrH.
a6xopuanxo aenuxe
np0MeHe qeHa cpeAcTaBa
Crege npruepr.r HeKopeKrnnHnx gorafiaja nocre AaryMa ltlrtra:aca crama xojn Mory r.rMarH
raxan snavaj ga 6r.r l,rsocrauax o6eno4arbHBarba yruqao Ha cnoco6uocr KopHcHHKa
QuHaHclrjcrNx usueruraja Aa r,r3Bpure HcnpaBHe oueHe H AoHecy Hc[paBHe oAryKe:
.
o
.
6ruaHca cTama
a6HopManHo Belr,rKe npoMeHe rleHa cpeAcraBa Hrrr4 AeBu3Hr,rx KypceBa nocne AaryMa
6wtasca crarba.
AKTIABHOCT
140
MPI.AN PUBLISHING
2.1 Yeog
HANOMEHA
cy'xnacuqxu
cHcreM'u 'crcteu
uunyraquje'.
ll
qo seruse. fina
"cucreM u*rnyraquje". Ilocroje n napnjaquje ona
o.q 3eMJbe
BAXHA
HANOMEHA
V xnacrqxom cncrelry ce
onopeayje go6ur npegyseha
il nopes ce y 6unaury ycnexa
jasrua xao og6urax og
Ayryje
llorpaxyje
Ka.qa ce Ar,rBr.rIeHAa
ucuahyje:
Ayryie ArasHAeHAe
\
Ilorpaxyje lorosuHa )
cu
,.ro
H3HocoM
Ayryje
ArsuAeule
Ilorpaxyje
lorosuHa
BAXHA
V crcreuy umnyraquje
Apyrnr,r per{HMa, je4au geo flopesa rojn uaha npelysehe ce npeHocr,r r,uru "HMnyrupa" Ha
AI,IBHAeHIy. Y osol'{ crrcreMy ce oA [peApeha .recro rpax]r Aa rrcn rarr,r KoHa{Hy flopecKy
o6anesy y BpeMe xaga ucnrahyje 4unu4eugy. Aaryr'r Aocneha o6anese ruaharra osor
HANOMEHA
4o6nru, cMarpa ce Aa ce
jegxuu genou nopesa xoju je
npegyeehe nnaruno Ha
re
y qenocrH aKqHoHapcKe
rrop$a ce pasruqje oA
3eMJbe
Ao 3eMJ6e.
llpnuep
Jequo npe4rsehe csaxe roAr,rHe cacraBJra Srnancujcxe usneunaje 3a nepuoA lo 31. leueu6pa.
loAuue xoja ce 3aBpurura 31. leueu6pa 20X7. nerosa,qo6lrr je r,r3HocnJra $2.000.000.
Toxou re
roAr.rHe oHo
je
l,tcflJrarr,rJro AHBr,rreHAy
npe4yseha
HMtryrupa ce
KAPLAN PUBLISHING
oa $400.000.
aKqr.roHapnMa
30%
20%
141
AlrBr,IAeHAa.
ouaj
y$
,{o6ur rpe onpesl.rBarba
Tpouronu nope3a Ha Ao6rr (30% x
,{o6nr
2'000.000
$2,000,000)
1.400.000
3a AarH nepHoA
Ha KantIrarry ce upurasyje:
Y lrsnerurajy o npoMeHaMa
HcuaheHa
600'000
AI,IBHTeHAa
400.000
o6auesy:
- $100.000)
500.000
rpegut''.
H3
uleAa oBaxo
y$
y$
400.000
Ayryje
Ha xpajy repuoAa
llorpaxyje forosuHa
KaA ce o6pavyHanajy
Ayryje
PacxoA
100.000
ropecKu TpotxKoBI'I:
rop*a
Ilorpaxyje
Ha Ao6urax 600.000
O6asesa
rop$a ua
Ao6urar
600.000
Ayryje
142
O6anesa ropesil ua
Ao6rrax
500.000
Ilorpaxyje foronnHa
500.000
KAPLAN PUBLISHING
Ynaurrre 4a cy rcuaheHe
BAXHA
HANOMEHA
V
tr,tXOfUU
3eMIlaMa
V uuornu
Ce
cuarpa ga je,quBuAeHAa
xojy ie4Ho npegysehe npuun
oA Apyror Befi onope3oBaHa
u crora oHa Huje onopearea
aa npegyaehe npHMaoqa.
llpuuep
Ilpetysehe A nua lo6rr oA $500.000 vrjm je 30Vo oflopewno. Taxofe je npm'runo
ArrBlrAerile y H3Hocy oA $20.000 oI Apyror npelyseha roje je penrcrpoBaHo y ncroj
Ar,rBr,rAeHAy
3eMJbr.r.
Ar.rBr,rreHAy:
v$
20/80 x $200.000 ucuahena AuBr,rAerua
50.000
yMarbeHa 3a:
5.000
AHBr,rAeHAe
45.000
KaAa Aocne nopes Ha go6urar, caruo he 6urn:
30Vo ot^ $500.000
150.000
45.000
105.000
BAXHA
V xexuu 3eMrbaMa, npaKca
je ga ce npuMrbeHe
Ar4BuAeHAe
Y Hepru
HANOMEHA
npuxaxy y 6pyro
Haqaaax npnuepa
o4xocu npuxaayje ce y
9ilcro
Ayryje
nopecKuM TporxK0BHMa.
Ilorpaxyje
o
$s.000
go6urar $5.000
+ $5.000 nopecKn KpeAr.rr : $25.000) Hnje
O6asesa rope3a Ha
flopecru KpeA[T
nopes
rojr
rpe6a ruarnru:
?.]rlr4
yrehana,4troBHr,I canAo.
Ilpeua roMe
AKTI4BHOCT
[pr,rMJbeHa.u{Br,rAerl4a jerorocrasHo
flpe nnahama KoHaqHe AuBuAeHAe aKquoHapuMa y yKynHoM t43Hocy oA $23.700, je4uo npe4ysehe
npuMa AilBuAeHAy y roroBr4Hr4 y l43Hocy oA $7.500.
Konuxu je usuoc nopesa Koju ce nnaha yuanpeg? (llpernocraBure cilcreM uMnfraquje ca
nopecKoM cronoM 20/80.)
OdZoeop Ha oey arciiiueuocil troyrceure
MPLAN PUBLISHING
143
HCn hTH t4 n
38 EIXTABAI-bE
BAXHA
HANO M E HA
Je4uo npegy3ehe Moxe Aa 3a rropecKy yfipaBy o6anrsa ynory areHTa Harurare nopma Ha
KaMaTy.
llopes ce oA6xja oA rtflaheHe KaMare, Hero H3Hoc ce. nlaha 3ajMoAaBqy a H3Hoc
rrope3a nopecxoj ynpaBr,r. TaqHo ypefeme nlahana ce paennxyje oA 3eMJbe Ao
3eMJ6e.
l,tTA.
llpuunena Kauara
Y rarnou [opecKoM pexuMy, npe4ysehe xoja npuua KaMary ua sajau, npuuuheje y usHocy
ol xorje oa6ujeH nopes rojn npe,rysehe xoje nnaha KaMary oa6uja npu o6pauyny.
beyje
v$
BAXHA
HANO M E HA
Axo jegxo npeAy3efie npuMa
oAy3er
Ha H3Bopy npHxoAa
flpegysehe BepoBarHo r{Ma flpaBo nonpahaja nopesa. fluojno K]bm(erbe rpe6a 4a rpHKDKe
r,r3Hoc ropuuhemeu nopecKor paqyHa:
ys
Iyzyje
Ilofipacryje
Ilpuuneua KaMara
eBr,rAeHTHpa
Ilnahena Kauara
BA)(HA
v$
Ilopecxu pa.rylr
oA nopecKe ynpaBe,
HANOM EHA
6pyro npurrureHr,r
v$
Ha sajau
Axo npmtrseHa KaMara rrpeMauru nnaheny KaMary, BHuraK ce rperr,rparu Kao aBaHcHo
nnahame nopecKe o6anege Ha Ao6nr npe4yseha.
llpnuep
v$
Ilpr,rurseua KaMara ua sajau
(6pno)
28.000
(6pyro)
48.000
oBaKo:
y$
v$
PavyH uaheHe KaMare
5.600
Curao ayryje/norpaxyje
4.000
(20% x $48,000)
9.600
144
9.600
9.600
KAPLAN PUBLISHING
3axnytax
CABETl4 3A
ncnuT
y nlfrarbuMa y uc-
HgBeuTaBa& 6u pe6ano aa
ce gaiy nogaqu o nopecKoM
cucreMy xoju rpe6a npuMetbuBaTu.
nrrary
he ce,qaru
AKTNBHOCT
6ncuo BaM floMorJrr,r Aa pa3ryere oBy reMy, gajeuo joru upuuepa y aKruBHocr[Ma y
reKcry xoju cre4u.
[a
Hanonumeuo Aa he KoA paqyHcKr,rx 3aAaraKa, y caMoM nnTarty 6rmr lar 6pyro nsHoc
KaMare ocHM aKo ce jacHo He HarroMeHe Aa je Aam cwa Hero H3Hoc. Ono crora uro cy
cauou
r,r3Bp[reH]r.
llorpaxyje
Avrvie
llpuxaxure
3.000
ry
roAuHy.
AKTYIBHOCT 4
lzlseo4 us
v$
v$
flopes
31 .
ua rcpajy iioZtaona
Ayryje
l'lorpaxyje
v$
)/$
0nopesuaame:
$20.0Ct0;
$22.500)
2,500
rlrefynepuo4y
uefynepno4y
l-lpr,rurueua AuBuAeHAa
3,625
22.500
8.000
flogarxe ux$oprrraquje:
Ha $1 70.000.
llpuxaxure
ry
KpeAilr,
OilZooop Ha osy arcutueuocut tnotrcetae uahu ua rcpajy
lioilaena
BAXHA
3.1 Yaog
HANOMEHA
llopee
Ha
npouer je jegaH
Br4A 14HAilpeKrHor
Il[B
u nopea Ha onuru
ycnyra.
KAPLAN PUBLISHING
145
Cn hTH
14
n P EgM
ET :
Ot4 HAHC
tz1
JC KO
t4
38 ElllTABAl-bE
BAXHA
HANOMEHA
Befiuxa rproaaqa nocnyjy
Kao (HennaheHe) cnyr(6e 3a
npousao4e), yMarbeH 3a
nope3 Ha fbuxoBy KynoBuHy
(unu ynoxenu uarepujan),
xoplruhereu paryHa
nope3a Ha npoMeT.
Ilopes
Ha yJroxeHr.r uarepujal:
Iyzyje
Iyzyje
Enu4errrupa ce
llopes
Ha npoMer
ll|yje
(IIAB):
Pa.ryH
Kyraqa
u nopes
lJEje
Ilofipacryje Xrpo
pasyH
ly|yje
Xupo pauyn
Ilofipaucyje
Analnga
v$
Onopesunu HHnyr
2l 1.500
Onopesunu ayfiryr
302.143
O6e 6pojre yruryv$y nope3 Ha rrpoMer ol,17 ,5Vo. Toxol',r oBor BpeMeHcKor repnoAa oH je
rrJraruo $17.550 3a r,r3Mr,rperbe nonpahaja ,r3 nperxoAHor KBaprana.
Ypalrare paqyH nop$a Ha flpoMer Aa 6ucre eBHAeHrHpanu one rpaucaxquje
v$
llopes
llopes Ha rpoMer
Ha pesyJnnpajyhe nporssole:
ca.nao
$211.500)
31.500
Crapu
Ilposaja
roroBr,rHa
17.550
(17,5/117,5 x
Kynonuua
(17,51117,5 x
HcrulaheHa
17.550
$302.143)
45.000
Kpajmn cargo
sa rercyfui nepuoA
13.500
62.550
62.550
Crapu ca;rgo
146
13.500
MPLAN PUBLISHING
nPhnPEMA
il
AKTNBHOCT
(a)
lipe4ysefie Koje rpryje po6oM Kojaje npeAMer nope3a Ha npoMer no craHAapAHoj cronu
(17,5o/o) uMa yKynaH npoMer oA $2.156,780 yKrby,tyjyhr4 nope3 Ha npoMer
(6)
v$
onope3ilBr4 ynoxeHu MaTepujanu
154.006
227.493
O6e 6pojxe yKrby,.ryjy nope3 Ha npoMer ofl17,5o/o. Toxou ror KBaprana oH je nnaruo $6.100 sa
[3Mupetse noBpahaja us nperxoAHor KBaprana.
BAXHA
HAN OM
I{un
HA
o6eg6eAr,r
[un
IAS 37 je ga ce
o6es6egu npfiMeHa
o4roaapaffi ux rpmepujyua
npu3HaBatba u MepHe ocHoBe
Ha
AoBoJbHHx rroAaraKa
p$ep8ilcaba,
norexryrjanHe o6asese
noreuryljanxy uuoaury.
4.2 fleSnnnqnie
IAS 37 caAp)Kr{ nuure 4eQr.rnuquja.
BAXHA
Pesepaucarue
HANOMEHA
Pesepnucame
IAS 37 eanoqilbe
4eSuuncarueu HeKonilKo
Krbr{Hux TepMHHa:
. pe3epBilcabe
. o6asega
. o6aaesyjyhu goralal
. 3aKoHcKa o6agega
r r43BeAeHa O6aBe3a
. norexquianxa o6aeesa
. noreuqujanHa uMoBHHa
. oHepo3aH yroBop
. pecTpyKrypHpabe,
fl axruugo ltuvuraire 4are
gefiuuuquje.
MPLAN PUBLISHING
je o6anesa ca HeH3BecHr,rM
O6aaeea
sa
Oflaaesyjyhn gorafiaj
O6anesyjyhr,r gorafaj je aorafiaj xojn crnapa 3aKoHcKy r,rJru H3BeAeHy o6anesy vnju je
pe3ynffir Henocrojame peanHe iurrepHarnBa H3MHpelLy re o6asese oA crpaHe npe4yseha.
3axoncxa oflaaera
3aroHcxa o6anesa je o6auesa xoja npoucruue us:
.
o
3aKOHa; I4IH
APYIH
BUAOBa
[pHMeHe 3aKoHa.
147
llsaegena oflaBer,a
HsseAeHa o6asesa
.
.
Kao pe3yirTar rora, [peAy3ehe je crnopHno o[paBAaHo orreKr,rBarbe rr.rx ApyrHx cTpaHa
ga he ucnyHHTH Te oAroBopHocrr,r.
lloren1ujanna o6aaeea
llorenqnjama
.
.
o6anesa je:
ropucu
6urur
lloren1njanna HMoBnHa
Ilorenquja.nHa HMoBI{Ha je rrloryha I,rMoBr,rHa xoja uacraje Ha ocHoBy rrporeKJrux gorafiaja
n uuje he nocrojane 6urr nornpfeuo caMo HaqaHKoM HJrr,r H3ocraHKolr je4uor wrrr4 Br firc
Heu3BecHr,rx 6yayhux.qorafaja xojr nncy y rrorrryHocrr,r noA KonrponoM Aaror nperyseha.
Urerau (oneposan)
roBop
Perrpyxrypuparue
rrnaHHpa H KoHrpoJrr{ure, a
xojru
ce
o6rlu
HagIIH nOCJIOBalLa.
pyKoBoAcrBa. Yo6uvajeuu
npegyseha:
oAMax
no
6u usnpululo
pe3epBHca]Le 3a
148
nocre je4ue
ruu
MPLAN PUBLISHING
nPhnPEMA
14
2: IIoFIIABIbE 8
BAXHA
HAN OM E HA
[pH3HaBa]ba pe3epB[.
Bpue npeKoMepHa
pe3epBucaba, HapoqHro y
KoHTeKCT noCnoBHl4X
xou6uxaquja.
npeAlsehe
la
he 6nru
HeonxoAHa y 6y4yhnocru. Ha npnnep, aKo yroBop o 3aKy[y HeKperHHHe caApxu 3axreB
Aa ce [pocropuje rpe.re cBaKHx fler roAHHa, a npoqemyje ce Aa he 6yayhu rpollrKoBu
r,r3Hocr.rru, perIHMo $100.000, 3aKyrrau 6u neponarHo pa4uje pacflopeAno oBaj rpoulaK Ha
repuoA oA rer roAHHa, Ha reper Ao6HTH cBaKe roAlIHe sa $20.000. Ha onaj Hh'IuH he ce
H3Bpul,IrH pe3epBucarLe oA $100.000 3a flepuoA oA ner roAI'IHa H ro he ce cBaKe toA[rHe
je4Haxo oApoxaBarrr Ha Ao6Hr.
3Ha
Ilper'aa IAS 37 oBaj npucryfl Hr,rje Ao3BoJ6eH, jep o6aBe3a HacraHKa oBot rpourKa Hacraje
TeK HaKOH IIeT roAr{Ha. Torou npBe YerHpH toAI,IHe oBO [pe.(cTaura 6yayhy o6aresy xoja
ce Moxe H36ehltjegnocranHuM ycrynarbeM 3aKyna HeKoM gpyroM! llpeua IAS 37 ce
3axreBa Aa ce rleJror(yflHx rporlrKoBu npr,rsnajy y neroj ToALIHI,I; 3aKyrluy ce BepoBarHo
Hehe csu,qeru To rrrro oBH TporrrKoBu He yr[yy ua Ao6ur roKoM qerHpI,I roAI{He, a oHAa
l,firlajy ne.ruru esexar
4.4 Peoepancaba
y neroj
roAHHH.
- Mepelbe
BAXHA
HeorD(oAHHx 3a H3MI{per6e
HANOMEHA
[y'sHoc xoju ce npusxaje ea
Ptastaxe H Heu3BecHocrn rpe6a WerH y o6sup, anu oHI.I Hl,tcy oflpaBAarbe 3a crBaparbe
HeonxoAHr4x 3a H3MHpebe
cagaube o6aaege
o6asese.
6unaxca crarua.
LIJII,I
y norflyHocrtl
Aa HaAoKHaAH HeKa rpeha crpaua, nnx rpe6a IIpH3HarH caMo KaAa je nparruvuo curypHo
Aa he ce ra HaAoKHaAa IpuMI,ITH, u y 6wtaucy cra6a ca muua rpe6a nocrynarl.I Kao ca
noce6nuu cpeAcrBoM, a Ha Kao ca cMal6er6eM pe3epBl,Icama. V 6uraucy yc[exa ce,
4.5 Pesepencaba
BAXHA
H3Hoc.
- npoMeHe
HANOMEHA
Pesepancarua 6u rpe6ano
flpumep
nperne4aru jegxou
roAltuJrbe U KOpHCTl4Ttl
l4X
Torou re
KAPI.AN PUBLISHING
149
CIUTH
14 n P
TI
JC
KO kt3BEtUTABAt-bE
roAHHe:
y$
Ayryje Pacxog - 6ulasc ycflexa, ca AoAarHrmir rpor]rKoBuMa 500.000
Ayryje Tporuxoru Suuaucupana - 6ulaHc ycnexa,
ca nuKBurr.rpameM AucKonra (4.000.000 x6Vo) 240.000
Iloryaxyje Pesepnucarca - 1wtasc cralba, ca yKlmHr.rM s6upor,,r
Ha xpajy
v$
740.000.
Pesepnucarra rpe6a xopucrr,rru caMo 3a HaMelbeHe crpxe. [ax.ne, npegysehe roje yrnp4n
ga je xo1 p*epBr,rcarba npeHerlrx H3 npeD(oAHor [ep].roAa:
.
.
pBepBHcalbe 3a IIoTpiDIC.IBarba IIo ocHoBy rapaHqnja cyBH[re Milrro, Moxe Bpno JIaKo
,qa o6pavyna AoAarHa pe3epBl,Icarbe 3a florpaxuBarba rro ocHoBy rapanqlrja arapexruo
Ha reper pe3epBl,Icalba sa ornpeMHuHe, H THMe us6erHe 6u.no xaxno rrpg3HaBarbe y
6wtaucy ycnexa. Ilpertla IAS 37 oro uuje Ao3BoJbeHo, seh ce 3axreBa Ea ce H BHuaK
npnsuajy y 6mancy ycrexa, BepoBarHo nourro ce o6eloAamyjy oasojeHo.
r,r MarbaK
4.6 Pesepencaba
BAXHA
HANOM
Ey eyh n ry 6 u 4n
HA
He uoxe ce BpuJt4rH
pe3epBucabe sa 6ygyfie
canautua o6aeea. V
KoHTeKcry
pefipyKrypHpaba
fl oc n o Ba,ba
He uoxe ce BpuMTrr p$epBlrcame sa 61ryhe ry6rrxe nocJroBaru, g6or rcra [fio oHH, rro
4eQrum[{u, Hacrajy y 6yryhnocnr H clota ue sa4ononanajy Kp}nepujyM H3HaA orgcaHe o6as$e.
Pecrpyxrypnparce
Eulo xarno pe3epBncarle je uoryhe caMo aKo nocroju caAaurrta o6anesa. Y xonrexcry
pecrpyKrypHpalba Mopa nocrojarlr AerarbaH, lfupruanau u ogo6peu iltra]H, Nrrl nn ro Huje
AoBoJLHo,
npoMeHHTH Mr,IIIIJ6eI6e.
Tpouxonu
BAXHA
HANOM EHA
Oxeposar yloBop o 3aKyny
je npuuep oHep03Hor
yroBopa sa vnje xero
rpouxoae rpe6a u3Bpruhrr
pe3epBilcabe.
BAXHA
fapanquje
HAN OM E HA
V apeue peneBaHrHe
npo4aje rpe6a H3BpuJr4rH
p$epBrcahbe 3a n0npaBKe
xoje cna,qa nog rapaxqtje.
150
MPLAN PUBLISHING
nPhnPEMA
uoxe 6nru
KOJTIIKO 3aXTeBa
- o6enoflabnBabe
BAXHA
4.7 Pesepaucaba
HANOMEHA
3a caary xnacy
pe3epBIcaba, npe4yaehe
rpe6a ga o6enogaxu:
noqerHu
3aKrbr{Hu
H oqeKilBaHo
Il
r
o
Ctenen BeryBarlohe
Ognua
llpunna
[lpaxrNvuo cnrypHo
06aeesa
[/rt oeuxa
Bepoearxo
06aeesa
06eno4auuru y HanoMeHu
Bepoaaruo
06eno4aunru y HanoMeHu
Heua o6enogatuuBatua
Mano aepoearxo
HeNa o6eno4albuBatta
Heua o6enogabrBaba
3axrtyuax
Marepujal
Hs
o
o
o
IAS l0 peryanure Mepy y xojoj ce aorafajn nocne AaTylvta 6ltlasca crarta npnsuajy y
QuHaHcujcruru usueurrajrua.
ta oAtroxeHr{M nopecKr{M o6asesaMa. Acnerrn reryhrax
nopcKHx o6anesa ce HaJIa3e y oBoM ttotJlaBJby, a oAnoxeHI'I lropes ce o6pahyje
oHoJrr{Ko AemJrHo KoJIt{Ko je naua norpe6Ho y HeKoM HapeAHoM norJlaBJby.
Y IAS 37 peseprucarra ce geQuu1agly Kao npcra o6anese H oHa uuajy naxau qurs:
c[perraBarbe npeKoMepHux p$epBgcalba y nocnoBHuu rou6usaqujartra. Tarofe ce
6asn HeouxoAHI,IM pa{yHoBoAcrBeHI,IM nocry[KoM n o6eloAamuBalbeM 3a
MPLAN PUBLISHING
151
HTAI-bA 3A
IlTlt{Hy
NPOBEPY
5
6
7
8
Kojr,r
Ura je cucreM
ur,rnyraqr,tje onopesuBalba
Ka4a ce npuueryje cucreM uranyraquje, Aa flr ce ucnnafiese AuBrAeHAe npr,txasyjy y Hero un[
6pyro usxocy y usaeurajy o npoMeHaMa xa ranr,rranf (2.3)
KaAa ce oA
NPAKTt4L{HO
NTTAFbE
Ilpegysefi e,,Humpledink"
flpe4ysehe "Humpledink", ca eMilToBaHilu axqujcxuru KanilranoM y l43Hocy oA $250.000 y axqr,tjaura
o4 no $1, npaer caoj Sr,txaxcujcxr,t usaeuraj 3a nepfioA 4o 31. geqervr6pa ceaxe roAuHe, a FbeHa
nopecKa o6aeesa ce o6h,{Ho Moxe flnarrru cne4eher 1. orro6pa. Ha gau 1, jaxyapa 20XS. rograxe
nopecKa o6asesa je cne4eha:
Ha ocHoBy
4o6urn ea ry rogr,rxy),
Toxou ro4ure xoja ce 3aBput4ra 31. 4eqervr6pa 20X5., o6aee3a sa roAi4Hy xoja ce sa,spurna 31.
geqeu6pa 20X4. je AoroBopeHa xa $57.500 u nnafiesa 1. orro6pa 20X5. ro4r,rxe.
fluau4erga nnahexa y uefyapeueHy og 5c no axquju je nnaheua 30, jyna 20X5, rogr,rne. Hilxaxee
Apyre AUBHAeHAe Hucy nnahexe roKoM re roAuHe.
ucnnaheHux t43Hoca, h
Mopa ce
llog npernocrasxora 4a je 4o6ur sa roAuHy xoja ce 3aBpuuna 31. 4eqer,t6pa 20XS. rogr,txe npe
onope3HBaba il3Hocuna $150.000, n 4aje can4o pe3epBH npeHerux u3 nperxoAHe roguxe 6uo
$120,000, oA Bac ce rpilxn:
(a) 4a npunpeMfire rnaBHy Klbury paqyHa nope3a Ha ocHoBy
garux
raxsoprvraqraja
fi)
152
4a npNxaxere nopecKu 6unaHc y 6nnaucy crarua xojr je npunperurueH Ha AaH 31. 4eqer,r6pa
20x5.
(16 noena)
MPI.AN PUBLISHING
nPmnPEMA
ilTAFbA
hcnilTHor
Th NA
il
Ilpegysefie "Rowsley"
llpegysefie "Rowsley" je rpyna ca MHoro 3aBilcHr4x npeAy3eha. l-pyna je noHocHa Ha cBojy
penyraqnjy "6puxHe" oprauusaquje u yceojunaje pasHe eruqKe noruTr4Ke ycMepeHe Ha 3anocneHe
14 ur4py saje4xuqy y xojoj nocnyje. Kao 4eo cBor roAuurrber usaeuraja rpyna o6jasruyje no4arxe o
caojoj exonouxoj nonuruqu, xoja o6gaara o4pefuaarue qurbaHilx nep$opruaucu aKTuBHocrH
uarepujanxo suauajue y KoHTeKcry paqyHa y LlenuHu, Pavyue rpe6a ga o4o6pe 4uperropu 30.
jyua 20X9, roAilHe.
Ha 4ax 15. Se6pyapa 20X9, roguxe, o46op npe4yseha "Rowsley" je ognpuo Aa 3arBopr4
BenuKy Sa6pnry y [ep6ujy, O46op xacroju Aa cacraBh nnaH KaKo 6u ce cyouuo ca e$erruua
peopraHu3aquje, u npe4eufia ce npeMeurraj npoueao4rue y Apyre Sa6puxe, yrnaBHoM y Bency,
Oa6puxa he ce saraoplrna 31. aerycra 20X9, ro4uxe, anu 31. Mapra oBa oflnyKa Huje jour
Toxot',r
Toxol,t roAHHe, 4o 31, uapra 20X9. ro4une, jegau xopu+rux je nporua rpyne noKpeHyo cy4cKr4
npoqec, rap4ehu Aa ce oA jeguor o4 npexparu6exux nporl3BoAa xoju oxa npou3BoArl HeKonuKo
qnaHoBa beroBe nopoAuqe os6urbxo pas6oneno. Agaoxar rpyne cyrepuule
4a oaa axquja
BepoBarHo Hehe 6uru ycneuJHa,
(3 noexa)
urery
uunuona,
(5 noena)
O4 Bac ce 3axreBa:
fla o6jacxrre
KoHconuAoBaxula
(Yxynxo:20 noena)
OdZoeope Ha
MPLAN PUBLISHING
rcrcude
153
OA;OEOp HA
nicrraeFrocr
a)
epe4uocrr
['J.TJffi?fi.f:ffi;:ffJ:?#,':,::'HTIJ#lJflil?ffi',,TJ#:6aaxe
(6)
Oao je raxofe gorafaj nocfle AaryMa 6unaHca craua xojr,r ce Mopa KopuroBaru. llocroju
npegeu$euu ry6urax xa Qa6puqu oA $40.Ct00 (apeguocr oR $200.000 yMarbeHa sa
AocaAaulrbe rporuKoBe oA $80.0tt0 yMarbeHe 3a npoqebeHe AaJbe rporuKose o4 $160,000).
l4rvrosuHa, crora, rpe6a Aa ce npoqeHu ua $40,000 (4oca4aumu rpotxKoBu o4 $80.000
yMatseHh 3a npunucilBu ry6urax oA $40,000).
orqroBoP HA
AKTT4BHOCT
flaxne, u3Hoc oA
20180
r,r
xa xpajy he 6uru
oAroBoP HA
AKT]4BHOCT 3
Kopax
y$
flopes:
roA]rHy
l1opes sa Aary
l4sxoc npexoraepHor pe3epBltcarba y nperxogxoj
roAuHt4
y$
180,000
(3.000I
177.000
Memopcxa Hanoueuai llopecxa quQpa y nucTu canfla uopa 6urN pa3nuKa usrr,lefy pe3epBucahba
h3 npoune roAuHe u HaKHaflHo nnahexor HsHoca.
Ayryie
flopecxu pavyx
Iloryaxyp
Ernaxc ycnexa
Kopax 2
floga6aeure ce 6unaxcou cralba. Je4uxa craBKa xoja yruve xa 6mnaxc craba y oaou npulaepy je
pe3epBucabe sa Aary roArHy ($1 80.000).
Kruuxene:
y$
Ayryie
Eunaxc ycnexa
floryaxyje
Oso fie ce
154
HErna3HTr4
fiopecxu
rpouaK
EunaHc craba
flopecxa
y$
180.000
o6agesa
180.000
MPI.AN PUBLISHING
nPhnPEMA
o,qroBoP HA
AI{TI4BHOCT 4
Kopax
2: IIOFIIABILE
y$
Ilpuxo4 oA ynaralba (8.000 x 100/80)
y$
10.000
Onopesuearue:
170.000
2,500
2.000
174.500
Kopax 2
Vnoc y 6unaxcy crama je caMo sa nope3:
Texyha nopecKa o1aaeaa
v$
,1
- Aeo 3a n0pe3
170.000
(3.625)
. 166.375
oflroBoP
HA
AKTNBHOCT 5
+ft.
x $2,156,780 = $1.835.557
(6)
v$
v$
Crapu can4o
Kynosuxa
(17,5/117,5x 154.006)
l-oroeHxa
3axruyvnu can4o
ea rexyhu nepuoA
22,937
6,100
6,100
llpogaja
07,5/117,5 x227.493)
33.W2
10.945
39.982
Crapu cango
MPLAN PUBLISHING
155
UCn UTH
156
14 n P
t4
JCKO t/ 38
IUTABAI-bE
MPLAN PUBLISHING
F,i
t:ii+revar
llornaBrbe 9
G'GrD'
iiif0ftiltATli(A
oAnoxEHl4 noPE3
cA[ PXAJ
NOTTABJbA
1. l'lorpe6a 3a oAnoxeHlrm
nope3oM
2. Merogu o6paryuaeana
oAnoxeHor nope3a
3. Pesepaucane na IAS 12
Llurueeu
4.OcHoerr npnxqun hS 12
5. flpusxaeane
oAnoxeHnx nopecK[x
o6asesa u oAnoxeHlrx
nopecKux cpeAcTaBa
o
.
.
6.
3axrea[
3a
o6enogaruaaruem
BAXHA
HANOMEHA
Ilorpe6a 3a oAfloxeHhM
nope3oM xacraje s6or rora
uro ce go6ur aa nopecKe
cBpxe Moxe pa3nlrKoBaTu 0A
go6uru npuxasaxe y
SuHaxcujcxr.ru uaaeurajrua.
la
Were
Aa:
Karqa
cy pacxo4l Ao3BoJ[rM
I,t 3a
go6ml, aflr
HapeEr]D(
6rrn moxa,
Hero
la je
Je4uo npe4ysehe ryrryje crzrrrHo cpeAcrBo sa $10.000. Ber rpajana cpeAcrBa je ner ro,qnna
r,r Koprrcrn ce npaBonuHnjcrca uerog auoprnsarytje.
3a nopecxe cypxe, 50% rporxKoBa ce npusHaje y npnoj roAHHH, a ocraraK ce je.qHaxo
pacnopefyje Ha npeocrarre qerI,IpH roALIHe.
PeresaHTHa nopecKa crorra H3Hocw 30%
y (enoM nepuoAy.
opednocul
v$
llpu.nl.rxor'r
Kpaj
Ha6asxe
rolr.rue
y$
10.000
10.000
l.
5.000
8.000
2.
3.750
6.000
3.
2.500
4.000
4.
1.250
2.000
5.
MPLAN PUBLISHING
opeduocili
Pasaurca
llponeua
y$
3.000
2.2s0
1.s00
7s0
-
v$
3.000
(750)
(7s0)
(7s0)
(7s0)
157
h CnUTH
1,1
Ha rpajy
l.
Anu y nepuo4y oA2. go 5. rognue pa3Jrr.rKa rrocreleHo Hecraje. v cnaxoj oA oBHx roArrHa,
oIIope3HBa 4o6ur usuocn $750 Br,rue oA parryHoBoAcrBeHe go6nru, re he eoexar 6rrn
nosehaHr,r nopecKu TporrrKoBu oA $225 cBaKe roAHHe.
BAXHA
HANOM EHA
TaxogeaHhu lreroAonr
nponyuTaba, pa3n[Ke
nsuefy nopecxux u
paqyH0BoAcTBeHHx
BpeAHocrH ce saxeuapyjy.
Je,qxocraaxo npHxBaraMo
cMaBeHe TporuKoBe n0pe3a
1.
ro4uxr u nosefiaHe
TpoluKoBe
alu
Ao6nrar
y l.
y l. ro4lrnu,
nop$a y nepuoAy
o,q 2. 4o 5. ro4uue.
npeTxoAHoM npHMepy.
Ernaxcn ycnexa
1. zoduua
Meiliod
Ca odtoxenutt uopuotn
ilpoilyutiliarca
y$
20.000
[o6ur
Teryfui nopes (30Vo x 20.000 - 3.000) s.100
y$
npe o[opmuBarba
O4.noxeHu nopes
y$
20.000
s.100
900
14.900
6.000
14.000
0d 2. do 5. doilune
orope3HBarba
(30Vo x 20.000 + 750)
[o6r,rr rpe
Terytur nopes
20.000
6.225
20.000
6.22s
(22s)
6.000
t3.775
14.000
Ognoxern nopes
v$
v$
2.ro1usa
Eulanc ycfiexa
900
225
l.roAuua
Euasc
2.ro4ttma
Crapn calgo
ycnexa
ro
900
Kpajnlr caryo
sa rercyhu nepuoA
675
ru
1s8
MPI.AN PUBLISHING
225
3.roAnHa
Crapu calao
67s
Kpajmu calao
sa rexyh-vr nepuoA
450
675
67s
225
4.roAuna
Crapn
cugo
225
150-
450
450
22s
S.ro,elna
Crapu
curlo
225
225
Kao
uro
BI,IAI,Ire,
225
BAXHA
HAN OM E HA
Heo6pavyuaaarue
oAnoxeHor nop$a
BoAl,r
Aa
norpeuHor npHKa3HBatba
o
o
o
Kouqenr
BpeMeHcKor pa3tpaHurlelra
Ao6nru
BAXH E
HANOMEHE
fiaa rnaaua paqyHoBoAcrBexa ueroga o6pavyHaBaba
oAnoxeHor nop$a cy:
r neroA ognararua,
xojnu
ce npeo6nrxu uaroc
ocTaBrbeH n0 cTpaHH 3a
uaxna4no 4ofe go
. metog o6aeBe, go
oAnoxeHor nopBa ce
xopuryje y cxna4y ca
oppxaaffir
nacrajame ovexyje.
raKo u3Hoc y
xopuuherue ueroga
o6asese n3 6unaxca ctarua,
xojuu ce H3pai{yHaBatte
Bprxr4 y3 nouofi apeguocru
ug 6unaxca
cratta !t
nopecKux BpAHocTH
cpeAcraBa lt o6aeega,
MPLAN PUBLISHING
2.4 Mero4 o6aBe3e H3 6unaHca ycnexa H MeTofl o6aBe3e ta3 6[naHca cTa]ba
Pagrflxa r.rsuefy oBa ABa MeroAa je, raxofe, y nenuxoj MepI{, KoHuenryiIJIHa.
Pesyirrnpajyfui H3Hoc oArloxeHor [ope3a he 6rrru ucrn. MeroA o6anege ws 6finamca
ycflexa ce ycpe.qcpefyje na pas-rrnxe usuefiy o[ope3l,IBe Ao6uru H patryl{oBoAcrBeHe
4O6m , AoK ce MSTOAOM o6asese Us flsna6ca cTat6a, H3pa{yHaBa}be BpUI14 Ha oCHoBy
BpeAHocrr.r us lwrunca cralba LI nopecKllx BpeAHocrI'I cpeAcraBa la o6asega.
159
14
JC KO
14
3BE1UTABA|-b E
Ilpeua IAS
lilnalca crarra
r,r
raj uerog
rrorJraBJm.
pe3epBr,rcarba
BAXHA
. Hynro pe3epB[cabe,
KaAa ce pe3epB[cabe 3a
llyxo
,(elmmllHo p$epBncame
je neh nouursaHu
pe3epBncabe
Pesepnucarre ce Bprxu ayroMarcKr,r 3a nopecKe eeexre cnnx
[pHBpeMeHHx pa3JrHKa.
rojoj ce overyje ga
Bpulr4
pesepaucaser KaAa
ce pe3epBficabe
Ono
. flyro
HANOMEHA
oAnoxeHu n0pe3 He
Hylno pBepBIIcaIbe
Bpulr4
ayroMarcK}4 3a nopecKe
o$erre carx
npuBpeMeHux
pa3nilKa
. flennuurxo pe3epBncatte,
KaAa ce pe3epB[ca$e
Mehyrnu, nper[ocraBnMo
Ilpeua IAS
BAXHA
HAN OM E HA
Hynro pesepaucarue ce
cMarpa He3agoBonaaajyhru
MeroAa
AenIMhr{HHM
pe3epBIcahbeM.
flpe,quocrN u HeAocraqu
nyHor pe3epBrcaba cy
go6poj paaHorexu.
'
o
.
o
o
i
ep e uc arca
,[enauuuuo paepsucofte
Hegocraqn nyHor p$epBncalba cy flpeAHocrr,r Aenr,rMnqHor pe3epBr,rcama, u o6parHo.
160
KAPLAN PUBLISHING
3 Peseparcahe H3 IAS 12
BAXHA
HAN OM
3.1 Yeog
E
HA
Kopuuherueu ueroga
o6aeese
urg
6lrnauca clarua
oArroxeHH n0pe3 ce
Kao uno je Hanouenyro, IAS 12 rporcr ycnajalbe McroAa o6anese ue 6ulaHca crarba, xojmr ce
oAJroxeHH rtopes r,BpaqyHana ys nouoh nopecKe ocHoBr,rue HeKor cpeAcrm ]uM o6anese.
llopecxa ocuonuqa je usuoc roju ce npunucyje cpeAcrBy r,r.ln,r o6asesu 3il cBpxe onopeuBa]ba.
par{yHoBoAcroeHoj npe1rrocru.
H3pa'{yHaBa nopeferueu
KtbHroBoAcTBeHe
ca tberoBoM nopecKoM
h3H0c0M npHnilcaHHM ToM
Ilopecra ocHoBHrIa o6anese je fbeHa Kbr,rroBogcrBeHa Bpeft{ocr, Wa}beHa 3a cMKH ueHoc rojn
he ce orysem y flopecKe cBpxe 3a ry o6auere y 6yryhru repuo4rMa. Y uryvajy yHa[peA
nopecKe cBpxe.
Bpe4{ocr, War[eHa 3a cBaKH lr3Hoc [p[D(oAa xojn Hehe 6ml onopesm y 6yryhmn [epuo4{r{a.
BAXHA
HANOMEHA
ocHoBr,rqon, ro jecr ca
je
rbeHa KrLr,noBoAcrBeHa
r4JIH
3.3 Ilpuruepr
Ynparo o6pafpHe
- nopecKa
HAeje
ocHoBr,tqa cpeAcraBa
12.
\efio[
rreplroAy.
JeAsa uaruuua je
reryheu
cpeAcrB a
je 70 (100
.30),
je oA6nrHa
craBKa.
Ilputep 2
Ilorpaxunarse no ocHoBy KaMare nuajy rmnroBoAcrBeHy BpeAHocr
6uru onope3oBaH Ha roroBnHcroj ooronn.
ol
100. flpr.rxol oa
KaMare he
Ilopecxa ocHoBr,rua florpaxr{Baria lro ocHoBy KaMare je nyra, jep ce yuanpe4 o6pauyuara
[prrxoAr,r He npusuajy 3a nopecKe cBpxe.
[,aue, nocroju
KAPLAN PUBLISHING
161
Ilpuuep 3
[Iorpaxlnarra
je neh
yKJb)
Onaj npnrrrep ce parnnryje oA rpuMepa 2 jep je osux 100 yKJbfreHo y 6ruraHc ycrexa H y
onop*r,rBy Ao6Hr sa fiep]roA xojn ce yrpaBo 3aBprrmo. Heua 6y4yfuix onope3lrBllx
nplD(oAa H crora je nopecra ocHoBr,rqa je4uaxa KrbHroBoAcrBeuoj npe4rocrn. OA.roxesu
[ope3 ce ne nojanrsyje.
Ilpuuep 4
r,it
H HeMa
OATTOXeHOT
Ilpuuep 5
ruaru
Ilopecxa ocHoBHrIa
3.4 llpuruep[
Ilpwtep
Krbr,rroBoAcrBeHy BpeAHocr
flopecKe nocneAHrle.
sajr'ra
je
ol
100 ce
ol
25.
Ilpumep 2
100.
Ilpwtep 4
KparxopovHe o6asese o6yxrarajy o6pa.ryuarc HoBr{aHe Ka3He H rro6e c K}br,rroBoAcrBeHoM
speAHouhy oa [00. Hon.{aHe Ka3He H rro6e nucy oA6urna craBKa 3a nopcKe cBpxe.
HlrjegaH H3Hoc ce He o46nja y nopecKe cBpxe, a flopecKa ocHoBHIIa je, y cua4y ca rI,IM,
100, ucro KoJrHKo H KlburoBoAcrBeHa BpeAHocr. OAloxeHor nope3a HeMa.
Ilpuuep 5
KrrlrrosoAcrBeHa BpeAHocr o6asese lro ocHoBy sajrtla
je
Ilopecra
162
ocHoBHrIa
KAPI.AN PUBLISHING
BA)KHA
HANOMEHA
Hexe craexe (xa npruep
TpourKoBH ucrpaxuearua)
xn xao
cpeAcrBa nu xao o6aaete y
aflt,l ce xe npnexaiy
6unaxcy crarua.
(nopecr<u ry6r,nax) cBe Ao uexor xacnujer nepuoAa. PasII,Ixa r,rrue[y ncipecxe ocHoBHUe
TpotuKoBa [Icrpax]IBatm, notrlro je ro usuoc rojn he nopecKa ynpaBa Ao3BoJII{TH Kao
oA6rrax y 6ygyhult{ nepHoAHMa, u HyJrre K}bHroBoAcrBeHe BpeAHocrn je oA6rrrua
npuBpeMeHa pasIIHKa xoja pesyrrupa oAroxeHHM nopecKI,IM cpe/qcrBoM.
BAXHA
HAN OM
Hexe crasxe ur'lajy nopecry ocIIoBHuy, 1IIIH ce He npusHajy HH Kao cpeAcrBa HI'I Kao
o6asese y 6uancy cralba. Ha npuuep, rpolIIKoBI,I Hcrpil{c{Ba}ba ce npusuajy Kao pacxoA
KaAa ce oApebyje paqyHoBoAcrBeHa Ao6nt y nepuoAy y KoM cy HacraJII{, aau uoryhe je la
ce nehe Ao3BoJrI,ITrI IbI,IxoBo ol6ujame npru[,IKoM o.qpebnnarra o[ope3uBe Ao6nru
HA
V IAS 12 ce HaBoAu Aa
npepysehe rpe6a Aa npffiHa
oAroxeHy nopecKy
o6aaeey nnn cpeAclBo KaA
nopecKy
I,I3Hoca
H3 rrperxoAHot
reKcra
Ilruajyhr,r Ha
6il
HMaflH
nopecKe nocneprqe.
BAXHA
HANOMEHA
tlpeua IAS 12 sarreea ce,qa
ce oArroxeHa nopcKa
o6asesa np[3Ha 3a cBe
[Ipeua IAS
frasHr,r H3y3eraK je
ro uro ue rpe6a
I,I AI'IcKoHToBarbe
Huje
AO3BOJbeHO.
onope3HBe npuBpeMeHe
pa3nhKe, y3 Mabe lr3yseTKe
H TaKO Ce
3axreBa nyHo
pe3epB[cabe 3a oAnoxeHh
nope3.
r
o
6uanc ciliarca
alu ocrajy
MPLAN PUBLISHING
163
Cn hTH
14
t4
38 EtUTABAt-b E
Ocnosa 3a [ptI3HaBaI6e oAroxeHux flopecKr,rx cpeAcraBa Huje cacnulr rrcra Kao ocHoBa 3a
[pI,I3HaBarLe oAJIoxeHHx nopecKux o6anesa. llpaunro ras IAS 12 je rc oAroxeHa [opecKa
- cpeAcrBa
rpe6a 4a ce npnsHajy sa cne o46urHe npHBpeMeHe pa3nHKe "y onoj r,lepu y rojoj
HA
Ognoxexa nopecKa
cpegcraa rpe6a ga ce
JCKO
BAXHA
HANOM
14
pa3nlKe,,y
r,r
Kao urro je crryvaj ca oAJIoxeHHM flopecKr,rM o6anesaMa, Hr{ oAlroxeHa rropecKa cpeAcrBa,
xoja ce oAHoce. Ha ryAB[Jr, ce He [pn3Hajy u gucxouroBarre Huje 4oenoreHo.
o,q6nrxa npIBpeMeHa
pa3nuKa",
ut
.'
[a
3a
la m
Aa ru je neponaruo
BAXHA
HAN OM E HA
O,qnoxexu nopm BeeaH 3a
penanopusaqnjy ce
npusxaje,qrperrxo y
KanhTafly.
164
KAPI.AN PUBLISHING
6 3axreer 3a o6enoAalbnBabeM
o llopecrur pacxoA (npuxoa) rpe6a la ce npuKaxe
y 6uraHcy ycnexa.
(npuxola)
rojr
O6jautrerbe
jetuoj oa
- 6pojvano
Be3e
H rrpxMeHJbr,tBe nopecKe
crorre, y3 o6erogarrunalbe ocHoBe I,I3paqyHaBarM [pHMer6I,IBe rlopecKe crofle.
.-
3axruyrax
pa3JrHKa u norpe6e 3a [pHMe]bHBa]LeM
KOHTIe[Ta BpeMeHCKOt pa3rpaHHr{e}ba ynapHBarbeM npl,IxoAa ca IyIIHM TpoIuKoBI,IMa
KAPLAN PUBLISHING
165
Cn
[THt4
n PEAM
ET : ON HAHCI4JC KO h3BEIUTABAI-bE
NHTAFbA 3A
II t4qHY
NPOBEPY
I'lpeua IAS 12 saxreea ce nyHo pesepBucaFbe Kopr4uherbeM MeroAa o6aeege us 6unaxca craba.
1 Sauro rpe6a npu3HaBaru oAnoxeHh nope3? (1.3)
PAKTNT{ HO
nhTAt-bE
6 Haae4ure
rpr
7 Haae4ure
rp[
Ilpegysef,e H
l-naeHil pavyxoaofa npegyeefia H ynpaao cacraBrba roAurutrr4 usaeuraj 3a roAHHy xoja ce
saBpuuna 31. orro6pa 20X0, TpeuyrHo npunpeMa HanoMeHy o oAnoxeHoM nope3y.
Pauyr o4noxeHor onope3ilBaba uMa norpa(Hu canAo oA $1,5 uunuoxa Ha AaH 31. orro6pa
20X9. ro4uxe Csu oeu u3Hoo4 cy Hacranil no ocHoBy pa3nuKe auoprusaquje u pe3epBucaba 3a
KANUTAJI.
Toxou ro4uue xoja ce 3aBpuuna 31. omo6pa 20X0., npe4ysehe je o6pavyxano 918 r,runuoxa sa
TpourKoBe auoprueaquje u norpaxyje $20,8 uunuoxa nopecKux onaKuilqa.
Texyhm nopecKu rporxKoBt4 3a Aary roAuHy usHoce $4,7 uunuoxa.
0g Bac ce 3axreBa:
(a)
fla o6jacxnre
(6)
fla oOjacxure
(q)
fla npunpeMure
(5 noena)
llopee ua go6urax.
(5 noena)
(5 noexa)
(Yxynxo: 15 noexa)
Oddooope Ha ooo
166
rcrcuZe
KAPI.AN PUBLISHING
fiorrraBrbe 10
3AIrl4XE h yrOBOPt4 O il3rPAAl-b]4
cA.qPxAJ
nOfnABJbA
1.lAS23anrxe
2. lAS11 Yroaopuo
ffirpa4tbr
3aJIHxe
yroBope o rcrpaAmu.
l.l
uorrn nojanuru
llpuilpetua
H y Hcnr.rrHoM
[nruean
Kaga sarpunre oBo nouraBJbe rpe6a Aa Were Aa:
.
.
HaBeAere
u o6jacHnre
HaBeAere
oApeA6e IAS 2
ll.
1 IAS 23anuxe
1.1 Hnxa oA ABe BpegHocrlt: Ha6aeHa HrH Hero ocrBapuBa BpeAHocr
OcHosHtI npHHIIHT IAS2 je Aa ce 3arrlrxe BpeAHyjy no nrxoj og c.te4ehe ABe BpeAHocrr,r:
BAXHA
HAnOMEHA
ua6asHe BpeAHocrr.r
tr.Jrr,I
no Hadaeaa epednocfri
ua6aeHe r Ha6anua BpeAnocr
Aa ce sanuxe spegxyjy
uuxoj o,q cne4efie gee
BpeAHocr.r:
caAaulrbe
ocrBaphBe
BpeAHocrH' r
t/ q
t4 J
caAarurbe
Ha6aexe
sannxa
y
ciarue 6pourxoa u
Tpotxt(oBt4 4oeo$erua
Ha caAauby,oxaqujy
Tpourxonn ua6anxe
A
"Ha6aexa apegxocr" cy
A E O 7l H
r,r
H rporuKoBn
xouaepaule).
.
.
Hr,rBoy
AKIHBHOCTI,I.
Cltelehe rporuKoBe rpe6a r,rcrrsyml u o6pa.ryHaru Kao pacxoAe y nepnory y KoM cy Hacram:
fl Eot/
14
qt4JA
npeKoMepHH oT[aA
Tpo[IKoBHcKIIaAHUITeIba
rpoutKoBu npolaje.
npoqebeHa Hero ocrnapl{Ba BpeAHocr je crnapHa I,ula npoqe[reHa npogajna ueHa Wa]beHa 3a
qeHayMabeHa3a rporIlKoBe 3aBpulaBaha H cBe rporrrKoBe Heo[xoAHe sa o6aBJ6arLe npo4aje (ro jecr
cBerpolllKoBe3aBpuaBarba TpgtrrKoBe xojn he HacTaTH ycleA MapKeTr,rHtrrKHX aKTHBHSSTH, npOgaje n
h cBe rporuKoBe HeonxoAHe
aracrpn6yur.rje).
crBapHa hnu
cBe
npo4ajHa
cne
sa o6aerbabe npogale.
MPLAN PUBLISHING
167
.
.
.
cTBapHa
jegunuvna qeHa
[poceqHa IIeHa.
V cnyrajenurtra y rojnua
BAXH E
HANOMEHE
V cnyvajeauua y xojuua
ropncrnrr vcrt4
je,qnxnrxa qexa.
V cnyrajeauua y xojnua cy
3aMeHrbHBe, no IAS 2 ce
o
o
o
o
AKTTIBHOCT
(a)
(6)
MoHTa(e cnequjanHe
BAXHA
HANOMEHA
IAS 11 Vroaopu o rcrpaerbll
perynhuJy ocHoBe
np[3HaBa]ba go6nru og
yroBopa o t,l3rpaAlb1{.
flpuxqun je 4a go6nr rpe6a
npH3HaBaTU oHAa KaAa Ce
r,rcxoA yroBopa Moxe
npoSura6unax.
IAS
ll
H3rpaAr6,r.
ll
168
MPLAN PUBLISHING
la o6poamjy:
r,r
Mory ce anou]rpaTr,r
Ha yroBop
rar(Be Apyre rporxKone xoju ce noce6no o6pa.rynanajy Kynr-ry npeMa ycnoBr,rMa yroBopa.
.
.
.
.
.
.
.
fioTpaxHnaru rpefu,lx
cTpaHa.
Tpoutxool,r xojn r'rory 6uru npunucuBu yroBopHHM aKrHBHocrr{Ma yonure n xojr.r ce Mory
arrorlHparr,r Ha KoHKperHe yroBope o6yxnarajy:
.
.
OcHrypalbe
BA)KHA
HAnOMEHA
Axo je ovexuaaHy HcxoA
go6rr, nprxo4e
pacxoAe
pacxoAa
Aro je
yroBopHl{x
ca Qasoru
paAoaa. Axo je
ovexueauu
Aro je
oqeKHBaHI,I
r,r3Hoc
ry6urxa go
3aBpuIeTKa paIoBa.
rpe6a npuexaru
usxoc ry6nrxa
3aBpuerKa
'
go
paAoBa'
6ulo
rr,toryhe
pehu aa ce HcxoAH
la
he ce eKoHoMcKe Koplrcrr,r
o[
MPLAN PUBLISHING
je na noverry
169
y nperyrehe
uoxe jacHo
r,r,Irr,I
6nrr
HaAoxHaA[sLr
O.rerc,rsaHr,r
CABET 3A
VCNIAT
Hajreuhu uavux
rcpaqyHaBalbanpoqeHra
3aBpueHilxyroBopHr,0(palpBa
y ucnrmru nrrauaua je
nponopryrjaraauelyyroeopHux
ll
.
o
He
npoqeheHhxyKynffix
yroBopHr,rx TporxKoBa
He y3r,rMa H[KaKBa
go6nr,
aJIr,I HeMa
pa3nora Aa ce flperrrocrasr,r Aa he
HaAoKHaAr,rBHM TpourKoBHMa.
Axo ce yroBop Hara3il y Qasn KaAa ce Moxe yJerr,r 4o6wr, ysehe ce npuxoAr,r u pacxo4r rojn
o4rorapajy Sarn pagoua qo roje ce AourJro. Axo je lo6nr seh ysera y jeproM HJrr{ BHUre
[perxoAHrD( fleplroAa, flprcHarr,I [prD(oA r{ TporxKoBH he owarreguo 6rrrr pa3nI,IKa rasrr,tefy
rbrD(oBrD( TpeHyrru{x Hr{Boa H H[Boa npr.r3Harro( 3a rrepnoA Ao flperxoAHor 6ruanca ycnexa.
3aBprrraBarly paAoBa o.reryje ry6urax, AocaAaur]bn ry6nrax he 6nrn yner
o6yxrararreu Aoca.(aulrux npuxoAa r,r rporxKoBa. flocae rora je HeolxoAHo rrpeocralrr.r
usHoc ry6nrxa rojn ce ovex$e y nepIao.qy nsrtrefiy caAautber Aary]ra 6wtaw,ca crarba H
Axo ce tro
o6yxrarnrn Kao
pacxoA.
Eutaac cfrarua
.
o
.
.
cwy
3a cBe yroBope
.
.
paAoBe
je nero
ro1ulu
H3Hoc:
cwy
nprcHarr,rx ry6uraxa
r,r
Qarrypncarra no $aealta
170
KAPI.AN PUBLISHING
3MhXE
N vrOBOPl4 O
h3rPMFbl4: nOffABJLE 10
o
o
caAa
2.8 flpnr'lepu
Cneaehu npI,IMepH rpey3ern us IAS I I noxasyjy oBa rpaBllna y rpaKcI'I.
Ilpuuep
[o
$8.0s0.000.
uro
HaJIor 3a H3MeHy
oBaKo:
l.Zoduua 2. loduna 3.
floqerHr,r r,r3Hoc yroBopeHux
Halor
3a
H3MeHe
npllxoAa
caAa
Ao6ut
AoBpueHocru
2.093 6.168
paAoBa 5.957 2.032
8.050 8.200
Ilpoqemeua
Crenen
9.000 9.200
Zoduua
9.200
8.200
8.200
1.000
l00Vo
H3 yroBopHl{x
KAPLAN PUBLISHING
171
flpr,rxo4lr, pacxoAu H A06r.rr npr,r3Harn y 6r,uaHcy ycnexa 3a oBe rpu roAr{He r,r3rneAajy
OBAKO:
,[o
daaac
Ilpusualiio
llpusuaiiio
iipefixoduat y
Zoduuatn
1.
eodurua
$000
$000
ulercyhoj
Zoduuu
$000
2.340
2.093
2.340
247
247
[o6ur
2.093
2. 1oduaa
llpro<orur (9.200 x 0,74)
Pacxogn (8.200 x 0,74)
6.808
2.340
4.468
6.068
2.093
3.975
740
247
493
[o6nr
3.
Zoduua
Ilpuxoan (9.200 x
1,00)
9.200
6.808
PacxoAr,r
8.200
6.068
2.392
2.132
[o6ur
1.000
740
260
Ilpuarcp 2
I,Isno[av je 4orlao ao xpaja npBe roAr.rHe paAoBa. CsH rLerosu Hacranil yroBopHr.t
Heo6asJbeHe paAoBe.
Craryc
I6eroBr,D(
l.
VZooop
v
llpnsnar
$000
$000
$000
T
y
$000
yroBopHr,r rrpnxoA
145
520
380
200
ll0
450
350
250
[IpusHarr
oqeKr.rBaHu ry6uqr.r
3a [pu3Hare
ry6rrre
--:
40
35
70
30
{90)
ll0
510
450
250
ll0
450
350
250
60
100
145
520
380
200
tDarrypucarre no Qasaua
100
520
380
Yronopuu rpolIrKoBr,r
HacraJrr,I
y AaroM rrepHoAy
flpuruseuu
172
aBaHcH
45
-80
-_
20
E
y $000
55
55
30
0!)
'45
y $000
1.300
t.215
70
l5
100
55
Yrcyiiuo
1.420
t.215
205
55
1.300
180
55
1.235
-25
6s
125
MPLAN PUBLISHING
3M14XE
t/'l
yTOBOPI4 O
h3fPMFbt4: nOmABIbE 10
y
YronopHr,r npuxoA [pu3Har Kao fipnxoA y AaroM nepuoAy
$000
L300
[Ipur'rlseuu
1.435
t25
aBaHcH
220
- rrpxKa3aH rao
l,IsHocr,r
(20)
o6anega
oBaKo:
AEIITE
y $000 y $000 y $000 y $000
510 450 250
ilo
VrcyEno
$000
$000
100
1.420
35
70
30
OQ
G0)
15
145
580
480
160
70
t.435
tDarrypucame no Sasaua
100
520
380
180
55
t.235
llorpaxclnana oA I(yflaqa
45
60
100
l5
220
3a npu3Hare ry6nrre
(20)
(20)
* Hailonena: I,IsHoc o6eroAameu 3a AocaAaurbe yroBopHe rpouIKoBe je rcrn Kao I,t H3Hoc
sa rexyhu flepuoA jep ce o6e.nolarbuBama oAHoce Ha npBy toAHHy paAoBa.
3axruyvax
IAS 2 nponucyje pavyHonoAcrBeHu [ocryrraK 3a 3irrruxe. OurosHo rIpaBI,Llo je 4a sarnxe
rye6a ga ce speaHyjy uo uuxoj oA ABe BpeAHocrLI: na6anHoj I{nI Hero ocrnapunoj
BpeAHocrr{. IAS 2 Aaje y[yrcrBa 3a Haril,IH Ha rojn ce AoniBI{ Ao sa6anue BpeAHocrI'I
3aJII{Xa.
hTAI-bA 3A
I t/r.{ Hy
NPOBEPY
N
rcrpa,q}bH.
Koja rpu MeroAa il3paqyHaBaFba Ha6aBHe BpeAHocrt4 3anuxa ce o6pafyjy y IAS 2? (1,2)
MPLAN PUBLISHING
(2.41
173
UCn HTH
Epogorpagunuure
NNTAFbE
ncnilT
TNNA
bp0A 3a
pu6onoa
y
Vroaopxa qexa (Quxcua)
fiaryu nouerxa
patqoBa
llyTHt4qKn
rpajexr
$000
y $000
3.000
5.000
1.
1.
orr.
orr.
20X0.god, 20X1.god.
fleo pagoea 3aBpueHnx roKoM roAuHe
xoja ce saBpu[na 30. cenrer.l6pa20X1,
30%
$ooo
Hyna
$000
20X1.
cenreu6pa20X1.
900
Hyna
800
Hyna
650
Hyna
cenreu6pa20X1.
fleo pa4oaa
20X1.
1.300
25%
45o/o
$ooo
$ooo
750
2.250
700
2.250
580
1.900
790
3.400
@airyprcaro Kyn$/
ToKoM
14
3aBpueHhx patqoBa,
Og Bac ce 3axreBa:
(a)
[a uspavpare
y IASB Oxanpy
ueaeuaja
yroBopa.
(14 noexa)
(Oxaupy) ce eQerruaxo
0g Bac ce 3axreBa:
B) fla o6jacuure KaKo ce geSuxuquja ynorpe6ruex ay Oxaupy Moxe ucKopr4cn4Tu 3a npaBAabe
3axreBa IAS 11 Yroaopu o usrpaA,bu y Be3[ nph3Haaarua ry6uraxa y Ayropor{Ht4M yroBopilMa
r{r,lM ce oHH npeABuAe,
(6 noexa)
(Yxynno: 20 noena)
OdZooope Ha ooa Euiiiarca nocrce4ie uahu
174
y oilenrcy
KAPLAN PUBLISHING
3MI/XE
HA
AKTT4BHOCT 1
OA;OBOp
yfOBOPt4 O
rsfPMFbLl: flOffiABTLE 10
(6) Bpegxyje ce no Hero ocreapuaoj BpeAHocrH, ro jecr no $15.900, nouro je oHa Hilxa oA
Ha6asHe BpeAHocrtt, (xero ocraapuBa BpeAHocr = lroBopHa qeua, $18.000'yleuhe
npegyseha y rpour KoBt4Ma uo4uSuxoaarua, $2, 1 00).
KAPLAN PUBLISHING
175
h Cn
176
nTHll
MPLAN PUBLISHING
l-lorrraBrbe
11
NOBE3AHE CTPAHE
CAA PXAJ
NOTIIABJbA
IA
IA3BEIUTABAI'bE NO CETMEHT}IMA
1. Tpaxcaxquie roBe3aHnx
crpaHa
2. IAS 14 llsaewraaa,he no
CETMEHTUMA
[umeen
Ka4a sanpuure oBo rroDraube rpe6a aa Were Aa:
o
.
.
o
.
[o
cerMelrruMa
noAHerH y usneurajy
.
.
y cK,raAy ca IAS
14
usneurajy tro
cerMeHTr,rMa
cerMeHTHMa.
AEOyr
H r4;LINJA
KOHTpOnOM.
saiegnuvxou KoHrponoM.
].
Cr',rarpa ce Aa cy ABe crpaHe rroBesaHe axo jegua crpaHa Moxe Aa KoHTponrue Apyry ilJIH
npuu suavajaH yruqaj HaA ApyroM crpaHoM, ilnv cy o6e crpaue no4 sajegunvxot'.1
BA)KHA
HANOMEHA
Ogxoc noaesaxux crpaHa
Moxe ]rTHqaTH Ha
QuHaxcujcxy nosnqujy u
pesynraTe nocfloBaba
npegysefia.
ytullarr
Ha Quuaucrajcry nosnur,rjy
u p*ylnare
pas.rrra6yjy
6nm u
6ra 3aBI,IcHoM
MPLAN PUBLISHING
177
oBy po6y. Oso Moxe 6nru c4"raj Ka,qa MarfiqHo npegysehe ,,cpefyje 3aBHcHo
npeAy3ehe D sa npoaajf'.
BAXHA
HAnOMEHA
l'lpertla IAS 24
sa,,eea
ce
o6eno4amuaarue I crpane xoje xourpo.uuuy, l,tnu lax KoHrpon]rue npegysehe roje no4uocl,r usneurraj
unQopuaquja o ogpefexuu
Be3aMa il rpaxcaxqujaua 2 crpaue nog saje4HuvKoM KoHTponoM ca rrpeApeheu xoje noAHocH nsneurraj
noBesaHHx crpaHa'
3 npngplDKeua npegyseha (raxo je 4eQr.rHncano y IAS 28 Ytazarua y ilpudpycrcene
euniuiiieiiie) npegyseha xoje no4nocr nsneuraj
4 sajegHrvru.r
3l
Yqewha y sajeinuurcat
yturlaj
HaA
ApyroM, wrw ce
Ha.rra3e
Kao
noBe3aHe crpaHe ocr,tM aKo ce He 6n noKa3a.Jro Aa,(upeKrop Moxe Aa ymqe Ha rronllTgKe
o6a npegyseha y ILHXoBHM iajegunvxlru rrocJroBHMa.
o
.
.
.
oAJrHKa
npyxalbe
HJIH
JrH3HHf apalDKMaHI{, Ha
3ar(yrrHr,rHy uILfi He
.
.
o
o
o
r,IMe npaBHor
,rrula
yrrr],/-
Apyre crpaHe
BAXH
Ofleaodanuearue rcouilpoae
HAnOMEHE
Ka,qg npaano nuqe, xcje
noAHocr4
usaeuraj,
178
srpaHa
Kaga nparuo rnaqe, xoje roAHocH nsneurraj, KoHrpoJrurue HeKa Apyra crpaHa, rpe6a
o6eloAasrmu nocrojarre rroBe3aHux crpaHa, a axo je ra Be3a 4pyravuja, rpe6a
o6elo'qanrrrr xpajny KoHTpoJIHy crpaHy'
ona o6e.qoaarrmama ce ruopajy Bprrlfir,r 6es o6snpa Ha ro Aa rm cy nocrojale 6uno xarce
TpaHcalq,Ije o6anune usuefy crpaHe roje m,ra KonrpoJry I{ [paBHot mua xoje noA[Iocla nsneunaj.
MPLAN PUBLISHING
BAXH E
HANOMEHE
Haxnage ucnnaheHe
Krbr{HuM pyKoB0Au0qt4Ma ce
uopajy o6enogaxuru.
Axo cy usuefy noBe3aH,lx
crpaHa o6aenaHe
rpaucaxqrja.
o
.
o
.
.
Axo cy usrtrefy noBe3aHux crpaHa o6asJbaHe rpascarquje, npaBHo .uuqe roje troAHoctl
usneuraj rpe6a ga o6eroAasn rpHpoAy uese roja nocroju usr',tefy [oBe3aHHx crpaHa Kao
r,r Bpcry o6anrsenux rpaucaxquja lt [oAarKe HeorrxoAHe 3a pa3weBar6e Qnuaucujcxux
nsneurraja.
.
.
nr.r
je ca rpaHcarclnja
olrHc rpaHcarqr{a
H3HOce
u cflopHa
cwIbHBa
o
-
usueruraja.
TpaHcaqnje ca
cJrlrrrHrD(
rpaHcan4aja npeMa Bpcfl{ noBe3aHe crpaHe) ocHM aKo Hnje Heorxoguo HlM ce 3aKoHoM
3axreBa o6eroAanusarre noje4nnauruax rpaucaxryrja, wrv noBeaHux rpaucang,rja ra
pa3weBarba yrfiqaja rpaHcarcprja Ha QnnaHcnjcxe usneurraje npaBHor mqa xoje H3Be[rraBa.
Hexe rpyne npe4yseha ycnajajy ronrrr,rKy npeua xojoj cBe rpaHcaKrluje ynyrap rpyne
lropajy Aa ce o6ase noA HcrHM ycnoBuMa Kao rpaHcaKrluje ca npegysehuua BaH rpyfle, To
jecr no qeHaMa "He3aBHcHe" rpaucaxqraje. Taxse rpyne Mory xeJlerr,I Aa nyreM HarroMeHa
yr Suuaucujcxe usneruraje o6asecre KopHcHHKe o ocHoBr,r rleHa 3a nlahama yHyrap
rpyne. Ilperrra IAS 24 ro je 4osnoneHo, noA ycnoBoM Aa ce oBaKBa HanoMeHa Moxe
[oTKpenHTH.
1.5 l4sysefia
Caeleha Jrr,rua He npe4crannajy Hy)Klro rroBe3aHe crpaHe:
[rro
sajegHrurcru noAyxBaroM
r
.
.
.
.
QuuaHcnjepra
CHHAHKATH
KoMyHtuIHa npe4yseha
ApxaBHH opraHH
u clyx6e
KAPLAN PUBLISHING
179
BAXHA
HAN OM E HA
re rpaucaxquje no
qenu.
ogronapajyhoj uesanncHoj
Mehyrr,rM, KaKo ce HaBoAr,r y jercroj cryAnju, 'vecro
je uenoryhe ycraHoBHrr,r rojn 6u 6ulu ycloru 6ulo xoje HBaBHcHe rpaucaxquje la
ce o rcoj nperoBapano y oKBr,rpy He3aBr,rcHe rpaucaxquje, jep uo>44a uncy o6anrseue
HI,rKaKBe ynopeAnBe rpaHcaxqnje, u y cBaKoM cJry.rajy, rpaHcaxqr,rja ce MoxAa H[KaAa
He 6n uu o6anua Aa ce o moj nperonaparro Ha apyray[joj ocHoB],r'.
Kop[roBabe
$uHancrjcxux r,laBeunaia
ga 6u ce rpaxcaxquja
oApa3una Kao Aa ce
o6asHna ca He3aBHcHoM
rpefiou crpaxou; unu
O6enoAahbHBatbe
rpaxcaxqrja u aesa
noBe3aHHX CrpaHa.
Kao pe3ynrar [oMeHyre noreuxohe, nperrla IAS 24, xao u npeMa ApyrHM
paqyHoBoAcrBeHHM craHAapAHMa y cBery, 3axreBa ce caMo o6euoAamsnarne
rpaucarqrja I,r Besa rroBe3aHux crpaHa; He Bprxu ce HHKaKBo KopuroBalLe BpeAHocnl
flpr,r3Harnx y Qunano.rjcxnu usneurmjuua.
rroBe3aHr,rx
Ha npnuep,
saBr,rcHo npegysehe
Ilpuuep
flpe4ysehe T noce4yje 80% saswcHor npe4yseha X. ,(uperropn npe4yseha X cy A, B, C u
D. Kojn oA cleAehux cy noBe3aHe crpaHe npe4yseha X?
1 V, xoja unje leo T rpyne, au,uuwju 4upexrop je A.
HaA X.
K uoxe
A EO tAHtAUNJ A
Yxa nopoguqa o3HaqaBa
oHe qnaHoBe nopoAr,rqe 0A
xojrx ce Moxe
oqeKuBaT!4 Aa
yrHr{y Ha unH Aa Ha fbilx
THM
npaBHhM nriqeM.
180
MPLq.N PUBLISHING
11
BAXHA
HAnOMEHA
_
uBpxa HHQopMaqHla Aarlx
no cermexrnma je
o6ea6eluearue
uH$opuaquja
o npegysefiuua xoja
HeKonuKo
.
nocnyiy y
AenarHocrr,r
HeKonHKo reorpa$cxux
o6nacru ca
.
cronaMa npoQnra6unxocru,
o6aanajy
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14
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ro
cetMeHruMa, H Aa
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2.3 fleSnnHqnie
IAS 14 caAp)rq HeKoJrr{Ko Ba)rcrr{x 4eQnuuquja.
[Eot4
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llouoeau
ceilwenut
jacxs
npouseo4ruou le4Hor
npou3BoAa Hnh
np)fi(abeM
rpyne
cpoAHr4x npol,13BoAa
yicnirauxolu ie
ilnh
no4noxaH cpoAHH
nphHocuMa .
pa3nhqHTHM 0A oHHx y
.
ApyrHM nocnoBHilM
cerMeHrr4Ma'
.
.
.
prcuKyu
IGPLAN PUBLISHING
cy:
Vnfi
181
AEo
lr1
H t4 Ll rru
l-eorpaQcx, cernerr
jacto paonurur
Aeo eHrrrera xojr ce
je
cacra8Hu
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14
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reozpa$crcu ce-?ruehtu
npou3BoAlboMnpoh3BoAa yApyrHMeKoHoMcKr,IMoKpyxelbuMa.
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npwarbeM ycnyra y
eKoHoMcKor
noce6uou
oKpyr(eby u no,qnoxaH
pusuKl tA npHHocy
je
.
o
nocnyjy y gpyruu
o
eKoHoMcKr.rM oKpyxerb,Ma.
.
Ceruexr o KoMe ce
usaeunaaa je nocnoBHr4 unH .
reorpaScxu ceruexr sa xoju
o
ce crax,qapgou IAS 14
3a
cacraane genoae xojtt
pa3nuqlrToM OA oHHx
eaxreaa
o6enogabuBabe
CJI}ITIHOCT eKOHOMCKI'IX
H IOJIHTI'IqKHX yCnOBa
6n'IgllHa nocJloBal6a
clerlHjanHH prI3I{U[ noB$aHH ca nocJroBa]Leu y noce6Hoj o6lacrr
tlponl,IcH o 4enusuoj KoHTpon[
n.u^Duil
m,*u pI'ISHIIH'
tvetrtttt
ocHoBHlI p,
BaIrym[I
uxSopuaqula o cerMeHry.
AEO14Ht4qt4JE
Ilpnxog no cermexry je
y 6unaxcy ycnexa
xoiuje4rperrHonpunucuB
r
cerMeHry
peneBaHraH
Aeo
'
ocHoBl4qu
Moxe afloqr4paTu n0
paayuxoj
npogaje
eKcTepHHM KynquMa HnH 0A
no ocHoBy
rpaxcaxquja ca ApyruM
cerMeHruua Hcror eHTurera,
eHrl{rera xoju je
u xoju ce Moxe
IIpnxoA
'
.
11o
cerMeHTy He yrrryryje:
llpuxol ro
Pacxognoceruenryie
pacxog xoju npoH3r4na3il u3
nocnoBHt4x
aKIHBHoCTH
cerMeHTy
npunHcaru
AupeKrHo
cerMeHry H peneBaHTHH Aeo
pacxo4arojrauoxe6rru'
napasyunoj
cerMeHry,
yr,rby,{yffir4 pacxo4e xoju ce
anoqrpan
ocHoBHqH
oAHoce Ha npo4aje
eKcrepHr4M KynqHMa
rrcror eHTltTera.
Ha
o
cer*eHr,Ma ucror eHrurera
.
pacxoAe xojr ce ogxoce
rpaxcaxquje ca ApyruM
o6anesy
nlaha6a
KaMaTe
182
KqPLAN PUBLISHING
flOBE3AHE CTPAHE
ollllrre
14
h3BE[UTABAI-bE nO CETMEHThMA:
nOmABrbE
11
Cerueurarua
flprrxoAa
r,r
aHaJrH3a
pacxoAa.
BAXHA
HAnOMEHA
llpunuxou yrapfiuaarua 4a
Ha
o
nHceoHeKoMcerMeHry o
u3BeuraBa, ycaaja ce
npaauno o 10%.
o
10 Vo o!,
l0
HJIH
KoMe ce H3Be[ITaBa.
CerueHr vujn cy [oKa3areJbr,r HcttoA flpara ol l0% r.r unje o3HaqeH Kao cetMeHT o KoMe
ce l,r3BerrrraBa, Moxe ce xou6uuonaryr ca ApyrHM crHqHHM cerMeHToM. Axo ro Huje
uoryhe, yxrspyje ce Kao HeanoqprpaHa ycx.nafyjyha craBKa.
aHaJrr,r3oM ce Mopa o6yxnarrrn Hajua6e 75vo yrcytuor KoHconHAoBaHor
rrpHxoAa npegyseha. Axo je yKyrrHr,r s6up ceruenara o xojuua ce
I,I3BeuITaBa Malrlr oA oBora, uopajy ce u4euruSuKoBaru AoAarHH cerMeHTH, qaK H aKo
He 3aAOBOJbanajy npanulo l|vo, AoK ce HajuaBe 75vo npuxo(a He yKJb) rI,I y
cerueurarnoM
flprlxoAa
HJrr,r
ceIMeHTaJIHy aHanH3y.
KaAa cerueur no [pBH nyr flocraHe cerMeHT o KoMe ce H3BerrrraBa, y[opeAHe 6pojxe sa
cerMeHre ce r'ropajy KopHroBarr,r Ia 6u ce yKJb) rHo H HoBH cerMeHT yxoruro je ro
H3BOAJbr,rBO.
Yxormxo cerMeHT o KoMe ce nperxoAHo r,r3Be[rraBaJro na,qHe I{c[oA flpara ol, llVo, ou ce
MOXe H AaJbe yKJbrrr{BaTH KaO CerMeHT O KOMe Ce U3Be[rTaBa aKO pyKOBOACTBO CMaTpa Aa
je ro
r,r
4arre suavajHo.
BAXH
H3BeuJTaBa
HAnOMEHE
ocHoaHuua6oproiurpe6a
u
IGPLAN PUBLISHING
183
nCnnTHn
n PEflM ET
: ol4 HAHC
14
JC KO t43BE lxTABAl-bE
3a
;:i:Hr#Hrttr;'
npuuapxy$opuY'
l-eorpa$cxa aHanusa ce
Moxe paAuTr4 Ha ABa HaqHHa
noxaquin
cpeAcTaBa u npMa
noxaqniu Kynaqa'
npema
Bpcrr,r AeJrarlrocrn 3a
.
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loxaqujr
uln
ycnyraua)
cpeAcTaBa
Ctaaxa
aHanrca
aHanffia
- eKcrepHu
llpuxo4 us Apyrilx
cerMeHara
cerMeHTilMa
ry1max
Auoprusaquja
[o6ur unu
Bugerr,t xanoueuy
v
v
t
auoprusaquje v
noAyxBara
BaxPe,He craBKe
.t
unu sajegxuuKux
o6eno4arunaarue
3a cBpxe npuMapHe
aHanu3e ce
noAcTuqe, aflu ce
He SaxTeBa
VrynxanocnoBHacpeAcrBa v
Tpouxoan cTilqarba cranHux cpeAcraBa y nepuoAy v
v
Vrynue nocnoBHe o6asese
v I
,t I
Bugerr
xanoruexy 2
unu saje4xuvxe
noAyxBare
O6eno4aruuearue sa
cBpxe npuMapHe
Toxosu roroBuHe
l4saewaju o
TOKOBilMA TOTOBUHE,
Haiioueae
(a) Axo je npuuapHa aHa.Jrr,r3a BprxeHa npeMa rrpou3BoAy HJrr{ ycJry3u, ceKyHIapHa
aHarrH3a rpe6a la ce Bprxu flpeMa loraquju Kyflaqa.
aHarrr,r3a
la
la
wv
ycty3ri, ceKylrAapHa
184
MPLAN PUBLISHING
,[pyZa ofiuodaftuoaba
o
o
vcraa[lrBarte
H ycJryre
cBaKoM CerMeHTy.
leorpa0cltlt ceIMeIrrE
HAN OM E HA
Parymoaogcreexe
aHam'I3y t*lopajy
6utuurre
Ilpousrogn
BAXHA
ceruerT.rnHy
uopajy
aHErnuay
Kao u noflt,truKe
KaKO noAaqr,r
Qunaroajcxe usaeunaje.
Ilpulaapxa aHanH3a
od
Ilpouseodu
ilaEupa
Kaut4etapujcrca
oipetn
llsdaaauilieo fipyla
20x2.
y $000
55
5020t7191677
cerMeHrnMa
15
l0
t0
t4
npnxoA
70
60
30
3l
no cerMeHrxMa 20
t7
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ExcrepHa
rpo&ja
$000
$000 y $000
Eaunuuucatw
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20x1.
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$000 y $000
20x1.
y $000
Ilpoaaja r'refiy
YrynaH
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nocrroBama
PacxoA Kar{are
llpuxoA oA KaMare
Yueuhe y Hero
Ao6lrrn npulpyxeHux upe.qpeha
llopesr.r Ha Ao6nrax
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155
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IIpHAp]DKeHa
npe4yoeha no
MeroAy
y4ena
t2
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Hepacnopefeua
KOpnopaTr.rBHa cpeAcTBa
Koucorr,rgonaxa
yralrHa cpeAcrBa
MPLAN PUBLISHING
185
cerMeHruMa 25
It
15
Hepacnopefexe
Kop[oparr{BHe o6aseee
42
35
40
55
Kouconnqonaue
82
yKlmHe o6asege
KanurarHn
H3AAIII,I
Auoprusaqnja
t2
97
ru
l0
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pacxoAH ocHM
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Odjawruerua
Osle
- aaiioneae
r{MaMo
rpl{
cerMeHTa
,npyra
o6yxnam [peocraJlu
MIIJII,I
20x2.
$000
19
Benuxa Epnranuja
yuuje
30
[pyre ser'r.rre Enponcxe
28
KanaAa u Cjelurreue Auepuvre,flpxane
6
Mexcuro u Jpcra Altepuxa
JyroucrovHa Asuja (upenacxoAHo Janau n Tajnau) 18
20x1.
$000
22
3l
2l
2
14
*;
llolaqu o cpeAcrBI,IMa rpeMa reorpaQcxoj lorarytju:
Krouloeodcileeua epeduocut lloeehoroa uercpeiiiuuuo,
cpedciliaea ceZtteuuta Eoc[tpoieruo u oipeile
u HeilawepuJat$e urneuHe
20x2.
EprraHuja
ser'rrue
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Y $000
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I,Iugouesrja
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72
$000
78
20x2.
$000
20x1.
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37
34
20
22
20
155
24
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186
20x1.
KAPI.AN PUBLISHING
BAXHA
HAN OM E HA
Mehymu, noAarKe o
Io4arxe o cerMeHrr4Ma
rpe6a ryuavrrr y3 onp$.
[/axo ce y IAS 14 nppxajy
HeKa ynrrcTBa, y npaKcu
onpil:
cerMeHTe oApebyiy
AHpeKropr4.
3axruysax
llpeua IAS 24 3axreBa ce o6ero4arulBalbe oAHoca u rpancaxqlrja noBaHHx crpaHa KaKo
6u ropuculrx QnuaHcujcxrax nsoeurraja Morao y npanoj Mepr,r Ia pa3we rpancaxqrje
npaBHor
ilTAI.bA 3A
Il t4LtHy
NPOBEPY
fla
nt,t ce
cerMeHln (2.5)
Koje cy npr,lrr,rapne u ceKyHAapHe nmuqHje 3a o6enoAalbuBalba KojH ce 3afieBaiy npeMa IAS
KAPI.AN PUBLISHING
e.7)
187
HTAI-bA
NCN HTHOT
TH NA
N
llpegysehe "Ace"
IAS 24 O1enogannea$a noBesalux crpaHa o4pefyje Mepy y xojoj rpe6a o6eno4aruuaarn
rpaxcaxquje noBesaHux crpaHa.
Ha gau 1, anpuna 20X7. roguue, npegysehe "Ace'je noceAoBaflo 75% axqujcxor Kanurana
npe4yseha "Deuce' u B0% axqujcxor KanuTarra npe4yseha ,Trey". Ha 4au 1. anpuna 20X8,
roArdHe, npe4ysehe "Ace'je Kynuno npeocranux 25% axqujcxor Kanurafla npegysefia "Deuce',
Toxou nepuo4a oA ABe roAuHe xojm ce saBpur4o 31. uapra 20X9. roguxe, usuefy rpu npegyseha
cy ce o6asune cnegehe rpaxcaxquje:
1. Ha 4ax 30. jyHa 20X7. ro4uue, npe4ysehe
Qarrypy 31. aarycra 20X7. roguue. l-lpe4ysefie 'Deuce' je auoprusoaano MauilHy roKoM
ibeHor npeABufieuor exoxol,rcKor BeKa rpajarua oA ner roAhHa, o6pavyuaaajyhy aruoprnsaqujy y
roAurutbeM il3Hocy u 3a roAilHy KynoBuHe.
2. Ha gau 30. cenreu6pa 20X8. roAuHe, npegysehe "Deuce" je npopano po6y npe4ysehy "Trey'
no Sarrypncaxoj qexu oA $15.000, l-lpe4ysefie "Trey" je nnaruno Sarrypy ua gau 30.
xoaeu6pa 20X8. roguxe. flpousao4rua po6e je npegysehe "Deuce" Kourafla $12.000, Ao 31,
uapra 20X9. roAuHe, npe4ysefie "Trey" je npogano cay po6y eKCrepHuM KynqhMa.
3, 3a nepuog oA ABe roAuHe xoju ce 3aBpull4o 31. uapra 20X9. ro4uxe, npegysehe "Ace" je y
caaxoj ro4unr,r npyxaflo ycnyre pyKoBoferua npe4ysehlua "Deuce" u "Trey". [1pe4y3ehe "Ace"
uuje xannaruno oBe ycnyre y roAhHrl xoja ce 3aBpuJhna 31, uapra 20X8. rognHe, aeh je y roAuHH
xoja ce 3aBpuuna 31. r,tapra 20X9, o4nyuurno Aa ucnocraBu paqyH o4 no $10.000 no roAlrHr4
cBaKoM npegysehy. l4strocu oR $10.000 4ocneaajy 3a Hannary cBaKoM npe4ysehy 31. uaja 20X9.
roAuHe
Og Bac ce 3axreBa:
(a)
(6)
noBe3aHux crpaHa.
(6 noexa)
rparcaxquje (1) go (3) us nperxoAHor reKcra sa OEE roAhHe xoje cy ce saBpuune 31. uapra
20X8. ro4uxe u 31, uapra 20X9. ro4uHe y Qunaxcurjcxuu usseurajuua npegyseha "Ace",
'Deuce' u "Trey'.
(14 noera)
(Yxynno: 20 noexa)
OdZooope Ho
188
MPLAN PUBLISHING
IlorrraBrbe 12
n Ph 3 HA BAI'b E n
PU
EI I}TFORIIIATIKA d,G.
XQ[Agutuun
AKtlt4JCKl4 KAnilTAII
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NO[NABJbA
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1. Bpeue np[3HaBa]ba
14
PE3EPBE H
HCTPYM EHTI4
npuxoAa
2. Pesepaucarue us IAS 18
llpuxogu
3. fipaauna 3a pacnoAeny
go6rrn
4. Euncuia u
peoprannraquia
axqnjcxor Kanhrara
norBpnA o saiuy
5. Eeugearnpane
rpaxcaxquja
orxyna/xynoarxe axqnia
6. IAS 32 Onxaxcujcm
nHcTpyMeHrv,:
npesema4uja
7. IAS 39 tDuuaxcnjcxu
V onou
nHcTpyMeHTn:
[uruean
npu3HaBa,be H Mew,re
8. IFRS 7 @nxaucnjcxn
uHcTpyMeHTu:
o6enogaruuaana
.
o
o
o
o
o
o
o
(rasysen
gepunarnra)
y rrpou3BoAHoj genaruocru:
o
o
r
o
o
.
.
t4s surw<a
KAPI.AN PUBLISHING
189
uoxe 4a rpaje
HeKoJrHKo
roAHHa.
1.2 Peanusaquia
O6H.rHo ce nopajy HcuyHurr,r ABa ycnoBa Aa 6u ce rplrxoA Momo rpn3Haru (ro jecr
npnjanuru y 6mancy ycnexa).
BAXHA
HANOM
[a
HA
6u ce Morao npu3Hartr ]r
meprrr
y3 npoBepy.
AKT14BHOCT
1 Ha gax 1, orro6pa 20X1. ro4uxe npe4y3ehe je npuuuno yHanpeA yKynaH u3Hoc npernnare y
Br4o4Hr4 oA $288.000 3a u3Aaba jegHor vaconuca sa nepuoA o4 12 rlleceqr,t. Ha xpajy roguHe, To
npeAy3ehe je o6jaauno u nocnaflo rpr4 oA 12 uegarua. Vxynxu rporxKoBr,r npor4sBo4tte je4xor 6poja
qaconuca cy npoqelbeHh Ha $20.000.
1.3
Aona3r.r ce Ao
KaAa ce
rrprD(oA npnrxaje.
rcy-u4a
l,t,ltu
jaro
BaxaH
uu
Aa
cuposwru
Y nehusu crryvajena,
BAXHA
HAN OM E HA
V perxuu oKonHocrr4Ma
KynoBilHa po6e je
goralaj npuxoga.
xruyrnr
190
KAPI.AN PUBLISHING
14
HANOMEHA
V
gyruu
Jelau uoryfur
BAXHA
npoH3BoAHHM
npoqecuMa npHxoA ce
npusxaje y $asaua.
4,
Haro je Aocra HeH3BecHocrI{ y uHK,Iycy HJII,I peuleHo vIM ce onpaBAaHo Mory oApeAI,IrI,I y
ouoj Qasu, Kyflau ce o6H,IHo HarIa3I{ y nosnquju Aa Moxe Aa orKaxe uapyg6uHy. Taxo Aa
sehuHa npeayseha He cMarpa ony Sasy KTsyIHHM gorahajeM uuKrryca.
5, fiasa: Ilcfropyrca po6e rcyiluy
BAXHA
HANOMEHA
Befiuxa npegysefi a rpen,tpa
.
o
o
ro
Mefiyrnu, sehuHa npegyseha oBo rperupa Kao K,6fIHI,t aorahaj N npnsHaje npuxo4 y oroj
TayKH. ,(o ore $ase, cne npeocraJle Heu3BecHocru ce o6[.IHo Mory I,t3pa3HTH
KBaHTITaTIBHO Ha OCHOBy IIpeTXOAHOT UCKyCTBa.
6. fiasa:
BAXHA
HANOMEHA
tlpogaia xa xpegnr o6urxo
ue 6u o,qnarana npu3HaBabe
npHxoAa, anH y HeKUM
oKonHocrr,rMa
uoxe 6urn
y
Hauaiia
TaKBr,rx crryvajena
rpeHyrrry npHfriaha
roToB]lHe.
uu
roje
3a
Hauara
Mano 4pyravuja crlryaqlrja ce janisa KaAa Kynau HMa upaBo Aa Bparn po6y y ogpefieHou
pory (Ha npr,rMep rpr,r Meceua oA AaryMa fipoAaje). Ty nocroju jax aprp'leur 3a oA;Iara]be
npu3HaBarLa npoaaje Ao HcreKa oBor poKa. Mefiyrr,ru, mxofie rpe6a pasuorpl,Iru cyturuHy
rpancaxquje. Axo xynaq HMa flpaBo Aa Bparv po6y, alu y flpaKcu je ono ]InH ]I3y3erHo
Marro BepoBarHo l,r.rru ce HHKaAa Huje 4ecuro, raAa 6u npu3HaBalbe npo4aje npe HcreKa
poKa 3a npahame 6uro onpangaHo.
BAXHA
HAN
OM E
Kaga ce KopHcrH
HA
nplcryn
nocTeneHor npH3HaBalba,
npuxoA ce npnexaje roxou
KAPLAN PUBLISHING
wfi4 ce ycnyre npyxajy roKoM o,qpebeuor BpeMeHcKor nepuoAa. Kara ce Kopucrtt npl{cryn
rrocrerreHor lrpu3HaBalba, npllxoA ce npnsuaje roKoM jeluor BpeMeHcKor IIepHoAa, a He y
jeguorr.r rpelryrKy. Ou ce uoxe KopI,IcrI,ITI,I y cle4ehe rpu curyaqraje.
191
Pecypcu ce KopHcre roKoM jeguor nepuoAa, a Kao pe3ynrar rora ce ocrnapyje npnxoA. Ha
rrprMep, je4ua xounaHuja urHajursyje nuuar HeKperHr{Ha o4 l. jyaa 20X5. ro4uHe sa
roAurtby
roronnHe)
HJu.r
3a [p]IJ6eHe aBaHCe.
,\yiopouua ydooopu
Yronopu 3a r,r3rpaArby cpeAcraBa BeJrHKe rpeg,uocril, Kao urro je srpaga HIH nyr, o6l,I.rHo
ce nporexy Ha flep]roA oA HeKoJrHKo Mecequ. Ilpertra npHcryrry KJbwHor gorahaja npHxoA
ce ue 6u npu3Hao cBe Ao H3Bpuelba yroBopa, yrrpKoc qnrbeHr,ruu Aa ce oH ocrnapyje
roKoM nepr{oAa rpajarm yroBopa u mahama ce o6}r.rHo npnr,rajy no Qasaua xaro
H3Bpurelbe yroBopa uanpegyje. Buaasc ycnexa 6r crora oApaxaBao caMo pe3ynrare
yroBopa 3aBp[reHux y roj roguult, a He aKTr,rBHocrH yroBopeHe roKoM Te roAHHe.
14
HtA[tAJ A
npltMeH9tTH Ha:
y 6unaHcy ycnexa.
npo4ajy po6e
npyx(abe ycJryra
3aKynHHHy 0A
rcAaBaba
ynarabe.
.
.
.
.
'+
BAXHA
HANO M E HA
Ilpuxog rpe6a
ol npolaje.
MepHTH no
6utaucy ycflexa.
192
MPI.AN PUBLISHING
14
PE3EPBE
14
Axo ce nplrrruB
BAXHA
HANOMEHA
llpuxo4 o4 npoflpie po6e
rpe6a npnaxau KaAa cy
ucnytbeHh ycnoau xoju ce
npeHoc 3HaqaiHHx
p1.r31,!Ka
H Kopl{cTlr oA
.
.
.
BTACH}IIXTBA
npoAaBaq oAycraie oA
ynpaBrbaqKor y'{eufia
H3HOC npUXOAa
eKoHoMcKe KopHcTH 0A
rpaHcaxquje
HacTEIne TpolxKoBe.
saAosoJbeHr,r
lI
je 4a he exonoucre
BepoBaTHo
npfinacrr
rpoAaBuy
6nril
po6ou
oAHoce Ha:
rrropajy
nposaje po6e:
rIHKJryca [pou3BoAr6e
npo4aje y rou je npHKlaAHo np]r3Haru flp]rxoA oA
npo4aje, sacHr,rBa ce ua u4ejn KJbyqnor gorafaja, HaKoH vujer nacraHxa je onux ner
HaBeAeHHx ycnoBa 3aAoBoJEeHo. Kao urro cMo BuleJrr.r, sa npo4ajy po6e, oro je
yo6r,rvajeuo xaAa je po6a ncnopyrreHa Kyrqy H Kynaq rorrrr,rue orrrpeMHuuy o rtpuMarry
po6e y 4o6pou crarby.
Tpeuyrar
BAXHA
HANOMEHA
o
.
BepoBaTHo
Moxe
MepI,ITH
npegysehe
143HOC
eKoHoMcKe KopHcTlt
npHXOAa
noBe3aHe ca AaToM
rpaucaxqnjou
Qaoy usapuerua
rpaxcaxqrje Ha AaryM
o
.
3aAoBoJbe,
re rpaHcarqnje ce
6lrnaHca crarua
HacTane TpolrJKoEe.
ol
nplDr(eHr,rx ycJryra.
Ilpunep
Ha Aau l.
jyra
3arlrM flpyxa ycnyre [oApuKe roKoM HapeAHe rpr,r roAHHe. I]eua yroropa je
$740.000. Tpouronn ycnyra roApuKe ce npoqerryjy na $60.000 roAHurbe a
npoQurua Mapxa npegyseha A sa raxas nocao o6nqso je 25Vo. llpegysehe A
cacraBJba Quuauclrjcre usreurraje 3a neproA lo 31. Aeueu6pa cBaKe rcAHHe. Koluru
npHxoA rpe6a npusHarr y SlrHaHcrjcxuu l,rsneurrajuvra 3a roAHHy xoja ce 3aBpuHJra
31. teqeu6pa 20X3?
MPLAN PUBLISHING
193
$
OAroxenu flpnxoA oA [p]DKa]6a yc[yra Mopa caApxatn yo6uvajeny npo(bHrHy Mapxy.
oA
100/75)240.000
500.000
740.000
20X3.
roru,rna llpuxog he
HsHoc]ffH
oA
ot
po6e
500.000
540.000
200.000
740.000
BAXHA
HANO M E HA
og Kauare,
raxruieua il A[B[AeHA]r
rpe6a npnoxarn xa,qa le
[1puxo,q
Ilpuxol rpe6a
BAXHA
HANOM
HA
flpegyeefie rpe6a ga
o6enogaruyje:
ycaojene
paqyHoBoAcTBeHe
nonHTuKe 3a npH3HaBabe
npnxoAa
xareropuiy nprxoAa.
npo4aje po6e
KAMATA
npyxarLa ycnyra
- raurujeua
mr ycnyra,
H3HOC
yrcnyqyjyhu
go6apa
roje o6yxramjy
yrurW$yfu u
flpyxarbe yciryra
xareroprie npIxoAa
AI,IBHACHAI,I
H3HOC npHXOAa
cBaKy
AKTUBHOCT 2
(a)
(6)
18
nocraJre xounnercHuje.
194
KAPLAN PUBLISHING
14
BA)KHA
HANOMEHA
Tpa,ququoxannu npncryn
npuxoAy Moxe
6HTH
HeaAeKBaTaH 3a nocrynafbe
y cnoxeHuM curyaqu,jaua y
rojuua xonepqrianxa
cyurrlHa rpaxcaxquje ue
Mopa Aa 6yge ucra xao
crpora 3aKoHcKa Sopua.
KlmoBHHe
re HeKperHnue, uoryhe je
.qa xoruepqr,rja.nna
cyturuHa oBe rpaHcaKrlr,rje yonurc Hnje npogaja Beh 3ajaM ocr,rrypaH nyreM re HeKperHlrHe.
I,Iaxo npegysehe A saroHcKlr Buure ue uocegyje ry HeKperlrurry, oHa v Aube Moxe Hocr{rr,r
Hcre pH3HKe r,r Kopr.rcnr roje 6u Hocr.rJra H Aa je Ir AaJbe 3aKoHcKH B,racHHK. Ha npmuep,
flpe.ry3ehe A je rrroxl4a w Aube cMerrreHo y roj srpagr,r r.r Kopr,rcrH je. Axo je raro, A jour
yrer e$errurnuo noce4fie ry r{MoBHHy r,r He Moxe Aa rpu3Ha npoAajy.
Jour serc,r npHMepH xoju 4euoucrprrpajy KaKo ce flpeMa nocrojeheu IAS l8 oA npeApeha
3axreBa Aa ysMy y o6sup cyurruHy rpancarqr,rja, a He caMo IbHxoBy 3aKoHcKy Qoprrry
HaJra3e ce y je4Hor'r oA rrornaBJm y rojrua ce paspahyje trpuHuHlr "cynrrr.rua H3Ha4
Sopue".
BAXHA
HANOMEHA
llpucryn npy3HaBaby
npuxoAa IASB y Oxaupy je
opujexrucax Ha 6unaxc
cTaba. fioqerHa raqKa
npoqeca nplr3HaBaba
npuxoga je eQexar xoju
rpaxcaxquja unH Apyru
gorafaj ur,raly xa
u3BeuTa8abe o cpeAcTBuMa
u o6aBe3aMa npe4yaeha.
flo.rerHa raqKa flpoqeca [pr,BHaBa]6a rrpro(oAa je ynex eQexar xoju rpaHcaxq wja unu
4pyru gorafiaj ruajy ua r{3BeurraBarbe o cpeAcrBr.rMa H o6asegaua npegyseha. IIol
npemocraBKoM Aa HeMa HHKaKBoT AolpuHoca oA BJracHr{Ka (nonu ranuratt) uttu flpeHoca
Ha MacHHKe (pacno4era):
.
.
HJrH
CNHMI,IHI,IUIY,
pa3Jrr{rruT
ce yaehanajy, 3aro
AKTNBHOCT 3
H3Hoc npernnare y
qaconilca
Br,rcrdHr4 oR $288.000 ea usgarua jegHor
3a nepiloA oA 12 Mecequ. Ha xpajy roAHHe, ro
npeAysehe je o6jaar,lno u nocnano rpr4 oA 12 us4arua. Vrynura rporxKoBr4 npou3BoAbe jegxor 6poja
1 Ha
MPLAN PUBLISHING
195
3.1 Yeog
HAN OM E HA
pyKoBoAH
pacnopetuBabe
3.2 Peanusaqnia
V sehuHr.r 3eMzrJba je npnxoaheuo Aa ce Ao6ur Mopa peirrrn3oBaru aKo rpe6a ga ce
pacnoge.rr$e. To He Mopa Aa 3HaqH Aa je roronuua 3ancra H npr.rMJbeHa neh cauo 4a je
go6uru.
Konqenr peanusaquje 3Haqr,r Aa Ao6nru u.ura Ao6uuu oA ynarama HnH ApyrHx crarrHr,tx
cpeAcraBa rpe6a 4a ce pacfloAeJbyjy canro KaAa cy peanr,r3oBaHr,r trpurrrKoM npo4aje.
.(onylrarre pacloAene Hepealm3oBaHr,rx Ao6HTrr je onacuo, jep nuuax oA peBairopnsaunje
BAXHA
HANOMEHA
ce Moxe ttoHlrurlrrn aKo cpeAcrBo HaKHaAHo l,t3ry6u BpeAHocr, ailu jeguou ncuahena
Koxqenr peanusaquie
euavm ,qa,qo6uru unu
nprnrKoM npogaje.
BAXHA
HAN OM E HA
tlpegyeeha ce noBpeMeHo
ognpyjy sa Hcnnary
AHB[AeHAe aete og
[bHxoBe rexyte go6nru.
Axo ce ro ypa,qu oAroBopHo,
uHBecruropu xa ro rnegajy
Kao Ha sHaK eepe y 6y4yhy
noaefiauy npo$ura6rnHocr.
BAXHA
Ar,rBH.qeH,(a
ce He Moxe nonyhr,r.
BHAy AHBHAeHAe.
HAN OM E HA
V Herc,tu seurbaua ce oA
npe
go6uu.
BAXHA
HANOM EHA
Axo legHo npe4ysehe
euuryje 4ogarxe axqule
qnaHoBt{Ma 6es ilxaxaux
TpouJKoBa, n03HaTe Kao
axquicxe gnauAexAe y
Auepuqu unu xao 6oxyc
euucuia y Benuxoj
Spnraxujr, He BpUJH ce
npaBa pacnoAena.
npe npnnajarm.
BAXHA
HANOM EHA
ie i.epo np4ysehe
ocrBapr4no npe Hero uno ie
slKoHoc,t npunoiexo
gpyrj.
Tarca,qo6ur ce ue uoxe
pacnopetyaaru eefi ce craBrbay KanvnanHy p$epBy.
196
HaroMr,IJraBa
rc Hepacnopehene.qo6nr
KAPLAN PUBLISHING
PESEPBE
14
.
.
r,r3a3BaJra
norpe6y 3a npoMeHaMa.
AEOtAHtAqmJE
.
OAo6peHH aKqrjcKr4
KanHran je uaxcuuanxlt
usxoc axquicxor Kanurana
xoju npegysehe cue ga
euuryje.
AEOtAHtAqT{JE
floeefiatte Kan[Tana ce
noeehalbe arrrbra,.,ot.
axqujcxor xanurana go
ogo6peHor usuoca.
nosefiabe o4o6pexor
axqujcxor xanurana xoje
BAXHA
HANOMEHA
flpegysehe Moxe Aa cMatulr
caoj enrroaaxr axqrjcxu
KanHTElfl xopuuherueu:
nporpaMacMatbelta
KANUTEINA
.
.
axquja og crpaue
npe4yeeha.
Ao3BoJbeHo npeMa
AoKryerraquju o
ocHI,IBarLy.
.
.
.
\avx
3arllM orKlmH
BAXHA
HANOMEHA
6yffinocnr,
KAPLAN PUBLISHING
197
ElllTABAl-bE
Ha orKyrr,
foguna
Ctarue
na
5unanc
roAr{Ha:
ycnexa:
l4cnnafieuu
1.
2.
3.
4,
5.
(10o/o)
O1aaeea y
1unaucy
xana
roAnHe
Ha Kpaiy ro+uHe
v$
)/$
v$
v$
1.000
100
(5e)
1.041
1.041
104
(5e)
1,086
1.086
109
(5e)
1,136
1,136
113
(5e)
1.190
1.190
119
(1,250+5e)
ol
BAXHA
HANOM EHA
I-lpe4ysefie uoxe ga euuryje
Ilpegysehe Moxe Aa, aro je ro Ao3BoJ6eHo npeMa noKanHHM 3aKoHHua, euuryje orKy[HBe
aquje oAHocHo o6lrque unu fipllopr,rrerHe arqHje xoje ce.uory orKy[]rrH Ha HeKr,r
AaryrYr y 6y4yhnocru.
orxyn axquja, ro
6ygyhxoctr.
noBepHnaqa, qecTo ce
3aK0H0M 3iDCIeBa Aa Ce .
Quxaxcupa H3 npuxoAa HoBo
eMrlroBaHhx axqnja
unr 4a
198
6r,1 3HarrlrJro
o
.
'lurr,r
SuHaHcHpaH H3 lrpnHoca. uajHonnje elrucuje axqnja;
noKpHBeH Ns Ao6r,rrH xoja ce pacnogersyjy
Y npuoj crryaqnju,
[a
IGPLAN PUBLISHING
il
BAXHA
HANOMEHA
V xexuu 3eMrbaMa,
npegyeefiuua je sa6pameno
noceAoBalbe concTEeHllx
axquja. V
HeKUM ApyrHM
3eMrbaMa,
ro je 4oaeorueuo,
anu y3 0rpaHH'{e}ba.
BAXHA
HAN OM E HA
Peopraxueaquja crpyKryp
KanlTana A03BoIbaBa
npegyeehuua 4a yxanpefyjy
xou6uHaqujy pa3n[qhTHx
BpcTa KanHTana u
nnaHHparhe apeMexa
pacn0rr0xHB0cT!1 cpeAcTaBa.
- euowott{cKa pasuafupana
.
.
o
o
.
.
oArararbe
uru yfpsame
ucrrJraTa nosajunqa
fHanpefiemerapanqnjeQuHaHcuparm
[[rHHrH
y npeAysehe npnuavuujnu
Kojy o npeAysehy uuajy eKcrepHe crpaHe
r,rHBecrHpa]be
ro6oJbrxarbe cJrHKe
BAXHA
HANOMEHA
Spoixu cy pa3no3!r
r,te
xojux
HeKor Malor
npelyseha rourro oHe npyxajy rpur.rKy ynaralLa y jegHo npe4yseha 6es o6asesr.rBarta
Ha HHBecrr,rqujy y gyrou poxy (O6lrvuo je rp>rc,rure axqr.rja MzrJrr.rx npegyseha npro
orpauuveuo).
Ono ouoryhana npegysehraMa Aa cMahe yKynHe Hcuare Ar{BHreHA}r H Aa 3agpxe Hnr{
nonehajy Hr{Bo Ar,rBnIerun nojeAnuarrHuM aKrlr.roHapuMa. To sua.ru ga je nehu xsuoc
4o6Ilru pacflorroxr.rB 3a Ka[r,rraJrHe uHnecrnqnje xoje gonoge Ao pacra.
Muora upelyseha caAa BoAe nporpaMe aquja 3anocJreHr.rx. OrKynuse axqraje ce Mory
rroHoBo r(ytrHTH KaAa 3a[ocneHu Hanycre npegysehe.
a
a
MPLAN PUBLISHING
199
UCI]dTHA n P Efl
ET : Oh HAHC
Tl
JCKO
38 EtllTABAl-bE
HANOMEHA
norpe6e 3a HeKrM
cnequianxun
apaHxilaHrMa 3a
eB[AeHT]ipatue rpaucaxqrja.
rpaHcaxwrje
Axo cy aqnje
eMHToBaHe
apalD{G{aHHMa
no[rro
Aro arunje
n0BepHnaqa ce Mopa
3aulTt4Tt4TH.
r.r 3a
r,r3
Ilputep
36npnra 6u.naHc crama A r,r3rJreAa oBaKo:
y$
Hero cpe4croa
100.000
Axuujcxra KanlrtrJr,
llpeuuja
$l
no axurjn
Ha axqnjy
20.000
t0.000
PenalopnsaquoHr,r BlrrrraK
15.000
HepacnopeleHa Ao6rr
55.000
100.000
HaKoH
y$
Hero cpe4crna (100.000
30.000)
5.000)
70.000
15.000
5.000
PenaropusaquoHr,r BrtttraK
10.000
HepacnopeheHa Ao6ur
(ss.000 2s.000
5.000)
25.000
70.000
Hafroneua: flper'rnja Ha orKyn r'ropa 4ohn ug Ao6[rH xoja ce pacno4e.ruyje trourro arquje
Hr,rcy eMlrroBaHe
200
y cropnje
BpeMe.
KAPLAN PUBLISHING
14
BAXHA
HANOMEHA
Kanuran ce Moxe Bpar[Tr4
aKqt40HapilMa noA ycnoBoM
Pasnor I{3 Kor nocroje oBa orpaHxsema je Aa ce saurrre flpaBa noBepr,rJraqa. Kannran ce
MOXe BparHrH aKuHoHaplrMa rro.( ycnoBoM 4a ce Qong cpeAcraBa AocrlmaH 3a Hcflnary
[oBepHou[rMa (pesepna norepmaqa) ue cuarsyje Kao pe3ynrar orr<yna/rynonnue arqrja.
,[orcas
ga ce Qox,q cpe4craaa
AocrynaH 3a ucnnary
IIpe
noaepunaqa) xe cuaruyle
Kao pe3ynTaT
orxyna/xynoeuxe
Hero cpegcrna
axqr,tla.
rcyhoeuae
arcquja
$$
100.000
noBepilotluMa (pesepaa
go6unr)
rroBepnnaqa
Ynproc nonpahajy
llocae rcyiloouue
arcquja
70.000
25.000
45.000
Ilpwep oiircyiia w
nedaeae etuucuje
o
.
o
Pewerue
y$
Hero cpescrra (100.000 + 30.000
30.000)
100.000
(rao nperxogHo)
llpuoprrerue axqnje
O6H.rHe ar.quje
15.000
30.000
7.s00
PenalopusaqHoHn BHrrIaK
Hepacnopehena
go6rr
(rr2)
15.000
32.500
(II3)
100.000
lficuyutlu
([Il)
v$
5.000
MPLAN PUBLISHING
Karr]maJrHe
30.000
p$epBe
201
h Cn hTH
14
EAM ET :
O14
HAHC
14
JC KO kl 3BElllTABAl-bE
Ha alotde
y$
10.000
llpno6rrHn calgo
Vuames sa: najHuxca H3Hoc oA:
25.000
2.500
10.000
(2.s00)
7.500
v$
ss.000
Ilpno6urHr calgo
Yuamen sa: nper'lujy Ha orKyfl y uanocy xoju
ce ne npe6uja ca nPeuujou na arquje
(2s.000 - 2.s00)
(22.s00)
32.500
llourto je Horu
[oBepgnaUa rpe6a
la
Y osoM clryvajy ce p$epBa rroBepr{naqa y crBapu noBehaBa, floulro sehr'I Aeo nper'lnje Ha
orxyn cuamyje pacflopeAr,rse Ao6r,rrr,l ]raKo ce nojanuo HoBH KanI,IraJI Aa 3aMeHI'I crapl'I'
BAXHA
HANOMEHA
IAS 32 ce 6aeu penaruaxo
jegxocraaHuu nuTattfiMa
'
o6enogaruuaarua u
npesenraqule.
.
.
o
KouuuronaHuja reua
6ulancy
flEOt4
H 14LlTlJA
6.2 fle$unnqnie
ror
Hacraje
u SuHaucujcxo
KanI'IraJIa
IOTOBHHA
Onxancuicxn HHcrpyuexr
TNABHilI{KH I,lHCTP)/MEHT
gpyror npe4ysefia.
202
je:
'
npegyseha
o
flEO14
14
qNJA
Hxcrpylrexr xanr{rana je
cBaKH yroBop xojuu ce
(DnHaucujcKa o6aBe3a
o
o
t4
je cnaxa yroBopHa
o6asega.
BAXHA
HANOMEHA
Cyuruxa je,quor
$uHaxcujcxor uHcrpyMeHra
Moxe Aa ce pasnuryje o,q
BAXHA
HANOMEHA
Kaga $uxaHcujoc,r
14HcTpyMeHT A0BoAH A0
HacTaHKa yroB0pHe
pagr ce o Quxancujcxoj
o6aBe3H.
Karqa
raxea yroeopua
aruuja H oAJrHKe
o6asesa.
Ilpeua IAS 32
I0ryvua
oAJrHKa 3a
je nocrojane
Hexe nplroprrenre aK4rje cy Heorrqru,rBe H y roM ury.{ajy oHe ce uacu$nryjy Kao Kafl]mzur.
Ka,qa npflopmerua arc1uja o6es6ehyje o6asesaH orrgn oA crpaHe eM]rTeHm 3a $r,rKcaH r,urr.r
oApeAr,rBr,r H3Hoc Ha Qru<cau r4rm oApeAHBn 6yryhu EuryM wM gaje utacruKy flpaBo Aa 3arrem
oA eMHreHTa Aa orrg/nu aqnjy Ha vIM nocne oapeheHor Aarwa ra Qnxcan HrM oAWWrBr4
BAXHA
HANOME'-lA
Cnoxexn nxcrpyNexrje
r4HcrpyMeHT xoju uua u
KoMnoHeHry o6asese u
xounoxexry axquje.
Te 4ee xounoHente ce
uopajy ogeoiexo npil3HaBaru
y 6unaxcy crarua.
KAPLAN PUBLISHING
- H KoMrroHeHry
I,r
203
nCnnTHt
n PEAM
ET :
Ol4 HAHC
14
JCKO
t4
38 E[IJTABAI-bE
9Vo.
crofla 3a
cJrr,rqHe o6sesrun.1e
y$
CaAaurm BpeAHocr rnaBHI,Iue roja gocnena
xpajy rporogurtber neplroAa je
Ha
$2.000.000
L544.000
3a TpH roAHHe
Yrynna
t.847.720
KoMnoHeHTa o6asese
xopexuujy)
. ,(ucroHruu Qarropr
or,9Vo:
152.280
$2.000.000
roAnsa
2. roAuua
3. roAuna
l.
0,917
0,842
0,772
y$
Kanrrar !I p*epBe:
Axqilje: npana rounepsnje
BAXHA
152.280
,(yropovHe o6asese
.[yropoure nosajuuqe: rcoHneprn6ulHe o6sesHHue 1.847.720
HANOMEHA
PavyHoaogcraeHil nocrynaK
BAXHA
HAnOMEHA
caMo y Bpno
orpaHuqeHilM
oKonHocrhMa.
204
HdMCpdBa Aa
Bpulr
\a
cHMyJrraHo peanl'I3yJe
KAPI-AN PUBLISHING
14
PE3EPBE
14
7.1 Yaog
HANOMEHA
nplBHaBaba
npuMep 3axreBa ce Aa ce roroBo cBa AepHBarrra cpeAcrBa I,r AepHBarHe o6anese yKibfle y
6uraHc crarba lro Qep npe4uocu; y npounocrrd ce raKBe craBKe Hr,rcy qaK Hr,l
npr,r3HaBarre y 6wtaucy craba, a KaMoJrr,r Mepune no Qep BpeAHocrll.
H oAMepaBaba.
npaKfi y
HeKUM 3eMrbaMa, Ha
npuMep 3a)fieBa ce Aa c
r0ToB0 cBa AepuBaTHa
HeKUM 3eMJbaMa, Ha
cpeAcTBa
H Aep[BaTHe
o6aaese yxrupre y 6unaxc
BAXHA
HANOMEHA
HHcrpweHTa.
BAXHA
HAN OM
HA
. Ouxaxcuicxo
cpAcrBo
npecraje ga ce npusxaie
reK KaAa npeAysehe usry6u
KoHrpony HaA yroBopHr4M
TepMuHcKrr yroBop ce npusHaje Kao cpeAcTBo HIH o6asesa Ha AaH HacTaHKa o6anese,
a He qeKa ce AaTyr{ 3aKjbrrHBarba KaAa ce pa3MeHa 3aI,IcTa AeuaBa.
(DnsaHcujcro cpegcrro npecraje ga ce npusHaje KaAa, r,r caMo KaAa rrpeAysehe rasry6u
KoHTpony HaA yroBopHHM npaBHMa roja vuHe Qunaucujcxo cpeAcrBo.
L{g
Suxaucvjcxo cpeAcrBo.
<Duxaxcuicxa o6asesa
npecraje 4a ce npuaxaje
reK KaAa ce o6aaega r4g
yroBopa u3MHpr4, orKaxe
Hnlr ucTeKHe.
HANOMEHA
Ouxaxcujcxo cpegcrBo HnH
o6aaeoa y norerxy rpe6a ga
ce npusuaiy y ua6aeHoj
BpeAHocn4, oguocuo $ep
BpeAHocrr4 HaKHaAe AaTe
BAXHA
E
HA
Y IAS 39 ce Quxaxcujcxa
cpeAcrBa xnacu$uryjy y
verupu xareropuje:
Ouxancuricxo cpeAcrBo no
go gocnefia
. &juoau
.
7.4 OgrrrepaBahe
tDnuancujcro cpeAcrBo rnu o6asesa y ror{erKy rpe6a ga ce npusnajy y ua6anHoj
BAXHA
HAN OM
u norpaKHBaba
OuHaxcujcxa cpeAcrBa
pacnonoxuBa sa npo4ajy,
MPI.AN PUBLISHING
205
Cn
hTHh
Ilocre floqerHor
BAXHA
HANOMEHA
fl
CpeACTBa OCI|IVI:
.
.
.
{Dnuaucnjcra cpeAcrBil roja cy }rcKJb) reHa H3 Oep nporleHe H Koja HMajy QuxcaH pox
Aocneha rpe6a la ce Mepe rto aMoprur3onaHoj npe4Hocrr ropruherLeM MeroAa eQexrnnHe
KaMarrre crone. (Oaaj uerogje o6paheH y nperxoAHoM rercry) Cpe4crna xoja ueuajy
QuxcaH por gocneha rpe6a aa ce Mepe no Ha6anuoj BpeAHocrH.
BAXHA
HANOMEHA
Caa Quxauoajcxa cpeAcrea
rpe6a ga ce npernegajy
pagn yrapfi uaana ylrattelba
BpeAHocru Ha AeTyM cBaKof
6unaxca crarua
BAXHA
HANOMEHA
Haxox noqerxor npu3HaBarba
xexe $uxaxcvjcxe o6aaese
rpe6a uepmru no
alropruroaaxoj BpeAHocTu,
a 4pyre no
$ep
BpeAHocrH.
AHBHAeH,qe
npoAajy
.
.
7.7 fo6ntry
vt
AKT]4BHOCT 4
Je4uo npe4ysehe euuryje 2.000 xouaeprulunuux o6aesuuqa Ha noqerKy 1. roguxe. Pox 4ocnefia
o6Be3Huqa je rpr ro4uxe u oHe ce eMuryjy y Houuuanxoj Bpe4Hocru oR $1.000 no o6aesunqn,
pajyhu yrynax nprxo4 o4 $2,000.000. Kauara ce nnaha Ha Kpajy cBaKe roAuHe ca HoMuHanHoM
roAurxrboM KaMarHoM cronoM o4 670, Caaxa o6sesunqa je xoueepru6unHa cBe Ao beHor Aocneha
Karqa ce Moxe 3aMeHHru sa250 o6uquux axqlrja.
Karqa ce o6aesxuqe eMhryjy, npeoBnabyjyha rpxr4rrJHa KaMarHa
O4uax HaKoH eMuroBarsa cne4ehr u3Hocu o6aesuuqa ce npu3Hajy y 6t,tnaxcy crarua (y cKnaAy ca
rAS 32):
v$
Kounoxeura axquje
152,280
Kounoueura o6aeege
1.847,720
206
MPLAN PUBLISHING
BAXHA
HANOMEHA
IFRS 7 saxreaa o,q
npe4ysefia 4a otus6efyiy
uxQopuaquje o oxaraiy
Suxaucujcxux HHcrpyMeHara
sa noauqujy u nep$opuaxce
u npHpoAy
1{
creneH ph3t4Ka
uHJbeM Aa ce caMo
u nep$opuance
nperyseha
KJb)
BAXHA
HANOMEHA
nosnqnja n:
3navaj ea nep$opuaxce n
nosNqrjy rpaxu aHanH3y
u:ecr noauquja xoje
npuxasyjy KtbrroBoAcrBeHe
BpeAHocrH u xero go6nrxe
o !
6nlancy cra}ba
n ry6mxe.
cJrln{ajeBHMa
BA)KHA
HANOMEHA
3axreaajy ce u KBarI[EruBHa
U KBAHTHTAIUBHA
o6eno4aruaaaruay
npupoAoM
14
BesH
Gl
crenefloM pl43uKa.
lI
KpeAHTHI,I pH3HK,
Ka.qa
Apyra crpaHa
pHsLrK OA HenLIKBHAnocru
KAPLAN PUBLISHING
207
(ww
3axruyuar
y
IAS 32 ce 6anu npesenmqnjoM, ucu,ruarbeM pa3nuKe usuehy Ayra I,r arryrjcxor Kanurarra.
Axo sexu Qunaucnjcxra r.rHcrpweHT caApxu yroBopHy o6auesy AocraBJbarba roroBnHe
Hnr,r HeKor Apyror Qr.rHaHcujcror cpeAcrBa, onaa je ro AyxHr,rqKH HHcrpWeHr n janrsa ce
xao o6anesa y 6r,uraHcy cralba. Axo rarsa yroBopHa o6asesa ne nocrojn, raj uHcrpyr'reHr
je nucrpyrvreHT KattnTana H Mopa ce [puKa3arn y 6ulaHcy crarta Kao KanurzrJr.
IAS 39 ce 6asla npu3HaBabeM H MeperbeM Qunaucujcxrax HHcrpweHara. Csa
Qunauclrjcxa cpeAcrBa (ca oapeheHraM H3y3erlr,rMa) rpe6a Mepurr.r y 6uaaHcy crarba ro
$ep npegHocru. Cne SuuaHcujcxe oGasege (ca oapefennM H3y3euHMa) rpe6a Mepnrr.r y
6uraHcy craba lro aMopru3oBaHoj upeqHocru.
IFRS 7 ce 6asu o6e.nogamunalLr,rMa o sHavajy QnHaHcrjcrurx HHcrpyMeHara 3a
nepQopr'laHcy n nosnqr.rjy H npHpoAy lr creneH pa3rr,rqHrHx pr,r3r,rKa xoju Hacrajy ycne4
pa3rr,rr{Hrr,rx npcra Quuaucujcxux r,rHcrpweHara.
NNTAFbA 3A
II14r{Hy
NPOBEPY
1
2
Koju ycnoBu ce Mopajy ucnyHhru npe npusHaBarba npilxoAa oA npoAaje po6e? (2.3)
3 Koje ycnoBe rpe6a ucnyruru npe npu3HaBaba npuxoAa oA npyxaba ycnyra? (2.4)
4 Koje ocHoBHe ycnoBe o6uqxo rpe6a ucnyunril npe ucnnare AfiBuAeHAe y roroar,txr,t?(3.2)
5 3auro ce y aehuHu 3eMarba cMarpa HeonxoAHr,rM Aa ce HaMerHy orpaHhr{eba laoryhuocru
npegysefia 4a xynyje concrBeHe anryje? (4.1)
[nil
KynoBHHe concrBeHux
axquja? (4.9)
t,tHcrpyMeHT y 6r,rnaucy
crarua? (6,3)
10 Kaxo rpe6a uepuru Suuaxo,ljcxo cpeAcrBo y 6hnaHcy craFba? (7.4)
208
MPLAN PUBLISHING
n p A KT t4 Ll H A
n 7l T A Fb A
(a)
roAnHe:
Ilpegysefie A
y $ 'ooo
Hero cpegcraa
Kannran
520
pesepBe
- o6uqxe
axqraje no $1
300
60
Hepacnopefeua 4o6rr
160
520
0g aac ce rpaxr
(6)
rpaxcaxquja,
(z noexa)
axqr,rje? (8 noexa)
(Yxynno: 15 noexa)
roALrHy
flaxac je 30. uoeeru6ap 20X9. ro4r,tHe. Sunaxc cralba npeAy3eha Ha 4an 30. cenrervl6pa 20Xg.
roAuHe (xpaj Suxaucujcxe roguxe npegyseha "Tall plc") noxasyje cne4efia canAa:
Y$u
Hero cpegcraa
225,5
Aqujcxu Kan[ran
100,0
35,8
Hepacnopefeua go6ur
89,7
225,5
1,
orro6pa 20X9, roguue npe4ysehe "Tall plc" je npr,txpr,tno AoAarHa cpeAcrBa ua cnegehe
HaquHe,
MPLAN PUBLISHING
209
CnhTH
14
3BEIIJTABAI-bE
KaKo Aa
.
o
uro Kxe
Aa:
qt4Ht4
ycnoBuMa H Bpno
Aa ce o6Be3Huqe u npuop[TerHe axquje eMnryjy no Bpno cnuqHuM
Tpaxu ce ga:
(a)
Hanuuere Aonnc cBoM noMohHlttry y KoMe here oqexuru beroBe KoMeHTape y Be3u ca
npeseHraqujorra Suxanoajcxux l,lHcTpyMeHara u o6jacluTu HcnpaaaH nocrynaK r4e je ro
HeonxoAHo. V gonr,rcy rpe6a ga ce no3uBaTe na ogpe46e peneBaHrHnx paqyHoBoAcTBeHux
(8 noexa)
craHAapAa,
(6)
nuraby,
(Yxynxo: 20 noexa)
OdZoeope Ha o6a
!4
e{e_'"t
AKTI/BHOCT 1
t[J8JT,11l1';'Jffii,',1'#T::'Jlfi1ffiyliffi,ii i.X?,ffTlfl;
:HH:;'*liJ:[tlH.,
Hanoruena: Kao
uro
BpeMeHcKor nephoAa.
...,nrnRnp
Lla
;ftffiioii;
(a)
ti:ii"pti:!::'11:i::TlTli:T:liy"lT11li-i:l3T''!T'1Tl1,tiqilT
XOna nocraje saKoHcKt4 BIacHuK oAMax unu Xa xpajy, OHAa ce TproBuHcKa go6ur ruOxe
nocMarparu xao ga je ocrBapeHa Ha AaryM nornucuBaba cnopa3yMa. Ouuaucujcxu npuxop fie
6urr pacnopeleua rpos nepnoA rpajarua cnopa3yMa.
Axo je ,,npogaja" nh3fiHr xojula xopucunr le nocraie BIacHilK AaTor CpeAcTea, Moxe 6ufl4
npuKnarqHo Aa ce npuxoA pacnopeAu Kpo3 nepuoA rpajarua nu3ilHra. Mefyruu u garue 6u
ocrao qBpcr apryMeHT TBpAbe Aa nrcuHr carqpxn ABe Bpcre 4o6uru.
(6)
uoxe rpajaru
210
KAPI-AN PUBLISHING
HA
A6T14BHOCT 3
oAroBop
Kao uro cMo BuAenu y aKruBHocrl4 6poj 1, axo npuMeHHMo KoHqenr BpeMeHcKor pa3rpaHilr{e}ba Ha
oBaj npo6neM, $72.000 (3/1 2 x 288,000) ce npusxajy y 6unaHcy ycnexa, a canAo og $216,000 ce
Krbr4xr,r Ha pa'{yH o4noxeHe 4o6uru (o6aeesa) y 6unaucy craba.
l-lpeua oxaupy, noqerHa rauxa rpe6a Aa 6yAy npoMeHe y cpegcrBuMa il o6aeesaMa. Kao pesynrar
npuMaba npernnara, npegysefie caAa uMa o6aeesy. OHo je o6aaesHo Aa npou3Be4e u ucnopyr{r4
npeocranilx
6pojeea qaconuca. Mefyrur,r, osa o6asesa uuje ea oAnoxeHy
aeh sa
4eeer
4o6nr,
Crora 6u ce
$1 80.000 npil3Hano xao o6asesa y 6unaxcy craba, gox 6r,t ce npeocrarux $1 08,Ct00
npil3Hano Kao npuxoA. To sHa,.tu ,qa ce go6urr oA cBt4x ABaHaecr 6pojeea npr,teuaje y BpeMe
npilMaba npeTnnaTa,
Mxoru cuarpajy 4a oeaj nocrynaK, xoju nuje nocryflaK xoju ce
HaBoAr4
npxHqHn0M 0npesHocTil.
OAIOBOP
HA
AhTI4BHOCT 4
}/$
roAuHe
Kauara 9%
Ha noverxy
1.847
.720
166,295
6%))
(120,000)
1.894.015
EI INFORMATIKA d.G.
NiS, Buleyar Cara Konstantina 8(}84
MPLAN PUBLISHING
211
UCrI.ATHVI n
212
EAM ET : Ol4
AH C t4 J C
KO
L'l
3 B E tlJ
TABAFb E
KAPLAN PUBLISHING
llornaBlbe 13
CAAPXAJ
NOTTABJbA
CTAJIHA 14MOB14HA
1. IAS 16 Hexperxnne,
oftenorarcnaarue
nouohn
3. Fygann
4. Tproaarxe uapxe
5. IAS 36 yuanerue
o
o
o
o
BWAHocfu uMoBuHe e
Ap)xaBHe
craHAapAa ce
6as[ crarrHoM
r,rMoBHHoM.
Y onou
nornaBJby
tt^tt
ff---_--_
IAS 16 Hercpeutuuue, iloctrtpoierco u oupetru
IAS 20 Paayuooodctiieo dpwaenta ilosana u oduodaruneatte dptcaeue iionohu
IAS 36 YNaruerce epeduociiiu ttttoluHe
IAS 38 Hetruiiiepuiatr*o wosuua
IAS 40 llueecilut4uoue uercpeutuuue
IAS 23 Tpowrcoou ilosajrutuearca
6. IAS 38 He*rarcpnjanxa
tt6oBu1a
Z. IAS 40
llxaxru4noxe
HeKperHu{e
[urueau
Ka4a sanpulrre oBo [oDIaBJbe rpe6a Aa Were Aa:
8'lAs23Tpowxoau .
nosajrunuaa*a
AEot/H14Ut/JE
Hrxoc xoitt ce
1.1 yaog
auoprusyie Torou
nperxoAHor yqerba cre ce BepoBaruo seh cycperalH ca IAS 16, raxo Aa ce oH os.qb
BpeAHocr ue o6pafyje AerrubHo, seh ce caMo per,rMr,rpa. Ilpno pa3Morplrre cneAehe KJb] IHe
cpeAcTBa unu ApyrH [3H0c
leOltullqnje'
xoiu saueruyje xa6aauy
BpeAHocryQuHaxcuticxuu rr^,,^^ ,,^:,,
i- ,,.^^-r,^
nt
rcHoc KoJH 3aMe]bue
r4rrr Apyrfl
BpeAHocr cpeAcrBa,
^^ auoprnsyje
^,,^*,-.;^ je
na6anna Dhanun^m
ce
^mr^.*4 trnt
3a llsuoc xoju
,aseura,urua,
3a rLeroBy pe3nAyanHy
y
usneurajrMa,
rfnHancujcxuu
BpeAHocr
Ha6anHy
WarbeH
rberoBy p,.HAyanHy
BPeAHocT.
BpeAHocr.
Amoprnsaquiaie AMoprnraurja je cncreuarcra aroxaquja H3Hoca cpeAcrBa roju ce auoprusyje roKoM
cHcreMarcKa anoxaquja
*oeroBor BeKa rpajalba'
u3Hoca cpeAcrBa xoju ce
auoprueyje roxoM beroBor
Herperuuxe, nocrpojena H orrpeMa cy r,larepnjanHa uMoBHHa rojy npelysehe ap>ro,t ayxe
aexa rpajarua'
ol jiquor o6pavyHcror nepuoAa p^g, *oprrherra y npoH3BoAtbr,I ulu llcuopyult po6e
Hexperxnxe, nocrpojeta n
utu ycllyta, pa4u usnajuJbqBar6a ApyrHMa I,I1H y a,(MI,IHlIcTpaTI{BHe cBpxe.
ie xa6aaHa
yMarbeH
onpeMa cy uarepuianxa
cpeAcrBa xoja
npegysefie llputep
unu
ycnyra' paAH
usxajuruuaarua
ApyrHMa unH y
aAMilHr4crparuBHecBpxe'
H3Hocurr,r $40.000
reryhuru
Axo
uecr
1.2 IlpuanaBalbe
HexperHnue, nocrpojema u olpeMa tpe6a
MPLAN PUBLISHING
la ce npusuajy
213
BA)KH E
HANOMEHE
HexperxuHe, nocrpjerua u
onpeua xojr,r ucnyruaeajy
ycn0Be 3a npu3HaBalbe Kao
t4MoBuHa y nouerxy rpe6a
ga
Haxxaprn usgaryr
HereeTlrhHa, nocrpcjerua u
onpeue rpe6a ga ce
raxo garse).
ruexor rpao6rrxo
npoqelbHr4x craHAapAa
nepQopuaHor.
roAHHe
BAXHA
HANOM EHA
Bex rpajama cpeAcraaa
rpe6a 4a ce npoBepaBa
uajuame le4xoru roAurxbe
xopuryje no norpe6u.
IiltyciiQaquja
cpe4croo je xynneuo sa $ 100.000 Ha AaH I . janyapa 20X5. rogune n auoprnsaquja ce
o6pavyrana npauolnHnjcKuM MeroAoM Ha $20.000 roAurulbe (neroro4uurmn nex rpajana,
HeMa p$r,rAya.nHe BpeAHocrH). Bpun ce roAr,rrxrba rrpoBepa nera rpajama cpeAcraBa H 3a
oBo KoHKperHo cpeAcrBo, flpeocraflH rex rpajarra Ha AaH 31. AeqeMopa 20x7. roAnue je
ceAaM toAHHa. tDuHau@rjcrua usneurrajn 3a roAr,rHy xoja ce 3aBpuuna 31. AeUerrl6pa20X7.
cy y npmrpeMlr.
Tpouronn auoprusaqnje
sa
reryhy u 6y4yhe
roAHHe he ugHocurn:
x $100.000)
rolnue
$60.000
8 roAnua
$7.s00
Haiioneao: llpoqerreHu rrpeocrir.irr,r aer rpajama je cegaru roAHHa ol 31. leuerrr 6pa 20x7.
roAr,rHe, aan onaj [oAaraK ce KopHcrH H 3a r,r3paqyHaBarbe rporxKoBa 3a rexyhy roAHHy.
214
KAPI.AN PUBLISHING
BAXHA
HAN OM
JegaH og
HA
gosoonexnx
nocrynaKa ua IAS 16 ie ga
HeKperHHHe, nocrpoierua u
BAXHA
HANOMEHA
fiosooruexu anrepHaTuBHlt
nocrynax je ro ga ce
auoprnsaqujy.
HeKperHHHe, nocrpojena u
Aro ce ycnoju
ucnyHlrr[
ABa ycJIoBa'
HaKHaAH0 aKyMynrpaHy
sHavajua.
peBaropH3oBaHoM H3H0Cy
auoprnsaqnjy.
llpmurou
[o6ur ulu
cpeAcrBa rpe6a
3ace6He KoMnoHeHTe
KoMIIoHeHTe ca pa3n]ItIHT]IM
uexou rpaja6a. Ha nprar'tep, aBHoH Moxe Aa HMa BeK rpajama oA 30 roAusa 4ox je nex
rpaja6a ceAutura u uarepnjala y meroroj yHytpaul]bocrl,I caMo ner roA[Ha. Y mxsu]',l
curyaqujaua sace6He KoMnoHeHTe rpe6a ranrralr,I3oBarl,I xao sace6ua cpeAcrBa I,I cBaKy
aMoprr,r3oBar[ ToKoM rberoBor nexa rpajarm.
MPLAN PUBLISHING
215
A KT
14
BHOC
T1
(a)
v$
O6jerru:
Ha6aeHa BpeAHocr
1.500.000
Auoprrsaquja
450,000
1.050,000
(6)
(q)
Auoprusaquja H3Hocil
2o/o
1.13
Kaga nocrojn 3aKoHcKa HJIH I,r3BeAeHa o6asesa Bp[rerba oBor caHuparba, npeMa IAS 37 ce
3ilCreBa pe3epBHcar6e, Ar,rcKoHToBaHo, KaKo 6U ce ypavyHajro BpeMe xoje he npohu AoK ce
onaj nocao He H3BpuI[. Ilper'ra IAS 16 ce 3arr,rM 3axreBa Aa ce H3Hoc oBor p$epBr,rcarba
AoAa Ha na6anHy BpeAHocr cpeAcraBa sa saherre pyrc n Aa ce aMoprusyje roroira rreHor
nexa rpajama. Ha onaj HarrHH ce Aeo rpotxKoBa caHr,rpalba npusuaje y cBaKoM
o6pavyHcxor'l flepuol[y [apa.rreJrHo ca aKTHBHocruua xoje AoBoAe Ao urere.
ulu
ry6urax
H3rpaArba cpeAcraBa.
216
MPLAN PUBLISHING
BAXHA
HANOMEHA
3axreeu ga
o6enoganueanem oa cBaKy
rnaBHy Knacy cpeAcraaa xoja
ce auoprusyjy:
. ynorpe6ruexa ocxoaa
Mepefffi
. ynorpe6neHr uero4u
.
o
.
.
o
auoprusaquje
yKynHa auoprusaquja
4au
nepu0A
. 6pfro
ueHoc cpeAcraBa
xoja ce auoprusyjy
r,r
ltHM noBe3aHa
aKyMynIpaHa
auopruaaquja.
AEOtAHtAq14JE
IAS 20 ca4pxu 4e$raxrqrie:
2.1 Yeog
V usoruu 3eMJ6aMa, JToKiIJIHe H rreHTpilnHa.Brracr [pyxajy nouoh npegysehuua, TaKo Aa
je Heonxogan je4au IFRS rojn 6n ge$uuucao HaqlrH o6pavyHanama one nouohu.
o
o
ApxaBHux AaBaba
. AaBaba
nouohu
noBe3aHa ca
cpeAcTBHMa
r gaBatb? noBe3aHa ca
ce Aa ilx pa3yMere.
o JroKzurHoM, Haur,roHanHon
mu
uefiyHapoAHoM Hr,rBoy.
npuxoAuMa.
flporuraire ux u nocrapajre
2.2 fle$nnnqnie
ApxaBe
. gpxaexe
.
BeK
o6pavyxara aa
ynorpe6rseHeMeroAeauoprusaquje
auoprusaqlrjy.
ynorpe6mere crone
auoprnsaquje
HJrr,r
KOHKypeHTr,rMa.
aKT]rBHocrr,rMa
ror
npegyseha,
BAXHA
HANOMEHA
foxaeHa nonoh u AaBalba
rpe6a 4a ce npusuajy y
cKnaAy ca KoHqenr[Ma
onpe3a H BpeMeHcKor
pa3rpaHu'{e}ba.
MPLAN PUBLISHING
3a lbr,rxoBo npr,rMabe
r,r
217
nCnnTHn
n PEAM
ET :
Ol4 HAHC
14
JC KO h 38 EIUTABAI-bE
BAXHA
HAN OM EHA
Y o4cycrny cyrrporHtrx
Tpe6a npernocraauru 4a
AaBaba AonpuHoce
H3AeqHMa xojr.r cy ocxoaa
3a lblrxoBo
nnatane.
pasnrvuroj
ocHoBH, Ha
npuMep, n0 ocHoEy
ocrBapeba x@uuaxoalcxor
qurua, 4aaame rpe6a
ynaphl4 ca npeno3HaTnHBr4M
TpourKoBnMa ocrBaperba T0r
qHrba.
Mefynau, aKo ce AaBarbe racunahyje tro HeKoM ApyroM ocHoBy, Ha [pnMep ocrBaperbe
HeQuHaucnjcKor ur,rJba, Kao urro je ornaparre geQnHucauor 6poja HoBHx paAH[x Mecra,
AaBalbe rpe6a ynapuur ca [peno3HarJbHBHM TporxKoBr,rMa ocrBapersa
ror
uuJba.
BAXHA
HANOM EHA
l-lpeua IAS 20,qoeaoruera cy
ABa nocrynKa 3a KynoB[Hy
cTarrHux cpeAcTaBa:
llpeua IAS 20 Ao3BoJbeHa cy ABa flocryrrKa. O6a nocrynxa cy je4uaxo rrpuxBarJbr,rBa r,r
Mory Aa 4ajy ravuy u Qep cnuxy.
1.
2.
uerol Ilpnsuaru
O46uru AaBabe oA
Ha6aBHe BpeAHocru
cTanHor cpeAcrBa
aMopTH3oBaTli TaKo
cMabeHy BpeAHocT.
BeKa
flpt43Haru AaBabe Ha
caMoM noqeTKy Kao
npe6ujajyhn Ha oBai
Har{HH
noBefiaHe rpoujKoBe
auopruoaquje 3acHoBaHe
xa npoao6urxoj qexr.
BJraA]rHe
NOJIHTHKE.
Y sexuu
O46ujane oA cpeAcrBa
l4eaog H3 6unaHca craba
v$
Cra.nsa cpeAcrBa
15)
85.000
17.000
68.000
t
218
MPLAN PUBLISHING
2 OA.noxeuu rpnxoA
Paryn ognoxeHor nphxoAa ApxaBHor AaBaba
v$
v$
.(anarue y roroBnHr,r
Kpajrsr
15.000
3.000
12.000
15.000
15.000
Crapu carAo
12.000
v$
CrarHa cpeAcrBa:
BpeAHocrLI
100.000
20.000
80.000
OA.noxeuu npnxoA
.(pxanno
BAXHA
HANOMEHA
Jou jegax uoryhu nocrynax
ca ApxaBHlrM gaaatulua 6r
uorao 6lrru 4a ce
eeugeurupajy AxpeKrxo y
Kopl,rcT aKqHoHapcKl,rx
yreuta.
12.000
AaBarbe
IAS 20 oaaj
npncryn og6ula.
[,rpeKrHo y Kopr,rcr aKr[.roHapcK]D( yleurha. IAS 20 onaj np]Icryr ce oa6uja Ha reMeJby cleAeher.
AaBalba rrpuMa]ba xoja ue trorlfly oA aKqlroHapa, ne rpe6a ga ce
Krbuxe AHpeKTHo y Kopucr aKIIr{oHapcKHx yveurha seh Hx rpe6a npusuarl,I Kao
flourro cy ApxaBHa
JIoI']t.tHo
je y 6ruaucy ycnexa
BAXHA
HAN OM
HA
[pxanHo
BpeAHocrH ror cpeAcrBa HJrH cMarberbeu 6urasca oAroxeHor npuxoAa 3a I,I3Hoc rojn ce
orn.rrahyje. Ky'rylaruuua AoAarHa auoprnsaquja xoja 6n Ao caga 6u.na npusuara xao
pacxoA y oAcycrBy AaBama rpe6a oAuax Aa ce npI,I3Ha Kao pacxoA.
Ka4a ce npuuu
Ka4a ce npulan
jegxor nepuo4a
KAPLAN PUBLISHING
219
nCnUTHn
BAXH E
HANOMEHE
l-lpeua IAS 20 ce aarreaa,qa
ce ApxaBHa noMoh He
xaaxru$nxyje
H He nph3Ha
Qrxaxclrjcxuu uaaeuirajuua
axo xuje usaognrao ga joj
ce npuAa BpeAHocr.
14
38 EttlTABAt-b E
[3BoAJbr,rBo
ApxaBHe nouohu.
florpeurHy cnr,rKy.
HHcKr,rM KaMaTHHM
BeJrr,rKr,rx H3Hoca
ApxaBHe
uotrlohu.
CA NOCNOBHHM AKTHBHOCTHMA
BAXH E
HANOMEHE
2.11 O6enoAalbnBarbe
llpeua IAS 20 ce 3axreBa o6elogarwrname cregeher:
xopaufieue
pa'{yH0BoAcrBeHe
NOTHIIIKE
npHpoAe
cTe[eHa
ApxaBHhx AaBaba
npl4sHarux y $r.rHaxcrjcxur,r
usaeunajrua h
Ha3HaKe
.
.
He[cnylbeHux ycIoBa il
Apyrux np[3HaTilx
aenpeganlerux
goralaja.
4pxaaHe nouofir,r
xojr
ce nesyjy sa ApxaBHy
3l-y,qaun
3.1 Yeog
llpeua IFRS 3 llouoeae rcott1uuot4uje, vnje cy rJraBHe oApea6e o6paheue y nperxo.[Hr.rM
[orJraBJ6r.rMa, 3axreBa ce ruLrDKerbe ryABHna crerreHor y noclonHoj xou6uuaquju rao
crzlJrHor cpeAcrBa, a 3arllM ce 3axreBa r.r roAntxlbe recrl,rparbe paau yrsphilnarra uoryher
Walbelba BpeAHocrH. PyruHcra auoprusaquja ryABHna unje 4osroneHa.
Cnpxa onor Aela reKcra je ga ce pa3Morpe rtloryhra aJrrepHarHBHH nocryrrrln 3a ryABHn H c
THM noBe3aHn
220
npo6leuu po6Hrx
MapKH.
MPLAN PUBLISHING
CTAflHA t4MOBt/HA:
H r/
IEO14
qNJ
14
s6upa Qep
3.2 fleQnnuquie
Y cnpxy pa3Marpalba
fygBru je pasrnra
nOilABrbE
13
r,r3Mehy BpeAHocrH
BpeAHocrr4 beroBux
npe4yseha
tDep apegxocrje u3Hoc 3a
xo[.t ce cpegcrao unh o6ase3a
Mory e;tMeHlrn4 y uesaauorcrj
rpaHcaxr4,tjn uauefy
o6aaeuneHl4x H eorbxux
crpaHa, a Aa ce
npuxy,qHoj
unr
r0
He
Aefi y
nuxaugaquoHcri
pacnpo4ajr.
BAXHA
HANOMEHA
BaxHo je uanpaa[ru pa3nuKy
rxxeperrxor) ryABhna.
(Dep npe4uocr je usuoc sa xoju ce cpeAcrBo HrH o6asesa Mory 3aMeHlrru y uesarncHoj
Nsrrrehy o6aseureHr,rx r,r BoJbHr,rx crpaHa, a Aa ce ro He AecH y nprany4noj
vnw llnt<Bnraunosoj pacnpogajr,r.
rpaucarqujlr
(ruu
rrxepeHruor) ryABHna.
Ilpurep
flpe4ysehe "Marco Ltd" maha $100.000 y rorotsHHr.r 3a crr,ruarbe 100% npeayseha "Nadia
r,rMoBrrHa Ha
AarW crl,ruarba
Pewerue
oA
$100.000
$
Iy|yje
Y.narame
Iloulpaucyje fotosuHa
100.000
100.000
KAPLAN PUBLISHING
221
ryAsuna
= fllahesa
$100.000
rleHa
$80.000
$20.000
BAXHA
HAnOMEHA
Oep ape4rocr nojeguravuux
AenoBa Hero uMoBilHe
npeMaurHTl4 BpeAHocT
Moxe
qenor
npe4yaefia.
HaKOH lxTO Ce H3BpI.IIH OBa nOHOBHa npOUeHa, aKO U.(aJbe OcTaHe HeKH BHUaK,
BAXHA
HAnOMEHA
llocroie apryueHrn 3a n
npoTlrB cBaKor oA pa3Hux
Lroryhux uavnxa
o6pavyxaaarua KynrbeHor
rygrrna. nocrapilre ce gs
ux cBe pasyMere u Aa
uraBHHM
Kwtrcerue y fluaancy ycdexa rcao cpedcliioo tcoje ce atuopfuusyje Eiotcottt oetca fupajana
Aprprermr
sa
MoxereAauxpe3[Mupare. oAApyrux
Br.{AoBa HMoBI,tHe,
ox nocrojn
Id
ryABlrnoru.
\]
,i:I
Apryrueuru flporrrB
oMoryhrrocrnope[erracery6rKaAaceje4rranpcrary[BHna(..xynrseHu',)TpeTI,IpaKao
HMoBHHa, a Apyra ("ueryruseHn") ce He npusuaje Kao raKBa.
je
Eaunuaucarue
Aprprerur
. o
ru
sa
He3aBLIcHo
H MHorI,I
$axropu roju
o
222
rvry
fygnul je o6uvHo
6esnpegaH
y npnHy4Hoj lltxnngarytju.
MPLAN PUBLISHING
tn)
Apryuernr [porHB
]rMoBHHa. Axo
je raro, on4a 6u
ce
ocuJw
rrr.rMe
Apryrrrermr sa
o
c
Aprynrennr nporrrB
BpeMeHoM ce rporxH
reHepr,rcaHuM HHTepHr,rM ryABr,rnoM xoju ce ue o6pa.rprana.
cHocr,r
saueruyje rex
r,r3Aaur.r
rpromrba Koje
npeayseha.
Heyliapeuo dyZoearce
BAXHA
HANOMEHA
Ilpeua npucryny
HeynapeHor AyroBalba,
ryABHn ce npuKa3yje Kao
BAXHA
HANOMEHA
axqrjcxor
ryABiln Ce eBHAeHTHpa Ha
ryAB[na.
BAXHA
HANOMEHA
Y 1ASSEHeuuepnjanua
uMoBuHa @. HaBoA[ Aa
uHTepH0 reHepxcaHe
TpfoBaqKe MapKe lr cnHqHa
HMoBhHa Mory Aa Ce youjTe He
Crnapa ce pe3epBa u,uaje joj ce HMe "pe3epBa 3a ornucuBarte rygnura" HrH crur{Ho.
fyAsr,ur ce 3arHM eBr{AeHTHpa Ha reper oBe pe3epBe Aajyhfi Herarr,rBHr,r ca;qo vnju je
I,r3Hoc eKBltBaJreHTaH r,r3Hocy ryABfina. Crora je ou e@exrmHo Hcrr,r Kao u npncryn
Hey[apeHo .qyroBarbe r,r TaKo BDKe r,rcTe [peAHocTr,r H HeAocTaru.
4 TproaaqKe MapKe
PavyHonogcrBeHu flocr]mar
MapKe no ua6aaHc{
ape4Hoou yuarueHoj ea
auoprusaqajy r yuarueucj ea
ry6rrxe o4 yuaruerua
BpeAHoc[4,
MPLAN PUBLISHING
223
BAXHA
HAIOMEHA
rr,,ilAs36vrr**
BpeAHocTt4u(ornxejegace
ce
o
.
npe4yaela He K$uxH no
BpeAHocrlr aefioi og ceoie .
HaAoKHaAHBe BpeAHocrH'
o
o
nocraBe npaBr4na xoiuua
o6ea6e$yje ga ce HMoBrHa
.
.
BAXHA
HAflOMEHA
l-lpeua IAS 36 ce o4
npegyeefia sarre8a Aa Ha
3iIrrHXg
(lAS 2)
l)
uacuouryjy
IAS 36 ce
saxrenajy ro.qnrrIr6r,r npemeAr.r paqr.r yrapfiuBarba Warberba BpeAHocru 3a ryaBru creqeH y
uocronHoj xou6unauraju, 3a HeMarepnjanHo cpeAcrBo ca HeorpaHr,IqeHHM nexou rpajarsa
r,I HeMareptrJanHo cpeAcrBo KoJe Jo[r yBeK H]rJe pacflolroxHBo 3a xopuurherse.
crarua llpeua IAS 36 ce oA rrpeAFeha saxrena Aa Ha cBaKH Aaryu 6ulasca cralba upouemyje la
lu nocroje 6r{,Io raxse Ha3HaKe Aa BpeAHocr 6ulo xor Apyror cpeAcrBa uoxe 6nru
6Hno xaxse Ha3HaKe Aa
yllarbeHa'
apegxocr 6nno Kor Apyror
cpeAcrBa uoxe 6ttru
y IAS 36 ce H3naxy cleAehe Ha3HaKe roje rpe6a pa3Morpnru nprlnuKoM oArr) ruBalba Aa
cBaKh AaryM 6rnaxca
npoqeruyje ga nr nocroje
y*a].eHa'
cpeAcrBa.
o
o
r
cMarLr,rJra Bnure
HJIH 3aKoHcKoM
oKpp(erby
ce
e
o
o
BAXHA'
HANOM EHA
*,*
cpeAcrBa le euultt o4
ll'rA*"rArr,
BpeAHocrr4
npo4ale u
rueioae
ynorpe6xe
BpeAHocrr4.
Moryhu
Hr{Ar,rKaTopl,r
|fi#l.JoJlt
o6anesyjyhr,r cnopaspr
o npogajn
pacronoxr,rBe r,rHQopuaquje.
224
I
l,
Heto oqeKllBaHo.
MPI.AN PUBLISHING
i,Irp
t*,
ropnurherreu
oAJrr,rBa roroBr.rHe
oryfemertl H npHMeHoM
BAXHA
HANOMEHA
Axo je ragoxHaguBt4
r43Hoc
ro
Yr4Hr4
He
ry6urax ycneg
yMatbelba BpeAHocTH.
pa3nr,rKa npeAcraBJba
cMarbr,rTr,r
fy6nrar ycleA Walbersa BpeAHocru rpe6a npl,r3Haru oAMax Kao pacxoA y 6unaHcy ycflexa
caMo uro ce ry6nmx yclreA Warberba BpeAHocrr,r peBanopn3oBaHor cpeAcrBa Moxe npBo
npe6urx 6nro xojuu peBaJropH3arIHoHr,{M B}rrrrKoM 3a ro cpeAcrBo.
Tpouronu auoprrsaqrje ror cpeAcrna rpe6a 4a ce ropnryjy ra 6ygyhe nep[oAe xaxo 6u
oApaxaBa.rru cMar6e Hy
Krbr.r
roBoAcTBeHy BpeAHocTH.
BAXHA
HANOMEHA
[ygaun xoju nacraje
ce anoqupa usuely
jeguuuqa 3a reHepl4carue
roroBl4He og xojux ce
ovexyje xopucr.
BpeAHocrr.I
.
.
Ilpwrep
I
t1
prMoBr,rHy
crarba HMa
MPLAN PUBLISHING
Ba
su 6wtasc
crarba.
225
ACIITHU
Efl
ET : Oh HAHC
t4
JC KO [43BEIXTABAFbE
Pewerue
24
E Vrcyiino
$u $u
150 250
50 83
ll
200 344
140 260
50 84
l5
l5
A
$r-'r
Hero uarepujaJrHa
fyAsr,u:
100
r{MoBr,rHa
npr,r3Harr,r
33
HoMHHUUTHH
(33
ll
25%175%)
Yryuno
144
HaAoruraAuslr H3Hoc
120
fyrsHn
(33- Qax75%))
. (s0
Hero cpeAcrna (E
s0)
= 150 -
(60
100
115
50))
140
r40
240
255
BA)KHA
HANOM EHA
fl punnxour oAn)^{t,tBarba Aa
nu je ry6nrar ycne4
yMalbe]ba BpeAHocTr4
noHhureH, npe4yaefie he
pa3Morplrru Aa nu
nperxoAHo HaBeAeHe
uH,quxaquie noxasyiy
no6oruuare.
no6orsuame.
la
KrbHtoBoacTBeHH I,r3HOC.
ce
226
MPLAN PUBLISHING
BAXHA
HANOMEHA
y IAS 36 nocroje
o6uuxu
:il'.ilffi,,*,,, '
llocrapajre ce Aa ux
pa3yMere
Aa
Moxere .
uAeje' .
pe3ltMl'1pare rnaaHe
ce janrsajy
HffiX,y?trix3,tffiL#flffft1#J# #l,ToT"'"e
aHiuII,I3a cerMeHaTa Sa
ry6urre
rpr3Harr'rx Ar,percrHo v
lI
[oHHlIITaBa]be
BoAe Ao
BAXHA
6.1 yaog
lilT::X'fi'JrTX:'#y#'
cnyvajy roroao cae
Neuaiipnlanxe
aKruBHocru \r
Y *^,,^^,
rercry
pasaoja u ucTpa(HBa,"a.
yKrby,{yiyhr4
,,^i,,
xoju clegu
^-^, cy HaBeAeHe naxue le$uHNqlrje us IAS
38'
Cpedcfreo
BAXHA
HAnOMEHA
CneacrBo
o
cne,qefiuxrepuuxa: .
IAS 3g cagpxn
4eQr,,lHr4qu.ie
. cpeAcTBa
. xeuarepujanxor cpeAcrBa
. gep epe4nocu
. aKrhBHorrpxuura
. ry6urxaycnegyMatuetua
rojH
je
PecYPc:
p$ynrar goraflaja
I'{3
npounocrl'I;
cp ed cuie
Heruarepuja.mro cpeAcrBo
je npenosuausnBo
cYlrcraHlre'
(Dep epedaoci7
BpeAHocT14
Kt-buroBoAcrBeHe
BpeAHocru
o6aseurreHr,rx,
BoJbH
pa3Mer6I,IBarI,I usrraefy
Hx crpaHa
Axfrueno frpucuwEie
AKnrsuo rpxulllre je rprcturre Ha Kot\{ nocroje csu creAehu ycnoBn:
o
.
.
craBKe xojnua ce
BOJbHH
rpryje
Ha Tp)lo,Ilxry cy xoMoreHe
Mrrax
ycJreA
kwZo
'
o o d ciile
eaa
op edno
cii
aKyMynupaHe auoprusaquje
!I
KAPI.AN PUBLISHING
227
n9nnT HU
14
38 ElLlTABAl-bE
ce
BAXHA
je neponarHo
. je BepoaarHo
HANOM EHA
Heruarepuianxo cpeAcrBo
Aa fie Aohr4
Ao nprnuBa 6ygyhux
eKoHoMCKHX Kopr4CTH
npegysehe, npunHcuBHx
AaToM cpeAcrBy;
14
ce Ha6aBHa BpeAHocr
cpeAcTBa Moxe n0y3AaH0
MepHTH,
flpuexaearue ce y noqerlry
BpuJh no Ha6aaxoj
6uru ucxaeana y
roroBr4Hu
je uoryhe
HHKaAa He npu3Harr,t:
o rgBIfiI
. TpIoBaqKe MapKe
.
o
.
}IMnpecwe
I,l3[aBe{Ke
HaCJIOBe
IUCTe IryflaUa.
xoja
3aMeHy.
r,rMoBHHa crEKHe y noc.nonHoj xor*.r6nHaquju, WfiMa ce Sep BpeAHocr
lrMoBlrHe Ha AaryN{ cr}ruar6a. oapeh}rsarbe oep spelHocrn je je4nocraBHo aKo nocrojn
aKrHBHo rpxHrxre (nugern AeoHHr,rurjy y rperxoAHolr rexcry). Y cylporHou, Moxe 6Hfl,t
HeonxoAHo Aa ce y3Me qeHa xojy 6H npegysehe rrJrarnrro y Hesaaucuoj rpaHcaxqnju.
Axo ce neuarepujalua
BAXHA
Hcrpaxamame
HAN O M EHA
Hujegro xeuarepujanxo
cpeAcTBo Hacrafl0 Kao
p$ynTaT [cTpaxxBa$a
rpe6a ga ce npusxa.
He
Heuarepujanro cpeAcrBo
xoje ce jaerua Kao peaynrar
pasaoja (unu paeaojHe Sase
uHrepxor npojerra) ce uopa
npH3HaTil aKo cy
3aAOBorbeHil O,qpefexu
ycn0BH.
rrHJry crurlarba
pacroJroxr.rBo sa ynorpe6y
.
o
.
.
.
228
rpotrrKoBr.r pasnoja.
ruu npogajy
nlu
npo4aje
MPLAN PUBLISHING
13
I,IsHoc KojH Ty rpe6a yxrryvuru cy rporrrKoBr,r pa3Boja. Cau pacxo4 Hacrao HaKoH ruro cy
xpnrepujyrvru 3a npH3HaBalbe 3aAoBoJbeHH rpe6a npu3Harlr Kao cpeAcrBo. Tpouxonu
pasnoja npr,r3Harlr Kao pacxoA y 6ulancy yclexa He Mory ce noHoBo nojanNru rao
cpeAcrBo.
BA)KHA
HANOMEHA
fiocrynax npeMa MoAeny
Mo,u,ena
pera.nopnsaqnje.
Ha6aBHe BpAHocrn 3a
oAMepaBalbe HaKoH
noqerHor npnsxaoarua je
,qa ce xeuarepujanHa
cpeAcTBa Ktbhxe n0
Ha6aeHoj BpeAHocr4
yuarueuol sa auoprusaquiy u
6uno xaxae ry6urxe ycne4
yMalberba BpeAHocTr.l.
fl oeeonexu arrrepHaruBHH
nocrynax je 4a ce
reuarepujanua cpeAcrBa
Mory peBanopH3oBaTu.
ra
cpeAcrBa.
6.6 Aruopru3aquia
BAXHA
HANOMEHA
14sxoc
xeror
xemarepnjanxor cpeAcrBa
ca orpaHHqeHHM BeKoM
rpajama aKo He nocroju carneAr,rBa rpaHurra flepuoAa roKoM Kor ce oA Aaror cpeAcrBa
overyje reHepucalbe Hero np[nr,rBa roroBxHe y npe.qysehe.
Her'larepujarHo cpeAcrBo ca orpaHur{eHr.{M BeKoM rpajama ce Mopa aMoprr,r3oBarH ToKoM
BeKa rpajama. O6uqno rpe6a xopl.rcrl,rru flpaBonuHujcxu MeroA ca HynroM
rpajarua xoju ce
ror
auopruayje rpe6a ga ce
pe3HAyilJrHoM npe1Hourhy.
anoqupa cucTeMaTcKH Ha
6esu naj6one npoqeHe
tueroBor aexa rpajara.
cBaKoM rrepnoAy Aa
.
o
KaA
xo4 nocrojr
jeguotrl roAI,ItIIlbe
3a cpeAcrBo
MPLAN PUBLISHING
38)
(n4eru
IFRS 3).
229
UCnnTHn
EiqM ET : Oh HAHC
14
JC KO vlSB
EtllTABAlb E
6.8 O6enogarbuBabe
BAXHA
HANOMEHA
Kaga ce apur
o6eno4aruuaarue, y
SuHaxcujcxuu usaeu:rajrua
rpe6a xanpaeuru pa3nhKy
uauely uxrepxo
reHepucaHxx cpeAcraBa
- reHepanHo
sex rpajarna
HJu,r
BeKOM TpaJa}ba
A)yr[x Heuarepuianxnx
cpeAcraBa.
nouaqerba u oryhema
u pasnoj [pH3HarI,Ix
Kao
BAXHA
HANO
1r1
ME
HA
Haecruquoxe xergerHHHe
ce y AS a0 4e$uHr4ue Kao
BpeAHocM Kanwan,aunu
o6oje, a xe aa xopuufierue y
npe,ryeefiy unr pa4u npogaie
AKT]4BHOCT 2
xojr,t ce npuueruyjy
3a cBaKy 0A rbt4x:
(a)
(6)
KoMe
panr4AHo pacTe.
(q)
230
KAPI.AN PUBLISHING
CTMHA hMOBhHA
nOilIABIbE
13
7.2l1pnxaBabe
BAXH E
HANOMEHE
14neecruqlroxe HeKperHxHe
-y
npilnhBa 6ygyhurx
TporrrKoBe rpancaxquje.
eK0H0McKt4x Kopr4crur a
xa6agHa BpeAHocr
HeKpeTHUHe Ce MoXe
noy3AaH0 MepHrt4.
lrlHaecruquoxe HeKperHilHe
Ha
npelysehy.
rpancaxquje.
$ep
BpeAHocr,r sa caoje
uHBecrut{r40He HeKperHHHe.
Kao
aKyMynr.IpaHy auoprnsaqujy
6l,r,lIo
.
o
cralM
I{IIH
lpXfilIITy
.(HCKOHTOTaUe
Aro nocraHe ueuoryhe ga ce Qep BpeAHocr MepH [oy3AaHo, tpe6a ycnojnrn H 3aApxarn
NroAer Ha6asHe BpeAHocrLI cBe Ao oryferta HeKperH]IHe.
7.7 Mogen Sep apegnocrn u MoAen peBanopll3aqnie
flaxrsilso pa3Morpl,ITe pa3nnKy nsrr,refiy MoAena Qep npegHocru (gosnoneuou npeua IAS
40) u r,ro4ena pera-rropusaqrje (alrepHarnBHu pa{yHoBoAcrBeHI,I nocryflaK us IAS l6).
V uolerry Qep npeguocrl,t, cBe npoMeHe Sep npe4uocrn ce npu3Hajy y 6ulaHcy ycnexa
Aarr,r flepnoA. Y uo4ely peBanopl,I3auuje, nopacr K[bHroBoAcrBeHe BpeAHocrI,I ce
eBHAeHrHpa y KopHcr peBarIopH3aIIHOHI,IX pe3epBH.
3a
KAPLAN PUBLISHING
231
hCnl4TH]l
n PEAM ET
: OhHAHChJCKO N3BEIIITABAItE
Ilpumep
lpl,IKa3arll y @uHaHcujctc,tt't usreurrajurua ria laH 31. AeUeru6pa 20X1. roAuue aKo "Celine"
ycnojn:
BpeAHocrr,r
Pewene
6oq.=ooo
(a) Ar,,ropursarluja y
roj
ro4uur,r
H3HocH i0
$12.000
Iaue:
o
.
$12.000
$988.000.
ro
BAXH
Kopr,rroBarue Qep
7.6 flpexocu
E
HA,OMEHE
HJrr{ H3 rbr{x
llpexocltHauHBecruquoHe
ce o
Mory
caMo KaAa
gofe4o npoueHe HaMeHe.
o
HeKperHuHe ilflH r43 rbr4x
Bpu.lr4rr4
.-
n
, 6ep
, speaHocrn)\ Ha rrexpemrury rojy
(no
flpeHoc r,r3 fiHBecrflquorrrD( HeKpenurua
KopIIcrII BJIaCHIIK - Kopucrure $ep npequocr Ha AarW npoMeHe 3a Aiube
o6pavyHaname npeMa IAS 16.
BAXH
HAnOMEHE
fio6uqnrnnry6uqn
nprnrKoM
oryfierua
TpaucQep
r,r3
BpeAHocrH
7.9 Ory$erua
flo6nur rnn ry6nqn np]InHKoM oryhema
IHBeCTIqUoHe HeKpeTHhHe
uero
og oryferua r,l
pa3nhKa ueuegy
nprxoAa
KbHroBoAcTBeHe
cpeAcrBa.
232
7'10 O6enoAabuBatbe
KAPLAN PUBLISHING
(a)
,qa
3a:
nlu
BpeAHocrr.r
.
.
.
AOAaTKe
orybelLa
aMOpTl,I3aqI,Ijy
(e) $ep Bpe4Hocr r,rHBecrr,rulroHe HeKperHHHe ww, aKo ce ra Qep BpeAHocr ynararba
He Moxe [oy3AaHo oApeAHTlt, o[rrc HeKperHuHe, o6jaurrse[Le 3arrrro ce Qep
BpeAHocr He Moxe noy3AaHo oApeAr,rrr,r, u aro je uoryhe, cfieKrap flpoueHa y
je BepoBarHo ga he ce Hua3vru $ep npe4uocr. O6eloAamvBatLa
oKBr{py rojux
BAXHA
HAnOMEHA
IAS 23 Tpouxoet
noeajuruuearua
perynnue
_
llocroje
creneH y xo,irua je
npe4yaefirauagoiro^exo,q. Apzynentrfusa
oA o
Hoaqa noeaiurueHory qhrby
Suxaucuparuacrrqaru"
o,qpefiexux cpeAcraBa.
o
xannranusyiy rpourKoBe
no3ai*rbr{Ba}ba Hacrane
KAPLAN PUBLISHING
233
je
crora je
npr,rK,IaAHo
nepHoAa [3rpa,qrLe.
Apeyueufru Epodiao
o
o
tlecro je
reuro
BAXH E
HANOMEHE
Kanr,rraJrrr3oBar[
23 je
ro 4a
OcHosHr,r nocrynaK
y IAS
cBr,r
je ro
HliKaKBe
TpourKoBe noeaiuruuaarua ue
rpe6a xanurann3oBarr4
can rpe6a 4a ce npusxaly
Kao pacxoA y nepuoAy y KoM
cy HacranH.
fiornorenu
anrepHarnBH],l
nosajunuaarua uory
KanHTanil3o8aTh Kao Aeo
Ha6aaxe BpeAHocrx
cpeAcrBa,,Koje Hcnybaaa
ycnoBe Aa ce npu3Ha Kao
sa npe4aufieHy ynorpe6y
AocTa BpeMeHa.
Axo ce paAK o
I43
ce
r
o
.
KaAa:
nnr
upo4ajy.
234
MPLAN PUBLISHING
13
.}ffi[f.1|I.ffi*
xanrranuear4rje.
lfi
14
tj O CT
Ha gan 1. jaxyapa 20X5. roguHe, X je noveo Aa rpaAu cynepMapKer ca npoqebeHuM BeKoM Tpajaba
o4 40 roguxa. 3euruuure je xynruexo Ha nu3uHr no qeHu og $25 uunuoHa. Ll3rparqFba o6jeKra
t,t
3aBpueHa 30. cenren6pa 20X5. rogune u ou je noveo Aa pagh 1. jaxyapa 20X6. roguxe.
X je
noeajrt,lr,to
0g eac ce rpaxu
3axruyuax
y
IAS 16 cy AerubHo
craHAapA
je
ryABHn, aJrH no3HaBalbe Apyrnx rtloryhux MeToAa 6lr Mouo 6uru seonxoAuo sa reopujcxa
nI,ITarba.
Be3I,I
rul T A tb e 3 A
fl nLl Hy
N POBEPY
1
2
3
Kaxo rpe6a usapuun4 KopilroBabe KaAa ce peBuAupa aex rpajarua cranHux cpeAcraBa? (1.5)
cpe4crauua? (2,5)
4
5
KAPLAN PUBLISHING
tllra je rygaun?
(3.2)
235
Kaxo rpe6a o6paqyHaril u3Hoc 3a Koju creqeHa Hero cpeAcrBa npeMauyjy Ha6aBHy BpeAHocr
Kojn eKcrepHu
14
r4HTepHH r4sBopr,l,ruQoprvraqraja
8
9
10
11
12
13
14
15
Ulra ce noApa3yMeBa noA HaAoKHaAuBr4M r43HocoM HeKor cpeAcrBa npeMa IAS 36? (s.g)
16
20
Karq
ce uopa eaapurru?
NhTAFbA
Til NA
llpe4ysehe ,,Trent" je xorupauo npe4ysefie xoje nocegyje BenfiKu 6poj xorena. Hajcxopr,ljr,l npo6xu
6unauc xounaxuje je 4ar sa 31, 4eqeru6ap 20X0. rogr,tne u caApxt4 cne4eha canAa:
ncnrTHor
$000
$ooo
Xorencxe 3rpaAe
Ha6aexa BpeAHocr
490.000
Ha6aexa BpeAHocr
46,200
18.000
tJo
KAPLAN PUBLISHING
re
rora
uJTo
je aenuxut 6poj
xoTena cTap HeKonuKo roAuHa, a ur,tjegax HHKaAa Huje cTpf{Ho npoqeFbeH. fiuperropu ttucy 6unu
chrypHu Aa nH nocrojil tuarepujanxo suavajxa pa3nuKa usuefy rpxt4tuHl4x npoqeHa u Hero
KburoBo4crBeHux BpeAHocrH il Hapyqilnu cy npoqeHy rpr,t craprlja xorena npe4yseha ga 6r
BuAenH 4a nlr je Heonxo4Ha
geranuuja npoqeHa,
$ooo
Xoren 5
Xoren
180
120
140
800
700
1.000
Xoren A
L{
r0A[Ha
$000
1,300
850
650
50
30
40
ToKou roAuHe xoja ce 3aBpuilna 31. 4eqervr6pa 20X1. roguue Aupel$opl4 nnauupajy ga
3anoqHy BenuKu nporpaM peHoBupaba I o6Hoae xorena npe4yseha. Toxoru neroroAuturber
nepuoAa o6jercrr,t he ce npoeepuru ga6u ce o6es6e4rano Aa cy crpyKrypHo cra6unuu u
ueepuufie ce nonpaBKe Ha cBuM HeonxoAHt4M MecruMa. [lpenuuuuapHa ucrpixfiBaba
noxasyjy Aa HeKr4 xorenu xehe 4ocruhu ceoj ovexusaxu aex rpajarua axo npegysehe xe
uHBecrilpa y oBo npeBeHTuBHo oApxaBarue. flpegysefie fie raxofe peHoBuparu xorene t,t
saMeHHTt4 eehu 4eo Haueuraja y cnasafiuu co6alra u pecropaHuMa. Peuoauparueu he ce
crBopr4Tr4 HoBa KopnoparuBHa cnuKa 3a
I npoMoBncabe
npegyseha.
0g Bac ce rpaxr:
(a)
0g Bac ce rpaxn:
(6)
Ha rpouJKoBe
auoprusaquje
(0
jauyapa 20X1.
Aa uspaqyHare cango xojr,r 6u ce nojasuo y peBanopu3aquoHt4M pe3epBaMa 1.
(3 noexa)
y
npoqebeHux
xoTena.
norfleAy
n0H0B0
roAuHe
flr,lpexropr,l noclaarpajy xorene npe4yeeha Kao uMou4Hy xoja rexepuue u 4o6ur u KanhraIlHe
go6urxe. Bpe4xocr ABa oA npoqehuBaHux xorena pacre, l'lpe4ysehe je y npounocrt4 npoAano
0g Bac ce rpaxn:
fi)
(e)
peHoBupaba u o6xoee.
flr,tperropr,l cyjaxo sauHrepecoBaHu sa KanurrnHsoBatte rpourKoBa
04 aac ce rpaxil Aa onuuere Qarrope xoju fie ce Mopar[ pasMorpl4Tl4 npilnilKoM
auoprusaquje, Ha reMerby rora Aa BpeAHocr r-blrxoBux xorena uMa reH4eHqujy pacra unrt ce
Apxe Kao ilHBecrilr.l4oHe HeKperHuHe. Bau ogroaop rpe6a 4a ce oAHocH Ha
paqyHoBoAcrBeHe KoHqenre u Ha peneBaHTHe paqyHoBoAcrBeHe craHAapAe. (7 noexa)
oAnyr{t4Batba 4a nu he
(5 noena)
(Yxynno: 25 noera)
MPLAN PUBLISHING
237
UCnnTHI nPEfl
ET : oI4HAHChJCKO 1438ElUTABAl-bE
2. nurarue: Kanaep
l-{uru IAS 36 Yuanerue Bpe6rcocrn uuoteuneie ga ce o6es6e4u eBu4eHTupaibe cranHux cpeAcraBa
fi ryABHna y Quuaxcujcxula usaeurajuMa y BpeAHocru xoja xuje eefia oA br4xoBor Ha4oKHarquBor
u3Hoca fi Aa ce cBaKu pe3ynrupajyhr,r ry6ilraK ycneA yMarbeba BpeAHocl4 MepH H npusnaje
KOH3I4CTEHTHO.
Og Bac ce rpiltc,t:
(a)
(6)
(q)
Jegau cerrop saBilcHor npegyseha xoja je y nyHoM BnacHuway Kanaepa uua cne4eha crrnHa
cpeAcrBa ruje cy Kt-buroBoAcreeHe BpeAHocTl4 xa gat 31. 4eqeru6pa 20X1. roguxe:
y IAS
36. (3 noexa)
$n
$t',t
Heuarepujanxa cpeAcrBa:
[ygaun
70
Marepujanxa cpegcrBa:
3elaruuure u o6jerru
320
,1
flocrpojerua u onpeMa
g
,g
flouro ce oBa cpeAcrBa
uoffie
je
3el,trurutre u o6jerru ce Kibuxe no npoqeHn. Ha 4ar 31. geqerr,r6pa 20X1, rogr,+re nocrojr,r $60
MunuoHa peBaflopu3aquoHor BuuJKa, Cea gpyra crarHa cpeAcrBa ce Ktuuxe no xa6aaxoj
BpeAH0cTl4.
uro je xero
Og Bac ce
rpatfi:
(i) [a uspavyxare
(ii)
fla o6jacumre
KaKo
(Yxynno: 2Q noexa)
OdZooope Ha
238
MPI.AN PUBLISHING
oAroBoP HA
AKTMBHOCT
$
30.000
5.000
Vrynxo
O6jexru:
1,380.000
20.000
1.360.000
345.000
(5.000)
340.000
llocrynqn
(i) Paryx o6jexara (nero xruuroeoAcrBeHa apegnocr)
20X8. roguua
1,
jaxyap can4o
$
1.050.000
20X8. roguxa
30. jyun 6unaxc ycnexa
auoprusaquja
15.000
345.000
30,
jpu
1,380.000
sa rexyhu nepiloA
1,395.000
1.395.000
1.380.000
roAuHe
nep4oA
20.000
1.360,000
1.380.000
1.380.000
15.000
20.000
ffi
35.000
fla
KAPLAN PUBLISHING
o6jerra,
TpouIKoBr4 3a
ry
239
nCnUTHn
n P EAM ET
: Oh HAHC
**
LIJC
KO t43BEtllTABAl-bE
Ha cneAehu HaquH:
fogwne
Vxynau 6poj roguna npe nornyHe artaoprusaquje o6jexra
50,0
,|
15,0
0,5
15,5
Epoj roguua roxorrl xojr,lx je ocrano Aa ce BpUJH auoprursaquja
(iii) Ilpexoc
t43 peBanoplt3aqt4oH1,tx
34,5
,$
Ar,toprnsaquja 3a Apyry nonoBhHy roAuHe
(xao u nperxogxo)
fl o peaanopusoBaHoMt,t3Hocy
20,000
llo ra6asuoj
15,000
Bpe4Hocl4
Bttuax
5.000
oAroBoP HA
AKTNBHOCT 2
r,rs geQr,txr,tqr,tje
uxaecruquoHe HeKperHuHe.
noce4yje", TaKo Aa HeKperHr4He xoje 4pxe Kopr4cHHqH nu3uHra npeMa yroBopuMa o 3aKyny He
ucnyruaeajy ycnoBe ga ce npusxajy Kao hHBecruquoHe HeKperHhHe aKo ce Apxe s6or ceor
rHBecruquoHor norexqujana, l'lpuueruyje ce IAS 40.
oAroBoP HA
AKTNBHOCT 3
yrupyje
3axyn
25.000
06jerar
9.000
hxcranaquje
6.000
KanuranugoaaHa KaMara
(40.000 x10o/ox9112)
3.000
43.000
Vr,tarueuo
3a:
(26s)
42.731
tvtox.
..
240
KAPLAN PUBLISHING
fiorraBrbe
CAAPXAJ
NOTTABJbA
1. Haaeulrasatte o
byurnxu rpaxcaxquia
nOrIABrbE
14
14
EyXBATAITE
cyluTl4HE TPAHCAKqHJA
O
2. Ilpnnepn cnyraieaa y
u
uory
pa3nnKoBar[
xoiuua ce cyun{Ha
QoprJla
nererumju Mory,(a gajy norpeuHy cnl,rKy aKo ce npaBHa Qoprrra rpaucaxquje pasnr,rxyje
oA]beHe cylITHHe, a H3BeuraBarbe Bprxu ualasu npaBHe Qopue,Haxo ce nperrla IAi I
3axreBa rrplrMeHa npr,IHrllma "cyuITHHe nsHag Soprtle", Huje4au IFRS ce He 6asu noce6uo
oBHM [tITa]beM, aJrr{ HaqeJra o6pafieua y oBoM rrornaBJby cy KoH3ucreHtna ca IASB
Orceupott
IFRS.
Llunean
Ka4a sanpunre oBo rrorJraBJbe rpe6a Aa Were Aa:
o
.
o
o6jacnrre sHauaj
eBH.(eHTr,rpaBa cyrrrrr.rHe,
BAXHA
HAnOMEHA
1.1 Yaog
Y npouuocu cy npeApeha
V npounocru cy npegyaefia
.
6unaxcacrarua
Apxe
SaHeuapHBalbetl ]bl{xoBe
peanHe cyutflHe, Ha
.
npuuep xopuuherueu:
noKyuaB:rnaAaHeKecraBKe
BaH
cpeAcraBa
. KoHTponHcaHHx npegysefia
'
nH3llHra
JII,I3HHTa cpeAcraBa
jecr cpegcrno H c
JIH3I,IHpa.
- roja
Hucy 3aBHcHa -
__ - _- __ _+
KoHTpoJIHcaHHx npe4yseha
____-
KAPI.AN PUBLISHING
noBe3HBaBe jegne
rpaucaquje
ca
jegnou
241
I$ryrun
BAXHA
HAN OM E HA
Cpegcrna ce
Knyvulr KopaK y
OKsupy
ogpetuaaruy cyurrnHe
lpotrrJrux gorafaja u
rpaxcaxquje je
npeAy3ehe.
ugexrnQuxoaarue rueuor
eQerra
Ha cpeAcrBa
le$uuruy
ol
Ofianeee ce
o6agese npegysefia.
H3 apeApeha.
BAXHA
HAN OM EHA
Plgux .{ecro yxasyje Ha Koja crpaHa [oceAyje cpeAcrBo. PHsI,Ir je naxaH, rlotttro je crpaHa
roja uua flpucTyn KopHcT[Ma (r rrue cpegcrry) o6N,rHo oHa cTpaHa roja cuocu pH3I,IK,
OqEKHBAHI,IX.
cpeAcrBo.
BAXHA
HANOMEHA
Cpegcraa u o6aeege rpe6a
4a ce yxruyue y 6unaHc
cra$a KaAa nocrojr:
o
.
AOBOJbHO AOKa3a
KaAa ce cpeAcrBo
MoHeTapHoM
H3HOCy.
A0B0rbH0 AoKa3a Aa
nocroie, u
Je4Ho cpegcroo rpe6a Aa [pecraHe ga ce npusHaje caMo KaIa cy HcrlyrbeHa o6a ona ycnoBa:
cBaKH
KOplrcTHMa
nraje
Ha
1.5 O6enogalb[Barba
BAXHA
HANOMEHA
06eno4aruuaarue
rpaucaxquje rpe6a ga 6yge
goaonxo AerarbHo
ce
KopHcHr4Ky
Aa
Suxancrjcxux usaeunaia
ouoryhu pa3yMeBabe tueHor
6yge
xouepqujanHor
e$elra.
Moxe 6nru norpe6no o6eno4aHrtrll je4ny rpaHcaxqujy 6es o6supa Ha ro Aa JIH oHa
pe3ynrupa AoAarHr,rM cpeAcrBllMa H o6asesaMa roja ce npnsHajy. Y clyrajeuulra y xojnua
ce cpeAcrBa H o6asege npusuajy, tuu IbHxoBa nprlpoAa ce pasnuryje o.( craBKH roje ce
o6ra.rHo Hala3e rtoA peneBaHTHoM rro3r,ruujor'r y 6u-naucy craH,a, re pasrntxe rpe6a
o6jacHurn. Ha npruep, ogpefeHa cpeAcrBa Mory Aa ue 6ygy pacnono)rc'IBa sa ynorpe6y
rao rapauqnja ga o6asese.
Y ouoj MepH y xojoj rpaHcaxuuja nuje pe3ynrupala rpu3HaBarleM cpeAcraBa HrH o6anesa
v \Nbeje ueonxogno pa3Morptlrr Aa Ifi4je ueonxogHo o6eloAamrBarbe rbeHe flpfipoAe I,I
eSexra 3a AaBarbe Qep npnxasa. Ha nprauep rpancarq,rja Moxe crBopl,lrn rapaHlluje
gpyre o6auese.
rqEoilHNLlt4JA
Ksagu-aancxo npegyefi
e |e
npe4ysefi e, xousopryjpt,
,,noouaq', xoir ie
KoilrponhcaH 0A crpaHe
nperyseha xoje nogxooa
Hseeun{
crBapa Koprdcn4 3a
ro npepyaefie xcje
ce
nlu
xplneprjple
xorrsopu[jw,
,,HOCUnaq" 3aars.ro
242
npepehe.
He
pasmqjy
3a
je ,flocmaq"
3aBHcHo nperysehe.
MPLAN PUBLISHING
OEPAqyHABAI'b E CytlJTl4
BAXHA
HANOMEHA
Kaga npegyeefie HMa KBa3[3aBilCHO npeAy3ehe, KBa3H3aBr4cHo npe4ysefie
yKrby'.{Hrt4
E TPAHCAKI-{hJA :
1-l
OI-I|ABJb E 1 4
rpe6a
KoHconHAoBaHe
Aa ie 3aBucHo
npegysete.
H
BAXHA
HAN OM E HA
jegno mu Bnrrre
Kala
ce
1.7 IIpe6ujarue
llpe6ujarre cpeAcraBa H o6aBe3a, y flprHqmy, uuje 4osno.rseHo,
[pHxBarJbr,rBo aro nocrojn 3aKoHcKo npaBo npe6njarba.
zrrrH
Moxe 6HrH
npe6ujaiy, ro 3HaHH Aa ce
npuxasyle caMo Hero H3Hoc.
Ilpuuep
6aHr1rl y BHcHHH oA $50.000 y Quttujurw'Northbanke" y rpaAy
Anytown H rtorpaxHu canAo oA $10.000 Ha ApyroM paqyHy y Hcroj Syglrjwru. Eauxa nua
X uua rpeKopaqerbe y
Ilpe6uiarue cpeAcraBa u
o6aBe3a, y npuHquny, xuie
Ao3BoIbeHo, anu uoxe 6rru
npuxoarrb14Bo aKo nocroir4
v$
llpexopauene y 6auqu
40.000
.
.
.
o
@oprt,ta
KoHcI,IrHaqUoHa po6a
noBpaTHoM nu3r,rHry
QarroprHrflorpax]rBa]ba.
AEOTTHT4LI4JA
2.2KoncnrHaqnoHa po6a
Koucurxaquoxa po6a cy
KoHcurHauuoua po6a cy 3arrfixe xoje no 3aKoHy nocegyje jegHa crpaua, aJrH Apxr,r Apyra
crpaHa noA ycnoBuMa xojn Apxaouy Aajy rpaBo 6rro Aa rpoAa po6y y oKBHpy peAoBHor
rrocJroBalba r,rJrr,r, tro us6opy [pxaoqa, ga je rparu HenpoAary 3aKoHcKoM MacHHKy.
BAXHA
HAN OM E HA
Vroaop rpe6a aH u,r3uparu
y qursy yraplneaua ga nu je
MPLAN PUBLISHING
flpyrur yc.rronu TaKBor yroBopa uory o6yxnarar[ 3axreB Aa Apxanau flJraru Aeno3vr u Aa
cHocu oAroBopHocr sa ocnrypalbe. Yronop rpe6a aua.nu3nparr,r y ullJby yrnpfirnarsa 4a nn
je 4pxa-rlaq y cyrrnrHtr creKao po6y npe Aaryt{a npeHoca 3aKoHcKor flpaBa.
K.myvuu @axrop he 6urn: Ko cHocu pr,r3uK 3acrapeBarba sutnxa. Ilparehu pH3HK cy
rporrrKoBlr SuHaucuparra 3ariltxa 3a nepuoA roKoM Kor ce gpxe. Y jeguocraaHout
AoroBopy rAe ce 3aJruxe Ha6annajy no Qurcnoj IreHr,r, To he ce o6pavyHaBarl,I Be3
o6supa Ha BpeMe npeHoca npaBa H HeMa Aelo3nra, [poH3Bo[av cuocn pI,I3HK
3acrapeBarba. Aro, rraefyr]rM, rleHa xojy pe6a flrarrrr, rropacre ca Qaxrop xoju
BapHpa ca KaMarHr,rM croflaMa r,r BpeMeHoM ToKoM Kor ce 3aJrHxe Apxe, oHAa Ipxanaq
cioclr plrsl,rx. Ko roA cHocu prI3HK 3acrapeBalta rpe6a 4a flprcHa 3anl{xe y 6nlaucy
crat6a.
243
Ha Aau 31. aeqer'l6pa 20X6. roluse yroBop je u larre Ha cHa3H u "Canterbury" ApxH
HeKoJrr,rKo Maur[Ha roje cy ucflopfreHe npe ]rcreKa rrepnoAa oA ulecr Meceuu. Kaxo re
MarrruHe rpe6a rperuparu y pa{yHr,rrua "Canterbury" 3a rogHHy roja ce sanpuula 31.
.qeUeu6pa 20X6.?
Peruene
la
m, ie
"Gillingham" Moxe 3&yremfl,I nonpahaj Ma[IHHa I,I "Canterbury" Moxe Aa ]D( Bparn 6es nnaharba
xa.sue. To cyrepnrrre ,qa "Canterbury" HeMa ayloMarcKo flpaBo Aa Io( 3aIpxu ]t M KopHcrH.
"Canterbury" maha sarymruHy 3a MauII,IHe, ynpKoc r{HrleHHuH Aa Hx Ha rpajy r'loxe y
norflyHocn{ orKyrrr,rrr,r. To cyreprue cnopa3ry o SunaHcupaby, no[Iro ce 3aKyflHHHa
Moxe flocMarparn Kao KaMara ua sajau Ha Ha6anuy qeHy. "Canterbury" rarofie npanu
TporrrKoBe yo6uvajeno [oBe3aHe ca ApxarbeM 3ilrltaxa.'
Ha6asHa qeua je rleHa Ha Aarylyr [pBe r,rcnop5e MauuHa. To cyrepnure 4a ce npo4aja, y
crBaptl, o6asJba Ha Aaryl{ I{cnopyKe. "Canterbury" Mopa Aa Kyrrn cBe craBKe Koje joul yBeK
ApxH uecr Meceu[ HaKoH HcnopyKe. ,(ar.ne, upegysehe je usnoxeHo pH3HITLIMa cnope
rlcrrJrare r{ 3acrapeBarLa. llouro "Canterbury" Moxe Aa npana po6y npe ror BpeMeHa, oBa
H3noxeHocr je orpauuveua.
BA)KHA
HANO M E HA
Vroaopl o npgalr h orn/ny cy
Aoroaopu rpeua xojuua jegxa
rD( yKJb)
ffrll
ce
noHoBo rqnt4cpeAcrBay
ogpefem,tu oxonHocn{Ma
rojmla ce [poAaBr{y
npgaery ouuyliaaajy 4a
244
KAPLAN PUBLISHING
Orrynua ueHa Moxe BapHparu (y sarucHocrlr oA npBo6lmHe IIeHe H rlepnoAa roKoM Kor
rrynau ApxH cpeAcrBo), a AoroBopeHa je y opeue orKyrla utru ie [oArloxHa KperarLI'IMa
Tp)ra,rrxHe rlene. orrynHa ueHa raKohe uoxe 6uru Qopur,rpaua raKo Aa ce Kyfluy.[osBonH
Aa noBpaTr,t c[opeAHe rporllKoBe Apxa]ba aKo npoAaBau He HacraBI,I Aa Hx cHocH.
BAXHA
HAN OM E HA
Kruyvno nurarue je ga
nr
xouepqujanHu eQexar
ocurypaxor aajma.
3ajMa.
llpruurorrl
aHaJrr,r3e
Ilpwtep
X je npo4ara o6jexar HHBecnulloHorrl nperysehy Z, sa $ln xa4a je rercyha rpxrurHa qeHa 6u.na
$2u. X Moxe Aa orK),rtr{ HeKpcrHHHy 6mo xaAa roKoM HapeAIe'IpH ro4&Ie sa npno6mry
npoAajlry qeHy ($h'{) yBehary 3a I,I3Hoc xoju ce o6pa'rynana KBagIaIIHo, Ha 6acu 6alxapcxe
aKrrBHe KaMarHe crone yoehane sa2Vo. Karo X rpe6a 4a o6pavyra ory rpaHcaloryjy?
Pewerce
rrocJra
oqeKnBarbeM.qa he
BAXHA
HANOMEHA
Cnopasyu o npo4aju u
orKyny Moxe
6wuy augy
ulu
npoAaie x noBparxor
oKoJrHocrHMa JrH3r,rHr
npeAcraBrba yrepluearue ga
nu je nuauxr nocnoBHr4 r4nr4
Qrxaxcurjcxu npeua
je nocronHn
JIH3HHT.
tDrHaucnjcru irusuHr je crora Jrr,r3r,rHr KoA Kora je cyurrnHa rpaHcarquje sajau ocnrypaH sa
cpeAcrBo, a ue npolaja. Cpeacrno ocmje y 6ulaHcy crarba KoprtcHuKa JIH3I,IHTa tro
npro6n'rHoj Bpe4Hocr[, a rrpuMJbeH]r H3Hoc oA npoaaje rper]Ipa ce Kao o6asesa no ocHoBy
JM3r,rHra. Aanalau rlr3ur{ra ue npusnaje HHKaKBy lo6rr y nper'le npogaje. fllaharm JM3HHra
ce rperapajy ua yo6nvajerul Har{Hr{, ro jecr pacnogenyjy ce Ha KaMary I,I orflnary KaIMftIrIa.
BAXHA
HAN OM E HA
3a
ra
Kaga ce pa,qu o
Qarropuury norpa(HBalba,
aepaarroha jaaruarua
auavajHor paryxoBoAcrBeHor
paxuje xero
uro
6u
ro 6uo
cnyvai 4a norp:xr4Baba
xucy $arropucaxa.
KAPLAN PUBLISHING
pa3Jrr,rKy
24s
UCnnTHn
poluja Kopr,rcrg
oA norpoKuBarla. Osa Bpcra rpaHcarquje rpe6a 4a ce o6pauyHa xao sajau. Axo ce,
uefiyruu, rpourKoBu yrBpAe KaAa ce rpaHc$ep r,r3Bptrr[, H aKo HeMa HHKaKBr,rx Apyrltx
Malo je
BepoBarHo 4a he
pusrx
'{3JTOXeHOCT
npoAaBrla u @arropa, a rporxKoBr,r he ogpaxanaru
raj goronop, Kao u y o6nvnou yroBopy
o ocHryparby KpeAHra.
A KT t4 B H O C T
je npexoc npaBa
Ha
fla
norpa(uBaba y Qarrypracanoj
norpa(uBaba y
$300.000.
3arruyuax
Ilpe4ysehe rpe6a la npr,r3Ha cyrxrr.rHy rpaucarqrja, a He caMo rLHxoBy rrpaBHy Qopr,ly. Y
ur{Jby r{AeHflrQuxonana cyrrrrr,rHe rpancarqlrje, HeorrxoAHo je oaperu,rru Aa nfi cy ce
cpeAcrBa pu[ o6asege npegyseha [poMeHnne Kao pesyflxar WecrBoBama y rpaucaxquju.
OHa crpaHa y rpaHcaruujn roja nperpflH pr,r3uKe r,r 4o6uja KopHcrtr noBe3aHe ca cpeAcrBoM
o6[.rHo KoHrpoJurue ro cpeAcrBo 6es o6snpa Aa nH ra 3aKoHcKH noceryje [Jrr,r He.
nfTAFbA 3A
fl t4r.tHy
nPOBEPy
ilTAl-bA
ncnilTHor
n
rilnA
Haaegureje4aunpuuepHaquHaxaxojucynpegysefiaynpournocrr4xacrojaraAaApxe
cpeAcrBa il o6aeege eax 6ilnaHca crarua. (1 .1 )
n^^_.,^^+^ n ^^ <^^..
li,'fffifflJ:*x'#J5lli1iliTJfli:xTil,,?#:##?:]H:',iffiLx'Jx1g;;,'fi1,,,.
Toxor,r Suxaucujcxe roguxe xoja ce saBpuuna 31. aarycra 20X6,, npegysehe je yuJno y Bpcry
nocnoBHe rpaHcaxquje xojy nnxaga panuje uuje o6asrbano. l1pe4ysefie D je saxruyuuno yroBop
Koju je crynuo Ha cHary 1. jaHyapa 20X6, ro4nue.
oHo
je npuuuno MoropHa
246
KAPLAN PUBLISHING
*
OEPAL{VHABAI-bE CvtllTl4HE TPAHCAKI-II4JA : IlOl-IlABJbE 14
(a)
(6)
(q)
(q)
V 6uno KoM rpeHyrKy usuefy flaryMa HcnopyKe H AaryMa npeHoca 3aKoHcKor npaBa
BnacHuuJTBa xa npegysehe D, D uua npaBo Aa Bparh Bo3una npe4ysehy E no4 ycnoaou pa
uucy oureheua unu 3acrapena, D xeua npaBo Aa aparu ou:reheHaunvl sacrapena Bo3l4na.
Axo D ucxopucn4 oBo npaao noepahaja ox4a D laopa Aa nflaru Ka3Hy 3a noapahaj xa
cne4ehu uaunu:
ucnopyKe
Mabe
Tpr,t go qerupt4 Meceqa
Buue o4 qerilpu Meceqa
fi%
75Yo
100o/o
(e)
E xeua npaBo Aa saxreBa noapafiaj Bo3una xoja cy Aara Ha xoxcuruaqujy npegysefiy D ocuu
axo D xe nocraHe HeconBeHTHo.
Feuepanuu AilpeKrop npeAnat(e Aa ce Bo3[na npuKaxy Kao uMoBuHa npe4yseha D rex xaga ce
t43Bptur4 npeHoc npaBa BnacHuulrBa a xa6agHa qeHa nocraHe qenuHa xoja ce saucra nnafia.
Tpaxu ce:
(a)
Aa o6jacxure KaKo ce r,tgeHl,tQr,rxyjy cpeAcrBo Hnu o6asesa u KaAa ce cpeAcrBo unu o6aeeay,
(12 noexa)
npusnaje oAHocHo xa4a npecrajy ga ce
(6)
Aa oqeHure, y KoHTeKcry npilHquna xoje cre o6jacxunu y (a), ucnpaauocr t4ltH HeucnpaBHocr
paqyHoBoAcrBeHor nocrynKa xojr,t je reHepanHil Ailpelfiop npeAnoxuo 3a HoBy rpaucaxquiy,
npr,renajy.
(8 noexa)
(Yxynxo: 20 noexa)
;,
OiZooope Ha ooa iiuiliarca nocrceute uahu
OrqfOBOp
HA
t
RffHgHOCf
KoJh
KaKo'Lewis' 3aflpxaBa
norpa(uBal-ba.
og'Factoringa'rpe6a
Bilct4Ht4
- 0,3), a roroBt4HcKl,l
y$M
Ayryie
ForoeuHa (90% x
Iloryaxyje
KAPLAN PUBLISHING
$9,7M)
y$M
8,73
o6aeesaua)
8,73
247
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14 n
3BE IUTABAI-bE
248
KAPLAN PUBLISHING
!.-
OEPAT{yHABAI-bE nh3UlHTA :
IlorraBrbe
CAAPXAJ
NOTflABJbA
1. Ilpupoga
nOrflABrLE 1s
15
pa3nr'rlrux
nll3HHra
2.O6parynaaare
Bpcra
Jlusnrr je
rojlu
cpeAcraBa a Aa rrpl,t roM He Mopa oAl\lax Aa IIrIarI,I lryH H3Hoc Ha6asHe Bpe4locru.
onepaTHBHor !l
Qnxaxcricxornr3rHra
3.
Eengexruparue
H
y
Qnxaxcuicxnx
onepaltBHux rrlr3rHra
K]t[raMa Kopl,rcHHKa
,ru3HHra
4' Eaugexruparue
Snxaxcujcxux u
Y
AaBaoqa
oneparHBHHx n[3HHra
Xf#f
PavyHono4crBo JII,r3r,IHra ce perynuue nperrla IAS 17. Ilpeua rleMy ce 3axreBa Aa MHora
cpeAcrm Ysera noA JrH3r.rHr 6yly npnsuara Kao lrMoBlrHa r.raKo Moxfl,a ruaxaA uehe ltocrar]I
{nrueatt
Kaga sanpruure oBo nouraBJbe rpe6a
r
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Aa:
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JrH3HHr
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eBHAeHTI'IpaTe nOCJIOTUU U sUlraHCUjCrut JIH3I'IHI y KlbHIaMa AaBaoUa JLI3I'IHIa'
KynoBnHe '
1 flpupoga pa3nltqurux Bpcra fluguHra
5. Knacu$uxaquja
6. Tpaxcaxquie
la were
Hapare
flEO71Ht4q14JA
1.1 Yaog
VIAS-y17rru3uHrce Vronop o Jrtrsrrury je y cylruHr,r yroBop o 3ar(yrry, y KoMe BJracHHuITBo Ha.u, HeKoM
xoittt',t HM6BHH6M Moxe Hr,rKaAa Aa He npefe ua Kopr,rcHqKa JIu3r,IHm. Ilpna peaxUnja uoxe
ycryna
xoputL.lhetta ie4Hor
cpeAcrBa
;3::,:,f:'::i:xi:iXll?ffi
ynnary unr
HH3
ynnara.
6nru
4a
IAS 17 JrH3HHr ce 4e$uuume Kao yroBop rojuu 4ana.nau JIH3I{Hra ycryna KopHcHHKy
JrH3r,IHra
."
BAXHA
HAnOMEHA
ABe o
Bpcre nH3[Hra:
.. OHHaHcricKH ,tH3HHr le
.
nr,lar,lHr xolr,tru ce Bpul4
npeHoc cyurrr4HcKl4 cBHx
pH3HKa u KopHcrl4 0A
y
llsy
1? ce
rcnt.lryly
(Dluancujcxu msnur
Kopl,{cTI,I
14
He MOpa npeHeTI,I.
flIIBIIHT
noceAoBa$a HeKor
cpeAcrBa
. 0neparnaxu
nnsnxr je
cBaKHApyrunh3uHroc..rM
$uHaHcnjcxor
fl!13,1Hra.
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MPLAN PUBLISHING
249
erreMeHar Jrr43r,rHra,
lporIeHI4TH AA nbli
cryrajy, Kynaq
o
o
o
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r
o
raro x.nacuQuKyjy).
KopuorrK Jrrr3xHra r,rua onqr,rjy Aa r(yltn cpeAcrBo rro ueHH sa xojy ce ovexyje ga he
6uryr uuxa oA Oep BpeAHocrH y BpeMe KaAa ce onquja Koplrcnt.
Tpajame Jrr,r3trHra o6yxnara uehu 4eo
H3BprIeH rrpeHoc npaBa BnacHr,illrTBa.
Jru3r,rHra npaBo Aa
ra floHr,rurrn, ry6urre
BAXHA
HANOMEHA
Pare nraunra xoje ce
rpe6a
Aa c eBuAeHrlrpajy xa reper
pacxoAa nouro oHe xacrajy a
3ar!1M ce npusxajy xao
nnafiajy no ocxoay
onepaTr4BHor nHsNxra
o6rqxo xa
npaaonnHujcxoj ocxoau.
BAXHA
2.2 AnxancnicKlt
HANOM EHA
IAS 17 ce 3Erna(e sa ro Aa ce
cpeAcTBo raxajurueHo nog
yroBopoM o Suxaxcujcxou
nh3[Hry Mopa eBuAeHrupaTu
Kao cpeAcTBo, a
o,qroaapaffia o6aaesa y
n H3H
pavpoaogcreexoj
IAS 17 ce
eaugeHqaju Kopr4cHHKa
nH3hHra.
250
AaKJre 3aJraxe 3a
MPLAN PUBLISHING
OEPALIVHABAI-bE IIN3hHTA :
Iow
fqEoil Ht4qrrJE
nOff
ABJbE 1s
uerce defiuau4uje
3axTeBaTu 0A Kopr4cHt4Ka
Muxnnranxa nrlatalba
nn3uHra -
cy nnafiarua y
nH3hHra.
llorexquianxa 3aKynHHHa
xrje cauo
nporoK BpeMeHa.
r ! cnfiajy AaBaoua il
BAXHA
MOpa H3MeplrTr,r.
HANOMEHA
l-lpeua IAS 17 aaxreaa ce ga
ce cpeAcrBo u ogroaapajyha
o6aaega Ha noqerKy Mepe
nnahara
nr43uHra.
Ilpeua IAS
esnAeHrr,Ipajy
Kauarsa crona 3a onaj .tusnurje crona no xojoj ce, nlahama H3BpueHa y oKBHpy oBor
uopajy AHcKoHToBaTH KaKo 6n ce usje4natlHla ca UeHoM 3a toToBI{Hy. Y osoM
cnyvajy, crona I,I3Hocw l5%, [rro ce 4oxasyje cle4ehNu H3parlyHaBa]beM:
JItI3r,rHra
v$
l.
roAnna
2. roAusa
3. roAnna
4. roAusa
CaAauma BpeAHocr MTIHHMaJIHHx mahama
(ucra xao H ueHa ra roronnHy)
iII,I3t
15Vo
2.000
0,870
2.000
2.000
2.000
0,572
0,756
0,657
epeduoctri
v$
1.740
l. 512
1.314
1.144
IHra
5.710
BAXHA
HANOMEHA
Ha
norerry nepuoAa
Jl143HHra:
. $ep epegxocr
$ep BpeAHocr cpeAcrBa y3eTor noA JII,I3HHT (nm axo je unxa, caAalllrba BpeAHocT
MHHT,IM11IHHX maha6a mlsnura) rpe6a aa ce yK,bfIH Kao craJIHo cpeAcrBo,
[oArroxHo auoprusaqnjn
coeAcrBa
nu3[Hra noAfloxHo
genpeo,riaquju
r4cl4
r.r3Hoc
rpe6a ga ce
oxerpy o6aeesa.
KAPLAN PUBLISHING
eBnAeHTHpa}be
- noqerHo
aMoprn3aqria
PeresaHrHo cTzIJIHo cpeAcTBo rpe6a altoprl,I3oBafl,I ToKoM rpaher oA oBa ABa nepuoAa:
.
.
BeK
16)
Tpajarbe JrH3HHra.
251
BAXHA
Tpajame JIH3HHTa je y ocHowt nepnoA ToKoM Kor KopHcHHK JrH3I,rHra Kopucrr,r cpeAcrBo.
HANOMEHA
Ou o6yxnam:
.
o
.
.
JrH3r.rHfa
6r.no xoje cexyu4apHe flepuoAe roKoM rojux xopl,rcHnK Jrr,t3uHra r,rMa yroBopHo rrpaBo
Aa HacraBr,r Aa KopHcrH cpAcrBo, c rHM Aa je npn floqHrbarby JrH3lrHra y Hajnehoj
Mepr,r cHrypaH Aa he ucKopncrr,rrr,r oBo npaBo.
BAXHA
JIH3r,rHr
HANOM EHA
cpeAcrBa.
rpajarua flH3uHra:
aKryapcKh MeToA
s6r,rpnn
npaaonuxnjcxu uero4.
ueroA
o
.
.
o
o
aKIyapCK[ IIeTOA
adrpmr ruerog
rrpsBoJrrrHr{cxuueroA.
MeroAoM
anporcuuaqujy.
npryrp
areiiiyapcnoi nediod a
Jeluo npelysehe
l.
2.
3.
4.
KopucHux
Jrr,r3r,rHra
Arrroprlrsaqnja ce Bpul
r,r
Pewerue
l.
xopax
Moxeuo
Kao urro 3HaMo Ha ocHoBy npefioAHor npuMepa, caAaurlba BpeAHocr r{erupu uahama y
BVcptHW oA $2.000 je y crnapra H3Hoc ueHe 3a roroBuHy oA $5.710. JIHSLTHT je tar ea nyHy
BpeAHocr cpeAcrBa H crora ce paAr,r o QuuaucujcKoM nr,r3r,rHry.
252
MPLAN PUBLISHING
(no4roxlro atroprnsaqnju).
Ar'loprusaqr,rja ce Bp[rH roKoM ocaM roAHHa (npernocranna ce Aa cpeAcrBo HeMa
p$HAyilrrHy BpeAHocT no r,rcTeKy Tr,rx ocaM ro.qr,rHa).
$714
3. xopax
O6anesa ce
crvramyje 3a
5.710)
$2.290. Pacnopefinmme
oBor ll3Hoca Ha cBaKo mahame 3aKyrIHHHe H HaKHaAHy KantITaJrHy cyrvry roja je ocraaa
ueucnraheua ce rcpavyHaBa na clegehr HaquH:
faaouu4a
Ilepuo0
(Zoduua rcoja ce
sooputma 31.
de4eu6pa)
Tpouutoou
Ilctuaheue
36up
ilepuoda
laaouu4a
ua rcpajy
paiiie
uaEouelurcy fiuuaucuparca
15Vo ua
ilepuoda
loiluuutoj oc*oou
y$
5.710
4.s66
3.25t
t.739
20X2. roAnua
20X3. roAuHa
20X4. roAnsa
20X5. roAuHa
488
3.739
y$
(2.000)
(2.000)
(2.000)
261
2.000
(2.000)
y$
v$
856
6.s66
68s
5.251
2.290
y$
4.s66
3.2st
1.739
8.000
4. xopax
EQexar Ha QuHaucujcxe r,rsneurraje ce Moxe cWHparH sa creAeh.u
Ewtanc yciiexa
Haqr,rH:
Ewanc cwarua
Odasesa
loiluna rcoja ce
3ASqUUUA
31. detptfipa
20X2.
20X3.
20X4.
20X5.
20X6.
20X7.
20X8.
20X9.
Vrcyilno
opeduocu)
v$
v$
y$
v$
8s6
7t4
4.s66
roluua
68s
roAlrua
488
roru,rHa
714
714
714
714
714
714
712
4.996
4.282
rorurHa
rorutua
roAlrua
roprua
rolrsa
2.290
3.568
3.251
,:,
Ciiiuna
y$
3.25t
1.739
Tercyha*
y$
1.315
1.512
2.854
2.140
1.426
712
5.710
3a mlsm{r rge ce nnaharra Bprxe Ha rlpajy nepr,roaa, flocire4ber Aaua SmancujcKe rolgtr{e,
c.neAehe ruahane oA $2.000 he o6poarml rpotrrKoBe QunaHcupana sa qeAehy m4uy. To He
ro4ffy:
y$
- 685)
- 488
20X4. roAuHa (2.000 - 261)
20X2. rog:urela (2.000
20X3. roAuHa (2.000
1.315
1.512
1.739
Jru3r,rHra
MPLAN PUBLISHING
253
hCnhTHH
oa6r{a oA Ka[]rm[He cwe Ha no{erKy rrepuoAa flpe Hero [rro ce H3paqyHa KaMara.
Apyrru
peqHMa, KoJroHe 3
u 5 6w 6une o6puyre.
loAusa l. roArna
$2.290
2. rotwsa 3/10 x $2.290
3. rosuua 2/10 x $2.290
4. roAusa l/10 x $2.290
4/10 x
v$
916
687
458
229
AoAeJbeHe uu@pe
3.5 O6enoAabuBarbe
- Snnaxcnjcxn nusunr
KopLIcHr,IKa JIH3HHTa
QuHaucujcxor
JIHSHHTA:
o
.
I,I
o
.
.
fler
roAI,IHa
3a AaTI,I IIepI,IoA
He
nocrojame H ycnoBr onquja o6none nnu KynoBHHe I,r May3yne o nonehamy pare
orpaHr.rqerba xoja uauehy AoroBopI,I o JIH3I,IHry, Kao uro cy orpaHl,Iqerra xoja ce
THqy AHBT,UeHAI, AOAaTHOT 3aAyxl{Barba H AaJ6et JIH3I,IHra..
3.6 O6enogarbnBarbe
- llocnoaxu nH3HHr
254
KAPLAN PUBLISHING
OEPALIyHABAI-bE
nf3fHTA : nOmABrbE
15
o1 c.ne4ehHx fleproAa:
Arra{
Arxr,r OA IIeT
TOAI,IHa
la
flraha]ba JrH3HHra r,I IIoMH3r,rHra npH3Hara Kao pacxoA 3a AarH IIepI,IoA, ca oABojeHr,rM
I,I3HocI,IMa 3a MHHHMzr.rrHa n.uaharra Jlu3r,rHra, noreHqujalxe JIH3HHT pare, u naahana
floArrH3HHra
KopHcHHKa Jrr,r3r,rHra yrrryuyjyhr,r, aJIH He
orpauuvanajyhH ce Ha cneAehe:
o nonehamy
SuHaHcuicKu nH3HHr
CrarHe o6asese:
CrarHe o6asese
Teryhe o6asese:
5.710
714
4.996
ocHoBy $nHaHcujcror
Jrr,r3r,rHra
3.251
Jrr.r3r,rHra
1.315
[o
- O6anese
Jrrr3rrHra
rcoju
Ilsuocu
Heluo
doclieoojy sa linahaha cadawrm opeilnocili
HsHocl,t rojra 4ocneuajy sa
uahane ueAehe
roAuHe
ropma
y$
y$
2.000
1.315
4.000
3.251
6.000
4.s66
1.434
4.s66
LIssoA rrs usneuraja o pa{yrroBoAcrBeuuM [ornrtrKaMa
KaAa ce cpeAcrBa QuHaHcupajy JrH3HHroM rojzr'la ce 4ajy flpaBa Bpno 6nucxa
MacHHqKHM [paBHMa ("QuuaucnjcKr,r ru3HHr"), Ta cpeAcrBa ce rpernpajy Kao Aa cy y
flornyHocrr,r KyrrJbeHa. Oaronapajyhe o6asege [o ocHoBy Jtr43HHra ce npnxasyjy xao
o6asese npeMa AaBaouy Jrlr3uHra.
KAPLAN PUBLISHING
255
nCnnTHU
aMoprH3auHjy
3a:
cpeAcrBa
- nocroBHn
nn3]rHr
MI,rHr,rMaJIHa
cy 6um cleAeha:
y
fiocnena: y poKy oA roAr.rHy
floc.ne roAHHy AaHa,
$'000
y $'000
AaHa
a y poKy oA ner
roAI,rHa
x
x
x
x
foduwoa iiaaharoa
3etuuuwlue u odjerciiiu
v$
3-roAnumn
JrH3HHr
30.000
AKTT4BHOCT
50.000
Ilpe4ysehe "P Limited" je cxnonuno neroroAuuJr-br4 yroBop o nu3uHry 1, jaxyapa 20X3. ro4uue sa
MauilHy vuja Qep BpeAHocr H3Hocr4 $20.000. [o4uurua nil3hHr para je $5.200 u nnaha ce aBaHcHo,
a pesu4yanHa BpeAHocr Ha xpajy ucreKa nueuxra je u3paqyHara Ha $4.200 uro je usxoc xoju he
ce Bpar[r]4 npeAy3ehy "P Limited".
l-lpe4ysehe "P Limited" je o4roaopxo 3a rpotxKoBe ocurypatua u oApxaBaba. Kauarua crona
0g aac ce rpaxr
HAflOMEHA
Apryuexr,,cyunfiHa
u3HaA
Qopue", 3Hat{il Aa ce
n!13[Hr
eKBhBaneHT
TIIaJMJbI'IBarbe craulHor cpeAcrBa. o6pHyro, nocJroBHu JrH3r,rHr rpe6a ga ce o6pauyHana
o6es6elutearuy
npcre
Ka[HrulJrH3oBa]beM r,r auoprusaqujoM cpeAcrBa roje je IIpeAMer JrH3r,rHra.
nocMarpa Kao
guHancnjcrux
fine
cpeAcraBa,
Jrr,r3nHra ce
256
MPLAN PUBLISHING
OEPALIyHABAFbE flLl3hHTA :
@uuancuicxu nttl3ilHr
Sunauc
crama
lTocnoanu ntguHr
nn3uHt
KoHcraHTaH
BA)KHA
nOmABrbE 1s
uxeecruqujy)
BpeAHocr - auoprusaquja)
Auoprusaquja
HAnOMEHA
ocHoBy
H3Hocy
4o6urr
ce
raxole
nhsHHra'
Hero ylarau,e y nnsnHr je y noqerKy Ha6asHa BpeAHocr ror cpeAcrBa 3a AaBaoua Jg3[rr{ra,
WarbeHa sa 6uno KaKBa norpor<IaBarba ApxaBHtlx wrv Apymx AaBarba (ro jecr @p npeanom).
JIusHm pare xoje je KopI,IcHHK JIlt3HHra Hcrurarr,ro
Ha (a) 6pyEo npm(oA (ro
BA)KHA
ili'nt'il
jecr @nuaHcrj.rrur
AaBaor-ry Jr[3HHra
rpr.D(oA AaBaoqa
y'i::-"{::i'_1' 1p"I1:'l
l:::.::r:tiiyr'
je, gaue, 1':-vl::::-ll1'Tl 1:: i:::
Ilorporc4Balba)
@ep npegnocr cpeAcrBa WarbeHa 3a oHe AenoBe HaKHaAe sa
JIu3HHr xoje cy pacnopefene 3a orruIary rnaBHHUe. Texnu.rxla MeroA oBor nocrynxa je
MeroA Hero roroBrHcKor yJramrba, aau je y HacraBHoM nporpaMy HaBeaeHo 4a ce ro Hehe
qeHaror
AaBaoqa TpaxHTH Ha OBOM I{C[HTy.
nil3ilHra, yMaibeHa ga 6uno
KaKBa norpaKrBaba
Pavyuono4crBo AaBaoua Jru3r,rHra he 6nrn oApa3 yHoca y pa{yHr.rMa
notlerKy xa6aeHa
Karrr{rarra.
cpeAcTBa 3a
Qep
Kopr,rcHuKa Jr}r3HHra.
epe4Hocr).
je npegr'rer
Jrr,r3r,rHra
sa c.neAehu
HaqHH.
BWcwHtr
Jrr,r3HHr.
QuHancujcru,r rtH3HHr".
v$
o
o
20x2.
8s6
20x3.
20x4.
488
20x5.
261
685
2.2q0
856
2.000).
3a
JrH3HHra
cy cle4ehu.
(Duuaacujcrcu ausuuZ
Ha
r,r
caAautbe
MPLAN PUBLISHING
257
n Cn UTH
14
n PEAM ET
: Oh HAHC I4JCKO
14
3BEtllTABAl-bE
Ilop.a rora, rpe,[y3ehe rpe6a Aa o6enoAaHLI yKyrHo 6pyro ylararue y nH3HHr I,I caAatxrty
BpeAHocr MtrHHMa[Hor n.nahama JrH3uHra roje ce norpaxyje Ha Aaryrl 6utasca crarba, 3a
cBaKH oA creAehux flepnoAa:
.
o
oA fler roAHHa
o
.
o
floreHqujanue
HaKHaAe 3a JII,T3IIHT
[pH3Hare y np[xoAy.
Iloutoouu ttusuuZ
cra}ba:
.
.
[ep]IoA
He.4tl(H oA roAI,IHy
AaHa
yKy[He noreHqujarue
JII,I3HHT
AaBaoqa JIH3HHra.
BAXHA
HANOMEHA
l-lpousaofiav unu nocpeAHuK
Mory Aa noHyAe xnrieuruua
onqu,jy nornyHor orKyna Hnlr
3aKyna cpeAcTBa.
Ha cacraBHe AenoBe
[a
3ar(yna cpeAcrBa. Onqrja orl(yna je lar.ne cpeAcrBo rloAcrfiuarba npoaaje ll Moxe 6wn y
naKery rojr.r qeJryje [pHMaqHo, Ha npnMep rola roja ce rynyjy 6es nxuqnja.nHot ynararba.
llpeua IAS
ce npoqaje.
258
MPLAN PUBLISHING
5 KnacuQuKaquia rlr3uHra
Kao urro cMo y oBoM rrouraBJby
Br{Aen}r
Aro pasltorpllMo
uj
cxor
BA)KHA
HANOMEHA
Y ueruu
nepuoAa 0A
HeKOnhKO
ro4uxa. BnacxnuJTBo ce
He
ce y eauger4aju nynqa
Harr{r{H
Kao
Ocnonsa pa3nnKa nruefy yroBopa o Ky[oBr,rHr.r Ha pare r,r Apyrnx o6.nnxa nusnHra je ro
rxro KoA yroBopa o KyIIoBI,IHH Ha pare, MacHnrrrrBo uag po6otrr 3aucra npena3u Ha
Kyrrqa, o6lavrro Aocra rrpe HcreKa nexa rpajama cpeAcrBa.
rperupajy ua ucru
HaKoH Kor cneAe pare pacnopefeHe roKoM fieprroAa oA HeKoJIHKo roAHHa. BracHuurrso ce
He IIpeHocH cBe AoK ce He r{cflnaTr.r H flocneArba paTa.
Jrr,r3uHra r.rs
IAS
17.
14
3axruyuar
Cpelcroa crerreHa nyreu Snuaucujcxor JM3HHra o6uquo ocrajy cnojr,rHa uacHura/Aanaoua
JrH3HHra, npaBHo flocMarpaHo. Mefiyrurrtr, 3a cBpxe pa{yHoBoAcrBa, oHa ce
rperupajy Kao Aa
rao
KyrroBHHy
KAPLAN PUBLISHING
259
t/ JC
KO h3B EtllTABAl-b E
ilTAFbA 3A
Itt4LtHy
NPOBEPY
O6jacxure xaxo s6r,rpxur uerog SyxxquoHr4ue KoA o4pefuearua KaMare xa nueuxr. (3.4)
NPAKTt4I.{HO
N ilTAFbE
l-lpegyeefre
V npegyeehy
nocrpojema
uJones'
uJones"
uVlnnie"
'Backward or Bust'
Ha qerupr4 roAuHa 3a
Bt,tchHr4
oA
50.000 xoje ce nnahaly yHanpeA u ca onquoHr4M ceKyHAapHuM nepuoAoM oA Tpr roAuHe no HaKHaflu
0g
(a)
Bac ce 3axreoa:
Aa nphnpeMhre MeMopaHAyM sa $uuaxcujcKor AupeKropa npegysefia'Jones" y xou here
u3noxhrr4 H3Hoce xoje rpe6a yKrbyt{r4T}r y 6nnauc craba il 6lrnauc ycnexa npegyeeha 'Jones"
31.4eqeu6pa 20X7. roguue ea o6e uoryhxocr!4, t,r Aa yKparKo o6jacxure nphMeFbeHo.
(10 noexa)
(6)
Haaegure yKparKo (6es uspauyxaeaba) xaxo 6t4 ce oee gee r,toryhxocrh rpernpane y paqyHuMa
(4 noexa)
npe4yseha "Backward or Bust' 3a roAHHy xoja ce saapuuna 31. geqeu6pa
20X7.
(Yrynxo: 14 noena)
HTAI-b E
lAcnnTHor'
TN NA
llpegysefie P
l-lpegysehe P je uHxeruepcxo npegysehe xoje nyxo
ToKoBa roroBhHe roKoM nocneAronx roAr4Ha, BenhKn Aeo oBorynararua ce Qunaxcupa us sajlaosa. Kao
nocneAuqa rora, xoeSuqujeHr 3anyxeHocru npegyseha P je gocrurao HenphxBarrbr4Bo Br4coK HHBo,
260
KAPLAN PUBLISHING
OEPAL{VHABAI-bE
nh3rHfA : nOrnABJbE
1s
rpaialba oA ner
Ha
npena(eba
Ha flh3uHr.
0g
(a)
Bac ce 3axreBa:
ga nouohuuxa rnaBHor pavyxoaofe y xotrle here oAroBopt4Tu Ha
Aa cacTaB[re MeMopaHAyM
r-br4xoBo nhrabe Aa nn3uHr cpeAcrBa xehe uuarn eQexar ua xoe$nquiexr 3aAyxeHocrrt
npegyseha P. Baur MeMopaHAyM rpe6a ga ce nmuBa ua ogpe46e peneBaHrHux paqyHoBoAcrBeHux
(8 noena)
craHAapAa.
(6)
(Yxynxo: 20 noexa)
)dZooope Ho ooo iuilarca nouceute uahu
o.qroBoP HA
AKTT4BHOCT
foguna fnaauu4anpeteTa
|lnaha*e
wnperxo1tor nrcuHra
nephoAa
20x3. 20.000 5.200
20x4. 17.M2
5.200
20x5. 13.636 5,200
5,200
20x6. 9.714
20x7.
5,200
5.200
15,15%
14.800
11.U2
8.436
4.514
2.242
1.794
1.278
686
roAuHe
17.042
13.636
9.714
5.200
v$
l4gxocr,r xojn gocneeajy no ocHoBy Suxaxcr,ljcxor rmt4Hra (17.042
5.200)
11.842
V oaoj curyaqr,lju nnahaba n[euHra ce Bpure yHanpeA. Taxo 4a cnegeha para gocneea xa nnahaFbe 1. 4axa,
a
rexyha o6aaesa ua rpajy roguxe o6yxaara Srauaucuicxe rpotuKoBe us rexyhe ro4uxe (xoju cy
o6pavyxaru, ann Hucy nnahexu). fla 6r,t ce ffipaqyHana cranxa o6aaesa, nyH r3Hoc cnegeher nnaharua ce
o46nja og canga Kannrana ua rpajy roAuHe.
KAPLAN PUBLISHING
261
h Cn hTH 14 n PEfl M
\)
262
lGPI.AN PUBLISHING
llornaBrbe 16
CAA PXAJ
3APAAA nO AKqHJt4
NOTIIABJbA
1. 3apaga no axqujn
2. 3axresn IAS 33 y
norneAy ocHoBHe
rapage no axqniu
3. Paspetueare
4. flpesexraquia
pa3wefl,r.
o6enoganneare
Llnrueeu
5. 3xavai pa3ntr'{HTlx
6poixu sapage no
axqnin
o
.
o
6. Orpaxuveua 3apaAe no
no arqujn
1 3apaga no aKquin
BAXHA
HANOMEHA
3apaga no axqujr ce
Kopr4cru 3a npoqeHy
reryhrx
$nHaHo,rjcrc,tx nep$opr,raxo,t
npe4ysefia ne roArHe y
roAur{y
14
3a rcpaqyHaBahe
rnaBHor uHAHKaropa
KoeSnur,rjenr uena/npnxoA:
nep$op
xoeSr,tqulexra qena/npuxog
Tpxuuna
BpeAHocr
flE xoednuriexr
aKqilie
Enc
BAXHA
HANOMEHA
[1perne4arue Kperarba
3apaAe no axquju gaje
npequsxujy HasHaKy o
npoSrra6rnxocru og
npocror nopeferua 4o6nrr.
craHrapA Auepnvxor
og6opa 3a craHAapAe SuuaHcujcxor paqyHoBoAcrsa. Y Be.uraroj EpnraHujtt, O46op sa
paqyHoBoAcrBeHe craHAapAe je o6januo craHAapl (FRS 22) rojn je ycuafieu ca IAS 33.
Beh caAa je na r'le[yHapoAHoM H]rBoy ocrBapeHa suavajHa ycx.naheuocr no oBoM [I,IraI6y.
r,I peJIeBaHcrHH
flenoxpyr IAS 33
fqEorHHLlt4JE
06nqxa axquia je
BnacH[qKu uxcrpyuexr roju
ie nogpelex cBHM ApyrlrM
Ol
KnacaMa BnacHHqKr,rx
r,rHcTpyMeHaTa.
1.3 fleQunnquie
llorexqnianxa o6nrxa
O6uqHa axuuja
axquia je Quuaxcujcxr
14HcTpyMeHr [nil Apym
yroaop roju noce4Hnry gaje
KAPI.AN PUBLISHING
B,IaCHHTTKHX lIHCTpWeHaTa.
noceAHHKy
263
uln
rapauqnje
onqnje
arquje
xao
axquja.
BapaHnr luur omprje cy Sr.trancujcKH r4HcrpweHru xoju cBoM MacHHKy Aajy flpaBo Ha
Ky[oBr,{Hy o6uqHr,rx axuuja.
2.1 Pauynarue
3apaga no
arqujr
BAXHA
HANOM EHA
l4snoc,qo6rrn npeAcraBrba
,qo6ur uaxon og6r,jarua
Ar4BuAeHAlr Ha HeoTKynuBe
npuoprrerHe axqrje.
2.23apaga
3a cnpxe H3paqyHaBalm ocHoBHe 3apaAe no arqujn, Ao6rr mu ry6nrax 3a Laril nepuoa
rpe6a ga 6yay lo6ur ulu ry6urax xoju ce npnnncyjy aKrlr,roHapnMa y MarHqHoM
npe4ysehy yMarbeHu 3a AHBHAeHAe Ha HeorKynr,rBe npnopuTerue arquje u 6ruo roje
4pyre axuHje ca flpeq}IM npaBoM. flunu4euge Ha orKy[HBe/roHnepru6u[He npHopHTerHe
arur,rje ce rnacu$uryjy Kao Aeo $nHaHcujcrcnx rpotxKoBa u oa6r.rjajy ce y npouecy
u3parryHaBarba Ao6um npe oflop$l,tnama. )
BAXHA
HANOM EHA
pacnopeAfi cpa3MepHo
Aa
He.
cpa3MepHo
noHAepucaHoM npoce'{HoM
Sapaga rpe6a ga ce
axqujcxolu Kanurany.
ZOO.OOO
l. jyla
20X8. roAuHe
Pe.[esarnre lrxr[oprrraquje
20x8.
[o6r.rr rrpnflHcuBa BJracHr{uHMa o6lrqHr,rx
aKrrnja 3a roAr{r{y roja ce 3aBpuJaBa 31. aeu.
Epoj errlnronan[x o6]r.rnr,rx axr-1nja 31. aeu.
264
\r,
Ilpanep
Jeguo npe4ysehe je eurrosairo
.,r
20x7.
$550.000 $460.000
1.000.000 800.000
KAPI.AN PUBLISHING
: {6[%# :
20X8. roluxa =rffi
20X7. roAuHa
57,5c
= 61,llc
flouro je 200.000 axqr.rja reHepucaJro caMo AoAarHe pecypce sa Ao6!n 3a noJra roAr.rHe,
6poj nonux axquja ce xopuryje [ponopur{oHarno. Hanouu}beMo 4a ouge rpe6a
Kopr,rcrr{Tr,r flpHcryfl ynorpe6e 3apaAy sa AarH rrepnoA 6es xoprronarua, au.vje rpe6a
noAeJlr,rrn npoceqHr,rM 6pojeu arquja rroHAepucaHnx Ha BpeMeHcKoj ocHonu.
2.5 Ertancuje 3a Kannrann3aqniy (raxof,e no3Hare
eMncnie HrH eMHcHje 6ecnnarxux axquja)
Kao 6onyc
,
I[
lt
aKrlr,roHap
BAXHA
Pasuorpnre:
HAnOMEHA
focnoAuu A noce4yje 5.000 aruuja y npegysehy E roje je euuronalo KarHraJI oA
Kaga Hexo npegysefie o
ueepuu 6oxyceuucl.riy, 100.000 axunja. IocnoAns A, gaKre, nocegyje 5% npegyzeha B
sapa,qarpe6a4ace o Ilpelysehe B npurr 6ouyc euncujy I sa I
aKqille y
o..nopeAu
'
o focno4un A caga nocegyje 10.000 axquja, a npeAy3ehe 6 nua 200.000 arunja y
xaxon oo'ryc
etrncujn. focnoAuu A n Aane noce4yje 5% npegyseha B.
.ur.ri..
Ha
Lrrcr,1ir,1
Ilpunep
Ilperysehe npul.r 6ouyc euucujy uore arqrje 3a cBar(y nocrojehy ararrjy l. jyna 20X8. ro4,rHe.
Perenarmre nur[oprrraurje
20x8.
[o6r.rr npulr,rcuBa BnacH]ruuMa o6u.{Hr,Ix
llspa.ryranane
20x7.
3apa,qe
rorutm=ffi:
V pavyHur'la sa 20X7.
axqraja
aeueru6pa
$550.000 $460.000
aruuja Ha AaH 3l . .ueuer'r6pa I .200.000 I .000.000
20fr.
38,33c
roAr,rHy 3apaAa
20X8.
no axryrjn
3a
roluna:
ry
ffi=
45,83c
1.000.000,-_-- 5
lloonoo vnv 6
CxoAHo roue, 0,46$
*f,
:0,3833$
MPLAN PUBLISHING
265
UCnnT Hn n PE qM ET : Oh HAHC
h JC
KO
t4
38 EIIJTABAI'bE
6u nualo rpxuurHy
BpeAHocr oA $15,00. Haxou euucuje, urecr arc1uja 6w, celerus paribus, vtuuto ucry
BpeAHocr. [,aue, jeAsa axuuja 6w umata reopercKy ueHy nocne euucnje oa $15,00
6=
$2,50. Hora 3apaAa no axqujn je, cxo4no roMe, Moura lrcro raKo Aa ce mpaqyHa
MHoxemeM crape 3apaAe no axqujn reopercKr,r HoBoM arqujorrl noAeJbeHoM ca crapoM
qeHoM:
$2.s0
($too:5)
5
Ilouro caAa r,rMa urecr aruuja y eur,rcujn 3a cBaKHx 5 nperxogHo nocrojehux aruuja, 6poj
aruraja HaxoH euucuje je:
* 56 :
3.00
:1.200.000
x i5O
One rrrefiyco6He Be3e cy BaxHe KaAa ce paAr,r ca eurncnjou npaBa - BHAerr,r y AaJbeM reKcry.
1.000.000
BAXHA
HAnOMEHA
3, *,{rl. prA, *r,{r*
3aBHcHor npegyeeta
rpe6a
3apafly rpyae'
npernocTaBuTu Aa cy
npaBa
go6nru
npe4yaeha Euuclrje flpaBa npeAcrawrajy noce6He npo6leue 3aro uro o6e aajy AorrpuHoc y BHAy
yffbr]yjy y 3apaAy rpyne. AoAarHHx pecypca u o6uqHo urrrajy qeHe xoje cy HIDKe oA nyHe rp)a,IuHe qeue. Oue,
. AaKJre, npegcranrsajy xorrl6uHoraHe KapaKrep[crrre arqnja no nyuoj rpxurunoj ueHr,r H
eurroBaHenpBorAaHa 2.7 EnUCUie
nep[oAa y xou ce
Hoeor gaBucxor
BAXHA
HAnOMEHA
ogpe$r,reanenoHAephcaHor
l'xopax
enucuje
npaaa
eMI'ICHJI'I
6oxyca y euucuju
MHoxetbeM
npaea,
KanHTaflay
2. xopax
npaBa:
qe,e
Teopercxou qeuou axqula 6eo
npaBoM Ha HoBe
npaaaxaxoaeaxqrie
lrlepavyHaearue
flpegysehe je eurronaao jeany nosy aKrIHjy 3a cBaKe gne nocrojehe axquje xoje ce gpxe
lto ocHoBy rrpaBa no uenrl oa $1,50 no arunju l. jyaa 20X8. roluue. Tp>rcauua rleHaflpe
euucuje je 6rura $3,00 no arqujr.
noHAepucaHor npoceKa
Y
reKcry'
Pe,nenanrue unQoprtra4lje
2ox,.
[o6rr
zox7.
$550.000 $460.000
arouja Ha 31. leu. 1.200.000 800.000
aeu.
roAusa
Ilpno6rarHo
Kopurorauo
20X8.
roAusa
ro
paqyHr,rMa saZDXl.roAHHy:
+tr#
:
sa euucujy rpaBa: 57,5c x
t#
47,92c
KOpHTOBaHO
: 950.000 '
266
:57,5c
*4
'2'5u
KAPLAN PUBLISHING
,l
.(,aue,
3apaAa no
anlrju
ffi
50,92c
ll0ctuyutlu
(1) 20X7.
roArrrra
llpe er,rrcnje flpaBa, Ase axuuje 6u npegere $6,00. Ilocne euucuje flpaBa, rpn axur,tje 6u
repopercKr,r BpeAene $5,00 + $1,50 = $7,50, r.nu $2,50 cnaxa. Oarosapajyfu.r pa3noMaK 3a
Kopr,IroBabe yaopeAHHx 6pojxu je, gar.ne, $2,50 noleneuo ca $3,00.
Kopuronaga un$pa 3apalqe no arquju ce MorJra Ao6uru [eJbe]beM 3apaAe oA $460.000
8oo.ooo(
#3
ffi#
(2) 20X8.
=e6o.ooo
:0,47e2$)
roArrrra
flpurnrou
roAr,rHy r,r
[opacr
oA Aarux fipr,rMepa
[a je oguax
'
- fifi
20X7.
roAr,rua
0,575$
20x8.
roAHHa
0,6lll$ -
fi$
:0,4792$
:0,5092$
Oue cy, Kao [rro 6u ce u orreKHBilJIo, Hcre Kao H L([Qpe r,Bpar{yHare sa euucujy npaBa.
AKT tAB H O C T
Ha 4ax 31. geqera6pa 20X1 . ro4uue eMHroBaHu axqujcxu Kanuran ce cacrojao o4 4.000.000
o6uquux axquja og no 0,25$, a axquje cy Korr4paHe no $1. Ha AaH 1. jaHyapa 20X2, ro4uue
npepysehe je usspnruno euucujy npaBa y nponopquju 1 sa 4 no 0,5$ no axquju. Pesynraru
20x1.
y$
320.000.
[lpuxaxure
20x2.
y$
425.000
useeurajuua sa roAilHy xoja ce 3aBpuuna 30. jyxa 20X2. rognue (yxnyqyjyhu ynopeAuBy qu$py),
Oddoeop Ha osy orclhuouocut tuouceule uahu ua rcpaiy
iloilaena
"fIlr
MPLAN PUBLISHING
267
UCn hTH
14 n P
3 PaspefirBabe
3.1 3naqerue pa3petnBaba
OcHosHa 3apa.qa no arcqujn HsparryHara Kao y [perxoAHoM TeKcry 6n norra la aaje
norpeuHy npe4craBy Kopr,rcHuur,rMa axo 6u ce HeKaAa y 6ygyhHocrr 6poj axqnja y
eurcuju nosehao 6es cpasuepuor flopacra pecypca. Ha npuuep, axo npegysehe euuryje
o6nesuuue xourepru6urHe, Ha ueru racnrju AarW, y o6nvHe arqlrje, ttpHnHKoM
BAXH E
HANOMEHE
Axo npegysete eMhryie
o6aesxuqe xonaeprr6unxe,
na xexu xacHrju AaryM, y
o6uvxe axquie, nphnHKoM
xoxaepsuje 6poj o6uvxlrx
axquia
te
nopacru, aflu
HoBr4
KanHTan He yna3[ y
axquju o6enogaHr u
Aecun0.
BAXH E
HANOMEHE
ronnepsnje 6poj o6nvnux aKur,rja he nopacru, HHKaKaB HoBH KanurzrJr uehe yhu y
npegycehe H 3apaAa he nopacrn ycneA y[rreAe qr,rM ce nJraru r,r3Hoc KaMare Ha o6sesHnqe
HaKoH orrope3rrBarm. rlecro je nonehame 3apaAe [po[opulroHzrJrHo MaBe oA noseharba
axquja y euvrcwjw. Onaj eQexar ce rra3uBa "paspefnnarre", a aKquje roje r:pe6a ga ce
eunryjy cy "parpefyjyhe noreHqujarne o6!t'rue aKqr,rje".
llper'ra IAS 33 ce, AaKJre, oA nperyseha 3a.xreBa Aa ce, nopeA ocHoBHe 3apa,u,e no aratr.rju
o6eroAanu u paspefeHa 3apala no arc+rjlr H3payyHara ropnuherreu rercyhe 3apare, aru,I noA
flperrocffrBKoM Aa ce Hajrope uoryhe 6yryhe paspeflurarre seh Aecr.uo. [Iocrojehlr aKqr{oHapn
Mory Aa nocuarpajy pa3peheny 3apa.ry no arolnju Aa 6u svrerut eQexar ua rexyhy npoQrra6H.mrocr o6asma xoje cy neh crnopeue ga6n ce eMlrroBirle o6uwre arc-prje y 6yryhuocru.
3a cnpxe H3paqyHaBalba paspefeue 3apaAe no aru1uju, 6poj o6uvHr.rx axqr,rja rpe6a .qa 6yae
floHrep]rcaHu flpocerrHil 6poj o6uvHr.rx aro+rja r,r3paqyHarr,rx Kao 3a ocHoBny 3apaAy no
arqujn, nnyc floHAepr,{caHr,r npocevnu 6poj o6l,t.rHux aqnja roje 6n ce eMr,rroBurJre
npunr,rKoM xoHnepsnje crux paspefeHux norenqnjarHux o6u.rHux aru1nja y o6rvHe
arqraje. Paspefene norenqujaaue o6u.rHe axqraje ce ysr.ruajy Kao Aa cy KoHBeproBaHe y
o6u.rHe aKquje Ha noqerKy neprloAa, I,r[rr, aKo racnuje, Ha AaryN{ eMuToBarba
noreuqnja.nunx o6n.rH[x arunja.
llpr.u'repn Sarropa paspef eHocru cy:
.u *orueftrr6urHe npuop}rrerHe
aKqr,rj e
[lpuuepu $arropa
paspefeHocrr cy:
.
.
xoxgepna6nnse o6aeaxuqe
xoxgepru6unue
a cy
npnopnrerxe axquje
onquje u rapaxquje.
'norexquianxe o6uvxe
axquje'.
l. anpula 20X1.
124
120 arquja
ll0
Pe.resaHTfl e
115 arurr.rja
axqnja
unQopuau{e
EMrrosaH[ arctujcrur
$500.000
KatrHTzuI:
[o6ur
[o6ur
nocne onopesuBa[ba
aKluja
ol
no
$1
4.000.000 axquja.
268
awuja
20x2.
20xl.
y$
v$
1.100.000
991.'818
100.000
75.000
1.000.000
916.8r8
450.000
550.000
412.568
504.2s0
KAPI.AN PUBLISHING
(1)
Ocxonua 3apaAa no
[o6nr
aqrjn
20X2. Zodwa
20X1. loduua
y$
y$
550.000
504.250
50.000
s0.000
500.000
454.250
flocJre onope3rrBana
(2)
axurjr
12.5c
l.4c
500.000
454.250
100.000
75.000
(33.7s0)
Kopnronana
BpeAHocrH
3apaAa
555.000
495.500
lOc
9,6c
arqrja (20xr
5.162.500)
G)
IIocwyil4u
Cse ao 20X5. roAHHe MaKcHMalaH 6poj axquja roje ce er'lnryjy nocae xpaja
Quuaugrjcre roAlrHe he 6raryr no cronn o[,124 axquje no $100 sa $1.250.000
o6nesHrqa, ro jecr: 1.550.000 arqraja. Ca 4.000.000 neh y er'luorjn, yrynuu s6up
nocraje 5.550.000.
6u ce caA KopnroBana.
BAXHA
Onunja
HANOMEHA
oA
1,rM?
rrp0B0r
KynoBuHe axquja y
Epoj axqnja xoje ce Mory H3BpTIIHTH ce npBo cuamyje sa 6poj axuuja xoje cy ce Moule
Kynufl,r no $ep BpeArrocru ys HaKHaAy xoja ce uaha npeua onunjn. Ocrarax, axuuje
eMr,rroBaHe 6es HaKHaAe, je cruvan 6ouyc euucuju n Aolaje ce ax{njaua y euucuju.
Ilpuuep
Ao6nr sa 20X1.
$1.200.000
roAHHy
rolune
500.000 arqnja
roronre
$20
100.000 axur.rja
KAPLAN PUBLISHING
$ls
269
Cn hTHH n
t4
JC KO
L1
3BE IIJTABAI-bE
Iio
[o6nr
ga 20X1.
arc4uju sapado
roAr,rHy
$1.200.000
roAuue
OcHosHa 3apaAa no arqujr
Epoj axquja npeirra onqnjw
Epoj axqnja xoje
611
onquje
500.000
$2,40
100.000
6ule euprrouane
no Qep BpeAHocrr:
(100.000x15)120
PaspeheHa 3apaAa no arqujr
*
$2,29 $1.200.000
(7s.000)
525.000
*Hailonena: HsHoc 3apaAe Huje ropnronaua jep ce 6poj axunja nonehao caMo 3a 25.000
aquja sa rcoje ce cMarpa Aa cy eMHroBaHe 6es HaKI{aAe.
4 Ilpesenraquia H o6enogarbuBabe
4.1 flpeaexrar{Hia
BAXHA
HAnOMEHA
f'lpepysefierpe6aga
npilKa(e
ocHoBHy
t4
pa3nr4q,ThMnpaaouyreuha
go6r,lru 3aAaTH
nepuoA.
4'2o6enoAalbHBalbe
Ilpe4ysehe rpe6a Aa o6eloAaun clegehe:
o
.
BAXHA
HA1OMEHA
He
[1o4 ycnoeou Aa cy
u paspe$eHe 3apa4e no
axquju usparyxare
o6enogaruexe cxogHo
IAS
V osurr{ anrepHar[Baua, 6poj axqnja ce Mopa H3pa{yHar}r y cKnaAy ca IAS 33 u axo ysera
[sHoc Ao6HTn ur,rje jelnna craBKa y 6uraucy ycnexa, Mopa ce o6es6eAr,rr[ ycuahuname
ynorpe6neHor H3Hoca H H3Hoca ug 6unasca ycflexa.
270
KAPI.AN PUBLISHING
BAXHA
HANOMEHA
Haxo ce sepyje la 3apaAa no axqrjn HMa Marro peanHor yrta(aja Ha rpxutrrHy rreHy
axqlrja, oHa HMa HeKoJrr.rKo BaxHr,Ix orpaHuqerba Kao"Mepa nepQoprrlaHce.
o
o
He FHMa y o6snp nHQnauujy. IIprnHAaH pacr sapagg MoxAa He oApaxaBa peanaH pacr.
Easupa ce na nHSopuaqujaua o fipo[rnnM goraflajnrrra ]r crora He o6es6efyje HyxHo
BpeAHocr npe4nufiama. Bncora 3apaAa H pacr 3apaAe ce Mory nocrnhu Ha urery
ynararta roje uoxe reHepucarlr nonehauy 3apaAy y 6ygyhnocrn.
npounlrM 4orafajuua u
crora xe o6eg6etyly ryxrno
BpeAHocr npe4eufarua.
nopeAr,rTr,r.
jr
He yeuuaiy y o6sr.rp
uuSnaqrjy
6aoupajy ce xa
uH$opuaqujaua o
sapage no arqrjn
pa3nuqHTr4x xounaurja,
3axruyvax
3apa,qa no arclraju ce H3paqyHaBa u o6eloAau,yje sa cua npegyseha uujur'r ce axqnjaua
jaaHo rpryje. Konnlrxaquje ce janrsajy aro je gou.no Ao rpoMeHe y H3Hocy KanuraJra
o6u,{rtl,tx arqnja y AaroM flepuoAy. Kao u y clry.rajy ocHoBHe 3apaAe no axulrjn u
paspefeHa 3apaAa no axryrju ce Mopa o6elogauurn KaA roA nr'ra paspefiyjyhux
NMTAFbA 3A
fl ylq Hv
NPOBEPY
nilTAt-bE
NCNhTHOT
TilNA
[a
Haae4ure rpu npuMepa norexqujarxurx paspefuearua KoA r43paqyHaBaba 3apaAe no aKqiljil. (3.1)
o
r
uapra 20X4. roguHe. E$errueHn Quuaxcujcxu rporxKoBr4 oelrx axquja sa "Earnit plc" r43Hoce
10% xa rograurruoj ocHoBt4, anu ro jonr Huje ysero y o6sr,tp y paqyHoBoAcreenoj esu4euqujr,t,
Ocno6afarue oA nopesa uuje uoryhe KoA oBr4x $uxaucnjcxr,rx rporxr(oBa . Kmuroao4creeua
BpeAHocr axquja y Suuaucujcxurr,r usaeurajuraa Ha AaH 31, uapra 20X9, ro4uue je 6una $110
MUnU0Ha,
yM$
flo6ur npe onopesuBaba
Onopesuearue
-'"r
65
I2OI
45
Ilpe4yaehe uMa nporpaM onquje axquja. Vcnogil onquje cy raxsil Aa ce anacuuquua onquja
Ao3BorbaBa Aa Kyne 1 o6uvxy axqujy ea ceaxy onqujy xoja ce Apxu no qeHu oA $1,50 no aKlp4ju, Ha
AaH 1 . anpuna 20X9. ro4uue, 1 00 uunuoua onquja axquja je 6uno y euucuju. Ha 4au 1 . omo6pa 20X9,
roAlrHe, BnacHhqu 50 uunuoua onquja cy ucKopucrun!4 caojy onqujy KynoBuHe, !r 70 MhniloHa Hoeux
onqnjaje eMuroBaHo noA ucTr4M ycnoBuMa xao u nocrojehe onquje, Toxou ro4uue xoja ce saBpuuna
31, uapra 20X0. ro4uue, npoceqHa rpxr,rrJHa qeHa axquja y npegy3ehy "Eamit plc" je 6una $2,00,
Huje 6uno HuKaKBhx Apyrhx npoMeHa 6poja axquja unu Heucnnaheuux onquja axquja roxorvr roAuHe
xoja ce 3aBpul4fla 31, raapra 20X0.
MPLAN PUBLISHING
271
Og Bac ce 3axreBa:
(a)
fla uspauyxare
xoja ce saBpuJuna 31. uapra 20X0. ro4une. HE rpaxe ce H3Hocr4 sa nperxoAHy roAuHy.
(10 noena)
(6)
(a),
(Yrynxo: 20 noena)
OA;OBOp HA
AKTI/BHOCT 1
(a)
y oi)enrcy OdZooopu ua
rcpaiy rcruuZe
flpe euucuje
Euuotja
npaea 4 axquje
1 axquja
npaea
xoje ape4e 4 x $1
qeua 0,5$
4,00
0,50
4,50
1
ro jecr reopercKa qeHa cBaKe axquje je $4,50;5 = 0,9$
roA!{He, npujaarueua
flpr,rrueua
o.0B$
(6)
llpoune
axqnja
= 0.0g$ *
aKq[Ja
0;?$
t {t
= 0.072$
ro iecr 4,ooo.ooo *
1# *
"X:J 2 uecequ
2.222.222axquja
6poj axquja 1. jauyapa 20X2. ropuue go 30. jyHa 20X2, ro4uue (craapxu):
b
tz
-x
2,500.000 axqnja
5.000.000 =
,.3apaAa no axquju
= Y.rrrr,
0,09$ no
4.722.222 axquja
axquju
je
je
flouro
euucmja npaea e$errueuo xola6nxaquja euucuja no nyuoj qexu u 6oHyc elaucuja, xeonxo4uo je
KopilroBaril 6poj axquja 3a oHilx uecr Mecequ npe euucuje npaBa sa eneMeHar 6oxyca. 3a
euucujy no nyxoj qexu, 6uno 6u xeonxo4no r4opaqyHal,r noHAepilcaHil npoceqHu 6poj axquja xao
uro je xasxavexo 6112 Sarroporr,r, Oarrop 100/90 y npBux uecr Mecequ ce Kopr4crr 3a
KopuroBabe 3a eneMeHar 6onyc y euucuju npaaa,
272
MPLAN PUBLISHING
l,'
'
'
llorraBrbe
cAfl PXAJ
17
El INFORMATIKA d.o"s.
NiE Bulevar cara Konshntina 80+4
NOTTABJbA
AHAJlrl3A
1. Tyuarene $nxaxcuicxux
nxQopuaquia
2. Hrpasyxaaam KoprcHnx
xoe$nquiexara rs
Snxaxcuicxux noeeunaia
3. Koednquiernr
npo$rra6nnxoum u
e$nxacxocrr
pyKoBoAsrBa
4.
Y onou
5. flyroporxa $uxaxcujcxa
cra6unxosr
6. Koe$nqnierru
tlHBeCIr{TOpa
rpa>rc,t aHirJrn3a
Lluruean
KaAa sasp[rHTe oBo [orJraBJbe rpe6a.qa Were Aa:
.
.
nnQopruaquja y
y xojuMa ce
nHcaHHx
usaeunaja o nosuquir
xanpen<y npegpefia
9. Axanffia Kperalba
Tyuave*e Suxaxcricxux
usBeuraja ypateHnx
ocxoay rexyhux
rpolrlKoBa n rexyfie
xynoaxe rirof,n
cacraBr,rTe usneulTaje
Snxaxcnicxum
rsaeunajnlra
8. Cacraanane
H3pa{yHareKopHcHe@nuaHcnjcxe roeonuujeHre
pe3yJrTaTlr Br,rue npaBHHx Jlr{ua.
7. Ilpoqena HeflocraraKa
0.
TyMAtlEl-bE
Kpan<oporxa
$nxaxcuicxa ma6rnxocr
J/l
Ha
AEONHr4qr4JA
Bepmxanxa axanusa je
xai4upelrnujn MeroA aHanu3e
Suxaxcujoorx r,rsaeunaja. Oxa
nogpaayueaa nope$ere
reryhe ro4uue ca nperxoAHoM
roAHHoM
ur
6enexeme u
.
o
I,r3 HoBHHa
o
.
Hiula3e
npBHM peqeH[IlaMa
CABET 3A ilCNilT
l-locrapaire ce ga y oAroBopry
nrfTaby.
MPLAN PUBLISHING
ol
273
Cn HTH
14
n PEAM ET : Oh HAHC
t4
JC
KO t43BEtUTABAl-bE
BAXHA
HANOMEHA
Xopnsoxranxa aHanu3a
noApa3yueBa nopebebe
jegxor npegyaeha ca ApyrHM
CE SI,IHHTH BHCOKHM.
AenaTHocTr4 y3 A0nyuJTabe
cpeAcrBa y3era ttoA JrH3r,rHr roja ce MoXAa yomrrre He nojare y 6rnaucy crarba.
(flpeua IAS 17 3axreBa ce Aa ce cpeAcrBa roja ce Apxe rroA $uHaucujcxuM JrH3r,rHroM
yHecy y 6unavc cralba, auil4 He u oHa xoja ce Apxe rroA rrocnoBHlrtrl lusnurou.)
nocrojarua pa3nHKa.
BAXHA
HAN OM E HA
BpeAHocTHMa
l-lpoceq,l 3a AenarHocr
uspaaHaaajy e$eKar pa3nuKa
y paqyHoBoAcTBeHilM
nonulilKaMa !r TaKo AaJbe.
[poceq
I,I
BAXHA
HANOM EHA
saurro uuje.
[a m
og npo4ale, rpe6a
I,ICTpaXHBarbe
go6nr
fie ce
npgaje. fipyru
cy eapuia6nnxr,
npuxoAoM og
AKT14BHOCT
Ha rpnMep, r,r3Aaurl 3a
pasnoj?
6r,r
rpe6alo
KaAa crlrruere Ao Ao6urn flpe onope3uBa]ba r,rMa jour gocra Apyrm Qarropa xoje rpe6a
pa3Morpr,rrn. Axo pauvlaHr,rre pacxoAe, Moxere Bpurr,rru AaJba AerubHa nopefiema.
Huajre Ha yMy Aa cy:
MebaTH y cKnaAy ca
TporxKoB14
BA)KHA
HANOM E HA
crora ce
aauro xuje.
Kaga nocuarpare
yrBpAr.rre
npegyaehrua y ucroj
npr4xoAoM
u auopursaquja
r,r
KoMr,IclIoHe Harcra.qe).
floraeparueu @xyca ca 6pFo Ao6uru Ha Ao6Hr npe onopesuBalba, Ha aHaflu3y Mory yruqarh
pa3He 3HaqajHe cTaBKe. Haae4ure HeKe npuMepe
1.6
flyroana KaMara
npnxoA oA ynararba
o
.
np[xoA oA yJlara]ba.
.
.
.
274
[poMeHeaKII]IoHapcKl,IXyflara]ba
TpouIKoBu npOuusuje
noBehaHe nosajuuqe.
MPLAN PUBLISHING
AHAIIt43A
.
o
BAXHA
HANOMEHA
Ka,qp nocuarpare
Ao6xr
nocrre onope3uBalba,
xopnmo je uepavyxaru
"@ercnraxy oony' nopeaa
nopeferueu rpourKoBa nop$a
ca 4o6uru npe onop$hBarba.
u o6prHr,trl)
1.8 fluangexge
Amuaerue rpe6a
la
BAXHA
HANOMEHA
Cuarerue AIBHAeHAI 3a
KorHpaHo npe4yeehe ie
u3y3erHo aa6puruaaajyfiu
3HAK,
2.1 Yaog
BAXHA
HANOMEHA
Cne4efiu KopaK
HaKoH
TaK03BaHe BepTUKanHe
BAXHA
HANOMEHA
Bamo je uea6parr Krby{He
xoe$uqujenre penaBaHTHe
3a 0H0 luTo ce rpaK4 y
r,r
y roM
cne4ehoj ra6eru:
rJraBHe
AarbeM TeKcry.
BAXHA
Bpua
Ogpaxaaa
flpuuepu
llpoQnra6unuocr
IlepSoprr,laxce npeAy3eha
u l.beroBnx pyKoBoAunaqa
HANOMEHA
Ko@uqujenru ce uory
xnacuQuxoaalr y qerupr4
rnaBHe rpyne:
.
.
.
.
npo$ura6unxocr
oA npuxoAa oA npoAaje
EQuxacHocr
E$rxacxocr
pyKoBoACTBa
ynorpe6e cpeAcTBa
O6pr sanuxa
e'ouKacHocT pyr(oBoAcrBa
Quraxcujcxr.r
uHBecTHqHoHlr.
Ouuaucujcxu
Ouxaxcujcxy crpyKrypy
Ll
cra6unxocr npeAy3efia
KoeSuqujeur 3aAyxeHocr4/xanurana
npeMa cpeAcTBuMa
KoeSuqujeHrn reKyhe ,r
y6p3aHe nhKBlrAHocfl4
lzluaecruquoxlr
3apa4a no axqujn
KoeSuqujem qexa/sapaga
4o6uru, Ar4BuAeHAil
x cpeAcraBa npeAy3efia
llpuxoc oA Ar4BuAeHAe
lloxpuhe sa AxBhAeHAy
Hero cpe4crea no axqujn
MPLAN PUBLISHING
sa
275
CnUTHh n P EAM ET :
Ot4 HAHC
14
JC KO t43BELlJTABAl-bE
BAXHA
HAN OM EHA
u flpr,rHoc Ha y[ocleHH
Pagnuqnre Kopr.rcHuKe
$uxaucuicrux ueaeunaja
saxuuajy paanuvuru
xoe$uqujenru.
Karrr,rTaJ[).
CABET 3A
VCNVT
BehuHa 6ogoaa y ucnHTHoM
KJbyrrHHM
roeQNqnjeHuua.
nnraruy 4asahe ce sa
norhqHe, go6po o6jauruexe
Axo cyr'rrmre Aa HMare 6uro urra Aa Kaxere, creAehe uAeje rpe6a Aa BaM nocnyxe
u npequ3He KoMeHTape 0
Krb1n{HuM xoe$uqujeHruua.
o
r
.
o
Kao
Cr[.rHo roMe,
HJrr,r
CABET 3A
t4x$opuaquie xoje he eau
6nru o6es6efeHe Ha ucnnry
fie aepaarHo 6uru
04 eac ce apno
r,I3paxaBa
ror
npegyseha.
Ha ynocrreHH
xannran je xoeifnqujexr
xoiuu ce uepr ogxoc usuefy
BenHqHHe quSpe xoja
llprxoc
Ao6ur
ynocneHu KanhTIn
rii
llpuuoc
Ha ynocJreHu Karrlnzrrr
je roeQnur,rjeHr rcojuu ce
Mepr,r
Ao6rr
Arraxonanu
Ha ynocneHH
KanlTan =
npr,rxoc
3 KoeQnqrieHrn npo$Hra6nnnocrn
u eoHKacHocrr4 pyKoBoAcrBa
AnconyrHu ,r3Hoc ocrBapese Ao6urn unje caua no ce6u og nouohu florrrro BeJrHq]rHa
npegyseha xoje ocrrapyje ry A06r,rr uoxe jaro Aa Bapnpa. 3uavajuo je pasr'.rorpurn
BpeAHocr roja osHavana Ao6ur peneBaHrHy 3a Ben[quHy npe4yaeha, BenltquHy xoja ce
BAXH E
HANOMEHE
llpuxoc
Ha ucrurry he HH@opMauuje xoje ce N,rory o6es6e[nn o nperysehy o 6r.uo rou nwrarsy 6m.r
V aerry (a) raruon je4uor ru{Tarba ce o,u, nilc Moxe rpiDKHTr,r Aa nporyMaqr.ne
pacnonoxr{Be un$opuaquje, Moxga y KoHreKcry peBu3opa xoju nnaHupa penrsujy. Y aerry
(6) ce raxo Moxe rpaKurn Aa HaBeAere xoje unQopr'rauraje cy rau jour Heorn(oAHe.
orpaHr.rrreHe.
lAcnnT
orpaHilqeHe.
KarrHTaJr
x fi}Vo
Hanouumeuo Aa ce:
tOtrZ"
ynocneHr,t
Ao6Hr MepH Kao Ao6ur npe maharsa KaMare H ollope3uBarba, To jecr go6ur npe
ysr,rMarba y o6sup 6ltrro xarsux noupahaja uahesux IHIIHMa xoja o6es6efyjy
AyropoqHa $uHaucujcra cpeAcrBa
llpuuoc
Ha yrrocneHlr Ka[HriIJr
276
KAPI.AN PUBLISHING
la
ce yfiopeAu ca:
BA)KH E
HANOMEHE
Ha ynocneHH
xannran rpe6a
Aa ce ynopeAr ca:
. 6pojxaua h3 nperxoAHr4x
KoH3r.rcreHTaH
roAuHa
qHrbHHM npHHocoM Ha
ynocrreHH Kan[Tan
npegysefia
TpoluK0BuMa
noeajururaama
ApyrHM npe4yaehuua y
ucroj genarxocru.
AKTUBHOCT 2
Jegxo npegysehe je usapuuno noHoBHy npoqeHy caojux cranxux cpeAcraBa roKoM nocfleAt-uer
o6paryucxol nepuoAa, Kaxo fie ro yrilqarfi Ha h3paqyHaBabe npuHoca Ha ynocneHu KanHTan?
OdZoeop Ha o6y arcutuouocru uocrceute
BAXHA
HANOMEHA
KoeQuquierr npnHoca Ha
aKqloxapcKn xannran je
BAXHA
HAN OM
HA
yflocJreHr,r KanHTa.Jr.
peneaauruuju sa nocrojehe
Haxo-r-r
Kanrral
x no%
[o6urje
KoeQuquienr yxynxor
AHBITAeHAe o6yxnaheue
npnHoca KopHcTe
pyxoaoguoqu xojr,r
npoqeruyjy nepQopuaxce.
[e.rrorynnu [prrnoc
oKBHpy KaMaroe.
no6rr H3 [oclroBa]ba
= AxqujcrN Ka[r,rriur + pe3epBe * cna nosajmuBaba x 100%
,[ane uailoneue
'
'
KAPLAN PUBLISHING
277
Cn HTH
14 n
PEAM ET : Oh HAHC
Ll
JC KO
h3BEtllTABAl-bE
pyKoBoAcrBo
BAXHA
HAN OM
HA
IlpoqeHar 6pyro
t00vo
[poAajHHx r{eHa
nonehaue rourypexquje
.
.
.
.
roA!fl.ry.
llplrxoA oA npoAaJe
=-Il{o,5o-91,,,
aoormr:
yruryryjyhr
qecro HaMepHe
TporuKoBa npoH3BoArbe
3zrrrHxa
3aJIrrxa.
BAXHA
HANOM
HA
ro
yo6rvajero, ro yxaeyje 4a
nocroju npocrop sa
no6oruuare,
aJrH
je Hapovrro
Ba)Krro
Hucxe Mapxe o6u.rHo yKa3yjy Ha Jroue nep$opuauce, arrv Mory 6vrw v [3a3BaHe rpotrrKoBHMa urupelba rrocJroBarba (.uaucupan e HoBor rrpou3noga) ruu norpuaja noneharua yreuha
Ha rpxnurry. Mapxe xoje cy HruKe oA yo6nvajeHux yKa3yjy Ha npocrop sa no6onualbe.
BAXHA
HANOM
HA
l00Vo
Ha my yr[qe Brrrxe @arropa Hero Ha 6pyro npo@urHy Map)Ky, arn je jeguaro KopHcHa
yKonHKo npeg-vsehe ue o6ero4amyje rporrrKoBe flpoAarlrx npo[r3Bo,(a (rr.ro4ga
xopuruherreu o6pacqa us IAS I rAe ce rporrrKoBu xlacnQuryjy npeMa npnpo4u) Moxe ce
KopHcrHrH H cal{ocranHo Wecro nporleHra 6pyro 4o6urr.r
JeAaH oA MHorr,rx Saxropa xoju yrur.ry Ha Hero npoQurHy Map)Ky
je auoprnsaq@ *oa
BAXHA
HAN OM
npoaaje
_roAHrlllbe'
*onrr-Gil-EEcr3il- = nyra
IIpnxoA oA
E
HA
yrocneHl,I
lbuue ce
cy
r,rM Ha
KoJa
278
Aa.JBe
[rro
ce
MPLAN PUBLISHING
3urJrnxa
--
JZTTHXL
nyTa roAHlllrbe
Oso xao pesynrar4aje roguunu o6pr lr3paxeHo Kao, peuuMo, 10 nyra ro4uurrce. JegHa
uoryhHocr je 4a ce oBo H3paslr rao 6poj IaHa roKoM xojnx ce 3anr,rxa Apxr,r:
3arnxe
r,r3Hoca 3aJr[xa Ha
Epoj gaua xojr ce nosehana (nirr xoeSuqnjeur xojn onala) yKa3yjy Ha ro Aa je o6pr
3irJrnxa cnoprjr,r. Ha ro ce o6HHo rneAa Kao Ha Jrou sHar jep:
lI
bI,IXOBOI OTIIHoI,IBaBa.
c.rryvajerurvra KaAa:
o
o
lehuu
KorHrrI,rHaMa 4a
BAXHA
HANOMEHA
Koe$uqnienr npouera
3arHxa jaKo
3aBucH oA
rrpor,r3BoAa 3a roAHHy
KoeQnqnjeHr o6pra 3iuruxa jaxo sanncn oA npnpoAe nocJra. Ha npuuep, 6poj 4aHa roKoM
rojnx npo4anau cBexer noepha gpxu po6y Ha 3aJrlrxaMa 6u lrorao la 6yle I go 2 gawa,
AoK KoA rpafiennncror usuoflava oH Moxe aa 6yge oxo 200.qaHa. Ilpelyseha xoja ce 6ase
rpor.r3BoArboM Mory uuaru xoeQuqujeHr o6pra saarxa oq 60 lo 100 aaHa; onaj nepuog
ce uajveuhe nonehasa ca nonehameM Koruqr,rHe r,r KoMrrJreKcHocrn po6e.
3a seflr,rxe I,I KoMmreKcHe craBKe (Ha npuuep, xe[$HHr{Kr,I BaroHI,r HnH JrereJrr,rua), uoxe
Aohr.r lo BeJrHKr,rx @nyxryauuja y roe$uqrajeHry flpeMa roMe Aa nH ce HcropyKa oAr,rrpana
HenocpeAHo flpe rlnu nocre xpaja roAr.rHe.
rpaxlby
florpaxusalba oA Kwaua
Ilpuxoa o4 npo4aje ca oAJroxeHnu nnaharceu
x 365 aaua
florpaxunama oA Kyrraqa uoxe 6rrn H3Hoc Ha xpajy ro4uue HnH npoceK 3a Aary roAr,rHy.
KaAa ce flpoceK KopHcrH 3a u3paqyHaBame 6poja 4aHa, xoe@uqrajeurje upocevnu 6poj
4aua norpe6Hux 3a Harrnary florpa]orBa]ba.
KAPLAN PUBLISHING
279
UCnUfi
3a
BAXHA
HANOMEHA
llosefiarbe nepuoAa
Hannarc norpaxnaarua je
o6uqxo nou.r sHax jep
Tora urro cy
[ep]IoAa y U[IJby
cyrepuuie HeaAeKBarHy
KpeAuTHy KoHrpony.
r
.
QarropNHrapaqyHanorpaKl,tBarra
npoAaje Ha KpeAr,rT ca AyI?IM [epI{oAoM oTIrJIare sa ogpefene Kynqe.
BAXHA
Ou ce o6usno H3paxaBa
HANOMEHA
Pa,Iyrut
xojr
npe4ysefie youua o4
4o6aaruara.
Kao:
o6asesa x
KyrroBI,IHa Ha KpeAlIr
365 aaHa
Y ciryvajennua
SnHaHcnpama
.qyr nepuoA orrlJraTe Moxe yKa3HBaTH Ha rO Aa npeAFehe nuje y uoryhnocru ga
nnaha 6pxe s6or npo6reMa ca JII{KBUAHourhy.
/\
,J'
o
r
o
npeApehe uoxe Aa Ao6uje nouy penymUrajy rao HepeAoBaH nJIarI4uIa u uoxAa nehe
4.1 Yaog
3a uepeme Ka[atIHTeTa npe.Uyseha 3a II3MtIpe]Le concTBeHux KpaTKopoqHux o6asese
Kopucre ce ABa xoeQrarytjeura, H To:
I,I
recr .uruouguocru).
280
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'-.
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MPLAN PUBLISHING
rl
BA)KHA
HANOMEHA
KoeSnqrjem rexyfie
aAeKBarHocT o6prHHx
xoeSrqujeHrou reryhe JTHKBHAHocTH or,2:l tutu nehru Mory Aa oApxe cnojy xpe4urHy
cnoco6uocr; uefiyrnu, y cropnje spelr{e uu0pa o4 [,5:l ce cMarpa Hoprvror,r. Huno
xoe@nqrajeura reryhe JTHKBHAHocTH npe4yseha BeoMa Bapr{pa y 3aBHcHocrH oA
cpeAcTaBa 3a il3MHpebe
AEJIATHOCTH I,I
rparxoporHnx o6aB$a. OH
roaopu o roue,qa nu je
nIKBT,TAHOCT]I Mep4
npegysehe y nosr.rryjr,t ga
usr,rupyle ofuaeae KaAa oHe
4ocneaajy.
o
o
O.q, TOTA
4A
rannmlou); mu
BI,ICoKIIX HHBoa
.UU
y cranHa cpeqcrna).
JTHKBHAHocTH
.
.
o
.
.
BAXHA
HANOMEHA
KoeSnqujeur y6paaxe
nrxeugHocrr je rarofe
no3HaT Kao TecT
nuxeugrocru jep
o6ea6efyje recr xojuu ce
yrap$yje ga nr npe,qyaefie
uMa AoBorbHe pecypce
(norpaxnaarua u roroauHy)
3a H3MIpetbe KpaTKopoqHt4x
o6aeega.
Hopue aa xoeQuqnjeHr
y6paaHe nHKBr.tAHocril ce
xpehy og 1 :1 go 0,7:1.
o6prHa cpgAcrsa
reryhe
- sanHxe 't
o6asese
Ao
IIpe
cpeAcrBa
KparxopovHe o6asege
O6prna
AaJbeM
reKcry.
u,u,,{iffiili,3iffiffu
to*
rroue
$1.400
-$400
$r.000
$1.000
-$400
$600
Koe$uqrajeHrrexyheJ'rr,rKBHAHocrw 1,4:l
KAPLAN PUBLISHING
l:l
1,7:l
281
Cn HTH
14 n P
EgM ET :
Ot4 HAHC
14
JC KO 1438
EtllTABAl-bE
.
.
o
y oAHocy
Ha cpeAcrBa
Quuaucltjcxu cal4o
rrocJroBa}be flpeKo Qunancujcrux uoryhnocru.
BAXHA
HANOM EHA
.':'t-
ca
KoeQuquiexr Kanuran y
3a.iMosr,r-
rorosuua
yflocneHH
KanI4TTIJI
x fi,%
Husax xo@uqu,ienr
Kan[Tan y oAHocy Ha
cpeAcTBa 3Har{u Aa ce
yflocneHll
Bucor roeQraUnjeHr
Suuaxcupa saiuoauua,
3aMeHI,I
KaII]ITZUI
3aAy)KeHocTI,I
6oru:
x fi,%
ce
BeJrHKI,r
AKTTIBHOCT
xatutut y oAHocy
flea npe4yseha, A
O6a npe4yseha ocrBapyjy Ao6ilr rc nocnoBaba y u3Hocy oA $5,000 y 1. roAHHl4 u $2.000 y 2. toAuHV.
Ilopes je 35%.
flosr,tqr,tja Kanilrana je
4arne cne4eha:
A
Kanuran
[1orep4e o gyry
Vnocnexu Kanuran
v$
v$
10,000
5,000
5.000
$10.000
$10.000
o
o
282
cfleAeh],r Haq]'IH:
HI,DKS
MPI.AN PUBLISHING
AHAflt43A
il TMAqEFbE
Ilpegysehe
npe onope3}IBa[M
llpoueHa
3apaAe
-60V0
-60Vo
Pag.nor Qryrryaunje
je ovuue4uo
-60V0
-66 213%
ce Mopa nJIarIlnI
roa npegyseha A
oHa:
o
o
50Vo aKo ce 3aAyxeHocr r3paqyHaBa rao: sajnorn $5.000 Kao Vo ofl, $10.000
yflocneHor Ka[HTaJra
100% aKo ce 3aA1a<euocr H3paqyHaBa xao: sajnonu $5.000 rao % ot $5.000
KATII'TAJIA,
Osa snue Hero cpa3MepHa npoMeHa 3apaAe je naxHa y BBr,r ca ueHoM arrlnje ror
npegyseha. Muorn r,rHBecrnropr.r BpeAHyjy cnoje arquje MHoxe[reM xoeSnqrjeHrou
qeHa/sapaga Ha 3apa[y no arquju. MHoxene xoe$NqujeHra oA, pequnn, l0 ca 3apaAoM
no axqujn o6eroAamenoM y npefioAHoM reKcry 6u yxasala 6u Ha creAehe npouene
axunja:
Ilpetysehe
l.
IoAuHa
Ilena aqraje
2.
l.
2.
$1,95
BAXHA
HANOMEHA
Axo xexo npe4ysefie xofie
Aa ycne ca HHcKl,rM
xoe$uquiexrou Kanuran y
oAHOCy Ha CpeACTBa, OHo
Mopa UMaTH perraTHBH0
crytajy npegyseha
ca
nosajurseHux cpeAcraBa.
.
.
Peaawuotto
cwafiutn dofiufr
Kauara Ha sajan ce Mopa nlaharn 6es o6supa Ha ro Aa JIH ce ocrBapyje lo6ur ilIIu He.
Je4uo npe4ysehe ca napupajyhor'r Ao6urn Moxe Aa y Hexoj aouroj rognHr.r HMa HeAoBoJbHa
Sr,ruaHcujcxa cpeAcrBa 3a ornJrary KaMare Ha sajau. flocneAnrla rora noxe 6urn
r,rMeHoBabe crevajuor ynpaBHr,rKa a MoxAa u nuxnuAaquja npe4yseha.
CpedcQioa iloZodna sa Zapat4uje
npeAyseha xoja r'ropajy oAroBaparr roj cnpcra. Y cryrajy npegyseha vuju je sehr,r Aeo
Kanurana ynoxeH y cpeAcrBa vrrtl,4 3au,Vxe roje ce 6pso auoprusyjy u nouroxHe cy
pan[AHr,rM [poMeHaMa rpax]$e H ueHe, Huje neponarHo Aa he ce uoht ocrBapuu,I BI,IcoKI,l
xoeQnqnjeur 3aAyxeHocrr,r.
MPLAN PUBLISHING
283
Cn hTH
14 n P
Ll
JC KO
t4
3BEIUTABAI-bE
BAXHA
HANOMEHA
Orxaxcujcxn carAo ie
canAo pa3HHx Br,rAoBa
pacn0n0xnBhx
Quuaxcrjcxux cpeAcTaBa y
oAHocy Ha 3arTeBe
npegysefia.
AoBOJbaH H3HOC
AyropoqHor KanuTana 3a
Qnxaucr,rparue 4ytopoi{Hor
ynaraba y cTanHa
cpeAcTBa
Iloro4rocr Qnuaxurjcxlx
cpeAcraBa
je raxofe
KJbyqHr,{
ce
noroAHocT
Suxaxcnjcxnx
r,r3rpaA16e.
cpeAcraBa.
BAXHA
HANOM EHA
llocnoaarue npexo
xaxcujcxux r,toryt xocnr
Qu
ce
rou xuje
o6esfu,quno ,qogarxu
AyropoqHH KanhTErJr
aAeKBaraH sa caoje norpe6e,
.
.
.
.
3ut
6 KoeQuqrieHrr uHBecrltropa
BAXHA
HAN OM E HA
3apaga no axqrju ce
284
6nrr
clegeha.
KAPLAN PUBLISHING
o
o
o
e
o
o
.
Y npeue
npar[
Koe$uqnienr qera/sapaga
le xajueufie xopuuhexu
6y4yfu.r pacr.
BAXHA
HANOMEHA
xoeQuqnjeHr sa 6epeaHcxo
Tpxr4uJTe u npeAcTaBrba
Apyrr
6ygyhu rpxuuHn
nocroju roAHHy
norerquian re axquje.
ar4ajn. C.reAehu
llpegyaefie X
o
o
o
o
.
X:
0,1$
= 10.
Tpxaaruua IIeHa I{a AaH 30. anpuaa 20X7. roAuHe (aaryrvl o6janrsunau,a paqyHa H3
nperxoArre roguue)
$2.
Toxor'l Aare roAr,rHe, X nocryje u 6orse Hero urro ce oqeKuBzrlo r,r Ao 29. anpwm
20X8. rogune, rleHa arctuje ce nerre Ao $3, Aazure, crora gajyhu roeQuqrjeHr
qeua/sapa4a og 30 (Ha reMeJLy sapaAe no arqrajn 3a roAlrHy xoja ce sanpurrara 31.
ueuen6pa 20X6. ro4une).
o6janrseua
ueHa
($3/l5c).
KAPI.AN PUBLISHING
285
AEOr/
14
q14J E
Ilpuxoc Ha flHBxAeHAy ie
npoqeHar AuBr.rAeHAe oA
TpxHuJHe qeHe.
r,r
Ha ArlBlrAeHAy,
Ar,rBr,rAelrAe, u o6puyro.
Iloxpufie aa gnangexgy je
o4xoc uauefy
pacnonoxraux go6rru u
,quaugexgu xoje ce
ucnnahyjy us rrx go6nru.
BAXHA
HANOMEHA
3a o4pefieue cBpxe ce
rpaxe noce6xr
xoeQuqujeuru.
ce
AOCTyIIHH rrOAaUH.
BAXHA
HANOM EHA
aHaJr}r3e
cy creqeha.
I o6es6ehyje
aHan[3e.
opraHlrsaquja.
aJrr,I
r,r
Ha uoh sapafiurana jeauor npe.qyseha Mory naKo ytnuarll Saxropu xoju uncy
rrprrKa3anu y Sunaucujcruru usueurajrrtra. [,axne, QnuaHcujcru,r usnerurajn ne
npe4crannajy HyxHo uenoBnTy cnuKy o npeApehy, seh car,Io cKyn oHHx 4elona rojn
ce Moty npeBecrfi y HoBqaHH H3pa3, Ha rrpHMep Belrr,rqr,rHa K[bure uapyg6eHnqa u
nocrojarre Br,rcoKo o6yveHe paAHe cHare ce o6uyHo r,rrHopr,ruy y @uHaucujcruau
ucneurrajurrra.
KoeQnurdeHTr,r ce He cuejy
286
ropucrnrlr
Kao je4rnn
recr e$lmacllocrH.
MPLAN PUBLISHING
BAXHA
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Axo jegxo npe4ysehe
npoMeHx
paqyHoBoAcrBeHy
BAXHA
HAN OM
HA
Kaga nopegure
QuxaHcujcxe nep$opuauce
4ea npe,qyoefi a, nat(Ibt4Bo
norne,qajre
paqyH0BoAcrBeHe n0nilTilKe
Axo jegno npegysehe npoMeIIH paqyHoBoAcrBeHy [onI,IrHKy, oHo trlopa, npeua IAS 8,
r,rMaru go6pe pasrore 5a ry npoMeuy. 3axrenanu paqyHoBoAcrBeHx rlocryllaxje 4a ce
rroHoBo HaBeAy ur{$pe y o6jannenuu Suuaucujcruu usneurajrlMa H cBH s6npnu rIoAauH
3a fleroroA]Iul.$14 vltw AecerotoAunl[btl nepuoA 3a HoBy lronHTHKy. Crora, KopHcHHK
@uuaucujcxr.rx usneurraja uua ogpefeHo yBeperbe npn ropuuthemy QuuaHcujcrux
rro.qaTaKa. Mefyrnru, KopI,IcHHK t'lopa 6uru cBecraH Mepe y rojoj ce rIoJI]'lrI,lKe ltemajy,
rrorrrro AHpeKropH penaruBHo JIaKo cMI,IIxJbajy "4o6pe" pa3nore 3a [poMeHe. Moryhe je la
je npanu pa3nor [poMeHe noJrr4THKe ro tttro ce HoBoM noJIHTHKoM reryhr,r pe3ynrarll
npe4yseha npegcranrsajy y
6oreu
cBerJry.
rojr cregu
Y rexcry
prarteuoj
3a aMoprn3auujy
tt [o
peBanopu3oBaHoM H3Hocy.
BAXHA
HANOMEHA
[lpunuxou nopeferua
xoo$u qulexara $upt'ru,
Mopa ce o6es6egurn
AocneAHocr noAaTaKa.
MPLAN PUBLISHING
287
34
Cn hTH
14
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ET :
O14
HAHC t/ JC KO
t4
sBE IIJTABAFbE
pa3[l,It{HrHx Qupr"rr
BAXHA
roju cre4u.
HANOMEHA
Jegax usaeu:raj o6rvHo
Y npaxclt,
.
o
cTaTilcTilqKe AoAaTKe
AonyHcKe usaeuraje
il
rnaBHH Aeo.
HAN OM E HA
.
.
HHAeKC
alrr0p
o
o
.
}/BOA
janrajy y usneurrajy.
lfpurualarl, AaryM I,t HaqtroB, xo je Hanucao usaeruraj.
lftr4erc nojuoua xoju
ce
vnoA
npeTnocTaBKe
xopuufieHu no4aqu
3aKjb]^{qu
usseuraj o$lrvHo
3aK'LyqKe
BAXHA
florogau npucryn 3a
cacraBrbabe neaeuraja je:
nraBHrr
AoAaqH
o
o
Ilpernocranxe
3ax.rylqlr
.
BAXHA
HANOMEHA
fla 6u ce pa3yMena
qenoKynHa QuxaHcujcxa
nosuquja
un[
Moh
pByrrara.
Ioaar+r
9 AHanHga rpeHAa
[a 6r,r ce pa3wena uenoKy[Ha
Aa
HanoMeHaMa.-
288
rrrlbux
us neurraj
a KorH
paH r,rx
upe4yseha.
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BaxHo je pa3MorpHTr4 cBe
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.
.
e$exar uxgnaquje,
AKTI4BHOCT 4
Aa
BAXHA
HANOMEHA
3xavajaH HeAocraraK
paqyHoBoAcrBa ucropujcxrx
rpouxoaa je norpeuraH
)rrucaK o npoMeHaMa
nep$opNaxcu npe,qyaeha
roxou ie4uor
BpeMeHcKor
10.1 Yeog
3HavajaH HeAocraraK parryHoBoAcrBa ucropujcxor rpoulKa je norpeuaH yrncaK o
npoMeHaMa nepQopuaHcr npegyseha roKoM jeluor BpeMeHcKor nepuoAa, noulTo ce He
ysrr'rajy y o6snp [poMeHe peilnHe BpeAHocrH HoBIIa. BpeAuonama npelta reryhut't
nepiloAa, nouTo ce He
Vfro frp e 6 a
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A06[r
r,r3 nocJroBarba
flpeMa
teryhoj ope4uocru/uero
nocJIoBHa cpeAcrBa
yKyIIHIIAo6urax/xanuran
nocJIoBHa.qo6nrax/xanHTarr
HeTo nosajurseua cpeAcrna/xanurar.
rroAar-u.r
cy HeMHHoBHo orpaHur{eHu.
BAXHA
HANOMEHA
Ilpe,qHocru npucryna
paqyHoBoAcrBa rexyhux
TporxK0Ba cy:
TporuK0Ba ce HaBoAe
nouro je nocnoBH14
Kanaq[Ter npe4ysefia
oApxaH.
MPLAN PUBLISHING
'
. fio6uru H3paqyHare
pavyxlrua rexyhux
cpeAcrBa a Apyra
ro
He pa4e).
0rpaHilqetba.
Ao
Auoprrsarlaja
[o6rr
HaKoH oApxaBalba
BAXHA
HANOMEHA
Koe$uquleHrr,r xojr,r ce
10.4 OrnancnicKu
rpyxe
6aaupajy Ha paqyHoBoAcrBy
KoHKpeTHux qeHa,
KopHcHe HHSopr*,rauilje.
ucropujcror rporxKa.
Texyha KyrroBrra uoh ysnua y o6sup l,t pealr,r3oBaHe H Hepeanu3oBaHe 4o6urxe o4
Apxarba H crora ce Moxe pehx ga 3apaAa H npuHoc Ha yflocneHr,t KarruTurJr
npe4crarrsajy "pearHr,r" rtpnHoc Ha aKur,toHapcKa cpeAcrBa.
Crora uro cntl nperyseha ropuryjy rercyhy KyrroBHy uoh ropuurherbeM lrcror HHAeKca
ueHa, Moxe ce rBpArrrlr 4a cy nopeherm npeayseha xoja ce 6asnpajy ua QunaHcnjcxurrr
usneurrajnua Ha 6aslr reryhe KynoBHc r'lohu noysgaHuja ol ouux roju ce 6asnpajy Ha
nHQopnawrjaua go6uje uuM paqyno BoAcroou rexyhrx u ncropujcKux rpotx KoBa.
paqyHoBoAcrBa
hasHo orpaHfiqerbe rexyhe KynoBHe uohn je ro urro r.re y3HMa y o6snp npoMeHe KoHKperHHx
ueua. To ynrqe Ha ryr{aqe}be QuHaHcujcruu u:reurraja ca rercyhorrl qmonHovr l',rohlr:
o
r
ce rrpHHoc Ha yflocneHr,r
Ka[r,rTzrJr
rrroxe lesopMtrcaTr,r.
3arruyuax
Koe0urujeHru cy jeano oA cpeacraBa
NHTAFbA 3A
Il t4r{Hy
NPOBEPY
3a$ut?
(2.2)
Koja je pasnuxa
(4.2,4.3)
lJJra je nocnoBahe npeKo Quxarcujcxr,rx MoryhHocril? (5.4)
290
MPLAN PUBLISHING
AHAfl h3A
6
7
8
14
TvMAtl
l-l O
I-IIABIb E 1 7
Kciy npo6neun ce uory jaeuru ycneA oAa6upa o4pefieuor AaryMa 3a o3HaqaBabe xpaja roAuHe
sa npe4ysefie? (7.2)
Haaegure npuMepe xoe$uqujexara xoju ce Mory nopeAuru 3a cBaKy roAHHy ynpKoc Mehahby
qeHa. (10.2)
n HTAI-b
MCNNTHOIT ,, n
Ouuaucujcxr,r usaeu:raju
TporxK0B14Ma:
20x5.
Onxancujcxu xoe$nqujexru
llpoQlrra6unnocr
xero ao6nr
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flpunoc Ha
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aHraxoBaH[ Kanhran
Kanurar
nyra
noxpnhe3aKaMarv4l$ry
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5,1 6,5
3,6
2,7 2,6
2,1 2,5
3,1
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TpourK0Br4
floxpuhe 3a AHBUAeHAy
@n*.
"r 'finau4exga no o6uvnoj aKllujr4
Koe$uqujexru 3aAyxeHosru y oAlrocy Ha Kanuran
Hero usHoc nogair\,rrbeHilL!!_eflcraea
KoeSuqujenru nxKBuAHocrlr
rexyha cpeAcrBa
V6psarran,^',4,oc,J4ffiffi0,66:10,61:10'4B:10,11:10,36:1
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Teryha nhKBr4AHocr
rexyha
cpeAcrga
TeKyhe o6aeege
KoeSnqujenrn cpeAcraBa
Hero o6pr cpeAcraBa:
l-lpuxoA oA npoAaje
nFu
2,1 2,4
2,3 2,5
2,5
8,6 8,0
7,0
6,2
O6pr xanurana:
llpuxoA oA npoAaje
nrra
o6prHlr Kanr4Talr
7,4
flueugex4e no axquju
Hero cpegcraa no
axquju
c
c
c
12,18
102,10
89,22 85,95
85,79
78,1
06 eac ce rpaxn
ransropuaqraje,
OdZooope Ha
MPLAN PUBLISHING
(25 noexa)
Cn,lTH
1,1
n PEAM ET :
oh HAHC
t4
JC KO
h3BElIlTABAl-bE
oAroBoP HA
(a)
AKTI4BHOCT
(6)
(q)
(,q) Tpouxoail
peKnaMuparba,
(e)
(S)
Tpouxoeu neusuja.
(r)
(x)
3apage AupeKropa.
(u)
Huje uauepa ga oeaj cnucaK 6y4e ucqpnan, anu Moxe nocnyxuTu Kao h3Bop upejau rpe6ano 6u
Aa Bac noAcTaKHe Ha pa3Mururbabe.
oAroBoP HA
AKTI4BHOCT 2
oAroBoP HA
6uno xaxga peBanopu3aquja cranxux cpeAcraBa Ha BiluJr4 N3Hoc ,t3a3uBa cMattelte npuHoca Ha
ynocneH[ KanHTan:
(a)
(6)
AKTI4BHOCT3
E
A
1.
oAroBoP HA
AKT]4BHOCT 4
sajarvr
roguua
2. roguna
5.000
2,000
5.000
2.000
500
500
1.500
sajarvr
1.
roguna
2. roguua
-5.000
-2.000
4.500
Onopesuaarue (35%)
1.750
700
1.575
525
3apa4a
3,250
1.300
2.925
975
Axquje
10.000
10,000
5.000
5.000
3apa,qa no axquju
0,325$
0,13$
0,585$
0,195$
Suxaxcujcxe noeuquje npe4yoeha roKoM nepuoAa. Ha npuruep, axo jegxo npegysehe HMa HHcKe
xoe{uqujexre nuKBr4AHocrr4 sa ogpefeny roAHHy, ro o6uqHo yxasyje ua npo6neue ca
nuxeu4uouthy. Mefyruu, aKo ce HilcKr4 xoeSuqujexru nHKBr4AHocl4 jaaruajy y KoHTeKcry crarHor
KperaFba ua6orbe, cnuKa ce nyuo paanuxyje: npegysehe Moxe Aa oncraHe Ha roM Ht4Boy,
npeBa3ilna3u npo6neNe
l,t
Tpeu4 npouexa xoeSuqrjeuara Moxe npyxr4rn noAarKe Ha ocHoBy xojr,tx je rrloryhe npe4erafiarr,r
6yRyhe nep$opruauce, HapovuTo aKo cy t4sHocu apno cra6unuu.
Mepa y xojoj cy qu$pe u xoe$uqujexru cra6unuu unu npoMeHrbuBr4 Moxe orler4rr4 nyHo rora.
Beoua npouexnuau xoeSnqujexru, unu usHeHaAHe npoMeHe rpeHAa, Mory yKa3aru ua ro ga fie
npe4ysefie uuajy npo6neue y 6y4yhxocru, qaK u aKo ce nepSopuaHce npuBr,rAHo no6onuaaajy.
292
MPLAN PUBLISHING
fiorraBrbe
cATqPXAJ
NOTTABJbA
1. IAS 7
1B
llsaewrajo
roroBule
ToKoBuMa
2. Knacusuxoaabe
roKoBa
roroBt{He
3. Herorosuxcxe
rpaxcaxquje
4. fieranax np[Mep
5.
nOElABrbE 18
Iilrxos
sHavaj yxasyjy Ha
r:
Eulauc craH,a }r 6rlauc ycflexa jelsor npelyseha aajy .qo6pe Ha3HaKe o roMe xoluxo je
flpegysehe $uuancnjcru SyHxqraonarHo r,r KoJrHKo ycneuHo nocnyje. furu nr,rjelan oA oBa
gaa nsneruraja He 4aje ArrpeKrHe uH$opr'taquje o cyrxruHcKoM acfleKry cra6ursocrn
ycnexa 6uno xor npeAyseha: HaI,IMe, o ]beroBoM Ka[au]treTy Aa reHepuue HoBau.
Kopncxocrnsaeurajas llperua IAS 7.oA cBl,tx npeqyseha ce 3axreBa ga o6jaBJbyjy usneuraje o roKoB]IMa roroB]IHe
roroBgHe xoju npuxaeyjy HavuH reHepucarba np[nI,IBa HoBUa H HaqHH ua roju ce raj Honaq rpouru.
llpunpeua usneruraja o roKoBHMa roroBuHe he ce urycrpoBar[ ca Aocra npllMepa.
roKoBHMa
6.
o
roroBuHe
Tyr,arere noAaraKa
roKoBHMa
Iturern
Kaga sanpunre oBo [orJraBJbe rpe6a Aa Were Aa:
o
.
offosapajyh,
Ha r,rcrMTHa ru{rarba.
BAXHA
HAnoMEHA
npyxaiy
H3Hoca roToBHHe
!l
roT0Bt4HcKux eKBHBaneHaTa
roKoM BpeMeHa, ys
neaeuraia o
nor,tofi
roKoBHIila
TOTOBHHE.
BAXHA
HANOMEHA
IAS 7 saxresa
rorosa '
.
roroBHHe Ha [ocrroBHe
aJrr.r
3axreBa
TIOCIIOBHHMAKTIIBHOCTHMA
HHB..THUH.HHI\{ aKTHBHocr}IMa
xnacu$rxoaaroe
aKTHBHOCTHUa t[UHaHCHparba.
HeKe KoHKperHe
Xffillilill;. aKr,BHocrl, T:::1y':i.0..Til1i'^y:::.1:11T::]:jT
y oKBHpy HeKe 4pyre. Ha
rpancarqnje fiplrKaxe y oKB]rpy je4ue nosnquje, ali:.'_i:111{::
4pyru
Aeo
H aKrHBHocrH
[pI'IMep, KaAa ce y orlrnary sajr'la y roroBI'IHI'I yKJbrIe II KaMara II KanI{TzuI, xauara 6n ce
Qnxaxcupara.
AarbeM TeKcry.
MPLAN PUBLISHING
293
BAXHA
HANOMEHA
Ceaxu rox roroBuHe rpe6a
Knacu$uKo8arH npeMa
cyurruHr,r
rrjr
rpaxcaxquje
1.2 fleQunnquie
flerf]rul,tqilje roroBuHe
ie pesynrar.
r,r
y 6lrarajHu
IEOtAHtAqr4JE
foronnry
loroaury
qHHe HoBaq
6naraiHu u Aeno3uru no
erfieruy.
Iorosnxcxr
eKBHBaneHTH
cy KpaTKopoqHa, 8uc0K0
n[KBr4AHa ynararua xoja ce
nog suavajuuu
rucy
pr43HKoM
r,r
Aeno3r,rrn no oufiemy.
Qunaucnparca.
npoMeHe BpeAHocrH.
npe4crannajy Hero rropacr vnw \aA H3Hoca roroBuHe Kao p*ynrar rrocJroBarba
npHKa3aHHx y 6raaucy ycnexa rrprnr,rKoM ocrBapuBarba 4o6ura lr3 nocnoBarba. IAS 7
Ao3BoJbaBa us6op usuehy gua uoryha MeroAa 3a H3BeuraBalbe o Hero roKoBHMa
TOTOBHHE H3 IOCJIOBHHX AKTHBHOCTI4.
npHMrbeHa u ucnnafiexa
AKII,IBHOCT}{,
u calupa ce ca Hero
TOKOBI4MA TOTOBhHE H3
n0cn0BHt4x aKrhBHocTH.
TO
KOBI,IMA
AKT}I BHOCT},I.
fluperrau
HrrupexraH MeroA
ruerog
y $000
v $000
294
(sr r)
[o6ur
flpe oflope3]rBa]ba
6.022
Tpourxonu auoprnsaquje
899
llopacr
3zlJruxa
(te4)
Ilopacr norpaxllBaH,a
(72)
Ilopacr
234
AyroBaH,a
I,r3
6.889
6.889
KAPLAN PUBLISHING
KJbYqH E
r4AEJ E
l-naexa npegxocr
je
AUpeKTHOT rireroga
uro
nOmABIbE 18
AI,IpeKrHOr MeTOAa.
ro
H3HoCil npUMrbeHe u
npujanreHe Ao6nru H rrero roKoBa toroBr,rl{e },r3 nocJIoBHHx aKTHBIIoctil. Muoru Kop}IcHHuI,I
je raxno ycrcnafunarre cyluruHcKo 3a AaBa]be HiBHaKa o
@lruancujcxr,rx H3Belrraja nepyjy rc
rcaflneTy usneunaja o Ao6rm [paBIIoI rmUa. Herut I,IHBecrI,IrOpH 1r noBepI,IoUH oUenyjy
6yayhe roKoBe rorosrfire rporleHoM 6ygyher rplD(oAa, FI,IMajyhr 3arHM y o6snp ropex4rje sa
BpeMeHcKa pa3rpaHruerra; raxo nuQopuaqrje o roperqujaua 3a BpeMeHcKa pa3rpaHl+IeHfl
rcBpueHHM y npounocrg Mory Aa [oMorHy [p1,IJII,IKoM npoue]LuBarba 6yryhnx xopexuuja.
ucnnafiexe roroBuHe u3
nocn0Balba.
l-naeua npegxocr
HHAHpeKrHor ueroga je
ro
nocn0BHhx aKrl4BHocTt4
IIOCTIOBaH,a HJIH
2.2l(tpatyHaBalbe
BAXHA
HANOMEHA
Auopiliwaquja
hasge xareropuje
6unaHcy ycnexa
u6unuq
H HeTo ToKoBa
Ar,loprusaryrja je
6rnmu
f0T0BuHe h3 nocn0BHHx
aKrrrBHocTH".
. go6nr/ry6rrax o4
oryletua cranHlrx
cpeAcTaBa
npoMeHa noTpaxHBaba y
6unaxcy crarua
npoMeHa 3anuxa y
6unaxcy crarua
npoMeHa AyroBabay
6unaHcy crarua.
la
aKrHBHocrr4 cy cnegehe:
aMopru3aquia
ol
npogaje
Ilponeaa
Eorupaueaearca
y fiuancy cilarua
o6aslbeHa npogaja cTBapa [p]Ixog, 6es o6snpa Ha AaTW ttpnMalr,a rorosuHe. Aro
ce, uefyrnu, roroBuHa He npr,rMt{ Ao Aarrya 6utasca crarba, HeMa npI,IJII,IBa roroBI,IHe I,I3
aKTHBHocrr,I fiocJloBarba sa rexyhu o6pavyHcxu nep[IoA. Crl+IHo roMe, floqerHa
norpaxl,IBal6a 1lpeAcraBJbajy npo4aje H3 llpefioAHor o6pauygcKor nepgoAa ol rojux he
sehuua [peAcraBJbarn npI,IMJbeHy roroB],IHy y reryheu flepploAy.
JeAHor,,r
MPLAN PUBLISHING
295
nopacr o6anesa y neplloAy usuehy ABa Aaryl{a 6nlaHca crarba npeAcrasJba noseha}te
o
AKT1ABHOCT
roAuHlr. [/sao4u
v$
florpaxuearua
125.000
3anuxe
06aeese
135.000
18.000
v$
3a cupoauue
102,700
3a cranxa cpeAcrBa
12.000
3a pasHe pacxoAe
13.500
6.800
HANOM EHA
Kopuufierueu Aupe,fiHor
BAXHA
noqerHnx u xpajmux
6unanca crarua u 6unaxca
ycnexa 3a Aary roA'lHy
cacraalbabeM a6upt*tx
K0HrponHHx paqyHa.
BAXHA
HANOMEHA
lrlcnnafiexa KaMara ce
o6uvxo npuxasyje Kao Aeo
NOCNOBHHX AKIHBHOCTI,I.
l/cnnafieHe AHB[AeHAe ce
Mory npilKa3aTH Kao Aeo Hnu
aKrHBHocrH Quxaxcrparua
unH nocnoBHr.rx aKIllBHocTH.
nopea
u ucuahese
[orIeTHI,lx u xpajmux
paqyHa:
s6upunx KoHrponHux 'wtaruca
unn
H3:
paqyHoBoAcrBeHe
Ha
go6urar rpe6a
o6enogaruuaaru o4eojexo,
Kao Aeo nocnoBHlrx
2.4 Kauara
r AnBHAeHAe
AHBHAeHAe ce
Sruancupalba H r,rHBecrHulIoHHM
aKTr,rBHocrHMa.
JIor[.rHo je
la
ce ltopesn
rpaxu cynporrro.
aKrh8H0cTt4.
296
KAPLAN PUBLISHING
nOmABrbE 18
A KT
y1
BHOC
T2
$$
npo4aje
Tpouxoeu
flpuxog oA
fioor,rr npe
X
X
onopesuBaba
flopes:
go6ur
Ognoxexu nopes
Teryhu nopes ua
300.000
50.000
350.000
l/seogu
r43
ge4eu6ap
20x7.
$$
20x8.
Cranue o6agese
140.000
Ognoxeur nopes
190,000
Texyhe o6asese
fiopesu xa 4o6ur
140.000 271.000
je
hspavyuajre u3Hoc nope3a Koju npeAy3ehe X nnaruno y garoj ro4uHr,r.
OdZoeop Ho o6y arcwuouocut ttotrcewe
'
.
.
r4
onpeMe oA ApyrHx
cTirJlHr,rx cpeAcTaBa
.
.
.
.
u sajuoue
HJrH
orrurary DraBHHrIe
cnoJbHr,rM
DraBHr,rue oA cnoJbHr,rx
SuHaucujepuua.
o
.
o6yxrara roroBHHoM
r,r
roroBHHcKr{M eKBHBzIJreHmua).
.
.
.
MPLAN PUBLISHING
ornrary nosaju.meHux
r,rJlr,r
297
h Cn hTH H n
Efl M ET :
O14
HAHC t/ JC KO l43BEtlJTABAl-bE
3 HeroroBHHcKe rpaHcaKquie
3.1 l-naaHe HeroroBuHcKe rpaHcaxqnje
Marepuja.nno suavajue rpaucarrlr,rje roje ue peryrurpajy [poMeHaMa roroBn]re [paBHor n]rua
roje nogHocll usneuraj rpe6a ga ce o6elo4aHe y HanoMeHaMa ys usaeuraj o roKoBHMa
roroBr,rHe axo je o6enoga*HBarbe Heo[xoAHo 3a pa3ryeBar$e ocHoBrrux rpaHcaru.1uja.
HaxHaAa sa rpaHcaxqnjy Moxe 6nru ucmaheHa I,r HeroroBtrHcKHM cpe,qcrnuua. Cnpxa
usneuraja o roKoBr,rMa roroBHHe je usneuraoarbe o roKoBr,rMa roroBr,rHe; crora, o
HeroroBuHcKr,ru rpaucaruqujaMa He rpe6a usneruraBarr y nsneurrajy o roKoBlrMa
r,r3a3BaHe
o
.
SuHaHcujcxu
lusunr
Ayra y Kanr,rTan.
KOHBep3uja
ogronapajyher cpeAcrBa HnH caAaurby BpeAHocr MuHr,rMzrJrHe Jrr,r3rlrr pare aKo je oua
Hnxa. Crnapajy ce o6anesa u o4ronapajyhe cpe4crno rojr He o4paxanajy roKoBe roroBlrHe
y o6pavyHcror{ nepuoAy.
eBHAeI{THpajy roxonu roroBuHe, ro jecr nlaheue
pare, a cMarbeme o6asese ce npuxasyje y oKBripy Qunaucupama. Toros[ roroBr,rHe cy
nepnoAurrHa nlahama pare nr,r3r.{Hra, aJrH 3a cBpxe }r3Berxraja o rorou}rMa roroBuHe oHH
ce uopajy [oAeJIrm[ Ha eJIeMeHT KaMare r,r eJreMeHT rnaBHHrIe. E.neueHr xarrlare je ,qeo
ToKoBa roroBnHe I,I3 rIocJIoBHI4x aKTHBHocrI,I, a eJIeMeHT rnaBHuue je 4eo roxona roroBr{He
us SuHaucupama.
4 rQeran aH npuMep
Ilputep
Ona urycrpaquja je 6asnpaua Ha nplrMepy AaroM y AoAarKy IAS 7. Kopncrr.r ce
HnycrparuBHa $oprua usoeurraja r.rs IAS 7 n npnxaeyjy ce r,r HHAHpeKTaH lr Ar,rpeKraH
MeTOA H3paqyHaBarba ToKoBa IoToBI,IHe H3 tIOCiIOBa[ba.
v$
Ilpuxol ol npotaje
Tpouroau [poAarr,rx npo]r3BoAa
Epyro ao6rr
4.650
Auoprrlsaquja
A4rtuuucrparlrBHr,r pacxoAu H pacxoAr.{ npoaaje
(4s0)
(eso)
PacxoAl,r KaMare
(400)
Ilpuxol
oA ynarama
[o611
298
30.650
(26.000)
3a
ua Ao6nrar
Aary roAHHy
500
3.350
(120)
3.230
KAPLAN PUBLISHING
{
i
flOTABTLE 18
20xt
20x2
Cpelsrsa
IorosuHa H toroBHHcKH
(su.qerl,t y nanoueuu)
eKBHBaJIeHTI,I
410
160
florpaxNoarra
1.900
1.200
3aruxe
1.000
1.950
2.500
2.500
flyropovna
yJlatarba
3.730
r.910
(1.4s0)
( 1.060)
Ha6asHa BpeAHoct
Yrynna
2.280
cpeAcrBa
850
8.090
6.660
Arugrouapcxtr KaTIIITaJI
Axqujcxu
1.500
1.250
Hepacnopehena Ao6nr
3.410
1.380
4.910
2.630
250
1.890
Kanr.rrzrJr
O6anese
[o6arnavn
230
100
O6anese sa KaMare
400
1.000
2.300
1.040
3.180
4.030
8.090
6.660
O6asesa no ocHoBy
nop*a
Ha Ao6urar
,{yropovHe o6asese
(yx.ruyvyjyhx Qunancujcxe .nusuure)
Yrynue o6asege
Yrynan KanuraJr H o6asese
Hafroneaaz forosnua [r roroBr,rHcKI,I eKBI4BaIIeHTH:
31. deqeadap
forosr,rHa
Kparxopovua ynararba
.flocrynue cy u
c.ne,qehe AoAarHe
20x2.
20xt.
y$
v$
40
25
370
135
410
160
uusopuarluje.
Pacxog 3a KaMary je 6uo $400, a $170 ol rora je nlaheno roKoM ror replloAa. HsHoc
oA $100 xojn ce oAHocH Ha pacxoA 3a KaMary r,r3 nperxoAHor nepnoAaje raxofe
nraheu roKoM nepuoAa. $200 xanare je npuureno roKoM Tor neplloAa.
o
o
Toxor,l
IGPI.AN PUBLISHING
299
nCnnTHn
n PEAM
ET :
Ol4 HAHC
14
o
o
JC KO
t4
3BEIIJTABAI-bE
I,Icu.uaheHo
je $90 3a orrnary
je npogaro ga $20.
noeajuuqa.
Tpaxu
(a)
ce:
[a
Iloc0iyiiarc pewaoofta
y [oqerHoM
ycflexa.
l.
ropar
3. xopax
llpofinre rpos 6ruauc crama peA no peA. Axo nera craBKa Huje o6erexeHa, pa3JrHKa ce
Moxe yHern Ar,rpeKrHo y usreurraj; aro je o6elexeHa HeonxoAau je qeo flocrynaK.
I'Icxopucrrre paqyHe I,I3 rJIaBHe Krbl4te 3a u3paqyHaoarre 6pojxra roje ue4ocrajy. Y6aqrare
noqerHr,r ll xpajmu citJrAo tr3 iwtasca crarba y paAHe parryHe, 3arr,rM lolajre rroAarKe H3
Ha[oMeHa 4a 6ucre 3aBpurHJrH rnaBHy KrbHry paqyHa. CalAa Ha paAHHM paqwr,rMa ce
y nsneuraj o roKoB[Ma roroBuHe.
3arr,IM npeHoce
Peuterce
(a) llsneuraj o roKoBrrMa rcroBrrHe sa roArruy xoja ce 3aBprrrrna 31. ae[eM6pa 20X2.
flocrynqn y$
y$
orope3r,rBarta
3.350
Kopuroname sa:
Auoprusaqujy
flpnxol oA yrraraba
PacxoA KaMare
[o6rar
450
(500)
400
KarrHnrny
300
(1.000-1.950)
3.700
(600)
950
(250-1.890)
(1.640)
2.410
KAPLAN PUBLISHING
lhahesa
KaMara
lllahenu
[ope3r,r na Ao6urax
3
4
nOmABrbE 18
(270)
(720)
t.420
aKTrrBHocrH
llpuxot ol npolaje
llpruneHa KaMara
s 1.000)
720
2 200
2 200
t,t oflpeMe
onpeMe
IlpmurseHe AHBHAeHAe
(s80)
250
Ilpnxol
450
oA AyropoqHux nosajuuqa
(e0)
JrH3r,IHra
(1.200)
AHBHAeHAe
(se0)
250
forosnHa r{ roroBHHcKH
410
eKBHBaJTeHTH
r60
ua xpajy neprloAa
31. deqeadap
20x2.
20x1.
40
$
25
Kparropouua ynamrla
370
135
410
r60
Ilocrym+t
II1
floqernn
carAo
y$
1.200
- 100)
v$
1.800
(n2)
Eurauc ycnexa
3a KaMaTe !l
v$
v$
500
repnoA
llpuuneue AHBHAeHAe
Ilpnr'r.neHa KaMara
500
500
270
flo,rerHpr carAo
100
230
Euranc ycnexa
400
500
MPLAN PUBLISHING
200
v$
v$
forosr,rHa (100+170
ruru qnQpa sa xopuronarre)
Kpajnra cargo
200
500
s01
h Cn
ITH
14 n P
t4
JC KO t43BEtlJTABAl-bE
llopesn
G4)
lorosrua
Kpajn n
Ha Ao6HraK
v
(uuQpa 3a Kopr,rroBarLe) 720
caqo
400
yu
flo.rerH[
t.000
canAo
120
1.120
Ha6aBHa
y$
flo.rerHr,r canAo
1.9r0
llpeHoc
ro
900
Kpajnn
canqo
Jlusuur
loronnua
nonehama
ocHoBy
oryfema
v$
80
3.730
1.000
(uu$pa sa xopuronarce)
3.8
l0
v$
Ilpenoc no ocHoBy oryfema
Kpajnu car4o
60
1.450
v$
floverHu cal4o
1.060
EulaHc ycflexa
450
1.510
80
l0
1.5
y$
Ha6anHa BpeAHocr
l0
3.8
y$
Allopnrsaquja
60
lorosr.rHa
20
80
80
y$
Ilaaharm
ro
ocHoBy
Jrr,r3u Hra
QuHaHc ujcxr,rx
90
Kpajnu carlgo
2.300
floqersn calAo
@unancujcrur
1.040
nr,r3r,rHr
900
.(yropovHe nosajunqe
450
2.390
v$
I,IcruraheHa Ar{BHAeHAa
1.200
flo.rerHu canAo
1.380
Kpajrtu cango
3.4r 0
Euaauc ycnexa
3.230
4.6t0
4.610
(6)
Hoa,{aHH ToKoBr,r
,*nora*a
- AupeKTaH
v$
30.050
27.640
Hcnrahena roroBI,IHa
Ao6asJba.I
HIua,I
3arrocJreHr,r Ma
IllaheHa
2.410
KaMara
270
720
Hero rorosr,rHa
302
MeroA
IlocluyEtqu
r,r3
1.420
KAPI-AN PUBLISHING
nOmABrbE 18
IIocfryhtqu
(IIl)
floqersa rrorpaxuBaH,a
v$
o.q,
Kynaua
1.200
llposaja
30.650
31.850
1.800
30.050
H 3anocneHuMa
v$
25.050
26.940
250
I.890
26.690
950
27.640
flaaeuraj o roKoBilMa
roroBr{He npp(a
rx$opuaquje xoje ce xe
Hana3e y 6unaxcy craba u
roroBuHe, a rHMe
cilrypHocrr4 6ygyhux
TOKOBA TOTOBUHE.
KBanHTeT OCTBapeHe
go6uru
Moxe
Aa Aa I{a3HaKy
I,r
Be3H rasuefly
Iil4KBI4AHoCT, KanaqUTeT 3a
pasaoj u a.qanru6nnHocr.
Ht4Tt4 Ha
BAXHA
HANOMEHA
[4saeuraje o roKoBIMa
roroB[He o6nrxo rpe6a
aorafajnua
Kopr4crr4Trl saje,quo ca
TOTOBHHE.
6unaxcrua ycnexa
6unaucurrra
craba KaAa ce
MPLAN PUBLISHING
xynrru).
303
h Cn
hTHH n PEfl
ET : Okl HAHChJC KO
t4
3BE IIJTABAI-bE
3a orrcrajalbe
BAXHA
HANOM
EH
npegysefia.
BAXHA
IIpsH noaauu xoje rpe6a npeue4aru cy noAaur{ lrs nsneruraja o roKoBHMa roroB[He.
Ta{xe Ha roje rpe6a ga o6pa4ure [ox]6y y oKBr.{py pa3Hux nosurlnja y rsoeunajy o
ToKoBHMa toroBuHe cy c.ue4ehe.
HAN OM E HA
[/eaeunaj o roKoBuMa
roToBHHe nplD(a BuxHe
nxQopuaqlrje o:
o
.
reHepucalby roToBt4He
TproBlrHcKr4M
,l
tpe6a paeuorplrrr,r.
BHCOKe
BeJII,IKa
AKTHBHOCTI,IMA
npegyeefia y cranHa
cpeAcTBa
xpajmuu pe3ynraruMa
Br{AeJro Aa
aKrHBHocrr npe4yseha. sa
Aary roAuHy, y HoBqaHoM
rcpa3y.
Ilpunror'l
BAXHA
HANO M E HA
ornrrary nocrojefiux
Eitu afr a
ilo
cdioj ehux e aj uo e a
Tpe6ano 6u paeuorpnrr,r cBe sajuoue roje rpe6a orruIarl,Iru roKoM HeKorII,IKo cneAehux
roAHHa, fcruWyjyhr,r cBe KoHBepru6urse sajuone aro je uaro BepoBarHo Aa he ce
r,rcKopr.{crnTu npana rounepsuje.
aajuoaa
. gpyre o6aaese
HeonxoAHl.t KanHTanHlt
pacxoA
304
Axo nocronalre pacre (npe4ysehe ocrnapyje sehy npoaajy), 6uhe norpe6uo ga u o6prru.t
KarrnTilrr nopacre. AoAarHa roroBuHa norpe6Ha sa Quuaucupalte
r,r3paqyuarr,r nopefiemeu paAHor Karrr,rraJra ca npogajou:
ror pacra
ce Moxe JIaKo
KAPLAN PUBLISHING
,E
3arfixe
norpaxusama - Ayronarba
[p]D(oAH oA npoAaJe
nOrrIABrbE 18
x fi,Vo
Aa
Heoiixodrtu,fifruiimila
p acxoA
V uanouesaMa ys
flpyZe odaeae
Ilorerurjarrre
o6asese
Behuna noreHqujalHux o6asesa He Hacraje, aJrH aKo cy oBe o6asese jaro oucoxe, [LrrxoB
HacraHaK Moxe npeApehy aa crBopr{ suavajHe npo6reue. Hexu anarurnqapn flopeAe
noreHqujarue o6asese ca yKyrrrruM aKuHoHapcKHM cpeAcrBr,rMa paAr,r npoueHe
uarepujalHor suavaja flrx o6asesa. To xonrperHo 3Haqu ga 6r cnaro sar.no noneharre
r,r3Hoca rpe6ano .qa aelyje Kao y[o3ope[Le.
O6asese lto ocHoBy JrH3EHra
BAXHA
Axo ce jaou uamax roroBuHe, Moxe Aa 4ofe 4o rora Aa npe4ysehe Mopa Aa npeAFMe
je4aH u.nu Br,r[e oA cleAehux KopaKa:
HANOMEHA
noBeha npeKopaqerbe Ha
paqyHy
.
.
.
no8efia AyropoqHe
nosajuuqe
npo$nra6ulHocrr,r ,r pacra
Ar,rBHAeHAe,
noouTpH KoHTpone
Ao6asJbaqr.rr{a
nnaHoBa nnaharua y
TOTOB14HH.
3aKJbfrr,rBame caopa3yMa
o npolajn
t,t
H3BecHa cpeAcrBa
npo4aja HeKr,rx
uJrr,r AeJroBa
npelyseha roja cy
llpegysehe rpe6a
o
.
la
CMalbl,I AIIBIIAeHAe
CMATbI,I HI{BO AKTHBHOCTH.
3arruyuax
Ilur IAS 7 je npenasruraxelbe
KAPLAN PUBLISHING
305
hTAFbA 3A
Ill4LtHy
N POBEPY
N
nocnoBatba, (2.1)
pe3ynrar
NPAKTMqHO
Kaxo lrsaeurajo roKoBilMa roroBr,rHe uoxe nouohu Kopr4cHrquMa Quxancr,tjcxr,rx r,rsaeurraja? (5.1)
Ilpegysefie "Solid"
n 14TAl-bE
36upnlr 6unaxcu craba npeAy3eha "Solid" Ha AaH 31. 4eqeu6pa 20X7, ro4uxe
usrne4ajy oaaxo:
r,r
20X8. roAHHe
20x8.
20x7.
v$
v$
Hexperuune
xa6aeHa BpeAHocr
130,000
151.000
120.000
29,000
24,000
Sanuxe
51.000
37.000
liorpaxuaarua
44.000
42.840
llocrpojerua u onpeMa
l4xcranaquje u anaparu
Ha6aeHa BpeAHocr
Ha6agxa BpeAHocr
10.000
It
1.400
200
I
421.000
Axqujcxu Kanuran
150.000
100,000
llpeuuja ua axqujy
Hepacnopeleua go6ur
35.000
15,000
s6.000
21,500
3ajr.loaur
30.000
70,000
O4noxexu nopes
18.000
11.000
06aeese
53.000
36,500
306
14,000
10.000
8.000
54.000
45.000
15.000
13.000
421.000
334.000
KAPI.AN PUBLISHING
(a)
(6)
Mauusa xoja je xourana $8.000 (sa xojy aruoprusaquja u3Hoo,r $6,000) je npo4ara sa $3.000,
a uucranaquje $5,000 (sa xoje auoprusaquja usxocu $2,000) cy npoAare sa $1.000. fio6uru u
ry6uqu ua rilM TpaHcaKqujaua cy yKrbf{eHe y go6ur u3 nocroBaba.
(q)
O6aaesa no ocHoBy nope3a xa go6urax 3a ro4uHy xoja ce saBpuilna 31. geqeu6pa 20X7.
xoja je usxocr,rna $8,000 r,rcnnahexa je roxou 20X8. ro4uHe, liopecxu rpoluKoBr4
eBrAeHn4paHil y 6unaucy ycnexa cy 6unu cne4ehu: rexyha o6aeega no ocHoBy nope3a Ha
4o6ur je $1 2,500; oAnoxeHa nopecKa o6agesa je $9.500.
h)
(e)
fluau4ex4a y
(S)
Kauara xoja je npuuuueHa roKoM Aare ro4uHe rexocuna je $450, Kauara 3apaqyHara y
6unaucy ycnexa sa ry ro4uHy je usxocuna $6,400, Heucnnafieua KaMara og $440 je
Bulcr4Hr,r
uro je ornucaHo
y 6unaucy ycnexa.
yKrbyqeHa y o6aaeee Ha AaH 31. 4eqeu6pa 20X7. ro4uue (uyna ua 4ax 31. 4eqeu6pa 20X8.
roguxe),
NNTAI-bE
ncnrTHor
TNNA
llpegysete "Ozac"
Cne4efru no4aqu ce oAHoce Ha npenuMilHapue $nxaucurjcxe usaeuraje xounauuje "Ozac"
Vrpouexu uarepujan
y $oo0
3.536
1.079
Tpouxoau pa4a
758
453
Q..2e0)
Spyro 4o6rr
1.246
(221)
Aguuxucrpt,tparue
(252)
(473)
flnafiene KaMare
Ilpuxog oA ynaralba
(ffi)
24
(61)
fio6r,tr npe
onor.urrr*,
(210)
nocne onope3uBatsa
50,
350
[o6ur
MPI.AN PUBLISHING
?1'
307
Eunaxc cralba
30.
cenreu6ap 20X9.
Wpa
Bpe#&T
BpeffiocT
Cranua cpeAcrBa:
Hexperuuxe,
flocTpojetba I onpeMa
Vnararue v
npegyseh6 "Tilzac"
$ooo $oo0
y $ooo
3.368 1.275
2,093
800
Hyna
2,893
1.585
O6prxa cpeAcrBa:
3anuxe
758
628
Kynqu
260
194
fl
orpaxuaarua 3a AUBHAeHAe
15
6aHxogxr4 paqyHu
22
822
1.055
Vxynxa cpeAcrBa
2.407
Kanuran H o6aeese
Axquje no'$1
1,100
1.000
180
100
Pesepae:
Ilper.luja ua axqujy
Hepacnopefeua go6ur
npeHera H3 npeTxoAHor
nepuoAa
266
146
502
450
fluaugex4e
Hepacnopefeua 4o6ur
(350)
418
flyropowe o6agese
Ilorspga o saluy caTo/o
Ognoxeuu nopes
968
flpxaexa
220
(330)
1.698
266
1.440
160
252
AaBaFba
1,366
141
301
Kparxopovue o6asege
flo6aamavu
234
253
O4o6peHe AUBHAeHAe
OnopesNaame
200
251
204
flpxaaua AaBaba
125_
180
75
llpexopaverue paqyHa
810
28
740
3.948
Hanomene:
(i) V npuxoge og npogaje cy yKrbpeHe npoAde y
Buo4Hr4
qu$pa ce cacroju us gae ogeojexe npogajxe rparcarc1uje, xoje cy o6e npeBegeHe y Aonape ($). l-lpaa
rparcaxquja, npeBeAeHa xa $200.000, !e ucnnaheua y p/6ruaua, AoMahoj Banyu npepysefia "Petrov".
"OzaC je uuao noreuxofia oxo KoHBeproBafffi py6arua y gonape. Fnasxa alxuBHocr npepyeeha je
aaferue cilpoBe xaQre, u Kao p$ynrar nperxoAlrmx noreu:xoha oxo pa3MeHe aanyre 4orosopeHo je
ga fie "Petrov" Apyry TpaHcaxqujy rcnnan,tru y 6apenulaa xafre. llpolrnrxn q/pc 3a cvpoay xa$ry
ua 4ax xaga ie nocnara npe4ysehy je rcHoc14o $10 ea 6apen,
cupoay
mQry
ea
jegu
(ii) Cen rporuKoBr4 aruoprusaquje u il3Hoc o4 $80.000 xojr,r ce oAHoct4 Ha aMopru3aqujy gpxaauux
AaBalba yKrbyqeHh cy y onurre rporuKoBe npoh3BoAbe. Huje 6uno oryferua craflHux
cpeAcraBa T0K0M Te roAr4He.
308
MPLAN PUBLISHING
(iv) Ha 4ax 1 . omo6pa 20X8. ro4uxe "Ozac" je euuroaao $1 .000.000 7% norcpgy o Ayry no
Ar4cKoHry og 570. llorepga o Ayry Moxe Aa ce orKynil 30. cenreu6pa 20X3. roAilHe ca
npeuujotvt og4o/o."Ozac" ie auoprusoeao AhcKoHT r,t npel,tajy xa oaaj $r,tnano,ljcxr,t uHcrpyMeHT
jegHaxo (npaeonuHujcxu) roxol,t neroroAuruber eexa rpajarua t4 yKrbyquo rporxKoBe
auoprusaquje y u3Hoc o6agega sa KaMare.
(v) Ha 4ax 1. orro6pa 20X8. ro4uHe "Ozac" je crexao 15% xanurana npegyseha "Tilzac", xoju je
jegax o4 beroBux rnaBHHx 4o6aamaua. Oao je rperrapaHo Kao ynarabe y cranHo cpeAcrBo,
Og Bac ce 3axreBa:
npunpeuure usaeuraj o roKoBr4Ma roroBuHe 3a "Ozac" 3a roAurxr-br4 nepuoA 4o 30. cenrell6pa
20X9. ro4uxe (rpe6a xoptncruru AupeKraH MeroA 3a H3paqyHaBabe Hero roKoBa roroBuHe H3
[a
nocnoBHr4x
OTqFOBOP
arruanocru).
HA
AKTI4BHOCT
Odlooope Ha
(20 noexa)
)/$
flo6ur npe onopesuBaba
300.000
flosehabe sanilxa
(118.000)
(125.000)
llosehahe oOasesa
(1
35
2)
123.000
aKrilBHocn4
180.000
onpesuBaba
lloeehaFbe sanuxa
l-loeefiarbe norpa(HBalba
floeeharbe o6agega (135 - 12-50)
flo6ur npe
MPLAN PUBLISHING
aKTlBHocrH
v$
300.000
(68,000)
(125.000)
73,000
180.000
309
oAroBoP HA
llopesn na go6nrax
paAHH paqyH
AKTT4BHOCT 2
Kpajrua canAa 3a rexyhu nepuo4
flnahexu nopes
(quQpa sa
xopuroaarue)
169.000
ilopesu xa go6urax
O4noxeuu nopes
271,000
190.000
4o6urax
Ognoxeun nopes
Ilopesu xa
140.000
Sunaxc ycnexa
go6urax
O4noxeuu nopes
flopeeu Ha
310
140,000
4aroj
300.000
roAhHt4,
50.000
anu qecro
KAPI-AN PUBLISHING
oAroBoPh
HA nPAKThTIHA nhTAt-bA
nhTAt-bA ilcnnTHor
TrnA
Tnna
vl nHTat-ba ncnt4THor
NOTflABJbE
NPAKTI4LIHO NilTAI-bE
llpegysete (DWS"
(a) Ennarc ycnexa npe4ysefia "DWS"
y$
llpuxol o4
npogaje
y$
188.000
(8.000)
180.000
3l.000
Ha6asra
(6.000)
(s3.000)
(88.200)
Bpyro 4o6ur
Pacxo4n npogaje
I'pejame
lr
IIlare u
3apaAe
9l.800
12.000
ocBerJrerbe
8.000
(14.000
(s.000
HaxsaAe Ar{peKropa
lllrauname n xaHqeaapnjcxu uarepnjal
(6.000
Tere$ou u
Qaxc
+ 1.s00)
(4.000 -
3arynuuua H ocurypame
15.500
3.600)
8.600
6.000
1.000)
5.000
1.000)
3.000
HarnaAe peBu3opa
3.500
3.000
(2.400)
4.000
12.500
9.600
(88.300)
3.500
(
1.000)
2.500
Ohuiaa
Arcqujcrcu
rcahutiiu
y$
l. orro6pa
Hero Ao6ur 3a ry
Ca.nao
20X3.
roar,rne
100.000
doduili
v$
v$
y$
15.000
34.000
149.000
2.500
2.500
roAr,rHy
llpeuoc
-.(r.rnr4euge: ncruahese y
10.000
rr,refi ynepnory
MPLAN PUBLISHING
Hepac1opefieua !rcyiluo
pnepsa
roprre
100^000
25.000
r0.000)
(2.000)
(2.000)
24.500
149.500
311
CflUTHH n PEAM ET :
O14
(6)
Emauc crarra
Ha AaH
Hadaona
epeilnociii A.uopniusa4uja
y$
y$
Cmrua cpeAcrBa:
Ilocrpojena H onpeMa
Kan4erapujcKa onpeMa
Hedio
y$
125.000
40.500
84.500
43.800
24.600
19.200
168.800
6s.100
103.700
Odprna cpeAcrBa:
53.000
3a.ru,rxe
Ilorporcanarra (32.000
.(arr
anaHcu (3.000
30.400
1.600)
(II3) + 2.000)
5.000
EilarajHa
1.000
89.400
193. r00
Karrraa
H pe3epBe:
Axqnje og no 0,5$
100.000
Onurra pe3epBa
Hepacnopehesa Ao6ur
25.000
24.500
r49.500
Teryhe o6aneee:
4.000
30.400
3.500)
8.600
2.600)
3.600
1.000
43.600
193.100
IIocilyil4u
(tll)
v$
Ilorpaxornama y npo6Hor'r 6uaaucy
OrnucaHo cWItHBo H clopHo florpiDKr,rBa]be
35.000
(3.000)
32.000
$32.000 x SVo
(II2)
Anropnrsaquja
312
llVo:
$12.500
$1.2fr--
$15.000)
33,33Vo: $9.600
KAPLAN PUBLISHING
[prrBpeMenH pa{yn
Y$
Ayryje: go6arruavr
Y$
1.200
1.200
Ayryje: O6asese
2.600
'
2.600
Ha rrpHBpeMeHoM par{yHy Mopa ce Aorar}t n.nahamrua
o6elo4anyjy y
NOTflABJbE 2
alu
ce
HanoMeHr,r.
NPAKTK1T]HO NNTAFbE
l,lnQoprrrtaqnje
Eauoueua: Pasrrlorpnre usneuraj no AenoBr,rMa H pa3Morpure Aa nr,r cre o6yxnartlu:
o
.
.
.
.
y oAHocy ua
OAHOCy Ha CaOnUTaBarbe
r,rH@opuarlraje
Haqr,rH:
r,r Kopr,rcre
raxne nHQopruaqnje.
313
KOpHCHr,rKa.
4. Aeo:
(...Aa
ce rporrrKoBu [pr.rKy[JbaH,a
rpaHHuaMa pa3yMHor.
Ouo
je
'
Y seruau
3eMJMMa nperysehnrua
je
('KopHcHHrrKr,r
NOTIABJbE
(a)
oryfierra
Ao6rrn raKo
Aa ce jeprHo Ao6uuu ug
(6)
ApZyutwu sa ilpuuruoarce
314
MPLAN PUBLISHING
(q)
"BaO" je npegysehe roja ylaxe y HeKperHHHe. Kao raKBo, oHo je npe4ysehe roje
ce 6aslrpa Ha DpeAHocru u roje Hacrojn Aa MaKcHMH3Hpa npuHoc aKur,roHap[Ma
rrpeBacxoAHo pacroM AynopoqHor KanHrana y BpeAHocTr4 ynaralba.
r,r
NOITABJbE
NPAKTTILIHO NilTAl-bE
llpe,qysefia ,,Pixie" H ,,Dixie"
I-lpegysefi e,,Pixie" H heroBo 3aBucHo npegysete
Eunaxc cralba rpyne Ha AaH 31. 4eqerra6pa 20X9. rognxe
+ 110.600 + 20.500
y$
(116))
y$
341. r 00
149.500
490.600
Kanura.n !r pe3epBe
Axurjcxr,r
KarturzrJr
200.000
130.125
330.125
20.250
350.375
I19.600
20.000
625
140.225
490.600
KAPLAN PUBLISHING
315
h Cn hTH 14 n PEAM ET
O14
HAHC
t4
JC KO l43B
EtllTABAl-bE
llocuyutlu
(IIl)
fpyna
7s%
Mamusa
2s%
100%
(II2)
y$
,,Pixie":
I 13.100
,,Dixie":
43.400
(7.000)
149.s00
(II3) 3arme
repeanrcoBaua go6nr
v$
3a.nuxe xoje
42.000
7.000
Vveuhe rpyneT5Vo
5.250
1.750
eBrrAeHTnpzuo npno6uruy
go6rr,
eJruMr,rHr,rcalbe
(II4) IlocrynaK
v$
(II5)
Oao6peue AHBHAeHAe
2.500
1.875
625
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daliiytt
Ha dautytt
ctiiu4atta duaauca
y$
50.000
20.000
70.000
cuiarua
y$
s0.000
38.000
88.000
(116) Iyanrur
y$
Tporuronr ynamrsa
73.000
(s2.s00)
20.500
([I7)
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y$
,,Pixie":
flo nurarty
y$
120.000
1.875
121.875
7.000
8.250
I
316
30.125
MPLAN PUBLISHING
oAroBopl4
HA npAKThLtHA nrTAFbA
x (88.000 (n5)
7.000
v$
20.250
G3))
$000
y $000
Cpelcrna
Cilanru cpedciiea
Herpernuue, nocrpojema u onpeMa (2.544 + 2.388)
CoQrrep (tl2)
Iyasur (II4)
4.932
2.400
500
Yrarana (214
252)
466
8.298
OflpEilru cpedcwea
t.529
3anuxe (W5)
KynqH (629
I'orosrHa
r.r
394)
1.023
+ 18 toroB[Ha
y npelasy)
42
2.s94
10.892
Kanlrrar H o6asee
Kailuilu
Axuuje
u paepse
ol no $l
2.400
2.400
Ilperunja ua aru1r,rjy
HepacnopefieHa ao6nr
(II6)
3.306
8.106
498
8.604
,\y1opowrc oduo$e
sr6
240)
Kpailrcopoune odaeae
,(o6anravn (690 +
t.256
566)
32
210)
484
1.772
10.892
lncwyuqu
ryyne
fpyna
90%
MarsuHa
t0%
l00Vo
KAPLAN PUBLISHING
317
(II2)
CoQrnep
,,Sleeple-ooe" Koucoaudoeaue Pasnurca
KannrarusonaHlr H3Hoc
Arrropruearlr.rja Ao 31. rr,tapra 20X9. roAr,rHe
KtuuZe 1pojrce
y $000 y $000
2.880 2.880
(360) (480)
y $000
120
flo4arna.
aMopTr,r3aur,rJa
KmuronogcrBeHa BpeAHocr
31. uapra 20X9. roluue
(tI3) Hero
2.520
2.400
Ha datuytt
cutuqawl
y $000
Axqujcrn
Ilpeunja
KafltrrzrJr
Ha
$000
1.800
r.800
600
600
2.640
2.706
s.040
s.106
arqujy
Hepacnopefeua Ao6ur
Ha daulvtu
-L
ouloHca
cuotbo
(tI4) Iyannr
v
Tpouxonn ynararba
$000
5.036
x 5,040
(ll3)
4.536
500
(tI5) 3arue
y
HsHocu
ro rnralby (863 +
672)
$000
1.535
(6)
1.529
(116) Hepacnopebeua
lo6rr
y
$000
$000
3.360
,,Pillar"
,,Steeple":
2.706
(r20)
(6)
z.xo
flpNruxorvr crlruaH,a
318
(2.640)
tool
(s4)
3106
MPLAN PUBLISHING
$000
(tI8)
120
6 (116))
498
$000
90
(18)
NOITABJbE
72
NPAKT]/qHA NNTAI-bA
llnrarue 1: H u C
Koxconugoeann 6unaxc ycnexa 3a roAHHy roja ce 3aBpunna 30. cenrem6pa20X7.
$000
llpuxot oq npolaje
5.350
Tpouxonu npo4aje
2.715
Epyro go6ilr
2.635
PacxoAl,r
1.620
1.015
llopes
[o6ur
280
flocne onope3nBalba
?35
flpunlrcuno:
Axquouapuua npeuyseha
Manuscruu yreuhuua
[o6ur rpunuc]rBa
II
(B)
(40Vo
663
x 180)
72
npe4ysehy H
735
roAHHy
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fio6rar 3a
663
(420)
243
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KoHcorl,rAosaua ra6ena
H
y
llpoaaja
KAPLAN PUBLISHING
$000
4.500
C Kopulooauo
y $000 y $000
1.100 (2s0)
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$000
5.350
319
O14
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14
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nfioaanrx nponsnoga ([I I)
620
2.320
2.7t5
(2s0)
25
ro6ur(Ill)
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Epyro
80
220
80
2.180
1.400
(2s)
2.63s
1.620
280
$25.000
([2)
ol
y $000
PeAonHo 60Vo x 80
48
(a)
Maruqxa npegyseta (Mn) u rberoBo 3aBHcHo npeAy3efie (3ll) - Ennaxc ycnexa rpyne
3a roAHHy xoja ce 3aBpuuna 31. geqeur6pa 20X5. rogune
[o6ur
oA
y$
rproBnHe
900.000
[o6ur
(25V0 x
70.000)
npe olope3uBarba
917.500
450.000
nocJre o[ope3r,rBa6a
467.500
IIopes
[o6ur
17.500
flpnnucuno:
Axquouapur'ra npegyseha
Marruucxo yveruhe (II l)
MII
(B)
457.500
10.000
467.500
[o6nr
2.089.000
3a roAr.rHy
457.500
Hcn.naheHe AHBr{AeuAe
llpeuero Ha HapeAHH fieptroA
r03.000)
2.443.s00
3t.t2.x4
y$
3t.t2.x5
y$
98.200
I 13.700
Kopuloearua
Yrcyiluo
lficatyutlu
(II
l)
KoncolrrloBarra ra6e.ta
MII
,[eilianu
y$
[o6ur
IIopes
oa rproBnHe
800.000
400.000
400.000
3II
80Vo
rcod rcoucotudaquje
y$
y$
100.000
s0.000
y$
900.000
(4s0.000)
467.500
50.000
10.000
MPLAN PUBLISHING
oAroBopl4
(tI2)
HA npAKThr{HA nhTAt-bA
i
Tpourronu ynarama
go6nr[
3t. t2.x5.
Y$
.200
8l .200
17.000
32.500
98.200
113.700
8I
Yqeurhe y Hepacflopefeuoj
- 25/ox (100 32'1 n (162
(II3)
t.12.x4.
y$
nocJre crr,ruarba
- 32)
I'pyna
v$
MII
3ll
2.000.000
80% x (130.000
A25% x (100.000
40.000)
72.000
32.000)
17.000
2.089.000
y $000
Ha6asHa BpeAHocr
500,0
30Vox(390
150)
72,0
ropr,rronarre (iii)
(4,8)
Ylararre
567.2
Marsurcro yveurhe
$000
x 2.255
Kopr.rroBalba
(i) n (ii)
902,00
Ao6mn
xopuronarue (iii)
(8,00)
(l,92)
892,08
Pesepne rpyne
$000
Pesepne npegyseha J
fl -
ll -
1.460,00
60Vo
x (885
4l1,00
200)
(i) tr (ii)
II - yreurhe y Kopr,rroBalby
xopnroname (iii)
y $000
KopnroBarba
(I
Hepeanu3onane 4o6urn
8,00)
(12,00)
(2.88)
C
378,12
72.00
1.910.12
IGPLAN PUBLISHING
321
h Cn
Ll
JC KO h3BE tllTABAl-bE
Kopnronama
npe,uyrehe
(MII)
(400.000
30.000).
Ha daluyttt Ha doluyttt
ciiuqatta fiutauca
Aruujcru
y$
1.000
200
400
1.600
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cwarua
y$
1.000
885
370
2.255
$000
Ha6asna BpeAHocr
L000
(a60)
40
$000
($100.000x251125)
20
($80.000
-#l
y $0?:
{8
NOTNABJbE
3a
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$000
$000
Crarsa cpeAclBa
MarepujarHa cpeAcrBa (60.000
103.500
10.000
43.500)
(II I )
I13.500
O6prHa cpeAcrBa
19.500
22.000
41.500
155.000
322
KAPLAN PUBLISHING
Kanrral rt pe3epBe
Axqnjcxn Kannrarl [30.000 + (20.000 x
llperr,rraja na axqujy U0.000
615)]
54.000
40.000
18.000
- 1,00))I
Hepacnopefena Ao6ur
I12.000
+ 11.000)
26.000
17.000
155.000
IIoctuyil4u
(Wl)
CreveuH ryrpgn
y $000
$000
54.000
43.500
3aluxe
flpyra o6prna cpeAcrBa
9.500
10.000
(8.000)
KparxopovHe o6asege
llorup,ue o sajuy
(l r.000)
(44.000)
fyqnnr
(6)
10.000
nOUy
noun
Aa rrpr,rKaxy:
JIIAKBI,IAHOCT
cpa3MepHo
3axresn IAS 27
Csa sasucHa npegyseha ce uopajy KoHcoJrr,{AoBaru. Hs6erasa}be KoHcon}IgoBa}ra
3aBHcHHx npe4yseha Huje AosnoJbeHo HH no4 xojuttl oKoJIHocrHMa. Tpe6a
Ha[oMeHyrH cleAehe:
xpurepujyue
sa
oHAa ce
craHAapAoM
[ocroje
KoMeHrapH
la
KoHconr,rAoBarba Ha reMeiby
KAPLAN PUBLISHING
rora Aa
323
Cn UTHH n
14
JC KO rl 3BEIIJTABAI-bE
KOHCOnHAOBa}ba.
NOTflABTbE 7
y$
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llpuxol or npolaje
y$
I
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647.929
Epyro go6ur
365.071
(II)
A,4rrlnnucrparuBHr,r pacxoar.r (II)
flr,rcrpu6yrunuu rpouxonra
224.211
67.920
292.191
{o6r,rr
H3 rrocJroBarba
llpuurueHa
72.880
KaMara
910
1.310)
(3.110)
(2.200\
(l)
(2)
[o6ur
npe orop$HBama
Tporuxonn
[o6nr
70.680
rop$a ua Ao6nrax
32.870
3a roAHHy
37.810
(l)
[o6ur
v$
Aruoprnsaquja
flrare
L300
ganocreHux
HaKHaAe
246.289
AHpeKropHMa npe4yseha)
(2)
Onopesunana
v$
Ilopes sa 1o6nrarc25Vo
llopes sa xojr,r Huje nsnpureHo
32.000
AoBoJsHo
870
32.870
(3)
IlpeAloxeua
AITBHAeHAa
324
MPLAN PUBLISHING
oAroBoprl
HA nPAKrhqHA nhrAl-bA
nNTAI-bA
ucnilTHor rfinA
Arcqujcrcu
llpetuja Pesepea
ua
KAUUUIAJt
arcqujy
Pesepea Hepacaopefieua
sanrcHy
3a
dofiuiii
tioctrtpoierua
y$
v$
v$
EuraHc Ha AaH 31. uapra 20X3. 185.000 6.100 40.000 51.700 282.800
37.810 37.810
Hero Ao6ur 3a roAI,IHy
y$
y$
llpuopnrerHe
O6lrqHe arqrje ((140 TpaHcQep
Eruracraja
l2Vo)
15)
(3.360)
(15.000)
10.000
(15.000)
(10'000)
15.000 4.500
arqnjcxor Kanurana
r0.600
200.000
(3'360)
19.500
61.150
50.000
321.750
IIoctuyilarc
KlacuQuroname pacxoAa
y$
PacxoAu no uanouenu
[ucrpu6yrnBHrl
y$
v$
2'
t52.s7l
TpoIxKoBI,I
CuponrHe
366.238
OnurrrrporrrKoBunpon3BoArbe 159.302
Tpouxonu rurara 3anoclreHux 98.789
flupercropn
12.300
AMoprusaqrja (4.000 +
7.300)
56.400
15.300
63.s00
11.300
3aryn xauuenapnje
2.300
Penueuja
1.500
620
647.929
224.271
57.920
Mendiopcrca naiioueua:
llper'la IAS
I saxresa
y 6rlancy ycnexa.
K'bwH HM pyKoBOAHOUUMa.
NOTflABJbE
NPAKTI4qHO NilTAI-bE
l'lpegysehe,,Humpledink"
Paryx nopesa
y$
v$
flpeuoc calga
Eu.nauc ycnexa:
60.000
llpexouepuo pe3epBucarbe
$60,000 - $57,500
Ioronuna
2.500
57.500
60.000
MPLAN PUBLISHING
325
- 06asesa sa
$
Ilopes Ha lrcrulaheHy
Kpajrru can4o
sa reryhu [epuoA
EulaHc ycnexa
ar.rsr.rAeHay 3.125*
75.000
71.875
75.000
75.000
$12.500
llopesxE:$3.125
(6)
[o6ur
75.000
(2.500)
ueonxo4no
150.000
72.500
[o6ur
(q)
77.s00
HepacnopefieHa 4o6ur
Crame Ha AaH L jaHyapa 20X5.
Ao6nr
rolrse
120.000
3a roAHHy
I4cmaheHe
77.500
fl2.s00)
AHBT4AeHAe
(r)
185.000
Teryhe o6asese
l.
71.875
.
o
flocrojl{
je neponarHo Aa he 6urn
je pe3ynTar Aorafaja
[,r3
rrpounocTH
o
I
floruro
326
t(API-AN PUBLISHING
ro rr,rqe,
HI,IKaKBo pe3epBl,Icame.
HeoIIxoAHo
2 llouoeuu tusuttd
Vronop o nr,r3l,rHry je ovuuegHo oHepo3Hl,I yroBop npeua geSunr'rqujr las IAS 37 (ro jecr
Heus6exHr,r rporIIKoBH H3Muperba o6asesa H3 yroBopa [peBa3l,Ina3e rHM yroBopoM
oqeKr,rBaHe eKoHoMcKe
xopucru).
fpyna rttoxe
3 Cydcnu ilpoqec
IIpanHu canet je ga je eeponarHoha [a he ryx6a ycflerl,I uala. Malo je reponarno ga
rpyaa r,rMa ca4arrtry o6anesy Aa HaAoKHaAr,r rlrrery Iryfiuy u crora He rpe6a npusuarr
rrr,rKaKBo pesepBncalbe. Me[ynrr'1, nocroju noreHIlrjalHa o6asesa. Ocuu aro je
uoryhuocr [peHoca eKoHoMcKHx KopI,IcrI,I MaJIa, y QltHaHcnjcruu nsreurrajuua rpe6a
o6eloAasnrn KparaK ort,lc fipnpoAe noreuqnjalHe o6anese, flpotleHy rbeHor
@uHaucujcxor e$erra H Ha3HaKy ga nocroju HeH3BecHocr y Be3H ca H3HocoM IIJII'I
BpeMelrcKHM TpeHyrKoM oAJIHBa.
4 Ereoruwrca wfrewa
Jacuo je ga ue nocroju 3aKoHcKa o6asega caHuparba ulrere. Mefiyrurvr, xpos o6jaorene
rroJruruKe, rpyna je H3a3BarIa oqeKl,IBarba crpaHa rojux ce ro rl,Iqe ga he npelysem Mepe y
ToM rrpaBUy. Crora nocroju r,r3BeAeHa o6asega caHl,Iparra urere I,I fipeHoc eKoHoMcKHx
KopHcrH je neponarau.
fpyna
r',ropa
HsHoc jelHax noqerHoM p6epBgcarby rpe6a npusuarl,I Kao .qeo na6anHe BpeAHocrH
pyAapcKor cpeAcTBa H aMopTI43OBaTH ra TOKOM OCaM tOAHHa.
pesepBucalba
QnHaHu.rjcKHM r.r3Berlrajuua rpe6a o6eloAasraru KlLlIroBoAcrBeHH H3Hoc
Ha AaTy[I 6ulasca cTar6a, OnHc np[IpOAe o6asege H oqeKHBaHo BpeMe noTp6ulrse. Y
SnHancr,rjcruu usreurrajuua raxofie rpe6a Aarr Ha3HaKy o HeI,I3BecHocrHMa oKo H3Hoca
H BpeMeHa IIOTpOrIIlbe.
MPLAN PUBLISHING
327
NOITABJbE
NPAKT]4LIHO NilTAI-bE
Ilpegysehe n
(a)
Malo je
(i)
(ii)
reryher nop$a.
(6)
y6psaHe
ce
r(ao
328
MPI.AN PUBLISHING
(u)
Y $r'r
l. uonelr6pa
20X9. roanne
1,50
([l)
0,84
2,34
4,70
O4roxeHu nopes
0,84
5,54
lncutyuotc
([l)
Y $rtr
Y $rrr
Iloneha]be pe3epBucalba
Pesepnucarre 3a rrope3
20,8
Auoprusaquja
18,0
2,8 x 30%
NOTTABJbE
1O
0,84
Ilpuxor (IIl:
750 + 2.250)
3.000
3a roALrHy
(ll2:224
$000
(3.076)
(76)
300)
06pnina cpedc-uoa
([I4)
I 19
t50
flyropovHe o6asese
6s0
ll0cwyutlu
Cue qNQpe cy y $000
6pod so
pu6ottoo
Ilylliuuurcu
lupajercEi
(II1) tlprxoa
!,o cenr. 20X2. rolwue:3.000 x
55%
KAPI.AN PUBLISHING
1.650
5.000 x
45%
2.2s0
(e00)
750
2.250
3N
CnUTHl4 n PEAM ET :
Ot4
HAHCTIJCKO h 3BEIUTABA|bE
([2)
.(o6rr
,(o cenr. 20X2. roAnue:
55% x (3.000
6s0
539
s80 -790)
(300)
Pesepnucalbe 3a
[o
ry6rrre
30% x (3.000
6s0
(3rs)
1.300)
(300)
224
VronopHa qeHa
5.000
(s.300)
3.400)
(300)
(II3) TpouroBtr
rrpoAarlrx npog3BoAa
Llll Ilpmoa
539)
2.550
*PesepsHcat6e
sa ry6urre
- 315) (585)
526
2.550
(II4)
.{ocneno oA Kynaqa/xynqnMa
Ao cala HacriurH rporIIKoBH (650 + 580)
750)
GIs)
L900
539
(300)
r.6s0)
(2.2s0)
119
(6s0)
1.650
2.250
r.s00)
(2.2s0)
Ao
Qarrypucano (900 + 750)
llpurureua roroBuHa (800 + 700)
ca,qa
florparurnarre
(6)
1.230
150
yroBopHa qeHa ($5rrr). O6anege npeHoca eKoHoMcKI,Ix KopHcrH Kao p$ynrar yroBopa
cy yrgmHu TporxKoBH unje ce uacrajarue overyje- y yKynHoM s6upy ol $5,3r'r. Osae
oqeKHBaHa o6asesa npena3u H3Hoc
ce janrsa Hero "o6aBe3a" (ry6urax) oa $0,3r'r
cpeAcrBa. Osa o6aseca o,q $0,3r'l ce npnsHaje Kao Aeo KrturoBoAcrBeHe BpeAHocrH
6pyro nsHoca rojn ce ayryje rynuuMa tro ocHoBy yroBopHor nocJla.
NOTTABJbE
11
ilTAI-bE
IACN
HTHOT TT NA
Ilpegysefie "Ace"
(a)
3awilo cy frofripefuru
330
MPI.AN PUBLISHING
oAroBoPl/
HA nPAKTI4L{HA
nnTAbA n
xoju xem jerura u.nu o6e cT paue. Crora r'lory HMarH Marepujamro suavajaH eQerar Ha
nosnqr.rjy n nep$opuaHce jegHe wm o6e crpaHe. Axo xopucuNqr,r SnuaHcnjcru:<
nsneuraja Hlrcy yno3Harr,I ca nocrojameM oAHoca u rpaHcaxrgja [oB$aHI{x crpaHa,
cruaca xoja ce crBopu QuHaHotjcrcau usneunajnua Moxe 6rm norpeurHa.
(6)
Aa nl,r cy nsr'refly
oAHocH
.
.
.
nr.{Tama.
Caelehr
.
o
.
u rreHor eserra
na QuuaHcujcxe usneurraje.
flpernocranrsa ce Aa cy cBe rpaHcaKurje nonesauux crpaHa y flr{mrby uareprjarno eHavajue.
Te rpaHcarclr,rje cy cyrrrnpaue y c.ue.qehuu ra6e.naua:
Foguxa xoja ce 3aBpuJnna 31. t'rapra 20X8.
"Trey'
'Ace":
'DeLtce"
O6enogaxuru go6ur
og npogaje yHfrap
O6enogauuu KynoBHHy
crpaHe npegyseha
"Ace" npepy3ehy
"Deuce".
rpyne oA $5.000, Ha
xpajy ro4uue ueua
1 l"lpogaja MauuHe oA
Heucnnahexux H3Hoca.
Mau[He oA MaTuqHor
npepyseha sa $25.000
t4
TporuK0Be
auoprueaquje o4
$5.000, Ha xpajy roAuHe
xeua xeucnnafieuux
1,l3H0Ca,
KAPLAN PUBLISHING
331
2 Huje npr,meuruuao
3 Tponrxosu
pyKoBobeba Koie ie
"Ace" o6aBrbaflo ga
npeAy3efie "DeUCe" u
sa npegysefie "Trey".
O6eno4axurn
6ecnnaruo npyxalbe
ycnyra pyxoaoferua
6ecnnarxo npilMatte
ycnyra pyxoaoferua o4 ycnyra pyxoeolerua o4
3ABLlCH14M
MarhqHor npegysefia,
06eno4axuru
O6eno4aularu
6ecnnarHo np[Malbe
MarilqHor npegyseha
npe4ysefiuua.
"Ace":
'Trey"
oA crpaHe npe4yseha
"Ace" npe4ysehy
saBpueHa.
1 l'1po4aja MauuHe
Hel,ra
MauruHe q/nrbeHe oA
"Dgucg".
MaTuqHor npe4yseha
2 l-lpogaja po6e og
crpaHe npegyseha
"Deuce" npe4ysehy
O6enogauuru npoAajy
po6e npepysehy "Trey"
O6enogaruru KynoBuHy
sa $15,000 go6uru og
"Trey".
$9.000.
"Deuce" sa $15.000, Ha
xpajy ro4uue uel,ra
seucnnaheulu H3Hoca,
Caa po6aje npoAara Ha
npoulne roAuHe,
pyxoaolerua xoje je
"Ace" o6aBrbaro il 3a
npegysefre "Deuce" H
sa npegysehe "Trey".
NOTTABJbE 12
po6e o4 npe4yseha
rpajy ro4uue.
$10,000. O6eno4axuru
O6eno4aruru vurue-
MaruqHor npe4yseha sa
$10.000. O6eno4axnru
$10,000 xojr ce 4yryjy
MarhqHoM npe4ysefiy
xa xpajy roAuHe.
(a)
Ilperyaehe A
y $000
450
75)
Kanuraa lr pmepBe
O6r,t,{He axquje (300 - 50)
PauyH nper'ruje ua axqujy (60
KannraaHa pe3epBa
HepacnopeheHa 4o6ur (160
250
l0)
15
50
45
45)
100
Kanumn
445
fiyropovue
o6asese
450
IIocfryiltqu
lyeyje
Iyzyje
y$
I'orosuHa
lloiiipacrcyje
y$
5.000
5.000
lyzyje
Iy|yje
Iy|yje
O6n.rHe aruuje
PavyH nper,ll,ljE ua arqnjy
HepacnopefeHa Ao6ur
Iloulpacrcyje I'orosuHa
50.000
10.000
15.000
75.000
332
KAPLAN PUBLISHING
oAroBoph
oI
HA nPAKTI4L|HA nnrAFbA
0,2$
npeurja
Ha
llzyje
nlu
nocrojeha
orKyr ($25.000).
45.000
Hepacnopeheua Ao6ur
45.000
Ilotripocrcyje Kanura.nne pe3epBe
paAlt
pa3nuux
nsrtrefly HoMI,IHIIJIHe BpeAHocrH Iq/rubeHHx axuuja
Bygyhu Aa ce
o
($50.000) u nplrxoAa oA HoBe euucrje ($5.000) npeHerrreHr,rx Ha KarrHriIrIHe pe3epBe
y rIHJby oApxaBarra ocHoBHor KanltraJla npelyseha.
(6)
llpe4rocru
.
.
.
aKur,roHap
la Habe rynua
.
.
(a)
.[O[,IC
Ilpma: lIouohsnr
IIIane: [IIe@
ureQa pavyHoBoAcrBa
pavyrroBoAcrBa
,[arytl: xx-xx-xx
llpe4ner: llpegenraunja @r.uraHc uj cKHx rlrrcrpwe Hara
V osoM Aorrlrcy ce o6jaurrana llctrpaBHa npeseHraquja $nHarrcujcrr,rx
HHcrpryeHara y cK,raAy ca uef yHapoAHrM paqyHoBoAcrBeHHM craHAapAHMa.
IAS 32 pery[uue ony o6lacr par{yHoBoAcrsa. EN,II,IreHr QuHaHcrjcxor l{HcrpryeHra
rpe6a la ra xlacn$r,rryje xao o6asegy HJU,I Kanuran y cKJIaAy ca cyuruHoM
apaHxMaHa. Mopajy ce KopI,IcrHrlI 4eQuHruuje SuHaHcr,rjcre o6asese
uHcrpryeHra KanuraJra Hs IAS 32.
o6anese je
(6)
KAPLAN PUBLISHING
O.(Hocuo:
$
oTnJIaTa InaBHI,Iqe
G)
x
eBrAeHrr.rpa
o6uqHo cacrojarn I{3 ABa eJIeMeHTa: roAurx}ba nlaheHa KaMara H roAr,rur}ba auoprusaqrja
npeuuje roja qocnena rrpHnHKoM orrqma. 3a 6ecxauarHe o6segnnue flonyr oHl,rx xoje
er',rr,rryje "Tall plc" HeMa roAr,nxrbe KaMare H roAurllrbe repeheme lstasca ycnexa he ce
cacrojaru caMo oA roAHrxlbe auoprrsaquje npeur,rje xoja gocnena npHJrHKoM orKyna.
3a orrynune npnopnrerHe axqnje 6es 4nnugeuAe noryr oHux roje euuryje ,,Tall plc,,,
roAH[Irbe repeheme 6ulasca ycnexa he he, clr,rvHo, 6rru caMo 3a auoprusaqujy npervtrje
roja 4ocnena [p]r.nHKoM orKyfla. Hanouumeuo Aa ce ono repeherse npnxasyje xao
TporxKoBH Quuaucuparra y
ycflexa, a He Kao rporrrKoBrr HcnJrare AHBHAeHAe y
usneurajy o npoMeHaMa Ha 'utrutcy
Ka[HTa[y. Oso sila.r 3a cBe rpourore xoju ce oAHoce Ha
npuopHrerHe aKUHje xoje ltcnyrranajy ycrone 3a npr,r3HaBalbe Kao SnHaucujcxe o6anese.
Cse Ar,rsr,rAelrAe xoje ce ncnnahyjy Ha raKBe apuopr,rrerHe axqnje npuxasyjy ce eQerrnnHo
Kao rpolrrKoBn KaMare y 6ulancy ycflexa flo[rro oBo oApaxaBa cyurr,rHy yroBopHor
aparDKMaHa. Cauo oue Ar,rBr,rAeHAe roje cy ucmaheHe na arquje roje ce onucyjy rao
HHcrpWeHrH Ka[HraJIa ce [peHoce AHpeKrHo Ha KarrHrzur u o6elo4anyjy ce y usneurrajy
NOTIABJbE 13
npoMeHaMa Ha Ka[lrTarry.
Iluciliaaaquje
Xollietu
y
Ha6anna BpeAHocr Hnr,r [porreHa
Ha Aau 31. geuer\a6pa 20X9. rotuue
Iloneharm
Ha AaH 31. aeqerrl6pa 20X0. roAuHe
$000
478.000
12.000
4q0.000
oupetru
y $000
1.000
7.000
18.000
Ycyliuo
y $000
489.000
19.000
508.000
Aiuoprnsaqnja
334
9.400
2. r50
r 1.550
46.200
56.000
434.000
6.450
440.450
431.800
1.600
433.400
9.800
55.600
I 1.950
67
.5s0
MPI.AN PUBLISHING
Ilociiyiiarc
y$000
([Il)
Auoprnsaurja
xorerrH (490.000 x 2Vo)
9.800
2.150
(6)
r.950
TeryhnrporrrKoBrrarrroprusaulje
v$
A ((800 - 180) E 50)
XorerE(700- 120)D30)
Xorea I{ (1.000 - 140) tr 40)
12.400
Xore.rr
19.333
2l .500
53.233
Penuggpaxa anroprnsa4rja
y$
Xorer A (1.300/50)
Xorer E (850/30)
26.000
Xorer I{
r6.250
28.333
(650/40)
70.583
Penaropusa4roHa peepBa
- 180) - 1.300)
Xorer E ((700 - 120) - 850)
Xoren A ((800
680
270
95q
- 140) - 650 :
$000
Il
y 6ulaHcy ycnexa,
$210.000
6niraucy yclexa.
r{nmeHuua Aa BpeAHocr xoreJla pacre, He yITIqe Ha onaj roHlrenr ynapl,IBarba
crora He nocraje o[paBAaH apry]IeHr nporHB arrroprusaquje cpeacraBa.
I,l
(e)
16
je
KAPLAN PUBLISHING
335
t.\
ACnuTHn
14
JC KO
t4SBElllTABAlbE
Tpouroee rpe6a
ror
cpeAcrBa.
PeuoHre o6jexara rpe6a npusHaru Kao pacxoA y 6rnancy ycrexa KaAa ce o6annajy
ocHM aKo ue npo[yxyjy nex rpajama o6jexara. Ilosnnajyhfi ce Ha IAS, r,roryhe je
rBpAHrr.r Aa paAoBH Ha yHyryaurbocrr,r xoreJra Mory Aa 6ygy yuanpefieme run
uorlu
Kanr,rriulu3oBarr{.
r,t
HcraJraur.rja
roje ce
carrlemyjy.
Bar: Lt
wH
Mep[TH
]ra
[JIarH BH H3Hoc.
Htje
6ruro H3BecHocru oKo Haqlora npnKa3uBarba cMarrelba Bpe&rofiI,I y SuHaHcnjcrcavr usoeurrajraua. Ha npruep, M rM ca r6rua rpe6a flocrynaru Kao ca AoAarHou auoprusaryrjou (xoja
yn+re Ha ao6rna) I,I,IH Kao ca Herarr,tBHoM peBa,roprcaqn[oru (xoja HeMa rarGB e@xar)?
Kao pesynrar, paqyHoBoAcrBeHa rrpaKca je uecro 6ura ue4ocreAHa r,r nocrojao je puaur 4a
uoxe gohu Ao Walbelba BpeAHocr,I roja ce He nplrsHajy y $nnaucnjcxurrl usneurrajuua.
(6) Hadorcuadaou wltoc
IAS 36 ce HaAoKHaAr.rBH H3Hoc ge$nulrure Kao Burrra BpeAHocr o4 c.rlegehe ane: eep
BpeAHocr walbeHa 3a rporrrKoBe npoaaje (ro jecr uero npoAajua ueua) u ynorpe6Ha
BpeAHocr. (Dep upe4uocr WarbeHa 3a rpourKoBe npogaje je usnoc xoju ce uoxe
ocrBapr,ru,r oA flpoAaje cpeAcrBa y nesanucHoj rpaHcaruuju rsrrrefiy o6aseurreHux, BoJbHHx
crpaHa, yMarbeH 3a rpotxKoBe oryflena. Ynorpe6Ha BpeArrocr je ca4aurma BpeAHocr
[poue]beHHx 6y4yhr,rx roKoBa roroB]rHe xoja ce overyjy oA KoHTtrHyHpauor xopuurherm
r,r oA lreroBor oryfena Ha rpajy nexa rpajama.
Jloruxa onnx ge0rHurruja je ro Aa KaAa ce BpAHocr crarrHor cpeAcrBa yt"talbr,r, Mopa ce
AoHerH oAnyKa o roMe Aa nr,t ra H Aajbe Koptrcrrrll,I I./,l1,l,1. ta rrpoAarH. Ona o4lyxa ce
6asupa Ha roKoBHMa roroBrlHe xoju ce Mory reHepncarr,r [peAFr,IMa[beM cBaKor npaBua
cpeAcrBa
Ao6nrlr sehu r,rsnoc roroBuHe npolajorrl u o6parHo. To guaqu Aa KaAa ce HeKo cpeAcrBo
HaBeAe no nuuoj oA ABe BpeAHOCTH: @ep npegnocrr,r prlarueHoj sa rpot[KoBe npo4aje r,I
ynorpe6uoj BpeAHocrH, eBr,rAeHrupa ce no Hajnuuroj upe4Hocru xojy nua sa npe.(ysehe.
(U) (i) Iyflutuare yued ynarcena opeduocdu
Y $r'r
KruHrosoAcrBeHa BpeAHocr
500
Ha4oxua4lun
(38s)
H3Hoc
il5
BpeAHocrH
,^*
oo Sep npe4Hocrlr
llocwyat$
(tll)
npogaje:
Y $r'r
fyanun
3eursnurre n o6jerrN
270
llocrpojema H onpeMa
50
320
336
MPLAN PUBLISHING
oAroBoPh
(ii)
HA npAKTt4r{HA nrTAFbA
Apyra cpeAcrBa.
70
320
l l0
IyasHr
3en.muurre u o6jer,cu
llocrpojema
t,t orpeMa
500
(70)
G)
(t2) (n)
(33)
287
98
(l ls)
385
fy6nrar
Ha 3eMr6uury
u o6jerrnua
r,r
= #x
orpeM,
=-l#*
$45rrl
$45u
= $l2u
$33r,r
NOTTABJbE 14
3a
yueUhe.
Ilailonerua: [Ipo6.rlerr.r y Aeiry (6) je peaarnBHo JraK, aan o6parure [ax]6y Ha aHzurn3y.
Pasuorpure KopaKe l,r3JroxeHe y AiubeM reKcry jep ce ucrr npurrlemyjy u ua
xoun.uercHnje rpaucaxquje.
(a)
MPLAN PUBLISHING
lt
je u4eurn$uronarre
337
Cn hTH
14
n P EAM
ET : Oh HAHC]4 JC KO
14
38 EtllTABAlbE
Cpe4crro ce AeQr,rHHrxe Kao "npaBo HnH Apyrn BHA nprcryna 6yayhurrr eKoHoMcKHM
roje xonrpolflue [peAy3ehe rao pe3ynrar rpaucarqnja rurn 4orahaja us
flpourrrocrr,r". Korrpora je cnoco6uocr lo6njarsa 6yayfu.rx eKoHoMcKHx KopHcrH
Kopr,rcrr,rMa
npeaysehe xoje uua npllcryfi KopHcrHMa o6]r.rHo rprrH r,rnu lo6rja aKo ce HcnocraBn
Aa cy re Koprrcrr.{ Apyrasflje oA orreK[BaHux. Cnoco6Hocr ocrBape[M Koplrcrr{
rarohe [oApa3yMeBa r{3rroxeHocr pr,r3r,rr.(r,rMa. ,{orasu o roMe la nr jeAno nperysehe
r.rMa Kopr,rcrr,r (u rnr*re HMa cpeAcrBo) cy ogpefeHr{ rHMe Aa .rru je r,r3noxeHo
pH3HuHMa cnojcrneHuu rr,IM Kopucrr,rMa.
Cpeacrno ruu o6anery rpe6a npneHarlr aKo nocroje AoBoJbHn AoKa3[ o H,r,rxoBoM
nocrojarsy. fiorasu o nocrojaruy cpeAcrBa ]uu o6asese uory o6yxnararr,r AoKa3e o
roMe Aa he y 6ygyhHocru Aohn Ao rrprrnuBa rrJrr,r oAnr,rBa.
Y clyvajenm'ra
KaAa ce
rpancaxqnjolr flpeHecy
npam Ha
IGsyruo nuralr,e je
la m npeapehe A uua
Kopncrr,r v Aa rrv
je ns.noxeHo
y cnojr,t'r
QnHaHcrajcxr,r
.
.
.
.qa rIpH3Ha
rs neruraju ua.
.
.
.
338
pH3HK og
ry6nrra oa npoAaje
KAPI.AN PUBLISHING
Ilperysehe.{, ne uoxe
la
pusrr).
nr'la Kopncr]r v \a je
H IIPE
6rru
6nrn ncmaheH
norflABIbE
15
o6yxnaheHa
npeAcraBJba usnoc
SnnaHcujcxu rpotxKoBu.
rojr
he
NPAKTT4LIHO NilTAI-bE
flpe,qysete "Jones"
(a)
Il0nuc
"Jones"
onryda A
flpnuapHu neprroA oBor Jru3nrrra je qeo oex rpajama "Vinnie". Onaj ausuHr ce crora Mopa
o6pavyuaru rao $uHaHcnjcKx JrH3HHr, norrrro cy pr,r3r,ruu H Kopr,Icu,r oA BnacHHrlrBa y
noTnyHocTl,r apeun
Ha KopHcH
I,r
Ka
JIr,t3I,I H ra.
'
Eunaxc crarua
O6auere xoje
gocnenajy
y porcy od
uocte
(II)
rl.loo
^;.:^
Cmrrua cpeAcrBa
Jrr.r3r4HroM:
Ha6anHa BpeAHocr
Ar',roprnsarlujt
600.000
t*@l
75.000
Ennaic ycnexa
Arrloprnsaqrja nocrpojena xoje ce Ap)ror rroA $nHaucujcxraM JIH3HHToM 75.000
MPLAN PUBLISHING
62.720
339
nCnnTHn
n P EgM
ET : ol4 HAHC
t4JC
KO
14
38 EtllTABAtbE
IIoctuydtqu
Ta6ena nH3HHra
y$
20x7.
20x8.
y$
y$
y$
y$
552.720
499,388
3a n[gunre xog xojux ce roAiltulba nnahana Bpue yHanpeA, KparKopoqHa o6aaesaje nyH u3Hoc
o6aeese cne4eher nnahama, a AyropoqHa o6aeesa je ocrarax KanilTana Ha xpajy roAuHe,
Omuda B
YronopHo rpajarse Jru3r,rHra je cauo 3a rronoBuHy nexa rpajama "Vinnie-ja" n uala je
ueponarHoha 4a he "Jones" rsrpul,rrl,r onqr.rjy sa qerlrpu roAr,rHe, florrrro je ueHa onqnje
ogpefeHa no Qep BpeAHocrH, a He tro AHcKoHry. Taro pusuqlr ],r Kop]rcrr oA MacHr,lrrrBa
Hr,rcy npeunlt Ha KopncHlrKa Jrr,r3tlHra H "Jones" rpe6a aa o6pavyua onaj ausuHr xao
NOCJIOBHH JIH3HHT.
y$
I,Isuajursunarre nocrpojeu,a
fi
onpeMe
150.000
Hailotueru: norxro ce n.nahama JrH3HHra Bprre yHanpeA, HeMa o6asese xojy rpe6a
rrpr,r3Harr,r
(6)
y 6ulaHcy crarba.
llpe,qysefie e
(a)
Meruopax4yrvr
Ilputno:
llottrohH
Aane:
Pavyuonofa
Ilpefuteii:
Jlngnrr n roe$uqr.rjenr
pa.rynonofi e
3argDKeHocru
,[a@n:22.
tDuuaucujcru
340
KAPLAN PUBLISHING
TilnA
Ilpeua IAS l7
IAS 17 ce
HaBoAH Aa Jrr,r3HHr
JII,I3HHT
aKo ce
uoXe jacHo
(6)
Ennaic crarra
roguxe (useogu)
y$
Crarsa cpeAcrBa : uocrpojerta
1.600.000
ta onpeMa
KparxopovHe o6asege
O6anese tto ocIIoBy SIaHaHcujcror
JII,I3HHTa
368.692
fiyropo.rHe o6asese
O6anege no ocIIoBy QI,rHaHcujcrot JIH3HHra
1.289.776
Hanorueue
ro.Uute
y$
[o6nr
400.000
Tporuxonu SnHaucuparra
tDuHaHcujcrur
Hanorueue ys 6ulauc
Crarna
rusunr ([I)
149.468
cralta (usnoru)
y$
cpeAcrBa
Ilocrpojerm
onpeMa
2.000.000
2.000.000
noa $rnrancnjcKl,IM
JII,I3I,I
roptse
400.000
5)
400.000
([I)
368.692
1.289,776
1.6s8.468
KAPLAN PUBLISHING
341
llocwyutlu
Ta6ela
Jrrr3nrrra
Iloqeluuu
cano
(Duuaucujcrcu
Oiiiltaulo
Caailo
y$
y$
*';;;"':,*
Iiepuod od
Eom Zoduue
Y$
- 30. jyrrr
20X5. roAusa - 31. reu.
20X6. rornua - 30. jyHu
20X6. roqxua - 31. aeu.
20X5. roruua
Tpourxorr @nHaucupana
2.000.000
1.832.500
1.658.468
1.477.648
Y$
78.000
71.468
64.680
57.628
(245.500)
1.832.500
(245.500)
1.658.468
(245.500) 1.477.648
(245.500)
t.289.776
71.46g).
nornABJbE
16
368.692).
IIpegysefi e "Earnit'plc"
(a)
$1#
0,648$
0,615$
Paspefieua:
$34r'l
552.5u
lncuyutlu
GII)
Ocuosua sapaAa
Y $r'r
IlpeluuuuapHa Ao6ur
HaKoH onope3xBarca
45
(1-l)
34
([2)
l. anpul
l.
orro6ap
30. cenreu6ap
31. uapr
flafiytt
(y nuauonuna)
(y nuauouaru)
500 x 6/12
250
(500+ 50)x$/12
275
525
342
MPLAN PUBLISHING
(f[3)
y ttuJtuoHunn y ilMuoHunQ
IlosAepncaHu npocevHlr 6poj
eMr,rroBaHr,rx o6uquux axryrja
(II2)
525,0
6112)
6/12)
50,0
6W
I [0,0
1,J972,661
(82'5
27.5
552.5
(6)
IAS 33 "3apaga no
arurjn"
Be3l'l
!I rpaxeHa
(i)
Oua rrnje
HID{<Ho
Iae
npouuocnt. Ono
(ii)
je orpaHuqeHo
ws
Ha yno3operbe.
(iii)
(iv)
MPLAN PUBLISHING
343
nGnnT
HV1 n P EAM
ET : Oh HAHC
NOTTABJbEI
t4JC
KO h 3BEIUTABAFbE
TnnuqHo nr,rrarbe y KoMe e oA Bac 3axreBa Aa Aare oAroBp iurH ce }re 3axreBa
H3paqyHaBa[le roe@uqujeHara.
o
o
llocrapajre ce Aa
BaM oAroBopri
I,I3BEruTAJ
Ilparujy:
fiuperropu
Ilpedneii:
Tyuaveme
- "Wandafood Products"
IIIane: AHaruruvap - OnnauheHn pavyHonoha
flatriytt: X-X-20XX
lt
oqehr,rBarbe
s6rpuor
IIporfrra6u.uuocr
Hero go6rr Kao npoueHar npllxoAa or npoAaje n nocJroBHr,rx cpeAcraBa je ocrana penarr,rBHo
cra6ulHa roKoM lreroroAltuIlLer flepuoAa. flpoqeHar Hero Mapxe je cuameH npBr,rx roAHHa
oBor flep]roAa, atM ce KoHcraHTHo no6o.rsruasao o1,20x7. roAHHe H Aocerao BpxyHarl y 20Xg.
roAHHr,r. Pyxono4crno rpe6a aa rroKyrxa ga orxpnje pa3,ror oBr.tx [poMeHa, Ha flpr,rMep,
yrrrreAe Ha rreHH lInH nosehaHa npoAajne ueHe H 4a Hacroju
Aa ra oApxH. Mehyruna, reryfur
unno npo$rra6unocr 3axreBa najenuru penaflIBHlr r{r,tBo Hero [ocJroBHHx cpeAcraBa
(npnuoc Ha rbr,rx onaga). Pyroro4crno rpe6a oxpa6puBaru Aa Ha uaj6ornr Haqr,rH Kopr,rcrg
pacroJroxuBa cpeAcrBa, aau uoryhe je, ga je suavajaH ltaA y nepnoAy usr,refiy 20X9. u 20X9.
roAr.rHe
pBymar crHrralba
HoBHx cpeAcrana
Iloxpnhe
pacT KarII{TaIIa.
MPLAN PUBLISHING
rreuha y
oKBHpy rpyne
je crora
Koe{ru+ienrs
cpeAcraBa
Koeor.rurjenr o6pra }{ero cpeAcrana noxasyje 6raru na4. Kao uro je norrreuyro pauuje,
yJrararba y crir.Jrrra cpeAcrBa, atu 6u
raxofie Morno Aa yrasyje Ha orraAalbe npo4aje. PyroooAcrno rpe6a ga ce locrapa Aa ce He
Ao3BonH Aa ctIna3llu TpeH4 "pealHux" ttltgoa HacraBH.
je lo6pa
Y segu ca HeKr.{M
MPLAN PUBLISHING
345
h Cn HTH t4 n PEAM
ET : Ol4 HAHCI4 JC KO
nornABJbE
18
1438 EIIJTABAI-bE
NPAKTI4LIHO N]4TAI.bE
l-lpegysefie "Solid"
l4oaeuraj o roKoBuua roroBr4He 3a roAlrHy xoja ce 3aBpunna 31. geqeu6pa 20X8.
y$
y$
66.500
Kopuronama sa:
19.000
1.000
(450)
KaMara
sajua
Ilrahena
6.400
2.000
llper'.rnja Ha orxyn
[o6ur
Ka[I,Irany
37.000)
llopacr norpalc,rBalba (44.000 - 42.800)
Ilopacr AyroBaH,a (53.000 - (36.500 - 440))
llopacr 3arrlrxa (51.000 -
lorosuua teHepllcaHa
94.450
(14.000)
(1.200)
16940
H3 nocJloBalla
96.190
(6.840)
(13.000)
aKTIIBIIocTII
(II2)
Ilpuxolu ol npotaje nocrpojerra u onperue (II5)
Kynonrne
(69.000)
4.000
(4.600)
[IpnureHa
450
KaMara
(6e. l s0)
aKTI,tBHocrH
IorosuHa
70.000
(42.000)
(r0.000)
AHBHAeHAe
Hero roros[Ha
Hero nopacr
20.000)
18.000
roroBr,rHe H roroBHHcKI,Ix
eKBI,IBarIeHara
25.200
roAnse
I1.400
IIafroneru
31. de4er6ap
20x8.
y$
foronuua lI roroBHHcKH eKBI,IBaIeHTH
forosffHa y 6axuu
llperopaueme paqyHa y 6auqn
AHBHAeHAe
ce Mory [pI,IKa3ar]I
y$
11.400 200
- (14.000 )
1r.400
Hadoneta: HcnlaheHe
20x7.
(13.800 )
TIOCJIOBAtbA.
346
KAPLAN PUBLISHING
r1)
Ha6aBHa
y$
Crapr can4o
120.000
llosehalbe
39.000
v$
Oryfema
Ca.rlo sa reryhu flepnoA
159.000
8.000
l5l
.000
159.000
'-'----:-
(n2)
- xa6aaxa BpeAHocr
v$
v$
Crapu cargo
24.000
Oryfena
Ilosehalbe
10.000
5.000
34.000
34.000
29.000
v$
20.000
110)
Ilocrpojema H orrpeMa
39.000
I4ucranaquje H orrpeMa
10.000
6q.000
(rr3)
. y$
Oryherra
6.000
54.000
y$
Crapu caryo
45.000
O6pa.ryH 3a roAlnry
15.000
60.000
(n4)
60.000
Anltoprusaqlrja
v$
Oryfena
Canlo sa reryhu flep]roA
2.000
r5.000
v$
floveruu
ca.ngo
O6pauyH 3a rcAHHy
17.000
(ns)
4.000
17.000
v$
Ha6asnaBpAHocrnocrpojerra
Ha6asHa BpeAHocr
13.000
nrrcralaqnja
v$
8.000
Auoprnsaqnja nocrpojerua
6.000
5.000
Auoprusaqraja nucranaquja
Ioros[ucKu nprxoA:
2.000
Ilocrpojena
HHcranaquje
Iy6urax ol npotaje
13.000
3.000
1.000
1.000
I3.000
(116) Ilopes
Jegumw H3Hoc [oBe3aH ca [ope3ou sa roju cy notpe6Ha u3paqyHaBa]ba sa usneurraj o
roKoBHMa roroBHHe je yrqmaH nopes nlaheu y o6pa.ryHcKoM aeplroAy.
MPLAN PUBLISHING
347
v$
v$
I4crurahena ruroBl,rHa
13.000
18.000
10.000
IloqerHu ca.n.qo
O4roxeuu nopes
I L000
8.000
llope:u ua Ao6umx
EunaHc ycnexa
O4loxenu nopes
llopesr
9.500
Ha Ao6nrar
12.500
41.000
41.000
6ltlauc ycflexa Ao
oBe uuQpe:
Ernaxc ycnexa
y$
v$
[o6ur
66.500
fipe oflope3r.rBarba
Onopesunane
- [o nnrarby
llopes Ha Ao6rrax
O4roxeun nopes
12.500
9.500
(22.000)
.(o6ur
44.500
3a roAr,rHy
21.500
.(o6111 3a roAHHy
214.500
Hcnraheue
(10.000)
AuBr,rAeHAe
56.000
nocJroBarba roroBr,rHoM
(n (iii))
(786)
(67)
(s2)
?38
61g
(800)
(s38)
9
(t.329)
3a IIIIBecrIIIlIIotle aKTIIBIIocTII
$000
3.170
(1.646)
348
$000
140
950
(330)
KAPI.AN PUBLISHING
Hffo
760
(22
er{BHBaJrenara
28)
50
(i)
Ilpuuarra oA Kynaua:
llpnxog oa npolaje
3.536
llpnlrame
(ii)
194)
(66)
6aprep rpaucaxryrja
(300)
roroBr,rHe
3.170
IfuahamaAo6aslba,rrMa:
Vrpouteuu uarepnja.rr
1.079
628)
130
(300)
llilaharsa
234)
l9
l0)
(40)
3attocJreHr,rMa:
Tpourronn pa4a
758
1.646
(iii)
rrocJroBalba:
453
llpogaja n gr,rcrpn6yqnja
221
AgMr,rHr,rcrpaqfija
252
(220)
1.055)
80
AaBa]ba
Hcnnahena toroBHHa
(iv)
lhaheua
786
KaMara:
O6anese 3a KaMary
85
(18)
67
(v)
$l
Onopesunane
HcnnaheHa roroBnHa
KAPLAN PUBLISHING
204)
- l4l)
2t0
(l l l)
(47)
52
349
Cn
ITH
14 n P
TI
JC KO N 38 EIIJTABAI-bE
(vi)
HHsecrHuHoHe,aKrHBHocrH
- reryha
BpeAHocr - crapa
3.368
Ha6asHa BpeAHocr
Ha6asHa
(2.640)
Iloseharra 3a roroBI,IHy
Yuameua 3a
728
ApxaBHa AaBarba
220)
Auopnasonau roKoM roALIHe
Crapn carso (75 + 160)
CarAo sa reryhN neplroA (125
(345)
(80)
235
(190)
I
y roroBlrHr,I npI{MJbeHa o.q, "Tilzaca" H3Hoctt $9.000 urro je cauoll/o
Ar,rBHAeHAe ncruaheue y r'refynepuoay. Yuanpea o6pavyHara u o4o6peHa, aln Henlahena
KoHaqHa Ar.rBHAeHAa roja ce norpaxyje Huje ror toroBuHe.
AHsHAerrAa
(vii)
AxrusHocrn@nuaHcuparu
BracHu.rre arqr,rje
llopacr Kanr,Irarla o6ltquux aqnja
(r.r00
- 1.000)
100
- 100)
llpr.runeua
roroBHHa
80
- l0) I
140
5Vo)
950
I
I
350
KAPI.AN PUBLISHING
d'O'?:
lAnpeKc
ur,o?'.t*
A
Arquje y euwclzju,26
Axrydcru rannral, l14
.{ocle4xocr npesenraquje,
Ar'ropflrsaquja, 209
.{yropovna QuHancujcra
cra1wtwocr,273
[pxaaua nouoh,
Auoprr,rsaquja, 225
213,216 't''
rpenla, 288
Arfl{sHocm $uHancuparca, 293
Erponcxa yuuja, 12
ExoHor'lcra upegHocr, 26
AHarrlrsa
188
Er'rucr,tje 6ecrurarrryu
EMLrrosaH[ arqujcrur
Er',rucuje
awuja, 265
3a KarrHriuu3 a\ujy, 261
xanuml,
193
Baupe4ne cranre, 37
18
uHnepecau,42,89,
Xupo parynr.r,
IAS 32,
ilpeseniiia4uja, 198
IAS 33, 3apada ilo orc4uju,259
IAS 36,
odaoese
Belnxe uln
3anrcHo npe4ysehe, 4l
3aje4uuvror KoHrpoJrr,rcaHa
nocroBarta, 90
BracHlr.{Kfi ronqenr,
100
3aje4rur
BpeAHocr rylvnra,26
Bpeanocr sa npe4ysehe, 26
146
vru
npaBHa
r
fapauunje,
53
epeiluocilru
u iioilieuqujuna
uJitoouua, 145,283
Ytnrww
108
{Dunaucuicrcu uuciiipyneuuru :
atoouue,220
*ff#, 37Qw
KoHrponucaH a
llqa,
90
uptauaoatu u nepew,20l
IAS 40, Ifircecluur4toue uercpeiuuuue, 226
HgeHuQr,rxaqr,rja QuHancrajcrctx
usneunaja,
112
3ajegHnuxr,r KolrrponucaHa
cpe4crna, 90
3ajegHuvrur noAyxrar, 89
3aroncxa o6auesa, 147
3wm;l<e,167
3opuau
no ao6jta,263
u pacxo4uua, I17
3apaga,
Hsneruraju o npoMeHaMa
Kafl]rrafly, ll7, 128
HsrasHa ope4uocr, 26
Ipyne ropucHuxa, [5
Ipyne, 4l
fpynncame, 2
fy6ur1n, 20
Iylsrn
l
IAS
creqeH y noclooHoj
xou6uHaquju, 43
fyasun,
213
p6wr,260
Ilpeseu0iaquja fiuuancujcrcux
usoeuutaja, l, 111, l12
lAS2, 3anae,163
lAS7, I,Iseeufuaju o utorcooutua
ll8
fiaaat+a,213
[nnrgeH4e o4
[o6ur
76
yHyrap rp1,ne, 56
196
MPLAN PUBLISHING
.(o6uur,r, 20
fiorafiajn rocne AaryMa
nocrynax, I I
$nHaucujcxnx
106
HH4uperrnu uerog,294
Aasanaq tuzuura,245
usneuraja,
l,
Zonioeuue,289
Ha
Ilouosue
IFRS
5,
IFRS
7,
ta uduua4uje,
42,
lM
odeaodawsatu,203
Kanu-ra.n,
l8
Mana nperyseha,
npuuqunu, l3
l3l
Opxarame SuuaHcujcxor
Kanura.n, 21,193
Mamar rororuue,
80
KsarnTarr.rsHe KapaKrepncruKe
MarepujarHocr (sHavajuocr), 2,
16
QnuaHcnjucax usseuraja,
K.[acH.rHH cucreu,
IGry*ua aorahaj,
rcantrrwru,2l,29
Mailr.rHo npeaysehe, 4l
Mehyrounauujcro nocloname, 80, 88
I3
l4l
190
Koe$rqujern sa4p<euocru,
301
278
OcHosuH nocrynar, I I
Ocroapuna npeAHocr, 2l
Orqm norBpAa o sajr'ly, 198
Orryn[se aKquje,
197
MehyHapo4uu paqynoBoAcrBeHr.r
craugapAu, I
Me[ynapo4Hr,r craHAapAr,r
QuHaHcr,rjcror usneurmnarsa, I
Merol o6anese, 159
Merol og.narama, I59
Merol npupoAe pacxoga, l15
rurcr;uywocru,277
Konncuja sa xaprnje o4 rpe4Hocm, I I
Kounrer
Muruuamror
sa r*,re[yHapo4He
paqyHoBoAcTneHe crau4ap4e, 9
Kouurer
3a
craHgapAa QuHaucrjcxor
nsneunaaaru, I I
Kounonenre Quuauo.rjcrux
usneuraja, 112
193
4l
KoncoluAosann Snuaucujcrut
ilsneurrajr,r, 99
KoHrpona,105
KoHrpormcaurax npe4yseha roja
ruwcy
satucua,237
[ocronama,
KoHqenryalHn oronp, l3
Koperrunuu 4orafajn, 140
Kopucurr rutwura,245
crir.JlHocrr,I
cra6utttocr,276
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