Section 4 refers to the liability of the balance sheet and contains numerical indicators characterizing the long-term (over 12 months) liabilities of the organization, namely: Borrowed funds. Deferred tax liabilities... Estimated liabilities. Other liabilities.

Borrowed funds (line 1410)- indicates the amount of the organization's borrowed funds (loans and borrowings, including promissory notes and bonds), attracted on a long-term basis, at the end of the reporting period, reflected on account 67 "Settlements for long-term loans and loans. "

In accordance with clause 2 of PBU 15/2008 "Accounting for expenses on loans and borrowings", the principal amount of the obligation on the received loan (credit) is reflected in the accounting by the borrowing organization as accounts payable in accordance with the terms of the loan agreement (credit agreement) in the amount specified in the contract.

In accordance with Art. 807 part 2 Civil Code, the loan agreement is considered concluded from the moment the money or other things are transferred.

Thus, in accordance with the current legislation, only the loan amounts that were actually received by the borrower should be reflected in the accounts payable.

The situation is different with borrowed funds in the form of loans.

In accordance with Art. 819 part 2 of the Civil Code, according to credit agreement the bank (creditor) undertakes to provide cash(credit) to the borrower in the amount and on the terms, stipulated by the agreement... Unless otherwise provided in the contract, then in accordance with Art. 821 of the Civil Code of the Russian Federation, the lender has the right to refuse to provide a loan in only two cases.

1. If there are circumstances that clearly indicate that the amount provided to the borrower will not be returned on time. In case of occurrence litigation, the creditor must confirm the validity of the refusal.

2. In case of not targeted use loan by the borrower, if, in accordance with the agreement, such an obligation is assigned to him.

The borrower has no right to compel the lender to fulfill his obligation to issue a loan. However, if the lender's refusal is not justified, the borrower can claim compensation for losses associated with the lender's breach of his obligation.

If the agreement specifies the conditions under which the bank has the right not to provide a loan, then the occurrence of these conditions will be a sufficient reason for refusing to provide funds.

Thus, in accordance with the provisions of the Civil Code, the reporting should reflect the amount of the obligation in the following amounts:

Upon receipt of a loan, in the amount of actually received funds.

Upon receipt of a loan, in the amount specified in the contract, paying Special attention the terms of the loan agreement.

The same approach is recommended for disclosure in explanatory note to the annual financial statements of information on the amounts of loans (credits) not received in comparison with the terms of loan (credit) agreements in accordance with clause 18 of PBU 15/2008:

In case of “shortage” of funds under the loan agreement, do not indicate anything in the explanatory note, since in accordance with the Civil Code of the Russian Federation, the lender is not the debtor of the borrower under the loan agreement.

In case of “shortage” of the loan, indicate in the explanatory note the amount of the “shortfall” amount in comparison with the amount specified in the agreement, paying special attention to the terms of the loan agreement.

In accordance with clause 73 of PBU on maintaining accounting, the debt on loans and credits received is shown taking into account the interest payable at the end of the reporting period.

The amounts owed on interest on long-term borrowed liabilities, which, according to the terms of the agreement, are payable within a period not exceeding 12 months, are reflected in the composition of short-term borrowed funds. The amounts owed on interest, the maturity of which exceeds 12 months, are reflected in the composition of long-term borrowed funds.

By line 1410 reflects information on the status of long-term (for a period of more than 12 months) loans and borrowings received by the organization: Credit balance on account 67 "Settlements for long-term loans and borrowings"

Deferred tax liabilities (line 1420)- the amount of deferred tax liabilities (DTL) at the end of the reporting period is indicated.

When taxable temporary differences arise, a deferred tax liability (hereinafter - IT) arises. This is the amount of deferred tax that will increase the amount of income tax “payable” in the future.

In accordance with clause 8 of PBU 18/02 "Accounting for calculations of corporate income tax", temporary differences mean income and expenses that form accounting profit (loss) in one reporting period, a tax base for income tax - in another or in other reporting periods.

According to clause 15 of PBU 18/02, ITs are reflected in accounting taking into account all taxable differences and are recognized in the reporting period in which these taxable temporary differences arise.

The increase in IT in the reporting period occurs with an increase in taxable temporary differences. Accordingly, a decrease in ITT occurs with a decrease or full repayment of taxable temporary differences.

IT = taxable temporary difference * income tax rate.

IT is reflected in accounting on account 77 "Deferred tax liabilities" by type of liabilities. Accounting entries:

If IT occurs - Dt 68.4.2 "Calculations for income tax" CT 77 "Deferred tax liabilities";

With a decrease in IT - Dt 77 "Deferred tax liabilities" CT 68.4.2 "Calculations for income tax".

If Tax Code there are different income tax rates for certain types of income, then when assessing IT, the income tax rate should correspond to the type of income that leads to a decrease or full repayment taxable temporary difference in the following reporting or subsequent reporting periods (clause 15 PBU 18/02).

Upon disposal of an asset or a liability for which ITC was accrued, the amount of ITC is written off to the profit and loss account, which will not increase taxable profit in accordance with the Tax Code of the Russian Federation.

By line 1420 information on deferred tax liabilities is reflected: Credit balance on account 77 "Deferred tax liabilities"

Credit balance on account 77 "Deferred tax liabilities" minus Debit balance on account 09 "Deferred tax assets

Estimated liabilities (line 1430)- the amount of long-term estimated liabilities at the end of the reporting period, recorded on account 96 "Reserves for future expenses".

In accordance with clause 5 of PBU 8/2010, the estimated liability is recognized in accounting if several conditions are met simultaneously.

The first condition is inevitability. The organization has a responsibility arising from past events in its economic activity, the execution of which cannot be avoided (clause 5 of PBU 8/2010).

The second condition is that the consumption is probable. A decrease in the economic benefits of the organization necessary for the fulfillment of the estimated obligation is likely (clause 5 of PBU 8/2010).

Condition three - the amount of possible expense can be reasonably estimated. The amount of the estimated liability can be reasonably estimated (paragraph 5 of PBU 8/2010).

In accordance with clause 2 of PBU 8/2010, the provision does not apply to:

a) contracts for which, as of the reporting date, at least one party to the contract has not fully fulfilled its obligations, with the exception of contracts, the inevitable expenses for the execution of which exceed the proceeds expected from their execution (hereinafter referred to as deliberately unprofitable contracts). The contract is not knowingly unprofitable, the execution of which can be terminated by the organization in unilaterally without significant sanctions;

b) reserve capital, reserves formed from retained earnings organizations;

c) estimated reserves;

d) amounts that affect the amount of corporate income tax payable in the next reporting period or in subsequent reporting periods, accounted for in accordance with PBU 18/02 "Accounting for calculations of corporate income tax".

In addition to the estimated liabilities for this moment include forthcoming payments of vacation and insurance premiums from them.

The chosen method for assessing and calculating all recognized estimated liabilities, the composition and form of calculations confirming the amount of the estimated liability, must be fixed in accounting policy organizations.

By line 1430 the amount of estimated liabilities is reflected, the expected maturity of which exceeds 12 months: Credit balance on account 96 "Provisions for future expenses"

Other liabilities (line 1450)- indicates the amount of other long-term liabilities of the organization at the end of the reporting period, which were not included in the previous lines of section 4 of the balance sheet.

Indicators on individual assets should be presented separately in the financial statements if they are material and if, without knowledge of them by interested users, it is impossible to assess the financial position of the organization or the financial results of its activities (clause 11 of PBU 4/99).

By line 1450 reflects other liabilities of the organization, the maturity of which exceeds 12 months:

Credit balance on account 60 "Settlements with suppliers and contractors" a plus

Credit balance on account 62 "Settlements with buyers and customers" a plus

Credit balance on account 68 "Calculations of taxes and fees" a plus

Credit balance on account 69 "Settlements for social insurance and providing " a plus

Credit balance on account 75 "Settlements with founders" a plus

Credit balance on account 76 "Settlements with different debtors and creditors" a plus

Credit balance on account 86 " Special-purpose financing»

Total for section IV (line 1400)- indicated total amount long-term liabilities of the organization at the end of the reporting period.

Line 1400 = line 1410 + line 1420 + line 1440 + line 1450.

The line "Borrowed funds" reflects the balance of loans and credits that the organization received for a period of more than a year. The data for this line is taken from account 67 "Calculations on long-term loans and borrowings", i.e. here are the amounts of long-term loans and borrowings that have not been repaid at the end of the reporting period. In accounting, and, consequently, in the balance sheet, the debt on loans and borrowings received is reflected taking into account the interest payable.

V in this case one should be guided by PBU 15/2008 "Accounting for expenses on loans and borrowings" (hereinafter - PBU 15/2008), which establishes the rules for the formation in accounting and disclosure of information in financial statements about the costs associated with the fulfillment of obligations on received short-term and long-term loans and loans.

The line "Deferred tax liabilities" reflects the balance on the credit of the account 77 of the same name. According to PBU 18/2002, a deferred tax liability is the negative difference between real income tax and notional tax calculated from accounting profit. Deferred tax liability is understood as the part of the deferred income tax, which should lead to an increase in this tax payable to the budget in the following reporting periods. Such a liability is the tax rate multiplied by the taxable temporary difference. In turn, the latter reflects incomes that are taken into account when forming accounting profit in the current, and taxable - in the next reporting periods, as well as expenses that are taken into account when forming accounting income in the following reporting periods, and taxable income in the current reporting period.

The line "Estimated liabilities" shows the amount of estimated liabilities with a maturity of more than one year, reflected in the account of reserves for future expenses (account 96). The procedure for recognizing and determining the amount of estimated liabilities is established by PBU 8/2010 "Estimated liabilities, contingent liabilities and contingent assets "(hereinafter - PBU 8/2010). The explanations to the balance sheet disclose information, the composition of which is established by paragraphs 24, 25, 27 and 28 of PBU 8/2010.

The line "Other long-term liabilities" shows long-term liabilities that have not been reflected in the previous lines of Sec. IV balance sheet.

short-term obligations

The line "Borrowed funds" shows the balance of loans and credits that the organization received for a period of less than a year or for one year. Data is taken from account 66 "Calculations for short-term loans and loans ", ie here are the amounts of short-term loans and borrowings that have not been repaid at the end of the reporting period. Debt is reflected including interest payable (PBU 15/2008).

On the line "Accounts payable" the total value is given:

• - the organization's outstanding debts to suppliers and contractors for received material values(work performed, services rendered), i.e. credit balances on accounts 60 and 76;
• - arrears in accrued wages, social and compensation payments, as well as on payments to employees of income on shares and other securities this organization.

Accounting for settlements with employees (both full-time and non-staff) for all types of remuneration, including bonuses, benefits and other charges, is kept on account 70 "Payments with personnel for remuneration". The credit of this account reflects the accrued amounts, and the debit reflects the amounts paid and withheld. The credit balance but account 70 is indicated on the considered line of the balance sheet;

• - the balance of debt on social insurance, accounted for in account 69 "Settlements for social insurance and security";
• - the remainder of the debt on account 68 "Calculations of taxes and fees";
• - the balance of the organization's debt for the calculations that are not mentioned above. In particular, accounts payable on advances received, debt on compulsory and voluntary insurance, deposited salary to accountable persons, debt to participants (founders) for the payment of income.

The notes to the balance sheet for accounts payable disclose:

• - movement for the reporting and previous years of the amounts of long-term and short-term accounts payable in general and for the types discussed above with a separate designation of interest, fines and other charges due to be paid;
• - overdue accounts payable in general and for its individual types as of each date indicated in the balance sheet.

The line "Deferred income" reflects the balance of the account of the same name 98. On the credit of this account, income is taken into account, for example:

• in correspondence with the debit of account 08 initial cost fixed assets received by the organization under a donation agreement (free of charge), which further during their term useful use refers to financial results other income (n. 29 Methodical instructions on accounting of fixed assets);
• the amount of budget funds for financing capital expenditures (in correspondence with the debit of account 86 "Target financing") when entering objects non-current assets into operation with their subsequent attribution during the useful life of these objects in the amount of accrued depreciation to the financial results as other income (clause 9 of PBU 13/2000 "Accounting state aid"(hereinafter - PBU 13/2000));
• the amount of budgetary funds for financing current expenses (in correspondence with the debit of account 86) at the time of acceptance of inventories for accounting, calculation of wages and other similar expenses, with their subsequent attribution to financial results as other income on vacation MPZ in the production of products, for the performance of work (provision of services), the calculation of wages and the implementation of other expenses of a similar nature (clause 9 of PBU 13/2000);
• the amount of income to be received (decrease in expenses) associated with a change estimated values the useful lives of property, plant and equipment and intangible assets, the expected receipt of future economic benefits from their use, in terms of the impact of this decrease on accounting statements future periods (paragraphs 20 and 27 of PBU 6/2001, paragraphs 27 and 30 of PBU 14/2007, as well as paragraphs 3 and 4 of PBU 21/2008);
• difference between book value missing valuables and the amount to be recovered from the guilty person; and etc.

The line "Estimated liabilities" reflects the balance of accounted for on the credit account 96 estimated liabilities, which in accordance with paragraph 5 of PBU 8/2010 are recognized in accounting, while the following conditions are met:

• a) the organization has a duty resulting from past events in its economic life, the fulfillment of which the organization cannot avoid. When an entity has doubts about the existence of such an obligation, the entity recognizes a provision if, as a result of an analysis of all the circumstances and conditions, including expert opinion, it is more likely than not that the obligation exists;
• b) the decrease in the economic benefits of the organization, necessary to fulfill the estimated obligation, is likely;
• c) the amount of the estimated liability can be reasonably estimated.

For example, here may be taken into account:

• estimated liability for future losses due to the fact that at the reporting date trial the decision with a reasonable degree of probability will be made not in favor of the organization;
• the estimated obligation for warranty service of the sold goods, if the organization under the contract bears the obligation of such service (an example of calculating the value of the obligation under consideration is given in PBU 8/2010);
• reasonably assessed liabilities in connection with the announced forthcoming restructuring of the organization's activities;
• provision, i.e. provision for foreseeable warranty costs and warranty repair an object created under a construction contract. Such a reserve is formed on the condition that the foreseen expenses can be reliably determined (clause 12 of PBU 2/2008 "Accounting for construction contracts"); and etc.
Maturities of one year and less than one year.

long term duties- these are obligations with a maturity of more than a year.

Long-term liabilities include debentures, tax deferred liabilities, organizations.

When evaluating financial condition long-term liabilities companies are usually divided into two groups:

part of long-term payables that will be repaid more than 12 months after the reporting date;

part of long-term payables that will be settled before the expiration of the next 12 months after the reporting date.

Long-term liabilities and

In the form of the Balance Sheet, approved by Order of the Ministry of Finance of Russia dated 02.07.2010 N 66n, sec. IV looks like this.

This section shows information about the long-term liabilities of the organization. Non-current liabilities are liabilities with maturity dates exceeding 12 months after the reporting date.

The procedure for the formation of indicators for the lines of section IV of the liabilities of the balance sheet

The obligations of the organization (in fact - its borrowed capital) are presented in two sections of the liability balance, depending on their maturity:

in sect. IV "Long-term liabilities" - liabilities, the maturity of which is more than 12 months after the reporting date;

in sect. V "Short-term liabilities" - liabilities, which must be repaid within the next year.

Section IV of the balance sheet consists of five lines.

This section should reflect information about the entity's liabilities that mature more than 12 months after the reporting date.

The lines in Section IV, for example, should reflect the amount of a loan or loan attracted for a long period of more than a year, the amount of deferred tax and estimated liabilities of the company, as well as the amount of other long-term liabilities.

Consider the order of filling in the indicated lines.

Line 1410 "Borrowed funds":

On line 1410, you need to reflect data on all long-term loans and borrowings received by the organization for a period of more than 12 months.

At the same time, this line reflects the amount of loans received both in cash and in kind, bank loans, the company's liabilities on issued financial bills.

To fill in line 1410, credit account 67 "Calculations for long-term loans and borrowings" is taken.

Moreover, this should be done only in that part of the debt for which the maturity period exceeds 12 months after the reporting date.

Line 1420 "Deferred tax liabilities":

Line 1420 is filled in by companies applying PBU 18/02.

To fill in line 1420, the account's credit balance is taken.

If the organization sets off deferred tax assets and deferred tax liabilities and presents them collapsed (balanced), it is necessary to fill in page 1420 only if the credit balance of account 77 "Deferred tax liabilities" is greater than the debit balance of account 09 "Deferred tax assets" (by the amount differences between them).

Line 1430 "Provisions":

Line 1430 shows the amount of reserves created in accordance with RAS 8/2010.

For example, this line should reflect the amount of the reserve for warranty repairs.

At the same time, this line should contain data only on long-term estimated liabilities with a maturity of more than 12 months.

Line 1430 reflects the credit balance of account 96 "Provisions for future expenses" (in terms of liabilities with a maturity of more than 12 months) not written off as of December 31 of the reporting year.

Line 1450 "Other liabilities":

In line 1450, information on other long-term liabilities that were not reflected in the above lines of section IV should be indicated.

So, for example, on line 1450, you can indicate data on accounts payable to suppliers and contractors with a maturity of more than 12 months.

This can be the credit balance of the following accounts:

Long-term commitments: details for the accountant

• On the period of use and qualification of assets and liabilities

  The end of the reporting period represents long-term liabilities. Consider the following situation. The organization attracted ...

• Balance sheet filling (form 0503130) for 2018: what to look for?

  Also includes the current share of long-term liabilities, that is, the part of the entity's long-term liabilities to be repaid ...

A liability is a debt of an economic entity existing at the reporting date, which is a consequence of the fait accompli of its economic activity and the calculations for which should lead to an outflow of assets. The obligation may arise by virtue of an agreement, legal norm, as well as business customs (clause 7.3 of the Concept approved by the Methodological Council on Accounting under the Ministry of Finance, Presidential Council of the IPB on December 29, 1997).

In the balance sheet of the organization, liabilities are reflected in liabilities. Moreover, with a breakdown into short-term and long-term liabilities (). We would like to remind that long-term liabilities are those for which the maturity period exceeds 12 months after the reporting date (clause 19 of PBU 4/99). What kind of liabilities are reflected in the composition of long-term in the balance sheet of the organization and how they are detailed, we will tell in our consultation.

Section IV of the balance sheet

Section IV of the balance sheet is referred to as "Long-term liabilities". It includes the following articles (Order of the Ministry of Finance dated 02.07.2010 No. 66n):

• borrowed funds(line 1410);
• deferred tax liabilities (line 1420);
• estimated liabilities (line 1430);
• other liabilities (line 1450).

How to reflect long-term liabilities in the balance sheet

To reflect the amount of long-term liabilities in the balance sheet of the organization, it is necessary to use information on the credit balances of certain accounts at the reporting date.

Here is an algorithm for calculating indicators of items of long-term liabilities in the balance sheet (Order of the Ministry of Finance dated October 31, 2000 No. 94n). Please note that, for example, "K67" means the credit balance of account 67 at the reporting date.

We remind you that VAT accrued on the received advances decreases in the balance accounts payable, with which it was calculated (letter of the Ministry of Finance dated 09.01.2013 No. 07-02-18 / 01). This means, for example, that the advance payment received on the reporting date in the amount of 118,000 rubles (including VAT 18%) will be reflected in the liability of the balance sheet in the amount of 100,000 rubles (118,000 - 118,000 * 18/118). Similarly, VAT on the advance payment is not reflected in the liability, but reduces the value accounts receivable in the asset balance.