Filling in the balance sheet (Form 1) line by line: which account balance goes on each line?

At the end of the year, the accountant has a trial balance: the balance of every account as at 31 December. The balance sheet is simply a matter of "placing" those balances on the lines of the official form. The tricky part is that several accounts go on one line, and some accounts are not added but deducted. This guide opens up every line of the form one by one: which account goes where, which formula gives each total, and, at the end, how it all looks for one small company.

The form is Appendix 1 «Balance sheet» to the Regulation approved by Order No. 181 of the Minister of Economy and Finance dated 8 October 2024. The Order entered into force on 1 January 2025. Appendix 2 to the same Order lists 13 documents that have been repealed, including Order No. 140 of the Minister of Finance dated 27 December 2002 «On approval of the financial statement forms and the rules for filling them in» (registration number 1209) and the amendments made to it in 2003–2019. So the balance sheet is now prepared on the form in Order No. 181.

If you need to see all the forms in one place, the general article in the «See also» section contains all four forms and the blank forms. This article covers only the balance sheet and the technique of filling it in.

Who submits the balance sheet, when and on which form?

Question	Answer	Basis
Who does it apply to?	Accounting entities, except budget and insurance organisations, commercial banks and non-bank credit organisations	Introductory part of the Regulation
What about consolidated statements?	The forms in the Regulation do not apply to the preparation of consolidated financial statements	Regulation, item 1
For which period?	The reporting period runs from 1 January to 31 December; the reporting date is the last calendar day of the period	Regulation, item 2
In which currency?	In soums (unless legislation provides otherwise); assets and liabilities in foreign currency are translated into soums at the Central Bank rate. On the form itself the unit of measurement is thousand soums	Regulation, item 3; heading of Appendix 1
Who signs it?	The head and the person performing the accounting and financial management functions, or the chief accountant; if the head performs these functions personally, the head also signs in place of the chief accountant	Regulation, item 4
By when?	Annual statements under NAS: no later than 1 March of the year following the reporting year	Regulation, item 7
Which statements include the balance sheet?	The annual statements under NAS: the balance sheet, the statements of financial results, of equity and of cash flows, and the notes. Micro-firms and small enterprises: the balance sheet and the statement of financial results	Regulation, items 9 and 10
What if statements are prepared under IFRS?	Such an organisation does not submit financial statements under NAS (and therefore not this balance sheet either); instead it prepares a statement of financial position	Regulation, items 11 and 12
What happens to a line with no data?	All details, lines and columns are filled in; a line (column) left blank because there is no data is crossed out	Regulation, item 13

An organisation liquidated, reorganised or merged during the year reports on the current forms for the period from the beginning of the year to that moment (Regulation, item 5). For a new organisation, the period depends on the date of registration: if it was set up before 1 October, from the 1st day of the month of registration to 31 December; if it was set up after 1 October, from the date of state registration to 31 December of the following year. This rule does not apply to a new organisation created on the basis of a liquidated or reorganised organisation (or its separate division) (Regulation, item 6).

Details at the top of the form: full name of the organisation; type of activity; legal form; e-mail address; taxpayer identification number (TIN); unit of measurement, thousand soums; date of submission (day/month/year).

Columns: ASSETS (or EQUITY AND LIABILITIES) | line code | at the beginning of the reporting period | at the end of the reporting period.

### Which accounts go into the balance sheet?

Paragraph 3 of NAS No. 21 divides accounts into types. Before filling in the balance sheet, it is enough to know this:

Permanent accounts appear in the balance sheet and have a balance at the end of the period. They are asset (A), liability (P), contra-asset (KA) and contra-liability (KP) accounts.
A contra-asset account is deducted from the balance of the related asset account and shows the net value of the asset. There are four of them in the chart of accounts: 0200 (from 0100), 0500 (from 0400), 4900 (from 4000) and sub-account 2980 within 2900.
A contra-liability account is deducted from the balance of the related liability (there is only one such account in the chart: 8600 «Treasury shares (repurchased own shares)»).
Transit accounts (9000–9900) are temporary accounts for income and expenses and have no balance at the end of the period, which is why they do not appear on the lines of the balance sheet.
Off-balance sheet accounts (assets that do not belong to the organisation but are temporarily at its disposal, contingent rights and obligations) are not included in the lines of the balance sheet.

The practical conclusion: if accounts 9000–9900 still have a balance on 31 December, find the entry that was not closed before you start on the balance sheet.

### Current or long-term: how do you draw the line?

The assets side of the balance sheet is divided into «I. Long-term assets» and «II. Current assets», and the liabilities on the other side into long-term and current parts. The main rules under NAS No. 1:

An asset is current if it is part of operating activities and is expected to be realised or consumed within one normal operating cycle, or if it is held mainly for resale or for the short term and is expected to be used within 12 months after the reporting date. All other assets are long-term (paragraph 65).
When dividing operating assets into long-term and current, the boundary is one year, unless a longer period is more appropriate for the industry or type of activity (paragraph 67).
A liability to be settled within 12 months from the reporting date is current (paragraph 73). Accounts payable and debts for wages, taxes and other operating expenses, being operating items that make up working capital, are classified as current even if they are paid more than 12 months after the reporting date (paragraph 74).
At the same time, paragraph 78 lists long-term amounts owed to suppliers and contractors among long-term liabilities, and the form has line 500 (7000) for them. Paragraph 74 is about working capital items. It is useful to justify in the accounting policy which debts are working capital items (practical tip).
A liability due within 12 months may be shown as long-term only when all three conditions of paragraph 80 are met together: the original term was longer than 12 months; the organisation intends to settle it on a long-term basis; and this intention is confirmed by a refinancing or payment rescheduling agreement concluded before the statements are approved. Such an amount is disclosed in the notes to the balance sheet (paragraphs 77 and 80).

Assets: line by line

In the table, the «Line name» column is the official name on the form, and the «Accounts» column is the codes in brackets or the formula on the form. Heading lines have no code and no figures are entered on them.

Line code	Line name (on the form)	Accounts / formula	Plain explanation
—	I. Long-term assets	—	Section heading
—	Fixed assets:	—	Heading of the three lines below
010	Initial (replacement) cost	0100, 0300	The debit balances of own fixed assets (0100) and fixed assets received under finance lease (0300) are added. Depreciation is not deducted on this line
011	Accumulated depreciation	0200	0200 is a contra-asset account: its credit balance is entered separately on this line
012	net book (carrying) value	line 010 — 011	Not taken from an account but calculated: initial cost minus depreciation
—	Intangible assets:	—	Heading of the three lines below
020	Initial cost	0400	Debit balance across all sub-accounts of account 0400 (0410–0490)
021	Accumulated amortisation	0500	0500 is a contra-asset account: its credit balance is entered separately
022	net book (carrying) value	line 020 — 021	Calculated: initial cost minus amortisation
030	Long-term investments, total, including:	line 040+050+060+070+080	Sum of the five lines below
040	securities	0610	Securities acquired for the long term. Short-term ones do not go here but on line 370 (5800)
050	Investments in subsidiaries	0620	Funds invested in subsidiaries
060	investments in associates	0630	Funds invested in associates
070	Investments in enterprises with foreign capital	0640	Investments in organisations with foreign capital participation
080	Other long-term investments	0690	Long-term investments not falling into the four types above
090	Equipment to be installed	0700	Equipment that needs installation and has not yet been put into operation (domestic, 0710; foreign, 0720)
100	Capital investments	0800	Balance across all sub-accounts of account 0800 (0810–0890): construction in progress, acquisition of fixed assets and intangible assets, formation of the main herd, capital investments in land improvement and in fixed assets received under finance lease, other capital investments
110	Long-term receivables	0910, 0920, 0930, 0940	Bills of exchange received, finance lease payments receivable, long-term debts of employees and other long-term receivables
120	Long-term deferred expenses	0950, 0960, 0990	Deferred profit tax on temporary differences, long-term deferred expenses on discounts and other long-term deferred expenses
130	Total for section I	line 012+022+030+090+100+110+120	Note: the net book value lines (012, 022) are added, not 010 and 020; lines 040–080 are not added separately either, as they are inside 030
—	II. Current assets	—	Section heading
140	Inventories, total, including:	line 150+160+170+180	Sum of the four types of inventory
150	Production inventories	1000, 1100, 1500, 1600	Materials, animals being raised and fattened, procurement and acquisition of materials, variances in the cost of materials
160	Work in progress	2000, 2100, 2300, 2700	Balances of primary production, semi-finished products of own production, auxiliary production and service operations
170	Finished goods	2800	Balance of finished goods
180	Goods for resale	2900 less 2980	2980 «Trade markup» is a contra-asset sub-account (used in retail trade and catering when goods are carried at selling prices, NAS No. 21, paragraph 152). The line shows the balance of 2900 less the markup
190	Prepaid expenses of future periods	3100	Current portion: operating lease payments made in advance, service fees paid in advance and other prepaid expenses
200	Deferred expenses	3200	Current portion: deferred profit tax on temporary differences, deferred expenses on discounts and other deferred expenses
210	Receivables, total	line 220+240+250+260+270+280+290+300+310	Line 230 is not in the formula, so calculate the total exactly by the formula
211	of which: overdue*	—	The overdue part of line 210. If there is such debt, it is broken down in the balance sheet appendix
220	Amounts owed by buyers and customers	4000 less 4900	4900 «Allowance for doubtful debts» (contra-asset) is deducted from the balance of 4000
230	Amounts owed by separate divisions	4110	The line is on the form and is filled in, but it is not included in the formula of line 210
240	Amounts owed by subsidiaries and associates	4120	Amounts receivable from subsidiaries and associates
250	Advances paid to employees	4200	Advances for wages, business trips, general business expenses and other advances issued to employees
260	Advances paid to suppliers and contractors	4300	Amounts paid in advance for goods or services not yet received
270	Advance payments of taxes and other mandatory payments to the budget	4400	Amounts of taxes paid to the budget in advance
280	Advance payments to state trust funds and for insurance	4500	Amounts paid in advance for insurance and to state trust funds
290	Founders' debt for contributions to the charter capital	4600	The part of the charter capital not yet contributed by the founders
300	Employees' debt on other transactions	4700	Employees' debts for goods sold on credit, loans issued, compensation of material damage and other debts
310	Other receivables	4800	Current amounts receivable for rent, interest, dividends, royalties, claims and others
320	Cash, total, including:	line 330+340+350+360	Sum of the four types of cash
330	Cash on hand	5000	Cash desk balance
340	Cash in the settlement account	5100	Balance of the main soum account at the bank
350	Cash in foreign currency	5200	Amount translated into soums at the Central Bank rate (Regulation, item 3)
360	Other cash and cash equivalents	5500, 5600, 5700	Cash in special bank accounts (letters of credit, cheque books, other special accounts), cash equivalents, cash in transit
370	short-term investments	5800	Short-term securities, short-term loans issued and other short-term investments
380	Other current assets	5900	Shortages and losses from damage to valuables, and other current assets
390	Total for section II	line 140+190+200+210+320+370+380	The inner «including» lines (150–180, 220–310, 330–360) are not added separately, because they are inside 140, 210 and 320
400	Total assets	line 130+390	The balance sheet total: it must equal line 780 on the equity and liabilities side

Equity and liabilities: line by line

Line code	Line name (on the form)	Accounts / formula	Plain explanation
—	I. Sources of own funds	—	Section heading
410	Charter capital	8300	Ordinary and preference shares, units and interests (8310–8330). The founders' debt for contributions is on the assets side, on line 290 (4600)
420	Additional capital	8400	Share premium and exchange differences arising on the formation of the charter capital
430	Reserve capital	8500	Adjustments from the revaluation of long-term assets, reserve capital (fund) and property received free of charge
440	Treasury shares	8600	A contra-liability account. In the formula of line 480 it carries a minus sign
450	Retained earnings (uncovered loss)	8700	Profit accumulated in the reporting period and previous years. A loss reduces equity
460	Targeted receipts	8800	Grants, subsidies, membership fees, tax benefits used for designated purposes and other targeted receipts
470	Provisions for future expenses and payments	8900	Balance of provisions for future expenses and payments
480	Total for section I	line 410+420+430-440+450+460+470	Only 440 is deducted, the rest are added
—	II. Liabilities	—	Section heading
490	Long-term liabilities, total	line 500+520+530+540+550+560+570+580+590	Line 510 is not in the formula
491	including: long-term payables	line 500+520+540+560+590	Only the payables within 490: deferred income (530), other deferred liabilities (550), loans (570) and borrowings (580) are not included here
500	Long-term amounts owed to suppliers and contractors	7000	Debt to suppliers due in more than 12 months
510	Long-term amounts owed to separate divisions	7110	Filled in, but not included in the formula of line 490
520	Long-term amounts owed to subsidiaries and associates	7120	Long-term debt to subsidiaries and associates
530	Long-term deferred income	7210, 7220, 7230	Long-term deferred income in the form of discounts, premiums (markups) and other
540	Long-term deferred liabilities for taxes and other mandatory payments	7240	Long-term deferred liabilities for taxes and levies
550	Other long-term deferred liabilities	7250, 7290	Long-term deferred profit tax liabilities on temporary differences and others
560	Advances received from buyers and customers	7300	The long-term portion of advances received. The current portion goes on line 670 (6300)
570	Long-term bank loans	7810	The part of a bank loan repayable after 12 months
580	Long-term borrowings	7820, 7830, 7840	Long-term borrowings, long-term bonds and bills of exchange payable
590	Other long-term payables	7900	Finance lease payable and other long-term debts to creditors
600	Current liabilities, total	line 610+630+640+650+660+670+680+690+700+710+720+730+740+750+760	Line 620 is not in the formula
601	including current payables	line 610+630+650+670+680+690+700+710+720+760	The payables within 600: 640, 660, 730, 740 and 750 are not included here
602	of which: overdue current payables*	—	The overdue part of 601; if there is any, it is broken down in the balance sheet appendix
610	Amounts owed to suppliers and contractors	6000	Amounts not yet paid for goods, works and services received
620	Amounts owed to separate divisions	6110	Filled in, but not included in the formula of line 600
630	Amounts owed to subsidiaries and associates	6120	Current debt to subsidiaries and associates
640	Deferred income	6210, 6220, 6230	Deferred income in the form of discounts, premiums (markups) and other (current)
650	Deferred liabilities for taxes and other mandatory payments	6240	Deferred liabilities for taxes and levies (current)
660	Other deferred liabilities	6250, 6290	Deferred profit tax liabilities on temporary differences and others (current)
670	Advances received	6300	Current portion of advances received from buyers, share subscribers and others
680	Amounts owed to the budget	6400	Taxes accrued but not yet paid
690	Amounts owed for insurance	6510	Debt on insurance payments
700	Amounts owed to state trust funds	6520	Debt on payments to state trust funds
710	Amounts owed to founders	6600	Dividends payable, debt to withdrawing founders for their interests, founders' contributions to increase the charter capital
720	Wages and salaries payable	6700	Wages accrued but not paid, deposited wages
730	Short-term bank loans	6810	Bank loans to be repaid within 12 months
740	Short-term borrowings	6820, 6830, 6840	Short-term borrowings, bonds and bills of exchange payable
750	Current portion of long-term liabilities	6950	The current portion of long-term debt obligations that must be paid within 12 months (NAS No. 21, paragraph 302)
760	Other payables	6900 except 6950	6950 is excluded from the balance of 6900, because it stands separately on line 750
770	Total for section II	line 490+600	Sum of long-term and current liabilities
780	Total equity and liabilities	line 480+770	Must equal line 400

The note below the form: «Where overdue receivables and payables exist, their breakdown is given in accordance with the appendix to the balance sheet». The asterisks on lines 211 and 602 refer to it.

How are the total lines calculated?

Some lines of the balance sheet are not taken directly from an account but come only from a formula. Here they all are, with the formulas from the form:

Line	What it is	Formula (on the form)
012	Net book value of fixed assets	010 − 011
022	Net book value of intangible assets	020 − 021
030	Long-term investments, total	040 + 050 + 060 + 070 + 080
130	Total for section I (long-term assets)	012 + 022 + 030 + 090 + 100 + 110 + 120
140	Inventories, total	150 + 160 + 170 + 180
210	Receivables, total	220 + 240 + 250 + 260 + 270 + 280 + 290 + 300 + 310
320	Cash, total	330 + 340 + 350 + 360
390	Total for section II (current assets)	140 + 190 + 200 + 210 + 320 + 370 + 380
400	Total assets	130 + 390
480	Total for section I (sources of own funds)	410 + 420 + 430 − 440 + 450 + 460 + 470
490	Long-term liabilities, total	500 + 520 + 530 + 540 + 550 + 560 + 570 + 580 + 590
491	including long-term payables	500 + 520 + 540 + 560 + 590
600	Current liabilities, total	610 + 630 + 640 + 650 + 660 + 670 + 680 + 690 + 700 + 710 + 720 + 730 + 740 + 750 + 760
601	including current payables	610 + 630 + 650 + 670 + 680 + 690 + 700 + 710 + 720 + 760
770	Total for section II (liabilities)	490 + 600
780	Total equity and liabilities	480 + 770

It is useful to see in one place where and how the five contra accounts are deducted on the form:

Contra account	Type	Where it is deducted	How
0200 Depreciation of fixed assets	KA	Shown separately on line 011	012 = 010 − 011
0500 Amortization of intangible assets	KA	Shown separately on line 021	022 = 020 − 021
2980 Trade markup	KA	No separate line	Line 180 shows «2900 less 2980»
4900 Allowance for doubtful debts	KA	No separate line	Line 220 shows «4000 less 4900»
8600 Treasury shares (repurchased own shares)	KP	Shown separately on line 440	«− 440» in the formula of line 480

Paragraph 44 of NAS No. 1 gives an example about the allowance (there it is called an «allowance for bad debts»): even though receivables are shown in the balance sheet net of the allowance, the explanatory note shows both the amount of receivables and the amount of the allowance separately.

Example: the balance sheet of a small company

*The example was compiled by the author; the company and figures are hypothetical.* «Charxpalak Mebel» LLC is a small workshop that makes kitchen furniture to order and sells ready-made fittings. Below are its account balances as at 31 December 2025 (in thousand soums). The workshop sells ready-made fittings in its own retail shop and carries goods at selling prices, so the markup is kept in 2980 (NAS No. 21, paragraph 152). The workshop bought a cutting machine from a supplier on instalment terms: the part of the debt payable more than 12 months after the reporting date (12 000) remains in 7000, while the part payable in the next 12 months has been transferred to 6000 and sits within the 88 000 (NAS No. 21, paragraph 315: the current portion of a long-term debt to a supplier is transferred from 7010 to 6010). This debt relates to the purchase of a fixed asset and is not a working capital item, so its long-term part is shown on line 500 (NAS No. 1, paragraph 78; the difference from paragraph 74 is explained above). There are no overdue receivables or payables.

### Step 1: account balances

Account	Name	Debit balance	Credit balance
0100	Fixed assets	480 000
0200	Depreciation of fixed assets (KA)		130 000
0400	Intangible assets	36 000
0500	Amortization of intangible assets (KA)		12 000
0800	Capital investments	25 000
1000	Materials	64 000
2000	Primary production	18 000
2800	Finished goods	52 000
2900	Goods for resale (sub-accounts other than 2980)	30 000
2980	Trade markup (KA)		6 000
3100	Prepaid expenses – current portion	4 800
4000	Current receivables	95 000
4900	Allowance for doubtful debts (KA)		7 000
4200	Advances issued to employees	1 200
4300	Advances paid to suppliers and contractors	14 000
4400	Advance payments to the budget	3 000
4800	Other current receivables	2 500
5000	Cash on hand	1 800
5100	Cash in the settlement account	76 700
5200	Cash in foreign currency accounts	20 000
8300	Charter capital		300 000
8500	Reserve capital		20 000
8700	Retained earnings (uncovered loss)		125 500
6000	Current liabilities to suppliers and contractors		88 000
6300	Advances received – current portion		15 000
6400	Payables to the budget		21 000
6700	Payroll settlements with employees		26 000
6810	Short-term bank loans		40 000
6950	Long-term liabilities – current portion		30 000
6920	Accrued interest		1 500
7810	Long-term bank loans		90 000
7000	Long-term payables to suppliers and contractors		12 000
	Total	924 000	924 000

The debit and credit totals are equal, so the trial balance has been closed correctly and the balances can now be placed on the lines. Note that the bank loan has been split in two. The 30 000 part of the loan repayable in the next 12 months has been transferred to 6950, and the remaining 90 000 stays in 7810 (NAS No. 1, paragraph 73; NAS No. 21, paragraph 302).

### Step 2: the completed balance sheet (at the end of the reporting period)

Line	Indicator	Calculation	Amount
010	FA initial cost	0100	480 000
011	Accumulated depreciation	0200	130 000
012	FA net book value	480 000 − 130 000	350 000
020	IA initial cost	0400	36 000
021	Accumulated amortisation	0500	12 000
022	IA net book value	36 000 − 12 000	24 000
100	Capital investments	0800	25 000
130	Total for section I	350 000 + 24 000 + 25 000	399 000
150	Production inventories	1000	64 000
160	Work in progress	2000	18 000
170	Finished goods	2800	52 000
180	Goods for resale	30 000 − 6 000	24 000
140	Inventories, total	64 000 + 18 000 + 52 000 + 24 000	158 000
190	Prepaid expenses of future periods	3100	4 800
220	Amounts owed by buyers and customers	95 000 − 7 000	88 000
250	Advances paid to employees	4200	1 200
260	Advances paid	4300	14 000
270	Advance payments to the budget	4400	3 000
310	Other receivables	4800	2 500
210	Receivables, total	88 000 + 1 200 + 14 000 + 3 000 + 2 500	108 700
330	Cash on hand	5000	1 800
340	Settlement account	5100	76 700
350	Foreign currency	5200	20 000
320	Cash, total	1 800 + 76 700 + 20 000	98 500
390	Total for section II	158 000 + 4 800 + 108 700 + 98 500	370 000
400	Total assets	399 000 + 370 000	769 000
410	Charter capital	8300	300 000
430	Reserve capital	8500	20 000
450	Retained earnings	8700	125 500
480	Total for section I	300 000 + 20 000 + 125 500	445 500
500	Long-term amounts owed to suppliers	7000	12 000
570	Long-term bank loans	7810	90 000
490	Long-term liabilities, total	12 000 + 90 000	102 000
491	including long-term payables	line 500 (520, 540, 560, 590 empty)	12 000
610	Amounts owed to suppliers	6000	88 000
670	Advances received	6300	15 000
680	Amounts owed to the budget	6400	21 000
720	Wages and salaries payable	6700	26 000
730	Short-term bank loans	6810	40 000
750	Current portion of long-term liabilities	6950	30 000
760	Other payables	6900 (without 6950): 6920	1 500
600	Current liabilities, total	88 000 + 15 000 + 21 000 + 26 000 + 40 000 + 30 000 + 1 500	221 500
601	including current payables	88 000 + 15 000 + 21 000 + 26 000 + 1 500	151 500
770	Total for section II	102 000 + 221 500	323 500
780	Total equity and liabilities	445 500 + 323 500	769 000

Line 400 = line 780 = 769 000 thousand soums. The balance sheet balances.

### Three lessons from the example

Contra accounts appear in two ways. Depreciation and amortisation are visible in the balance sheet on their own lines (011, 021), while the trade markup and the allowance for doubtful debts are not visible: they reach lines 180 and 220 already deducted «from within». Had 2980 and 4900 not been deducted, assets would have been overstated by 13 000 thousand soums and the balance sheet would not balance.
One loan, two lines. The bank loan of 120 000 thousand soums was split between lines 570 and 750. Line 750 is not included in 601, so there is a difference between current liabilities (221 500) and current payables (151 500): the difference = loans and borrowings (40 000 + 30 000).
Empty lines stay on the form too. «Charxpalak Mebel» has no data for lines 030–090, 110, 120, 200, 211, 230, 240, 280–300, 360–380, 420, 440, 460, 470, 510–560, 580, 590, 602, 620–660, 690–710 and 740. Under item 13 of the Regulation, such lines are crossed out.

For the «at the beginning of the reporting period» column (practical tip): put last year's balance sheet with its «at the end of the reporting period» column in front of you and compare. If there is a difference, write down the reason (for example, a correction made to last year's statements): you will need it in the notes.

Appendix on overdue debts

If there is an amount on line 211 or 602, the balance sheet appendix «Breakdown of overdue receivables and payables» is filled in (in thousand soums). The columns of the appendix:

Column	Content
1	No.
2	List of debtors and creditors with overdue debts
3	Total overdue debt
4	Overdue debts arising for reasons beyond the organisation's control: total
5	including: overdue debts for products shipped (received) without prepayment under government decisions
6	including: amount of advance payments made for raw materials and supplies to be shipped from state resources and funds
7	including: debts deferred under government decisions
8	including: amount of debts under court review on claims in accordance with legislation, or for which an economic court has ruled on recovery from creditors

Its lines consist of two blocks:

Block	Lines
Overdue receivables	1. Debtors with overdue debts, total; 2. Overdue debts within the republic, total; 2.1. including by name of debtor; 2.2. Intra-departmental overdue debts, total; 2.2.1. including by name of debtor; 3. Overdue debts outside the republic, total; 3.1. including by name of debtor
Overdue payables	4. Creditors with overdue debts, total; 5. Overdue debts within the republic, total; 5.1. including by name of creditor; 5.2. Intra-departmental overdue debts, total; 5.2.1. including by name of creditor; 6. Overdue debts outside the republic, total; 6.1. including by name of creditor

In the payables block, column 6 (advances paid for raw materials and supplies) is not filled in: the form shows an «x» there.

The appendix also ends with a signature block: «I confirm the reliability of the information in these financial statements», the names and signatures of the head and the chief accountant, and the date.

Common mistakes

Mistake	Why it is wrong	Basis
Entering fixed assets on line 010 net of depreciation	Line 010 is the initial (replacement) cost; depreciation goes separately on line 011, and the net value on line 012	Appendix 1, lines 010–012; NAS No. 1, paragraph 71
Entering goods without deducting 2980 «Trade markup»	Line 180 is «2900 less 2980»	Appendix 1, line 180
Entering 4000 in full without the allowance	Line 220 is «4000 less 4900»; the amounts of receivables and of the allowance are shown separately in the explanatory note	Appendix 1, line 220; NAS No. 1, paragraph 44
Offsetting a counterparty's receivable against its payable and showing only the difference	Assets and liabilities are not offset (except in cases provided for by another NAS)	NAS No. 1, paragraph 42
Including 6950 on both line 750 and line 760	Line 760 is «6900 except 6950»	Appendix 1, lines 750 and 760
Leaving the part of a long-term loan repayable in the next 12 months on line 570	A liability to be settled within 12 months is current; the only exception is when all three conditions of paragraph 80 are met	NAS No. 1, paragraphs 73, 77 and 80; Appendix 1, line 750
Adding lines 230, 510 and 620 to lines 210, 490 or 600	These lines are not in the formulas on the form	Appendix 1, formulas of lines 210, 490 and 600
Adding 010 and 020 (initial cost) to line 130	The formula takes the net book value lines: 012 and 022	Appendix 1, line 130
Adding treasury shares on line 480	The formula has «− 440»	Appendix 1, line 480
Leaving a line with no data blank	The line is crossed out	Regulation, item 13
Leaving foreign currency cash at the purchase rate	Assets and liabilities in foreign currency are translated into soums at the Central Bank rate	Regulation, item 3
There is overdue debt, but the appendix has not been filled in	The asterisks on lines 211 and 602 require the appendix	Note below Appendix 1
Submitting the balance sheet after 1 March	Annual statements under NAS: no later than 1 March of the following year	Regulation, item 7

Practical tip: before submitting the balance sheet, do three quick checks: (1) 400 = 780; (2) every total line has been recalculated using the formulas above; (3) accounts 9000–9900 have no balance.

Next step

The balance sheet gives a «snapshot» of the company on 31 December: what it has and where it came from. How much income and expense there was during the year is shown in Appendix 2 to the Regulation, the statement of financial results. In the next guide we will go through that statement line by line as well: which income and expense account goes on which line, and how you get from gross profit to net profit. Until then, the full list of forms and the blank forms are available in the general article in the «See also» section.