pyxecmoto ce ylpaBJrf,Ba or cbBera Ha Ar{pexropure r,r

pyxecmoto ce ylpaBJrf,Ba or cbBera Ha Ar{pexropure r,r

vEE MEAI4TI
fPvn AA
Mer44unuu i[uuancoor,r ofierr,r za 2012 roAr.rHa
BCIITIKI,I CyMI,! Ca
IBpa3eH[
B XHJT.JIB., OCBeH aKO I,I3prrrrHO He e yKa3aHO
Apyro
IIO.f,CHEHI4fl KbM OI4HAHCOBI{TE OTIIETI,I
1.
O6ura uuQopuaqur
"yEE MEAILf, lPyfl" A[ (napuvaHo flo-Hararbr orqe "Apyxecrroro") e axqnoHepHo ApyxecrBo,
perucrplrpaHo uo Trproncru, 3aKoH n Arenr[u rro Brrr{cBaHr{f,ra uoA Ns 131387286. CeAallrqero u aApecbr
Ha yrpaBJreHr,re rra ApyxecrBoro ca: rp. CoQr,ra, 6yl. Bparx Erxcron N 40.
,{pyxecrnoro
u
uMa rrpeAMer Ha AefrHocr: Ha) rHo rexHoJroruHecKu ycJryr[ lr cBbp3aH[rre c rf,x Lr3cJreAoBareJrcrr{
rpoeICaHrcKLI ycJryrl,r, rpoeKrrpaHe
AaHHI,I
no
eJIeKTpoHeH
rrbr,
cb3AaBaHe
u paspa6ornaHe Ha KoMrrrcrbpeH coQryep u xap,ryep,TpancQep na
u o6pa6oma sa 6aza AaHHrlr, nnrloprrraqnoHHr,r ycJryrr{, peKJraMHa
AeftHocr rI BcrKaKBLr geftnocrz, nesa6pauenu or 3aKoH.
,{pyxecmoto ce ylpaBJrf,Ba
ArexcargpoB
or
cbBera Ha Ar{pexropure r,r
ce
npeAcraBJrrBa
B KaqecrBoro My Ha [pe,[ceAareJl rr [BnbJIHI,meJIeH rureH
or Alercau4rp
BnaAos
rn C,{.
LrMa perlrcrprpaH Kanurilr B pmMep na 1,420,000 JreBa, pa3npeAeJreH B 1,420,000 o6[rnosertrr
[oEMeHHn, 6esnamlqnn c lpaBo Ha Hrac arrruu c HoMuHaJr lres ecsra.
flpyxecrnoro
2.
O6o6qeno [peAcraBrHe Ha 3HarrrrMrrre cqeroBoAHlr noJrrrrrrnrr
OcnosH[re cqeroBoAHrI [oJII,ITI{Kr{, [pr{JIaraHI,I Itpu rBrorBrHero Ha resu t[uuaucoBl,I orqerr{, ca [peAcraBeHr,I
rlo-AoJry. Tegn uonr,rrraKll ca IlpflnaraHr rrocJreAoBareJrHo 3a Bcr{rrK}r npeAcraBeHr,r [ep[oAr,r, ocBeH aKo r,r3pr,rrrHo
He e [ocoareEo
Apyro.
2.1. OcHosa
3a rr3rorBrHe
"yEE MEAI4.fl I-PyfI" A,{ ca rororBeHlr B cborBercrBue c Mex4yHapoArrrrre
sa tluuaucoBr orverl,I (MCOO). Te ca H3rorBeHr{ Ha npr.rHrluna Ha ucropr{rrecxara rleHa,
aKTITBI{ Ia t[nranconu EacrrBrr [o c[paBeAJrrma crofiHocr vpes ueva.n6a wruzaryIa.
OuHaHcosrre orqerr Ha
craHAaprl4
tfunaucoou
I4srornsnero ua $unaucoBllTe
ofierr{ B cborBercrBue c MCOO lr3r{cKBa r{3rroJrBaHero Ha orlpeAeJreHu
cepuo3Hl,I cqeroBoAHll oIIeHKrI. To otrIe r{3r.rcKBa or pbKoBoAcTBoro Aa [paBu onpeAeJreHr,r qpeqeHKr B npoqeca
Ha [pI,IJIaraHeTo Ha cqeToBOAHI{Te noJIITIKI{ Ha ApyxecTBoto. O6lacu{Te, B KoI{To ce e HaJraraJla rro-Brrcorca
creleH Ha npeueHKa I,TJII,I ycJroxHeHocr, r,rJrr{ o6racflare, B Kor,{To AorrycKaHuf,Ta u npn6nuzureJrHlrre orleHKlr ca
3HarrlMrr sa $utraucou,rre orqerr{, ca ofloBecreHn n 6elexra.
,{orcyueumu, usdadeuu om Caaema no uecrcdynapoduu c,aemoeoduu cmaudapmu (CMCC) u Kon4umema 3ct
pct3flcHeHue Ha ruecrcdyuapoduu cmpaudapmu 3a Qunaucooo omvumqHe (RPMC@O), npuemu om
Eoprtneilcrcama KoMucua
Peznatteum 574/2010 om 30 nuu 2010 eoduua
HsMeHeHI,L
n MC@OI
Oepauuueuo oceo6ocrcdqeqHe om ilzucrceauume cbzracHo MC@O7 cpaeiumeluu
- Te3v rlBMeHeHur He ce orHac{
onogecmneaHun om npednpurmunmq, npmqea4u cmaudapmume 3a nbp6u nbm
oT.(pyxecTBoTo;
r
I4gueneHnr
MC@O7 @unaHcos[ rrHcrpyMeHT[ onoBecrqBaHe
-
Te3r{ }rsMeHeHu{ He
3acra orqerr,rre
Ha
Ap)DKeCrBOrO.
662/2010 om 23 pnu 2010 eoduua
Peenarvream
ParscHeHue 19
Ka[rrTaJr
-
na IGMCOO Iloracqnaxe na QuuaucoBrr racfiBrr c
rrHcrpyMeHTrr Ha co6crnenxq
ToBa pa3f,cHeH[e He ce oTHac, Ao ApyxecTBoTo;
IIsMeHeHu{
s MCOO1 flpunarane 3a [bpBrr rrbr
Ha Merr(AyHaporHr{Te craHAaprrr 3a Qunancoro
OTtIuTaHe -- Te3L IrBMeHeHI,Lfl He Ce OTHaC, AO ApyX€CTBOTO,
Pee,tarwe*m 149/201
I om l8 crteepyapu 201 1 eoduua
I'1sL'IeHeHI,Ifl
s MCOOI [purarane
OTq[TaHe
T03I,I III3MOH€HU{ He Ce OTHaCt AO ApyxeCTBOTO;
-
3a flbpBlr
nbr Ha MexAyHapoAHrrre
craHAaprlr 3a euxaucono
YEB MEAI4'I
IPYII AA
MexAunnu $unancoru orrrerr.r ga2012
roAr,rHa
BCrrrK[r cyMr.r ca r,Bpa3eHr,r B x],rJr.JrB., ocBeH aKo rr3pr{rrHo He e yKa3aHo Apyro
Ilguenennr
B
MCOO3 BusHec KoM6llnarlrlrl
-
re3u [BMeHeHlu He 3acma orqerure Ha ApyxecrBoro;
s MC@O7 OnHaHconu rlHcrpyMeHT[r: orroBecrflBaHe - re3r{ rBMeHeHlrf, rue [oBlrrtrar
Bb3MoxHocrra na uorpe6ureJrr{Te Ha orqer}rre aa pae6npar uo-go6pe pucKoBr,rre ercno3r{qur{ Ha ApyxecrBoro.
3a qelra B onoBecr{Banlrllffa rnu t[uuaucoBr,rre orrrerr,r ca HanpaBeH[ I,BBecrHLr I,BMeHeHu, B cpaBHeHI,Ie c
lIsMeHeH[,
[peAxoAHr.r flepl,IoArr;
HsMeHeHufl n MCCI llpe4crannue na QuuancoBrrre orrrerrr - re3[ rlBMeHeHI,L LI3rcIUIBa, rre ApyxecrBoro
MOXe Aa rrpeAcTaB, u3MeHeHr/HTa B KOMrrOHeHTlrre Ha Apyrufl sceo6xBareH AoxoA rIJrrI B orqera 3a npoMeHrrre
s co6crseHu, Ka[uraJr, rurrr B [prrroxeHr{f,Ta. flpyxecrnoto e us6paro Aa qpeAcraB, Te3I{ }BMeHeHLL B orqera
3a npoMeHr,rre
s co6crBeHu,
I,IsMeHeHu, s MCC21
Ha ApyxecTBoTo;
Karrr{TarJr;
EQerru or rrpoMeHlrre B odueHHrrre
rqypcoBe
-
Te3r{ ltsMeHeHu, He 3acma
orqer}rre
I4guenennr B, MCC27 I{nsecr[rlrr B acoqrurpaHr{ flpeArrprflTnfl u MCC31 .(rlone B cbBMecrHrr
flpe.qrlpnrrlrq - Te3lr rrsMeHeHlrf, He 3acf,rar r.rHAr{Br,rg)iaJrHure QuxancoBr,r orqerr{ Ha ApyxecrBoro;
Hsuenennr
s MCC34
MexAnuno QunaHcono orrurrane
-
Te3u rrBMeHeHr{{ He 3acrrar orqerr,rre Ha
ApyxecrBoro;
I4suenenr,rr n KPMC@O PasqcHeHue 13 Ilporpanrrr 3a JroflJrHocr Ha r$rrreHTrrre
3acfrar ApyxecTBoro.
-
Te3r,r rlrcMeHeHlu He
,\orcyaenmu, usdadeuu om Cteema no uecrcdyuapoduu cqemoeoduu cmaudapmu (CMCC) u Kowumema 3a
pa3ncHeHue ua uecrcdyuapoduu cmpaudapmu 3ct Quuaucoeo omqumaHe (RPMC@O), 6ce ot4e He npuemu om
E ep o ne
il c rcam a K oJt tu c u.fl
Hon crangapt MC<DO9 @unancosu rrHcrpyMeHTrr
rIpoMeHI,I
-
BJrrr3a
or I xnyapu 2013 rogr,rna x Moxe Aa
Aarara Ha r,BrorBf,He Ha ro3ll orqer
B cr{Jra
uacu{rraqurra Ha Snnancorure }rHcrpwelrT}r. Kru
ApyxecrBoro He e B clcrorHr,re Aa onpeAeJrr,r norerrrlr{aJrHuf, eQerr;
Hguenenur
npuilceaHe
-
s MCOOI
Cutna xunepuuQnaqun
u
npeMcanaHe
ua Quxcupauume damu Ha nbploHcruatHo
Te3rI rBMeHeHr{rr He ce oTHac, Ao .4pyxecTBoTo;
I4sMeHeHu{ n MC(DOT (DnHaHconu rrucrpyMeHTrr: orroBecrflBaHe
Aa 3acefHaT oTqeTr,rTe My;
I4sMeueHuf, n
MCC12 Omcpouenu dantqu
Te3U IrBMeHeHlIrI Aa 3aCerHaT OTqeTETe
My;
-
-
ApyxecrBoro He oqaKBa re3r,r rrsMeHeHut
rb3cmaHoarsaHe Ha 6asoeume aKmuou
I{gueneHu.r s MCC24 OnosecrnsaHe Ha cBbp3anrr Jrlrqa
-
-
ApyxecrBoro He oqaKBa
ApyxecrBoro us6upa Aa nprurara re3r,r rlrcMeHeHlrf,
I'I OqaKBa Te Aa AOBeAaT AO HeCbtrIeCTBeHr{ rrpoMeHr,r B OTTOBeCTTBaHeTO Ha CAeJTKI{Te C Te3I,r Jrtrqa.
2.2. Ilpenexgane
Ha qy)MecrpaHHa BaJrJma
(DynrcquonutHa scutyma u scutyma ua npedcmaenue
Ctatnnre, BKJrIogeHlr otr t[unaucoBlre orqer]r, ce rtMepBar BbB BarryTara Ha ocHoBHara r{KoHoMI,FIecKa cpeAa,
B Kosro ofleprlpa ApyxecrBoro. Tosa e Qynxqr.ronaJrHara BarryTa, Korro e r,r Ba[]ira Ha rrpeAcraBf,He -
6urapcrn nen (bgn).
Ilpeeecrcdarue u
cuda
CAelxure B qyxAecrpaHHa BaIryTa ca [peBeAeHu
rrr
Qynxqr{oHaJrHara BaJryra
no o6uennure KypcoBe
Ha
AarI,ITe Ha cAeJIK[Te IlJIrr Eo flpeorleHxa, Koraro crar]rr,rre ce [peoueHrBar. fleqal6zre u rary6nre or BarryTHu
pa3JII,IKI,I B pByJITaT Ha ypexAaHe Ha Te3r,r cAeJrKu r,r oT rrpeBexAaHeTo rlo 3aKrroqr,rTeJrHr{Te KypcoBe B Kpajr Ha
roAI,IHara 3a rraprr.IHuTe aKTI{BI{ vr rracvnvt, AeHoM}rH4paHI,I B q)DKAecrpaHHa BarryTa, ce npr,BHaBar n Orsera sa
nceo6xsarHr,rr AoxoA/Orsera 3a AoxoAlrre.
2.3. Maururu rl cbopbxeHHq
YEB MEAI,I' |PYTI AA
MexAnuru Snuaucoau orqerrr sa20l2
roAr,rHa
BCI,IqKU CyNrr,r ca r.l3pa3eHl, B xr,rjr.JrB., ocBeH ar(o rBpurrHo He e
yrc3aHo Apyro
r{r{BeHTap, TpaHcrroprH}r cpeAcrBa, MaIIIT{Hr{ n o6opy4raue, KoMIrIorpIr ca npeAcraBeHl{ rlo
croftHocr Ir3pa3eHa rro rrcropr{qecra ueHa M}Irryc aMopru3allurl. Hcropuvecrara ueHa BNJtrorIBa }I
pa3xoArr, Ar,rpercrHo orHocr{Mr{ rcu npulo6uraHero Ha aKT}rBa.
Cronancrusr
c[paBeAJrr,rBa
Karo nrmenrap, MauuHrr
cbopaxeHur ce orru,rrar aKrlrBu c ueHa na npugo6unalle HaA 700 (ceaerr,rcroun)
r,r
JIEBA.
flocreAsauure patxoAr,r ca BKrrroqeHr{ s 6araHcosara crofiHocr Ha aKTI{Ba IJII,I nprBHarI,I Karo orAeJIeH aKrI{B
caMo Koraro e Bepo{TeH rrp[Imr or 6rAeuu LrKoHoM[rrecKI{ rlBroAI,I, cBbp3aHI,I c aKTI,tBa, KbM ApyxecrBoro I,I
croftnocrra My Moxe Aa 6rAe HaAexAHo lrMepeHa. Ea:ranconara crofinocr Ha IIoAMeHeHa qacr e orrll,IcaHa.
Bcrraxnn .{pyru peMouTr,r r,r [oAApbxKa ca orpa3eHn n Orqera sa sceo6xBarnnr loxoA/Orqera 3a AoxoAIITe
upes QnuancoBr{, [eplroA, npes
roiro
ca BI3HI{KHaJII,I.
Hapacrranero Ha 6anaHcosara crofinocr B p$yJrrar Ha flpeorleHKa ce orHacrr Karo Apyru pe3epBI,I B
co6crseH[tr Karrr.rraJr s EaraHca/Orqera 3a Qnnanconoto c]crof,Hl{e. Haruarenr,rx, Komo [oKpI,IBar [peAxoAHI,I
yBeJrr{rreHu, 3a e,ur,rn }r cblq aKTrrB, ca 3a cMerKa rra re3r,I pe3epBrr. BcsraKslr Apynl HttMuIJIeHI,Ifl ca orrlurar rlpe3
Orqera sa sceo6xBarHr.rs Aoxo,u/Orqera 3a AoxoAr,rre. Bcxa roAma pa3JllrKara MexAy aMoprIlBaIII{rITa,
6asupana Ha rrpeoqeHeHara croftnocr Ha aKTr,rBa, nprmHara .rpe: Oruera 3a Bceo6xBarHur Aoxo.VOrqera 3a
AoxoA[Te, ]r aMoprrrcarlurra, flasupana Ha oplrr]rH,rJrHara crofiuocr Ha aKT]rBa, ce [pexBbprs or "Apyrn
pesepnn"
rru
"uepa3[peAeJleHa neqaJ6a".
Auopru:aquxra Ha arTlrBrme ce lrcqlrcJurBa no
npeolleHeHara
rara
JrlrHeeH MeroA 3a parnpeAeJlflHe Ha
croffnoct) sa npenaero Ha oqaKBaHr{rr [oJIe3eH xr{Bor, KaKTo cJIeABa:
- MaIUITIHLI
- TpaHcroprHpl cpeAcrBa
- o6sasexAaHe H o6opyABaHe
4 roAumu;
6,7 rogvrnvt;
-
5 roAuHu
KOMTTK)TpH
Ocramqnara crofinocr
u
rroJre3nr{.f,T
crofinoctra
ru
(uru
5 roAuHLr;
xr{Bor rra aKTrrBrrre ce npepil}HrexAar
r,r
axo e neo6xoA}rMo re
ce
Koprrrltpar r(bM BcrKa EutaHa 6a.nanca.
Ea-nancosara croftnocr Ha aKTrrB ce HaMaJrrBa nesa6aBHo Ao Bb3craHoBlrMara uy crofinocr, axo 6araucorara
croftnocr Ha axrrrBa e no-BucoKa or orleHeHara Bb3craHoBr{Ma croftnocr (nrr 6enexra 2.5).
flesafl6ure u sary6rme or ocso6oxAasaHe ce olpeAeJrrr rrp$ cpaBHflBaHe Ha rrocrbrrJreHr{flra u 6ananconara
crofinocr u ca rrpr,rsHarv B crarvfl, "pe3yrrar or npo4ax6n Ha HereKyrqu axrusu" n Orqera ga nceo6xsarHr.r,
Aoxo,u/Or.rera 3a AoxoAlrre.
Koraro e [poAaAeH flpeorleHeH aKTrrB cyMara, BKrroqeHa B Apyr]r pe3epBr{, ce [pexBbpJrf,
rcrM
Hepa3npeAeJrenara ueqar6a.
2.4.
HervrareprraJrHr{ aKTrrBr{
Ttpeoacxu uapKu u nuqercu
Or,{emro upr,I4o6mu rbproBcKr,r Maprr,r r{ JrurleH3r{ ce npeAcraBfr rto ucropr,rrrecKa qeHa. Trprorcru Mapr]r r{
JIuqeH3rI, npu4o6nru s 6lrHec xolr6unaur,rs, ce rlprlrcHaBar rro c[paBe4lrrrBa crofinocr rcrM Aarara Ha
upu4o6manero. TtproncKlrre Mapxr{ I,r JrrilIercu rirMar orpaHr{rreH [oJre3eH xr,rBor r{ ce orqr{Tar no
IrbpBoHaqaJIHa crofinocr MLrIryc Harpy[aHa aMoprr,Barlr,rf,. Arr,roptrrsaqvflTa ce rlrcqlrcJrrBa rro Jrr{HeeH MeroA, 3a
Aa ce
pa3npeAeln croftnocrra Ha rbproBcKme Maprfl.r
r.r
JrlrueH3,rre 3a BpeMero Ha noJre3Hrlrf, lrM xrrBor.
Co$myep
Pasxogn, cBbp3aHI{ c rloA,qtpxaHero Ha KoMrrrcTbpHu cor[ryepnn [pofpaMr,r, ce qpr,BHaBar 3a pa3xoA B
MoMelrra Ha Bb3HlIKBaHe. Pa.sxo4n no pa3BmI,Ie, Kor,rro AlIpeKTHo ce orHacrr Ao AlrsaftH r,r recrBaHe Ha
rueHTuQuq[paH I{ yH[KaJren coQryepeH npoAyKT, KoHTpoJr4paH or ApyxecrBoro, ce rlpu3HaBar Karo
HeMaTepr{aJIeH aKTr{B, KOTaTO Ca r.r3rrbJlHeH}r cJreAHr{Te Kpl,ITepr,ru:
yEB MEAr4,rr rPvrr AA
MexAnnnra Quxancoru orqerr{ ga2012 roAr.rHa
BCrrrrK[ cyM[ ca rBpa3oHx B xr{Jr.JrB., ocBeH aKo r.r3pr{qHo He e ym3aHo Apyfo
-
lrMa TexHrlFrecKa clloco6HocT 3a 3aBbprrrBaHe Ha co(bTyepHr{r
[poAyril,3a Aa e Ha pasnoJloxeHlle 3a
rpoAax6a;
pbxoBoAcrBoro Bb3HaMeprBa Aa 3aBbpmr,r coSryeprmr npoAyrr fl Aa ro rBroJI3Ba I,rIu npoAaBa;
r/rMa cuoco6nocr 3a u3[oJBBarre uJrr,r rlpoAax6a na cooryepHl,L lpoAyKT;
Moxe Aa ce AeMoncrplrpa KaK coQryepnua npoAyKT rrle reHepr{pa Bepof,THrI 6tAerqu I{KoHoMI,rEIecKIrI
r,BroAu;
Ha pa3[oJroxeHue ca aAeKBarH[r rexHrrrecru, $unancoBu r{ Apyrlr pecypcl,I 3a 3aBbpIIrBaHe Ha
pa3B}rruero r{ rlBnoJr3BaHe [Jrr,r npoAOK6a na coQryepHu, npo.ryKr; I,I
pa3xoAr,rre, orrracflrqr{ ce 4o coSryepH[, [poAyKT no BpeMe Ha pa3Buruero My, uorar Aa 6tAar
rraAexAHo pBMepeHr,r.
fllrperrno orHac{uure ce pa3xoAu, Ko}rro ca
Karrr{TaJrr,r34par{rr Karo
qacr or co$ryepHur npoAyKT,
BKJtroqBar
pa3xoAlrre 3a rraerr{re Jruqa, pil3BlrBarqu corfryepa, rr [oAxoAflrqa qacr ot o6Iqure piBxoA]L Apyru pa3xoAl4 no
pIBBI{TUeTO, KOr{TO He OTrOBap{T Ha rOpH}rTe Kpr,rTepr{[, ce [pr,BHaBaT 3a pa3xoA B MoMeHTa Ha Bb3HuKBaHe.
PagxoAu no pa3Bnrrre, Korrro B npe4(oAH[r nep]roAr.r ca qpI,BHaBaHu Karo pi]3xoA[, He Morar Aa ce [pIBHaBar
KaTO aKTrrB IIpe3 CJTeABatrIU [epUOAr4.
flpes orveru[, flep]roA 6e r,rsnrpurena [peorleHKa na gprrorpaftur,rre HeMarep[ilrH[ arffr{Bl,I / mprorcxu MapKI,I
/, crrnacno lr3rrcKBaHurra na MCC 36.
,{pyxecrnoro Lrsrrr,rcn Ba aMoprrtarl}rara rro Jrr{HeeH MeroA, 3a Aa ce pa3[peAeJrr,r crofinocrra uM 3a BpeMero Ha
[oJIe3HWI UM XLIBOT, KaKTO CJIeABa:
- rporpaMHH rpoAyKTr.r
5 roAprmkr;
- rIaTeHTI,{ 14 MapKr4
10 roavmn;
- r,rHTepHer cafirose u ye6 6a:rpaHrrre Marepr,rzulr He ce aMoprr,r3r{par.
2.5. O6esqeHna Ha neQunancon[
Axrm[,
aKTrrB[r
x[Bor, ne ca o6err Ha aMoprr{3r,rpaHe, a ce recrBar sa o6esqeHra
o6err na aMoprlcr,rpaHe, ce [perurexAar 3a o6esqema Koraro cr6trug. Lfitu
[poMeHu s o6crosrercrBara coqar, qe 6arancosara crofinocl Moxe Aa ue 6rAe Bb3craHoBeHa. 3ary6a or
o6egqema ce [p]BHaBa 3a cyMara, c Kotro 6alanconara crofinocr Ha aKTr{Ba HaABlrruaBa Bb3craHoB}IMara My
crofinocr. Brgcranosm{ara crofiHocr e [o-BrrcoKara or cnpaBeAJrrcara croftnocr Ha aKTr{Ba Mr,ruyc pa3xoArrre
Kornro uMar HeoqpeAeJreH uorieseH
Bc.f,Ka roAIrHa. AKTrmu, Kormo ca
uo npo4ax6a
r,r
ctoftnocrra r ynorpe6a. 3a uerrrre
Ha ouerrrBaHero Ha o6esqeHrara aKTr{Br{Te ca rpynrrpaHr,r Ha
Hafi-nncroro Hr{Bo, Ha Koero r{Ma orAeJrHo ngenrn$uqlrpaHE [ap[qHr,r nororlu (egnnuqu, reHepr,rparq[
napruHu noroqlr). HeQunaucon[ aKTrrBr{, pa3JrruHu or perryTarlr,rr, Kouro ca 6wtu o6esqeuxranra, ce
lperJlexAar
3a Bb3MoxHo Bb3craHoBrBaHe Ha o6egqenra rcbM BcrKa 6aaancosa Aara.
2.6. @nxancoBrraKTrrBrr
2.6.1.
I(uacuQuraqua
flpyxecrnoto xracuQuqupa Suuanconure c[r
aKTrrBrr B cJreAHr{Te
Kareropuu: 3aeM}r u B3eMaH}rr, }rlrBecr}rqru
AbpxaHI,I Ao flaAex. KlacuQuraqwffa gaBnclr or qeJrra ua npugo6mane Ha t[unanconur aKT]rB.
PtrosoAcrBoro onpeAeJlf, xracnQnqnpaHero Ha Qnnauconua aKTrrB nprr nbpBoHaqzurHoro My rrprlBHaBaHe.
3aeuu u 63eitctHutt
3aeuu
LI B3eMaHIt ca IreAepl,IBarunuu r[unancoBu aKTr{Br{ c Qraxcrpauu r4Jrr{ o[peAeJrreM[r rrJraulaHr{r, Kolrro He
ce xorrlpar Ha aKTIIBeH narap. Te ce BrutroqBar B TeKyrqlrre aNTrIBlI, ocBeH Te3[, qufiro naAex e cJreA rloBerle or
12 ueceqa or Aarara na 6aranca - re ce xnacn0rqupar Karo Hereryqr,r a(rr{Br{. 3aeuure r,r B3eMaHr{rra Ha
ApyxecrBoro B(JrIoqBar "mproBcru r,r Apyru B3eMaHr,rfl" ra "Apyrlr reKyqr,r artmn" n Ba-nauca./Orqera 3a
(punanconoro cbcroflHue (6eneNna 2.8).
Llueecmuquu, dtpucauu do nadecrc
Tosa ca Qunauconn aKrI{BI{, Ko[To r{Mar Qrarclrpaun ruru oflpeAeJr.fieMr,r [JratrIaHrar u $mcnpaH rraAex, Kouro
.(pyxecTBoTo LrMa HaMepeHue u Bb3MoxHocT Aa saAbpxr{ Ao rralex.
2.6.2 IlpnsnaBaHe rr orleHrBaHe
O6uxnonenure noKy[KI,I n npo4ax6u ua tpunaucowr aKTrrBlr ce nprtHaBar Ha lrararaHa rbpryBaHe - [arrra,Ha
Koflro ApyxecrBoro ce o6otpsra c [oKyrrKara uJrr,r npoAaxflara rua aKT[Ba. Hnsecruuul,Ire [bpBoHarrnJrHo ce
nprBHaBar no cnpaBeAJlma crofinocr IrJIIoc pa3xoArrre no cAeJIKara 3a Bcr{qKI{ Suuaucoru aKTr/rB}I, KoI{To He ce
yEE MEro4,r
fPyrIAA
MexAunnu Sranancoau orrrerfi sa2012
roAr,rHa
BolrqKr,r cyMu ca rEpa3eHr,r B xr4Jr.JrB., ocBeH ar(o r,r3pr,rrrHo He e yKa3aHo,upyro
oTqI{Tar rlo clpaBeAJII,IBa cToftHocT rrpe3 neqafl6a u]ru gary6a. (DunaHconure aKrrrBr{ ce oTn[cBar, Koraro
npaBOTO Ha IIOJI)iIIaBaIIe Ha [apn{IHI{ IOTOIII{ OT I{IIBeCT}IIII{I,ITe IlI3Teqe }III,I e 6ruo [pexBtpJIeHO v CA 6EnLt
npexBbpJreHr,r Bcrlr[IKr{ prrcKoBe r{ [oJr3r{ oT co6cTBeHocrra.
3aeuu
I,I B3eMaHI{r, KaKTo I{ I{HBecrurl[u,ubpxaHr{ Ao flaAex ce orqr{Tar rro aMoprr,r3r.rpaHa crofiHocr no MeroAa
ua eQerrurnara Jrr{xBa.
Tecmanero sa o6e:qeHra 3a rbproBcKr{re B3eMaHr{s e oflucaHo s 6erexxa 2.8.
2.7. MareplraJrHrr 3arrac[
Marepuarume 3anaclr ca npeAcraBeHr{ rro [o-HlrcKara or ce6ecrofiHocr r{ HerHa peaJr}r3r{pyeMa crofiHocr.
Ctofitrocrra Ha I,Bpa3xoABaHure Marepuarv ce onpeAeJr, rro MeroAa FIFO (urpna BxoAf,rqa-rrbpsa u:xoArrqa).
croK[re BXJrroqBa pa3xoAx ga \vgatrtla, cypoBlHlr, rrprK TpyA, Apyru npeKr{ panxoAr{ r.r
o6uu pa3xoAu (6asupar*r Ha HopMirJrH]rf, Kaflartr{Ter). Tr He BKrrorrBa pa3xoAr,r rro 3aeMr{.
Hetnata peaJlll3lrpyeMa crofHocr e npeqeHerrara [poAaxHa ueHa npu o6rqaen xoA Ha 6nsHeca Mr,rHyc
Ce6ecroftnocrra Ha
pa3[peAeJreHu
[pr,urox[Mure pa3xoA]r uo upogax6nre.
2.8. TrprorcKrr
Ttproncxrre
rr
Apyrr{ B3eMaHtrfl
cnpaBeAlma crofinocr r,r [ocJreABatrIo ce oqerrf,Bar no
IIB[oJI3Ba MeroAa Ha et[emBBHara r,iyf/(Ba, Mr,rHyc npoBrBur,rre sa o6egUeHxa.
B3eMaHrrfl IrbpBoHaqaflHo ce rrplrsHaBar rro
:tMoprl,I3l.rpaHa
ctofittoct, Karo ce
flponusux ra o6esqenxa Ha rbproBcm{ B3eMaHru ce ycraHoBrBa, Koraro rmaa o6errmHo AoKa3areJrcrBo, qe
ApyxecrBoro IUIMa Aa Moxe Aa cr6epe Bcr{qKr{ AbJrx[Mu My cpu rro opuu,rHaJrHr{Te ycJroBurr 3a B3eMaHuf,Ta.
3na.rIarerHu Qunauconu',tpy,4Hocrr{ ua ge6rarop, BepoflrHocr, ue 4e6rarop uJrr,r qe rbalupa }rJrr ue npeAnp}reMe
t[uuancona peopraHrcallur, IlrILr 3Haqrrrenno sa6ansHe Ha [Jrarqaxero (c rroBeqe or 30 Anu cleg ua4ex) ce
ctIETar 3a ltH,quKaropu, qe rbproBcKo B3eMaHe e o6esqeHeHo. Cyrraata Ha rrpoBr,r3r,rflTa e pa3Jrr,rKara MexAy
6anancosara crofinocr Ha aKTI{Ba u Hacrorlrlara crofinocr Ha orraKBaHrrte 6tAerqu [aprrrrHr,r rrorouu,
AucKoHrLIpaHu c opml,IHarHlrx et[exrmeH irrlDoeH nporleHT. Ezurancosara croftnocr Ha aKTrrBa e HaMaleHa qpe3
LI3noJI3BaHe Ha KopeKTI,IBHa cMerKa r,r cyMara na sary6ara ce nprrcHaBa n Orqera ga nceo6xsarnnq
Aoxo.q/Or.rera 3a AoxoAl.rre rato "parxogu/rrpwxoyu or [peortreHKu Ha aKrrrBtr nnacwvf'. Koraro rbproBcKo
B3eMaHe e necr6npaeMo, To ce orflrlcBa cpeu{y KopeKT[BHara cMerKa. flocneAnanlr,r Bt3craHoBf,Balrl]r,J-lfiac]flr/Iyr,
Kolr:ro npeArr roBa ca 6u,nr,r ornncanu, ce KpeAHT4par cpeqy "pasxo4ra/uprxoArr or qperleHKlr Ha aKrr,rBu r{
uacnsu" s Orqera sa rceo6xsarHux 4oxo4/Orvera 3a AoxoAure.
2.9. flapx
n rraprlqHlr eKBrrBaJreHT[r
flapu u [aprIqHI,I
eKBI,IBiureHr[r BrurroqBar flapr,r B 6pofi, geuo:r.rrr{, AbpxaHr{ Ha BrlDKAaHe
KparrocpolrH[ BlcoKoJrI,IKBEAHr{ rllrBecrlrur{I{ c op[rr,rHaleH uaAex 4o 3 ueceqa.
n 6anru, gpyru
2.10. ArcunoHepeH KarrlrraJr
O6urnoseHl.ile aKIIur{ ca ruacur[nqrapaHu Karo co6crseH Ka[r{TaJr. Brscranosseuure uperfepeHrlr{aJrHr,r aKrIuLr
ca rcnacuQr,rrg.rpaHlr Karo rracr{Br{ (6enexra 2.12).
Pasxograre, np{Ko cBbp3aHI,I c eMr,rr[paHero Ha HoB[ aKruu r,IJIpr o[qrtlr, ca npeAcraBen]r s co$crBeHr,r.f, KanI{TuIJr
Karo HaMaJreHr,re, HerHo or AaTTBIII{, or [ocrbrr]reHuna/rtpeuuna.
2.1
1. TrproBcKlr 3aAbJrxenrrfl
Trprorcrume 3aAbJIxeHLL ce npx3HaBar
rrbpBoHaqaJrHo
rro
cnpaBeAJrr{Bara
crofinocr
u nocJreABarqo ce
oIIeHrBar IIo aMoprrBnpana croftHocr Karo ce rlBrroJr3Ba MeroAa na eQerrr,rnnata Jr[xBa.
2.l2.3aevu
3aeuure ce [pI,BrIaBar ITbpBoHarI:urHo no c[paBeAJrI,rBa ctofittocr, HerHo or Bb3HrrKHaJIrrre pa3xoAu [o
cAerrr,rre. 3aeurare [ocJIeAB4rrIo ce oqeHsBar no aMoprl{3upana ctofiHocr [I BcrKa pa3Jrura MexAy
nocrbrrJreHlrf,ra (nerno or pa3xoAl,Ire no cgemara) n croftnocrra 3a BplrrlaHe ce [pr,BHaBa n Orqera sa
nceo6xsarHl,If, Aoxo.q/Or.Iera 3a AoxoAlrre rrpes flep]roAa Ha 3aeMa no MeroAa ua er[errunnara JrI{xBa.
yEBMEAr,t fPyrrAA
Mexlr,turu rpunancoau orqerr,r
sa 2012 roAr,Ha
BC[rrKn cyMr.r ca r8pa3eHr.r B xHJr.JrB., ocBeH aKo u3pr,rqHo He e yKEaHo,qpyro
Tarcu, [JIareHu 3a
tlo 3aeM, ce [prBHaBar Karo piBxoAI,I tlo cAeJIKara Ao crerlel{Ta, Ao Kof,To e
o6nerqenrax 4a 6rgar rroJD reHrr. B rosl,I cnyqaft TaKcaTa ce oTcporrBa AoKaTo
CTaHe [oJI)AaBaHeTO. ,{o creuenra, Ao KoflTO HtMa AoKa3aTeJrcTBo, rle HtKoI{ I,IJII,I BCI,FIKI{ o6nexqerrns trIe 6tAat
IoJDAIeHI,I, raKcara ce KaIrI,rraJIrBI{pa Karo npeABaprrrerHo marrlaHe 3a ycJryru u aMoprr,r3r{pa 3a flepuoAa Ha
o6rexqenr,rero, c Koero e cBbp3aHa.
o6JlerqeHr,rfl
BeporTHo HTIKoI,I rrJIIlI
BCLTIIKI,I
3aeun ce ruracntpnqupar Karo rexyrqu ilacwBkr, ocBeH aro ApyxecrBoro uxua 6esycloBHo [paBo Aa orcpoqu
ypexAaHero Ha rracr{Ba 3a cJreA 12 ueceqa cJreA Aarara sa datrurrca.
2.13. Teryrqr
r
orcpoqeHr{ AaHbrIn Bbpxy AoxoAa
PasxoAa 3a AaIrbK 3a rlepuoAa BKrIotrBa reKyrq[ rr orcpoqeHu Aar{bqr,r. [anrx ce np]rsHaBa s Or.rera sa
Bceo6xBarHl,If, Aoxo,u/Orqera 3a AoxoAr.rre, ocBerr Ao creneHTa, .4o Korro e cBbp3aH gbc crarrru AlrpeKTHo B
co6crBeH[fl KanI{TiuI. B rosu crryuafi Aar{bKbr cbtrIo ce orpa3rBa 3a cMerKa Ha re3r.r crarvr4 n co6crsexu,
KAIII,ITAJI.
Teryrqurr pa3xoA 3a AaI{bK ce
l,r3q[cJrsBa Ha 6asa Ha AarrbqHl{Te 3axoHrr, KoI,ITo ca B cr,rJra KbM Aarara Ha
6aaaHca.
Orcpo.reu Aalrbr ce rlplttHaBa Karo ce [BnoJBBa MeroAa Ha 3aAbJrxeHl{ero 3a BpeMeHHI,I pal3Jr}rrlr, BI3HI{KBaIqI{
or
pa3Jrl,IKure B AarrbqHlrre ocHoBr{ Ha aKTrrBlrre I{ nacuBr.ITe r{ TexH}rre 6anancosn
crofinoct
rtn
i[r.nranconnre
orqerr{. Orcpouen AarrbK ce o[peAeJlx Karo ce ltgrroJBBar AarrbqHr,rre craBKr.r (u saxouu), Kor,rro ca B cr,r,Jra r(bM
\ar?fia na 6ananca u ce oqaKBa Aa 6rAar qprrJraraHlr, Koraro ce peaJrr{3r{pa orcpoqeH AaHbrreH aKTr,rB r{JrH ce
ypexAa oTcpoareH AaHbqeH
rracr,rB.
Orcpo'ren AaHbrIeH aKTITB ce npu3HaBa caMo Ao crerreHTa, Ao Kofro e BeporrHa 6rAeua o6naraeua ueua.n6a,
cperry Korro Morar Aa 6rAar rBnoJBBaHr{ BpeMeHHr,rre pa3Jrr,rrr{.
2.14. Aoxoarr
Ha Haerrr Jrrrqa
,{pyxecmoro ne e paapa6orBaJro rporpaM}r
3a AoxoA}r cJreA HanycKaHe Ha nepcoHaJra.
,{pyxecrnoto orqra Karo KparxocpoqHl{ 3aAbJrxeHlrrra cu KbM rrepcoHaJla no He}BloJI3BaHu orlyc6lr, KoIITo
ce oqaKBa Aa 6rAar u3[oJl3Barrrl B pilMKr,ITe na 12 ueceqa cJreA Aarara na 6alauca, KaKTo 14 Her,B[JrareHr{Te
3amIaTI{.
2.15. Ilponx:Nn
flporrsr,In 3a npecrpyrTypnpane o6xnaqar o6e:rqerenyrs 3a rpeKparf,BaHe. flporusrn :a 6rgerqu ofleparuBHr,r
sary6u He ce flprrnHaBar.
flponusun ce I,BMepBar rro HacroflIqara crofinocr Ha pa3xo.q[Te, orraKBaHr{ Aa 6rAar neo6xo4urvrn 3a ypexAaHe
Ha 3aAaJlxeHrlero, Karo ce rI3IIoJI3Ba IIporIeHT IIpeArr AarrbrII,I, rofiro orpa3rBa reKyrq[ [a3apHr,r oueHxlr Ha
BpeMeBara crofinocr Ha flapl,Ire n cnequQuvulre pr,rcKoBe 3a 3aAbJrxeHr.rero. HapacrnaHero rra nponusuira nln
Bpt3Ka
C MuHaBaHe Ha BpeMeTO Ce IIpI,I3HaBa XaTO JrrlrxBeH pa3XOA.
2.16. IlpusnaBaue Ha rrp[xoArr
Ilplxo4Irre
BKJtroqBar c[paBeAJIIIBara
crofinocr Ha flor)irreHoro lrJrlr rroAJrexarqoro Ha rroJr)AraBaHe 3a
ycJryrn s o6[safiHr.rr xoA Ha Aeftsocrra Ha rpyxecrBoro. flpro<o4r.rre ca [ora3aHr{
HerHo or,{,{C, nrscranoBrBaHr{s }r orcrbrrKlr.
npo4ax6u Ha croKlt
IIJII,I
flpyxecrroro nprBHaBa npru<o,4, Koraro cwara My Moxe Aa 6rAe HaAexAHo [BMepeHa, Beporrgo e 6rAenln
xKoHoMI'HecKI{ IIOJI3I{ Aa [oreKar K5M Hero n ca 6usrt rrB[bJrHeHrr cnequ$uvHn Kpl,ITepr,ru 3a BcrKa
Aefinocr Ha
ApyxecrBoro, orlucaHa no-AoJry. Cyuara Ha [p[rxoAa He ce cqr,rra 3a HaAexAHo orleHeHa AoKaro Bc1p1Kr{
ycJloBHocrlr, cBbp3aHI,I c npo4ax6ara ne ca 6r,nrr,r pa3perueHr,r.
,{pyxecruoro 6asupa ouerrK}rre cH Ha
I'Icrop[qecK[r pe3yJITarI,I, Karo B3I{Ma rrpemr,rA Br{ra KJrr{eIIT, BrrIa cAeJrKa u cneqrtpnrara Ha BceKr,r
AoroBop.
Ilpodaacdu
Ha
yclyzu
vEE ME,44-fl
rPyII AA
MencAnnnz i[ruancouu
orqsru sa2012 roAr{Ha
Bcr{rrKlr cyMx ca r{3prceHr.r B xr,rJr.JrB., ocBeH aKo u3puqHo He e yr(a3aHo,{pyro
ptBBJIeKareJIHa I,r cnoprHa
rnrQoprraaqua qpe3 cBolrre cafiroBe: news.bg, topsport.bg, money.bg, gladen.bg, lifestyle.bg, vsi4ko.bg;
a6onarvrenrnra ycJryru 3a onoBecrf,BaHe Ha peryJrr,rpaHa unQopuaqux or uy6ruuullTe ApyxecrBa qpe3
cneuuzrJrrB4paHr,rr pa3AeJr fininfo.news rua cairca money.bg.
Tesn ycnyru ca rlpeAocraBrr rro AoroBopra c Qrxcupanu qeH]r rlurlr ro KoHKperHI{ IropbrIKI,I, Karo AoroBopI,ITe
,{pyxecruoro npe4ocraBfl peKJraMHH ycJryr[; (pr,rnancora, [oJr]rrr{qecKa,
o6rurnoseHo ca 3a cpoK
or I rognHu c omrr{fl
3a rrpo.(bJrxaHaBe Ha cpoKa.
Ilpru<o4nre no KoHKperlrr{ flopbqKlr, o6urnoneno ca rropbqKr,r 3a peKJraMa r,r ce npI,BHaBar rro MeroAa era[ Ha
3aBbprrrBaHe. flplxo4llre o6urnoneno ce npr.BHaBar no AoroBopHlrre ueml. 3a AoroBopLI 3a BpeMe eraflbr Ha
3aBbprueHocr ce rBMepBa na 6pofi rBJrbqeHr{ r.rM[pecrur.
flprurognre rro 3zrflBK[r r.rJr[ AoroBopn c Qurcnparu,r qeHr,r 3a npeAocraBrrre Ha ycJrynl upes cafirorere gladen.bg
u money.bg qpe pa3Aena rrly fininfo.news, o6uxuoBeHo ce npr,r3HaBar npes nepploAa Ha npeAocraBtHe Ha
ycJryrara no rnnefinns MeroA 3a cpora Ha loroBopa.
Ilpttxodu om iluJe*u
flp[xog or JrrDGr{ ce [pr.BHaBa Ha BpeMeBa flpolopryroHairua 6aza Karo ce rrrcloJr3Ba MeroAa ua er[errmuara
Koraro B3eMaHe e o6e:ueHeno ApyxecrBoro HaM,IJrf,Ba 6ananconara croftnocr Ao Bb3craHoB[Mara
JrlrxBa.
crofinocr, Kof,To e oqarBaHlrre 6rAerqn [apruHr,r rrororll,f,
Al,rcKorrr4paHl,r c opunlHaJluux etlerrrmeH Jrr{xBeH
lpoueHT Ha I{Hcrpyr[eHTa r,r npoAbJrxaBa Aa [pr,r3HaBa Ar,rcKoHT4paHero Karo Jrr{xBeH nprxoA. flpruro4 or
Jrr{xB}r
3.
uo o6esqeHeHr{ 3aeMI{ ce [pr,BHaBa Karo ce r,Bnon3Ba opI{TTIHaJIHI'L JII{XBeH [porIeHT.
Ynpannenue na QnxancoBlrfl plrcK
3.1.<Darcropn sa Qunancon pucrc
,{eftnocrure Ha ApyxecrBoro ca [3JroxeH[ Ha HrKoJrKo r$uuaxcoau p[cKa: nirapeH (anmo.ruremro
c[paBeAJrr,rBara
crofinocr
Ha rloGeHr.rre paBHr,[qa, Ha
O6qara nporpaMa Ha pbKoBoAcrBoro ce r[orycrpa
HaTII,IH 3a
JrrD(BeH, Ha
[aprrHrrre rrorour{ n qenonr,r), KpeAr,rreH r,r JruKBuAeH.
KGM HerrpeABu,qr{Mocrra
na i}nnaucou,rre na3apr.r
r,r
rbpcn
MIIH[MrB4paHe Ha rroreHrlflaJrHrrre eQerrn ntpxy QranancoBoro npeAcraBrHe Ha ApyxecrBoro.
Ynpamermero Ha pucK ce ocrqecrBrBa or cbBera Ha AlrpeKTopr{Te c rrcHo cbrpyAH[qecrBo c oleparr,rBHlrre
Crserbr r{a Al{perroprrre cJreAra sa cla3BaHe qpHHrIr,r[ETe sa o6ulo ylpaBJreH[re Ha pr{cKa, KaKro [r 3a
loKpI{BaHe na cnequQuvnn o6nacru Karo BaJryTeH, JrrlrxBeH r.r KpeAr,rreH pr,rcK, r,B[oJr3BaHe Ha $nnancoru
orAeJIlI.
IIHCTpyM€HTI{ I,I I{HBeCTIltpaHe Ha U3JI}IIIIbKa OT JIIKBLIAHOCTTa.
Ilasapeu pucrc
Baaymeu pucrc
fipyxecmoro I,IMa MexAyHapoAHa 4efiuocr r.r He e [BJroxeHo Ha BarryTeH pr{cK, npo}r3T[qa[I or eKcno3[rluq Ha
HTKoJIKo pa3JIruHLI BHAoBe BaJryTlr, [opaAr.r roBa, qe cAeJrxr{re ca oueHeHr,r c $urcnpanu, Kypc n'a EUR.
Banquruure pEcKoBe Bb3HuKBar or rbproBcKr,r cAeJrKr{ r{ lprr3Har}I arrIrBI{ nrracwatr.
Prxono4crnoro e ycraHoB[ro
floJrr,rrr,rKa Aa rmlrcxBa ynpaBireHr,re Ha
BarI/THu[ p]rcK cpeqy $yurquouarnara
BarryTa.
r{ BJrr{rHr{ero Ha rrpoMerrrrre BbB BaJryTHure KypcoBe Ha
rlyxAecrpaHHure BarryTrr cnp{Mo
Qymqr.ronanHara Barryra ca npeAcraBenu n 6elexra 18.1.
Balryrsure eKcflo3]rquu Ira ApyxecrBoro
Pucrc ua
napu#ufl nomoK u ua cnpaeedau*qmq
Trft xaro
cmoilruocm Ha
rwleHufl npolpHm
ApyxecrBoro HtMa 3Haqr,rreJIHI{ JII,rxBoHocHr{ aKTI,IB}I np[xoAr{Te r{ ofleparllBHrrre My [apHrIHI,I
TIOTOIII Ca B 3HaqrITeIHa CTeII€H H€3aBI'ICI{MI{ OT npOMeHI,I B na3apHuTe JIIIXBeHI,I HIIBa.
Jlnxrenum pllcK
pLIcK Ha
3a ApyxecrBoro npou3T[qa or 3aeM]rre. 3aeuu c [poMer{Jrr{Bu :r.yrr<Byt}rsJrarar ApyxecrBoro Ha
napITIHlIt noTOK Ha JIIDGeHItfl npOrIeHT. 3aeuu c Qurcupanu JrrDGr.r }BJraraT ApyxecTBoTO Ha pr,rcx Ha
cnpaBeAJrrrBara croftuocr Ha JIrDGeHrrrr nporleHT
Rpedumeu pucrc
-
arax
6elexra
9.
yEB MEAH-'{
fPvrl AA
MexAunnu Qunancoen orqerl,I sa2012 roAlHa
BCI{TIKI{ CYMI.I CA|,"PA3EIJil B XI'JI.JIB., OCBEH AKO I43PI,IqHO HC C YKA3AHO,4PYTO
Kpeguren plrc6
B53H14KBa
or
rrapl,t la [aplrrlHr,r eKBI{BaJIeHTu, Aelo3I,ITI,I
s 6auKu u
u
QuHaHcoBI'I Ltncrllryr\vtkr,
gpe6no, BxJtroqureJrHo nect6pauu
3a pI'IcK Ha 6a3ara Ha BIHIUHI{ I{
rirro
r,r KpeAr,rrHr,r
flper
Or.remnIx nepUOA, nopaAl{ HaTpylaHH HeI{3IIblHeHI,Lf, Ha 3aAbJIxeHI'I-f, OT KIII'IeHTI'I
eKcflo3rrur{r{ Ha KJrlreHr}I no npo4ax6l{ Ha eApo
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