The rates of the fees payable by users of the public service authority are set by the Board of Directors. The rates are set in such a way as to ensure the financial equilibrium of the public service authority under the conditions provided for in articles L. 2224-1, L. 2224-2 and L. 2224-4.
Allocations to depreciation and provisions are calculated in accordance with the provisions and customary periods applicable to commercial enterprises in the same sector of activity. Depreciation relates to movable assets other than collections and works of art, buildings with the exception of non-income-producing land and intangible fixed assets. Fixed assets may be revalued in accordance with the provisions applicable to commercial enterprises.
The régie may receive accepted bills of exchange in settlement of its receivables, endorse them or remit them for collection. Bills received in settlement may be discounted in accordance with commercial practice. Certain expenses fixed by the Articles of Association may be settled by means of bills.
La régie peut, dans les conditions prévues à Article L. 2253-1, acquire financial holdings in public, semi-public or private companies that carry out a complementary or related activity. The public service authority is authorised to contract loans from all lending organisations and private individuals. It may also acquire or arrange for the construction of movable and immovable property payable in instalments to assignors and contractors.
The budget is presented in two sections: – in the first, operating transactions are forecast and authorised; – in the second, investment transactions are forecast and authorised.
The operating section or forecast income statement shows successively: – under income: operating income, financial income and exceptional income; – under expenses: operating expenses, financial expenses, exceptional expenses, depreciation, amortisation and provisions and, where applicable, corporation tax.
Revenue from the investment section includes in particular: 1° Contributions, reserves and similar receipts; 2° Investment grants; 3° Provisions and depreciation; 4° Borrowings and similar debts ; 5° The net book value of fixed assets removed from the assets; 6° Capital gains arising on the disposal of fixed assets; 7° The decrease in inventories and work-in-progress.
Expenditure on the investment section includes in particular: 1° Repayment of the principal of loans and similar debts; 2° Acquisition of intangible, tangible and financial fixed assets; 3° Charges to be deferred over several financial years ; 4° The increase in inventories and work-in-progress; 5° Write-backs of provisions; 6° The transfer of investment grants to the income statement.
Budget appropriations in the operating section of the budget not committed at the close of the financial year may not be carried over to the budget for the following financial year. Expenditure in the operating section duly committed, not mandated and for which there has been service done by 31 calendar December, shall be notified by the Director to the Accounting Officer and attached to the outturn for the financial…
A.-The cumulative result defined in B of Article R. 2311-11 is allocated, where it is a surplus :
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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