AKP hands over and publish Annual Financial Mirror Reports

AKP hands over and publish Annual Financial Mirror Reports

The Kosovo Privatisation Agency has delivered annual Financial Mirror Reports to the Treasury Department operating under the Ministry of Finance of the Government of the Republic of Kosovo. In an AKP-sent media report, the Agency's annual Financial Mirrors are reportedly divided in relation to revenues [...]

In an AKP-sent media report, the Agency's annual Financial Mirrors are being shared in relation to dedicated revenues and trust funds for the final calendar period of 2018. The agency has prepared these documents under the International Public Sector Accounting Standards “Financial Reporting According to the previously-based Accounting Board of Directors made available on February 23, 2011, and “Framework Regulant on Reporting of Financial Mirrors in Trust” approved by the Board of Directors on February 23rd 2011, fulfils all reporting obligations issued by the Public Finance Management and Responsibilities <x0-48, completed and changed with a number of/03, the Law. 04/ L-116 and law no. 04/L-194 and are based on adequately kept financial notes.

The Agency's financial reviews have been presented according to the cash-based accounting principle and included cash-based accounts, payable accounts and accounting obligations as only a display in the financial mirrors of the Trust Fund. All the financial data of admissions and payments that have been submitted to these notes are from the NS bank accounts the Agency manages and manages at the Central Bank of Kosovo.

The banking situation until 31 December 2018 has been 388m and 115 thousand euros. Inflows from privatisations realised during the past year were 18m and 138 thousand euros, while revenues from the lease amounted to 6.2m euros. Total revenues made up of tenancy have reached 38.8m euros. Paying for social enterprise workers through 20 %s during 2018 has been realised about 7m euros, while the total distribution of 20 % for legitimate workers is 126.2m euros. NSh creditors have been paid in the amount of 2.4m euros this year, while the total amount distributed to creditors is over 26m euros, while the funds transferred to the Kosovo budget this year are 86.1m euros, while totaled in the state budget of 176.7m euros.

Reports of the annual Financial Mirrors AKP have published and can be found on the web site: www.pak-x.orgAddress book “Report”

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