Layoff provision

TOTAL COST (excluding contingencies)

TOTAL COST (including contingencies)

Provision for future expenditure ( )

Total cost (excluding contingencies) EUR 1786000

Total cost (including contingencies) EUR 1841000.

PROVISION FOR FOREIGN EXCHANGE RATE , INTEREST RATE AND GOLD PRICE RISKS

Provision for foreign exchange rate , interest rate and gold price risks

Provision for foreign exchange rate, interest rate and gold price risks

Provision for foreign exchange rate, interest rate and gold price risks

The provision shall be equivalent to the relevant NCB 's share in the total amount of the provision calculated using the issue key .

Its size will be reviewed annually .

Its size is reviewed annually .

The size of the provision is reviewed annually .

Its size is reviewed annually.

Its size will be reviewed annually.

The size of the provision is reviewed annually.

The size of this provision is reviewed annually.

Logistical support for trade mark processing newed) without having recourse to a Com munity subsidy.

(b) Options other than the establishment of the contingent liability reserve for the United Nations Postal Administration

Contingent liability reserve for the United Nations Postal Administration

The difference between this amount and the value of the LTS assets was booked as a provision for commitments arising from the transfer agreement.

Alternatively, the setting aside of some allowances in a reserve to be allocated for free (for some sectors) could be continued.

The ECB earned a surplus of 1,894 million in 2011, compared with a surplus of 1,334 million in 2010.

The ECB earned a surplus of 2,164 million in 2012, compared with a surplus of 1,894 million in 2011.

The size of and the continuing requirement for this provision are reviewed annually.

The size of and the continuing requirement for this provision are reviewed annually.

Article 5.8.0 Transfer the amount entered on this budget line, i.e. 974700000 EUA to the reserve in Chapter 1.0.0 provisional appropriations

( c ) Each NCB shall establish a provision for withdrawn euro banknotes that are still expected to be exchanged .

Article 16(2) This concerns the discounting of non life technical provisions.

Decrease by 9 250 000 EUA the appropriation against Article 1000 'Reserve'

a contingency reserve of not more than 5 of eligible direct costs.

The ECB 's Governing Council may establish a provision for such risks in the balance sheet of the ECB .

Delete the following sentence from the remarks 'This reserve also covers appropriations relating to new, frozen posts (1500000)'.

I note with pleasure that the gratifying development which has become evident in the trend of EAGGF Guarantee Section expenditure in recent years is once again reflected in the appropriations proposed for 1983.

The ECB s Governing Council may establish a provision for such risks in the balance sheet of the ECB.

Article 6 Composition of the balance sheet The composition of the balance sheet shall be based on the structure set out in Annex I. M4 Article 7 Provision for foreign exchange rate , interest rate , credit and gold price risks Taking into due consideration the nature of the ECB 's activities , the Governing Council may establish a provision for foreign exchange rate , interest rate , credit and gold price risks in the balance sheet of the ECB .

The latter was the case in 2008, due to the decision by the Governing Council to transfer approximately 1.0 billion out of the ECB s income on euro banknotes in circulation to this provision.

The purpose of the risk provision is to cover foreign exchange rate, interest rate, credit and gold price risks.

1 million is transferred to this line from the contingency reserve.

At the end of each year of application of this Convention this appropriation shall be restored to its initial level.

The latter was the case in 2008 , due to the decision by the Governing Council to transfer approximately Euros 1.0 billion out of the ECB 's income on euro banknotes in circulation to this provision .

1 The adjustment in the risk provision of 35 million results from fluctuations in central banks shares of the ECB s capital and the fact that the risk provision cannot exceed its capital.

(k) future benefits directly linked to the event giving rise to the provision shall be taken into account.

In addition, a contingency reserve of about 3 of eligible costs (EUR 55000) is included.