Annual Report 2010 03 August 2011 - Banka Qendrore e ...

Central Bank of the Republic of Kosovo
Notes to the financial Statement
(in thousands of EUR, unless otherwise stated)
19. Other domestic liabilities (continued)
The movement in deferred grant revenue was as follows:
Ministry of Finance (ICU
Portfolio)
World
Bank ECB Total
Deferred grant revenue at 1 January 2009 - - - -
Grants received during the year 33 - - 33
Grant revenue for the year (24) - - (24)
Grant reconciliation from previous years - - - -
Deferred grant revenue at 31 December 2009 9 - - 9
Deferred grant revenue at 1 January 2010 9 - - 9
Grants received during the year 12 10 31 53
Grant revenue for the year (16) (10) (31) (57)
Grant reconciliation from previous years - - -
Deferred grant revenue at 31 December 2010 5 - - 5
20. Statutory fund
The CBK statutory fund as at 31 December 2010 is EUR 30,000 thousand as per Law no. 03/L-209 approved
on 22 July 2010. The CBK statutory fund as at 31 December 2009 was EUR 30,000 as per the replaced CBK
Law no. 03/L-074.
CBK reports directly to the Assembly of Kosovo. CBK capital is not subject to encumbrances.
21. Reserve fund
The level of the reserve fund is regulated by Law no. 03/L-209 on the Central Bank of the Republic of
Kosovo. The profit of each financial year is allocated as described in note 4 (f) in accordance with this law.
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