Financial statements have been prepared in accordance with LPFMA no.03/L-048 as amended by Law no.03/L-221, Law no.04/L-116 and Law no.04/L-194 as well as in accordance with the IPSAS under the cash basis of accounting - Financial Reporting under the Cash Based Accounting. Notes to financial statements form an integral part in understanding statements and should be read together with and in relation to the statements.

Content

Abbreviations

Statement of receipts and payments in cash for the Government of Kosovo

Consolidated statement for comparison of the budget with the execution for the Government of Kosovo

Consolidated statement of assets in cash and balance of funds for the Government of Kosovo

Notes to the Financial Statements

Note 1 Summary of important accounting policies

Note 1.1 Basis for preparation

Note 1.2 Accounting policies

Note 1.3 Reporting entity

Note 1.4 Third party payments

Note 1.5 Cash

Note 1.6 Return of outflows(payments from previous year

Note 1.7 Reporting currency

Note 1.8 Reporting amounts

Note 1.9 Date of authorisation

Note 2 Corporate Income Tax

Note 3 Personal Income Tax

Note 4 Property tax

Note 5 Other direct taxes

Note 6 Value Added Tax

Note 7 Customs duties

Note 8 Excise tax

Note 9 Other Indirect Taxes

Note 10 Tax returns

Note 11 Taxes, charges and others from BOs-Central Government

Note 12 Taxes, charges and others from BOs-Local Government

Note 13 Concession tax

Note 14 Royalty

Note 15 Revenues from dividend

Note 16 External state borrowing

Note 17 Internal state borrowing

Note 18 Donor Designated Grants

Note 19 Deposit Funds

Note 20 Return of loans by Publicly Owned Enterprises

Note 21 Dedicated revenues

Note 22 PAK one-off financing

Note 23 Wages and Salaries

Note 24 Goods and Services

Note 25 Utilities

Note 26 Subsidies and transfers

Note 27 Capital Expenditures

Note 28 Debt servicing

Note 29 Membership fee to IFIs

Note 30 Returns from Deposit funds

Note 31 Cash

Note 32 Budget Comparisons

Note 33 Funds in Central Bank of Kosovo

Note 34 Development Trust Fund

Note 35 Cash in transit

Note 36 Accounts of Embassies to the Republic of Kosovo

Note 37 Cash (safe deposits)

Note 38 Donor Designated Grants

Note 39 Own Source Revenues

Note 40 Development Trust Fund

Note 41 Dedicated revenues

Note 42 Other funds

Budget deficit report

ANNEX 1 Comparison of budget appropriations 2017

ANNEX 2 Expenditures by Budget Organizations

ANNEX 3 Report on donor designated grants 2017

ANNEX 4 Own source revenues to be carried forward

ANNEX 5 Borrowings for Publicly Owned Enterprises

ANNEX 6 Report on non-financial assets for budget organizations with value over 1000€

ANNEX 7 Report on non-financial assets for budget organizations with value less than 1000€

ANNEX 8 Report on stocks of budget organizations

ANNEX 9 Report on receivables

ANNEX 10 Report on outstanding liabilities per budget organizations

ANNEX 11 Cash in transit

ANNEX 12 Data on transfers from reserve fund

ANNEX 13 Data on employment

ANNEX 14 Report on employees outside Payroll list

ANNEX 15 Report on employees under special service contract

ANNEX 16 Report on payments under article 39.2 of LPFMA

ANNEX 17 Report on payments by court decisions

ANNEX 18 Disclosure of the State Debt