Information of the Czech National Bank on a Change in the Structure of the CNB Ten-Day Balance Sheet from 1 January 2002

Under Article 48(5) of Act No. 6/1993 Coll. on the CNB, the Czech National Bank: "shall produce and publish every ten days a report on its financial position". This obligation is met by publishing a ten-day balance sheet on the CNB website ( and by providing it to all significant press agencies.

The breakdown and content of the items and the scope of the data published are not governed by any CNB legal regulation. They are set by the bank in such a way that the CNB balance sheet items are comparable with those of other central banks. The present structure thus corresponds more closely to the balance sheet format used in the Eurosystem.

The recording of currency in circulation has been changed (starting with the first balance sheet for 2002). The CNB will record currency in circulation net of the bank's cash account balance. Separate recording of "Cash" under balance sheet assets will meanwhile be cancelled. In addition, the line "Domestic securities issued" will be omitted from liabilities because, starting with 1999, the CNB in compliance with international accounting standards records issued securities offset by repurchased securities. Further to Act No. 218/2000 Coll. on Budgetary Rules, the items "Current result of the Treasury", "Other liabilities to the State" and "Other receivables from the State" have been changed.

Hitherto, the current balance sheet has been published together with the previous balance sheet. The previous ten-day balance sheet will now be replaced with the item "Difference compared with the previous ten-day balance sheet".

  • The balance sheet as of 31 December 2001 is published in the same structure as in 2001 and simultaneously also in the new form.
  • The balance sheet as of 31 January 2002 relative to the end of 2001 is in the modified structure.
  • The data as of 31 December 2001 are preliminary and have not yet been verified by the external auditor.

Alice Frišaufová
CNB spokesperson