Liabilities
Liabilities are to be taken up in a manner corresponding to the treatment of
accounts receivable. However, liabilities with a remaining term of 12 months or
more at balance sheet date must be discounted at an annual rate of 5.5%, unless
they are either interest-bearing (at any rate) or result from payments in
advance, or on account, of services rendered.
EU Forecast
euf:ba18e:156/nws-01