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(1) The statement of account shall comprise a statement of operating results based on a bill of income and expenditure in compliance with the provisions of this Law, a related asset and liability statement and an explanatory part. Taking into consideration the principles of proper bookkeeping, it shall provide information in accordance with the actual conditions on the origin and use of funds and on the party's assets.
(2) The regulations of commercial law which apply to all merchants and which govern the rendering of accounts, especially the assessment and valuation of assets, shall apply mutatis mutandis, unless specified otherwise in this Law. The accounting documents, account books, balance sheets and statements of account must be stored for ten years. The period of storage shall commence at the end of the accounting year.
(3) The statement of account of the whole party shall incorporate separate statements of account for the party's national branch and the Land branches as well as statements of account of the subordinate regional branches of each Land branch. Land branches and their subordinate regional branches shall attach to their statements of account a complete list of all donations received, together with the names and addresses of the donors. The national branch shall compile these lists to determine the annual total amount of donations by each donor. The Land branches shall keep the statements of account of their subordinate regional branches together with their own accounting documents.
(4) The bill of income shall include:
1. Membership fees
2. Deputy fees and similar regular contributions
3. Donations from natural persons
4. Donations from legal entities
5. Income from entrepreneurship and participations
6. Income from other assets
7. Income from organized events, distribution of printed material and publications and other activities associated with income
8. State funds
9. Other income
10.Grants from party branches
11.Gross income from items 1 to 10.
(5) The bill of expenditure shall include:
1. Personnel expenditure
2. Operating expenditure
a) for day-to-day business
b) for general political work
c) for election campaigns
d) for the management of assets, including any interest accruing therefrom
e) other interest
f) other expenditure.
3. Grants to party branches
4. Gross expenditure for items 1 to 3.
(6) The asset and liability statement shall comprise:
1. Property assets
A. Capital assets:
I. Fixed assets
1. Property in the form of houses and real estate
2. Office equipment
II. Financial assets
1. Participations in companies
2. Other financial assets
B. Working capital:
I. Claims on party branches
II. Claims under the state partial funding program
III. Monetary assets
IV. Other assets
C. All property assets (total of A and B)
2. Debits
A. Reserve funds:
I. Pension obligations
II. Other reserve funds
B. Liabilities
I. Liabilities towards party branches
II. Reimbursement obligations under the state partial funding program
III. Liabilities towards banking institutions
IV. Liabilities towards other lenders
V. Other liabilities
C. Gross debits (total of A and B)
3. Net assets (positive or negative)
(7) An explanatory part shall be appended to the asset and liability statement which must comprise in particular the following items:
1. a list of the participations in companies as specified in Paragraph 6, no. 1 A II 1, as well as of the companies' direct and indirect participations as recorded in their annual accounts, stating in each case the name and address and the share and amount of nominal capital; the list must further indicate the share of the capital, the equity capital and the results recorded by the companies in the last business year for which annual accounts are available. Information on the participations listed in the companies' annual accounts shall be given as contained in the annual accounts. Participations
within the meaning of the present law are shares as defined in Article 271 (1) of the Commercial Code;
2. designation of the main products of media enterprises, if participations in such enterprises
exist;
3. at five-year intervals, a valuation of the property in the form of houses and real estate and of the participations in companies in accordance with the Valuation Law (property in the form of houses and real estate pursuant to Article 145 f. of the Valuation Law).
(8) The statement of account must show the total amount of bestowals made by natural persons up to 3,300 euros per person as well as the total amount of bestowals made by natural persons which exceed the amount of 3,300 euros separately.
(9) The statement of account shall be preceded by a summary covering the following items:
1. Income of the whole party in accordance with Paragraph 4, nos. 1 to 9, and their total
2. Expenditure of the whole party in accordance with Paragraph 5, nos. 1 and 2, and their total
3. Surplus or deficit
4. Property assets of the whole party in accordance with Paragraph 6, no. 1 A I and II and B II to IV, and their total
5. Debit items of the whole party in accordance with Paragraph 6, no. 2 A I and B II to IV, and their total
6. Net assets of the whole party (positive or negative)
7. Gross income, gross expenditure, surpluses or deficits as well as net assets of the three organizational levels - national branch, Land branches and their subordinate regional branches.
In addition to the absolute figures for Numbers 1 and 2, the percentage rate of the income sum pursuant to Number 1 and of the expenditure sum pursuant to Number 2, respectively, must be indicated. The relevant figures for the preceding year must be indicated for the purpose of comparison.
(10) The number of members as of 31 December of the accounting year must be indicated.
(11) The party may attach additional explanations to the statement of account.
(12) Public grants appropriated for political youth organizations shall not count towards the absolute upper limit. They must be indicated in a party's statement of account for information purposes but shall not be included in its bill of income and expenditure.