p ac np eAeJIeHH Io' flp z uag.rrexaqeM o6oc Hosa HHrl AorycK aercfl rp HMeHeHr.reApyr'x r,noB KpLIBbrx paclpeAeJreH'fl BepoflTHocrefi. pacxoAoB npoBepflror AaHHbrMz QaxrrauecKux ua6nroaeuzt ;;--e"p;y;;; flo xpueofi o6ecneqeHHocru rreTHofo pacxoAa: faparrrn li rr arr norp aBKa BbrqIzcJIeHuofi eeraqHHbr t00%. onpeAeJrsroT Be,[Hr{HHy MaKCVMaJrbHOfo pac\ Qn: KpQ*u*., (lob) AQ<9,2Qr,. Pacqerstrfi o6r'eu croKa cHero- BO|O noJroBoAbfl HJIH AOX{AeBO|O na- BoAKa onpeAeJrflror no xpnnofi o6ec- IIerIeHHocuz o6teNaoe croKa IIo,'IoBo- Aufi unu rraBoAKoB aFraJrofnqr{o oitpe- AeJrer-rHro MaKCHMaJIbHbTX pacxoAoB. Onpe4ereuue pacuerHoio MaKclr- MyMa cMeuaHHoro npOHCXOXAeHT{fl. flpu oilpeAeJreHHH MaKcr4MaJrbHbrx pacxoAoB BoAbr, o6pasyroulvxcfl or coBMecrHoro 4ericreun cHeroraflHufl v AoxAeii (nanHefi), neo6xoAr4Mo Hcc/reAoBarb xone6a:aws pacxoAoB BOAbI KAX{AO|O BI4AA B OTACJIbHOCTI4 H BO3MOX(HbIC I]X COqCTAHV'1. Ec,rrn MaKCr,rMyMbr KalKAoro r4s AByx rr.rrroB ua6,ri.o4aiorcfl B pa3Hbre ce3orrbr rr rre cRasarrbr MC)r(Ay co6oii, To AJIrr orrpeAeJIctrrfl pac\erltor,i Be/'rr{- , qHHirI Mal(CHI\,Ia,'IbHOfO paCXOAa peKO- MeHAyercfl cJreAyroqufi upueu. IJa ocuoe aHHLr AaHHbrx ua6nrc,ue- ultfi crpoflr orAeJrbHo r{przByio o6ec- IIeTIeHHOCTII Mar{CLIMaJIbHbIX pacxo- AoB BeceHuero no,[oBoAbrr (prrc. 28, tt) H Kpr4Byro o6ecneqeHHocru JTeTHHX nusHefr (puc. 28, 6). Paccvorpuna xarort-un6yat pac- xoA Q, xoroplrri secHori r4Meer o6ec- leqeHuocrb pr a JreroM pz. Ey4eivr sa6,unAars [peBbrrxeHr4e pacxoAa B cpeAHeM 3a BpeMs pt*pz. OAnaxo vrs o6rqero qlrcJra c,[yqaeB, KorAa xaw-oft-nvt6o uz MaKcr4Myvroe (uanpn- m n+ IJ - '---i-i ' n+l rne !p - opAHHara KpHBofi o6ecneqeHHocrr{. JHarIeHHe pacqerHofi o6ecneqeHHocrlt npr.IHaMaror B BaBHcHMocrLI orKJracca KanuTaJr,bHocrr,r coopyx(eHur (crur. ia6n. 4).3a xpureprafi Aocraroqsb f, gnnrenbHocrr.r prAa na6nroAeHurl ilpprHr.r-MaFor ycJroBHe, qro, f apaHrmfirs.an norpaBr{a A Q npH xoeo$raune"re a: IHe npeBbtwaer 20%o or Be,,'IHrrHr{br pacqerFrofo rraaxiuuynaa, ro ecrl (166) AQ: # 0,, rle Qr- pacueruufi MaKcuMa,rrHrrrl pacxoA; r' p - :lT:l *,'Ib H afl cp eAHeKBaAp arH r{ecKas o,lirvt6xaopAu H arbr xp n nofiooecneqeHFrocrr.r, orpeAeJrfleMas no rpaQuxy (pub. 27) a saBHcH-Mocrr.r or pacqerHoft o6ecneqeHHocrz-u i