Economic plan
Economic plans are the management basis for state companies and state companies if they do not operate according to the income and expenditure of a budget ( cameralistics ).
For the state companies, the business plan is defined in the respective state budget regulations of the federal states and in the associated administrative regulations. The state of the administrative regulations is currently still very different in the countries. It is uniformly regulated that the business plan consists of
- the success plan and
- the financial plan
consists. In some cases, it is still regulated that a management report is to be prepared, which incidentally also results from the provisions of the Commercial Code (HGB).
The business plan is initially to be seen as a planning instrument, the result of which is incorporated into the respective budget . In this, the individual budget items ( titles ) are no longer estimated, but the addition or acceptance amount that results from the business plan of the company. The economic plans are usually part of the budget and become law at the state level with the decision of the budget.
After the end of the financial year , the companies are requested to submit a budget-actual comparison of the business plan in addition to the annual financial statements customary in the HGB .
The success plan
The profit plan is structured like the income statement (P&L). It therefore contains all (planned) expenses and income of the company. The first problems arise, however, since the income statement according to the provisions of the German Commercial Code (HGB) contains items that are not provided for in household cameralistics. These include depreciation , value adjustments and deferred positions.
The financial plan
The finance plan shows the investments and other items of the capital requirement as well as the available cover funds. The financial plan is thus similar to a balance sheet (as a balance sheet for the financial year ), but without showing its completeness.
The desire to create a consistent correspondence between the business plan and the P&L or balance sheet has occasionally (e.g. Lower Saxony ) led to the expansion of the financial plan to all items on a balance sheet, to a reconciliation of the items in the P&L that do not result in a cash flow . these are
- Income from the profit plan that does not lead to income (e.g. own work capitalized)
- Expenses of the profit plan that do not result in expenses (e.g. depreciation)