Term used in Annual Report

Accounts

US equivalent or brief description

Financial statements

Acquisition accounting

Purchase accounting

Allotted

Issued

Borrowings

Debt

Called up share capital

Common stock issued and fully paid

Capital allowances

Tax depreciation allowances

Trade payables

Accounts payable

Trade receivables

Accounts receivable

Finance lease

Capital lease

Financial year

Fiscal year

Freehold

Ownership with absolute rights in perpetuity

Freehold land

Land owned

Group financial statements

Consolidated financial statements

Joint venture

Equity investment

Merger accounting

Pooling of interests

Net asset value

Book value

Operating profit

Net operating income

Pension scheme

Pension plan

Profit

Income (or earnings)

Profit for the year

Net income

Provision for doubtful debts

Allowance for bad and doubtful accounts receivable

Provisions

Long-term liabilities other than debt and specific accounts payable

Reconciliation of movements in total equity

Statement of changes in stockholders’ equity

Equity reserves

Stockholders’ equity other than common stock

Share capital

Ordinary shares, capital stock or common stock issued and fully paid

Share premium account

Additional paid-in capital relating to proceeds of sale of stock in excess of par value or paid-in surplus (not distributable)