Term used in Annual Report |
US equivalent or brief description |
|---|---|
| Accounts | Financial statements |
| Acquisition accounting | Purchase accounting |
| Allotted | Issued |
| Associate | Equity investment |
| Borrowings | Debt |
| Called up share capital | Common stock issued and fully paid |
| Capital allowances | Tax depreciation allowances |
| Creditors | Accounts payable |
| Debtors | Accounts receivable |
| Equity shareholders' funds | Shareholders' equity |
| Finance lease | Capital lease |
| Financial year | Fiscal year |
| Fixed asset investments | Non-current investments |
| Freehold | Ownership with absolute rights in perpetuity |
| Freehold land | Land owned |
| Group accounts | Consolidated financial statements |
| Interest payable | Interest expense |
| Interest receivable | Interest income |
| 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 and loss account | Income statement |
| Profit and loss account reserve | Retained 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 shareholders' funds |
Statement of changes in stockholders' 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) |
| Stocks | Inventories |
| Tangible fixed assets | Property, plant and equipment |
| Turnover | Revenues |