The Friendly Societies (Accounts and Related Provisions) Regulations 1994

Prospective

PART I U.K. BALANCE SHEET FORMAT

ASSETS U.K.

A.    Intangible assets U.K.

1. Development costs

2. Concessions, patents, licences, trade marks and similar rights and assets (1)

3. Goodwill (2)

4. Payments on account

Commencement Information

I1 Sch. 2 Pt. I(crossheading)(assets_paragraph)(A) in force at 1.9.1994, see reg. 1

B.    Investments U.K.

I. Land and buildings (3)

II. Investments in associated bodies

1. Investments in subsidiaries

(a) Shares

(b) Loans

2. Investments in jointly controlled bodies

(a) Shares

(b) Loans

3. Significant investments in other associated bodies (4)

(a) Shares

(b) Loans

III. Other financial investments

1. Shares and other variable-yield securities and units in unit trusts

2. Debt securities and other fixed income securities (5)

3. Participation in investment pools (6)

4. Loans secured by mortgages (7)

5. Other loans (7)

6. Deposits with credit institutions (8)

7. Other (9)

IV. Deposits with ceding undertakings (10)

Commencement Information

I2 Sch. 2 Pt. I(crossheading)(assets_paragraph)(B) in force at 1.9.1994, see reg. 1

C.    Assets held to cover linked liabilities (11) U.K.

Commencement Information

I3 Sch. 2 Pt. I(crossheading)(assets_paragraph)(C) in force at 1.9.1994, see reg. 1

D.    Reinsurers' share of technical provisions (12) U.K.

1. Provision for unearned premiums

2. Long term business provision

3. Claims outstanding

4. Provisions for bonuses and rebates

5. Other technical provisions

6. Technical provisions for unit-linked liabilities

Commencement Information

I4 Sch. 2 Pt. I(crossheading)(assets_paragraph)(D) in force at 1.9.1994, see reg. 1

E.    Debtors (13) U.K.

I. Debtors arising out of direct insurance operations

1. Members or policyholders

2. Intermediaries

II. Debtors arising out of reinsurance operations

III. Other debtors

Commencement Information

I5 Sch. 2 Pt. I(crossheading)(assets_paragraph)(E) in force at 1.9.1994, see reg. 1

F.    Other assets U.K.

I. Tangible assets

1. Fixtures, fittings, tools and equipment

2. Payments on account (other than deposits paid on land and buildings) and assets (other than buildings) in course of construction

II. Stocks

1. Raw materials and consumables

2. Work in progress

3. Finished goods and goods for resale

4. Payments on account

III. Cash at bank and in hand

IV. Other (14)

Commencement Information

I6 Sch. 2 Pt. I(crossheading)(assets_paragraph)(F) in force at 1.9.1994, see reg. 1

G.    Prepayments and accrued income U.K.

I. Accrued interest and rent (15)

II. Deferred acquisition costs (16)

III. Other prepayments and accrued income

Commencement Information

I7 Sch. 2 Pt. I(crossheading)(assets_paragraph)(G) in force at 1.9.1994, see reg. 1

LIABILITIES U.K.

A.    Reserves U.K.

I. Revaluation reserve

II. Reserves provided for by the rules and tables

III. Other reserves

Commencement Information

I8 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(A) in force at 1.9.1994, see reg. 1

B.    Subordinated liabilities (17) U.K.

Commencement Information

I9 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(B) in force at 1.9.1994, see reg. 1

Ba.    Fund for future appropriations (18) U.K.

Commencement Information

I10 Sch. 2 para. Ba in force at 1.9.1994, see reg. 1

C.    Technical provisions U.K.

1. Provision for unearned premiums (19)

(a) gross amount

(b) reinsurance amount (12)

2. Long term business provision (19)(20)(24)

(a) gross amount

(b) reinsurance amount (12)

3. Claims outstanding (21)

(a) gross amount

(b) reinsurance amount (12)

4. Provision for bonuses and rebates (22)

(a) gross amount

(b) reinsurance amount (12)

5. Other technical provisions (23)

(a) gross amount

(b) reinsurance amount (12)

Commencement Information

I11 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(C) in force at 1.9.1994, see reg. 1

D.    Technical provisions for linked liabilities (24) U.K.

(a) gross amount

(b) reinsurance amount (12)

Commencement Information

I12 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(D) in force at 1.9.1994, see reg. 1

E.    Provisions for other risks and charges U.K.

1. Provisions for pensions and similar obligations

2. Provisions for taxation

3. Other provisions

Commencement Information

I13 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(E) in force at 1.9.1994, see reg. 1

F.    Deposits received from reinsurers (25) U.K.

Commencement Information

I14 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(F) in force at 1.9.1994, see reg. 1

G.    Creditors (26) U.K.

I. Creditors arising out of direct insurance operations

II. Creditors arising out of reinsurance operations

III. Debenture loans (27)

IV. Amounts owed to credit institutions

V. Other creditors including taxation and social security

Commencement Information

I15 Sch. 2 Pt. I(crossheading)(liabilities_paragraph)(G) in force at 1.9.1994, see reg. 1

H.    Accruals and deferred income U.K.

Commencement Information

I16 Sch. 2 para. H in force at 1.9.1994, see reg. 1