SCHEDULE 2BANKING COMPANIES: COMPANIES ACT INDIVIDUAL ACCOUNTS

PART 1GENERAL RULES AND FORMATS

SECTION BTHE REQUIRED FORMATSM1

Annotations:
Marginal Citations
M1

A number in brackets following any item is a reference to the note of that number in the notes following the formats.

Profit and loss account formatsFormat 2

Horizontal layout

A.   Charges

1

Interest payable (2)

2

Fees and commissions payable (4)

3

Dealing losses (5)

4

Administrative expenses

a

Staff costs

i

Wages and salaries

ii

Social security costs

iii

Other pension costs

b

Other administrative expenses

5

Depreciation and amortisation (6)

6

Other operating charges

7

Provisions

a

Provisions for bad and doubtful debts (7)

b

Provisions for contingent liabilities and commitments (8)

8

Amounts written off fixed asset investments (11)

9

Profit on ordinary activities before tax

10

Tax on [profit] [loss] on ordinary activities

11

Profit on ordinary activities after tax

12

Extraordinary charges

13

Tax on extraordinary [profit] [loss]

14

Extraordinary loss after tax

15

Other taxes not shown under the preceding items

16

Profit for the financial year

B.   Income

1

Interest receivable (1)

1

Interest receivable and similar income arising from debt securities [and other fixed-income securities]

2

Other interest receivable and similar income

2

Dividend income

a

Income from equity shares [and other variable-yield securities]

b

Income from participating interests

c

Income from shares in group undertakings

3

Fees and commissions receivable (3)

4

Dealing profits (5)

5

Adjustments to provisions

a

Adjustments to provisions for bad and doubtful debts (9)

b

Adjustments to provisions for contingent liabilities and commitments (10)

6

Adjustments to amounts written off fixed asset investments (12)

7

Other operating income

8

Loss on ordinary activities before tax

9

Loss on ordinary activities after tax

10

Extraordinary income

11

Extraordinary profit after tax

12

Loss for the financial year