| 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 term equivalent to US tax depreciation allowances |
| |
| Creditors |
Accounts payable (or payables) |
| Debtors |
Accounts receivable (or receivables) |
| 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 equity |
Statement of changes in stockholders’ equity |
| shareholders’ funds |
| 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 (or sales) |
