| Term used in
UK annual report |
US equivalent or definition |
| Accounts |
Financial statements |
| Associates |
Equity investees |
| Capital allowances |
Tax depreciation |
| Capital redemption reserve |
Other additional capital |
| Finance lease |
Capital lease |
| Financial year |
Fiscal year |
| Freehold |
Ownership with absolute rights
in perpetuity |
| Gearing |
Leverage |
| Inland calls |
Local and long-distance calls |
| Interests in associates and
joint ventures |
Securities of equity investees |
| Loans to associates and joint
ventures |
Indebtedness of equity investees
not current |
| Own work capitalised |
Costs
of labour engaged in the construction of plant and
equipment for internal use |
| Provision for doubtful debts |
Allowance for bad and doubtful
accounts receivable |
| Provisions |
Long-term liabilities other
than debt and specific accounts payable |
| Statement of recognised income
and expense |
Comprehensive income |
| Reserves |
Shareholders’ equity other
than paid-up capital |
| Share premium account |
Additional paid-in capital
or paid-in surplus (not distributable) |
| |
|
