| 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 |
|
|
| Interests in associates
and joint ventures |
Securities of equity
investees |
|
|
| Leaver costs |
Termination benefits |
|
|
| 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) |
|
|
