PRU-EPRS 1.25 PRU-EPRS 1.25 Instructional Guidelines — Form B130 — Provisions for Impairment
Form B130 is intended to capture the information regarding the provisions for impairment of assets of an
This form is applicable to
Authorised Firmscategorised under prudential categories 1 and 5.
The information reported covers movement in the specific and general provisions in respect of various categories of assets such as mortgage loans, non-mortgage loans, Deposits with the
Financial Institutions, Securities and Off-Balance sheet items.Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]
PRU-EPRS 1.25 Instructional Guidelines
All figures relating to income statement items, other expense accounts, volumes, activity levels, number of accounts or units sold/traded and any other data relating to amounts invested / deposited except outstanding balances in any of the quarterly returns should correspond to the current reporting period (quarter) and not cumulative or year-to-date amounts.
Item Instructional Guidelines Opening Balance Report the provisions as at the end of the previous period. Charge from Profit and Loss The additional provisions that management considers adequate to reduce the recorded investment in the firm's books net of other movements. The amount of provisions should be the same as recorded on the profit and loss statement. Write offs The reduction of provisions due to a write off of the corresponding investment. Recoveries The increase of provisions due to funds recovered from an investment that had previously been written off. Other Include and specify any other credit related adjustments to provisions occurring during the period. Closing Balance This item is calculated by EPRSas the opening balance adjusted by the items in 'Charge from P&L", 'Write offs, 'Recoveries' and 'Other adjustments'Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]