PRU-EPRS 1.25 Instructional Guidelines

Past version: effective from 16/12/2007 - 13/04/2013
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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 must 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 EPRS as 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]