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Annual Report and Accounts 2006/07

Glossary of terms

Terms used in Annual Report & Accounts

US equivalent or brief description

Accounts Financial statements
Allotted Issued
Bank loans/loan notes Long term debt
Capital allowances
 
Tax term equivalent to US tax depreciation allowances
Cash at bank and in hand Cash and cash equivalents
Creditors Payables
Debtors Receivables
Finance expense Interest expense
Finance income Interest income
Finance lease Capital lease
Freehold Ownership with absolute rights in perpetuity
Like for like sales Same store sales at constant exchange rates
Profit Income
Profit and loss account Income statement
Profit and loss account reserve Retained earnings
Profit attributable to shareholders Net income
Property, plant and equipment Property and equipment
Share capital Capital stock or common stock
Share option Stock option
Shareholders' funds Shareholders' equity/net assets
Share premium account
 
Additional paid-up capital or paid-in surplus (not distributable)
Shares in issue Shares outstanding
Stocks Inventories
Tangible fixed assets Property and equipment
Value Added Tax (VAT) UK sales tax