Companies (Summary Financial Statement) Regulations (Northern Ireland) 1996

Summary balance sheet: companies not required to prepare group accounts

6.—(1) The summary financial statement shall contain, in the case of a company the directors of which are not required to prepare group accounts for the financial year, a summary balance sheet which shall show, in so far as they may be derived from the full balance sheet, the items, or combinations of items, set out in sub-paragraph (2) in the order of that sub-paragraph and under such headings as the directors consider appropriate.

(2) The items, or combinations of items, referred to in sub-paragraph (1) are—

(a) investments:

• the aggregate of items C and D under the heading “ASSETS”;

(b) reinsurers' share of technical provisions:

• item Da under the heading “ASSETS”;

(c) other assets:

• the aggregate of items A or E(IV), B, E(I) to (III), F and G under the heading “ASSETS”;

(d) total assets under the heading “ASSETS”;

(e) capital and reserves:

• item A under the heading “LIABILITIES”;

(f) subordinated liabilities:

• item B under the heading “LIABILITIES”;

(g) fund for future appropriations:

• item Ba under the heading “LIABILITIES”;

(h) gross technical provisions:

• the aggregate of items C.1(a), C.2(a), C.4(a), C.3(a), C.5, C.6(a) and D(a) under the heading “LIABILITIES”;

  (i)

  technical provisions — reinsurance amounts:

• the aggregate of items C.1(b), C.2(b), C.3(b), C.4(b), C.6(b) and D(b) under the heading “LIABILITIES”;

(j) other liabilities:

• the aggregate of items E, F, G and H under the heading “LIABILITIES”: and

(k) total liabilities under the heading “LIABILITIES”.