- Latest available (Revised)
- Original (As adopted by EU)
Council Directive of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions (86/635/EEC)
You are here:
What Version
Advanced Features
- Show Geographical Extent(e.g. England, Wales, Scotland and Northern Ireland)
- Show Timeline of Changes
Opening Options
More Resources
Revised version PDFs
- Revised 05/09/20060.11 MB
- Revised 17/07/20030.10 MB
- Revised 16/11/20010.10 MB
Legislation originating from the EU
When the UK left the EU, legislation.gov.uk published EU legislation that had been published by the EU up to IP completion day (31 December 2020 11.00 p.m.). On legislation.gov.uk, these items of legislation are kept up-to-date with any amendments made by the UK since then.
This item of legislation originated from the EU
Legislation.gov.uk publishes the UK version. EUR-Lex publishes the EU version. The EU Exit Web Archive holds a snapshot of EUR-Lex’s version from IP completion day (31 December 2020 11.00 p.m.).
Changes over time for: SECTION 5
Status:
EU Directives are published on this site to aid cross referencing from UK legislation. Since IP completion day (31 December 2020 11.00 p.m.) no amendments have been applied to this version.
SECTION 5U.K.LAYOUT OF THE PROFIT AND LOSS ACCOUNT
Article 26U.K.
For the presentation of the profit and loss account, the Member States shall prescribe one or both of the layouts provided for in Articles 27 and 28. If a Member State prescribes both layouts it may allow undertakings to choose between them.
[F1By way of derogation from Article 2(1) of Directive 78/660/EEC, Member States may permit or require all credit institutions, or any classes of credit institution, to present a statement of their performance instead of the presentation of profit and loss items in accordance with Articles 27 or 28, provided that the information given is at least equivalent to that otherwise required by those Articles.]
Textual Amendments
F1 Inserted by Directive 2003/51/EC of the European Parliament and of the Council of 18 June 2003 amending Directives 78/660/EEC, 83/349/EEC, 86/635/EEC and 91/674/EEC on the annual and consolidated accounts of certain types of companies, banks and other financial institutions and insurance undertakings (Text with EEA relevance).
Article 27U.K.Vertical layout
1.
Interest receivable and similar income, showing separately that arising from fixed-income securities
2.
Interest payable and similar charges
3.
Income from securities:
(a)
Income from shares and other variable-yield securities
(b)
Income from participating interests
(c)
Income from shares in affiliated undertakings
4.
Commissions receivable
5.
Commissions payable
6.
Net profit or net loss on financial operations
7.
Other operating income
8.
General administrative expenses:
(a)
Staff costs, showing separately:
wages and salaries
social security costs, with a separate indication of those relating to pensions
(b)
Other administrative expenses
9.
Value adjustments in respect of Assets items 9 and 10
10.
Other operating charges
11.
Value adjustments in respect of loans and advances and provisions for contingent liabilities and for commitments
12.
Value re-adjustments in respect of loans and advances and provisions for contingent liabilities and for commitments
13.
Value adjustments in respect of transferable securities held as financial fixed assets, participating interests and shares in affiliated undertakings
14.
Value re-adjustments in respect of transferable securities held as financial fixed assets, participating interests and shares in affiliated undertakings
15.
Tax on profit or loss on ordinary activities
16.
Profit or loss on ordinary activities after tax
17.
Extraordinary income
18.
Extraordinary charges
19.
Extraordinary profit or loss
20.
Tax on extraordinary profit or loss
21.
Extraordinary profit or loss after tax
22.
Other taxes not shown under the preceeding items
23.
Profit or loss for the financial year
Article 28U.K.Horizontal layout
A.
Charges
1.
Interest payable and similar charges
2.
Commissions payable
3.
Net loss on financial operations
4.
General administrative expenses:
(a)
Staff costs, showing separately:
wages and salaries
social security costs, with a separate indication of those relating to pensions
(b)
Other administrative expenses
5.
Value adjustments in respect of Assets items 9 and 10
6.
Other operating charges
7.
Value adjustments in respect of loans and advances and provisions for contingent liabilities and for commitments
8.
Value adjustments in respect of transferable securities held as financial fixed assets, participating interests and shares in affiliated undertakings
9.
Tax on profit or loss on ordinary activities
10.
Profit or loss on ordinary activities after tax
11.
Extraordinary charges
12.
Tax on extraordinary profit or loss
13.
Extraordinary loss after tax
14.
Other taxes not shown under the preceding items
15.
Profit for the financial year
B.
Income
1.
Interest receivable and similar income, showing separately that arising from fixed-income securities
2.
Income from securities:
(a)
Income from shares and other variable-yield securities
(b)
Income from participating interests
(c)
Income from shares in affiliated undertakings
3.
Commissions receivable
4.
Net profit on financial operations
5.
Value re-adjustments in respect of loans and advances and provisions for contingent liabilities and for commitments
6.
Value re-adjustments in respect of transferable securities held as financial fixed assets, participating interests and shares in affiliated undertakings
7.
Other operating income
8.
Profit or loss on ordinary activities after tax
9.
Extraordinary income
10.
Extraordinary profit after tax
11.
Loss for the financial year
Options/Help
Print Options
PrintThe Whole Directive
PrintThis Section only
Legislation is available in different versions:
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As adopted by EU): The original version of the legislation as it stood when it was first adopted in the EU. No changes have been applied to the text.
See additional information alongside the content
Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Opening Options
Different options to open legislation in order to view more content on screen at once
More Resources
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as adopted version that was used for the EU Official Journal
- lists of changes made by and/or affecting this legislation item
- all formats of all associated documents
- correction slips
- links to related legislation and further information resources
Timeline of Changes
This timeline shows the different versions taken from EUR-Lex before exit day and during the implementation period as well as any subsequent versions created after the implementation period as a result of changes made by UK legislation.
The dates for the EU versions are taken from the document dates on EUR-Lex and may not always coincide with when the changes came into force for the document.
For any versions created after the implementation period as a result of changes made by UK legislation the date will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. For further information see our guide to revised legislation on Understanding Legislation.
More Resources
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
- the original print PDF of the as adopted version that was used for the print copy
- correction slips
Click 'View More' or select 'More Resources' tab for additional information including:
- lists of changes made by and/or affecting this legislation item
- confers power and blanket amendment details
- all formats of all associated documents
- links to related legislation and further information resources
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.