SCHEDULES
SCHEDULE 9AForm and Content of Accounts of Insurance Companies and Groups
PART 1INDIVIDUAL ACCOUNTS
Additional information to be provided
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1
This paragraph applies where the amounts to be included in respect of assets covered by any items shown in a company's accounts have been determined in accordance with paragraph 22 or 23.
2
The items affected and the basis of valuation adopted in determining the amounts of the assets in question in the case of each such item shall be disclosed in a note to the accounts.
3
The purchase price of investments valued in accordance with paragraph 22 shall be disclosed in the notes to the accounts.
4
In the case of each balance sheet item valued in accordance with paragraph 23 either—
a
the comparable amounts determined according to the historical cost accounting rules (without any provision for depreciation or diminution in value); or
b
the differences between those amounts and the corresponding amounts actually shown in the balance sheet in respect of that item,
shall be shown separately in the balance sheet or in a note to the accounts.
5
In sub-paragraph (4), references in relation to any item to the comparable amounts determined as there mentioned are references to—
a
the aggregate amount which would be required to be shown in respect of that item if the amounts to be included in respect of all the assets covered by that item were determined according to the historical cost accounting rules; and
b
the aggregate amount of the cumulative provisions for depreciation or diminution in value which would be permitted or required in determining those amounts according to those rules.