INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 1
LE_GISLAZZJONI SUSSIDJARJA 372.22
REGOLI DWAR INDI_CI TAT-TAXXA
DWAR INFORMAZZJONI FINANZJARJA
26 ta’ Lulju, 2002
L-AVVI_Z LEGALI 211 ta’ l-2002.
Titolu.
dwar Informazzjoni Finanzjarja.
Indi_ci tat-Taxxa 
dwar 
Informazzjoni 
Finanzjarja.
Kap. 372.
2. Kull persuna li g_haliha japplika l-artikolu 10(4) ta’ l-Att
dwar l-Amministrazzjoni tat-Taxxa g_handha tibg_hat id-dokumenti
me_htie_ga spe_cifikati fl-artikolu 19(4) ta’ l-imsemmi Att bl-
informazzjoni mi_gbura kif muri fl-indi_ci tat-taxxa dwar
informazzjoni finanzjarja li jidher fl-Iskeda:
Kap. 371.
Kap. 403.
I_zda dawn ir-regoli ma japplikawx g_hal trusts, kumpanniji
li mexxew kummer_c bankarju ta_ht l-Att dwar il-Kummer_c
Bankarju, u kumpanniji li mexxew kummer_c ta’ assigurazzjoni ta_ht
l-Att dwar il-Kummer_c ta’ l-Assigurazzjoni.
Perjodu transitorju.
g_handhom jintbag_htu sa u inklu_z il-31 ta’ Awissu, 2003. Matul dan
il-perjodu transitorju jkun a_c_cettabbli li ji_gu aggregati partiti ta’
spi_za fil-Kont ta’ Qlig_h u Telf ta_ht il-kodi_ci provvi_zorju 6996 _hlief
g_hal:
(i) provi_zjonijiet u partiti ta’ spi_za li ma jkunux
permessi jew li jkoll_hom b_zonn ta’ a_g_gustament
g_hall-finijiet ta’ taxxa; u
(ii) partiti ta’ spi_za li g_handhom ikun jissodisfaw
kull _htie_ga ta’ _zvelar statutorju.
2 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
SKEDA
(Regola 2)
Indi_ci tat-Taxxa dwar Informazzjoni Finanzjarja
BALANCE SHEET ITEMS
FIXED ASSETS
Code Item Description
1000 Intangible assets
1001 Accumulated amortisation of intangible assets
1002 Goodwill
1003 Accumulated amortisation of goodwill
1004 Formation expenses
1005 Accumulated amortisation of formation expenses
1006 Royalties, trademarks, paternts, rights, etc.
1007 Accumulated amortisation of royalties, trademarks, patents
1008 Research and development (capitalised)
1009 Accumulated amortisation of research and development
1198 Total Intangible assets
1199 Total accumulated amortisation of Intangible assets
TANGIBLE ASSETS
1200 Land and buildings
1201 Accumulated depreciation of land and buildings
1202 Land improvements
1203 Accumulated depreciation of land improvements
1204 Industrial buildings and structures
1205 Accumulated depreciation of industrial buildings and structures
1206 Non-industrial buildings
1207 Accumulated depreciation of non-industrial buildings
1208 Parking areas
1209 Accumulated depreciation of parking areas
1210 Buildings under construction
1300 Wasting assets 
1301 Accumulated depreciation of wasting assets
1302 Petroleum and natural gas properties
1303 Accumulated depreciation of petroleum and natural gas properties
1304 Deferred exploration and development charges
1305 Accumulated depreciation of deferred exploration and development
charges
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 3
1306 Quarries
1307 Accumulated depreciation of quarries
1350 Plant and machinery
1351 Accumulated depreciation of plant and machinery
1352 Motor vehicles
1353 Accumulated depreciation of motor vehicles
1354 Construction and excavating equipment
1355 Accumulated depreciation of construction and excavating equipment
1356 Production machinery and equipment
1357 Accumulated depreciation of production machinery and equipment
1358 Tools and dies
1359 Accumulated depreciation of tools and dies
1360 Catering Equipment
1361 Accumulated depreciation of catering equipment
1362 Cable Infrastructure
1363 Accumulated depreciation of Cable Infrastructure
1364 Pipeline Infrastructure
1365 Accumulated depreciation of pipeline infrastructure
1366 Communication and broadcasting equipment
1367 Accumulated depreciation of communication and broadcasting equipment
1368 Medical equipment
1369 Accumulated depreciation of medical equipment
1370 Lifts and escalators
1371 Accumulated depreciation of lifts and escalators
1372 Air-conditioners
1373 Accumulated depreciation of air-conditioners
1374 Equipment mainly designed or used for the production of water or
electricity
1375 Accumulated depreciation of equipment for the production of water or
electricity
1376 Electrical and plumbing installations and sanitary fittings
1377 Accumulated depreciation of electrical and plumbing installations and
sanitary fittings
1378 Exploration equipment
1379 Accumulated depreciation of exploration equipment
1380 Ships and vessels
1381 Accumulated depreciation of ships and vessels
1382 Shipping equipment
4 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
1383 Accumulated depreciation of shipping equipment
1384 Aircraft
1385 Accumulated depreciation of aircraft
1386 Machinery and equipment under construction
1387 Commercial vehicles
1388 Accumulated depreciation of commercial vehicles
1389 Computers and electronic equipment
1390 Accumulated depreciation of computers and electronic equipment
1391 Computer software
1392 Accumulated depreciation of computer software
1393 Furniture, fixtures, fittings and soft furnishings
1394 Accumulated depreciation of furniture, fixtures, fittings and soft
furnishings
1395 Other plant
1396 Accumulated depreciation of other plant
1397 Other machinery
1398 Accumulated depreciation of other machinery
1600 Other tangible assets
1601 Accumulated depreciation of other tangible assets
1602 Capital leases - buildings
1603 Accumulated depreciation of capital leases - buildings
1604 Capital leases - machinery and equipment
1605 Accumulated depreciation of capital leases - machinery and equipment
1606 Capital leases - vehicles
1607 Accumulated depreciation of capital leases - vehicles
1608 Capital leases - others
1609 Accumulated depreciation of capital leases - others
1610 Leasehold improvements
1611 Accumulated depreciation of leasehold improvements
1612 Capital assets under construction
1698 Total tangible assets
1699 Total accumulated depreciation of tangible assets
LONG TERM ASSETS
1700 Due from shareholder(s) and / or director(s)
1701 Due from individual shareholder(s)
1702 Due from corporate shareholder(s)
1703 Due from director(s)
1715 Due from members
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 5
1720 Due from joint venture(s) and / or partnership(s)
1730 Due from and / or investment in related parties
1731 Shares in local related companies
1732 Loans and / or advances to Maltese related companies
1733 Due from and / or investment in Maltese related parties
1734 Shares in foreign related companies
1735 Loans and / or advances to foreign related companies
1736 Due from and / or investment in foreign related parties
1740 Loans to third parties
1750 Soft loans
1760 Long-term investments
1761 Provision(s) for loss in value of investments
1762 Shares in local companies - Quoted
1763 Shares in local companies
1764 Shares in foreign companies
1765 Investment in joint venture(s) and / or partnership(s)
1766 Long term investments in local institutions
1767 Securities purchased under resale agreements
1768 Government of Malta debt
1769 Other Maltese investments
1770 Other foreign investments
1800 Other long-term assets
1801 Deferred unrealised exchange losses
1802 Other deferred items and / or charges
1803 Accumulated depreciation of deferred charges
1998 Total long-term assets
1999 Total Fixed Assets
CURRENT ASSETS
2000 Stocks
2001 Stock of finished goods
2002 Stock of goods held for resale
2003 Stock of raw materials
2004 Stock of parts and supplies
2005 Stock of properties
2006 Stock of securities
2007 Work in progress
2050 Accounts receivable
6 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
2051 Provision for doubtful accounts
2052 Trade debtors
2053 Provision for doubtful trade debtors
2054 Trade accounts receivable from related parties
2055 Provision for doubtful trade accounts receivable from related parties
2056 Interest receivable
2057 Holdbacks receivable
2058 Leases receivable
2059 Provision for doubtful amounts in leases receivable
2060 Subscriptions due from members (NPOs)
2100 Due from shareholder(s) and / or director(s) and related parties - current
portion
2101 Due from individual shareholder(s) - current portion
2102 Due from corporate shareholder(s) - current portion
2103 Due from individual director(s) - current portion
2104 Due from related parties - current portion
2105 Loans, advances and demand notes from related parties - current portion
2106 Interest receivable from related parties
2130 Due from third parties - current portion
2140 Customers’ liability under acceptances
2150 Cash at bank and in hand
2151 Deposits in Maltese banks and institutions - Maltese currency
2152 Deposits in Maltese banks and institutions - foreign currency
2153 Deposits in foreign banks
2154 Other cash like instruments
2155 Cash
2200 Other current assets
2201 Accrued investment income 
2202 Deferred income tax
2203 Income tax refundable
2204 VAT refundable
2205 Prepaid expenses, advances, tender deposits, etc.
2298 Total current assets
2299 Total assets*
CURRENT LIABILITIES
3000 Bank overdraft
3020 Short-term debt
3021 Corporate loans
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 7
3022 Local bank loan(s) - current portion
3023 Liability for securities sold short
3024 Liability for securities sold under repurchase agreements
3040 Current portion of long term liability
3050 Bankers’ Acceptances
3080 Deferred income - current portion
3100 Amounts payable and accrued liabilities
3101 Trade creditors
3102 Trade accounts payable to related parties
3103 Holdbacks payable
3104 Wages and salaries payable
3105 Management fees payable
3106 Withholding taxes payable
3107 Interest payable
3108 Amounts payable to members of NPOs
3200 Taxes, licences and fees payable
3201 CIR - Corporation Tax payable
3202 CIR - FSS and SSC payable
3203 VAT payable
3204 Registrar of Companies - Registration fee
3205 Licences payable
3206 Fees payable
3300 Due to shareholder(s) and / or director(s) and / or related parties
3301 Short-term loans and / or advances due to individual shareholder(s)
3302 Short-term loans and / or advances due to corporate shareholder(s)
3303 Short-term loans and / or advances due to director(s)
3304 Short-term loans and / or advances due to related parties
3305 Interest payable to shareholder(s) and / or director(s)
3306 Interest payable to related parties
3370 Short-term loans and / or advances due to members (NPOs)
3380 Short-term loans and / or advances due to joint venture(s) and / or
partnership(s)
3390 Short-term loans due to third parties
3400 Other current liabilities
3401 Deposits received
3402 Dividends payable
3403 Deferred income tax
3404 Provisions for guarantees, warranties, or indemnities
8 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
3405 General Provisions
3499 Total Current liabilities
LONG TERM LIABILITIES
3500 Long term debt
3501 Bank loan(s)
3502 Soft Loans - MDC
3503 Supply company loan
3504 Third party loans
3520 Deposit liabilities
3530 Bonds and debentures
3540 Deferred income - long-term
3550 Long-term amounts due to shareholder(s) and / or director(s) and / or
related parties
3551 Long-term loans due to individual shareholder(s)
3552 Long-term loans due to corporate shareholder(s)
3553 Long-term loans due to director(s)
3554 Long-term loans due to Maltese related parties
3555 Long-term loans due to foreign related parties
3570 Long-term loans due to members (NPOs)
3580 Long-term loans due to joint venture(s) and / or partnership(s)
3600 Other Long-term liabilities
3601 Long term obligations and / or commitments and / or capital leases
3602 Provision for guarantees, warranties, or indemnities
3603 Deferred revenue from incomplete contracts
3604 Deferred tax
3798 Total long term liabilities
3799 Total liabilities*
CAPITAL AND RESERVES
3800 Capital
3801 Ordinary share capital
3802 Cumulative preference share capital
3803 Non-cumulative preference share capital
3804 Other share capital
3805 Share premium account
3806 Capital account(s) (partnerships and self-employed)
3807 Accumulated fund (NPOs)
3890 Total Capital
3900 Reserves
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 9
3901 Revaluation reserve
3902 Capital redemption reserve fund
3903 General reserve
3904 Incentives and Benefits Reserve (BPA)
3905 Retained earnings
3906 Non-distributable reserves
3950 Total Reserves
3998 Total shareholder equity*
3999 Total liabilities and shareholder equity
INCOME STATEMENT
4500 NAME OF THE OPERATING ESTABLISHMENT
4501 OPERATION DESCRIPTION
4502 ACTIVITY NUMBER
REVENUE
5000 Sale of goods and rendering of services
5001 Export sales
5002 Wholesale sales
5003 Retail sales
5004 Sale of goods to related parties
5005 Interdivisional sales
5006 Income from production and / or processing - local
5007 Income from production and / or processing - foreign
5008 Income from production and / or processing - related parties
5009 Income from the rendering of services - local
5010 Income from the rendering of services - overseas
5011 Income from the rendering of services to related parties
5099 Total sales of goods and services
5100 Income from Investments
5101 Interest from Maltese banks
5102 Interest received or receivable from shareholders and / or directors
5103 Interest received or receivable from related parties
5104 Loan interest - from local sources
5105 Securities interest - from local sources
5106 Interest from other Maltese sources
5107 Interest from foreign banks
5108 Loan interest - from foreign sources
5109 Securities interest - from foreign sources
10 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
5110 Interest from other foreign sources
5111 Dividends from Maltese sources
5112 Dividends from foreign sources
5190 Commission Income
5191 Commission income on real estate transactions
5200 Rental income 
5201 Real estate rental Income
5202 Income from ground rents and / or laudemium
5203 Film rental
5204 Vehicle leasing
5250 Amounts received by non-profit making organisations (NPOs)
5251 Membership fees received
5252 Donations and gifts received
5253 Gross sales and Income from organisational activities
5280 Realised gains or losses on disposal of fixed assets
5281 Realised gains or losses on disposal of intangible assets
5282 Realised gains or losses on disposal of tangible assets
5283 Realised gains or losses on disposal of immovable property
5284 Realised gains or losses on sale of investments
5300 Other Income
5301 Realised profit or loss on exchange
5302 Unrealised profit or loss on exchange
5303 Profit or loss from joint ventures and partnerships
5304 Realisation of deferred Income
5305 Income from royalties, patents, rights, etc. 
5306 Management and administration fees
5307 Consultancy fees
5308 Subsidies and grants
5309 Insurance recoveries
5310 Waiver of amounts payable
5311 Bad debt recoveries
5498 Total revenue from other sources
5499 Total revenue*
COST OF SALES
5500 Opening stock
5501 Opening stock of raw materials and / or semi-finished goods
5502 Opening stock of work in progress
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 11
5503 Opening stock of finished goods
5504 Property held for development and resale at beginning of period
5550 Purchases
5551 Imports of raw materials and / or semi-finished goods
5552 Local purchases of raw materials and / or semi-finished goods
5553 Imports of finished goods
5554 Freight, insurance and duty on imported goods
5555 Local purchases of finished goods
5556 Carriage inwards
5557 Foreign purchases
5600 Direct Costs
5601 Direct productive wages
5602 Subcontracting
5603 Hire of machinery and equipment
5604 Rent of factory premises
5605 Development expenses
5606 Royalty costs
5607 Stock write down
5608 Depreciation of industrial building or structure
5609 Depreciation of production machinery and equipment
5610 Depreciation of factory plant
5611 Overhead expenses allocated to cost of sales
5700 Closing stock
5701 Closing stock of raw materials and / or semi-finished goods
5702 Closing stock of work in progress
5703 Closing stock of finished goods
5704 Property held for development and resale at end of period
5998 Cost of sales*
5999 Gross profit or loss
OPERATING EXPENDITURE
6000 Advertising and promotion
6001 Advertising
6002 Promotion
6003 Meals and entertainment
6004 Donations
6020 Wages, Salaries and Employee benefits
6021 Wages - Regular
12 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
6022 Wages - Casual
6023 Fringe benefits
6024 Bonuses and similar incentive compensation
6025 Directors’ salaries and remuneration
6026 Directors’ fees
6027 Management salaries
6028 Employer’s share of Social Security Contributions
6029 Social Security Contributions - Self
6030 Social Security Contributions - Partners
6031 Social Security Contributions - Directors
6032 Staff training and education
6033 Staff safety
6034 Staff welfare
6035 Staff uniforms
6036 Group insurance benefits
6037 Commissions
6099 Subcontracting and Out-sourcing
6100 Travel Expenses
6101 Meetings and conventions
6120 Insurance
6121 Life insurance on executives
6122 Motor vehicle(s) insurance(s)
6140 Office Expenses
6141 Office stationery and supplies
6142 Office utilities
6143 Data processing
6170 Professional fees
6171 Legal fees
6172 Accountancy fees
6173 Audit fees
6174 Consultancy fees
6175 Architect fees
6176 Appraisal fees
6177 Brokerage fees
6178 Management and administration fees
6179 Restructuring costs
6180 Security and exchange commission fees
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 13
6200 Licences, permits and membership
6201 Membership and subscription fees
6202 Franchise fees
6203 Company registration fee
6204 Motor vehicle(s) licence(s)
6220 Rental
6221 Property rental
6222 Occupancy costs
6223 Condominium fees
6224 Equipment rental
6225 Motor vehicle rentals
6226 Berthing and moorage
6227 Storage
6228 Quota rental
6250 Repairs and maintenance
6251 Repairs and maintenance - buildings
6252 Repairs and maintenance - motor vehicles
6253 Repairs and maintenance - boats
6254 Repairs and maintenance - aircraft
6255 Repairs and maintenance - machinery and equipment
6290 Supplies
6291 Loose tools
6292 Shop expense
6293 Uniforms
6294 Laundry
6295 Computer-related expenses
6310 Utilities
6311 Water and Electricity
6312 Fuel costs
6313 Telephone and telecommunications 
6314 Garbage removal
6340 Interest and bank charges
6341 Hire Purchase Interest
6342 Overdraft Interest
6343 Bank Loan Interest
6344 Loan Interest to third parties
6345 Bank Charges
14 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
6346 Realised loss or gain on exchange
6347 Finance charges
6348 Credit card charges
6380 Provisions
6381 Unrealised loss or gain on exchange
6382 Increase or decrease in provision for bad and doubtful debts
6383 Provision for slow moving or obsolete stock
6384 Provision for diminution in value of investments
6385 Provision for loan losses
6400 Amortisation of intangible assets
6401 Amortisation of goodwill
6402 Amortisation of formation expenses
6403 Amortisation of royalties, trademarks, patents
6404 Amortisation of research and development
6410 Depreciation of Immovable property
6411 Depreciation of industrial buildings and structures
6412 Depreciation of non-industrial buildings
6413 Depreciation of parking areas
6420 Depreciation of wasting assets
6421 Depreciation of petroleum and natural gas properties
6422 Depreciation of deferred exploration and development charges
6423 Depreciation of quarries
6430 Depreciation of tangible assets 
6431 Depreciation of motor vehicles
6432 Depreciation of construction and excavating equipment
6433 Depreciation of tools and dies
6434 Depreciation of catering equipment
6435 Depreciation of cable infrastructure
6436 Depreciation of pipeline infrastructure
6437 Depreciation of communication and broadcasting equipment
6438 Depreciation of medical equipment
6439 Depreciation of lifts and escalators
6440 Depreciation of air-conditioners
6441 Depreciation of equipment for the production of water or electricity
6442 Depreciation of electrical and plumbing installations and sanitary fittings
6443 Depreciation of exploration equipment
6444 Depreciation of ships and vessels
INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA _g L.S.372.22 15
6445 Depreciation of shipping equipment
6446 Depreciation of aircraft
6447 Depreciation of commercial vehicles
6448 Depreciation of computers and electronic equipment
6449 Depreciation of computer software
6450 Depreciation of furniture, fixtures, fittings and soft furnishings
6451 Depreciation of other plant
6452 Depreciation of capital leases - buildings
6453 Depreciation of capital leases - machinery & equipment
6454 Depreciation of capital leases - vehicles
6455 Depreciation of capital leases - others
6456 Depreciation of leasehold improvements
6457 Depreciation of other machinery
6600 Other expenses
6601 Bad debts written off
6602 Loan losses
6603 Cash over or short
6604 Warranty expenses
6605 Royalty expenses - resident
6606 Royalty expenses - non-resident
6607 Research and development
6608 General and administrative expenses
6609 Transport Expenses
6610 Formation Expenses written-off
6611 Motor vehicles running costs
6612 Grants
6613 Subsidies
6997 Total operating expenses*
6998 Total Expenses
7050 Net income or loss on ordinary activities before tax*
7060 Current tax provision
7080 Deferred tax provision
7100 Net income or loss on ordinary activities after tax
7200 Extraordinary, exceptional and unusual items
7201 Extraordinary income
7202 Extraordinary charges
7203 Exceptional and unusual items
16 L.S.372.22 _h INDI_CI TAT-TAXXA DWAR INFORMAZZJONI FINANZJARJA
7204 Prior period adjustments
7205 Unrealised gain or loss on revaluation of assets
7206 Extraordinary profit or loss
7207 Tax on extraordinary profit or loss
STATEMENT OF RETAINED EARNINGS
7500 Net income or loss for the period
7501 Retained earnings brought forward
7502 Dividends proposed during the year
7503 Dividends proposed and paid during the year 
7504 Transfer to general reserve
7505 Transfer to revenue reserve
7506 Transfer to capital reserve
7507 Transfer to the Incentives and Benefits Reserve
7508 Transfer to other reserve(s)
7600 Retained earnings carried forward*
Line items that are marked with an asterisk (*) are mandatory fields and
must always be reported.
