Council Directive 86/635/EEC of 8 December 1986 on the annual accounts and consolidated accounts of banks and other financial institutions
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Change 1
Article 29
Article 27, items 1 and 2 (vertical layout) Article 28, items A 1 and B 1 (horizontal layout) Interest receivable and similar income and interest payable and similar charges. These items shall include all profits and losses arising out of banking activities, including: (1) all income from assets entered under Assets items 1 to 5 in the balance sheet, however calculated. Such income shall also include income arising from the spreading on a time basis of the discount on assets acquired at an amount below, and liabilities contracted at an amount above, the sum payable at maturity; (2) all charges arising out of liabilities entered under Liabilities items 1, 2, 3 and 8, however calculated. Such charges shall also include charges arising from the spreading on a time basis of the premium on assets acquired at an amount above, and liabilities contracted at an amount below, the sum payable at maturity; (3) income and charges resulting from covered forward contracts, spread over the actual duration of the contract and similar in nature to interest; (4) fees and commission similar in nature to interest and calculated on a time basis or by reference to the amount of the claim or liability.
Article 29
Article 27, items 1 and 2 (vertical layout) Article 28, items A 1 and B 1 (horizontal layout) Interest receivable and similar income and interest payable and similar charges. These items shall include all profits and losses arising out of banking activities, including: (1) all income from assets entered under Assets items 1 to 5 in the balance sheet, however calculated. Such income shall also include income arising from the spreading on a time basis of the discount on assets acquired at an amount below, and liabilities contracted at an amount above, the sum payable at maturity; (2) all charges arising out of liabilities entered under Liabilities items 1, 2, 3 and 8, however calculated. Such charges shall also include charges arising from the spreading on a time basis of the premium on assets acquired at an amount above, and liabilities contracted at an amount below, the sum payable at maturity; (3) income and charges resulting from covered forward contracts, spread over the actual duration of the contract and similar in nature to interest; (4) fees and commission similar in nature to interest and calculated on a time basis or by reference to the amount of the claim or liability.
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