FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

RESERVES IN THE BALANCE SHEET
Corporate name: PARIS PROVINCES PROPERTIES
Amount at the
beginning of the
tax year
INCREASES
Allowances of the
tax year
DECREASES
Recaptures during
the tax year
Amount at the end
of the tax year
Nature of the reserves
1 2 3 4
REGULATED RESERVES
Reserves for reconstruction of minning &
petroleum deposits
Reserves for investment
Reserves for price increase
Reserves for price fluctuation
Derogatory depreciation 189,512 223,415 412,927
Tax reserves for foreign establishment set
up before 1.1.1992
Tax reserves for foreign establishment set
up after 1.1.1992
Reserves for loan for establishment (art.
39 quinquies H of tax code)
Other regulated reserves
TOTAL I 189,512 223,415 412,927
RESERVES FOR CONTINGENCIES
AND CHARGES
Reserves for lawsuits
Reserves for warranty given to clients
Reserves for losses on forward markets
Reserves for fines & penalties
Reserves for loss on exchange rates
Reserves for pensions (or similar)
Reserves for taxes
Reserves for renewal of fixed assets
Reserves for major repairs
Reserves for social contribution on
accrued vacation
Other reserves for contingencies &
charges 384,000 266,450 384,000 266,450
TOTAL II 384,000 266,450 384,000 266,450
RESERVE FOR DEPRECIATION
fixed assets
– intangibles
– tangibles
– consolidated shares
– capitalised securities
– other financial assets
On inventories & in-progress work
On accounts receivable 478,760 225,892 424,826 279,825
Other reserves for depreciation
TOTAL III 478,760 225,892 424,826 279,825
GRAND TOTAL (I+II+III) 1,052,272 715,757 808,826 959,202
including
– operating allow. & reversals 492,342 808,826
– financial
– exceptional 223,415
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