L.S. 372.22 Regoli dwar Indiċi tat-Taxxa dwar Informazzjoni Finanzjarja

(4)of the Income Tax Management Act applies shall furnish the required documents specified in article 19

(4)of the said Act disclosing the items in the format and order shown in the tax index of financial data which appears in the Schedule: Tax Index of Financial Data. Amended by: L.N. 84 of 2007. Cap. 372. Provided that these rules shall not apply to companies carrying on the business of insurance under the Insurance Business Act. 3. A transitional period shall be in force for tax returns due to be filed up to and including the 31st August, 2003. During such transitional period it shall be acceptable to aggregate items of expenditure in the Profit and Loss Account under the provisional code 6996 except for: (

1. i)provisions and expense items that are not allowable or require adjustment for tax purposes; and (
2. ii)expense items that must satisfy any statutory disclosure requirements. Cap. 403. Transitional period. 1 [ S.L.372.22 2 TAX INDEX OF FINANCIAL DATA SCHEDULE (Rule 2) Tax Index of Financial Data 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 TAX INDEX OF FINANCIAL DATA [ S.L.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 [ S.L.372.22 4 TAX INDEX OF FINANCIAL DATA 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(
3. s)and / or director(
4. s)1701 Due from individual shareholder(
5. s)1702 Due from corporate shareholder(
6. s)1703 Due from director(
7. s)1715 Due from members TAX INDEX OF FINANCIAL DATA [ S.L.372.22 1720 Due from joint venture(
8. s)and / or partnership(
9. 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(
10. 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(
11. s)and / or partnership(
12. 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 5 [ S.L.372.22 6 TAX INDEX OF FINANCIAL DATA 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(
13. s)and / or director(
14. s)and related parties - current portion 2101 Due from individual shareholder(
15. s)- current portion 2102 Due from corporate shareholder(
16. s)- current portion 2103 Due from individual director(
17. 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 TAX INDEX OF FINANCIAL DATA [ S.L.372.22 7 3022 Local bank loan(
18. 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(
19. s)and / or director(
20. s)and / or related parties 3301 Short-term loans and / or advances due to individual shareholder(
21. s)3302 Short-term loans and / or advances due to corporate shareholder(
22. s)3303 Short-term loans and / or advances due to director(
23. s)3304 Short-term loans and / or advances due to related parties 3305 Interest payable to shareholder(
24. s)and / or director(
25. 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(
26. s)and / or partnership(
27. 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 [ S.L.372.22 8 3405 General Provisions 3499 Total Current liabilities TAX INDEX OF FINANCIAL DATA LONG TERM LIABILITIES 3500 Long term debt 3501 Bank loan(
28. 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(
29. s)and / or director(
30. s)and / or related parties 3551 Long-term loans due to individual shareholder(
31. s)3552 Long-term loans due to corporate shareholder(
32. s)3553 Long-term loans due to director(
33. 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(
34. s)and / or partnership(
35. 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(
36. s)(partnerships and self-employed) 3807 Accumulated fund (NPOs) 3890 Total Capital 3900 Reserves TAX INDEX OF FINANCIAL DATA 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 [ S.L.372.22 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 9 10 [ S.L.372.22 TAX INDEX OF FINANCIAL DATA 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 TAX INDEX OF FINANCIAL DATA [ S.L.372.22 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 11 12 [ S.L.372.22 TAX INDEX OF FINANCIAL DATA 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(
37. s)insurance(
38. 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 TAX INDEX OF FINANCIAL DATA 6200 Licences, permits and membership 6201 Membership and subscription fees 6202 Franchise fees 6203 Company registration fee 6204 Motor vehicle(
39. s)licence(
40. 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 [ S.L.372.22 13 14 [ S.L.372.22 TAX INDEX OF FINANCIAL DATA 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 TAX INDEX OF FINANCIAL DATA [ S.L.372.22 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 15 16 [ S.L.372.22 TAX INDEX OF FINANCIAL DATA 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(
41. s)7600 Retained earnings carried forward* Line items that are marked with an asterisk (*) are mandatory fields and must always be reported.