TERMINOLOGY, FORMS & METHODS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS. COPYRIGHT RODERICK SEEMAN

Article 67. Transfers to and Transfers From Reserves Based on Special Laws

In those situations where there have been transfers to or transfers from the reserves, etc of the provisions of Article 45, Paragraph 1, there must be an entry of the amount of the said transfer to or transfer from the reserve, as extraordinary income or extraordinary losses, via an item heading indicating that it is based on such a transfer to or transfer from such a reserve.