+Article 104 2.

Article 104 2.

The income and expenditure account shall contain at least the following elements and underlying line items:

(a) 

‘income’, representing any increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in increases in net assets other than those relating to contributions from investors. Income shall be sub-classified according to the following line items:

(i) 

‘investment income’, which can be further sub-classified as follows:

— 
‘dividend income’, relating to dividends on equity investments to which the AIF is entitled,
— 
‘interest income’, relating to interest on debt investments and on cash to which the AIF is entitled,
— 
‘rental income’, relating to rental income from property investments to which the AIF is entitled;
(ii) 

‘realised gains on investments’, representing gains on the disposal of investments;

(iii) 

‘unrealised gains on investments’, representing gains on the revaluation of investments; and

(iv) 

‘other income’ including, but not limited to, fee income from securities loaned and from miscellaneous sources.

(b) 

‘expenses’, representing decreases in economic benefits during the accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in net assets, other than those relating to distributions to investors. Expenses shall, be sub-classified according to the following line items:

— 
‘investment advisory or management fees’, representing contractual fees due to the advisor or AIFM,
— 
‘other expenses’, including, but not limited to, administration fees, professional fees, custodian fees and interest. Individual items, if material in nature, should be disclosed separately,
— 
‘realised loss on investments’, representing loss on the disposal of investments,
— 
‘unrealised loss on investments’, representing loss on the revaluation of investments;
(c) 

‘net income or expenditure’, representing the excess of income over expenditure or expenditure over income, as applicable.

1. Apžvalga

,

1.1 Nuorodos

1.2 Nustatyti reikalavimai

1.3 Susiję standartai

2. Nustatyti reikalavimai

Reikalavimai

3. Susiję standartai

Standartai