Terms used in Annual Report & Accounts US equivalent or brief description Accounts Financial statements Allotted Issued Called-up share capital Ordinary shares, issued and fully paid Capital allowances Tax term equivalent to US tax depreciation allowances Cash at bank Cash Creditors Payables Debtors Receivables Finance lease Capital lease Freehold Ownership with absolute rights in perpetuity Interest receivable Interest income Interest payable Interest expense Like for like sales Same store sales Loans Long-term debt Net asset value Book value Profit Income Profit and loss account Income statements Profit and loss account reserve Retained earnings Profit attributable to shareholders Net income Share capital Capital stock or common stock Share option Stock option Shareholders' funds Shareholders' equity Share premium account Additional paid-up capital or paid-in surplus not distributable) Shares in issue Shares outstanding Stocks Inventories Tangible fixed assets Property and equipment Value Added Tax (VAT) UK sales tax