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Appendix C3Tier 2 AnnualFinancial ReturnCurrently, there is no uniform way in which AHBs report income, assets and liabilities. It is not proposed at thisstage to require a standardised set of accounts for the sector. Instead, it is proposed that key data from the annualaccounts is restated in a standard format in an Annual Financial Return to the Regulation Office. This will be usedas the basis for regulatory assessment and sector-wide aggregation of data.The Annual Financial Return for Tier 2 AHBs will also require some additional financial information and 1 year’sdata, being the latest set of audited financial statements.Information RequirementDetails/Comments (to be completed by the AHB)Number of units1 Owned2 Leased3 Managed Managed only, including SLA agreementsIncome & Expenditure (as in Financial Statements)4 Turnover Including rents, fundraising, grants, contract fees, and service charges5 Rental Income6 Operating Surplus7 Net Interest payable8 Profit/(loss) from sales9 Sinking Find Transfers10 Surplus /(deficit) for year11 Depreciation ofhousing propertiesAny amounts charged/(credited) to the income and expenditureaccount in the period12 Amortisation of grants Any amounts charged/(credited) to the income and expenditureaccount in the periodThe Financial Standard and Assessment Frameworkxxvii