IFM28085 - Real Estate Investment Trust : Distributions: administration: attributions and reconciliation: summary of examples
The tables on this page and at IFM28090 to IFM28095 summarise the examples in IFM28075 and IFM28080.
Reconciliation for a.p.e. 31 December 2015
The reconciliation for distributions paid in accounting period ending 31 December 2015 that should accompany the CT61(Z) for QE 31 December 2015 could look like the table below.
| Category | reserves |
| b/f | February 2015 distribution | reserves |
| c/f | ||||
|---|---|---|---|---|
| (a) | - | - | - | |
| (aa) | - | - | - | |
| (b) | 900 | (800) | 100 | |
| (c) | - | - | - | |
| (d) | - | - | - | |
| (e) | 100 | - | 100 | |
| totals | 1,000 | (800) | 200 |
The first column is the reserves when company C became a UK-REIT, divided between (b) income from taxable activities and (e) other from pre-entry periods.
The second column shows how the final distribution for profits of 2014 is attributed entirely to Category (b).
The final column shows how the reserves stand at the year end. As the profits for the year to 31 December 2015 have not been struck, they do not feature in the reconciliation of distributions paid in the year.
Attribution of 2014 final distribution
This is derived from the second column.