Detailed Trading and Profit and Loss Account:
This document provides an example of a detailed profit and loss layout that would be expected by Revenue. It shows how the ROS Extract
of Accounts on Form CT1 could be aligned with the iXBRL taxonomies that are accepted by Revenue as at September 2014.
Page 1 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
Sales/Receipts/Turnover
10 - Income statement
Revenue
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 1
[heading]
Turnover/gross
operating revenue
Receipts from Gov.
20 - Notes and detailed
disclosures
- Notes on Income
statement
- Other operating income
[heading]
Government
grant operating
income
20- Notes and detailed disclosures
- Notes to financial statements
and detailed disclosures [heading]
- Operating costs and credits
[heading]
- Operating credits [heading]
Government grant
receipts - Net
Income
Page 2 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
Other Income
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
10 - Income statement
Other operating
income
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 1
[heading]
Other Operating
Income
10 - Income statement
Cost of Sales
30 - Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Cost of sales [heading]
Purchases, Cost of
Sales
or
Cost of Sales
Trading
Account
Items
Purchases (direct
cost of sales)
or
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 1
[heading]
Page 3 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
Gross Trading Profits
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
10 - Income statement
Gross Profit
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 1
[heading]
Gross Profit (Loss)
20 - Notes and detailed
disclosures
- Notes on Income
statement
- Operating expenses
Employee
benefit expense
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 2
[heading]
Staff costs
20 - Notes and detailed
disclosures
- Notes on Income
statement
- Operating expenses
- Employee benefit expense
20 - Notes and detailed
disclosures
- Notes on Income
statement
- Operating expenses
Wages and
salaries
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 2
[heading]
Wages and Salaries
Social Security
Costs
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 2
[heading]
Social Security Costs
Expenses/
Deductions
Salaries/Wages, Staff costs
Wages and salaries
Social welfare costs
Page 4 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
- Employee benefit
expense
20 - Notes and detailed
disclosures
-Notes on Income
statement
-Operating expenses
-Employee benefit expense
Pension and
other post
employment
benefit costs
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 2
[heading]
Pension Costs
Directors remuneration
5 - Directors report
- Directors remuneration
Director
remuneration
5 - Directors report
- Directors remuneration
Director
Remuneration
Sub-contractors
20 - Notes and detailed
disclosures
- Other operating cost
Description of
other operating
cost item
and
Amount of
other operating
cost item
30- Detailed profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
Subcontractor Costs
Consultancy/Prof Fees
50 -Additional Industry Sector
Data item
-Additional industry sector
data items [heading]
-Banking and finance sector
Professional
fees
30- Detailed profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
Legal, accounting and
other professional
fees
Pension costs
Page 5 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
items
-Operating expenses,
additional banking industry
items
Audit Fees
6 - Auditors Report
- Fees to auditors
Audit fees and
expenses
6 - Auditors Report
- Fees to auditors
Audit fees and
expenses
Taxation
Services
6 - Auditors Report
- Fees to auditors
Taxation Services
Tax
6 - Auditors Report
- Fees to auditors
Consultancy
6 - Auditors Report
- Fees to auditors
Other non audit
services
6 - Auditors Report
- Fees to auditors
Other non audit
services
20 - Notes and detailed
disclosures
- Other operating cost
Description of
other operating
cost item
and
Amount of
other operating
cost item
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
- Fees and commissions payable
Legal fees Payable
20 - Notes and detailed
disclosures
- Operating Expense
Transportation
Legal
Motor, Travel and
Subsistence
Page 6 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
Delivery
Motor
Travel
Repairs/Renewals
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
20 - Notes and detailed
disclosures
- Other operating cost
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
or
30- Detailed Profit and Loss- Detailed profit and loss items
[heading]
- Total costs [heading]
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
- Staff costs, detailed P&L
- Staff expenses
Freight and carriage
costs
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
Transport and Travel
Costs
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
Premises repairs,
renewals and
maintenance costs
20 - Notes and detailed
disclosures
- Other operating cost
20 - Notes and detailed
disclosures
- Other operating cost
20 - Notes and detailed
disclosures
- Operating Expense
Description of
other operating
cost item
and
Amount of
other operating
cost item
Description of
other operating
cost item
and
Amount of
other operating
cost item
Description of
other operating
cost item
and
Amount of
other operating
cost item
Repairs and
Maintenance
or
Transport Costs
Travel and subsistence
expenses
or
Staff motor expenses
Page 7 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
R&M
Computer
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
20 - Notes and detailed
disclosures
- Other operating cost
Description of
other operating
cost item
and
Amount of
other operating
cost item
Description of
other operating
cost item
and
Amount of
other operating
cost item
Description of
other operating
cost item
and
Amount of
other operating
cost item
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
Computer and IT
Equipment repairs,
renewals and
maintenance costs
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
Premises repairs,
renewals and
maintenance costs
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
- Other unexceptional
operating costs
- Other unexceptional
operating costs [grouping]
Description of other
unexceptional
operating cost
And
Amount of other
unexceptional
operating cost
Interest
Expense
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 2
[heading]
Interest Payable and
Similar Charges
Premises
20 - Notes and detailed
disclosures
- Other operating cost
Spare parts
20 - Notes and detailed
disclosures
- Other operating cost
Interest Payable
20 - Notes and detailed
disclosures
- Finance income and Costs
Page 8 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
Depreciation, Goodwill,
Capital w/o
10 - Income statement
- Income statement
- Main operating expenses
by nature
- Depreciation,
amortisation and impairment
expenses
Depreciation
and
amortisation
expense
10 - Profit and Loss Account
- Profit and loss account
[heading]
- Profit and Loss Format 2
[heading]
Depreciation and
other amounts written
off tangible and
intangible fixed assets
Provisions including bad
debts
20 -Notes and detailed
disclosures
- Notes on Income
statement
- Other net gains and
losses before tax
- Gain (loss) from changes
in provisions
Increase in
provisions
charged to
profit or loss
20- Notes and Detailed Disclosures
-Notes on Balance Sheet
[heading]
-Provisions for liabilities and
charges [heading]
-Provisions - movement analysis
[heading]
Provisions, charged
(credited) to profit
and loss account
during period
Other expenses
10 - Income statement
- Income statement
- Main operating expenses
by nature
Other expenses
by nature.
30- Detailed Profit and Loss
- Detailed profit and loss items
[heading]
- Total costs [heading]
- Other unexceptional
operating costs
Description of other
unexceptional
operating cost
And
Amount of other
unexceptional
Page 9 of 10
ROS Extract of Accounts
Check of Available tags on
each Taxonomy
IFRS - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
GAAP - Irish Extension Taxonomy
Area of Taxonomy
Tag Label
- Other unexceptional
operating costs [grouping]
operating cost
Page 10 of 10