Annual Surplus/Deficit in Balance Sheet and Profit and Loss Statement Should Match
In principle, the annual surplus/deficit in the balance sheet and the profit and loss statement should match both before and after the reconciliation calculation (tax modification), and the following equation should hold true:
| Annual Surplus/Deficit Balance Sheet |
+ | Where applicable, Tax Adjustment to Result Balance Sheet | = | Annual Surplus/Deficit Profit and Loss Statement |
Value: Annual Surplus/Deficit (Balance Sheet)
+
Value: Where applicable, Tax Adjustment to Result (Balance Sheet)
=
Value: Annual Surplus/Deficit (Profit and Loss Statement)
