Paragraph 8
Where during the period of account any of the following events have occurred–
fixed assets have been acquired or disposed of;
amounts provided for depreciation have been increased or adjusted;
housing association grant has been received in relation to fixed assets; or
amounts have been transferred to or from the property equity account (if any) of the association,
the resulting variations in the cost, the total amount provided for depreciation, the total housing association grant received, the balance on the property equity account, and the net book value of or in relation to the fixed assets of the association shall be stated in accordance with this paragraph.
The variations referred to above shall be set out in sufficient detail to show their nature and cause, together with the relevant opening and closing amounts.
Where the amount of the reserves or the provisions for the balance sheet date differs from the corresponding amount for the previous balance sheet date, or where amounts have been transferred to or from the reserves or the provisions during the period of account the following shall be stated–
the amounts transferred to or from the reserves or the provisions as the case may require;
the source of all amounts transferred to the reserves or, as the case may be, provisions; and
in the case of a transfer occasioned otherwise than by applying a provision to the purpose for which it was established, how the amounts transferred have been applied.