Special items on the balance sheet are additional items for the classification of the trade balance of corporations. They may be added to the general structure if their content is not covered by a prescribed item. Section 265 (5) of the German Commercial Code (HGB) provides for the possibility of a voluntary expansion of the balance sheet structure.
Special items on the active side
Special items on the assets side are:- Outstanding deposits (Section 272 (1) sentence 2 HGB)
- Expenses for the start-up and expansion of business operations (Section 269 (1) HGB)
- Schedule of assets in accordance with Section 268 (2) HGB
- Requested but not yet paid deposits (Section 272, Paragraph 1, Clause 3 of the German Commercial Code)
- Loans and receivables Ib 3351 from GmbH shareholders (Section 42 (3) GmbHG)
- Requested additional payments (Section 42 (2) GmbHG)
- Active deferred taxes (Section 274 (2) sentence 2 HGB)
- Deficit not covered by equity (Section 268 (3) HGB).
Special item on the passive side
The special items on the liabilities side include:
- Reserve for requested additional payments (Section 42 (2) GmbHG)
- Reserve for the equity portion (§ 58 AktG, § 29 GmbHG)
- Balance sheet profit / balance sheet loss, as can be seen from Section 268, Paragraph 1, Clause 2 of the German Commercial Code (HGB).
- Special items with an equity portion (Section 247 Paragraph 3 Clause 1 and Section 2 HGB), tax-free reserves (Section 247 Paragraph 3 Clause 3 HGB) or tax law Special depreciation (Section 281 (1) HGB). Tax-free reserves are mixed items of equity and debt, because they belong partly to the reserves and partly to the provisions. Therefore, their separate identification is required (§ 273 sentence 2 HGB). They are calculated exclusively according to tax regulations.