The Member States shall prescribe the following layout for balance sheets:

Assets

A. Subscribed capital unpaid

showing separately called-up capital (unless national law requires called-up capital to be included under liabilities, in which case capital called but not yet paid must be included as an asset either under A or under E(IV)).

B. Intangible assets

as described unter items B and C(I) of Article 9 of Directive 78/660/EEC, showing separately:

- formation expenses, as defined by national law and in so far as national law permits their being shown as an asset (unless national law requires their disclosure in the notes on the accounts),

- goodwill, to the extent that it was acquired for valuable consideration (unless national law requires its disclosure in the notes on the accounts).

C. Investments

I. Land and buildings:

showing separately land and buildings occupied by an insurance undertaking for its own activities (unless national law requires their disclosure in the notes on the accounts).

II. Investments in affiliated undertakings and participating interests:

1. Shares in affiliated undertakings.

2. Debt securities issued by, and loans to, affiliated undertakings.

3. Participating interests.