reg 3
(1) The directors may combine items to which Arabic numbers are given in the balance sheet format set out in Section B (except for items concerning technical provisions and the reinsurers' share of technical provisions), and items to which lower case letters in parentheses are given in the profit and loss account format so set out (except for items within items I.1 and 4 and II.1, 5 and 6) if— (a) their individual amounts are not material for the purpose of giving a true and fair view, or (b) the combination facilitates the assessment of the state of affairs or profit or loss of the company for the financial year in question. (2) Where sub-paragraph (1)(b) applies— (a) the individual amounts of any items which have been combined must be disclosed in a note to the accounts, and (b) any notes required by this Schedule to the items so combined must, notwithstanding the combination, be given.