Treasury Stock – Common represents common stock owned by the issuing company or its consolidated subsidiaries. Treasury stock is recorded at purchase cost, which is inclusive of par value, additional paid-in capital and retained earnings. As Treasury Stock – Common is a contra account against common stock; it is compiled as a negative figure.

Treasury Stock – Preferred represents preferred stock owned by the issuing company or its consolidated subsidiaries. Due to the nature of the shareholders’ equity section, Treasury Stock – Preferred is always a negative figure.

Triple Net Asset Value (NNNAV) represents the net asset value when all of the assets and liabilities of the REIT are valued at their respective market values. This construct is used for valuation purposes of a REIT, and is usually used by UK REIT companies.

U.S. GAAP Adjustment represents the disclosure by foreign companies using local accounting standards (or International Accounting Standards) to reconcile their local accounting net income to the U.S. equivalent net income.

Unbilled Utility Revenue represents electricity or gas consumed by customers but not yet billed to them by utility companies.

Underwriting & Commissions represents the commissions received for underwriting insurance policies from policyholders or other insurance companies. Underwriting is the process of selling a guaranteed cash payment in the event of a loss or casualty. Commissions are service charges assessed by an agent in return for arranging the purchase of insurance.

Underwriting Profit or Loss represents the money earned or loss by an insurer in its underwriting operations. This is obtained by subtracting the sum of its losses, loss adjusting expenses and other underwriting expenses, from the total premiums earned.

Undeveloped Square Kilometers represents the total lease area, in square kilometers on which mines have not been completed to a point that would permit the production of commercial quantities of minerals, regardless of whether such area contains proved reserves.

Undeveloped Square Kilometers – Oil & Gas represents the total lease area, in square kilometers on which wells have not been drilled or completed to a point that would permit the production of commercial quantities of natural gas and oil, regardless of whether such area contains proved reserves.

Unearned Income represents unearned interest income, where the nominal value of a loan includes prepaid interest income, and a portion of the prepaid interest income is not yet earned at the end of a fiscal period. As it is an asset account, Unearned Income is always classified as a negative figure.