All licensees must complete the applicable PIR forms (see Appendix BR-1, BR-2 or BR-4 under Part B of Volume 5 for financing companies). This form is intended to be a financial report of the licensee as a separate legal entity. Licensees must include all assets and liabilities of their head office and their branches in Bahrain (if any) and abroad (and subsidiaries, where applicable). Separate figures in respect of the head office or 'Bahrain operations' are not required.