  We establish, under the Cramer exponential moment condition in a
neighbourhood of zero, the Extended Large Deviation Principle for the Random
Walk and the Compound Poisson processes in the metric space $\V$ of functions
of finite variation on $[0,\infty)$ with the modified Borovkov metric $\r(f,g)=
\r_\B(\hat{f},\hat{g}) $, where $ \hat f(t)= f(t)/(1+t)$, $t\in \R$, and
$\r_\B$ is the Borovkov metric. LDP in this space is "more precise" than that
with the usual metric of uniform convergence on compacts.
