Stress Test Data Framework Dictionary 2017: Version 02

Profitorlossitemlevel2otherexpense

Enumeration Definition
Rates, rent, insurance of building, lighting, heating, depreciation and maintenance costs.
FSCS levy The contribution to the UK FSCS levy for the period.
Insurance claims Net insurance claims incurred plus any movement in liabilities to policyholders in the period.
IT and infrastructure Any costs related to IT and infrastructure for the period.
Marketing and advertising Any costs relating to marketing and advertising of the firm and its products.
Non recurring exceptional items Any significant items which are separately disclosed in the accounts by virtue of their size or incidence that will enable a full understanding of the group’s financial performance. Transactions which may give rise to exceptional items may include gains or losses on disposal of investments, subsidiaries and early termination of debt instruments.
Operational risk losses Any crystallised operational risk losses, including the payment of fines and redress to customers.
Other expenses To record expenses which do not fit with other line items under ‘other operating expenses’.
Staff expenses - other staff costs All other salary costs, including the employer’s contribution to any pension scheme, and benefits in kind.
Staff expenses - performance based compensation Discretionary bonuses and profit/performance share and share option schemes.
Staff expenses - salaries Salary costs, employer’s national insurance contributions and social security costs.
UK bank levy The amount of UK bank levy paid during the period.