Enumeration | Definition |
---|---|
Discretionary AT1 coco coupons included in PAT | Any AT1 Coco coupons or dividends that are included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Discretionary AT1 coco coupons not included in PAT | AT1 Coco coupons or dividends that are not included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Maximum distributable amount | MDA, if applicable, as per PS3/14. |
Maximum distributable amount factor | MDA Factor as per PS3/14 ,(0.2, 0.4, 0.6), or 1 if outside (above) the combined buffer. |
Ordinary dividends | Ordinary dividends that are included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Other discretionary coupons included in PAT | Any other coupons or dividends that are included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Other discretionary coupons not included in PAT | Any other coupons that are not included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Other distributions included in PAT | Any other distributions that are included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Other distributions not included in PAT | Any other distributions that are not included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Other preference dividends | Any other dividends that are not included in the PAT figure and are covered by the MDA rules as defined by PS3/14. |
Profit after tax for the calculation of the MDA | Profit used for the MDA as defined by PS3/14. |
Reconciliation to accounting profit | Any other adjustment required to the PAT figure in the P&L (Group Only) tab of the Balance Sheet & P&L template to get to the Profit used for the MDA as defined by PS3/14. |
Variable compensation included in PAT | Amount of post-tax variable compensation paid out (including discretionary pension benefits) covered by the MDA rules as defined by PS3/14 (please see: http://www.bankofengland.co.uk/pra/Documents/publications/ps/2014/ps314.pdf). |