Definitions
Interest receivable/payable: includes interest on money market instruments, loans and advances, deposits, repos, reverse repos, bonds and floating rate notes.
Dividends received/paid: cash dividends received or paid during the period. This includes any bonus/scrip issues (i.e. issues of new fully-paid shares to existing shareholders on a basis pro rata to existing holdings) and manufactured dividends (i.e. dividends paid on stock lending and short selling).
Fees and commissions receivable/payable: direct receipts/payments on services relating for example to the issue of new securities, investment management services, arrangement of loans and advances and current account services.
Trading income: includes all profits or losses (including revaluation profits or losses) arising from both the purchase and sale of tradable instruments such as foreign exchange, securities and derivatives.
Other operating income and expenditure: includes rent received/paid on land and buildings, receipts/payments on finance leases, and all other income and current expenditure (such as staff costs, occupancy costs, intragroup cost recharges and depreciation). Expenditure excludes tax and provisions.
Net new provision charges: are defined as provisions made against impaired financial assets, including interest, less releases and recoveries. This includes financial assets (including income) assessed individually and/or collectively as impaired.
Other items: including those which may be deemed as exceptional or extraordinary. This can include items that are derived from events or transactions that fall outside the ordinary activities of the company and which are therefore expected not to recur frequently or regularly.
Tax: comprises all items treated as tax in financial accounts as well as payments to the Financial Services Compensation Scheme.
Other transfers: comprise all transfers affecting post-tax profit that are not included elsewhere on the Form PL.
