Value of expenditures incurred by the organization during the reporting period as a result of interest incurred on all liabilities, including any client deposit accounts held by the organization, borrowings, and subordinated debt.
Value of expenditures incurred by the organization during the reporting period as a result of interest incurred on all liabilities, including any client deposit accounts held by the organization, borrowings, and subordinated debt.
This metric is intended to capture the amount of interest paid by the organization on all liabilities during the reporting period.
This is a submetric of Total Expenses (FP2321), which has 5 other related submetrics.
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
No change.
March 2014 - IRIS v3.0 Released
Immaterial change. Minor revision to metric name and definition language for clarity.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
New metric. Interest Expense (FP1012) was developed via the Financial Services Working Group.