The denominator includes all expenses net of recoveries.
Codes include, for all functional and accounting centres, 7* and 8*, as well as secondary financial accounts 1 2* and 3* to 9*. External recoveries are netted to reflect
the organization's expenses only. are excluded to remove the effect of internal business activities, such as
(except for 1 28 Sales Revenue) are netted to offset interdepartmental transfers.
Amortization — Undistributed (9 50) and Net Gain or Loss on Disposal — Undistributed (9 51)