(1) Where profits were realized in previous years, the expense rate control measures for this year shall be adopted. The calculation formula of comprehensive expense rate is as follows:
Deduct from income
Comprehensive expense rate =-× 100%
income
The expenses shall be calculated according to the contents (excluding tax) specified in Paragraph 11 of Article 58 of the Financial System of Financial and Insurance Enterprises, as well as the handling fee, business promotion fee and business entertainment fee; Income is calculated by subtracting inter-bank interest income, inter-system interest income and non-operating income from the total income of financial enterprises (that is, the sum of operating income, investment income and non-operating income).
(two) where the previous year's losses, this year to implement total cost control measures. When verifying the total expenses of this year, the total expenses should be reduced according to a certain proportion on the basis of the expenses of the previous year.
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