# Commission Decision of 26 February 2010 on State aid C 9/09 (ex NN 49/08, NN 50/08 and NN 45/08) implemented by the Kingdom of Belgium, the French Republic and the Grand Duchy of Luxembourg for Dexia SA (notified under document C(2010) 1180) (Only the French text is authentic) (Text with EEA relevance) (2010/606/EU), Division 3: Definition of RAROC under point 3(a) of the commitments

Extent: E+W+S+N.I.

The RAROC is calculated using the following formula:
EC t =0 = Σ t =1 T Revenues t – EL t – Costs t × 1 – taxes + EC t –1 – EC t 1 + RAROC t
where:
EC economic capital
EL expected loss
Costs costs allocated to the transaction under the business line

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Source: https://www.legislation.gov.uk/eudn/2010/606/annex/II/division/3 (the official version)
Page: https://openlegislation.uk/eu-decision-2010-606/annex-II/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.