Article 4
Allocation of expenses and revenues
1. The financial information referred to in Article 3(1) shall be based on an allocation of expenses and revenues between the payment card scheme and the processing entity in accordance with the following rules:
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(a) |
expenses and revenues that are directly attributable to the provision of processing services shall be allocated to the processing entity; |
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(b) |
expenses and revenues that are directly attributable to the payment card scheme shall be allocated to the payment card scheme; |
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(c) |
expenses and revenues that are not directly attributable to the provision of processing services or to the payment card scheme shall be allocated on an activity-based costing (‘ABC’), which involves allocating indirect costs and revenues according to the actual consumption by the processing services entity or by the payment card scheme; |
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(d) |
expenses and revenues that are not directly attributable and cannot be allocated on ABC shall be allocated according to an accounting methodology documented in a supporting note. |
2. The supporting note referred to in paragraph 1(d) shall indicate for each allocated cost and revenue under that methodology:
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(a) |
the basis for the allocation; |
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(b) |
the rationale for that basis. |