Value of expenditures incurred by the organization as a result of performing its normal business operations during the reporting period.
Value of expenditures incurred by the organization as a result of performing its normal business operations during the reporting period.
This metric is intended to capture the organization’s operating expenses. For financial services organizations, this metric should not include Financial Expenses (FP2553) or provisions for loan losses, which should be reported under Impairment Loss Allowance (FP2392).
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 2025 - IRIS+ v5.3b Released (current version)
No change.
December 2024 - IRIS+ v5.3a Released
No change.
June 2022 - IRIS+ v5.3 Released
Immaterial change. Minor revision to usage guidance for clarity.
May 2021 - IRIS+ v5.2 Released
No change.
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
Immaterial change. Operating Expense (FP1001) replaced Operating Expenses (OPEX) (F4). IRIS ID and metric name changed due to framework upgrade. Minor revisions to definition language for clarity.
September 2009 - IRIS+ v1.0 Released
New metric. Operating Expenses (OPEX) (F4) was developed via the Original IRIS Working Group.