Institutions shall calculate their business indicator component in accordance with the following formula:
\mathrm{BIC} = \begin{cases} 0.12 \cdot \mathrm{BI}, & \text{where } \mathrm{BI} \le 1 \\ 0.12 + 0.15 \cdot (\mathrm{BI} - 1), & \text{where } 1 < \mathrm{BI} \le 30 \\ 4.47 + 0.18 \cdot (\mathrm{BI} - 30), & \text{where } \mathrm{BI} > 30 \end{cases}
where:
BIC | = the business indicator component; |
BI | = the business indicator, expressed in billions of euro, calculated in accordance with Article 314. |