Figures are pre-tax and net of any relevant financial hedges and off-setting gains, unless a bank does not report these factors. Most recorded losses are the quarterly or accumulated losses that were reported at quarter-end. One important exception is when the company reports provisions for credit losses and charge-offs.
In this case, the year-over-year increase in provisions or charge-offs are used instead, in order to minimise the impact of normal operations on the figures. Unless it is certain that loan charge-offs are not included in new provisions for losses, these charge-offs are only recorded for 2007.