This excerpt taken from the BCS 6-K filed Aug 7, 2008.
Office Functions and Other Operations
Head Office Functions and Other Operations
head office and central support functions
, businesses in transition
Head office and central support functions comprises the following areas: Executive Management, Finance, Treasury, Corporate Affairs, Human Resources, Strategy and Planning, Internal Audit, Legal, Corporate Secretariat, Property, Tax, Compliance and Risk. Costs incurred wholly on behalf of the businesses are recharged to them.
Businesses in transition principally relate to certain lending portfolios that are centrally managed with the objective of maximising recovery from the assets.
Consolidation adjustments largely reflect the elimination of inter-segment transactions.
Notes to the Condensed Consolidated Interim Financial Statements