NATWEST GROUP PLC ANNUAL

Notes (other)

2025 2024 2023 Continuing operations £m £m £m Salaries 2,456 2,477 2,483 Bonus awards (1) 479 411 353 Temporary and contract costs 162 162 199 Social security costs 418 371 352 Pension costs 338 311 313 - defined benefit schemes (Note 5) 93 86 122 - defined contribution schemes 245 225 191 Other 321 329 201 Staff costs 4,174 4,061 3,901 Premises and equipment 1,291 1,211 1,153 Bank levy 123 142 109 Depreciation and amortisation (2) 1,154 1,058 934 Other administrative expenses (3) 1,520 1,677 1,899 Administrative expenses 4,088 4,088 4,095 8,262 8,149 7,996 (1) Includes current year charge for amounts deferred from prior years. Refer to reconciliation of bonus awards to income statement charge on page 309. (2) Includes depreciation of right of use assets of £92 million (2024 - £103 million; 2023 - £104 million). (3) 2025 2024 Other liabilities £m £m Lease liabilities 535 630 Provisions for liabilities and charges 619 864 Retirement benefit liabilities (Note 5) 78 80 Accruals 1,350 1,353 Deferred income 422 394 Current tax 76 263 Deferred tax (Note 7) 104 99 Other liabilities (1) 842 918 Total 4,026 4,601 27 Analysis of the net investment in business interests and intangible assets