NCD  negotiable certificates of deposit  NCI  non-controlling interests  NED  Non-Executive Director  NEDSAP  Non-Executive Director Share Acquisition Plan  NOHC  non-operating holding company  Non-Banking Group  the Non-Banking Group comprises Macquarie Capital and some business activities of MSG, MFG and FICC  that use certain offshore regulated entities of the Non-Banking Group  NPAT  net profit after tax  NUA  Net usable area  OECD  Organisation for Economic Co-operation and Development  Operating Groups  the Operating Groups consist of BFS, CAF, FICC, Macquarie Capital, MFG and MSG  ORMF  Operational Risk Management Framework  OTC  over-the-counter  PINAI  Philippines Investment Alliance for Infrastructure  PPP  Public Private Partnership  PSU  Performance Share Unit issued under the MEREP  PwC  PricewaterhouseCoopers  REB  Real Estate Banking Division  RMG  Risk Management Group  ROE  return on ordinary equity  RSU  Restricted Share Unit issued under the MEREP  RWA  risk-weighted assets  S&P  Standard & Poor’s  SPE  Special Purpose Entity  SYD  ASX-listed Sydney Airport SYD distribution  In specie distribution of Sydney Airport stapled securities to Macquarie ordinary shareholders on 13 January  2014  tCO$_{2}$-e (Carbon dioxide  equivalent in tonnes)  metric measure used to compare the emissions from various greenhouse gases based upon their global  warming potential (US Environment Protection Agency)  TJ  terajoules  TSR  total shareholder return  VaR  Value-at-Risk  Voting Directors  the Voting Directors of Macquarie Group Limited as defined in the MGL Constitution  WHSE  work health, safety and environmental  227 