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BFI StatisticalYearBook_2014

Glossary – 243 GDP – Gross Domestic Product A measure of a country’s income and output. GDP is defined as the total market value of all final goods and services produced within the country in a given period of time. GDP is also the sum of the value added at each stage of the production process. ‘Gross’ refers to the fact that GDP includes capital investment but does not subtract depreciation Genre A style or category of film defined on the basis of common story and cinematic conventions (eg action, crime, drama, etc) Grant-in-aid A payment by a public sector funder (normally a central government department) to finance all or part of the costs of the body in receipt of the grant-in-aid. Grant-in-aid is paid where the government has decided, subject to parliamentary controls, that the recipient body should operate at arm’s length GVA – Gross Value Added The amount that individual businesses, industries or sectors contribute to the economy. Broadly, this is measured by the income generated by the business, industry or sector less their intermediate consumption of goods and services used in order to produce their output. GVA consists of labour costs (for example, wages and salaries) and an operating surplus (or loss). The latter is a good approximation to profits. The cost of capital investment, financial charges and dividends to shareholders are met from the operating surplus Higher (Scottish) In Scotland, the Higher is one of the national school-leaving certificate exams and university entrance qualifications of the Scottish Qualifications Certificate offered by the Scottish Qualifications Authority HMRC Her Majesty’s Revenue and Customs. The government department charged with collecting revenue on behalf of the Crown HMT Her Majesty’s Treasury. The government department responsible for formulating and implementing the Government’s financial and economic policy Independent film A film produced without creative or financial input from the major US studio companies. These are: Fox Entertainment Group, NBC Universal, Paramount Motion Pictures Group, Sony Pictures Entertainment, Walt Disney Motion Pictures Group and Warner Bros Entertainment Inward investment feature A term used by the BFI Research and Statistics Unit to denote a feature film which is substantially financed and controlled from outside the UK and which is attracted to the UK by script requirements (eg locations) and/or the UK’s filmmaking infrastructure and/or UK film tax relief ISBA TV regions System for classifying regions developed by the Incorporated Society of British Advertisers for use by the advertising industry (www.isba.org.uk) Mainstream programming Category of films aimed at the general audience Mbps Megabits per second. A data transfer rate of one million bits per second Mean A statistical term for the average of a set of values, which is calculated by summing the values and then dividing by the count of the values MEDIA Programme The European Union’s support programme for the audiovisual industries. From 2007-2013 it had a budget of €755 million. (In January 2014 the Media Programme was replaced by Creative Europe, which was set up to support Europe’s creative and cultural sectors)


BFI StatisticalYearBook_2014
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