The rule in plain words
Profit or loss attributable to owners of the parent must equal attributable to owners of the parent.
All the values are in the carrying amount column (0010).
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_01.03: Profit or loss attributable to Owners of the parent = F_02.00: Attributable to owners of the parent
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02The two values must be the same. Find which of the two is right, and correct the other one.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 01.03 and F 02.00 as reported.
- 05This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.
The cells it reads
Balance sheet statement: equity (F 01.03)
Row
- 0250Profit or loss attributable to Owners of the parent
Column
- 0010Carrying amount
Statement of profit or loss (F 02.00)
Row
- 0690Attributable to owners of the parent
Column
- 0010Current period
A worked example
The first of its checks, with simple numbers.
Attributable to owners of the parent must then be 1,200.
A file that reports 1,200 passes. One that reports 1,300 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_01.03,r0250,c0010,} = {F_02.00,r0690,c0010,}Other rules on F 01.03
- Total equity must equal the sum of its 14 parts (v0780_m)Warning
- Accumulated other comprehensive income must equal the sum of its two parts (v0779_m)Warning
- An upper-limit check across breakdown of interests in unconsolidated structured entities and balance sheet statement: equity (F 30.02, v1010_m)Warning
- Fair value reserves must equal the sum of its four parts (v0059_m)Warning
- Carrying amount cannot be more than zero (v2060_s)Warning
- Carrying amount cannot be negative (v3899_s)Warning
- Items that will not be reclassified to profit and loss must equal the sum of its eight parts (v5022_m)Warning
- Items that may be reclassified to profit and loss must equal the sum of its seven parts (v5023_m)Warning
Every FINREP 9 rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.