The rule in plain words
Amount cannot be negative.
EBA checks it for nine rows, from fully paid up capital instruments (0040) to share premium (0440). That makes nine checks. A failure names the one that failed.
How the Line4 Check report words itShowHide
The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.
Other funds >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark I 11.01 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
Own funds composition - group capital test (I 11.01)
Rows
- 0040Fully paid up capital instruments
- 0050Share premium
- 0130Other funds
- 0300Additional Tier 1 capital
- 0310Fully paid up, directly issued capital instruments
- 0320Share premium
- 0420Tier 2 capital
- 0430Fully paid up, directly issued capital instruments
- 0440Share premium
Column
- 0010Amount
A worked example
The first of its checks, with simple numbers.
Other funds must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
Show the rule as writtenShowHide
EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{I_11.01,r0130,c0010,} >= 0The next five:
{I_11.01,r0310,c0010,} >= 0{I_11.01,r0040,c0010,} >= 0{I_11.01,r0300,c0010,} >= 0{I_11.01,r0420,c0010,} >= 0{I_11.01,r0320,c0010,} >= 0And 3 more, the same formula for the other cells it covers.
Other rules on I 11.01
Every IFR group capital test rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.