The rule in plain words
Property plant and equipment cannot be more than property, plant and equipment.
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_21.00: Property plant and equipment <= F_01.01: Property, plant and equipment
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
- 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 21.00 and F 01.01 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
Balance sheet statement: assets (F 01.01)
Row
- 0280Property, plant and equipment
Column
- 0010Carrying amount
Tangible and intangible assets: assets subject to operating lease (F 21.00)
Row
- 0010Property plant and equipment
Column
- 0010Carrying amount
A worked example
The first of its checks, with simple numbers.
Property, plant and equipment must then be at least 1,200.
A file that reports 1,200 passes. One that reports 1,100 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_21.00,r0010,c0010,} <= {F_01.01,r0280,c0010,}Other rules on F 01.01
- Investment property in F 21.00 cannot be more than investment property in F 01.01 (v1105_m)Warning
- Other intangible assets in F 21.00 cannot be more than other intangible assets in F 01.01 (v1106_m)Warning
- Subordinated [for the issuer] financial assets cannot be more than the sum of 22 rows (v1086_m)Warning
- An upper-limit check across breakdown of collateral and guarantees, and balance sheet statement: assets (F 13.01, v1069_m)Warning
- An upper-limit check across related parties and balance sheet statement: assets (F 31.01, row 0040, v1029_m)Warning
- An upper-limit check across related parties and balance sheet statement: assets (F 31.01, row 0030, v1028_m)Warning
- An upper-limit check across related parties and balance sheet statement: assets (F 31.01, row 0020, v1026_m)Warning
- Loans and advances, asset management plus loans and advances, securitisation special purpose entities plus loans and advances, other activities cannot be more than the sum of twelve rows (v1006_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.