The rule in plain words
Total GAR assets must equal loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation plus collateral obtained by taking possession: residential and commercial immovable properties.
EBA checks it for 16 columns, from total gross carrying amount (0010) to enabling environmentally sustainable (taxonomy-aligned) (0160). That makes 16 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.
Total gross carrying amount: TOTAL GAR ASSETS = Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation + Collateral obtained by taking possession: residential and commercial immovable properties
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Add up the parts in your file and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
- 04EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark D 07.00 as reported.
- 06This 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
Mitigating actions: assets for the calculation of GAR (I) (D 07.00.a)
Rows
- 0010Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation
- 0310Collateral obtained by taking possession: residential and commercial immovable properties
- 0320TOTAL GAR ASSETS
Columns
- 0010Total gross carrying amount
- 0020Of which towards taxonomy relevant sectors (Taxonomy-eligible)
- 0030Of which environmentally sustainable (Taxonomy-aligned)
- 0040Of which specialised lending
- 0050Of which transitional
- 0060Of which enabling
- 0070Of which towards taxonomy relevant sectors (Taxonomy-eligible)
- 0080Of which environmentally sustainable (Taxonomy-aligned)
- 0090Of which specialised lending
- 0100Of which adaptation
- 0110Of which enabling
- 0120Of which towards taxonomy relevant sectors (Taxonomy-eligible)
- 0130Of which environmentally sustainable (Taxonomy-aligned)
- 0140Of which specialised lending
- 0150Of which transitional/adaptation
- 0160Of which enabling
A worked example
The first of its checks, with simple numbers.
Total GAR assets must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{D_07.00.a,r0320,c0010,} = {D_07.00.a,r0010,c0010,} + {D_07.00.a,r0310,c0010,}The next five:
{D_07.00.a,r0320,c0020,} = {D_07.00.a,r0010,c0020,} + {D_07.00.a,r0310,c0020,}{D_07.00.a,r0320,c0030,} = {D_07.00.a,r0010,c0030,} + {D_07.00.a,r0310,c0030,}{D_07.00.a,r0320,c0040,} = {D_07.00.a,r0010,c0040,} + {D_07.00.a,r0310,c0040,}{D_07.00.a,r0320,c0050,} = {D_07.00.a,r0010,c0050,} + {D_07.00.a,r0310,c0050,}{D_07.00.a,r0320,c0060,} = {D_07.00.a,r0010,c0060,} + {D_07.00.a,r0310,c0060,}And 10 more, the same formula for the other cells it covers.
Other rules on D 07.00.a
- Total assets in the denominator (GAR) must equal the sum of its seven parts (v12729_m)Warning
- Total assets excluded from numerator and denominator must equal the sum of its three parts (v12730_m)Warning
- Total assets must equal the sum of its two parts (v12731_m)Warning
- None of the 248 values it checks in mitigating actions can be negative (v12817_s)Warning
- None of the 52 values it checks in mitigating actions can be negative (v12818_s)Warning
- None of the 108 values it checks in mitigating actions can be negative (v12819_s)Warning
- Specialised lending cannot be negative (v12820_s)Warning
- EU non-financial corporations (not subject to NFRD disclosure obligations) must equal the sum of its three parts (v23934_h)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.