The rule in plain words
Total operating income, net must equal these 18 worked out:
- Interest income
- Minus interest expense
- Minus expenses on share capital repayable on demand
- Dividend income
- Fee and commission income
- Minus fee and commission expenses
- Gains or (-) losses on financial assets & liabilities not measured at fair value through profit or loss, net
- Gains or (-) losses on financial assets and liabilities held for trading, net
- Gains or (-) losses on trading financial assets and liabilities, net
- Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net
- Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net
- Gains or (-) losses on non trading financial assets and liabilities, net
- Gains or (-) losses from hedge accounting, net
- Exchange differences [gain or (-) loss], net
- Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net
- Gains or (-) losses on derecognition of non financial assets other than held for sale, net
- Other operating income
- Minus other operating expenses
All the values are in the current period column (0010) of F 02.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
TOTAL OPERATING INCOME, NET = Interest income - (Interest expense) - (Expenses on share capital repayable on demand) + Dividend income + Fee and commission income - (Fee and commission Expenses) + Gains or (-) losses on financial assets & liabilities not measured at fair value through profit or loss, net + Gains or (-) losses on financial assets and liabilities held for trading, net + Gains or (-) losses on trading financial assets and liabilities, net + Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net + Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net + Gains or (-) losses on non trading financial assets and liabilities, net + Gains or (-) losses from hedge accounting, net + Exchange differences [gain or (-) loss], net + Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net + Gains or (-) losses on derecognition of non financial assets other than held for sale, net + Other operating income - (Other operating Expenses)
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 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 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
Statement of profit or loss (F 02.00)
Rows
- 0010Interest income
- 0090(Interest expense)
- 0150(Expenses on share capital repayable on demand)
- 0160Dividend income
- 0200Fee and commission income
- 0210(Fee and commission Expenses)
- 0220Gains or (-) losses on financial assets & liabilities not measured at fair value through profit or loss, net
- 0280Gains or (-) losses on financial assets and liabilities held for trading, net
- 0285Gains or (-) losses on trading financial assets and liabilities, net
- 0287Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net
- 0290Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net
- 0295Gains or (-) losses on non trading financial assets and liabilities, net
- 0300Gains or (-) losses from hedge accounting, net
- 0310Exchange differences [gain or (-) loss], net
- 0320Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net
- 0330Gains or (-) losses on derecognition of non financial assets other than held for sale, net
- 0340Other operating income
- 0350(Other operating Expenses)
- 0355TOTAL OPERATING INCOME, NET
Column
- 0010Current period
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_02.00,r0355,c0010,} = {F_02.00,r0010,c0010,} - {F_02.00,r0090,c0010,} - {F_02.00,r0150,c0010,} + {F_02.00,r0160,c0010,} + {F_02.00,r0200,c0010,} - {F_02.00,r0210,c0010,} + {F_02.00,r0220,c0010,} + {F_02.00,r0280,c0010,} + {F_02.00,r0285,c0010,} + {F_02.00,r0287,c0010,} + {F_02.00,r0290,c0010,} + {F_02.00,r0295,c0010,} + {F_02.00,r0300,c0010,} + {F_02.00,r0310,c0010,} + {F_02.00,r0320,c0010,} + {F_02.00,r0330,c0010,} + {F_02.00,r0340,c0010,} - {F_02.00,r0350,c0010,}Other rules on F 02.00
- The sum of five columns cannot be more than fee and commission expenses, current period (v1376_m)Warning
- The sum of five columns cannot be more than fee and commission income, current period (v1375_m)Warning
- The sum of five columns cannot be more than interest expense, current period (v1373_m)Warning
- The sum of five columns cannot be more than interest income, current period (v1372_m)Warning
- (tax expenses or income related to profit or loss from continuing operations), current period must equal the sum of its two parts (v1366_h)Warning
- Share of the profit or loss of investments insubsidaries, joint ventures and associates accounted for using the equity method, current period must equal the sum of its two parts (v1363_m)Warning
- Negative goodwill recognised in profit or loss, current period must equal the sum of its two parts (v1362_h)Warning
- (impairment or reversal of impairment of investments in subsidiaries, joint ventures and associates), current period must equal the sum of its two parts (v1360_h)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.