The rule in plain words
Tier 1 capital must equal common equity tier 1 capital plus additional tier 1 capital.
All the values are in the amount column (0010) of C 01.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
TIER 1 CAPITAL = COMMON EQUITY TIER 1 CAPITAL + ADDITIONAL TIER 1 CAPITAL
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 C 01.00 as reported.
- 06This is a blocking check. A filing that fails it is normally rejected, so fix it before you submit.
The cells it reads
Capital adequacy - own funds definition (C 01.00)
Rows
- 0015TIER 1 CAPITAL
- 0020COMMON EQUITY TIER 1 CAPITAL
- 0530ADDITIONAL TIER 1 CAPITAL
Column
- 0010Amount
A worked example
The first of its checks, with simple numbers.
Tier 1 capital 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. Cells are written as {template, row, column, sheet}.
{C_01.00,r0015,c0010,} = {C_01.00,r0020,c0010,} + {C_01.00,r0530,c0010,}Other rules on C 01.00
- Surplus or Deficit of total capital must equal own funds minus total risk exposure amount times 0.08 (v0223_m)Blocking
- Own funds must equal total risk exposure amount times total capital ratio (v0222_m)Blocking
- Surplus or Deficit of T1 capital must equal tier 1 capital minus total risk exposure amount times 0.06 (v0221_m)Blocking
- Tier 1 capital must equal total risk exposure amount times T1 capital ratio (v0220_m)Blocking
- Surplus or Deficit of CET1 capital must equal common equity tier 1 capital minus total risk exposure amount times 0.045 (v0219_m)Blocking
- Common equity tier 1 capital must equal total risk exposure amount times CET1 capital ratio (v0218_m)Blocking
- Common equity tier 1 capital: a matching-values check across capital adequacy: own funds definition and capital adequacy: transitional provisions: Summary (C 05.01, v0191_m)Warning
- Own T2 instruments must equal the sum of its three parts (v0188_m)Warning
Every COREP own funds rule, by template
Checks like this one, run at the point of submission, are the first step to real-time supervision.