The rule in plain words
Other reserves must equal these three added up:
- Funds for general banking risks [if presented within equity]
- Reserves or accumulated losses of investments in subsidaries, joint ventures and associates accounted for using the equity method
- Other
All the values are in the carrying amount column (0010) of F 01.03.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Other reserves = Funds for general banking risks [if presented within equity] + Reserves or accumulated losses of investments in subsidaries, joint ventures and associates accounted for using the equity method + Other
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 F 01.03 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
Balance sheet statement: equity (F 01.03)
Rows
- 0210Other reserves
- 0215Funds for general banking risks [if presented within equity]
- 0220Reserves or accumulated losses of investments in subsidaries, joint ventures and associates accounted for using the equity method
- 0230Other
Column
- 0010Carrying amount
A worked example
The first of its checks, with simple numbers.
Other reserves must then be 2,450.
A file that reports 2,450 passes. One that reports 2,550 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_01.03,r0210,c0010,} = {F_01.03,r0215,c0010,} + {F_01.03,r0220,c0010,} + {F_01.03,r0230,c0010,}Other rules on F 01.03
- Capital must equal capital paid up capital plus unpaid capital which has been called up (v23840_h)Warning
- A conditional check across statement of comprehensive income and balance sheet statement: equity (F 03.00, v8715_m)Warning
- Items that may be reclassified to profit and loss must equal the sum of its seven parts (v5023_m)Warning
- Items that will not be reclassified to profit and loss must equal the sum of its eight parts (v5022_m)Warning
- Carrying amount cannot be negative (v3899_s)Warning
- Carrying amount cannot be more than zero (v2060_s)Warning
- An upper-limit check across breakdown of interests in unconsolidated structured entities and balance sheet statement: equity (F 30.02, v1010_m)Warning
- Profit or loss attributable to owners of the parent must equal attributable to owners of the parent (v0786_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.