The rule in plain words
Total assets must equal these twelve added up:
- Cash and cash balances at central banks
- Reverse repurchase loans
- Loans and advances to households (exc reverse repurchase loans)
- Loans and advances to non-financial corporations (excl. reverse repurchase loans)
- Loans and advances to credit institutions (excl. reverse repurchase loans)
- Loans and advances to other financial corporations (excl. reverse repurchase loans)
- Loans and advances to central banks (excl. reverse repurchase loans)
- Loans and advances to general governments (excl. reverse repurchase loans)
- Derivatives
- Debt securities
- Equity instruments
- Other assets
EBA checks it for four columns: actual current position, planned Year 1 Position, planned Year 2 Position and planned Year 3 Position. That makes four 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.
Planned Year 1 Position: Total Assets = Cash and cash balances at central banks + Reverse repurchase loans + Loans and advances to households (exc reverse repurchase loans) + Loans and advances to non-financial corporations (excl. reverse repurchase loans) + Loans and advances to credit institutions (excl. reverse repurchase loans) + Loans and advances to other financial corporations (excl. reverse repurchase loans) + Loans and advances to central banks (excl. reverse repurchase loans) + Loans and advances to general governments (excl. reverse repurchase loans) + Derivatives + Debt securities + Equity instruments + Other assets
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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 P 01.01 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
Assets (P 01.01)
Rows
- 010Cash and cash balances at central banks
- 020Reverse repurchase loans
- 030Loans and advances to households (exc reverse repurchase loans)
- 100Loans and advances to non-financial corporations (excl. reverse repurchase loans)
- 180Loans and advances to credit institutions (excl. reverse repurchase loans)
- 190Loans and advances to other financial corporations (excl. reverse repurchase loans)
- 195Loans and advances to central banks (excl. reverse repurchase loans)
- 197Loans and advances to general governments (excl. reverse repurchase loans)
- 200Derivatives
- 205Debt securities
- 207Equity instruments
- 211Other assets
- 220Total Assets
Columns
- 010Actual current position
- 030Planned Year 1 Position
- 040Planned Year 2 Position
- 050Planned Year 3 Position
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}.
{P_01.01,r220,c030,} = {P_01.01,r010,c030,} + {P_01.01,r020,c030,} + {P_01.01,r030,c030,} + {P_01.01,r100,c030,} + {P_01.01,r180,c030,} + {P_01.01,r190,c030,} + {P_01.01,r195,c030,} + {P_01.01,r197,c030,} + {P_01.01,r200,c030,} + {P_01.01,r205,c030,} + {P_01.01,r207,c030,} + {P_01.01,r211,c030,}The next three:
{P_01.01,r220,c040,} = {P_01.01,r010,c040,} + {P_01.01,r020,c040,} + {P_01.01,r030,c040,} + {P_01.01,r100,c040,} + {P_01.01,r180,c040,} + {P_01.01,r190,c040,} + {P_01.01,r195,c040,} + {P_01.01,r197,c040,} + {P_01.01,r200,c040,} + {P_01.01,r205,c040,} + {P_01.01,r207,c040,} + {P_01.01,r211,c040,}{P_01.01,r220,c010,} = {P_01.01,r010,c010,} + {P_01.01,r020,c010,} + {P_01.01,r030,c010,} + {P_01.01,r100,c010,} + {P_01.01,r180,c010,} + {P_01.01,r190,c010,} + {P_01.01,r195,c010,} + {P_01.01,r197,c010,} + {P_01.01,r200,c010,} + {P_01.01,r205,c010,} + {P_01.01,r207,c010,} + {P_01.01,r211,c010,}{P_01.01,r220,c050,} = {P_01.01,r010,c050,} + {P_01.01,r020,c050,} + {P_01.01,r030,c050,} + {P_01.01,r100,c050,} + {P_01.01,r180,c050,} + {P_01.01,r190,c050,} + {P_01.01,r195,c050,} + {P_01.01,r197,c050,} + {P_01.01,r200,c050,} + {P_01.01,r205,c050,} + {P_01.01,r207,c050,} + {P_01.01,r211,c050,}Other rules on P 01.01
- Loans and advances to group entities not within the prudential scope of consolidation (excl. reverse repurchase loans) cannot be more than the sum of two rows (v4104_m)Warning
- None of the 140 values it checks in assets can be negative (v4390_s)Warning
- Each of the 24 values it checks in assets cannot be more than zero (v4391_s)Warning
- Domestic activities must equal the sum of its two parts (v5918_h)Warning
- If loans and advances to households (exc reverse repurchase loans) is more than zero, domestic activities must be more than zero (v6217_m)Warning
- Loans and advances to households (exc reverse repurchase loans): if domestic activities is more than zero, accumulated impairment, accumulated negative changes in fair value due to credit risk for domestic activities (memo item) must be negative (v6219_m)Warning
- If loans and advances to non-financial corporations (excl. reverse repurchase loans) is more than zero, domestic activities must be more than zero (v6220_m)Warning
- Loans and advances to non-financial corporations (excl. reverse repurchase loans): if domestic activities is more than zero, accumulated impairment, accumulated negative changes in fair value due to credit risk for domestic activities (memo item) must be negative (v6222_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.