The rule in plain words
Hedging instruments [not designated elements] must equal these three added up:
- Valuation gains or (-) losses taken to equity
- Hedging instruments [not designated elements] transferred to profit or loss
- Other reclassifications
All the values are in the current period column (0010) of F 03.00.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Hedging instruments [not designated elements] = Valuation gains or (-) losses taken to equity + Transferred to profit or loss + Other reclassifications
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 03.00 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
Statement of comprehensive income (F 03.00)
Rows
- 0231Hedging instruments [not designated elements]
- 0232Valuation gains or (-) losses taken to equity
- 0233Transferred to profit or loss
- 0234Other reclassifications
Column
- 0010Current period
A worked example
The first of its checks, with simple numbers.
Hedging instruments [not designated elements] 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_03.00,r0231,c0010,} = {F_03.00,r0232,c0010,} + {F_03.00,r0233,c0010,} + {F_03.00,r0234,c0010,}Other rules on F 03.00
- Attributable to minority interest [Non-controlling interest], current period must equal the sum of its two parts (v4958_m)Warning
- Items that may be reclassified to profit or loss must equal the sum of its eight parts (v4957_m)Warning
- Items that will not to be reclassified to profit or loss must equal the sum of its nine parts (v4956_m)Warning
- Attributable to owners of the parent, current period must equal the sum of its two parts (v1384_m)Warning
- Total comprehensive income for the year: total must equal current period (v1383_m)Warning
- Total comprehensive income for the year must equal the sum of its two parts (v1056_h)Blocking
- Non-current assets and disposal groups held for sale must equal the sum of its three parts (v1054_m)Warning
- Financial assets at fair value through other comprehensive income must equal the sum of its three parts (v1053_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.