The rule in plain words
Domestic activities must equal small and medium-sized Enterprises plus non-financial corporations other than SMEs.
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.
Actual current position: Domestic activities = Small and Medium-sized Enterprises + Non-financial corporations other than SMEs
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- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 01.02 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
Liabilities (P 01.02)
Rows
- 070Domestic activities
- 090Small and Medium-sized Enterprises
- 100Non-financial corporations other than SMEs
Columns
- 010Actual current position
- 030Planned Year 1 Position
- 040Planned Year 2 Position
- 050Planned Year 3 Position
A worked example
The first of its checks, with simple numbers.
Domestic activities 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, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.
{P_01.02,r070,c010,} = {P_01.02,r090,c010,} + {P_01.02,r100,c010,}The next three:
{P_01.02,r070,c050,} = {P_01.02,r090,c050,} + {P_01.02,r100,c050,}{P_01.02,r070,c030,} = {P_01.02,r090,c030,} + {P_01.02,r100,c030,}{P_01.02,r070,c040,} = {P_01.02,r090,c040,} + {P_01.02,r100,c040,}Other rules on P 01.02
- Total long-term secured debt securities issued must equal the sum of its three parts (v5727_m)Warning
- If deposits from households (excl. repurchase agreements) is more than zero, domestic activities must be more than zero (v6224_m)Warning
- If deposits from non-financial corporations (excl. repurchase agreements) is more than zero, domestic activities must be more than zero (v6226_m)Warning
- If original maturity >= 3 years is more than zero, long-term debt securities issued (original maturity >=1 year) must be more than zero (v6229_m)Warning
- If actual current position is not zero, planned Year 1 Position cannot be zero, and planned Year 2 Position cannot be zero, and planned Year 3 Position cannot be zero (v6230_m)Warning
- If deposits from households (excl. repurchase agreements) in P 01.02 is not zero, deposits from households (excl. repurchase agreements) in P 02.05 cannot be zero (v6233_m)Warning
- Deposits from households (excl. repurchase agreements): if domestic activities in P 01.02 is not zero, domestic activities in P 02.05 cannot be zero (v6234_m)Warning
- If deposits from non-financial corporations (excl. repurchase agreements) in P 01.02 is not zero, deposits from non-financial corporations (excl. repurchase agreements) in P 02.05 cannot be zero (v6235_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.