The rule in plain words
Closing balance, non-financial corporations must equal closing balance, SMEs plus non-financial corporations - other than SMEs, non Performing.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_24.01: Closing balance, of which: Non-financial corporations = F_24.01: Closing balance, of which: SMEs + F_23.02: of which: Non-financial corporations - other than SMEs, Non Performing
What to do if your filing fails it
- 01Open the templates 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- 03If they differ, a part is missing, a value sits in the wrong column, or the total is out of date.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 23.02 and F 24.01 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
Loans and advances: additional information on gross carrying amounts (F 23.02)
Row
- 0060of which: Non-financial corporations - other than SMEs
Column
- 0060Non Performing
Loans and advances: inflows and outflows of non-performing exposures (F 24.01)
Row
- 0320Closing balance
Columns
- 0040of which: Non-financial corporations
- 0050of which: SMEs
A worked example
The first of its checks, with simple numbers.
Closing balance, non-financial corporations 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}.
{F_24.01,r0320,c0040,} = {F_24.01,r0320,c0050,} + {F_23.02,r0060,c0060,}Other rules on F 23.02
- None of the 328 values it checks in loans and advances can be negative (v8311_s)Warning
- None of the 54 values it checks in loans and advances can be negative (v8310_s)Warning
- Exposures with forbearance measures, gross carrying amount must equal the sum of its two parts (v8309_h)Warning
- Gross carrying amount must equal non Performing plus performing (v8308_h)Warning
- None of the 204 values it checks in loans and advances can be negative (v8420_s)Warning
- Past due > 30 days <= 90 days cannot be negative (v8421_s)Warning
- Loans and advances with an accumulated coverage ratio > 90%: non-financial corporations, SMEs plus non-financial corporations, other than SMEs cannot be less than commercial Real Estate (CRE) loans to SMEs plus commercial Real Estate (CRE) loans to NFCs other than SMEs (v7962_m)Warning
- Loans and advances with an accumulated coverage ratio > 90% cannot be less than the sum of three rows (v7961_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.