The rule in plain words
For non-financial corporations: small and medium-sized Enterprises, accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions must equal small and medium sized enterprises, accumulated negative changes in fair value due to credit risk on non-performing exposures (all sheets added up).
The headline gives only the kind of check and the template, because the rule is too long to say in a headline. The plain words above say all of it.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
F_18.00.B: Of which: Small and Medium-sized Enterprises, Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions = F_20.04: Of which: Small and medium sized enterprises, Accumulated negative changes in fair value due to credit risk on non-performing exposures (all sheets added up)
What to do if your filing fails it
- 01Open the templates below and find the cells the rule reads.
- 02Work out both sides from your file, as the rule in plain words sets out, and compare them.
- 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark F 18.00 and F 20.04 as reported.
- 05This 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
Information on performing and non-performing exposures (II) (F 18.00.b)
Row
- 0920Of which: Small and Medium-sized Enterprises
Column
- 0130Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions
Geographical breakdown of assets by residence of the counterparty (F 20.04)
Row
- 0200Of which: Small and medium sized enterprises
Column
- 0040Accumulated negative changes in fair value due to credit risk on non-performing exposures
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{F_18.00.b,r0920,c0130,} = sum({F_20.04,r0200,c0040,})Other rules on F 18.00.b
- The sum of two rows must equal credit for consumption, accumulated impairment (all sheets added up) (v8689_m)Warning
- Non-financial corporations: a calculation check across information on performing and non-performing exposures, and geographical breakdown of assets (F 20.04, row 0923, v8691_m)Warning
- The sum of two rows must equal loans collateralized by residential immovable property, accumulated impairment (all sheets added up) (v8688_m)Warning
- Households: a calculation check across information on performing and non-performing exposures, and geographical breakdown of assets (F 20.04, row 0930, v8692_m)Warning
- The sum of two rows must equal loans collateralized by commercial immovable property, accumulated impairment (all sheets added up) (v8687_m)Warning
- Households: a calculation check across information on performing and non-performing exposures, and geographical breakdown of assets (F 20.04, row 0933, v8693_m)Warning
- The sum of two rows must equal small and medium sized enterprises, accumulated impairment (all sheets added up) (v8686_m)Warning
- Closing balance, non-performing exposures, loans and advances must equal the sum of its three parts (F 24.02, v8052_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.