The rule in plain words
Total gross carrying amount cannot be negative.
EBA checks it for 48 rows, from loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation (0010) to total assets (0500). That makes 48 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.
Total gross carrying amount: Loans and advances >= 0
What to do if your filing fails it
- 01Open the template below and find the cells the rule reads.
- 02Look for a value with the wrong sign in these cells, such as an amount entered as a negative number.
- 03EBA compares the values exactly here: there is no rounding tolerance.
- 04It runs only when your filing indicators mark D 07.00 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
Mitigating actions: assets for the calculation of GAR (I) (D 07.00.a)
Rows
- 0010Loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation
- 0020Financial corporations
- 0030Credit institutions
- 0040Loans and advances
- 0050Debt securities, including UoP
- 0060Equity instruments
- 0070Other financial corporations
- 0080of which investment firms
- 0090Loans and advances
- 0100Debt securities, including UoP
- 0110Equity instruments
- 0120of which management companies
- 0130Loans and advances
- 0140Debt securities, including UoP
- 0150Equity instruments
- 0160of which insurance undertakings
- 0170Loans and advances
- 0180Debt securities, including UoP
- 0190Equity instruments
- 0200Non-financial corporations (subject to NFRD disclosure obligations)
- 0210Loans and advances
- 0220Debt securities, including UoP
- 0230Equity instruments
- 0240Households
- 0250of which loans collateralised by residential immovable property
- 0260of which building renovation loans
- 0270of which motor vehicle loans
- 0280Local governments financing
- 0290Housing financing
- 0310Collateral obtained by taking possession: residential and commercial immovable properties
- 0320TOTAL GAR ASSETS
- 0330EU Non-financial corporations (not subject to NFRD disclosure obligations)
- 0340Loans and advances
- 0350Debt securities
- 0360Equity instruments
- 0370Non-EU Non-financial corporations (not subject to NFRD disclosure obligations)
- 0380Loans and advances
- 0390Debt securities
- 0400Equity instruments
- 0420On demand interbank loans
And 8 more.
Column
- 0010Total gross carrying amount
A worked example
The first of its checks, with simple numbers.
Loans and advances, total gross carrying amount must then be at least 0.
A file that reports 0 passes. One that reports -100 fails, by 100.
The numbers are illustrative.
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}.
{D_07.00.a,r0130,c0010,} >= 0The next five:
{D_07.00.a,r0060,c0010,} >= 0{D_07.00.a,r0120,c0010,} >= 0{D_07.00.a,r0230,c0010,} >= 0{D_07.00.a,r0140,c0010,} >= 0{D_07.00.a,r0070,c0010,} >= 0And 42 more, the same formula for the other cells it covers.
Other rules on D 07.00.a
- Non-financial corporations (subject to NFRD disclosure obligations): total gross carrying amount cannot be less than environmentally sustainable (taxonomy-aligned) (v89264_m)Warning
- Investment firms: total gross carrying amount cannot be less than environmentally sustainable (taxonomy-aligned) (v89267_m)Warning
- Towards taxonomy relevant sectors (taxonomy-eligible) cannot be less than environmentally sustainable (taxonomy-aligned) (v89312_m)Warning
- Total GAR assets cannot be more than total assets (v89315_m)Warning
- Environmentally sustainable (taxonomy-aligned): loans and advances, debt securities and equity instruments not HfT eligible for GAR calculation must equal the sum of its four parts (v89334_m)Warning
- GAR - covered assets in both numerator and denominator: total gross carrying amount cannot be less than towards taxonomy relevant sectors (taxonomy-eligible) (row 0320, v89335_m)Warning
- GAR - covered assets in both numerator and denominator: total gross carrying amount cannot be less than towards taxonomy relevant sectors (taxonomy-eligible) (row 0310, v89336_m)Warning
- Management companies: total gross carrying amount cannot be less than towards taxonomy relevant sectors (taxonomy-eligible) (v89337_m)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.