The rule in plain words
Total GAR assets, environmentally sustainable (taxonomy-aligned) must equal GAR stock, total (climate change mitigation + climate change adaptation) times total assets in the denominator (GAR), total gross carrying amount.
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.
D_07.00.A: TOTAL GAR ASSETS, Of which environmentally sustainable (Taxonomy-aligned) = D_06.00.A: GAR stock, Total (Climate change mitigation + Climate change adaptation) × D_07.00.A: TOTAL ASSETS IN THE DENOMINATOR (GAR), Total gross carrying amount
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 D 06.00 and 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
Summary of GAR KPIs (gar) (I) (D 06.00.a)
Row
- 0010GAR stock
Column
- 0030Total (Climate change mitigation + Climate change adaptation)
Mitigating actions: assets for the calculation of GAR (I) (D 07.00.a)
Rows
- 0320TOTAL GAR ASSETS
- 0450TOTAL ASSETS IN THE DENOMINATOR (GAR)
Columns
- 0010Total gross carrying amount
- 0130Of which environmentally sustainable (Taxonomy-aligned)
Show the rule as writtenShowHide
EBA's formula. Cells are written as {template, row, column, sheet}.
{D_07.00.a,r0320,c0130,} = {D_06.00.a,r0010,c0030,} * {D_07.00.a,r0450,c0010,}Other rules on D 06.00.a
- Total GAR assets, environmentally sustainable (taxonomy-aligned) must equal GAR stock, climate change adaptation times total assets in the denominator (GAR), total gross carrying amount (v89379_m)Warning
- Total GAR assets, environmentally sustainable (taxonomy-aligned) must equal GAR stock, climate change mitigation times total assets in the denominator (GAR), total gross carrying amount (v89378_m)Warning
- GAR flow, total (climate change mitigation + climate change adaptation) cannot be more than 1 (v89298_m)Warning
- GAR stock, total (climate change mitigation + climate change adaptation) cannot be more than 1 (v89294_m)Warning
- None of the six values it checks in summary of GAR KPIs (gar) (I) can be negative (v12843_s)Warning
Checks like this one, run at the point of submission, are the first step to real-time supervision.