The rule in plain words
Intangible assets must equal goodwill plus other intangible assets.
All the values are in the carrying amount column (0010) of F 01.01.
How the Line4 Check report words itShowHide
Word for word as the report shows it when the rule fails.
Intangible assets = Goodwill + Other intangible assets
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- 03If they differ, a part is missing, a value sits in the wrong row, or the total is out of date.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 01.01 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
Balance sheet statement: assets (F 01.01)
Rows
- 0300Intangible assets
- 0310Goodwill
- 0320Other intangible assets
Column
- 0010Carrying amount
A worked example
The first of its checks, with simple numbers.
Intangible assets 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_01.01,r0300,c0010,} = {F_01.01,r0310,c0010,} + {F_01.01,r0320,c0010,}Other rules on F 01.01
- Carrying amount must equal domestic activities plus non-domestic activities (v903537_h)Warning
- Investments in subsidiaries, joint ventures and associates, carrying amount must equal the sum of its two parts (v903536_h)Warning
- Equity instruments, carrying amount must equal the sum of its two parts (v903535_h)Warning
- Other assets: carrying amount must equal domestic activities plus non-domestic activities (v903534_h)Warning
- Tax assets: carrying amount must equal domestic activities plus non-domestic activities (v903533_h)Warning
- Non-current assets and disposal groups classified as held for sale, carrying amount must equal the sum of its two parts (v903532_h)Warning
- Cash, cash balances at central banks and other demand deposits must equal the sum of its three parts (v89798_h)Warning
- Other non-trading non-derivative financial assets must equal the sum of its three parts (v23907_h)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.