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1 min readBlockingBank of England banking taxonomy 4.1.1Updated 11 November 2026

Statement of profit or loss: Forecast data: values must agree (FF02.00.01.01, Bank of England check boe_v0138_h_1)

A blocking check on the statement of profit or loss: Forecast data template (FF02.00.01.01), in the PRA 104, 105, 106, 107 IFRS based balance sheet and profit & loss forecasts (PRA_IFRS) return.

Line4 Check runs it on the PRA 104, 105, 106, 107 IFRS based balance sheet and profit & loss forecasts (PRA_IFRS) return, proven on test files, check by check: the same outcome on all seven test files of that return.

Check your file for this rule

The rule in plain words

In each of "Forecast - end current year" (column 0010) and "Forecast - end next year" (column 0020) of Statement of profit or loss: Forecast data (FF02.00.01.01): "Profit or (-) loss after tax from continuing operations" (row 0630) must equal "Profit or (-) loss before tax from continuing operations" (row 0610) minus "(Tax expenses or (-) income related to profit or loss from continuing operations)" (row 0620).

The headline gives only the template and the kind of check, because the rule is too long to say in a headline. The plain words above say all of it.

This is a blocking check. A return that fails it is normally rejected, so fix it before you submit. It runs only when your filing indicators mark FF02.00.01 as reported.

The cells it reads

Statement of profit or loss: Forecast data (FF02.00.01.01)

Rows

  • R0610Profit or (-) loss before tax from continuing operations
  • R0620(Tax expenses or (-) income related to profit or loss from continuing operations)
  • R0630Profit or (-) loss after tax from continuing operations

Columns

  • C0010Forecast - end current year
  • C0020Forecast - end next year

Which returns it applies to

Line4 Check runs it on the PRA 104, 105, 106, 107 IFRS based balance sheet and profit & loss forecasts (PRA_IFRS) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to PRA 104, 105, 106, 107 IFRS based balance sheet and profit & loss forecasts (PRA_IFRS) returns, as a blocking check.

The Bank’s own words and formula

The plain words above spell out the Bank’s formula, with each cell named from its templates. In the Bank of England’s list of validations, word for word:

boe_v0138_h_1: [FF 02.00.01 (C0010-0020)] {r0630} = +{r0610} - {r0620}
Show the formulaShow

The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.

{t: FF02.00.01.01, r: 0630} = {t: FF02.00.01.01, r: 0610} - {t: FF02.00.01.01, r: 0620}

Where it applies, in the Bank's words (its scope):

scope({t: FF02.00.01.01, c: 0010; 0020, seq: False, f: banking, fv: financialstatements})

Every PRA banking rule on FF02.00.01.01

Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.