Line4

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

Statement of profit or loss: Forecast data: a total must equal the sum of its parts (FF02.00.02.01, Bank of England check boe_v0795_m_2)

A blocking check on the statement of profit or loss: Forecast data template (FF02.00.02.01), in the PRA 104, 105, 106, 107 GAAP based balance sheet and profit & loss forecasts (PRA_GAAP) return.

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

Check your file for this ruleWhat to do if it fails

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 (FF02.00.02.01): "Profit or (-) loss before tax from continuing operations" (row 0610) must equal "Interest income" (row 0010) minus "(Interest expenses)" (row 0090) minus "(Expenses on share capital repayable on demand)" (row 0150) plus "Dividend income" (row 0160) plus "Fee and commission income" (row 0200) minus "(Fee and commission expenses)" (row 0210) plus "Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net" (row 0220) plus "Gains or (-) losses on financial assets and liabilities held for trading, net" (row 0280) plus "Gains or (-) losses on trading financial assets and liabilities, net" (row 0285) plus "Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net" (row 0287) plus "Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net" (row 0290) plus "Gains or (-) losses on non-trading financial assets and liabilities, net" (row 0295) plus "Gains or (-) losses from hedge accounting, net" (row 0300) plus "Exchange differences [gain or (-) loss], net" (row 0310) plus "Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net" (row 0320) plus "Gains or (-) losses on derecognition of non-financial assets, net" (row 0330) plus "Other operating income" (row 0340) minus "(Other operating expenses)" (row 0350) minus "(Administrative expenses)" (row 0360) minus "(Depreciation)" (row 0390) plus "Modification gains or (-) losses, net" (row 0425) minus "(Provisions or (-) reversal of provisions)" (row 0430) minus "(Increases or (-) decreases of the fund for general banking risks, net)" (row 0455) minus "(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)" (row 0460) minus "(Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates)" (row 0510) minus "(Impairment or (-) reversal of impairment on non-financial assets)" (row 0520) plus "Negative goodwill recognised in profit or loss" (row 0580) plus "Share of the profit or (-) loss of investments in subsidiaries, joint ventures and associates" (row 0590) plus "Profit or (-) loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations" (row 0600).

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.

What to do if your return fails it

  1. 01Open the table below and find the cells the rule reads.
  2. 02Add up the parts in your return and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
  4. 04The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark FF02.00.02 as reported.
  6. 06This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Statement of profit or loss: Forecast data (FF02.00.02.01)

Rows

  • R0010Interest income
  • R0090(Interest expenses)
  • R0150(Expenses on share capital repayable on demand)
  • R0160Dividend income
  • R0200Fee and commission income
  • R0210(Fee and commission expenses)
  • R0220Gains or (-) losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss, net
  • R0280Gains or (-) losses on financial assets and liabilities held for trading, net
  • R0285Gains or (-) losses on trading financial assets and liabilities, net
  • R0287Gains or (-) losses on non-trading financial assets mandatorily at fair value through profit or loss, net
  • R0290Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net
  • R0295Gains or (-) losses on non-trading financial assets and liabilities, net
  • R0300Gains or (-) losses from hedge accounting, net
  • R0310Exchange differences [gain or (-) loss], net
  • R0320Gains or (-) losses on derecognition of investments in subsidiaries, joint ventures and associates, net
  • R0330Gains or (-) losses on derecognition of non-financial assets, net
  • R0340Other operating income
  • R0350(Other operating expenses)
  • R0360(Administrative expenses)
  • R0390(Depreciation)
  • R0425Modification gains or (-) losses, net
  • R0430(Provisions or (-) reversal of provisions)
  • R0455(Increases or (-) decreases of the fund for general banking risks, net)
  • R0460(Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss)
  • R0510(Impairment or (-) reversal of impairment of investments in subsidiaries, joint ventures and associates)
  • R0520(Impairment or (-) reversal of impairment on non-financial assets)
  • R0580Negative goodwill recognised in profit or loss
  • R0590Share of the profit or (-) loss of investments in subsidiaries, joint ventures and associates
  • R0600Profit or (-) loss from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations
  • R0610Profit or (-) loss before 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 GAAP based balance sheet and profit & loss forecasts (PRA_GAAP) return on Bank of England banking taxonomy 4.1.1. The Bank of England applies it to PRA 104, 105, 106, 107 GAAP based balance sheet and profit & loss forecasts (PRA_GAAP) 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_v0795_m_2: [FF 02.00.02 (C0010-0020)] {r0610} = {r0010} - {r0090} - {r0150} + {r0160} + {r0200} - {r0210} + {r0220} + {r0280} + {r0285} + {r0287} + {r0290} + {r0295} + {r0300} + {r0310} + {r0320} + {r0330} + {r0340} - {r0350} - {r0360} - {r0390} + {r0425} - {r0430} - {r0455} - {r0460} - {r0510} - {r0520} + {r0580} + {r0590} + {r0600}
Show the formulaShow

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

{t: FF02.00.02.01, r: 0610} = {t: FF02.00.02.01, r: 0010} - {t: FF02.00.02.01, r: 0090} - {t: FF02.00.02.01, r: 0150} + {t: FF02.00.02.01, r: 0160} + {t: FF02.00.02.01, r: 0200} - {t: FF02.00.02.01, r: 0210} + {t: FF02.00.02.01, r: 0220} + {t: FF02.00.02.01, r: 0280} + {t: FF02.00.02.01, r: 0285} + {t: FF02.00.02.01, r: 0287} + {t: FF02.00.02.01, r: 0290} + {t: FF02.00.02.01, r: 0295} + {t: FF02.00.02.01, r: 0300} + {t: FF02.00.02.01, r: 0310} + {t: FF02.00.02.01, r: 0320} + {t: FF02.00.02.01, r: 0330} + {t: FF02.00.02.01, r: 0340} - {t: FF02.00.02.01, r: 0350} - {t: FF02.00.02.01, r: 0360} - {t: FF02.00.02.01, r: 0390} + {t: FF02.00.02.01, r: 0425} - {t: FF02.00.02.01, r: 0430} - {t: FF02.00.02.01, r: 0455} - {t: FF02.00.02.01, r: 0460} - {t: FF02.00.02.01, r: 0510} - {t: FF02.00.02.01, r: 0520} + {t: FF02.00.02.01, r: 0580} + {t: FF02.00.02.01, r: 0590} + {t: FF02.00.02.01, r: 0600}

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

scope({t: FF02.00.02.01, c: 0010; 0020, seq: False, f: banking, fv: financialstatements})

Every PRA banking rule on FF02.00.02.01

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.