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

Balance Sheet: Forecast data [Liabilities]: "Total liabilities" must equal the sum of 13 cells (FF01.02.02.01, Bank of England check boe_v1698_m_2)

A blocking check on the balance Sheet: Forecast data [Liabilities] template (FF01.02.02.01), 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 Balance Sheet: Forecast data [Liabilities] (FF01.02.02.01): "Total liabilities" (row 0300) must equal the sum of 13 cells (listed below).

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  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.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 FF01.02.02 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

Balance Sheet: Forecast data [Liabilities] (FF01.02.02.01)

Rows

  • R0010Financial liabilities held for trading
  • R0061Trading financial liabilities
  • R0070Financial liabilities designated at fair value through profit or loss
  • R0110Financial liabilities measured at amortised cost
  • R0141Non-trading non-derivative financial liabilities measured at a cost-based method
  • R0150Derivatives - Hedge accounting
  • R0160Fair value changes of the hedged items in portfolio hedge of interest rate risk
  • R0170Provisions
  • R0240Tax liabilities
  • R0270Share capital repayable on demand
  • R0280Other liabilities
  • R0290Liabilities included in disposal groups classified as held for sale
  • R0295Haircuts for trading liabilities at fair value
  • R0300Total liabilities

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_v1698_m_2: [FF 01.02.02 (C0010-0020)] {r0300} = {r0010} + {r0061} + {r0070} + {r0110} + {r0141} + {r0150} + {r0160} + {r0170} + {r0240} + {r0270} + {r0280} + {r0290} + {r0295}
Show the formulaShow

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

{t: FF01.02.02.01, r: 0300} = {t: FF01.02.02.01, r: 0010} + {t: FF01.02.02.01, r: 0061} + {t: FF01.02.02.01, r: 0070} + {t: FF01.02.02.01, r: 0110} + {t: FF01.02.02.01, r: 0141} + {t: FF01.02.02.01, r: 0150} + {t: FF01.02.02.01, r: 0160} + {t: FF01.02.02.01, r: 0170} + {t: FF01.02.02.01, r: 0240} + {t: FF01.02.02.01, r: 0270} + {t: FF01.02.02.01, r: 0280} + {t: FF01.02.02.01, r: 0290} + {t: FF01.02.02.01, r: 0295}

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

scope({t: FF01.02.02.01, c: 0010; 0020, seq: False, f: banking, fv: financialstatements})

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.