The rule in plain words
The item "Total assets" reported in Balance sheet (SR.02.01) [RFF/MP/RM] must be equal to the sum of the different items reported above
What to do if your return fails it
- 01Open the tables below and find the cells the rule reads.
- 02The check applies only when its first part holds in your return. When it does, the second part must hold too: fix the second part, or correct the first.
- 03EIOPA allows a small rounding difference, worked out from the decimals each value is reported with.
- 04It runs only when your filing indicators mark SR.01.01 and SR.02.01 as reported.
- 05This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Content of the submission (SR.01.01.07.01)
Row
- R0790SR.02.01.07 - Balance sheet
Column
- C0010Reporting status
Balance sheet (SR.02.01.07.01)
Rows
- R0010Goodwill
- R0020Deferred acquisition costs
- R0030Intangible assets
- R0040Deferred tax assets
- R0050Pension benefit surplus
- R0060Property, plant & equipment held for own use
- R0070Investments (other than assets held for index-linked and unit-linked contracts)
- R0220Assets held for index-linked and unit-linked contracts
- R0230Loans and mortgages
- R0270Reinsurance recoverables from:
- R0350Deposits to cedants
- R0360Insurance and intermediaries receivables
- R0370Reinsurance receivables
- R0380Receivables (trade, not insurance)
- R0410Cash and cash equivalents
- R0420Any other assets, not elsewhere shown
- R0500Total assets
Column
- C0020Branch management accounts value
Which returns it applies to
Line4 Check runs it on annual branch (ARB) return on EIOPA taxonomy 2.10.0. EIOPA applies it to annual branch (ARB) and annual ECB branch (AEB) returns, as a blocking check.
EIOPA’s own words and formula
In EIOPA’s list of validations, word for word:
The item "Total assets" reported in SR.02.01 - Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above.
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
if ({t: SR.01.01.07.01, r: R0790, c: C0010, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x60]} = [s2c_CN:x1]) then {t: SR.02.01.07.01, r: R0500, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} = {t: SR.02.01.07.01, r: R0010, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0020, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0030, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0040, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0050, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0060, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0070, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0220, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0230, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0270, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0350, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0360, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0370, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0380, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0410, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} + {t: SR.02.01.07.01, r: R0420, c: C0020, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]} else true()Other rules on Content of the submission (SR.01.01)
- The item "Total assets" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV518_2-2)Blocking
- The item "Total assets" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV517_2-1)Blocking
- The item "Total assets" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV517_2-2)Blocking
- The item "Total liabilities" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV519_2-1)Blocking
- The item "Total liabilities" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV519_2-2)Blocking
- The item "Total liabilities" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV520_2-1)Blocking
- The item "Total liabilities" reported in Balance sheet [RFF/MP/RM] must be equal to the sum of the different items reported above (BV520_2-2)Blocking
- Content of the submission and non-life technical provisions: a conditional check (BV522_2)Blocking
Every Solvency II rule on SR.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.