EBA欧洲银行-CP06Finrep_Annex1_07042005_70页_940kb

CEBS Consolidated Financial Reporting Framework Summary

Core Content Overview

This document outlines the consolidated financial reporting framework for CEBS (Central European Banking System) as of April 2005. It provides detailed guidance on how various financial items should be classified and reported in the balance sheet, income statement, and additional disclosure tables, referencing relevant IAS/IFRS standards and the draft CRD (Capital Requirements Directive).

Main Sections and Key Information

1. Consolidated Balance Sheet Statement

1.1 Assets

• Cash and cash balances with central banks: Referenced to IAS/IFRS standards and ED 7 IG29(e)
• Financial assets held for trading: ED 7.10(a); 39.9
• Derivatives held for trading: ED 7.10(a); 39.9
• Equity instruments: IAS 32.11
• Debt instruments issued by Central governments: IAS 39.9
• Credit institutions and Non credit institutions: Art. 86 of draft CRD
• Corporate and Retail: Art. 86 of draft CRD
• Loans and advances to Central governments: IAS 39.9
• Financial assets designated at fair value through profit or loss: ED 7.10(a); 39.9
• Available-for-sale financial assets: ED 7.10(d); 39.9
• Loans and receivables (including finance leases): ED 7.10(c); 39.9
• Held-to-maturity investments: ED 7.10(b); 39.9

1.2 Liabilities

• Deposits from central banks: CP
• Financial liabilities held for trading: ED 7.10(e); 39.9 AG 14-15
• Derivatives held for trading: IAS 39.9 AG 15(a)
• Subordinated liabilities: CP
• Other liabilities: CP
• Financial liabilities measured at amortised cost: ED 7.10(f)
• Accrued expenses from financial instruments: CP
• Provisions: IAS 37.84
• Impairment: IAS 39.58-70
• Tax liabilities: IAS 1.68(m); 1.68(n)
• Non-current assets and disposal groups classified as held for sale: IFRS 5.38

1.3 Equity and Minority Interest

• Issued capital: IAS 1.68(p)
• Paid in capital: IAS 1.75(e)
• Unpaid capital which has been called up: IAS 1.75(e)
• Share premium: IAS 1.75(e)
• Revaluation reserves: IAS 32.28; IFRS 3.56(b)
• Investments in associates and joint ventures: IAS 28.31
• Profit or loss from non-current assets and disposal groups classified as held for sale: IFRS 5.37
• Minority interest: IAS 27.33; IAS 1.82(a)

2. Consolidated Income Statement

• Financial & operating income and expenses: IAS 1.81(a)
• Interest net income: CP
• Interest income: CP
• Fee and commission net income: CP
• Realised gains and losses on financial assets & liabilities not measured at fair value through profit or loss: CP
• Gains and losses on financial assets and liabilities held for trading (net): ED 7.21(a)i; IAS 39.55
• Gains and losses on financial assets designated at fair value through profit or loss: ED 7.21(a)i; IAS 39.55
• Fair value adjustments in hedge accounting: IAS 39.89 / 95b / 101 / 102b
• Net results on derivatives used as hedging instruments: IAS 39 IG G1
• Exchange differences revaluations: IAS 21.28 / 52a
• Gains and losses on derecognition of assets other than held for sale: CP
• Tax expense (income) related to profit or loss from continuing operations: IAS 1.81(d); IAS 12.77
• Profit or loss after tax from discontinued operations: IAS 1.81(e)
• Minority interest: IAS 27.33; IAS 1.82(a)

3. Financial Assets Held for Trading

• Derivatives held for trading: IAS 39.9
• Equity instruments: IAS 32.11
• Debt instruments issued by Central governments: IAS 39.9
• Loans and advances to Central governments, Credit institutions, Non credit institutions, Corporate, and Retail: IAS 39.9; Art. 86 of draft CRD

4. Derivatives Held for Trading

• By nature and type:
  • Interest rate derivatives: Option/Cap/Floor/Collar/Swaption, IRS, FRA, Forward, Interest future
  • Equity derivatives: Equity forward, Equity future, Equity option, Warrant
  • Currency (FX) derivatives: FX forward, FX future, Cross currency swap, FX option, FX forward rate agreement
  • Credit derivatives: Credit default swap, Credit spread option, Total return swap
  • Commodity derivatives: Not specified
• Carrying amount and notional amount: Tables 3 and 18

5. Financial Assets Designated at Fair Value Through Profit or Loss

• Equity instruments: IAS 32.11
• Debt instruments issued by Central governments: IAS 39.9
• Loans and advances to Central governments, Credit institutions, Non credit institutions, Corporate, and Retail: IAS 39.9; Art. 86 of draft CRD

6. Available-for-Sale Financial Assets

• Counterparty breakdown: Includes equity instruments and debt instruments issued by Central governments, Credit institutions, Non credit institutions, Corporate, and Retail
• Fair value of unimpaired and impaired assets: CP; IAS 39.58-70
• Allowances for individually and collectively assessed financial assets: AG 84-86; AG 84-90

7. Loans and Receivables (Including Finance Leases)

• Counterparty breakdown: Central governments, Credit institutions, Non credit institutions, Corporate, and Retail
• Impairment and allowances: IAS 39.58-70; AG 84-86; AG 84-90
• Total net carrying amount: ED 7.26-27

8. Held-to-Maturity Investments

• Counterparty breakdown: Quoted debt instruments issued by Central governments, Credit institutions, and others
• Impairment and allowances: IAS 39.58-70; AG 84-86; AG 84-90
• Total net carrying amount: ED 7.26-27

Additional Disclosure Tables

• Tables 40–46: Cover additional disclosures related to financial reporting, including:
  • Revaluation reserves
  • Hedge accounting
  • Impairment
  • Tax liabilities
  • Share capital repayable on demand
  • Non-current assets and disposal groups classified as held for sale
• Table 47: Cash flow statement
• Table 48: Analysis of equity

Summary of Key Financial Items

Conclusion

The document provides a comprehensive framework for consolidated financial reporting, focusing on the classification and disclosure of assets, liabilities, equity, and income statement items. It aligns with IAS/IFRS standards and incorporates provisions from the draft CRD. The structure includes detailed tables for various financial items, enabling precise reporting and transparency in financial statements.