165. Crédit Agricole BS-C1- cell Could you precise elements that can be classified in the account In some local GAAP such Assurances AS14 « Other technical provisions » in IFRS? What could these technical provisions exist where – provisions from local GAAP be? undertaking in its internal regulations determines such TPs. Should we integrate other specific IFRS provisions (as example: LAT, provisions for insufficient of liabilities…?) Correction made. Besides, the cell title in the BS-C1 template should be LS14 instead of AS14. Is this assumption correct? 166. German Insurance BS-C1- cell We why this item appears on both the assets and liabilities side Correction made on – Association (GDV) AS14 of the balance sheet. For assets, it is entered in the accounting the liabilities side – valuation column as and mortgages (except loans on LS14. “loans policies”. On the liability side, it is entered in the accounting valuation column as technical provisions”. “other We presume that on the liabilities side, the entry should have the code LS14 however there is no corresponding row to provide feedback or definition in the LOG document. Other technical provisions will cover the equalisation provision and reserve and as such, should only be reported on the liability side of the balance sheet. 167. RSA Insurance BS-C1- cell shown twice on C1 it should be clarified that this is an Please see comment n. “AS14” – plc AS14 error and that the one on the liability side should actually be LS14. 166 168. The Directorate BS-C1- cell A breakdown of and loans” into household and corporate Please see comment n. “mortgages General Statistics AS14 loans would support also the credit risk analysis. 88 (DG-S) of the E
165. Crédit Agricole Assurances BS-C1- cell AS14 Could you precise elements that can be classified in the account « Other technical provisions » in IFRS? What could these technical provisions from local GAAP be? Should we integrate other specific IFRS provisions (as example: LAT, provisions for insufficient of liabilities…?) Besides, the cell title in the BS-C1 template should be LS14 instead of AS14. Is this assumption correct? In some local GAAP such provisions exist – where undertaking in its internal regulations determines such TPs. Correction made. 166. German Insurance Association (GDV) BS-C1- cell AS14 We why this item appears on both the assets and liabilities side of the balance sheet. For assets, it is entered in the accounting valuation column as “loans and mortgages (except loans on policies”. On the liability side, it is entered in the accounting valuation column as “other technical provisions”. We presume that on the liabilities side, the entry should have the code LS14 however there is no corresponding row to provide feedback or definition in the LOG document. Other technical provisions will cover the equalisation provision and reserve and as such, should only be reported on the liability side of the balance sheet. Correction made – on the liabilities side – LS14. 167. RSA Insurance plc BS-C1- cell AS14 “AS14” shown twice on C1 – it should be clarified that this is an error and that the one on the liability side should actually be LS14. Please see comment n. 166 168. The Directorate General Statistics (DG-S) of the E BS-C1- cell AS14 A breakdown of “mortgages and loans” into household and corporate loans would support also the credit risk analysis. Please see comment n. 88
Comments_template_QRT_BS_final.docx