shall be reported where, for the accounting portfolio or ‘Additions’ main category of assets, the estimation of the impairment for the period results in recognition of net expenses. shall be reported where, for ‘Reversals’ the accounting portfolio or main category of assets, the estimation of the impairment for the period result in the recognition of net income. CRR (17) scope of consolidation’ shall include the carrying amount ‘Accounting of assets, liabilities and equity as well as the nominal amounts of the sheet exposures prepared using the accounting scope of consolidation; that is, including in the consolidation subsidiaries that are insurance undertakings and non-financial Institutions shall account for the subsidiaries, joint ventures and associates using the same method as in their financial statements. In this template, the item in subsidiaries, joint ventures ‘Investments and associates’ shall not include subsidiaries as with the accounting scope of consolidation all subsidiaries are fully consolidated. under reinsurance and insurance contracts’ shall include assets ‘Assets under reinsurance ceded as well as, if any, assets related to insurance and reinsurance contracts issued. under insurance and reinsurance contracts’ shall include ‘Liabilities liabilities under insurance and reinsurance contracts issued. (18)
‘Additions’ shall be reported where, for the accounting portfolio or main category of assets, the estimation of the impairment for the period results in recognition of net expenses. ‘Reversals’ shall be reported where, for the accounting portfolio or main category of assets, the estimation of the impairment for the period result in the recognition of net income. CRR (17) ‘Accounting scope of consolidation’ shall include the carrying amount of assets, liabilities and equity as well as the nominal amounts of the sheet exposures prepared using the accounting scope of consolidation; that is, including in the consolidation subsidiaries that are insurance undertakings and non-financial Institutions shall account for the subsidiaries, joint ventures and associates using the same method as in their financial statements. In this template, the item ‘Investments in subsidiaries, joint ventures and associates’ shall not include subsidiaries as with the accounting scope of consolidation all subsidiaries are fully consolidated. ‘Assets under reinsurance and insurance contracts’ shall include assets under reinsurance ceded as well as, if any, assets related to insurance and reinsurance contracts issued. ‘Liabilities under insurance and reinsurance contracts’ shall include liabilities under insurance and reinsurance contracts issued. (18)
Annex+3+to+CP+on+FINREP+-+Annex+V+%28instructions+with+changes+tracked%29.docx