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S.23.04 — List of items on own funds

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S.23.04 — List of items on own funds

General comments:

This section relates to the annual submission for groups regardless of the method used for the calculation of the group solvency.

This template shall be reported if the amount of the own funds for any tier change more than 5% compared to the previous year calculated as below

% change (T; T-1):= 

      −1

In case of non-available OF items, the threshold doesn’t apply and the whole template is to be reported.

ITEM INSTRUCTIONS
C0010 Description of
subordinated mutual
member accounts
This shall list subordinated mutual member accounts
for a group.
C0020 Subordinated mutual
member accounts —
Amount (in reporting
currency)
This is the amount of individual subordinated mutual
member accounts.
C0030 Subordinated mutual
member accounts —
Tier
This shall indicate the tier of the subordinated mutual
member accounts.
One of the options in the following closed list shall be
used:
1 —
Tier 1
2 —
Tier 1 —
unrestricted
3 —
Tier 1 —
restricted
4 —
Tier 2
5 —
Tier 3
C0040 Subordinated mutual
member accounts —
Currency Code
Identify the ISO 4217 alphabetic code of the currency.
This is the original currency.
C0050 Subordinated mutual
member accounts –issuing
entity
This shall indicate whether the issuing entity of the
subordinated mutual member accounts is within the
group in the meaning of Article 212(1)(c) of Directive
2009/138/EC. The following close list shall be used:
1 —
Belonging to the same group
2 —
Not belonging to the same group
C0060 Subordinated mutual
member accounts —
Lender (if specific)
Indicate the lender of the mutual member accounts.
C0070 Subordinated mutual
member accounts —
Counted under
transitionals?
This shall indicate whether the subordinated mutual
member accounts are counted under the transitional
provisions.
One of the options in the following closed list shall be
used:
1–
Counted under transitionals
2–
Not counted under transitionals
C0080 Subordinated mutual
member accounts —
Counterparty (if specific)
This shall list the counterparty of the subordinated
mutual member accounts
C0090 Subordinated mutual
member accounts —
Issue
date
This is the issue date of the subordinated mutual
member accounts. This shall be in ISO8601 format
(yyyy–mm–dd).
C0100 Subordinated mutual
member accounts —
Maturity date
This is the maturity date of the subordinated mutual
member accounts. This shall be in ISO8601 format
(yyyy–mm–dd).
C0110 Subordinated mutual
member accounts —
First
call date
This is the first call date of the subordinated mutual
member accounts. This shall be in ISO8601 format
(yyyy–mm–dd).
C0120 Subordinated mutual
member accounts —
Details of further call
dates
These are the further call dates of the subordinated
mutual member accounts.
C0130 Subordinated mutual
member accounts —
Details of incentives to
redeem
These are the incentives to redeem the subordinated
mutual member accounts.
C0140 Subordinated mutual
member accounts —
Notice period
This is the notice of the subordinated mutual member
accounts. The date shall be entered here, using
ISO8601 format (yyyy–mm–dd).
C0150 Subordinated mutual
member account —
Name
of supervisory authority
having given authorisation
This is the name of the supervisory authority which
has issued the authorisation, with country in
parenthesis.
C0160 Subordinated mutual
member account —
Buy
back during the year
Explanation if the item has been bought back during
the year.
C0170 Subordinated mutual
member accounts —
% of
the issue held by entities
in the group
This is the % of the issue of subordinated mutual
member accounts held by entities within the group in
the meaning of Article 212(1)(c) of Directive
2009/138/EC.
C0180 Subordinated mutual
member accounts —
Contribution to group
subordinated mutual
member accounts
This is the contribution of the mutual member
accounts to total group subordinated mutual member
accounts.
C0190 Description of preference
shares
This shall list individual preference shares
C0200 Preference shares —
Amount
This is the amount of the preference shares.
C0210 Preference shares —
Counted under
transitionals?
This shall indicate whether the preference shares are
counted under the transitional provisions.
One of the options in the following closed list shall be
used:
1–
Counted under transitionals
2–
Not counted under transitionals
C0220 Preference shares —
Counterparty (if specific)
This shall list the holder of the preference shares if
limited to a single party. If the shares are broadly
issued, no data is required.
C0230 Preference shares —
Issue
date
This is the issue date of the preference share. This
shall be in ISO 8601 format (yyyy–mm–dd).
C0240 Preference shares —
First
call date
This is the first call date of the preference share. This
shall be in ISO 8601 format (yyyy–mm–dd).
C0250 Preference shares —
Details of further call
dates
These are the further call dates of the preference
shares.
C0260 Preference shares —
Details of incentives to
redeem
These are the incentives to redeem the preference
share.
C0270 Description of
subordinated liabilities
This shall list the individual subordinated liabilities
for a group.
C0280 Subordinated liabilities –
Amount
This is the amount of individual subordinated
liabilities.
C0290 Subordinated liabilities –
Tier
This shall indicate the tier of the subordinated
liabilities.
C0300 Subordinated liabilities —
Currency Code
Identify the ISO 4217 alphabetic code of the currency.
C0311 Subordinated liabilities —
Issuing entity
This shall indicate the code of the issuing entity of the
subordinated liabilities belonging to the group in the
meaning of Article 212(1)(c) of Directive
2009/138/EC.
C0320 Subordinated liabilities —
Lender (if specific)
This shall list the lender of the subordinated liabilities
if specific. If not specific this item shall not be
reported.
C0330 Subordinated liabilities —
Counted under
transitionals?
This shall indicate whether the subordinated liability
is counted under the transitional provisions.
One of the options in the following closed list shall be
used:
1 –
Counted under transitionals
C0340 Subordinated liabilities —
Counterparty of
subordinated liabilities —
(if specific)
2 –
Not counted under transitionals
This shall list the counterparty of the subordinated
liabilities belonging to the group in the meaning of
Article 212(1)(c) of Directive 2009/138/EC, if any. If
not specific this item shall not be reported. This
column is kept for the internal lenders, if any.
C0350 Subordinated liabilities —
Issue date
This is the issue date of the subordinated liabilities.
This shall be in ISO 8601 format (yyyy–mm–dd).
C0360 Subordinated liabilities —
Maturity date
This is the maturity date of the subordinated liabilities.
This shall be in ISO 8601 format (yyyy–mm–dd).
C0370 Subordinated liabilities —
First call date
This is the first future call date of the subordinated
liabilities.
This shall be in ISO 8601 format (yyyy–
mm–dd).
C0380 Subordinated liabilities —
Further call dates
These are the further call dates of the subordinated
liabilities.
C0390 Subordinated liabilities —
Details of incentives to
redeem
These are the details about the incentives to redeem
the subordinated liabilities.
C0400 Subordinated liabilities —
Notice period
This is the notice of the subordinated liabilities. The
date shall be entered here, using ISO8601 format
(yyyy–mm–dd).
C0430 Subordinated liabilities —
% of the issue held by
entities in the group
This is the % of the issue held by any counterparty
belonging to the group in the meaning of Article
212(1)(c) of Directive 2009/138/EC.
C0440 Subordinated liabilities —
Contribution to group
subordinated liabilities
This is the value of the subordinated liabilities that is
included in the. total group subordinated liabilities
and that contributes to group own funds.
C0450 Other items approved by
supervisory authority as
basic own funds not
specified above
This shall list the other individual items approved by
the supervisory authority for an individual
undertaking.
C0460 Other items approved by
supervisory authority as
basic own funds not
specified above –Amount
This is the amount of other individual items approved
by the supervisory authority.
C0470 Other items approved by
supervisory authority as
basic own funds not
specified above –
Currency code
Identify the ISO 4217 alphabetic code of the currency.
C0480 Other items approved by
supervisory authority as
basic own funds not
specified above –Tier 1
This is the amount of other individual items approved
by the supervisory authority that meet the criteria for
Tier 1.
C0490 Other items approved by
supervisory authority as
basic own funds not
specified above –Tier 2
This is the amount of other individual items approved
by the supervisory authority that meet the criteria for
Tier 2.
C0500 Other items approved by
supervisory authority as
basic own funds not
specified above –Tier 3
This is the amount of other individual items approved
by the supervisory authority that meet the criteria for
Tier 3.
C0510 Other items approved by
supervisory authority as
basic own funds not
specified above –Date of
authorisation
This is the date of authorisation of other individual
items approved by the supervisory authority. It shall
be in ISO8601 format (yyyy–mm–dd).
C0520 Other items approved by
supervisory authority as
basic own funds not
specified above –Name of
supervisory authority
having given authorisation
for other basic own fund
items not specified above
This is the name of the supervisory authority which
has issued the authorisation, with country in
parenthesis.
C0530 Other items approved by
supervisory authority as
basic own funds not
specified above —
Name
of entity concerned
This is the name of the entity concerned.
C0540 Other items approved by
supervisory authority as
basic own funds not
specified above –Buy
back during the year
Explanation if the item has been bought back.
C0550 Other items approved by
supervisory authority as
basic own funds not
specified above –% of the
issue held by entities in
the group
This is the % of the issue held by entities within the
group in the meaning of Article 212(1)(c) of Directive
2009/138/EC.
C0560 Other items approved by
supervisory authority as
basic own funds not
specified above –
Contribution to group
other basic own funds
This is the contribution of the other individual items
approved by the supervisory authority to group other
basic own funds.
C0570 Own funds–
from the
financial statements that
This cell shall contain a description of the own fund
items from the financial statements that shall not be
shall not be represented
by the reconciliation
reserve and do not meet
the criteria to be classified
as Solvency II own funds

Description of item
represented by the reconciliation reserve and do not
meet the criteria to be classified as Solvency II own
funds.
C0580 Own funds from the
financial statements that
shall not be represented
by the reconciliation
reserve and do not meet
the criteria to be classified
as Solvency II own funds

Total amount
This is the total amount of the own fund items from
the financial statements that shall not be represented
by the reconciliation reserve and do not meet the
criteria to be classified as Solvency II own funds.
C0590 Ancillary own funds –
Description of ancillary
own funds
This is details of each ancillary own fund for an
individual undertaking.
C0600 Ancillary own funds —
Amount
This is the amount for each ancillary own fund.
C0610 Ancillary own funds —
Counterpart
This is the counterpart of each ancillary own fund.
C0620 Ancillary own funds —
Issue date
This is the issue date of each ancillary own fund. This
shall be in ISO8601 format (yyyy–mm–dd).
C0630 Ancillary own fund —
Date of authorisation
This is the date of authorisation of each ancillary own
fund. This shall be in 1SO8601 format (yyyy–mm–
dd).
C0640 Ancillary own fund —
Name of supervisory
authority having given
authorisation
This is the name of the supervisory authority which
has issued the authorisation, with country in
parenthesis.
C0650 Ancillary own fund —
Name of entity concerned
This is the name of the entity concerned by the
ancillary own fund.
Adjustment for ring fenced funds and matching adjustment portfolios
C0660 Ring–fenced fund/
matching adjustment
portfolio —
Number
Identification number for a ring-fenced fund or
matching adjustment portfolio. This number is
attributed by the undertaking and must be consistent
over time and with the fund/portfolio number reported
in other templates.
C0670 Ring–fenced fund/
matching adjustment
portfolio —
Notional SCR
This is the notional SCR of each ring–fenced
fund/each matching adjustment portfolio.
C0680 Ring–fenced fund/
matching adjustment
portfolio —
Notional SCR
(negative results set to
zero)
This is the notional SCR. When the value is negative
zero shall be reported.
C0690 Ring–fenced fund/
matching adjustment
portfolio —
Excess of
assets over liabilities
This is the amount of excess of assets over liabilities
of each ring–fenced fund/matching adjustment
portfolio. This value shall reflect any deduction of
future transfers attributable to shareholders.
C0700 Ring–fenced fund/
matching adjustment
portfolio —
Future
transfers attributable to
shareholders
Value of future transfers attributable to shareholders
in accordance with Article 80 (2) of Delegated
Regulation (EU) 2015/35.
C0710 Ring fenced
funds/matching
adjustment portfolio —
Adjustment for restricted
own fund items in respect
of matching adjustment
portfolios and ring-fenced
funds
This is the deduction for each ring–fenced
fund/matching adjustment portfolio in accordance
with Article 81 of Delegated Regulation (EU)
2015/35.
RFF/matching adjustment portfolios deduction
C0970/
R0010
Ring fenced
funds/matching
adjustment portfolio —
Adjustment for restricted
own fund items in respect
of matching adjustment
portfolios and ring-fenced
funds
This is the total deduction for ring–fenced funds and
matching adjustment portfolios reported in C0710.
Calculation of non available own funds at group level (such a calculation has to be done
undertaking by undertaking)
Non available own funds at group level —
exceeding the contribution of solo SCR to group
SCR
C0720 Related (Re)insurance
undertakings, Insurance
Holding Company, Mixed
Financial Holding
Company, Ancillary
services undertakings and
SPV included in the scope
of the group calculation
Name of undertaking
C0730 Country ISO 3166–1 alpha–2 code of the country where the
entity has its head office
C0740 Contribution of solo SCR
to Group SCR
Contribution of solo SCR to group SCR
If the method 1 is applied, the contribution of a
subsidiary undertaking to the group shall be calculated
according to the formula:
Where:
solo

SCRi
is
the
solo
SCR
of
the
parent
undertaking and each insurance, reinsurance
and intermediate insurance holding and mixed
financial holding company over which a
dominant influence is exercised and that are
included in the SCR fully consolidated

SCRj
is the solo SCR of the entity j

the ratio is the proportional adjustment due to
the recognition of diversification effects in the
part fully consolidated ,the value of the ratio is
capped to 1.
The assessment of non-available own funds shall be
made also for own funds in non controlled
undertakings taking into account the proportionality
principle.
For method 2 the contribution of the related
undertaking to the group SCR is the proportional
share of the individual SCR.
C0760 Non available own funds
related to other own fund
Non available own funds related to other own fund
items approved by supervisory authority.
items approved by
supervisory authority
C0770 Non available surplus
funds
Non available surplus funds at group level both in
EEA and non–EEA (re)insurance undertakings
(Article 222 (2) to (5) of Directive 2009/138/EC and
Article 330 of Delegated Regulation (EU) 2015/35)
C0780 Non available called up
but not yet paid in capital
Non available called up but not yet paid in capital at
group level both in EEA and non–EEA entities
(Article 222 (2) to (5) of Directive 2009/138/EC and
Article 330 of Delegated Regulation (EU) 2015/35)
C0790 Non available ancillary
own funds
Non available ancillary own funds at group level both
in EEA and non–EEA entities (Article 222 (2) to (5)
of Directive 2009/138/EC and Article 330 (3) of
Delegated Regulation (EU) 2015/35)
C0800 Non available
subordinated mutual
member accounts
Non available subordinated mutual member accounts
at group level both in EEA and non–EEA entities
(Article 222 (2) to (5) of Directive 2009/138/EC and
Article 330 (3) of Delegated Regulation (EU)
2015/35)
C0810 Non available preference
shares
Non available preference shares at group level both in
EEA and non–EEA entities (Article 222 (2) to (5) of
Directive 2009/138/EC and Article 330 (3) of
Delegated Regulation (EU) 2015/35)
C0820 Non available
Subordinated Liabilities
Non available Subordinated Liabilities at group level
both in EEA and non–EEA entities (Article 222 (2) to
(5) of Directive 2009/138/EC and Article 330 (3) of
Delegated Regulation (EU) 2015/35)
C0830 An amount equal to the
value of non available net
deferred tax assets
An amount equal to the value of non available net
deferred tax assets at the group level both in EEA and
non–EEA entities (Article 222 (2) to (5) of Directive
2009/138/EC and Article 330 (3) of Delegated
Regulation (EU) 2015/35)
C0840 Non available share
premium account related
to preference shares
Non available share premium account related to
preference shares at group level both in EEA and non–
EEA entities (Article 222 (2) to (5) of Directive
2009/138/EC and Article 330 (3) of Delegated
Regulation (EU) 2015/35)
C0841 Non-available own funds
in the reconciliation
reserve
Non-available own funds related to own-funds in the
reconciliation reserve
C0842 Total non-available own
funds
Total of non-available own funds identified after the
availability assessment at group level, in accordance
with Article 222(4) of Directive 2009/138/EC, the
total non available own funds is calculated,
undertaking by undertaking, by adding up own funds
indicated in Article 222(2) of the directive (i.e. surplus
funds and any subscribed but not paid–up capital) and
in Article 330 of Delegated Regulation (EU) 2015/35
(e.g. ancillary own funds, preferences shares,
subordinated mutual member account, subordinated
liabilities and the value of net deferred tax assets).
C0850 Total non available own
funds to be deducted
Total non-available own funds to be deducted at group
level.
In accordance with Article 222(4) of Directive
2009/138/EC, the total non available own funds is
calculated, undertaking by undertaking, by adding up
own funds indicated in Article 222(2) of the directive
(i.e. surplus funds and any subscribed but not paid–up
capital) and in
Article 330 of Delegated Regulation
(EU) 2015/35 (e.g. ancillary own funds, preferences
shares, subordinated mutual member account,
subordinated liabilities and the value of net deferred
tax assets).
The part of such own funds that exceeds the
contribution of the related undertaking to the group
SCR cannot be considered as available for covering
the group SCR.
If the total amount of such own funds in C0842 does
not exceed the contribution of the related undertaking
to the group SCR, this deduction in C0850 is not
needed as part of the calculation.
C0851 Non-Available Minority
interests
Minority interest at group level when method 1 is
applied, in subsidiary EEA and non-EEA
(re)insurance undertakings, insurance holding
companies, mixed financial holding companies or
ancillary services undertakings (Article 330 (4) of
Delegated Regulation (EU) 2015/35)
C0750 Non-Available Minority
interests to be deducted
from the group own funds
Non available minority interests to be deducted from
the group own funds, when the method 1 is applied,
that is any minority interests in the eligible own funds
(after considering the deduction of non available own
funds in C0850) of (re) insurance subsidiary
exceeding the contribution of the solo SCR to the
group SCR. (Article 330 (4) of Delegated Regulation
(EU) 2015/35)
C0870 Non-available own funds
related to other own fund
items approved by
supervisory authority
This is the total amount for non-available own funds
related to other own fund items approved by
supervisory authority at group level
C0880 Non-available surplus
funds
This is the overall total amount of non-available
surplus funds at group level.
C0890 Non-available called but
not paid in capital
This is the total overall amount of non-available called
but not paid in capital at group level.
C0900 Non-available ancillary
own funds
This is the total overall amount of non-available
ancillary own funds at group level.
C0910 Non-available
subordinated mutual
member accounts
This is the total overall amount of non-available
subordinated mutual member accounts at group level
C0920 Non-available preference
shares
This is the total overall amount of non-available
preference shares at group level.
C0930 Non available
Subordinated Liabilities
This is the total overall amount of non-available
subordinated liabilities at group level.
C0940 An amount equal to the
value of non-available net
deferred tax assets
This is the total overall amount equal to the value of
non-available net deferred tax assets at the group level
C0950 Non-available share
premium account related
to preference shares
This is the total overall amount of non-available share
premium account related to preference shares at group
level
C0951 Non-available own funds
in the reconciliation
reserve
This is the total of non-available own funds related to
own funds in the reconciliation reserve at group level.
C0962 Total non-available own
funds
Total of non-available own funds identified after the
availability assessment at group level, in accordance
with Article 222(4) of Directive 2009/138/EC, the
total non available own funds is calculated,
undertaking by undertaking, by adding up own funds
indicated in Article 222(2) of Directive 2009/138/EC
(i.e. surplus funds and any subscribed but not paid–up
capital) and in Article 330 of Delegated Regulation
(EU) 2015/35 (e.g. ancillary own funds, preferences
shares, subordinated mutual member account,
subordinated liabilities and the value of net deferred
tax assets).
C0960 Total non-available own
funds to be deducted
This is the total overall amount of non-available own
funds to be deducted from the group own funds.
In accordance with Article 222(4) of Directive
2009/138/EC, the total non available own funds is
calculated, undertaking by undertaking, by adding up
own funds indicated in Article 222(2) of Directive
2009/138/EC (i.e. surplus funds and any subscribed
but not paid–up capital) and in Article 330 of
Delegated Regulation (EU) 2015/35 (e.g. ancillary
own funds, preferences shares, subordinated mutual
member account, subordinated liabilities and the value
of net deferred tax assets).
The part of such own funds that exceeds the
contribution of the related undertaking to the group
SCR cannot be considered as available for covering
the group SCR.
If the total amount of such own funds in C0842 does
not exceed the contribution of the related undertaking
to the group SCR, this deduction in C0850 is not
needed as part of the calculation.
C0861 Minority interests This is the overall total amount of minority interests at
group level
C0860 Minority interests to be
deducted from the group
own funds
This is the overall total amount of minority interests to
be deducted at group level.
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