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    S.02.01 — Balance sheet Group

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    S.02.01 — Balance sheet

    General comments:

    This section relates to the quarterly and annual submission of information for groups, ringfenced funds and remaining part.

    This template is relevant when method 1 (Accounting consolidation-based method) is used, either exclusively or in combination with method 2 (Deduction and aggregation method). Holdings in related undertakings that are not consolidated row by row in accordance with Article 335, paragraph 1, (a), (b) or (c) of the Delegated Regulation (EU) 2015/35, including the holdings in related undertakings included with method 2 when combination of methods is used, shall be included in the item ‘Holdings in related undertakings, including participations’.

    Template SR.02.01 is only applicable in relation to RFF/MAP from undertakings consolidated according to Article 335, paragraph 1, (a), (b) and (c) of Delegated Regulation (EU) 2015/35, when method 1 (Accounting consolidation-based method) is used, either exclusively or in combination with method 2 (Deduction and aggregation method).

    The ‘Solvency II value’ column (C0010) shall be completed using the valuation principles set out in the Directive 2009/138/EC, Delegated Regulation (EU) 2015/35, Technical Standards issued under Directive 2009/138/EC and EIOPA Guidelines.

    With regards to the ‘Statutory accounts value’ column (C0020), recognition and valuation methods are the ones used by groups in their statutory accounts in accordance with the local GAAP or IFRS if accepted as local GAAP. This column is by default mandatory. In the specific cases where the group does not produce official financial statements according to local GAAP or IFRS the specific situation should be discussed with the group supervisor. In template SR.02.01 this column is only applicable if the development of financial statements by RFF is required by national law.

    The default instruction is that each item shall be reported in the ‘Statutory accounts value’ column, separately.

    However, in the ‘Statutory accounts value’ column the dotted rows were introduced in order to enable the reporting of aggregated figures if the split figures are not available.

    ITEMINSTRUCTIONS
    Assets
    Z0020Ring-fenced
    fund or
    remaining part    		Identifies whether the reported figures are with regard to
    an RFF or to the remaining part. One of the options in the
    following closed list shall be used:
    1 — RFF
    2 — Remaining part
    Z0030Fund numberWhen item Z0020 = 1, identification number or code for
    a ring-fenced fund or matching adjustment portfolio.
    This number is attributed by the group and must be
    consistent over time and with the fund/portfolio number
    or code reported in other templates
    C0020/R0010GoodwillIntangible asset that arises as the result of a business
    combination and that represents the economic value of
    assets that cannot be individually identified or separately
    recognised in a business combination.
    C0020/R0020Deferred
    acquisition costs    		Acquisition costs relating to contracts in force at the
    balance sheet date which are carried forward from one
    reporting period to subsequent reporting periods, relating
    to the unexpired periods of risks. In relation to life
    business, acquisition costs are deferred when it is
    probable that they will be recovered.
    C0010 – C0020/R0030Intangible assetsIntangible assets other than goodwill. An identifiable
    non-monetary asset without physical substance.
    C0010 – C0020/R0040Deferred tax
    assets    		Deferred tax assets are the amounts of income taxes
    recoverable in future periods in respect of:
    (a)
    deductible temporary differences;
    (b)
    the carry forward of unused tax losses;
    and/or
    (c)
    the carry forward of unused tax credits.
    C0010 – C0020/R0050Pension benefit
    surplus    		This is the total of net surplus related to employees’
    pension scheme.
    C0010 – C0020/R0060Property, plant
    & equipment
    held for own use    		Tangible assets which are intended for permanent use
    and property held by the group for own use. It also
    includes property for own use under construction.
    C0010 – C0020/R0070Investments
    (other than
    assets held for
    index-linked
    and unit-linked
    contracts)    		This is the total amount of investments, excluding assets
    held for index-linked and unit-linked contracts.
    C0010 – C0020/R0080Property (other
    than for own
    use)    		Amount of the property, other than for own use. It also
    includes property under construction other than for own
    use.
    C0010 – C0020/R0090Holdings in
    related
    undertakings,    		Participations as defined in Article 13(20) and holdings
    in related undertakings in Article 212(1)(b) of Directive
    2009/138/EC.
    including
    participations    		When part of the assets regarding participation and
    related undertakings refer to unit and index linked
    contracts, these parts shall be reported in ‘Assets held for
    index-linked and unit-linked contracts’ in C0010 – C0020/R0220.
    Holdings in related undertakings, including participations
    at group level will include:
    – holdings in related but not subsidiary insurance
    or reinsurance undertakings, insurance holding
    companies or mixed financial holding companies
    as described in Article 335, paragraph 1, (d) of
    Delegated Regulation (EU) 2015/35
    – holdings
    in
    related
    undertakings
    in
    other
    financial sectors as described in Article 335,
    paragraph 1, (e) of Delegated Regulation (EU)
    2015/35
    – other related undertakings as described in Article
    335, paragraph 1, (f) of Delegated Regulation
    (EU) 2015/35
    – insurance or reinsurance undertakings, insurance
    holding companies or mixed financial holding
    companies included with the deduction and
    aggregation
    method
    (when
    combination
    of
    methods is used)
    C0010–EquitiesThis is the total amount of equities, listed and unlisted.
    C0020/R0100With regard to ‘statutory accounts values’ column
    (C0020), where – the split between listed and unlisted is
    not available, this item shall reflect the sum.
    C0010 – C0020/R0110Equities — listedShares representing corporations’ capital, e.g.
    representing ownership in a corporation, negotiated on a
    regulated market or on a multilateral trading facility, as
    defined by Directive 2004/39/EC.
    It shall exclude holdings in related undertakings,
    including participations.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split between listed and unlisted is
    not available, this item shall not be reported.
    C0010 – C0020/R0120Equities — unlistedShares representing corporations’ capital, e.g.
    representing ownership in a corporation, not negotiated
    on a regulated market or on a multilateral trading facility,
    as defined by Directive 2004/39/EC.
    It shall exclude holdings in related undertakings,
    including participations.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split between listed and unlisted is
    not available, this item shall not be reported.
    C0010 – C0020/R0130BondsThis is the total amount of government bonds, corporate
    bonds, structured notes and collateralised securities.
    With regard to ‘Statutory accounts values’ column
    (C0020) — where the split of bonds is not available, this
    item shall reflect the sum.
    C0010 – C0020/R0140Government
    Bonds    		Bonds issued by public authorities, whether by central
    governments, supra-national government institutions,
    regional governments or local authorities and bonds that
    are fully, unconditionally and irrevocably guaranteed by
    the European Central Bank, Member States’ central
    government and central banks, multilateral development
    banks referred to in paragraph 2 of Article 117 of
    Regulation (EU) No 575/2013 or international
    organisations referred to in Article 118 of Regulation
    (EU) No 575/2013, regional governments and local
    authorities listed in Article
    1 of Implementing Regulation
    (EU) 2015/2011, where the guarantee meets the
    requirements set out in Article 215 of Delegated
    Regulation (EU) 2015/35.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split between bonds, structured
    products and collateralised securities is not available, this
    item shall not be reported.
    C0010 – C0020/R0150Corporate BondsBonds issued by corporations
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between bonds, structured
    products and collateralised securities is not available, this
    item shall not be reported.
    C0010 – C0020/R0160Structured notesHybrid securities, combining a fixed income (return in a
    form of fixed payments) instrument with a series of
    derivative components. Excluded from this category are
    fixed income securities that are issued by sovereign
    governments. Concerns securities that have embedded
    any categories of derivatives, including Credit Default
    Swaps (‘CDS’), Constant Maturity Swaps (‘CMS’),
    Credit Default Options (‘CDOp’).
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between bonds, structured
    products and collateralised securities is not available, this
    item shall not be reported.
    C0010 – C0020/R0170Collateralised
    securities    		Securities whose value and payments are derived from a
    portfolio of underlying assets. Includes Asset Backed
    Securities (‘ABS’), Mortgage Backed securities (‘MBS’),
    Commercial Mortgage Backed securities (‘CMBS’),
    Collateralised Debt Obligations (‘CDO’), Collateralised
    Loan Obligations (‘CLO’), Collateralised Mortgage
    Obligations (‘CMO’).
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between bonds, structured
    products and collateralised securities is not available, this
    item shall not be reported.
    C0010 – C0020/R0180Collective
    Investment
    undertakings    		‘Collective investment undertaking’ means an
    undertaking for collective investment in transferable
    securities (‘UCITS’) as defined in Article 1(2) of
    Directive 2009/65/EC of the European Parliament and of
    the Council or an alternative investment fund (AIF) as
    defined in Article 4(1)(a) of Directive 2011/61/EU of the
    European Parliament and of the Council.
    C0010 – C0020/R0190DerivativesA financial instrument or other contract with all three of
    the following characteristics:
    (a)
    Its value changes in response to the change
    in a specified interest rate, financial instrument
    price, commodity price, foreign exchange (‘FX’)
    rate, index of prices or rates, credit rating or
    credit index, or other variable, provided in the
    case of a non-financial variable that the variable
    is
    not
    specific
    to
    a
    party to
    the contract
    (sometimes called the ‘underlying’).
    (b)
    It requires no initial net investment or an
    initial net investment that is smaller than would
    be required for other types of contracts that
    would be expected to have a similar response to
    changes in market factors.
    (c)
    It is settled at a future date.
    Solvency II value, only if positive, of the derivative as of
    the reporting date is reported here (in case of negative
    value, see R0790).
    C0010 – C0020/R0200Deposits other
    than cash
    equivalents    		Deposits other than cash equivalents that cannot be used
    to make payments until before a specific maturity date
    and that are not exchangeable for currency or
    transferable deposits without any kind of significant
    restriction or penalty.
    C0010 – C0020/R0210Other
    investments    		Other investments not covered already within
    investments reported above.
    C0010 – C0020/R0220Assets held for
    index-linked
    and unit-linked
    contracts    		Assets held for index-linked and unit-linked contracts
    (classified in line of business 31 as defined in Annex I of
    Delegated Regulation (EU) 2015/35).
    C0010 – C0020/R0230Loans and
    mortgages    		This is the total amount of loans and mortgages, i.e.
    financial assets created when group lend funds, either
    with or without collateral, including cash pools.
    With regard to ‘Statutory accounts values’ column
    (C0020) — where the split of the split of loans &
    mortgages is not available, this item shall reflect the sum.
    C0010 – C0020/R0240Loans on
    policies    		Loans made to policyholders, collateralised on policies
    (underlying technical provisions).
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between loans on policies,
    loans on mortgages to individuals and other loans and
    mortgages is not available, this item shall not be
    reported.
    C0010 – C0020/R0250Loans and
    mortgages to
    individuals    		Financial assets created when creditors lend funds to
    debtors — individuals, with collateral or not, including
    cash pools.
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between loans on policies,
    loans on mortgages to individuals and other loans and
    mortgages is not available, this item shall not be
    reported.
    C0010 – C0020/R0260Other loans and
    mortgages    		Financial assets created when creditors lend funds to
    debtors — others, not classifiable in item R0240 or
    R0250, with collateral or not, including cash pools.
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between loans on policies,
    loans on mortgages to individuals and other loans and
    mortgages is not available, this item shall not be
    reported.
    C0010 – C0020/R0270Reinsurance
    recoverables
    from:    		This is the total amount of reinsurance recoverables. It
    corresponds to the amount of reinsurer share of technical
    provisions (including Finite reinsurance and SPV).
    For the ‘Solvency II value’ column (C0010) this cell in
    particular should include all expected payments from
    reinsurers to the undertaking (or vice versa)
    corresponding to payments not yet made by the
    undertaking to policyholders (or by policyholders to the
    undertaking). All expected payments from reinsurers to
    the undertaking (or vice versa) corresponding to
    payments already made by the undertaking to
    policyholders (or by policyholders to the undertaking)
    should be included in reinsurance receivables (or
    reinsurance payables).
    C0010 – C0020/R0280Non-life and
    health similar to
    non-life    		Reinsurance recoverables in respect of technical
    provisions for non-life and health similar to non-life.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split between non-life excluding
    health and health similar to non-life is not available this
    item shall reflect the sum.
    C0010 – C0020/R0290Non-life
    excluding health    		Reinsurance recoverables in respect of technical
    provisions for non-life business, excluding technical
    provisions for health – similar to non –life.
    C0010 – C0020/R0300Health similar to
    non-life    		Reinsurance recoverables in respect of technical
    provisions for health similar to non — life.
    C0010 – C0020/R0310Life and health
    similar to life,
    excluding health
    and index – linked and unit – linked    		Reinsurance recoverable in respect of technical
    provisions for life and health similar to life, excluding
    health and index-linked and unit-linked.
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between life excluding health
    and index-linked and unit-linked and health similar to
    life is not available, this item shall reflect the sum.
    C0010 – C0020/R0320Health similar to
    life    		Reinsurance recoverables in respect of technical
    provisions for health-similar to life.
    C0010 – C0020/R0330Life excluding
    health and    		Reinsurance recoverables in respect of technical
    provisions for life business, excluding technical
    index-linked
    and unit-linked    		provisions health-similar to life techniques and technical
    provisions for index-linked and unit-linked.
    C0010 – C0020/R0340Life index – linked and unit – linkedReinsurance recoverables in respect of technical
    provisions for life index-linked and unit-linked business.
    C0010 – C0020/R0350Deposits to
    cedants    		Deposits relating to reinsurance accepted.
    C0010 – C0020/R0360Insurance and
    intermediaries
    receivables    		Amounts for payment by policyholders, insurers and
    other linked to insurance business that are not included in
    technical provisions.
    It shall include receivables from reinsurance accepted.
    C0010 – C0020/R0370Reinsurance
    receivables    		For the ‘Solvency II value’ column column (C0010) this
    cell shall include all expected payments
    (due and past
    due) from reinsurers linked to reinsurance business to
    the undertaking that are not included in reinsurance
    recoverables. These should not be included in the item
    “any other assets not elsewhere shown”.
    This cell in particular should take into account all
    expected payments from reinsurers to the undertaking
    corresponding to payments made by the undertaking to
    the policyholders.
    It also shall include all expected payments (due and past
    due) from reinsurers in relation to other than insurance
    events or those that have been agreed between cedent and
    reinsurer and where the amount of the expected payment
    is certain.
    C0010 – C0020/R0380Receivables
    (trade, not
    insurance)    		Includes amounts receivables from employees or various
    business partners (not insurance-related), including
    public entities.
    C0010 – C0020/R0390Own shares
    (held directly)    		This is the total amount of own shares held directly by
    the group.
    C0010 – C0020/R0400Amounts due in
    respect of own
    fund items or
    initial fund
    called up but not
    yet paid in    		Value of the amount due in respect of own fund items or
    initial fund called up but not yet paid in.
    C0010 – C0020/R0410Cash and cash
    equivalents    		Notes and coin in circulation that are commonly used to
    make payments, and deposits exchangeable for currency
    on demand at par and which are directly usable for
    making payments by cheque, draft, giro order, direct
    debit/credit, or other direct payment facility, without
    penalty or restriction.
    Bank accounts shall not be netted off, thus only positive
    accounts shall be recognised in this item and bank
    overdrafts shown within liabilities unless where both
    legal right of offset and demonstrable intention to settle
    net exist.
    C0010 – C0020/R0420Any other
    assets, not
    elsewhere
    shown    		This is the amount of any other assets not elsewhere
    already included within balance Sheet items.
    C0010 – C0020/R0500Total assetsThis is the overall total amount of all assets.
    Liabilities
    C0010 – C0020/R0510Technical
    provisions — non-life    		Sum of the technical provisions non-life.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split of technical provisions for non – life between non — life (excluding health) and health
    (similar to non — life) is not possible, this item shall
    reflect the sum.
    C0010 – C0020/R0520Technical
    provisions — non-life
    (excluding
    health)    		This is the total amount of technical provisions for non
    — life business (excluding health).
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0530Technical
    provisions — non-life
    (excluding
    health) — technical    		This is the total amount of technical provisions
    calculated as whole (replicable/hedgeable portfolio) for
    non — life business (excluding health).
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    provisions
    calculated as a
    whole    		accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0540Technical
    provisions — non-life
    (excluding
    health) — Best
    estimate    		This is the total amount of best estimate of technical
    provisions for non — life business (excluding health).
    Best estimate shall be reported gross of reinsurance.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0550Technical
    provisions — non-life
    (excluding
    health) — Risk
    margin    		This is the total amount of risk margin of technical
    provisions for non — life business (excluding health).
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010 – C0020/R0560Technical
    provisions — health (similar to
    non-life)    		This is the total amount of technical provisions for health
    (similar to non — life).
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0570Technical
    provisions — health (similar to
    non — life) — technical
    provisions
    calculated as a
    whole    		This is the total amount of technical provisions
    calculated as a whole (replicable / hedgeable portfolio)
    for health (similar to non-life).
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0580Technical
    provisions — health(similar to
    non –life) — Best estimate    		This is the total amount of best estimate of technical
    provisions for health business (similar to non — life).
    Best estimate shall be reported gross of reinsurance.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0590Technical
    provisions —    		This is the total amount of risk margin of technical
    provisions for health business (similar to non — life).
    health (similar to
    non — life) — Risk margin    		This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010 – C0020/R0600Technical
    provisions — life (excluding
    index-linked
    and unit-linked)    		Sum of the technical provisions life (excluding index – linked and unit-linked).
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split of technical provisions life
    (excluding index — linked and unit — linked) between
    health (similar to life) and life (excluding health, index – linked and unit — linked) is not possible, this item shall
    reflect the sum.
    C0010 – C0020/R0610Technical
    provisions — health (similar to
    life)    		This is the total amount of technical provisions for health
    (similar to life) business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0620Technical
    provisions — health (similar to
    life) — technical
    provisions
    calculated as a
    whole    		This is the total amount of technical provisions
    calculated as a whole (replicable / hedgeable portfolio)
    for health (similar to life) business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0630Technical
    provisions — health (similar to
    life) — Best
    estimate    		This is the total amount of best estimate of technical
    provisions for health (similar to life) business.
    Best estimate shall be reported gross of reinsurance.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0640Technical
    provisions — health (similar to    		This is the total amount of risk margin of technical
    provisions for health (similar to life) business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    life) — Risk
    margin    		accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010 – C0020/R0650Technical
    provisions — life (excl. health
    and index – linked and unit – linked)    		This is the total amount of technical provisions for life
    (excluding health and index — linked and unit — linked)
    business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0660Technical
    provisions — life (excl. health
    and index – linked and unit – linked) — technical
    provisions
    calculated as a
    whole    		This is the total amount of technical provisions
    calculated as a whole (replicable / hedgeable portfolio)
    for life (excluding health and index — linked and unit — linked) business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0670Technical
    provisions — life (excl. health
    and index – linked and unit – linked) — Best
    estimate    		This is the total amount of best estimate of technical
    provisions for life (excluding health and index — linked
    and unit — linked) business.
    Best estimate shall be reported gross of reinsurance.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0680Technical
    provisions — life (excl. health
    and index – linked and unit – linked) — Risk
    margin    		This is the total amount of risk margin of technical
    provisions for life (excluding health and index — linked
    and unit — linked) business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010 – C0020/R0690Technical
    provisions — index-linked
    and unit-linked    		This is the total amount of technical provisions for index
    — linked and unit — linked business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0700Technical
    provisions — index-linked
    and unit-linked
    — technical
    provisions
    calculated as a
    whole    		This is the total amount of technical provisions
    calculated as a whole (replicable / hedgeable portfolio)
    for index — linked and unit — linked business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0710Technical
    provisions — index-linked
    and unit-linked
    — Best estimate    		This is the total amount of best estimate of technical
    provisions for index — linked and unit — linked
    business.
    Best estimate shall be reported gross of reinsurance.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0010/R0720Technical
    provisions — index-linked
    and unit-linked
    — Risk margin    		This is the total amount of risk margin of technical
    provisions for index — linked and unit — linked
    business.
    This amount shall include the apportionment from the
    transitional deduction to technical provisions in
    accordance with the contributory methodology used for
    the purposes of MCR calculation.
    C0020/R0730
    C0010 /R0740    		Other technical
    provisions
    Contingent
    liabilities    		Other technical provisions, as recognised by the group in
    their statutory accounts, in accordance with the local
    GAAP or IFRS.
    A contingent liability is defined as:
    a)
    a possible obligation that arises from past
    events and whose existence will be confirmed
    only by the occurrence or non-occurrence of one
    or more uncertain future events not wholly within
    the control of the entity; or
    b)
    a present obligation that arises from past
    events even if:
    (i)
    it is not probable that an outflow of
    resources embodying economic benefits
    will be required to settle the obligation; or
    (ii)
    the amount of the obligation cannot
    be measured with sufficient reliability.
    The amount of contingent liabilities recognised in the
    balance sheet shall follow the criteria set in Article 11 of
    the Delegated Regulation (EU) 2015/35.
    C0010 – C0020/R0750Provisions other
    than technical
    provisions    		Liabilities of uncertain timing or amount, excluding the
    ones reported under ‘Pension benefit obligations’.
    The provisions are recognised as liabilities (assuming
    that a reliable estimate can be made) when they represent
    obligations and it is probable that an outflow of resources
    embodying economic benefits will be required to settle
    the obligations.
    C0010 – C0020/R0760Pension benefit
    obligations    		This is the total net obligations related to employees’
    pension scheme.
    C0010 – C0020/R0770Deposits from
    reinsurers    		Amounts (e.g. cash) received from reinsurer or deducted
    by the reinsurer according to the reinsurance contract.
    C0010 – C0020/R0780Deferred tax
    liabilities    		Deferred tax liabilities are the amounts of income taxes
    payable in future periods in respect of taxable temporary
    differences.
    C0010 – C0020/R0790DerivativesA financial instrument or other contract with all three of
    the following characteristics:
    (a)
    Its value changes in response to the change
    in a specified interest rate, financial instrument
    price, commodity price, foreign exchange rate,
    index of prices or rates, credit rating or credit
    index, or other variable, provided in the case of a
    non-financial variable that the variable is not
    specific to a party to the contract (sometimes
    called the ‘underlying’).
    (b)
    It requires no initial net investment or an
    initial net investment that is smaller than would
    be required for other types of contracts that
    would be expected to have a similar response to
    changes in market factors.
    (c)
    It is settled at a future date.
    Only derivative liabilities shall be reported on this row
    (i.e. derivatives with negative values as of the reporting
    date.) Derivatives assets shall be reported under C0010 – C0020/R0190.
    Groups which do not value derivatives in their Local
    GAAP do not need to provide a statutory accounts value.
    C0010 – C0020/R0800Debts owed to
    credit
    institutions    		Debts, such as mortgage and loans, owed to credit
    institutions, excluding bonds held by credit institutions
    (it is not possible for the group to identify all the holders
    of the bonds that it issues) and subordinated liabilities. It
    This shall also include bank overdrafts.
    C0010 – C0020/R0810Financial
    liabilities other
    than debts owed
    to credit
    institutions    		Financial liabilities including bonds issued by the group
    (held by credit institutions or not), structured notes issued
    by the group itself and mortgage and loans due to other
    entities than credit institutions.
    Subordinated liabilities shall not be included here.
    C0010 – C0020/R0820Insurance and
    intermediaries
    payables    		Amounts payable to policyholders, insurers and other
    business linked to insurance that are not included in
    technical provisions.
    Includes amounts payable to (re)insurance intermediaries
    (e.g. commissions due to intermediaries but not yet paid
    by the undertaking).
    Excludes loans & mortgages due to other insurance
    companies, if they only relate to financing and are not
    linked to insurance business (such loans and mortgages
    shall be reported as financial liabilities).
    It shall include payables from reinsurance accepted.
    C0010 – C0020/R0830Reinsurance
    payables    		Amounts payable to reinsurers (in particular current
    accounts) other than deposits linked to reinsurance
    business that are not included in reinsurance
    recoverables, including payables from the undertaking to
    reinsurers in relation to other than insurance events.
    Includes payables to reinsurers that relate to ceded
    premiums.
    For the ‘Solvency II value’ column (C0010) this cell
    shall include all expected payments (due and past-due)
    from the undertaking to reinsurers that are not included
    in reinsurance recoverables. These should not be
    included in the item “any other liabilities not elsewhere
    shown”.
    This cell in particular should take into account all
    expected payments from the undertaking to reinsurers
    corresponding to payments made by the policyholders to
    the undertaking.
    It also shall include all expected payments (due and past
    due) to reinsurers in relation to other than insurance
    events or those that have been agreed between cedent and
    reinsurer and where the amount of the expected payment
    is certain.
    C0010 – C0020/R0840Payables (trade,
    not insurance)    		This is the total amount trade payables, including
    amounts due to employees, suppliers, etc. and not
    insurance-related, parallel to receivables (trade, not
    insurance) on asset side; includes public entities.
    C0010 – C0020/R0850Subordinated
    liabilities    		Subordinated liabilities are debts which rank after other
    specified debts when undertaking is liquidated. This is
    the total of subordinated liabilities classified as Basic
    Own Funds and those that are not included in Basic Own
    Funds.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split between subordinated liabilities
    not in basic own funds and subordinated liabilities in
    basic own funds is not available, this item shall reflect
    the sum.
    C0010 – C0020/R0860Subordinated
    liabilities not in
    Basic Own
    Funds    		Subordinated liabilities are debts which rank after other
    specified debts when undertaking is liquidated. Other
    debts may be even more deeply subordinated. Only
    subordinated liabilities that are not classified in Basic
    Own Funds shall be presented here.
    With regard to ‘statutory accounts values’ column
    (C0020), where the split between subordinated liabilities
    not in basic own funds and subordinated liabilities in
    basic own funds is not available, this item shall not be
    reported.
    C0010 – C0020/R0870Subordinated
    liabilities in
    Basic Own
    Funds    		Subordinated liabilities classified in Basic Own Funds.
    With regard to ‘statutory accounts values’ column
    (C0020), where – the split between subordinated
    liabilities not in basic own funds and subordinated
    liabilities in basic own funds is not available, this item
    shall not be reported.
    C0010 – C0020/R0880Any other
    liabilities, not
    elsewhere
    shown    		This is the total of any other liabilities, not elsewhere
    already included in other Balance Sheet items.
    C0010 – C0020/R0900Total liabilitiesThis is the overall total amount of all liabilities
    C0010/R1000Excess of assets
    over liabilities    		This is the total of group’s excess of assets over
    liabilities, valued in accordance with Solvency II
    valuation basis. Value of the assets minus liabilities.
    C0020/R1000Excess of assets
    over liabilities
    (statutory
    accounts value)    		This is the total of excess of assets over liabilities of
    statutory accounts value column.