SolvencyTool logo
    Home / Acts & Regulations / Reporting explanations / S.29.01 — Excess of Assets over Liabilities (Solo)

    S.29.01 — Excess of Assets over Liabilities Solo

    EIOPA Taxonomy 2.8.0 Source PDF

    S.29.01 — Excess of Assets over Liabilities PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.29.01_solo.pdf
    / —
    Loading document…

    Instruction text

    Converted from the official instructions so it can be searched and copied. The PDF above is the document of record.

    S.29.01 — Excess of Assets over Liabilities

    General comments:

    This section relates to annual submission of information for individual entities.

    This template is not applicable to captive insurance and reinsurance undertakings complying with conditions specified in the Regulation.

    This template, together with S.29.02 to S.29.04, explains the variation of Excess of Assets over Liabilities by reconciling the different sources of movements (please see the five main sources in b) below). In these templates, creation of value needs to be reported (such as income from investments).

    The content of this template covers:

    • a) A presentation of all variations in Basic Own fund items during the reporting period. It isolates the variation of the Excess of Assets over Liabilities as part of this total variation. This first analysis is entirely performed based on information also reported in template S.23.01 (year N and N–1).
    • b) A summary of the 5 main sources affecting the variation of the Excess of Assets over Liabilities between the prior and the last reporting periods (cells C0030/R0190 to C0030/R0250):
    • * The variation related to investments and financial liabilities detailed in template S.29.02,
      • * The variation related to technical provisions detailed in templates S.29.03 and S.29.04,
      • * The variation of ‘pure’ capital items, which is not directly influenced by the business carried on (e.g., variations in ordinary shares numbers and values); these variations are analysed in detail within template S.23.03;
      • * Other main variations linked to tax and dividend distribution, namely:
        • * Variation in Deferred Tax position
        • * Income Tax of the reporting period
        • * Dividend distribution
      • * Other variations not explained elsewhere.
    ITEMINSTRUCTIONS
    C0010/R0010 – R0120Basic Own fund
    items — Year N    		These items do not cover all Basic Own fund
    items, but only those before
    adjustments/deductions
    for:
    – 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;
    – Participations in financial and credit
    institutions.
    C0020/R0010 — R0120Basic Own fund
    items — Year N–1    		These items do not cover all Basic Own fund
    items, but only those before
    adjustments/deductions for:
    – 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;
    – Participations in financial and credit
    institutions
    C0030/R0010 – R0120Basic Own fund
    items — Variation    		Variation between reporting period N and N–1
    of own fund items.
    C0030/R0130Excess
    of assets
    over liabilities
    (Variations of Basic
    Own Funds
    explained by
    Variation Analysis
    Templates)    		Variation of excess of assets over liabilities.
    This item is further assessed in rows R0190 to
    R0250 and then in templates S.29.02 to
    S.29.04.
    Excess of assets over liabilities shall be
    considered before deductions for
    Participations in financial and credit
    institutions.
    C0030/R0140Own sharesVariation of own shares included as assets on
    the balance sheet.
    C0030/R0150Foreseeable
    dividends,
    distributions and
    charges    		Variation of foreseeable dividends,
    distributions and charges.
    C0030/R0160Other basic own
    fund items    		Variation of other basic own fund items.
    C0030/R0170Restricted own fund
    items due to ring
    fencing and
    matching    		Variation of restricted own fund items due to
    ring fencing and matching.
    C0030/R0180Total variation of
    Reconciliation
    Reserve    		Total variation of Reconciliation Reserve.
    C0030/R0190Variations due to
    investments and
    financial liabilities    		Variations in the Excess of assets over
    liabilities explained by variations in
    investments and financial liabilities (for
    instance variations in value in the period,
    financial revenues, etc.). This amount shall not
    include amount of Own Shares.
    C0030/R0200Variations due to net
    technical provisions    		Variations in the Excess of assets over
    liabilities explained by variations in technical
    provisions (for instance provision reversals or
    new earned premiums, etc.).
    C0030/R0210Variations in capital
    basic own fund
    items and other
    items approved    		This amount explains the part of the variation
    of Excess of Assets over Liabilities due to
    movements in ‘pure’ capital items, such as
    Ordinary share capital (gross of own shares),
    Preference shares, Surplus funds.
    C0030/R0220Variations in
    Deferred Tax
    position    		Variations in the Excess of assets over
    liabilities explained by variation of deferred
    tax assets and deferred tax liabilities
    C0030/R0230Income tax of the
    reporting period    		Amount of corporate tax of the reporting
    period, as stated in the financial statements of
    the reporting period.
    C0030/R0240Dividend
    distribution    		Amount of dividend distributed during the
    reporting period, as stated in the financial
    statements of the reporting period.
    C0030/R0250Other variations in
    Excess of Assets
    over Liabilities    		The remaining variations in the excess of
    assets over liabilities.