Commission Implementing Regulation (EU) No 680/2014Dangos y teitl llawn

15. BREAKDOWN OF SELECTED STATEMENT OF PROFIT OR LOSS ITEMS (16) U.K.

94. For selected items of the income statement further breakdowns of gains (or income) and losses (or expenses) shall be reported. U.K.

15.1. Interest income and expenses by instrument and counterparty sector (16.1) U.K.

95. The interests shall be broken down both by interest income on financial and other assets and interest expenses on financial and other liabilities. Interest income on financial assets includes interest income on derivatives held for trading, debt securities, and loans and advances. Interest expenses on financial liabilities includes interest expenses on derivatives held for trading, deposits, debt securities issued and other financial liabilities. All instruments in the various portfolios are taken into account except those included in the items ‘Derivatives — Hedge accounting’ not used to hedge interest rate risk. U.K.

96. Interest on derivatives held for trading includes the amounts related to those derivatives held for trading which qualify as ‘economic hedges’ that are included as interest income or expenses to correct the income and expense of the hedged financial instruments from an economic but not accounting point of view. U.K.

15.2. Gains or losses on derecognition of financial assets and liabilities not measured at fair value through profit or loss by instrument (16.2) U.K.

97. Gains and losses on derecognition of financial assets and financial liabilities not measured at fair value through profit or loss shall be broken down by type of financial instrument and by accounting portfolio. For each item, the net realised gain or loss stemming from the derecognised transaction shall be reported. The net amount represents the difference between realised gains and realised losses. U.K.

15.3. Gains or losses on financial assets and liabilities held for trading by instrument (16.3) U.K.

98. Gains and losses on financial assets and liabilities held for trading shall be broken down by type of instrument; each item of the breakdown is the net realised and unrealised amount (gains minus losses) of the financial instrument. U.K.

15.4. Gains or losses on financial assets and liabilities held for trading by risk (16.4) U.K.

99. Gains and losses on financial assets and financial liabilities held for trading shall also be broken down by type of risk; each item of the breakdown is the net realised and unrealised amount (gains minus losses) of the underlying risk (interest rate, equity, foreign exchange, credit, commodity and other) associated to the exposure, including related derivatives. Gains and losses from exchange differences shall be included in the item in which the rest of gains and losses arising from the converted instrument are included. Gains and losses on assets and liabilities other than derivatives shall be included as follows: U.K.

(a)

Interest rate instruments: including trading of loans and advances, deposits and debt securities (held or issued);

(b)

Equity instruments: including trading of shares, quotas of UCITS and other equity instruments;

(c)

Foreign exchange trading: including exclusively trading on foreign exchanges;

(d)

Credit risk instruments: including trading of credit link notes;

(e)

Commodities: this item includes only derivatives because commodities held with trading intent shall be reported under ‘Other assets’ not under ‘Financial assets held for trading’.

(f)

Other: including trading of financial instruments which cannot be classified in other breakdowns.

15.5. Gains or losses on financial assets and liabilities designated at fair value to profit or loss by instrument (16.5) U.K.

100. Gains and losses on financial assets and liabilities designated at fair value through profit or loss shall be broken down by type of instrument. Institutions shall report the net realised and unrealised and the amount of change in fair value in the period due to changes in the credit risk (own credit risk of the borrower or issuer). U.K.

15.6. Gains or losses from hedge accounting (16.6) U.K.

101. Gains and losses from hedge accounting shall be broken down by type of hedge accounting: fair value hedge, cash flow hedge and hedge of net investments in foreign operations. Gains and losses related to fair value hedge shall be broken down between the hedging instrument and the hedged item. U.K.

15.7. Impairment on financial and non-financial assets (16.7) U.K.

102. ‘Additions’ shall be reported when, 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 when, for the accounting portfolio or main category of assets, the estimation of the impairment for the period result in the recognition of net income. U.K.