
CHAPTER I
Article 1 

1. The terms defined in Article 1 of Guideline ECB/2010/20 shall have the same meaning when used in this Decision.
2. Other technical terms used in this Decision shall have the same meaning as in Annex II to Guideline ECB/2010/20.
Article 2 
The rules set out in this Decision shall apply to the annual accounts of the European Central Bank (ECB) comprising the balance sheet, items recorded in the books of the ECB off-balance-sheet, the profit and loss account and the notes to the annual accounts of the ECB.
Article 3 
The basic accounting assumptions defined in Article 3 of Guideline ECB/2010/20 shall also apply for the purposes of this Decision.
Article 4 
A financial or other asset/liability shall only be recognised in the balance sheet of the ECB in accordance with Article 4 of Guideline ECB/2010/20.
Article 5 
The rules set out in Article 5 of Guideline ECB/2010/20 shall apply to this Decision.
CHAPTER II
Article 6 
The composition of the balance sheet shall be based on the structure set out in Annex I.
Article 7 
Taking into due consideration the nature of the ECB’s activities, the Governing Council may establish a provision for foreign exchange rate, interest rate, credit and gold price risks in the balance sheet of the ECB. The Governing Council shall decide on the size and use of the provision on the basis of a reasoned estimate of the ECB’s risk exposures.
Article 8 

1. Current market rates and prices shall be used for balance sheet valuation purposes unless specified otherwise in Annex I.
2. The revaluation of gold, foreign currency instruments, securities other than those classified as held-to-maturity and non-marketable securities, as well as financial instruments, both on-balance-sheet and off-balance-sheet, shall be performed at the year-end at mid-market rates and prices.
3. No distinction shall be made between price and currency revaluation differences for gold, but a single gold revaluation difference shall be accounted for, based on the euro price per defined unit of weight of gold derived from the euro/US dollar exchange rate on the quarterly revaluation date. For foreign exchange, including on-balance-sheet and off-balance-sheet transactions, revaluation shall take place on a currency-by-currency basis. For the purpose of this Article, holdings of SDRs, including designated individual foreign exchange holdings underlying the SDR basket, shall be treated as one holding. For securities, revaluation shall take place on a code-by-code basis, i.e. same ISIN number/type. Securities held for monetary policy purposes or included in the items ‘Other financial assets’ or ‘Sundry’ shall be treated as separate holdings.
4. Securities classified as held-to-maturity shall be treated as separate holdings, valued at amortised costs and subject to impairment. The same treatment shall apply to non-marketable securities. Securities classified as held-to-maturity may be sold before their maturity in any of the following circumstances:
(a) if the quantity sold is considered not significant in comparison with the total amount of the held-to-maturity securities portfolio;
(b) if the securities are sold during the month of the maturity date;
(c) under exceptional circumstances, such as a significant deterioration of the issuer’s creditworthiness, or following an explicit monetary policy decision of the Governing Council.
Article 9 
Reverse transactions shall be accounted for in accordance with Article 8 of Guideline ECB/2010/20.
Article 10 
Marketable equity instruments shall be accounted for in accordance with Article 9 of Guideline ECB/2010/20.
Article 11 
The hedging of interest rate risk shall be accounted for in accordance with Article 10 of Guideline ECB/2010/20.
Article 12 
Synthetic instruments shall be accounted for in accordance with Article 11 of Guideline ECB/2010/20.
CHAPTER III
Article 13 

1. Article 13(1), (2), (3), (5) and (7) of Guideline ECB/2010/20 shall apply to income recognition.
2. Holdings on special revaluation accounts stemming from contributions in accordance with Article 48.2 of the Statute of the ESCB with respect to central banks of Member States for which the derogation has been abrogated shall be used to offset unrealised losses when exceeding previous revaluation gains registered in the corresponding standard revaluation account as laid down by Article 13(1)(c) of Guideline ECB/2010/20, prior to the offsetting of such losses in accordance with Article 33.2 of the Statute of the ESCB. The holdings on special revaluation accounts for gold, currencies and securities shall be reduced pro rata in the event of a reduction in the holdings of the relevant assets.
Article 14 
Article 14 of Guideline ECB/2010/20 shall apply to this Decision.
CHAPTER IV
Article 15 
Article 15 of Guideline ECB/2010/20 shall apply to this Decision.
Article 16 
Foreign exchange forward transactions shall be accounted for in accordance with Article 16 of Guideline ECB/2010/20.
Article 17 
Foreign exchange swaps shall be accounted for in accordance with Article 17 of Guideline ECB/2010/20.
Article 18 
Future contracts shall be accounted for in accordance with Article 18 of Guideline ECB/2010/20.
Article 19 
Interest rate swaps shall be accounted for in accordance with Article 19 of Guideline ECB/2010/20. Unrealised losses taken to the profit and loss account at the year-end shall be amortised in subsequent years in accordance with the straight-line method. For forward interest rate swaps the amortisation shall begin from the value date of the transaction.
Article 20 
Forward rate agreements shall be accounted for in accordance with Article 20 of Guideline ECB/2010/20.
Article 21 
Forward transactions in securities shall be accounted for in accordance with Method A in Article 21(1) of Guideline ECB/2010/20.
Article 22 
Options shall be accounted for in accordance with Article 22 of Guideline ECB/2010/20.
CHAPTER V
Article 23 

1. The format of the ECB’s published annual balance sheet shall follow the format in Annex II.
2. The format of the ECB’s published profit and loss account shall comply with Annex III.
CHAPTER VI
Article 24 

1. In interpreting this Decision, account shall be taken of the preparatory work, the accounting principles harmonised by Union law and generally accepted international accounting standards.
2. If a specific accounting treatment is not laid down in this Decision and in the absence of a decision to the contrary by the Governing Council, the ECB shall follow valuation principles in accordance with International Accounting Standards as adopted by the European Union, which are relevant to the ECB’s activities and accounts.
Article 25 
Decision ECB/2006/17 is hereby repealed. References to the repealed Decision shall be construed as references to this Decision and shall be read in accordance with the correlation table in Annex V.
Article 26 
This Decision shall enter into force on 31 December 2010.
Done at Frankfurt am Main, 11 November 2010.
The President of the ECB
Jean-Claude TRICHET
ANNEX INote: the numbering relates to the balance sheet format given in Annex II.
Balance sheet item Categorisation of contents of balance sheet items Valuation principle

1 Gold and gold receivables
 Physical gold, i.e. bars, coins, plates, nuggets, in storage or ‘under way’. Non-physical gold, such as balances in gold sight accounts (unallocated accounts), term deposits and claims to receive gold arising from the following transactions: (a) upgrading or downgrading transactions; and (b) gold location or purity swaps where there is a difference of more than one business day between release and receipt Market value

2 Claims on non-euro area residents denominated in foreign currency
 Claims on counterparties resident outside the euro area including international and supranational institutions and central banks outside the euro area denominated in foreign currency 

2.1 Receivables from the International Monetary Fund (IMF)
 
(a) 
National quota minus balances in euro at the disposal of the IMF. The No 2 account of the IMF (euro account for administrative expenses) may be included in this item or under the item ‘Liabilities to non-euro area residents denominated in euro’
 
(a) 
Nominal value, translation at the foreign exchange market rate


(b) 
Holdings of SDRs (gross)
 
(b) 
Nominal value, translation at the foreign exchange market rate


(c) 
General arrangements to borrow, loans under special borrowing arrangements, deposits made to trusts under the management of the IMF
 
(c) 
Nominal value, translation at the foreign exchange market rate


2.2 Balances with banks and security investments, external loans and other external assets
 
(a) 
Current accounts, fixed-term deposits, day-to-day money, reverse repo transactions
 
(a) 
Nominal value, translation at the foreign exchange market rate


(b) 
Notes and bonds, bills, zero bonds, money market paper, equity instruments held as part of the foreign reserves, all issued by non-euro area residents
 
(b) 
((i)) Marketable securities other than held-to-maturity
Market price and foreign exchange market rate
Any premiums or discounts are amortised
((ii)) Marketable securities classified as held-to-maturity
Cost subject to impairment and foreign exchange market rate
Any premiums or discounts are amortised
((iii)) Non-marketable securities
Cost subject to impairment and foreign exchange market rate
Any premiums or discounts are amortised
((iv)) Marketable equity instruments
Market price and foreign exchange market rate


(c) External loans (deposits) to non-euro area residents other than those under asset item 11.3 ‘Other financial assets’
 
(c) 
Deposits at nominal value, translated at the foreign exchange market rate


(d) 
Non-euro area banknotes and coins
 
(d) 
Nominal value, translation at the foreign exchange market rate


3 Claims on euro area residents denominated in foreign currency
 
(a) 
Notes and bonds, bills, zero bonds, money market paper, equity instruments held as part of the foreign reserves, all issued by euro area residents
 
(a) 
((i)) Marketable securities other than held-to-maturity
Market price and foreign exchange market rate
Any premiums or discounts are amortised
((ii)) Marketable securities classified as held-to-maturity
Cost subject to impairment and foreign exchange market rate
Any premiums or discounts are amortised
((iii)) Non-marketable securities
Cost subject to impairment and foreign exchange market rate
Any premiums or discounts are amortised
((iv)) Marketable equity instruments
Market price and foreign exchange market rate


(b) 
Loans, deposits, reverse repo transactions, sundry lending
 
(b) 
Deposits and other lending at nominal value, translated at the foreign exchange market rate


4 Claims on non-euro area residents denominated in euro
  

4.1 Balances with banks, security investments and loans
 
(a) 
Current accounts, fixed-term deposits, day-to-day money, reverse repo transactions in connection with the management of securities denominated in euro
 
(a) 
Nominal value


(b) 
Equity instruments, notes and bonds, bills, zero bonds, money market paper, all issued by non-euro area residents
 
(b) 
((i)) Marketable securities other than held-to-maturity
Market price
Any premiums or discounts are amortised
((ii)) Marketable securities classified as held-to-maturity
Cost subject to impairment
Any premiums or discounts are amortised
((iii)) Non-marketable securities
Cost subject to impairment
Any premiums or discounts are amortised
((iv)) Marketable equity instruments
Market price


(c) Loans to non-euro area residents other than those under asset item 11.3 ‘Other financial assets’
 
(c) 
Deposits at nominal value


(d) 
Securities issued by supranational or international organisations, e.g. the European Investment Bank, irrespective of their geographical location
 
(d) 
((i)) Marketable securities other than held-to-maturity
Market price
Any premiums or discounts are amortised
((ii)) Marketable securities classified as held-to-maturity
Cost subject to impairment
Any premiums or discounts are amortised
((iii)) Non-marketable securities
Cost subject to impairment
Any premiums or discounts are amortised


4.2 Claims arising from the credit facility under ERM II
 Lending in accordance with the ERM II conditions Nominal value

5 Lending to euro area credit institutions related to monetary policy operations denominated in euro
 Items 5.1 to 5.5: transactions in accordance with the respective monetary policy instruments described in Annex I to Guideline ECB/2000/7 of 31 August 2000 on monetary policy instruments and procedures of the Eurosystem 

5.1 Main refinancing operations
 Regular liquidity-providing reverse transactions with a weekly frequency and normally a maturity of 1 week Nominal value or repo cost

5.2 Longer-term refinancing operations
 Regular liquidity-providing reverse transactions with a monthly frequency and normally a maturity of 3 months Nominal value or repo cost

5.3 Fine-tuning reverse operations
 Reverse transactions, executed as ad hoc transactions for fine-tuning purposes Nominal value or repo cost

5.4 Structural reverse operations
 Reverse transactions adjusting the structural position of the Eurosystem vis-à-vis the financial sector Nominal value or repo cost

5.5 Marginal lending facility
 Overnight liquidity facility at a pre-specified interest rate against eligible assets (standing facility) Nominal value or repo cost

5.6 Credits related to margin calls
 Additional credit to credit institutions, arising from value increases of underlying assets regarding other credit to these credit institutions Nominal value or cost

6 Other claims on euro area credit institutions denominated in euro
 Current accounts, fixed-term deposits, day-to-day money, reverse repo transactions in connection with the management of security portfolios under the asset item 7 ‘Securities of euro area residents denominated in euro’, including transactions resulting from the transformation of former foreign currency reserves of the euro area, and other claims. Correspondent accounts with non-domestic euro area credit institutions. Other claims and operations unrelated to monetary policy operations of the Eurosystem Nominal value or cost

7 Securities of euro area residents denominated in euro
  

7.1 Securities held for monetary policy purposes
 Securities issued in the euro area held for monetary policy purposes. ECB debt certificates purchased for fine-tuning purposes 
(a) 
Market price

Any premiums or discounts are amortised

(b) 
Cost subject to impairment (cost when the impairment is covered by a provision under liability item 13(b) ‘Provisions’)

Any premiums or discounts are amortised

(c) 
Cost subject to impairment

Any premiums or discounts are amortised


7.2 Other securities
 Securities other than those under asset item 7.1 ‘Securities held for monetary policy purposes’ and under asset item 11.3 ‘Other financial assets’: notes and bonds, bills, zero bonds, money market paper held outright, including government securities stemming from before EMU, denominated in euro. Equity instruments 
(a) 
Market price

Any premiums or discounts are amortised

(b) 
Cost subject to impairment

Any premiums or discounts are amortised

(c) 
Cost subject to impairment

Any premiums or discounts are amortised

(d) 
Market price


8 General government debt denominated in euro
 Claims on government stemming from before EMU (non-marketable securities, loans) Deposits/loans at nominal value, non-marketable securities at cost

9 Intra-Eurosystem claims
  

9.1 Claims related to the issuance of ECB debt certificates
 Intra-Eurosystem claims vis-à-vis NCBs, arising from the issuance of ECB debt certificates Cost

9.2 Claims related to the allocation of euro banknotes within the Eurosystem
 Claims related to the ECB's banknote issue, in accordance with Decision ECB/2010/29 of 13 December 2010 on the issue of euro banknotes Nominal value

9.3 Other claims within the Eurosystem (net)
 Net position of the following sub-items: 

(a) net claims arising from balances of TARGET2 accounts and correspondent accounts of NCBs, i.e. the net figure of claims and liabilities. See also liability item 10.2 ‘Other liabilities within the Eurosystem (net)’
 
(a) Nominal value


(b) other intra-Eurosystem claims denominated in euro that may arise, including the interim distribution of ECB income to NCBs
 
(b) Nominal value


10 Items in course of settlement
 Settlement account balances (claims), including the float of cheques in collection Nominal value

11 Other assets
  

11.1 Coins of euro area
 Euro coins Nominal value

11.2 Tangible and intangible fixed assets
 Land and buildings, furniture and equipment including computer equipment, software Cost less depreciationDepreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The useful life is the period over which a fixed asset is expected to be available for use by the entity. Useful lives of individual material fixed assets may be reviewed on a systematic basis, if expectations differ from previous estimates. Major assets may comprise components with different useful lives. The lives of such components should be assessed individuallyThe cost of intangible assets includes the price for the acquisition of the intangible asset. Other direct or indirect costs are to be expensedCapitalisation of expenditure: limit based (below EUR 10 000 excluding VAT: no capitalisation)

11.3 Other financial assets
 
— Participating interests and investments in subsidiaries, equities held for strategic/policy reasons
— Securities including equities, and other financial instruments and balances including fixed-term deposits and current accounts held as an earmarked portfolio
— Reverse repo transactions with credit institutions in connection with the management of securities portfolios under this item 
(a) 
Market price

(b) 
Cost subject to impairment

(c) 
Net asset value

(d) 
Market price

Premiums/discounts are amortised

(e) 
Cost subject to impairment

Any premiums or discounts are amortised

(f) 
Cost subject to impairment

(g) 
Nominal value, translated at the foreign exchange market rate if the balances/deposits are denominated in foreign currencies


11.4 Off-balance-sheet instruments revaluation differences
 Valuation results of foreign exchange forwards, foreign exchange swaps, interest rate swaps, forward rate agreements, forward transactions in securities, foreign exchange spot transactions from trade date to settlement date Net position between forward and spot, at the foreign exchange market rate

11.5 Accruals and prepaid expenditure
 Income not due in, but assignable to the reported period. Prepaid expenditure and accrued interest paid, i.e. accrued interest purchased with a security Nominal value, foreign exchange translated at market rate

11.6 Sundry
 
(a) Advances, loans and other minor items. Loans on a trust basis
 
(a) Nominal value or cost


(b) Investments related to customer gold deposits
 
(b) Market value


(c) Net pension assets
 
(c) As per Article 24(2)


(d) Outstanding claims arising from the default of Eurosystem counterparties in the context of Eurosystem credit operations
 
(d) Nominal/recoverable value (before/after settlement of losses)


(e) Assets or claims (vis-à-vis third parties) appropriated and/or acquired in the context of the realisation of collateral submitted by Eurosystem counterparties in default
 
(e) Cost (converted at the foreign exchange market rate at the time of the acquisition if financial assets are denominated in foreign currencies)


12 Loss for the year
  Nominal value


Balance sheet item Categorisation of contents of balance sheet items Valuation principle

1 Banknotes in circulation
 Euro banknotes issued by the ECB, in accordance with Decision ECB/2010/29 Nominal value

2 Liabilities to euro area credit institutions related to monetary policy operations denominated in euro
 Items 2.1, 2.2, 2.3 and 2.5: deposits in euro as described in Annex I to Guideline ECB/2000/7 

2.1 Current accounts (covering the minimum reserve system)
 Euro accounts of credit institutions that are included in the list of financial institutions subject to minimum reserves in accordance with the Statute of the ESCB. This item contains primarily accounts used in order to hold minimum reserves Nominal value

2.2 Deposit facility
 Overnight deposits at a pre-specified interest rate (standing facility) Nominal value

2.3 Fixed-term deposits
 Collection for liquidity absorption purposes owing to fine-tuning operations Nominal value

2.4 Fine-tuning reverse operations
 Monetary policy-related transactions with the aim of liquidity absorption Nominal value or repo cost

2.5 Deposits related to margin calls
 Deposits of credit institutions, arising from value decreases of underlying assets regarding credits to these credit institutions Nominal value

3 Other liabilities to euro area credit institutions denominated in euro
 Repo transactions in connection with simultaneous reverse repo transactions for the management of securities portfolios under asset item 7 ‘Securities of euro area residents denominated in euro’. Other operations unrelated to Eurosystem monetary policy operations. No current accounts of credit institutions Nominal value or repo cost

4 ECB debt certificates issued
 Debt certificates as described in Annex I to Guideline ECB/2000/7. Discount paper, issued with the aim of liquidity absorption CostAny discounts are amortised

5 Liabilities to other euro area residents denominated in euro
  

5.1 General government
 Current accounts, fixed-term deposits, deposits repayable on demand Nominal value

5.2 Other liabilities
 Current accounts of staff, companies and clients including financial institutions listed as exempt from the obligation to hold minimum reserves (See liability item 2.1); fixed-term deposits, deposits repayable on demand Nominal value

6 Liabilities to non-euro area residents denominated in euro
 Current accounts, fixed-term deposits, deposits repayable on demand including accounts held for payment purposes and accounts held for reserve management purposes: of other banks, central banks, international/supranational institutions including the European Commission; current accounts of other depositors. Repo transactions in connection with simultaneous reverse repo transactions for the management of securities denominated in euro. Balances of TARGET2 accounts of central banks of Member States whose currency is not the euro Nominal value or repo cost

7 Liabilities to euro area residents denominated in foreign currency
 Current accounts. Liabilities under repo transactions; usually investment transactions using foreign currency assets or gold Nominal value, translation at year-end foreign exchange market rate

8 Liabilities to non-euro area residents denominated in foreign currency
  

8.1 Deposits, balances and other liabilities
 Current accounts. Liabilities under repo transactions; usually investment transactions using foreign currency assets or gold Nominal value, translation at the year-end foreign exchange market rate

8.2 Liabilities arising from the credit facility under ERM II
 Borrowing in accordance with the ERM II conditions Nominal value, translation at the year-end foreign exchange market rate

9 Counterpart of special drawing rights allocated by the IMF
 SDR-denominated item which shows the amount of SDRs that were originally allocated to the respective country/NCB Nominal value, translation at the year-end foreign exchange market rate

10 Intra-Eurosystem liabilities
  

10.1 Liabilities equivalent to the transfer of foreign reserves
 ECB balance sheet item, denominated in euro Nominal value

10.2 Other liabilities within the Eurosystem (net)
 Net position of the following sub-items: 

(a) net liabilities arising from balances of TARGET2 accounts and correspondent accounts of NCBs, i.e. the net figure of claims and liabilities. See also asset item 9.3 ‘Other claims within the Eurosystem (net)’
 
(a) Nominal value


(b) other intra-Eurosystem liabilities denominated in euro that may arise, including the interim distribution of ECB income to NCBs
 
(b) Nominal value


11 Items in course of settlement
 Settlement account balances (liabilities), including the float of giro transfers Nominal value

12 Other liabilities
  

12.1 Off-balance-sheet instruments revaluation differences
 Valuation results of foreign exchange forwards, foreign exchange swaps, interest rate swaps, forward rate agreements, forward transactions in securities, foreign exchange spot transactions from trade date to settlement date Net position between forward and spot, at the foreign exchange market rate

12.2 Accruals and income collected in advance
 Expenditure falling due in a future period but relating to the reporting period. Income received in the reported period but relating to a future period Nominal value, foreign exchange translated at market rate

12.3 Sundry
 
(a) Taxation suspense accounts. Foreign currency credit or guarantee cover accounts. Repo transactions with credit institutions in connection with simultaneous reverse repo transactions for the management of securities portfolios under asset item 11.3 ‘Other financial assets’. Compulsory deposits other than reserve deposits. Other minor items. Liabilities on a trust basis
 
(a) Nominal value or (repo) cost


(b) Customer gold deposits
 
(b) Market value


(c) Net pension liabilities
 
(c) As per Article 24(2)


13 Provisions
 
(a) For foreign exchange rate, interest rate, credit and gold price risks, and for other purposes, e.g. expected future expenses and contributions in accordance with Article 48.2 of the Statute of the ESCB with respect to central banks of Member States whose derogations have been abrogated
 
(a) Cost/nominal value


(b) For counterparty or credit risks arising from monetary policy operations
 
(b) Nominal value (based on a valuation at year end by the Governing Council of the ECB)


14 Revaluation accounts
 
(a) Revaluation accounts related to price movements for gold, for every type of euro-denominated securities, for every type of foreign currency-denominated securities, for options; market valuation differences related to interest rate risk derivatives; revaluation accounts related to foreign exchange rate movements for every currency net position held, including foreign exchange swaps/forwards and SDRs

(b) Special revaluation accounts stemming from contributions in accordance with Article 48.2 of the Statute of the ESCB with respect to central banks of Member States whose derogations have been abrogated. See Article 13(2)
 Revaluation difference between average cost and market value, foreign exchange translated at market rate

15 Capital and reserves
  

15.1 Capital
 Paid-up capital Nominal value

15.2 Reserves
 Legal reserves, in accordance with Article 33 of the Statute of the ESCB and contributions in accordance with Article 48.2 of the Statute of the ESCB with respect to central banks of Member States whose derogations have been abrogated Nominal value

16 Profit for the year
  Nominal value
ANNEX II
(EUR million)
Assets Reporting year Previous year Liabilities Reporting year Previous year

1. Gold and gold receivables

2. Claims on non-euro area residents denominated in foreign currency

2.1. Receivables from the IMF

2.2. Balances with banks and security investments, external loans and other external assets

3. Claims on euro area residents denominated in foreign currency

4. Claims on non-euro area residents denominated in euro

4.1. Balances with banks, security investments and loans

4.2. Claims arising from the credit facility under ERM II

5. Lending to euro area credit institutions related to monetary policy operations denominated in euro

5.1. Main refinancing operations

5.2. Longer-term refinancing operations

5.3. Fine-tuning reverse operations

5.4. Structural reverse operations

5.5. Marginal lending facility

5.6. Credits related to margin calls

6. Other claims on euro area credit institutions denominated in euro

7. Securities of euro area residents denominated in euro

7.1. Securities held for monetary policy purposes

7.2. Other securities

8. General government debt denominated in euro

9. Intra-Eurosystem claims

9.1. Claims related to the issuance of ECB debt certificates

9.2. Claims related to the allocation of euro banknotes within the Eurosystem

9.3. Other claims within the Eurosystem (net)

10. Items in course of settlement

11. Other assets

11.1. Coins of euro area

11.2. Tangible and intangible fixed assets

11.3. Other financial assets

11.4. Off-balance-sheet instruments revaluation differences

11.5. Accruals and prepaid expenses

11.6. Sundry

12. Loss for the year
   
1. Banknotes in circulation

2. Liabilities to euro area credit institutions related to monetary policy operations denominated in euro

2.1. Current accounts (covering the minimum reserve system)

2.2. Deposit facility

2.3. Fixed-term deposits

2.4. Fine-tuning reverse operations

2.5. Deposits related to margin calls

3. Other liabilities to euro area credit institutions denominated in euro

4. ECB debt certificates issued

5. Liabilities to other euro area residents denominated in euro

5.1. General government

5.2. Other liabilities

6. Liabilities to non-euro area residents denominated in euro

7. Liabilities to euro area residents denominated in foreign currency

8. Liabilities to non-euro area residents denominated in foreign currency

8.1. Deposits, balances and other liabilities

8.2. Liabilities arising from the credit facility under ERM II

9. Counterpart of special drawing rights allocated by the IMF

10. Intra-Eurosystem liabilities

10.1. Liabilities equivalent to the transfer of foreign reserves

10.2. Other liabilities within the Eurosystem (net)

11. Items in course of settlement

12. Other liabilities

12.1. Off-balance-sheet instruments revaluation differences

12.2. Accruals and income collected in advance

12.3. Sundry

13. Provisions

14. Revaluation accounts

15. Capital and reserves

15.1. Capital

15.2. Reserves

16. Profit for the year
  
Total assets Total liabilities  


ANNEX III
(EUR million)
Profit and loss account for the year ending 31 December … Reporting year Previous year

1.1.1. Interest income on foreign reserve assets
  

1.1.2. Interest income arising from the allocation of euro banknotes within the Eurosystem
  

1.1.3. Other interest income
  

1.1. Interest income
  

1.2.1. Remuneration of NCBs’ claims in respect of foreign reserves transferred
  

1.2.2. Other interest expense
  

1.2. Interest expense
  

1. Net interest income
  

2.1. Realised gains/losses arising from financial operations
  

2.2. Write-downs on financial assets and positions
  

2.3. Transfer to/from provisions for foreign exchange rate, interest rate, credit and gold price risks
  

2. Net result of financial operations, write downs and risk provisions
  

3.1. Fees and commissions income
  

3.2. Fees and commissions expense
  

3. Net income/expense from fees and commissions
  

4. Income from equity shares and participating interests
  

5. Other income
  
Total net income  

6. Staff costs
  

7. Administrative expenses
  

8. Depreciation of tangible and intangible fixed assets
  

9. Banknote production services
  

10. Other expenses
  
(Loss)/profit for the year  




ANNEX IV
Decision ECB/2006/17 OJ L 348, 11.12.2006, p. 38.
Decision ECB/2007/21 OJ L 42, 16.2.2008, p. 83.
Decision ECB/2008/22 OJ L 36, 5.2.2009, p. 22.
Decision ECB/2009/19 OJ L 202, 4.8.2009, p. 54.
Decision ECB/2009/29 OJ L 348, 29.12.2009, p. 57.
ANNEX V
Decision ECB/2006/17 This Decision
— Article 11
Article 10a Article 12
Article 11 Article 13
Article 12 Article 14
Article 13 Article 15
Article 14 Article 16
Article 15 Article 17
Article 16 Article 18
Article 17 Article 19
Article 18 Article 20
Article 19 Article 21
Article 20 Article 22
Article 21 Article 23
Article 22 Article 24
Article 23 Article 25
Article 24 Article 26