Accumulated write-offs (ACCMLTD_WRTFFS)

Definition: Accumulated write-offs. Cumulative amount of principal and past due interest of any debt instrument that the institution is no longer recognising because they are considered uncollectible, independently of the portfolio in which they were included. Write-offs could be caused both by reductions in the carrying amount of financial assets recognised directly in profit or loss and by reductions in the amounts of the allowance accounts for credit losses set off against the carrying amount of financial assets. Please note that in the context of AnaCredit, write-off and write-down have the same meaning. Moreover, please note that an asset may also be partly written off.

Reporting qualification: This data attribute is not reported for fully derecognised instruments being serviced as defined in Annex II of the AnaCredit Regulation, so in such cases the value “Not required” is reported. Examples of such instances would include but not be limited to written-off loans and loans derecognised due to being subject to securitisations. Otherwise, an amount in euro as specified in Annex IV of the AnaCredit Regulation is reported.

Values: The amounts of accumulated write-offs are reported in units of euro. General reporting instructions, specific cases and examples In cases where the subject has not been subject to a write-off in the period between the inception date of the instrument and the reporting reference date, the value zero is to be reported. Where there are recoveries after the write-off, the accumulated write-offs amount is updated (decreased) to take account of the recovery, provided that the instrument is subject to reporting to AnaCredit at the respective reporting reference dates after the recovery. For an illustration of how this is reported to AnaCredit, please refer to Example 37. Please note that fully written-off instruments need not be reported to AnaCredit after the end of the quarter in which the debtor’s commitment amount (for all eligible instruments of the debtor) falls below the threshold of €25,000 (including as a result of a write-off which affects the debtor’s commitment amount), even if the instrument continues to exist after the write-off. For an illustration, please refer to Example 19 in this part of the Manual and to Part I, Section 5.2.2.2.1 of the Manual. A written-off instrument which ceases to exist after its write-off (e.g. as a result of debt forgiveness or because of a sale of the instrument to a third party) is reported 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes only until the end of the quarter in which the instrument is written-off and need not be reported thereafter. The amount of write-offs reported is expected to be independent of the point in time when the write-offs took place. In the case of write-offs assessed at the level of debtor, the write-off amount is redistributed as appropriate to all individual instruments which were considered when establishing the debtor’s write-off amount, including instruments which are not within the scope of AnaCredit.

Definition: Accumulated write-offs. Cumulative amount of principal and past due interest of any debt instrument that the institution is no longer recognising because they are considered uncollectible, independently of the portfolio in which they were included. Write-offs could be caused both by reductions in the carrying amount of financial assets recognised directly in profit or loss and by reductions in the amounts of the allowance accounts for credit losses set off against the carrying amount of financial assets. Please note that in the context of AnaCredit, write-off and write-down have the same meaning. Moreover, please note that an asset may also be partly written off.

Reporting qualification: This data attribute is not reported for fully derecognised instruments being serviced as defined in Annex II of the AnaCredit Regulation, so in such cases the value “Not required” is reported. Examples of such instances would include but not be limited to written-off loans and loans derecognised due to being subject to securitisations. Otherwise, an amount in euro as specified in Annex IV of the AnaCredit Regulation is reported.

Values: The amounts of accumulated write-offs are reported in units of euro. General reporting instructions, specific cases and examples In cases where the subject has not been subject to a write-off in the period between the inception date of the instrument and the reporting reference date, the value zero is to be reported. Where there are recoveries after the write-off, the accumulated write-offs amount is updated (decreased) to take account of the recovery, provided that the instrument is subject to reporting to AnaCredit at the respective reporting reference dates after the recovery. For an illustration of how this is reported to AnaCredit, please refer to Example 37. Please note that fully written-off instruments need not be reported to AnaCredit after the end of the quarter in which the debtor’s commitment amount (for all eligible instruments of the debtor) falls below the threshold of €25,000 (including as a result of a write-off which affects the debtor’s commitment amount), even if the instrument continues to exist after the write-off. For an illustration, please refer to Example 19 in this part of the Manual and to Part I, Section 5.2.2.2.1 of the Manual. A written-off instrument which ceases to exist after its write-off (e.g. as a result of debt forgiveness or because of a sale of the instrument to a third party) is reported 28 February 2017 AnaCredit Reporting Manual – Part II – Datasets and data attributes only until the end of the quarter in which the instrument is written-off and need not be reported thereafter. The amount of write-offs reported is expected to be independent of the point in time when the write-offs took place. In the case of write-offs assessed at the level of debtor, the write-off amount is redistributed as appropriate to all individual instruments which were considered when establishing the debtor’s write-off amount, including instruments which are not within the scope of AnaCredit.

In diesem Datenfeld ist die Summe sämtlicher Abschreibungen zu melden, die auf ein Instrument seit Datum des Vertragsabschlusses vorgenommen wurden. Dabei ist es unerheblich, wann die Abschreibungen vorgenommen wurden. Zu Abschreibungen siehe auch Teil III,„Auslösekriterien der Berichtspflicht“ Abschreibungen können sowohl durch Verringerung des unmittelbar erfolgswirksam angesetzten Buchwerts finanzieller Vermögenswerte als auch durch Verringerungen bei den Beträgen der Wertberichtigungskonten für Kreditverluste, die gegen den Buchwert aufgerechnet werden, verursacht werden. Es ist ein Betrag in Euro anzugeben. Im Rahmen von AnaCredit wird unter dem Begriff Abschreibung sowohl die vollständige Abschreibung als auch teilweise Abschreibung verstanden. Fanden zwischen dem Datum des Vertragsabschlusses und dem Meldestichtag in Zusammenhang mit dem Instrument keine Abschreibungen statt, so ist der Wert null zu melden. Wurden nach der Abschreibung Rückflüsse verbucht, dann wird der Betrag der kumulierten Abschreibungen entsprechend aktualisiert (d. h. verringert), sofern das Instrument zu den betreffenden Meldestichtagen nach dem Rückfluss noch unter die AnaCredit-Berichtspflicht fällt. Bei Abschreibungen, die auf Ebene des Schuldners erfasst werden, wird der Abschreibungsbetrag angemessen auf alle Einzelinstrumente verteilt, die bei der Festlegung des Abschreibungsbetrags berücksichtigt wurden – einschließlich etwaiger nicht unter die AnaCredit-Berichtspflicht fallender Instrumente.