Article 27, items 11 and 12 (vertical layout)

Article 28, items A7 and B5 (horizontal layout)

Value adjustments in respect of loans and advances and provisions for contingent liabilities and for commitments

Value re-adjustments in respect of loans and advances and provisions for contingent liabilities and for commitments.

1. These items shall include, on the one hand, charges for value adjustments in respect of loans and advances to be shown under Assets items 3 and 4 and provisions for contingent liabilities and for commitments to be shown under Off-balance sheet items 1 and 2, on the other hand, credits from the recovery of written-off loans and advances and amounts written back following earlier value adjustments and provisions.

2. In those Member States which exercise the option provided for in Article 37, this item shall also include the net profit or loss on transactions in securities included in Assets items 5 and 6 which are neither held as financial fixed Assets as defined in Article 35(2) nor included in a trading portfolio, together with value adjustments and value re-adjustments on such securities taking into account, where Article 36(2) has been applied, the difference resulting from application of that Article. The nomenclature of this item shall be adapted accordingly.

3. The Member States may permit the charges and income covered by these items to be set off against each other, so that only a net item (income or charge) is shown.