1. Form AD/AL and LN AD/AL/LN This guide captures…
The AD form collects data on deposits and repos
The AL form collects data on loans, reverse repos and facilities
The LN form collects data on gross lending and repayments to non-financial businesses by industry but also by size of company
Analysis of deposits from UK residents
Analysis of lending to UK residents
Lending to UK businesses
AD/AL/LN
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Part of Industrial analysis of lending and deposits from Bank of England’s Core Statistical Returns

2. Contents Family of Stats returns Overview – AD/AL Overview – LN
Form content: AD/AL
Form content: LN
Form content: Facilities
Form Purpose  
How are the data used
Form Reconciliations
Common Classification and Reporting Issues
Timetable
Resources
FAQs
New and Upcoming
Contact details

3. Family of Bank of England Core Statistical ReturnsBT

4. Overview – Forms AD/AL UK £ Loans or deposits >£1bn
11 working days after month end
16 working days after month end
Money and Credit release, Bankstats, more detailed analysis for monetary policy and financial stability
Overview – Forms AD/AL
Reporting panel
Reporting deadline
Data finalised for publication
Main uses

5. Discretional to capture 75% of the stock of private non-financial corporation (PNFC) lending
13 working days after month end
17 working days after month end
Money and Credit release, Bankstats, more detailed analysis for monetary policy and financial stability
Overview – Form LN
Reporting panel
Reporting deadline
Data finalised for publication
Main uses

6. Form Content: AD/AL Both forms include data on UK residents only
Includes both the public and private sectors
The firms are broken down by industry
Classification of Accounts Guide (parts A to U)
ONS Standard Industrial Classification (SIC) Guide (sections A to U)

7. Form Content: LN UK resident – private and public
Detailed industry level split by size (Large and Small & Medium Enterprises) detail
Classification of Accounts Guide (parts A to U)
Balances of overdrafts drawn

8. Form Content: Facilities
Every loan is covered by a facility
If a counterparty breaches their overdraft limit this is still recorded as a facility, even if prior permission was not given
If there is a stark contrast between the loans and facilities lines, this could be that loans and facilities are moving in different directions by a large amount or it could be that facilities have increased sharply but loans are relatively unchanged. In such cases, please provide details as to why a firm has taken out a facility but has not yet drawn down on it.

9. Form purpose: AD/AL/LN
These forms offer an industrial split of lending and deposits
Form AD collects data on deposits and repos
Form AL collects data on loans, reverse repos and facilities
Form LN collects data on gross lending and repayments to non-financial businesses by industry but also by size of company
Form purpose: AD/AL/LN

10. Monetary policy e.g. creating the Bank’s preferred M4ex measure
Removes intermediate other financial corporations (OFCs) from the overall M4 measure
Financial stability e.g. studying the effects of real estate lending on the economy
Link to explanatory notes:
How are the data used

11. AD/AL, BE and BT form reconciliations
AD/AL categories
Non-financial corporations (1-14)
Other financial corporations (15-17)
Individuals (18)
Other financial corporations (1) X
Private non-financial corporations (2)
Individuals (3a)
Unincorporated businesses (3b)
Non-profit institutions serving households (4)
Public Sector
BE categories BT

12. Classification / reporting issues
Public sector business should be reported according to the activity
e.g. Transport for London should be reported in Transport and Storage
Financial subsidiaries
If a financial subsidiary’s sole function is to raise money for a parent company, it should be classified under the same activity as its owner
e.g. Shell Finance should be reported in Mining & Quarrying (3)
Property
If the loan is to an individual this should be recorded in lending to individuals (18)
Only loans to businesses are recorded in categories Real estate companies will be recorded in either items 10A or 10B

13. Bankstats, Money and Credit release
Timetable: Reporting deadlines for monthly forms
Bankstats, Money and Credit release PB
Public Sector embargo BT BN GT
Embargo
(For reporters submitting a BT later than +9)
(For PB reporters)
Working days in the month 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 BT BE AD AL IS IC IO ER LN VP WO

14. Further Resources Classification of accounts guide
Parts A to U for reporting institutions
Parts I, II and IV.3 for those classifying a counterparty for the first time
ONS SIC guide (sections A to U)
Form definitions

15. Frequently Asked Questions
In the first instance refer to the Classification of Accounts Guide (CAG) and the ONS SIC guide. If your query still stands feel free to contact the Industrial team using the contact details at the end of this presentation
Frequently Asked Questions
I have a query about the classification of a counterparty, how should I address this?

16. Frequently Asked Questions
For forms AD, AL and LN we focus on the industry as opposed to the sector. Therefore we would expect classifications to be made based on the primary activity of the counterparty.
Frequently Asked Questions
I have a counterparty that is public sector, how should I approach classification?

17. Inclusion of an ‘of which holding companies’ requirement
Inclusion of additional industries splits within 15 ‘financial intermediation’ and 17 ‘activities related to financial intermediation’
Removal of the ‘on behalf of’ component of ‘fund management activities’ on form AD
Deposits to include a breakdown by sight deposits and time deposits on form AD
Loans and advances to include and breakdown of ‘up to and including 12 months’ and ‘over 12 months’ maturity on form AL
Details can be found in Statistical Notice 2018/02
New and Upcoming
Changes to forms AD and AL for January 2019 data reporting

18. Contacts