1.   For the purposes of this Regulation ‘reporting currency’ shall be the currency used for the preparation of the PEPP provider’s financial statements, unless otherwise required by the competent authority.

2.   Data points and figures with the type ‘monetary’ shall be reported in the reporting currency, which requires the conversion of any other currency into the reporting currency, unless otherwise provided in this Regulation.

3.   When expressing the value of any asset or liability denominated in a currency other than the reporting currency, the value shall be converted into the reporting currency as if the conversion had taken place at the closing rate on the last day for which the appropriate rate is available in the reporting period to which the asset or liability relates.

4.   When expressing the value of any income or expense, the value shall be converted into the reporting currency applying the basis of conversion used for accounting purposes.

5.   The conversion into the reporting currency shall be calculated by applying the exchange rate from the same source used for the PEPP provider’s financial statements, unless otherwise required by the competent authority.