Direktionen skal til analytiske og operationelle formål udfærdige en konsolideret balance for Det Europæiske System af Centralbanker, der skal omfatte de af de nationale centralbankers aktiver og passiver, som hører ind under Det Europæiske System af Centralbanker.4.  
For analytical and operational purposes, the Executive Board shall draw up a consolidated balance sheet of the European System of Central Banks, comprising those assets and liabilities of the national central banks that fall within the European System of Central Banks.4.  