{"id":"F2008L00513","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 48 of 2008 - ARS 332.0 - Statement of Economic Activity","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":119368,"registerId":"commonwealth-F2008L00513-current","compilationNumber":null,"startDate":"2026-04-03","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard ARS 332.0","sectionType":"part","heading":"Reporting Standard ARS 332.0","content":"## ![](image.001.png)\n\n## Reporting Standard ARS 332.0\n\n# Statement of Economic Activity\n\n### Objective of this reporting standard\n\nThis reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 and outlines the overall requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s statement of economic activity. It should be read in conjunction with Form ARF 332.0 Statement of Economic Activity and the associated instructions (all of which are attached and form part of this reporting standard).\n\n# Purpose\n\n1.  Data collected in Form ARF 332.0 Statement of Economic Activity (Form ARF 332.0) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia and the Australian Bureau of Statistics.\n\n# Application\n\n2. This reporting standard applies to all authorised deposit-taking institutions (ADIs).\n\n# Information required\n\n3. An ADI that is:\n\n(a) an Australian-owned bank or foreign subsidiary bank;\n\n(b) a locally-incorporated other ADI; or\n\n(c) a branch of a foreign bank (other than a specialist credit card institution)\n\nmust provide APRA with the information required by Form ARF 332.0 on a domestic books basis for each reporting period.\n\n4. An ADI that is:\n\n(a) a credit union;\n\n(b) a building society;\n\n(c) a specialist credit card institution (whether locally-incorporated or not); or\n\n(d) Cairns Penny Savings & Loans Limited\n\nmust provide APRA with the information required by Form ARF 332.0 on a licensed ADI basis for each reporting period.\n\n# Form and method of submission\n\n5. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.\n\n# Reporting periods and due dates\n\n6. Subject to paragraph 7, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n7. APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI, to require it to provide the information required by this reporting standard more frequently, or less frequently, having regard to:\n\n(a) the particular circumstances of the ADI;\n\n(b) the extent to which the information is required for the purposes of the prudential supervision of the ADI; and\n\n(c) the requirements of the Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n8. The information required by this reporting standard must be provided to APRA by 40 business days after the end of the reporting period to which it relates.\n\n9. APRA may grant an ADI an extension of a due date in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.\n\n# Authorisation\n\n10. All information provided by an ADI under this reporting standard must be subject to processes and controls developed by the ADI for the internal review and authorisation of that information. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n11. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.\n\n# Minor alterations to forms and instructions\n\n12. APRA may make minor variations to:\n\n> (a) a form that is part of this reporting standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n\n> (b) the instructions to a form, to clarify their application to the form\n\n> without changing any substantive requirement in the form or instructions.\n\n13. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.\n\n# Transitional\n\n14. An ADI must report under the old reporting standard in respect of a transitional reporting period. For these purposes:\n\nold reporting standard means the reporting standard revoked in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which ended before the date of revocation of the old reporting standard; and\n\n(b) in relation to which the ADI was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.\n\nNote: for the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide the overdue reporting documents in accordance with the old reporting standard.\n\n# Interpretation\n\n15. In this reporting standard:\n\nADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959, but does not include a SCCI that is a foreign ADI.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 8 or, if applicable, paragraph 9.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7.\n\nspecialist credit card institution means an ADI that is subject to a condition on its authority under section 9 of the Banking Act 1959 confining the banking business that the ADI is authorised to carry on to the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).","sortOrder":0},{"sectionNumber":"Statement of Economic Activity","sectionType":"part","heading":"Statement of Economic Activity","content":"# Statement of Economic Activity\n\n### Objective of this reporting standard\n\nThis reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 and outlines the overall requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s statement of economic activity. It should be read in conjunction with Form ARF 332.0 Statement of Economic Activity and the associated instructions (all of which are attached and form part of this reporting standard).\n\n# Purpose\n\n1.  Data collected in Form ARF 332.0 Statement of Economic Activity (Form ARF 332.0) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia and the Australian Bureau of Statistics.\n\n# Application\n\n2. This reporting standard applies to all authorised deposit-taking institutions (ADIs).\n\n# Information required\n\n3. An ADI that is:\n\n(a) an Australian-owned bank or foreign subsidiary bank;\n\n(b) a locally-incorporated other ADI; or\n\n(c) a branch of a foreign bank (other than a specialist credit card institution)\n\nmust provide APRA with the information required by Form ARF 332.0 on a domestic books basis for each reporting period.\n\n4. An ADI that is:\n\n(a) a credit union;\n\n(b) a building society;\n\n(c) a specialist credit card institution (whether locally-incorporated or not); or\n\n(d) Cairns Penny Savings & Loans Limited\n\nmust provide APRA with the information required by Form ARF 332.0 on a licensed ADI basis for each reporting period.\n\n# Form and method of submission\n\n5. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.\n\n# Reporting periods and due dates\n\n6. Subject to paragraph 7, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n7. APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI, to require it to provide the information required by this reporting standard more frequently, or less frequently, having regard to:\n\n(a) the particular circumstances of the ADI;\n\n(b) the extent to which the information is required for the purposes of the prudential supervision of the ADI; and\n\n(c) the requirements of the Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n8. The information required by this reporting standard must be provided to APRA by 40 business days after the end of the reporting period to which it relates.\n\n9. APRA may grant an ADI an extension of a due date in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.\n\n# Authorisation\n\n10. All information provided by an ADI under this reporting standard must be subject to processes and controls developed by the ADI for the internal review and authorisation of that information. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n11. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.\n\n# Minor alterations to forms and instructions\n\n12. APRA may make minor variations to:\n\n> (a) a form that is part of this reporting standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n\n> (b) the instructions to a form, to clarify their application to the form\n\n> without changing any substantive requirement in the form or instructions.\n\n13. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.\n\n# Transitional\n\n14. An ADI must report under the old reporting standard in respect of a transitional reporting period. For these purposes:\n\nold reporting standard means the reporting standard revoked in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which ended before the date of revocation of the old reporting standard; and\n\n(b) in relation to which the ADI was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.\n\nNote: for the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide the overdue reporting documents in accordance with the old reporting standard.\n\n# Interpretation\n\n15. In this reporting standard:\n\nADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959, but does not include a SCCI that is a foreign ADI.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 8 or, if applicable, paragraph 9.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7.\n\nspecialist credit card institution means an ADI that is subject to a condition on its authority under section 9 of the Banking Act 1959 confining the banking business that the ADI is authorised to carry on to the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).","sortOrder":1},{"sectionNumber":"Objective of this reporting standard","sectionType":"division","heading":"Objective of this reporting standard","content":"### Objective of this reporting standard\n\nThis reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 and outlines the overall requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s statement of economic activity. It should be read in conjunction with Form ARF 332.0 Statement of Economic Activity and the associated instructions (all of which are attached and form part of this reporting standard).","sortOrder":2},{"sectionNumber":"Purpose","sectionType":"part","heading":"Purpose","content":"# Purpose\n\n1.  Data collected in Form ARF 332.0 Statement of Economic Activity (Form ARF 332.0) is used by APRA for the purpose of prudential supervision. It may also be used by the Reserve Bank of Australia and the Australian Bureau of Statistics.","sortOrder":3},{"sectionNumber":"Application","sectionType":"part","heading":"Application","content":"# Application\n\n2. This reporting standard applies to all authorised deposit-taking institutions (ADIs).","sortOrder":4},{"sectionNumber":"Information required","sectionType":"part","heading":"Information required","content":"# Information required\n\n3. An ADI that is:\n\n(a) an Australian-owned bank or foreign subsidiary bank;\n\n(b) a locally-incorporated other ADI; or\n\n(c) a branch of a foreign bank (other than a specialist credit card institution)\n\nmust provide APRA with the information required by Form ARF 332.0 on a domestic books basis for each reporting period.\n\n4. An ADI that is:\n\n(a) a credit union;\n\n(b) a building society;\n\n(c) a specialist credit card institution (whether locally-incorporated or not); or\n\n(d) Cairns Penny Savings & Loans Limited\n\nmust provide APRA with the information required by Form ARF 332.0 on a licensed ADI basis for each reporting period.","sortOrder":5},{"sectionNumber":"Form and method of submission","sectionType":"part","heading":"Form and method of submission","content":"# Form and method of submission\n\n5. The information required by this reporting standard must be given to APRA in electronic form, using one of the electronic submission mechanisms provided by the ‘Direct to APRA’ (also known as ‘D2A’) application.\n\nNote: the Direct to APRA application software may be obtained from APRA.","sortOrder":6},{"sectionNumber":"Reporting periods and due dates","sectionType":"part","heading":"Reporting periods and due dates","content":"# Reporting periods and due dates\n\n6. Subject to paragraph 7, an ADI to which this reporting standard applies must provide the information required by this reporting standard for each financial year (within the meaning of the Corporations Act 2001) of the ADI.\n\n7. APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI, to require it to provide the information required by this reporting standard more frequently, or less frequently, having regard to:\n\n(a) the particular circumstances of the ADI;\n\n(b) the extent to which the information is required for the purposes of the prudential supervision of the ADI; and\n\n(c) the requirements of the Reserve Bank of Australia or the Australian Bureau of Statistics.\n\n8. The information required by this reporting standard must be provided to APRA by 40 business days after the end of the reporting period to which it relates.\n\n9. APRA may grant an ADI an extension of a due date in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.","sortOrder":7},{"sectionNumber":"Authorisation","sectionType":"part","heading":"Authorisation","content":"# Authorisation\n\n10. All information provided by an ADI under this reporting standard must be subject to processes and controls developed by the ADI for the internal review and authorisation of that information. It is the responsibility of the board and senior management of the ADI to ensure that an appropriate set of policies and procedures for the authorisation of data submitted to APRA is in place.\n\n11. If an ADI submits information under this reporting standard using the ‘Direct to APRA’ software, it will be necessary for an officer of the ADI to digitally sign, authorise and encrypt the relevant data. For this purpose, APRA’s certificate authority will issue ‘digital certificates’, for use with the software, to officers of the ADI who have authority from the ADI to transmit the data to APRA.","sortOrder":8},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"part","heading":"Minor alterations to forms and instructions","content":"# Minor alterations to forms and instructions\n\n12. APRA may make minor variations to:\n\n> (a) a form that is part of this reporting standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n\n> (b) the instructions to a form, to clarify their application to the form\n\n> without changing any substantive requirement in the form or instructions.\n\n13. If APRA makes such a variation it must notify in writing each ADI that is required to report under this reporting standard.","sortOrder":9},{"sectionNumber":"Transitional","sectionType":"part","heading":"Transitional","content":"# Transitional\n\n14. An ADI must report under the old reporting standard in respect of a transitional reporting period. For these purposes:\n\nold reporting standard means the reporting standard revoked in the determination making this reporting standard (being the reporting standard which this reporting standard replaces).\n\ntransitional reporting period means a reporting period under the old reporting standard:\n\n(a) which ended before the date of revocation of the old reporting standard; and\n\n(b) in relation to which the ADI was required, under the old reporting standard, to report by a date on or after the date of revocation of the old reporting standard.\n\nNote: for the avoidance of doubt, if an ADI was required to report under an old reporting standard, and the reporting documents were due before the date of revocation of the old reporting standard, the ADI is still required to provide the overdue reporting documents in accordance with the old reporting standard.","sortOrder":10},{"sectionNumber":"Interpretation","sectionType":"part","heading":"Interpretation","content":"# Interpretation\n\n15. In this reporting standard:\n\nADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nAustralian-owned bank means a locally incorporated ADI that assumes or uses the word ‘bank’ in relation to its banking business and is not a foreign subsidiary bank.\n\nbranch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959, but does not include a SCCI that is a foreign ADI.\n\nbuilding society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.\n\nbusiness days means ordinary business days, exclusive of Saturdays, Sundays and public holidays.\n\nclass of ADI means each of the following:\n\n(i) Australian-owned bank;\n\n(ii) foreign subsidiary bank;\n\n(iii) branch of a foreign bank;\n\n(iv) building society;\n\n(v) credit union;\n\n(vi) other ADI; and\n\n(vii) specialist credit card institution.\n\ncredit union means a locally incorporated ADI that assumes or uses the expression ‘credit union’ in relation to its banking business and includes Cairns Penny Savings & Loans Limited.\n\ndue date means the relevant due date under paragraph 8 or, if applicable, paragraph 9.\n\nforeign subsidiary bank means a locally incorporated ADI in which a bank that is not locally incorporated has a stake of more than 15 per cent.\n\nlocally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.\n\nother ADI means an ADI that is not an Australian-owned bank, a branch of a foreign bank, a building society, a credit union, a foreign subsidiary bank or a specialist credit card institution but does not include Cairns Penny Savings & Loans Limited.\n\nreporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7.\n\nspecialist credit card institution means an ADI that is subject to a condition on its authority under section 9 of the Banking Act 1959 confining the banking business that the ADI is authorised to carry on to the activities of credit card acquiring and credit card issuing in any credit card scheme that was designated as a payment system under section 11 of the Payment Systems (Regulation) Act 1998 on 11 April 2001.\n\nstake means a stake determined under the Financial Sector (Shareholdings) Act 1998, as if the only associates that were taken into account under paragraph (b) of subclause 10(1) of the Schedule to that Act were those set out in paragraphs (h), (j) and (l) of subclause 4(1).","sortOrder":11},{"sectionNumber":"Instruction Guide","sectionType":"part","heading":"Instruction Guide","content":"# Instruction Guide\n\nGeneral directions and notes","sortOrder":12},{"sectionNumber":"Reporting entity","sectionType":"part","heading":"Reporting entity","content":"## Reporting entity\n\nThis form is to be completed by all Australian-owned banks, foreign subsidiary banks, branches of foreign banks and other authorised deposit-taking institutions (ADIs) on a Domestic books basis.\n\nThe Domestic books of the Australian-owned banks, foreign subsidiary banks and branches of foreign banks relates to the Australian books of the Australian ADI and has the following scope:\n\n-   is an unconsolidated report of the Australian licensed ADI's operations/transactions that are booked inside Australia;\n-   exclude offshore branches of the Australian licensed ADI from this reporting unit;\n-   exclude offshore banking units based overseas from this reporting unit;\n-   do not consolidate Australian and offshore controlled entities or associated entities that are not ADIs;\n-   include Australian based offshore banking units of the licensed ADI; and\n-   include transactions with non-residents recorded on Australian books.\n\nThis form should be completed by Credit Unions, Building Societies, Cairns Penny Savings & Loans Limited and Specialist Credit Card Institutions (SCCIs) on a licensed ADI basis. SCCIs that operate as branches in Australia are required to complete this form for the Australian branch only.","sortOrder":13},{"sectionNumber":"Licensed ADI","sectionType":"subdivision","heading":"Licensed ADI","content":"#### Licensed ADI\n\nThis refers to the operations of the reporting ADI on a stand-alone basis.\n\nSecuritisation deconsolidation principle\n\nExcept as otherwise specified in these instructions, the following applies:\n\n1.  Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that meets APRA’s operational requirements for regulatory capital relief under Prudential Standard APS 120 Securitisation (APS 120):\n\n(a) special purpose vehicles (SPVs) holding securitised assets may be treated as non-consolidated independent third parties for regulatory reporting purposes, irrespective of whether the SPVs (or their assets) are consolidated for accounting purposes;\n\n(b) the assets, liabilities, revenues and expenses of the relevant SPVs may be excluded from the ADI’s reported amounts in APRA’s regulatory reporting returns; and\n\n(c) the underlying exposures (i.e. the pool) under such a securitisation may be excluded from the calculation of the ADI’s regulatory capital (refer to APS 120). However, the ADI must still hold regulatory capital for the securitisation exposures[\\[1\\]](#_ftn1) that it retains or acquires and such exposures are to be reported in Form ARF 120.0 Standardised – Securitisation or Forms ARF 120.1A to ARF 120.1C IRB – Securitisation (as appropriate). The RWA relating to such securitisation exposures must also be reported in Form ARF 110.0 Capital Adequacy (ARF 110.0).\n\n2. Where an ADI (or a member of its Level 2 consolidated group) participates in a securitisation that does not meet APRA’s operational requirements for regulatory capital relief under APS 120, or the ADI elects to treat the securitised assets as on-balance sheet assets under Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk or Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk, such exposures are to be reported as on-balance sheet assets in APRA’s regulatory reporting returns. In addition, these exposures must also be reported as a part of the ADI’s total securitised assets within Form ARF 120.2 Securitisation – Supplementary Items.\n\nReporting period\n\nThis form is to be completed on a financial year-to-date basis. The financial information requested in this form is for the twelve month period ending on the last day of the financial year of the reporting ADI. Please note that Part B should be reported for the last pay period in the financial year of the reporting ADI.\n\nAll ADIs should submit the completed form to APRA within 40 business days of the end of the financial year of the ADI.\n\nUnit of measurement\n\nAmounts denominated in foreign currency are to be converted to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates (AASB 121).\n\nThe general requirements of AASB 121 for translation are:\n\n1.  foreign currency monetary items outstanding at the reporting date must be translated at the spot rate at the reporting date;[\\[2\\]](#_ftn2)\n2.  foreign currency non-monetary items that are measured at historical cost in a foreign currency must be translated using the exchange rate at the date of the transaction;[\\[3\\]](#_ftn3)\n3.  foreign currency non-monetary items that are measured at fair value will be translated at the exchange rate at the date when fair value was determined.\n\nTransactions arising under foreign currency derivative contracts at the reporting date must be prepared in accordance with AASB 139 Financial Instruments: Recognition and Measurement (AASB 139). However, those foreign currency derivatives that are not within the scope of AASB 139 (e.g. some foreign currency derivatives that are embedded in other contracts) remain within the scope of AASB 121.\n\nFor APRA purposes equity items must be translated using the foreign currency exchange rate at the date of investment or acquisition. Post acquisition changes in equity are required to be translated on the date of the movement.\n\nAs foreign currency derivatives are measured at fair value, the currency derivative contracts are translated at the spot rate at the reporting date.\n\nExchange differences should be recognised in profit and loss in the period which they arise. For foreign currency derivatives, the exchange differences would be recognised immediately in profit and loss if the hedging instrument is a fair value hedge. For derivatives used in a cash flow hedge, the exchange differences should be recognised directly in equity.\n\nThe ineffective portion of the exchange differences in all hedges would be recognised in profit and loss; and\n\n4. translation of financial reports of foreign operations.\n\nA foreign operation is defined in AASB 121 as meaning an entity that is a subsidiary, associate, joint venture or branch of a reporting entity, the activities of which are based or conducted in a country or currency other than those of the reporting entity.\n\nExchange differences relating to foreign currency monetary items that form part of the net investment of an entity in a foreign operation, must be recognised as a separate component of equity.\n\nTranslation of financial reports should otherwise follow the requirements in AASB 121.\n\nSpecific instructions\n\nThe items listed under Include and Exclude are examples and should not be taken as a complete list of items to be included or excluded.","sortOrder":14},{"sectionNumber":"Part A","sectionType":"part","heading":": Selected expenses","content":"# Part A: Selected expenses\n\nPostage, mailing and courier expenses\n\nExpenses incurred for the picking up, transport, and delivery (domestic or international) of addressed or unaddressed mail, packages and parcels.\n\nInclude:\n\n-   postage stamps;\n\n-   mailbox rental services;\n-   customised express pick up and delivery services; and\n-   messenger services.\n\nExclude:\n\n-   storage (where this expense can be distinguished from courier expenses).\n\nTelecommunication charges\n\nTelecommunication services are all payments (of a non-capital nature) for telecommunication services which engage wire, cable or radio transmission.\n\nInclude:\n\n-   telephone charges;\n-   facsimile charges;\n-   internet charges; and\n-   cost of leased lines for computers and internet services.\n\nExclude:\n\n-   installation costs.\n\nInsurance premiums other than workers' compensation\n\nInclude:\n\n-   optional third party and comprehensive motor vehicle insurance premiums;\n-   fire, general, accident and public liability premiums; and\n-   professional indemnity insurance premiums.\n\nExclude:\n\n-   workers’ compensation insurance premiums/levies (report to Workers' compensation premiums/costs in ARF 331.0 Selected Revenues and Expenses (ARF 331.0)); and\n-   compulsory third party motor vehicle insurance premiums.\n\nLegal expenses\n\nLegal expenses are fees incurred when a business secures the services of a legal representative, or requires legal representation, or seeks professional advice on legal matters.\n\nAudit and other accounting services\n\nAudit and other accounting expenses are the costs incurred for the professional advice and skills of an auditor or accountant.\n\nInclude:\n\n-   cost of producing annual or sub-annual financial reports;\n-   preparing other financial accounts;\n-   auditing services; and\n-   carrying out other accounting services.\n\nAdvertising expenses\n\nAdvertising expenses are the costs incurred by a business for promotional and publicity campaigns aimed at bringing the activities of the business to the attention of consumers for the purpose of increasing sales.\n\nExclude:\n\n-   in-house costs (e.g. wages and salaries of own advertising staff); and\n-   sponsorship expenses.\n\nPaper, printing and stationery\n\nPaper, printing and stationery expenses are costs incurred for office supplies and printing carried out by or for the business.\n\nInclude:\n\n-   all office stationery; and\n-   production of financial reports, etc.\n\nData processing services provided by other businesses\n\nPayments for data processing services provided by other businesses. Data processing services relate to the transformation of data into a suitable output.\n\nInclude:\n\n-   expenses incurred for data entry and manipulation services.\n\nStaff training services\n\nStaff training expenses are payments to consultants, institutions or other businesses for the provision of staff training and education services.\n\nInclude:\n\n-   training costs relating to all workers employed in this business (e.g. working proprietors and partners, contract/agency staff);\n-   all fees paid to consultants and institutions for designing, conducting, evaluating or providing facilities for training courses; and\n-   conference registration fees.\n\nExclude:\n\n-   informal on-the-job training;\n-   wages and salaries of this business' trainers and trainees for the time spent providing and receiving training (reported as Salaries and wages on ARF 331.0);\n-   accommodation, meals and drinks (include in the data item \"Travel, accommodation and entertainment\");\n-   stationery (include in the data item \"Paper, printing and stationery\"); and\n-   venue hire.\n\nTravel, accommodation and entertainment\n\nTravelling expenses are costs incurred for transportation services relating to business activities which occur away from the normal place of business. These costs are only to be included if they are incurred in connection with business activities. Accommodation expenses are those costs incurred in providing accommodation to staff when business activities occur away from the normal place of business. Entertainment expenses are the costs incurred by a business for the provision of entertainment activities.\n\n  \nOther management and administrative expenses\n\nOther management and administrative services expenses are payments to another business/consultant for providing administrative services or management expertise not elsewhere collected. e.g. services such as accounting or legal, could be carried out by the corporate office for the whole group, then costs distributed proportionally across the group. The individual business pays a fee to the head office for the service rendered but is unable to separately identify the individual components which constitute the fee.\n\nInclude:\n\n-   payments made to related or unrelated business for management and administrative services.\n\nExclude:\n\n-   payments for data processing services;\n-   payments for secretarial, word processing, typing and copying services;\n-   payments for staff training services; and\n-   paper, printing and stationery expenses.\n\nCleaning services provided by other businesses\n\nCleaning services expenses are incurred when the business' premises are cleaned by an external business.\n\nInclude:\n\n-   building cleaning;\n-   office cleaning;\n-   window cleaning;\n-   furniture cleaning; and\n-   removal of waste from inside to areas outside the office compounds.\n\nExclude:\n\n-   wages and salaries of own employees engaged in cleaning activities (reported as Salaries and wages on ARF 331.0);\n-   motor vehicle cleaning; and\n-   carpet, laundry and dry-cleaning.\n\n  \nOther commission expenses\n\nCommission expenses are payments to other businesses and self-employed persons for work done or sales made on a commission basis. Amounts shown here are commission expenses not elsewhere included. Commission expenses should be initially recorded under any other relevant expense items.\n\nInclude:\n\n-   payments to other businesses and self employed persons for work done or sales made on a commission basis;\n-   payments to persons paid by commission without a retainer; and\n-   investigation fees paid to non-employees (on commission).\n\nExclude:\n\n-   commissions paid to persons who receive a retainer;\n-   commissions paid to own employees;\n-   payments to consultants; and\n-   investigation fees if paid to own employees.\n\nOther contract expenses\n\nContract expenses are payments to other businesses and self-employed persons for work done on a contract basis. Amounts shown here are contract expenses not elsewhere included. Contract expenses should be initially recorded under any other relevant expense items (e.g. contract expenses for repair and maintenance would be recorded under 'Equipment repair and maintenance expenses').\n\nInclude:\n\n-   payments to other businesses and self employed persons for work done on a contract basis;\n-   contractors and subcontractors and their employees; and\n-   owner/drivers.\n\nRoyalty expenses\n\nRoyalties (other than royalties for natural resources) are payments made by one business or individual for the use of rights owned by another company/person. Do not deduct withholding tax.\n\nInclude:\n\n-   payments under licensing arrangements; and\n-   payments for royalties from intellectual property (e.g. patents, copyrights, etc.).\n\nExclude:\n\n-   expensed computer software licence fees (include in “Computer software expensed”); and\n-   capitalised computer software licence fees (include in “Capital expenditure”).\n\nComputer software expensed\n\nThese items represent the cost of any computer software (including license fees) that has been charged to profit as an expense in the current accounting period.\n\nInclude:\n\n-   installation costs paid to external service providers;\n-   purchase costs; and\n-   expensed computer software licence fees.\n\nExclude:\n\n-   other licence fees and royalties (include in “Royalty expenses”);\n-   computer software capitalised (include in “Capital expenditure”); and\n-   software maintenance (include in “Equipment repair and maintenance expenses”).\n\nComputer equipment expensed\n\nThese items represent the cost of any computer equipment that has been charged to profit as an expense in the current accounting period.\n\nWater charges\n\nInclude:\n\n-   water rates and any excess water charges.\n\nRepairs and maintenance\n\nInclude:\n\n-   computer software and hardware maintenance.\n\nExclude:\n\n-   wages and salaries of own employees (reported as Salaries and wages on ARF 331.0).","sortOrder":15},{"sectionNumber":"Part B","sectionType":"part","heading":": Employees","content":"# Part B: Employees\n\nNumber of persons working for this business during the last pay period in the financial year of the reporting ADI\n\nInclude:\n\n-   persons paid a retainer, wage or salary;\n-   working proprietors and partners;\n-   full-time and part-time employees;\n-   permanent, temporary and casual employees;\n-   managerial and executive employees;\n-   employees absent on paid or prepaid leave; and\n-   employees on workers' compensation who continue to be paid through the payroll.\n\nExclude:\n\n-   persons paid by commission only;\n-   non-salaried directors;\n-   self employed persons such as consultants and contractors; and\n-   volunteers.","sortOrder":16},{"sectionNumber":"Part C","sectionType":"part","heading":"Capital expenditure","content":"# Part C: Capital expenditure\n\nCapital expenditure is the sum of outlays for the purchase of fixed tangible and/or intangible assets by the business during the reference period. Capital work done by own employees should be included in the appropriate capital expenditure item(s), and also separately identified in the data item “Of which Capitalised work done by own employees”.\n\nInclude:\n\n-   all costs capitalised in this business’ books (including legal fees, real estate transfer costs and assets acquired under finance leases);\n-   progress payments made to contractors for capital work done by them; and\n-   major improvements, alterations and additions to fixed assets.\n\nExclude:\n\n-   progress payments for plant, machinery and equipment being produced on order;\n-   payments for repair and maintenance of fixed assets;\n-   payments of fixed assets on rental or acquired through an operating lease; and\n-   interest paid.\n\nComputer software capitalised\n\nIf software and hardware costs cannot be separated, include total in “Computers and computer peripherals capitalised”.\n\nInclude:\n\n-   capitalised computer software license fees;\n-   installation costs;\n-   purchase or development of large databases; and\n-   computer software developed in-house.\n\nExclude:\n\n-   computer software expensed (include in “Computer software expensed”); and\n-   software maintenance (include in “Repairs and maintenance”).\n\nIntangible assets\n\nInclude:\n\n-   patents, licences and goodwill.\n\nExclude:\n\n-   capitalised computer software licence fees.\n\nCapital expenditure - of which capitalised work done by own employees\n\nInclude:\n\n-   capitalised work done by own employees in developing computer software in-house.\n\nExclude:\n\n-   interest associated with the cost of the assets (reported as Interest Expenses on ARF 331.0); and\n-   payments made to other businesses for costs associated with the original acquisition of the assets (include in Capital expenditure).","sortOrder":17},{"sectionNumber":"Part D","sectionType":"part","heading":"Disposal of assets","content":"# Part D: Disposal of assets\n\nReport the proceeds from sales of assets.","sortOrder":18}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-realtime","completionTokens":2764},"content_quality":"ok","complexity_score":5,"scope_assessment":{"changed":false,"description":"The legislation remains focused on its original purpose of collecting economic activity data from ADIs for prudential supervision and statistical analysis. While it replaces a previous reporting standard (as noted in the transitional provisions), it does not expand beyond the core scope of requiring deposit-taking institutions to report operational expenses, employment data and capital expenditure."},"complexity_factors":["15 defined terms in the Interpretation section, including complex classifications of ADI types (Australian-owned bank, foreign subsidiary bank, specialist credit card institution, etc.)","Dual reporting bases requiring different consolidation treatments (domestic books vs licensed ADI basis) depending on institution type","Cross-references to multiple Acts (Banking Act 1959, Corporations Act 2001, Payment Systems (Regulation) Act 1998, Financial Sector (Shareholdings) Act 1998)","Integration with accounting standards (AASB 121 The Effects of Changes in Foreign Exchange Rates, AASB 139 Financial Instruments: Recognition and Measurement) for foreign currency translation","Conditional logic for reporting periods (standard annual reporting subject to APRA's power to require more or less frequent reporting)","Transitional provisions preserving obligations under superseded reporting standards","Securitisation deconsolidation principles referencing separate prudential standards (APS 120, APS 112, APS 113)"],"plain_english_summary":"This standard requires all authorised deposit-taking institutions (ADIs) to submit detailed electronic reports to APRA on their Australian or licensed-entity activities (depending on ADI type), covering expenses, staffing, capital expenditure and asset disposals, with board-level controls, digital signing and prescribed timeframes. APRA may vary periods or treatment of securitisation for supervisory reasons. The data feeds prudential supervision and national economic analysis by the RBA and ABS."}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-48-of-2008-ars-332-0-stateme/documents"}}