Financial Sector (Collection of Data) determination No. 102 of 2005 - Reporting Standard ARS 395.0 (2005) - Business Finance
Section E - New credit approvalsSection E - New credit approvals
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Section E - New credit approvals
Approvals in Section E should match data on new and increased facilities to business reported in the ABS Commercial Finance and Lease Finance returns. Note that quarterly approvals data is sought (i.e. an aggregation of the relevant monthly ABS returns).
The following ABS purpose codes for commitments under fixed loan facilities should be used:
- Construction finance (320 to 327);
- Purchase of real property (329 to 337);
- Wholesale finance (340);
- Purchase of plant and equipment (341 to 343);
- Refinancing (348);
- Other (345, 346 and 349).
Commitments under Revolving Credit Facilities need to reconcile with Item 390 in the Commercial Finance return.
For lease finance show the total value of goods financed under new lease commitments for both finance and operating leases (Items 456 and 556 in the Lease Finance return).