Financial Sector (Collection of Data) determination No. 39 of 2005 - Reporting Standard ARS 323.0 (2005) - Statement of Financial Position (Licensed ADI)
8. Bonds, notes and long-term borrowings8. Bonds, notes and long-term borrowings
Start here
Get a plain-English read of 8. Bonds, notes and long-term borrowings
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) determination No. 39 of 2005 - Reporting Standard ARS 323.0 (2005) - Statement of Financial Position (Licensed ADI).
8. Bonds, notes and long-term borrowings
Bonds, notes and long-term borrowings have a residual term to maturity of more than one year. This includes loans and debt securities.
8.1. Debt securities
Report debt securities that have been issued and have a residual term to maturity of more than one year. Measurement is to be consistent with Australian accounting standards
As a guide include:
- bonds;
- debentures;
- unsecured notes;
- fixed-interest securities;
- medium-term notes (MTNs);
- inflation-indexed bonds;
- floating-rate notes (FRNs);
- other floating-rate debt securities;
- mortgage-backed bonds;
- asset-backed bonds;
- Euro notes;
- Euro bonds;
- Euro medium-term notes;
- non-participating preference shares (a special type where the holder has no entitlement to a share in the residual value on dissolution of the issuing company); and
- subordinated bonds and notes.
As a guide exclude:
- hybrid securities;
- trading derivatives;
- convertible notes prior to conversion;
- negotiable and transferable certificates of deposit;
- subordinated debt issues with a residual maturity of 12 months or less;
- promissory notes with a residual maturity of 12 months or less;
- commercial paper with a residual maturity of 12 months or less; and
- short-term debt securities from the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
8.2. Loans
Report the face value of all loans and borrowings that have a residual term to maturity of more than one year.
Include:
- secured and unsecured borrowings;
- financial lease agreements;
- term loans;
- mortgages;
- commercial loans;
- equity participation in leveraged leases;
- redeemable preference share finance; and
- loans due to the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
Exclude:
- loan capital (e.g. subordinated loans);
- short-term loans due to the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity; and