CTHIn ForceLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 114 of 2023
5. Capital ratios5. Capital ratios
Start here
Get a plain-English read of 5. Capital ratios
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 114 of 2023.
5. Capital ratios
| Item 5.1 | Report prescribed capital amount. |
|---|---|
| Item 5.2 | Report net assets of the fund (after seed capital adjustments) amount. |
| Item 5.3 | Capital base (net of Tier 2 Capital) ratio is a derived item and is calculated as:item 4 less item 3divided by:item 5.1.This ratio is expressed as a percentage. |
| Item 5.4 | Prescribed capital amount coverage is a derived item and is calculated as:item 4divided by:item 5.1.This ratio is expressed as a percentage. |
| Item 5.5 | Net assets ratio is a derived item and is calculated as:item 5.2 multiplied by 1.2divided by:item 5.1.This ratio is expressed as a percentage. |
| Item 5.6 | Prescribed capital amount coverage (net assets) is a derived item and is calculated as the sum of:item 5.2 multiplied by 1.2; anditem 3divided by:item 5.1.This ratio is expressed as a percentage. |