Authority
Authority
Authority
- This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.
//
© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
Commonwealth legislation
This APRA reporting standard requires Australian-authorised deposit-taking institutions that are highest parent entities to submit a consolidated quarterly financial return (ARF 322.0) electronically within 28 days. It covers group balance-sheet data (assets, liabilities, equity) under Australian Accounting Standards, excludes foreign bank branches, and includes rules for securitisation and currency conversion. APRA uses the data to monitor banking system health and shares it with the RBA and ABS.
Want the full deep dive?
Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.
Direct links to the current provisions in Financial Sector (Collection of Data) (reporting standard) determination No. 26 of 2019.
This Reporting Standard applies to an authorised deposit-taking institution (ADI) that is a highest parent entity in relation to a consolidated ADI group. This Reporting Standard does not apply to a branch of a foreign bank.
This Reporting Standard commences on 1 July 2019.
Note: the Direct to APRA application software (also known as D2A) may be obtained from APRA.
Subject to paragraph 9, the information required by this Reporting Standard must be provided in respect of each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.
The information required by this Reporting Standard must be provided to APRA within 28 calendar days after the end of the reporting period to which the information relates.
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:
(a) the particular circumstances of the ADI;
(b) the extent to which the information is required for the purposes of prudential supervision of the ADI; and
(c) the requirements of the RBA and the ABS.
Note: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, an ADI is nonetheless required to submit the information required no later than the due date.
All information provided by an ADI under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI as set out in Prudential Standard APS 310 Audit and Related Matters. Relevant standards and guidance statements issued by the Auditing and Assurance Standards Board provide information on the scope and nature of the review and testing required from external auditors. This review and testing must be done on an annual basis or more frequently if necessary to enable the external auditor to form an opinion on the accuracy and reliability of the information provided by an ADI under this Reporting Standard.
All information provided by an ADI under this Reporting Standard must be subject to systems, processes and controls developed by the ADI for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.
(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
(b) the instructions to a form, to clarify their application to the form
without changing any substantive requirement in the form or instructions.
old Reporting Standard means the Reporting Standard revoked by the determination that makes this Reporting Standard (being the Reporting Standard that this Reporting Standard replaces), as in force immediately before the commencement of this Reporting Standard.
transitional reporting period means a reporting period under the old Reporting Standard:
(a) that ended on or before 31 December 2018; and
(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.
Note: 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 any overdue reporting documents in accordance with the old Reporting Standard.
AASB has the meaning in section 9 of the Corporations Act 2001.
AASB 127 means Australian accounting standard AASB 127 Separate Financial Statements made by the Australian Accounting Standards Board.
ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.
APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.
branch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959.
building society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.
consolidated ADI group means a group comprising:
(a) an ADI that is a highest parent entity; and
(b) each subsidiary under the control (within the meaning of AASB 127) of that ADI, whether the subsidiary is locally-incorporated or not.
credit 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.
due date means the relevant due date under paragraph 8 or, if applicable, the date on a notice of extension given under paragraph 10.
foreign ADI has the meaning in section 5 of the Banking Act 1959.
highest parent entity means an ADI that satisfies all of the following conditions:
(a) it is locally-incorporated;
(b) it has at least one subsidiary under its control (within the meaning of AASB 127); and
(c) it is not itself a subsidiary (within the meaning of AASB 127) of an ADI that is locally-incorporated.
locally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.
reporting period means a period mentioned in paragraph 7 or, if applicable, the date on a notice given under paragraph 9.
stake 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).
Unless the contrary intention appears, any reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force or existing from time to time.
Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.
Reporting Form ARF 322.0
Statement of Financial Position (Consolidated)
Instruction Guide
In these Instructions:
Personal: individuals, or groups of individuals whose dealings with other sectors are for personal (i.e. non-business) purposes.
Commercial: transactions conducted with Private trading companies, Public trading enterprises, Private unincorporated businesses, and Community service organisations, for use in connection with businesses carried on by them.
‘Parent entity’, ‘controlled entity’ (subsidiary), ‘associated entity’: these terms are defined in accordance with AASB 127, AASB 3 and AASB 128 Investments in Associates and Joint Ventures (AASB 128).
‘Related parties’: related parties of the reporting entity include the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
This is to be completed by all authorised deposit-taking institutions (ADIs) on a consolidated group basis (where applicable).
The basis of consolidation required in this form is in accordance with the accounting consolidated group. The accounting consolidated group is to be determined in accordance with the requirements of the Australian accounting standards, notably AASB 127 Separate Financial Statements (AASB 127) and AASB 3 Business Combinations (AASB 3).
ADIs that do not have any controlled entities are not required to submit forms for this reporting entity.
Branches of foreign banks are not required to complete this form.
This refers to the global operations of the ADI and all its controlled entities (where relevant), consolidated in accordance with Australian accounting standards (AASB 127 and AASB 3).
The terms ‘controlled entity’ and ‘parent entity’ are defined in accordance with AASB 127 and AASB 3.
Exclude from the accounting consolidated group special purpose vehicles (SPVs) whose assets have satisfied the clean sale requirements set out in Prudential Standard APS 120 Securitisation (APS 120) (refer to Securitisation Deconsolidation Principle below).
(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; and
(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.
The form is to be completed as at the last day of each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI. ADIs must submit the completed form to APRA within 28 calendar days after the end of the relevant reporting quarter or by the date specified in a notice of extension granted by APRA.
ADIs are asked to complete the form in whole Australian dollars (no decimal place).
Amounts 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).
The general requirements of AASB 121 for translation are:
Transactions arising under foreign currency derivative contracts at the reporting date must be prepared in accordance with AASB 9 Financial Instruments (AASB 9), AASB 7 Financial Instruments: Disclosures (AASB 7) and AASB 132 Financial Instruments: Presentation. However, those foreign currency derivatives that are not within the scope of AASB 9 (e.g. some foreign currency derivatives that are embedded in other contracts) remain within the scope of AASB 121.
For 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.
As foreign currency derivatives are measured at fair value, the currency derivative contracts are translated at the spot rate at the reporting date.
Exchange 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.
The ineffective portion of the exchange differences in all hedges would be recognised in profit and loss; and
A foreign operation is defined in AASB 121 to mean 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.
Unless otherwise specifically stated, institutions are allowed to take advantage of netting agreements in relation to disclosure of data items in this form. Institutions are to comply with the prerequisite for netting outlined in Australian accounting standards AASB 7 and AASB 132 and any relevant prudential standards.
Any references to ‘term to maturity’ in Reporting Form ARF 322.0 Statement of Financial Position (Consolidated) (ARF 322.0) refer to residual term to maturity.
The nature of the disclosure and format of this form may not be strictly consistent with the annual financial statements prepared by the institution. Notwithstanding this, in completing this form (unless otherwise specifically stated for individual items of assets, liabilities or equity), institutions are requested to follow the basis that is used for the preparation of its annual financial statements in accordance with the Australian Accounting Standards, specifically in regard to the:
This information is provided as a reference guide for the disclosure of the loans and advances portfolios and deposit portfolios as required in ARF 322.0, it can be also be used as a general guide for other classifications in the form.
In defining sectors (refer to below), the following three broad classifications are used:
Private: the private sector comprises private corporations, households and non-profit institutions serving households; and
Public: the public sector comprises government-controlled corporations, general government units and non-profit institutions controlled by government.
The level of Government classification is:
An Australian resident is any individual, business or other organisation domiciled in Australia. Australian branches and Australian subsidiaries of foreign businesses are regarded as Australian residents.
A non-resident is any individual, business or other organisation domiciled overseas. Foreign branches and foreign subsidiaries of Australian businesses are regarded as non-residents.
This comprises individuals, or groups of individuals, resident in Australia whose dealings with other sectors are for personal or household purposes.
Exclude:
Include:
Exclude:
Private trading corporations are those owned and controlled by the private sector whose main activity is producing goods or non-financial services for sale.
Include:
Exclude:
This comprises individuals acting as sole proprietors or in partnerships, for commercial or professional purposes. The major businesses to be included in this sub-sector are unincorporated farms, unincorporated retailers, unincorporated professional practices (medical, legal, dental, accounting, etc.), unincorporated businesses of tradesmen such as plumbers, carpenters, etc.
Trading enterprises owned by the Commonwealth are those businesses which are owned and controlled by the Australian Commonwealth Government and which produce goods or non-financial services for sale at market prices.
Include:
Exclude:
State, Territory and local government trading enterprises are those businesses, which are owned and controlled by State, Territory or local governments, which produce goods or non-financial services for sale at market prices.
Include:
Exclude:
Australian Commonwealth Government departments and agencies’ principal function is to provide non-market goods and services, principally financed by taxes, to regulate economic activity, maintain law and order and to redistribute income and wealth by means of transfers.
Include:
Exclude:
State, Territory and local general government provide non-market goods and services principally financed by taxes to regulate economic activity, maintain law and order and to redistribute income and wealth by means of transfers and hence provided free of charge or at nominal prices well below the cost of production.
Include:
Exclude:
The RBA is a public financial corporation and has responsibility for monetary policy, issuing banknotes, holding Australia’s international reserves and providing banking services to the Commonwealth.
This sub-sector includes APRA.
ADIs refers to corporations, in relation to which an authority under subsection 9(3) of the Banking Act 1959 is in force.
Include:
Exclude:
RFCs refers to corporations registered under the Financial Sector (Collection of Data) Act 2001 that are classified as Categories D and Other and cash management trusts.
Include:
A list of corporations registered under the Financial Sector (Collection of Data) Act 2001 and their classification are available on request.
Exclude:
Life insurance companies must be registered with APRA. They offer insurance for death or disability and also offer investment and superannuation products.
Include:
Exclude:
The pension funds sub-sector includes all superannuation funds that are regarded as complying funds for the purposes of the Superannuation Industry (Supervision) Act 1993 and other autonomous funds established for the benefit of public sector employees. Superannuation funds with all of their assets invested with insurance offices are included.
Superannuation funds and Approved Deposit Funds (ADFs) are established to provide benefits for their members on retirement, resignation, death or disablement. Superannuation funds and ADFs usually take the legal form of trust funds.
Include:
Exclude:
The other insurance corporations sub-sector includes all corporations that provide insurance other than life insurance. Included are general, fire, accident, employer liability, household and consumer credit insurers and health insurance funds. These companies must be registered with APRA. They mainly offer house, car and marine insurance.
Include:
These are corporations established by State and Territory governments to provide finance for government authorities and to manage their surplus funds.
Include:
These are corporations and quasi-corporations engaged primarily in activities closely related to financial intermediation, but which do not themselves perform an intermediation role.
Include:
Exclude:
These are financial vehicles that issue short and/or long-term securities (called asset-backed securities) using specifically selected assets (e.g. mortgages, receivables). They provide backing (collateral) for the securities and generate the payment streams necessary to fulfil interest and principal requirements for investors.
Include:
Exclude:
Comprise all financial intermediaries other than central bank institutions, depository corporations, insurance corporations, pension funds, CBAs, securitisers and unit trusts.
Include:
Exclude:
The rest of the world sector consists of all non-resident units that enter into transactions, or have other economic links, with Australian resident units. The concept of residence is one based on the economic territory of a country rather than legal or political concepts. A non-resident unit is any individual, enterprise or other organisation ordinarily domiciled in a country other than Australia.
Include:
Exclude:
Specific instructions
Generally include:
Exclude:
This reporting item should be brought to account at the face value or the gross value of the outstanding balance where appropriate. Interest is taken to profit and loss when earned.
Include Australian and foreign currency notes and coins of the reporting entity. Notes and coins in transit between any branches or offices of the reporting entity should be reported.
Include:
Exclude:
Include:
Exclude:
Include:
Treatment is to be consistent with AASB 9.
Where the transferee of the stock effectively receives a lender’s rate of return (i.e. the underlying risks and rewards of ownership of the underlying stock is not effectively transferred), these transactions are to be accounted for as collateralised borrowing activities (treating stock borrowing as on balance sheet exposures). Securities purchased under agreements to resell, represents the receivable due from counterparties from whom the stock has been borrowed and with whom cash has been lodged. Under this method of accounting the bank’s physical stock positions recorded on the balance sheet in either securities held for trading or securities not held for trading sections is not affected.
Generally include:
Exclude:
This reporting item should be brought to account at the gross value of the outstanding balance. Interest is taken to profit and loss when earned.
Sum all cash and liquid assets reporting items above, due from residents.
Securities held for trading are defined in accordance with AASB 9.
Securities held for trading are recorded at net fair value, which is defined in accordance with AASB 9.
Interest earned on securities held for trading is reported as interest income in the ADI Statement of Financial Performance. ARF 330.1 Interest Income and Interest Expense (ARF 330.1). Dividends received are viewed as dividend income and accordingly, are to be classified as other operating income in ARF 330.2 Other Operating Income (ARF 330.2).
All gains and losses, realised and unrealised are reported in net trading income in ARF 330.2.
Report short sold positions as a negative asset against the appropriate debt or equity security item.
Include:
Exclude:
‘Loans and advances’ should not be affected by the reporting of ‘Securities lent or sold under repurchase agreements’.
Include:
Include:
Include:
Include:
An asset-backed security is a debt security that is secured or supported by a pool of assets. These forms of securities are usually issued by a SPV.
Include:
Sum all ‘securities held for trading’ reporting items.
Securities not held for trading are those securities, which do not fall within the definition of ‘Securities held for trading’ (as defined in accordance with AASB 7). These are generally securities purchased with the intent that they be generally held to maturity or held for a period of time, though not necessarily maturity (i.e. equity securities where it is not technically possible to hold to maturity).
The ADI’s strategic investment in the equity securities of entities that are deemed to be controlled entities, associates or joint ventures, defined in accordance with AASB 127, AASB 3 and AASB 128, are to be disclosed in ‘Other Investments’ in ARF 322.0.
Securities not held for trading are to be recorded in accordance with AASB 9.
Interest earned on securities not held for trading is reported as Interest Income in ARF 330.1.
Dividends received on equity securities are viewed as dividend income and accordingly, are to be classified as Other Operating Income in ARF 330.2.
All realised gains and losses are reported in ARF 330.2.
Include:
Exclude:
Include:
Include:
Include:
Include:
An asset-backed security is a debt security that is secured or supported by a pool of assets. These forms of securities are usually issued by a SPV.
Equity securities
Include:
Record the holding of equity securities issued by ADIs that are held as Securities not held for trading.
Exclude:
Record the holding of equity securities issued by insurance corporations that are held as Securities not held for trading.
Exclude:
Record the holding of equity securities issued by corporations other than ADIs and insurance corporations that are held in the Securities not held for trading.
Exclude:
Sum all ‘Securities not held for trading’ reporting items.
Include:
Acceptances comprise undertakings by an ADI to pay bills of exchange drawn on customers. These bills of exchange are not held as part of the ADI’s asset portfolio. Acceptances are accounted for and disclosed as a liability with a corresponding contra asset. The contra asset is recognised to reflect the ADI’s claim against each drawer of the bills of exchange.
Bills of exchange that have been accepted and held in an ADI’s asset portfolio should be excluded from this item. Include these holdings of own acceptances under either securities held for trading or securities not held for trading.
Netting is allowed in accordance with the requirements specified in the Australian accounting standards (i.e. only if there is a legal right to set off and there is an intention to settle on a net basis, or realise the assets and settle the liability simultaneously).
Acceptances generate fee income that is taken to profit and loss when earned.
Note: Loans and advances are investments of the ADI, which are deemed for this form not to be evidenced by the financing/issue of debt securities (e.g. bill financing). This type of financing/investing is to be either recorded in the Securities held for trading or Securities not held for trading.
Generally include:
Exclude:
Loans and advances are recognised at amortised cost, after assessing required provisions.
Loans and advances should be recorded net of unearned revenue; this is mainly with respect to unearned lease receivables.
Netting is permitted in accordance with the requirements of the Australian accounting standards (i.e. where there is a legal right to set off the recognised amounts and there is an intention to settle on a net basis, or realise the assets and settle the liability simultaneously).
Provisions assessed on an individual facility basis in accordance with the Australian equivalents to International Financial Reporting Standards[3] (IFRS) are to be treated as specific provisions in the reporting forms for regulatory reporting purposes APS 220 Credit Quality (APS 220). Specific provisions also include that portion of provisions assessed on a collective basis that are not eligible for regulatory purposes to be included in General Reserve for Credit Losses as defined by APS 220.
Note: Specific provisions and General Reserve for Credit Losses for products and counterparties where indicated in the form are to be reported only if the data is already recorded and allocated on that basis by the institution. Otherwise the specific provision and General Reserve for Credit Losses can be disclosed in aggregate.
Do not include associated deferred tax assets (DTA) in the amounts reported for General Reserve for Credit Losses or specific provisions. Include associated DTA in 'Other Assets - DTA - General Reserve for Credit Losses'.
Include:
Revolving credit is a loan arrangement in which the borrowing party may repay funds on loan and immediately borrow it again up to an agreed limit.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item, if this is recorded or allocated by the institution on this basis.
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
Include:
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item, if this is recorded or allocated by the institution on this basis.
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
Include:
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item.
Report the General Reserve for Credit Losses applied to this loan item if already recorded/allocated by the institution, otherwise leave blank.
Include:
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item.
Report the General Reserve for Credit Losses applied to this loan item if already recorded/allocated by the institution, otherwise leave blank.
Include:
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item, if recorded or allocated by the institution on this basis.
Report the General Reserve for Credit Losses for this reporting line, if recorded or allocated by the institution on this basis.
Include:
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item, if recorded or allocated by the institution on this basis.
Report the General Reserve for Credit Losses for this reporting line, if recorded or allocated by the institution on this basis.
Include:
This reporting item should be reported net of unearned revenue and gross of specific provisions for impairment and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item, if this is recorded or allocated by the institution on this basis.
Report the General Reserve for Credit Losses for this reporting line, if recorded or allocated by the institution on this basis.
This reporting item should be reported net of unearned revenue and gross of specific provisions for impairment and General Reserve for Credit Losses.
Report the specific provisions for impairment applied to this loan item, if this is recorded or allocated by the institution on this basis.
Report the General Reserve for Credit Losses for this reporting line, if recorded or allocated by the institution on this basis.
Sum the gross value of loans and advances.
Record the specific provisions for impairment applying to all loans.
Record the General Reserve for Credit Losses applying to all loans.
Deferred fee income should be reported in this line item and deducted from Total gross loans and advances.
Subtract ‘General Reserve for Credit Losses’, and ‘specific provisions’ and ‘Deferred Fee Income’ from ‘total gross loans and advances’.
Record loans held at fair value in accordance with AASB 9.
Report the total amount of equity investments in the parent entity. Defined in accordance with AASB 127 and AASB 3.
Report the total amount of equity investments in associates. Defined in accordance with AASB 128.
Report the total amount of interests in joint ventures (entities).
Report the total value of shareholdings in former SSPs and is to be completed by ADIs that have affiliations with SSPs.
Report any other investments not included above.
Sum all reporting line items for ‘Other Investments’.
The reporting of all fixed asset items should be in accordance with applicable Australian accounting standards. Do not include property acquired or held available for sale. These assets are to be disclosed in ‘Other Assets’ category under line item ‘Non-current assets and disposal groups classified as held for sale’.
Include:
Include:
Report total depreciation and impairment for all property, plant and equipment items.
Deduct ‘Accumulated depreciation/impairment’ from the gross values for ‘Property’ and ‘Plant and equipment’.
Where information technology is treated as an intangible asset for accounting purposes, it must be reported as an intangible asset in this regulatory form.
Include:
Include:
Sum of line items hardware and software application costs and development and other on costs.
Include:
Include:
Sum of line items hardware and software application costs and Development and other on costs.
Report other information technology expenditure which is not separately reported above.
Report total gross value of Information technology WIP and in use here.
Report accumulated depreciation/impairment in total for all Information technology assets.
Subtract ‘Accumulated depreciation/impairment - Information technology’ from ‘Total information technology (WIP plus In Use plus Other information technology)’.
Report other fixed asset items not specifically mentioned above; e.g. leasehold improvements and capital leases.
Report accumulated depreciation/impairment relating to other fixed assets.
Subtract ‘Less: Accumulated depreciation’ from ‘Other’.
Deduct accumulated depreciation/impairment from the gross values for property, plant and equipment, information technology and other.
Intangible assets have been divided into ‘intangible assets with a finite life’ and ‘intangible assets with an infinite life’ and ‘goodwill’.
Classification of assets as intangible assets must be in compliance with the Australian Accounting Standards. As a guide, ADIs are suggested to follow the disclosure adopted in its annual financial report.
Include:
Include:
Subtract the ‘accumulated amortisation’ from the ‘intangible assets with a finite life’.
Include:
Include:
Subtract the ‘Impairment’ from the ‘Intangible assets with an infinite life’.
Goodwill (determined in accordance with AASB 3) represents the excess of the cost of the business combination over the acquirer’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities.
Include:
Include:
10.10 Net intangible assets
Deduct accumulated amortisation and impairment from the gross values for intangible assets with a finite life, intangible assets with an infinite life and goodwill.
Include:
Report costs associated with debt raisings and other similar transaction related costs.
Report the balance of securitisation establishment costs that are capitalised and deferred.
Report origination fees and commissions deferred.
Report any other capitalised expenses not reported above.
Include:
For those institutions that have broking activity (i.e. equity broking) with clients who are other than financial institutions, record the amount due from clients in relation to security settlement transactions. Do not include amounts receivable from financial institutions or clearing houses in relation to security settlements, as these are to be recorded in a separate asset heading ‘Due from Financial Institutions’ and ‘Due from Clearing Houses’.
Tax assets are defined in accordance with AASB 112 Income Taxes (AASB 112).
Recognition of DTA are to be made in accordance with AASB 112.
The amounts calculated and recognised for DTA must be noted separately in the following categories:
Report all DTA arising out of tax losses in accordance with AASB 112.
Report all DTA associated with the provisioning for asset impairment in accordance with AASB 112.
Report all DTA other than from tax losses, specific provision and general reserve for credit losses.
Report the carrying value of purchased loan (e.g. mortgages) and credit card relationships when the reporting entity purchases the right to receive existing loan payments and credit card receivables in consideration for providing lending and credit card services to those customers. Also report any purchased loan/credit card servicing rights arising in the acquisition of an entire financial institution. The carrying value consists of the cost of the servicing right less accumulated amortisation for the right.
Include:
Include:
Report suspense or unreconciled/unidentified transactions/balances here. A list of examples is not provided as these may vary between institutions. It is recommended that the institution’s internal procedures be adopted regarding the recording and reporting of these types of balances.
Include all other assets not separately identified above.
For example, include:
Exclude:
Sum all the reporting items listed under ‘Other assets’.
Sum total assets including Australian dollar denominated assets and foreign currency denominated assets.
Include:
Include:
This reporting item should be brought to account at the gross value of the outstanding balance. Interest is taken to profit and loss when earned.
Acceptances comprise undertakings by an ADI to pay bills of exchange drawn on customers. The ADI expects most acceptances to be presented before being reimbursed by the customers. These bills of exchange are not held as part of the ADI’s asset portfolio. Acceptances are accounted for and disclosed as a liability with a corresponding contra asset. The contra asset is recognised to reflect the ADI’s claim against each drawer of the bills of exchange.
Bills of exchange that have been accepted and held in an ADI’s asset portfolio should be excluded from this item. Include these holdings of own acceptances under either securities held for trading or securities not held for trading.
Netting is allowed in accordance with the requirements specified in the Australian accounting standards (i.e. only if there is a legal right to set off and there is an intention to settle on a net basis, or realise the assets and settle the liability simultaneously).
Acceptances generate fee income that is taken to profit and loss when earned.
Include the following:
Accounts which provide checking facilities of any kind. This account can either be interest bearing or non-interest bearing. This account may be linked with other accounts offering transaction or non-transaction facilities. Do not include accounts which have a cheque facility but a cheque book has never been issued.
Accounts from which payments may be made to third parties – Automated Teller Machines (ATMs), debit card or another electronic device.
All deposits are to be reported net off any setoffs (only if in accordance with AASB 132, AASB 7 and AASB 9).
A written notice required before funds can be withdrawn or transferred out of the account;
Exclude from this classification:
An account in which money has be placed for a fixed period for a stated interest rate.
Certificates of deposit are negotiable bearer debt securities. They are issued at a discount to the face value and do not require endorsement when sold.
Record in aggregate all other forms of deposits that are not included in the deposit account classifications noted above.
Sum the total of ‘Call/on demand’, ‘Term deposits’, ‘Certificates of deposit’ and ‘Other’.
Include:
Exclude:
These transactions are to be recorded consistently with AASB 9. Where the transferee of the stock effectively receives a lender’s rate of return (i.e. the underlying risks and rewards of ownership of the underlying stock is not effectively transferred), these transactions are to be accounted for as collateralised lending activities (treating stock lending as on balance sheet exposures). Securities sold under agreements to repurchase, represents the payable due to counterparties with whom the stock has been lent and from whom cash has been lodged. Under this method of accounting the bank’s physical stock positions recorded on the balance sheet in either Securities held for trading or Securities not held for trading sections is not affected.
Report all borrowings by the reporting entity in the form of commercial paper or promissory notes. Commercial paper or promissory notes are short-term debt securities usually issued with an original term to maturity of less than 180 days.
Include:
Report all borrowings by the reporting entity in the form of short-term debt securities, other than certificates of deposits and promissory notes/commercial paper (identified above).
Include:
Report all borrowings by the reporting entity in the form of variable interest rate short-term loans from counterparties.
A loan is considered to be short-term if its residual term to maturity is of 12 months or less.
Amounts due to clearing houses should be separately identified and reported as ‘Due to clearing houses’. Settlement account balances should be separately identified and reported as ‘Due to financial institutions’.
Report all borrowings by the reporting entity in the form of fixed interest rate short-term loans from counterparties.
A loan is considered to be short-term if its residual term to maturity is of 12 months or less.
Amounts due to clearing houses should be separately identified and reported as ‘Due to clearing houses’. Settlement account balances should be separately identified and reported as ‘Due to financial institutions’.
Sum the component parts listed under ‘Other borrowings’.
Recognition of current and deferred tax liabilities are to be made in accordance with AASB 112. In addition, this should relate to Australian business operations.
Sum the income tax liability items relating to Australian business operations.
A provision for dividends is the allowance that the reporting entity has made in terms of the obligation for declared dividends.
Include:
Include:
Report all provisions raised for the restructuring of an organization.
Include:
Report all other provisions not identified above.
Include:
Sum all the ‘provisions’ reporting items.
Bonds, notes and long-term borrowings have a residual term to maturity of more than one year. This includes loans and debt securities.
Report debt securities that have been issued in Australia 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:
As a guide exclude:
Report the face value of all loans and borrowings from Australian residents that have a residual term to maturity of more than one year.
Include:
Exclude:
Report the face value of all variable interest rate loans and borrowings from Australian residents that have a residual term to maturity of more than one year.
Report the face value of all fixed interest rate loans and borrowings from Australian residents that have a residual term to maturity of more than one year.
Sum the total face value of all ‘Bonds, notes and long-term borrowings’ issued or raised in Australia.
Include:
Distinctions between current and non-current defined benefit liabilities are to be made in accordance with AASB 101 Presentation of Financial Statements (AASB 101).
Include:
Include:
For those institutions that have broking activity with clients who are other than financial institutions, record the amount due to clients in relation to security settlement transactions. Do not include amounts payable to financial institutions or clearing houses in relation to security settlements, as these are to be recorded in a separate liability heading ‘Due to Financial Institutions’ and ‘Due to Clearing Houses’.
Include:
Report suspense or unreconciled/unidentified transactions/balances here that are in a liability position. A list of examples is not provided as these may vary between institutions. It is recommended that the institutions internal procedures be adopted regarding the recording and reporting of these types of balances.
Include:
Applicable to Credit Unions and Building Societies, this includes members’ shares in co-operatives classified as liabilities consistent with AASB 132 and AASB 7.
Include:
Sum the reporting items listed under ‘Creditors and other liabilities’.
Report the face value of all loan capital and hybrid securities that have been issued in Australia and have a residual term to maturity of more than one year.
Classification is to be consistent with AASB 132 and AASB 7.
As a guide include:
Include the value of ADI member withdrawable shares. This item should be prepared in accordance with the APRA prudential treatment and not applicable accounting standards. For prudential purposes, an ADI member share is classified as a liability and is not capital. In the event of redemption, the liability would be reduced by the issue value of shares redeemed.
As a guide include:
As a guide include:
Total all ‘Loan capital and hybrid securities’ items listed above.
Sum total liabilities.
Calculated as ‘Total assets’ less ‘Total liabilities’.
Include:
Preference shares have a priority over dividend payments and to the assets of the reporting company.
Include:
This is derived from revenue profits and is mostly available for dividend payment.
Exclude:
Capital profits reserve represents the realised value of revaluations associated with an asset or class of assets that have been disposed of. These assets have been subject to the fair value basis of measurement and revaluations accounted for in accordance with accounting standard AASB 116. Due to the disposal of these assets, the balance of the asset revaluation reserve (ARR) associated with these assets has been transferred to a capital profits reserve.
Include:
Include:
Include:
Include:
Include:
ARR relating to the revaluation of other assets.
Sum the reporting items listed under ‘Asset revaluation reserve’.
Include:
Include:
Include:
Include:
Include:
Include:
Sum the reporting items listed under ‘Reserves’.
Sum the reporting items ‘Shareholders’ equity’.
In these Instructions:
Personal: individuals, or groups of individuals whose dealings with other sectors are for personal (i.e. non-business) purposes.
Commercial: transactions conducted with Private trading companies, Public trading enterprises, Private unincorporated businesses, and Community service organisations, for use in connection with businesses carried on by them.
‘Parent entity’, ‘controlled entity’ (subsidiary), ‘associated entity’: these terms are defined in accordance with AASB 127, AASB 3 and AASB 128 Investments in Associates and Joint Ventures (AASB 128).
‘Related parties’: related parties of the reporting entity include the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
This is to be completed by all authorised deposit-taking institutions (ADIs) on a consolidated group basis (where applicable).
The basis of consolidation required in this form is in accordance with the accounting consolidated group. The accounting consolidated group is to be determined in accordance with the requirements of the Australian accounting standards, notably AASB 127 Separate Financial Statements (AASB 127) and AASB 3 Business Combinations (AASB 3).
ADIs that do not have any controlled entities are not required to submit forms for this reporting entity.
Branches of foreign banks are not required to complete this form.
This refers to the global operations of the ADI and all its controlled entities (where relevant), consolidated in accordance with Australian accounting standards (AASB 127 and AASB 3).
The terms ‘controlled entity’ and ‘parent entity’ are defined in accordance with AASB 127 and AASB 3.
Exclude from the accounting consolidated group special purpose vehicles (SPVs) whose assets have satisfied the clean sale requirements set out in Prudential Standard APS 120 Securitisation (APS 120) (refer to Securitisation Deconsolidation Principle below).
(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; and
(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.
The form is to be completed as at the last day of each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI. ADIs must submit the completed form to APRA within 28 calendar days after the end of the relevant reporting quarter or by the date specified in a notice of extension granted by APRA.
ADIs are asked to complete the form in whole Australian dollars (no decimal place).
Amounts 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).
The general requirements of AASB 121 for translation are:
Transactions arising under foreign currency derivative contracts at the reporting date must be prepared in accordance with AASB 9 Financial Instruments (AASB 9), AASB 7 Financial Instruments: Disclosures (AASB 7) and AASB 132 Financial Instruments: Presentation. However, those foreign currency derivatives that are not within the scope of AASB 9 (e.g. some foreign currency derivatives that are embedded in other contracts) remain within the scope of AASB 121.
For 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.
As foreign currency derivatives are measured at fair value, the currency derivative contracts are translated at the spot rate at the reporting date.
Exchange 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.
The ineffective portion of the exchange differences in all hedges would be recognised in profit and loss; and
A foreign operation is defined in AASB 121 to mean 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.
Unless otherwise specifically stated, institutions are allowed to take advantage of netting agreements in relation to disclosure of data items in this form. Institutions are to comply with the prerequisite for netting outlined in Australian accounting standards AASB 7 and AASB 132 and any relevant prudential standards.
Any references to ‘term to maturity’ in Reporting Form ARF 322.0 Statement of Financial Position (Consolidated) (ARF 322.0) refer to residual term to maturity.
The nature of the disclosure and format of this form may not be strictly consistent with the annual financial statements prepared by the institution. Notwithstanding this, in completing this form (unless otherwise specifically stated for individual items of assets, liabilities or equity), institutions are requested to follow the basis that is used for the preparation of its annual financial statements in accordance with the Australian Accounting Standards, specifically in regard to the:
This information is provided as a reference guide for the disclosure of the loans and advances portfolios and deposit portfolios as required in ARF 322.0, it can be also be used as a general guide for other classifications in the form.
In defining sectors (refer to below), the following three broad classifications are used:
Private: the private sector comprises private corporations, households and non-profit institutions serving households; and
Public: the public sector comprises government-controlled corporations, general government units and non-profit institutions controlled by government.
The level of Government classification is:
An Australian resident is any individual, business or other organisation domiciled in Australia. Australian branches and Australian subsidiaries of foreign businesses are regarded as Australian residents.
A non-resident is any individual, business or other organisation domiciled overseas. Foreign branches and foreign subsidiaries of Australian businesses are regarded as non-residents.
Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
This Reporting Standard applies to an authorised deposit-taking institution (ADI) that is a highest parent entity in relation to a consolidated ADI group. This Reporting Standard does not apply to a branch of a foreign bank.
This Reporting Standard commences on 1 July 2019.
Note: the Direct to APRA application software (also known as D2A) may be obtained from APRA.
Subject to paragraph 9, the information required by this Reporting Standard must be provided in respect of each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI.
The information required by this Reporting Standard must be provided to APRA within 28 calendar days after the end of the reporting period to which the information relates.
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:
(a) the particular circumstances of the ADI;
(b) the extent to which the information is required for the purposes of prudential supervision of the ADI; and
(c) the requirements of the RBA and the ABS.
Note: For the avoidance of doubt, if the due date for a particular reporting period falls on a day other than a usual business day, an ADI is nonetheless required to submit the information required no later than the due date.
All information provided by an ADI under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI as set out in Prudential Standard APS 310 Audit and Related Matters. Relevant standards and guidance statements issued by the Auditing and Assurance Standards Board provide information on the scope and nature of the review and testing required from external auditors. This review and testing must be done on an annual basis or more frequently if necessary to enable the external auditor to form an opinion on the accuracy and reliability of the information provided by an ADI under this Reporting Standard.
All information provided by an ADI under this Reporting Standard must be subject to systems, processes and controls developed by the ADI for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.
(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
(b) the instructions to a form, to clarify their application to the form
without changing any substantive requirement in the form or instructions.
old Reporting Standard means the Reporting Standard revoked by the determination that makes this Reporting Standard (being the Reporting Standard that this Reporting Standard replaces), as in force immediately before the commencement of this Reporting Standard.
transitional reporting period means a reporting period under the old Reporting Standard:
(a) that ended on or before 31 December 2018; and
(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.
Note: 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 any overdue reporting documents in accordance with the old Reporting Standard.
AASB has the meaning in section 9 of the Corporations Act 2001.
AASB 127 means Australian accounting standard AASB 127 Separate Financial Statements made by the Australian Accounting Standards Board.
ADI means an authorised deposit-taking institution within the meaning of the Banking Act 1959.
APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.
branch of a foreign bank means a ‘foreign ADI’ as defined in section 5 of the Banking Act 1959.
building society means a locally incorporated ADI that assumes or uses the expression ‘building society’ in relation to its banking business.
consolidated ADI group means a group comprising:
(a) an ADI that is a highest parent entity; and
(b) each subsidiary under the control (within the meaning of AASB 127) of that ADI, whether the subsidiary is locally-incorporated or not.
credit 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.
due date means the relevant due date under paragraph 8 or, if applicable, the date on a notice of extension given under paragraph 10.
foreign ADI has the meaning in section 5 of the Banking Act 1959.
highest parent entity means an ADI that satisfies all of the following conditions:
(a) it is locally-incorporated;
(b) it has at least one subsidiary under its control (within the meaning of AASB 127); and
(c) it is not itself a subsidiary (within the meaning of AASB 127) of an ADI that is locally-incorporated.
locally incorporated means incorporated in Australia or in a State or Territory of Australia, by or under a Commonwealth, State or territory law.
reporting period means a period mentioned in paragraph 7 or, if applicable, the date on a notice given under paragraph 9.
stake 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).
Unless the contrary intention appears, any reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force or existing from time to time.
Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.
Reporting Form ARF 322.0
Statement of Financial Position (Consolidated)
Instruction Guide
In these Instructions:
Personal: individuals, or groups of individuals whose dealings with other sectors are for personal (i.e. non-business) purposes.
Commercial: transactions conducted with Private trading companies, Public trading enterprises, Private unincorporated businesses, and Community service organisations, for use in connection with businesses carried on by them.
‘Parent entity’, ‘controlled entity’ (subsidiary), ‘associated entity’: these terms are defined in accordance with AASB 127, AASB 3 and AASB 128 Investments in Associates and Joint Ventures (AASB 128).
‘Related parties’: related parties of the reporting entity include the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
This is to be completed by all authorised deposit-taking institutions (ADIs) on a consolidated group basis (where applicable).
The basis of consolidation required in this form is in accordance with the accounting consolidated group. The accounting consolidated group is to be determined in accordance with the requirements of the Australian accounting standards, notably AASB 127 Separate Financial Statements (AASB 127) and AASB 3 Business Combinations (AASB 3).
ADIs that do not have any controlled entities are not required to submit forms for this reporting entity.
Branches of foreign banks are not required to complete this form.
This refers to the global operations of the ADI and all its controlled entities (where relevant), consolidated in accordance with Australian accounting standards (AASB 127 and AASB 3).
The terms ‘controlled entity’ and ‘parent entity’ are defined in accordance with AASB 127 and AASB 3.
Exclude from the accounting consolidated group special purpose vehicles (SPVs) whose assets have satisfied the clean sale requirements set out in Prudential Standard APS 120 Securitisation (APS 120) (refer to Securitisation Deconsolidation Principle below).
(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; and
(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.
The form is to be completed as at the last day of each quarter based on the financial year (within the meaning of the Corporations Act 2001) of the ADI. ADIs must submit the completed form to APRA within 28 calendar days after the end of the relevant reporting quarter or by the date specified in a notice of extension granted by APRA.
ADIs are asked to complete the form in whole Australian dollars (no decimal place).
Amounts 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).
The general requirements of AASB 121 for translation are:
Transactions arising under foreign currency derivative contracts at the reporting date must be prepared in accordance with AASB 9 Financial Instruments (AASB 9), AASB 7 Financial Instruments: Disclosures (AASB 7) and AASB 132 Financial Instruments: Presentation. However, those foreign currency derivatives that are not within the scope of AASB 9 (e.g. some foreign currency derivatives that are embedded in other contracts) remain within the scope of AASB 121.
For 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.
As foreign currency derivatives are measured at fair value, the currency derivative contracts are translated at the spot rate at the reporting date.
Exchange 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.
The ineffective portion of the exchange differences in all hedges would be recognised in profit and loss; and
A foreign operation is defined in AASB 121 to mean 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.
Unless otherwise specifically stated, institutions are allowed to take advantage of netting agreements in relation to disclosure of data items in this form. Institutions are to comply with the prerequisite for netting outlined in Australian accounting standards AASB 7 and AASB 132 and any relevant prudential standards.
Any references to ‘term to maturity’ in Reporting Form ARF 322.0 Statement of Financial Position (Consolidated) (ARF 322.0) refer to residual term to maturity.
The nature of the disclosure and format of this form may not be strictly consistent with the annual financial statements prepared by the institution. Notwithstanding this, in completing this form (unless otherwise specifically stated for individual items of assets, liabilities or equity), institutions are requested to follow the basis that is used for the preparation of its annual financial statements in accordance with the Australian Accounting Standards, specifically in regard to the:
This is an opening excerpt, not the complete document.