Financial Sector (Collection of Data) (reporting standard) determination No. 27 of 2019
Section A: AssetsSection A: Assets
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Exclude the following from this reporting category:
bills of exchange (reported as either Securities held for trading or Securities not held for trading); and
bills receivable and remittances in transit.
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.
1.1 Notes and coins
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.
1.2 Deposits at call
1.2.1 ADIs
Include:
all deposits with Australian resident ADIs that are available on demand. Report 11am accounts and 24-hour money.
Exclude:
exchange settlement accounts.
1.2.2 Registered Financial Corporations (RFCs)
Include:
all deposits with RFCs that are available on demand. Report 11am accounts and 24-hour money.
Exclude:
exchange settlement accounts.
1.2.3 Other financial institutions
Include:
all deposits with other financial institutions that are available on demand. Report 11am accounts and 24-hour money.
Exclude:
exchange settlement accounts.
1.3 Gold bullion
Include:
gold coin;
gold bullion held in Australia and elsewhere; and
gold certificates held as investments.
Exclude:
loans repayable in gold bullion.
1.4 Due from clearing houses
Include:
net claims on recognised clearing houses such as the Australian Stock Exchange Clearing House (ASXCH) and Sydney Futures Exchange Clearing House (SFECH) in Australia.
1.5 Securities purchased under agreements to resell
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.
1.6 Due from financial institutions
Generally include:
settlement account balances – Austraclear and the Reserve Bank Information and Transfer System (RITS) balances with banks and non-bank financial institutions;
amounts owing from ADIs and other financial institutions in relation to the payments system;
items in the course of collection from ADIs and other financial institutions in relation to the payments system;
amounts due to the reporting entity in relation to an involvement in an overseas payment system;
securities sold not delivered/security settlements - record receivables for unsettled sales of securities. This item arises only if the reporting institution record securities on a settlement date basis as opposed to trade date basis; and
margin deposit accounts with brokers.
Exclude:
Certificates of deposit. These items should be reported as short-term debt securities in either the Securities held for trading or Securities not held for trading category.
This reporting item should be brought to account at the gross value of the outstanding balance, unless a legal right of set-off exists in accordance with AASB 9, AASB 132 and AASB 7.
Deposits that are not on a call basis (e.g. deposits lodged at term that are not on a call basis).
1.6.1 Due from the Reserve Bank of Australia (RBA)
Include:
settlement account balances due from the RBA and other central banks, as well as securities sold not delivered/security settlements; and
funds held with the RBA or any foreign central bank.
1.6.2 Due from ADIs
Include:
settlement account balances due from ADIs, as well as securities sold not delivered/security settlements.
1.6.3 Due from RFCs
Include:
settlement account balances due from RFCs, as well as securities sold not delivered/security settlements.
1.6.4 Due from other financial institutions
Include:
settlement account balances due from other financial institutions, as well as securities sold not delivered/security settlements.
1.7 Total cash and liquid assets
Sum all cash and liquid assets reporting items above.
2. Securities held for trading
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 ARF 330.0 Statement of Financial Performance (ARF 330.0) and 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 all securities (stock) lent or sold under repurchase agreements. The payable due to counterparties with whom the stock has been lent or sold and from whom cash has been lodged is recorded in Securities sold under agreements to repurchase.
All securities borrowed or purchased under resale agreements should be excluded. The receivable due from counterparties from whom the stock has been borrowed or purchased and with whom cash has been lodged is recorded in Securities purchased under agreements to resell.
‘Loans and Advances’ should not be affected by the reporting of ‘Securities lent or sold under repurchase agreements’.
Include holdings of debt securities issued by the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
Debt securities
Include:
all debt securities consistent with the classification and measurement basis used for Securities held for trading by institutions in accordance with AASB 7.
2.1 Australian Commonwealth Government securities
Include:
debt securities issued by the Australian Commonwealth government. Do not include securities issued by Government business enterprises.
2.2 Other Australian Government securities
Include:
debt securities issued by Australian State and Territory governments and Australian State and Territory central borrowing authorities. Do not include securities issued by Australian State and Territory government business enterprises.
2.3 ADI debt securities
Include:
debt securities that have been issued by ADIs (e.g. negotiable certificates of deposits, transferable certificates of deposits, medium term notes, debentures, unsecured notes).
2.4 Corporate paper
Include:
debt securities that have been issued by corporate entities other than ADIs.
2.5 Asset backed debt securities
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.
2.6 Other debt securities
2.7 Equity securities
Include:
all equity securities held for trading consistent with the classification and measurement basis used for Securities held for trading by institutions in accordance with AASB 7.
2.8 Total securities held for trading
Sum all ‘Securities held for trading’ reporting items.
3. Securities not held for trading
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).
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 all securities (stock) lent or sold under repurchase agreements. The payable due to counterparties with whom the stock has been lent or sold and from whom cash has been lodged is recorded in Securities sold under agreements to repurchase.
All securities borrowed or purchased under resale agreements should be excluded. The receivable due from counterparties from whom the stock has been borrowed or purchased and with whom cash has been lodged is recorded in Securities purchased under agreements to resell.
‘Loans and Advances’ should not be affected by the reporting of ‘Securities lent or sold under repurchase agreements’.
Include holdings of debt securities issued by the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity.
Debt securities
Include:
all debt securities, consistent with the classification and measurement basis used for Securities not held for trading by institutions.
3.1 Australian Commonwealth Government securities
Include:
debt securities issued by the Australian Commonwealth Government. Do not include securities issued by government business enterprises.
3.2 Other Australian Government securities
Include:
debt securities issued by Australian State and Territory governments and Australian State and Territory central borrowing authorities. Do not include securities issued by Australian State and Territory government business enterprises.
3.3 ADI debt securities
Include:
debt securities that have been issued by ADIs (e.g. negotiable certificates of deposits, transferable certificates of deposits, medium term notes, debentures; unsecured notes).
3.4 Corporate paper
Include:
debt securities that have been issued by corporate entities other than ADIs.
3.5 Asset backed debt securities
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.
3.6 Other debt securities
Equity securities
Include:
all equity securities consistent with the classification used for Securities not held for trading by institutions.
3.7 ADI equity securities
Record the holding of equity securities issued by ADIs that are held as Securities not held for trading.
Exclude:
equity investments in ‘Parent Entity’ or ‘Controlled Entities’ or ‘Associates’. These investments are to be reported in the classification ‘Other Investments’.
3.8 Insurance corporations equity securities
Record the holding of equity securities issued by insurance corporations that are held as Securities not held for trading.
Exclude:
equity investments in ‘Parent Entity’, ‘Controlled Entities’ or ‘Associates’. These investments are to be reported in the classification ‘Other Investments’.
3.9 Other equity securities
Record the holding of equity securities issued by corporations other than ADIs and insurance corporations that are held in Securities not held for trading.
Exclude:
equity investments in ‘Parent Entity’, ‘Controlled Entities’ or ‘Associates’. These investments are to be reported in the classification ‘Other Investments’.
3.10 Total securities not held for trading
Sum all ‘Securities not held for trading’ reporting items.
4. Other deposits
Include:
deposits that are not invested on a call or short term basis i.e. term deposits that are not on a call/demand basis. Disclose total deposits invested with the following counterparty classifications.
4.1 ADIs
4.2 Other
4.3 Total other deposits
5. Acceptances of customers
Total acceptances of customers – Net
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.
6. Loans and advances
Loans and advances are investments of the ADI and generally include:
overdrafts;
secured and unsecured lending;
financial lease agreements;
account balances which do not qualify as deposits;
credit card outstanding balances;
term loans;
mortgage lending;
commercial loans;
equity participation in leveraged leases;
redeemable preference share finance;
subordinated loans; and
loans to controlled entities, associates and joint ventures.
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).
Loan loss provisioning
Provisions assessed on an individual facility basis in accordance with the Australian equivalents to International Financial Reporting Standards (IFRS)[3] are to be treated as specific provisions in the reporting forms for regulatory reporting purposes (Prudential Standard 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 provisions and General Reserve for Credit Losses can be disclosed in aggregate.
Do not include associated deferred tax assets (DTA) in the amounts reported for in General Reserve for Credit Losses or specific provisions. Include associated DTA in 'Other Assets – Deferred tax asset - From specific provisions and general reserve for credit losses'.
6.1 Loans to households
This comprises individuals, or groups of individuals, whose dealings with other sectors are for personal or household purposes.
Exclude:
family trusts, sole proprietors, partnerships and any other unincorporated enterprises owned by households. Record these as private unincorporated businesses.
the value of housing loans to Australian householders, for the construction or purchase of dwellings for owner occupation; and
revolving credit or redraw facilities originally approved for a purpose of predominantly owner-occupied housing.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.1.1 Housing: Owner-occupied – Specific provisions (2)
Report the specific provision for doubtful debts applied to this loan item. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.1.1 Housing: Owner-occupied – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses applied to this loan item if already recorded/allocated by the institution, otherwise leave blank.
6.1.1.1.1 Housing: owner-occupied – Of which revolving credit secured by residential mortgage – Balance outstanding (1)
Of the total reported for ‘Housing: Owner-occupied’ identify the component that is revolving credit facilities secured by residential mortgage.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
the value of investment housing loans to Australian householders, for the construction or purchase of dwellings for non-owner occupation; and
revolving credit or redraw facilities originally approved for a purpose of predominantly investment housing.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.1.2 Housing: Investment – Specific provisions (2)
Report the specific provisions applied to this loan item. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.1.2 Housing: Investment – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses applied to this loan item if already recorded/allocated by the institution, otherwise leave blank.
6.1.1.2.1 Housing: Investment – Of which revolving credit secured by residential mortgage – Balance outstanding (1)
Of the total reported for ‘Housing: Investment’ identify the component that is revolving credit facilities secured by residential mortgage.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.2 Revolving credit – Balance outstanding (1)
Include:
the gross value of loans of a revolving credit nature to Australian householders, other than credit cards, or loans originally approved for a purpose other than housing.
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.
6.1.2 Revolving credit – Specific provisions (2)
Report the specific provision for doubtful debts applied to this loan item, if this is recorded or allocated by the institution on this basis. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.2 Revolving credit – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
6.1.2.1 Revolving credit – of which revolving credit secured by residential mortgage – Balance outstanding (1)
Of the total reported for ‘Revolving credit’, identify the component that is revolving credit facilities secured by residential mortgage originally approved for a purpose other than housing.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.3 Credit cards – Balance outstanding (1)
Include:
the gross value of credit card liabilities of Australian householders.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.3 Credit cards – Specific provisions (2)
Report the specific provisions applied to this loan item, if this is recorded or allocated by the institution on this basis. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.3 Credit cards – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
6.1.4 Leasing – Balance outstanding (1)
Include:
the gross value of lease financing to Australian householders.
This reporting item should be reported net of unearned revenue and gross of specific provision for doubtful debts.
6.1.4 Leasing – Specific provisions (2)
Report the specific provisions applied to this loan item, if this is recorded or allocated by the institution on this basis. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.4 Leasing – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this recorded or allocated by the institution on this basis.
6.1.5 Other personal term loans – Balance outstanding (1)
Include:
the gross value of personal term loans to Australian householders for purposes other than housing and other than revolving credit, credit card and lease financing.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.5 Other personal term loans – Specific provisions (2)
Report the specific provisions applied to this loan item, if this is recorded or allocated by the institution on this basis. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.5 Other personal term loans – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
6.1.5.1 Other personal term loans of which fixed interest rate – Balance outstanding (1)
Of the total reported for ‘Other personal term loans’ identify the component that has a fixed interest rate.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.5.1 Other personal term loans of which fixed interest rate – Specific provisions (2)
Report the specific provision for doubtful debts applied to this loan item, if this is recorded or allocated by the institution on this basis. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.5.1 Other personal term loans of which fixed interest rate – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
6.1.5.2 Other personal term loans of which variable interest rate – Balance outstanding (1)
Of the total reported for ‘Other personal term loans’ identify the component that has a variable interest rate.
Include:
the gross value of variable rate term loans to Australian householders for purposes other than housing and other than revolving credit, credit card and lease financing.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.5.2 Other personal term loans of which variable rate – Specific provisions (2)
Report the specific provisions applied to this loan item, if this is recorded or allocated by the institution on this basis. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.5.2 Other personal term loans of which variable rate – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this is recorded or allocated by the institution on this basis.
6.1.6 Total loans to households – Balance outstanding (1)
Sum the gross value of loans to Australian householders.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.1.6 Total loans to households – Specific provisions (2)
Report the specific provisions applying to loans to Australian householders. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.1.6 Total loans to households – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line.
6.2 Commercial lending
6.2.1 Loans to private and public trading corporations
Private trading corporations
Private trading corporations are those owned and controlled by the private sector.
Include:
all resident private corporate trading enterprises;
intra-group financiers (Financial Sector (Collection of Data) Act 2001 Category I) and parent companies with significant holdings of shares in private trading companies;
privately owned schools and hospitals;
any unincorporated unit that is a branch in Australia of a non-resident company and which is not included in the financial sector; and
any unincorporated business owned and operated by trading corporations (e.g. joint ventures).
Exclude:
unincorporated businesses, except for branches of non-resident companies and joint ventures or partnerships owned by corporations; and
non-resident enterprises.
Public non-financial corporations
Commonwealth, state, territory and local government
Trading enterprises owned by the Commonwealth, State, Territory or local government are those businesses, which are owned and controlled by the Australian Commonwealth Government, State, Territory and local government and which produce goods or non-financial services for sale at market prices.
Include:
All resident trading enterprises, 50% or more owned by the Commonwealth, State, Territory and local government or controlled by the Commonwealth, State, Territory and local government, through legislation, decree or regulation (e.g. Australia Post, and Australian Government Solicitor, state rail and water authorities, gas and fuel authorities, housing commissions, port authorities, non-privatised power authorities).
Exclude:
government departments (show as Commonwealth general government);
government-owned financial institutions (these are classified as financial institutions);
state government owned financial institutions and entities in the general government; and
state and territory central borrowing authorities.
6.2.1 Loans to public and private trading corporations – Balance outstanding (1)
Include:
the gross value of loans to Australian private trading corporations that are denominated in Australian dollars.
6.2.1 Loans to public and private trading corporations – Specific provisions (2)
Report the specific provisions applied to this loan item. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.2.1 Loans to public and private trading corporations – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses applied to this loan item.
6.2.2 Loans to private unincorporated businesses and CSOs
Private unincorporated businesses
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.
Community service organisations (CSOs)
Include:
institutions financed mostly by members’ contributions, e.g. trade unions, professional societies, consumer associations, political parties, churches and religious societies, and social, cultural, recreational and sports clubs; and
charities and aid organisations financed by voluntary transfers.
Exclude:
CSOs and non-profit institutions controlled and mainly financed by government (include in general government).
6.2.2 Loans to unincorporated business and CSOs – Balance outstanding (1)
Include:
the total gross value of loans to Australian CSOs and unincorporated businesses.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.2.2 Loans to unincorporated business and CSOs – Specific provisions (2)
Report the specific provisions applied to this loan item. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.2.2 Loans to unincorporated business and CSOs – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting line, if this recorded or allocated by the institution on this basis.
6.2.3 Loans to ADIs and other financial institutions
Include:
treasury related short-term lending to other banks;
corporate banking customer relationship lending to other financial institutions;
loans and advances to other banks;
loans with banks and non-bank financial institutions; and
loans and advances to the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity that are financial institutions.
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.
Include the following counterparties:
RBA
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.
Other central bank institutions
This sub-sector includes APRA.
ADIs
ADIs refers to corporations, in relation to which an authority under subsection 9(3) is in force.
Include:
development banks; and
foreign banks licensed to operate in Australia under the Banking Act 1959.
Exclude:
merchant banks (record as non-bank financial intermediaries); and
non-resident banks (report as non-resident counterparties).
RFCs
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:
money market corporations (also referred to as ‘merchant banks’) (D);
pastoral finance companies, finance companies and general financiers (Other); and
cash management trusts.
A list of corporations registered under the Financial Sector (Collection of Data) Act 2001 and their classification is available on request.
Exclude:
intra group financiers registered under the Financial Sector (Collection of Data) Act 2001 Category I (record as private trading corporations).
Central borrowing authorities (CBAs)
These are corporations established by State and Territory governments to provide finance for government authorities and to manage their surplus funds.
Include:
New South Wales Treasury Corporation (NSW TCorp);
Treasury Corporation of Victoria (TCV);
Queensland Treasury Corporation (QTC);
South Australian Government Financing Authority (SAFA);
Western Australian Treasury Corporation (WATC);
Tasmanian Public Finance Corporation (Tas Corp);
Northern Territory Treasury Corporation (NT TCorp); and
ACT Treasury.
Financial auxiliaries
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:
fund managers as principal;
stockbrokers; and
insurance brokers.
Financial intermediaries
Securitisers
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.
Unit trusts
Include:
mortgage, fixed interest and equity unit trusts.
Exclude:
cash management trusts: include in RFCs; and
property and trading trusts, include in private trading corporations.
Other financial intermediaries
Comprise all financial intermediaries other than central bank institutions, depository corporations, insurance corporations, pension funds, CBAs, securitisers and unit trusts.
Include:
economic development corporations owned by governments;
co-operative housing societies;
investment companies; and
common funds including cash common funds.
6.2.3 Loans to ADIs and other financial Institutions – Balance outstanding (1)
Include:
the gross value of loans to ADIs and other financial institutions. This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.2.3 Loans to ADIs and other financial Institutions – Specific provisions (2)
Report the specific provisions applied to this loan item. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.2.3 Loans to ADIs and other financial Institutions – General Reserve for Credit Losses (3)
Report the General Reserve for Credit Losses for this reporting item, if this recorded or allocated by the institution on this basis.
6.2.4. Loans to government
All levels of Australian government
Include:
overdrafts;
secured and unsecured borrowings;
financial lease agreements;
account balances which do not qualify as deposits;
credit card outstanding balances; and
term loans.
Loans and advances are recognised at amortised cost, after assessing required provisions for impairment.
Commonwealth general government
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:
departments and agencies such as Department of Finance, Department of Defence, ABC, SBS, Australian Film Commission and CSIRO;
Commonwealth government unincorporated enterprises which provide goods and services to the Commonwealth Government and/or to the public for free or at prices that are not economically significant (e.g. government employee cafeterias, munitions factories);
non-profit institutions controlled and mainly financed by the Commonwealth Government;
Commonwealth government quasi-corporations which sell their output, at near market prices, exclusively to other government units (e.g. government printers and defence force housing schemes); and
public universities.
Exclude:
government trading enterprises such as Australia Post (record as Trading enterprises owned by the Commonwealth Government);
departments of the ACT and Northern Territory governments (record as State, Territory and local general government); and
the RBA and Commonwealth Government financial institutions such as Australian Industry Development Corporation (AIDC) and Export Finance and Insurance Corporation (EFIC) (record as financial institutions as appropriate).
State, Territory and local general government
State, Territory and local general government provides 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:
State and local government unincorporated enterprises which provide goods and services to their government and/or to the public for free or at prices that are not economically significant (e.g. government employee cafeterias, municipal swimming pools);
non-profit institutions controlled and mainly financed by state and local government;
state government quasi-corporations which sell their output, at near market prices, exclusively to other government units (e.g. government printers);
ACT and Northern Territory Government departments and agencies; and
state schools, technical and further education colleges and state owned hospitals.
Exclude:
all state and local government trading enterprises and financial enterprises (e.g. rail, and municipal water authorities); and
state and territory central borrowing authorities.
6.2.4 Loans to government – Balance outstanding (1)
Include:
the gross value of loans to Australian Commonwealth government. This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.2.4 Loans to government – Specific provisions (2)
If applicable sum the specific provisions applying to loans to Australian government bodies. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.2.5 Total commercial lending – Balance outstanding (1)
Sum the gross value of commercial lending.
This reporting item should be reported gross of any specific provisions and General Reserve for Credit Losses.
6.2.5 Total commercial lending – Specific provisions (2)
Report the aggregate specific provisions applying to commercial lending. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.2.5 Total commercial lending – General Reserve for Credit Losses (3)
Report the aggregate General Reserve for Credit Losses for this reporting line.
6.2.5.1 Total commercial lending of which: Revolving credit
Include:
the gross value of loans of a revolving credit nature. Exclude loans to Australian householders, for the purpose of housing.
A 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.
6.2.5.2 Total commercial lending of which: Credit cards
Include:
the gross value of credit card liabilities by Australian counterparties.
6.2.5.3 Total commercial lending of which: Term loans – Fixed rate
Include:
the gross value of term loans that have a fixed interest rate. Exclude loans to householders for the purpose of housing.
6.2.5.4 Total commercial lending of which: Term loans – variable rate
Include:
the gross value of term loans that have a variable interest rate. Exclude loans to householders for the purpose of housing.
6.2.5.5 Total commercial lending of which: Leasing
Include:
the gross value of lease financing to counterparties.
This reporting item should be reported net of unearned revenue and gross of specific provision for doubtful debts.
6.2.5.6 Total commercial lending of which: Other loans
Include:
the gross value of loans to counterparties other than revolving credit loans; credit cards; housing loans; term loans; and leasing finance.
6.3 Total gross loans and advances – Balance outstanding (1)
Sum the gross value of loans and advances (to households and Commercial Lending).
6.3 Total gross loans and advances – Specific provision (2)
Record the specific provisions applying to the total loan portfolio. Where an ADI adopts a standardised approach under APS 220, the value of the prescribed provision should also be included here.
6.3 Total gross loans and advances – General Reserve for Credit Losses (3)
Record the General Reserve for Credit Losses applying to the total loan portfolio.
6.3.1 Total gross loans and advances of which: Margin lending
Lending for the purpose of purchasing equities, where the underlying security is equities.
6.3.2 Total gross loans and advances of which: Loans held at fair value
Record loans held at fair value in accordance with AASB 9.
6.4 Less: Deferred fee income
Deferred fee income should be reported in this line item and deducted from Total gross loans and advances.
6.5 Loans and advances (net of specific provision, General Reserve for Credit Losses and deferred fee income)
Subtract ‘General Reserve for Credit Losses’, ‘Specific provisions’ and ‘Deferred Fee Income’ from ‘Total gross loans and advances’.
7. Other Investments
7.1 Parent entity
Report the total amount of equity investments in the parent entity defined in accordance with AASB 127 and AASB 3.
7.2 Controlled entities
Report the total amount of equity investments in controlled entities defined in accordance with AASB 127 and AASB 3.
7.3 Associates
Report the total amount of equity investments in associates. Defined in accordance with AASB 128.
7.4 Equity investments in former Special Service Providers (SSPs)
Report the total value of shareholdings in former SSPs and is to be completed by ADIs that have affiliations with SSPs.
7.5 Joint ventures
Report the total amount of interests in joint ventures (entities).
7.6 Other
Report any other investments not included above.
7.7 Total other investments
Sum all reporting line items for ‘Other investments’.
8. Fixed assets
The reporting of all fixed asset items should be in accordance with applicable Australian accounting standards. Do not include property acquired or held 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’.
8.1 Property
Include:
property (owner-occupied and investment) consistent with the classification and measurement basis used in AASB 116 Property, Plant and Equipment (AASB 116) and AASB 140 Investment Property (AASB 140).
8.2 Plant and equipment
Include:
furniture, equipment (excluding information technology), re-modelling costs to existing premises, and interest capitalised during the period of construction of buildings in accordance with AASB 116.
8.3 Accumulated depreciation/impairment - Property, plant and equipment
Report total depreciation and impairment for all property, plant and equipment items.
8.4 Property, plant and equipment net of accumulated depreciation /impairment
Deduct ‘Accumulated depreciation/impairment’ from the gross values for ‘Property’ and ‘Plant and equipment’.
8.5 Information technology
Separately identify computer equipment and software. However when computer equipment and software is treated as an intangible for accounting purposes (for example, in audited financial statements) it must be reported as part of intangible assets for prudential purposes and in this form.
8.6 Accumulated depreciation/impairment - Information technology
Report total depreciation and impairment for all Information technology items here.
8.7 Total information technology net of accumulated depreciation/impairment
Deduct ‘Accumulated depreciation / impairment – Information technology’ from the gross values for ‘Information technology’.
8.8 Other
Report other fixed asset items not specifically mentioned above; e.g. leasehold improvements and capital leases.
8.9 Accumulated depreciation/impairment - Other
Report total depreciation and impairment for all ‘Other’ items.
8.10 Accumulated depreciation/amortisation
Report total depreciation and amortisation for all ‘Fixed assets’ items.
8.11 Net fixed assets
Deduct ‘Accumulated depreciation/amortisation’ from the gross values for ‘Property, plant and equipment’, ‘Information technology’ and ‘Other’.
9. Intangible assets
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.
9.1 Intangible assets with a finite life
Include:
total intangible assets with a finite life.
9.2 Accumulated amortisation
Include:
the total amount of amortisation of intangible assets, over the period from the date of acquisition to the end of the reporting period.
9.3 Net Intangible assets with a finite life
Subtract the ‘Accumulated amortisation’ from the ‘Intangible assets with a finite life’.
9.4 Intangible assets with an infinite life
Include:
total intangible assets with an infinite life.
9.5 Impairment
Include:
the total amount of impairment of intangible assets over the period from the date of acquisition to the end of the reporting period.
9.6 Net intangible assets with an infinite life
Subtract the ‘Impairment’ from the ‘Intangible assets with an infinite life’.
9.7 Goodwill
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.
9.8 Impairment
Include:
the total amount of impairment over the period from the date of acquisition to the end of the reporting period.
9.9 Net goodwill
Include:
the net amount of goodwill after impairment.
9.10 Net intangible assets
Deduct ‘Accumulated amortisation’ and ‘Impairment’ from the gross values for ‘Intangible assets with a finite life’, ‘Intangible asset with an infinite life’ and ‘Goodwill’.
10. Other assets
10.1 Interest receivable
Include:
interest accrued for but not yet received.
10.2 Capitalised debt raising/funding costs
Report costs associated with debt raisings and other similar transaction related costs.
10.3 Capitalised costs associated with establishing/setting up securitisation vehicles/programs
Report the balance of securitisation establishment costs that are capitalised and deferred.
10.4 Capitalised loan and lease origination fees and commissions paid to mortgage originators and brokers
Report origination fees and commissions deferred.
10.5 Other capitalised expenses of a general nature
Report any other capitalised expenses not reported above.
10.6 Derivative financial instruments
Include:
all derivatives consistent with the classification and measurement basis used for derivatives by institutions in accordance with AASB 132, AASB 7 and AASB 9. This applies to trading and banking book derivatives. Derivative financial instruments in existence prior to adoption of IFRS are to be reported in accordance with AASB 1 First-time Adoption of Australian Accounting Standards (AASB 1).
10.7 DTA
Recognition of DTA are to be made in accordance with AASB 112 Income Taxes (AASB 112).
The amounts calculated and recognised for DTA asset must be noted separately in the following categories:
10.7.1 From tax losses
Report all DTA arising out of tax losses in accordance with AASB 112.
10.7.2 From specific provision and General Reserve for Credit Losses
Report all DTA associated with specific provision and General Reserve for Credit Losses.
10.7.3 Other
Report all deferred tax assets other than from tax losses, specific provision and General Reserve for Credit Losses.
10.8 Loan/credit card servicing rights
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.
10.9 Defined benefit assets
Include:
defined benefit assets i.e. surplus, consistent with the classification and measurement basis used in AASB 119 Employee Benefits (AASB 119).
10.10 Non-current assets and disposal groups classified as held for sale
Include:
non-current assets and disposal groups classified as held for sale consistent with classification and measurement basis used in AASB 5 Non-current Assets Held for Sale and Discontinued Operations (AASB 5).
10.11 Items in suspense
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 institutions internal procedures be adopted regarding the recording and reporting of these types of balances.
10.12 Other
Include all other assets not separately identified above.
Include:
commodities other than gold bullion;
valuables;
artwork;
other receivables (commissions and fees); and
prepayments.
Exclude:
deposits, loans and other claims on related parties of the reporting entity, including claims on the parent entity, controlled entities, associated entities, joint venture entities and other branches under the same parent entity. These claims should be reported to the relevant item above.
10.13 Total other assets
Sum all the reporting items listed under ‘Other assets’.
11. Total assets
Sum all assets.
11.1.1 Total assets of which deposits, debt securities and loans to controlled entities and associates – Subordinated
Report the total amount of investments of a subordinated nature in controlled entities or associates of the reporting entity. Investments in the form of deposits, loans, advances, bonds, notes and debentures should be included where appropriate.
A subordinated debt is a loan or debt security that ranks below other debts should a company be wound up. This includes all debt securities both short and long-term.
11.1.2 Total assets of which deposits, debt securities and loans to controlled entities and associates – Secured
Report the total amount of investments of a secured nature in controlled entities or associates of the reporting entity. Investments in the form of deposits, loans, advances, bonds, notes and debentures should be included where appropriate.
A secured debt is a loan or debt security that ranks above other debts should a company be wound up. This includes all debt securities both short and long-term.
11.1.3 Total assets of which deposits, debt securities and loans to controlled entities and associates – Other
Report the total amount of investments other than subordinated or secured in nature, in controlled entities or associates of the reporting entity. Investments in the form of deposits, loans, advances, bonds, notes and debentures should be included where appropriate.
11.2.1 Total assets of which deposits, debt securities and loans to the parent entity – Subordinated
Report the total amount of investments of a subordinated nature in the parent entity of the reporting entity. Investments in the form of deposits, loans, advances, bonds, notes and debentures should be included where appropriate.
A subordinated debt is a loan/debt security that ranks below other debts should a company be wound up. This includes all debt securities both short and long-term.
11.2.2 Total assets of which deposits, debt securities and loans to the parent entity – Secured
Report the total amount of investments of a secured nature in the parent entity of the reporting entity. Investments in the form of deposits, loans, advances, bonds, notes and debentures should be included where appropriate.
A secured debt is a loan/debt security that ranks above other debts should a company be wound up. This includes all debt securities both short and long-term.
11.2.3 Total assets of which deposits, debt securities and loans to the parent entity – Other
Report the total amount of investments other than subordinated or secured in nature, in the parent entity of the reporting entity. Investments in the form of deposits, loans, advances, bonds, notes and debentures should be included where appropriate.
12. Memo items
12.1 Outstanding principal balance of securitised assets
Report and provide a break-up of the outstanding principle balance of all loans and other assets that have been sold to or originated into a SPV by or on behalf of the ADI or by a third party to a SPV sponsored by the ADI (e.g. warehouse trust). Do not include in these amounts any assets reported in ‘Total assets’ above.
Include loans to:
households;
CSOs/non-profit institutions serving households;
non-financial corporations;
life insurance corporations;
pension funds;
other insurance corporations; and
other financial institutions (as defined in ‘Other Definitions’ above).
Exclude loans to:
general government;
RBA;
ADIs;
RFCs; and
central borrowing authorities.
Also exclude any securitised intra-group loans.
12.2 Credit card chargebacks paid to card issuers during the reporting period