Reporting basis and unit of measurementReporting basis and unit of measurement

Reporting basis and unit of measurement

All items on SRF 552.0 are required for Australia's National Accounts, which is based on the international standard, the System of National Accounts 2008 (SNA 2008) including the definition of market price. For debt securities, the market price is the traded price quoted on the reference date. If the traded price does not take account of interest accrued up to the ex-coupon date but not yet payable, this interest accrued is to be included.

Items on SRF 552.0 must be reported as at the end of the reporting period or with respect to transactions that occurred during the reporting period as specified.

Amounts in SRF 552.0 are to be reported as whole dollars.

Items on SRF 552.0 are to be reported on a gross basis except where otherwise indicated.

Items on SRF 552.0 are to be reported on a non-look through basis, except in respect of exclusively held internal trusts or wholly-owned investment (non-trading) subsidiaries. A look through basis is where information about the underlying investments in an investment vehicle must be reported.

Items on SRF 552.0 are to be reported on an unconsolidated basis except where otherwise indicated. Only assets held in internal trusts or wholly-owned investment (non-trading) subsidiaries are to be consolidated into the appropriate asset class. In national accounting, consolidation refers to the elimination of transactions which occur between two transactors belonging to the same institutional sector or subsector. In a commercial accounting sense, this process is applied to entities where a parent/subsidiary relationship exists.

Where repurchase or resale agreements involve different types of security, i.e. various types of securities as collaterals, report the repurchase or resale agreements separately and do not net against each other, even when contracted with the same counterparty.