4390 NEW ZEALAND GAZETTE No. 135

(g) other assets, including a description of the nature and characteristics of those assets.

(2) Where within any of the categories of recognised assets disclosed pursuant to clause 4 (1) of this Schedule, assets are held for more than one purpose, such as trading, liquidity, investment, hedging, or lending:

(a) a description of each purpose for which the recognised assets are held, and the amount of recognised assets held for that purpose; and

(b) the method used to value each amount disclosed pursuant to clause 4 (2) (a) of this Schedule.

(3) Whether there have been any reclassifications of securities from a historical cost basis for valuation to a mark to market basis for valuation or vice versa, and if so, the impact that those reclassifications have had on net profit before taxation, and the valuations of those securities, as recorded in the statement of financial position.

(4) Total interest earning and discount bearing assets.

5. Supplementary Information on the Statement of Financial Position Liabilities—(1) Recognised Financial Liabilities, in the broad order of their maturity, distinguishing among liabilities on demand, other short term liabilities and long term liabilities.

(2) Where within any of the categories of recognised liabilities disclosed pursuant to clause 5 (1) of this Schedule, liabilities are held for more than one purpose, such as trading, hedging, or financing:

(a) a description of each purpose for which the recognised liabilities are held, and the amount of recognised liabilities held for that purpose; and

(b) the method used to value each amount disclosed pursuant to clause 5 (2) (a) of this Schedule.

(3) Information on the nature and amount of each Class of Financial Liability, where these classifications are based on the priority of creditors’ claims over assets in a winding up.

(4) Liability on acceptances (if recognised).

(5) Total interest and discount bearing liabilities.

6. Supplementary Information on Unrecognised Assets and Liabilities—(1) The nature and, where quantifiable, the contract amount of each Class of unrecognised assets or liabilities.

(2) The nature, and where quantifiable, the amount of each Class of unrecognised assets and liabilities arising from contracts for which there is no face or contract amount.

(3) Where within any of the Classes of unrecognised items disclosed pursuant to clauses 6 (1) and 6 (2) of this Schedule, unrecognised assets and liabilities are held for more than one purpose, such as trading, liquidity, investment, hedging, or providing financing, risk management, or other services to customers:

(a) a description of each purpose for which the unrecognised assets or liabilities are held, and the amount of unrecognised assets or liabilities held for that purpose; and

(b) the method used to value each amount disclosed pursuant to clause 6 (3) (a) of this Schedule.

7. Accounting Policies—(1) Accounting policies followed for Financial Instruments with respect to the basis for recognising revenues and expenses (including gains and losses), including:

(a) interest revenue and expense, and policies on inter-period allocations of interest revenue and expense;

(b) fee revenue and expenses, distinguishing between yield related and non yield related items, and policies in relation to inter-period allocations;

(c) recognising gains or losses on Investment Securities and Other Securities.

(2) Accounting policies followed for recognising Financial Instruments in the financial reports or for treating Financial Instruments as unrecognised items, including:

(a) the classification and measurement of Investment Securities and Other Securities;

(b) accounting for Financial Instruments which are used for hedging purposes;

(c) accounting for leases, foreign exchange contracts and derivative instruments such as options, futures, and swaps;

(d) accounting for sale and repurchase agreements, reverse sale and repurchase agreements or their option derivatives;

(e) accounting for acceptances and endorsements of bills of exchange;

(f) accounting for loan transfers and the securitisation of Financial Assets.

(3) Accounting policies followed for Financial Instruments with respect to the basis of valuation.

(4) Accounting policies followed for Commodity Instruments, with respect to:

(a) the basis for recognising revenues and expenses (including gains and losses);

(b) the basis for recognising Commodity Instruments in the financial reports or for treating Commodity Instruments as unrecognised items;

(c) the basis of valuation.

(5) Policies for accounting for Impaired Assets, including criteria used to classify those assets, and policies for recognising and determining their carrying amounts in the statement of financial position.

(6) Accounting policies for determining Specific Provisions and General Provisions for both recognised and unrecognised assets, and the basis on which those provisions are recognised in the financial statements, including whether Specific Provisions are based on an identification on a Counterparty by Counterparty basis, estimation in relation to a Class of assets, or some other basis.

(7) Policies for accounting for the recognition of revenue or principal payments received, and policies for accounting for revenue due but not received, in respect of each Class of Impaired Assets.

(8) Accounting policies for the valuation of investments in Subsidiaries, in-substance subsidiaries and associates.

(9) Accounting policies for funds under management.

8. The General Disclosure Statement shall contain, in respect of the Registered Bank and the Banking Group, as at the Balance Date, the information required to be disclosed pursuant to clauses 11 and 12 of this Schedule.

9. The information required to be disclosed pursuant to clauses 11 and 12 of this Schedule shall include comparative figures for the previous corresponding period.

10. For the purposes of disclosing Credit Exposure information pursuant to clause 11 of this Schedule, where applicable Credit Exposures shall be calculated on the basis of credit equivalent amounts determined in accordance with the Reserve Bank document entitled “Capital Adequacy Framework” (BS2), as amended from time to time.

11. Concentrations of Credit Exposures—A statement of the amount of any significant concentration of Credit Exposures including: