3106

NEW ZEALAND GAZETTE

No. 126

(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 sale and repurchase agreements, reverse sale and repurchase agreements or their option derivatives;

(c) whether securities are accounted for on a trade or settlement date basis;

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

(e) accounting for leases;

(f) accounting for foreign exchange contracts, interest rate contracts, and derivative instruments such as options, futures, and swaps;

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

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

Asset Quality

5. The information required to be disclosed pursuant to clauses 6(a) and 6(b) of this Schedule shall include comparative figures for the previous corresponding period.

6. The General Disclosure Statement shall contain, in respect of the Registered Bank and Banking Group as at the Balance Date, the following information:

(a) in respect of each of the following Classes of assets:

(i) Non-Accrual Assets;

(ii) Restructured Assets;

(iii) Real Estate Assets Acquired Through the Enforcement of Security;

(iv) Other Assets Acquired Through the Enforcement of Security; and

(v) Past Due Assets;

the following information:

(vi) the aggregate amount which has been recognised; and

(vii) the aggregate amount which has not been recognised;

before deducting provisions for expected losses or provisions for diminution in asset value, and

(viii) the aggregate amount of Specific Provisions or provisions for diminution in asset value;

(ix) the aggregate amount of General Provisions (if any);

(b) the amount of interest revenue foregone over the Accounting Period or Interim Accounting Period in respect of holdings of Non-Accrual Assets and, where Material, holdings of Restructured Assets and Past Due Assets;

(c) the basis on which the amounts disclosed pursuant to clause 6(b) of this Schedule have been calculated;

(d) information on movements in pre-provision balances over the Accounting Period or Interim Accounting Period for each of the Classes of assets set out in subparagraphs (i) to (v) of clause 6 (a) of this Schedule, separately disclosing, where Material:

(i) pre-provision opening balance;

(ii) additions;

(iii) amounts written-off;

(iv) deletions;

(v) pre-provision closing balance;

(e) information on movements in the balances of total Specific Provisions or provisions for diminution in asset value over the Accounting Period or Interim Accounting Period, for each of the Classes of assets set out in subparagraphs (i) to (v) of clause 6 (a) of this Schedule, separately disclosing, where Material:

(i) opening balance;

(ii) charge (credit) to the statement of financial performance for increase/decrease in Specific Provisions or provisions for diminution in asset value;

(iii) amounts written off;

(iv) write-downs of Assets Acquired Through the Enforcement of Security;

(v) recoveries of provisions and write-offs charged in previous periods;

(vi) other movements, and the nature thereof;

(vii) closing balance;

with movements reconciled to the charges allocated to the statement of financial performance; and

(f) information on movements in the balance of the General Provision over the Accounting Period or Interim Accounting Period, separately disclosing, where Material:

(i) opening balance;

(ii) charge (credit) to statement of financial performance for increase/decrease in the General Provision;

(iii) other movements, and the nature thereof;

(iv) closing balance;

with movements reconciled to the charges allocated to the statement of financial performance.

Second Schedule

The Size and Nature of Business of the Registered Bank and Banking Group

The General Disclosure Statement shall contain the information specified below, in such format as the Registered Bank determines, derived in accordance with the Reserve Bank document entitled “Capital Adequacy Framework” (BS2) as amended from time to time, in respect of the Registered Bank and the Banking Group as at the Balance Date.

RISK WEIGHTED EXPOSURES

(1) Calculation of Balance Sheet Exposures