3122 NEW ZEALAND GAZETTE No. 126

(2) Calculation of Off-Balance Sheet Exposures

Specify whether the current exposure or original exposure method was used to calculate the credit equivalent amount on these contracts.

Third Schedule

Capital Adequacy of the Overseas Bank and Overseas Banking Group

1. The information required to be disclosed pursuant to clause 2 of this Schedule shall include comparative figures for the previous corresponding period, where that information is publicly available.

2. The General Short Form Disclosure Statement shall contain the most recent publicly available information specified in respect of the capital adequacy ratios of the Overseas Bank and the Overseas Banking Group:

   (a) Tier One Capital expressed as a percentage of risk weighted exposures;
   (b) Capital expressed as a percentage of risk weighted exposures; and
   (c) the date to which the measures of Tier One Capital and Capital relate.

Fourth Schedule

Asset Quality

1. The information required to be disclosed pursuant to clause 2(a) of this Schedule shall include comparative figures for the previous corresponding period.

2. The General Short Form Disclosure Statement shall contain, in respect of the Banking Group as at the Off Quarter 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 loss 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) information on movements in the balances of total Specific Provisions or provisions for diminution in asset value over the First Quarter Accounting Period or Third Quarter Accounting Period, for each of the Classes of assets set out in subparagraphs (i) to (v) of clause 2(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

   (c) information on movements in the balance of the General Provision over the First Quarter Accounting Period or Third Quarter Accounting Period, separately disclosing, where Material:

    (i) opening balance;
    (ii) charge (credit) to the 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.

Fifth Schedule

Concentration of Credit Exposures to Individual Counterparties

1. For the purposes of this Schedule, Credit Exposure information shall be disclosed either on the basis of:

   (a) actual Credit Exposures; or
   (b) internal limits, provided that those limits were not Materially exceeded during the First Quarter Accounting Period or the Third Quarter Accounting Period.

The General Short Form Disclosure Statement shall state the method used.

2. For the purposes of this Schedule:

   (a) the information disclosed shall include comparative figures for the previous corresponding period;
   (b) Credit Exposure information shall:

    (i) relate only to exposures held in the financial records of the Banking Group;
    (ii) be calculated net of Specific Provisions; and
    (iii) exclude Credit Exposures to any OECD Government.

3. For the purposes of this Schedule, the Overseas Banking Group’s Equity shall be either that group’s Equity determined as at the Off Quarter Balance Date, or the most recently publicly disclosed amount. Where the Overseas Banking Group’s Equity is not determined as at the Off Quarter Balance Date, the General Short Form Disclosure Statement shall state the date to which the measure of Equity relates.

4. The General Short Form Disclosure Statement shall disclose:

   (a) the number of individual Bank Counterparties (not being members of a Group of Closely Related Counterparties) and Groups of Closely Related Counterparties of which a Bank is the parent; and
   (b) the number of individual non Bank Counterparties (not being members of a Group of Closely Related Counterparties) and Groups of Closely Related Counterparties of which a Bank is not the parent;

   to whom the Banking Group has an aggregate Credit Exposure which equals or exceeds 10% of the Overseas Banking Group’s Equity;