11 FEBRUARY 2005

NEW ZEALAND GAZETTE, No. 35

899

(iv) provision for any variation or suspension of dividend payments;
(v) any maturity date; and
(vi) any options granted or to be granted pursuant to any arrangement, the consideration given or to be given, the
expiry date for the exercise and the total number of shares subject to such option;
(c) the total of cumulative preferred dividends in arrears; and
(d) a brief description of any other Material terms and conditions of issue of the securities including provisions of
related contracts or arrangements.

(3) For every other class of capital instrument included in Capital:
(a) whether the class constitutes upper or lower tier two capital;
(b) the priority or ranking in point of security, payment or claims of the class; and
(c) all other Material terms and conditions of issue of the class, including any related contracts or arrangements.

(4) The nature and amount of each reserve.

4. The General Disclosure Statement shall contain the information specified below, in such format as the Registered
   Bank determines, derived in accordance with the Conditions of Registration relating to capital adequacy and 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

Amount

Risk
Weight

Cash and short term claims on Government
Long term claims on Government
Claims on banks
Claims on public sector entities
Residential mortgages
Other
Total assets

0%
10%
20%
20%
50%
100%

(2) Calculation of Off-Balance Sheet Exposures

Amount
Direct credit substitutes
Asset sales with recourse
Commitments with certain drawdown
Underwriting and sub-underwriting facilities
Transaction related contingent items
Short term, self liquidating trade related contingencies
Other commitments to provide financial services
which have an original maturity of 1 year or
more
Other commitments with an original maturity of
less than 1 year or which can be unconditionally
cancelled at any time
Market related contracts1
(a) Foreign exchange contracts
(b) Interest rate contracts
(c) Other
Total off-balance sheet exposures

Risk Weighted Exposures

Risk
Weighted
Exposure

Credit
Conversion
Factor
100%
100%
100%
50%
50%
20%
50%

Credit
Equivalent
Amount

Average
Counterparty
Risk Weight

Risk
Weighted
Exposure

0%
N/A

1
Specify whether the current exposure or original exposure method was used to calculate the credit equivalent amount on these contracts.

5. The General Disclosure Statement shall contain the information specified below, derived in accordance with the
   Conditions of Registration relating to capital adequacy and the Reserve Bank document entitled Capital Adequacy Framework
   (BS2) as amended from time to time, in respect of the capital adequacy ratios of the Registered Bank and the Banking Group,
   as at the Balance Date:
   (a) Tier One Capital expressed as a percentage of risk weighted exposures; and
   (b) Capital expressed as a percentage of risk weighted exposures.

Where the Registered Bank is a Subsidiary of an Ultimate Parent Bank:
(a) the General Disclosure Statement shall contain the most recent publicly available information specified below in
respect of the Ultimate Parent Bank and the Ultimate Parent Bank group:
(i) Tier One Capital expressed as a percentage of risk weighted exposures;
(ii) Capital expressed as a percentage of risk weighted exposures; and