New Zealand Gazette – 2008 – No. 40

Page 1128

✨ Financial Statements Regulations



1128

NEW ZEALAND GAZETTE, No. 40

27 FEBRUARY 2008

Short form financial statements

1

Currency must be New Zealand dollars
Any monetary amount that is required to be disclosed under clause 4 must be New Zealand dollars

2

Comparative information
The information that is required to be disclosed under clause 4 must include comparative figures for the previous corresponding period.

3

(1) Changes in accounting policies
A statement whether there have been any changes in accounting policies since the date on which the signing of the previous disclosure statement is completed.

(2) A summary of those changes.

4

(1) Financial information
The financial information that is required to be disclosed under this clause—

(a) must be in the format determined by the registered bank; and

(b) is for the banking group; and

(c) is for the first quarter accounting period or third quarter accounting period (as applicable), or is as at the off-quarter balance date, as the case may require.

(2) The following information, to the extent that it is additional to the information that NZ IAS 34 requires the banking group to disclose when publishing interim financial statements:

Income Statement

  1. Interest income

  2. Interest expense

  3. Net interest income

  4. Net trading gains/losses

  5. Other gains less losses on financial instruments at fair value

  6. Other operating income

  7. Other operating expenses

  8. Impaired asset expense

  9. Share of the profit or loss of associates and joint ventures accounted for using the equity method

  10. Profit/(loss) before tax

  11. Taxation expense/(credit)

  12. Profit/(loss) after tax

  13. Profit/(loss) attributable to minority interest

  14. Profit/(loss) attributable to equity holders of the parent

  15. A condensed statement of changes in equity or a statement of recognised income and expense



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 40


Gazette.govt.nz — PDF NZ Gazette 2008, No 40




✨ LLM interpretation of page content

💰 Schedule 3: Short form financial statements and asset quality (continued from previous page)

💰 Finance & Revenue
Financial Statements, Asset Quality, Accounting Policies, Credit Risk, Impairment Allowances