✨ Banking Disclosure Requirements
960
NEW ZEALAND GAZETTE, No. 40
27 FEBRUARY 2008
(a) the amount of interest revenue foregone over the
accounting period or interim accounting period (as
applicable):
(b) the basis on which the amount of interest revenue
foregone has been calculated.
(3) The information that is required to be disclosed under subclause
(2)(a) must include comparative figures for the previous
corresponding period.
8 Movements in pre-allowance balances
(1) The information in subclause (2) in respect of the registered
bank and banking group for each of the classes of assets set out
in clause 5.
(2) Information on movements in pre-allowance balances over the
accounting period or interim accounting period (as applicable),
separately disclosing—
(a) pre-allowance opening balance; and
(b) additions; and
(c) amounts written-off; and
(d) deletions; and
(e) pre-allowance closing balance.
9 Movements in balances of total individual credit impairment allowances or allowances for impairment loss created in respect of non-financial assets
(1) The information in subclause (2) in respect of the registered
bank and banking group for each of the classes of assets set out
in clause 5.
(2) Information on movements in the balances of total individual
credit impairment allowances or allowances for impairment
loss created in respect of non-financial assets over the
accounting period or interim accounting period (as applicable),
separately disclosing—
(a) opening balance; and
(b) charge (credit) to the statement of financial performance
for increase or decrease in individual credit impairment
allowances or allowances for impairment loss created in
respect of non-financial assets; and
(c) amounts written off; and
(d) write-downs of assets acquired through the enforcement
of security; and
(e) recoveries of impairment allowances and write-offs
charged in previous periods; and
(f) other movements, and the nature of those other
movements; and
(g) closing balance.
(3) Movements must be reconciled to the charges allocated to the
statement of financial performance.
10 Movements in balance of collective credit impairment allowance
(1) The information in subclause (2) in respect of the registered
bank and banking group.
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 40
Gazette.govt.nz —
NZ Gazette 2008, No 40
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statement Order 2008
(continued from previous page)
💰 Finance & RevenueBanking, Disclosure Statements, Financial Information, Corporate Data, Credit Ratings, Profitability, Capital Adequacy, Asset Quality, Credit Exposure, Voting Securities, Guarantees, Audit Committees, Conflicts of Interest, Auditors, Registration Conditions, Legal Proceedings, Credit Rating, Related Party Transactions, Income Statement, Accounting Policies