✨ Financial Disclosure Schedule
28 FEBRUARY 2011
NEW ZEALAND GAZETTE, No. 21
481
Schedule 7—Full year and half year
Asset quality
Contents
| Page | ||
|---|---|---|
| 1 | Scope of asset quality disclosure | 481 |
| 2 | Asset quality breakdown by major type of credit exposure | 481 |
| 3 | Past due assets | 482 |
| 4 | Movements in individually impaired assets | 482 |
| 5 | Movements in balances of total individual credit impairment allowances | 483 |
| 6 | Movements in balance of collective credit impairment allowance | 483 |
| 7 | Asset quality for financial assets designated at fair value | 483 |
| 8 | Other asset quality information | 484 |
1 Scope of asset quality disclosure
(1) For the full year disclosure statement, the information on asset quality required to be disclosed under clauses 3 to 8 must—
(a) relate to the registered bank and its banking group; and
(b) include comparative figures for the previous corresponding period.(2) For the half year disclosure statement, the information on asset quality required to be disclosed under clauses 3 to 8 must relate to the registered bank’s banking group.
2 Asset quality breakdown by major type of credit exposure
The information that is required to be disclosed under clauses 3 to 8 must be categorised according to the following types of credit exposure:
(a) if the registered bank has not been accredited by the Reserve Bank to use the internal models based approach to capital adequacy and is subject to a condition of registration requiring capital adequacy to be measured in accordance with Capital Adequacy Framework (Standardised Approach) (BS2A), the following:
(i) residential mortgage loans;
(ii) on balance sheet corporate exposures; and
(iii) on balance sheet exposures excluding those referred to by subparagraphs (i) and (ii) and excluding exposures to sovereigns and central banks, multilateral development banks and other international organisations, public sector entities, and banks; and
(iv) total credit exposures;Next Page →
NZ Gazette 2011, No 21
✨ LLM interpretation of page content
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Additional Financial Disclosures
(continued from previous page)
💰 Finance & Revenue28 February 2011
Financial Statements, Disclosure, Banking Group, Credit Risk, Liquidity Risk, Mortgage Reconciliation, Residential Property, Housing Loans, Retail Mortgages, Asset Quality, Credit Exposure