✨ Banking Financial Disclosures
Schedule 4
Supplementary financial disclosures and asset quality
Contents
| Supplementary financial disclosures | Page |
|---|---|
| 1 Supplementary information on statement of financial position | 2307 |
| 2 Supplementary information on related party transactions | 2308 |
| 3 Supplementary information on income statement | 2308 |
| 4 Accounting policies | 2308 |
| Asset quality | Page |
|---|---|
| 5 Classes of assets to which clauses 6 to 10 apply | 2309 |
| 6 Aggregate amounts | 2309 |
| 7 Amount of interest revenue foregone | 2309 |
| 8 Movements in pre-allowance balances | 2310 |
| 9 Movements in balances of total individual credit impairment allowances or allowances for impairment loss created in respect of non-financial assets | 2310 |
| 10 Movements in balance of collective credit impairment allowance | 2310 |
| 11 Asset quality breakdown by major type of credit exposure | 2311 |
Supplementary financial disclosures
1
Supplementary information on statement of financial position
(1) The following information in respect of the registered bank and banking group:
(a) total interest earning and discount bearing assets:
(b) total interest and discount bearing liabilities:
(c) if assets presented in the statement of financial position have been used to secure any obligations, the nature and amount of those assets:
(d) the nature and amount of any assets not legally owned but presented in the statement of financial position.
(2) The information that is required to be disclosed under subclause (1) must include comparative figures for the previous corresponding period.
(3) If risk attaches to financial assets and financial liabilities set off in accordance with NZ IAS 32, the following information in respect of the registered bank and banking group —
(a) the gross amount of financial assets and financial liabilities set off; and
(b) the nature of the risk attaching to the assets and liabilities set off; and
(c) the revenues and expenses relating to the assets and liabilities set off.
(4) The disclosure required by subclause (3) is subject to a materiality criterion.
(5) For the purpose of subclause (3), risk attaches to any financial assets and liabilities set off if the financial instruments comprising the set-off have differing interest bases or currencies.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰
Banking Disclosure Requirements
(continued from previous page)
💰 Finance & RevenueDisclosure statements, Comparative figures, Material matters, Financial position, Related party transactions, Income statement, Accounting policies, Asset quality, Credit exposures, Risk management