✨ Banking Financial Statements
NEW ZEALAND GAZETTE, No. 88
24 JUNE 2011
Schedule 3
Short form financial statements and asset quality
Contents
| Page | ||
|---|---|---|
| Short form financial statements | ||
| 1 | Currency must be New Zealand dollars | 2376 |
| 2 | Comparative information | 2376 |
| 3 | Changes in accounting policies | 2376 |
| 4 | Financial information | 2376 |
| Asset quality | |
| 5 | Classes of assets to which this Part applies | 2378 |
| 6 | Aggregate amounts | 2378 |
| 7 | Movements in balances of total individual credit impairment allowances or allowances for impairment loss created in respect of non-financial assets | 2379 |
| 8 | Movements in balance of collective credit impairment allowance | 2379 |
| 9 | Credit risk on loans and receivables at fair value | 2380 |
| 10 | Asset quality breakdown by major type of credit exposure | 2380 |
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 Changes in accounting policies
(1) 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 Financial information
(1) 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.
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NZ Gazette 2011, No 88
✨ LLM interpretation of page content
💰
Registered Bank Disclosure Statement (Off-Quarter—New Zealand Incorporated Registered Banks) Order 2011
(continued from previous page)
💰 Finance & Revenue20 June 2011
Banking regulations, Disclosure statement, Supplemental information, Financial statements, Guarantee contracts, Auditor’s report, Short form financial statements, Asset quality