Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 60

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 60
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                     679          112             452          112          
Total other collateral held                           32,136          21,141       31,086          20,998
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a.   Securities received as collateral are not recognised in the Group and Parent Entity’s balance sheet.
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WESTPAC GROUP 2025 ANNUAL REPORT
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NOTES TO THE FINANCIAL STATEMENTS

Deposits and other funding arrangements
Note 12.Deposits and other borrowings
Accounting policy​

                                                                                             Deposits and other borrowings are initially recognised at fair value and subsequently either measured at amortised cost using the effective interest method or at fair value.                                                                                              
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Deposits and other borrowings are designated at fair value if they are managed on a fair value basis, reduce or eliminate an accounting mismatch or contain an embedded derivative.                                                                                                                                                                                     
Where they are measured at fair value, any changes in fair value (except those due to changes in credit risk) are recognised in the income statement. The change in the fair value that is attributable to changes in credit risk is recognised in OCI except where it would create an accounting mismatch, in which case it is also recognised in the income statement.
Refer to Note 22 for balances measured at fair value and amortised cost.                                                                                                                                                                                                                                                                                                
Interest expense incurred is recognised in net interest income using the effective interest method.Non-interest bearing relates to instruments which do not carry an entitlement to interest.                                                                                                                                                                           
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                   ​                      ​       ​       ​        ​      ​       ​       ​        ​   
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​                                         ​                Consolidated   ​               Parent Entity
$m                                        2025           2024             2025           2024          
Australia                                            ​                ​              ​                ​
Certificates of deposit                         33,940           33,215         33,940           33,215
Non-interest bearing, repayable at call        140,842          128,705        140,842          128,705
Other interest bearing - transactions          120,830          110,393        120,830          110,393
Other interest bearing - savings          ​    223,216   ​      197,415   ​    223,216   ​      197,415
Other interest bearing term                    157,675          157,282        157,675          157,282