Document ID: chunk:federal_register_of_legislation:F2021L01098:body:0:p6
Version: federal_register_of_legislation:F2021L01098
Segment Type: other
Provision Reference: 
Character Range: 14388–17251

as whole dollars.

Numbers

Report numbers on ARF 746.0A unscaled, as whole numbers for ADIs and RFCs.

Interest rates

ADIs and RFCs are required to report contractual interest rates. Report interest rates as an annualised percentage rate (on a 365 days per year basis) to two decimal places.

Refer to the interest rates definition for further guidance (ARS 701.0).

Cost of funds and margin

Cost of funds and margin items are to be reported as an annualised percentage rate to two decimal places.

Standard Business Reporting (SBR)

Report items on ARF 746.0A with accounting type of debit (assets). The accounting type (i.e. credit or debit) applies to all monetary items and represents the natural accounting type of the item collected.

Specific instructions

Terms highlighted in bold italics as defined in ARS 701.0.

All derived fields in the form are shaded in grey and are explained in words as a mathematical expression in these instructions.

Examples included under 'Include' and 'Exclude' must not be taken as an exhaustive list of items to be included or excluded.

     1. Personal finance outstanding – by type

Item 1 collects information on the stock of credit outstanding to households for personal purposes by product type.

Reporting basis: report item 1 as at the end of the reporting period.

Report finance to non-residents in item 1.2 only.

Exclude facilities with a nil credit outstanding balance.

Column 1  Report the number of facilities with credit outstanding.

Column 2  Report the value of credit outstanding.

Column 3  Report the weighted average interest rate on credit outstanding.

Column 4  Report the cost of funds.

Column 5  Report the margin.

          Column 5 is a derived column. Report column 5 as column 3 less column 4.

Item 1.1      Report total personal loans and finance leases to resident households.

              Item 1.1 is a derived item. Report the number and value (columns 1 and 2) in item 1.1 as the sum of item 1.1.1, item 1.1.2, item 1.1.3, item 1.1.4 and item 1.1.5.

              Report the interest rate, cost of funds and margin (columns 3, 4 and 5) in item 1.1 as the weighted average of item 1.1.1.1, item 1.1.2, item 1.1.3, item 1.1.4 and item 1.1.5.

              The value of  credit outstanding reported in item 1.1 (column 2) must also equal item 1.1.1.1.2 in column 1 on Reporting Form ARF 720.1A/B ABS/RBA Loans and Finance Leases (Standard)/(Reduced) (ARF 720.1A/B).

Item 1.1.1    Report credit cards.

              The value of  credit outstanding reported in item 1.1.1 (column 2) must equal item 1.1.1.1.2.1 (column 1) on ARF 720.1A/B.

Item 1.1.1.1  Of the amount reported in item 1.1.1, report balances incurring interest.

Item 1.1.2    Report finance leases.

              The value of  credit outstanding reported in item 1.1.2 (column 2) must