Document ID: chunk:federal_register_of_legislation:F2021L01106:body:0:p6
Version: federal_register_of_legislation:F2021L01106
Segment Type: other
Provision Reference: 
Character Range: 16350–19268

the contract is an entity included in the domestic books consolidation of the ADI or RFC.

Report only bill acceptances where the legal tender on the contract is an entity included in the domestic books consolidation of the ADI or RFC.

When reporting information on the stock of outstanding finance (e.g. loans and finance leases) only include finance that is held on-balance sheet, unless otherwise directed.

Reporting by purpose

Classify finance at the lowest level at which it is able to be identified; the purpose that the funds will be used for determines whether (and where) it is reported on this form. Where finance (identified at the lowest available level) is to be used for more than one purpose, classify that finance to its predominant purpose (based on the purpose for which the largest share of the funds will be used).

Credit outstanding

Report outstanding finance under the category in which it sits as at the reporting date. For example, if a loan was originally classified as having a fixed interest rate but now has a variable interest rate then report it as variable interest rate for the current reporting period.

Values

Unless otherwise specifically stated, information reported on this form must comply with Australian Accounting Standards.

Report monetary amounts on ARF 741.0 in Australian dollars or the Australian dollar equivalent of the foreign currency amount. Convert amounts denominated in foreign currency to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates.

Report values on ARF 741.0 as whole dollars.

Numbers

Report numbers on ARF 741.0 unscaled, as whole numbers for ADIs and RFCs.

Standard Business Reporting (SBR)

The accounting type (i.e. credit or debit) is stated for all monetary items and represents the natural accounting balance of the item collected.

Specific instructions

Terms highlighted in bold italics are 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. Borrower-accepted commitments for business loans – by product

Item 1 collects information on the number and value of new borrower-accepted commitments, cancellations of existing borrower-accepted commitments and total credit limits for loans to private and public sector businesses.

Borrower-accepted commitments include agreements to increase the credit limit of an existing loan contract (for example, as part of an internal refinance). For a borrower-accepted commitment, the credit limit is the maximum amount of funds that will be made available to the borrower without additional authorisation or approval. This includes outstanding balances (including capitalised interest or fees) and any other