Document ID: chunk:federal_register_of_legislation:F2021L01116:body:0:p7
Version: federal_register_of_legislation:F2021L01116
Segment Type: other
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Character Range: 20531–23578

each interest rate by its corresponding balance outstanding.

Values

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

Report monetary amounts on ARF 742.0A 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 (AASB 121).

Report values on ARF 742.0A as whole dollars.

Numbers

Report numbers on ARF 742.0A unscaled, as whole numbers for ADIs and RFCs.

Averages

Report averages on ARF 742.0A unscaled, as numbers to two decimal places.

Interest rates

ADIs and RFCs are required to report contractual interest rates. Report interest rates as an annualised percentage rate to two decimal places.

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

Cost of funds and margin

Report cost of funds and margin items as an annualised percentage rate (on a 365 days per year basis) to two decimal places.

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. Business credit outstanding – by interest rate type

Item 1 collects information on the stock of total credit outstanding (loans, finance leases and bill acceptances) to private and public sector businesses.

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

SBR: submit item 1 with accounting type of debit (assets).

Exclude facilities with a nil credit outstanding balance.

For bill acceptances report the amount repayable by the borrower.

Report finance to related parties in items 1.2 and 1.4 only.

Report finance to non-residents in items 1.3 and 1.4 only.

Column 1  Report the number of business loan facilities, finance lease facilities and bill acceptances with credit outstanding.

Column 2  Report the value of credit outstanding, net of offset account balances.

Column 3  Report the value of credit outstanding.

Column 4  Report the weighted average interest rate on credit outstanding.

Column 5  Report the cost of funds for business credit outstanding.

Column 6  Report the margin for business credit outstanding.

          Column 6 is a derived column. Report the margin in column 6 as column 4 less column 5.

     Item 1.1                               Report total business finance to resident non-related parties.

                                            Item 1.1 is a derived item.

                                            Report the number and value (columns