Document ID: chunk:federal_register_of_legislation:F2019L00830:body:0:p9
Version: federal_register_of_legislation:F2019L00830
Segment Type: other
Provision Reference: 
Character Range: 23627–26643

based or conducted in a country or currency other than those of the reporting entity.
     * Exchange differences relating to foreign currency monetary items that form part of the net investment of an entity in a foreign operation, must be recognised as a separate component of equity.
     * Translation of financial reports should otherwise follow the requirements in AASB 121.

Netting
Unless otherwise specifically stated, institutions are allowed to take advantage of netting agreements in relation to disclosure of data items in this form. Institutions are to comply with the prerequisite for netting outlined in AASB 7 and AASB 132 and any relevant prudential standards.

Term to maturity
Any references to 'term to maturity' in this form refer to residual term to maturity.

Basis of preparation
The nature of the disclosure and format of this form may not be strictly consistent with the annual financial statements prepared by the institution. Notwithstanding this, in completing this form (unless otherwise specifically stated for individual items of assets, liabilities or equity), institutions are requested to follow the basis that is used for the preparation of its annual financial statements in accordance with the Australian Accounting Standards, specifically in regard to the:
     * interpretation/definition of specific asset, liability and equity items;
     * appropriate measurement basis for asset, liability and equity items; and
     * netting of financial assets and financial liabilities.
If additional clarification is required for specific asset, liability or equity items in this form, reference should be made to the section 'Specific instructions', which is provided as a guide.

Specific instructions

Section A: Assets
1. Cash and liquid assets
Generally include the following in this category:
     * Australian notes and coins;
     * foreign currency;
     * cash at branches;
     * cash at bankers;
     * deposits at call;
     * money at short call;
     * exchange settlement accounts;
     * securities purchased under agreement to resell;
     * margin deposit accounts; and
     * gold bullion.
Exclude the following from this reporting category:
     * bills of exchange (reported as either Securities held for trading or Securities not held for trading); and
     * bills receivable and remittances in transit.
This reporting item should be brought to account at the face value or the gross value of the outstanding balance where appropriate. Interest is taken to profit and loss when earned.
1.1 Notes and coins
Include Australian and foreign currency notes and coins of the reporting entity. Notes and coins in transit between any branches or offices of the reporting entity should be reported.
1.2 Deposits at call
1.2.1 ADIs
Include:
     * all deposits with Australian resident ADIs that are available on demand.  Report 11am accounts and 24-hour money.
Exclude:
     * exchange settlement accounts.
1.2.2 Registered Financial Corporations (RFCs)
Include:
     *