Document ID: chunk:federal_register_of_legislation:F2024C00047:front:0:p28
Version: federal_register_of_legislation:F2024C00047
Segment Type: other
Provision Reference: 
Character Range: 72356–75276

that represent the entity's continuing involvement in the derecognised financial assets.
(c) the amount that best represents the entity's maximum exposure to loss from its continuing involvement in the derecognised financial assets, and information showing how the maximum exposure to loss is determined.
(d) the undiscounted cash outflows that would or may be required to repurchase derecognised financial assets (eg the strike price in an option agreement) or other amounts payable to the transferee in respect of the transferred assets. If the cash outflow is variable then the amount disclosed should be based on the conditions that exist at each reporting date.
(e) a maturity analysis of the undiscounted cash outflows that would or may be required to repurchase the derecognised financial assets or other amounts payable to the transferee in respect of the transferred assets, showing the remaining contractual maturities of the entity's continuing involvement.
(f) qualitative information that explains and supports the quantitative disclosures required in (a)–(e).
42F An entity may aggregate the information required by paragraph 42E in respect of a particular asset if the entity has more than one type of continuing involvement in that derecognised financial asset, and report it under one type of continuing involvement.
42G In addition, an entity shall disclose for each type of continuing involvement:
(a) the gain or loss recognised at the date of transfer of the assets.
(b) income and expenses recognised, both in the reporting period and cumulatively, from the entity's continuing involvement in the derecognised financial assets (eg fair value changes in derivative instruments).
(c) if the total amount of proceeds from transfer activity (that qualifies for derecognition) in a reporting period is not evenly distributed throughout the reporting period (eg if a substantial proportion of the total amount of transfer activity takes place in the closing days of a reporting period):
(i) when the greatest transfer activity took place within that reporting period (eg the last five days before the end of the reporting period),
(ii) the amount (eg related gains or losses) recognised from transfer activity in that part of the reporting period, and
(iii) the total amount of proceeds from transfer activity in that part of the reporting period.
 An entity shall provide this information for each period for which a statement of comprehensive income is presented.

Supplementary information
42H An entity shall disclose any additional information that it considers necessary to meet the disclosure objectives in paragraph 42B.

Initial application of AASB 9
42I In the reporting period that includes the date of initial application of AASB 9, the entity shall disclose the following information for each class of financial assets and financial liabilities as at the date of initial application:
(a) the