Document ID: chunk:federal_register_of_legislation:F2024C00047:front:0:p23
Version: federal_register_of_legislation:F2024C00047
Segment Type: other
Provision Reference: 
Character Range: 59007–61918

shall include relevant qualitative and quantitative information. Examples of changes in the gross carrying amount of financial instruments that contributed to the changes in the loss allowance may include:
(a) changes because of financial instruments originated or acquired during the reporting period;
(b) the modification of contractual cash flows on financial assets that do not result in a derecognition of those financial assets in accordance with AASB 9;
(c) changes because of financial instruments that were derecognised (including those that were written-off) during the reporting period; and
(d) changes arising from whether the loss allowance is measured at an amount equal to 12-month or lifetime expected credit losses.
35J To enable users of financial statements to understand the nature and effect of modifications of contractual cash flows on financial assets that have not resulted in derecognition and the effect of such modifications on the measurement of expected credit losses, an entity shall disclose:
(a) the amortised cost before the modification and the net modification gain or loss recognised for financial assets for which the contractual cash flows have been modified during the reporting period while they had a loss allowance measured at an amount equal to lifetime expected credit losses; and
(b) the gross carrying amount at the end of the reporting period of financial assets that have been modified since initial recognition at a time when the loss allowance was measured at an amount equal to lifetime expected credit losses and for which the loss allowance has changed during the reporting period to an amount equal to 12-month expected credit losses.
35K To enable users of financial statements to understand the effect of collateral and other credit enhancements on the amounts arising from expected credit losses, an entity shall disclose by class of financial instrument:
(a) the amount that best represents its maximum exposure to credit risk at the end of the reporting period without taking account of any collateral held or other credit enhancements (eg netting agreements that do not qualify for offset in accordance with AASB 132).
(b) a narrative description of collateral held as security and other credit enhancements, including:
(i) a description of the nature and quality of the collateral held;
(ii) an explanation of any significant changes in the quality of that collateral or credit enhancements as a result of deterioration or changes in the collateral policies of the entity during the reporting period; and
(iii) information about financial instruments for which an entity has not recognised a loss allowance because of the collateral.
(c) quantitative information about the collateral held as security and other credit enhancements (for example, quantification of the extent to which collateral and other credit enhancements mitigate credit risk) for