Document ID: chunk:federal_register_of_legislation:F2021L01101:body:0:p6
Version: federal_register_of_legislation:F2021L01101
Segment Type: other
Provision Reference: 
Character Range: 16762–19908

on the purpose for which the largest share of the funds will be used).

Values

Unless otherwise specifically stated, report all items on ARF 730.0 in accordance with Australian Accounting Standards regarding the measurement of financial performance, including:

     * interpretation/definition of items of income and expense;

     * measurement basis of items of income and expense; and

     * netting of items of income and expense.

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 730.0 as whole dollars.

Taxation

Report values on ARF 730.0 exclusive of income tax and other direct taxes.

Report all income items exclusive of Goods and Services Tax (GST).

Report all expense items exclusive of GST where this is recoverable as an input tax credit.

Report the Major Bank Levy at item 8.1.9. Other operating expenses. This treatment is not in line with statutory accounting treatment.

Numbers

Report numbers on ARF 730.0 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.

Part A: Income

Part A collects information on income earned by the ADI or RFC from their operations, including detail on interest income earned and non-interest income earned.

SBR: submit items in Part A with accounting type of credit (revenue).

     1. Interest income

Item 1 collects information on the interest income earned by ADI or RFC by type of interest-earning asset.

Only include loans and finance leases held on balance sheet.

Report items 1.1.1, 1.1.2, 1.1.3, 1.1.4, 1.1.6 and 1.1.7 excluding any interest recognised on hedging of assets.  Report interest income on derivatives held on the banking book for hedging of assets in item 1.1.5.

Column 1  Report the value of interest income earned.

     Item 1.1                         Report for total interest-earning assets.

        Item 1.1.1                    Report for notes and coins.

        Item 1.1.2                    Report for deposits.

        Item 1.1.3                    Report for short-term debt securities held.

        Item 1.1.4                    Report for long-term debt securities held.

        Item 1.1.5                    Report for derivative financial instruments held on the banking book and used for the purpose of hedging.

        Item 1.1.6                    Report for loans and finance leases.

           Item 1.1.6.1               Report for loans and finance leases to resident households.

                                      Item 1.1.6.1 is a derived item.  Report the value for loans and