Document ID: chunk:federal_register_of_legislation:F2017L00724:body:0:p18
Version: federal_register_of_legislation:F2017L00724
Segment Type: other
Provision Reference: 
Character Range: 54955–59144

the value for which payment is due in one year or less in column 3, where applicable.

                                                                  Report securities sold under agreements to repurchase and stock lending in item 16.1.

                                                                  Report loans and placements in item 16.2.

                                                                  Report derivatives with a gross negative market value in item 16.3. Report the aggregate market value of all derivative contracts that have a negative market value at the reporting date. Do not offset against other derivative contracts that have a positive market value at the reporting date. Derivatives with a positive market value must be reported as derivatives with a gross positive market value.

                                                                  Report payables that are benefits payable in item 16.4.1 and that are accounts payable in item 16.4.2.

                                                                  Report other financial liabilities in item 16.5.

                                                                  Item 16.6 is a derived item. Report total non-resident liabilities in item 16.6 as the sum of:

                                                                      * securities sold under agreements to repurchase and stock lending reported in item 16.1;

                                                                      * loans and placements reported in item 16.2;

                                                                      * derivatives with a gross negative market value in item 16.3;

                                                                      * payables that are benefits payable reported in item 16.4.1;

                                                                      * payables that are accounts payable reported in item 16.4.2; and

                                                                      * other financial liabilities reported in item 16.5.

Non-resident liabilities                                          Represents the financial claims of non-residents on the RSE whether incurred overseas or in Australia and irrespective of the currency in which they are denominated.

Securities sold under agreements to repurchase and stock lending  Represents securities (debt) sold under repurchase agreements and stocks (shares) loaned at the end of the reference period.

Gross negative market value                                       Represents the aggregate amount of all exposures with a negative market value.

Benefits payable                                                  Represents the liability to members who remain unpaid instead of exiting or drawing a benefit payment.

Accounts payable                                                  Represents short-term liabilities owed to creditors or beneficiaries.

Other financial liabilities                                       Represents legal debts or obligations that arise during the course of business operations.

                                                                  Includes: Balancing item due to difference between securities and stocks loaned to non-residents and collateral received.

                                                                  Excludes: securities sold under agreements to repurchase and stock lending, loans and placements that are short-term by original term to maturity, loans and placements that are long-term by original term to maturity, derivatives with a gross negative market value, benefits payable and accounts payable.

Resident liabilities

Item 17 to item 22 inclusive collect information about resident liabilities (i.e. liability positions with resident counterparties).

Items 17 to 22        Report resident liabilities in column 1.

                      Report the portion of resident liabilities that is: denominated in a foreign currency in column 2 and the value for which payment is due in one year or less in column 3, where applicable.

                      Report securities sold under agreements to repurchase and stock