PET - Plain English Taxonomy

Attribute:	R00911
Concept:	Financial Risk Credit Credit Exposures OREO Impairment Amount
Label:	Specific provisions - Other real estate owned
Concept Guidance:	This is the value of the provision for impairment in relation to all real estate acquired by the reporting party in full or partial settlement of a loan or similar facility through enforcement of security arrangements. This category excludes property controlled under 'mortgagee in possession' rights.

Dimensions

Dimension	Member	Description
AssetQualityDimension	(Impaired)	This dimension classifies assets according to the likelihood of their full economic benefits being realised. The data reported relates to assets that have been classified as impaired as defined in Prudential Standard APS 220 Credit Quality (APS 220).
ImpairmentTypeDimension	(PrudentialSpecific)	This dimension identifies the type of impairment The value reported relates to a specific provision for impairment in respect of the asset in accordance with prudential standards. Specific provisions are provisions for identified loans that the institution does not expect to be repaid, this is different to general reserves for credit losses.
JurisdictionDimension	(Australian)	This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates. Data reported is within the jurisdictional reach of Australia.