PET - Plain English Taxonomy

Attribute:	E16276
Concept:	Assets Derivative Financial Instruments SNA 2008 Amount
Label:	Derivatives in an asset position
Concept Guidance:	The value of derivative instruments in an asset position, that meet the international economic statistical reporting requirements as prescribed by the 2008 System of National Accounts (SNA 2008) and Balance of Payments Manual 6 (BPM6). SNA 2008 derivative contracts in an asset position are those: with a positive mark to market value at the end of the quarter; or that matured during the quarter with a positive mark to market value (a net receipt on settlement).This is a divergence in reporting requirements from Australian Accounting Standards Board (AASB). Assets and liabilities of derivatives are reported separately on a gross basis, no netting or offsetting. Exclude employee stock options. Exclude buy-sellback and sell-buyback transactions.Refer to Reporting Practice Guide RPG 701.0 ABS/RBA Reporting Concepts for the EFS Collection.

Dimensions

Dimension	Member	Description
BalanceTypeDimension	(GrossPositiveMarketValue)	This dimension identifies the measurement approach used to calculate this amount. The information reported is in relation to the aggregate amount of all exposures with a positive market value.
ClearingHousesCentralCounterpartiesCounterpartyDimension	(RecognisedClearingHousesCentralCounterparties)	This dimension categorises the reported data according to relationships with recognised clearing houses and central counterparties. Clearing houses and central counterparties (CCPs) are financial auxiliaries according to ANZSIC 2006. Recognised CCPs are clearing houses that interpose themselves between counterparties to contracts traded in one or more financial markets, becoming the buyer to every seller and the seller to every buyer. A CCP becomes counterparty to trades with market participants through novation, an open offer system, or another legally binding arrangement.
CounterpartyCountryDimension	(E16266)	This dimension categorises the reported information by the country of residence/location of the counterparty from whom the reporting party directly derives its return on investment in the financial asset and on whom the reporting party has the primary claim when liquidating the asset. Residence/location is determined by where the entity is permanently located, physically and/or by way of law or registration, inside or outside a country's borders. Foreign branches or subsidiaries are classified as residents of the country in which they operate.
DerivativeMarginingTypeDimension	(Margined)	Information categorised according to whether a derivative is margined or not. Derivatives where the variation margins are being used as settlement. Derivatives that are margined can still have a balance sheet position (footprint), such as when the margining only takes place when a specific threshold is reached.
DerivativeTypeDimension	(E16267)	This dimension identifies what the derivative entitles you to do or obliges you to provide.
PeriodTypeDimension	(EndPeriod)	Further qualifies the nature of the period when the periodicity is not enough This represents the end of the reporting period.