PET - Plain English Taxonomy

Attribute:	E11858
Concept:	Assets Derivative Financial Instruments Total Amount
Label:	Derivative Contracts
Concept Guidance:	This is the value, as at the relevant date, of derivative financial instruments held by the reporting entity. This item is to be determined in accordance with accounting standards.A derivative is a financial instrument that is derived from some other asset, index, value or other variable (known as the underlying). Derivatives allow risk about the price of the underlying asset to be transferred from one party to another.

Dimensions

Dimension	Member	Description
BalanceTypeDimension	(PrincipalAmountAbsolute)	This dimension identifies the measurement scenario under which the reported value was calculated. The value reported is the absolute principal (notional principal) amount. That is, the amount must be reported as a positive value even for short positions. The principal (notional) represents the outstanding face value, or gross amount, of an on (or off) balance sheet asset or liability.
ContractTypeDimension	(OtherContracts)	This dimension categorises the reported data according to the underlying contract associated with a type of financial risk. The information reported is in relation to all other derivative financial instruments not categorised elsewhere, consistent with the classification and measurement basis used for derivatives by institutions in accordance with accounting standards.
DerivativeTypeDimension	(OptionsCall)	This dimension identifies what the derivative entitles you to do or obliges you to provide. An option call is a financial instrument representing a transaction in which the buyer has a 'right' but not an 'obligation' to buy (call) a specified underlying item (real or financial) at agreed contract price (strike price) on or before a specified date if it is advantageous to them, hence asset. The writer of a call has given the buyer the right (but not obligation) to buy from them even if it causes them a loss. Hence the writer has the liability.
InvestmentChannelDimension	(NotRecognisedExchange)	The channel or medium through which investments are made These are investments that are not made through a recognised exchange for the products being transacted. These are typically referred to as "Unlisted" or "Over The Counter (OTC)" investments.
TransactionPositionDimension	(BoughtOrPurchased)	This dimension relates to which position of a financial transaction the reporting entity has entered into. This information relates to when the reporting entity has either bought or purchased a financial transaction.