PET - Plain English Taxonomy

Attribute:	CS20523
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.
Form-Specifc Guidance:	Netting should not be applied when reporting amounts within the Statement of Derivative Activity unless specifically allowed by the relevant prudential (and/or) accounting standard

Dimensions

Dimension	Member	Description
BalanceTypeDimension	(PrincipalAmountAbsolute)	This dimension identifies the measurement approach used to calculate this amount. 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	(InterestRateContracts)	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 contracts that transfer the interest rate risk of an underlying asset from one party to another.
DerivativeTypeDimension	(Forwards)	This dimension identifies what the derivative entitles you to do or obliges you to provide. A forward is a financial instrument and is an agreement between two counterparties to exchange a predetermined amount of an underlying item (real or financial) at a specified future date and at a predetermined price.
InvestmentChannelDimension	(NotRecognisedExchange)	This dimension categorises the reported data according to 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.