PET - Plain English Taxonomy

Attribute:	CS20528
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	(FairValueAbsolute)	This dimension identifies the measurement approach used to calculate this amount. The value reported is the aggregate absolute amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's length transaction. The fair value should be able to be determined through observation of similar transactions, quoted market prices, independent valuations or if there is no readily observable market, through the ability to liquidate the item or through assessing the net present value of future cash flows.
ContractTypeDimension	(EquityContracts)	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 any contract that at least partly transfers the equity risk of an underlying equity security or securities 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.