PET - Plain English Taxonomy

Label: Assets Derivative Financial Instruments SNA 2008 Amount
TREF ID: DE15513
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & 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. 

Usage
Form Labels
Label:
Derivatives in an asset position