PET - Plain English Taxonomy

Label: Financial Risk Solvency Inadmissible Assets Equities Amount
TREF ID: DE5302
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
Report the inadmissible value of equity investment securities as per the solvency standard. Equity investment securities are, as defined by the Australian Accounting Standards, contracts that evidence a residual interest in the assets of an entity after deducting all its liabilities, acquired with the intent to derive a gain either through an income stream or disposal.The inadmissible assets are: a) holdings in an associated or subsidiary entity which is a Financial Services entity;b) assets with too little diversification, are too illiquid or have too great an exposure to one obligor of low credit standing; andc) amounts by which the recorded value of an asset exceeds its net realisable value. 

Usage
Form Labels
Label:
Equities/Unit Trust Exposures - Inadmissible Value (After Adjustment for Derivatives)