PET - Plain English Taxonomy

Label: Assets Other Financial Assets Derivative Contracts Other Amount
TREF ID: DE8369
Data Type: xbrli:monetaryItemType
Period Type: instant
Balance Type: debit
Business Description & Guidance:
This is a balancing item in the list in which it is being used.This balancing item represents total derivative contracts less those contracts which are classed as any of the following:- Interest rate contracts;- Foreign exchange contracts;- Gold contracts; - Precious metals contracts; or- Equity contracts.Derivatives are generally defined as those instruments/contracts, where the value is based on other products, and/or on prices associated with financial products. Derivative contracts involve:- Future delivery, receipt or exchange of financial items such as cash or another derivative instrument; or- Future exchange of real assets for financial items where the contract may be tradeable and has a market value.The contracts can either be binding on both parties (e.g. as with a currency swap) or subject to the exercise by one party of a right contained within the contract (as with options).Report this item regardless of whether favourable or unfavourable to the reporting entity. 

Usage
Form Labels
Label:
Other Derivative Contracts