PET - Plain English Taxonomy

Label: Assets Other Financial Assets Derivative Contracts Other Non Investment Amount
TREF ID: DE8447
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, classified by the reporting party as assets other than investment or in relation to assets classified by the reporting party other than as investments, 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 Financial Instrument Exposed to - Other Assets