PET - Plain English Taxonomy

Name: ImpairmentTypeDimension
Label: Impairment Type
TREF ID: DM370
Type: Predefined
Description:
This dimension identifies the type of impairment
Usage:

Dimension Members
Name Label TREF ID Description
AccountingImpairmentDepreciation Accounting Impairment Depreciation DV4050
The value reported relates to the amount of impairment and depreciation, or amortisation, applied against an asset, or group of assets, as determined in accordance with accounting standards.
Collective Collective DV4048
The value reported relates to the amount of collective provisions for credit loss determined in accordance with accounting standards.
Depreciation Depreciation DV4045
The value reported relates to the amount of depreciation, or amortisation, accumulated against an asset, or group of assets, as determined in accordance with accounting standards.Depreciation, or amortisation, is the systematic allocation of the depreciable amount of an asset over its useful life.
General General DV4046
The value reported relates to a general reserve for credit losses in respect of the class of assets to which the asset belongs. This value is determined in accordance with prudential standards.
GeneralCollective General Collective DV4051
The value reported relates to a general reserve for credit losses in respect of the class of assets to which the asset belongs, but only to the extent to which that portion relates to collective provisions.The value of collective provisions is to be determined in accordance with accounting standards.The value of general reserves for credit losses is determined in accordance with prudential standards.
GeneralExcludingCollective General Excluding Collective DV4080
The value reported relates to a general reserve for credit losses in respect of the class of assets to which the asset belongs, but excludes that portion which relates to collective provisions. The value of collective provisions is to be determined in accordance with accounting standards.The value of general reserves for credit losses is determined in accordance with prudential standards.
Individual Individual DV4044
The value reported relates to a specific provision for impairment in respect of the asset in accordance with accounting standards.
PrudentialProvision Prudential Provision DV4049
The value reported relates to the total of specific provisions for impairment and general reserves for credit losses in respect of the asset. This item is to be determined in accordance with prudential standards.
PrudentialSpecific Prudential Specific DV4047
The value reported relates to a specific provision for impairment in respect of the asset in accordance with prudential standards. Specific provisions are provisions for identified loans that the institution does not expect to be repaid, this is different to general reserves for credit losses.
SpecificCollective Specific Collective DV4081
The value reported relates to that part of a provision assessed on a collective basis in accordance with accounting standards that has been classified as a specific provision in accordance with prudential standards. Specific provisions, in accordance with prudential standards, are provisions for identified loans that the institution does no expect to be repaid, this is different to general reserves for credit losses.