Financial Position 5 Assets Derivative Financial Instruments Net SNA 2008 Amount The value of the net derivative instrument 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). This is a divergence in reporting requirements from Australian Accounting Standards Board (AASB). 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. Assets Derivative Financial Instruments Net SNA 2008 Revaluations Amount The holding gains and losses of the SNA 2008 derivative contracts arising from net changes in market prices, exchange rates, or other changes. Assets Derivative Financial Instruments Net SNA 2008 Transactions Amount The SNA 2008 derivative transactions in a gross positive mark to market value that have been netted off with transactions in a gross negative mark to market value. Assets Derivative Financial Instruments SNA 2008 Amount 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. Assets Derivative Financial Instruments SNA 2008 Adjustment Amount SNA 2008 derivatives adjustments are valuation changes made by a reporting entity that are not related to the market value of the underlying derivative contract (e.g. credit valuation adjustment). Adjustments are calculated and applied at either the counterparty or portfolio level. Assets Derivative Financial Instruments SNA 2008 Revaluations Amount The holding gains and losses arising from changes in market prices of the SNA 2008 derivative contracts in an asset position. 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 includes market value changes as well as accrued interest (e.g. swap coupons); and other changes that are not transactions (such as write offs resulting from court-ordered liquidation). Assets and liabilities of derivatives are reported separately on a gross basis, no netting or offsetting. Assets Derivative Financial Instruments SNA 2008 Transactions Amount The net settlements of the SNA 2008 derivatives in an asset position. 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). It includes the payment to initiate the contract less the payment to settle the contract within the period; and associated cash flows such as interest payments, premiums and variation margins (where they are regarded as clearing the derivative). Assets and liabilities of derivatives are reported separately on a gross basis, no netting or offsetting.