Assets and Liabilities of Australian-Located Operations

\n\nIn March 2003, banks and selected Registered Financial Corporations (RFCs)\nbegan reporting their international assets, liabilities and country exposures\nto APR in _ARF/RRF 231 International Exposures_. This return is the basis of\nthe data provided by Australia to the Bank for International Settlements (BIS)\nfor its International Banking Statistics (IBS) data collection. APR ceased\nthe RFC data collection after September 2010.\n\nThe IBS data are based on the methodology described in the [BIS Guide on\nInternational Financial Statistics\n[PDF]](http://www.bis.org/statistics/intfinstatsguide.pdf) (see Part II\nInternational banking statistics). Data reported for Australia, and other\ncountries, on the BIS website are expressed in United States dollars.\n\nData are recorded on an end-quarter basis.\n\nAll banks operating in Australia complete ARF 231. Between March 2003 and\nSeptember 2010, only those larger RFCs with sizeable overseas assets and/or\nliabilities completed RRF 231. Bank and RFC positions are reported in\nAustralian dollars (AUD). Non-AUD denominated positions have been converted to\nAUD using an appropriate end-quarter exchange rate, so changes in reported\ndata between quarters are due not only to changes in positions but also\nvaluation gains or losses due to exchange rate changes.\n\nThere are two sets of IBS data: _locational_ data, which are used to gauge the\nrole of banks and financial centres in the intermediation of international\ncapital flows; and _consolidated_ data, which can be used to monitor the\ncountry risk exposure of national banking systems. Only locational data are\nreported in this statistical table.\n\nAll assets are reported at market value. While some liabilities are reported\nat market value, contractual or nominal values are used where market values\nare not appropriate.\n\nThe locational data reported in this statistical table are on international\nassets and liabilities, comprise loans and deposits, securities and other\nassets and liabilities _vis- -vis_ non-residents in all currencies and vis-A\n-vis residents in foreign currency. The main balance sheet items included as\nclaims (i.e. assets) are deposits and balances placed with banks, loans and\nadvances to banks and non-banks and holdings of securities. The main\nliabilities include deposits and loans received from banks and non-banks.\nReporting entitiesa own issues of securities in international markets are also\nincluded as liabilities. (See notes to statistical tables B12.1 and B12.2 for\nmore detail on the types of assets and liabilities included.)\n\naTotal banks and RFCsa is also reported in United States dollar (USD)\nequivalent amounts, using the end-quarter AUD/USD exchange rate from\nstatistical table F11.\n\n