Division 50 F1

‘ Provisions or (-) reversal of provisions. Commitments and guarantees given ’ shall include the net charges in the ‘ Statement of profit or loss ’ for provisions on all commitments and guarantees in the scope of IFRS 9, IAS 37 or IFRS 4 in accordance with paragraph 11 of this Part, or under national GAAP based on BAD. Under IFRS, any change in the fair value of commitments and financial guarantees measured at fair value shall be reported in ‘ Gains or (-) losses on financial assets and liabilities designated at fair value through profit or loss, net ’ . Provisions therefore include the impairment amount for commitments and guarantees for which impairment is determined in accordance with IFRS 9 or their provisioning follows IAS 37 or they are treated as insurance contracts under IFRS 4.