Division 77 F1

Purchased or originated financial assets that are credit-impaired at initial recognition as defined in IFRS 9 Appendix A shall be separately reported in templates 4.3.1 and 4.4.1. For those assets, the accumulated impairment shall only include the cumulative changes in lifetime expected credit losses since initial recognition (IFRS 9.5.5.13). The corresponding gross carrying amount and accumulated impairment for those assets shall be reported in ‘ Credit-impaired assets (Stage 3) ’ at initial recognition and as long as they are considered as credit-impaired assets in accordance with the definition of ‘ credit-impaired financial assets ’ of Appendix to IFRS 9 A. Where those assets are no long considered to be credit-impaired assets after initial recognition, they shall be reported in ‘ Assets with significant increase in credit risk since initial recognition but not credit-impaired (Stage 2) ’ .