PET - Plain English Taxonomy

Attribute: CS23456
Concept:
Label: Derivative Asset
Concept Guidance:
This is the value, as at the relevant date, for all assets resulting from contracts that meet the criteria of being accounted for as derivative instruments in accordance with relevant accounting standards. (That is, derivative positions held that represent a net gain to the entity as at the relevant date). 
Dimensions
Dimension Member Description
(FairValue)
This dimension identifies the measurement scenario under which the reported value was calculated.
The value reported is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's length transaction.The fair value should be able to be determined through observation of similar transactions, quoted market prices, independent valuations or if there is no readily observable market, through the ability to liquidate the item or through assessing the net present value of future cash flows.
(Level2ObservableInputs)
This dimension categorises the reported information based on the method used in calculating the Fair Value Hierarchy, as determined in accordance with relevant accounting standards.
The calculation method in relation to Fair Value Hierarchy is Observable Inputs referred to as Level 2.
(Recurring)
This dimension refers to the number of times a balance will be shown consecutively at a reporting period, as per the relevant accounting standards.
The information in relation to the balance is required or permitted to be reported at the end of each reporting period.