Expected credit loss and FTSE: Difference between pages

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imported>Doug Williamson
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imported>Charles Cresswell
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''Financial reporting - impairment of financial assets - IFRS 9''
==FTSE 100==


(ECL).
1. A share index made up of the 100 largest companies on the UK stock market.


Expected credit loss is a calculation of the present value of the amount expected to be lost on a financial asset, for financial reporting purposes.
2. The 100 companies themselves.


It is calculated as:


ECL = PD x EAD x LGD x Discount Factor
==FTSE 250==


1. A share index made up of the next 250 largest companies on the UK stock market, after the top 100.


Where:
2. These 250 companies themselves.


ECL = expected credit loss
==FTSE 350==


PD = probability of default
1. A share index made up of the largest 350 companies on the UK stock market.


EAD = exposure at default
2. The 350 companies themselves.


LGD = loss given default
==External links==
 
[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices-constituents.html?index=UKX FTSE 100] ''www.londonstockexchange.com''
Discount Factor is based on the expected date of default
[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices-constituents.html?index=MCX FTSE 250] ''www.londonstockexchange.com''
 
[http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/indices/summary/summary-indices-constituents.html?index=NMX FTSE 350] ''www.londonstockexchange.com''
 
==See also==
== See also ==
*[[Default]]
* [[Tracker fund]]
*[[Discount Factor]]
*[[Exposure At Default]]
*[[Financial asset]]
*[[IFRS 9]]
*[[Impairment]]
*[[Loss Given Default]]
*[[Probability of Default]]

Revision as of 22:02, 28 June 2013

FTSE 100

1. A share index made up of the 100 largest companies on the UK stock market.

2. The 100 companies themselves.


FTSE 250

1. A share index made up of the next 250 largest companies on the UK stock market, after the top 100.

2. These 250 companies themselves.

FTSE 350

1. A share index made up of the largest 350 companies on the UK stock market.

2. The 350 companies themselves.

External links

FTSE 100 www.londonstockexchange.com FTSE 250 www.londonstockexchange.com FTSE 350 www.londonstockexchange.com

See also

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