Short-Term Investments (SF.BS.STInvestments)
Short-Term Investments (SF.BS.STInvestments) refers to the investments in debt and equity securities with maturity of one year or less. Short-term nature is based on actual maturity of one year from the statement date rather than on the original maturity of a specific investment. When a company reports its assets without segregation between current and non-current, all investments are classified as Long-Term Investments – Other (SF.BS.LTInvestments_Other).
Short-Term Investments (SF.BS.STInvestments) includes:
- Short-term loans
- Certificates of deposits with maturity between 3 to 12 months
- Short-term paper with maturity between 3 to 12 months
- Trading account securities reported by investment companies and miscellaneous financial companies
- Short-term derivative assets not described clearly as hedging or speculative, assumed to be speculative derivatives if reported by investment, security trading and asset management companies
Short-Term Investments (SF.BS.STInvestments) does not include:
- Cash and Cash deposit in banks (classified as Cash (SF.BS.Cash))
- Investment in the securities of related companies such as affiliates, unconsolidated subsidiaries, joint ventures, or limited partnerships (classified as LT Investment – Affiliate Companies (SF.BS.LTInvestment_AffiliateCompanies))
- Investments other than affiliate company investments, classified as long-term investments or not delineated between current and non-current (classified as Long-Term Investments – Other (SF.BS.LTInvestments_Other))
- Short-term investment securities used for hedging purposes (classified as Other Current Assets (SF.BS.OtherCurrentAssets) in a differentiated balance sheet, and as Other Assets (SF.BS.OtherAssets) in a non-differentiated balance sheet)
- Short-term derivative assets not defined clearly as hedging or speculative, assumed to be hedging derivatives for Industrial and Utility companies (classified as Other Current Assets (SF.BS.OtherCurrentAssets) in the differentiated balance sheet, and as Other Assets (SF.BS.OtherAssets) in the non-differentiated balance sheet)
- Financial lease receivables (classified as Notes Receivable – Short Term (SF.BS.NotesReceivable_ST))
- Money market funds (classified as Cash & Cash Equivalents (SF.BS.Cash_Equivalents))
- Properties for sale reported by real estate development companies (classified as Inventories – Other (SF.BS.Inventories_Other))
- Restricted cash/investments as a part of current assets (classified as Restricted Cash – Current (SF.BS.RestrictedCash_Current))