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SFG Australia (ASX:SFW) Credit Losses Provision : A$0.0 Mil (As of Dec. 2013)


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What is SFG Australia Credit Losses Provision?

SFG Australia's credit losses provision for the six months ended in Dec. 2013 was A$0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2013 was A$0.0 Mil.

SFG Australia Credit Losses Provision Historical Data

The historical data trend for SFG Australia's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SFG Australia Credit Losses Provision Chart

SFG Australia Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Credit Losses Provision
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SFG Australia Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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SFG Australia Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SFG Australia (ASX:SFW) Business Description

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Address
Website
http://www.sfgaustralia.com.au
SFG Australia Limited, formerly Snowball Group Limited provides wealth management services to high net worth and affluent clients, including strategic financial advice, portfolio administration solutions, portfolio construction and management services, insurance (both general and risk) solutions, finance broking, stockbroking, and corporate superannuation services. SFG operates three financial advice models: End to end adviser model; Affiliate adviser model; and B2B Services model.

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