Repayments Of Borrowings
From Open Risk Manual
Contents
Definition
Repayments Of Borrowings. Repayments of borrowings, classified as Financing Activities
Repayment may be either:
- A Prepayment an act of exercising an option to repay funds received earlier than the nominal required (scheduled) repayment date.
- A Scheduled Payment occurrence that is part of a Payment Schedule covering the term of the Loan, for example following a concrete Amortization Schedule
Usage
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Repayments of borrowings
- Common Initials:
- Element Type and Attributes: The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]
- Hierarchy Level: 2
- IFRS References:
