Document ID: chunk:federal_register_of_legislation:F2017L00725:body:0:p11
Version: federal_register_of_legislation:F2017L00725
Segment Type: other
Provision Reference: 
Character Range: 30280–33188

from pooled superannuation trusts (PSTs) to unit holders of those PSTs. Excludes: rollovers paid out on behalf of unit holders. Reference: SIS Act, s. 10.

Item 3  Item 3 is a derived item. Report net members' benefits flows in item 3 as total members' benefits flows into the RSE reported in item 1.12 minus total members' benefits flows out of the RSE reported in item 2.7.

Superannuation activities

Item 4 to item 12 inclusive collect the income and expenses arising from superannuation activities of the RSE related to investments, administration and operations. Report gains as positive amounts and losses as negative amounts. Report income gross of any related expenses i.e. do not net investment expenses against investment income. Report expenses gross of any related rebates i.e. do not net related rebates against investment expenses; report commissions or deductions on a gross basis.

Note that item 8.1, item 9.6.1, item 9.6.2, item 10.6.1 and item 10.6.2 are collected solely for the purposes of the ABS.

Item 4              Item 4.5 is a derived item. Report total investment income in item 4.5 as the sum of interest revenue reported in item 4.1, dividend revenue reported in item 4.2, rental income reported in item 4.3 and trust distributions reported in item 4.4. Report investment income related to derivative financial instruments in item 6.

                    Investment income reported in item 4.5 must equal the sum of the total of item 1 column 7 and the total of item 2 column 7 on Reporting Form SRF 531.0 Investment Flows (SRF 531.0) and must equal the sum of the total of item 5 column 5 and the total of item 6 column 5 on Reporting Form SRF 530.1 Investments and Investment Flows (SRF 530.1).

                    Item 4.7 is a derived item. Report investment income after impairment expense in item 4.7 as total investment income reported in item 4.5 minus impairment expense reported in item 4.6.

Investment income   Represents gross revenue in the form of income or distributions from investments. Includes: interest, dividends, rental income, trust distributions.

Interest revenue    Represents gross revenue in the form of interest.

Dividend revenue    Represents gross revenue in the form of dividends.

Rental income       Represents gross revenue in the form of rental income from property investments.

Trust distribution  Represents gross revenue in the form of a trust distribution.

Impairment expense  Represents the change in the cumulative provision for impairment charges, relating to total investment income. An impairment loss is the amount by which the carrying amount of an asset or a cash-generating unit exceeds its recoverable amount i.e. represents the portion of total investment income/distributions that the RSE no longer considers probable to collect.

Item 5                   Item 5.3 is a derived item. Report total gains/losses