Document ID: chunk:federal_register_of_legislation:F2017L00725:body:0:p6
Version: federal_register_of_legislation:F2017L00725
Segment Type: other
Provision Reference: 
Character Range: 15162–18362

Change in net assets available to pay members' benefits

Reporting Form SRF 330.0

Statement of Financial Performance

Instructions

These instructions assist completion of Reporting Form SRF 330.0 Statement of Financial Performance (SRF 330.0). SRF 330.0 collects information relating to the operations of a registrable superannuation entity (RSE), specifically investment, operations, insurance and membership activities. Information reported in SRF 330.0 is required primarily for prudential, publication and statistical purposes. Information reported in SRF 330.0 is also required for the purposes of the Australian Bureau of Statistics (ABS).

Reporting level

SRF 330.0 must be completed for each RSE, defined benefit RSE, pooled superannuation trust (PST) and eligible rollover fund (ERF).

Reporting basis and unit of measurement

Report all items on SRF 330.0 in accordance with the Australian Accounting Standards unless otherwise specified.

Items reported solely for the purposes of the ABS (identified by '[ABS]' in the relevant item) must be reported using the most accurate information possible. Where an RSE licensee is not readily able to report accurate information in respect of the ABS items, an RSE licensee may report a careful estimate where that estimate is the product of systems, processes and controls developed by the RSE licensee for this purpose.

Items on SRF 330.0 must be reported with respect to transactions that occurred during the reporting period. Report information with respect to transactions occurred during the reporting period on a year to date basis, rather than for the individual quarter alone.

Items on SRF 330.0 must to be reported as thousands of dollars.

Specific instructions

Terms highlighted in bold italics indicate that the definition is provided in these instructions.

Members' benefits flows

Item 1 to item 3 inclusive collect the members' benefits flows in and out of an RSE including contributions, rollovers, successor fund transfers, repatriations to employer sponsors and benefit payments.

Note that item 1.3.1 and item 1.3.2 are collected solely for the purposes of the ABS.

Report contributions gross of contributions tax and any other tax and do not deduct: entry fees; deferred entry fees; commissions; management fees or any other ongoing fees or charges.

Item 1                                       Do not complete item 1.1 to item 1.9 inclusive in respect of a PST.

                                             Report employer contributions in item 1.1. Report the portion of employer contributions that is super guarantee contributions in item 1.1.1 and the portion of employer contributions that is salary sacrifice contributions in item 1.1.2.

                                             Report member contributions in item 1.2. Report the portion of member contributions that are KiwiSaver scheme contributions in item 1.2.1.

                                             Item 1.2.5 is a derived item. Report other member contributions in item 1.2.5 as member contributions reported in item 1.2 minus the sum of personal contributions reported in item 1.2.2, government co-contributions reported