Document ID: chunk:federal_register_of_legislation:F2023L00635:body:0:p10
Version: federal_register_of_legislation:F2023L00635
Segment Type: other
Provision Reference: 
Character Range: 24662–27533

this item in accordance with AASB 17.87 and AASB 17 Appendix A.

         This item only needs to be reported in Column 3 and Column 4.

18.             Reinsurance finance income for reinsurance contracts held
Item 18  Report reinsurance finance income for reinsurance contracts held. This item can be a net income or net expense.

         Report this item in accordance with AASB 17.82 and AASB 17 Appendix A.

         Insurers shall disclose the Effect of changes in non-performance risk of reinsurers as reported in HRS 320.0 Part B RF1, item 14 at this line item.

         This item only needs to be reported in Column 3 and Column 4.

19.             Net insurance financial result through profit or loss
Item 19  Item 19 is a derived item and is calculated as the sum of item 17 and item 18. This item can be a net income or net expense.

20.             Asset management services revenue
Item 20  Report asset management services revenue. This includes revenue from investment management services accounted for in accordance with AASB 15.

         Report this item in accordance with AASB 15.113 (a) Disclosure and AASB 15.114 Disclosure.

         This item only needs to be reported in Column 3 and Column 4.

21.             Share of profit/loss of associates and joint ventures accounted for using the equity method
Item 21  Report the share of profit or loss of associates and joint ventures accounted for using the equity method.

         Report this item in accordance with AASB 101.82 (c) and AASB 128.3.

         This item only needs to be reported in Column 3 and Column 4.

22.             Profit/loss from non-current assets and disposal groups classified as held for sale and not qualifying as discontinued operations
Item 22  Report the profit or loss from non-current assets and disposal groups classified as held for sale and not qualifying as discontinued operations.

         This item only needs to be reported in Column 3 and Column 4.

23.             Impairment loss for goodwill
Item 23  Report impairment loss for goodwill.

         Report this item in accordance with AASB 138.8, AASB 3 Appendix A and AASB 3.B67 (d).

         This item only needs to be reported in Column 3 and Column 4.

24.             Other income
Item 24  Report other income that is not reported elsewhere in the Reporting Standard; including income from contracts outside the scope of AASB 17 (including AASB 15 Revenue from Contracts with Customers) under this item. Revenue from investment management services is to be reported at item 21.

         This item only needs to be reported in Column 3 and Column 4.

25.             Other finance costs
Item 25  Report other finance costs.

         Report this item in accordance with AASB 101.82 (b) and includes the interest expense on lease liabilities (based on AASB 16.49 and AASB