Document ID: chunk:federal_register_of_legislation:F2023L00717:body:0:p18
Version: federal_register_of_legislation:F2023L00717
Segment Type: other
Provision Reference: 
Character Range: 69335–75379

L4.3 and L4.4);                                                                                                                                                                                     * experience adjustments (reported in A6.2); and
               * profits that are added to Life Act SRPP and Life Act SRP (overseas par) in respect of interim and terminal bonuses (reported in L5.2);                                                                                                                                                                            * changes in estimates that do not adjust CSM and adjustments to LIC (reported in A7.3).
               * non-investment experience profit / (loss) (reported in L6.2); and                                                                                                                                                                                                                                             Releasing shareholder profit decreases AASB 17 liabilities.
               * loss (recognition) / reversal (reported in L7.3).
           Releasing shareholder profit decreases VSA.
Item L9.2  Report allocation to Life Act SRPP and Life Act SRP (overseas par) due to L9.1.                                                                                                                                                                                                                          Item A9.2  Report allocation to AASB 17 SRPP and AASB 17 SRP (overseas par) due to A9.1.

           This is the amount allocated to Life Act SRPP and Life SRP (overseas par) due to L9.1.                                                                                                                                                                                                                              This is the amount allocated to AASB 17 SRPP and AASB 17 SRP (overseas par) due to A9.1.

           Allocating a shareholder profit increases Life Act SRPP and Life Act SRP (overseas par).                                                                                                                                                                                                                            Allocating a shareholder profit increases AASB 17 SRPP and AASB 17 SRP (overseas par).
Item L9.3  Report current year best estimate bonus – impact on VSA.                                                                                                                                                                                                                                                 Item A9.3  Report current year policyholder profit – impact on EFCF (non-PRP portion).

           This is the (decrease) in VSA associated with the release of policyholder profit at the end of the reporting period in respect of in-force policies. It reflects total policyholder profit for the reporting period excluding the profits that are recognised in the following items:                               This is the (decrease) in EFCF (non-PRP portion) associated with the release of current year policyholder profit from EFCF (non-PRP portion) to EFCF (PRP portion). It reflects total policyholder profit allocated to EFCF (PRP portion) excluding the profits that are recognised in the following items:
                                                                                                                                                                                                                                                                                                                                   * interim and terminal bonus profit allocation (reported in A5.1);
               * interim and terminal bonus profit allocation (reported in L5.1);                                                                                                                                                                                                                                                  * interest and expense items that impact EFCF (PRP portion) (reported in A4.1, A4.2, A4.3 and A4.4);
               * interest and expense items that impact Life Act PRP (reported in L4.1, L4.2, L4.3 and L4.4);                                                                                                                                                                                                                      * experience adjustments (reported in A6.2); and
               * non-investment experience profit / (loss) (reported in L6.2); and                                                                                                                                                                                                                                                 * changes in estimates that do not adjust CSM and adjustments to LIC (reported in A7.3).
               * loss (recognition) / reversal (reported in L7.3).                                                                                                                                                                                                                                                             Show the impact that allocating profit to EFCF (PRP portion) has on EFCF (non-PRP portion). The offsetting impact on EFCF (PRP portion) is reported in A9.4.
           Show the impact that allocating profit to Life Act PRP has on Life Act policy liabilities. The offsetting impact on Life Act PRP is reported in L9.4.
                                                                                                                                                                                                                                                                                                                               Releasing policyholder profit decreases EFCF (non-PRP portion).
           Releasing policyholder profit