Document ID: chunk:federal_register_of_legislation:F2021L01101:body:0:p9
Version: federal_register_of_legislation:F2021L01101
Segment Type: other
Provision Reference: 
Character Range: 25990–29008

4.1 less the sum of item 4.1.1 and items 4.1.2 to 4.1.6 inclusive.

    5.             Personnel expense

Item 5 collects information on personnel expense incurred by the ADI or RFC.

SBR: submit item 5 with accounting type of debit (expense).

Item 5.1    Report the value of total personnel expense.

Item 5.1.1  Report the value of wages and salaries.

            Include provisions for employee entitlements.

Item 5.1.2  Report the value of employer contributions into superannuation.

            Include additional salary sacrificed superannuation contributions.

Item 5.1.3  Report the value of workers' compensation premiums / costs.

Item 5.1.4  Report the value of payments to other businesses / organisations for staff.

Item 5.1.5  Report the value of fringe benefits tax.

Item 5.1.6  Report the value of payroll tax.

Item 5.1.7  Report the value of share-based payment expense.

Item 5.1.8  Report the value of any other personnel expense not reported in items 5.1.1 to 5.1.7.

            Item 5.1.8 is a derived item.  Report the value of other personnel expense in item 5.1.8 as item 5.1 less the sum of items 5.1.1 to 5.1.7 inclusive.

    6.             Occupancy and equipment expense

Item 6 collects information on occupancy and equipment expenses incurred by the ADI or RFC.

SBR: submit item 6 with accounting type of debit (expense).

Exclude:

     * wages and salaries of own employees. These must be included as wages and salaries in item 5.1.1;
     * depreciation on information technology equipment.  This must be reported as depreciation and impairment of information technology equipment in item 7.1.1;
     * rental expense for information technology equipment.  This must be reported as rental, repairs and maintenance in item 7.1.5; and
     * repairs and maintenance on software and information technology equipment. These must be reported as rental, repairs and maintenance expenses in item 7.1.5.

Item 6.1    Report the value of total occupancy and equipment expenses incurred.

Item 6.1.1  Report the value of rental expense on operating leases, including short-term lease payments, payments for leases of low-value assets and variable lease payments not included in the measurement of lease liabilities as per AASB 16.

Item 6.1.2  Report the value of depreciation of property, plant and equipment, including the depreciation expense on right-of-use assets as per AASB 16.

Item 6.1.3  Report the value of utility expense.

Item 6.1.4  Report the value of property rates and taxes.

Item 6.1.5  Report the value of repairs and maintenance expenses on all property, plant and equipment.

Item 6.1.6  Report the value of any other occupancy and equipment expenses incurred that is not reported in items 6.1.1 to 6.1.5.

            Item 6.1.6 is a derived item.  Report the value of other occupancy and equipment expenses incurred in item 6.1.6 as item 6.1 less the sum of items 6.1.1 to 6.1.5 inclusive.

    7.             Information technology expense