Document ID: chunk:federal_register_of_legislation:F2023L00715:body:0:p11
Version: federal_register_of_legislation:F2023L00715
Segment Type: other
Provision Reference: 
Character Range: 27086–29949

(a) (ii) Disclosure.

Item 20: Total cash flows
Item 20  Item 20, total cash flows, is a derived item and is calculated as the sum of items 17 to 19 inclusive.

Items 21-24: Other movements in the net balance
Item 21  Report allocation from assets for insurance acquisition cash flows to groups of insurance contracts.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.105A Disclosure.

         Based on the insurer's interpretation of AASB 17.105A, this item may not apply.
Item 22  Report other movements in the net balance that are related to acquisitions/disposals/portfolio transfers.

         Report this item in accordance with AASB 17.105 (d) Disclosure.
Item 23  Report other movements in the net balance not reported at items 21 and 22.

         Report this item in accordance with AASB 17.105 (d) Disclosure.
Item 24  Item 24, other movements in the net balance, is a derived item and is calculated as the sum of items 21 to 23 inclusive.

Item 25: Net balance as at end of reporting period
Item 25  Item 25, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 16, item 20 and item 24.

Items 26-28: Closing balances
Item 26  Report closing insurance contract liabilities.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.
Item 27  Report closing insurance contract assets.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.
Item 28  Item 28, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 26 and item 27.

Part B: Reinsurance contracts held (outwards reinsurance by cedant/retrocedent)

Liability Roll Forward 1 – Reconciliation of the asset for remaining coverage and the asset for incurred claims

Report the items in the table based on AASB 17.98, AASB 17.100, AASB 17.105A and AASB105B requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.
Report zero values for line items if they are not applicable.

Column 1   Report assets for remaining coverage excluding loss-recovery component for the current reporting period.

           Report this item in accordance with AASB 17.100 (a) Disclosure.
Column 2   Report the loss-recovery component of assets for remaining coverage for the current reporting period.

           Report this item in accordance with AASB 17.66B and 17.100 (b) Disclosure.
Column 3   For contracts not measured under the Premium Allocation Approach (PAA), report assets for incurred claims for the current reporting period.

           Report this item in accordance with AASB 17.100 (c) Disclosure.
Column 4   For contracts measured under PAA, report estimates of the present value of the future cash flows of assets for