Document ID: chunk:federal_register_of_legislation:F2023L00301:body:0:p9
Version: federal_register_of_legislation:F2023L00301
Segment Type: other
Provision Reference: 
Character Range: 24046–27226

is the value of unrealised gains / losses (excluding foreign exchange gains / losses) on the fair value of debt securities during the relevant period. Debt securities are transferable instruments evidencing a relationship of indebtedness. It is characterised by having a definable income stream that is not based on the economic performance of the issuing entity. This item excludes loans and advances, and subordinated debt.

           1.7.1.2.           Equity investments

    This is the value of unrealised gains / losses (excluding foreign exchange gains / losses) on equity securities for the relevant period, including gains (losses) from subordinated debt. Equity investments or securities are contracts that evidence a residual interest in the assets of an entity after deducting all its liabilities.

           1.7.1.3.           Property investments

    This is the value of unrealised gains / losses (excluding foreign exchange gains / losses) associated with the entity's investment in property assets. Do not include gains / losses on investments in: listed property trusts; unlisted private property unit trusts; and unlisted public offer / retail property trusts.

           1.7.1.4.           Loans and advances

    This is the value of unrealised gains / losses (excluding foreign exchange gains / losses) on loans and advances for the relevant period. Loans and advances are those financial assets categorised as "Loans and Receivables" in the accounting standards, other than "Trade receivables" and "Cash".

           1.7.1.5.           Derivatives (other than foreign exchange)

    This is the value of unrealised gains / losses attributable to the movement in net market value of the entity's derivative exposures, excluding unrealised or realised gains / losses relating to the currency translation of foreign currency derivative contracts.

      1.7.2.             Indirect investments

This relates to investments where the reporting insurer does not hold direct title / ownership of the investment asset.

           1.7.2.1.           Units in trusts / managed investment vehicles

    This is the value of unrealised gains / losses (excluding foreign exchange gains / losses) on holdings of units in trusts or other managed investment vehicles for the relevant period.

     1.8.               Total realised gains / losses on investments

This is the value of the total realised gains / losses (excluding foreign exchange gains / losses) associated with the entity's investments. Gains / losses are realised where the entity disposed of an asset during the relevant period. If an asset has not been disposed of during the relevant period, then any increases or decreases in the fair value of the asset are recognised as unrealised gains / losses.

This item is automatically calculated as the sum of Items 1.8.1.1 to 1.8.1.5 and 1.8.2.1.

      1.8.1.             Direct investments

This relates to investment where the reporting insurer holds direct title / ownership of the investment asset.

           1.8.1.1.           Interest rate investments

    This is the value of unrealised gains / losses (excluding foreign