Document ID: chunk:federal_register_of_legislation:F2023L00644:body:0:p3
Version: federal_register_of_legislation:F2023L00644
Segment Type: other
Provision Reference: 
Character Range: 5491–9165

year for which the report is provided, the report for the year for which the report is provided must state whether the auditor has examined the issues identified and is satisfied that the private health insurer has taken the appropriate steps to rectify the matters raised in the previous report.

14.         The auditor's report must:

       (a)          state details of the program adopted to carry out the audit; and

       (b)          include the name of, and be signed by, the auditor who takes responsibility for the accuracy of the report.

Authorisation

15.         A person who submits the information required under this Reporting Standard must be suitably authorised by an officer of the private health insurer.

Variations

16.         APRA may, in writing, vary the reporting requirements of this Reporting Standard in relation to a private health insurer.

Interpretation

17.         In this Reporting Standard:

      (a)   unless the contrary intention appears, words and expressions have the meanings given to them in Prudential Standard HPS 001 Definitions (HPS 001); and

      (b)   the following definitions are applicable:

      AASB references relate to the Australian Accounting Standards made by the Australian Accounting Standards Board;

      APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998;

      capital standards means the prudential standards which relate to capital adequacy, as defined in HPS 001;

      officer has the same meaning as in the Act;

      private health insurer has the same meaning as in the Act; and

      reporting period means a period mentioned in paragraph 6 or, if applicable, paragraph 7; and

      the Act means the Private Health Insurance (Prudential Supervision) Act 2015.

18.         Unless the contrary intention appears, a reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force from time to time.

Reporting Standard HRS 112.0

Determination of Capital Base

General instructions

Reporting tables
Tables described in this reporting standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.

Definitions
Terms highlighted in bold italics indicate that the definition is provided in these instructions.
A
Accumulated other comprehensive income and other disclosed reserves                        This is the sum of all other comprehensive income and disclosed reserves and is calculated as the sum of:
                                                                                                  * unrealised gains or losses recognised on balance sheet;
                                                                                                  * reserves from equity-settled share-based payments;
                                                                                                  * foreign currency translation reserve;
                                                                                                  * general reserve;
                                                                                                  * cumulative unrealised gains or losses on hedges offsetting gains or losses in Common Equity Tier 1 Capital; and
                                                                                                  * other gains and losses in