Document ID: chunk:federal_register_of_legislation:F2023L00705:body:0:p10
Version: federal_register_of_legislation:F2023L00705
Segment Type: other
Provision Reference: 
Character Range: 24379–27110

with AASB 17 Appendix A and AASB 17.105 (c) Disclosure.

Item 15: Effect of movements in exchange rates
Item 15  Report effect of movements in exchange rates.

         Report this item in accordance with AASB 17.105 (d) Disclosure.

Item 16: Total amounts recognised in the statement of profit or loss and OCI
Item 16  Item 16 total amounts recognised in the statement of profit or loss and OCI is a derived item and is calculated as the sum of items 13 to 15 inclusive.

Cash flows
Report items 17-20 based on AASB 17.98 and 17.105 (a) requirements.

Item 17: Premiums received
Item 17  Report premiums received for insurance contracts issued.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.105 (a) (i) Disclosure.

Item 18: Claims and other expenses paid
Item 18  Report claims and other expenses paid.

         Report this item in accordance with AASB 17.105 (a) (iii) Disclosure.

Item 19: Insurance acquisition cash flows paid
Item 19  Report insurance acquisition cash flows paid.

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