Document ID: chunk:federal_register_of_legislation:F2025L00010:front:0:p5
Version: federal_register_of_legislation:F2025L00010
Segment Type: other
Provision Reference: 
Character Range: 11236–14727

licensee expenses comprise a single, non-itemised payment to a service provider to cover both 'Administration expenses' and 'Occupancy expenses', report the total expense amount under 'Other expenses' and leave the 'Administration expenses' and 'Occupancy expenses' fields blank.
APRA expects where revenue and expense items are able to be broken down into separate items, that they be reported under the relevant category. For example, where Director Remuneration and Executive Remuneration have been quantified to meet other disclosure requirements, they should be reported separately in this table.

Reporting period

                                                   $  Instruction
1. Revenue                                            Item 1 Revenue, is a derived item calculated as the sum of item 1.1 to item 1.5.
1.1 Trustee service fees (superannuation related)     Report service fees related to trustee services provided by the RSE Licensee.
1.2 Trustee risk reserve fees                         Report Trustee risk reserve fees paid to the trustee.
1.3 Other service fees                                Report service fees related to other services (non-trustee related) provided by the RSE Licensee.
1.4 Interest income                                   Report interest income.
1.5 Other revenue                                     Report all other revenue that is not reported elsewhere.
2. Expenses                                           Item 2 Expenses, is a derived item calculated as the sum of item 2.1 to item 2.7.
2.1 Employee expenses                                 Item 2.1 Employee expenses, is a derived item calculated as the sum of item 2.1.1 and item 2.1.2.
2.1.1 Executive remuneration                          Report Executive Remuneration.
2.1.2 Staff wages                                     Report Staff wages.
2.2 Directors' expenses                               Report Director Remuneration.
2.3 Administration expenses                           Report administration expenses (excluding occupancy expenses).
2.4 Occupancy expenses                                Report occupancy expenses.
2.5 Regulatory levies or fees                         Report all fees and levies paid to regulatory bodies such as APRA and ASIC.
2.6 Regulatory fines or penalties                     Report all fines and penalties paid to regulatory bodies such as APRA and ASIC.
2.7 Other expenses                                    Report all other expenses that are not reported elsewhere.
3. Net profit / (loss) before tax                     Item 3 Net profit / (loss) before tax, is a derived item calculated as the difference between item 1 and item 2.
4. Income tax (expense) / benefit                     Report RSE licensee income tax (expense)/benefit. Report expenses as a negative number and benefits as a positive number.
5. Net profit / (loss) after tax                      Item 5 Net profit / (loss) after tax, is a derived item calculated as the difference between item 3 and item 4.
6. Other comprehensive income                         Report RSE Licensee other comprehensive income.
7. Total comprehensive income                         Item 7 Total comprehensive income, is a derived item calculated as the sum of item 5 and item 6.

Table 2: Statement of financial position
Report asset, liability and equity items listed in Table 2 that the RSE licensee is able to categorise within their financial accounts. For any items with nil value, leave the