Document ID: chunk:federal_register_of_legislation:F2022C00487:reg:33
Version: federal_register_of_legislation:F2022C00487
Segment Type: reg
Provision Reference: reg 33
Character Range: 22287–23898

33                    For each type of rate-regulated activity, an entity shall disclose the following information for each class of regulatory deferral account balance:
(a) a reconciliation of the carrying amount at the beginning and the end of the period, in a table unless another format is more appropriate. The entity shall apply judgement in deciding the level of detail necessary (see paragraphs 28–29), but the following components would usually be relevant:
(i)                     the amounts that have been recognised in the current period in the statement of financial position as regulatory deferral account balances;
(ii)                   the amounts that have been recognised in the statement(s) of profit or loss and other comprehensive income relating to balances that have been recovered (sometimes described as amortised) or reversed in the current period; and
(iii)                 other amounts, separately identified, that affected the regulatory deferral account balances, such as impairments, items acquired or assumed in a business combination, items disposed of, or the effects of changes in foreign exchange rates or discount rates;
(b) the rate of return or discount rate (including a zero rate or a range of rates, when applicable) used to reflect the time value of money that is applicable to each class of regulatory deferral account balance; and
(c) the remaining periods over which the entity expects to recover (or amortise) the carrying amount of each class of regulatory deferral account debit balance or to reverse each class of regulatory deferral account credit balance.