Document ID: chunk:federal_register_of_legislation:F2023L00715:body:0:p14
Version: federal_register_of_legislation:F2023L00715
Segment Type: other
Provision Reference: 
Character Range: 35134–37868

Item 16: Effect of movements in exchange rates
Item 16  Report effect of movements in exchange rates.

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

Item 17: Total amounts recognised in the statement of profit or loss and OCI
Item 17  Item 17, 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 16 inclusive.

Cash flows
Report items 18-21 based on AASB 17.98 and 17.105 (a) requirements.

Item 18: Premiums paid
Item 18  Report premiums paid.

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

Item 19: Amounts received
Item 19  Report amounts received.

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

Item 20: Insurance acquisition cash flows
Item 20  Report insurance acquisition cash flows in accordance with AASB 17 Appendix A, AASB 17.105 (a) (ii) Disclosure and AASB 17.105A Disclosure.

Item 21: Total cash flows
Item 21  Item 21, total cash flows, is a derived item and is calculated as the sum of items 18 to 20 inclusive.

Items 22-24: Other movements in the net balance
Item 22  Report allocation from assets for insurance acquisition cash flows to groups of reinsurance contracts held.

         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 23  Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.

         Report this item in accordance with AASB 17.105 (d) Disclosure.
Item 24  Report other movements in the net balance not reported at items 22 and 23.

         Report this item in accordance with AASB 17.105 (d) Disclosure.
Item 25  Item 25, other movements in the net balance, is a derived item and is calculated as the sum of items 22 to 24 inclusive.

Item 26: Net balance as at end of reporting period
Item 26  Item 26, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25.

Item 27: Closing reinsurance contract assets
Item 27  Report closing reinsurance contract assets.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 28: Closing reinsurance contract liabilities
Item 28  Report closing reinsurance contract liabilities.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 29: Net balance as at end of reporting period
Item 29  Item 29, net balance as at end of reporting period, is a derived item and is calculated as the sum of item 27 and item