Document ID: chunk:federal_register_of_legislation:F2023L00722:front:0:p4
Version: federal_register_of_legislation:F2023L00722
Segment Type: other
Provision Reference: 
Character Range: 8299–12338

party's own balance sheet  Means the amount of regulatory adjustments applied in respect of the goodwill and other intangible assets (net of impairment) in relation to the investment in the subsidiary, joint venture or associate.

                                                                                 This is calculated automatically as:
                                                                                       * ownership percentage of related party, multiplied by:

                                                                                       * (the sum of:
                                                                                                + goodwill - related party's own balance sheet; and
                                                                                                + other intangibles - related party's own balance sheet
                                                                                       less:
                                                                                            * total accumulated amortisation and impairment of intangible assets and goodwill - related party's own balance sheet)
Adjustment for regulatory capital requirement - related party                    Means the adjustment for investment in subsidiaries, joint ventures and associates that are subject to regulatory capital requirements.

                                                                                 This adjustment is calculated automatically as the lesser of the private health insurer's share of the regulatory capital requirements and the value of the investment that is recorded on the reporting party's balance sheet after adjustment for any intangible component as reported in adjustment for goodwill / other intangibles - related party's own balance sheet.

Associate                                                                        Means an associate as defined under Australian Accounting Standard AASB 128 Investments in Associates and Joint Ventures.

B
Borrowing  The amount of outstanding funds that the entity is obligated to repay.
           Report this item in accordance with AASB 101.55 Common practice.

C
Cash and cash equivalents                  This is the value of notes and coins; deposits withdrawable or redeemable within 24 hours; and securities purchased under agreements to resell.
Comparable regulatory capital requirement  Means a comparable regulatory capital requirement as agreed with APRA.

Country code                               Means the two-letter country code as assigned by the ISO 3166 Maintenance Agency to a country defined under the International Organization for Standardization's International Standard ISO 3166. The ISO 3166 Maintenance agency maintains a free online database of country codes, available at  https://www.iso.org/iso-3166-country-codes.html.
Country of incorporation                   Means the country in which the company is incorporated.
                                           The International Organization for Standardization's International Standard ISO-3166 Country list contains a list of applicable countries.
Creditors and accruals                     Means creditors and accruals (including goods and services tax payable but not income tax payable).

D
Derivatives (assets)       This is the value of all open derivative positions reported as assets.
Derivatives (liabilities)  This is the value of all open derivatives positions reported as liabilities.

E
Equities (direct)  This is the value, as at the relevant date, of equity. Equity securities are, as defined by the Australian Accounting Standards, contracts that evidence a residual interest in the assets of an entity after deducting all its liabilities. This includes equity securities lent or sold by the entity under repurchase agreements, where the transaction does not result in the transfer of the rights of ownership of the securities away from the entity to another party.