Document ID: chunk:federal_register_of_legislation:F2023L00724:body:0:p9
Version: federal_register_of_legislation:F2023L00724
Segment Type: other
Provision Reference: 
Character Range: 24727–27265

This table applies to life companies including friendly societies. Data must be submitted at the level of the life company. Report all information as at the reporting date.

Units of measurement

Report the dollar values in this table in whole Australian dollars.

Column 1  Report the value for each item listed below which relates to AASB 17 SRPN of all SFs.

Column 2  Report the value for each item listed below which relates to AASB 17 SRPP of all SFs.

Column 3  Report the value for each item listed below which relates to AASB 17 SRP of all BFs.

Column 4  Report the value for each item listed below which relates to AASB 17 SRP of the SHF / MF.

Column 5  Report the value for each item listed below which relates to elimination values in relation to AASB 17 SRP of the SHF / MF.

          The sum of balances across all SFs / all BFs, SHF / MF and SHF / MF elimination values must equal to balances at a life company level
Column 6  Column 6 life company – AASB 17 SRP is a derived column and is calculated as the sum of columns 1 to 5.

1. Retained profits transfers

Item 1.1   Report retained profits balance at the beginning of the period.

Item 1.2   Report profit (loss) after income tax attributable to members of the company.

           Report this as a positive value where it would result in an increase to retained profits.

           Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.3   Report retained profits transfers from SHF / MF to total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF.

           Report this as a positive value where it would result in an increase to retained profits.

           Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.4   Report retained profits transfers from total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF to SHF / MF.

           Report this as a positive value where it would result in an increase to retained profits.

           Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.5   Report dividends.

           This item is reported under columns 4 and 5 only.

           Report this as a positive value where it would result in an increase to retained profits.

           Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.6   Report other retained profits movements.

           Report this as a positive value