Document ID: chunk:federal_register_of_legislation:F2017L00725:body:0:p12
Version: federal_register_of_legislation:F2017L00725
Segment Type: other
Provision Reference: 
Character Range: 32908–35955

amount of an asset or a cash-generating unit exceeds its recoverable amount i.e. represents the portion of total investment income/distributions that the RSE no longer considers probable to collect.

Item 5                   Item 5.3 is a derived item. Report total gains/losses on investments in item 5.3 as the sum of unrealised gains/losses reported in item 5.1 and realised gains/losses reported in item 5.2.

                         Unrealised gains/losses reported in item 5.1 must equal the sum of the total of item 1 column 8 on SRF 531.0 (or the total of item 5 column 6 on SRF 530.1, as appropriate), the total of item 2 column 8 on SRF 531.0 (or the total of item 6 column 6 on SRF 530.1, as appropriate) and item 5.2 on SRF 534.0 Derivative Financial Instruments (SRF 534.0).

                         Realised gains/losses in item 5.2 must equal the sum of the total of item 1 column 9 on SRF 531.0 (or the total of item 5 column 7 on SRF 530.1, as appropriate), the total of item 2 column 9 on SRF 531.0 (or the total of item 6 column 7 on SRF 530.1, as appropriate) and item 5.3 on SRF 534.0.

                         Report the portion of gains/losses on investments that are physical foreign exchange gains/losses in item 5.3.1.

                         Report the portion of gains/losses on investments that are derivative foreign exchange gains/losses in item 5.3.2.

Unrealised gains/losses  Represents changes in the value of investments as a result of remeasurement changes in the market value of investments. Includes: impairment charges and provisions.

Realised gains/losses    Represents changes in the value of investments as a result of closing or disposal of investments.

Physical foreign exchange gains/losses    Represents foreign exchange gains/losses on all investments other than derivatives. Includes: both realised and unrealised gains/losses.

Derivative foreign exchange gains/losses  Represents realised and unrealised foreign exchange gains/losses on derivative investments.

Foreign exchange gains/losses             Represents changes in the value of investments as a result of unrealised and realised changes in currency exchange rates which are used to translate or value investments.

Item 6 and item 7                   Item 6 is a derived item. Report other investment income in item 6 as investment income and gains/losses reported in item 7 minus the sum of investment income after impairment expense reported in item 4.7 and total gains/losses on investments reported in item 5.3. Include investment income related to derivative financial instruments in item 6. Include fee rebates received against investment fees charged to members in item 6.

                                    Report details of other investment income on separate lines in item 6.1. Report a description of the other investment income in column 1 and the value in column 2.

Investment income and gains/losses  Represents the total investment income from superannuation activities. Includes: investment income after