Document ID: chunk:federal_register_of_legislation:F2023L00644:body:0:p9
Version: federal_register_of_legislation:F2023L00644
Segment Type: other
Provision Reference: 
Character Range: 28173–31374

impairment. This item also includes the goodwill attributable to certain categories of subsidiaries, associates and joint ventures of the private health insurer as per HPS 112.

H
Health benefits fund                                      Health benefits fund has the same meaning as in the Act.
Holdings of own Additional Tier 1 Capital instruments     This is the total effective own holdings of Additional Tier 1 Capital instruments issued by the private health insurer unless exempted by APRA or eliminated under Australian Accounting Standards.
Holdings of own Common Equity Tier 1 Capital instruments  This is the total effective holdings of own Tier 1 Capital instruments issued by the private health insurer, unless exempted by APRA or eliminated under Australian Accounting Standards. This item must also include:
                                                                 * capital instruments the private health insurer could be contractually obliged to purchase; and
                                                                 * unused portion of the limits agreed with APRA as per HPS 112.
Holdings of own Tier 1 capital instruments                This is the total effective holdings of own Tier 1 Capital instruments that were issued by the private health insurer. This includes Common Equity Tier 1 capital and Additional Tier 1 capital instruments held by the health benefits fund or general fund unless exempted by APRA or eliminated under Australian Accounting Standards.
Holdings of own Tier 2 Capital instruments                For each health benefits fund or general fund, this is the effective holdings of own eligible Tier 2 Capital instruments issued by the fund unless exempted by APRA of eliminated under Australian Accounting Standards.
                                                          For the private health insurer, this is the total effective holdings of own eligible Tier 2 Capital instruments that were issued by the private health insurer unless exempted by APRA or eliminated under Australian Accounting Standards.

I
Insurance liabilities surplus / (deficit)   This is the total technical provisions in surplus (positive value) or deficit (negative value) to the outstanding claims liabilities, premiums liabilities, risk equalisation liability,  other insurance liabilities and deferred claims liabilities determined under HPS 340. Technical provisions refer to the insurance and reinsurance contract liabilities under Australian Accounting Standards.

M
Mutual equity interests   This is the value of all mutual equity interests on issue up to a maximum limit of 25 percent of the private health insurer's total Common Equity Tier 1 Capital before applying regulatory adjustments.
                          For the purposes of this item, only include proceeds of issues that have been received by the issuer. Any partly paid issue is reported only to the extent that it has been paid-up.

N
Net assets (less equity components classified as Additional Tier 1 Capital)  This is net assets of the private health insurer as reported in the balance sheet after deducting for any equity components classified as Additional Tier 1 Capital.
Net assets