Document ID: chunk:federal_register_of_legislation:F2023L00717:body:0:p24
Version: federal_register_of_legislation:F2023L00717
Segment Type: other
Provision Reference: 
Character Range: 101266–105241

Act SRP (overseas par) not captured by other items.                                                                                                                                      This is any other movement of EFCF (PRP portion), AASB 17 SRPP and AASB 17 SRP (overseas par) not captured by other items.

13. Reconciliation adjustments

Item L13  Report reconciliation adjustments – Life Act policy liability, Life Act PRP, Life Act SRPP and Life Act SRP (overseas par).                              Item A13  Report reconciliation adjustments – AASB 17 liabilities, AASB 17 SRPP and AASB 17 SRP (overseas par).

          This is any other movements within Life Act policy liability, Life Act PRP, Life Act SRPP and Life Act SRP (overseas par) not captured by other items.             This is any other movements within AASB 17 liabilities, AASB 17 SRPP and AASB 17 SRP (overseas par) not captured by other items.

14. End balance

Item L14  Item L14 end balances of Life Act policy liabilities, Life Act PRP, Life Act SRPP and Life Act SRP (overseas par) is a derived item and calculated as follows.   Item A14  Item A14 end balances of AASB 17 liabilities, AASB 17 SRPP and AASB 17 SRP (overseas par) is a derived item and calculated as follows.

              * Sum of items L1.1, L2.1 to L2.12 inclusive, L3.1 to L3.3 inclusive, L5.2, L6.1, L7.2, L8.1, L9.1, L9.3, L11.3 and L13 for Life Act policy liabilities;                   * Sum of items A1.1, A.2.1 to A2.15 inclusive, A3.1 to A3.3 inclusive, A6.1, A7.1, A7.2, A8.1, A9.3, A11.2, A11.4 and A13 for EFCF (non-PRP portion);
              * Sum of items L1.1, L4.1 to L4.4 inclusive, L5.1, L6.2, L7.3, L8.1, L9.4, L11.1, L11.2, L12.1 to L12.3 inclusive and L13 for Life Act PRP; and                            * Sum of items A1.1, A4.1 to A4.4, A5.1, A6.2, A7.3, A8.1, A9.4, A11.1, A11.3, A12.1 to A12.3 inclusive and A13 for EFCF (PRP portion);
              * Sum of items L1.1, L4.1 to L4.4 inclusive, L5.3, L6.2, L7.3, L8.1, L9.2, L11.4, L12.3 and L13 for Life Act SRPP and Life Act SRP (overseas par).                         * Sum of items A1.1, A2.1, A3.1 to A3.3 inclusive, A6.1, A7.1, A7.2, A8.1, A9.1, A11.2, A11.4 and A13 for RA;
                                                                                                                                                                                         * Sum of items A1.1, A2.1, A3.1 to A3.3 inclusive, A6.1, A7.1, A8.1, A9.1 and A13 for CSM; and
                                                                                                                                                                                         * Sum of items A1.1, A4.1 to A4.4 inclusive, A6.2, A7.3, A8.1, A9.2, A11.1, A11.3, A11.5, A12.3 and A13 for AASB 17 SRPP and AASB 17 SRP (overseas par).

15. Other information

Item L15.1   Report gross policy liabilities ceded.                                                                                                                                                                     Item A15.1                                                                                                                                                                                                                                                              Report reinsurance assets (net of reinsurance liabilities).

             This is the amount of gross policy liabilities ceded in respect of participating business at the end of the reporting period, determined using the VSA led method.                                                                                                                                                                                                                                                                                                                 This is the amount of reinsurance assets determined under AASB 17 (net of reinsurance liabilities) in