Document ID: chunk:federal_register_of_legislation:F2023L00724:body:0:p5
Version: federal_register_of_legislation:F2023L00724
Segment Type: other
Provision Reference: 
Character Range: 11100–14391

appear on more than one row in that table when reported.

Definitions

Terms highlighted in bold italics indicate that the definition is provided in these instructions.

A

AASB 17 SRPN  This is shareholder retained profits for non-participating business (SRPN) within a statutory fund (SF) determined for accounting reporting.

AASB 17 SRPP  This is shareholder retained profits for participating business (SRPP) within a statutory fund (SF) determined for accounting reporting.

              Insurers that use the VSA-led method must report SRPP determined for accounting reporting and not SRPP determined for Life Act reporting.
AASB 17 SRP   This is shareholder retained profits (SRP) within a benefit fund (BF) or SRP within the shareholder fund (SHF) / management fund (MF) determined for accounting reporting.

D

Dividends   This is the amount of dividend that was paid from the SHF / MF.

O

Ordinary shares issued             This is ordinary shares issued.

Other retained profits movements   For a statutory fund / benefit fund, this consists of all other retained profits movements not specifically categorised as:

                                       * retained profits transfers from SHF / MF to SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF; or
                                       * retained profits transfers from SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF to SHF / MF.

                                   For a life insurer, this consists of all other retained profits movements not specifically categorised as:

                                       * retained profits transfers from SHF / MF to total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF;
                                       * retained profits transfers from total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF to SHF / MF; or
                                       * dividends.
Other share capital movements      For a statutory fund / benefit fund, this consists of all other retained profits movements not specifically categorised as:

                                       * share capital transfers from SHF / MF to SF / BF; or
                                       * share capital transfers from SF / BF to SHF / MF.

                                   For a life company, this consists of all other share capital movements not specifically categorised as:

                                       * share capital transfers from SHF / MF to total SF / total BF;
                                       * share capital transfers from total SF / total BF to SHF/ MF;
                                       * ordinary shares issued; or
                                       * share capital reductions.

P

Profit (loss) after income tax attributable to members of the company amount  This is profit (loss) after income tax attributable to members of the company being added to the retained profits balances.

R

Retained profits balance at the beginning of the period                                                    This is the opening balance of retained profits at beginning of the reporting period.

Retained profits balance at the end of the period                                                          This is the closing balance of retained profits at end of