Document ID: chunk:federal_register_of_legislation:F2024L00434:body:0:p32
Version: federal_register_of_legislation:F2024L00434
Segment Type: other
Provision Reference: 
Character Range: 117367–122619

buildings                                Means any non-residential buildings (or parts of such buildings) where the primary purpose is for manual labour or storage.

                                                    It includes:

                                                         * warehouses; and
                                                         * factories.

Industrial machinery and equipment                  Represents machinery and equipment where the primary business function is for use in the production of goods and/or services.

                                                    Some items within this category may be mobile and capable of transporting people or goods.

                                                    It includes:

                                                         * engines and turbines;
                                                         * pumps, compressors and hydraulic power engines;
                                                         * lifting and handling equipment;
                                                         * machine tools and accessories (hand tools, tools customarily in a workshop);
                                                         * equipment for food and beverage preparation;
                                                         * point of sale terminals and booking systems;
                                                         * industrial cooking appliances;
                                                         * domestic appliances for production purposes; and
                                                         * climate control systems and other equipment in core production.

Information technology equipment                    Refers to devices that have a primary function related to the collection, transfer, storage, or processing of data.

                                                    Examples include, computers, monitors, keyboards, drives and servers.

Information technology expenses incurred            Refers to expenses incurred during the reporting period related to the use of information technology (including equipment, software and services).

                                                    It includes:

                                                          * market data services.
                                                    It excludes:

                                                         * wages and salaries of own employees; and
                                                         * computer software capitalised.

Insurance premiums other than workers compensation  It includes:

                                                         * optional third party and comprehensive motor vehicle insurance premiums;
                                                         * fire, general, accident and public liability premiums; and
                                                         * professional indemnity insurance premiums.

                                                    It excludes:

                                                         * workers compensation insurance premiums/levies. Report this as workers' compensation premiums/costs; and
                                                         * compulsory third party motor vehicle insurance premiums.

Intangible assets                                   Has the meaning as in AASB 138 Intangible Assets (AASB 138).

Interest-bearing                                    Means liabilities that have a contractual interest rate greater than zero.

                                                    If an account has more than one contractual interest rate, report as interest-bearing if at least one of the contractual interest rates is greater than zero.

Interest expense incurred                           Payments of interest incurred during the period that are due to customers and holders of debt securities during the period, including coupon payments.

                                                    Report interest expense incurred in accordance with Australian Accounting Standards.

                                                    It includes:

                                                         * payments of scheduled interest distributions made during the period;
                                                         * the interest component of zero coupon security repayments, borrowing under repurchase agreements and securities borrowing activity; and
                                                         * scheduled interest payments that were not made during the period (including scheduled distributions on hybrid instruments).

                                                    It excludes: non-interest payments made to customers or holders of debt securities (such as principal payments or fees) that do not form an integral part of the effective interest rate of those debt securities, as defined in AASB 9.

Interest income earned                              Interest earned from customers and issuers of securities during the period, including coupon payments.

                                                    Report interest