Document ID: chunk:federal_register_of_legislation:F2023L00721:front:0:p9
Version: federal_register_of_legislation:F2023L00721
Segment Type: other
Provision Reference: 
Character Range: 26892–31040

This represents the portion of the consideration used for share buy backs that is allocated to retained earnings.
Reinsurance premiums ceded amount                           This is the value of health-related insurance business accrued premium ceded to a reinsurer.
Reinsurance recoveries amount                               This is the value reinsurance recoveries in respect of claims incurred for health-related insurance business.
Retained earnings amount                                    This means the retained earnings amount for the private health insurer fund type.
Retained earnings at the beginning of the reporting period  This is the value, as at the relevant date, of retained earnings at the beginning of the current reporting period.

(Retained earnings item type)
Retained earnings at the end of the reporting period        Retained earnings at the end of the reporting period is a derived value and is calculated as the sum of:
                                                                * retained earnings at the beginning of the reporting period;
                                                                * profit / loss after income tax attributable to members of the company;
                                                                * adjustments to retained earnings due to change in accounting policies / standards;
                                                                * reduction in retained earnings on share buy back;
                                                                * transfers to / from reserves;
                                                                * transfers to / from parent entity;
                                                                * dividends declared or paid;
                                                                * transfers to / from other funds; and
                                                                * other retained earnings movements.
Retained earnings item type                                 The retained earnings item types are:
                                                                * retained earnings at the beginning of the reporting period;
                                                                * profit / loss after income tax attributable to members of the company;
                                                                * adjustments to retained earnings due to change in accounting policies / standards;
                                                                * reduction in retained earnings on share buy back;
                                                                * transfers to / from reserves;
                                                                * transfers to/ from parent entity;
                                                                * dividends declared or paid;
                                                                * transfers to / from other funds; and
                                                                * other retained earnings movements.

S
Secondary other source                This is the second largest other operational source, ranked by gross revenue.

(Net other operational revenue type)
Share of corporate overheads          This is the value of overhead expenses of another entity borne by the private health insurer fund type.

(Other business expenses type)
State ambulance levies                State levies are all state ambulance levies payable by the health benefits fund.

T
Transfers to / from other funds    Report the value of funds transferred to or received from a health benefits fund or general fund of the private health insurer during the reporting period.

(Retained earnings item type)
Transfers to / from parent entity  Report the value of dividends or funds transferred to or received from the parent entity during the reporting period.

(Retained earnings item type)      Transfers from parent entity only includes funds that are capital contributions from the parent entity and are not required to be repaid.

Transfers to / from reserves       Report