Document ID: chunk:federal_register_of_legislation:F2023L00641:body:0:p10
Version: federal_register_of_legislation:F2023L00641
Segment Type: other
Provision Reference: 
Character Range: 30834–33905

Capital in GPS 112.

Excess mutual equity interests                               This is the value of any mutual equity interests that are above the limit specified in GPS 112 (that is, the value of any mutual equity interests on issue that are not eligible for inclusion in Common Equity Tier 1 Capital).

                                                             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.

Excess of deferred tax assets over deferred tax liabilities  This is the amount of deferred tax assets (DTA) in excess of deferred tax liabilities (DTL) of the reporting insurer as per the requirements of GPS 112

                                                             The DTA and DTL must include any tax effect arising from the accounts receivables and accounts payables adjustments and the technical provisions in surplus / (deficit) of GPS 340 liabilities. For example, the DTA must be increased by any tax benefit arising from these adjustments whereas, the DTL must be increased by any tax liability arising from the adjustments.

F

Fair value adjustments                                            A regulated institution must deduct the difference between fair value and the reported value of each asset as per the requirements of GPS 112.

Fair value gains and losses from changes in own creditworthiness  This is the net unrealised gains (or losses) from changes in the fair values of the liabilities that arise due to changes in creditworthiness of the reporting insurer.

Foreign currency translation reserve                              This is the value of the reserve relating to exchange rate differences arising on translation of assets and liabilities to the presentation currency in accordance with Australian Accounting Standards.

G

General reserve  General reserves are created from the appropriation of profits by the reporting insurer after the payment of all dividends and tax.

Goodwill         This is the value of goodwill, as per GPS 112, net of adjustments to profit or loss reflecting changes arising from any impairment.

                 This item also includes the goodwill attributable to certain categories of subsidiaries, associates and joint ventures of the reporting insurer as per GPS 112.

H

Head office transfers declared or paid                    Report any head office transfers declared or paid that are not reported in aggregate of amounts transferred to parent entity.

Holdings of own Additional Tier 1 Capital instruments     This is the total effective own holdings of Additional Tier 1 Capital instruments issued by the reporting insurer unless exempted by APRA or eliminated under Australian Accounting Standards.

Holdings of own Common Equity Tier 1 Capital instruments  This is the value, as at the relevant date, of the reporting insurer's holdings of its own Common Equity Tier 1 Capital instruments unless exempted by APRA or eliminated under