Document ID: chunk:federal_register_of_legislation:F2015L01291:body:0:p9
Version: federal_register_of_legislation:F2015L01291
Segment Type: other
Provision Reference: 
Character Range: 23109–25950

of total payables reported in item 12, borrowings reported in item 13, derivative liabilities reported in item 14, securities sold under agreements to repurchase and securities loaned reported in item 15, current tax liabilities reported in item 16, deferred tax liabilities reported in item 17 and insurance liabilities reported in item 18.

             Report details of other liabilities on separate lines in item 19.1. Report the description of the liabilities in column 1 and value of the liabilities in column 2.

Liabilities  Represents a present obligation of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits. Reference: Australian Accounting Standards.

Item 20  Report total liabilities in item 20.

Member benefits

Item 21 to item 24 inclusive collect information about members' benefits.

Reporting basis: report item 21, item 22 column 6, item 23 and item 24 as at the end of the reporting period; report item 22 column 2 to column 5 inclusive with respect to transactions that occurred during the reporting period.

Item 21                                     Item 21 is a derived item. Report net assets available for members' benefits in item 21 as total assets reported in item 11 minus total liabilities reported in item 20.

Net assets available for members' benefits  Represents the surplus of total assets less total liabilities which is underlying the value of members' benefits. Includes: reserves.

Item 22                  Report the type of reserve as ORFR reserve, investment reserve, self-insurance reserve, administration reserve or other reserve in item 22.1 column 1.

                         For each type of reserve reported in item 22.1 column 1, report transfer into reserve in column 2, the portion of transfer into reserve that is earnings on reserve in column 3, transfer out of reserve in column 4, the portion of transfer out of reserve that is loss on reserve in column 5 and closing balance as equal to value held in the reserve at the end of the reporting period in column 6.

                         Report details of other reserve on separate lines in item 22.1.1. Report the description of the reserve in column 1, transfer into reserve in column 2, the portion of transfer into reserve that is earnings on reserve in column 3, transfer out of reserve in column 4, the portion of transfer out of reserve that is loss on reserve in column 5 and closing balance as equal to the total value held in the reserve at the end of the reporting period in column 6.

                         Item 22.2 is a derived item. Report the sum of the closing balance of all reserves reported in item 22.1 column 6 in item 22.2.

                         Report transfer into reserve in column 1