Document ID: chunk:federal_register_of_legislation:F2023L00301:body:0:p6
Version: federal_register_of_legislation:F2023L00301
Segment Type: other
Provision Reference: 
Character Range: 15017–18772

Commission expense  Other underwriting expenses  Total underwriting expenses
(1)                           (2)                                        (3)                                       (4)                 (5)                 (6)                 (7)                          (8)

Householders
Commercial motor
Domestic motor
Other direct - category A
Travel
Fire and ISR
Marine
Aviation
Consumer credit
Other accident
Other direct - category B
Mortgage
CTP
Public and product liability
Professional indemnity
Employers liability
Other direct - category C

Section 2: Reinsurance business

Class of business              Acquisition costs (excluding LAT results)  Results of LAT (current and prior years)  Levies and charges  Commission revenue  Commission expense  Other underwriting expenses  Total underwriting expenses
(1)                            (2)                                        (3)                                       (4)                 (5)                 (6)                 (7)                          (8)

Proportional - Category A
Non-proportional - Category A
Proportional - Category B
Non-proportional - Category B
Proportional - Category C
Non-proportional - Category C

Section 3: Total

                            Acquisition costs (excluding LAT results)  Results of LAT (current and prior years)  Levies and charges  Commission revenue  Commission expense  Other underwriting expenses  Total underwriting expenses
                            (2)                                        (3)                                       (4)                 (5)                 (6)                 (7)                          (8)
Total direct business
Total reinsurance business
  Proportional
  Non-proportional
Total

GRF_310_3 Details of Income and Expenses

These instructions must be read in conjunction with the general instruction guide.

Instructions for specific items

     1. Investment income

           1.                Total interest income

This is the value of interest income recognised during the relevant period. Interest must be recognised and measured in accordance with the relevant Australian Accounting Standards. This means interest is to be recognised on an accrual basis, unless the asset is considered to be impaired or non-performing in which case, interest is to be recognised on a cash basis.

      1.1.1.             Parent & controlled entities

Report the value of interest income from the parent entity or a subsidiary (or another branch of the parent entity for a Category C insurer) of the reporting insurer.

      1.1.2.             Other related parties

Report the value of interest income from related parties other than the parent entity or a subsidiary (or another branch of the parent entity for a Category C insurer) of the reporting insurer.

      1.1.3.             Derivatives

This is the value of interest income from derivatives during the relevant period. This item is determined in accordance with the relevant Australian Accounting Standards.

      1.1.4.             Other

This is a balancing item and represents all other interest income not reported in the items above.

It is automatically calculated as Item 1.1 less the sum of Items 1.1.1 to 1.1.3.

     1.2.               Total dividend income

This is the value, for the relevant period, of dividends recognised by the reporting insurer as income in accordance with Australian Accounting Standards.

      1.2.1.             Parent & controlled entities

Report the value of dividend income from the parent entity or a subsidiary (or another branch of the parent entity for a Category C insurer) of the reporting insurer.

      1.2.2.             Other related parties

Report