Document ID: chunk:federal_register_of_legislation:F2023L00705:body:0:p14
Version: federal_register_of_legislation:F2023L00705
Segment Type: other
Provision Reference: 
Character Range: 34963–37783

this item may not apply.
Item 23  Report other movements in the net balance that are related to acquisitions, disposals, or portfolio transfers.

         Report this item in accordance with AASB 17.105 (d) Disclosure.
Item 24  Report other movements in the net balance not reported at items 22 and 23.

         Report this item in accordance with AASB 17.105 (d) Disclosure.
Item 25  Item 25 other movements in the net balance is a derived item and is calculated as the sum of items 22 to 24 inclusive.

Item 26: Net balance as at end of reporting period
Item 26  Item 26 net balance as at end of reporting period is a derived item and is calculated as the sum of item 3, item 17, item 21 and item 25.

Item 27: Closing reinsurance contract assets
Item 27  Report closing reinsurance contract assets.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 28: Closing reinsurance contract liabilities
Item 28  Report closing reinsurance contract liabilities.

         Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 29: Net balance as at end of reporting period
Item 29  Item 29 net balance as at end of reporting period is a derived item and is calculated as the sum of item 27 and item 28.

Liability Roll Forward 2 – Reconciliation of the measurement components of reinsurance contract balances

For contracts not measured under the PAA, report the items in the table based on AASB 17.98 and AASB 17.101 requirements to provide separate reconciliations for insurance contracts issued and reinsurance contracts held.
Report zero values for line items if they are not applicable.

Column 1   Report estimates of the present value of the future cash flows for the current reporting period.

           Report this item in accordance with AASB 17.101 (a) Disclosure.
Column 2   Report the risk adjustment for non-financial risk for the current reporting period.

           Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure.
Column 3   Report the contractual service margin (CSM) for the current reporting period.

           Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.
Column 4   Column 4 total current reporting period is a derived column and is calculated as the sum of columns 1-3.

Item 1: Opening reinsurance contract assets
Item 1  Report opening reinsurance contract assets.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 2: Opening reinsurance contract liabilities
Item 2  Report opening reinsurance contract liabilities.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.99 (b) Disclosure.

Item 3: Net balance as at beginning of reporting