Document ID: chunk:federal_register_of_legislation:F2023L00726:body:0:p18
Version: federal_register_of_legislation:F2023L00726
Segment Type: other
Provision Reference: 
Character Range: 45133–47918

representing the sum of Columns 2, 6 and 10.

                        Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (b) Disclosure.
Column 3, 7, 11 and 15  Report the contractual service margin (CSM) for the current reporting period for Australian business (3), International business (7) and Inter-region elimination (11). Column 15 for Total business is a derived column representing the sum of Columns 3, 7 and 11.

                        Report this item in accordance with AASB 17 Appendix A and AASB 17.101 (c) Disclosure.
Column 4, 8, 12 and 16  Column 4, total for the current reporting period for Australian business (4) is a derived column and is calculated as the sum of columns 1-3. Column 8, total for the current reporting period for International business is a derived column and is calculated as the sum of columns 5-7. Column 12, total for the current reporting period for Inter-region elimination is a derived column and is calculated as the sum of columns 9-11. Column 16, for total current reporting period, for Total business is a derived column and is calculated as the sum of columns 13 to 15.

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 period
Item 3  Item 3, net balance as at beginning of reporting period, is a derived item and is calculated as the sum of item 1 and item 2.

Changes in the statement of profit or loss and OCI

Items 4-7: Changes that relate to current services
Item 4  Report CSM recognised for services received.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (i) Disclosure.
Item 5  Report change in risk adjustment for non-financial risk for risk expired.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (ii) Disclosure.
Item 6  Report experience adjustments.

        Report this item in accordance with AASB 17 Appendix A and AASB 17.104 (b) (iii) Disclosure.
Item 7  Item 7, total changes that relate to current services, is a derived item and is calculated as the sum of items 4 to 6 inclusive.

Items 8-12: Changes that relate to future services
Item 8   Report contracts initially recognised in the period.

         Report this item in accordance with AASB 17.104 (a) (iii) Disclosure.
Item 9   Report changes in recoveries of losses on onerous underlying contracts that adjust the CSM.

         Report this item in