{"id":"F2025L00010","name":"Financial Sector (Collection of Data) (reporting standard) determination No. 2 of 2025","slug":"financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":105794,"registerId":"commonwealth-F2025L00010-current","compilationNumber":null,"startDate":"2026-04-03","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Reporting Standard SRS 340.0","sectionType":"part","heading":"Reporting Standard SRS 340.0","content":"![Commonwealth Coat of Arms of Australia](image.001.png)\n\nFinancial Sector (Collection of Data) (reporting standard) determination No. 2 of 2025\n\nReporting Standard SRS 340.0 RSE Licensee Financial Statements\n\nFinancial Sector (Collection of Data) Act 2001\n\nI, Andrew Robertson, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act), determine Reporting Standard SRS 340.0 RSE Licensee Financial Statements, in the form set out in the Schedule, which applies to financial sector entities to the extent provided in paragraph 3 of that reporting standard.\n\nUnder section 15 of the Act, I declare that Reporting Standard SRS 340.0 RSE Licensee Financial Statements shall begin to apply to those financial sector entities at the start of the day after the day this instrument is registered on the Federal Register of Legislation.\n\nThis instrument commences at the start of the day after the day it is registered on the Federal Register of Legislation.\n\nDated: 06 January 2025\n\nAndrew Robertson\n\nChief Data Officer\n\nTechnology and Data Division\n\nInterpretation\n\nIn this instrument:\n\nAPRA means the Australian Prudential Regulation Authority.\n\nFederal Register of Legislation means the register established and maintained under section 15A of the Legislation Act 2003.\n\nfinancial sector entity means financial sector entities of a kind referred to in paragraphs 5(2)(a) to (d)has the meaning given by section 5 of the Act.\n\nSchedule\n\nReporting Standard SRS 340.0 RSE Licensee Financial Statements comprises the document commencing on the following page.\n\n \n\n![Commonwealth Coat of Arms of Australia](image.002.png)\n\n# Reporting Standard SRS 340.0\n\n# RSE Licensee Financial Statements\n\n![](image.003.png)\n\n### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.\n\n### Purpose\n\n1. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It may also be used by the Australian Securities and Investments Commission.\n\n### Application\n\n1. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of its business operations[\\[1\\]](#_ftn1).\n\n### Commencement\n\n1. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.\n\n### Reporting periods\n\n1. Reporting periods for which the RSE Licensee must provide information under this Reporting Standard and the due dates are set out in the table below.\n\n| Reporting Form | Reporting Table | Reporting Period | Due date | First reporting period |\n| ------------------------------------------------------- | ----------------------------------------- | ------------------- | --------------------------------------------------------------- | -------------------------------------------------------- |\n| SRF 340.0 RSE licensee financial statements (SRF 340.0) | Table 1 Statement of comprehensive income | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n| SRF 340.0 | Table 2 Statement of financial position | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n| SRF 340.0 | Table 3 Statement of changes in equity | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n| SRF 340.0 | Table 4 Related Party Disclosures | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n\nNotices\n\n1. If, having regard to the particular circumstances of an RSE licensee, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE Licensee.\n2. Where APRA has changed the reporting periods under paragraph 6, the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n3. APRA may grant, in writing, an RSE licensee an extension of a due date, in which case the new due date for the provision of the information will be the due date on the specified notice of extension.\n\nNote: For the avoidance of doubt, APRA’s expectation is that if the due date falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.\n\n### Form and method of submission\n\n1. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.\n\n### Quality control\n\n1. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE licensee to which the information relates[\\[2\\]](#_ftn2). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n \n 1. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n \n 1. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n2. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.\n\n### Authorisation\n\n1. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.\n2. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n 1. obtain from the agent a copy of the completed form with the information provided to APRA; and\n 2. retain the completed copy.\n3. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n 1. the Chief Executive Officer of the RSE licensee; or\n 2. the Chief Financial Officer of the RSE licensee.\n\n### Minor alterations to forms and instructions\n\n1. APRA may make minor variations to:\n 1. a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n 2. the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n1. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.\n\n### Interpretation\n\n1. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[3\\]](#_ftn3).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndue date means the relevant due date under paragraphs 5, 7, or if applicable, paragraph 8 of this Reporting Standard.\n\nfinancial year means the financial year (within the meaning of the Corporations Act 2001) of the RSE Licensee.\n\nreporting period means a period mentioned in paragraph 5, or if applicable, paragraph 6 of this Reporting Standard.\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\nSRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.\n\n1. In this Reporting Standard, unless an instrument not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n2. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.\n\n#","sortOrder":0},{"sectionNumber":"RSE Licensee Financial Statements","sectionType":"part","heading":"RSE Licensee Financial Statements","content":"# RSE Licensee Financial Statements\n\n![](image.003.png)","sortOrder":1},{"sectionNumber":"Authority","sectionType":"division","heading":"Authority","content":"### Authority\n\n1. This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.","sortOrder":2},{"sectionNumber":"Purpose","sectionType":"division","heading":"Purpose","content":"### Purpose\n\n1. Information collected under this Reporting Standard is used by APRA for the purposes of prudential supervision and publication. It may also be used by the Australian Securities and Investments Commission.","sortOrder":3},{"sectionNumber":"Application","sectionType":"division","heading":"Application","content":"### Application\n\n1. This Reporting Standard applies to each registrable superannuation entity (RSE) licensee (RSE licensee) in respect of its business operations[\\[1\\]](#_ftn1).","sortOrder":4},{"sectionNumber":"Commencement","sectionType":"division","heading":"Commencement","content":"### Commencement\n\n1. This Reporting Standard commences at the start of the day after the day it is registered on the Federal Register of Legislation.","sortOrder":5},{"sectionNumber":"Reporting periods","sectionType":"division","heading":"Reporting periods","content":"### Reporting periods\n\n1. Reporting periods for which the RSE Licensee must provide information under this Reporting Standard and the due dates are set out in the table below.\n\n| Reporting Form | Reporting Table | Reporting Period | Due date | First reporting period |\n| ------------------------------------------------------- | ----------------------------------------- | ------------------- | --------------------------------------------------------------- | -------------------------------------------------------- |\n| SRF 340.0 RSE licensee financial statements (SRF 340.0) | Table 1 Statement of comprehensive income | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n| SRF 340.0 | Table 2 Statement of financial position | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n| SRF 340.0 | Table 3 Statement of changes in equity | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n| SRF 340.0 | Table 4 Related Party Disclosures | Each financial year | Within 3 months after the end of the relevant reporting period. | The first financial year ending on or after 30 June 2025 |\n\nNotices\n\n1. If, having regard to the particular circumstances of an RSE licensee, APRA considers it necessary or desirable to obtain information more or less frequently than as provided by paragraph 5, APRA may, by notice in writing, change the reporting periods for the particular RSE Licensee.\n2. Where APRA has changed the reporting periods under paragraph 6, the RSE licensee must provide the relevant information within the time specified by the notice in writing.\n3. APRA may grant, in writing, an RSE licensee an extension of a due date, in which case the new due date for the provision of the information will be the due date on the specified notice of extension.\n\nNote: For the avoidance of doubt, APRA’s expectation is that if the due date falls on a day other than a usual business day, an RSE licensee will submit the information required no later than the due date.","sortOrder":6},{"sectionNumber":"Form and method of submission","sectionType":"division","heading":"Form and method of submission","content":"### Form and method of submission\n\n1. The information required by this Reporting Standard must be given to APRA in electronic format using an electronic method available on APRA’s website or by a method notified by APRA prior to submission.","sortOrder":7},{"sectionNumber":"Quality control","sectionType":"division","heading":"Quality control","content":"### Quality control\n\n1. The information provided by an RSE licensee under this Reporting Standard must be the product of systems, procedures and internal controls that have been reviewed and tested by the RSE auditor of the RSE licensee to which the information relates[\\[2\\]](#_ftn2). This will require the RSE auditor to review and test the RSE licensee’s systems, procedures and internal controls designed to enable the RSE licensee to report reliable information to APRA. This review and testing must be done on:\n \n 1. an annual basis or more frequently if necessary to enable the RSE auditor to form an opinion on the reliability and accuracy of information; and\n \n 1. at least a limited assurance engagement consistent with professional standards and guidance notes issued by the Auditing and Assurance Standards Board as may be amended from time to time, to the extent that they are not inconsistent with the requirements of Prudential Standard SPS 310 Audit and Related Matters (SPS 310).\n2. All information provided by an RSE licensee under this Reporting Standard must be subject to systems, processes and controls developed by the RSE licensee for the internal review and authorisation of that information. It is the responsibility of the Board and senior management of the RSE licensee to ensure that an appropriate set of policies, procedures and controls for the authorisation of information submitted to APRA is in place.","sortOrder":8},{"sectionNumber":"Authorisation","sectionType":"division","heading":"Authorisation","content":"### Authorisation\n\n1. When an officer or agent of an RSE licensee provides the information required by this Reporting Standard using an electronic format, the officer or agent must digitally sign the relevant information using a digital certificate acceptable to APRA.\n2. If the information required by this Reporting Standard is provided by an agent who submits the information on the RSE licensee’s behalf, the RSE licensee must:\n 1. obtain from the agent a copy of the completed form with the information provided to APRA; and\n 2. retain the completed copy.\n3. An officer or agent of an RSE licensee who submits the information under this Reporting Standard for, or on behalf of, the RSE licensee must be authorised by either:\n 1. the Chief Executive Officer of the RSE licensee; or\n 2. the Chief Financial Officer of the RSE licensee.","sortOrder":9},{"sectionNumber":"Minor alterations to forms and instructi","sectionType":"division","heading":"Minor alterations to forms and instructions","content":"### Minor alterations to forms and instructions\n\n1. APRA may make minor variations to:\n 1. a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or\n 2. the instructions to a form, to clarify their application to the form,\n\nwithout changing any substantive requirement in the form or instructions.\n\n1. If APRA makes such a variation, it must notify each RSE licensee that is required to report under this Reporting Standard.","sortOrder":10},{"sectionNumber":"Interpretation","sectionType":"division","heading":"Interpretation","content":"### Interpretation\n\n1. In this Reporting Standard:\n\nAPRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.\n\nChief Executive Officer means the chief executive officer of the RSE licensee, by whatever name called, and whether or not he or she is a member of the Board of the RSE licensee[\\[3\\]](#_ftn3).\n\nChief Financial Officer means the chief financial officer of the RSE licensee, by whatever name called.\n\ndue date means the relevant due date under paragraphs 5, 7, or if applicable, paragraph 8 of this Reporting Standard.\n\nfinancial year means the financial year (within the meaning of the Corporations Act 2001) of the RSE Licensee.\n\nreporting period means a period mentioned in paragraph 5, or if applicable, paragraph 6 of this Reporting Standard.\n\nRSE auditor means an auditor appointed by the RSE licensee to perform functions under this Reporting Standard.\n\nRSE licensee has the meaning given in subsection 10(1) of the SIS Act.\n\nSIS Act means Superannuation Industry (Supervision) Act 1993.\n\nSRS 101.0 means Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections.\n\n1. In this Reporting Standard, unless an instrument not disallowable or a contrary intention appears, a reference to an Act, Regulation, Prudential Standard, Reporting Standard, Australian Accounting Standard or Auditing Standard is a reference to the instrument as in force or existing from time to time.\n2. Where this Reporting Standard provides for APRA to exercise a power or discretion, this power or discretion is to be exercised in writing.\n\n#","sortOrder":11},{"sectionNumber":"Reporting Form SRF 340.0","sectionType":"part","heading":"Reporting Form SRF 340.0","content":"# Reporting Form SRF 340.0\n\n# RSE Licensee Financial Statements\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 340.0 RSE Licensee Financial Statements (SRF 340.0). This form collects information relating to the RSE licensee’s audited financial statements and reports.\n\n## General directions and notes\n\n### Reporting level\n\nSRF 340.0 must be completed for each RSE licensee in respect of its business operations.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. \n\n### Reporting basis and units of measurement\n\nIn completing the reporting standards, unless otherwise specifically stated, reporting RSE Licensees are to report in accordance with the relevant Australian Accounting Standards.\n\nReport values in this Reporting Standard in whole Australian dollars (AUD) with no decimal place.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\n### Specific instructions\n\n### Table 1: Statement of comprehensive income\n\nReport each revenue and expense item listed in Table 1 that the RSE Licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Report expenses as negative values.\n\nWhere certain expense items are aggregated into a single service fee and are not available by expense category, report the total amount in ‘Other Expenses’ and leave the other relevant expense item field blank. For example, if RSE licensee expenses comprise a single, non-itemised payment to a service provider to cover both ‘Administration expenses’ and ‘Occupancy expenses’, report the total expense amount under ‘Other expenses’ and leave the ‘Administration expenses’ and 'Occupancy expenses' fields blank.\n\nAPRA expects where revenue and expense items are able to be broken down into separate items, that they be reported under the relevant category. For example, where Director Remuneration and Executive Remuneration have been quantified to meet other disclosure requirements, they should be reported separately in this table.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| ------------------------------------------------- | --- | ------------------------------------------------------------------------------------------------------------------------- |\n| 1. Revenue | | Item 1 Revenue, is a derived item calculated as the sum of item 1.1 to item 1.5. |\n| 1.1 Trustee service fees (superannuation related) | | Report service fees related to trustee services provided by the RSE Licensee. |\n| 1.2 Trustee risk reserve fees | | Report Trustee risk reserve fees paid to the trustee. |\n| 1.3 Other service fees | | Report service fees related to other services (non-trustee related) provided by the RSE Licensee. |\n| 1.4 Interest income | | Report interest income. |\n| 1.5 Other revenue | | Report all other revenue that is not reported elsewhere. |\n| 2. Expenses | | Item 2 Expenses, is a derived item calculated as the sum of item 2.1 to item 2.7. |\n| 2.1 Employee expenses | | Item 2.1 Employee expenses, is a derived item calculated as the sum of item 2.1.1 and item 2.1.2. |\n| 2.1.1 Executive remuneration | | Report Executive Remuneration. |\n| 2.1.2 Staff wages | | Report Staff wages. |\n| 2.2 Directors' expenses | | Report Director Remuneration. |\n| 2.3 Administration expenses | | Report administration expenses (excluding occupancy expenses). |\n| 2.4 Occupancy expenses | | Report occupancy expenses. |\n| 2.5 Regulatory levies or fees | | Report all fees and levies paid to regulatory bodies such as APRA and ASIC. |\n| 2.6 Regulatory fines or penalties | | Report all fines and penalties paid to regulatory bodies such as APRA and ASIC. |\n| 2.7 Other expenses | | Report all other expenses that are not reported elsewhere. |\n| 3. Net profit / (loss) before tax | | Item 3 Net profit / (loss) before tax, is a derived item calculated as the difference between item 1 and item 2. |\n| 4. Income tax (expense) / benefit | | Report RSE licensee income tax (expense)/benefit. Report expenses as a negative number and benefits as a positive number. |\n| 5. Net profit / (loss) after tax | | Item 5 Net profit / (loss) after tax, is a derived item calculated as the difference between item 3 and item 4. |\n| 6. Other comprehensive income | | Report RSE Licensee other comprehensive income. |\n| 7. Total comprehensive income | | Item 7 Total comprehensive income, is a derived item calculated as the sum of item 5 and item 6. |\n\n### Table 2: Statement of financial position\n\nReport asset, liability and equity items listed in Table 2 that the RSE licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Reporting of reserves should reflect the risk reserve structure within the RSE licensee. ‘Other Reserves’ should include all reserves which are maintained to indemnify trustees from the assets of the trust.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| --------------------------------- | --- | ------------------------------------------------------------------------------------------ |\n| 1. Total Assets | | Item 1 Total Assets, is a derived item calculated as the sum of item 1.1 to item 1.6. |\n| 1.1 Cash and cash equivalents | | Report cash and cash equivalents. |\n| 1.2 Trade and other receivables | | Report trade and other receivables. |\n| 1.3 Financial assets | | Report financial assets. |\n| 1.4 Property, plant and equipment | | Report property, plant and equipment net of depreciation. |\n| 1.5 Deferred tax assets | | Report deferred tax assets. |\n| 1.6 Other assets | | Report all other assets that are not reported elsewhere. |\n| 2. Total Liabilities | | Item 2 Total Liabilities, is a derived item calculated as the sum of item 2.1 to item 2.4. |\n| 2.1 Trade and other payables | | Report trade and other payables. |\n| 2.2 Deferred tax liabilities | | Report deferred tax liabilities. |\n| 2.3 Employee benefits | | Report provisions for employee benefits. |\n| 2.4 Other liabilities | | Report all other liabilities that are not reported elsewhere. |\n| 3. Net Assets | | Item 3 Net Assets, is a derived item calculated as item 1 minus item 2. |\n| 4. Total Equity | | Item 4 Total Equity, is a derived item calculated as the sum of item 4.1 to item 4.4. |\n| 4.1 Contributed equity | | Report contributed equity. |\n| 4.2 Trustee risk reserves | | Report trustee risk reserves. |\n| 4.3 Other reserves | | Report all other reserves that are not reported elsewhere. |\n| 4.4 Retained earnings/(losses) | | Report retained earnings/(losses). Report retained losses as a negative number. |\n\n### Table 3: Statement of changes in equity\n\nFor each category of equity type listed in the Table 3 columns ‘Contributed equity’, ‘Trustee risk reserve’, ‘Other reserves’ and ‘Retained earnings/(losses)’, report opening balances and all movements in equity over the reporting period. Report movements in equity out of the RSE licensee as negative values. The ‘Total equity’ column is a derived item calculated as the sum of all the Table 3 columns. Item 1.4 ‘Transactions with owners in their capacity as owners’ is a derived item calculated as the sum of items 1.4.1 and 1.4.2. The Table 3 row ‘Balance at the end of the year’ is a derived item calculated as the sum of all the row items 1. to 1.4. For any items with nil value, leave the field blank.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | Contributed equity | Trustee risk reserve | Other reserves | Retained earnings/ (losses) | Total equity |\n| --------------------------------------------------------------------------------------------------- | ------------------ | -------------------- | -------------- | --------------------------- | ------------ |\n| 1. Balance at the beginning of the year | | | | | |\n| 1.1 Total comprehensive income for the year | | | | | |\n| 1.2 Net transfers between reserves | | | | | |\n| 1.3 Payments from reserves | | | | | |\n| 1.4 Transactions with owners in their capacity as owners (includes dividends provided for or paid). | | | | | |\n| 1.41 Dividends provided for or paid | | | | | |\n| 1.42 Other | | | | | |\n| 2. Balance at the end of the year | | | | | |\n\n### Table 4: Related Party Disclosures\n\nReport all Related Party (AASB 124) transactions, as disclosed in the RSE Licensee Annual Financial Report, which occurred between the RSE Licensee and related parties for the relevant reporting period.\n\nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | --------------------------------------------------------- | ----------------- | ------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| 1 | Related Party (AASB 124) Name | Y | All filers | Free text | Report the Related Party (AASB 124) business name. |\n| 2 | Related Party (AASB 124) Australian Business Number (ABN) | | All filers | ABN Integer | Report the Related Party (AASB 124) ABN. Where the ABN is not available, report the Related Party (AASB 124) Counterparty identifier (LEI) in Column 3. |\n| 3 | Related Party (AASB 124) Counterparty identifier (LEI) | | All filers | LEI Alpha-numeric code | Where an ABN is not available report the Counterparty identifier (LEI) for the Related Party (AASB 124). |\n| 4 | Related Party (AASB 124) Relationship Type | Y | All filers | ParentControlled, jointly controlled or significantly influencedSubsidiaryAssociatesJoint ventureKey management personnel of entity or parentOther related party | Report the Related Party (AASB 124) relationship type. |\n| 5 | Related Party (AASB 124) Transaction Type | Y | All filers | Administration ServicesTrustee BoardMarketingOther | Report the Related Party (AASB 124) transaction type for the transaction. |\n| 6 | Related Party (AASB 124) Transaction Type - Other | | All filers | Free text | Report the description of the 'Other' Related Party (AASB 124) transaction type. Otherwise, leave this field blank. |\n| 7 | Payment From RSE Licensee To Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE Licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from RSE licensee to Related Party (AASB 124) on a separate line. |\n| 8 | Payment To RSE Licensee From Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from Related Party (AASB 124) to RSE licensee on a separate line. |","sortOrder":12},{"sectionNumber":"Instruction Guide","sectionType":"part","heading":"Instruction Guide","content":"# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 340.0 RSE Licensee Financial Statements (SRF 340.0). This form collects information relating to the RSE licensee’s audited financial statements and reports.","sortOrder":14},{"sectionNumber":"General directions and notes","sectionType":"part","heading":"General directions and notes","content":"# Reporting Form SRF 340.0\n\n# RSE Licensee Financial Statements\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 340.0 RSE Licensee Financial Statements (SRF 340.0). This form collects information relating to the RSE licensee’s audited financial statements and reports.\n\n## General directions and notes\n\n### Reporting level\n\nSRF 340.0 must be completed for each RSE licensee in respect of its business operations.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. \n\n### Reporting basis and units of measurement\n\nIn completing the reporting standards, unless otherwise specifically stated, reporting RSE Licensees are to report in accordance with the relevant Australian Accounting Standards.\n\nReport values in this Reporting Standard in whole Australian dollars (AUD) with no decimal place.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\n### Specific instructions\n\n### Table 1: Statement of comprehensive income\n\nReport each revenue and expense item listed in Table 1 that the RSE Licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Report expenses as negative values.\n\nWhere certain expense items are aggregated into a single service fee and are not available by expense category, report the total amount in ‘Other Expenses’ and leave the other relevant expense item field blank. For example, if RSE licensee expenses comprise a single, non-itemised payment to a service provider to cover both ‘Administration expenses’ and ‘Occupancy expenses’, report the total expense amount under ‘Other expenses’ and leave the ‘Administration expenses’ and 'Occupancy expenses' fields blank.\n\nAPRA expects where revenue and expense items are able to be broken down into separate items, that they be reported under the relevant category. For example, where Director Remuneration and Executive Remuneration have been quantified to meet other disclosure requirements, they should be reported separately in this table.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| ------------------------------------------------- | --- | ------------------------------------------------------------------------------------------------------------------------- |\n| 1. Revenue | | Item 1 Revenue, is a derived item calculated as the sum of item 1.1 to item 1.5. |\n| 1.1 Trustee service fees (superannuation related) | | Report service fees related to trustee services provided by the RSE Licensee. |\n| 1.2 Trustee risk reserve fees | | Report Trustee risk reserve fees paid to the trustee. |\n| 1.3 Other service fees | | Report service fees related to other services (non-trustee related) provided by the RSE Licensee. |\n| 1.4 Interest income | | Report interest income. |\n| 1.5 Other revenue | | Report all other revenue that is not reported elsewhere. |\n| 2. Expenses | | Item 2 Expenses, is a derived item calculated as the sum of item 2.1 to item 2.7. |\n| 2.1 Employee expenses | | Item 2.1 Employee expenses, is a derived item calculated as the sum of item 2.1.1 and item 2.1.2. |\n| 2.1.1 Executive remuneration | | Report Executive Remuneration. |\n| 2.1.2 Staff wages | | Report Staff wages. |\n| 2.2 Directors' expenses | | Report Director Remuneration. |\n| 2.3 Administration expenses | | Report administration expenses (excluding occupancy expenses). |\n| 2.4 Occupancy expenses | | Report occupancy expenses. |\n| 2.5 Regulatory levies or fees | | Report all fees and levies paid to regulatory bodies such as APRA and ASIC. |\n| 2.6 Regulatory fines or penalties | | Report all fines and penalties paid to regulatory bodies such as APRA and ASIC. |\n| 2.7 Other expenses | | Report all other expenses that are not reported elsewhere. |\n| 3. Net profit / (loss) before tax | | Item 3 Net profit / (loss) before tax, is a derived item calculated as the difference between item 1 and item 2. |\n| 4. Income tax (expense) / benefit | | Report RSE licensee income tax (expense)/benefit. Report expenses as a negative number and benefits as a positive number. |\n| 5. Net profit / (loss) after tax | | Item 5 Net profit / (loss) after tax, is a derived item calculated as the difference between item 3 and item 4. |\n| 6. Other comprehensive income | | Report RSE Licensee other comprehensive income. |\n| 7. Total comprehensive income | | Item 7 Total comprehensive income, is a derived item calculated as the sum of item 5 and item 6. |\n\n### Table 2: Statement of financial position\n\nReport asset, liability and equity items listed in Table 2 that the RSE licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Reporting of reserves should reflect the risk reserve structure within the RSE licensee. ‘Other Reserves’ should include all reserves which are maintained to indemnify trustees from the assets of the trust.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| --------------------------------- | --- | ------------------------------------------------------------------------------------------ |\n| 1. Total Assets | | Item 1 Total Assets, is a derived item calculated as the sum of item 1.1 to item 1.6. |\n| 1.1 Cash and cash equivalents | | Report cash and cash equivalents. |\n| 1.2 Trade and other receivables | | Report trade and other receivables. |\n| 1.3 Financial assets | | Report financial assets. |\n| 1.4 Property, plant and equipment | | Report property, plant and equipment net of depreciation. |\n| 1.5 Deferred tax assets | | Report deferred tax assets. |\n| 1.6 Other assets | | Report all other assets that are not reported elsewhere. |\n| 2. Total Liabilities | | Item 2 Total Liabilities, is a derived item calculated as the sum of item 2.1 to item 2.4. |\n| 2.1 Trade and other payables | | Report trade and other payables. |\n| 2.2 Deferred tax liabilities | | Report deferred tax liabilities. |\n| 2.3 Employee benefits | | Report provisions for employee benefits. |\n| 2.4 Other liabilities | | Report all other liabilities that are not reported elsewhere. |\n| 3. Net Assets | | Item 3 Net Assets, is a derived item calculated as item 1 minus item 2. |\n| 4. Total Equity | | Item 4 Total Equity, is a derived item calculated as the sum of item 4.1 to item 4.4. |\n| 4.1 Contributed equity | | Report contributed equity. |\n| 4.2 Trustee risk reserves | | Report trustee risk reserves. |\n| 4.3 Other reserves | | Report all other reserves that are not reported elsewhere. |\n| 4.4 Retained earnings/(losses) | | Report retained earnings/(losses). Report retained losses as a negative number. |\n\n### Table 3: Statement of changes in equity\n\nFor each category of equity type listed in the Table 3 columns ‘Contributed equity’, ‘Trustee risk reserve’, ‘Other reserves’ and ‘Retained earnings/(losses)’, report opening balances and all movements in equity over the reporting period. Report movements in equity out of the RSE licensee as negative values. The ‘Total equity’ column is a derived item calculated as the sum of all the Table 3 columns. Item 1.4 ‘Transactions with owners in their capacity as owners’ is a derived item calculated as the sum of items 1.4.1 and 1.4.2. The Table 3 row ‘Balance at the end of the year’ is a derived item calculated as the sum of all the row items 1. to 1.4. For any items with nil value, leave the field blank.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | Contributed equity | Trustee risk reserve | Other reserves | Retained earnings/ (losses) | Total equity |\n| --------------------------------------------------------------------------------------------------- | ------------------ | -------------------- | -------------- | --------------------------- | ------------ |\n| 1. Balance at the beginning of the year | | | | | |\n| 1.1 Total comprehensive income for the year | | | | | |\n| 1.2 Net transfers between reserves | | | | | |\n| 1.3 Payments from reserves | | | | | |\n| 1.4 Transactions with owners in their capacity as owners (includes dividends provided for or paid). | | | | | |\n| 1.41 Dividends provided for or paid | | | | | |\n| 1.42 Other | | | | | |\n| 2. Balance at the end of the year | | | | | |\n\n### Table 4: Related Party Disclosures\n\nReport all Related Party (AASB 124) transactions, as disclosed in the RSE Licensee Annual Financial Report, which occurred between the RSE Licensee and related parties for the relevant reporting period.\n\nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | --------------------------------------------------------- | ----------------- | ------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| 1 | Related Party (AASB 124) Name | Y | All filers | Free text | Report the Related Party (AASB 124) business name. |\n| 2 | Related Party (AASB 124) Australian Business Number (ABN) | | All filers | ABN Integer | Report the Related Party (AASB 124) ABN. Where the ABN is not available, report the Related Party (AASB 124) Counterparty identifier (LEI) in Column 3. |\n| 3 | Related Party (AASB 124) Counterparty identifier (LEI) | | All filers | LEI Alpha-numeric code | Where an ABN is not available report the Counterparty identifier (LEI) for the Related Party (AASB 124). |\n| 4 | Related Party (AASB 124) Relationship Type | Y | All filers | ParentControlled, jointly controlled or significantly influencedSubsidiaryAssociatesJoint ventureKey management personnel of entity or parentOther related party | Report the Related Party (AASB 124) relationship type. |\n| 5 | Related Party (AASB 124) Transaction Type | Y | All filers | Administration ServicesTrustee BoardMarketingOther | Report the Related Party (AASB 124) transaction type for the transaction. |\n| 6 | Related Party (AASB 124) Transaction Type - Other | | All filers | Free text | Report the description of the 'Other' Related Party (AASB 124) transaction type. Otherwise, leave this field blank. |\n| 7 | Payment From RSE Licensee To Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE Licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from RSE licensee to Related Party (AASB 124) on a separate line. |\n| 8 | Payment To RSE Licensee From Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from Related Party (AASB 124) to RSE licensee on a separate line. |","sortOrder":15},{"sectionNumber":"Reporting level","sectionType":"division","heading":"Reporting level","content":"### Reporting level\n\nSRF 340.0 must be completed for each RSE licensee in respect of its business operations.","sortOrder":16},{"sectionNumber":"Reporting tables","sectionType":"division","heading":"Reporting tables","content":"### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported.","sortOrder":17},{"sectionNumber":"Reporting basis and units of measurement","sectionType":"division","heading":"Reporting basis and units of measurement","content":"### Reporting basis and units of measurement\n\nIn completing the reporting standards, unless otherwise specifically stated, reporting RSE Licensees are to report in accordance with the relevant Australian Accounting Standards.\n\nReport values in this Reporting Standard in whole Australian dollars (AUD) with no decimal place.","sortOrder":18},{"sectionNumber":"Definitions","sectionType":"division","heading":"Definitions","content":"### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).","sortOrder":19},{"sectionNumber":"Specific instructions","sectionType":"division","heading":"Specific instructions","content":"# Reporting Form SRF 340.0\n\n# RSE Licensee Financial Statements\n\n# Instruction Guide\n\nThis instruction guide is designed to assist in the completion of Reporting Form SRF 340.0 RSE Licensee Financial Statements (SRF 340.0). This form collects information relating to the RSE licensee’s audited financial statements and reports.\n\n## General directions and notes\n\n### Reporting level\n\nSRF 340.0 must be completed for each RSE licensee in respect of its business operations.\n\n### Reporting tables\n\nTables described in this reporting form list each of the data fields required to be reported. \n\n### Reporting basis and units of measurement\n\nIn completing the reporting standards, unless otherwise specifically stated, reporting RSE Licensees are to report in accordance with the relevant Australian Accounting Standards.\n\nReport values in this Reporting Standard in whole Australian dollars (AUD) with no decimal place.\n\n### Definitions\n\nTerms highlighted in bold italics indicate that the definition is provided in Reporting Standard SRS 101.0 Definitions for Superannuation Data Collections (SRS 101.0).\n\n### Specific instructions\n\n### Table 1: Statement of comprehensive income\n\nReport each revenue and expense item listed in Table 1 that the RSE Licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Report expenses as negative values.\n\nWhere certain expense items are aggregated into a single service fee and are not available by expense category, report the total amount in ‘Other Expenses’ and leave the other relevant expense item field blank. For example, if RSE licensee expenses comprise a single, non-itemised payment to a service provider to cover both ‘Administration expenses’ and ‘Occupancy expenses’, report the total expense amount under ‘Other expenses’ and leave the ‘Administration expenses’ and 'Occupancy expenses' fields blank.\n\nAPRA expects where revenue and expense items are able to be broken down into separate items, that they be reported under the relevant category. For example, where Director Remuneration and Executive Remuneration have been quantified to meet other disclosure requirements, they should be reported separately in this table.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| ------------------------------------------------- | --- | ------------------------------------------------------------------------------------------------------------------------- |\n| 1. Revenue | | Item 1 Revenue, is a derived item calculated as the sum of item 1.1 to item 1.5. |\n| 1.1 Trustee service fees (superannuation related) | | Report service fees related to trustee services provided by the RSE Licensee. |\n| 1.2 Trustee risk reserve fees | | Report Trustee risk reserve fees paid to the trustee. |\n| 1.3 Other service fees | | Report service fees related to other services (non-trustee related) provided by the RSE Licensee. |\n| 1.4 Interest income | | Report interest income. |\n| 1.5 Other revenue | | Report all other revenue that is not reported elsewhere. |\n| 2. Expenses | | Item 2 Expenses, is a derived item calculated as the sum of item 2.1 to item 2.7. |\n| 2.1 Employee expenses | | Item 2.1 Employee expenses, is a derived item calculated as the sum of item 2.1.1 and item 2.1.2. |\n| 2.1.1 Executive remuneration | | Report Executive Remuneration. |\n| 2.1.2 Staff wages | | Report Staff wages. |\n| 2.2 Directors' expenses | | Report Director Remuneration. |\n| 2.3 Administration expenses | | Report administration expenses (excluding occupancy expenses). |\n| 2.4 Occupancy expenses | | Report occupancy expenses. |\n| 2.5 Regulatory levies or fees | | Report all fees and levies paid to regulatory bodies such as APRA and ASIC. |\n| 2.6 Regulatory fines or penalties | | Report all fines and penalties paid to regulatory bodies such as APRA and ASIC. |\n| 2.7 Other expenses | | Report all other expenses that are not reported elsewhere. |\n| 3. Net profit / (loss) before tax | | Item 3 Net profit / (loss) before tax, is a derived item calculated as the difference between item 1 and item 2. |\n| 4. Income tax (expense) / benefit | | Report RSE licensee income tax (expense)/benefit. Report expenses as a negative number and benefits as a positive number. |\n| 5. Net profit / (loss) after tax | | Item 5 Net profit / (loss) after tax, is a derived item calculated as the difference between item 3 and item 4. |\n| 6. Other comprehensive income | | Report RSE Licensee other comprehensive income. |\n| 7. Total comprehensive income | | Item 7 Total comprehensive income, is a derived item calculated as the sum of item 5 and item 6. |\n\n### Table 2: Statement of financial position\n\nReport asset, liability and equity items listed in Table 2 that the RSE licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Reporting of reserves should reflect the risk reserve structure within the RSE licensee. ‘Other Reserves’ should include all reserves which are maintained to indemnify trustees from the assets of the trust.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| --------------------------------- | --- | ------------------------------------------------------------------------------------------ |\n| 1. Total Assets | | Item 1 Total Assets, is a derived item calculated as the sum of item 1.1 to item 1.6. |\n| 1.1 Cash and cash equivalents | | Report cash and cash equivalents. |\n| 1.2 Trade and other receivables | | Report trade and other receivables. |\n| 1.3 Financial assets | | Report financial assets. |\n| 1.4 Property, plant and equipment | | Report property, plant and equipment net of depreciation. |\n| 1.5 Deferred tax assets | | Report deferred tax assets. |\n| 1.6 Other assets | | Report all other assets that are not reported elsewhere. |\n| 2. Total Liabilities | | Item 2 Total Liabilities, is a derived item calculated as the sum of item 2.1 to item 2.4. |\n| 2.1 Trade and other payables | | Report trade and other payables. |\n| 2.2 Deferred tax liabilities | | Report deferred tax liabilities. |\n| 2.3 Employee benefits | | Report provisions for employee benefits. |\n| 2.4 Other liabilities | | Report all other liabilities that are not reported elsewhere. |\n| 3. Net Assets | | Item 3 Net Assets, is a derived item calculated as item 1 minus item 2. |\n| 4. Total Equity | | Item 4 Total Equity, is a derived item calculated as the sum of item 4.1 to item 4.4. |\n| 4.1 Contributed equity | | Report contributed equity. |\n| 4.2 Trustee risk reserves | | Report trustee risk reserves. |\n| 4.3 Other reserves | | Report all other reserves that are not reported elsewhere. |\n| 4.4 Retained earnings/(losses) | | Report retained earnings/(losses). Report retained losses as a negative number. |\n\n### Table 3: Statement of changes in equity\n\nFor each category of equity type listed in the Table 3 columns ‘Contributed equity’, ‘Trustee risk reserve’, ‘Other reserves’ and ‘Retained earnings/(losses)’, report opening balances and all movements in equity over the reporting period. Report movements in equity out of the RSE licensee as negative values. The ‘Total equity’ column is a derived item calculated as the sum of all the Table 3 columns. Item 1.4 ‘Transactions with owners in their capacity as owners’ is a derived item calculated as the sum of items 1.4.1 and 1.4.2. The Table 3 row ‘Balance at the end of the year’ is a derived item calculated as the sum of all the row items 1. to 1.4. For any items with nil value, leave the field blank.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | Contributed equity | Trustee risk reserve | Other reserves | Retained earnings/ (losses) | Total equity |\n| --------------------------------------------------------------------------------------------------- | ------------------ | -------------------- | -------------- | --------------------------- | ------------ |\n| 1. Balance at the beginning of the year | | | | | |\n| 1.1 Total comprehensive income for the year | | | | | |\n| 1.2 Net transfers between reserves | | | | | |\n| 1.3 Payments from reserves | | | | | |\n| 1.4 Transactions with owners in their capacity as owners (includes dividends provided for or paid). | | | | | |\n| 1.41 Dividends provided for or paid | | | | | |\n| 1.42 Other | | | | | |\n| 2. Balance at the end of the year | | | | | |\n\n### Table 4: Related Party Disclosures\n\nReport all Related Party (AASB 124) transactions, as disclosed in the RSE Licensee Annual Financial Report, which occurred between the RSE Licensee and related parties for the relevant reporting period.\n\nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | --------------------------------------------------------- | ----------------- | ------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| 1 | Related Party (AASB 124) Name | Y | All filers | Free text | Report the Related Party (AASB 124) business name. |\n| 2 | Related Party (AASB 124) Australian Business Number (ABN) | | All filers | ABN Integer | Report the Related Party (AASB 124) ABN. Where the ABN is not available, report the Related Party (AASB 124) Counterparty identifier (LEI) in Column 3. |\n| 3 | Related Party (AASB 124) Counterparty identifier (LEI) | | All filers | LEI Alpha-numeric code | Where an ABN is not available report the Counterparty identifier (LEI) for the Related Party (AASB 124). |\n| 4 | Related Party (AASB 124) Relationship Type | Y | All filers | ParentControlled, jointly controlled or significantly influencedSubsidiaryAssociatesJoint ventureKey management personnel of entity or parentOther related party | Report the Related Party (AASB 124) relationship type. |\n| 5 | Related Party (AASB 124) Transaction Type | Y | All filers | Administration ServicesTrustee BoardMarketingOther | Report the Related Party (AASB 124) transaction type for the transaction. |\n| 6 | Related Party (AASB 124) Transaction Type - Other | | All filers | Free text | Report the description of the 'Other' Related Party (AASB 124) transaction type. Otherwise, leave this field blank. |\n| 7 | Payment From RSE Licensee To Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE Licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from RSE licensee to Related Party (AASB 124) on a separate line. |\n| 8 | Payment To RSE Licensee From Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from Related Party (AASB 124) to RSE licensee on a separate line. |","sortOrder":20},{"sectionNumber":"Table 1: Statement of comprehensive inco","sectionType":"division","heading":"Table 1: Statement of comprehensive income","content":"### Table 1: Statement of comprehensive income\n\nReport each revenue and expense item listed in Table 1 that the RSE Licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Report expenses as negative values.\n\nWhere certain expense items are aggregated into a single service fee and are not available by expense category, report the total amount in ‘Other Expenses’ and leave the other relevant expense item field blank. For example, if RSE licensee expenses comprise a single, non-itemised payment to a service provider to cover both ‘Administration expenses’ and ‘Occupancy expenses’, report the total expense amount under ‘Other expenses’ and leave the ‘Administration expenses’ and 'Occupancy expenses' fields blank.\n\nAPRA expects where revenue and expense items are able to be broken down into separate items, that they be reported under the relevant category. For example, where Director Remuneration and Executive Remuneration have been quantified to meet other disclosure requirements, they should be reported separately in this table.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| ------------------------------------------------- | --- | ------------------------------------------------------------------------------------------------------------------------- |\n| 1. Revenue | | Item 1 Revenue, is a derived item calculated as the sum of item 1.1 to item 1.5. |\n| 1.1 Trustee service fees (superannuation related) | | Report service fees related to trustee services provided by the RSE Licensee. |\n| 1.2 Trustee risk reserve fees | | Report Trustee risk reserve fees paid to the trustee. |\n| 1.3 Other service fees | | Report service fees related to other services (non-trustee related) provided by the RSE Licensee. |\n| 1.4 Interest income | | Report interest income. |\n| 1.5 Other revenue | | Report all other revenue that is not reported elsewhere. |\n| 2. Expenses | | Item 2 Expenses, is a derived item calculated as the sum of item 2.1 to item 2.7. |\n| 2.1 Employee expenses | | Item 2.1 Employee expenses, is a derived item calculated as the sum of item 2.1.1 and item 2.1.2. |\n| 2.1.1 Executive remuneration | | Report Executive Remuneration. |\n| 2.1.2 Staff wages | | Report Staff wages. |\n| 2.2 Directors' expenses | | Report Director Remuneration. |\n| 2.3 Administration expenses | | Report administration expenses (excluding occupancy expenses). |\n| 2.4 Occupancy expenses | | Report occupancy expenses. |\n| 2.5 Regulatory levies or fees | | Report all fees and levies paid to regulatory bodies such as APRA and ASIC. |\n| 2.6 Regulatory fines or penalties | | Report all fines and penalties paid to regulatory bodies such as APRA and ASIC. |\n| 2.7 Other expenses | | Report all other expenses that are not reported elsewhere. |\n| 3. Net profit / (loss) before tax | | Item 3 Net profit / (loss) before tax, is a derived item calculated as the difference between item 1 and item 2. |\n| 4. Income tax (expense) / benefit | | Report RSE licensee income tax (expense)/benefit. Report expenses as a negative number and benefits as a positive number. |\n| 5. Net profit / (loss) after tax | | Item 5 Net profit / (loss) after tax, is a derived item calculated as the difference between item 3 and item 4. |\n| 6. Other comprehensive income | | Report RSE Licensee other comprehensive income. |\n| 7. Total comprehensive income | | Item 7 Total comprehensive income, is a derived item calculated as the sum of item 5 and item 6. |","sortOrder":21},{"sectionNumber":"Table 2: Statement of financial position","sectionType":"division","heading":"Table 2: Statement of financial position","content":"### Table 2: Statement of financial position\n\nReport asset, liability and equity items listed in Table 2 that the RSE licensee is able to categorise within their financial accounts. For any items with nil value, leave the field blank. Reporting of reserves should reflect the risk reserve structure within the RSE licensee. ‘Other Reserves’ should include all reserves which are maintained to indemnify trustees from the assets of the trust.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | $ | Instruction |\n| --------------------------------- | --- | ------------------------------------------------------------------------------------------ |\n| 1. Total Assets | | Item 1 Total Assets, is a derived item calculated as the sum of item 1.1 to item 1.6. |\n| 1.1 Cash and cash equivalents | | Report cash and cash equivalents. |\n| 1.2 Trade and other receivables | | Report trade and other receivables. |\n| 1.3 Financial assets | | Report financial assets. |\n| 1.4 Property, plant and equipment | | Report property, plant and equipment net of depreciation. |\n| 1.5 Deferred tax assets | | Report deferred tax assets. |\n| 1.6 Other assets | | Report all other assets that are not reported elsewhere. |\n| 2. Total Liabilities | | Item 2 Total Liabilities, is a derived item calculated as the sum of item 2.1 to item 2.4. |\n| 2.1 Trade and other payables | | Report trade and other payables. |\n| 2.2 Deferred tax liabilities | | Report deferred tax liabilities. |\n| 2.3 Employee benefits | | Report provisions for employee benefits. |\n| 2.4 Other liabilities | | Report all other liabilities that are not reported elsewhere. |\n| 3. Net Assets | | Item 3 Net Assets, is a derived item calculated as item 1 minus item 2. |\n| 4. Total Equity | | Item 4 Total Equity, is a derived item calculated as the sum of item 4.1 to item 4.4. |\n| 4.1 Contributed equity | | Report contributed equity. |\n| 4.2 Trustee risk reserves | | Report trustee risk reserves. |\n| 4.3 Other reserves | | Report all other reserves that are not reported elsewhere. |\n| 4.4 Retained earnings/(losses) | | Report retained earnings/(losses). Report retained losses as a negative number. |","sortOrder":22},{"sectionNumber":"Table 3: Statement of changes in equity","sectionType":"division","heading":"Table 3: Statement of changes in equity","content":"### Table 3: Statement of changes in equity\n\nFor each category of equity type listed in the Table 3 columns ‘Contributed equity’, ‘Trustee risk reserve’, ‘Other reserves’ and ‘Retained earnings/(losses)’, report opening balances and all movements in equity over the reporting period. Report movements in equity out of the RSE licensee as negative values. The ‘Total equity’ column is a derived item calculated as the sum of all the Table 3 columns. Item 1.4 ‘Transactions with owners in their capacity as owners’ is a derived item calculated as the sum of items 1.4.1 and 1.4.2. The Table 3 row ‘Balance at the end of the year’ is a derived item calculated as the sum of all the row items 1. to 1.4. For any items with nil value, leave the field blank.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| | Contributed equity | Trustee risk reserve | Other reserves | Retained earnings/ (losses) | Total equity |\n| --------------------------------------------------------------------------------------------------- | ------------------ | -------------------- | -------------- | --------------------------- | ------------ |\n| 1. Balance at the beginning of the year | | | | | |\n| 1.1 Total comprehensive income for the year | | | | | |\n| 1.2 Net transfers between reserves | | | | | |\n| 1.3 Payments from reserves | | | | | |\n| 1.4 Transactions with owners in their capacity as owners (includes dividends provided for or paid). | | | | | |\n| 1.41 Dividends provided for or paid | | | | | |\n| 1.42 Other | | | | | |\n| 2. Balance at the end of the year | | | | | |","sortOrder":23},{"sectionNumber":"Table 4: Related Party Disclosures","sectionType":"division","heading":"Table 4: Related Party Disclosures","content":"### Table 4: Related Party Disclosures\n\nReport all Related Party (AASB 124) transactions, as disclosed in the RSE Licensee Annual Financial Report, which occurred between the RSE Licensee and related parties for the relevant reporting period.\n\nThe Unique identifier column indicates which field or fields form the primary key of the table. Where a field has ‘Y’ in the Unique identifier column, this denotes that this field forms part of the primary key for the table. A blank cell in the Unique identifier column means that the field does not form part of the primary key for the table. Any specific combination of values in the fields that form the primary key of a table must not appear on more than one row in that table when reported.\n\n| Reporting period | |\n| ---------------- | --- |\n\n| Column | Field name | Unique identifier | Applicable to | Valid values | Description |\n| ------ | --------------------------------------------------------- | ----------------- | ------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |\n| 1 | Related Party (AASB 124) Name | Y | All filers | Free text | Report the Related Party (AASB 124) business name. |\n| 2 | Related Party (AASB 124) Australian Business Number (ABN) | | All filers | ABN Integer | Report the Related Party (AASB 124) ABN. Where the ABN is not available, report the Related Party (AASB 124) Counterparty identifier (LEI) in Column 3. |\n| 3 | Related Party (AASB 124) Counterparty identifier (LEI) | | All filers | LEI Alpha-numeric code | Where an ABN is not available report the Counterparty identifier (LEI) for the Related Party (AASB 124). |\n| 4 | Related Party (AASB 124) Relationship Type | Y | All filers | ParentControlled, jointly controlled or significantly influencedSubsidiaryAssociatesJoint ventureKey management personnel of entity or parentOther related party | Report the Related Party (AASB 124) relationship type. |\n| 5 | Related Party (AASB 124) Transaction Type | Y | All filers | Administration ServicesTrustee BoardMarketingOther | Report the Related Party (AASB 124) transaction type for the transaction. |\n| 6 | Related Party (AASB 124) Transaction Type - Other | | All filers | Free text | Report the description of the 'Other' Related Party (AASB 124) transaction type. Otherwise, leave this field blank. |\n| 7 | Payment From RSE Licensee To Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE Licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from RSE licensee to Related Party (AASB 124) on a separate line. |\n| 8 | Payment To RSE Licensee From Related Party (AASB 124) | | All filers | Whole dollars | Report the dollar value of the transaction that occurred between the RSE licensee and Related Party (AASB 124) during the reporting period. Report each unique combination of Related Party (AASB 124) name, Related Party (AASB 124) transaction type and payment from Related Party (AASB 124) to RSE licensee on a separate line. |","sortOrder":24}],"analysis":{"kimi_summary":{"_metrics":{"completionTokens":501},"content_quality":"ok","complexity_score":5,"scope_assessment":{"changed":false,"description":"The legislation remains focused on its original purpose: establishing a reporting standard for RSE licensee financial statements. The scope has not expanded beyond collecting standardised financial data from superannuation trustees for prudential supervision."},"complexity_factors":["Multiple nested defined terms referencing external legislation (SIS Act, Corporations Act, AASB 124)","Cross-references to Reporting Standard SRS 101.0 for definitions","Derived calculation items requiring understanding of accounting relationships","Duplicate content throughout the instrument due to document structure repetition","Specific data validation rules (whole dollars, negative values for expenses, primary key constraints)","Conditional reporting instructions (nil values left blank, aggregated expenses reported elsewhere)","Integration with prudential standards (SPS 310) and auditing standards"],"plain_english_summary":"This instrument creates SRS 340.0, requiring RSE licensees to submit standardised electronic annual financial statements (income statement, balance sheet, changes in equity and related‑party transactions) to APRA within three months of year‑end; first filings for years ending on/after 30 June 2025. \n\nReports must be digitally signed, in whole AUD, and will be used for prudential supervision and possible publication; auditors must review systems—tightening transparency of trustees and related‑party dealings."},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"Scope is limited to registrable superannuation entity (RSE) licensees reporting on their business operations; the instrument does not expand the class of entities required to report but sets new/formalised data fields, timing and assurance requirements. APRA retains discretion to vary frequency or due dates for particular licensees."},"complexity_factors":["Single-sector coverage: applies only to RSE licensees (straightforward population but many separate filers).","Detailed table-based data requirements (income, assets/liabilities, equity movements, related-party transactions) requiring mapping from audited accounts to specific fields.","External assurance requirement: RSE auditor must review systems/controls and provide at least a limited assurance engagement (adds audit scope and recurring cost).","Electronic submission and digital-certificate signing requirement (technical implementation and authorisation processes).","APRA discretion to change reporting periods for particular licensees and to grant extensions (adds case-by-case compliance variability).","Cross-references to accounting and auditing standards and to SRS 101.0 for definitions (requires alignment with evolving external standards).","Related-party table requires primary-key uniqueness and identifiers (ABN/LEI) which can create data-normalisation work for filers.","Permitted aggregation rules (e.g. ‘Other expenses’) require judgement where accounts are non-itemised, creating potential consistency issues across filers."],"plain_english_summary":"This Reporting Standard requires every registrable superannuation entity (RSE) licensee to submit annual audited financial-statement data (income, balance sheet, changes in equity and related‑party transactions) to APRA in a specified electronic form, generally within three months of year‑end. APRA uses the data for prudential supervision and publication and may share it with ASIC.\n\nRSE licensees bear the compliance and audit costs: submissions must be produced from reviewed systems and controls (at least a limited assurance engagement), digitally signed by an authorised officer (CEO or CFO), and APRA can vary reporting timing or make minor form changes."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025","history":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025/history","analysis":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025/analysis","conflicts":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025/conflicts","importantCases":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025/important-cases","documents":"/api/acts/financial-sector-collection-of-data-reporting-standard-determination-no-2-of-2025/documents"}}