Total net market value of item 6 of PartTotal net market value of item 6 of Part B (sum of column 6 in Part B (i) and column 6 in Part B (ii)) PLUS Total net market value of item 5 of Part D ‘Interest in Ventures’ (sum of column 5 in Part D (i) and column 5 in Part D (ii))

Total net market value of item 6 of Part B (sum of column 6 in Part B (i) and column 6 in Part B (ii)) PLUS Total net market value of item 5 of Part D ‘Interest in Ventures’ (sum of column 5 in Part D (i) and column 5 in Part D (ii))

should agree with

Total net market value column reported in item 3.3. ‘Equity securities of unlisted corporations, units in unlisted private trusts and interests in ventures’ in SRF 210.0 Statement of Financial Position.

(7) Value of total assets of the corporation/trust

Report the value of the total assets of the investment entity where known.

APRA’s expectations are that where the superannuation entity’s interest in the investment entity is considered significant (i.e. the investment holding demonstrates the capacity of the superannuation entity to exert significant influence over the investment entity under current Australian Accounting Standards, the superannuation entity should have knowledge of this value.

(8) Value of total liabilities of the corporation/trust

Report the value of the total liabilities of the investment entity where known.

APRA’s expectations are that where the superannuation entity’s interest in the investment entity is considered significant (i.e. the investment holding demonstrates the capacity of the superannuation entity to exert significant influence over the investment entity under current Australian Accounting Standards), the superannuation entity should have knowledge of this value.

(9) Distributions recognised as income

Report the value of distributions from the investment entity that has been recognised as income by the reporting superannuation entity. This does not include (realised and unrealised) revaluation gains or losses associated with the net market valuation of the investment in the entity.

Part C: Interest in unlisted retail/public offer trusts

Scope

Include

The net market value at the end of the reporting period, of investments in unlisted retail/public offer trusts are requested to be classified into the following headings:

1. Unlisted property trusts
2. Unlisted equities trusts
3. Unlisted cash management trusts
4. Other unlisted unit trusts
5. Total net market value of interest in unlisted retail/public offer trusts

Important!

Total net market value of Part C, item 5, column ‘Externally Managed Mandates’ should agree with Total net market value column reported in item 3.6.4 ‘Investments in unlisted retail/public offer unit trusts’ in SRF 210.0 Statement of Financial Position.

Exclude

Wholesale trusts and Pooled Superannuation Trusts (these are disclosed separately in item 3.6 in SRF 210.0 Statement of Financial Position).

Classification of investments – internal and external holdings

Report in this form investments made under:

(i) internal investment management of the superannuation entity;

(ii) investments held through external individually managed mandates;

or a combination of both.

Counterparty rating grades

Classify the total net market value of unlisted cash management trusts at the end of the reporting period, reported at Part C, item 3 (the sum of both columns), into the appropriate APRA counterparty rating grades. The counterparty rating grades are the same as that outlined in at the start of this instruction guide.

If a rating grade is unknown or not available use rating grade 6. Where investment managers cannot confirm their ratings a rating grade 6 should also be used.

Part D: Interest in ventures

For the purposes of this form joint venture operation is to be interpreted as defined in current Australian Accounting Standards:

“Joint venture means a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control”. A joint venture can take the form of the following:

• Joint venture entity; or
• Joint venture operation.

Joint venture entity means a joint venture that is in the form of an entity and does not include:

(a) an entity that is acquired and held exclusively with a view to its disposal in the near future; and

(b) an entity that operates under severe long-term restrictions which impair significantly its ability to make distributions to the venturer.

Joint venture operation means a joint venture that is not a joint venture entity and does not include an entity that:

(a) is acquired and held exclusively with a view to its disposal in the near future; and

(b) operates under severe long-term restrictions that impair significantly its ability to make distributions to the venturer.

Classification of investments – internal and external holdings

Report in this form investments made under:

(i) internal investment management of the superannuation entity; and

(ii) investments held through external individually managed mandates;

or a combination of both.

Part D: Explanation of column headings