Financial Sector (Collection of Data) (reporting standard) determination No. 126 of 2023
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Tables described in this Reporting Standard list each of the data fields required to be reported. The data fields are listed sequentially in the column order that they will appear in the reported data set. Constraints on the data that can be reported for each field have also been provided.
Any specific combination of values in a table must not appear on more than one row in that table when reported.
Definitions
Terms highlighted in bold italics indicate that the definition is provided in these instructions.
A
AASB 17 SRPN
This is shareholder retained profits for non-participating business (SRPN) within a statutory fund (SF) determined for accounting reporting.
AASB 17 SRPP
This is shareholder retained profits for participating business (SRPP) within a statutory fund (SF) determined for accounting reporting.Insurers that use the VSA-led method must report SRPP determined for accounting reporting and not SRPP determined for Life Act reporting.
AASB 17 SRP
This is shareholder retained profits (SRP) within a benefit fund (BF) or SRP within the shareholder fund (SHF) / management fund (MF) determined for accounting reporting.
D
Dividends
This is the amount of dividend that was paid from the SHF / MF.
O
Ordinary shares issued
This is ordinary shares issued.
Other retained profits movements
For a statutory fund / benefit fund, this consists of all other retained profits movements not specifically categorised as:retained profits transfers from SHF / MF to SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF; orretained profits transfers from SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF to SHF / MF.For a life insurer, this consists of all other retained profits movements not specifically categorised as:retained profits transfers from SHF / MF to total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF;retained profits transfers from total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF to SHF / MF; ordividends.
Other share capital movements
For a statutory fund / benefit fund, this consists of all other retained profits movements not specifically categorised as:share capital transfers from SHF / MF to SF / BF; orshare capital transfers from SF / BF to SHF / MF.For a life company, this consists of all other share capital movements not specifically categorised as:share capital transfers from SHF / MF to total SF / total BF;share capital transfers from total SF / total BF to SHF/ MF;ordinary shares issued; orshare capital reductions.
P
Profit (loss) after income tax attributable to members of the company amount
This is profit (loss) after income tax attributable to members of the company being added to the retained profits balances.
R
Retained profits balance at the beginning of the period
This is the opening balance of retained profits at beginning of the reporting period.
Retained profits balance at the end of the period
This is the closing balance of retained profits at end of the reporting period.For a statutory fund / benefit fund, this is calculated as the sum of:retained profits balance at beginning of period;profit (loss) after income tax attributable to members of the company;retained profits transfers from SHF / MF to SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF;retained profits transfers from SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF to SHF / MF; andother retained profits movements.For a life insurer, this is calculated as the sum of:retained profits balance at beginning of period;profit (loss) after income tax attributable to members of the company;retained profits transfers from SHF / MF to total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF;retained profits transfers from total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF to SHF / MF;dividends; andother retained profits movements.
Retained profits transfers from SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF to SHF / MF
For a life insurer, this is the amount of retained profits transferred to the SHF from:AASB 17 SRPN of the SF; andAASB 17 SRPP of the SF.For a friendly society, this item is the amount of AASB 17 SRP transferred from the BF to the MF.
Retained profits transfers from SHF / MF to SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF
For a life insurer, this is the amount of retained profits transferred from the SHF to:AASB 17 SRPN of the SF; andAASB 17 SRPP of the SF.For a friendly society, this item is the amount of AASB 17 SRP transferred from the MF to the BF.
Retained profits transfers from SHF / MF to total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF
For a life insurer, this is the amount of retained profits transferred from the SHF to:AASB 17 SRPN across all SFs; andAASB 17 SRPP across all SFs.For a friendly society, this item is the amount of AASB 17 SRP transferred from the MF to all BFs.
Retained profits transfers from total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF to SHF / MF
For a life insurer, this is the amount of retained profits transferred to the SHF from:AASB 17 SRPN across all SFs; andAASB 17 SRPP across all SFs.For a friendly society, this item is the amount of AASB 17 SRP transferred from all BFs to the MF.
S
Share capital balance at the beginning of the period
This is the opening balance of share capital at beginning of the reporting period.
Share capital balance at the end of the period
This is the closing balance of share capital at end of the reporting period.For a statutory fund / benefit fund, this is calculated as the sum of:share capital balance at beginning of period;share capital transfers from SHF / MF to SF / BF;share capital transfers from SF / BF to SHF / MF; andother share capital movements.For a life insurer, this is calculated as the sum of:share capital balance at beginning of period;share capital transfers from SHF / MF to total SF / total BF;share capital transfers from total SF / total BF to SHF / MF;shares issued;share capital reductions; andother share capital movements.
Share capital reductions
This is reductions in share capital undertaken by a life company (for example, via share buyback or redemption).
Share capital transfers from SF / BF to SHF / MF
For a life insurer, this is the amount of share capital transferred from the SF to the SHF.For a friendly society, this item is the amount of share capital transferred from the BF to the MF.
Share capital transfers from SHF / MF to SF / BF
For a life insurer, this is the amount of share capital transferred from the SHF to the SF.For a friendly society, this is the amount of share capital transferred from the MF to the BF.
Share capital transfers from SHF / MF to total SF / total BF
For a life insurer, this is the amount of share capital transferred from the SHF to all SFs.For a friendly society, this is the amount of share capital transferred from the MF to all BFs.
Share capital transfers from total SF / total BF to SHF / MF
For a life insurer, this is the amount of share capital transferred from all SFs to the SHF.For a friendly society, this item is the amount of share capital transferred from all BFs to the MF.
Specific instructions
Table 1: Retained Profits Transfers (Statutory Fund / Benefit Fund)
Reporting basis
This table applies to life companies including friendly societies. Data must be submitted at the level of each statutory / benefit fund.
Report all information as at the reporting date (unless otherwise stated).
Units of measurement
Report the dollar values in this table in whole Australian dollars.
Column 1
Report the value for each item listed below which relates to AASB 17 SRPN of the SF.
Column 2
Report the value for each item listed below which relates to AASB 17 SRPP of the SF.
Column 3
Report the value for each item listed below which relates to AASB 17 SRP of the BF.
1. Retained profits transfers
Item 1.1
Report retained profits balance at the beginning of the period.
Item 1.2
Report profit (loss) after income tax attributable to members of the company.Report this as a positive value where it would result in an increase to retained profits.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.3
Report retained profits transfers from SHF / MF to SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF.Report this item as a positive value.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.4
Report retained profits transfers from SF (AASB 17 SRPN) / SF (AASB 17 SRPP) / BF to SHF / MF.Report this item as a negative value.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.5
Report other retained profits movements.Report this as a positive value where it would result in an increase to retained profits.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.6
Retained profits balance at the end of the period is a calculated number and is calculated as the sum of:items 1.1 to 1.5 inclusive.
This table applies to life companies including friendly societies. Data must be submitted at the level of the life company. Report all information as at the reporting date.
Units of measurement
Report the dollar values in this table in whole Australian dollars.
Column 1
Report the value for each item listed below which relates to AASB 17 SRPN of all SFs.
Column 2
Report the value for each item listed below which relates to AASB 17 SRPP of all SFs.
Column 3
Report the value for each item listed below which relates to AASB 17 SRP of all BFs.
Column 4
Report the value for each item listed below which relates to AASB 17 SRP of the SHF / MF.
Column 5
Report the value for each item listed below which relates to elimination values in relation to AASB 17 SRP of the SHF / MF.The sum of balances across all SFs / all BFs, SHF / MF and SHF / MF elimination values must equal to balances at a life company level
Column 6
Column 6 life company – AASB 17 SRP is a derived column and is calculated as the sum of columns 1 to 5.
1. Retained profits transfers
Item 1.1
Report retained profits balance at the beginning of the period.
Item 1.2
Report profit (loss) after income tax attributable to members of the company.Report this as a positive value where it would result in an increase to retained profits.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.3
Report retained profits transfers from SHF / MF to total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF.Report this as a positive value where it would result in an increase to retained profits.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.4
Report retained profits transfers from total SF (AASB 17 SRPN) / total SF (AASB 17 SRPP) / total BF to SHF / MF.Report this as a positive value where it would result in an increase to retained profits.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.5
Report dividends.This item is reported under columns 4 and 5 only.Report this as a positive value where it would result in an increase to retained profits.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.6
Report other retained profits movements.Report this as a positive value where it would result in an increase to retained profits type.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.7
Retained profits balance at the end of the period is a calculated number and is calculated as the sum of:items 1.1 to 1.6 inclusive.
Table 3: Share Capital Transfers (Statutory Fund / Benefit Fund)
Reporting basis
This table applies to life companies including friendly societies. Data must be submitted at the level of each statutory fund / benefit fund.
Unless otherwise stated, report all information as at the reporting date.
Units of measurement
Report the dollar values in this table in whole Australian dollars.
Column 1
Report the value for each item listed below which relates to the SF / BF.
1. Share capital transfers
Item 1.1
Report share capital balance at the beginning of the period.
Item 1.2
Report share capital transfers from SHF / MF to SF / BF.Report this item as a positive value.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.3
Report share capital transfers from SF / BF to SHF / MF.Report this item as a negative value.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.4
Report other share capital movements.Report this as a positive value where it would result in an increase to share capital.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.5
Share capital balance at the end of the period is a calculated number and is calculated as the sum of:items 1.1 to 1.4 inclusive.
Table 4: Share Capital Transfers (Life Company)
Reporting basis
This table applies to life companies including friendly societies. Data must be submitted at the level of the life company.
Unless otherwise stated, report all information as at the reporting date.
Units of measurement
Report the dollar values in this table in whole Australian dollars.
Column 1
Report the value for each item listed below which relates to share capital of all SFs / BFs.
Column 2
Report the value for each item listed below which relates to share capital of the SHF / MF.
Column 3
Report the value for each item listed below which relates to elimination values in relation to share capital values of the SHF / MF.
Column 4
Column 4 life company – share capital is a derived column and is calculated as the sum of columns 1 to 3.
1. Share capital transfers
Item 1.1
Report share capital balance at the beginning of the period.
Item 1.2
Report share capital transfers from SHF / MF to total SF / total BF.Report this as a positive value where it would result in an increase to share capital.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.3
Report share capital transfers from total SF / total BF to SHF / MF.Report this as a positive value where it would result in an increase to share capital.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.4
Report ordinary shares issued.This item is reported under columns 2 and 3 only.Report this as a positive value where it would result in an increase to share capital.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.5
Report share capital reductions.This item is reported under columns 2 and 3 only.Report this as a positive value where it would result in an increase to share capital.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.6
Report other share capital movements.Report this as a positive value where it would result in an increase to share capital.Report this item for the year up to the close of business on the last day of the reporting period.
Item 1.7
Share capital balance at the end of the period is a calculated number and is calculated as the sum of:items 1.1 to 1.6 inclusive.