Part Specific Instructions - Financial Sector (Collection of Data) (reporting standard) determination No. 64 of 2023 - Specific Instructions

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Reporting Standard GRS 112.0.G

Determination of Capital Base

General instructions

Reporting tables

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.

Definitions

Terms in bold italics are defined in this Definitions section of these instructions.

Accumulated other comprehensive income and other disclosed reserves	This is the sum of all other comprehensive income and disclosed reserves and is calculated as the sum of:unrealised gains or losses recognised on balance sheet;reserves from equity-settled share-based payments;foreign currency translation reserve;general reserve;cumulative unrealised gains or losses on hedges offsetting gains or losses in Common Equity Tier 1 Capital; andother gains and losses in accumulated comprehensive income and other disclosed reserves.
Additional Tier 1 Capital	This is the value of instruments issued by the reporting Level 2 insurance group that meet the criteria for inclusion in Additional Tier 1 Capital in accordance with GPS 112, and which are not included in Common Equity Tier 1 Capital. This is net of regulatory adjustments specified in GPS 112.Additional Tier 1 Capital is calculated as the sum of:Additional Tier 1 Capital instruments;adjustments and exclusions to Additional Tier 1 Capital;transitional Additional Tier 1 Capital; andexcess mutual equity interestsless:holdings of own Additional Tier 1 Capital instruments; andadjustments to Additional Tier 1 Capital due to shortfall in Tier 2 capital.
Additional Tier 1 Capital instruments	This is the value of capital instruments issued by the reporting Level 2 insurance group that meet the eligibility criteria for Additional Tier 1 Capital but not the criteria for the higher quality capital, i.e. Common Equity Tier 1 Capital.
Adjustments and exclusions to Additional Tier 1 Capital	This is the amount of adjustments applied to Additional Tier 1 Capital that is specific to the application of the requirements in GPS 112.
Adjustments and exclusions to Common Equity Tier 1 Capital	This is the amount of adjustments applied to the Common Equity Tier 1 Capital that are specific to the application of the requirements in GPS 112.

Capital base	The capital base relates to the amount of capital eligible for the purpose of meeting the Prudential Capital Requirement as set out in Prudential Standard GPS 110 Capital Adequacy (GPS 110).Capital base is calculated as the sum of:Tier 1 Capital; andTier 2 Capital.
Cash flow hedge reserves relating to hedging of items not recorded at fair value	This is the value of cash flow hedge reserves that relate to the hedging items that are not recorded at fair value on the balance sheet (including projected cash flows).
Claims payable	This is the value of claims payable, which reflects claims due but not paid.For inwards reinsurance business, where there is a legal right of set-off within the underlying reinsurance contract, report under this item if the amount after set-off results in a net payable position to the cedant. If there is not a legal right of set-off, report the amount payable without set-off. Also refer to the definition of premiums receivable.Claims payable is netted against insurance contract assets or added to insurance contract liabilities under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.
Common Equity Tier 1 Capital	This is the highest quality component of capital held by the reporting Level 2 insurance group as determined under the eligibility characteristics set out in GPS 112, net of all regulatory adjustments.Common Equity Tier 1 Capital is calculated as the sum of:paid-up ordinary shares;mutual equity interests;retained earnings;undistributed current year earnings;accumulated other comprehensive income and other disclosed reserves;minority interests;net surplus / (deficit) relating to insurance liabilities;regulatory adjustments to Common Equity Tier 1 capital for account receivables; andadjustments and exclusions to Common Equity Tier 1 Capitalless:regulatory adjustments to Common Equity Tier 1 Capital for account payables; andregulatory adjustments to Common Equity Tier 1 Capital.
Common Equity Tier 1 Capital ratio	Common Equity Tier 1 Capital ratio is calculated as:Common Equity Tier 1 Capital;divided by:prescribed capital amount.
Cost of reinsurance for future business not yet written	This is the amount of the total cost of reinsurance that relates to business that has not yet been written. This amount represents the cover that an insurer has under a particular reinsurance contract which is available for future business written up to the end of the reinsurance contract. This amount can be used to increase the surplus (or decrease the deficit) in the PL surplus / (deficit).Amounts must not be included in this item where the underlying reinsurance arrangement does not comply with the threshold levels of reinsurance documentation set out in GPS 112 or the governing law requirements set out in Prudential Standard GPS 230 Reinsurance Management (GPS 230).
Cumulative unrealised gains or losses on hedges offsetting gains or losses in Common Equity Tier 1 Capital	This is the cumulative unrealised gains or losses on hedges offsetting the gains or losses of components of Common Equity Tier 1 Capital.This includes cumulative unrealised gains or losses on effective cash flow hedges as defined in the Australian Accounting Standards and any fair value gains or losses on derivatives representing effective economic hedges of assets.

Capital base

The capital base relates to the amount of capital eligible for the purpose of meeting the Prudential Capital Requirement as set out in Prudential Standard GPS 110 Capital Adequacy (GPS 110).Capital base is calculated as the sum of:Tier 1 Capital; andTier 2 Capital.

Cash flow hedge reserves relating to hedging of items not recorded at fair value

This is the value of cash flow hedge reserves that relate to the hedging items that are not recorded at fair value on the balance sheet (including projected cash flows).

Claims payable

This is the value of claims payable, which reflects claims due but not paid.For inwards reinsurance business, where there is a legal right of set-off within the underlying reinsurance contract, report under this item if the amount after set-off results in a net payable position to the cedant. If there is not a legal right of set-off, report the amount payable without set-off. Also refer to the definition of premiums receivable.Claims payable is netted against insurance contract assets or added to insurance contract liabilities under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.

Common Equity Tier 1 Capital

This is the highest quality component of capital held by the reporting Level 2 insurance group as determined under the eligibility characteristics set out in GPS 112, net of all regulatory adjustments.Common Equity Tier 1 Capital is calculated as the sum of:paid-up ordinary shares;mutual equity interests;retained earnings;undistributed current year earnings;accumulated other comprehensive income and other disclosed reserves;minority interests;net surplus / (deficit) relating to insurance liabilities;regulatory adjustments to Common Equity Tier 1 capital for account receivables; andadjustments and exclusions to Common Equity Tier 1 Capitalless:regulatory adjustments to Common Equity Tier 1 Capital for account payables; andregulatory adjustments to Common Equity Tier 1 Capital.

Common Equity Tier 1 Capital ratio

Common Equity Tier 1 Capital ratio is calculated as:Common Equity Tier 1 Capital;divided by:prescribed capital amount.

Cost of reinsurance for future business not yet written

This is the amount of the total cost of reinsurance that relates to business that has not yet been written. This amount represents the cover that an insurer has under a particular reinsurance contract which is available for future business written up to the end of the reinsurance contract. This amount can be used to increase the surplus (or decrease the deficit) in the PL surplus / (deficit).Amounts must not be included in this item where the underlying reinsurance arrangement does not comply with the threshold levels of reinsurance documentation set out in GPS 112 or the governing law requirements set out in Prudential Standard GPS 230 Reinsurance Management (GPS 230).

Cumulative unrealised gains or losses on hedges offsetting gains or losses in Common Equity Tier 1 Capital

This is the cumulative unrealised gains or losses on hedges offsetting the gains or losses of components of Common Equity Tier 1 Capital.This includes cumulative unrealised gains or losses on effective cash flow hedges as defined in the Australian Accounting Standards and any fair value gains or losses on derivatives representing effective economic hedges of assets.

Deficit in defined benefit superannuation fund	This is the amount of deficit (if any) in a defined benefit superannuation fund where the reporting Level 2 insurance group is an employer-sponsor.
Dividends declared or paid	Report dividends which are declared or paid by the Level 2 insurance group. A dividend is the amount paid out of a company's profits to its shareholders (interim and final dividend). The annual dividend equals the final dividend plus the interim dividend if declared..

Eligible Tier 2 Capital instruments	This is the value of capital instruments issued by the reporting Level 2 insurance group that meet the eligibility criteria for Tier 2 Capital in GPS 112.
Excess mutual equity interests	This is the value of any mutual equity interests that are above the limit specified in GPS 112 (that is, the value of any mutual equity interests on issue that are not eligible for inclusion in Common Equity Tier 1 Capital).For the purposes of this item, only include proceeds of issues that have been received by the issuer. Any partly paid issue is reported only to the extent that it has been paid-up.
Excess of deferred tax assets over deferred tax liabilities	This is the amount of deferred tax assets (DTA) in excess of deferred tax liabilities (DTL) of the reporting Level 2 insurance group as per the requirements of GPS 112The DTA and DTL must include any tax effect arising from the accounts receivables and accounts payables adjustments and the technical provisions in surplus / (deficit) of GPS 340 liabilities. For example, the DTA must be increased by any tax benefit arising from these adjustments whereas, the DTL must be increased by any tax liability arising from the adjustments.

Fair value adjustments	A regulated institution must deduct the difference between fair value and the reported value of each asset as per the requirements of GPS 112.
Fair value gains and losses from changes in own creditworthiness	This is the net unrealised gains (or losses) from changes in the fair values of the liabilities that arise due to changes in creditworthiness of the reporting Level 2 insurance group.
Foreign currency translation reserve	This is the value of the reserve relating to exchange rate differences arising on translation of assets and liabilities to the presentation currency in accordance with Australian Accounting Standards.

General reserve	General reserves are created from the appropriation of profits by the reporting Level 2 insurance group after the payment of all dividends and tax.
Goodwill	This is the value of goodwill, as per GPS 112, net of adjustments to profit or loss reflecting changes arising from any impairment.This item also includes the goodwill attributable to certain categories of subsidiaries, associates and joint ventures of the reporting Level 2 insurance group as per GPS 112.

Holdings of own Additional Tier 1 Capital instruments	This is the total effective own holdings of Additional Tier 1 Capital instruments issued by the reporting Level 2 insurance group unless exempted by APRA or eliminated under Australian Accounting Standards.
Holdings of own Common Equity Tier 1 Capital instruments	This is the value, as at the relevant date, of the reporting Level 2 insurance group's holdings of its own Common Equity Tier 1 Capital instruments unless exempted by APRA or eliminated under Australian Accounting Standards.This item must also include:capital instruments the reporting Level 2 insurance group could be contractually obliged to purchase; andunused portion of the limits agreed with APRA as per the requirements of GPS 112.
Holdings of own Tier 2 Capital instruments	This is the total effective holdings of own eligible Tier 2 Capital instruments that were issued by the reporting Level 2 insurance group unless exempted by APRA or eliminated under Australian Accounting Standards.

Minority interests	This is the value of minority interests arising from the issue of ordinary shares to third parties by a fully consolidated subsidiary included in the Level 2 insurance group, calculated in accordance with GPS 112.
Mutual equity interests	This is the value of all mutual equity interests on issue up to a maximum limit of 25 percent of the reporting Level 2 insurance group’s total Common Equity Tier 1 Capital before applying regulatory adjustments.For the purposes of this item, only include proceeds of issues that have been received by the issuer. Any partly paid issue is reported only to the extent that it has been paid-up.

Net assets (less equity components classified as Additional Tier 1 Capital)	This is net assets as reported in the balance sheet after deducting for any equity components classified as Additional Tier 1 Capital.
Net assets plus Additional Tier 1 Capital ratio	Net assets plus Additional Tier 1 Capital ratio is calculated as the sum of:Additional Tier 1 Capital; andnet assets (less equity components classified as Additional Tier 1 Capital) multiplied by 1.2divided by:prescribed capital amount.
Net assets ratio	Net assets ratio is calculated as:net assets (less equity components classified as Additional Tier 1 Capital) multiplied by 1.2divided by:prescribed capital amount.
Net surplus / (deficit) relating to insurance liabilities	This is the total technical provisions in surplus or deficit of those required by GPS 340. Technical provisions refer to the accounting insurance and reinsurance liabilities and assets.Net surplus / (deficit) relating to insurance liabilities is calculated as the sum of:OCL surplus / (deficit);PL surplus / (deficit); andcost of reinsurance for future business not yet written;less:tax effect of net OCL and PL surplus / (deficit).
Non-reinsurance recoveries receivable	This is the value of non-reinsurance recoveries on paid claims.Non-reinsurance recoveries receivable is netted against insurance contract liabilities or added to insurance contract assets under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.

OCL surplus / (deficit)	For incurred claims, this is the insurance and reinsurance contract liabilities after deducting insurance and reinsurance contract assets determined under Australian Accounting Standards in surplus (positive figure) or deficit (negative figure) to the net outstanding claims liabilities determined under GPS 340.
Other accounts payable on insurance contracts issued	Other accounts payable on insurance contracts issued reflects any other amounts due but not paid relating to insurance contracts. This may include (but is not limited to) levies, taxes, rebates, fees and commissions.Other accounts payable on insurance contracts issued is netted against insurance contract assets or added to insurance contract liabilities under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.
Other accounts receivable on insurance contracts issued	Other accounts receivable on insurance contracts issued reflects any other amounts due but not received relating to insurance contracts. This may include (but is not limited to) levies, taxes, rebates, fees and commissions.Other accounts receivable on insurance contracts issued is netted against insurance contract liabilities or added to insurance contract assets under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.
Other Common Equity Tier 1 Capital adjustments	This is the value of deductions from Common Equity Tier 1 Capital that the reporting Level 2 insurance group must make as required under any prudential standards other than GPS 112.
Other gains and losses in accumulated comprehensive income and other disclosed reserves	This is the value of any other gains and losses in accumulated comprehensive income and other disclosed reserves that may be specified in writing by APRA as per GPS 112.
Other intangible assets	This is the value of intangible assets, other than goodwill, as per GPS 112, net of adjustments to profit or loss reflecting changes arising from any impairment and amortisation. The amounts reported must be net of any associated deferred tax liability that would be extinguished if the assets involved become impaired or derecognised under Australian Accounting Standards.This item also includes the intangible assets attributable to certain categories of subsidiaries, associates and joint ventures of the reporting Level 2 insurance group as per GPS 112.
Other retained earnings movements	This consists of all other retained earnings movements not specifically categorised as:profit (loss) from continuing and discontinued operations attributable to owners of the parent;adjustments to retained earnings due to changes in accounting policies / standards;reduction in retained earnings on share buy back;amounts transferred to / from reserves; ordividends declared or paid.

OCL surplus / (deficit)

For incurred claims, this is the insurance and reinsurance contract liabilities after deducting insurance and reinsurance contract assets determined under Australian Accounting Standards in surplus (positive figure) or deficit (negative figure) to the net outstanding claims liabilities determined under GPS 340.

Other accounts payable on insurance contracts issued

Other accounts payable on insurance contracts issued reflects any other amounts due but not paid relating to insurance contracts. This may include (but is not limited to) levies, taxes, rebates, fees and commissions.Other accounts payable on insurance contracts issued is netted against insurance contract assets or added to insurance contract liabilities under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.

Other accounts receivable on insurance contracts issued

Other accounts receivable on insurance contracts issued reflects any other amounts due but not received relating to insurance contracts. This may include (but is not limited to) levies, taxes, rebates, fees and commissions.Other accounts receivable on insurance contracts issued is netted against insurance contract liabilities or added to insurance contract assets under AASB 17.This must exclude any amount already allowed in insurance liabilities determined under GPS 340 to avoid double counting.

Other Common Equity Tier 1 Capital adjustments

This is the value of deductions from Common Equity Tier 1 Capital that the reporting Level 2 insurance group must make as required under any prudential standards other than GPS 112.

Other gains and losses in accumulated comprehensive income and other disclosed reserves

This is the value of any other gains and losses in accumulated comprehensive income and other disclosed reserves that may be specified in writing by APRA as per GPS 112.

Other intangible assets

This is the value of intangible assets, other than goodwill, as per GPS 112, net of adjustments to profit or loss reflecting changes arising from any impairment and amortisation. The amounts reported must be net of any associated deferred tax liability that would be extinguished if the assets involved become impaired or derecognised under Australian Accounting Standards.This item also includes the intangible assets attributable to certain categories of subsidiaries, associates and joint ventures of the reporting Level 2 insurance group as per GPS 112.

Other retained earnings movements

This consists of all other retained earnings movements not specifically categorised as:profit (loss) from continuing and discontinued operations attributable to owners of the parent;adjustments to retained earnings due to changes in accounting policies / standards;reduction in retained earnings on share buy back;amounts transferred to / from reserves; ordividends declared or paid.

Paid-up ordinary shares	This represents paid-up ordinary shares issued by the reporting Level 2 insurance group that meet the criteria for classification as ordinary shares for regulatory purposes in accordance with GPS 112.
PL surplus / (deficit)	For remaining coverage, this is the insurance and reinsurance contract liabilities after deducting insurance and reinsurance contract assets determined under Australian Accounting Standards in surplus (positive figure) or deficit (negative figure) to the net premiums liabilities determined under GPS 340.
Premiums receivable	This is the value of unpaid premiums in relation to direct insurance business and inwards reinsurance business. Unpaid premiums include premiums that are due to be received, unpaid premiums available for collection, and premiums not yet available for collection. Insurers must include all unpaid instalment premiums.This amount includes unpaid premiums in relation to unclosed business. Unclosed business refers to business written close to the balance date where acceptance of risk is prior to the balance date but there is insufficient information to accurately identify the business. This includes insurance policies that have not been processed, but for which a reporting insurer is liable at the valuation date.Premiums should be gross of reinsurance and commissions, before profit share rebates, and inclusive of stamp duty, policy fees, loadings and discounts.For inwards reinsurance business, if there is a legal right of set-off within the underlying reinsurance contract, report the amount after set-off against other amounts payable to the cedant under that reinsurance contract. If the amount is a net payable position to the cedant, report the amount under claims payable. If there is not a legal right of set-off, report the amount receivable without set-off. Also refer to the definition of claims payable.Premiums receivable is netted against insurance contract liabilities or added to insurance contact assets under AASB 17.Premiums receivable must be reduced by the amount that is likely to become uncollectable in the future.
Premiums receivable expected to be received in 6 months or less	This represents premiums receivable amounts that are expected to be received in 6 months or less as at the reporting date (e.g. from insurance brokers or other intermediaries).
Premiums receivable expected to be received in more than 6 months	This represents premiums receivable amounts that are expected to be received in more than 6 months as at the reporting date (e.g. from insurance brokers or other intermediaries).Where a Level 2 insurance group does not have this data available, an approach needs to be agreed with APRA on how premiums receivable are apportioned between premiums receivable expected to be received in 6 months or less and premiums receivable expected to be received in more than 6 months.
Premiums receivable on unclosed business	This represents premiums receivable amounts for business written close to the balance date where acceptance of the risk is prior to the balance date, but there is insufficient information to accurately identify this business.
Prescribed capital amount	Prescribed capital amount is defined in GPS 110.
Prescribed capital amount coverage	Prescribed capital amount coverage is calculated as:capital base;divided by:prescribed capital amount.
Prescribed capital amount coverage (net assets)	Prescribed capital amount coverage (net assets) is calculated as the sum of:Additional Tier 1 Capital;Tier 2 Capital; andnet assets (less equity components classified as Additional Tier 1 Capital) multiplied by 1.2divided by:prescribed capital amount.
Profit (loss) from continuing and discontinued operations attributable to owners of the parent	Report this item in accordance with Australian Accounting Standard AASB 101 Presentation of Financial Statements 81B (a) (ii).

Paid-up ordinary shares

This represents paid-up ordinary shares issued by the reporting Level 2 insurance group that meet the criteria for classification as ordinary shares for regulatory purposes in accordance with GPS 112.

PL surplus / (deficit)

For remaining coverage, this is the insurance and reinsurance contract liabilities after deducting insurance and reinsurance contract assets determined under Australian Accounting Standards in surplus (positive figure) or deficit (negative figure) to the net premiums liabilities determined under GPS 340.

Premiums receivable

This is the value of unpaid premiums in relation to direct insurance business and inwards reinsurance business. Unpaid premiums include premiums that are due to be received, unpaid premiums available for collection, and premiums not yet available for collection. Insurers must include all unpaid instalment premiums.This amount includes unpaid premiums in relation to unclosed business. Unclosed business refers to business written close to the balance date where acceptance of risk is prior to the balance date but there is insufficient information to accurately identify the business. This includes insurance policies that have not been processed, but for which a reporting insurer is liable at the valuation date.Premiums should be gross of reinsurance and commissions, before profit share rebates, and inclusive of stamp duty, policy fees, loadings and discounts.For inwards reinsurance business, if there is a legal right of set-off within the underlying reinsurance contract, report the amount after set-off against other amounts payable to the cedant under that reinsurance contract. If the amount is a net payable position to the cedant, report the amount under claims payable. If there is not a legal right of set-off, report the amount receivable without set-off. Also refer to the definition of claims payable.Premiums receivable is netted against insurance contract liabilities or added to insurance contact assets under AASB 17.Premiums receivable must be reduced by the amount that is likely to become uncollectable in the future.

Premiums receivable expected to be received in 6 months or less

This represents premiums receivable amounts that are expected to be received in 6 months or less as at the reporting date (e.g. from insurance brokers or other intermediaries).

Premiums receivable expected to be received in more than 6 months

This represents premiums receivable amounts that are expected to be received in more than 6 months as at the reporting date (e.g. from insurance brokers or other intermediaries).Where a Level 2 insurance group does not have this data available, an approach needs to be agreed with APRA on how premiums receivable are apportioned between premiums receivable expected to be received in 6 months or less and premiums receivable expected to be received in more than 6 months.

Premiums receivable on unclosed business

This represents premiums receivable amounts for business written close to the balance date where acceptance of the risk is prior to the balance date, but there is insufficient information to accurately identify this business.

Prescribed capital amount

Prescribed capital amount is defined in GPS 110.

Prescribed capital amount coverage

Prescribed capital amount coverage is calculated as:capital base;divided by:prescribed capital amount.

Prescribed capital amount coverage (net assets)

Prescribed capital amount coverage (net assets) is calculated as the sum of:Additional Tier 1 Capital;Tier 2 Capital; andnet assets (less equity components classified as Additional Tier 1 Capital) multiplied by 1.2divided by:prescribed capital amount.

Profit (loss) from continuing and discontinued operations attributable to owners of the parent

Report this item in accordance with Australian Accounting Standard AASB 101 Presentation of Financial Statements 81B (a) (ii).

Reduction in retained earnings on share buy back	This is the value of the reduction in the Level 2 insurance group's retained earnings due to the buy back, or repurchase, of shares on issue during the relevant period. This represents the portion of the consideration used for share buy backs that is allocated to retained earnings.
Regulatory adjustments to Common Equity Tier 1 Capital for accounts payables	These are adjustments to be deducted from Common Equity Tier 1 Capital relating to accounts payables, net of tax effects.Regulatory adjustments to Common Equity Tier 1 Capital for accounts payables is calculated as the sum of:claims payable;amounts payable on reinsurance contracts held; andother accounts payable on insurance contracts issued;less:reversal of tax impact of payables.
Regulatory adjustments to Common Equity Tier 1 Capital for accounts receivables	These are adjustments to be added to Common Equity Tier 1 Capital relating to accounts receivables, net of tax effects.Regulatory adjustments to Common Equity Tier 1 Capital for account receivables is calculated as the sum of:premiums receivable;amounts receivable on reinsurance contracts held;non-reinsurance recoveries receivable; andother accounts receivable on insurance contracts issued;less:reversal of tax impact of receivables.
Regulatory adjustments to Common Equity Tier 1 Capital	This is the total of all regulatory adjustments applied to Common Equity Tier 1 Capital specified in GPS 112.Regulatory adjustments to Common Equity Tier 1 Capital is calculated as the sum of:holdings of own Common Equity Tier 1 Capital instruments;cash flow hedge reserves relating to hedging of items not recorded at fair value;excess of deferred tax assets over deferred tax liabilities;fair value gains and losses from changes in own creditworthiness;goodwill;other intangible assets;surplus in defined benefit superannuation fund;deficit in defined benefit superannuation fund;reinsurance assets related to reinsurance contracts that do not meet the reinsurance documentation test;reinsurance assets receivable under reinsurance contracts that do not meet governing law requirements;regulatory capital requirement of investments in subsidiaries, JVs and associates;investment in non-consolidated subsidiaries or controlled entities;undercapitalisation of non-consolidated subsidiaries;assets under a fixed or floating charge;fair value adjustments;adjustments to Common Equity Tier 1 Capital due to shortfall in Additional Tier 1 Capital; andother Common Equity Tier 1 Capital adjustments.
Regulatory capital requirement of investments in subsidiaries, JVs and associates	This is the deduction for investments in subsidiaries, joint ventures and associates that are subject to regulatory capital requirements as detailed in GPS 112.
Reinsurance assets receivable under reinsurance contracts that do not meet governing law requirements	This is the value of all reinsurance assets reported in relation to each reinsurance contract entered into by the reporting Level 2 insurance group incepting on or after 31 December 2008 that does not meet the governing law requirements as per GPS 230.
Reinsurance assets related to reinsurance contracts that do not meet the reinsurance documentation test	This is the value of the reinsurance assets in relation to each reinsurance arrangement that does not meet the reinsurance document test as per GPS 230.
Reserves from equity-settled share-based payments	This is the value of reserves from equity-settled share-based payments granted to employees as part of their remuneration package that meets the requirements of GPS 112.
Retained earnings	This is the value, as at the end of the reporting period, of retained earnings. Do not include the amount of undistributed current year earnings.
Retained earnings at the beginning of the reporting period	This is the value of retained earnings at the beginning of the reporting period.
Retained earnings at the end of the reporting period	This is calculated as the sum of:retained earnings at the beginning of the reporting period;profit (loss) from continuing and discontinued operations attributable to owners of the parent;adjustments to retained earnings due to changes in accounting policies / standards;reduction in retained earnings on share buy back;amounts transferred to / from reserves;dividends declared or paid; andother retained earnings movements.
Reversal of tax impact of payables	This is the amount related to the reversal of tax effect of the payables items:claims payable;amounts payable on reinsurance contracts held; andother accounts payable on insurance contracts issued.Full tax benefits and liabilities must be assumed for the purposes of reporting this item but they must be included when assessing the adjustment for excess of deferred tax assets over deferred tax liabilities.
Reversal of tax impact of receivables	This is the amount related to the reversal of tax effect of the receivable items:premiums receivable;amounts receivable on reinsurance contracts held;non-reinsurance recoveries receivable; andother accounts receivable on insurance contracts issued.Full tax benefits and liabilities must be assumed for the purposes of reporting this item but they must be included when assessing the adjustment for excess of deferred tax assets over deferred tax liabilities.

Reduction in retained earnings on share buy back

This is the value of the reduction in the Level 2 insurance group's retained earnings due to the buy back, or repurchase, of shares on issue during the relevant period. This represents the portion of the consideration used for share buy backs that is allocated to retained earnings.

Regulatory adjustments to Common Equity Tier 1 Capital for accounts payables

These are adjustments to be deducted from Common Equity Tier 1 Capital relating to accounts payables, net of tax effects.Regulatory adjustments to Common Equity Tier 1 Capital for accounts payables is calculated as the sum of:claims payable;amounts payable on reinsurance contracts held; andother accounts payable on insurance contracts issued;less:reversal of tax impact of payables.

Regulatory adjustments to Common Equity Tier 1 Capital for accounts receivables

These are adjustments to be added to Common Equity Tier 1 Capital relating to accounts receivables, net of tax effects.Regulatory adjustments to Common Equity Tier 1 Capital for account receivables is calculated as the sum of:premiums receivable;amounts receivable on reinsurance contracts held;non-reinsurance recoveries receivable; andother accounts receivable on insurance contracts issued;less:reversal of tax impact of receivables.

Regulatory adjustments to Common Equity Tier 1 Capital

This is the total of all regulatory adjustments applied to Common Equity Tier 1 Capital specified in GPS 112.Regulatory adjustments to Common Equity Tier 1 Capital is calculated as the sum of:holdings of own Common Equity Tier 1 Capital instruments;cash flow hedge reserves relating to hedging of items not recorded at fair value;excess of deferred tax assets over deferred tax liabilities;fair value gains and losses from changes in own creditworthiness;goodwill;other intangible assets;surplus in defined benefit superannuation fund;deficit in defined benefit superannuation fund;reinsurance assets related to reinsurance contracts that do not meet the reinsurance documentation test;reinsurance assets receivable under reinsurance contracts that do not meet governing law requirements;regulatory capital requirement of investments in subsidiaries, JVs and associates;investment in non-consolidated subsidiaries or controlled entities;undercapitalisation of non-consolidated subsidiaries;assets under a fixed or floating charge;fair value adjustments;adjustments to Common Equity Tier 1 Capital due to shortfall in Additional Tier 1 Capital; andother Common Equity Tier 1 Capital adjustments.

Regulatory capital requirement of investments in subsidiaries, JVs and associates

This is the deduction for investments in subsidiaries, joint ventures and associates that are subject to regulatory capital requirements as detailed in GPS 112.

Reinsurance assets receivable under reinsurance contracts that do not meet governing law requirements

This is the value of all reinsurance assets reported in relation to each reinsurance contract entered into by the reporting Level 2 insurance group incepting on or after 31 December 2008 that does not meet the governing law requirements as per GPS 230.

Reinsurance assets related to reinsurance contracts that do not meet the reinsurance documentation test

This is the value of the reinsurance assets in relation to each reinsurance arrangement that does not meet the reinsurance document test as per GPS 230.

Reserves from equity-settled share-based payments

This is the value of reserves from equity-settled share-based payments granted to employees as part of their remuneration package that meets the requirements of GPS 112.

Retained earnings

This is the value, as at the end of the reporting period, of retained earnings. Do not include the amount of undistributed current year earnings.

Retained earnings at the beginning of the reporting period

This is the value of retained earnings at the beginning of the reporting period.

Retained earnings at the end of the reporting period

This is calculated as the sum of:retained earnings at the beginning of the reporting period;profit (loss) from continuing and discontinued operations attributable to owners of the parent;adjustments to retained earnings due to changes in accounting policies / standards;reduction in retained earnings on share buy back;amounts transferred to / from reserves;dividends declared or paid; andother retained earnings movements.

Reversal of tax impact of payables

This is the amount related to the reversal of tax effect of the payables items:claims payable;amounts payable on reinsurance contracts held; andother accounts payable on insurance contracts issued.Full tax benefits and liabilities must be assumed for the purposes of reporting this item but they must be included when assessing the adjustment for excess of deferred tax assets over deferred tax liabilities.

Reversal of tax impact of receivables

This is the amount related to the reversal of tax effect of the receivable items:premiums receivable;amounts receivable on reinsurance contracts held;non-reinsurance recoveries receivable; andother accounts receivable on insurance contracts issued.Full tax benefits and liabilities must be assumed for the purposes of reporting this item but they must be included when assessing the adjustment for excess of deferred tax assets over deferred tax liabilities.

Tax effect of net OCL and PL surplus / (deficit)	This is the tax effect of the technical provisions in surplus (positive figure) or deficit (negative figure) of those required under GPS 340.Full tax benefits and liabilities must be assumed for the purposes of reporting this item and they must be included when assessing the adjustment for excess of deferred tax assets over deferred tax liabilities.
Tier 1 Capital	Tier 1 Capital is calculated as the sum of:Common Equity Tier 1 Capital; andAdditional Tier 1 Capital.
Tier 1 Capital ratio	Tier 1 Capital ratio is calculated as:Tier 1 Capital;divided by:prescribed capital amount.
Tier 2 Capital	Tier 2 Capital includes components of capital that, to varying degrees, fall short of the quality of Tier 1 Capital but nonetheless contribute to the overall strength of the Level 2 insurance group and its capacity to absorb losses.Tier 2 Capital is calculated as the sum of:eligible Tier 2 Capital instruments;adjustments and exclusions to Tier 2 Capital;transitional Tier 2 Capital; andless:holdings of own Tier 2 Capital instruments.
Transitional Additional Tier 1 Capital	This is the value of capital instruments that have been temporarily recognised and approved as Additional Tier 1 Capital for transition purposes.
Transitional Tier 2 Capital	This is the value of capital instruments that have been temporarily recognised and approved as Tier 2 Capital for transition purposes.

Undercapitalisation of non-consolidated subsidiaries	This is the value that APRA may require a Level 2 insurance group to deduct from Common Equity Tier 1 Capital to cover undercapitalisation of a non-consolidated subsidiary (or subsidiaries).
Undistributed current year earnings	Undistributed current year earnings should be consistent with the profit/(loss) amounts reported in the income statement.This item must account for (where applicable) negative goodwill, expected tax expenses, and dividends when declared in accordance with the Australian Accounting Standards. The declared dividends reported may be reduced by the expected proceeds, as agreed in writing by APRA, of a Dividend Reinvestment Plan to the extent that dividends are used to purchase new ordinary shares issued by the reporting Level 2 insurance group.
Unrealised gains or losses recognised on balance sheet	This is the total value of unrealised gains or losses that have been recognised on the balance sheet.

Item 1	Tier 1 Capital is a derived item and is calculated as the sum of:item 1.1; anditem 1.2.
Item 1.1	Common Equity Tier 1 Capital is a derived item and is calculated as the sum of:item 1.1.1;item 1.1.2;item 1.1.3;item 1.1.4;item 1.1.5;item 1.1.6;item 1.1.7;item 1.1.8; anditem 1.1.11less:item 1.1.9; anditem 1.1.10
Item 1.1.1	Report the paid-up ordinary shares amount.
Item 1.1.2	Report the mutual equity interests amount.
Item 1.1.3	Report the retained earnings amount.
Item 1.1.4	Report the undistributed current year earnings amount.
Item 1.1.5	Accumulated other comprehensive income and other disclosed reserves is a derived item and is calculated as the sum of:item 1.1.5.1;item 1.1.5.2;item 1.1.5.3;item 1.1.5.4;item 1.1.5.5; anditem 1.1.5.6.
Item 1.1.5.1	Report the unrealised gains or losses recognised on balance sheet amount.
Item 1.1.5.2	Report the reserves from equity-settled share-based payments amount.Only the reserves relating to the issue of new shares should be reported.
Item 1.1.5.3	Report the foreign currency translation reserve amount.
Item 1.1.5.4	Report the general reserve amount.
Item 1.1.5.5	Report the cumulative unrealised gains or losses on hedges offsetting gains or losses in Common Equity Tier 1 Capital amount.
Item 1.1.5.6	Report the other gains and losses in accumulated comprehensive income and other disclosed reserves amount.
Item 1.1.6	Report minority interests.
Item 1.1.7	Net surplus / (deficit) relating to insurance liabilities is a derived item and is calculated as the sum of:item 1.1.7.1;item 1.1.7.2; anditem 1.1.7.3;less:item 1.1.7.4.
Item 1.1.7.1	Report the OCL surplus / (deficit) amount.
Item 1.1.7.2	Report the PL surplus / (deficit) amount.
Item 1.1.7.3	Report the cost of reinsurance for future business not yet written amount.
Item 1.1.7.4	Report the tax effect of net OCL and PL surplus / (deficit) amount.Report any surpluses as a positive figure and any deficits as a negative figure. Do not deduct the tax effect if a deferred tax asset has been recognised in relation to the net surplus / (deficit).
Item 1.1.8	Regulatory adjustments to Common Equity Tier 1 capital for accounts receivables is a derived item and is calculated as the sum of:item 1.1.8.1;item 1.1.8.2;item 1.1.8.3; anditem 1.1.8.4less:item 1.1.8.5.
Item 1.1.8.1	Report the premiums receivable amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.
Item 1.1.8.1.1	Report the premiums receivable expected to be received in 6 months or less amount.
Item 1.1.8.1.2	Report the premiums receivable expected to be received in more than 6 months amount.
Item 1.1.8.1.3	Report the premiums receivable on unclosed business amount.
Item 1.1.8.2	Report the amounts receivable on reinsurance contracts held amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.
Item 1.1.8.3	Report the non-reinsurance recoveries receivable amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.
Item 1.1.8.4	Report the other accounts receivable on insurance contracts issued amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.
Item 1.1.8.5	Report the reversal of tax impact of receivables amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.
Item 1.1.9	Regulatory adjustments to Common Equity Tier 1 capital for accounts payables is a derived item and is calculated as the sum of:item 1.1.9.1;item 1.1.9.2; anditem 1.1.9.3;less:item 1.1.9.4.
Item 1.1.9.1	Report the claims payable amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.
Item 1.1.9.2	Report the amounts payable on reinsurance contracts held amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.
Item 1.1.9.3	Report the other accounts payable on insurance contracts issued amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.
Item 1.1.9.4	Report the reversal of tax impact of payables amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.
Item 1.1.10	Regulatory adjustments to Common Equity Tier 1 Capital is a derived item and is calculated as the sum of:items 1.1.10.1 to 1.1.10.17 inclusive.
Item 1.1.10.1	Report the holdings of own Common Equity Tier 1 Capital instruments amount.
Item 1.1.10.2	Report the cash flow hedge reserves relating to hedging of items not recorded at fair value amount.
Item 1.1.10.3	Report the excess of deferred tax assets over deferred tax liabilities amount.Where the deferred tax liabilities exceed the deferred tax assets, this value should be reported as zero. Note that the netting of deferred tax assets and deferred tax liabilities must only be applied where the reporting Level 2 insurance group has a legally enforceable right to set-off deferred tax assets against deferred tax liabilities.
Item 1.1.10.4	Report the fair value gains and losses from changes in own creditworthiness amount.This amount is to be reported as a positive value where there are unrealised gains or a negative value for unrealised losses.
Item 1.1.10.5	Report the goodwill amount.Amounts reported in this item must be net of any associated deferred tax liability that would be extinguished if the assets involved become impaired or derecognised under Australian Accounting Standards.
Item 1.1.10.6	Report the other intangible assets amount.
Item 1.1.10.7	Report the surplus in defined benefit superannuation fund amount.Any excluded surplus must reverse any associated deferred tax liability from Common Equity Tier 1 Capital. Where the extinguished deferred tax liability of the defined benefit superannuation fund exceeds the reported surplus, this value should be reported as zero.
Item 1.1.10.8	Report the deficit in defined benefit superannuation fund amount.This item only needs to be reported where the deficit is not already reflected in Common Equity Tier 1 Capital.Report the deficit (if any) as a positive number.
Item 1.1.10.9	Report the reinsurance assets related to reinsurance contracts that do not meet the reinsurance documentation test amount.
Item 1.1.10.10	Report the reinsurance assets receivable under reinsurance contracts that do not meet governing law requirements amount.
Item 1.1.10.11	Report the regulatory capital requirement of investments in subsidiaries, JVs and associates amount.The amount of the deduction is the lesser of the reporting Level 2 insurance group's share of the regulatory capital requirements and the value of the investment that is recorded on the reporting Level 2 insurance group's balance sheet after adjustment for any intangibles reported in:Goodwill; andOther intangible assets.If the investment subject to this deduction is a non-operating holding company, a look-through approach must be applied.
Item 1.1.10.12	Report the investment in non-consolidated subsidiaries or controlled entities amount.
Item 1.1.10.13	Report the undercapitalisation of non-controlled subsidiaries amount.
Item 1.1.10.14	Report the assets under a fixed or floating charge amount.
Item 1.1.10.15	Report the fair value adjustments amount.This deduction can be a negative amount (that is, an addition to Common Equity Tier 1 Capital) if fair value exceeds reported value.Where the asset fair value is less than the reported value in the balance sheet, report a positive value. Otherwise, report this as a negative value.
Item 1.1.10.16	Report the adjustments to Common Equity Tier 1 Capital due to shortfall in Additional Tier 1 Capital amount.Report any shortfall in Additional Tier 1 Capital as a positive value.
Item 1.1.10.17	Report the other Common Equity Tier 1 Capital adjustments amount.
Item 1.1.11	Report the adjustments and exclusions to Common Equity Tier 1 Capital amount.Report adjustments that would result in an increase to Common Equity Tier 1 Capital as a positive value.
Item 1.2	Additional Tier 1 Capital is a derived item and is calculated as the sum of:item 1.2.1;item 1.2.4;item 1.2.5; anditem 1.2.6less:item 1.2.2; anditem 1.2.3.
Item 1.2.1	Report the Additional Tier 1 Capital instruments amount.
Item 1.2.2	Report the holdings of own Additional Tier 1 Capital instruments amount.This amount is to be reported as a positive value where it would result in a reduction to Additional Tier 1 Capital.
Item 1.2.3	Report the adjustments to Additional Tier 1 Capital due to shortfall in Tier 2 Capital amount.This amount is to be reported as a positive value where it would result in a reduction to Additional Tier 1 Capital.
Item 1.2.4	Report the adjustments and exclusions to Additional Tier 1 Capital amount.Report adjustments that would increase the amount of Additional Tier 1 Capital as a positive value.
Item 1.2.5	Report the transitional Additional Tier 1 Capital amount.
Item 1.2.6	Report the excess mutual equity interests amount.

Item 1

Tier 1 Capital is a derived item and is calculated as the sum of:item 1.1; anditem 1.2.

Item 1.1

Common Equity Tier 1 Capital is a derived item and is calculated as the sum of:item 1.1.1;item 1.1.2;item 1.1.3;item 1.1.4;item 1.1.5;item 1.1.6;item 1.1.7;item 1.1.8; anditem 1.1.11less:item 1.1.9; anditem 1.1.10

Item 1.1.1

Report the paid-up ordinary shares amount.

Item 1.1.2

Report the mutual equity interests amount.

Item 1.1.3

Report the retained earnings amount.

Item 1.1.4

Report the undistributed current year earnings amount.

Item 1.1.5

Accumulated other comprehensive income and other disclosed reserves is a derived item and is calculated as the sum of:item 1.1.5.1;item 1.1.5.2;item 1.1.5.3;item 1.1.5.4;item 1.1.5.5; anditem 1.1.5.6.

Item 1.1.5.1

Report the unrealised gains or losses recognised on balance sheet amount.

Item 1.1.5.2

Report the reserves from equity-settled share-based payments amount.Only the reserves relating to the issue of new shares should be reported.

Item 1.1.5.3

Report the foreign currency translation reserve amount.

Item 1.1.5.4

Report the general reserve amount.

Item 1.1.5.5

Report the cumulative unrealised gains or losses on hedges offsetting gains or losses in Common Equity Tier 1 Capital amount.

Item 1.1.5.6

Report the other gains and losses in accumulated comprehensive income and other disclosed reserves amount.

Item 1.1.6

Report minority interests.

Item 1.1.7

Net surplus / (deficit) relating to insurance liabilities is a derived item and is calculated as the sum of:item 1.1.7.1;item 1.1.7.2; anditem 1.1.7.3;less:item 1.1.7.4.

Item 1.1.7.1

Report the OCL surplus / (deficit) amount.

Item 1.1.7.2

Report the PL surplus / (deficit) amount.

Item 1.1.7.3

Report the cost of reinsurance for future business not yet written amount.

Item 1.1.7.4

Report the tax effect of net OCL and PL surplus / (deficit) amount.Report any surpluses as a positive figure and any deficits as a negative figure. Do not deduct the tax effect if a deferred tax asset has been recognised in relation to the net surplus / (deficit).

Item 1.1.8

Regulatory adjustments to Common Equity Tier 1 capital for accounts receivables is a derived item and is calculated as the sum of:item 1.1.8.1;item 1.1.8.2;item 1.1.8.3; anditem 1.1.8.4less:item 1.1.8.5.

Item 1.1.8.1

Report the premiums receivable amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.

Item 1.1.8.1.1

Report the premiums receivable expected to be received in 6 months or less amount.

Item 1.1.8.1.2

Report the premiums receivable expected to be received in more than 6 months amount.

Item 1.1.8.1.3

Report the premiums receivable on unclosed business amount.

Item 1.1.8.2

Report the amounts receivable on reinsurance contracts held amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.

Item 1.1.8.3

Report the non-reinsurance recoveries receivable amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.

Item 1.1.8.4

Report the other accounts receivable on insurance contracts issued amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.

Item 1.1.8.5

Report the reversal of tax impact of receivables amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.

Item 1.1.9

Regulatory adjustments to Common Equity Tier 1 capital for accounts payables is a derived item and is calculated as the sum of:item 1.1.9.1;item 1.1.9.2; anditem 1.1.9.3;less:item 1.1.9.4.

Item 1.1.9.1

Report the claims payable amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.

Item 1.1.9.2

Report the amounts payable on reinsurance contracts held amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.

Item 1.1.9.3

Report the other accounts payable on insurance contracts issued amount.This item is to be reported as a positive number and is a deduction to Common Equity Tier 1 Capital.

Item 1.1.9.4

Report the reversal of tax impact of payables amount.This item is to be reported as a positive number and is an addition to Common Equity Tier 1 Capital.

Item 1.1.10

Regulatory adjustments to Common Equity Tier 1 Capital is a derived item and is calculated as the sum of:items 1.1.10.1 to 1.1.10.17 inclusive.

Item 1.1.10.1

Report the holdings of own Common Equity Tier 1 Capital instruments amount.

Item 1.1.10.2

Report the cash flow hedge reserves relating to hedging of items not recorded at fair value amount.

Item 1.1.10.3

Report the excess of deferred tax assets over deferred tax liabilities amount.Where the deferred tax liabilities exceed the deferred tax assets, this value should be reported as zero. Note that the netting of deferred tax assets and deferred tax liabilities must only be applied where the reporting Level 2 insurance group has a legally enforceable right to set-off deferred tax assets against deferred tax liabilities.

Item 1.1.10.4

Report the fair value gains and losses from changes in own creditworthiness amount.This amount is to be reported as a positive value where there are unrealised gains or a negative value for unrealised losses.

Item 1.1.10.5

Report the goodwill amount.Amounts reported in this item must be net of any associated deferred tax liability that would be extinguished if the assets involved become impaired or derecognised under Australian Accounting Standards.

Item 1.1.10.6

Report the other intangible assets amount.

Item 1.1.10.7

Report the surplus in defined benefit superannuation fund amount.Any excluded surplus must reverse any associated deferred tax liability from Common Equity Tier 1 Capital. Where the extinguished deferred tax liability of the defined benefit superannuation fund exceeds the reported surplus, this value should be reported as zero.

Item 1.1.10.8

Report the deficit in defined benefit superannuation fund amount.This item only needs to be reported where the deficit is not already reflected in Common Equity Tier 1 Capital.Report the deficit (if any) as a positive number.

Item 1.1.10.9

Report the reinsurance assets related to reinsurance contracts that do not meet the reinsurance documentation test amount.

Item 1.1.10.10

Report the reinsurance assets receivable under reinsurance contracts that do not meet governing law requirements amount.

Item 1.1.10.11

Report the regulatory capital requirement of investments in subsidiaries, JVs and associates amount.The amount of the deduction is the lesser of the reporting Level 2 insurance group's share of the regulatory capital requirements and the value of the investment that is recorded on the reporting Level 2 insurance group's balance sheet after adjustment for any intangibles reported in:Goodwill; andOther intangible assets.If the investment subject to this deduction is a non-operating holding company, a look-through approach must be applied.

Item 1.1.10.12

Report the investment in non-consolidated subsidiaries or controlled entities amount.

Item 1.1.10.13

Report the undercapitalisation of non-controlled subsidiaries amount.

Item 1.1.10.14

Report the assets under a fixed or floating charge amount.

Item 1.1.10.15

Report the fair value adjustments amount.This deduction can be a negative amount (that is, an addition to Common Equity Tier 1 Capital) if fair value exceeds reported value.Where the asset fair value is less than the reported value in the balance sheet, report a positive value. Otherwise, report this as a negative value.

Item 1.1.10.16

Report the adjustments to Common Equity Tier 1 Capital due to shortfall in Additional Tier 1 Capital amount.Report any shortfall in Additional Tier 1 Capital as a positive value.

Item 1.1.10.17

Report the other Common Equity Tier 1 Capital adjustments amount.

Item 1.1.11

Report the adjustments and exclusions to Common Equity Tier 1 Capital amount.Report adjustments that would result in an increase to Common Equity Tier 1 Capital as a positive value.

Item 1.2

Additional Tier 1 Capital is a derived item and is calculated as the sum of:item 1.2.1;item 1.2.4;item 1.2.5; anditem 1.2.6less:item 1.2.2; anditem 1.2.3.

Item 1.2.1

Report the Additional Tier 1 Capital instruments amount.

Item 1.2.2

Report the holdings of own Additional Tier 1 Capital instruments amount.This amount is to be reported as a positive value where it would result in a reduction to Additional Tier 1 Capital.

Item 1.2.3

Report the adjustments to Additional Tier 1 Capital due to shortfall in Tier 2 Capital amount.This amount is to be reported as a positive value where it would result in a reduction to Additional Tier 1 Capital.

Item 1.2.4

Report the adjustments and exclusions to Additional Tier 1 Capital amount.Report adjustments that would increase the amount of Additional Tier 1 Capital as a positive value.

Item 1.2.5

Report the transitional Additional Tier 1 Capital amount.

Item 1.2.6

Report the excess mutual equity interests amount.

Item 2	Tier 2 Capital is a derived item and is calculated as the sum of:item 2.1;item 2.3; anditem 2.4less:item 2.2.
Item 2.1	Report the eligible Tier 2 Capital instruments amount.It should be reported net of any amortisation required under GPS 112.
Item 2.2	Report the holdings of own Tier 2 Capital instruments amount.This item is to be reported as a positive amount where the Level 2 insurance group has holdings of its own issued Tier 2 instruments and is a deduction to Tier 2 Capital
Item 2.3	Report the adjustments and exclusions to Tier 2 Capital amount.Report adjustments that would increase the amount of Tier 2 Capital recognised as a positive value.
Item 2.4	Report the transitional Tier 2 Capital amount.

Item 4.1	Report the prescribed capital amount.
Item 4.2	Report the net assets (less equity components classified as Additional Tier 1 Capital) amount.
Item 4.3	Common Equity Tier 1 Capital ratio is a derived item and is calculated as:item 1.1divided by:item 4.1.This ratio is expressed as a percentage.
Item 4.4	Tier 1 Capital ratio is a derived item and is calculated as:item 1divided by:item 4.1.This ratio is expressed as a percentage.
Item 4.5	Prescribed capital amount coverage is a derived item and is calculated as:item 3divided by:item 4.1.This ratio is expressed as a percentage.
Item 4.6	Net assets ratio is a derived item and is calculated as:item 4.2 multiplied by 1.2divided by:item 4.1.This ratio is expressed as a percentage.
Item 4.7	Net assets plus Additional Tier 1 Capital ratio is a derived item and is calculated as the sum ofitem 1.2; anditem 4.2 multiplied by 1.2divided by:item 4.1.This ratio is expressed as a percentage.
Item 4.8	Prescribed capital amount coverage (net assets) is a derived item and is calculated as the sum of:item 1.2;item 2; anditem 4.2 multiplied by 1.2divided by:item 4.1.This ratio is expressed as a percentage.

Item 1.1	Report the retained earnings at the beginning of the reporting period.
Item 1.2	Report the profit (loss) from continuing and discontinued operations attributable to owners of the parent amount.Report this as a positive value where it would result in an increase to retained earnings.
Item 1.3	Report the adjustments to retained earnings due to changes in accounting policies / standards amount.Any adjustment that increases retained earnings is to be reported as a positive amount.
Item 1.4	Report the reduction in retained earnings on share buy back amount.Any reduction to retained earnings due to a buy back is to be reported as a negative amount.
Item 1.5	Report the amounts transferred to / from reserves amount.Amounts transferred to retained earnings are to be reported as a positive amount.
Item 1.6	Report the dividends declared or paid amount.Dividends declared or paid is to be reported as a negative amount.
Item 1.7	Report the other retained earnings movements amount.Report this as a positive value where it would result in an increase to retained earnings.
Item 1.8	Retained earnings at the end of the reporting period is a derived item calculated as:item 1.1;item 1.2;item 1.3;item 1.4;item 1.5;item 1.6; anditem 1.7.

Specific InstructionsSpecific Instructions

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Table 1: Determination Of Capital Base

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Table 2: Movement In Retained Earnings

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