Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2011 - GRS 300.0_G (2011) - Statement of Financial Position (Level 2 Insurance Group)
6.0Total plant & equipment
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6.0 Total plant & equipment
All plant and equipment should be recognised and measured in accordance with applicable Australian accounting standards. Report the total value of plant and equipment net of depreciation and impairment.
All direct property assets are to be reported under item 2.3. This treatment is different to the requirements of Australian accounting standards.
The investment risk charge will be calculated based on the capital factor specified in GPS 114.