GRF_310_0_L: Income Statement
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Australian Business Number
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Institution Name
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Reporting Period
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Scale Factor
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Quarterly / Annual
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Thousands of dollars no decimal place
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Reporting Consolidation
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Licensed Insurer
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Category of insurer
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A - Locally Incorporated
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B - Subsidiary of Insurance Group
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C - Foreign general insurer
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D - Association Captive
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E - Sole Parent Captive
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Premium revenue:
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Direct business
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Inwards reinsurance
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Fire service levy (and other levies imposed by state and territory
governments)
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Total premium revenue
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Outwards reinsurance expense relating to current and prior years cover
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Net premium revenue
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Claims expense:
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Associated with direct business:
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Paid claims
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Movement in OCL
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Associated with inwards reinsurance:
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Paid claims
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Movement in OCL
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Gross claims expense
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Non-reinsurance recoveries revenue
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Reinsurance recoveries revenue relating to current and prior years
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Total recoveries
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Net claims expense
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Net claims expense which is: Current period net claims expense
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Net claims expense which is: Non-recurring items that are part of
total net claims expense
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Acquisition costs (excluding the results of the liability adequacy
tests)
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Results of liability adequacy tests (current year)
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Results of liability adequacy tests (prior years)
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Levies and charges
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Commission revenue
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Commission expense
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Other underwriting expenses
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Total underwriting expenses
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Underwriting result
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Investment income on assets backing insurance liabilities
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Investment expenses on assets backing insurance liabilities
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Insurance result
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Investment income on shareholders' funds
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Other operating income
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Other operating expenses
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Bargain purchase immediately recognised in profit or loss
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Profit (loss) from non-current assets and disposal groups classified
as held for sale and not qualifying as discontinued operations
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Profit (loss) from continuing operations before income tax expense
(benefit)
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Income tax expense (benefit) from continuing operations
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Profit (loss) from continuing operations after income tax
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Profit (loss) from discontinued operations after income tax
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Net profit (loss) after income tax attributable to members of the
company
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Opening / closing balance of retained earnings (non Category C
insurers only)
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Retained earnings at the beginning of the financial year
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Adjustments to retained earnings due to change in accounting policies
/ standards
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Reduction in retained earnings on share buy back
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Amounts transferred to / from reserves
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Total available for appropriation
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Dividends declared or paid
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Retained earnings at the end of the reporting period
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Opening / closing balance of retained earnings (Category C insurers
only)
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Retained earnings at the beginning of the financial year
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Adjustments to retained earnings due to change in accounting policies
/ standards
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Aggregate of amounts transferred from / to reserves
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Aggregate of amounts transferred from parent entity (i.e.
contributions of capital)
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Aggregate of amounts transferred to parent entity (i.e. dividends)
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Aggregate of other amounts
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Head office transfers declared or paid
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Retained earnings at the end of the reporting period
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