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