| LRF_112_0: Determination of Capital Base (SF) | |
| Effective date: 1 January 2013 | |
| Australian Business Number | Institution Name |
| Life companies, including friendly societies | |
| Reporting Period | Scale Factor |
| Quarterly / Annual | Thousands |
| Reporting Consolidation | |
| Statutory fund | |
| Section 1: Statutory fund capital base | |
| 1. LRF 300.1: Net assets as per Life Insurance Act | |
| 2. Seed capital transferred from management fund | |
| 3. Less: Regulatory adjustments to net assets | |
| 3.1. Holdings of life company's own Tier 1 Capital instruments | |
| 3.2. Excess of deferred tax assets over deferred tax liabilities | |
| 3.3. Fair value gains and losses from changes in own creditworthiness | |
| 3.4. Goodwill and other intangible assets | |
| 3.5. Surplus in defined benefit superannuation fund | |
| 3.6. Deficit in defined benefit superannuation fund | |
| 3.7. Reinsurance assets not subjected to an executed and legally binding contract | |
| 3.8. Regulatory capital requirement of investments in subsidiary, JV and associate | |
| 3.9. Assets under a fixed or floating charge | |
| 3.10. Liability adjustments (see Section 2) | |
| 3.11. Fair value adjustments | |
| 3.12. Adjustments to net assets of the fund due to shortfall in Tier 2 Capital | |
| 3.13. Other net asset adjustments | |
| 4. Other adjustments to net assets as approved by APRA | |
| 5. Tier 2 Capital | |
| 5.1. Eligible Tier 2 Capital instruments issued by the fund | |
| 5.2. Less: All holdings of own Tier 2 Capital instruments | |
| 5.3. Adjustments and exclusions to Tier 2 Capital | |
| 5.4. Transitional Tier 2 Capital | |
| 6. Capital base | |
| Section 2: Additional information - Capital base | |
| 1. Liability adjustments | |
| 1.1. Fund TOTAL: Adjusted policy liabilities | |
| 1.2. LRF 300.1: Less: Fund TOTAL: Net policy liabilities | |
| 1.3. LRF 300.1: Less: Fund TOTAL: Policy owner retained profits | |
| 1.4. Additional tax benefits/(liabilities) from adjustments | |
