| LRF_310_2: Income Statement (SF Total, GF, GF Elim, Entity) | ||||||
| Australian Business Number | Institution Name | |||||
| Life companies including friendly societies | ||||||
| Reporting Period | Scale Factor | |||||
| Quarterly / Annual | Thousands | |||||
| Reporting Consolidation | ||||||
| Licensed insurer | ||||||
| Revenue | ||||||
| Total statutory funds | General fund | General fund elimination | Total entity | |||
| Australian business | Overseas business | Total business | ||||
| 1. Insurance policy revenue | ||||||
| 1.1. Life insurance direct premiums | ||||||
| 1.2. Policy conversions - inwards | ||||||
| 1.3. Inwards life reinsurance premium revenue | ||||||
| 1.4. Total premiums from non-life insurance business | ||||||
| 1.5. Outward reinsurance premiums expense | ||||||
| 1.6. Total insurance policy revenue, net of reinsurance | ||||||
| 2. Fees for management services rendered | ||||||
| 2.1. Premium-related fees revenue | ||||||
| 2.2. Non-premium related fees | ||||||
| 2.3. Fees reported as movement in policy liability (Net movement in liability for deferred fee revenue) | ||||||
| 2.4. Total fees for management services rendered | ||||||
| 3. Investment revenue | ||||||
| 3.1. Investment income (excluding capital gains or losses) from | ||||||
| 3.1.1. Cash holdings | ||||||
| 3.1.2. Investment property | ||||||
| 3.1.3. Equity securities | ||||||
| 3.1.4. Debt securities | ||||||
| 3.1.5. Other investment assets | ||||||
| 3.1.6. Total investment income (excluding capital gains or losses) | ||||||
| 3.2. Realised and unrealised capital gains (or losses) from | ||||||
| 3.2.1. Investment property | ||||||
| 3.2.2. Equity securities | ||||||
| 3.2.3. Debt securities | ||||||
| 3.2.4. Other investment assets | ||||||
| 3.2.5. Total realised and unrealised capital gains (or losses) | ||||||
| 3.3. Total investment revenue | ||||||
| 4. Other revenue | ||||||
| 5. Total revenue | ||||||
| Expenses | ||||||
| 6. Insurance policy expense | ||||||
| 6.1. Death and disability claims | ||||||
| 6.2. Maturities | ||||||
| 6.3. Annuities | ||||||
| 6.4. Surrenders and terminations | ||||||
| 6.5. Policy conversions - outwards | ||||||
| 6.6. Other claims | ||||||
| 6.7. Inwards reinsurance claims expense (including current year bonus) | ||||||
| 6.8. Total non-life policy expense | ||||||
| 6.9. Outward reinsurance claims revenue | ||||||
| 6.10. Total insurance policy expense, net of reinsurance | ||||||
| 7. Operating expenses | ||||||
| 7.1. Policy acquisition - commission and other incremental expenses | ||||||
| 7.2. Policy acquisition - other expenses | ||||||
| 7.3. Policy acquisition - total expenses | ||||||
| 7.4. Policy maintenance - commission and other incremental expenses | ||||||
| 7.5. Policy maintenance - other expenses | ||||||
| 7.6. Policy maintenance - total expenses | ||||||
| 7.7. Investment management expenses | ||||||
| 7.8. Acquisition expenses reported as movement in policy liability (Net movement in DAC) | ||||||
| 7.9. Other administration expenses | ||||||
| 7.10. Interest expense on subordinated debt | ||||||
| 7.11. Interest expense on other borrowings | ||||||
| 7.12. Total non-life operating expenses | ||||||
| 7.13. Total operating expenses | ||||||
| 8. Movement in net policy liabilities | ||||||
| 8.1. Increase/(decrease) in net policy liabilities | ||||||
| 8.1.1. Of which: Surplus distributed to benefit fund members | ||||||
| 8.1.2. Of which: Increase/decrease in unallocated surplus | ||||||
| 9. Adjustment to movement in net policy liabilities - policy revenue | ||||||
| Policy revenue recognised as a deposit or as a change in policy liability | ||||||
| 9.1. Contractual direct premiums | ||||||
| 9.2. Policy conversions - inwards | ||||||
| 9.3. Inwards reinsurance premium revenue | ||||||
| 9.4. Total non-life insurance premiums | ||||||
| 9.5. Outward reinsurance premiums expense | ||||||
| 9.6. Total policy revenue, net of reinsurance | ||||||
| 10. Adjustment to movement in net policy liabilities - policy expense | ||||||
| Policy expense recognised as withdrawal of deposit or change in policy liability | ||||||
| 10.1. Death and disability claims | ||||||
| 10.2. Maturities | ||||||
| 10.3. Annuities | ||||||
| 10.4. Surrenders and terminations | ||||||
| 10.5. Policy conversions - outwards | ||||||
| 10.6. Other claims | ||||||
| 10.7. Total claims | ||||||
| 10.8. Inwards reinsurance claims expense (including current year bonus) | ||||||
| 10.9. Total non-life policy expense | ||||||
| 10.10. Outward reinsurance claims revenue | ||||||
| 10.11. Policy acquisition - commission and other incremental expenses | ||||||
| 10.12. Policy acquisition - other expenses | ||||||
| 10.13. Policy acquisition - total expenses | ||||||
| 10.14. Total policy expense, net of reinsurance | ||||||
| 11. Effective movement in net policy liabilities | ||||||
| 12. Change in policy owner retained profits | ||||||
| 12.1. Increase/(decrease) in policy owner retained profits | ||||||
| 13. Other expenses | ||||||
| 14. Total expenses | ||||||
| 15. Profit/(loss) before income tax | ||||||
| 16. Tax | ||||||
| 16.1. Income tax attributable to profit/(loss) - shareholders | ||||||
| 16.2. Income tax attributable to profit/(loss) - policy owners | ||||||
| 16.3. Total tax | ||||||
| 17. Profit/(loss) after income tax | ||||||
| 18. Increase/(decrease) in unallocated benefit fund reserves | ||||||
| 19. Profit/(loss) after income tax attributable to shareholders | ||||||
| Annual return reconciliations | ||||||
| (Only complete for annual returns) | ||||||
| 20. Reconciliation adjustments | ||||||
| 21. Operating profit/(loss) after tax, per general purpose accounts - profit & loss account | ||||||
