PET - Plain English Taxonomy

Attribute:	PL14471
Concept:	Equity Life Act Reconciling Adjustments Amount
Label:	Reconciliation adjustments
Concept Guidance:	Report the value of the difference between retained profits as determined in accordance with the Life Insurance Act and retained profits determined in accordance with accounting standards.
Form-Specifc Guidance:	This is the adjustment necessary to reconcile Life Insurance Act retained profits at end of period to the retained profits as per general purpose accounts balance sheet.

Dimensions

Dimension	Member	Description
JurisdictionDimension	(Australian)	This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates. Data reported is within the jurisdictional reach of Australia.
StatFundInterestDimension	(PolicyOwnerInterest)	This dimension is used to segment data based on the type of interest in the statutory fund The values reported relate to those belonging to policy holders in the statutory fund

Dimension

Member

Description

JurisdictionDimension

(Australian)

This dimension is used to categorise reported information according to the jurisdictional reach to which that information relates.
Data reported is within the jurisdictional reach of Australia.

StatFundInterestDimension

(PolicyOwnerInterest)

This dimension is used to segment data based on the type of interest in the statutory fund
The values reported relate to those belonging to policy holders in the statutory fund