PET - Plain English Taxonomy

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