Australian Prudential Regulation Authority (confidentiality) determination No. 23 of 2013 (Cth)

Australian Prudential Regulation Authority

(confidentiality) determination No.23 of 2013

Certain information provided by specified entities under Reporting

Standard SRS 100.0

Australian Prudential Regulation Authority Act 1998

I, Juanita Hoare, a delegate of APRA, under section 57 of the Australian Prudential

Regulation Authority Act 1998, DETERMINE that a reporting document described in Part 1

of the Schedule does not contain confidential information, except for the items of information

specified in Part 2 of the Schedule.

This determination has effect on the date of registration on the Federal Register of Legislative

Instruments under the Legislative Instruments Act 2003.

Note:

The effect of this determination is that the non-confidential information may be published under

subsection 56(5C) of the Australian Prudential Regulation Authority Act.

Dated 11 December 2013

[Signed]

Juanita Hoare

Senior Manager

Policy, Statistics and International

Interpretation   Document ID: 211679

In this determination

APRA means the Australian Prudential Regulation Authority.

Schedule

Part 1 (reporting documents covered by this determination)

A reporting document (within the meaning of section 13 of Financial Sector (Collection of Data Act) 2001) is covered by this determination solely to the extent that the

reporting document is used by APRA to calculate and to publish in the ROR

publication, the calculated 30 June ROR and the reporting document satisfies all of the following conditions:

1.         The reporting document relates to a reporting period ending on or after 30 June

2005 and before 1 August 2013.

2.         Thereporting document was given to APRA under reporting form SRF 100.0, under Reporting Standard SRS 100.0 (2005) Statement of Financial Performance made under Financial Sector (Collection of Data) determination No. 46 of 2005 or a prior reporting standard of the same name and number, by one of the following entities (the specified entities):

ANZ Australian Staff Superannuation Scheme	ABN 83 810 127 567
Combined Fund	ABN 46 921 400 504
Lutheran Super	ABN 93 371 348 387
Mars Australia Retirement Plan	ABN 78 588 636 895
National Mutual Retirement Fund	ABN 76 746 741 299
Nestle Australia Group Superannuation Fund	ABN 33 472 013 860
Shell Australia Superannuation Fund	ABN 68 282 536 911
Super Directions Fund	ABN 78 421 957 449
TAL Superannuation and Insurance Fund	ABN 20 891 605 180
The Victorian Independent Schools Superannuation Fund	ABN 37 024 873 660
Uniting Church in Australia Beneficiary Fund	ABN 20 744 096 506

3.         Thereporting document was received by APRA before the date of this determination.

Interpretation

In Part 1 and Part 2 of this Schedule

calculated 30 June ROR means the ROR as at 30 June (or 31 May or 31 July for non-calendar quarter balancing funds) calculated by APRA in accordance with the ROR Methodology set out below.

ROR is short for rate of return.

ROR publication means APRA’s publication Superannuation Fund Level Rates of Return.

ROR Methodology:

ROR is calculated as:          ROR =      Net earnings after tax

Cash flow adjusted net assets

For superannuation funds with a non-30 June balance date, the calculated 30 June ROR will be calculated using annual (SRF 200.0) and quarterly (SRF 100.0) return data.

It is important to note that net earnings after tax and net flows data is reported on a year-to- date (YTD) basis in the quarterly returns. Additionally, the beginning net assets will be taken from the net assets at the end of the reporting period (SRF 100.0, item 23 + SRF 100.0, item

23.1) as reported in the quarterly return for period end 30 June of the previous financial year.

Below is an example of how the ROR at 30 June 2013 will be calculated for a fund with a 31

December balance date:

Balance Date	Net earnings after tax        (YTD 30 June)	Beginning net assets for period end 30 Jun-12	Net flows   (YTD 30 June)
31 December	Annual return for period end 31 December 2012 less Quarterly return YTD data to 30 June 2012 plus Quarterly return YTD data to 30 June 2013	Net assets at the end of the reporting period as reported in the quarterly return for period end 30 June 2012 (SRF 100.0, item 23 + SRF 100.0, item 23.1).	Annual return for period end 31 December 2012 less Quarterly return YTD data to 30 June 2012 plus Quarterly return YTD data to 30 June 2013

The diagram below is a graphical representation of the methodology used to calculate YTD

data. This example shows how YTD data to 30 June 2013 is calculated for a fund with a 31

December balance date.

Schedule

Part 2 (items of information from reporting documents that are to remain confidential)

1.         Personalinformation, within the meaning of the Privacy Act 1988;

2.         Information reported in a reporting document for a superannuation entity or institution that is a pooled superannuation trust, within the meaning of the Superannuation Industry (Supervision) Act 1993;

3.          Allitems of information other than those used by APRA to calculate the calculated 30 June ROR; and

4.          Allitems of information used by APRA to calculate the calculated 30 June ROR except to the extent that the calculated 30 June ROR is published by APRA in the ROR publication.