Capital Adequacy
The assets held above the APRA minimum requirement as set out in HPS110 Capital Adequacy at 30 June 2024 is set out below.
|
Amount '000 |
|
|---|---|
| Capital Base | |
| Net Assets | 91,231 |
| Regulatory adjustments applied in the calculation of Common Equity Tier 1 Capital | 1,416 |
| Common Equity Tier 1 Capital | 92,647 |
| Total Capital Base | 92,647 |
| Prescribed Capital Amount | |
| Insurance Risk Charge | 41,205 |
| Asset Risk Charge | 7,833 |
| Operational Risk Charge | 4,752 |
| Less: Aggregation Benefit | (5,583) |
| Total Prescribed Capital Amount | 48,207 |
| Capital Adequacy Multiple | 1.92 |