S Closing account balance



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Write at S the member’s account balance at 30 June 2015. If the member's closing account balance is zero or a negative amount, write 0 (zero) at S. To work out the member’s closing account balance at 30 June 2015:

  • add      
    • Opening account balance (at 1 July 2014)
    • N Total contributions
    • O Allocated earnings and losses (if the amount is positive)
    • P Inward rollovers and transfers
  • and then subtract      
    • O Allocated earnings and losses (if the amount is a loss)
    • Q Outward rollovers and transfers
    • R1 Lump sum payments
    • R2 Income stream payments.

If a member has multiple accounts, you should have combined them so that each member has only one statement in either Section F or Section G.

Last modified: 15 Jan 2016QC 44344