Financial Position 3 This is the value, as at the relevant date, of expected insurance recoveries from the maximum loss event. Maximum Loss is the largest gross loss to which the reporting party will be exposed (taking into account the probability of that loss) without any allowance for potential insurance recoveries. Assets Insurance Expected Insurance Recoveries Amount This is the value of contribution income received in advance which is still unearned and is classified as a current liability in accordance with relevant accounting standards. Liabilities Insurance Current Unearned Contribution Amount This is the value of contribution income received in advance which is still unearned and is classified as classified as non-current liability in accordance with relevant accounting standards. Liabilities Insurance Non Current Unearned Contribution Amount