Reserve Bank of Australia Annual Report – 2009
Pro Forma Business Accounts
The following sets of accounts for each of the Reserve Bank’s contestable businesses have been prepared in accordance with competitive neutrality guidelines. These accounts do not form part of the audited financial statements.
| Transactional Banking | Registry | |||
|---|---|---|---|---|
|
2007/08 $ million |
2008/09 $ million |
2007/08 $ million |
2008/09 $ million |
|
|
(a) In accordance with
competitive neutrality guidelines, income tax
expense has been calculated and transferred to
the Commonwealth as a notional part of the
Reserve Bank’s annual profit
distribution (b) As at 30 June |
||||
| Revenue | ||||
| – Service fees | 15.5 | 18.3 | 0.5 | 0.5 |
| – Other revenue | 6.0 | 5.0 | 0.1 | 0.1 |
| Total | 21.5 | 23.3 | 0.6 | 0.6 |
| Expenditure | ||||
| – Direct costs | 12.8 | 14.3 | 0.3 | 0.3 |
| – Indirect costs | 5.3 | 4.0 | 0.1 | 0.1 |
| Total | 18.1 | 18.3 | 0.4 | 0.4 |
| Net profit/(loss) | 3.4 | 5.0 | 0.2 | 0.2 |
| Net profit/(loss) after taxes(a) | 2.3 | 3.5 | 0.1 | 0.1 |
| Assets(b) | ||||
| – Domestic markets investments | 409.4 | 418.0 | 1.3 | 1.5 |
| – Other assets | 10.1 | 8.8 | 0.1 | |
| Total | 419.5 | 426.8 | 1.4 | 1.5 |
| Liabilities(b) | ||||
| – Capital & reserves | 25.0 | 25.0 | 1.0 | 1.0 |
| – Deposits | 387.9 | 395.5 | ||
| – Other liabilities | 6.6 | 6.3 | 0.4 | 0.5 |
| Total | 419.5 | 426.8 | 1.4 | 1.5 |
