Reserve Bank of Australia Annual Report – 2014 Financial Statements Note 7 – Loans, Advances and Other Assets

At 30 June 2014, the gross book value of the RBA's computer software amounted to $33.2 million and the accumulated amortisation on these assets was $15.1 million ($23.3 million and $12.6 million, respectively, at 30 June 2013). During 2013/14, there were $10.8 million in net additions to computer software ($5.9 million in 2012/13) and $3.5 million in amortisation expense ($2.8 million in 2012/13). The RBA had contractual commitments of $1.9 million as at 30 June 2014 for the acquisition of computer software ($0.4 million at 30 June 2013).

Computer software has been separately disclosed to improve the presentation and readability of the financial statements. Other intangibles, previously reported with computer software, have been included within reported Other assets. As at 30 June 2014, Other assets included receivables of $30.1 million, none of which are impaired ($20.8 million at 30 June 2013).