Reserve Bank of Australia Annual Report – 1971 Financial Statements Aggregate Balance Sheet

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As at 30 June 1971

Liabilities 1971 1970
Capital 49,428,000 49,428,000
Reserve Funds 40,543,021 35,722,410
Special Reserve — International Monetary Fund special drawing rights 138,581,999 74,995,029
Australian notes on issue 1,369,387,546 1,195,801,548
Deposits, bills payable and all other liabilities (including amounts provided for contingencies) 2,062,669,168 1,806,966,239
Total $3,660,609,734 $3,162,913,226
Assets 1971 1970
Gold, and balances held abroad (including money at short call and treasury bills) 1,427,553,069 870,058,671
International Monetary Fund special drawing rights 146,436,022 78,566,458
Other overseas securities 542,084,358 369,533,352
Australian notes and coin 11,386,169 12,613,532
Australian Government securities (including treasury bills) 900,740,288 1,179,993,944
Cheques and bills of other banks 3,407,648 7,978,133
Loans, advances and bills discounted (after deducting provisions for debts considered bad or doubtful) 409,045,865 488,717,502
Bank premises (at cost less amounts written off) 38,551,838 36,683,746
Bills receivable and remittances in transit 135,360,253 81,125,817
All other assets 46,044,224 37,642,071
Total $3,660,609,734 $3,162,913,226

NOTE: Inter-departmental accounts totalling $695,553,751 have been offset — ($594,753,040—30/6/70).