Reserve Bank of Australia Annual Report – 1980 Financial Statements Balance Sheets - Central Banking Business
Balance Sheets as at 30 June 1980
| Liabilities | 1980 $'000 |
1979 $'000 |
|
|---|---|---|---|
| Capital | 40,000 | 40,000 | |
| Reserves — | |||
| Reserve Bank Reserve Fund | 5,568 | ||
| Reserves for contingencies and general purposes (Note 5) | 1,663,030 | 1,668,598 | 863,621 |
| Deposits by — | |||
| Trading banks — Statutory Reserve Deposits | 1,376,089 | 1,115,504 | |
| — Term and Farm Development Loan Funds | 21 | 15,709 | |
| — Other | 9,549 | 5,339 | |
| Savings banks | 553,331 | 815,719 | |
| Overseas governments and institutions (Note 7) | 358,228 | 501,933 | |
| Governments and government instrumentalities | |||
| — Commonwealth | 442,595 | 1,170,138 | |
| — State | 104,120 | 82,118 | |
| Note Issue Department | 827,279 | 967,700 | |
| Other (Note 7) | 15,303 | 23,788 | |
| Special Reserve — International Monetary Fund special drawing rights (Note 8) |
389,572 | 321,302 | |
| Other liabilities (Note 9) | 108,743 | 82,719 | |
| Total | 5,893,428 | 6,005,590 | |
| Assets | 1980 $'000 |
1979 $'000 |
|
|---|---|---|---|
| Gold and foreign exchange (Note 2) | |||
| Gold | 1,511,342 | 832,245 | |
| International Monetary Fund special drawing rights | 30,113 | 194,564 | |
| Foreign exchange holdings | 1,317,986 | 1,537,783 | |
| Australian government securities (Note 3) — | |||
| Treasury bills | 917,783 | 858,257 | |
| Treasury notes | 141,416 | 178,161 | |
| Other Commonwealth securities | 848,921 | 1,183,561 | |
| Loans, advances and bills discounted — | |||
| Rural Credits Department | 159,421 | 444,572 | |
| Other (Note 10) | 355,615 | 92,575 | |
| Bank premises (Note 4) | 77,794 | 71,823 | |
| Clearing items (remittances in transit, cheques and bills of other banks) | 465,750 | 543,782 | |
| Australian notes and coin | 36,572 | 32,877 | |
| Other assets | 30,715 | 35,390 | |
| Total | 5,893,428 | 6,005,590 | |
H.M. Knight
Chairman, Reserve Bank Board — 1 August
1980