Reserve Bank of Australia Annual Report – 1987 Financial Statements Consolidated Profit and Loss Appropriation Statement
For year ended 30 June 1987
| 1986 $'000 |
1987 $'000 |
||
|---|---|---|---|
| Net Profits | |||
| 1,535,860 | Central Banking Business | 1,507,508 | |
| 949,966 | Note Issue Department | 1,161,549 | |
| 6,200 | Rural Credits Department | 7,044 | |
| 2,492,026 | Total (Note 2) | 2,676,101 | |
| Net Profits appropriated as follows: | |||
| Central Banking Business — | |||
| 15,000 | Reserve Bank Reserve Fund | 15,000 | |
| 1,520,860 | Commonwealth of Australia | 1,492,508 | 1,507,508 |
| Note Issue Department — | |||
| 949,966 | Commonwealth of Australia | 1,161,549 | |
| Rural Credits Department — | |||
| 3,100 | Rural Credits Department Reserve Fund | 3,522 | |
| 3,100 | Rural Credits Development Fund | 3,522 | 7,044 |
| 2,492,026 | Total | 2,676,101 | |
R.A. Johnston
Chairman, Reserve Bank Board — 5 August 1987