Bank Premises and Other Durable Assets | Financial Statements | Reserve Bank of Australia Annual Report - 1987

Reserve Bank of Australia Annual Report – 1987 Financial Statements Bank Premises and Other Durable Assets

Note 6 Bank Premises and Other Durable Assets

Premises
	Central Banking Business $'000	Note Issue Department $'000	Rural Credits Department $'000	Total $'000
As at 30 June 1986	236,563	116,880		353,443
Net Expenditure in 1986/87 (including Currency translation)	3,786	34		3,820
	240,349	116,914		357,263
Accumulated depreciation	7,132	4,071		11,203
As at 30 June 1987	233,217	112,843		346,060
Amounts written off Bank premises in 1986/87 in terms of Section 78 of the Reserve Bank Act were $3.647 million for Central Bank and $2.071 million for Note Issue Department.
Other Durable Assets
As at 30 June 1986	19,547	30,884		50,431
Net Expenditure in 1986/87	498	2,694		3,192
	20,045	33,578		53,623
Accumulated depreciation	13,469	16,419		29,888
As at 30 June 1987	6,576	17,159		23,735