Reserve Bank of Australia Annual Report – 1988 Financial Statements Note 6 Bank Premises and Other Durable Assets

Premises
As at 30 June 1987	240,349	116,914	357,263
Net expenditure in 1987/88 (including currency translation)	5,024	1,079	6,103
	245,373	117,993	363,366
Accumulated depreciation	10,798	6,162	16,960
As at 30 June 1988	234,575	111,831	346,406

Amounts written off Bank premises in 1987/88 in terms of Section 78 of the Reserve Bank Act were $3.695 million for Central Bank and $2.091 million for Note Issue Department.

Other Durable Assets
As at 30 June 1987	20,045	33,578	53,623
Net expenditure in 1987/88	2,952	5,971	8,923
	22,997	39,549	62,546
Accumulated depreciation	16,324	19,342	35,666
As at 30 June 1988	6,673	20,207	26,880