Reserve Bank of Australia Annual Report – 1989 Financial Statements Balance Sheet

As at 30 June 1989

Central Banking Business
1988
$'000
Liabilities   1989
$'000
40,000 Capital   40,000
  Reserves —    
190,568 Reserve Bank Reserve Fund (Note 3) 208,461  
4,344,962 Asset revaluation reserves (Note 1(e), 3) 4,025,149 4,233,610
4,575,530 Capital and Reserves   4,273,610
  Deposits by —    
  Banks (Note 10) —    
3,547,225 Statutory Reserve Deposits  
Non-callable deposits 3,166,664  
480,041 Other 394,029  
  Governments and government instrumentalities —    
1,858,140 Commonwealth 1,593,472  
84,222 State 42,137  
466,582 Foreign governments, foreign institutions and international organisations 328,374  
31,595 Other depositors 21,298 5,545,974
11,817,472 Funds of Note Issue Department (Note 1(a))   12,706,288
41,068 Funds of Rural Credits Department  
314,171 Special Reserve — International Monetary Fund special drawing rights (Note 4)   288,754
  Other liabilities —    
1,663,522 Provisions (Note 1(f), 5) 1,616,709  
72,233 Other 35,847 1,652,556
24,951,801 Total   24,467,182
1988
$'000
Assets   1989
$'000
  Gold and foreign exchange (Note 1(b)) —    
4,508,980 Gold 3,860,851  
15,361,158 Foreign exchange 16,135,678 19,996,529
Commonwealth Government securities (Note 1(c)) —    
759,331 Treasury notes 514,075  
3,033,105 Other securities 2,795,979 3,310,054
272,004 Loans, advances and bills discounted (Note 7)   169,243
Bank premises and other durable assets (Note 1(d), 6) —    
234,575 Premises 378,787  
6,673 Other durable assets 7,088 385,875
633,669 Clearing items (remittances in transit, cheques and
bills of other banks) (Note 8)
  453,844
71,395 Australian notes and coin   88,535
70,911 Other assets (Note 9)   63,102
24,951,801 Total   24,467,182

M.J. Phillips
Deputy Chairman, Reserve Bank Board — 1 August 1989