Reserve Bank of Australia Annual Report – 1990 Financial Statements Other Liabilities — Provisions

Note 5 Other Liabilities — Provisions (Note 1(f))

  $'000
Balances and movements are shown below.  
Provision for Accrued Annual Leave
As at 30 June 1989 5,166
Transfer from earnings —
As at 30 June 1990 5,166
Provision for Long Service Leave
As at 30 June 1989 21,538
Charges against provision (4,354)
Transfer from earnings 3,599
As at 30 June 1990 20,783
Provision for Notes Not Presented
As at 30 June 1989 48,028
Transferred to Australian Notes on Issue (Note 1(f)) (48,028)
As at 30 June 1990 nil
Provision for the Effects of Movements in Market Yields
As at 30 June 1989 460,189
Transfer to Investments Revaluation Reserve (Note 1(f), 3) (76,876)
Transfer from earnings in terms of section 78 of the Reserve Bank Act 200,000
As at 30 June 1990 583,313
Provision for the Effects of Movements in Exchange Rates
As at 30 June 1989 1,104,957
Transfer to Foreign Currency Revaluation Reserve (Note 1(f), 3) (122,314)
Transfer from earnings in terms of section 78 of the Reserve Bank Act 300,000
As at 30 June 1990 1,282,643
Provision for Building Repairs and Maintenance
As at 30 June 1989 37,400
Charges against provision (4,316)
Transfer from earnings in terms of section 78 of the Reserve Bank Act 20,000
As at 30 June 1990 53,084