Bank Premises and Other Durable Assets | Financial Statements | Reserve Bank of Australia Annual Report - 1990

Reserve Bank of Australia Annual Report – 1990 Financial Statements Bank Premises and Other Durable Assets

Note 6 Bank Premises and Other Durable Assets

Premises
As at 30 June 1989	480,120
Net expenditure in 1989/90	5,684
	485,804
Net revaluation adjustments
— currency translation	2,952
	488,756
Accumulated depreciation	12,362
As at 30 June 1990	476,394
Amounts written off Bank premises in 1989/90 in terms of section 78 of the Reserve Bank Act were $6.349 million.
Other Durable Assets
As at 30 June 1989	66,733
Net expenditure in 1989/90	10,777
	77,510
Accumulated depreciation	46,149
As at 30 June 1990	31,361