Reserve Bank of Australia Annual Report – 1997 Financial Statements Balance Sheet
As at 30 June 1997
Reserve Bank of Australia
| 1996 $'000 | 1997 $'000 | |
|---|---|---|
| Liabilities | ||
| Capital | 40,000 | 40,000 |
| Reserves: | ||
| Reserve Bank Reserve Fund (Notes 1(f), 3) | 643,890 | 2,281,380 |
| Reserve for Contingencies and General Purposes (Notes 1(f), 3) | 2,955,699 | 3,322,946 |
| Asset revaluation reserves (Notes 1(f), 3) | 3,606,344 | 2,390,715 |
| Capital and reserves | 7,245,933 | 8,035,041 |
| Australian notes on issue (Note 1(h)) | 19,181,932 | 20,063,976 |
| Deposits by: | ||
| Banks: | ||
| Non-callable deposits | 3,922,379 | 4,361,441 |
| Exchange settlement accounts | 9,169 | 9,235,175 |
| Government and government instrumentalities: | ||
| Commonwealth | 2,562,281 | 5,164,193 |
| State | 205,230 | 317,676 |
| Foreign governments, foreign institutions and international organisations | 569,450 | 83,213 |
| Other depositors | 50,475 | 120,013 |
| Other liabilities: | ||
| Profit distribution payable to Commonwealth of Australia | 2,135,807 | 1,700,000 |
| Provisions (Notes 1(g), 4) | 64,841 | 77,004 |
| Other (Note 5) | 1,010,239 | 1,767,359 |
| Total | 36,957,736 | 50,925,091 |
| Assets | ||
| Gold and foreign exchange (Note 1(b)): | ||
| Gold | 3,825,366 | 1,757,281 |
| Foreign exchange (Note 8) | 14,992,813 | 21,590,124 |
| Domestic government securities (Note 1(c), 8): | ||
| Treasury notes | 3,622,958 | 4,190,285 |
| Other securities | 12,529,337 | 21,216,380 |
| Loans, advances and bills discounted | 98,514 | 107,049 |
| Bank premises and other durable assets (Notes 1(e), 6) | 258,699 | 268,211 |
| Clearing items (remittances in transit, cheques and bills of other banks) (Note 7) | 1,371,785 | 1,591,013 |
| Australian notes and coin | 79,778 | 79,040 |
| Other assets (Note 9) | 178,486 | 125,708 |
| Total | 36,957,736 | 50,925,091 |
IJ MACFARLANE
Chairman, Reserve Bank Board – 7
August 1997