Reserve Bank of Australia Annual Report – 1997 Financial Statements Profit and Loss Appropriation Statement
For year ended 30 June 1997
Reserve Bank of Australia
| 1996 $'000 | 1997 $'000 | |
|---|---|---|
| Net Profits (after deducting amounts written off Bank premises and amounts provided for contingencies and general purposes) | 2,385,807 | 3,337,490 |
| Total (Note 2) | 2,385,807 | 3,337,490 |
| Net Profits appropriated as follows: | ||
| Reserve Bank Reserve Fund | 50,000 | 1,637,490 |
| Commonwealth of Australia | 2,335,807 | 1,700,000 |
| Total | 2,385,807 | 3,337,490 |
IJ MACFARLANE
Chairman, Reserve Bank Board – 7
August 1997