Reserve Bank of Australia Annual Report – 1999 Financial Statements Note 6 – Other Assets

1999 $M 1998 $M
Shareholding in Bank for
International Settlements
65 80
Gold coin 13 16
Investment in Securency 11 1
Other 40 28
As at 30 June 129 125

The Reserve Bank of Australia has a 50 per cent share in Securency Pty Ltd, which is incorporated in Victoria Australia, and whose principal activity is the marketing and manufacture of polymer substrate. The capital of Securency increased during 1998/99 from $1,500,001 to $21,530,001; the Bank increased the amount of its investment in Securency from $750,000 to $10,765,000. Securency Pty Ltd has a 31 December balance date.