Reserve Bank of Australia Annual Report – 1999 Financial Statements Profit and Loss Appropriation Statement

For year ended 30 June 1999
Reserve Bank of Australia and controlled entities

Note 1999 $M 1998 $M
Net Profit 2 1,326 4,403
Net transfers from/(to) Unrealised Profits Reserve 4 2,349 (1,687)
Transfer from asset revaluation reserves 4 1 558
Earnings available for distribution   3,676 3,274
Earnings applied:
Reserve Bank Reserve Fund 4 548
Reserve for Contingencies and General Purposes 4
Commonwealth of Australia   3,676 2,726
Total   3,676 3,274