Reserve Bank of Australia Annual Report – 2000 Financial Statements Note 7
Note 7 – Property, Plant and Equipment (Note 1(f))
| 2000 $M | 1999 $M | |
|---|---|---|
| Properties | ||
| Opening balance | 235 | 244 |
| Additions less disposals | 1 | (2) |
| 236 | 242 | |
| Depreciation prior to revaluation | (7) | (7) |
| Book valuation prior to revaluation | 229 | 235 |
| Net revaluation adjustments (Note 4) | 17 | – |
| As at 30 June | 246 | 235 |
| The triennial revaluation of all Bank properties occurred at 30 June 1998. | ||
| Plant and equipment | ||
| Opening balance | 93 | 103 |
| Additions less disposals | 21 | (10) |
| 114 | 93 | |
| Accumulated depreciation | (68) | (63) |
| As at 30 June | 46 | 30 |
| Total property, plant and equipment | 292 | 265 |