Reserve Bank of Australia Annual Report – 2008 Financial Statements Note 5

Note 5 CAPITAL AND RESERVES
Changes in the RBA's Capital and Reserves are shown below.

2008
$M		 2007
$M
Asset revaluation reserves    
Gold (Note 1(c))    
Opening balance 1,842 1,991
Net revaluation adjustments 513 (149)
As at 30 June 2,355 1,842
Shares in international financial institutions (Notes 1 (b), 7)    
Opening balance 209 223
Net revaluation adjustments 17 (14)
As at 30 June 226 209
Bank properties, plant and equipment (Notes 1(d), 8)    
Opening balance 188 140
Net revaluation adjustments 38 51
Transfers (to)/from Statement of Distribution – (3)
As at 30 June 226 188
Total asset revaluation reserves (Note 1(e))    
Opening balance 2,239 2,354
Net revaluation adjustments 568 (112)
Transfers (to)/from Statement of Distribution – (3)
As at 30 June 2,807 2,239
Unrealised profits reserves    
Reserve for unrealised profits on investments (Note 1(e))    
Opening balance – 2,476
Net transfers (to)/from Statement of Distribution – (2,476)
As at 30 June – –
Reserve for unrealised profits on superannuation (Note 1(h))    
Opening balance 53 52
Net transfers (to)/from Statement of Distribution 27 1
As at 30 June 80 53
Total unrealised profits reserves    
Opening balance 53 2,528
Net transfers (to)/from Statement of Distribution 27 (2,475)
As at 30 June 80 53
Reserve Bank Reserve Fund (Note 1(e))
Opening balance 6,286 6,286
Transfers (to)/from Statement of Distribution – –
As at 30 June 6,286 6,286
Capital
Opening and closing balance 40 40