Reserve Bank of Australia Annual Report – 2015 Pro Forma Business Accounts

The Pro Forma Business Accounts for the Reserve Bank's contestable business have been prepared in accordance with competitive neutrality guidelines. They do not form part of the audited financial statements.

Transactional Banking
2013/14
$ million
2014/15
$ million
Revenue
– Service fees 83.1 95.0
– Other revenue 5.4 3.5
Total 88.5 98.5
Expenditure
– Direct costs 81.1 91.0
– Indirect costs 0.2 0.1
Total 81.3 91.1
Net profit/(loss) 7.2 7.4
Net profit/(loss) after taxes(a) 5.1 5.5
Assets(b)
– Domestic markets investments 524.8 981.3
– Other assets 25.4 28.5
Total 550.2 1,009.8
Liabilities(b)
– Capital and reserves 25.0 25.0
– Deposits 509.8 968.8
– Other liabilities 15.4 16.0
Total 550.2 1,009.8
(a) In accordance with competitive neutrality guidelines, income tax expense has been calculated and transferred to the Commonwealth as a notional part of the Reserve Bank's annual profit distribution.
(b) As at 30 June