Reserve Bank of Australia Annual Report – 2017 Financial Statements Note 2 – Net Profit
| Note | 2017 $M |
2016 $M |
|
|---|---|---|---|
| Net interest income | |||
| Interest income | 1(b), 4 | 2,109 | 2,305 |
| Interest expense | 1(b), 4 | (1,086) | (1,112) |
| 1,023 | 1,193 | ||
| Fees and commissions income | |||
| Committed Liquidity Facility | 1(j) | 347 | 390 |
| Banking services | 106 | 100 | |
| Payment services | 20 | 18 | |
| 473 | 508 | ||
| Other income | |||
| Sales of note and security products | 32 | 43 | |
| Rental of Bank premises | 9 | 9 | |
| Dividend revenue | 1(b) | 5 | 4 |
| Other | 4 | 10 | |
| 50 | 66 | ||
| Net gains/(losses) on securities and foreign exchange | |||
| Foreign investments | 1(b) | (169) | 68 |
| Australian dollar securities | 1(b) | (400) | (229) |
| Foreign currency | 1(b) | (1,288) | 1,821 |
| (1,857) | 1,660 | ||
| General administrative expenses | |||
| Staff costs | (218) | (215) | |
| Net gains/(losses) on employee provisions | 20 | (34) | |
| Superannuation costs | 1(i) | (77) | (50) |
| Depreciation of property, plant and equipment | 1(e), 8 | (41) | (34) |
| Amortisation of computer software | 1(f), 7 | (10) | (5) |
| Premises and equipment | (61) | (50) | |
| Other | (19) | (17) | |
| (406) | (405) | ||
| Other expenses | |||
| Banking service fees | (89) | (81) | |
| Materials used in note and security products | (49) | (25) | |
| Banknote distribution | (2) | (3) | |
| Other | (40) | (30) | |
| (180) | (139) | ||
| Net Profit/(Loss) | (897) | 2,883 | |