Reserve Bank of Australia Annual Report – 2021 Financial Statements Note 2 – Net Profit
| Note | 2021 $M |
2020 $M |
|
|---|---|---|---|
| Net interest income | |||
| Interest income | 1(b), 4 | 4,432 | 1,944 |
| Interest expense | 1(b), 4 | (147) | (446) |
| 4,285 | 1,498 | ||
| Fees and commissions income | |||
| Committed liquidity facility | 1(k), 1(m) | 331 | 373 |
| Banking services | 1(m) | 96 | 115 |
| Payment services | 1(m) | 33 | 33 |
| 460 | 521 | ||
| Other income | |||
| Sales of banknote and security products | 1(m) | 37 | 33 |
| Rental of Bank premises | 3 | 5 | |
| Dividend revenue | 1(b) | 9 | – |
| Other | 4 | 6 | |
| 53 | 44 | ||
| Net gains/(losses) on securities and foreign exchange | |||
| Foreign investments | 1(b) | (107) | 212 |
| Australian dollar securities | 1(b) | (5,154) | (435) |
| Foreign currency | 1(b) | (3,228) | 1,312 |
| (8,489) | 1,089 | ||
| General administrative expenses | |||
| Staff costs | (247) | (246) | |
| Net gains/(losses) on employee provisions | (3) | 7 | |
| Superannuation costs | 1(j) | (70) | (71) |
| Depreciation of property, plant and equipment | 1(e), 8 | (52) | (52) |
| Amortisation of computer software | 1(f), 7 | (21) | (24) |
| Premises and equipment | (75) | (73) | |
| Other | (15) | (15) | |
| (483) | (474) | ||
| Other expenses | |||
| Banking service fees | (78) | (97) | |
| Materials used in banknote and security products | (40) | (51) | |
| Banknote distribution | (2) | (2) | |
| Other | (38) | (40) | |
| (158) | (190) | ||
| Net Profit/(Loss) | (4,332) | 2,488 | |