Reserve Bank of Australia Annual Report – 2022 Financial Statements Statement of Changes in Equity

Statement of Changes in Equity – for the year ended 30 June 2022
Reserve Bank of Australia and Controlled Entity
  Note Unrealised profits
reserve
Asset
revaluation
reserves
Superannuation reserve Earnings
available for distribution
Reserve Bank Reserve Fund Accumulated losses Capital Total equity
    $M $M $M $M $M $M $M $M
Balance as at 30 June 2020 8,751 7,335 87 14,119 40 30,332
Net Profit/(Loss) 1(h) (8,249) 3,917 (4,332)
Gains/(losses) on:
– Gold 1(d), 5 (593) (593)
– Shares in international and other institutions 1(b), 5 (12) (12)
– Property 1(e), 5 24 24
– Superannuation 1(j) 257 257
Other comprehensive income (581) 257 (324)
Total comprehensive income for 2020/21 (4,656)
Transfer from Asset revaluation reserves 1(g), 3 (1) 1
Transfer to Reserve Bank Reserve Fund (1,247) 1,247
Transfer to distribution payable to the Commonwealth 1(h), 3 (2,671) (2,671)
Balance as at 30 June 2021 502 6,753 344 15,366 40 23,005
Net Profit/(Loss) 1(h) (502) (36,198) (36,700)
Gains/(losses) on:
– Gold 1(d), 5 750 750
– Shares in international and other institutions 1(b), 5 24 24
– Property 1(e), 5 (6) (6)
– Superannuation 1(j) 484 484
Other comprehensive income 768 484 1,252
Total comprehensive income for 2021/22 (35,448)
Transfer from Asset revaluation reserves 1(g), 3 4 (4)
Transfer from Reserve Bank Reserve Fund 15,366 (15,366)
Transfer to accumulated losses 20,836 (20,836)
Transfer to distribution payable to the Commonwealth 1(h), 3
Balance as at 30 June 2022 7,525 828 (20,836) 40 (12,443)

The above statement should be read in conjunction with the accompanying Notes.