Reserve Bank of Australia Annual Report – 2002 Financial Statements Statement of Financial Performance

Statement of Financial Performance For year ended 30 June 2002
Reserve Bank of Australia and Controlled Entities

Note 2002 $M 2001 $M
Revenues
Interest revenue 2 2,196 2,685
Net gains on securities 2 468 1,520
Dividend revenue 2 4 3
Fees and commissions 2 20 18
Other revenue 2 39 46
Total revenue   2,727 4,272
Expenses
Interest expense 2 684 955
General administrative expenses 2 149 147
Other expenses 2 26 21
Total expenses   859 1,123
Net Profit   1,868 3,149
Net revaluation adjustments in asset revaluation reserves 1(g), 4 100 150
Net profit plus net revaluation adjustments in asset revaluation reserves   1,968 3,299