Reserve Bank of Australia Annual Report – 2007 Pro Forma Business Accounts

The following sets of accounts for each of the Reserve Bank's contestable businesses have been prepared in accordance with competitive neutrality guidelines. These accounts do not form part of the audited financial statements.

Transactional Banking Registry
2005/06
$ million
2006/07
$ million
2005/06
$ million
2006/07
$ million
Revenue
– Service fees 15.5 15.4 0.6 0.6
– Other revenue 4.5 5.4 0.1 0.1
Total 20.0 20.8 0.7 0.7
Expenditure
– Direct costs 12.5 13.1 0.4 0.3
– Indirect costs 3.4 3.8 0.1 0.2
Total 15.9 16.9 0.5 0.5
Net profit/(loss) 4.1 3.9 0.2 0.2
Net profit/(loss) after taxes(a) 2.9 2.7 0.1 0.1
Assets(b)
– Domestic markets investments 337.0 365.8 1.3 1.1
– Other assets 7.7 8.3 0.0 0.1
Total 344.7 374.1 1.3 1.2
Liabilities(b)
– Capital & reserves 25.0 25.0 1.0 1.0
– Deposits 312.5 344.6    
– Other liabilities 7.2 4.5 0.3 0.2
Total 344.7 374.1 1.3 1.2
(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.