Reserve Bank of Australia Annual Report – 1960 Financial Statements Aggregate Balance Sheet
As at 30th June, 1960
Liabilities | 1960 | 1959 |
---|---|---|
Capital | 8,714,000 | 6,714,000 |
Reserve Funds | 16,053,473 | 22,201,934 |
Special Reserve—Premium on gold sold | 4,754,954 | 4,754,954 |
Australian notes on issue | 419,112,018 | 391,457,208 |
Deposits, bills payable and all other liabilities (including amounts provided for contingencies) | 621,517,630 | 561,948,056 |
Total | £1,070,152,075 | £987,076,152 |
Assets | 1960 | 1959 |
---|---|---|
Gold, and balances held abroad (including money at short call and treasury bills) | 443,906,977 | 420,834,330 |
Other overseas securities | 44,938,790 | 35,075,822 |
Australian notes and coin | 3,096,150 | 2,339,383 |
Australian Government securities (including treasury bills) | 472,983,532 | 434,971,983 |
Cheques and bills of other banks | 2,515,599 | 5,667,860 |
Loans, advances and bills discounted (after deducting provisions for debts considered bad or doubtful) | 88,356,886 | 72,300,760 |
Bank premises (at cost less amounts written off) | 1,970,017 | 1,274,261 |
Bills receivable and remittances in transit | 8,040,439 | 9,005,097 |
All other assets | 4,343,685 | 5,606,656 |
Total | £1,070,152,075 | £987,076,152 |
NOTE: Inter-departmental accounts totalling £63,573,326 have been offset