Reserve Bank of Australia Annual Report – 1961 Financial Statements Aggregate Balance Sheet

As at 30th June, 1961

Liabilities 1961 1960
Capital 8,714,000 8,714,000
Reserve Funds 19,622,934 16,053,473
Special Reserve—Premium on gold sold 4,754,954 4,754,954
Australian notes on issue 415,783,341 419,112,018
Deposits, bills payable and all other liabilities (including amounts provided for contingencies) 648,447,192 621,517,630
Total £1,097,322,421 £1,070,152,075
Assets 1961 1960
Gold, and balances held abroad (including money at short call and treasury bills) 464,549,770 443,906,977
Other overseas securities 33,952,593 44,938,790
Australian notes and coin 4,123,591 3,096,150
Australian Government securities (including treasury bills) 488,336,760 472,983,532
Cheques and bills of other banks 2,793,411 2,515,599
Loans, advances and bills discounted (after deducting provisions for debts considered bad or doubtful) 83,919,430 88,356,886
Bank premises (at cost less amounts written off) 2,357.636 1,970,017
Bills receivable and remittances in transit 13,467,942 8,040,439
All other assets 3,821,288 4,343,685
Total £1,097,322,421 £1,070,152,075

NOTE: Inter-departmental accounts totalling £70,360,920 have been offset.