Reserve Bank of Australia Annual Report – 1976 Financial Statements Balance Sheets - Central Banking Business
As at 30 June 1976
| $'000 | ||
|---|---|---|
| Liabilities | 1976 | 1975 |
| Capital | 40,000 | 40,000 |
| Reserve Bank Reserve Fund | 5,568 | 5,568 |
| Special Reserve – International Monetary Fund special drawing rights (Note 1) | 200,602 | 206,982 |
| Deposits by | ||
| Trading banks – Statutory Reserve Deposits | 779,725 | 417,895 |
| – Term and Farm Development Loan Funds | 55,292 | 27,869 |
| – Other | 19,378 | 9,922 |
| Savings banks | 1,053,900 | 908,038 |
| Overseas institutions (Note 9) | 155,084 | 152,947 |
| Governments and government instrumentalities | ||
| – Commonwealth | 747,650 | 1,104,331 |
| – State | 125,484 | 135,182 |
| Note Issue Department | 1,145,996 | 1,422,527 |
| Other (Note 9) | 20,615 | 34,900 |
| Other liabilities (including amounts provided for contingencies) | 92,020 | 47,969 |
| Total | 4,441,314 | 4,514,130 |
Note Issue Department
| $'000 | ||
|---|---|---|
| Liabilities | 1976 | 1975 |
| Australian Notes on Issue | 2,921,408 | 2,545,103 |
| Provision for Notes not presented (Note 11) | 10,020 | 9,573 |
| All other liabilities (including amounts provided for contingencies) | 73,640 | 15,772 |
| Total | 3,005,068 | 2,570,448 |
Rural Credits Department
| $'000 | ||
|---|---|---|
| Liabilities | 1976 | 1975 |
| Capital | 9,428 | 9,428 |
| Rural Credits Department Reserve Fund | 14,351 | 13,201 |
| Balance due to Central Bank | 111,081 | 140,619 |
| Rural Credits Development Fund | 1,360 | 1,142 |
| All other liabilities (including amounts provided for contingencies) | 45,241 | 39,000 |
| Total | 181,461 | 203,390 |
| $'000 | ||
|---|---|---|
| Assets | 1976 | 1975 |
| Gold (Note 2) | 105,368 | 115,105 |
| International Monetary Fund special drawing rights (Note 2) | 37,176 | 89,287 |
| Foreign exchange holdings (Note 2) | 2,100,268 | 2,892,782 |
| Australian government securities (Note 2) | ||
| Treasury bills | 374,658 | – |
| Treasury notes | 6,441 | 10,404 |
| Other Commonwealth securities | 811,943 | 583,484 |
| Loans, advances and bills discounted | ||
| Rural Credits Department | 111,081 | 140,619 |
| Other (Note 10) | 477,186 | 236,936 |
| Bank premises (Note 4) | 53,423 | 50,039 |
| Clearing items (remittances in transit, cheques and bills of other banks) | 272,650 | 241,890 |
| Other assets (Note 5) | 48,570 | 36,534 |
| Unfunded adjustments arising from fluctuations in exchange rates (Note 7) | 42,550 | 117,050 |
| Total | 4,441,314 | 4,514,130 |
H.M. Knight, Chairman, Reserve Bank Board – 30 July 1976
| $'000 | ||
|---|---|---|
| Assets | 1976 | 1975 |
| Gold (Note 2) | 133,684 | 122,847 |
| Foreign exchange holdings (Note 2) | 45,471 | 117,295 |
| Australian government securities (Note 3) | ||
| Treasury bills | 475,342 | – |
| Treasury notes | 8,172 | 11,104 |
| Other Commonwealth securities | 1,030,140 | 622,731 |
| Deposit with Central Bank | 1,145,996 | 1,422,527 |
| Bank premises (Note 4) | 3,040 | 2,619 |
| Other assets | 28,548 | 19,895 |
| Unfunded adjustments arising from fluctuations in exchange rates (Note 7) | 134,675 | 251,430 |
| Total | 3,005,068 | 2,570,448 |
H.M. Knight, Chairman, Reserve Bank Board – 30 July 1976
| $'000 | |||
|---|---|---|---|
| Assets | 1976 | 1975 | |
| Australian government securities (Note 3) | |||
| Treasury bills | – | – | |
| Treasury notes | – | – | |
| Other Commonwealth securities | – | – | |
| Loans, advances and bills discounted | 181,461 | 203,390 | |
| Other assets | – | – | |
| Total | 181,461 | 203,390 | |
H.M. Knight, Chairman, Reserve Bank Board – 30 July 1976