Reserve Bank of Australia Annual Report – 1978 Financial Statements Balance Sheet - Note Issue Department
As at 30 June 1978
| $'000 | ||
|---|---|---|
| Liabilities | 1978 | 1977 |
| Reserves for contingencies and general purposes | 534,242 | 15,078 |
| Australian notes on issue | 3,688,136 | 3,319,313 |
| Provision for notes not presented (Note 13) | 10,968 | 10,449 |
| Other liabilities | 74,853 | 112,700 |
| Total | 4,308,199 | 3,457,540 |
Rural Credits Department
| Liabilities | 1978 | 1977 | |
|---|---|---|---|
| Capital | 9,428 | 9,428 | |
| Reserves | |||
| Rural Credits Department Reserve Fund | 16,851 | ||
| Reserve for contingencies and general purposes | 39,319 | 56,170 | 52,235 |
| Deposits | 5,470 | 11,198 | |
| Balance due to Central Bank | 405,272 | 493,102 | |
| Rural Credits Development Fund | 1,324 | 1,447 | |
| Other liabilities | 2,151 | 884 | |
| Total | 479,815 | 568,294 | |
| $'000 | ||
|---|---|---|
| Assets | 1978 | 1977 |
| Gold and Foreign Exchange (Note 2) | ||
| Gold | 704,671 | 139,383 |
| Foreign exchange holdings | 28,155 | 27,671 |
| Australian government securities (Note 3) | ||
| Treasury bills | 863,006 | 660,733 |
| Treasury notes | 93,411 | 67,864 |
| Other Commonwealth securities | 1,555,408 | 1,408,699 |
| Deposit with Central Bank | 1,009,699 | 1,061,506 |
| Bank premises (Note 4) | 9,087 | 5,326 |
| Other assets | 44,762 | 41,973 |
| Unfunded adjustments arising from fluctuations in exchange rates (Note 7) | – | 44,385 |
| Total | 4,308,199 | 3,457,540 |
H.M. Knight
Chairman, Reserve Bank Board – 28 July 1978
| Assets | 1978 | 1977 |
|---|---|---|
| Loans, advances and bills discounted | 478,679 | 568,293 |
| Other assets | 1,136 | 1 |
| Total | 479,815 | 568,294 |
H.M. Knight
Chairman, Reserve Bank Board – 28 July 1978