Reserve Bank of Australia Annual Report – 1980 Financial Statements Balance Sheets - Rural Credits Department

Balance Sheets as at 30 June 1980

Rural Credits Department
Liabilities 1980
$'000
1979
$'000
Capital   9,428 9,428
Reserves —
Rural Credits Department Reserve Fund 20,001    
Reserve for contingencies and general purposes (Note 5) 43,914 63,915 59,976
Deposits   17,461 4,660
Loan from Central Bank   159,421 444,572
Rural Credits Development Fund   1,708 1,524
Other liabilities   1,642 2,284
Total   253,575 522,444
Assets 1980
$'000
1979
$'000
Loans, advances and bills discounted 252,721 521,070
Other assets 854 1,374
Total 253,575 522,444

H.M. Knight
Chairman, Reserve Bank Board — 1 August 1980