Reserve Bank of Australia Annual Report – 1982 Financial Statements Aggregate Profit and Loss Appropriation Statement

For the Year ended 30 June 1982

    1982
$'000
1981
$'000
Net profits appropriated as follows:
Central Banking Business –
Commonwealth of Australia   204,966 124,936
Note Issue Department –
Commonwealth of Australia   232,975 135,000
Rural Credits Department –
Rural Credits Department Reserve Fund 2,100   1,850
Rural Credits Development Fund 2,100 4,200 1,850
Total   442,141 263,636
Assets
 
1982
$'000
1981
$'000
Gold and foreign exchange (Note 3) –
Gold 2,444,288 3,184,055
International Monetary Fund special drawing rights 8,261 45,667
Foreign exchange holdings 4,065,969 2,224,635
Australian government securities (Note 4) –
Treasury bills 1,400,000 1,900,000
Treasury notes 1,164,175 678,320
Other Commonwealth securities 2,207,066 2,149,781
Loans, advances and bills discounted 572,971 837,323
Bank premises and other durable assets (Note 5) 160,278 149,242
Clearing items (remittances in transit, cheques and bills of other banks) 598,389 594,477
Australian notes and coin 47,589 46,818
Other assets 77,947 69,531
Total 12,746,933 11,879,849

H.M. Knight
Chairman, Reserve Bank Board – 30 July 1982

  1982
$'000
1981
$'000
Net profits (after deducting amounts written off bank premises and amounts provided for contingencies and general purposes) (Notes 2, 5 and 6) –    
Central Banking Business 204,966 124,936
Note Issue Department 232,975 135,000
Rural Credits Department 4,200 3,700
Total 442,141 263,636

H.M. Knight
Chairman, Reserve Bank Board – 30 July 1982