Reserve Bank of Australia Annual Report – 1983 Financial Statements Aggregate Profit and Loss Appropriation Statement
For the Year ended 30 June 1983
| 1982 $'000 |
1983 $'000 |
||
|---|---|---|---|
| Net profits appropriated as follows: | |||
| Central Banking Business – | |||
| — | Reserve Bank Reserve Fund | 10,000 | |
| 204,966 | Commonwealth of Australia | 204,625 | 214,625 |
| Note Issue Department – | |||
| 232,975 | Commonwealth of Australia | 456,266 | |
| Rural Credits Department – | |||
| 2,100 | Rural Credits Department Reserve Fund | 2,400 | |
| 2,100 | Rural Credits Development Fund | 2,400 | 4,800 |
| 442,141 | Total | 675,691 | |
| 1982 $'000 |
Assets | 1983 $'000 |
|
|---|---|---|---|
| Gold and foreign exchange (Note 3) – | |||
| 2,444,288 | Gold | 3,744,169 | |
| 8,261 | International Monetary Fund special drawing rights | 104,513 | |
| 4,065,969 | Foreign exchange | 6,902,806 | 10,751,488 |
| Australian government securities (Note 4) – | |||
| 1,400,000 | Treasury bills | — | |
| 1,164,175 | Treasury notes | 1,304,480 | |
| 2,207,066 | Other securities | 2,167,313 | 3,471,793 |
| 572,971 | Loans, advances and bills discounted | 417,520 | |
| 160,278 | Bank premises and other durable assets (Note 5) | 165,165 | |
| 598,389 | Clearing items (remittances in transit, cheques and bills of other banks) | 605,355 | |
| 47,589 | Australian notes and coin | 35,629 | |
| 77,947 | Other assets | 76,206 | |
| 12,746,933 | Total | 15,523,156 |
R.A. Johnston
Chairman, Reserve Bank Board – 29 July 1983
| 1982 $'000 |
1983 $'000 |
|
|---|---|---|
| Net profits (after deducting amounts written off bank premises and amounts provided for contingencies and general purposes) (Notes 2, 5 and 6) – | ||
| 204,966 | Central Banking Business | 214,625 |
| 232,975 | Note Issue Department | 456,266 |
| 4,200 | Rural Credits Department | 4,800 |
| 442,141 | Total | 675,691 |
R.A. Johnston
Chairman, Reserve Bank Board – 29 July 1983