Reserve Bank of Australia Annual Report – 1987 Financial Statements Other Liabilities
Note 5 Other Liabilities
These include amounts relating to specific provisions. (See also Note 1(f).) Balances and movements are shown below.
| Central Banking Business $'000 |
Note Issue Department $'000 |
Rural Credits Department $'000 |
Total $'000 |
|
|---|---|---|---|---|
| Provision for Accrued Annual Leave | ||||
| As at 30 June 1986 | 3,421 | 1,430 | 103 | 4,954 |
| Net transfers from earnings | 230 | 183 | (51) | 362 |
| As at 30 June 1987 | 3,651 | 1,613 | 52 | 5,316 |
| Provision for Long Service Leave | ||||
| As at 30 June 1986 | 17,663 | 8,974 | 541 | 27,178 |
| Charges against provision | (1,949) | (913) | (35) | (2,897) |
| Transfers from earnings | 2,254 | 1,212 | 34 | 3,500 |
| As at 30 June 1987 | 17,968 | 9,273 | 540 | 27,781 |
| Provision for Notes Not Presented | ||||
| As at 30 June 1986 | 27,765 | 27,765 | ||
| Notes presented | (4) | (4) | ||
| Transfers from notes on issue | 7,413 | 7,413 | ||
| As at 30 June 1987 | 35,174 | 35,174 | ||
| Provision for the Effects of Movements in Market Yields | ||||
| As at 30 June 1986 | 333,008 | 228,992 | 562,000 | |
| Charges against provision | — | — | — | |
| Transfer from earnings in terms of Section 78 of the Reserve Bank Act | — | — | — | |
| Transfer from Note Issue Department to Central Bank (Note 1(a)) | 228,992 | (228,992) | — | |
| As at 30 June 1987 | 562,000 | — | 562,000 | |
| Provision for the Effects of Movements in Exchange Rates | ||||
| Transfer from earnings in terms of Section 78 of the Reserve Bank Act | 762,000 | 762,000 | ||
| As at 30 June 1987 | 762,000 | 762,000 | ||
| Provision for Building Repairs and Maintenance | ||||
| As at 30 June 1986 | 16,465 | 3,000 | 19,465 | |
| Charges against provision | (383) | — | (383) | |
| Transfer from earnings in terms of Section 78 of the Reserve Bank Act | 10,000 | — | 10,000 | |
| As at 30 June 1987 | 26,082 | 3,000 | 29,082 | |