Reserve Bank of Australia Annual Report – 1988 Financial Statements Balance Sheets

As at 30 June 1988

Note Issue Department
1987 $'000	Liabilities		1988 $'000
53,358	Asset revaluation reserves (Note 1(e), 3)		53,358
9,741,748	Australian notes on issue		11,363,776
	Other liabilities —
106,549	Profit distribution payable to Commonwealth of Australia	485,565
35,174	Provision for notes not presented (Note 1(f), 5)	43,046
13,886	Other provisions (Note 1(f), 5)	12,603
2,661	Other	1,545	542,759
9,953,376	Total		1,959,893

Rural Credits Department
1987 $'000	Liabilities		1988 $'000
9,428	Capital		9,428
	Reserves —
38,522	Rural Credits Department Reserve Fund (Note 3, 10)	8,714
105,642	Reserve for Contingencies and General Purposes (Note 3, 10)	17,642	26,356
153,592	Capital and Reserves		35,784
4,362	Deposits		—
3,616	Rural Credits Development Fund		2,440
	Other liabilities —
592	Provisions (Note 1(f), 5)	—
2,482	Other	2,844	2,844
164,644	Total		41,068

RESERVE BANK OF AUSTRALIA
1987 $'000	Assets		1988 $'000
9,816,340	Funds held by the Bank (Note 1(a))		11,817,472
	Bank premises and other durable assets (Note 1(d), 6) —
112,843	Premises	111,831
17,159	Other durable assets	20,207	132,038
7,034	Other assets		10,383
9,953,376	Total		11,959,893

R.A. Johnston
Chairman, Reserve Bank Board — 29 July 1988

RESERVE BANK OF AUSTRALIA
1987 $'000	Assets	1988 $'000
142,795	Funds held by the Bank	41,068
21,708	Loans, advances and bills discounted	—
141	Other assets	—
164,644	Total	41,068

R.A. Johnston
Chairman, Reserve Bank Board — 29 July 1988