Reserve Bank of Australia Annual Report – 1988 Financial Statements Consolidated Balance Sheet
As at 30 June 1988
| 1987 $'000 | Liabilities | 1988 $'000 |
|
|---|---|---|---|
| 49,428 | Capital | 49,428 | |
| 5,832,730 | Reserves (Note 1, 3) | 4,615,244 | |
| 5,882,158 | Capital and Reserves | 4,664,672 | |
| 9,741,748 | Australian notes on issue | 11,363,776 | |
| Deposits by — | |||
| Trading banks — | |||
| 3,453,021 | Statutory Reserve Deposits | 3,547,225 | |
| 18,679 | Other | 378,802 | |
| 4,548 | Savings banks | 101,239 | |
| Governments and government instrumentalities — | |||
| 2,945,640 | Commonwealth | 1,858,140 | |
| 81,306 | State | 84,222 | |
| 496,971 | Foreign governments, foreign institutions and international organisations | 466,582 | |
| 24,730 | Other depositors | 31,595 | 6,467,805 |
| 359,347 | Special Reserve — International Monetary Fund special drawing rights (Note 4) | 314,171 | |
| Other liabilities — | |||
| 1,599,057 | Profit distribution payable to Commonwealth of Australia | 485,565 | |
| 1,421,353 | Provisions (Note 1(f), 5) | 1,719,171 | |
| 44,451 | Other | 79,062 | 2,283,798 |
| 26,073,009 | Total | 25,094,222 |
| 1987 $'000 | Assets | 1988 $'000 |
|
|---|---|---|---|
| Gold and foreign exchange (Note 1(b)) — | |||
| 4,950,684 | Gold | 4,508,980 | |
| 12,308,605 | Foreign exchange | 15,361,158 | 19,870,138 |
| Commonwealth Government securities (Note 1(c)) — | |||
| 1,146,660 | Treasury notes | 759,331 | |
| 6,239,494 | Other securities | 3,033,105 | 3,792,436 |
| 130,823 | Loans, advances and bills discounted (Note 7) | 272,004 | |
| 369,795 | Bank premises and other durable assets (Note 1(d), 6) | 373,286 | |
| 666,210 | Clearing items (remittances in transit, cheques and bills of other banks) | 633,669 | |
| 143,596 | Australian notes and coin | 71,395 | |
| 117,142 | Other assets (Note 8) | 81,294 | |
| 26,073,009 | Total | 25,094,222 |
R.A. Johnston
Chairman, Reserve Bank Board — 29 July 1988