Reserve Bank of Australia Annual Report – 1999 Financial Statements Note 6 – Other Assets

The Reserve Bank of Australia has a 50 per cent share in Securency Pty Ltd, which is incorporated in Victoria Australia, and whose principal activity is the marketing and manufacture of polymer substrate. The capital of Securency increased during 1998/99 from $1,500,001 to $21,530,001; the Bank increased the amount of its investment in Securency from $750,000 to $10,765,000. Securency Pty Ltd has a 31 December balance date.