Reserve Bank of Australia Annual Report – 2001 Financial Statements Note 4 – Reserves
Changes in the RBA's various reserves are shown below.
| 2001 $M | 2000 $M | |
|---|---|---|
| Asset revaluation reserves (Note 1(g)) | ||
| Gold | ||
| Opening balance | 1,125 | 903 |
| Net revaluation adjustments | 135 | 222 |
| As at 30 June | 1,260 | 1,125 |
| Shares in international financial institutions (Note 6) | ||
| Opening balance | 64 | 63 |
| Net revaluation adjustments | 4 | 1 |
| As at 30 June | 68 | 64 |
| Bank properties (Notes 1(f), 7) | ||
| Opening balance | 96 | 79 |
| Net revaluation adjustments | 11 | 17 |
| Transfers to Statement of Distribution | (5) | – |
| As at 30 June | 102 | 96 |
| Total asset revaluation reserves | ||
| Opening balance | 1,285 | 1,045 |
| Net revaluation adjustments | 150 | 240 |
| Transfers to Statement of Distribution | (5) | – |
| As at 30 June | 1,430 | 1,285 |
| Unrealised profits reserve (Note 1(g)) | ||
| Opening balance | 1,489 | – |
| Net transfers from Statement of Distribution | 320 | 1,489 |
| As at 30 June | 1,809 | 1,489 |
| Reserve for Contingencies and General Purposes (Note 1(g)) | ||
| Opening balance | 3,323 | 3,323 |
| Transfer to Reserve Bank Reserve Fund | (3,323) | – |
| Closing balance | – | 3,323 |
| Reserve Bank Reserve Fund (Note 1(g)) | ||
| Opening balance | 2,829 | 2,829 |
| Transfer from Reserve for Contingencies and General Purposes | 3,323 | – |
| Closing balance | 6,152 | 2,829 |
| Capital | ||
| Opening and closing balance | 40 | 40 |
| Total capital and reserves | ||
| Opening balance | 8,966 | 7,237 |
| Net profit plus net revaluation adjustments in asset revaluation reserves | 3,299 | 2,532 |
| Distribution to Commonwealth of Australia | (2,834) | (803) |
| Closing balance | 9,431 | 8,966 |