Reserve Bank of Australia Annual Report – 2003 Financial Statements Statement of Financial Performance

Statement of Financial Performance For the year ended 30 June 2003
Reserve Bank of Australia and Controlled Entities

Note 2003 $M 2002 $M
Revenues
Interest revenue 2 2,175 2,196
Net gains on securities and foreign exchange 2 935 468
Dividend revenue 2 3 4
Fees and commissions 2 20 20
Other revenue 2 37 39
Total revenue   3,170 2,727
Expenses
Interest expense 2 804 684
General administrative expenses 2 170 149
Other expenses 2 23 26
Total expenses   997 859
Net Profit   2,173 1,868
Net revaluation adjustments in asset revaluation reserves 1(h), 5 (5) 100
Net profit plus net revaluation adjustments in asset revaluation reserves   2,168 1,968