Reserve Bank of Australia Annual Report – 2006 Financial Statements Statement of Changes in Capital and Reserves
STATEMENT OF CHANGES IN CAPITAL AND RESERVES
For the
year ended 30 June 2006
Reserve Bank of Australia and Controlled Entities
| Note | 2006 $M | 2005 $M | |||
|---|---|---|---|---|---|
| Opening balance of Capital and Reserves | 5 | 9,603 | 10,891 | ||
| Plus: | |||||
| Net Profit | 2 | 2,093 | 84 | ||
| Gain/(loss) on revaluation of gold | 5 | 647 | (6) | ||
| Gain/(loss) on revaluation of shares in international institutions | 5 | 25 | (16) | ||
| Gain/(loss) on revaluation of properties | 5 | 17 | 13 | ||
| Total revaluation gains/(losses) | 689 | (9) | |||
| Total income and expenses | 2,782 | 75 | |||
| Less: | |||||
| Transfer to the distribution payable to Australian Government | 3 | (1,177) | (1,363) | ||
| Closing balance of Capital and Reserves | 5 | 11,208 | 9,603 |