Reserve Bank of Australia Annual Report – 2007 Financial Statements Statement of Changes in Capital and Reserves
For the
year ended 30 June 2007
Reserve Bank of Australia and Controlled Entities
| Note | 2007 $M | 2006 $M | |
|---|---|---|---|
| Opening balance of Capital and Reserves | 5 | 11,208 | 9,603 |
| Plus: | |||
| Net Profit/(Loss) | 2 | (1,393) | 2,093 |
| Gain/(loss) on revaluation of gold | 5 | (149) | 647 |
| Gain/(loss) on revaluation of shares in international institutions | 5 | (14) | 25 |
| Gain/(loss) on revaluation of properties | 5 | 51 | 17 |
| Total revaluation gains/(losses) | (112) | 689 | |
| Total income and expenses | (1,505) | 2,782 | |
| Less: | |||
| Transfer to the distribution payable to Australian Government | 3 | (1,085) | (1,177) |
| Closing balance of Capital and Reserves | 5 | 8,618 | 11,208 |