Reserve Bank of Australia Annual Report – 2007 Financial Statements Note 5

Note 5 CAPITAL AND RESERVES
Changes in the RBA's Capital and Reserves are shown below.

2007 $M 2006 $M
Asset revaluation reserves
Gold (Note 1(c))    
Opening balance 1,991 1,361
Net revaluation adjustments (149) 647
Transfers (to)/from Statement of Distribution – (17)
As at 30 June 1,842 1,991
Shares in international financial institutions (Note 1 (b), 7)    
Opening balance 223 198
Net revaluation adjustments (14) 25
As at 30 June 209 223
Bank properties, plant and equipment (Notes 1(d), 8)    
Opening balance 140 123
Net revaluation adjustments 51 17
Transfers (to)/from Statement of Distribution (3) –
As at 30 June 188 140
Total asset revaluation reserves (Note 1(e))    
Opening balance 2,354 1,682
Net revaluation adjustments (112) 689)
Transfers (to)/from Statement of Distribution (3) (17)
As at 30 June 2,239 2,354
Unrealised profits reserves
Reserve for unrealised profits on investments (Note 1(e))    
Opening balance 2,476 1,540
Net transfers (to)/from Statement of Distribution (2,476) 936
As at 30 June – 2,476
Reserve for unrealised profits on superannuation (Note 1(h))    
Opening balance 52 55
Net transfers (to)/from Statement of Distribution 1 (3)
As at 30 June 53 52
Total unrealised profits reserves    
Opening balance 2,528 1,595
Net transfers (to)/from Statement of Distribution (2,475) 933
As at 30 June 53 2,528
Reserve Bank Reserve Fund (Note 1(e))
Opening balance 6,286 6,286
Transfers (to)/from Statement of Distribution – –
As at 30 June 6,286 6,286
Capital
Opening and closing balance 40 40