Reserve Bank of Australia Annual Report – 2008 Financial Statements Statement of Distribution
STATEMENT OF DISTRIBUTION For the year ended 30 June 2008
Reserve Bank of Australia and Controlled Entities
Note | 2008 $M | 2007 $M | |
---|---|---|---|
NET PROFIT | 1,430 | (1,393) | |
Transfer (to)/from unrealised profits reserves | 5 | (27) | 2,475 |
Transfer (to)/from Reserve Bank Reserve Fund | 5 | – | – |
Transfer from asset revaluation reserves | 5 | – | 3 |
Earnings available for distribution | 1,403 | 1,085 | |
Distributed as follows: | |||
Reserve Bank Reserve Fund | 5 | – | – |
Payable to the Australian Government | 3 | 1,403 | 1,085 |
1,403 | 1,085 |