Reserve Bank of Australia Annual Report – 2014 Financial Statements Statement of Changes in Capital and Reserves

For the year ended 30 June 2014
Reserve Bank of Australia and Controlled Entity

Note Unrealised profits reserve Asset revaluation reserves Superannuation reserve Earnings available for distribution Reserve Bank Reserve Fund Capital Total capital and reserves
$M $M $M $M $M $M $M
Balance as at 30 June 2012   – 4,375 (523) – 1,822 40 5,714
Net Profit/(Loss) 1(g), 2 3,796     537     4,333
Gains/(losses) on:                
Gold 1(c), 5   (727)         (727)
Shares in international and other institutions 1(b), 5   42         42
Property, plant and equipment 1(d), 5   15         15
Superannuation 1(i), 5   – 345       345
Other comprehensive income     (670) 345       (325)
Total comprehensive income for 2012/13 4,008
Transfer to Reserve Bank Reserve Fund 1(f), 3   –   (537) 537   –
Transfer to distribution payable to the Commonwealth 1(g), 3   –   –     –
Balance as at 30 June 2013   3,796 3,705 (178) – 2,359 40 9,722
Net Profit/(Loss) 1(g), 2 (640)     10,032     9,392
Gains/(losses) on:                
Gold 1(c), 5   284         284
Shares in international and other institutions 1(b), 5   (20)         (20)
Property, plant and equipment 1(d), 5   12         12
Superannuation 1(i), 5   – 155       155
Other comprehensive income     276 155       431
Total comprehensive
income for 2013/14		 9,823
Transfer from asset revaluation reserve 1(f), 3   (3)   3     –
Transfer to Reserve Bank Reserve Fund 1(f), 3   –   (8,800) 8,800   –
Transfer to distribution payable to the Commonwealth 1(g), 3   –   (1,235)     (1,235)
Balance as at 30 June 2014   3,156 3,978 (23) – 11,159 40 18,310
Comparative figures for the financial reporting period ended 30 June 2013 have been restated for the revised AASB 119 – Employee Benefits (refer Note 1(l)).