Reserve Bank of Australia Annual Report – 2014 Financial Statements Statement of Distribution
For the year ended 30 June
2014
Reserve Bank of Australia and Controlled Entity
| Note | 2014 $M | 2013 $M | |
|---|---|---|---|
| Net Profit | 9,392 | 4,333 | |
| Transfer from/(to) unrealised profits reserve | 5 | 640 | (3,796) |
| Transfer from asset revaluation reserves | 5 | 3 | – |
| Earnings available for distribution | 10,035 | 537 | |
| Distributed as follows: | |||
| Transfer to Reserve Bank Reserve Fund | 5 | 8,800 | 537 |
| Payable to the Commonwealth | 3 | 1,235 | – |
| 10,035 | 537 | ||
| The above statement should be read in conjunction with
the accompanying notes. Comparative figures for the financial reporting period ended 30 June 2013 have been restated for the revised accounting standard AASB 119 – Employee Benefits (refer Note 1(l)). |
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