Reserve Bank of Australia Annual Report – 2017 Financial Statements Note 5 – Asset Revaluation Reserves
The composition of the RBA's asset revaluation reserves (Note 1(g)) is shown below.
Note | 2017 $M |
2016 $M |
|
---|---|---|---|
Gold | 1(d) | 4,020 | 4,439 |
Shares in international and other institutions | 1(b), 7 | 369 | 370 |
Property(a) | 1(e), 8 | 332 | 265 |
As at 30 June | 4,721 | 5,074 | |
(a) The comparative includes a sum of $4 million in the asset revaluation reserve for plant and equipment. As noted in Note 1(e), the RBA has changed its accounting policy for the measurement of plant and equipment from fair value to cost, with effect 30 June 2017 |