Reserve Bank of Australia Annual Report – 2017 Financial Statements Note 7 – Other Assets
Note | 2017 $M |
2016 $M |
|
---|---|---|---|
Shareholding in Bank for International Settlements | 1(b) | 412 | 413 |
Computer software | 1(f) | 82 | 56 |
Other | 63 | 67 | |
As at 30 June | 557 | 536 |
At 30 June 2017, the gross book value of the RBA's computer software amounted to $110.0 million and the accumulated amortisation on these assets was $27.9 million ($79.3 million and $23.1 million, respectively, at 30 June 2016). During 2016/17, there were $30.7 million in net additions to computer software ($26.1 million in 2015/16) and $10.1 million in amortisation expense ($4.6 million in 2015/16). The RBA had contractual commitments of $9.6 million as at 30 June 2017 for the acquisition of computer software ($1.1 million at 30 June 2016).
Other assets include receivables of $25.9 million as at 30 June 2017 ($24.9 million at 30 June 2016), none of which is impaired.