Reserve Bank of Australia Annual Report – 2017 Financial Statements Statement of Distribution
For the year ended 30 June 2017
Reserve Bank of Australia and Controlled Entity
Note | 2017 $M |
2016 $M |
|
---|---|---|---|
Net Profit/(Loss) | (897) | 2,883 | |
Transfer from unrealised profits reserve | 2,179 | 1,729 | |
Transfer from asset revaluation reserves | 4 | – | |
Earnings available for distribution | 1,286 | 4,612 | |
Distributed as follows: | |||
Transfer to Reserve Bank Reserve Fund | – | 1,390 | |
Payable to the Commonwealth | 3 | 1,286 | 3,222 |
1,286 | 4,612 | ||
The above statement should be read in conjunction with the accompanying Notes. |