Reserve Bank of Australia Annual Report – 2018 Financial Statements Note 2 – Net Profit
| Note | 2018 $M |
2017 $M |
|
|---|---|---|---|
| Net interest income | |||
| Interest income | 1(b), 4 | 2,109 | 2,305 |
| Interest expense | 1(b), 4 | (1,200) | (1,086) |
| 901 | 1,023 | ||
| Fees and commissions income | |||
| Committed liquidity facility | 1(j) | 349 | 347 |
| Banking services | 105 | 106 | |
| Payment services | 21 | 20 | |
| 475 | 473 | ||
| Other income | |||
| Sales of note and security products | 42 | 32 | |
| Rental of Bank premises | 10 | 9 | |
| Dividend revenue | 1(b) | 4 | 5 |
| Other | 1 | 4 | |
| 57 | 50 | ||
| Net gains/(losses) on securities and foreign exchange | |||
| Foreign investments | 1(b) | (99) | (169) |
| Australian dollar securities | 1(b) | (160) | (400) |
| Foreign currency | 1(b) | 3,261 | (1,288) |
| 3,002 | (1,857) | ||
| General administrative expenses | |||
| Staff costs | (226) | (218) | |
| Net gains/(losses) on employee provisions | 12 | 20 | |
| Superannuation costs | 1(i) | (58) | (77) |
| Depreciation of property, plant and equipment | 1(e), 8 | (47) | (41) |
| Amortisation of computer software | 1(f), 7 | (17) | (10) |
| Premises and equipment | (64) | (61) | |
| Other | (21) | (19) | |
| (421) | (406) | ||
| Other expenses | |||
| Banking service fees | (88) | (89) | |
| Materials used in note and security products | (45) | (49) | |
| Banknote distribution | (1) | (2) | |
| Other | (33) | (40) | |
| (167) | (180) | ||
| Net profit/(loss) | 3,847 | (897) | |