Reserve Bank of Australia Annual Report – 2020 Financial Statements Note 7 – Other Assets
Note | 2020 $M |
2019 $M |
|
---|---|---|---|
Shareholding in Bank for International Settlements | 1(b) | 518 | 473 |
Computer software | 1(f) | 92 | 97 |
Other | 87 | 77 | |
As at 30 June | 697 | 647 |
At 30 June 2020, the gross book value of the RBA's computer software amounted to $174.6 million and the accumulated amortisation on these assets was $82.7 million ($156.3 million and $59.1 million, respectively, at 30 June 2019). During 2019/20, there were $18.4 million in net additions to computer software ($16.1 million in 2018/19) and $24.3 million in amortisation expense ($20.5 million in 2018/19). The RBA had contractual commitments of less than $0.1 million as at 30 June 2020 for the acquisition of computer software ($3.5 million at 30 June 2019).
Other assets include receivables of $19.1 million at 30 June 2020 ($31.7 million at 30 June 2019). None of these assets is impaired. There were no contract assets at 30 June 2020 (Note 1(m)).