Reserve Bank of Australia Annual Report – 2021 Financial Statements Note 8 – Property, Plant and Equipment
| Land and buildings $M |
Plant and equipment $M |
Leased assets $M |
Total $M |
|
|---|---|---|---|---|
| Gross Book Value as at 30 June 2020 | 568 | 330 | 25 | 923 |
| Accumulated depreciation | (1) | (189) | (4) | (194) |
| Net Book Value | 567 | 141 | 21 | 729 |
| Additions | 20 | 33 | 1 | 54 |
| Depreciation expense | (14) | (34) | (4) | (52) |
| Net gain/(loss) recognised in Other Comprehensive Income | 24 | – | – | 24 |
| Disposals | – | (1) | 0 | (1) |
| Net additions to net book value | 30 | (2) | (3) | 25 |
| Gross Book Value as at 30 June 2021 | 598 | 357 | 26 | 981 |
| Accumulated depreciation | (1) | (218) | (8) | (227) |
| Net Book Value | 597 | 139 | 18 | 754 |
The net book value of the RBA's property, plant and equipment includes $48.3 million of work in progress ($25.0 million at 30 June 2020). The carrying amount of leased assets at 30 June 2021 includes $11.3 million in property and $6.7 million in plant and equipment ($11.9 million and $9.0 million, respectively, at 30 June 2020).
As at 30 June 2021, the RBA had contractual commitments of $19.2 million for acquisitions relating to its property, plant and equipment ($24.5 million at 30 June 2020), of which $16.6 million are due within one year ($18.6 million at 30 June 2020).