Reserve Bank of Australia Annual Report – 2023 Financial Statements Statement of Changes in Equity
| Note | Earnings available for distribution | Unrealised profits reserve | Asset revaluation reserves |
Superannuation reserve | Reserve Bank Reserve Fund | Accumulated losses | Capital | Total equity | |
|---|---|---|---|---|---|---|---|---|---|
| $M | $M | $M | $M | $M | $M | $M | $M | ||
| Balance as at 30 June 2021 | − | 502 | 6,753 | 344 | 15,366 | − | 40 | 23,005 | |
| Net Profit/(Loss) | 1(h) | (36,198) | (502) | (36,700) | |||||
| Gains/(losses) on: | |||||||||
| – Gold | 1(d), 5 | 750 | 750 | ||||||
| – Shares in international and other institutions | 1(b), 5 | 24 | 24 | ||||||
| – Property | 1(e), 5 | (6) | (6) | ||||||
| – Superannuation | 1(j) | 484 | 484 | ||||||
| Other comprehensive income | 768 | 484 | 1,252 | ||||||
| Total comprehensive income for 2021/22 | (35,448) | ||||||||
| Transfer from asset revaluation reserves | 1(g), 3 | (4) | 4 | − | |||||
| Transfer from Reserve Bank Reserve Fund | 15,366 | (15,366) | − | ||||||
| Transfer to accumulated losses | 20,836 | (20,836) | − | ||||||
| Transfer to distribution payable to the Commonwealth | 1(h), 3 | – | − | ||||||
| Balance as at 30 June 2022 | − | − | 7,525 | 828 | − | (20,836) | 40 | (12,443) | |
| Net Profit/(Loss) | 1(h) | (5,952) | – | (5,952) | |||||
| Gains/(losses) on: | |||||||||
| – Gold | 1(d), 5 | 634 | 634 | ||||||
| – Shares in international and other institutions | 1(b), 5 | 27 | 27 | ||||||
| – Property | 1(e), 5 | (141) | (141) | ||||||
| – Superannuation | 1(j) | 147 | 147 | ||||||
| Other comprehensive income | 520 | 147 | 667 | ||||||
| Total comprehensive income for 2022/23 | (5,285) | ||||||||
| Transfer from asset revaluation reserves | 1(g), 3 | – | – | − | |||||
| Transfer from Reserve Bank Reserve Fund | – | – | − | ||||||
| Transfer to accumulated losses | 5,952 | (5,952) | − | ||||||
| Transfer to distribution payable to the Commonwealth | 1(h), 3 | – | − | ||||||
| Balance as at 30 June 2023 | − | − | 8,045 | 975 | − | (26,788) | 40 | (17,728) | |
|
The above statement should be read in conjunction with the accompanying Notes. |
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