Reserve Bank of Australia Annual Report 2011

Note 5 – Capital and Reserves
Changes in the RBA’s Capital and Reserves (Note 1(e)) are shown below.
Asset revaluation reserves
Gold (Note 1(c))
Opening balance 3 620 2 830
Net revaluation adjustments (147) 790
As at 30 June 3 473 3 620
Shares in international and other institutions (Notes 1(b), 7)
Opening balance 285 275
Net revaluation adjustments (26) 10
As at 30 June 259 285
Bank properties, plant and equipment (Notes 1(d), 8)
Opening balance 182 203
2011
$M
2010
$M
Net revaluation adjustments 7 (21)
As at 30 June 189 182
Total asset revaluation reserves (Note 1(e))
Opening balance 4 087 3 308
Net revaluation adjustments (166) 779
As at 30 June 3 921 4 087
Unrealised profits reserves
Reserve for unrealised profits on investments (Note 1(e))
Opening balance – 2 237
Net transfers (to)/from Statement of Distribution – (2 237)
As at 30 June – –
Reserve for unrealised profits on superannuation (Note 1(h))
Opening balance 84 95
Net transfers (to)/from Statement of Distribution (23) (11)
As at 30 June 61 84
Total unrealised profits reserves
Opening balance 84 2 332
Net transfers (to)/from Statement of Distribution (23) (2 248)
As at 30 June 61 84
Reserve Bank Reserve Fund (Note 1(e))
Opening balance 6 183 6 863
Transfers (to)/from Statement of Distribution (4 866) (680)
As at 30 June 1 317 6 183
Capital
Opening and closing balance 40 40
Annual report 2011 | notes to the financial statements
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