Reserve Bank of Australia Annual Report – 2001 Pro Forma Business Accounts

The following sets of accounts for each of the RBA's contestable businesses have been prepared in accordance with competitive neutrality guidelines. These accounts do not form part of the audited financial statements.

Transactional Banking Business RITS Registry
1999/2000
$ million		 2000/01
$ million		 1999/2000
$ million		 2000/01
$ million		 1999/2000
$ million		 2000/01
$ million
Revenue
– Service fees 14.9 16.4 3.1 2.7 1.9 1.5
– Other revenue 4.6 6.0 0.2 0.2 0.1 0.1
Total 19.5 22.4 3.3 2.9 2.0 1.6
Expenditure
– Direct costs 11.4 10.8 2.4 2.6 1.0 0.6
– Indirect costs 4.9 3.6 0.5 0.5 0.6 0.3
Total 16.3 14.4 2.9 3.1 1.6 0.9
Net profit/(loss) 3.3 8.0 0.4 −0.2 0.4 0.7
Net profit/(loss) after taxes(a) 2.1 5.4 0.2 −0.2 0.2 0.5
Assets(b)
– Domestic market investments 681.8 772.2 3.4 4.1 2.4 1.6
– Other assets 13.8 12.3 1.6 0.8 0.2 0.1
Total 695.6 784.5 5.0 4.9 2.6 1.7
Liabilities(b)
– Capital & reserves 25.0 25.0 4.0 4.0 2.0 1.0
– Deposits 663.3 751.5        
– Other liabilities 7.3 8.0 1.0 0.9 0.6 0.7
Total 695.6 784.5 5.0 4.9 2.6 1.7
(a) In accordance with competitive neutrality guidelines, income tax expense has been calculated and transferred to the Commonwealth as a notional part of the RBA's annual profit distribution.
(b) As at 30 June