Reserve Bank of Australia Annual Report – 2009 Pro Forma Business Accounts

The following sets of accounts for each of the Reserve Bank'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 Registry
2007/08
$ million
2008/09
$ million
2007/08
$ million
2008/09
$ million
Revenue
– Service fees 15.5 18.3 0.5 0.5
– Other revenue 6.0 5.0 0.1 0.1
Total 21.5 23.3 0.6 0.6
Expenditure
– Direct costs 12.8 14.3 0.3 0.3
– Indirect costs 5.3 4.0 0.1 0.1
Total 18.1 18.3 0.4 0.4
Net profit/(loss) 3.4 5.0 0.2 0.2
Net profit/(loss) after taxes(a) 2.3 3.5 0.1 0.1
Assets(b)
– Domestic markets investments 409.4 418.0 1.3 1.5
– Other assets 10.1 8.8 0.1  
Total 419.5 426.8 1.4 1.5
Liabilities(b)
– Capital & reserves 25.0 25.0 1.0 1.0
– Deposits 387.9 395.5    
– Other liabilities 6.6 6.3 0.4 0.5
Total 419.5 426.8 1.4 1.5
(a) In accordance with competitive neutrality guidelines, income tax expense has been calculated and transferred to the Commonwealth as a notional part of the Reserve Bank's annual profit distribution
(b) As at 30 June