Statement of Comprehensive Income | Financial Statements | Reserve Bank of Australia Annual Report – 2014

Reserve Bank of Australia Annual Report – 2014 Financial Statements Statement of Comprehensive Income

For the year ended 30 June 2014
Reserve Bank of Australia and Controlled Entity

Revenue
	Note	2014 $M	2013 $M
Interest revenue	2	1,834	1,642
Net gains on securities and foreign exchange	2	150	3,662
Dividend revenue	2	3	5
Fees and commissions	2	86	66
Commonwealth grant	2	8,800	–
Other income	2	118	138
Total Revenue		10,991	5,513
Expenses
Interest expense	2	1,086	708
General administrative expenses	2	405	393
Other expenses	2	108	79
Total Expenses		1,599	1,180
Net Profit		9,392	4,333
Other Comprehensive Income
Items that may be reclassified to profit or loss
Gains/(losses) on:
Gold	5	284	(727)
Shares in international and other institutions	5	(20)	42
		264	(685)
Items that will not be reclassified to profit or loss
Gains/(losses)on:
Property, plant and equipment	5	12	15
Superannuation	5	155	345
		167	360

Total Other Comprehensive Income		431	(325)
Total Comprehensive Income		9,823	4,008
The above statement should be read in conjunction with the accompanying notes. Comparative figures for the financial reporting period ended 30 June 2013 have been restated for the revised accounting standard AASB 119 – Employee Benefits (refer Note 1(l)).