Reserve Bank of Australia Annual Report – 2015 Financial Statements Note 4 – Interest Revenue and Interest Expense
Analysis for the year ended 30 June 2015.
| Average balance $M |
Interest $M | Average annual interest rate $M |
|
|---|---|---|---|
| Interest revenue | |||
| Foreign investments | 59,054 | 148 | 0.3 |
| Australian dollar investments | 75,487 | 2,006 | 2.7 |
| Overnight settlements | 346 | 7 | 2.1 |
| Cash collateral provided | 231 | 3 | 2.3 |
| Gold loans | 46 | – | 0.3 |
| Loans, advances and other | 30 | 1 | 2.0 |
| 135,194 | 2,165 | 1.6 | |
| Interest expense | |||
| Exchange Settlement balances | 21,614 | 506 | 2.3 |
| Deposits from governments | 27,774 | 655 | 2.4 |
| Deposits from overseas institutions | 1,192 | 13 | 1.1 |
| Banknote holdings of banks | 2,991 | 63 | 2.1 |
| Foreign repurchase agreements | 2,358 | (2) | (0.1) |
| Australian dollar repurchase agreements | 76 | 2 | 2.4 |
| Cash collateral received | 416 | 8 | 2.3 |
| Other deposits | 18 | – | 0.8 |
| 56,439 | 1,245 | 2.2 | |
| Analysis for the year ended 30 June 2014 | |||
| Interest revenue total | 111,469 | 1,834 | 1.6 |
| Interest expense total | 46,780 | 1,086 | 2.3 |
Interest revenue for 2014/15 includes $1,625 million calculated using the effective interest method for financial assets not at fair value through profit or loss ($1,259 million in 2013/14). Interest expense for 2014/15 includes $1,245 million calculated using the effective interest method for financial liabilities not at fair value through profit or loss ($1,086 million in 2013/14).