Reserve Bank of Australia Annual Report – 2015 Financial Statements Note 7 – Loans, Advances and Other Assets
Note |
2015 $M | 2014 $M | |
---|---|---|---|
Shareholding in Bank for International Settlements | 1(b) | 399 | 348 |
Computer software | 1(e) | 34 | 18 |
Officers' Home Advances | 3 | 4 | |
Other | 40 | 42 | |
As at 30 June | 476 | 412 |
At 30 June 2015, the gross book value of the RBA's computer software amounted to $53.2 million and the accumulated amortisation on these assets was $18.9 million ($33.2 million and $15.1 million, respectively, at 30 June 2014). During 2014/15, there were $20.0 million in net additions to computer software ($10.8 million in 2013/14) and $4.0 million in amortisation expense ($3.5 million in 2013/14). The RBA had contractual commitments of $11.7 million as at 30 June 2015 for the acquisition of computer software ($1.9 million at 30 June 2014). Other assets include receivables of $21.6 million as at 30 June 2015 ($30.1 million at 30 June 2014), none of which are impaired.