Reserve Bank of Australia Annual Report – 2015 Pro Forma Business Accounts
The Pro Forma Business Accounts for the Reserve Bank's contestable business have been prepared in accordance with competitive neutrality guidelines. They do not form part of the audited financial statements.
| Transactional Banking | ||
|---|---|---|
| 2013/14 $ million |
2014/15 $ million |
|
| Revenue | ||
| – Service fees | 83.1 | 95.0 |
| – Other revenue | 5.4 | 3.5 |
| Total | 88.5 | 98.5 |
| Expenditure | ||
| – Direct costs | 81.1 | 91.0 |
| – Indirect costs | 0.2 | 0.1 |
| Total | 81.3 | 91.1 |
| Net profit/(loss) | 7.2 | 7.4 |
| Net profit/(loss) after taxes(a) | 5.1 | 5.5 |
| Assets(b) | ||
| – Domestic markets investments | 524.8 | 981.3 |
| – Other assets | 25.4 | 28.5 |
| Total | 550.2 | 1,009.8 |
| Liabilities(b) | ||
| – Capital and reserves | 25.0 | 25.0 |
| – Deposits | 509.8 | 968.8 |
| – Other liabilities | 15.4 | 16.0 |
| Total | 550.2 | 1,009.8 |
|
(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 |
||