Reserve Bank of Australia Annual Report – 1991 Financial Statements Bank Premises and Other Durable Assets
Note 6 Bank Premises and Other Durable Assets
1989/90 $'000 |
1990/91 $'000 |
|
---|---|---|
Premises | ||
480,120 | Opening balance | 488,756 |
5,684 | Net expenditure in year | 4,927 |
485,804 | 493,683 | |
Net revaluation adjustments | ||
2,952 | – Currency translation | (1,514) |
488,756 | 492,169 | |
(12,362) | Accumulated depreciation | (18,816) |
476,394 | As at 30 June | 473,353 |
Amounts written off Bank premises in 1990/91 in terms of section 78 of the Reserve Bank Act were $6.466 million ($6.349 million in 1989/90). |
||
Other Durable Assets | ||
66,733 | Opening balance | 77,510 |
10,777 | Net expenditure in year | 22,139 |
77,510 | 99,649 | |
(46,149) | Accumulated depreciation | (52,522) |
31,361 | As at 30 June | 47,127 |