Reserve Bank of Australia Annual Report – 2004 Financial Statements Note 7 – Loans, Advances and Other Assets
2004 $M | 2003 $M | |
---|---|---|
Shareholding in Bank for International Settlements | 216 | 181 |
Officers' Home Advances | 23 | 25 |
Gold coin | 19 | 17 |
Investment in Securency | 11 | 11 |
Other | 28 | 21 |
As at 30 June | 297 | 255 |
The Reserve Bank of Australia has a 50 per cent share in Securency Pty Ltd, which is incorporated in Victoria, Australia, and whose principal activity is the marketing and manufacture of polymer substrate. The capital of Securency as at 30 June 2004 was $36,530,001. The carrying value of the RBA's investment in Securency as at 30 June 2004 was $11,484,170 ($11,164,670 at 30 June 2003). Securency Pty Ltd has a 31 December balance date.
As at 30 June 2004, other assets included receivables of $15.1 million, of which $11.0 million is current (at 30 June 2003 other assets included receivables of $17.2 million, of which $15.9 million was current).