Reserve Bank of Australia Annual Report – 2013 Financial Statements Cash Flow Statement
Cash Flow Statement – for the year ended 30 June 2013
Reserve Bank of Australia and Controlled Entities
This statement meets the requirements of AASB 107 – Cash Flow Statements and the Finance Minister's Orders for Financial Reporting. For the purpose of this statement, cash includes the notes and coin held at the Reserve Bank and overnight settlements balances due from other banks.
| Note | 2013 Inflow/ (outflow) $M |
2012 Inflow/ (outflow) $M |
|
|---|---|---|---|
| Cash flows from operating activities | |||
| Interest received on investments | 1,655 | 1,961 | |
| Interest received on loans, advances and on net overnight settlements balances | 30 | 41 | |
| Loan management reimbursement | 1 | 1 | |
| Banking service fees received | 28 | 23 | |
| Dividends received | 5 | 9 | |
| Rents received | 9 | 9 | |
| Net payments for investments | (11,592) | (5,957) | |
| Cash collateral received/(pledged) | (253) | – | |
| Interest paid on deposit liabilities | (611) | (778) | |
| Interest paid on currency note holdings of banks | (89) | (123) | |
| Staff costs (including redundancy) | (198) | (184) | |
| Premises and equipment | (41) | (38) | |
| Other | (28) | (24) | |
| Net cash used in operating activities | 6 | (11,084) | (5,060) |
| Cash flows from investment activities | |||
| Proceeds from the sale of Securency | 75 | – | |
| Net expenditure on property, plant and equipment | (50) | (17) | |
| Net cash provided by investment activities | 25 | (17) | |
| Cash flows from financing activities | |||
| Distribution to the Commonwealth | (500) | – | |
| Net movement in deposit liabilities | 8,183 | 496 | |
| Net movement in loans and advances | 1 | – | |
| Net movement in notes on issue | 3,348 | 3,536 | |
| Net cash provided by financing activities | 11,032 | 4,032 | |
| Net increase/(decrease) in cash | (27) | (1,045) | |
| Cash at beginning of financial year | 164 | 1,209 | |
| Cash at end of financial year | 6 | 137 | 164 |
| The above statement should be read in conjunction with the accompanying notes. | |||