Reserve Bank of Australia Annual Report – 2014 Financial Statements Cash Flow Statement

For the year ended 30 June 2014
Reserve Bank of Australia and Controlled Entity

This statement meets the requirements of AASB 107 – Cash Flow Statements and the Finance Minister's Orders for Financial Reporting. For the purposes of this statement, cash includes the notes and coin held at the RBA and overnight settlement balances due from other banks.

Note 2014 Inflow/
(outflow) $M		 2013 Inflow/
(outflow) $M
Cash flows from operating activities
Interest received on investments   1,719 1,655
Interest received on loans, advances, and on net overnight settlements balances   13 30
Banking service fees received   81 66
Banking service fees paid   (61) (64)
Dividends received   – 5
Rents received   10 9
Commonwealth grant received 1(j) 8,800 –
Net payments for investments   (40,686) (11,592)
Cash collateral received/(pledged)   382 (253)
Interest paid on deposit liabilities   (964) (611)
Interest paid on banknote holdings of banks   (62) (89)
Staff costs (including redundancy)   (215) (198)
Premises and equipment   (45) (41)
Other   (19) (1)
Net cash used in operating activities 6 (31,047) (11,084)
Cash flows from investment activities
Proceeds from the sale of Securency   7 75
Net expenditure on property, plant and equipment   (50) (50)
Net cash provided by investment activities   (43) 25
Cash flows from financing activities
Distribution to the Commonwealth   – (500)
Net movement in deposit liabilities   27,391 8,183
Net movement in loans and advances   – 1
Net movement in notes on issue   3,835 3,348
Net cash provided by financing activities   31,226 11,032
 
Net increase/(decrease) in cash   136 (27)
Cash at beginning of financial year   137 164
 
Cash at end of financial year 6 273 137
The above statement should be read in conjunction with the accompanying notes.