Reserve Bank of Australia Annual Report – 2015 Financial Statements Cash Flow Statement

For the year ended 30 June 2015
Reserve Bank of Australia and Controlled Entity

This statement meets the requirements of AASB 107 – Statement of Cash Flows and the Public Governance, Performance and Accountability (Financial Reporting) Rule 2015. 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
 		 2015 Inflow/(outflow) $M 2014 Inflow/(outflow) $M
Cash flows from operating activities
Interest received on investments   2,168 1,719
Interest received on loans, advances, and on net overnight settlements balances   8 13
Banking service fees received   96 81
Banking service fees paid   (76) (61)
CLF fees received   242 –
Dividends received   3 –
Rents received   9 10
Commonwealth government grant received 1(j) – 8,800
Net payments for investments   (12,243) (40,686)
Cash collateral received/(pledged)   545 382
Interest paid on deposit liabilities   (1,188) (964)
Interest paid on currency note holdings of banks   (71) (62)
Staff costs (including redundancy)   (228) (215)
Premises and equipment   (47) (45)
Other   (17) (19)
Net cash used in operating activities 6 (10,799) (31,047)
Cash flows from investment activities
Proceeds from the sale of Securency   8 7
Net expenditure on property, plant and equipment   (42) (50)
Net cash used in investment activities   (34) (43)
Cash flows from financing activities
Distribution to the Commonwealth   (618) –
Net movement in deposit liabilities   6,912 27,391
Net movement in loans and advances   1 –
Net movement in notes on issue   4,703 3,835
Net cash provided by financing activities   10,998 31,226
 
Net increase/(decrease) in cash   165 136
Cash at beginning of financial year   273 137
 
Cash at end of financial year 6 438 273
The above statement should be read in conjunction with the accompanying notes.