Reserve Bank of Australia Annual Report – 2005 Financial Statements Note 7

Note 7 LOANS, ADVANCES AND OTHER ASSETS

2005 $M 2004 $M
Shareholding in Bank for International Settlements 241   216
Officers' Home Advances 21   23
Gold coin 19   19
Investment in Securency 14   11
Other 21   28
As at 30 June 316   297

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 2005 was $36,530,001. The carrying value of the RBA's investment in Securency as at 30 June 2005 was $13,703,684 ($11,484,170 at 30 June 2004). Securency has a 31 December balance date.

As at 30 June 2005, other assets included receivables of $15.8 million, of which $12.2 million is current (at 30 June 2004 other assets included receivables of $15.1 million, of which $11 million was current).