Reserve Bank of Australia Annual Report – 2013 Financial Statements Note 6 – Cash and Cash Equivalents
This includes net amounts of $115 million owed to the RBA for overnight clearances of financial transactions through the clearing houses; an amount of $135 million was owed to the RBA at 30 June 2012. Other cash and cash equivalents includes NPA's bank deposits.
Cash and cash equivalents exclude Australian and foreign short-term investments held to implement monetary policy or as part of Australia's foreign reserve assets. These investments are disclosed as Australian dollar securities and foreign exchange, respectively; detail is disclosed in Note 15.
| 2013 $M | 2012 $M | |
|---|---|---|
| Cash | 22 | 29 |
| Overnight settlements | 115 | 135 |
| 137 | 164 |
| Reconciliation of net cash used in operating activities to Net Profits |
Note | 2013 $M | 2012 $M |
|---|---|---|---|
| Net Profit | 4,313 | 1,076 | |
| Increase/(decrease) in interest payable | 5 | (25) | |
| Net loss/(gain) on overseas investments | 2 | 70 | (426) |
| Net loss/(gain) on Australian dollar securities | 2 | 244 | (188) |
| Net loss/(gain) on foreign currency | 2 | (3,976) | 228 |
| Decrease/(increase) in income accrued on investments | 47 | 140 | |
| Cash collateral received/(pledged) | (253) | – | |
| Depreciation of property | 8 | 8 | 7 |
| Depreciation of plant and equipment | 8 | 19 | 18 |
| Net payments for investments | (11,592) | (5,957) | |
| Other | 31 | 67 | |
| Net cash used in operating activities | (11,084) | (5,060) |